In his own words: “I’ve noticed a hesitancy among people aiming to reach financial independence and retire early (FIRE) at a young age (like 30s-50s) to use retirement accounts. So some people aiming at FIRE actually purposely try to build a big taxable account at the expense of maxing out available retirement accounts. I think that is probably an error for most of them.”
The idea that you need a taxable account large enough to help you bridge the gap from your early retirement until the age of 59.5, when you can tap into your tax advantaged accounts penalty free, makes a lot of sense. But you shouldn’t sacrifice maxing out your retirement accounts to do so. The White Coat Investor gives you six reasons why in this post.