Financially free - what’s your source of income look like?
When it comes down to the magic number for people planning for financially independent, it seems that they will work backward down to cash flow vehicle to get there. For example, if you want 10k/month, then it means you’ll need 50 doors if each cash flow $200/month (leaving tax out to simplify).
Perhaps this is enough to get people started, but I feel the reality is different. You have more than one way to get return on your money. House gets paid down, compound/snowball effect, tax treatments, retirement accounts, etc.
For those who are financially free, could you share what’s your cashflow investment/business mix look like? How many % are in what, what are the returns?
Thanks!