What's the age that you intend to achieve financial freedom and why? - Seedly

General

AMA SG Budget Babe

Asked by Anonymous

Asked on 11 Aug 2018

What's the age that you intend to achieve financial freedom and why?

To understand intentions behind saving up

0

Answers (2)

Sort By

Most Upvote

  • Most Upvote
  • Most Recent
Dawn Fiona
Dawn Fiona
Level 5. Genius
Answered on 14 Aug 2018

45! I wanna have time to pursue my own dreams without worrying about money - 45 is the latest I've set for myself to become a published author!

0 comments

2

The most common financial freedom goal is $1m. I guess most will reach there from the ages 40-55.

But your question is the intention behind saving up.

Financial independence is a concept where you don't need to work to support your lifestyle. That's a great reason to save up.

With low job security these days, financial independence means less stress on paying off your bills. Maybe that's freedom and flexibility to live and work on your own terms.

I can also share from previous polls, some want financial freedom to pursue artistic hobbies. Kind of like ending "required" work to make ends meet.

More tips on financial freedom and FatFIRE (which is comfortable financial independence retire early) in this post [click more to continue...]

1 comment

1
Bryant Tan
Bryant Tan

29 May 2019

Nice post. I like the way you write the freedom and flexibility to live and work on your own terms.