066 | The Emergency Fund…Is it a Bad Idea? | Big ERN The Reveal

Big Ern reveals his identity, explains the different anxieties of retiring early and the opportunity costs of having an emergency fund.

What you’ll hear in today’s show:

• Big Ern’s background story
• Why he’s revealing his identity
• Why he decided to be anonymous in the first place
• How much his blog has to do with his job
• The different anxieties he’s been through
• The risk of retiring at the peak of the market
• The idea of replacing fear with flexibility
• The different retirement cohorts
• Opportunity costs and emergency funds
• Whether a home is a bad investment
• How life is about nuance

Links from the show:

• Big Ern’s blog: Early Retirement Now
• Meet the ERN’s
• Episode 35: Sequence of return risk
• Our emergency fund is exactly $0 by Big Ern
• Episode 47: The cult of home ownership & crushing geoarbitrage
• Why your house is a terrible investment by JL Collins
• Millennial Revolution
• Coach Carson

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• Emergency Fund And Financial Resilience