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 15 out of 100 top ETF Power Users by RIA channel (2023), was [...]

Alan Clopine

Alan Clopine is the Executive Chairman of Pure Financial Advisors, LLC (Pure). He has been an executive leader of the Company for over a decade, including CFO, CEO, and Chairman. Alan joined the firm in 2008, about one year after it was established. In his tenure at Pure, the firm has grown from approximately $50 [...]

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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