
How People Are Retiring in Their 30s: Financial Independence Retire Early (FIRE)
Friends That Invest
00:00
Do Three % Instead of Four %?
Four % comes from the assumption that the stock market returns, ideally seven % a year. The san p 500 over the last ninetys years, has returned about nine point eight %. 70% of your money increasing three % of inflation, which means its taking away three %. So basically breaking down how to achieve fire, it's really simple in the sense that there's not a lot of steps to it. Step one is really just cutting down your spending.
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