Advanced
- Multiple income streams (side hustles, dividends, rentals)
- Automated investments (index funds, robo-advisors)
- Debt minimized or eliminated
Expert
- Portfolio diversified across assets (stocks, real estate, crypto)
- Passive income covers living expenses
- Teaching/mentoring others on finance
Financially Free
- Assets generate enough passive income for desired lifestyle
- Work optional; focus on purpose or legacy
- Legacy planning (wills, philanthropy) in place