Tag: Military Retirement
My 60-Day Pre-Retirement
Ahh, the retired life is the life for me. I am currently heading back to Japan after two glorious months back in Florida with my family. I am actually in the air flying from Dallas to Seattle. That’s one of the reasons that I love writing; you can do it anywhere. Back to retirement, wow,…
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…
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…
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…
I Have Everything I Want in Life… And Then Some
There are rare moments in life where you can truly appreciate everything you have worked towards. Whether it is coming home from deployment or surviving cancer, you will know when it hits you. I have had many of these moments throughout my 22 years in the Marines and 15 years of marriage, but none may…
Active Service, Passive Income
I think most of us joined the military for action and adventure. We heard that we could travel to all sorts of remote countries and exciting locales. And, after 22 years, I can say that I have traveled to my hearts’ content. But, how many of us joined for the chance to be a Passive…
Military Success 105: Financial Fitness
Now, for the moment I have been waiting for—I am writing the article that I wish I read before I joined the military. When I joined the Marine Corps in 1999, I had no concept of money. I didn’t know the value of reinvesting your money to make more money. In fact, it took me…
Military Success 102: Mental Fitness
Read My Books for Free: Free Kindle Books Schedule In Military Success 101, we learned how vital it was to stay in top physical shape for a long, successful career. Equally important, if not more so, is to stay in top mental shape. Keeping your mind in the game will take training because there will…
Military Success 101: Physical Fitness
Introduction. The military has been good to me, and it might be a great starting point for you as well. I started my military career, and I went over 20 years- it was my wealth generator. However, the military is not for everyone as there are plenty of reasons that can make it difficult. Before…
Use the Military as Your Wealth Generator
I have talked a lot recently about wealth generators. It started with “Use Real Estate as Your Wealth Generator” and then “Cash Flow 103: Choose Your Wealth Generator.” As I reflect on why I am still in the military after 22 years, I realized that the Marine Corps was my wealth generator. Also, check out…
Is Doing 20+ Years in the Military Right for You?
Let me start by saying this: I believe every able-bodied young person in American should serve at least 4 years in the US Military. The tangibles and intangibles of serving will provide a solid foundation and will last a lifetime. Some of the tangibles are learning a skill, travel, and getting access to both the…
So you think that You are Middle Class, huh?…..HaHa
Download F.I Mag #1 here, F.I. Mag #2 here, and F.I. Mag #3 here. You’ve worked so hard to get to where you are at. You have finally gotten to the point where your bills, expenses, and budgets are all nicely covered by your income. Hell, you can even save $1,000 a month easily. This…
Say this 3 times “My Job WILL NOT make me Rich”
No, seriously. Say this 3 times out loud, “My job will not make me rich”. Did you say it? It is very important that you say these words and heed this advice. The sooner that you believe this realization to be true, the better off you will be. I wish that someone would have grabbed…
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,…
My 4 Retirement Blocks
Not too long ago, I was happily planning on retiring from the Marine Corps and starting a new job. But, lo and behold, I started reading. Oh no. So having only military retirement income is no longer the plan. I found out through reading that I can actually have my money do all the work…
My military retirement should be worth $5.5 million
Every once in awhile I like to look at the military retirement calculator. It has been a sort of hobby on mine since I hit my 8-year mark of military service. I would calculate what an E8 would retire with at 20 years and what an E9 would retire with at 30 years. Lo and…
Top 10 military benefits in 2020
As always, the best benefits of joining the US Military are loyalty, devotion to duty, and serving your Country. Those are the constant intangible benefits of joining. This list will focus on the tangible benefits (things that you can see). 1 Stability: 2020 is a hard year for the working class. Jobs are being shed…
How a military retirement can help build family wealth
Our blog is all about building family wealth. A lot of us come from humble beginnings and we want to be able to create a world full of more options for our children. Here is how military retirement can help. Truly passive income. Military retirement is one of the most passive types of income. Once…
