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Re:How much does employee turnover really cost? by falsedan on Wednesday January 18, 2017 @05:20PM (#13430910)
I think 'independently wealthy' describes that situation more clearly/less confusingly.
Re:How much does employee turnover really cost? by brokenmachine on Friday January 20, 2017 @12:23AM (#13441879)
wealthy != independent.

Financial independence to me is not needing to work ever again, even if I'm living quite frugally.

Re:How much does employee turnover really cost? by falsedan on Saturday January 21, 2017 @05:18PM (#13452427)
I don't understand the distinction; are there wealthy dependent people?

I've run the numbers on what I'd need to not work and the total amount required would clearly put me in the 'wealthy' camp.

Re:How much does employee turnover really cost? by brokenmachine on Sunday January 22, 2017 @07:09PM (#13458582)
> are there wealthy dependent people?

I would say yes. Well, maybe not dependent but not independent.

Some people with large incomes are still up to their eyeballs in debt, or at least not living within their means.

IMO financial independence requires living within your means until the point where you never need to work again to continue that lifestyle for the rest of your life.