Early in my investing life, I purchased residential rental property for the passive income and hedge against inflation it provides. My mom was a realtor and came across undervalued housesĀ from time to time. She had access to bankers whoād be willing to finance my purchases. She knew construction people who could estimate how much āsimpleā … [Read more…]
Boomer, I happened upon this book when I was deciding whether or not to retire. I’d spent a career spending less than I earned and investing the rest.Ā Ā no longer needed the cash to work.Ā My career had pretty well run its course.Ā I was still treated well. After all, theyād given me a … [Read more…]
I had a mealĀ with my friend RonĀ yesterday.Ā Over baked ziti, I told him I was writing some blog posts about Social Security. OMG. Ā The mere topic made him furious. āSocial Security is bankrupting the country.Ā It will be broke by the time I retire.Ā Thereā¦Willā¦Beā¦N-o-t-h-i-n-gā¦Left,ā he hissed. (It was a little scary.) America is evenly … [Read more…]
My dad retired at 56.Ā Most would say that heād taken all the right steps to secure his financial future.Ā Heād made a habit of spending less than he earned, owned a beautiful home outright, and had his money in nice āsafeā vehicles, like Certificates of Deposit (CDs), money market accounts, and annuities.Ā His … [Read more…]