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...]
Five Categories of Passive Income and How to Evaluate Them
Today we're going to continue with some thoughts from Passive Income, Aggressive Retirement by Rachel Richards (which I highly recommend BTW). If you missed part one of my thoughts on this book, check out Passive Income, Aggressive Retirement. BTW, I think a better title for the book would be "How to Become Financially Independent by Creating Multiple Streams of Passive … [Read more...]
Retirement Interview 22
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. My questions are in bold italics and his responses follow in black. Let's get started... GENERAL OVERVIEW How old are you (and spouse if applicable, … [Read more...]
How to Invest for Retirement with Limited Assets and Avoid Sequence of Returns Risk
In Our Meeting with Two Financial Planners there was an epic comment that I just couldn't let go to waste. I know that many people don't read the comments (I don't know why as there's often very valuable information in the comments but I know many don't read them because I often get questions emailed to me that have been answered in the comments). Off track a bit: if you … [Read more...]
Three Retirement Needs You Must Satisfy
I recently read the book The Joy of Not Working. It's sub-title is "A Book for the Retired, Unemployed and Overworked". It was less of a retirement book than a "work is bad and not working is good" book. As such, it wasn't my favorite and I don't think it adds a ton of value to the retirement books we've discussed so far. It was strange that the book was just "ok" to … [Read more...]
Passive Income, Aggressive Retirement
Every once in a while, I hit the jackpot. I've read a TON of money books -- far more than I've featured on this site -- and most are not worth much IMO. Many are just plain terrible, offering mediocre advice at best. Others suggest basic money tips we all learned in third grade. Personally, I think so many personal finance books are bad because the authors are just … [Read more...]
Retirement Interview 21
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. My questions are in bold italics and his responses follow in black. Let's get started... GENERAL OVERVIEW How old are you (and spouse) and how long … [Read more...]
How to Have a Purposeful Retirement, Part 2
Today we continue our coverage of the book Purposeful Retirement: How to Bring Happiness and Meaning to Your Retirement. Last time we covered the first half of the book and today we'll go over the second half. In this part, author Hyrum Smith covers a wide range of important retirement topics, so let's jump right in... Retiring with Your Spouse Retirement often means … [Read more...]
Keys to a Successful Retirement, Part 2
Today I'm sharing some more great points from the new book Keys to a Successful Retirement. The book is written by my friend, Fritz Gilbert (author of The Retirement Manifesto), and contains several key points that I haven't found in many other retirement books. This is probably because most authors write about retirement in theory. Fritz writes about it from practical … [Read more...]
Keys to a Successful Retirement, Part 1
I have read a ton of retirement books lately. It's funny -- I don't remember reading any before I retired. Haha! That's one of the points in today's book. But I'll get to that in a bit. For now let's review a few of the books I've read (and written about) in the past few months: You Can Retire Sooner Than You Think What Color Is Your Parachute for Retirement … [Read more...]
