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Using Rental Properties to Create Retirement Income

A few months ago, I crossed paths with real estate investor G. Brian Davis who asked if he could write a guest post for Can I Retire Yet? Using rental real estate to create retirement income is a topic of interest for many readers, and a topic Darrow and I have little personal experience to …

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June 2019 Best of the Web

Each month we share the best resources we’ve found to help you save more, invest better, and retire sooner. Popular topics are building wealth, DIY investing, creating retirement income, managing risk, and limiting your tax burden to enable you to use your money to build the life you want. Early retirement frees up the time …

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Helping Aging Parents With Their Money

Many of us will have to care for aging parents at some point in time. For some, that will mean managing your parent’s finances as they deal with dementia or Alzheimer’s disease. For others, it may mean helping support your parents financially or physically. Some reading this are parents who want to make their wishes …

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3 Reasons a Child Can Help You Retire Sooner (And 1 Big Reason Why You Shouldn’t)

Are raising a family and saving for early retirement compatible? Raising children costs money. There is no disputing it. A common narrative says having kids makes achieving a secure retirement difficult. And early retirement is a pipe dream for those with children. I’m going to challenge this conventional wisdom by sharing three reasons having a …

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May 2019 Best of the Web

Each month we share the best resources we’ve found to help you save more, invest better, and retire sooner. Popular topics are building wealth, DIY investing, creating retirement income, managing risk, and limiting your tax burden to enable you to use your money to build the life you want. Early retirement frees up the time …

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3 Bad Financial Decisions That Helped Me Retire Sooner

We tend to judge our decisions by outcomes. In her book Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts, Annie Duke points out the faulty logic of thinking this way. We love things to fit in neat little boxes. But life is far more nuanced. Nearly all decisions have to …

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Why Is Investing So Difficult?

We write about many topics on this blog. One consistently popular topic is investing. It’s honestly hard for me to wrap my head around why our investing posts are so popular. Darrow annually publishes a post sharing his investment portfolio. Last summer I shared my portfolio and investment policy statement. Our philosophies are similar. I …

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April 2019 Best of the Web

Spring is a time of new beginnings. If you’ve been putting off planning retirement, we’ve got a great collection of articles from around the web this month to get you back on track. This month’s articles explore the benefit of preparing for early retirement, even if you’re not sure you’ll ever want to retire early. …

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Choose FI: Your Blueprint to Financial Independence

My last day of work as a physical therapist was Friday, December 1, 2017. The following Monday I sat down to begin work on a book that I’ve felt the need to write for years. For the past 17 months, I’ve been collaborating with Brad Barrett, Jonathan Mendonsa and their team behind the ChooseFI podcast …

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Staying Strong in Retirement

Retirement planning exposes some cruel ironies of life. Most young people have an abundance of time and health in their school/training years, but little money to take advantage of these non-financial assets. Most of us enter our adult years with our health as we shift our focus to careers and family during our peak earning …

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March 2019 Best of the Web

It’s time for our monthly collection of the best articles from around the internet to help you save more, invest better and retire sooner. We start with a few articles about the advantages of investing for the long term and end with articles that focus on the intersection of family and finance. In between we …

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Order of Operations for Tax Advantaged Investing

U.S. tax laws are complex. Spending my time and energy thinking about complicated tax schemes ranks right up there with having dental work done. . . without novocaine. However, mistakes I made early in my career made me realize that totally ignoring tax planning is an expensive mistake. Taxes are a major detriment to building …

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Staying Healthy and Mobile In Retirement

I’m passionate about helping people use their money to live a better life. I’ve written hundreds of blog posts and recently finished a book manuscript to these ends. But I have no formal training in investing or financial planning. I’m also passionate about helping people improve their health and fitness to live a better life. …

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February 2019 Best of the Web

February has come and nearly gone. It’s time to share the best articles we’ve found around the web from the past month. We have a little something for everyone this month. We start with two heavy hitters in the retirement planning space questioning conventional wisdom around creating retirement income. Our articles emphasize the importance of …

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Financial Autopilot

In an era of two income households struggling to make ends meet, my story sounds extreme. I retired from my career as a physical therapist at the age of 41 while my wife cut back to part-time work five years earlier at age 35. Some might think we spent a lot of time thinking about …

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Building Your Work Optional Life

Tanja Hester and her husband, Mark Bunge, retired in December 2017 at the ripe old ages of 38 and 41. Hester, author of the award winning blog Our Next Life, is releasing a new book, “Work Optional: Retire Early the Non-Penny-Pinching Way,” to help others create their own early retirements. As a long time reader …

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January 2019 Best of the Web

The biggest news from the investing world this month was also the saddest. John Bogle passed away. Investors lost their biggest ally. The world lost a great man. We start our round up of the best articles from around the web with a few paying tribute to Mr. Bogle. There were several great articles for …

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Early Retirement Tax Planning 101

Complaining about taxes is our national pastime. Many people think others aren’t paying their fair share. At the same time, we’re all certain we’re paying too much. Nearly everyone complains about taxes. Few people take the time to actually understand the tax code and learn the easy, legal and low risk ways they can reduce …

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Using Leverage to Create Retirement Income

Traditional retirement planning focuses on accumulating assets, which eventually are converted into an income stream to last a lifetime. Creating retirement income without exhausting your portfolio presents a fundamental challenge. This is especially problematic for early retirees for three reasons. First, your money may need to last much longer than traditional retirees’. Second, early retirees …

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December 2018 Best of the Web

2018 is coming to an end and it’s time for December’s best articles from around the internet to help you save more, invest better and retire sooner. This month’s articles share insight on investing in the face of recent market volatility. We discuss the personal aspects of investing, reasonable market forecasts and how to add …

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Finding the Right Financial Advisor

This blog is written for and by DIY investors and retirement planners. In the process of working on it, I’ve learned a lot of people need personalized financial advice and guidance. It would be failing a large percentage of our audience to not recognize their need and assist them. This is challenging with a financial industry …

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