Once again Scott Burns has written an excellent article for those of us wondering how we can be financially free in retirement. In this article, Scott talks about what it means to be a retired person of independent means. The good news for baby boomers is that it may not be as difficult as you think. The bad news is that the reason it may not be so difficult for us is that we are going to be dead sooner. Burns fiendishly calls this the “upside of death.”
I like where Scott Burns is taking me with this vision. I plan on following this path of study a little more.
While you are thinking about your retirement income expectations, be sure to pay a visit to the Carnival of Personal Finance.
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