Reaching Financial Independence or Early Retirement
First - How do you define financial independence? Is it not having to think about money? What about not having to work anymore in order to support a great lifestyle? It is different for everyone, but these are the most common ideas our clients think of.
There is no doubt that achieving these goals is more likely for some than for others, but financial independence is more reachable than most people think. For most, it will require some early trade-offs, and a little bit of good timing.
The decision tree above is intended to provide general food for thought on a few of the factors that affect financial independence. We are happy to help our clients develop their own action plan towards reaching this goal. Contact us to find out how you might be able to reach it.