Man, I’ve been on a roll with these podcasts! My latest appearance was on the Countdown to FI podcast and it was truly a lot of fun! Mr. and Mrs. CTF are some great peeps to talk to and talk we did! We stuffed a lot into this show with a lot of discussion that hasn’t been brought up in previous podcasts. Some of the conversation revolved around our countdown to early retirement and what our plans are. We discussed the bucket system along with a couple of the ways that we’re planning to pull money out of our retirement accounts early. If you’re not familiar with the Roth IRA Conversion Ladder or Rule 72(t), we got into those a
I’ve realized over the past year or so that I really suck at giving to charity. Sure, I do a nice job of donating clothes to Goodwill throughout the year. However, Goodwill tends to have a bad rap when it comes to pay and where donated clothes actually go. Because of the question marks we tend to have on the organization, we’ve shifted more toward donating clothes to Volunteers of America most of the time. I also consistently donate a ton of books to the library, but they’re generally books I bought from the library in the first place. I buy books from the library books sales for my daughter… a lot of books! Then after we read them so
Have you ever heard the saying “the rich get richer”? It’s the go-to cry of the American working man and woman against the inequality that seems to arise when more fortune seems to fall on the wealthy. I started thinking about that saying recently and you know what? I think it’s true. It’s not that hard to see that the middle class is slowly being squeezed out. Wages for middle-class Americans have been relatively stagnant while prices continue to rise. On the flip side, the wealth of the top 1% continues to grow to tremendously disproportionate levels. But why is that – is there a reason that the rich get richer? The more I thought about it, the more I
I had an opportunity to appear on the Chain of Wealth podcast recently and it’s now live! If you’re not familiar with Chain of Wealth, they started the site in 2017. Who’s “they” you ask? Denis and Katie, of course! They created the blog to walk through the story of Katie paying off her debt. Their podcasts focus on interviewing folks that can help inspire others. I was excited to be a part of their show! In this podcast, of course, we got to talk about our plans for Panama. But we also had a good discussion about the role of kids on the path to FIRE. There’s an impression that seems to linger in our society that kids make
3 years. That’s what this blog post marks… three years of blogging on Route to Retire. For new bloggers, this might sound like a long time. However, I look at some of the others out there who have been doing this for over a decade – like J.D. Roth at Get Rich Slowly or J. Money at Budgets Are Sexy. It’s then that I realize I’m still somewhat of a rookie in the blogosphere. I’ve consistently posted a minimum of once a week (haven’t missed a week yet!) and I’ve seen a steady increase in both readers and blog income. On last year’s anniversary, I talked about what I’ve learned about blogging. That seemed to help a lot of newer bloggers out.
Buying an investment property might be one of the smartest things you can do… if you do it right. Most of my money is in the stock market because of the ease of investing in it, the company match offered, and other incentives. However, I don’t fully trust it. The biggest reason why is that you don’t really have control over what happens. Sure, you can choose your specific investments, but it’s not up to you to determine if that stock will go up or down. When you’re buying an investment property, though, you have the ability to determine your own path. If you understand the numbers, you can put yourself in a position where you’ll likely be successful. We