A large percentage of us will only ever achieve financial independence when we reach state pension (or social security) age and retire. Unfortunately, the age at which that occurs is now being gradually increased as life expectancies improve and public finances worsen. Some of us will be more fortunate than that. We’ll use our employer’s pension and maybe the tax benefit of ISA’s to retire a few years early. Unfortunately, the benefits of employer pensions are also being gradually eroded as defined benefit pensions go the way of the dodo and defined contribution schemes become the standard. To make matters worse globalisation and other inflations are preventing earnings from increasing at any meaningful level. Combined this means our financial independence dates must get closer and closer to state pension (or social security) age which is getting later and later in our lifetimes. Depressingly some of us will also never make financial independence as we’ll die while still working and others will make it because ill health will force us onto a life of benefits.
Back in 2007 I decided that none of those routes were very attractive and went a different way. A way that I have seen very few travel. I built and executed on a plan that changed the way I thought about work, how I lived and how I invested which enabled me to build a seven figure pound sum in less than 9 years enabling me to be early financially independent and financially free in my early 40’s. This book shares the tools and techniques behind that plan and then goes on to share how I physically applied them. It covers both psychological and quantitative elements. It covers saving, investing and how to recognise when you have enough wealth amassed to mutter those liberating words ‘I’m now financially independent’.
Back in 2007 I decided that none of those routes were very attractive and went a different way. A way that I have seen very few travel. I built and executed on a plan that changed the way I thought about work, how I lived and how I invested which enabled me to build a seven figure pound sum in less than 9 years enabling me to be early financially independent and financially free in my early 40’s. This book shares the tools and techniques behind that plan and then goes on to share how I physically applied them. It covers both psychological and quantitative elements. It covers saving, investing and how to recognise when you have enough wealth amassed to mutter those liberating words ‘I’m now financially independent’.
