Accidental FI at Age 45 & 48 – Darren & Jolene | MHFI 228

Doug chats with early retirees Jolene & Darren about their path to financial independence and early retirement.  The couple shares their experience from 20-year careers in agronomy, high savings rates, and the impact of discovering the FIRE movement in 2018.  They discuss life changes including downsizing possessions, international travel, utilizing the 72T rule to access retirement funds early, health insurance options, the benefits of South Dakota residency, and the importance of community. Be sure to check out the new GhostBed Massage Topper.  Save 50% site-wide on your new mattress, pillow, and bedding over at GhostBed (coupon code: MILEHIGHFI) Do you believe community is important as well?  If so, hang out with us in our Facebook group or over at Buy Me A Coffee. Links Dare to Draw Down CampFI ChooseFI podcast Doug’s other podcast, “The Doug Show” Smart Passive Income Podcast with Pat Flynn The Authority Hacker podcast Empower (formerly Personal Capital) NewRetirement Nectarine, Advice-Only Financial Advisors “Playing with Fire” movie Bill Yount/Catching Up To FI Go With Less Mark Trautman Retirement and IRA Show podcast MDsave Escapees RV Club EconoMe Conference Mile High FI Facebook Group Doug’s site Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **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: [email protected] or [email protected] 0:00 Introduction 3:39 Discovering Financial Independence 8:44 One of these FIRE people 13:06 Obtaining the confidence to retire 21:14 Tracking expenses & asset location 26:15 Using a 72T in retirement 38:32 Transitioning into retirement & retiring to something 43:09 Hiking in Europe 51:46 Memorable meals & sleep while traveling 57:54 Downsizing 1:06:39 Implementing the 4% rule & changing expenses 1:14:13 Health insurance & South Dakota residency 1:25:49 Soundcheck – CampFI