ABOUT HOSTS

Joe Anderson
ABOUT Joseph

As CEO and President, Joe Anderson has created a unique, ambitious business model utilizing advanced service, training, sales, and marketing strategies to grow Pure Financial Advisors into the trustworthy, client-focused company it is today. Pure Financial, a Registered Investment Advisor (RIA), was ranked 153 out of 715 RIA’s nationwide by total assets under management by [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the CFO & Chairman of the Board of Pure Financial Advisors. He has been an executive leader of the Company for over a decade. As CFO he is responsible for the financial operations of the company as well as investor relations. Alan joined the firm in 2008, about one year after it [...]

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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