early retirement

A Little Active Income Goes A Long Way In Early Retirement

passive income crossover point

Generating enough passive income to cover the cost of living is the holy grail of early retirement. However, it’s quite difficult to amass that big lump sum to generate enough passive income to live on. People spend more money as they get raises so they need more and more income every year. Early retirement offers a way out of this cycle by forcing us to examine how we make and spend money. While passive income is good, you’ll most likely have to get creative if you want to retire by 40. Most people won’t be able to generate enough passive […]

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Financial Planning for the Masses: My Session with Personal Capital

Personal Capital review financial planning

I know I wrote about Personal Capital quite a few times recently, but I’m really excited with their services. They are bringing financial planning to the masses through their website. I think this will help many regular people who are unsure about financial advisors to understand financial planning better. The main website and portfolio analysis tools are free which is awesome for most of us. Personal Capital generates revenue by charging a fee if you sign on with their investment management services. Financial Planning Session Last week, I had a financial planning session with Michelle, one of Personal Capital’s financial […]

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Saving for a Better Future Doesn’t Mean Having to Sacrifice Today

Saving for a Better Future Doesn’t Mean Having to Sacrifice Today

The RB40 family is on vacation near Palm Springs and today we have a guest post from FI Fighter.  Life is all about balance. If you work too hard, you’ll burn out. If you don’t work hard enough, you’ll never get anywhere. When it comes to securing a better financial future, chances are high that you’ll have to put in a good amount of effort to succeed. When the passive income starts to pile on in, a lot of people can get sucked in, becoming even more motivated than when they first started! There’s nothing wrong with being motivated, and […]

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Are You A Lucky Optimist?

Are you a lucky optimist?

Are you lucky? I don’t mean lucky in the completely random way like winning the lotto, but living a happy life kind of lucky. Do you know that 70% of lottery winners will use up all their winnings in 7 years? A lot of people can’t hold on to their good fortune. The really lucky ones are the people that can leverage random opportunities and make a better life for themselves and their families. Lucky Guy I’m a really lucky guy. My situation is almost ideal at the moment. For the new readers, I quit my stressful engineering job last […]

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