Your FIRE Number: The 25x Rule Explained 🔥 | Master Money Video

Your FIRE Number: The 25x Rule Explained 🔥
What's your FIRE number? Take your annual expenses and multiply by 25. Spend $50K yearly? Your FIRE number is $1.25M. This follows the 4% withdrawal rule - you can safely pull 4% annually without touching principal. The math is simple, execution isn't. Track every expense, slash the unnecessary ones, invest aggressively in index funds. Most people never calculate this number, which is why they work until 65.