What is your fire number and how did you arrive at it? : r/Fire

What Is Your FIRE Number? : R/Fire - Reddit

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So, our FIRE number is $1.25m in the market. No kids here and in a relatively low cost of living area. We’re past our FI number now, working on building up $200k in savings apart from what …

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How Do You Know When You Have Reached FIRE Number?

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Mar 22, 2018  · Look at what happens to withdrawal rates after the market drops 10, 20 or 30%. It is re-assuring that hitting a number at a top is not the worst thing that can happen. But to get a …

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How To Calculate Your FIRE Number In 3 Easy Steps - The Money …

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First, add up all of your annual living expenses. Second, choose a withdrawal rate between 3% and 4%. Third, divide your expenses by your withdrawal rate to find your FIRE number. …

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Fat FIRE: Living Large In Retirement - How To FIRE

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Feb 15, 2023  · In general, Fat FIRE is defined as having enough money to spend at least $100,000 a year in retirement comfortably. Using the standard 4% rule, this level of annual …

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General Poll, What's Your FIRE Number : R/Fire - Reddit

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Vanguard tells me I've made 5.6% since starting to invest. But in the long term, I guess about 6-7%. 3.141579. My FIRE number is $2 million in my IRA and I am half way there; my wife will …

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How To Calculate Your FIRE Number To Retire Early - Lifehacker

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Dec 21, 2022  · Here’s the equation to calculate your FIRE number: Annual Expenses x 25 = FIRE Number. In other words, simply multiply your annual expenses by 25; some call this the 4% …

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FIRE Movement: What It Is, How It Works - NerdWallet

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Oct 1, 2024  · You then multiply that annual expense by 25 to get your FIRE number or the amount you’ll need to retire. So, for example, if your monthly expenses are $6,000, you …

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Grant Sabatier: How To Calculate Your FIRE Number - CNBC

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Oct 20, 2022  · When calculating your FIRE number, remember that the multiple of 25 is really just an easier way of dividing by a 4% withdrawal rate. Returning to to Sabatier’s earlier example, if …

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What Is Your FIRE Number? - Medium

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May 10, 2023  · To calculate your lean FIRE number, you first need to estimate your annual expenses in retirement. Let’s say your annual expenses are Rs. 1,800,000 ($5,650). Next, you …

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