Forget Net Wealth, Think Income Producing Wealth Net wealth is often bandied about as the primary measure of wealth. It’s the reason to give yourself a big pat on the back if it’s a pretty big number. The problem though…
If you would like to reach early retirement, it’s worth asking the question, why? I think the best reason for early retirement is so you can continue to give yourself to your passions, without the need to be paid to do it. I’m not a believer in retiring to nothing, but retiring to something of worth and significance to you and others. But let’s assume you’re headed in the right direction and you want to be free of the necessity of paid employment. Here’s the steps to take to plan to get there.