Quit Your Job Sooner! Here's How to Invest to Retire Early: Understanding the 4% Rule for F.I.R.E.

Books that have helped us on our Financial Independence Journey
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[OurRichJourney]

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[BrianJenkins]

Putting $$ in work 401k, putting $$ in Roth every week.
No debt other than everyday bills ( electric, cell, etc). 52 with small pension from old job and looking to the future of my time...

[wfpk]

Thank you for sharing your journey. I went from feeling helpless to feeling more in control of my financial future.

[_badd_b]

I've been watching and watching and watching-- time to take

[CaseyPhilson]

How do you know which funds to sell when you're taking your 4% in retirement?

[heartfullydone]

A time travel video - look at you both back before Covid! It's very practical that you shared this video topic again, because that's actually the video I always have to search for to share with friends and explain it to them. Now I can find it so much quicker. 😉

[HN-oqgf]

you two are the best!!! one of the first channels I found on fire that actually makes sense.

[Pedruchoc]

These people are legitimate. They are not con artists. I am a professional investor and know the difference.

[wildfoodietours]

Pay yourself first and try to at least max out all retirement accounts, then dump the rest into a brokerage and buy index funds.

[dianeking]

Can I just say thank you for all you’ve done for us just listening to you both he’s always motivating and captivating. I know this is as a result of your seamless hard work behind the scenes but I believe having listened to you for four years. I need to take the time to say thank you. Keep going and also well done with your girls it’s all inspirational motivational and captivating.🎉🎉❤

[Luxlookgood]

I know you guys are not close to receiving ssa however please please research and answer your opinion and I know it is only your opinion which I cherish about taking social security at 62 or 67? I would greatly appreciate and I know everyone’s situation is different!!!!

[thealth]

Is it 4% a year? Or 4% a month? And is it 4% of the whole portfolio or only pull from its growth?

[olababs]

This is how I calculate my fire number after retirement. Monthly cost(after retirement) ÷ 0.04% x the number of years you think u will live for after retirement(20yrs, 25yrs, 30yrs, 35yrs, etc).

[thesuperhopefulband]

The only thing I’m not getting from what you’re saying is you are not defining “success.” What do you mean by success - That your portfolio still has some money left in it after 30 years? Like a dollar :) or are you saying success means that after 30 years, your portfolio is still at the same value or higher? That has a big impact for those of us with kids who want to be able to pass money onto their family.

[paulputin]

Thank you for the video. I didn't quite understand one think. You explain numbers as if taxes do not exist.
How taxex should be considered in all these withdrowal rate calculations?

[tiffanywilliams]

I just started back working for the government. i dont know how long ill be there

[ilyaw.]

You guys planning on any more traveling and documenting it for us to live vicariously? 😊

[vincewoo]

Is this a remaster of old video? It seems I have watched it a while back 😊

[castrostraveling]

Thanks for all of your advice! We are on our way there. One question that I have for you all is regarding 401K and Roth401K. I have access to both and we already maxed out our Roth IRAs. So I was thinking that I could put more money into the 401K and then we leave our jobs roll that over into our IRAs, then do a conversation to a Roth IRA. We expect our income to be a lot lower than what we make now once we move outside the US, so this way we maximize the tax benefit now and then pay taxes at a lower tax bracket when doing the conversation. Does that make sense or should we put as much as we can in the Roth401K and pay taxes now?

[cann]

UR Training Courses are awesome. Thanks guys. 💝💝💝💝