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88.0% complete Question What is the basis of the 25 times annual expenses target for financial independence under the FIRE movement? A.It attempts to create
88.0% complete Question What is the basis of the 25 times annual expenses target for financial independence under the FIRE movement? A.It attempts to create a larger asset base than normal retirement strategies. B.It is an arbitrary number chosen as a goal. C.It allows for annual investment income equal to 4% of accumulated assets to cover expenses. D.It is based on average returns in the stock market
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