In this article, we break down how to calculate your FIRE number, along with other considerations, including consulting with a financial advisor, how to estimate your annual expenses in retirement ...
The first step in achieving FIRE is determining your FIRE number, or the amount of money you need to have saved to support your desired lifestyle without relying on traditional employment.
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 ...
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