How to Achieve FIRE By Income (Are You on Track?)
Money Guy Show
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How to Replace 60% of Your Pre-Retirement Income
If you're saving 25%, you only go be able to replace 25% of your pre-retirement income. Saving 40% gets you to 40%. And we like 60% because it's a loose rule of thumb. When you think about being debt free and you don't have to save anymore, it seems realistic to us that if you can replace 60% of yourpre-retired income,. You can probably maintain the same standard of living that you had pre-ret retirement.
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