Working to Build Businesses
Retirement at thirty really is not such a difficult concept. People think it is, because they are used to the concept that you must be old in retirement. Also, they think about retirement in the wrong way. They figure that they must save up a bunch of money which they will live off of until they die.
Unfortunately, this is the worst way to go about retirement. If you want to save up enough money to live on for the rest of your life, it will take almost a whole lifetime! It could take you less, if, for instance, you have a very high salary and live very frugally. Still, though, it takes a tremendous amount of time.
Do you want to see a better way? Examine your work. What are you getting from your work? Probably just paychecks. Are you building anything? No! Instead, you are shaving off pieces of these measly paychecks year after year, all the while hoping that you save enough by the time you are too old to work that you have enough money to live on until you die.
What if you were building something that whole time, say, your own business, which could be a company or a group of investments? You could retire within a few short years! Why? You will have an income that comes in automatically. This is what retirement is all about; retirement is freedom. Retirement is not living off a pile of money.
To retire rich, all you have to do is keep building these systems. As long as you spend building your business is as rich as you are going to be. Within five years, your business can be large enough to generate an income to live a decent life. If you want a higher standard of living, build a bigger business.
This should be the next logical step after college. You go to school, and then you build an income. Once that is done, you are free. The rest of your life is yours to do whatever you please. Retirement is not about doing nothing. It is about the freedom to do what you love.
Humans naturally want to be productive, so we will not have a bunch of people doing nothing. Imagine a world where everybody is financially free to engage in work that they love, where nobody is trapped in a job they hate. Just imagine the productivity that will be when everybody works a job they love!
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