A Better Alternative to Working Too Much

employee working too much

Ambition can be a good thing. That is … until it drives you INSANE because all you do is work – all of the time! All too often we make the mistake in our careers by having the notion that taking on more and more projects will convert proportionally to more income. But then we’re disappointed when all that happens is we end up working way too much and the whole thing just blows up in our face. Believe it or not, there’s a theory in economics that can help explain why this is an effort in vain.  But as you’ll find out, where one door closes, another one can open. Let’s take a dive … [Read more...]

What Would You Do with $100,000 if You Waited One More Year to Retire?

What Would You Do with $100,000

One of the fun things to think about when it comes to investing is what happens when your assets reach critical mass – the point at which your money is self-sustaining.  Generally that’s when your compounded returns are so large that they could support you if you were to suddenly stop working. Most of the time the goal for retirement is to reach this point and have our finances start to take care of us.  BUT … for fun, let’s consider what would happen if we didn’t. Let’s suppose you had accumulated $1 million dollars by the time you had intended to retire.   But being financially savvy, … [Read more...]

My eBook Publishing Update – May 2015

ebook on iPad

I was really hoping that for my first eBook publishing report I would have some kind of wonderful news to share with you. Something great like I had made well over $1,000 in my first month or that my book has been downloaded over 10,000 times. Well … … unfortunately that’s not how it’s gone at all. As you may already know, last month I released my first eBook. Though I’m very proud of what I’ve created, I will say that in all honesty this new venture is proving to be more challenging then I originally thought! But that’s how these things go.  Developing a true passive income … [Read more...]

How a Backdoor Roth IRA Conversion Could Help Your Early Retirement Strategy

convert money

In the past I’ve talked before about how a 72t is a key part of my early retirement strategy. In case you’re not aware of what that is, a 72t is a special exception in the IRS rules that allows you to take money out from your 401k or IRA before age 59-1/2 and without facing that stiff 10% penalty (we’ve got a whole post about it here).  For anyone looking to retire early, that’s a massive win! While that’s all fine and good, one of the things I like to make sure of when it comes to my money strategy is to always be searching for something better. Maybe an option with less rules or … [Read more...]

Niche Website Income Report 29 – $1,121 for April 2015

niche website

Welcome to the April 2015 edition of my niche website update and income report. Every month I like to share with my readers what’s been going on with one of my biggest passive income building activities – being the owner of several niche sites that I created and maintained.  Each of these websites has their own particular monetization strategy that I’m constantly trying to foster and develop.  The goal of course is cultivate them into streams of regular income that I can use to supplement my savings efforts each month. To be honest a lot of my time in April was spent on a different … [Read more...]

14 Week Cancer Update and My Thoughts on Dying


I just wanted to give everyone another quick update on my fight with cancer.  Things have been going fairly well so far, although I’m starting to feel more of the cumulative effects of chemo.  This past week was somewhat of a milestone for me – I’m officially halfway through my treatments!  Within the next few weeks I’m scheduled for a PET scan where they will be able to tell just how much my tumor has shrunk.  Our fingers are crossed for some good news! Aside from the actual treatments themselves, I can tell you this – in the days of post-recovery after chemo, you get a lot of time to … [Read more...]

Get Ready to SAVE BETTER! With My First eBook


Did you know that if you had started out your career maximizing your 401k every year, there’s a very distinct possibility that you would retire by age 62 with over $7 million dollars? Did you know that by saving your money in an IRA or 401k you’re actually saving as much as $509,774 over 30 years in compounded returns from NOT letting $4,500 slip away to taxes each year? Or, how about that a Roth-style 401k or IRA might NOT be your friend (contrary to popular belief).  In fact, a Roth may end up costing you over $1 million dollars of lost fortune depending on how you plan to … [Read more...]

How a Good Asset Allocation Model Can Impact Your Financial Future

Asset Allocation Model

Assets allocation is just not one of those topics that most people find particularly sexy.  Usually it’s the sort of thing that gets about as much attention as the instruction manual to your Blu-ray player. But as you’ll see below, it’s one of those parts of investing that you simply can’t ignore – largely because it can have a MAJOR effect on your finances and how long they ultimately last. The reason I wanted to bring this up is because of the roller-coaster of market activity lately.  In case you haven’t checked your stocks or 401k balance in a while, there have been some pretty big … [Read more...]