Financial Independence
💡 In plain English: When your investment income covers your expenses — you no longer have to work for money.
Definition
The state where passive income from investments is sufficient to cover all living expenses without requiring employment income.
📌 Real-World Example
₹2Cr portfolio generating 6% annual returns = ₹12L/year income. If your expenses are ₹10L/year, you are financially independent.
Related Terms
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