FIRE in a Recession or When the Market Takes a DIVE [rebroadcast] | MHFI 225
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Doug and Carl discuss the challenges of retiring during a market downturn.  They delve into the significance of Sequence of Returns Risk & inflation then propose strategies for financial management during recessions, such as cutting expenses, maintaining cash reserves, adjusting withdrawals, part-time work, and re-evaluating investments. 

Note: This is a rebroadcast of MHFI episode 133

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Links

EconoMe Conference)

JD Roth/foldedspace)

JD Roth on MHFI episode 127)

Go Curry Cracker, “The Path to 100% Equities”)

Michael Kitces, “Understanding Sequence Of Return Risk”)

Michael Kitces on BiggerPockets Money podcast episode 351)

• Mile High FI Facebook Group)

• Doug’s site)

• Carl’s blog: 1500 Days)

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Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.

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1500 Days, Carl’s Blog about Early Retirement)

Email us here: [email protected] or [email protected]

0:00 Introduction

4:11 Introduction 2

9:29 Taylor Swift

14:28 Retiring during a recession

18:37 Sequence of returns risk & inflation

23:11 Mitigating Sequence of Returns Risk & inflation

28:51 Other strategies for a downturn

34:28 First decade matters the most

38:43 Blooper- Failed quote