The goal of the End Game is to accumulate enough wealth for you and your family to stop.
Having enough is more important than having more. If you've reached enough, you don't want to be gambling for more. Stop putting your wealth at risk. Stop the gambling and risk taking with investments of any kind. You would finally have enough money and personal power to walk away from the investing game and spend the rest of your life doing something else!
When exactly do you reach the End Game?
When you have enough principal invested safely for your after tax-income to match or exceed your annual expenses on an ongoing basis. This would include budgeting for the lifestyle you truly want.
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So I reach there on time and on target or will I be late? Tomorrow is the new beginning ....
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"Human beings, by changing the inner attitudes of their minds, can change the outer aspects of their lives." - William James
Posts
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Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
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