Work-Free Wealth

Income Investing for Financial Independence and Early Retirement

Category: Income

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 […]