Does The “Perfect Save Rate” Exist? I Figured It Out
The Money with Katie Show
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How to Save for Financial Independence
At 35% caring forward all the same assumptions and parameters that I noted earlier though remember it is all proportional so you should be able to apply this to any income. You would be fully financially free after between 21 and 22 years with 2.6 million dollars and a 4% safe withdrawal rate of about 106,000 dollars per year but and here's the key you'd hit halfway to financial independence with 1.3 million around year 16. Now many of us are not 21 years old we can't go back in time right 40%.
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