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June 2018 Goals and Financial Update


June Goals and Financial UpdateHey everyone, are you enjoying the long summer days? I’ve always loved summer, but this year has been extraordinary so far. Before summer began, I decided to cut back on blogging a bit and spend more time with our son. This is working out really well and we’re having a great time. Here was how we spent our time in June.

  • 1st week – RB40Jr wrapped up first grade.
  • 2nd and 3rd week – Road trip in Iceland. It was an incredible trip, but we’re very happy to be home.
  • 4th week – Portland staycation. We met up with friends, played at old and new parks, went to the library, swam, shopped for new shoes, snuck out to eat dim sum without Mrs. RB40, and visited a farm store.

RB40Jr is such a lucky guy. He’s having the summer I always wanted as a kid. My parents were always busy so I had to entertain myself and babysit my younger brothers. Anyway, I can’t believe the first month of summer is already gone. This summer is flying by. July will be pretty similar to June. We’re going on a 2 week road trip to visit friends and families in California, then another staycation around Portland. It’ll be a blast.

On the financial front, June was an expensive month due to our vacation in the land of $20 hamburgers. Iceland is an amazing country, but it sure ain’t cheap. Other than that, everything is on track. Our passive income is rolling along nicely. Okay, I’ll go over my 2018 goals first and then share the details of our cash flow in June.

2018 Goals

This is my goal scheduling spreadsheet. Last year, I found that I needed to start these goals in the first half of the year. If I waited until summer, they just won’t get done. 2018 isn’t looking too good because the goals are more ambitious than previous years. You can get a quick status update from the chart and see the details below.

June goal sheet

Financial Goals

  1. Increase our real estate crowdfunding investment to $100,000. Now that we’re back from Iceland, I’m ready to invest more. I’ll check RealtyShares more often so I can find a good project to invest in.
  2. FI ratio > 100%. The FI ratio is passive income divided by expense. So far, our FI ratio is just 64for 2018. This year is not looking good because our expense is higher than normal due to a major home repair and a pricey vacation. Some years are just harder than others. This year is going to be one of those and we need to learn from it.
  3. Increase bond/cash allocation to 30%. Going to 30% bond/cash will beef up our opportunity fund. This is very slow going because I’m not in a big hurry. I can probably get to 25% by the end of the year.
  4. Travel hack 100,000 points. Finally, we finished a goal! We signed up for some new cards and use them to pay for the home repair and vacation. These points will come in handy for our vacation next year. It’ll be either Vietnam or Argentina.

Blog Goals

  1. Minor Redesign RB40. This one is really difficult to do because I can’t seem to budget time for it. It’s already tough to write and keep the site running. In May, I switched the site to https. That’s a big part of what I wanted to do this year. Next, I’ll need to work on the banner, logo, and a new theme. It’ll have to be after the summer is over, though.
  2. Blog 12 times at Fit by 40. This one is way behind now. I’m not motivated to write about fitness this year. I’m also taking the summer off from going to the gym because hanging out with an active 7 year old boy is plenty of exercise. For now, I’ll keep FB40 as a test site for the redesign. You can see how I started the site here – How to Start a Blog and Why You Should.
  3. Blog revenue $100,000. This one is going to be very difficult so I’m grading it on the academic system. Also, I changed the goal from blog “income” to blog “revenue.” Income is after taxes and expenses. Revenue is just how much money the site makes. The blog generated $45,115 so far in 2018. That’s really good. You can see more detail on my Blog Income page.

Personal Goals

  1. Join Toastmasters. I visited a local club and it was a good experience. However, there are too many things going on right now. My mom needs help with her various doctor appointments. Also, school is out so I’m spending more time with RB40Jr. I just can’t squeeze Toastmasters into my schedule. This will have to be put off until RB40Jr is a lot more independent.
  2. Not paying for leaf removal. Showdown in November.
  3. Consolidate down to one property. We plan to move into our rental duplex and sell off the other 2 properties. This one will definitely take more than one year. I changed the due date to 2020.

Fun Goal

  1. Visit Iceland. Iceland was incredible. I got some nice pictures so check out my Iceland trip report

Net Worth (+0.6% YTD)

I’ve been tracking our net worth since 2006 and it is very motivating to see the progress we’ve made. 2018 started off with a bang and we had a great month in January. However, the stock market turned volatile after that and it’s been mostly flat since then. At least we’re still positive for the year even with higher than normal expense.

My bet with Warren Buffett – I’ll benchmark our net worth against VFINX for 10 years starting in 2018. VFINX is up about 1% since the beginning of 2018. Our net worth is up just 0.6% so we’re a bit behind. Our net worth is diverse so it does better when the market drops. It’s early in the race yet.

Here is a graph of our net worth in June on Personal Capital. Our net worth was mostly flat.

June networth

*Sign up for a free account at Personal Capital to help manage your net worth and investment accounts. I log in almost every day to check on my accounts and cash flow. It’s a great site for DIY investors.

2018 Passive Income ($23,772 YTD)

Here is a quick summary of our passive income. You can see all the details on my new Passive Income page. We had a slow start in 2018 because one of our rentals was vacant for the first 2 months. It’s occupied now so the passive income is looking better. Hopefully, it’ll be smooth sailing for the rest of 2018.

The only trouble spot now is P2P lending. We’re seeing more defaults and the interest payments aren’t enough to overcome the hits. If we reinvest in P2P lending, it would look better. However, I like real estate crowdfunding much more so I’m investing new money there.

June 2018 passive income

June 2018 Cash Flow

Our cash flow was good in June. Our income was solid so we were able to deal with the high travel expense. That’s the only problem we had in June. Everything else looks okay.

Check out my Sankey diagram and see the details below.

June 2018 cash flow

Take Home Income (target > $10,000)

For 2018, our monthly take home income target is $10,000. June was another good month for us. Our take home was $10,127 after estimated tax and tax-advantaged savings. My blog income was solid usual and that helped a ton.

  • Mrs. RB40’s paychecks: $5,455
  • Blog Income: $6,070. You can read more details on my Blog Income pageRB40Jr is on the payroll now as model and photographer. The income will go straight into his Roth IRA. I’m excited to see how this experiment will turn out.
  • Rental Income: $925. All our rentals are occupied and we didn’t have any big repairs last month. Read more at the Rental Property Passive Income page.
  • Dividend Income: $1,081. More details at my Dividend Passive Income page.
  • Real estate crowdfunding: $168. RealtyShares is starting to pick up now and it is looking good. Read more at my Real Estate Crowdfunding Passive Income page.
  • Prosper P2P lending:$43. P2P lending was good last month.
  • Interest Income: $16.

Monthly Expenses (target > $4,800)

For 2018, our monthly expense budget is $4,800/month, an increase of $300 from 2017. This does not include contributions to 401k, Roth IRA, and college savings. Last month we went over budget again and spent $6,136. The budget buster was our Iceland trip. I’m pretty sure the rest of 2018 will be much better on the expense side, but it will still be an unusually high expense year for us. We’ll see how it goes.

  • Housing: $2,365. Our housing expense is getting spendy. This category is over 50% of our expense most months. This includes mortgage, HOA fees, and property taxes.
  • Groceries: $523. Strangely, our grocery bill wasn’t any lower in June even with 2 weeks in Iceland. I think that’s because we purchased some food to bring to Iceland such as beef jerky, granola bars, and other snacks. We also stocked up when we came home. I didn’t cook too many impressive dishes in June. Here is the only one that I took a picture of – Thai chicken curry with Indian eggplants, mushrooms, potatoes, carrots, sweet onions, and bamboo shoots. Follow me on Instagram if you’d like to see more of my unglamorous early retirement lifestyle.

chicken curry

  • Cash: $0.
  • Transportation: $77. We share one car and we usually don’t drive much. This summer we’re taking some road trips, though. I’ll write all about our California road trip soon.
  • Kid: $144. I signed RB40Jr up for the recreational soccer league in the fall. We also got him a new pair of shoes.
  • Pet: $26.
  • Bills: $202. Electricity, credit card annual fee, and insurance (auto, home, term life, and umbrella.)
  • Health: $26. Gym membership fee.
  • Travel: $2,549. This includes a couple of Airbnb rentals, extra insurance for the rental van, food, souvenirs, and attraction fees. Our Iceland trip actually cost around $7,000. We prepaid most of that so at least we didn’t get hit with the total bill.
  • Clothing: $100. I realized my outer jacket was very shabby when I was in Iceland so I got a new one. We also got a new jacket and 2 shirts for RB40Jr.
  • Misc: $15. This is for a pair of new kitchen shears and dough scraper.
  • Pre-Tax Savings: $2,830. I contributed $1,400 to my 401k. Mrs. RB40 contributed $1,430 to hers.
  • Extra Savings: $4,035

Extra Savings 2018: $23,112

2018 is going very well and our extra savings totaled $23,112 so far. We sent a bunch of money to the IRS in April so we don’t have much left. I didn’t send in estimated tax payments last year so we owed the tax man. I’ll do a better job this year and try not to owe as much.

Here is what I plan to do with our opportunity fund in 2018.

  • Invest more in real estate crowdfunding.
  • Pick up some dividend stock if I see a good deal. I purchased 50 shares of PM in April.

June 2018 Wrap Up

June was a good month for us. Our income was solid so we were able to deal with the higher than usual travel expense. The rest of 2018 should look better on the expense side. I don’t think we have any more big expense coming up this year.

July should be a good month, too. I’m going to California for 2 weeks, but I’m staying with my brothers most of the time. The trip should not be too expensive. We’ll take it slow this time and go see some roadside attractions. It should be a great trip. On the income side, it looks pretty good. There is some drop off due to the summer slowdown, but it isn’t bad. We’ll see how it goes.

Did you have a good June? Any big plans this summer?

*Sign up for a free account at Personal Capital to help manage your investments. I log in almost every day to check on my accounts and cash flow. It’s a great site for DIY investors.

Disclosure: We may receive a referral fee if you sign up with a service through the links on this page.

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Joe started Retire by 40 in 2010 to figure out how to retire early. He spent 16 years working in computer design and enjoyed the technical work immensely. However, he hated the corporate BS. He left his engineering career behind to become a stay-at-home dad/blogger at 38. At Retire by 40, Joe focuses on financial independence, early retirement, investing, saving, and passive income.

For 2018, Joe plans to diversify his passive income by investing in US heartland real estate through RealtyShares. He has 3 rental units in Portland and he believes the local market is getting overpriced.

Joe highly recommends Personal Capital for DIY investors. He logs on to Personal Capital almost daily to check his cash flow and net worth. They have many useful tools that will help every investor analyze their portfolio and plan for retirement.

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{ 63 comments… add one }
  • Mr. Tako July 2, 2018, 1:15 am

    Have fun in California Joe! Looks like you guys are having a great summer and June was another good income month in the books. I should have my passive income report out pretty soon.

    We’re actually on a road trip with the kids right now for the long holiday week/weekend. It’s great to have affordable summer road trips with the family.

  • Pennypincher July 2, 2018, 1:53 am

    Impressive how you take the time to track everything.
    About your 401K contributions, does Mrs. RB40 just contribute enough to get the company match? 401Ks are, well, interesting. Does she not contribute more, or max it out because the options or choices aren’t all the great-which is usually the case! My relative’s options were terrible! And expensive!

    • retirebyforty July 2, 2018, 1:00 pm

      Mrs. RB40 contribute the max every year. Her plan is good. The fees are low and she invests in standard index funds.

      • Pennypincher July 3, 2018, 4:30 am

        Thanks, Joe. Everyone’s 401K should be this way!

  • Half Life Theory July 2, 2018, 2:22 am

    As always, you guys are killing it! That blog income goal is still within reach…. i think you probably hit it this year. Congrats Joe!

    Your son is going to be in such a great position when he hits the real world. Roth IRA this early? Talk about 2nd generation FIRE.


    • retirebyforty July 2, 2018, 1:01 pm

      Thanks! I’ll keep trying. Who knows…
      I hope the Roth IRA works out. The compounding time will be amazing for him.

  • Lazy Man and Money July 2, 2018, 3:04 am

    This is looking really good. One thing I noticed is that the tone seemed a little down in not making progress on one goal, but when viewed in the context of “spent all this time with family”, it’s great.

    I’m surprised the net worth isn’t up more this year. We’re up around 7%, though we start with smaller numbers. I guess a lot of it is real estate, which is regional and we’ve been lagging behind your area for a few years now. I just talked myself out of being surprised.

    Finally, I need to figure out the affiliate ads stuff in blogging. I know the fundamentals, but I’m not doing the things I know I need to do.

    • retirebyforty July 2, 2018, 1:03 pm

      The goals are too hard this year. I’m not making much progress in most of them. Next year, I’ll set more achievable goals. Spending time with family is great.
      Our net worth is struggling a bit. Many of our dividend stocks are down and I have very little tech stocks. Housing is slowing down a lot, but that doesn’t impact our net worth. I rarely update the home value.

  • Accidental FIRE July 2, 2018, 3:05 am

    That which gets tracked gets improved, and looks to me like you’re killing it for the most part. You can’t be perfect on everything 🙂

    Your blog revenue is impressive, but after the years you’ve put in you sure deserve it!

    • retirebyforty July 2, 2018, 3:56 pm

      Or at least try to improve. 🙂 Thanks for the encouragement!

  • David @iretiredyoung July 2, 2018, 3:19 am

    Another good month for you Joe, it’s nice to see people doing well.

    I have a question for you about the blog income. I’m sure that I’ll never make any income from my blog, and that’s fine by me because I just do it for fun. I wondered whether chasing a revenue or income target for your blog has made you change some of the things connected to your blog to boost revenue, and whether this has impacted your enjoyment from blogging?

    • retirebyforty July 2, 2018, 3:56 pm

      I don’t think it made a huge difference on how I blog. Occasionally, I have specific posts that are geared toward affiliate conversion, but it is pretty rare. Maybe once or twice per month at the most. Other than writing specific affiliate centric post, I don’t do too much more. I add affiliate links where it seems relevant. That makes the blog more commercial, but I don’t think it’s too bad. The ads are a bit intrusive, but at least I don’t have pop up ads. Overall, it has not detracted from blogging that much. It’s a tradeoff…

      • David @iretiredyoung July 2, 2018, 9:34 pm

        Thanks for the answer. I can tell you that it doesn’t interfere with my enjoyment of your blog 🙂

  • Caroline July 2, 2018, 3:25 am

    Hi Joe, I had a good June but spent a lot of money! A trip to Playa Del Carmen coming up with my kids and a few birthdays didn’t help.
    Is Mrs RB40 able to take more time off or are you going alone to California?

    • retirebyforty July 2, 2018, 3:57 pm

      I’m going with RB40Jr for 2 weeks. Mrs. RB40 is flying down to join us a week later. She doesn’t have as much time off and she doesn’t want to spend that much time with my family anyway. 🙂

  • Maverick July 2, 2018, 4:04 am

    Looks great Joe. I believe the VFINX is up 1.96% YTD…I use it as my benchmark too.

    • retirebyforty July 2, 2018, 3:58 pm

      I just checked and VFINX is pretty much flat for the year. It was 249 on Jan. 2nd and 251 on June 30th.

      • Maverick July 6, 2018, 12:45 pm

        True, but I also include interest/dividends for a benchmark total return.

  • Tom @ Dividends Diversify July 2, 2018, 4:42 am

    Joe, It sounds like you are really enjoying your summer vacation. Was the https switch pretty easy? And do you still have time to work out with Jr. home all day? Tom

    • retirebyforty July 2, 2018, 4:00 pm

      The https switch was easier than I thought. Siteground made it very easy.
      I don’t work that much now. I blog a bit after he goes to bed. It feels good to step back a bit for the summer.

  • Mr. AE July 2, 2018, 5:06 am

    Kicking ass on the blog rev again this year! That has to feel pretty good to see wen doing these reports.

    We had a much better Q2 than Q1 – but still some room for improvement since my student loans are paid off.

    • retirebyforty July 2, 2018, 4:00 pm

      Thanks! This year is great. I don’t know how long the good time will last, though.

  • Dr. McFrugal July 2, 2018, 6:04 am

    Wow Joe! Those are some impressive numbers! And great job of amassing so many credit card rewards points and miles! You’re a pro travel hacker!

    Vietnam and Argentina are two totally different countries. Just curious… why those two countries and what will make you decide between the two?

    And if you’re in Southern California, feel free to message me if you want to hang out! 🙂

    • retirebyforty July 2, 2018, 4:02 pm

      Well, we were thinking South America for next year, but recently changed our mind. I want to check on my dad in Thailand so we’ll visit Vietnam in the same trip. Also, I’ve been having a hankering for some real Thai food. 🙂
      We’re only going to the Bay Area on this trip. You are in San Diego area, right?

      • Dr. McFrugal July 2, 2018, 10:49 pm

        Yup, I live in San Diego.
        And the Thai food in Thailand is the best! I miss it! 🙂

  • Ms. Frugal Asian Finance July 2, 2018, 6:05 am

    Wow $20 for a burger in the land of Iceland! It reminds me of when Mr. FAF went to Seattle and got a $20 sandwich (later reimbursed by his employer). He was still so hungry afterwards and had to go back to his hotel to eat some instant noodles. @[email protected]

    I’m glad you had fun on the trip though. The scenery looks amazing!

    Mr. FAF’s employer has an office in Ireland and they have their annual conference/workshop/training there, so we’ve been talking about me and our kids tagging along with him to take advantage of the free hotel. Not sure when it’ll happen since I’m about to pop out a baby in 2 months. But that thought makes me so happy and excited about going to Europe 😀

    • retirebyforty July 2, 2018, 4:03 pm

      That’s crazy. $20 sandwich and still hungry? Not cool.
      I’d love to visit Ireland someday. Maybe you should wait, though. Just 2 months? That’s coming up fast. 🙂

    • David @ VapeHabitat July 19, 2018, 11:13 am

      Thanks for sharing! Our goal this year is to start a new business and hopefully make it profitable like $5,000/month to start with. The goal for the next year – $20,000+/month

  • Angela @ Tread Lightly Retire Early July 2, 2018, 6:13 am

    Your son is really lucky to have you around so he can really have a kid summer. Good balance between big awesome trips and hanging out at home I think 🙂 Expenses may be up this year, but you are also still bringing in significant income yourself, so that has to offset it well.

    • retirebyforty July 2, 2018, 4:04 pm

      Our son is so lucky. He doesn’t even understand how lucky it is to have a dad available all day in the summer. 🙂

  • Alexander @ Cash Flow Diaries July 2, 2018, 6:39 am

    You know I really admire the time, effort and dedication you have to showing your son how awesome the world can be. You a good dad and I hoep to follow in your footsteps. My wife and I just had a baby girl 8 weeks ago and all I want so much to just be the best dad in the world!!

    Cant wait until she’s older and i can take her and show her everything!

    • retirebyforty July 2, 2018, 4:05 pm

      Thanks for the encouragement.
      Congratulations on a new baby girl. It’s amazing how such a little bundle can change your life. I hope you’re getting some sleep. 🙂

  • GYM July 2, 2018, 7:08 am

    Your blog income is great!! Now that you are going to once a week posting it will probably feel more like passive income!

    I loved both Vietnam and Argentina. One of my fave travel memories is biking on a wine tour in Mendoza. Vietnam is super cheap- when I was there they had $0.50 pho and $0.50 beer. I am looking forward to traveling to more fun places when baby is school age like yours! Thanks for the inspiration that it can be done!

    • retirebyforty July 2, 2018, 4:07 pm

      Wow, you’ve been to a lot of places. Nice! 🙂
      Argentina sounds really nice and cheap. Wow, 50 cents pho and beer? I didn’t know it was that cheap. Traveling with Jr is a lot of fun now. He’s open to a lot of things. He’s such a lucky kid to see the world at this age.

  • Jim @ Route To Retire July 2, 2018, 7:12 am

    Looks like another great month! That’s a step forward with Toastmasters – I know that’s been on your goals list for a while.

    I noticed “Pet” on your list. I probably missed it in a prior post, but what do you guys have?

    As for us, we just got back from Kelleys Island and have some fun camping and cabin trips lined up before our cruise in the fall. This summer will probably be the last of the vacations for a little bit with the move to Panama next year – that should really just count as one big vacation though!

    — Jim

    • retirebyforty July 2, 2018, 4:08 pm

      I gave up on Toastmasters for now. There just isn’t enough time to squeeze them in. 🙁
      We have 1 cat. We used to have 3, but down to 1 now.
      I’m really looking forward to reading more about Panama. It’ll be a great adventure.

  • Lily | The Frugal Gene July 2, 2018, 7:41 am

    Great month! We went to a Thai restaurant yesterday and I got this dish called Kao (Khao?) Soi that’s very popular in Thailand? Man it was the best thing I’ve put in my tummy this whole year! 😀 I need to master that dish, and that’s my food goal this quarter lol!

    • retirebyforty July 2, 2018, 4:10 pm

      Khao Soi is one of my favorite Thai dishes. It’s from Northern Thailand, where I grew up. I love it!
      It’s not that difficult to make either. Cook it a few times and you’ll master it. Easy peasy.

  • Financial Samurai July 2, 2018, 7:45 am

    I like how you compare passive income total to expenses. It’s funny, but I haven’t really tracked or looked at our expenses for years b/c we’ve always just paid ourselves first a set percentage. Maybe we’re too afraid to look at how much we spend in expensive SF.

    Benchmarking your NW to the S&P 500 is a good move. I’ve always had a 10% annual target, which is getting harder and harder to achieve. I’ve got my fingers crossed my RE crowdfunding will do well. Could be a big difference maker in returns given I’ve got a relatively large amount invested.


    • retirebyforty July 2, 2018, 4:13 pm

      I’d love to see how much you spend in SF every month. Your income is great so you don’t have to worry at all. That’s your strength.
      This year is really tough for us. Everything seems to be pulling back. I was hoping for better, but I’ll probably have to be happy with flat this year…

    • John July 16, 2018, 5:18 am

      I’ve been trying to figure out how real estate crowd funding could fail. It seems that if the project is value add and currently has a good cash on cash yield with an experienced sponsor, there’s a low chance of failure.

      The tax benefits are pretty great and the returns seem very good. I’ve received all my payments as expected so far, but we haven’t seen a recession in a very long time.

      • retirebyforty July 16, 2018, 9:53 am

        If a company goes bankrupt, that could be bad. Investors probably will get very little back. Hopefully, business will continue to be good for most sponsors.

  • Helen July 2, 2018, 9:42 am

    Hi Joe, great, you had another solid month financially. Yeah, I love the long summer days. It won’t get dark until after 9 PM. That’s so wonderful.

    I agree with you: your son is a lucky kid. For many kids, both of their parents are working, they have to go to the back-up care. It’s not that bad as the regular school days, but still it’s not that free and relaxing as home. Enjoy the summer!

    • retirebyforty July 2, 2018, 4:19 pm

      Summer is the best time in the pacific northwest. I love it.
      We sent Junior to camps in previous years, but his usual childcare/camp facility is closing. That’s okay because he’s getting older and doesn’t need as much supervision. It’s a lot of fun to spend time with him now. Pretty soon, he wouldn’t want to hang out with me anymore.

  • Doc G July 2, 2018, 11:41 am

    It sounds like you guys are having a great summer. Lots of vacation/staycation. Not a bad way to live.

  • Susan @ FI Ideas July 2, 2018, 1:04 pm

    You are heading our way on your road trip. We live in Stockton, not a glamorous location, but it often is on a road trip as a go-between. If you have a chance to stop by or need an overnight, we can host you. Even if we are not here — we are going backpacking mid-month.

    I really appreciate the details you provide, as I also have many individual stocks and real estate. Crowdfunded read estate and travel points are new areas, so I’m trying to learn. Your details are very helpful. Thank you.

    • retirebyforty July 2, 2018, 4:22 pm

      I’ve driven by Stockton a couple of times on the way to/from Southern California. This time, we’re going to the Bay Area, though. Driving to southern CA is a bit too far for me now. I used to drive from Portland to LA. That’s a long drive. 🙂

  • Janet July 2, 2018, 1:44 pm

    Very impressive, keep it up! Really enjoyed that Iceland post and thanks for sharing your blog income 😀

  • Revanche @ A Gai Shan Life July 2, 2018, 4:39 pm

    Happy July!

    June was a decent month with a few hiccups for us, so overall, not bad! I’m making some changes to how I handle some of our money with an aim to improve our passive income.

    • retirebyforty July 4, 2018, 7:45 am

      There is always room for improvement. 🙂
      Our net worth is really stuck in first gear this year. Oh well, we can’t win every year.

  • Young FIRE Knight July 3, 2018, 10:52 am

    That’s awesome Joe! Another great month.. the markets haven’t done great this year but hey – bumping up is better than being down right!

    That’s awesome you get to spend so much time with your son, I’m sure it’ll be something he looks back on and is appreciative of.

    • retirebyforty July 4, 2018, 7:49 am

      Right, I’m a lot more conservative lately. We’ll see what happens when the bear market arrives.
      Summer is great so far. We’re both having a good time.

  • Ms ZiYou July 3, 2018, 1:29 pm

    I love how you are giving RB40 junior such a fun childhood. He’s lucky to get so spend so much quality time with his Dad. And you are taking him on more trips? That’s awesome.

    And the finances look like they are going well, with Mrs RB40’s income meaning you can easily cover everything. Does she still enjoy working?

    • retirebyforty July 4, 2018, 7:51 am

      He is such a lucky kid. We’re heading to CA for 2 weeks soon. This summer is going really well. 🙂
      Mrs. RB40 still enjoys working, but it’s starting to change. Many of her close friends at work are retiring or have moved. That makes a big difference.

  • Xrayvsn July 4, 2018, 9:52 am

    Nice summary of your year to date. Anytime you have a + growth in net worth it is good in my books, no matter the number (plus at the higher net worth levels even a small percentage can mean a significant dollar amount).
    Impressive travel hack points you have accumulated. That is something I need to look into myself.

  • Olivia July 5, 2018, 10:18 am

    You’re living the best summer life! Have you considered switching out to a nicer theme for the site redesign? I feel like nowadays you can get those for under $100 and they look modern and super sleek. The custom ones seem to run thousands of dollars!

    • retirebyforty July 5, 2018, 4:58 pm

      I love it. This summer has been the best since I was a kid. 🙂
      I will look for a nicer theme. Do you have any recommendation? It’s just a lot of work to change…

  • Simon | Vistafolio.com July 5, 2018, 4:01 pm

    This is great! You have a good diversified range of passive income sources. It would be interesting to know which of them provides the best ROI (return on investment) for the capital and time invested. Also which of them do you think is providing capital growth (in addition to the income)…

  • FIRECracker July 7, 2018, 3:22 am

    Congrats on a great month, Joe! What kind of changes are you planning to make to the blog? I’m always torn between doing everything myself and hiring designers/coders. As engineers, we tend to think we can everything ourselves, but I feel like I should re-invest some of the blog earnings to free up my time to write. Also I know nothing about visual design–might take a design course or maybe just be lazy and hire a designer. What are your thoughts? DYI or outsource?

    • retirebyforty July 7, 2018, 9:27 am

      I’d rather DIY, but I don’t have time. It’s probably better for me to outsource it. It will take me at least a month to DIY and that time could be better spent on writing.

  • Money Beagle July 10, 2018, 6:15 am

    Not bad! Good luck the rest of the way. Goals are always fun to make and track. You have some good ones.

  • James July 26, 2018, 6:26 am

    Joe – nice move with the $100,000 in realtyshares. If the return on that is solid, you should do well over the long term.

    Are you at all concerned that fractional ownership is still a relatively new asset class? Typically in order to judge the value of the asset you need at least a decade of data to see how the performance numbers do in the long term as well as how well the asset correlates with other asset classes.

    Also, at least as far as we can judge the peer to peer industry, companies built on fractional ownership/crowdfunding often need to morph or change their business model to scale.

    Is a worry of yours? Are you doing anything to mitigate this risk?

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