Go offline with the Player FM app!
19: How to Calculate Your Savings Rate and Determine When You’ll Reach Financial Independence
Manage episode 298300223 series 2955734
🎙 Savings rate calculation — the #1 factor that determine when you'll reach financial independence is your savings rate, learn how to calculate it and retire earlier than you every thought possible! 🤔
This episode discusses topics like:
🌟 Why your savings rate is the #1 factor that will determine when you’re able to retire;
🌟 How to calculate your savings rate and what it means for your financial independence; and
🌟 What your savings rate should be if you want to retire early.
Links from this episode:
Mr Money Moustache - The shockingly simple math behind early retirement
Time codes:
00:00 Hello & Welcome!
02:29 What Is Your Savings Rate & Why Is It Important?
11:25 How Do You Calculate Your Savings Rate
16:40 What Should Your Savings Rate Be?
19:58 Next Weeks’ Episode
Remember to:
Join our exclusive community by becoming a Patron - Patreon
🤩 Subscribe so you don’t miss any future episodes.
🏆 Rate and review the show on Apple Podcasts: Podcast reviews are crazy important to the iTunes algorithm. The more reviews we receive, the more likely we’ll be able to get this podcast in front of more people and grow the PMC Squad!
💖 I'd be super grateful for your help in making financial education available to everyone.
The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should not be relied upon to make an investment or financial decision.
61 episodes
Manage episode 298300223 series 2955734
🎙 Savings rate calculation — the #1 factor that determine when you'll reach financial independence is your savings rate, learn how to calculate it and retire earlier than you every thought possible! 🤔
This episode discusses topics like:
🌟 Why your savings rate is the #1 factor that will determine when you’re able to retire;
🌟 How to calculate your savings rate and what it means for your financial independence; and
🌟 What your savings rate should be if you want to retire early.
Links from this episode:
Mr Money Moustache - The shockingly simple math behind early retirement
Time codes:
00:00 Hello & Welcome!
02:29 What Is Your Savings Rate & Why Is It Important?
11:25 How Do You Calculate Your Savings Rate
16:40 What Should Your Savings Rate Be?
19:58 Next Weeks’ Episode
Remember to:
Join our exclusive community by becoming a Patron - Patreon
🤩 Subscribe so you don’t miss any future episodes.
🏆 Rate and review the show on Apple Podcasts: Podcast reviews are crazy important to the iTunes algorithm. The more reviews we receive, the more likely we’ll be able to get this podcast in front of more people and grow the PMC Squad!
💖 I'd be super grateful for your help in making financial education available to everyone.
The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should not be relied upon to make an investment or financial decision.
61 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.