Oversaving Debate & Retiring to Something... Or Not - Kristen Knapp - Kristen Knapp | MHFI 311

Doug and Kristen Knapp (FI Friends Travel) dive into a listener-submitted topic from Dell regarding the potential benefits of oversaving.  Doug & Kristen discuss the pros & cons of oversaving, the necessity of having a plan for “retiring to something” after work, and explore the psychological shifts that occur when you no longer need a paycheck.  They also tackle common traps in the FI community such as “One More Year Syndrome”, golden handcuffs, and identity issues tied to a career.

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Links

• FI Friends Travel
• ChooseFI local groups
• EconoMe Conference
• CampFI
• Mark Trautman/Mark’s Money Mind
• Kevin Sebesta on MHFI episode 302
• Morgan Housel, “The Art of Spending Money”
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  • Paperback
  • Audiobook
• Bill Perkins, “Die With Zero”
  • Kindle
  • Hardcover
  • Paperback
  • Audiobook
• 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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