Work Freedom Day 2018

What is my Work Freedom Day at this moment?


Every year I update this blog post about my journey to financial freedom. I’m traveling on this journey as a Dividend Growth Investor (DGI). This is not always a smooth journey. I have highs and lows.


Work Freedom Day - Polliesdividend.com


If you ask me what Financial Freedom (FI) means to me, it is easy to answer. For me this means doing things I like to do, and do not have to worry about money. On my blog (Polliesdividend.com) and twitter account (@Polliesdividend) you can read my every day progress.

I have been a DGI since July 2014, so I just started and still have a long way to go. But I’m determining to work hard and constant to reach my goal.


Work freedom day

In 2015 I stumbled upon the idea of “ Work Freedom Day”. This is the day of the year where you’ve accumulated enough dividend income during the year to no longer need to work.

This Work Freedom Day is introduced by Dividend life. As he wrote, for early retires, that day would be January 1st but for many of us still on the FI Journey it’ll be somewhat later in the year.

In 2017 my Work Freedom Day was December 4. Now a year has passed and I’m curious what my progress is.


Our freedom can be measured by the number of things we can walk away from.



How to calculate your Work Freedom Day

For working out your work freedom day, Dividend Life came up with a simple formula:


Day of year = (1 – (Total Projected Income) / (Total Yearly Budget) ) * 365


This gives you a number, which corresponds to the day in the year you are “free”.

If you want to know your date, without much algebra, just visit the site of DividendLife, were the Work freedom day calculator can be used.


My Work Freedom Day

Okay, now it is time to find out what my Work Freedom Day in 2018 is. In 2018 I have looked at my expenses and managed to trim these down. So my yearly expenses aren’t as high as in the last couple of years.

Based on my projected Dividend income for 2018 (€ 3,478) and my yearly expenses (€ 40,000), My Work Freedom Day will be Thursday 29 November.

I made a nice progress this year. I know I still have to go a long journey. But he every journey starts with the first small step. And a lot of small steps also take you far away. I now, if I want to, have to work just 11 months a year, to keep up my current life style. I can take a whole month off and not have any financial pain. Man that feels good.

Okay I will not retire this year (you have to love an understatement), but it is, as Dividend Life wrote, a nice milestone to celebrate!


Year Work Freedom Day
2015 December 16th
2016 December 4th
2017 December 4th
2018 November 29th



Tracking my progress

Just like Dividend Life, I’m going to be tracking this date going forward and hope to watch it move towards me due to higher than projected dividends!

What is your Work Freedom Day? And what do you think about this concept?
I like to hear from you!



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