To be financially free, you can plan to have a corpus which can be invested in such a way, that it can earn you a salary every month without you having to do anything else. And you need not wait till your retirement to follow your passion.
After my last post on “The Secret to Build a Comfortable Retirement Income or Passive Income”, I received questions from some of my concerned readers. They said, “We don’t have that kind of money to invest right now to generate passive income. What should we do?”
There is a lot of hype around building a retirement income or passive income these days and there are a plethora of schemes shoved down the throat of gullible senior citizens. This secret can also be used by younger people who want to generate a second passive income in addition to their regular income.