|My 29 Year Old Goals (when I started Networth Share):|
Goal #1= $1,000,000 networth on paper by age 35.
Goal #2= Self employment by age 35.
Goal #3= $10,000,000 networth by age 40.
Now I'm looking at more passive investments that produce cashflow (rental properties, businesses, commercial properties, etc). In the inflationary environment we are currently in, I believe real estate will continue to perform well as fixed debt is low, and rents continue to rise.
It is my goal to add 1-2 rental properties per year until I have enough properties to pay for my monthly expenses.
At that point I will be technically retired, but at the moment, do not want to stop working - just have the choice, and ability, to do what I would like.