Most people think that a Mutual Fund is one of the best options to use when retiring but not totally aware of its limitations. FIRE method is one of the most important things that everyone should understand as this term seems to be not familiar to a lot of people. This episode, Chris Miles talks about the FIRE method and what's missing from it, and also the information that you need in order to make right decisions.
Learnings From This Episode:
What is the FIRE Method and How it Works for People's RetirementTwo Main Problems of the FIRE MethodThe 4% Rule and 2% Rule in RetirementHow Returns are Being Calculated on Mutual FundsDisadvantages of Investing in Mutual FundsImpacts of Inflation on Mutual Funds
Chris Miles, the "Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results.
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