All of our young medical and dental clients aspire to financial freedom in their 50’s, which basically means that
you have repaid your home loan and other bad debts,
you have funds to support your children’s education,
you have accumulated a good amount of investments that will continue to grow, and
you no longer have that pressure of having to work full-time and be stressed about having to make up insufficient retirement savings.
It doesn’t mean that you will retire early, it just means that you will have better lifestyle options.
In this video from the Medico CFO suite of videos, I talk about what options you may have later in life to transition into other professional areas.