This simple chart will show you how close you are to early retirement

Retirement

By Emmie Martin

Want to retire before 40? If you’re dedicated to saving and hustling, you could make that a reality.

But first, you need to know how your current savings habits stack up. Personal finance blogger Zach of Four Pillar Freedom created a simple chart that breaks down how close you are to financial independence, or early retirement, based on how much you’re able to save and invest each month.

The chart assumes a few things:

  • You’re starting with absolutely nothing in savings
  • A seven percent annual growth rate
  • Your lifestyle will stay in the same in retirement

So how close are you to early retirement? Check it out:

Read the Full Article at www.cnbc.com >>>>

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Arnaldo Rodgers Posted by on 8:44 am, With 0 Reads, Filed under Of Interest, Personal Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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