Simplifying Your Path to Financial Freedom
Financial freedom can feel like a challenge. At Proposito, we aim to make this process a lot easier for you. Let’s take a look at what really matters on this journey.
Building wealth is like running a marathon – it takes patience and regular check-ins to make sure you’re on the right path.
Watch Out For These Common Mistakes
Many investors struggle because they:
- Don’t save enough
- Make emotional investment decisions
- Choose poor investments
- Forget about proper protection
The biggest issue? Not regularly checking in on their financial situation and making adjustments when needed.
Your Financial Toolkit: 4 Key Metrics
- Wealth Window: Count your journey in months, not years – it’s more motivating! (For example, 120 months until retirement)
- Saving Rate: Aim to invest at least 20% of your take-home pay
- Retirement Needs: Calculate your monthly income needs for a comfortable retirement
- Income Gap: Identify what your investments need to cover beyond pensions
Take Action Now
The more you understand your finances, the faster you’ll reach your goals. Create a simple system to track these numbers regularly.
Remember: knowing where you stand gives you control over your future. Don’t just let life happen – shape your financial destiny!