What if you're saving more than you need to — and burning out in the process? In this episode, Jimmy shares how sitting down and doing the math changed his entire career trajectory, going from 1.3 FTE and antidepressants to part-time at 40 with a $2.1M net worth. Jimmy and Justin break down new research from Bill Bengen on safe withdrawal rates (spoiler: it may be higher than 4%), how to figure out what you actually need to retire, and why your future expenses are probably lower than you think. Plus, Justin shares the advisor's perspective on conservative assumptions, spending flexibility, and the risk of becoming a miser. Whether you're a DIY investor or working with an advisor, this episode will help you figure out your real number — and what to do once you know it.

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