# Financial Independence
The financial independence component of Money FI allows you to create a plan for reaching FI while modelling the impact of future life events.
You're able to create either a Basic or Integrated plan which are discussed in the following sections.
# Modelling Future Life Events
As we all know, our finances are not set in stone. They change over time based on the stage of life we're in, our obligations and our interests.
Both plan types (basic and integrated) allow you to create future life events which will impact your expenses or investments. Events are discussed in more detail in the events section.