About this episode
Doug and Carl answer a potpourri of audience questions at CampFI Rocky Mountain with help from meteorologist Kristen Knapp and frequent guest co-host/friend of the show Dusti Young. What is the biggest lifestyle or other changes that happen between $2.5 million, $5 million, $10 million invested, if any, assuming that you’re relatively frugal but love to travel? How do you move from a low-cost of living area to a high-cost of living area while pursuing FI? Are you more afraid of dying young or running out of money? Could you expound on the state of meteorology and more specifically why weather forecasts are wrong 97% of the time? What would you change about your finances right now? Is CampFI a cult? What are the most efficient tools to plan your FI path and to keep track of the development? What is your advice to fast-track pursuit of FI if real estate is not an option and index accumulation takes too long? If you were to start a podcast today, where would you start? What advice do you have to go from planning to taking action? How do you know you have enough money? Carl, do you feel you’ve changed after Ramit Sethi’s interview? If you could experience being any other person for 24 hours, who would you pick and why? How has your outlook on life changed in the past two years? Please address the meaning of life and whether humans have free will over the smell of their pee after eating asparagus? What is something you value but struggle or have hesitations spending on? What do you and your partner argue about? What kind of year has this been for you and what are you the proudest of? Do you have a question that you want answered? If so, you can email us or head over to Buy Me A Coffee where you can also support the show. Carl will be attending CampFI Southwest in Julian, CA on October 6-9, 2023. For those interested in attending, use the coupon code JENSEN at checkout to save 10%. https://campfi.org/event/campfi-southwest-2023/ Links CampFI Jordan Grumet, Taking Stock Econome Wait But Why, The Tail End ChooseFI Tim Ferriss, Mr. Money Mustache episode Mark’s Money Mind New Retirement Empower (formerly Personal Capital) Chris Hutchins Carl & Mindy on Ramit Sethi’s podcast Carl & Mindy behind the scenes on MHFI FinTalks Connect with Kristen Connect with Dusti: Instagram Facebook 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-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 Introduction 2:54 Lifestyle changes 8:16 Dying young vs. running out of money 16:56 Finance changes 22:18 Cult of FI 27:29 Fast-tracking FI 38:53 Enough money 46:38 Outlook on life 57:29 Proud moments