How much money do you really need to achieve financial independence?

I am constantly being asked by people about the amount of money they have to invest in order to achieve a stable dividend income stream. I am primarily discussing low current dividend, higher dividend growth stocks in my blog, which have the potential for at least market average stock price appreciation.

So how much money do you need to invest, in order to generate the amount of dividend income that will set you free from the 9 to 5 job? Well, a good starting point would be first to track analyze your expenses for the past twelve months. Unless you live in Canada, you might have to purchase your own health insurance, which might have been previously subsidized by your employer.