Do you need a financial advisor or financial planner? I retired at 41 and truly believe it's possible for you too with a little education.
One afternoon, I called my financial planner and told him I would no longer wire him my money. Furthermore, I would be transferring all of my money out of his firm and into accounts at Vanguard, and I would be managing my financial investments from now on. Now how do you think he took to that? His exact words were, "you'll be back." I felt so disrespected. "I do have a Ph.D.!" I told him. We ended the call, and I was on a mission to become financially independent by 45 years old. And guess what, I quit my full-time job at 41 years old!
I know this may sound scary if you’ve never invested before. You may be thinking, “I can’t afford to lose any money” or “I don’t know where to start.” You can reach your goals with education, positive money affirmations, and experienced people by your side! You have to get started!
Is it even possible to become financially free? Is it possible to have all your expenses covered from capital gains (real estate, business, stock, bond, or equity investments)? It’s possible to live on less than you make and invest the rest. Not everyone can do it, but many of us who make average salaries or more can do it.