ABOUT HOSTS

Joe Anderson
ABOUT Joseph

As President of Pure Financial Advisors, Joe Anderson has led the company to achieve over $2 billion in assets under management and has grown their client base to over 2,160 in just ten years of the firm opening. When Joe began working with Pure Financial in 2008, they had almost no clients, negative revenue and no [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the CEO & CFO of Pure Financial Advisors. As CEO he currently leads Pure Financial Advisors along with our executive team. As CFO he is responsible for the financial operations of the company. Alan joined the firm about one year after it was established. At that time the company had less than [...]

You need to understand how to calculate the number of years it will take to reach financial independence. In traditional retirement planning, you tend to focus on a certain age to retire. With the FIRE Movement, you focus on how quickly you can become financially independent. Calculation Example:

Years to Financial Independence (FI)

Annual Expenses $40,000

Annual Take-Home Pay $90,000

Annual Savings (56%) $50,000

Years to FI (Early Retirement Grid) 14.2

Source: FourPillarFreedom.com – Assumptions: 5% annual return with a 4% withdrawal rate

Watch the full episode, FIRE: Financial Independence or Fad?

8 Timeless Principles of Investing

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