About this episode
It’s another Mail Bag episode! Doug and Carl answer questions about Umbrella insurance policies Does the 4% Rule still apply in light of recent market declines? Is it OK to own a Tesla? (and why is the FI community so judgmental?) Coast FI Reader case study: I’m a late comer to the FI movement Send questions and comments for future Mail Bag episodes to doug@milehighfi.com or carl@milehighfi.com . If you’re reading this, you must love the show. If you love the show, support us. Hey, we’d do it for you! https://www.buymeacoffee.com/milehighfi EconoMe: Doug and Carl are going to EconoMe again and are planning a meetup. Get your ticket here and enter MILEHIGHFI at checkout for a discount. See you in Cincinnati! Links Mile High FI interview: David Baughier Mile High FI interview: Jake Simon Big ERN’s Safe Withdrawal Rate Series Michael Kitces on the 4% Rule S&P 500 PE Ratio Death March to Financial Independence MMM HQ Coworking Doug’s site Carl’s blog: 1500 Days - Check out the Econome Conference - Save money using our coupon code MILEHIGHFI . Carl and Doug will be there, so come and hang out. Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shorts & 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: doug@milehighfi.com or carl@milehighfi.com 0:00 Intro 1:20 Dry January recap 7:28 How you can support us 10:29 We got some interesting feedback! 12:36 What is an umbrella policy? 16:55 Does the 4% rule still make sense today? 25:57 Investing in a Tesla car 37:56 Join us at Econome! 39:40 Coast FI (again) 47:27 Moving towards FI as a late bloomer