Financial freedom to keep it simple - your passive income (generated by your assets be it investment income, rental income) should take care of your life style expenses. Everyone should focus on achieving financial freedom; it might take years to achieve financial freedom but much better than not achieving it throughout life.
Financial freedom is pre-requisite to retire. If at retirement you are not financially secured then you should depend on others (relatives, kids, government) or compromise on the quality of life. You will be able to achieve financial freedom only when you can generate passive cash flows that would take care of your life style expenses.
So basically you have to build up your asset base during your working years. The faster the asset base grows you would be better financially; so you need to make your investment decision focusing on growth.
Remember,
The only person who will take care of the “OLDER YOU SOMEDAY” is the “YOUNGER YOU TODAY”
Get in touch with us today so that you reach financial freedom before your retirement