The FIRE (Financial Independence, Retire Early) movement has transformed how people think about work, money, and retirement. In this comprehensive episode, Mindy and Scott break down everything you need to know about achieving financial independence and potentially retiring decades earlier than traditional retirement age.
We explore the mathematics behind FIRE, different approaches to the movement, and practical strategies for dramatically increasing your savings rate. From understanding the 4% rule to optimizing your investment portfolio, this episode provides a complete roadmap for anyone interested in financial independence. Perfect for both beginners exploring the concept and those already on their FIRE journey looking to optimize their approach.
What We Discuss:
The 4% Rule Explained
How to calculate your FIRE number
Proven strategies to save 50%+ of your income
Best investment vehicles for FIRE (401k, IRA, taxable accounts)
Common FIRE mistakes to avoid
Updated strategies for 2025 market conditions
Withdrawal strategies
And SO much more!
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