In this episode we delve into the concept of the Financial Independence, Retire Early (FIRE) movement and its various aspects with Jay Shah ( co-founder of One Tree Hill Prime Wealth  https://onetreehill.in/ and https://www.instagram.com/othwealth and https://www.youtube.com/@OneTreeHillPrime ). Jay shares insights on calculating your personal FIRE number using simple tools like Excel, the importance of adjusting assumptions over time, and the difference between achieving a number and finding a fulfilling lifestyle. We also touch upon the mindset and philosophy required to attain financial independence. Additionally, the episode covers the pros and cons of real estate investments, highlighting the need for localised expertise and the illiquidity factor. Tune in for a comprehensive discussion on achieving financial independence and making informed investment choices.

00:08 Understanding FIRE: Financial Independence, Retire Early

01:16 Calculating Your FIRE Number

05:54 The Mindset Behind Financial Independence

16:48 Investment Strategies and Market Insights

21:56 Real Estate Investment: Pros and Cons