You are a gainfully employed person 👷 who spends less than you earn 💪 and invests the difference. 🎖️
Your monthly take-home pay 💵 is $5,000 and your monthly expenses 💸 are $3,000. That means your savings rate is 40%. Good job! 🏆 (Unless that number's red. 😞 )
If you invest 25x your annual expenses, or $900,000, a "safe" annual withdrawal rate of 4% 📉 will cover 🍽️🏠💊🚗.
If you've already got $10,000 invested 🤑 and you're depositing $2,000 a month, at a 6% annual return, it will take 20 years 🧓 to build up enough 💰 quit working 👋 live on those returns 💃 and achieve financial independence. 🔥🔥🔥