Idea Almanac
I asked my friend how she would define retirement, and she said, “Not having to work at all anymore.” What does her definition imply?
Traditionally, you work because you need money. You wouldn’t survive without your paycheck, at least not for long. So, if retirement means not having to work at all anymore, then the definition implies financial independence.
Retirement = freedom.
Retirement = choice.
Retirement = financial independence.
Excerpt From: Rachel Richards. “Passive Income, Aggressive Retirement: The Secret to Freedom, Flexibility, and Financial Independence”