How much money will you need to retire?

Every day you get up early in the morning and go to work, sometimes you work 8-9 hours, 5 days a week completing 40-45 hours a week. Either you are employed or you are self-employed.

My questions are,

1. What impact does your work create on the life you want to live?
2. What are your reasons for choosing the job you are doing now?
3. Do you want to continue living from Check to Check?
4. How much money do you need to withdraw?
5. Are you really seeing your end from the beginning?

The above question needs to be answered by you, but before I start answering these questions, I need you to understand the facts below.

In a civilized society, no human can deny the fact that money is important, moreover, nothing can take the place of money in the area where it is needed.

No matter how much you feel that money is not important, remember, money will buy your home, money will put good food on your table, money gives you proper education and information, money moves the wheels of your career. Although money is not everything, it is necessary to earn it and circulate it.

Just a short story. A man worked in a financial institution for many years and could not manage his finances, but he traveled to many parts of the world and got a huge loan and built a mansion. He kept telling people that his house is his asset, but when he retired, he used his benefits to repay all the loans he took out and was left with only the mansion he built and $5,000. His children are in very expensive schools, he needs to dedicate himself to some other business to maintain his life, how much will his investment capital be if he decides on any business? This is the same with many people today.

Start thinking about how much money you need to withdraw.

You can tell what will become of this man in the next 5 years after his retirement.

The only way to retire with the most money possible is by working on your financial intelligence.

That is what we call “FINANCIAL MASTERY”.

The subject of money is a lesson that you cannot learn from school, start training yourself NOW.

Leave a Reply

Your email address will not be published. Required fields are marked *