In this episode: spending down to zero, the ratcheting rule, the guardrails approach, high fee 401k's, and mini-retirements.

This week we are diving back into the listener mailbag with Rachael Camp to address the pressing questions our community has! Whether it's curiosity towards the concept of dying with zero, determining whether it is a good time to take a mini-retirement, or working with high-fee 401k's, Brad and Rachael tackle it all! Listen along as YOU the community dictate the conversation with your hot button FI questions!

Rachael Camp:

Website: www.rachaelcampwealth.com
Twitter: @camp_wealth

Timestamps:

0:55 – Introduction
1:38 – Spending Down to Zero
10:15 – The Ratcheting Rule and The Guard Rails Approach
20:38 – Flexible Spending Strategy
27:01 – Does Everything Need to be Optimized?
31:15 – High Fee 401k’s
41:48 – Mini Retirement Considerations
49:54 – Roth IRA Contributions and Faze Out Limits
55:57 – Conclusion

Resources Mentioned In Today’s Episode:

“Die With Zero: Getting All You Can from Your Money and Your Life” by Bill Perkins
“Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts” by Annie Duke
The Ratcheting Safe Withdrawal Rate – A More Dominant Version Of The 4% Rule?
The guardrails approach is a flexible retirement withdrawal strategy: Here’s how it works
Early Retirement Now
The Problem with the 4% Rule (and Why You Could Retire Even Sooner)
The Roth IRA Conversion Ladder | A Case Study | ChooseFI Ep 17R
Roth IRA Conversion Ladder Case Study | ChooseFI Ep 163R
Retire Often
Mini-Retirements to Accelerate Your Path to FI | Jillian Johnsrud | ChooseFI Ep 451
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Emergency Binder: For Your Family’s Essential Info (code ‘CHOOSEFI’ for 20% off)
Student Loan Planner: Custom Consult (with $100 Discount)
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485 | Mailbag: Spending Down to Zero, High Fee 401k, Mini Retirements | Rachael Camp

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