The math behind FI
The core concept is simple. You need 25x your annual expenses invested to be financially independent, assuming a 4% safe withdrawal rate.
The formula
FI number = Annual expenses × 25
If you spend $40,000/year, you need $1,000,000 invested.
Why 25x?
The 4% rule comes from the Trinity Study. Historically, withdrawing 4% of your portfolio annually has a high probability of lasting 30+ years.
$1,000,000 × 0.04 = $40,000/year
Two levers
There are only two ways to reach FI faster:
- Earn more - increase income
- Spend less - decrease expenses
Spending less is more powerful because it reduces your FI number AND increases your savings rate simultaneously.
Time to FI
Your savings rate determines how long it takes:
- 10% savings rate: ~51 years
- 25% savings rate: ~32 years
- 50% savings rate: ~17 years
- 75% savings rate: ~7 years
The math is clear. Higher savings rate = faster FI.