5min chapter

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392 | Beginning of a New Era

ChooseFI

CHAPTER

You Can't Retire in Your Thirties or Forties

Financial independence is about saving money for freedom and autonomy, says Rileg. If you have zero dollars of debt at 18 or 50, if you're going to save 50% of your income, you'll reach financial independence in 14 to 17 years. The most important aspect of that is not the stupid math, it's how hopeful that is. Time is our most precious, non renewable resource.

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