Financial independence or early retirement, just like paying off debt, can be a major mountain to climb, especially if you are just starting out. A mountain that once calculated, can seem very overwhelming or nearly impossible to overcome which can sometimes lead to a stop in momentum towards reaching these goals. This is true in all professions, but I know based on first hand experience it can be especially true in the healthcare world especially during times like these. It’s hard to see how you could grind this hard, day in and day out yet still have 10, 15, 20, 25, 30 years left until you reach financial independence/retirement. However,…
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When can I retire: The 4% Rule
I commonly see many people overvaluing their retirement number or honestly, and more commonly, not having even a ball park idea of where their retirement number really is. I get it, as a 20, 30, or even 40 year old worker, retirement is so distant why even worry about it. Go to work, eat, sleep, repeat. Maybe mix in a drink or 10 to deal with the stress and monotony of this routine. It’s hard, and living in the moment is easier than facing this far fetched concept that is retirement. However, this number may be much closer than you think and calculating your number might motivate you to make…
