Here’s How to Get “Forget You!” Money Goal and Retire Early

Listen, not everyone has a job they love. And that’s totally OK — there’s more to life than your job, and not everyone has plans to ascend the corporate ladder until they’re 70.

Sometimes, you just want to make enough to retire early and never have to work again. That kind of money has a name. To put it politely: “Forget You!” Money.

It’s the amount of money you need in the bank to be able to say, “Forget you!” to your boss and retire comfortably — and it’s not nearly as far away as you think it is.

Here’s how to calculate your “Forget You!” Money number: Take your yearly expenses and multiply them by 25. That’s how much money you’ll need to have in your savings to be able to retire and withdraw 4% each year to live on .

For example, if $100,000 would cover all of your expenses for a year, you’ll need $2.5 million. Only need $50,000 to cover your bills and adventures each year? Plan on saving $1.25M.

If you don’t have seven figures in your accounts just yet, don’t panic. Everyone has to start somewhere! Here’s how to kickstart your “Forget You!” Money fund.

1. Fund Your Retirement with Amazon, Google and Netflix

Saving for retirement is smart. Having your company contribute to your 401(k) is helpful. But having an ownership interest in a Fortune 500 company that you don’t even work for help get you to your retirement goal? That’s awesome.

And it’s surprisingly easy to make happen, with an app called Stash.1 It lets you own pieces of well-known companies, like Amazon, Apple, Google and more for $5 or less.

Seriously — with only a few dollars, you can invest in thousands of stocks and ETFs, which can help you grow your investing portfolio and reach your retirement goals. The best part? Some companies may even send you a check every quarter for your share of profits, called dividends. If these companies profit, so can you.

It takes two minutes to sign upand your investments are protected….

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