How To FI: Calculate Your Financial Independence Number And Achieve It

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Most people can’t quit until they hit a specific number in their bank account. As an interim goal, have you considered Financial Independence (FI)?

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Financial Independence gives you options – it opens up a world of possibilities for how you want to live your life.

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Why You Should Be Financially Independent (FI)?

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It empowers you to say NO in your work environment. If your boss expects you to work on weekends, you can refuse without worrying about the loss of income from your job.

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The financial independence number, also known as the FI number, assesses your retirement preparedness based on your expenses and assets.

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“How much money do you need to retire?”

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Your calculated FI number can be used as a starting point when saving for retirement and can answer the financial aspect of the “when can I retire” question.

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How To FI: Calculate Your Financial Independence Number And Achieve It

Most people can’t quit until they hit a specific number in their bank account. As an interim goal, have you considered Financial Independence (FI)?

Financial Independence gives you options – it opens up a world of possibilities for how you want to live your life.

Why You Should Be Financially Independent (FI)?

It empowers you to say NO in your work environment. If your boss expects you to work on weekends, you can refuse without worrying about the loss of income from your job.

The financial independence number, also known as the FI number, assesses your retirement preparedness based on your expenses and assets.

“How much money do you need to retire?”

Your calculated FI number can be used as a starting point when saving for retirement and can answer the financial aspect of the “when can I retire” question.

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