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Building Cash Machines
Many people think that you retire when you are old; they think that retiring at a young age, like thirty, is an impossible or highly improbable thing to be able to do. This is perfectly natural, for retirement to them is living off a pile of money.
This is a ludicrous outlook on retirement. To save up enough money to live off of will take almost an entire lifetime! No wonder people think you will be old when you retire! Some people have very lucrative jobs and live frugally, so they can afford to "retire" this way at a younger age, but it still takes a very, very long time.
To see a better way, you must first look at how you are working. What does your work get you? Paychecks. That's it. Paychecks. You are not building anything. So, you scrimp pieces of paychecks off and hope to accumulate enough by the end of your working years that you can live 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.
So, what determines how rich you are? It is how long you do this process of building something that determines how rich you are. You can make enough to retire and have a decent life within five years, or you can work more and make enough to retire at a higher standard of living.
Really, what we are talking about is something everybody should be doing. Go to school, to go college, build assets. It is the next step after college, build assets until you are free. Then, you have your whole life to live to do whatever you please. This does not mean that you will sit around, doing nothing. This means you are free to work on what you want.
People, when given the opportunity, will be productive. It is natural. Can you imagine how wonderful the world would be if everybody was free to work the jobs that they loved? Oh, the productivity that there would be!
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