A Financial Thought Experiment: Thinking In Years Saved, Not Dollars Saved - Episode 50

The Financial Philosophers

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In today's episode, Chris and Danny discuss a financial thought experiment. How much money do you need to save to earn one year of financial independence or retirement? Thinking in very large numbers is counter-intuitive to most people. However, when we translate very large numbers into terms of time (e.g., months, years), the idea of saving for a goal becomes much more palatable. With a little reframing, you might be surprised by how achievable your savings goals really are. This is a great episode to help you conceptualize a new way of pursuing your financial independence and retirement goals.

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