What Is Your Definition Of Retirement?
September 7, 20234:19 pm
What Is Your Definition Of Retirement?

Re-reading “The Almanack” by Naval Ravikant – this passage always makes me think.

⁣⁣What is your definition of retirement?

⁣⁣Retirement is when you stop sacrificing today for an imaginary tomorrow. When it is complete, in and of itself, you’re retired.

⁣⁣How do you get there?

⁣⁣Well, one way is to have so much money saved that your passive income (without you lifting a finger) covers your burn rate.

⁣⁣A second is you just drive your burn rate down to zero — you become a  monk⁣⁣

A third is you’re doing something you love. You enjoy it so much, it’s not about the money. So there are multiple ways to retirement.⁣

*Not Financial Advice⁣⁣⁣
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