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A situation where an individual has attained enough assets or income streams to never have to work a job for the rest of their life. This can be done through asset accumulation in real estate, business, or financial investments.
"My next door neighbor was intelligent with his money. Instead of buying fancy consumer goods, he saved his money and invested it wisely, now he is enjoying a life of financial independence."
by SlickWill June 13, 2016
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