your FIRE number would be $1 million ($40,000 x 25). The rule of 25 is built on the assumption that you can safely withdraw 4 percent of your savings annually in retirement without depleting your ...
Your FIRE number is the amount of money you'll need to cover all your expenses during your retirement. Most adherents calculate their number using the 4% rule. This says that you should save 25 ...
your FIRE number would be $1 million ($40,000 x 25). The rule of 25 is built on the assumption that you can safely withdraw 4% of your savings annually in retirement without depleting your nest ...
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