4min chapter

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How Do You Save for a Down Payment AND Retirement?

Money Guy Show

CHAPTER

How to Calculate Your Financial Independence Number

You should factor in inflation when calculating your financial independence number. The real purchasing power of those dollars is going to have decreased. $2 million, 15 years from now will not be the same as $2 million today. If you're within that five, even 10 year mark of retirement, you kind of want to be zoning in on what you need to be successful.

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