![3549: [Part 1] How I Measure Progress Toward Financial Independence by Craig Stephens of Retire Before Dad](https://megaphone.imgix.net/podcasts/a9c02102-44a9-11f1-8d92-87fdd61a32b6/image/aa5fd4dbf304e7458ac7b17802a8a978.jpg?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress)
3549: [Part 1] How I Measure Progress Toward Financial Independence by Craig Stephens of Retire Before Dad
About this episode
Craig Stephens discusses a practical method for tracking financial independence through a combination of passive income and long-term investment growth.
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3549: Craig Stephens breaks down a practical way to track financial independence by combining passive income with long-term investment growth, rather than relying on a single metric. This approach offers a clearer, more flexible path to early retirement while reducing risk and increasing confidence in long-term financial security. Read along with the original article(s) here: https://www.retirebeforedad.com/measure-financial-independence/ Quotes to ponder: "If I can create enough investment income that consistently grows above the rate of inflation and covers a solid portion of my living expenses, I can tap less of my retirement savings and reduce sequence-of-return risk." "Financial independence is a financial milestone. Retirement is when I’ll stop working completely." "The FI number is about building a lump sum of money that equals 25 times your annual expenses." Learn more about your ad choices. Visit megaphone.fm/adchoices
More episodes of Optimal Finance Daily - Financial Independence and Money Advice
- 3552: What Are Balance Transfers? by Jackie Beck on Interest Reduction
- 3551: Should You Invest Your Emergency Fund? by Jesse Cramer of Best Interest on Calculating How Much to Save For an Emergency
- 3550: [Part 2] How I Measure Progress Toward Financial Independence by Craig Stephens of Retire Before Dad
- 3548: How To Enjoy Life Without Going Broke by Michelle Schroeder-Gardner of Making Sense of Cents
- 3547: Taking Advantage of Mr. Bear by JL Collins on Market Downturn Investing
- 3546: The Pursuit Of Status: How To Avoid Chasing The Wrong Things by Louis Chew with No Sidebar
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