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Tagged With "goal"

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Tagged With "goal"

  • Welcome - Start Here & Introduce Yourself
    New to this Community and Excited
    Nef2 replies
    👍🔥
    Hey everyone, Been watching the MM YouTube channel for a few years, loved the clear and concise message. The content really hit home. My parents didn't teach me what really matters with respect to financial freedom and wealth building. I don't blame them because their parents didn't either. So, with that said I am on a mission to help my son be better prepared. Albeit I feel I am a little late to the party. Either way, that won't stop me from living and working on goals for me and my family.
  • Topic Reply
    Re: New to this Community and Excited
    Nef
    Thanks @Landon Martin It's going to take time (and money) but every little step towards the goal should get me there.
  • Retirement Planning
    Who is Considering Retiring Early?
    Nef8 replies
    👏
    I am. (Well my wife and I) Our short back story: We aren't wealthy by any means. But, my wife and I were having a discussion and ultimately came to the conclusion that we both are on the same page with respect to not working until the US recommended retirement age of [65-67]. We are in the mindset that It doesn't make sense to potentially waste prime years of our lives working in hopes of enjoying retirement without the assurance we will have the necessary [health or wants]. We prefer to...
  • Topic Reply
    Re: Who is Considering Retiring Early?
    blaise_89
    Congratulation for your brave and uneasy journey! I like the FIRE movement, and this shared pursuit of good financial behaviors. However, I hope that one day automation and its profits will allow us a universal basic income, so that we won't have to "buy" our freedom as we do nowadays.
  • Topic Reply
    Re: Who is Considering Retiring Early?
    Riva951ie
    👍👏
    Hello, I too am also trying to retire early. I also do not want to wait till I am 65 to retire and not have the energy as I do now to get around and travel. I see you have a great list here. However, for me what has worked the best is real estate. This brings in passive income from 3 properties. I have paid one off at the end of last year. Now all profit. Even though I want to buy another one for me to live in, I do not think its a buyers market with the influx in prices. I will wait it out.
  • Topic Reply
    Re: Who is Considering Retiring Early?
    Nef
    @Riva951ie that is great. Based on what you've mentioned looks like you are on the right path. Good luck on the house hacking for your next purchase. Seems like a solid plan for your next investment. Can you tell me a little on what type of property you purchased first and how you made the decision to go for it? Any challenges that were not foreseen? (any reply can be concise) I know it can be burdensome at times to type out the answers to some questions. 🙂 :Nef:
  • Topic Reply
    Re: Who is Considering Retiring Early?
    Riva951ie
    @Nef I first bought a single family home (all 3 are). Honestly I was more forced to buy this since I did not qualify for much and having a truck payment did not help out either. However, my agent did recommend this area and the house value has gone up almost 300%! So in short, I qualified for so little and that was in my price range. This was in 2011 when I got the house for 83K =)
  • Topic Reply
    Re: Who is Considering Retiring Early?
    Nef
    🙏
    @Riva951ie : Wow, that is so cool how things worked out in your favor albeit challenging. Hope this year bring more fruitfulness.
  • Topic Reply
    Re: Who is Considering Retiring Early?
    kanejoyce885
    Your article is very useful for me, hope to read more of your articles, I also just found a pretty good game that is smash karts if you have free time you can join and play with me

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