I have seen in the Brazilian and American blogosphere that really the subject that is most searched, planned and commented on is such financial independence, early retirement, financial freedom among other names that mean the same thing, live without depending on your work, with your style Paid with their investment income. It’s cool, what if you can not?
How many calculations, how many hours, how many simulations, how many basic contents you must have already done to reach the magic number? I’ve done it, and every time I do I almost regret it because it’s always so much more than I imagined and I see that although my walk started in 2009, today seven years later I see that I only walked a third of the road I wanted, If it were not for compound interest this would take almost 21 years, a lot of work, frugality, kettle, cheap leisure, much resignation and standard of living far below what I could have.
If it’s worth it, what if it’s worth it? I have no doubts. Today I see that despite a difficult beginning things are getting better with each passing month and that the tranquility is increasing month by month. The beginning of the road is very bad because you depend exclusively on your contribution and in the first three years the proceeds are so ridiculous that a small holiday trip is enough that you have spent all of them.
What I want to say here is that like so many things in life, LF will not come to everyone who seeks it. It’s like an Olympic medal, there are hundreds of athletes trying, only one can, with the detail that are almost endless medals and that you just keep the plan that one day your time will come. There are 100 people running in the LF marathon, 50 are in the middle, 25 change their minds, 20 find another way to live and 5 arrive at the end or very near the end. But let’s face it, all the 100 who set out to run are in front of MILLIONS who have never even thought about this race.
The hundred who are running basically have zero debt, do not pay interest, most have their own house and are retired, have an emergency reserve, have already agreed with their spouses and have adjusted the lifestyle and goals of the house, receive dividends and profits all year round Who help reinvest or pay house bills, can continue to slow down, but they will still be running, are more protected from systemic crises, unemployment, and unforeseen events than others. So one thing is for sure, it’s better to get into the race than to stay out of it.
Unfortunately our life is limited in a few years and depending on the contribution and growth of the amount will not give to achieve full LF, but do not see this as a problem, the problem is even imagining the situation of “it’s either 8 or 80”, “Or goes or splits,” “FF or death.”
We can not be blind in this, it is necessary to live, to conciliate leisure, family, hobbies, sports, friends, trips and everything else within the plan. You can not live like a poor man and die rich. I wrote about it here at the beginning of the blog and posted a notebook note that I found in a forum that was very cool. The post was this:
And then, as in public competitions, we know that several people get in the way, change their minds and do something else. Trying to reach LF is the same thing, the percentage of withdrawal is high, many blogs have already come and gone, and with them the dreams of their authors, I hope to stay here with the dream-lit and get the LF yes, maybe if a The day I leave here is because I think I will have given up, although I find this VERY improbable.
So what do I want to say to you, the noble reader who is here: Do not think that if you do not reach LF you have failed, quite the contrary, saving and investing will always be better than nothing, not being a debtor or paying interest to the system already It helps you a lot.
A thousand reais you receive per month will not leave you at FF, but will pay for your gasoline, your internet, your cell phone and your coffee at the bakery. I like to think so, I like to think that I am retiring TO FEW and part of the secret is here. Every month imagine that you retire A LITTLE. You can not retire 100% but can retire 50%, 40%, 25% it is, any money will help in the future, ANY MONEY, and ALL MONEY IS WELCOME.
It is worth pursuing this dream, because all the way is rewarding, between gains and losses, you will feel that the gains compensate the losses, only in having reserves will already be very good, only in not having debts is great, only in winning Dividends and rentals, BETTER. It does not matter if you are going to retire early and “live on income” or if you will never get there, enjoy the way. Reaching LF is a consequence of a long plan and not an end.
I do not see that one day I’m going to stop working because of this, that’s just one more thing, you have to have common sense. I write this because sometimes I see some people getting discouraged, saying it’s impossible (pessimists everywhere) – and pessimism is contagious, you have to be careful not to get contaminated. It’s a pity even if so many people are willing to be pessimistic and campaign for the carpe diem, life is now, I’m going to die and I do not take anything etc and so assume inconsequent and suicidal postures of life.
Last month I received R $ 480 of dividends, this month of August I will receive almost R $ 3500.00 of dividends, this does not leave me even close to the LF, but as I say here, I could pay most of my bills with this, condominium , Internet, cellular, gasoline, supermarket – just to give an example. And so one day these small bills of utilities, transportation, and housing will be just a vague reminder to me because the investments will pay for everything and will still be left.
So friends, have strength, anything is good, all the money is good, NO ONE IS OBLIGED TO ACHIEVE FF, you can only get in the way same, what ‘s wrong? There is no evil, there is no defeat, there is no shame. Shame (internal) is being indebted, paying interest, having no reserves, living stressed and scared of unemployment, walking over the razor line and never hoping for a better day.
You have to live with less than you earn, you have to save, you have to save, you have to learn finances and investments, you have to contribute some monthly value, you have to work harder and better, you have to learn English, you have to PAY your retirement , You have to have an emergency reserve, you have to learn to consume consciously and with responsibility, you have to learn not to make insane debts, not to pay interest, to live your standard of living that your earnings allow. That yes is the basics of the basics, which unfortunately ALMOST NO ONE DOES.
And only in not doing the basics does it come the misfortunes of life, marital quarrels, divorce, illness, stress, depression, isolation, sadness, alcoholism, drug addiction, unpayable debts, family quarrels with children or relatives, and many more bad things that I see and know, and that the common substratum is uncontrollable of finances and debts. That’s why a good financial mattress protects you from various hardships of life.
If, from that one day you live until you reach the time that the LF comes naturally, GREAT, if not you did your part and lived with dignity and responsibility and prepared for the world in which he lives.