To me financial independence is about being able to live my life the way I want to you without having to worry about working every day to be able to pay my living expenses. It doesn’t necessarily mean I will stop working completely though. It just means that I won’t be forced into continuing to work beyond when I want to.
For me the perfect day of financial independence would be able to wake up on my own (no more 0330 wake-ups every day!), have breakfast, and review the news and some of my favorite personal finance blogs. Then do a little investment research for my portfolios, head over to my place of business to ensure everything is running smoothly (what type of business yet, I’m not sure, it’s still a way off 😉 ), and then spend the rest of the day doing whatever I feel like. There are several hobbies that I would like to try such as photography, woodworking, and focus more on writing. I’ve always dreamt of writing my own novel and being financially independent would allow me the time necessary to actually crack down and get it done.
So here are some of my long-term goals, including F.I., those that will take several/many years to accomplish. I will be posting my short-term goals for 2014 soon.
-Become financially independent by age 40 (2032).
-Open my own small business by age 30 (2022).
-Publish a novel.
-Take a summer (maybe a whole year?) once I’m F.I. and go on a huge road trip across the U.S to visit all 50 states.
-Complete my Bachelor’s in Business Management by age 30 (2022)-currently taking 1-2 classes per semester with 3 completed.
There, I’ve put them down in writing (and sharing for the entire world to see!) to hold myself accountable. I’m going to track the progress of all of these goals here on the SFZ Blog so be sure to bookmark the site and check it out regularly. Hopefully SFZ will still be around when I’m accomplishing all of these in the future ;).
What do you think of my long-term goals? Do you share any of the same ones and what are you currently doing to accomplish them?