How much £ $ money would it take to make you financially free?

The most common answer to the above question is  £1 Million ( or whatever your national currency is).  The truth is that for most people this figure is a lot less than you think.

Thinking of the proverbial million will only serve to frustrate you, as you struggle in your nine to five to attain what seems an ever elusive target. In fact it can become a literal stumbling block to your desire for financial freedom. A million may well be the figure for some but not for all, so the question then becomes how do I know my 'freedom figure'?

Well there are several things to consider when you work out this figure and your priority in achieving your 'Freedom Figure' such as:-

•        How old are you now
•        When would you like to retire ( If at all)
•        How much is in the bank
•        Value of Assets/Liabilities in hand
•        The value of your mortgage if any
•       Dependants ages and the provisions that is/or will be your  responsibility

This list is not exhaustive, but will serve give you a number and believe me, it may not be as big as you think. Once you have this figure written down, you now have a target.

So now you can point aim and fire!