Episode #654 ~~ Connect with Scott and Mindy: Scott: Mindy: ~~~ Follow BiggerPockets Money on Social: Facebook: Instagram: ~~~ Ready to achieve Financial Independence and Retire Early? In this episode of the BiggerPockets Money podcast, Mindy and Scott are going to walk through a comprehensive FIRE guide that covers everything you need to know to start your journey toward early retirement in 2025. We explore the mathematics behind FIRE, different approaches to the movement, and practical strategies for dramatically increasing your savings rate. From understanding the 4% rule to optimizing your investment portfolio, this episode provides a complete roadmap for anyone interested in financial independence. Perfect for both beginners exploring the concept and those already on their FIRE journey looking to optimize their approach. Whether you're just starting your financial journey or looking to accelerate your path to early retirement, this guide provides actionable steps you can implement today. 1:11 1. What is Early Retirement? 1:40 2. What is the 4% Rule? 2:59 3. Net Worth vs. FIRE Portfolio 4:26 4. Determining your FI Timeline 6:20 5. The FI Principles 8:49 6. FI Expense Cheat Codes 11:35 7. Increasing Your Income 12:34 8. Investment Approaches 15:17 9. Invest Order of Operations 21:24 10. The FIRE Grind 23:27 11. Withdrawal Strategies 27:18 12. Post FI Considerations