Want to retire at 50? Here’s how to make it happen

The next slides outlined a 3-step path towards achieving financial freedom, or independence. I use the terms interchangeably.

Cut The Costs

Let me tell you a SECRET. There’s a few ways for achieving financial independence. But, it’s not about earning more money. It’s about spending less.

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Increase Income

As you are reducing debt payments, the next step is to increase income to generate a monthly surplus.

Invest Your Monthly Surplus

Make it a habit to invest your monthly surplus money regardless of the  current market conditions. Buy stocks, or save the down payment on a  rental property, etc.

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Final Thoughts

The path to financial independence is usually a slow and boring process. Getting rich quick is not the norm.


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