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The Personal Finance Podcast cover image

How to Use Money as a Tool to Achieve Financial Independence With Diania Merriam (PFP VAULT)

The Personal Finance Podcast

NOTE

The 4% Rule and Financial Independence

The 4% rule, based on the Trinity study, helps determine how much money is needed to retire. You need 25 times your yearly expenses in your investment portfolio, excluding your house, to achieve financial independence. Many people store their wealth in their homes, making it inaccessible. With 25 times your yearly expenses, you can draw down 4% annually to fund your lifestyle.

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