A man who quit his law job at 49 says if you want to retire early, your income is only part of it

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A man who quit his law job at 49 says if you want to retire early, your income is only part of it
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'Financial Freedom hinges on how much you spend, not how much you make,' Robert_A_Berger says

Rob Berger, a deputy editor at Forbes, retired from his law job at age 49 after saving an amount equal to 25 times his annual expenses — the magic number for achieving financial independence. Berger kept his expenses relatively low, which meant two things: he was able to save more of his income each year, and thus, he needed a smaller nest egg to leave work. "We are conditioned to define financial success based on a fat paycheck.

Rob Berger, a deputy editor at Forbes, retired from his law job at age 49 after saving an amount equal to 25 times his annual expenses — the magic number for achieving financial independence. Berger kept his expenses relatively low, which meant two things: he was able to save more of his income each year, and thus, he needed a smaller nest egg to leave work. "We are conditioned to define financial success based on a fat paycheck.

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