You know your current net worth and your average annual expenses. You also have your target number . So, now it’s time to start putting your financial independence plan together. And I’ll share my tips on creating a plan that will work, including my best tip that I learned watching basketball. You might be wondering if it’s even necessary to create a plan. Why not just wing it? Yes, I know making a plan isn’t always fun. I like to wing it  on most things myself, but I don’t

If you followed along in my last post, you would have calculated your net worth , which tells you where you currently are in the rat race. The next logical question is: How much to save for retirement? To escape the rat race, you must figure out your ultimate goal: What net worth do you need to achieve your Financial Independence Number? Why is it important to figure out this target number? Well, imagine if you were in an actual physical race, except that there’s no clear fin