Bronwyn Candish

But for me, I'm aiming for 25 times my expenses because I'm aiming to live with a 4% rule, right?

So with that though, it's really important to remember that this is also a season of life and that will be a different season of life.

So you might make 100K a year now and you might feel like you're just blowing it all.

So 25 times that

It's a really big number, right?

But at the moment, I'm paying for daycare.

I'm paying a higher marginal tax rate because I make $100,000 a year.

I'm buying lunch for work and coffee's on the way to work every day.

I'm buying outfits and getting my hair done, right?

Like my life will look significantly different when I'm retired.

And so that 25 times, it's not necessarily 25 times today, but it's where I want to be 25 times.

once I'm retired.

So I personally find that like really, really motivating.

And remember too, that there is that concept of coast fire, right?

So we can get to a point where if we contributed nothing more to our nest egg, that by the time we're 65, it'll be where we want it to be anyway, right?

So with no further.

So,

you know, that's the power of compounding interest.

And that's why investing is so much more important than just saving, like why we need to diversify here.

And that's to give you that power.