What's new

Was Calculating my ESCAPE Number got stuck on it need Advice guys

Anything related to matters of the mind
Taxes and regulation

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

Fastlane_boy

New Contributor
MEMBER
Read Rat-Race Escape!
Read Fastlane!
Joined
Nov 14, 2022
Messages
57
Location
india
Rep Bank
$465
User Power: 86%
Hey hi ,

don't know if the question i am asking is stupid or not, but i am confused on it, Need your help on it guys. @Andy Black @Black_Dragon43 @fastlane_dad @MJ DeMarco

i was calculating my escape number, i got stuck on POM in the book MJ took example of 50% ( economic and recession insurance policy) and MJ mentioned that he uses 200%, which is

POM = Paycheck Pot x 200% =

POM = 2,00,000 x 200% =


So, what should be the number of this calculation can you guys help with me this. i mean i dint understand the calucation of this please help me with it

and then question i had is we are considering PRE TAX money or Before tax money. but as we are planning our 10 year vision, but we are not considering INFLATION , as i live in india here goverment bond rates are 6-7%, bank fd rates are 5-6% but inflation is 7-8% .

So, if lets say for example my escape number is $15 M so by next 10 year according to current inflation rate $15 M
will have purchasing power of $7 M only , if we consider this scenario i will need $30 M because if inflation is 7% then within 10 year the amount will be doubled.
 
Last edited:
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Back
Top Bottom