The most recent retirement book I've read asks a great question. The book is What Will I Do All Day? and has the sub-title of "Wisdom to Get You Over Retirement and on With Living!" I liked this book. It was a short, easy read and is full of questions and tasks designed to get the reader to think and take action on various parts of retirement. As I've done with other … [Read more...]
Do Roth Conversions Satisfy Required Minimum Distributions?
In Seven Steps to Creating Passive Income through Dividend Investing a couple readers got into a discussion. It began with this comment: I’m almost 75 and therefore taking annual RMD’s. One strategy I’m using is to transfer stocks, which are down by the largest percentage, from my regular IRA to my Roth IRA. This should allow them to now grow tax free and also satisfies my … [Read more...]
Retirement Update: 4 Years
There's some interesting and unique stuff in this post...don't skip through it or you might miss something. ;) Wow. Four years. I've been retired for four years now. In some ways, it seems like I left work yesterday. In others, it feels like I've been retired for a decade. Must be those retirement reverse dog years making me feel that way. ;) I can say that at this … [Read more...]
Retirement Interview 24
Here’s our latest interview with a retiree as we seek to learn from those who have actually taken the retirement plunge. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. This interview was conducted at the end of May. My questions are in bold italics and his responses follow in black. Let's get started... GENERAL … [Read more...]
Retirement Interview 23
Here’s our latest interview with a retiree as we seek to learn from those who have actually taken the retirement plunge. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. This interview was completed in mid-May. My questions are in bold italics and his responses follow in black. Let's get started... GENERAL … [Read more...]
Eight Great Learnings from You Can Retire Sooner Than You Think
As we end our coverage of the book You Can Retire Sooner Than You Think, there are about a gazillion more pieces of wisdom I could share from it. We've already covered so much (and there's much more left in the book) but what follows are eight pieces of learning that didn't fit well into my other posts. And yet I had to share them, so here we are. And in addition to … [Read more...]
How to Retire Happy, Wild, and Free, Part 3
I have already posted two articles (part 1 and part 2) with my thoughts on the book How to Retire Happy, Wild, and Free: Retirement Wisdom That You Won't Get from Your Financial Advisor. In those I shared portions of the book and added my commentary. Today we finish this series, focusing solely on the importance of interests/activities in retirement (which we started last … [Read more...]
How to Retire Happy, Wild, and Free, Part 2
I have already shared part 1 of my thoughts on the book How to Retire Happy, Wild, and Free: Retirement Wisdom That You Won't Get from Your Financial Advisor. Today we continue with my review. As I've been doing with book reviews lately, I'll be sharing portions of the book and adding my commentary. Here we go... Retire Sooner Rather than Later I get asked frequently … [Read more...]
How to Retire Happy, Wild, and Free, Part 1
The latest retirement book I've read is How to Retire Happy, Wild, and Free: Retirement Wisdom That You Won't Get from Your Financial Advisor. The author is a free spirit to say the least, similar to Vicki Robin who wrote Your Money or Your Life, which makes the book a fun and entertaining read. I'm probably the opposite of a free spirit (is there such a thing as an … [Read more...]
28 Ways to Create Extra, Passive Income
Today we're finishing up some thoughts from Passive Income, Aggressive Retirement by Rachel Richards, which I think should have been titled "How to Become Financially Independent by Creating Multiple Streams of Passive Income". Haha! If you missed parts one and two about this book, check out Passive Income, Aggressive Retirement and Five Categories of Passive Income and How … [Read more...]
