AI Snips
Chapters
Transcript
Episode notes
Prepare for FIRE
- Don't skip "leg day","/build a strong financial foundation before considering FIRE.
- Commit to the disciplined life of saving and investing.
Plan and Stress Test
- Plan, stress test, and run through different retirement scenarios.
- Consider variables like expenses, retirement length, and location.
Sequence of Returns Risk
- Sequence of return risk significantly impacts retirement outcomes.
- Negative returns early in retirement can severely hinder long-term portfolio growth.