Tag: definitions

MoneyGab Definitions: What does ‘financial independence’ mean?

Financial independence has two meanings. 1. You won’t outspend your saved up resources. 2. The dividends you receive from your investments is equal to, or greater than, your current spending output. That is, you can live off of the income... 
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MoneyGab Definitions: What does ‘retirement’ mean?

What does retirement mean? It means that you have resources for the next 10-20 years. How you choose to manage those resources is your management responsibility/right. You can choose to pursue whichever activity you’d like. But don’t... 
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