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Why do you wish to stop working once you reach your goal? How do you intend to spend your time?
by seunosewa 9y ago
Why do you wish to stop working once you reach your goal? How do you intend to spend your time?
- gallerdude 9y agoUm, I just like doing my own thing more than doing what other people want from me. Maybe running my own business is the best foot forward. This is a good question, and I’m going to keep thinking about it.
- dakrootie 9y agoHow would you describe your "own thing"? What does a day look like when you're living off the 80k interest? Be as specific as possible. I have a lot of experience in this area. (Obsessed about retirement from about age 22, and set a goal for 30. Did it.) This is a very important question to ponder at the beginning. :) I should probably add why I'm asking this question. I thought all those years I was working my ass off, missing out on so many things in life, and destroying my marriage over this goal that I needed to have the money first THEN realize my dreams. If your dreams are "freedom" and "doing my own thing" you probably don't need $2.2 million to do them today. But I don't know what they are, so that's why I asked. Sure, if your dream is to buy Ferraris and pop expensive champagne every night, you really do need that money. Mine or more simple: traveling practically full time, getting a farm and building crazy inventions on it, etc. I really didn't need a lot of money to do either of these things. For example there are sites like workaway.info where you can go live and work on a farm, or on a beautiful vineyard in France, or in a cool hotel in the tropics, etc. TODAY. There are similar resources for travelers. For anything I could imagine wanting back then, I could've easily achieved by being a little resourceful, creative, and reaching out to those who could help me in exchange for my skills/talents. Bottom line is, you would be amazed at the life you can live outside the mainstream economy. I think it's one of the best kept secrets in the world. I don't regret how I did things entirely, but thinking about this very carefully in the beginning would've saved me a whole lot of heartache and distress. I'm excited for you and wish you the very best.
- gallerdude 9y agoI'm saving this under my important quotes folder, because it's something I'm going to need to think about a lot. Thanks for the insight!
- dakrootie 9y agoMy pleasure. I'm here if you need to bounce some ideas around.