Category: Retirement Planning
The Wealth Accumulation Phase: 2 Is Better Than 1
My wife is my lover, best friend, business partner, and wealth-accumulation teammate. We recently moved into the wealth accumulation phase of life, and I can now share some experiences on our fantastic journey. A quick backstory. My wife and I met over 17 years ago and married 15 years ago. I was a young Sergeant…
What is Passive Income?
I have been writing religiously about passive income (600+ articles) for a little over a year now. However, I don’t think I have written an article addressing passive income from the top down. Today is that day. I will attempt to cover all aspects of passive income the best way I can. What is passive…
Living Overseas Passively 103: Retirement Income
What are the best methods to retire overseas with income from our working years? Most of this income will be hard to tap into because most of it is unusable until 60 years old. But let’s take a look at our options and see what plans we can make with our retirement income. Welcome back…
Retirement Planning for the Average Person 1+2
In a strange twist of fate, it’s okay to be average. Funny right? Being average gives us the advantage of using our brains to get ahead. Luckily, we can increase the productivity of our brains by reading and taking action. In “Retirement Planning for the Average Person,” we talked about the “don’ts” for the average…
Retirement Planning for the Average Person 2
So you are still average? Great, so am I. There is no reason to whine or cry about our “basic” lifestyle. In fact, it is something to celebrate. When we lead normal, everyday lives, there is no outside influence for us to live above our means. This is part two in the Retirement Planning for…
Living Overseas Passively 102: Financial Mindset
Okay, I am 40 years old and preparing myself to move overseas when I am 50. Before arranging my money and passive income, I first need to configure my brain to live overseas life. Living overseas can be vastly different from living in the United States, United Kingdom, etc. Depending on the country we decide…
Living Overseas Passively 101: Introduction to Passive Overseas Life
I have been writing about my love of passive income for over one year now. Today, we will start combining everything to create an amazing life—overseas. That’s right, overseas. Why overseas? There are many reasons to move overseas for retirement or long-term vacation. Let’s review some of them. Cost-of-living. This reason may be the number…
Happy Cash Flow Retirement 2
I love my Happy Cash Flow Retirement series dearly. One of the reasons is because I always feature some kind of alcoholic beverage on the cover. In the series, this will be article number two (read the first one here) and book number five (see the first four books here). It always reminds me of…
Art Edition: The Biggest Book on Passive Income Ever!
Art & Links to all 312 Chapters in “The Biggest Book on Passive Income Ever!” Amazon charges me for the size of the book—thus the ebook edition is $15. If you prefer that version, you can buy it here. Enjoy! MILITARY FAMILY INVESTING www.militaryfamilyinvesting.com The Biggest Book on Passive Income Ever! 320 Chapters and 1,200…
Web Edition: The Biggest Book on Passive Income Ever!
Links to all 312 Chapters in “The Biggest Book on Passive Income Ever!” Amazon charges me for the size of the book—thus the ebook edition is $15. If you prefer that version, you can buy it here. Enjoy! MILITARY FAMILY INVESTING www.militaryfamilyinvesting.com 00 INTRODUCTION 00 000 The Biggest Book on Passive Income Ever! 01 FINANCIAL…
Can You Live the Laptop Life?
Another day, another article about passive income. Hey, that’s what I do. I love reading books and articles about passive income—I call it “reinforcing principles.” I can read about people living on dividends and building rental empires all day. One of my favorite topics is living the laptop life? I take this to mean that…
The Passive Income Grind
The more I write about passive income, the more I realize society does not build people to receive it. Why is that? Before the payments become passive, you need to do a lot of work to get everything set up—I call this The Passive Income Grind. I never thought about the grind until I got…
To Be Truly Free, You’ll Need $20,000/Month Passive Income
That’s right, $20,000/month in passive income will be enough to set you and your family free from the tyranny of the workforce. Keep in mind; this is living a down-to-Earth, “below your means” lifestyle. If you want the full “American Dream,” you will need much, much more. Why did I decide to put a number…
How Would You Invest $300,000?
Let’s try something different today. Let’s do an exercise on how to invest some theoretical money. I hope you have been reading all my articles and books because we will draw on the power of retirement planning, investing, real estate, cryptocurrencies, and business. I am currently on the late-night flight from Tokyo to Dallas/Fort Worth⏤en…
5 Takeaways from “Passive Income, Aggressive Retirement”
“Passive income Aggressive Retirement” by Rachel Richards is a book after my own heart. I mean, honestly, I could not write a book that mirrored my views on life better than this one. Passive income is such an invaluable part of my life, and this book reinforces my goals. One of my favorite ideas from…
Over-Budgeting 2: Low Expenses, High Income
Now, if we decide that we must be over-budgeters, then there is a way to use this trait to our advantage. Wealth is having excess income versus expenses. In layman’s terms, we live below our means while producing outrageous revenue. You see, for most people, lifestyle inflation becomes the silent killer of their wealth. What…
Over-Budgeting: You Can Only Cut So Much Before…
Nobody I know “likes” to budget; however, we all enjoy the freedom it brings. How can budgeting bring freedom? When you have extra cash flow at the end of the month, it gives you a sense of freedom that most will never have. As a heads up, I will have to make this a short…
Earned Income vs. Passive Income
“The rich do not work for money” is probably one of the most recognizable and essential quotes in the personal finance space. The quote comes from Robert Kiyosaki, who happens to be my favorite author. By the way, “Unfair Advantage” is my favorite book of his. I love this quote because it is multi-faceted, and…
Annuities vs. Dividends
As we steam towards retirement, we will start to hear new words that gain more traction as we age. Annuities are definitely an older person thing, but it is valuable to explore their importance to an overall cash flow retirement system. We also want to compare them to what a dividend portfolio can provide for…
I Live Paycheck to Paycheck 3…So I Started a Business
Yes, I am still living paycheck to paycheck. You would think I’d have learned after two articles (part 1 and part 2), yet here I am. I don’t make a lot of money, roughly about $50,000/year, and I can’t seem to get ahead. What are my options? Hey, my friend, we have all been there.…
