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How to Achieve FIRE By Income (Are You on Track?)

Money Guy Show

NOTE

Balancing Financial Discipline and Life Milestones in Pursuit of Financial Independence

Having a high income does not guarantee financial independence if one chooses to live a lavish lifestyle./nTo achieve financial independence early, one must have an aggressive savings rate of 35% to 40% regardless of their income./nChoosing to pursue financial independence requires making tough decisions on lifestyle and priorities, and it may mean sacrificing certain life milestones.

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