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Advanced · Financial independence
FIRE Math
Exactly how much you need, and how to build the income that replaces your salary.
"I need a million" is not an answer — it is a figure with no calculation behind it. This course turns it into a plan with concrete numbers. You follow Diego, 43, with a portfolio already built, as he calculates his FIRE number, discovers why two versions of himself end up more than $345,000 apart purely because of the order their returns arrive in, and assembles an income plan from pieces that support one another. A light course, seven modules, built to finish in an afternoon. Intermediate level.
What you'll learn
- Calculate your FIRE number from your real annual spending
- See where the 4% rule comes from and what it assumes
- Recognize sequence risk and why the order matters so much
- Build a Permanent Portfolio that cushions that risk
- Generate income without selling: dividends, rent and premiums
- Back it with a cash cushion and the right insurance
Course content
- The FIRE number
- The 4% rule
- Sequence of returns risk
- The Permanent Portfolio
- Dividends and rental income
- Option premiums and the safety cushion
- Putting it together: every piece of Diego's income