Educating yourself on achieving financial independence starts with financial literacy. One of the key aspects to achieving financial literacy is not only to learn from experts in the field but question old and tried methods and explore what financial independence means to you. While investing in stocks and bonds can be one form of financial investment, there is a growing need to diversify into other asset classes such as real estate. Zach Holz of finance blog The Happiest Teacher shares some of his insights here.
One of the key issues with retiring is the question of outliving your money. This is also known as Longevity Risk and is especially important