ilmscore | Prediction Details
"you take your yearly expenses so if you're spending 4,000 a month which is 48,000 a year you take how much you spend per year and divide it by that 4% rule so 04 remember to move the decimal over two to the left and you get $1.2 million"
By Andrei Jikh | May 20, 2024 | Pending
From video
Track These 3 Numbers To Become A Multi Millionaire 00:12:29 - 00:12:47
Interpreted Prediction
To calculate the financial independence number (FI number), divide annual expenses by 0.04 (or multiply by 25). For $48,000 annual expenses, the FI number is $1.2 million.

Prediction Details

Topic
Financial Independence Number Calculation

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.