In Australia, its Bureau of Statistics explain that at age 65 the population breaks down in this way:
- 1% of the population at age 65 is what realistically could be considered as “financially independent”
- 4% of the population is what could be termed as “rich” means they have enough money and/or investments to live a comfortable life without working
- 96% of the population is either dead, financially broken, depending on insufficient pension, or depending on others (family) to support them
These findings must be good reflection for all of us to project where we will be at our older age. The important question is, what’s the most fundamental difference between people who matured financially and they who does not? Those who are able to achieve financial independence at least at age of 65? The most fundamental thing to convince is that they don’t just live for paying their lousy bills along their lifetime, or to get by, or to survive, or to make it through the day. Along their lifetime they very well design and build a life that they really want, rather than most who try just to make a living.
They design it very well sophisticated, ultimately exciting, well defined, in details, in measurable terms, even not only in exactly what they want to achieve, but much higher than that, they have important pillars, the values they should hold along their life’s journey of achievement. They hold that well designed blueprint, they believe on it, they run it through the days, they fix what does not work well, they improve the ways to achieve, and they will never quit until all of those ultimate goals are realized. They always open their mind, learn from the bests, and become persistently bold on actions every single time. They have chosen to commit for themselves a life time, what kind of living that they want and who they really want to become.
As Jim Rohn ever said:
“Don’t set your goals too low. If you don’t need much, you won’t get much.
Don’t borrow someone else’s plan. Develop your own philosophy and it will lead you to a unique place.
Don’t join an easy crowd. Go where the expectations and demands to perform and achieve are high.
Don’t just let your business or your job make something for you, let it make something of you.
Don’t just read the easy stuff. You will never grow from it.
Don’t spend most of your time on the voices that don’t count. Tune out the shallow voices so that you will have more time to tune in the valuable ones.
Don’t wish it easier, wish you were better.
Don’t wish for less problems, wish for more skills.
Don’t wish for less challenges, wish for more wisdom.
Don’t take the casual approach to life. Casualness leads to casualties.”