For weeks I’ve been hinting at it, and at last I’ve finally put it all together! The end of the year and the beginning of the new one is the perfect time to sit down and revise your goals. So what better time than now to publish the latest edition of my ultimate plan for becoming financially independent! This is not a retirement plan you will find anywhere else. How can I make such a bold claim? Because my plan for financial independence does what no other plan on the web does – use real numbers to show just exactly how much money I plan to generate and how I will get there! … [Read more...] about My ULTIMATE Plan for Becoming Financially Independent – December 2013 Update
I’ve got a confession for all of you: I’m getting impatient! It was approximately 10 years ago that I first learned what a 401k was (I had never even heard of one before) and began my first steps towards saving for retirement. Like many of you, I knew the path to create wealth would be lined with hard work, lots of saving, and choosing the right investments. I took the conventional financial advice and began with a modest 10% savings rate. It wasn’t until the last few years that I’ve tried to accelerate my results by bumping my savings rate to extremely high amounts. So is it any wonder … [Read more...] about Is the Conventional System to Create Wealth Rigged?
I was very pleased with the level of interest and positive reaction I received for my previous post on how I plan to retire early in Money Design update in October. However, that update was only merely a sketch of where I wanted to be. As I’m sure any designer can tell you, no blueprint is ever really complete until you put numbers to it – even if it’s a blueprint for your plan on how to achieve financial freedom. In this update, we’ll seek to build upon my earlier retirement income strategies by making some assumptions about how much money my family could expect to take in from our … [Read more...] about My Money Design for How to Achieve Financial Freedom – November 2012 Update
I hope everyone had a great time on Halloween! Ours went pretty well. The kids scaled the neighborhood in about 30 minutes, which was perfect for Mrs MMD since she was freezing her tail off walking them around. The haunted garage was another hit, and I took down a lot of great ideas for next year. My only complaint was that I wish we had had more visitors. Things in our area were a little caught off guard by the cold and rain, but I’m not going to complain since just about anything is better than the mess they had to deal with on the East coast. I will have an epic post next week that will … [Read more...] about Weekend Wind Down 11/03/2012 – Epic Post Next Week