My Financial Independence Journey » Entries tagged with "compound inerest"
Savings Rate is the Key to Achieving Financial Independence
Achieving financial independence requires only two things, a high savings rate and a descent rate of return. But what constitutes a high savings rate? What if you just want the lowest possible savings rate that will still get you to a comfortable retirement? Can you really expect to achieve financial freedom faster if you load up on high yield stocks? Answers to all of these questions are revealed as we explore the magical worlds of … Read entire article »
Filed under: Investing, Reflections, Retirement