Bogleheads - Life After FIRE

11/15/21 • 44 min

1 Listener

Last year, I published an interview with one of my favorite financial writers, Morgan Housel.

You may remember that the interview was recorded as part of a Bogleheads meeting and the interview was actually conducted by my buddy, Gouri.

Well, Gouri recently invited me to join the Bogleheads to talk about life after FIRE and today’s podcast episode is a recording of that discussion!

Big thanks to Gouri and the Bogleheads for making this happen and hope you enjoy it!

Highlights

How your views on spending change after you retire
Why you should treat FI as a spectrum rather than a finish line
How to plan for all aspects of post-FI life
The unexpected benefits and challenges of early retirement

Last year, I published an interview with one of my favorite financial writers, Morgan Housel.

You may remember that the interview was recorded as part of a Bogleheads meeting and the interview was actually conducted by my buddy, Gouri.

Well, Gouri recently invited me to join the Bogleheads to talk about life after FIRE and today’s podcast episode is a recording of that discussion!

Big thanks to Gouri and the Bogleheads for making this happen and hope you enjoy it!

Highlights

How your views on spending change after you retire
Why you should treat FI as a spectrum rather than a finish line
How to plan for all aspects of post-FI life
The unexpected benefits and challenges of early retirement

Previous Episode

Fifth (and Final) Annual Update

If you’ve followed me for a while, you’ll know that I’ve released an annual update every year since I quit my job.

It’s now been five years since I stopped working so this is my fifth (and final) annual update.

Why is it my final one?

I explain in today’s short episode.

Highlights

How the pandemic highlighted the power of having savings
Why FI is the ultimate shock absorber and cheat code
The reasons this annual update will be my last
What to do when money is no longer a source of motivation
Why “Lean FIRE” may be a bad idea
Warren Buffet’s plan for leaving money to his kids (and why it may change your FI target)

Next Episode

The Escape Artist - FIRE in the UK

I have some big news...

I am now a British citizen!

In honor of finally getting my UK passport, and therefore completing this long journey to citizenship, I am releasing my UK FIRE episode.

Barney, from The Escape Artist, joined me in my Edinburgh apartment (before the pandemic) to discuss all things related to financial independence and early retirement in the UK.

Hope you enjoy it!

Highlights

The cultural differences between US/UK that affect pursuing FI
How to escape from the prison we create for ourselves
Translating US investing terminology to the UK (e.g. 401k→pension, IRA→ISA, etc.)
Is it easier to reach FI in the US or UK
Class structure in UK and how pursuing FI forces you to traverse all classes
Why FIRE isn’t bigger in the UK
Difference between the different types of ISAs
Is tax hacking possible in the UK
Real-estate investing in the United Kingdom and the fantastic Rent-a-Room scheme
How to use geographic arbitrage to reach FI sooner