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What is the 4% rule?
If you’ve been reading about F.I.R.E. for a while, you’ve probably heard about the 4% rule. But what is it exactly? Simply put, it states: You can safely withdraw 4% of your portfolio every year for infinite years. It’s essential to have a retirement calculation that works for infinite years because otherwise, financial advice would be highly dependent on:…
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Best passive income Reddit communities
There are so many passive income Reddit communities. They really inspire me on my journey. I love writing about early retirement! One of the best ways to retire faster is to start generating passive income! Why passive income is important Passive income offsets the total amount of money you need to retire! If you can…
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Reddit retire early communities
This is my rundown of the best reddit retire early communities. I write a lot about FIRE (Financial Independence, Retire Early). It’s one of my favorite topics! If you’re just here for the list, I got you! Here they are: It was tough coming up with only ten, but here was my thinking! Group 1:…
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Coast FIRE vs LeanFIRE vs FIRE vs FatFIRE
LeanFIRE vs FatFIRE? Are you part of the F.I.R.E. movement? Are you hoping to lean FIRE? Normal FIRE? Fat FIRE? With so many options, it’s hard to know which one is right for you! Let’s take the four most common forms of F.I.R.E. and define them. Coast FIRE – You have enough saved for retirement…
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How much emergency money should I have?
Are you saving for retirement and wondering how much emergency money you should have saved up? Whether you are just starting your FIRE journey or well on your way, emergency funds can be a little tricky to understand. Putting all the money you have in a bank account instead of investing can be very difficult…
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I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.