I achieved a million dollar net worth at 30 years old and found out that it didn't make a real difference. At least nothing life changing, instead it provided my family with more security, that's it. So I shifted focus and went for Multiple Streams of Passive Income.
This is how I achieved True Financial Freedom. I invested in cash flow producing assets and as my income increased from my business and my investments I was able to save more and more of it, and thereby invest a larger percentage of my income every year. I started out saving 30% of my income and invested all of it after I had a 6 month emergency fund and I made sure my investments had proper cash reserves such as rental properties having 3 months of PITI saved up per home.
After 5 years I was saving over 70% of my income and my Passive income was finally exceeded my monthly debts including all expenses. This gave me the feeling I was looking for that reaching a million dollar net worth didn't do.
Creating multiple streams of passive income and building them up to cover your total monthly expenses isn't easy. But neither is being broke. Trust me, it's better to work hard, work smart through learning about investing and sacrificing your free time in order to achieve financial freedom rather than living paycheck to paycheck.
I would do just about anything legal for a few years if I knew that a better life was waiting for me at the other end. This method works, the only variable is how long it will take and that is up to you.