Work-Free Wealth

Income Investing for Financial Independence and Early Retirement

Recent Posts

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 […]

Simplified Withdrawal Rate FI checks

I found that when getting closer to call it quits and enjoy the post FI life, nervousness tends to increase.  With increased nervousness which is really nothing other than good old fashioned fear to run out of money, we have a tendency to seek certainty in running a bunch of calculations and checking a variety […]

Defining enough or the slow road to Minimalism

Minimalism is a fantastic concept.  I very much agree with the principles of having less stuff.  It not only reduces your footprint but it also helps in feeling less stressed.  You don’t have to worry about scratches on your new car, cracks in that fantastic marble floor or countertop, or storing all the stuff that […]