Your financial independence number: how much money will you need?
How much do you need to be financially independent? The answer is your financial independence number. In this video, you will learn how to calculate your FI number with the 4 percent rule.
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⌚ Sections in this video (Your financial independence number: how much money will you need?):
0:00 | Start
0:19 | Financial independence number or “FI number”
1:07 | How to calculate your FI number
2:14 | Examples with the 4 percent rule
3:40 | Use your future expenses
4:09 | Example FI number with low and high expenses
4:52 | Limitations of using FI number
6:30 | The benefits of the financial independence journey
7:22 | How long to become financially independent?
🎞️ Related playlists:
Financial independence fundamentals: • Financial independence fundamentals
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⚙️ Equipment used to make this video:
Video and still camera: Canon EOS M50 Mirrorless Camera with 15-45mm Kit Lens
Microphone: BOYA BY-M1 Omni Directional Lavalier Microphone
Video editor: VSDC Free Video Editor
⚖️ Nothing in this video is intended as personalized financial, investment, tax or legal advice. Always consult your own professional advisor before making any decisions. For full disclaimer, please see https://moneywithmarkus.com/disclaimer.