What is your F.I.R.E number? (Financial Independence Retire Early) - House of AC #17

When can you retire? It all hinges on calculating your F.I.R.E number! AC walks you through the math to determine if you can FIRE, Fat FIRE, Lean FIRE, and how House FIRE can help you reach HELL FIRE (Having Every Luxury in Life). It's a HOT topic!!



Chapters:
0:00 What is your F.I.R.E number? (Financial Independence Retire Early)
6:23 The first Step to Finding your F.I.R.E Number | Write Out All Your Expenses
15:11 How to find your F.I.R.E Number and Where F.I.R.E Numbers Came From
20:40 The Different types of F.I.R.E and their Meaning
28:03 Don’t Pay off Your Debts! Buying Real Estate to Pay Your Debts
36:04 Determining if Commercial Properties are Good Investments in Real-Time
47:06 My F.I.R.E Investing Summary to Afford All Luxuries

Thank you to our sponsor, Jasmine Mortgage Team!

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[rodrigobraz]

Thanks for the video, very interesting. The eternal question for me is whether it is better to invest in real state vs. investing in the stock market, especially taking into account that the stock market involves a lot less work (using index funds), which frees up time to do things that also earn money.

[FIRE-grcf]

Loved the video! Let's stay in touch together!