496. Your Freedom Number (Wealth Series Part 3)

What would it take for you to never have to work again—unless you wanted to? That’s the core idea behind your freedom number. It’s not just about becoming a millionaire; it’s about having enough unearned income to live your life mission without relying on a paycheck. In this episode, we walk you through the three key data points needed to chart your financial future: Where you are today Where you want to be (your freedom number) How long you have to get there We simplify the math behind financial independence, introduce the 4% Rule for sustainable wealth, and provide actionable steps to set your target. Whether you’re looking for security or ultimate freedom, knowing your number will allow you to make informed investment choices that get you there. If financial freedom is your goal, don’t just dream about it—start mapping your path today. Challenge of the Week: Download the Freedom Number Worksheet at the1thing.com/freedomnumber and calculate your freedom number. Use the formula to determine how much your money needs to work for you, and start making strategic investment decisions today. *** To learn more, and for the complete show notes, visit: the1thing.com/pods. We talk about: Why financial freedom is about choices, not just wealth How to calculate your freedom number using the 4% Rule The power of compounding interest and investment strategies Links & Tools from This Episode: Download the Freedom Number Worksheet: the1thing.com/freedomnumber Free Resources Want to be a guest or share feedback? Email [e-mail] or send us an audio note at Speakpipe.com/the1thing. This podcast is for general informational purposes only. The guest’s views, thoughts, and opinions represent those of the guest and not KWRI and its affiliates and should not be construed as financial, economic, legal, tax, or other advice. This podcast is provided without any warranty, or guarantee of its accuracy, completeness, timeliness, or results from using the information. Any text or materials generated by artificial intelligence (AI) should be reviewed for accuracy and reliability as there may be errors, omissions, or inaccuracies. Produced by NOVA