Financial Freedom is the endgame of most if not all investors, including myself. To be able to live the lifestyle that you so desire on the passive income of your investment portfolio and never having to work again is indeed an attractive proposition.
Financial Freedom allows us to be the masters of our destiny and designer of our own lives. However, there is a misconception amongst most young investors that one would require huge amounts of capital (i.e. above a million) to be able to live comfortably on the passive income the capital provides. Hence, I would like to shed some light on how much capital would we actually need to achieve Financial Freedom. All we need is 2 inputs:
- What is the annual cost of your desired lifestyle?
- What is the average yield of REITs?
To find out how much capital you need to achieve financial freedom, you …