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The 4% “Rule” is Wrong for FIRE—Here’s a Better Alternative

BiggerPockets Money Podcast

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Navigating Risks in the FIRE Movement

This chapter explores the uncertainties surrounding the Financial Independence, Retire Early (FIRE) movement, focusing on the implications of long-term absence from the workforce and the evolving concept of financial independence. It highlights the necessity of contingency planning, including part-time work and side projects, to address potential risks like skill atrophy and ageism in hiring. Through personal experiences and community insights, the discussion emphasizes finding a balance between financial security and personal fulfillment in retirement.

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