You are well paid, well off, have a good lifestyle. But can you afford to stop working? If your answer is 'No', then you are just financially stable — as long as you get your monthly cheque — but far from being financially independent. You're also not alone — a large number of people retire without being financially independent.Financial independence is a state where you are free from all liabilities and have created sufficient wealth that can generate a constant stream of income that allows you to maintain your lifestyle without having to work them.Getting there requires meticulous planning and disciplined investment. It also means revisiting your portfolio and investment strategy to ensure that your plan is not getting derailed by external factors like market forces and interest rate variables. A do-it-yourself guide to making your crores - Hindustan Times
