Budgeting | Personal Finance | Video

What if the Slumdog Millionaire can’t retire?

27 Aug 2020

In this video, we discuss how slumdog millionaire Jamal, could be set for life. Had he not blown it all on a big dance number. His million could have sustained his lifestyle forever.

This is the four percent rule. Simply divide your freedom-fund by 25: If the answer equates to your yearly expenses — like Jamal — you could be ready to leave your job, no matter how old you are.