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Retirement vs. Financial Freedom: One is Financial; The Other is Spiritual: Financial Freedom, #219
By Joshua King
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About this ebook
We should all strive to leave the workforce while we are still healthy; however, some will leave sooner than others.
You can determine how fast you can leave the workforce by lowering your standard of living, even for a short period.
Retirement is the act of stopping to go to work. Financial freedom affords you the freedom of time, movement, and money.
Those who aim for financial freedom understand they can leave the workforce as soon as their passive income exceeds their expenses.
Therefore, if they increase their income and reduce expenses, they can enjoy the luxury of early retirement. How soon do you want to leave the workforce? Good Luck!
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Retirement vs. Financial Freedom - Joshua King
Table of Contents
MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF
Retirement vs. Financial Freedom
All Right Reserved Military Family Investing | 01 Retirement vs. Financial Freedom
02 The 401K Lie: Saving 10% is a Fool’s Errand
03 Hustle Culture: Replace Your Pension and 401K Mindset
04 Love, Passion, Freedom: Welcome to Passive Income
05 Financial Security vs. Financial Freedom 2
06 Retirement Planning for the Average Person 6
07 21 Passive Income Ideas
08 The In-Debt-ured Servant 2
09 LBYM: Living Below Your Means
10 Saving & Investing with $400 Per Month
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MILITARY FAMILY INVESTING
Joshua King
Home of the Free PDF
www.militaryfamilyinvesting.com
Retirement vs. Financial Freedom
One is Financial; The Other is Spiritual
01 Retirement vs. Financial Freedom
02 The 401K Lie: Saving 10% is a Fool’s Errand
03 Hustle Culture: Replace Your Pension and 401K Mindset
04 Love, Passion, Freedom: Welcome to Passive Income
05 Financial Security vs. Financial Freedom 2
06 Retirement Planning for the Average Person 6
07 21 Passive Income Ideas
08 The In-Debt-ured Servant 2
09 LBYM: Living Below Your Means
10 Saving & Investing with $400 Per Month
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Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
All Right Reserved Military Family Investing
01 Retirement vs. Financial Freedom
No one wants to work forever. As much as we love our careers initially, doing something for 30 to 40 years can tax our nervous systems.
The idea of having multiple years in retirement is a relatively new concept. Before, people would work until they died. Once we moved into the city and began having 40-year work weeks, it became more acceptable to work toward your retirement.
Pulling the rug from under us. The early years of the retirement system were golden because of government and corporate-sponsored pension plans (defined benefit).
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The employee would simply work for 30 years, and the government or corporation would ensure they lived the rest of their lives with the same quality of life.
However, the pension system was expensive. People began to live longer, use more medical care, and expect more benefits. The corporations and governments wanted out, so they created the 401K plan (defined contribution).
Under the 401K plan, the employee is responsible for funding their own retirement. The system expects the employee to adjust their lifestyle in order to save enough for their future. Sounds difficult, yes?
Are you preparing for retirement? Our parents and the education system trained us to be great employees. In fact, we even convince ourselves that we WANT to work until we are 65 or 70 years old.
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However, deep down, we know the truth. We want to free ourselves from the bondage of work and enjoy our lives. But we also understand we have to pay bills until the day we die.
How can we have our free time but still have enough income to live? It’s one of life’s biggest mysteries.
If you want true freedom of time, money, and movement, you must strive
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