Optimizing the Last Year of Work Before Retirement - Rusty (Part 1) | MHFI 316

Doug chats with Rusty about how to optimize the final year before (early) retirement, emphasizing the critical distinction between “one more year syndrome” vs. a calculated final year and how working a little longer can lower withdrawal rates & reduce sequence-of-returns worry.  They compare quitting to being fired or laid off and highlight some potential benefits such as severance, possible unemployment, and employer healthcare continuation.  Rusty also shares some personal negotiation tactics when leaving a job.

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• Guitar Accessories
• Hiking & Outdoor
• Essentials for Sleep

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Links

• Email Rusty: [email protected]
• EconoMe Conference
• Sarah Jaffe, “Work Won’t Love You Back”
  • Kindle
  • Hardcover
  • Paperback
  • Audiobook
• “Harlan County, U.S.A.” Movie
• Rusty on MHFI episode 304
• MHFI Facebook group
• Doug’s site
• Check out Producer Chris’s blog: Epic Financial Journey

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**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.**

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Email the show: [email protected]

0:00 Introduction

2:37 Working one more year

9:19 Stock market risk & flexibility

15:13 Quiet Quitting playbook

23:28 Quitting vs. getting fired or laid off

30:41 Real-world cautionary tales

35:38 Tips for quitting & identity issues

43:02 New baby update!

51:51 Tales of a jacked math major

59:52 Soundcheck – Food