Editor: Crass Cash
When looking to retire extremely early look at cash flow not assets. You can look at assets to compare the rate of return but as my step dad says, "The utility company doesn't care about what your net worth is."
Have a goal of income from investments and strive for that. When it surpasses your expenses, you're free! It would also help to have some extra cushion depending upon if there's a disturbance in the cash flow like for instance the rent checks stop coming in or the stocks you own lower their dividends. Understand? Have a wide MARGIN OF SAFETY!
Have a goal of income from investments and strive for that. When it surpasses your expenses, you're free! It would also help to have some extra cushion depending upon if there's a disturbance in the cash flow like for instance the rent checks stop coming in or the stocks you own lower their dividends. Understand? Have a wide MARGIN OF SAFETY!
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