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Financial Independence

What Financial Independence Really Means

FI isn't about never working again. It's about working because you want to. Here's the math behind the freedom.

JW

James Whitfield

Published · 9 min read

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Content on The Evergreen Edit is for educational and informational purposes only and is not individualized financial, investment, tax or legal advice. Learn more.

Financial independence is the point where your investments can cover your living expenses. Many people use roughly 25 times annual spending as a planning estimate.

Savings rate is the lever

The higher your savings rate, the faster you reach FI — because you're both investing more and needing less.

JW

Written by

James Whitfield

Wealth Correspondent

James writes about net worth, real estate and financial independence for readers playing the long game.

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