The Three Levels Of Financial Independence - Financial Samurai
1) No need to work for a living. Investment income or non-work income covers all living expenses into perpetuity. or2) Net worth is equal to or greater than the number of years left in your life X living expenses. For example, $3 million with 30 years left to live is FI if your living expenses are no more than $100,000 a year.
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The Three Levels Of Financial Independence - Financial Samurai
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1) No need to work for a living. Investment income or non-work income covers all living expenses into perpetuity. or2) Net worth is equal to or greater than the number of years left in your life X living expenses. For example, $3 million with 30 years left to live is FI if your living expenses are no more than $100,000 a year.
financialsamurai.com
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How To Calculate Your Financial Independence Number
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Jun 30, 2022 · As an example, my financial independence number is: $750,000 = $30,000 / 4% My financial independence number is $750,000. Once I have a net worth of that, I am …
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