Carl and Doug explore the nuances of early retirement, diving into aspects ranging from daily life to responsible financial drawdowns. They also address withdrawal strategies, involving rental properties and index funds, automated transfers, and how to handle Required Minimum Distributions (RMDs). The discussion expands into elements of happiness in retirement, spending decisions and the implication of tax optimization and reinvestment. Additionally, a conversation about handwritten notes vs. digital tools unfolds, shedding light on the benefits of 'old-school' note-taking.
Listener Questions: What does your retired life look like?  Do you still work, do you have income, do you still consider yourself retired if you do?  What does your daily routine look like?
Do you have a withdrawal strategy that provides excess savings?  If so, don't let that money go to waste.  Come support us over at Buy Me A Coffee.
Links

Get your DIY colonoscopy kit, A.S.S.: MileHighFI.com/ASS
Carla & Robert on Mile High FI episode 012
Arik Peterson on Mile High FI episode 090
Mr. Money Mustache
Mindy Jensen, First-Time Home Buyer
Chris & Deb (Go Bucket Yourself) on Mile High FI episode 052
Mark Trautman, The Fun Bucket
FI Calc
Sean Mullaney
Mad Fientist, Tax-Gain Harvesting
Mad Fientist, How to Access Retirement Funds Early
Downshift Financial
Bullet Journaling
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.**

Brought To You By:

The Doug Show, aka Affiliate Marketing & Side Hustles

1500 Days, Carl's Blog about Early Retirement

Email us here: doug@milehighfi.com or carl@milehighfi.com

0:00 Introduction

1:05 Post-FI life

10:34 What does FI look like?

18:51 Shifting interests

25:59 Rental properties & retirement income

30:31 Index fund withdrawal strategy

35:46 Withdrawal frequency & amount

46:37 RMDs and tax strategies

57:34 Professional financial advice

1:07:24 Soundcheck - Paper notebooks