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Work To Build Systems
Retirement at thirty really is not such a difficult concept. People think it is, because they are used to the concept that you must be old in retirement. Also, they think about retirement in the wrong way. They figure that they must save up a bunch of money which they will live off of until they die.
This is probably the worst way to go about it. It will take you forty years to save up this kind of money, but it could take you less if you make a high salary and you lower your standard of living during retirement.
Do you want to see a better way? Examine your work. What are you getting from your work? Probably just paychecks. Are you building anything? No! Instead, you are shaving off pieces of these measly paychecks year after year, all the while hoping that you save enough by the time you are too old to work that you have enough money to live on until you die.
What if you were building something that whole time, say, your own business, which could be a company or a group of investments? You could retire within a few short years! Why? You will have an income that comes in automatically. This is what retirement is all about; retirement is freedom. Retirement is not living off a pile of money.
If you want to be rich, you can keep building these systems. However long you do this process of building is however rich you are going to be. Within five years, you can build a big enough of an income to live a decent life. If you work more, you will be able to afford a higher standard of living forever.
Really, what we are talking about is something everybody should be doing. Go to school, to go college, build assets. It is the next step after college, build assets until you are free. Then, you have your whole life to live to do whatever you please. This does not mean that you will sit around, doing nothing. This means you are free to work on what you want.
Humans naturally want to be productive, so we will not have a bunch of people doing nothing. Imagine a world where everybody is financially free to engage in work that they love, where nobody is trapped in a job they hate. Just imagine the productivity that will be when everybody works a job they love!
Cody Scholberg, an expert author on finance, writes about money making ideas and ways to make money with MLMs.
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