How much money do you REALLY need to Retire?
Автор: Zero1 by Zerodha
Загружено: 2024-10-25
Просмотров: 324914
Imagine your don't have to be the part of the 9-to-5 grind. No more endless leave requests, no more manager’s constant reminders, and no more targets to meet. Sounds peaceful, right?
Many people say that calculating your FIRE (Financial Independence, Retire Early) number can help make this a reality.
But there’s more to it than just numbers – there are some assumptions in the FIRE formula that often go unspoken, and they may not be as practical as they seem.
In this episode of de-influencing, we’ll take a mindful look at the FIRE number, find out the reality behind it, and explore whether this approach to retirement really makes sense.
FIRE Number Calculation:
https://docs.google.com/spreadsheets/...
*Please make sure you make a copy of the sheet for yourself!
0:00 - Let's begin
1:43 - Crossover point
2:43 - What is 4% rule?
4:10 - Inflation vs lifestyle inflation
5:40 - Longevity
6:18 - Unexpected events
7:45 - How can you calculate your FIRE number?
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