FINANCIAL INDEPENDENCE

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KNOW YOUR FINANCIAL INDEPENDENCE NUMBER

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Financial independence is achieved the moment your investments generate enough passive income to cover your living expenses. It is not an arbitrary age—it is a mathematical target. By defining your annual lifestyle costs, you can determine the exact nest egg required to maintain your standard of living indefinitely.

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​Many retirees may spend 20, 30, or even 35 years without a paycheck, making long-term planning more important than simply choosing a retirement age.

• Determine your annual lifestyle expenses

• Apply the 4% safe withdrawal rule

• Focus your strategy on reaching your target number