Episode description
Episode description
Our guest this week is Tanja Hester, whom The New York Times referred to as the matriarch of the FIRE movement. For the uninitiated, FIRE stands for financial independence/retire early. Tanja is the author of the Our Next Life blog, and she is also author of the book Work Optional: Retire Early the Non-Penny-Pinching Way. Tanja and her husband Mark retired in 2017 at the ages of 38 and 41. Her blog is devoted to chronicling their journey and sharing guidance for others who might be considering an early retirement.
Background
Tanja Hester’s blog “Our Next Life”
Tanja Hester’s bio and backstory
Tanja Hester’s twitter handle @ournextlife
Tanja Hester’s author/speaker page
Tanja Hester’s book, “Work Optional: Retire Early the Non-Penny-Pinching Way”
Early Retirement/Sequence-of-Return Risk
Tanja Hester’s writings on sequence-of-return risk
Karsten Jaske’s “Early Retirement Now” blog
Tanja Hester’s multi-phase retirement financial plan
Savings and Withdrawal Rates
Tanja Hester’s writings on savings rates
Tanja Hester’s writings on mortgage pay-off
Tanja Hester’s writings on 4% safe-withdrawal rule
“The 4% Rule is Not Your Friend” by Tanja Hester; Our Next Life blog; June 10, 2019
Karsten Jaske’s “Safe Withdrawal Rate” series
Healthcare Planning
Tanja Hester’s writings on health insurance
Home Ownership and Rental Properties
Tanja Hester’s tweet on peace of mind from owning a home mortgage-free
Motivation for Retiring Early
“Why the Urgency?” by Tanja Hestery; Our Next Life Blog; April 8, 2015
“My Other Motivation for Retiring Early” by Tanja Hester; Our Next Life blog; July 23, 2018
Budgeting and Travel-Planning
Tanja Hester’s writings on budgeting
Tanja Hester’s writings on travel planning
Lessons Learned
Social Security, Medicare, and Later-Life Needs
Tanja Hester’s writings on medicare
“Don’t Forget About Your Later Years” by Tanja Hester; Our Next Life blog; Aug. 16, 2017