Financial freedom and retirement are not the same. Achieving financial independence allows flexibility in decision-making before your 60s. Retirement often involves living off pensions, savings, and Social Security.

While retirement may include investments like 401(k)s or HSAs, financial freedom focuses on accumulating wealth. Planning far in advance is crucial to ensure income exceeds expenses for financial independence.

Financial freedom offers the ability to live life on your terms, pursuing passions without financial stress. Starting early on investments can lead to long-term wealth and the option to retire early, aligning with personal goals and values.

Retirees can choose part-time work or pet projects to supplement income. Financial freedom provides the flexibility to travel, take time off, and pursue personal fulfillment without financial constraints.

Read more at Yahoo Finance: Retirement vs. Financial Freedom: What Is the Difference?