Doug and Carl discuss the challenges of retiring during a market downturn. They delve into the significance of Sequence of Returns Risk & inflation then propose strategies for financial management during recessions, such as cutting expenses, maintaining cash reserves, adjusting withdrawals, part-time work, and re-evaluating investments.

Note: This is a rebroadcast of MHFI episode 133

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**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.**

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Email us here: doug@milehighfi.com or carl@milehighfi.com

0:00 Introduction

4:11 Introduction 2

9:29 Taylor Swift

14:28 Retiring during a recession

18:37 Sequence of returns risk & inflation

23:11 Mitigating Sequence of Returns Risk & inflation

28:51 Other strategies for a downturn

34:28 First decade matters the most

38:43 Blooper- Failed quote

FIRE in a Recession or When the Market Takes a DIVE [rebroadcast] | MHFI 225 39:55 Share

Mile High FI Podcast

Shownotes Transcript

FIRE in a Recession or When the Market Takes a DIVE [rebroadcast] | MHFI 225