How Coast FI is Redefining Early Retirement for Families - Suzy | MHFI 255
Mile High FI Podcast
Shownotes Transcript
Doug and guest host Kristen Knapp chat with Colorado native Suzy about her financial independence journey and world travel with her family, including extended periods of time living abroad. Suzy shares her journey toward Coast FI, early money mistakes, taking sabbaticals, and the importance of community. She elaborates on her family’s experience with worldschooling, the benefits of living in Spain (both cultural & financial), the intricacies of living abroad, and how her family managed healthcare.
This episode is brought to you by GhostBed). Doug has the GhostBed Luxe Mattress and loves it! Take the 3 minute sleep quiz to see which mattress is right for you. Save 50% site-wide on your new mattress, bed frame, pillow, and bedding over at GhostBed) (coupon code: MILEHIGHFI)
Save With Mint Mobile! (https://milehighfi.com/mint)) New customers can get 3 months of unlimited premium wireless for $15/mo. Doug’s phone bill went from $1440/yr to $360/yr for him and his wife. It’s super easy to switch and you can use your existing phone. If you use the MHFI link, it won’t cost you extra and it helps support the show.
Looking for help with your estate plan? Trust & Will provides online tools for creating, you guessed it… trusts and wills. For those who don’t have any estate planning documents in place, this could be a good option to get started. We’re affiliates so we can earn a commission if you sign up. Thanks for the support. https://milehighfi.com/trustandwill)
Need a fee only advisor? Nectarine is a network of financial advisors where you just pay for investing & planning advice. Advisors don’t manage your money, sell products, or earn commissions. We’re affiliates so we can earn a commission if you sign up. Thanks for the support. https://milehighfi.com/nectarine)
Help Doug pay for a future trip to Spain so he can visit both Kristen & Suzy by providing support at Buy Me A Coffee).
Links
Connect with Suzy
“Your Family Money” Instagram)
Email: [email protected])
Connect with Kristen
Email: [email protected])
Check out Producer Chris’s new blog: Epic Financial Journey)
—
Join the Mile High FI Club) – It’s the 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)
Email the show: [email protected]
0:00 Introduction
9:12 Suzy’s background & finding FI
15:02 Suzy’s husband’s financial journey
20:07 Money mistakes
25:08 First sabbatical & worldschooling
33:55 Living in Spain & embracing the culture
39:42 Cost of living in Spain
44:58 Navigating healthcare abroad
50:53 Kristen’s Spanish ambitions
55:20 Current work situation & desire to help others
1:03:56 Soundcheck – Colorado