Don’t Gamble Your Retirement Away 4

I’m too serious. That is all I can say about myself after returning to America from a year abroad. Being 40 years old, I am hyper-focused on financially providing for my parents, wife, kids, and grandkids for the long haul.

Whenever I browse through Facebook, I see other 40-year-olds boatings, riding motorcycles, going to theme parks, and traveling. I don’t have time for that stuff. I am on the grind, trying to build up my passive income streams.

Once I establish my income streams, then I may have time for some fun things. Don’t get me wrong, my wife and I love to sit out back, talk, and drink coffee. In fact, those may be our favorite things to do during the day.

Don’t Gamble Your Retirement Away 

I always keep my retirement planning top of mind because I do not want to gamble it away. When we look across our various asset classes, we are forging ahead to ensure we have a good handle on their future success. Let’s take a look at where we are heading in each of our asset classes.

  1. Financial Mindset. Yes, your mindset is an asset class—it may be the most important of all asset classes. I will continue to read books and do my book takeaways. I learn something new every day and can use now or combine it with another idea later. 
  2. Retirement Planning. I’m still grinding away in the military. Next, I have word that I will be moving to San Diego, California, so I need to start looking into investment opportunities there.
  3. Investing. My wife and I built a $185,000 dividend portfolio in roughly two years. We have to pause investing for the next few months as we prepare for another opportunity in real estate.
  4. Cryptocurrency. I have about $8,000 invested in crypto. I haven’t had time to launch my DeFi wallet. However, that is a top goal over the next few months.
  5. Real Estate. My wife and I are planning our next home purchase—potentially a new mobile home we can drop on our land in Florida. We will spend the next six months saving $50,000 for the down payment, so we don’t have to liquidate from our dividend portfolio.
  6. Business. I am still grinding away on my books. Amazon did some things that made me rethink my strategy and move my new offerings to my website. More below. 

Yes, I am moving my work to my website because we cannot depend on corporations for our long-term success. My goal is to add value by building high-quality pdf ebooks and releasing them for free. I have no idea how to monetize any of this, but I need to add value to the world first.

Don’t Gamble Your Retirement Away 2

In life, we will suffer setbacks—that is a given. How we react, respond, and reflect from these is what gives us grit. I see it as a challenge to prove that I can become a source of free knowledge and information through my website.

Now, it’s your turn. What do your future income streams look like? What are you doing today that will have ramifications for tomorrow? We don’t have to live for tomorrow; that is not the goal. But what activities are you doing today that bring no value to yourself or others?

How can you leverage your time better today, with the intent of building a better tomorrow for your kids and grandkids? America wants you to watch tv, visit sports bars, and party on boats.

I no longer fit into the American mold—I have given up the new American dream. My dream is an old-school American theme where you work hard, take care of your family, and build businesses for look-term viability. I’m traveling back to the old school to have a rock-solid income, without working, and one that I can pass down to my family. 

Don’t Gamble Your Retirement Away 3

I choose not to gamble with my retirement today, so I don’t have to worry about taxes, inflation, interest rates, housing prices, etc., tomorrow. The more I do today, the more I can pass down to future generations.

I am so proud to include this 100 chapter PDF eBook for free. You cannot release your works anywhere but on Amazon when you enroll in Amazon’s Kindle Unlimited program if you don’t know. Now, I can bring my works back where they belong, on Military Family Investing.

Please take a copy of this free book. It is many hours of hard work, all thrown into words and artwork, and then concealed in a pdf. Take it to work, put it on your phone, or email it to a buddy—just ensure you understand what your future holds.

The 40-year-olds who are boating, biking, hiking, etc., are gambling with their retirement. They plan to work until age 65-70 and pray everything will work out with their 401K and social security. I have taken matters into my own hands. You should do the same.

  1. Build Passive Income: 21 Passive Income Ideas (book)
  2. Free PDF Downloads: Download FREE PDF books here
  3. Financial Mindset: Become CEO of Yourself (book)
  4. Retirement Planning: Retirement Planning at Any Age (book)
  5. Investing: How We Plan to Retire on Dividends (book)
  6. Cryptocurrencies: My First Book on Cryptocurrencies (book)
  7. Real Estate: Financial Independence through Real Estate (book)
  8. Business: Retire Rich, Retire Comfortable with a Business (book)
  9. Everything!: The Biggest Book on Passive Income Ever! (book)(Web Edition)(Art Edition)
  10. I bought a Kindle Oasis: Check it out Amazon
  11. Read My Books for Free: Free Kindle Books Schedule
  12. Sign up to Access our “Hidden” Free Kindle Book Schedule
  13. My first Children’s book: A Child’s First Book on Passive Income (book)
  14. Book Reviews: 54 Takeaways from 54 Books (book)
  15. Want to Build Passive Income from Books and Affiliate Marketing? (Learn here)
  16. Writing: Can Grammarly Make You a Better Writer? (direct)
  17. My Favorite Chromebook: The Ultimate Chromebook (direct)
  18. Follow us: On our Facebook Page and Join our Facebook Group
  19. Amazon Author Page: Check out my author page on Amazon
  20. Monthly Dividend Planner: Check it out on Etsy

Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it.  I have no business relationship with any company whose stock is mentioned in this article.

 All Right Reserved Military Family Investing


Comments

Leave a Reply