Your Financial Independence Number, or FIN, is an estimated amount of money you may need to cover your living expenses without relying on active income.
This number can help you understand how much you may need to save or invest to support your desired lifestyle.
A basic FIN estimate may consider:
- Annual living expenses
- Expected retirement timeline
- Investment assumptions
- Inflation
- Desired lifestyle and flexibility
Your FIN is not a final answer, but a helpful starting point for planning, tracking progress, and making more informed financial decisions.