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Breaking free: Becoming financially independent

Breaking free: Becoming financially independent

Last updated 11th Aug 2022
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Always keep the goal in sight

In the long-term, the goals of the financially independent individual are much as the same as any other. To make sure that you can retire, have something to pass on to your family, and to not have anxiety about your social future. Living as a financial independent simply means that the road to get there is one with more freedom and more opportunity. So, make sure you’re tracking your long-term goals and putting enough away every month and every year so that you can meet them.

For instance, sites like https://www.kiplinger.com offer retirement calculators to help you figure out how much you should be putting away, based on income and age, to ensure a good retirement.

When you’re financially independent, you can stop living in fear. If you need to move, it’s much easier. If you want to switch careers, you have both the security and the income to do so. But it also doesn’t ignore the obvious goals of savings, investments, and retirement that you need to sustain your future.

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