How Much Do You Need for Early Retirement? (How to Calculate Your FI Number)
Podcast Description
What’s your financial independence number (FI/FIRE number)? Are you being too conservative, or are you cutting things close? Do you even have one? Today, we’re taking a deep dive into this hotly debated topic to help you build a nest egg that will support your ea ... Show More
Aug 21
The Bear Case vs The Bull Case for Megacap Tech
In this episode of The BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench are joined by special guest Carl Jensen to explore the bull and bear cases for megacap stocks, the future of AI, and what rapid technological advancement could mean for investors and the broad ... Show More
41m 48s
Aug 18
What to Know Before Hiring a Financial Advisor
How do you choose the right financial advisor? Mindy Jensen and Scott Trench explain what to look for when hiring a financial planner, including AUM vs. flat-fee vs. hourly compensation, CFP credentials, fiduciary status, advisor qualifications, questions to ask, and how to prepa ... Show More
48m 13s
Aug 14
How Scott & Virginia Trench Think About Goals, Spending and Investing
How do Scott and Virginia Trench actually run their household, set big financial goals, and build toward financial independence together? In this episode, Scott and Virginia pull back the curtain on the systems and conversations that keep their family, finances, and future moving ... Show More
1h 2m
Jun 2023
How to Achieve FIRE By Income (Are You on Track?)
Do you want to retire early? If so, do you know what it is going to take to get there? To know if FIRE is right for you, you need to be aware of common blind spots, pitfalls, and know how far your savings rate will get you at different levels of income.
Jump start your journey w ... Show More
45m 11s
Apr 2023
How much do I need to retire early?
Are you dreaming of retiring early, but wondering how much money you need to make it a reality? Retiring early can mean different things to different people - for some, it may mean no work at all, while for others, it may mean part-time work or doing what they love. Bryce and Ren ... Show More
18m 4s
Sep 2023
23. What is FIRE (Financial Independence, Retire Early), & how do I calculate it?
<p>“Financial Independence, Retire Early”. It’s one of those terms that sounds too good to be true, like “guaranteed return on investment” or “zero calorie donuts”. Add the fact that it forms a soundbite-worthy acronym – “FIRE” – and you’d be forgiven for smelling a Ponzi scheme. ... Show More
19m 45s
Sep 2025
How Much Money to Save at Every Age
This week, Sim breaks down exactly how much you should have saved at each decade to hit a comfortable retirement, from 1 to 2 months of expenses in your 20s to 1x your salary in your 30s, 3x in your 40s, 6x in your 50s, and 8x in your 60s on the way to 10x by age 67. She explains ... Show More
23m 44s