063. Number one early retirement metric: your savings rate
Description
It’s not about what you make, it’s about the difference between what you make and what you spend. If you know those two numbers you can calculate your savings rates, and if you know it you can improve upon it.
Liz joins this week’s podcast as we talk about:
- The number one most important metric for achieving early retirement
- How to calculate your savings rate
- What our savings rates are and have been
- How your savings rate equates to the number of years you need to work
- How to increase your savings rate
Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/063-number-one-early-retirement-metric-your-savings-rate/
In case you missed it, Trump won the 2024 election. We’re talking about the impact of Trump in office on your finances and how to prepare yourself.
Greg joins this week’s podcast as we talk about:
- Trump winning the 2024 election and the impact we expect it to have on your finances
- The...
Published 11/18/24
Some people are so focused and disciplined on reaching a FI or FIRE goal that they don’t enjoy the present. Others are so focused on living for today that they don’t plan or save for the future. Which is better? We discuss the extremes of both and how to appreciate the need for both and strive...
Published 11/11/24