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submitted 1 year ago by danileonis@lemmy.ml to c/antiwork@lemmy.ml

What's your plan to achieve this objective?

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[-] yote_zip@pawb.social 8 points 1 year ago

One of the more realistic answers that isn't a get-rich-quick-scheme is to invest your capital and retire early, aka "financial independence". If you're young and don't have a super low salary, you can invest as much as you're able into index funds every year and still retire way before 65 (even with a salary of e.g. 50k). It takes commitment and a little bit of frugality though. On a semi-related note, "LeanFIRE" describes an even earlier retirement where you retire with just enough to live off of, and probably make some concessions in return for retiring sooner.

Not a very "immediate" answer, but if the thought of working yourself to death your entire life is the primary concern, then this is an early way out.

this post was submitted on 27 Oct 2023
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Antiwork

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