Archive
Category: Financial Independence
The arithmetic of walking away.
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Sequence of Returns Risk, Explained in 600 Words
The risk that ends FIRE plans is not the average return — it is the order the returns arrive in. A short, sharp explainer.
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The Real FIRE Number: How Much You Actually Need to Retire Early
The familiar “annual spending × 25” formula was designed for a 65-year-old in 1994 — not for you. Here is how to calculate the FIRE number that is actually yours.
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The Math of Walking Away
A 1994 paper about American retirees taught everyone to multiply their spending by 25. Here is why that math may not be yours.