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15: The Pillars of FI, Pt. 2: Designing the Life You Want with Brad Barrett and Jonathan Mendonsa from Choose FI

BiggerPockets Money Podcast

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The 4% Rule of Thumb

The 4% rule is roughly where people start as far as like, what's your number? It drives off of and what people in the fi community think is, it drives off of your expenses. So to me, savings rate and expenses kind of go hand in hand. If you can increase your savings rate, cut your expenses, now also theoretically increase your income, right? That adds to your savings rate as well.

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