Anyone who has experienced failure has also had to deal with
the spectre of giving up. As the saying goes ‘nothing worth doing is ever
easy’, after all if it was everyone would be doing it … and crushing it.
But we know things are hard. We fail forward. We learn valuable lessons from setbacks and there are those that pick themselves up and keep going while there are others who throw in the towel.
The gross value
Previously I asked the question of how much it takes to
retire early. This same question also is how much it takes to become
There were a range of answers all the way from a retirement
pension that only provides $24,268.40 per year, through to a real case where
the money target was $384,000 per year.
Using average figures along with a multiplier of 2.5 I
rounded up to come up with a number of $150,000 per year net.
So what does $150,000 look like?
What is retirement?
When most people think of retirement the first thing people tend to think about is the freedom that comes with not having to go to work each and every day. Taking this further the vast majority of people ‘want’ to retire early, but very few dare to explore the options available to make the dream a reality, until time is heavily against them.
But retirement usually has a few common factors namely, having enough money available to support their quality of life without needing to work for more.
What is success? Getting past ‘Selfish’
The whole idea of personal success is an abstract idea.
Namely everyone has a different definition and more so the bigger your goal the
more likely you are to either feel selfish about it or worse, have people
around you tell you you’re selfish and try to beat your dream to death before
it even has time to drop roots.
Unlike most people I’m ‘Pro Dream.’ Why are dreams bad? They’re not! Why are ambitious goals bad? They’re not. After all if you’re employed by … anyone the chances are you’re part of someone else’s dream. See how easy it is to dismiss the evil rationale?
School and Life Decisions
Do you know that you’ve been setup for financial failure? It’s
a confronting question that not many people would want to say ‘yes’ to. However
since your earliest years this is exactly what you’ve been prepared for, and
you don’t even know it. Here are the reasons why.
The first place that sets you up for financial failure is the school system. As confronting as this may be, the school system simply prepares you for more schooling and only at the very end does it prepare you for entry into the workforce as an employee and this is only at the technical level.