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I’m Bringing Back Summer Breaks

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Do you remember summer breaks when you were young? I barely remember them anymore. (I’m 44.) They all ran into each other, but I still recall that awesome feeling when school let out. Summer was full of possibilities and I had endless time to do whatever I wanted. That’s the taste of freedom for kids […] Read More

About the author: 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.

Are You Worth More Than You Earned?

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Have you ever wonder how much money you’ve earned over the years?  I mean, it has to be a sizeable sum if you’ve been in the workforce for a while. I was thinking about this and came up with a natural follow up question. Is our net worth more than what we’ve earned? After all, wealth […] Read More

Why FIRE Is Such a Compelling Story

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Why is FIRE such a compelling story? Let me share my theory. Check it out and let me know what you think. For new readers, FIRE means Financial Independence and Retiring Early. It’s an awesome alternative to 40+ years of the regular 9-5 lifestyle. FIRE is scary and radically different than what we thought life […] Read More

Is Our Duplex a Good Investment?

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It has been a long time since I gave an update on our small rental duplex. This house is a single family home that was converted to a top/bottom duplex back in the 80’s. The upstairs is a nice one bedroom apartment with a lot of natural light. The downstairs is a spacious one bedroom […] Read More

Taxation with Representation Ain’t so Hot Either

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Are you done with your taxes? If not, we’re in the same boat. I finally received the K-1 forms from RealtyShares earlier this week. Real estate crowdfunding generates great passive income, but their tax documents come in so late. Anyway, I’m trying to wrap it all up and get the taxes filed by Saturday. It’s […] Read More

Passive Income 2018

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Q1 is in the bag and 2018 is a 25% over! Time flies, doesn’t it? How did you do with your finances in Q1? Overall, we did okay. The stock market was volatile in Q1 and our net worth bounced around quite a bit. At the end of Q1, our net worth is back to […] Read More

One Engineer’s Perspective on Early Retirement

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I’m writing this one to share my perspective on early retirement. The next time someone complains about my brand of early retirement, I’ll just point them here. First off, this is just my opinion. Feel free to disagree and define your own early retirement. There is no one right way to do it. It’s your […] Read More

March 2018 Goals and Financial Update

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Hey everyone, did you have a good Easter and spring break? We had a relaxing day at home and Mrs. RB40 cooked a bunch of food. She also picked up The Last Jedi DVD from the library and we enjoyed the show tremendously. Last week was spring break for us. We didn’t go far and […] Read More