The 7 levels of financial freedom, according to a millionaire — 50% of U.S. workers are at Level 2

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The 7 levels of financial freedom, according to a millionaire — 50% of U.S. workers are at Level 2
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The 7 levels of financial freedom, according to a millionaire — 50% of U.S. workers are at Level 2. (via CNBCMakeIt)

to drastically lower your cost of living. Pursuing this lifestyle requires a change in thinking away from the traditional paradigms of personal finance, Sabatier says.

Although economists debate whether 4% is the optimal number , the calculation behind it serves as the basis for establishing a FIRE number — the amount of money you'd need to retire and earn an annual income you could comfortably live on.

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