674 - What is THE NUMBER? With Merrick Furst

The James Altucher Show

James Altucher

Business, Education

4.6 • 2.7K Ratings

🗓️ 22 December 2020

⏱️ 90 minutes

🔗️ Recording | iTunes | RSS

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Summary

What is the Number? Lately, during the lockdown and pandemic, I have been pondering on the question. What is THE Number? How do you define the number? How much money do you need (or want) to retire? I have my good friend, Merrick Furst (He appeared on Episode: What we can learn from the greatest investors of all time.), to talk about this matter. I started out with a formula that I came up with, but after answering a series of questions that Merrick proposed, I have changed my formula entirely! Enjoy the episode! If you have any questions or feedback, tweet at me @jaltucher I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast. Thanks so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify Follow me on Social Media: YouTube Twitter Facebook Linkedin ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This isn't your average business podcast and he's not your average host.
0:06.8	This is the James Altiger Show.
0:12.8	Today on the James Altiger Show.
0:16.8	What is the number?
0:19.0	I know many people who want to retire.
0:22.1	I know many people who want to not worry about money.
0:25.3	I know many people who are scared and anxious, particularly given everything that's all the
0:30.2	economic uncertainty lately.
0:33.5	What is the number you need so you can retire or at least not worry about money.
0:38.6	And there's a lot of different answers and there's a lot more factors that go into this.
0:43.3	You'll listen to this podcast.
0:45.0	I started off thinking it was a relatively simple mathematical equation.
0:49.1	It is not.
0:50.1	There is so many more factors to consider.
0:52.6	I brought on my good friend, Merrick First, official genius.
0:57.0	I don't know how best to describe him.
0:58.5	I met him because he was the dean of students that threw me out of graduate school and then
1:03.3	we became friends after that.
1:05.4	Every now and then he has come on the podcast just to provide his super insightful question.
1:09.6	He's not afraid to ask the hard questions and the smart questions.
1:13.5	And here we are trying to figure out what the number is.
1:16.7	If you like this episode or have similar kind of questions, you can tweet at me.
	...

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