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Currently Playing: Mr. Money Mustache: FIRE Planning & Investing | MHFI 323 | Mile High FI Podcast

Doug and Pete Adeney (Mr. Money Mustache) answer questions from the listener mailbag.  They discuss costs of raising a large family on the path to FIRE, contrast the real-world math & culture of living in Canada vs the United States, map out high net worth investing strategies for seven-figure portfolios, and dive deep into the psychology of holding cash. Do you like the podcast and want to support the show? Follow the link to find out how: https://milehighfi.com/support/ Curious to know exactly what products Doug uses? Check out his Amazon lists below. *Affiliate links below, so if you buy something or spend money, we might earn a commission. That helps the show and doesn’t cost you anything extra. Thank you! - Guitar Accessories: https://amzn.to/3SU9Ap9 - Hiking & Outdoor: https://amzn.to/445QZeJ - Essentials for Sleep: https://amzn.to/3Tz9Vxy Want to order MHFI stickers/temporary tattoos or create your own custom stickers? Of course you do! We ALL do! Order them here using our affiliate link so that we might earn a commission https://www.stickermule.com/dougcunnington Links Pete Adeney/Mr. Money Mustache https://www.mrmoneymustache.com/ The FI Collective https://www.theficollective.com/ Brad Barrett/ChooseFI https://www.choosefi.com/ Mark Trautman/Mark’s Money Mind https://marksmoneymind.com/ Mr. Money Mustache, “My Unexpected Journey to Hormone Replacement (TRT)” https://www.mrmoneymustache.com/2025/12/15/my-unexpected-journey-to-hormone-replacement-trt/ MHFI Facebook group https://milehighfi.com/facebook Doug’s site https://dougcunnington.com/ Producer Chris's blog, Epic Financial Journey https://www.epicfinancialjourney.com/ --- Join the Mile High FI Club - It's our email list! http://milehighfi.club/ Support the Show (and get exclusive content!) https://milehighfi.com/donate 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. -- The Mile High FI Website https://milehighfi.com/ On Apple Podcasts https://milehighfi.com/apple On Spotify https://milehighfi.com/spotify E-mail doug@milehighfi.com 0:00 Introduction 2:37 Question - FIRE planning with kids 9:17 Front-loading savings & investing 13:05 Question - Thoughts on Canada 18:45 Question - Pre-tax vs. post-tax investing 25:54 Question - Cash bucket 29:58 Fear vs. logic 34:27 Question - Testosterone Replacement Therapy 37:33 Question - Heating a hot tub 44:05 Soundcheck - Summer trips


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