SPECIAL: The Little Known World of FatFIRE

In this episode Sam (@theSamParr) shares what he's learned from one of his favorite subreddits, FatFIRE. FatFIRE is about the pursuit of financial independence/early retirement with an upper-middle class lifestyle. Do you like these special episodes? Tweet your feedback to Sam (@theSamParr) & let him know what you think. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (1:07) Meet FatFIRE * (6:53) What Sam has learned from FatFIRE * (7:15) 1 - The safety withdrawal rate * (8:36) 2 - Asset backed loans * (10:38) 3 - They keep working after they retire * (11:50) 4 - It's easy to spend a lot of money * (13:05) 5 - But you don't have to * (13:50) 6 - You have a number * (15:04) 7 - On wealth advisors * (16:05) 8 - You don't have to start a business * (18:25) 9 - Live your life * (20:23) A redditor on different levels of wealth --------- Links: https://www.reddit.com/r/fatFIRE/ https://fatfireindex.com/