This is the framework that we will be using for our financial independence plan. Please follow along each week as we work through each of the steps. Just like with any long term plan both this framework and the topics discussed will be continually updated as we go.
- What does Financial Independence mean to you and why do you want it
- Determine your current state (You are here)
- Define your end point
- List your expected future cash flows
- Calculate your expected Financial Independence number and date
- Figure out ways to shorten the time frame
- Make your money work for you
- Create a withdrawal strategy
- Maximize your happiness after achieving Financial Independence