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Old 10-15-2006, 06:24 AM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,625
Quote:
Originally Posted by KRL View Post
I don't recommend fulltime retiring young or old.

The best thing to do, if you want to head that way, is to just allow your schedule to include more R&R time for things besides business.

I think it's much better for your health and stamina, and your business, to keep working until you no longer can physically. Working hard keeps you going and competitive. It's like being on a sports team and keeps the spirit energized.

From a money standpoint, retiring means you'll miss out on lots of new opportunities because your eye will no longer be on the ball.
You always have good stuff.

My goal is more to generate a passive income of the size that worrying about next month's good or bad moves would disappear.

I have noticed that with a larger income I have less drive. But I think if I freed up the time my drive would come back.

In just writing this, I see I might be focused on the wrong thing.
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