“It’s Good To Be King” The Benefits of Financial Independence - Passive Income

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“It’s Good To Be King” The Benefits of Financial Independence

May 22, 2017 • 1 Min Read

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Key points:

  1. The first step to financial independence is to figure out how much money you need each year to support yourself or your family.
  2. Your next step is to decide what percentage of your nest egg you are comfortable spending each year.
  3. You can call yourself FI when your annual expenses are 4% (or 1/25th) of your nest egg.

Read the full article here:

“It’s Good To Be King” The Benefits of Financial Independence

Disclaimer: The topic presented in this article is provided as general information and for educational purposes. It is not a substitute for professional advice. Accordingly, before taking action, consult with your team of professionals.

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