A clock generation system provides a low power approach for generating clock signals. The clock generation system may use a free running clock and, at intervals, maintain the accuracy of the free running clock. The free running clock may be the source of other system clocks, such as a 32 KHz clock for system timing and a 13 MHz clock to facilitate audio playback, e.g., MP3 decoding and playback. The clock generation system eliminates the need for two different crystal oscillators and a complex PLL for generating the low frequency clock.