2245: [Part 1] How I Measure Progress Toward Financial Independence by Craig Stephens
Optimal Finance Daily - Financial Independence and Money Advice
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The Fye Number and Retirement Savings Goals
The Fye Number is based on a study done back in the 1990s called the Trinity Study regarding safe withdrawal rates from retirement savings. Early retirees aiming to retire under the age of 60 or much younger utilize the rule of thumb to declare financial independence. But if a 40-something retires using the 4% rule, 30 years of spending money may not be enough.
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