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Best of Early Retirement

How to Start Investing in Dividend Stocks

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I love our dividend stock portfolio! Our dividend income is my favorite form of passive income because it is very passive. I don’t have to do much and the dividends will keep rolling in. I like having rental properties, too, but they are just more work. 2016 was another great year on the stock market and […] Read More

2017 New Year Goals and Resolutions

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Happy New Year! Did you have a good 2016? We had a great year and now we’re ready to face 2017. Last year, I achieved 9 out of 11 goals and that was awesome. I was able to finish most of these goals because I had moderate expectations. That works better for me than “shooting […] Read More

Don’t Forget About Your Annual Financial Checkup

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Can you believe there is less than 3 weeks left in 2016? The year is ending quickly and the holiday season is upon us. Now is the perfect time to go over your finances before it gets really busy during Christmas and New Year. Actually, we won’t be very busy this year because we’re staying […] Read More

How to Fund Your Early Retirement

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Early retirement sounds awesome, but how do you pay the bills? Many financial planners recommend saving 10% to 15% of your income for retirement. That standard plan should enable you to comfortably retire in your 60s, but it will be practically impossible to retire early. You will have to think outside of the box if […] Read More

Is Your Workplace a Super Chickens Experiment?

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Last week, I heard a fascinating TED talk by Margaret Heffernan: Forget the pecking order at work. The talk was chilling because it reminded me of my old workplace. Every year, like most workplaces, we had an annual review to give us feedback on how we’re doing. Based on the reviews, about 10% of the […] Read More

How to Stay the Course to Financial Independence

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The journey to financial independence can be a long one. Even if you save 50% of your income (pre-tax), it can take 15 to 20 years to finally achieve financial independence. This is a very long time to live frugally. And let’s face it; saving 50% of your income is living very frugally. Not many […] Read More

7 Ways to Achieve Financial Independence

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Financial Independence is the ultimate goal in personal finance. Financial independence means you can do whatever you want without having to worry about money. Work will be optional and you become a master of your destiny. Who wouldn't like that? It is a worthwhile goal to shoot for. Of course, most families have to take […] Read More

My Philosophy on Financial Independence

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 Later this week, I’ll fly down to San Diego to attend FinCon 2016, the world’s largest convention dedicated to financial content. I’ll be on the FIRE movement panel Thursday morning and I have a little homework to do. I have been asked to share my personal philosophy on Financial Independence. That’s actually kind of difficult […] Read More

25x Expenses Isn’t Enough for Early Retirement

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How much money do you really need to retire early? I’m sure every reader here has   asked that question at some point. The rule of thumb from the early retirement community is to accumulate 25x your annual expenses. This benchmark is derived from the 4% withdrawal rate. So if you have 25x your annual expenses, […] Read More

Will Early Retirement Make You Lazy?

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How do you motivate yourself from being lazy in retirement? That’s one of the questions I got last week from a reader who is pondering early retirement. It is a valid question. Laziness is one of the seven deadly sins after all. Nobody wants the lazy label. We were all taught to avoid laziness when […] Read More