Do you know how much investment fees are costing you? For the DIY investor who chooses low-cost index funds, it can literally mean millions more in your pocket for retirement.
Retirement/Financial independence isn't an age, it's a number. And sometimes, that number is moving away from you faster than you are moving toward it.
There are metrics to use in your financial life that allow you to “keep score” as you work toward your financial goals. Use these metrics once a year to compare your year to year performance and reach your financial goals.
Being able to calculate your own return empowers you as an investor. Here's how you do it.
I use this function and its various cousins all the time. Becoming financially literate will help you get ahead in life.