Dentists Who Invest

What Is Your Definition Of Retirement?

The Almanack by Naval Ravikant explaining his definition of retirement

Re-reading “The Almanack” by Naval Ravikant – this passage always makes me think.⁣

What is your definition of retirement?⁣

Retirement is when you stop sacrificing today for an imaginary tomorrow. When it is complete, in and of itself, you’re retired.⁣

How do you get there?⁣

Well, one way is to have so much money saved that your passive income (without you lifting a finger) covers your burn rate.⁣

A second is you just drive your burn rate down to zero — you become a  monk⁣

A third is you’re doing something you love. You enjoy it so much, it’s not about the money. So there are multiple ways to retirement.⁣

*Not Financial Advice⁣

Disclaimer: The content on this blog is meant for informational purposes only and does not constitute financial advice. Readers should seek guidance from a professional financial advisor before making any investment decisions.

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