How Much Money Do You Need to Be Financially Free?

[@thatsteveguy8220]

Wow your stuff really resonates with me ! Thank you and I hope you continue these vids. I feel the same about so many of the things you speak about, and you are the best at articulating these concepts. So glad I found you! This is a tremendous boost into our transformation as buy borrow die people for the next 40 years. Thank you thank you thank you (Gomer Pyle voice)

[@StreetsAhead120]

Very good video Sharon. I like your formula a lot. It's simple to keep in mind.

[@NwokediIdika]

Could you do a video on why the 4% rule (of thumb) is outdated? A useful thing about it is that it's been studied and backtested widely. If a person were relying on a stock/bond mix like in those studies, a 7+% withdrawal rate would likely end with the retiree running out of money before 30 years elapsed.

[@gregdaugherty6065]

M2 money growth is a useful and conservative metric for the loss of USD spending power.

[@gustavodiaz4689]

Where do you people live that you need 350k a year to live! We make about 200k per year and is more than enough to live off. That includes house payment, multiple trips and vacations

[@ericmed]

Being a bit minimal is such an advantage

[@__I_Believe__]

Great info / video. Thank you for sharing this. Very helpful.

[@sharonwinsmith]

Thank you!

[@tameravci1]

do you mind sharing that sample excel?

[@yarmohammadi]

I wish I could access that sheet to play around with the numbers :D

[@ELconomics101]

Top of the morning coach

[@sharonwinsmith]

Good morning! 😁

[@shanedavey6993]

Great advice thank you Sharon!

[@sharonwinsmith]

Thank you! Appreciate your kind words! 😁

[@Michellexxx111]

Great video Sharon ! Love the details.

[@Michellexxx111]

Sharon, did you hear Kamala Harris wants to tax unrealized stock gains? This would ruin my whole strategy of buy, borrow, die 😣