How to get financially free — Part 2 If you want to become financially free, here are four more numbers you need to know. Number one, take your annual income and multiply it by 25. That’s a rough target for how much you need invested to potentially replace your income using a 4% withdrawal rate. Number two, take your current savings and divide it by your annual expenses. That’s roughly how many years of your current lifestyle your savings could cover without another pay cheque. Number three, tak
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How to get financially free — Part 2 If you want to become financially free, here are four more numbers you need to know. Number one, take your annual income and multiply it by 25. That’s a rough target for how much you need invested to potentially replace your income using a 4% withdrawal rate. Number two, take your current savings and divide it by your annual expenses. That’s roughly how many years of your current lifestyle your savings could cover without another pay cheque. Number three, tak
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