English Language · English
According to the standard benchmarks of the FIRE movement, when can followers typically plan to exit traditional full-time employment?
- 1When their accumulated savings reach approximately 30 times their yearly expenses, or roughly $1 million.✓
- 2When their accumulated savings reach approximately 30 times their yearly expenses, or roughly $10 million.
- 3When their accumulated savings reach approximately 30 times their yearly expenses, or roughly $2 million.
- 4When their accumulated savings reach approximately 35 times their yearly expenses, or roughly $1 million.
Correct answer
When their accumulated savings reach approximately 30 times their yearly expenses, or roughly $1 million.
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