Equity investing is a long and a lonely journey. And its filled with periods of emotional turmoil during sharp market crashes. So being a full time investor has its own set of problems.
Usually during bull markets a lot of people aspire to become full time investors, and start dreaming of financial freedom. Nothing wrong with this notion, but there are some factors to consider.
Personally I enjoy full time investing because I have a lot of other hobbies that keep me busy. But that may not be everyone’s situation.
Planning to retire at the age of 30 has its own set of problems. It’s the age when people get married and settled in life with kids and all. From that age onwards, expenses are expected to keep going up for many years to come. So all these factors have to be kept in mind while planning early retirement in the 30s.
Plus any occupation has its own honeymoon period which may last for different years for different people. So we also have to think about potential burnout even in fields of investing after a period of time.
And besides this the crux of the whole equation is about having a starting capital and generating enough returns to keep the life journey going at expected living standards which often are pre set.
I have ennumerated the various aspects to consider while planning early retirement and planning financial freedom. Hope it helps you.
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