In a previous post, I mentioned that a liquid net worth of $1 million represents financial freedom to me, because you can earn as much as the average American purely from interest. Unfortunately, due to the effects of inflation, your $1 million won’t be enough to keep you afloat forever, if you want to keep […]
How to live off the interest
January 20th, 2008 · 5 Comments
Tags: financial freedom
$100,000,000 is realistic
January 20th, 2008 · No Comments
My lifelong goal is to save up $100 million. This may seem ridiculous, but it’s not really. I am about to turn 30, and I want to achieve my goal by the time I turn 75. That gives me 45 years of compounding to make it happen.
Because I quit just my job this year, my goal for […]
Tags: financial freedom · goals