Estate Planning as a Career

First things first. Financial Freedom is really just plain old freedom to do all of the the things you want to do in your last article I discussed what I believed to be some of the definitions of financial freedom, but I would like to briefly delve into what actual freedom is, or what it feels like. I am sure that many of you think you know, but I guarantee you have forgotten the feeling. I realized this for myself when I was watching my son play at the park and I couldn’t help but feeling enamored not only by the joy he was experiencing, but more because he was experiencing it in such an undistracted way. It’s probably been a long time for many of us since we’ve been able to go out to dinner during the week and not think about work, or go on vacation and not think about our financial lives; probably because we are thinking about how we can have the money to make our lives more like the vacation. So, in a nutshell the concept I am trying to propose is “joy without distraction”. When is the last time you felt this for longer than a few hours at a time? This single concept made me think from a financial perspective how a successful, active adult of any age could experience a life full of joy without distraction. One of the main conclusions is that having enough predictable passive income to take care of your day to day life, extracurricular activities you desire, and the ability to add to your principal to keep up with inflation gets us to financial freedom and the ability to maintain it on an ongoing basis. If this is starting to sound like joy without distraction then the next step is finding out how to get it? (Assuming that an individual must be responsible enough to know how much it costs them to maintain their lifestyle)

The following rules are a good start to making this happen:

1. Double digit returns

2. Capital preservation t (more…)