3217: Key to Early Retirement - Margin of Safety by ESI of ESI Money on Financial Independence & FIRE
Jun 16, 2024•12 min•Ep 3217•Transcript available on Metacast Episode description
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 3217:
Discover how ESI from ESIMoney.com strategizes the concept of 'Margin of Safety' for a robust early retirement plan. This episode explores the necessity of financial buffers to manage unexpected expenses and ensure a stable, stress-free retirement. Learn to secure your financial future by understanding the risks and implementing multiple safeguards.
Read along with the original article(s) here: https://esimoney.com/key-early-retirement-margin-safety/
Quotes to ponder:
"Expect the unexpected when it comes to money emergencies."
"In early retirement, it's crucial to have several significant margins of safety."
"Our current annual budget is $85k. As you might imagine, that affords us a pretty high standard of living."
Learn more about your ad choices. Visit megaphone.fm/adchoices
