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Currently Playing: Drawdown Strategies & Spending in Early Retirement - Fritz Gilbert | MHFI 315 | Mile High FI Podcast

Doug and co-host Kristen Knapp chat with Fritz Gilbert (The Retirement Manifesto) at the EconoMe Conference about various drawdown strategies and spending in early retirement.  Fritz describes how he personally implements a "bucket strategy" approach to withdrawing money by setting up a monthly “paycheck”, how decumulation differs from accumulation, and explains sequence-of-returns, inflation, & longevity risks.  The group also discusses annual financial reviews, dynamic spending guardrails, viability of DIY investors, and intentional living. 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 The Retirement Manifesto - Blog: https://www.theretirementmanifesto.com/ - “Our Retirement Investment Drawdown Strategy”: https://www.theretirementmanifesto.com/our-retirement-investment-drawdown-strategy/ - “Revisiting Our Drawdown Strategy After 3 Years of Retirement”: https://www.theretirementmanifesto.com/revisiting-our-drawdown-strategy-after-3-years-of-retirement/ - “Do You Really Need a Trust? And Other Estate Planning Questions Retirees Ask Most”: https://www.theretirementmanifesto.com/do-you-really-need-a-trust-and-other-estate-planning-questions-retirees-ask-most/ - “How To Build A Bond Ladder”: https://www.theretirementmanifesto.com/how-to-build-a-bond-ladder/ Freedom for Fido - Website: https://freedomforfido.com/ - Facebook: https://www.facebook.com/freedomforfido Fritz Gilbert “Keys to a Successful Retirement” - Kindle: https://www.amazon.com/dp/B0D5FB9CP2/?tag=mhfi-20 - Paperback: https://www.amazon.com/dp/164611339X/?tag=mhfi-20 - Spiral-bound: https://www.amazon.com/dp/B08Y97LVPJ/?tag=mhfi-20 FI Friends Travel https://fifriendstravel.com/ Big ERN/Early Retirement Now https://earlyretirementnow.com/ 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 5:15 Why drawdown needs a plan 8:43 The Bucket Strategy 14:52 Balancing risks & retirement readiness 20:11 The 4% Rule vs. buckets 25:43 Creating a retirement paycheck 31:04 Dynamic spending & guardrails 36:17 Potentially increased spending 41:38 DIY vs. working with an advisor 48:27 Bond ladders 53:11 Tax location matters


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