Following destined_for_millions’ thread about how long it took people to build their property portfolio, just wondering what people do after they have their financial freedom. For myself I can retire from my JOB tomorrow, but because I am still in my forties I will quit this job and do something more interesting. My questions are :
1. How long it took to achieve financial freedom.
2. How long ago and at what age.
3. What do you do after : change career, run a business, lying on the beach etc.
Waiting in anticipation.Originally posted by setmefree:
1. How long it took to achieve financial freedom.
Hmmm…since I was 11 and working after school (many many moons ago).2. How long ago and at what age.
I retired from the “paid” workforce in 2002 aged 39. I set my mind to retiring before I turned 40 and I did so (just months short of my target)3. What do you do after : change career, run a business, lying on the beach etc.
No I ran a (very successful) business just prior to retiring, an achievement I am proud of but which I don’t envisage doing again. Being your own boss has it’s perks but you can (and often have to) work longer than if you were working for someone else.I once thought that retiring meant all those “lazy” things; lying on the beach for days/weeks, skiing the alps for months, and generally bumming around. And at first this is what you tend to do, but after a while it gets boring…..so the next best thing is to go to work because you want to, because the time you put in means something (other than profit) to someone.
I started off volunteering out of boredom, but soon I found I was working harder and longer hours, not out of necessity but because it changed lives!!! For me, seeing positive results that makes people happier and healthier is my ultimate reward.
We all get there, in our own time, and at our own pace. And it doesn’t matter how you get there, but how you live your life while you are travelling towards that destination. [medieval]
Cheers, [sunny]
Jo
>>>>I started off volunteering out of boredom, but soon I found I was working harder and longer hours, not out of necessity but because it changed lives!!! For me, seeing positive results that makes people happier and healthier is my ultimate reward.<<<<
Jo,
The happiest people I know, all give of themselves…not just money, but their time in helping others.
I have been asked “what’s in it for you”. But these people haven’t discovered lifes little secret- as you have obviously discovered.
‘onya
Awwww shucks [blush2] thanks Wayne,
Yes as I said, initially it was all about breaking the boredom, but once you really get into it there is no looking back. I can’t recommend highly enough, that at some point, everyone should try and volunteer some of their time to helping others; it is very life changing for all involved.[biggrin]
Cheers,
Jo
Monopoly,
You sound like Robin Hood!
Spot
Nah, I’m not keen on green tights!!! [biggrin]
I’d done everything I’d wanted to do in my life by the time I reached 30. I had a fantastic career, quite a few investment properties and that was my life. Then I had kids(which was probably the best thing I’ve ever done as they bring so much enjoyment to ones life), my marriage fell part and I lost 1/2 of what I’d worked so hard for in the divorce. I started again as a single parent, with my kids being my first priority in my life and started my own business in finance broking which has grown and grown over the last 4 years. I also met the new man in my life in the process and moved interstate.
These days I don’t measure my life by what investments I have and what I’m earning, I measure it on how happy my kids and I are, and the fantastic lifestyle we have these days, because I was prepared to take some chances over the last few years.
I’m a big believer that there must be a nice balance to ones life. You must enjoy today,because you could get hit by a bus tomorrow, but you must also invest for the future, because you need to be financially independant asap and I don’t want to be relying on pensions etc when I retire(they won’t be around then).
I don’t have to work these days, but I do it because I love helping people.
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
Thanks Jo & Kwilko for sharing a bit of insight on
life on the other side of the hill. I always imagine life will be much more enjoyable after gaining financial independence as I am not forced to do something that I don’t enjoy. It will be good if we can hear stories from other people
as well.
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