The 4% rule: how to know you are financially ready to retire

If you think you will need $40,000 per year in your golden years, you must have a portfolio of $1 million to retire

Dubai schoolteacher Zach Holz documents his journey towards financial independence on his personal finance blog The Happiest Teacher
BUSINESS MONEY


One of the most common questions people first learning about financial independence ask is: “When do I know I have enough money to retire?” This is a great question for several reasons: 1. Having a goal to aim at is critical. Without the destination...

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