Issues With "Die With Zero" & Small-Cap Value - Karsten Jeske (Big ERN) | MHFI 280
Episode Description
Doug chats with Karsten Jeske (aka Big ERN) about his journey to early retirement, living frugally yet enjoying luxuries like travel, and the balance between saving & spending effectively. Karsten provides his thoughts on the book “Die With Zero”, analyzing its advice on spending & saving in retirement, and highlighting potential issues within its financial recommendations. He also addresses the controversial topic of investing in small-cap value stocks and analyzes historical performance. And of course, Doug & Karsten chat about a delicacy called asparagus.
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Links
- Connect with Karsten:
- Early Retirement Now, “How useful is the “Die With Zero” retirement approach? – SWR Series Part 60”
- Early Retirement Now, “Can we increase the Safe Withdrawal Rate with Small-Cap Value Stocks? – SWR Series Part 62”
- Early Retirement Now, “Small-Cap Value Stocks: Diversification or Di-WORSE-fication?
- Bill Perkins, “Die With Zero”
- Paul Merriman
- MHFI Facebook group
- Doug’s site
- Check out Producer Chris’s new blog: Epic Financial Journey
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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 the show: doug@milehighfi.com
0:00 Introduction
10:34 Underspending & estate planning
16:35 Early retirement & time bucketing
22:30 Analysis of Die With Zero spending formula
30:52 Cherry-picking data
37:46 (Increased) spending in retirement
46:02 Exploring small-cap value stocks
53:04 Diversification or Di-WORSE-fication?
1:02:22 Future plans
1:07:28 Soundcheck – Parallel foods