Work-Free Wealth

Income Investing for Financial Independence and Early Retirement

Recent Posts

Should I save in a taxable account for early retirement?

The common advice for saving is always to max out your 401k and other tax-advantaged accounts.  I am certainly not disagreeing with this for anybody just starting out on their savings journey or while in full swing of their high-income career.  After all, a lower tax bill is nice.  But what if you get this […]

Hedging your portfolio – or tough out the next bear market?

With the bull market in its 8th year and stock market valuations stretched by most measures, for people who have been around bear markets (myself included) the fear of a looming market drop is increasing.  I have to admit the prospect of sitting on the sidelines and watching my portfolio balance get cut in half […]

Generating Passive and not so Passive Income

The IRS defines passive income as net rental income or income from a business in which the taxpayer does not materially participate.  Dividends and gains from stock sales are not considered passive per this strict definition.    I would prefer to define income as passive along the lines of work and time commitment needed similar to […]

Income Investing in Retirement

The accumulation phase of savings is fun.  There is something very satisfying about seeing your balance grow (obviously this works best in bull markets).  You could be investing your entire paycheck when you are getting close to Financial Independence/Retirement and theoretically you could already be living on your savings.    It can be an almost addictive […]

How to get to 5 million without going back to work

The early retirement /financial independence lifestyle is great.  You like your new life, new hobbies, ways to stay engaged – everything you want in your lifestyle.  Too bad that none of your hobbies pay you anything.  In fact, they cost you a bit more money when you anticipated.  Which is a problem if you did […]

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