016 | The Shockingly Simple Math Behind Early Retirement by Mr. Money Mustache
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016 | The Shockingly Simple Math Behind Early Retirement by Mr. Money Mustache
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The most famous financial independence blog post in the 21st century explained this enormous finding:
Your time to reach retirement depends on only one factor -- your savings rate.
If you save 0% of your take home pay, you can never retire.
If you save 100% of your take home pay, you can retire right now.
Tune in and find out how soon you can retire.
If you'd like to ask us a question, email us at mailbag@thefischool.com and we might just discuss your question on the show!
Resources:
https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/
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