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by nly 1832 days ago
It's a thought experiment. Imagine you're trying to prove the relationship between your personal savings rate, and the date at which you can retire.

- If I save 100% of my money now, I can retire now (because clearly I don't need money to live).

- If I save 0% of my money now, I will never be able to retire (because I'll have none when I forfeit my income).
1 comments
timdaub 1832 days ago
Again, I think this is a rather theorerical argument.

Retirement is not solely coupled to the amount of money you have. I personally have aspirations and enough money to not having to work for a few years. And still I work lots of hours to achieve certain goals that have nothing to do with increasing my money.

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nly 1832 days ago
Perhaps financial independence is a better term. Retirement depends on FI, but FI doesn't necessarily mean retirement.

FI is solely determined by the amount of valuable assets you have

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