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2020 Challenge: Passive Income VS Expense

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This is the 2016 update for our 2020 Challenge: generate enough passive income to exceed our expenses. Mrs. RB40 plans to retire in 2020 and it would be really nice if we can accomplish this goal by then. We have passive income from different sources and for this challenge we’ll count all of them. Here [...]

I Got My High-Tech Antitrust Settlement Check!

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Yes! I just received my High-Tech Antitrust Settlement Check! If you’ve been paying careful attention to my recent cash flow updates, you would have seen a hint about this. I was hoping for a windfall so I can use it to beef up our liquidity and contribute a little extra to our tax advantaged accounts. [...]

My 5 Year Plan to Grow Our Passive Income

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Earlier this week, I had an interview with Eric at the Personal Profitability Podcast. One great question that came up was how I plan to grow our passive income so Mrs. RB40 can retire by 2020. We are living a modest and comfortable lifestyle right now, but we are still dependent on Mrs. RB40’s job. If [...]

Why A Million Dollars Is Better Than A Steady Job

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Last week, I read this little nugget of goodness at Budgets are $exy, one of my favorite personal finance sites. “Two thirds (67%) said they would rather have a steady job with a modest income than become a millionaire with a chance of going broke within a few years.” This was from Capital One’s survey [...]