I define wealth as the ability to achieve financial independence where one does not have to work to support oneself. It means having the freedom to choose - to choose what one does with one’s life; to choose whether to work or not to work; to choose where to go, where one lives, what one does and what possessions one has. It is the freedom from financial problems, freedom from debt, and freedom from monetary constraints. We no longer have to make choices based on how much money we need.
Original text: Simple Financial Management For Retirement - Part 4 - Investing