What Will I Do When I Get $2 Million?
To me it seems obvious, to others its a total mystery. What will you do when you become financially free?
I believe my goal of a $2 million net worth will allow me to continue to live a moderate middle class lifestyle (assuming many things including modest inflation) for the remainder of my life, given the right investment strategy. Nothing extravagant, but enough to get by. To me this is an important goal because I see my life being much more than my hopefully shorter than average working career at my employer.
People often ask what I plan on doing when I become financially free. Truth is, I don't immediately expect to stop working, but rather begin a longer term shift in my priorities and focus areas. Work/income generation should begin to play a significantly less role in my life and I hope to begin focusing on other things I want to accomplish in my life that are important to me.
Given the freedom of being able to hopefully sustain my family on my net worth, I would be free to pursue activities without having to be largely concerned about the financial impacts (ie the pay or lack there of wouldn't be a factor). Maybe that means starting another business, becoming a teacher, being a full-time parent, becoming a full time volunteer or a bit of each.
I don't know yet just what I will be doing once I reach my goal. Whatever it is, it will be something I'll be looking forward to over the next couple years.
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