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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Thank you for being a part of the ChooseFI community! If you want to support us, here are some easy ways:
1) Leave an iTunes review: http://www.choosefi.com/itunes
2) Use our page to sign up for travel credit cards
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3) Most importantly, find your friends, coworkers, and family members who may be open to this message and tell them about the podcast! (Episode 21 is a great starting place)
As Jonathan would say, “The FIRE is spreading my friends!”
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