Category: Retirement Planning
My Retirement 4-50 Update #2
My retirement 4-50 plan is our goal to be work-optional by age 50. It consists of 4 retirement income blocks. Retirement 4-50 is based on cash flow. My goal is to have a total of $6,000 a month cash flowing from each block (total $24,000). The blocks are residual work income, investment income, rental income,…
Are you Prepared for Retirement?
Whew, I am starting off with a very tough question for most people, including myself. There is a difference between being “ready for retirement” and “being prepared for retirement”. I think most of us tend to be ready for retirement when we realize that there is no “big” payoff at the end of a career…
My Retirement 4-50 Update #1
My retirement 4-50 plan is our goal to be work-optional by age 50. It consists of 4 retirement income blocks. Retirement 4-50 is based on cash flow. My goal is to have a total of $6,000 a month cash flowing from each block (total $24,000). The blocks are residual work income, investment income, rental income,…
Introducing Retirement 4-50
After about a year of investing and reading over 11 books in 3 months, I have finally come up with my solution to retirement. I have taken many things into consideration before presenting this idea to the general public, such as “Is it possible for most people?” “Is it achievable?” “Does it work?”. Those are…
5 Takeaways from “I Will Teach you to Be Rich”
“I Will Teach you to Be Rich” by Ramit Sethi. This was an amazing book. It will help almost anyone understand how to visualize their money plan and tendencies. It also gives step-by-step tips to begin a journey to financial independence. Here are my top 5 takeaways. 1) Most people do not have the mindset…
