Beginner's Guide to FIRE (Financial Independence, Retire Early)

Channel	Publish Date	Thumbnail & View Count	Download Video
	Publish Date not found	0 Views	View on YouTube Download Video

FIRE, or Financial Independence, Retire Early, is a movement that believes the best thing money can buy is financial freedom. In this video, we explain everything you need to understand FIRE, how it works, and how you can start your journey to financial independence.

0:00 What is the FIRE movement
1:29 Myths about FIRE
6:10 Origin of the FIRE movement
7:40 How to calculate financial independence
8:51 Does the 4% rule apply to FIRE?
12:05 p.m. FIRE focuses on spending, not income
14:23 Mathematics FIRE
5:04 p.m. Fire calculator
20:33 The power of small changes
8:35 p.m. Types of FIRE & FIRE resources

Resources mentioned in this video:
4% Rules Series: https://www.youtube.com/watch?v=ifTZLtJDoaU&list=PLAgmi7U5UiBWxPoGmBJuce92eOdMG3RFU
Origin of FIRE: https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/
FIRE Grid: https://fourpillarfreedom.com/the-financial-independence-grid/
FIRE Calculator: https://networthify.com/calculator/earlyretirement? Income=100000&initialBalance=0&expenses=79000&annualPct=5&withdrawalRate=4
FIRECalc: https://firecalc.com/
FIRE subreddit: https://www.reddit.com/r/Fire/
LeanFIRE: https://www.reddit.com/r/leanfire/
FatFIRE: https://www.reddit.com/r/fatFIRE/
CoastFIRE: https://www.reddit.com/r/coastFIRE/

TOOLS AND BOOKS I LOVE

My book (of course): https://amzn.to/3by10EE
Personal capital: https://go.robberger.com/empower/yt-

ON ME

While still working as a securities litigator, I began writing about personal finance and investing in 2007. In 2013, I launched the Doughroller Money podcast, which has been downloaded millions of times. times. Today, I'm an associate editor at Forbes Advisor, leading a growing team of writers and editors who produce content to help readers get the most for their money.

I am also the author of Retire Before Mom and Dad – The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

LET’S CONNECT

Youtube: https://www.youtube.com/channel/UC9C17-OMxa-7oRSaCtztObw?sub_confirmation=1

Facebook: https://www.facebook.com/financialfreedomguy/

Twitter: https://twitter.com/Robert_A_Berger

DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Every investment involves risks. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice if necessary. I'm just sharing my opinions.

AFFILIATE DISCLOSURE: Some of the links in this channel are affiliate links, meaning that, at no cost to you, I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) I would recommend to my own mother.