289: What's Your Retirement Number? Plus 4 Ways to Spend It Down

Sam, Johnny & Derek all got together for this episode - the first will all of us in almost 3 years! Our ILAB Patreons were able to receive this episode one week early plus got video and bonus content - become a Patreon HERE & instantly access that! The topic of retirement, FIRE, 4% rule and the like have come up a lot lately. So we break down 4 different retirement theories for drawing down your funds and each shares what their ideal retirement number is if we had to completely quit working. Discussed: 

• Follow Along With This Episode With the ILAB What's Your Number Reference Guide
• ILAB 288: Dave Ramsey Personality George Kamel
• ILAB 287: Jared Dillian on How to Live a Stress Free Financial Life
• HonestMath.com

Where we are:

• Johnny FD – Jomtien, Thailand / IG @johnnyfdj
• Sam Marks - Bangkok, Thailand / IG @sammarks12
• Derek – Los Angeles, US / IG @DerekRadio

Sponsor:

• ILAB Patreon
  Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss


Time Stamp:
• 00:20 - Sam/Johnny/Derek Intro
• 03:15 - Dave Ramsey 4% Rant
• 12:41 - $500K-$20M Retirement Income Breakdowns
• 32:00 - Jared Dillian's Rant on Consumption Being Good
• 50:09 - Why Millions May Not Go As Far As You Think



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