What’s your financial independence number?
Most in the financial world prefer to describe this vague sum as a retirement number, but as we’ve discussed before, the concept of retirement often carries a negative connotation that I would rather avoid. Our goal at FYI is to achieve financial independence in order to move on to more important life tasks, not simply retire to the golf course or couch. That being said, let’s not be swept off topic by the semantics of the wording.
How much money do you need to exit the rat race and live the life you’ve envisioned?