Mr. Money Mustache: What is Enough for Early Retirement? | MHFI 342
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Doug and MMM answer a voicemail. A listener wants to know "what is enough?" He's 41, net worth of about $3.2M, paid off house, $1.75 million in retirement accounts, $200K in cash, and $750K in stocks in a brokerage account. Expenses are around $60,000 per year.
Chapters- (00:00:13) - Disclaimer and Episode Setup
- (00:01:46) - What Is Enough?
- (00:06:11) - Rob’s Financial Picture
- (00:08:16) - Safe But Still Working
- (00:13:40) - Why Goalposts Move
- (00:20:51) - Lumpy Expenses Explained
- (00:25:33) - Other People’s Expectations
- (00:28:30) - Sunk Costs and RSUs
- (00:32:37) - Life After Work
- (00:37:54) - Quit the Wrong Job
- (00:39:38) - Camp Fi and Fear Talk
- (00:42:32) - Road Trip Reflections
- (00:43:58) - Bogleheads and New Ventures
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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.**