{"podcast":{"title":"BiggerPockets Money","slug":"biggerpockets-money-podcast-793498","podcast_index_feed_id":793498,"rss_url":"https://rss.art19.com/biggerpockets-money","website_url":"https://art19.com/shows/biggerpockets-money","image_url":"https://content.production.cdn.art19.com/images/16/13/75/85/16137585-8182-4e84-b739-d7fdd75aab6e/21565b1e15aa788d260cf8bdcec8f6853ad37b3390118a4f13ab849739fcd0c87d3880f554776b791a722c396667a9b8acba00b5318bc0f394a0e3af224464dd.jpeg","author":"BiggerPockets Money","episode_count":791,"summary":"For those who have money… or want more of it! Join Mindy Jensen and Scott Trench (from BiggerPocketsMoney.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and reach financial independence.","last_synced_at":"2026-09-16T12:24:15.007871+00:00","page_url":"https://stenobird.com/podcast/biggerpockets-money-podcast-793498"},"episode":{"title":"Your FIRE Number Is Probably Wrong — Here’s Why","slug":"your-fire-number-is-probably-wrong-here-s-why","published_at":"2026-05-08T05:00:00+00:00","page_url":"https://stenobird.com/podcast/biggerpockets-money-podcast-793498/your-fire-number-is-probably-wrong-here-s-why","show_page_url":"https://stenobird.com/podcast/biggerpockets-money-podcast-793498","url":"https://www.podtrac.com/pts/redirect.mp3/pscrb.fm/rss/p/traffic.megaphone.fm/MGEEK6927196612.mp3?updated=1778187405","audio_url":"https://www.podtrac.com/pts/redirect.mp3/pscrb.fm/rss/p/traffic.megaphone.fm/MGEEK6927196612.mp3?updated=1778187405","summary":"In this episode of the BiggerPockets Money podcast, hosts Mindy Jensen and Scott Trench break down the biggest mistakes people make when calculating their FIRE number and planning for financial independence. Many early retirement calculators rely on simplified assumptions like the 4% rule or current spending levels, but real-life retirement planning is far more complicated. This episode covers how healthcare costs, inflation, one-time expenses, and changing lifestyle spending can dramatically impact your true FI number and long-term retirement success. We also discuss safe withdrawal rates, stress testing your retirement plan flexible income streams, and why many FIRE investors underestimate future spending during early retirement. Whether you’re pursuing FIRE, early retirement, Coast FIRE, or traditional financial independence, this episode will help you build a more realistic retirement strategy and avoid common mistakes that can derail long-term wealth and portfolio sustainability. To go beyond the podcast: Kick start your financial independence journey with our FREE financial resources - https://biggerpocketsmoney.com/ Subscribe on YouTube for even more content- www.youtube.com/biggerpocketsmoney Connect with us on social media to join the other BiggerPockets Money listeners - https://www.facebook.com/groups/BPMoney We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices","meta_description":"In this episode of the BiggerPockets Money podcast, hosts Mindy Jensen and Scott Trench break down the biggest mistakes people make when calculating their…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2102,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/biggerpockets-money-podcast-793498/episodes/your-fire-number-is-probably-wrong-here-s-why/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/biggerpockets-money-podcast-793498/your-fire-number-is-probably-wrong-here-s-why.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}