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by sethammons
2405 days ago
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Define financial freedom. To me, that is the point where I can choose to no longer work and retire. Some call it your FIRE number, and there is a whole subreddit on it. I wouldn't expect that in 7 years of anything. I'd have to pocket, after expenses, like $800k a year to achieve financial freedom in 7 years. Another interpretation of financial freedom is escaping living from paycheck to paycheck. That can be hard, but requires that you pay yourself first and make more than you need. Over time, you have a warchest to smooth out bumps. |
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