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336: Finance Friday: Six-Figure Passive Income in Just 4 Years!

BiggerPockets Money Podcast

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You Could Spend 400 Thousand Dollars a Year, Right?

Scott: There's nothing wrong with the ten million dollar net workn but i wold encourage you to understand why that's the number. A, just picked at number out of the air, ok. So that means you could spend 400 thousand dollars a year, correct? You're spending 24000 dollars a year. And then, well, and the 400 thousand is that i'm doing the four % rule math, scott a,. That is where my flaw is in my thinking, because i'm thinking of the four% rule.

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