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How to calculate your FIRE numberyour FIRE number would be $1 million ($40,000 x 25). The rule of 25 is built on the assumption that you can safely withdraw 4 percent of your savings annually in retirement without depleting your ...
your FIRE number would be $1 million ($40,000 x 25). The rule of 25 is built on the assumption that you can safely withdraw 4% of your savings annually in retirement without depleting your nest ...
So if you think you'll need $50,000 per year in retirement, your FIRE number would be $1.25 million. However, it's important to note that the 4% rule was only intended to help your savings last 30 ...
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