Reaching the lofty goal of financial independence comes with some secret advantages. Early retirement and success coupled with wealth allows you a freedom few can even imagine until it is reality.
What is this secret advantage no one is talking about, not even personal finance bloggers? Freedom to spend what you want and when you want, PLUS, you never have to get paid ever again for any work you do or from investments you have!
Just think of it. You work hard and save until you have 25 times your spending in liquid investments. Under the 4% rule you are ready to cash in your ticket. Since you have money you can turn on the spigot and splurge because you deserve it.
Even better, you can undertake all the things you enjoy while hearing people tell you you shouldn’t be paid for your services now because you not only enjoy the work but already have enough money.
The same rules apply to investing. Stocks you own can keep the dividend. Your renters should get a pass this month because they needed to buy a new boat more than you need the rent payment.
Ah, yes! Financial independence is awesome. No worries and a carefree life. Nothing stupid to mess up your day like getting paid for your side gig.
Or maybe not.