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.


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 STAMPS
00:20 - Sam/Johnny/Derek Intro
03:15 - Dave Ramsey 4% Rant12:41 - $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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