375 | What is Savings Rate and How to Calculate It?
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Using Your Savings Rate as a Guide to Financial Independence
If you have a zero % savings rate, you can never retire. Most of us either have a negative networ eause they're starting from debt,. Or we have a positive networkh, right? Very few of us are actually at zero. And so it's very useful for us as individuals to be able to build on the structure that we're saying we'reputing. We just talked about most people having two income streams: pension and real estate earnings. But how is your pension actually going to effect this other passive income stream? I get it, i get it. It's kind of the simple calculation. The other five % can be built using a common sense approach that is
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