How can you retire and become financially independent in ten years?
When we talk about early retirement, most people think that to do this requires incredible investing skills…but that is not the primary determining factor. Granted, investing is very important, but the key is to create enough wealth that you can then translate into actual savings and investments.
So the biggest determining factor in your early financial independence and the number one thing that you need to focus on is your savings rate.
Your savings rate is the percentage of your income that you are able to save and invest each and every year.
Do you know your savings rate?
Do you know what savings rate you need to be able to retire early?
It’s key you know this. Watch this to learn how to retire early!