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Thirties

Accumulate Wealth in your ThirtiesThose who discovered the idea of Financial Independence in their late teens and early twenties are able to accumulate wealth and retire early in their thirties, if they so choose.  Wouldn’t pursuing ventures you are passionate about, without the necessity to generate working income in your thirty somethings, be the ideal lifestyle? This will take enormous dedication and following the advice in our letters to build income producing assets while remaining quite frugal. The less extreme will manage families, build a business or side hustle, work up the corporate ladder, and accumulate wealth a little more modestly. This accumulation phase can be boring, but also exciting as you finally start to see how your efforts compound over time. Let our parents show you how to best position your investments in preparation for living off the income early and how to avoid lifestyle inflation that can lead to working the typical 40 year career.

Accumulate Wealth in your Thirties

money buys happiness


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Twenties Thirties Forties Fifties

Does Money Buy Happiness? Sure Does, but not in the way you think.

The pursuit of happiness is a path riddled with potential missteps. You must truly understand how best to utilize money and the most valuable resource it can purchase. It’s not the house, fancy cars, exotic vacations, gadgets, designer clothing, or anything similar that will bring you lasting joy. I’m fairly certain, everyone will agree that this is the best investment money can buy.
compare cost of living


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Twenties Thirties Forties Fifties Sixties Elderly

Compare YOUR Cost of Living vs the Average American

Discover Runaway Expenses by comparing your cost of living to the average American. I’m walking through an exercise using data from the Bureau of Labor and Statistics with my daughter. We are going to compare our family’s expenses versus the averages from the Consumer Expenditure Survey. Go through the steps yourself and find areas of opportunity to cut costs or even reveal a philosophical vulnerability, as I did.
tax avoidance funds


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Twenties Thirties Forties Fifties Sixties Elderly

What Investments go in Which Account for Tax Avoidance?

You may be losing money by simply not understanding which accounts are the best place to hold your investments for tax avoidance. If you have holdings outside of a retirement account, you’ll want to know these tax efficient investing strategies.  Let's walk through a 10 step process to rebalance and stop paying Uncle Sam more than his fair share.
Retirement Calculators


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Twenties Thirties Forties Fifties Sixties Elderly

Financial Independence and Retirement Calculators are near Useless

Forget the online Financial Independence calculators used to predict early retirement and investment returns. I’m sorry, but you need to create a customized plan to FI or hire a professional to do so. Don’t be discouraged and give up based on results of these tools and think, “I'll never retire, if I need a bajillion dollars to do so.” Let’s see how a typical american family can retire earlier than anticipated.
Rental Properties Landlord Horror Story


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Twenties Thirties Forties Fifties

Dark Side of Rental Properties – A Landlord’s Horror Story

Becoming a landlord and investing in rental properties was the worst mistake I've ever made financially.  My story will scare you into thinking twice about trying to become the next "Donald" of your town.
theFIway

Introducing the Financial Independence (FI) Way of Life is one of the greatest gifts parents could give to their children. A strong foundation of Financial Literacy, at a young age, can drastically improve the pursuit of happiness. The path to Financial Freedom is not taught in schools and may be discovered when it’s too late to have a meaningful impact on life. Parent your children to prosperity theFIway. Through a series of letters to the next generation, we share experiences and knowledge to help others achieve Financial Independence. Please follow us on Social Media for immediate updates.

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