Sam, Johnny & Derek all got together for this episode - the first will all of us in almost 3 years! Our ILAB Patreons were able to receive this episode one week early plus got video and bonus content - become a Patreon HERE) & instantly access that! The topic of retirement, FIRE, 4% rule and the like have come up a lot lately. So we break down 4 different retirement theories for drawing down your funds and each shares what their ideal retirement number is if we had to completely quit working. **Discussed: **
Follow Along With This Episode With the ILAB What's Your Number Reference Guide)
ILAB 287: Jared Dillian on How to Live a Stress Free Financial Life)
Where we are:
Johnny FD – Jomtien, Thailand / IG @johnnyfdj)
Sam Marks - Bangkok, Thailand / IG @sammarks12)
Derek – Los Angeles, US / IG @DerekRadio)
Sponsor:
Time Stamp:
00:20 - Sam/Johnny/Derek Intro
03:15 - Dave Ramsey 4% Rant
12:41 - $500K-$20M Retirement Income Breakdowns
32:00 - Jared Dillian's Rant on Consumption Being Good
50:09 - Why Millions May Not Go As Far As You Think
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