Posts Tagged ‘early retirement’

The Slow DRIP to Massive Wealth

Back in the 1980s and 90s a company advertised heavily promoting dividend reinvestment plans (DRIPs). The commercial looked like a staged radio show with a woman telling the audience no one has an incentive to promote these great programs to invest in the biggest companies in America. I don’t know if the companies with DRIPs…

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Personal Solutions to the Healthcare Crisis

In the United States healthcare has gone from crisis to tragedy. Double digit increases in insurance premiums for many years on one hand and a tax code that forces you to pay up on the other is a painful experience for many family budgets. The current tax code contains a health insurance mandate; have health…

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Side Gig: Tax Preparation

A common request the last few months involves starting a tax preparation side gig. A seasonal tax prep business can be rewarding if you follow a few simple rules. And if it spirals out of control you might find yourself working a full-fledged business 30 years later like a certain tax professional we will not…

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Your Share of Passive Income

The biggest risk most people have when it come to building wealth is putting all their eggs in one basket. Having one full-time job supplying you with 100% of your income means you are either doing well or in a crisis. Wealthy people and large corporations have multiple streams of income and continually work to…

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Real Estate versus Index Funds

As you work toward financial independence the question pops into your head: Which investment is best to get me there?  Index funds usually, or at least should, top the list. Real estate is not far behind. People wrongly believe real estate is a better investment vehicle than a broad basket of stocks. The first fallacy…

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Respite

I’m proud of what I’ve done to the FIRE (financial independence, retire early) community. Once upon a time Mr. Money Mustache and Early Retirement Extreme dominated the demographic; MMM still does. The shtick of the community focused on the ER part of the equation. FI was a tool to live ER. Guys like Pete at…

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If You Haven’t Retired by 30 You’re a F—— Failure

When I first discovered the FIRE (financial independence, retire early) community I didn’t even know it was a community. Always eager for a good read, I mentally grazed on the offerings of blogs around the internet. Intrigued by frugality I was naturally drawn to these blogs and news articles. Poverty was well in my past,…

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You Can Do Anything . . . Just Not Everything

As I surf around the internet I sometimes run across people commenting on me and this blog. A common refrain goes something like this: “The Wealthy Accountant blog isn’t really about accounting or taxes.” I know! This blog is written by a wealthy accountant. My goal is to get you to think like an accountant…

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