When trying to grow your wealth; several factors come into play. Investment environment, interest rates, asset selection, risk adjusted returns of various asset classes, taxes, asset location and saving rate.
Saving Rate is the percentage of income a person sets aside every year. The money does not need to be held in cash and can be used to buy income producing assets.
To accelerate Financial Freedom Countdown you should ideally shoot for a saving rate of 50%.With a 50% saving rate, you buy one year of freedom for every year you work