![]() If you save 75%, you can retire in 7 years. Assuming a net worth of zero, if you save 50% of your income, you can retire in 17 years. Money Mustache's article on The Shockingly Simple Math Behind Early Retirement. The more you save, the quicker you will reach financial independence. ![]() How long does it take to reach financial independence?Īn important factor to financial independence is your savings rate, which is how much of your income you can save. With some of these assumptions in place, we do not have to be so conservative with our safe withdrawal rate and can use the standard 4% safe withdrawal rate. Spending less money when the markets are down. ![]()
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