Financial Independence - You Own Your Time

If you're a 20 year old and you start saving 25% at 20 by the time you get to 49, assuming a relatively nominal wage growth rate of 1.5%,you'll have a portfolio large enough to sustain a 4% withdrawal rate equal to 80% of your pre-retirement income. That's not necessarily retired, but I'm telling you, now instead of working because you're required to, you're working because you enjoy it. Think about right now while you're young, you're trading your time for money, wages. In the future, if you do this right, you will trade your money and it'll be money that came from compound and growth for more time