AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
How to Achieve FIRE By Income (Are You on Track?)
Money Guy Show
How to Be a Firefighter
In order to be fired, you're going to have a 25 year window of investing before retirement. We assume that at the beginning of this window, your rate of return starts at 8% per year and it decreases each year until you get a terminal rate of 5 and a half percent at financial independence. And then based on the different savings rates, we want to see how much of your immediately pre retirement income you'll be able to replace.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode