Doug chats with Pete Adeney (Mr. Money Mustache) about various fears that some people have about early retirement. They explore why some people may be reluctant to retire, despite being financially ready, and specifically how fear of boredom can hold people back. They discuss “One More Year Syndrome” and the irrational fear of running out of money despite what the math says.

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Links

Pete Adeney/Mr. Money Mustache
Pete on MHFI episode 308
Morgan Housel, “Is the F.I.R.E. Movement Dead?”
The Donegans
The FI Collective
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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0:00 Introduction

1:51 One More Year Syndrome

5:50 Scared of boredom

10:18 Building social skills

17:22 Boring people are bored

22:03 FI Collective

25:51 Soundcheck – New house