2 ms·
I'm curious–how old are you? And ... how confident are you that you'll have enough recurring revenue to cover living expenses at your preferred retirement age?
by callmeed 16y ago
I'm curious–how old are you? And ... how confident are you that you'll have enough recurring revenue to cover living expenses at your preferred retirement age?
I ask because I'm considering options myself.
- jaxn 16y agoI am 33. I currently have almost enough passive income to live. My income comes from retail stores. I am not real confident that they will last another 50 years. What I am able to invest now is my time. So I spend some time on expanding and diversifying the existing business and some time swinging for the fences with technology. So far I have struck out a couple of times :-/ I don't know how confident I am that these stores would last until retirement age. So my focus is on growth and diversification. Edit: I should say "mostly passive" income. I am still involved.