No single route; options include freelancing or business
There is no single method. Common routes are changing to flexible or remote work, freelancing or consulting, starting a business, or building enough savings to work less. Each one trades a fixed paycheck for more control and more risk.
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This is a personal-strategy question, so there is no single factual answer. What works depends on your skills, finances, country, and tolerance for risk. A practical approach is to work out what you dislike (the hours, the boss, the commute, or the lack of control). Then pick the least risky change that fixes it: ask for flexible or remote hours, move to a job with different hours, or build a side income while employed. Save an emergency fund before you leave, and move to full-time self-employment only once the income is proven. Schemes that promise quick escape from work, such as get-rich-quick courses, often profit mainly from the people buying them, so be skeptical of them.
- Common routes: remote or flexible employment, part-time or compressed hours, freelancing, starting a business, or financial independence through saving.
- Self-employment and new businesses carry real income risk. A large share of new US businesses close within about 5 to 10 years.
- A common safeguard is to build a savings buffer of several months of expenses, and to test the new work as a side project first.
- Freelance and business income is often irregular, and you pay for your own health insurance, retirement saving and taxes, depending on the country.
- Financial independence usually needs savings of roughly 25 times annual spending, based on the 4% rule of thumb, which is an estimate and not a guarantee.