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“The question isn’t at what age I want to retire, it’s at what income.” – George Foreman
Foreman shifts the focus from the age at which we retire to the income required to retire comfortably. The key to financial independence is not just how early you can stop working, but how much income you need to live your desired lifestyle.
Start planning for retirement by considering how much income you need to sustain your desired lifestyle. Don’t just focus on saving a specific amount of money; focus on building income streams (such as investments or businesses) that will generate consistent revenue during retirement.
