By: J.D. Roth
In reply to <a href="https://www.getrichslowly.org/financial-independence/#comment-4719738">Smile If You Dare</a>. Yep yep. Totally agree! :)
View ArticleBy: brian @ singledadmoney
HALF – that’s going to be hard, but fun, to hit. Since the beginning of the year, I bumped my savings rate from around 15% to about 28%. That bump wasn’t too hard to do, but I can see the next major...
View ArticleBy: Jon
I assume the assumption here is that your investments are held in taxable accounts? Because I invest about 37% of income a month (more if you count the pension), but almost all of that is in either a...
View ArticleBy: Vivian
In reply to <a href="https://www.getrichslowly.org/financial-independence/#comment-4719802">Jon</a>. I've been wondering the same thing since I found this blog and others about FI.
View ArticleBy: Luke
When you talk about savings goals, is the percentage in terms of gross income, or net of taxes? If you live in a high-tax state/city like me, it makes a big difference. I know the bigger point is to...
View ArticleBy: J.D. Roth
In reply to Luke. Haha. You’re right: I’m really trying to make the bigger point. Honestly, I don’t care how people calculate saving rate as long as they’re consistent and as long as they understand...
View ArticleBy: RichardP
In reply to <a href="https://www.getrichslowly.org/financial-independence/#comment-4719802">Jon</a>. A good goal is to have your assets split between taxable and tax-advantaged accounts....
View ArticleBy: Peti @ The Leveraged Mama
This is the kind of ‘shock’ that some of us need so that we can really understand what it’s going to take. So while it’s eye opening it’s a great article to share and grow awareness, thanks J.D.
View ArticleBy: 1Life
My question is this: Why do you need a pot of money where you can withdraw a percentage – 4% I believe is the magic figure, forever without reducing your pot of money? Nobody lives forever so at some...
View ArticleBy: Savvy History
This is one of the best definitions I have come across. Thank you for making it straightforward, brief, and relevant.
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