"The smartest financial move I ever made was to stop contributing to retirement savings. It may sound counterintuitive, even reckless. Dave Ramsey would have stress dreams about this article, but it may be time to get a divorce from your 401(k). Here's the truth: You actually don't need millions to retire. Those retirement calculators love to spit out impossible numbers: $3 million, $5 million, sometimes more. Numbers so big they make financial freedom feel like a five-decade slog."
"Here's the part they leave out. Most people following the "save for 40 years" script never hit those numbers. They keep working and waiting, but they're aiming for a moving goalpost. And this isn't about only money. It's about decades of your life you don't get back. The real shift isn't stockpiling a fortune someday, but creating passive income now. You don't need millions. You need cash flow. Changing your perspective on that changes everything."
Many retirement calculators output multimillion-dollar targets based on conservative return assumptions, making retirement feel decades away. Most people following the "save for 40 years" script never reach those numbers and keep working toward a moving goalpost. Retirement is not only about accumulating a large nest egg but about preserving decades of life. Building passive income and cash flow now can replace the need for a multimillion portfolio. Prioritizing cash flow over stockpiling wealth allows earlier freedom and reduces dependence on uncertain market returns. Retirement calculators often assume mediocre returns, which inflates required savings and misleads planning.
Read at Fast Company
Unable to calculate read time
Collection
[
|
...
]