There are two major reasons you invest; for cash flow or for capital gains. What’s the difference between cash flow and capital gains investing? Cash flow investing buys assets that generate income while capital gains investing buys assets with the expectation they will increase in value. There are some important nuances with both cash …
Difference Between Cash Flow and Capital Gains with Chart Read More »
Can you retire at 55 with 2 million? A retirement account with 2 million produces a monthly annual withdrawal of $80,000 using a traditional 4% withdrawal rate. If you can live on $6,667 plus any other income sources, traditional retirement rules suggest that $2 million is enough to retire at 55. Your expenses, chosen retirement …
Can You Retire at 55 with 2 Million Nowadays? (Videos and Table) Read More »
If you haven’t saved enough money to live how you want, or you just plain want to continue to develop as a person as you get older, you must consider a side hustle. Side hustles for older adults can solve many of the concerns that come with getting older, including giving up steady …
Last week as I picked an abundant fig harvest, I couldn’t help but think about how much my fig harvest parallels the wealth building fundamentals I’ve learned (many the hard way!) from investing in dozens of different assets and strategies over the past few decades as a personal investor. These wealth building fundamentals are …
Wealth Building Fundamentals Inspired by My Abundant Fig Harvest Read More »
It’s often said that managing risk is as important as getting good investment returns. Ownership of defensive investments can offset potential losses from other investments while smoothing out returns. Treasury bonds, T bills, gold, money market funds, put options, TIPS, and inverse ETF’s are all examples of defensive investments. These are all assets that tend …
Creative income streams have been the saving grace for my family. I think they can be for millions of retirees willing to think and act outside the box. In this post I’ll share what I’ve learned after testing and implementing over 15 creative income streams from investing, consulting, online business and real estate along with my husband. …
Quizzes can be a great way to gain insight and direction quickly. I scoured the internet for a good ready for retirement quiz for Retire Certain readers. Here is what I found. The AARP Ready for Retirement Quiz Like most of the quizzes here, this quiz is more information based than geared toward whether you have enough money saved to retire. …
It’s stressful knowing that the consistent (and delightful!) monthly deposit into your bank account will end when you retire. But there are many ways you can increase income before retirement to ease the abrupt end of that sweet reliable employment income. Stock dividends, covered calls, alternative investments, various real estate investments, and even consulting or online …
How to Increase Income Before Retirement [With Video Challenge Series] Read More »
A million dollars no longer guarantees a comfortable retirement complete with cruises and luxury cars. How long will a million dollars last in retirement? In this post, you’ll see. The inspiration for this article comes from working with a 55-year-old wealth coaching client who was wondering how long her million dollars would last in retirement. Let’s …
How Long Will a Million Dollars Last in Retirement? Read More »
Wealth building and income generation are the two primary investment objectives. As such, these factors are the starting point for selecting investments. Is it better to focus on wealth building vs. income as a primary objective? Wealth building is typically the main objective until enough wealth has been accumulated to provide for a comfortable retirement. …
Age 50 can feel like a major slowdown in your earning power. If you’re wondering how to increase income after 50, I can vouch that the ways are endless in this time of opportunity. It just takes a shift in your thinking, deciding what you want, and taking actions to get it. After major changes in …
