No such this as Financial Independence

All the hype you've heard on the net about financially independence is malarkey. By definition, Financial independence is a term generally used to describe the state of having sufficient personal wealth to live indefinitely without having to work actively for basic necessities. So how can you achieve this...well you achieve this when your income exceeds your expenses. There is a calculator to help you reach this ON YOUR OWN with the current shit job you have now!

Years until FI(financially independent) is equal to [(yearly expenses over withdrawal rate) minus net worth] divided by your (earnings after taxes multiplied by the percentage of your savings).

Average American earns a wage of $35k/year, with yearly expenses of $20k, paying 25% taxes, with a savings rate of 5%, a net worth of $1000, and withdrawing 4% per year can expect to be financially independent in about 380 years.

By seeing this we realize that if you decrease your yearly expenses and increase your net worth + savings deductions, you can reduce this number by over 350 years.

Hmmm...I guess there is a such thing as financial independence, but not by route of what you are currently doing. As a business owner and a 9 to 5 worker, I realize I spend more time working when I am building my business than a 9 to 5. The only difference is, I can work and be with the family at the same time.

While I continue to search for ways to achieve that financial independence I invite you all to search for that one thing that will generate PASSIVE RESIDUAL INCOME, for example I am building a portfolio of dividend stocks.