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How to retire in 10 years

You might be surprised how much faster you can be financially free, just by saving more
Monday, January 16, 2017 - 05:50

At very high savings rates of 70, 80, and even 90%, the time to financial independence is dramatically shortened. Take the 80% saver. He will achieve financial independence in just 11.3 years assuming an ultra-conservative yield of 2 per cent a year.

"When I was young I thought that money was the most important thing in life. Now that I am old I know that it is."
- A quote attributed to Irish writer Oscar Wilde

THE THEORY of how to achieve financial independence, no matter how old you are, is relatively straightforward

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