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Currently Playing: Issues w/ Die With Zero & Small-Cap Value - Big ERN, Karsten Jeske | MHFI 280 | Mile High FI Podcast

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. 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 Connect with Karsten - Early Retirement Now blog: https://earlyretirementnow.com/ - Twitter/X: https://twitter.com/ErnRetireNow - Facebook: https://www.facebook.com/ern.mccracken.338 Early Retirement Now, “How useful is the “Die With Zero” retirement approach? – SWR Series Part 60” https://earlyretirementnow.com/2023/10/06/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” https://earlyretirementnow.com/2025/06/02/small-cap-value-swr-series-part-62/ Early Retirement Now, “Small-Cap Value Stocks: Diversification or Di-WORSE-fication?” https://earlyretirementnow.com/2024/12/02/small-cap-value-stocks-diversification-or-diworsefication/ Bill Perkins, “Die With Zero” - Kindle: https://www.amazon.com/dp/B07T5LSF1J/?tag=mhfi-20 - Hardcover: https://www.amazon.com/dp/0358099765/?tag=mhfi-20 - Paperback: https://www.amazon.com/dp/0358567092/?tag=mhfi-20 - Audiobook: https://www.amazon.com/dp/B089MFKS77/?tag=mhfi-20 Paul Merriman https://www.paulmerriman.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 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


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