Retirement is a dream too far away for people to think about. We’re all really bad at thinking about the future and we often don’t want to think about money. Four Pillar Freedom put together the early retirement grid to address these concerns, and indeed retirement is something you can achieve. As with most issues in our society you can start making a positive impact on the world by buying less and reusing things more.
The sweet spot of the grid is found in the line of light yellow and green squares that cut through the middle. Each of those squares is in the 16 to 28 years range. They represent how many years you would need to work if you saved between 30% and 50% of your after-tax income. For many people, saving that much is a tough but realistic goal.
Considering the average person works for over 40 years, getting that number down to 28 is no small feat! That represents 12 extra years of your life where you get to do what you want, when you want, on your own terms.