Pick 2 correct statements about financial independence.

Question

CHOOSE 2
Being financially independent means that you have enough assets and passive income to cover your expenses for the rest of your projected lifetime

Being financially independent means that you earn enough income from your work to cover your current expenses

Being financially independent means being able to sustain your current lifestyle for the rest of your life once you retire

The amount you need to become financially independent is the same for every person

Answer 1

The two correct statements about financial independence are:

1. Being financially independent means that you have enough assets and passive income to cover your expenses for the rest of your projected lifetime.

2. Being financially independent means being able to sustain your current lifestyle for the rest of your life once you retire.