963: [Part 2] How to Retire Forever on a Fixed Chunk of Money by Mr. Money Mustache on Index Fund Investing

Optimal Finance Daily - Financial Independence and Money Advice

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Self-improvement, Education, Business, Investing

4.5 • 1.3K Ratings

🗓️ 29 October 2019

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mr. Money Mustache shares how to retire forever on a fixed chunk of money. This is part 2 of 2. Episode 963: [Part 2] How to Retire Forever on a Fixed Chunk of Money by Mr. Money Mustache on Index Fund Investing Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two. The original post is located here: http://www.mrmoneymustache.com/2018/11/29/how-to-retire-forever-on-a-fixed-chunk-of-money/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:30.0	This episode is brought to you by Cracken.
0:33.0	Crippo is like the financial system, but different.
0:36.0	He doesn't care where you come from, what you look like, your credit score,
0:41.0	or your outrageous food delivery habits.
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0:48.0	Visit crackin.com slash see what crypto can be.
0:52.0	To learn more, don't invest in as you're prepared to lose all the money you invest.
0:55.6	This is a high-risk investment and you should not expect to be protected if something goes wrong.
1:00.4	This is optimal finance daily episode63, How to Retire Forever on a Fixed Junk of Money,
1:07.0	Part 2, by Mr Money Mustache of Mr Money Mustache.com.
1:11.6	And I'm Dan, I'm your host and welcome to optimal finance daily where I read to you from some of the best personal finance blogs on the planet.
1:18.0	Now today's episode is a continuation post from yesterday from Mr. Money Mustache.
1:23.0	Let's get right to part two of our post as we continue optimizing your life.
1:27.0	How to Retire Forever on a fixed chunk of money, part 2, by Mr Money Mustache of Mr Money Mustache.com.
1:39.0	But won't I run out of money if I do this?
1:43.0	That's the magic of early retirement math.
	...

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