Joe Udo

153 Flips | 3 Magazines | 1 Like | 9 Followers | @JoeUdo | Joe retired from his engineering career at 38 to be a stay at home dad/blogger. Follow Retire by 40 to see how he did it.

How Much Money Do You Need To Feel Wealthy?

Tweet43<p>Pin3<p>Share60<p>Flip<p>+110<p>116 Shares<p>Last time, I asked – Can YOU become a millionaire? Incredibly, 95% of voters picked yes. That’s awesome, I love …

Investing

Can You Become A Millionaire?

Tweet<p>Pin1<p>Share3<p>Flip<p>+1<p>4 Shares<p>Recently, I saw a question on Twitter – <b>Can anyone become a millionaire?</b> My gut instinct said yes. I was sure anyone can …

Investing

Should You Invest in the Stock Market Now?

Should you invest in the stock market now? The stock market is at an all time high and most stocks seem too expensive. This is a conundrum to new and …

Stock Markets

Should You Focus on Making More or Spending Less?

What’s the secret to wealth? It really isn’t much of a secret. You just need to save and invest as much as you can. Your investment will compound and …

Why I gave up my engineering career

Tweet21<p>Pin105<p>Share311<p>Flip<p>+126<p>463 Shares<p>One of our readers is going back to school for an engineering degree and asked me to write a detailed post on</b> …

Study Skills

Hustling for Free Travel Next Year

Earlier this year, we visited Iceland and had an incredible trip. However, it was a very expensive trip and it reshaped my travel philosophy. My new …

Credit Cards

Top Bloggers Share Their Best Personal Finance Tip - Get The Best Tips!

<b>Disclosure: This post contains affiliate links which means I will earn a commission if you choose to click and make a purchase. While there is no</b> …

Personal Finance

Secret to Building Wealth - Buy Assets, Avoid Liabilities

Here is the secret to wealth – <b>Buy Assets and Avoid Liabilities</b>. The first time this became clear to me was when I read Rich Dad Poor Dad by Robert …

Real Estate

Should I Sell Our Rental Properties?

I love our rental properties, but now I want to sell them. Why would I do that? To be precise, I love our passive income stream from the rentals. …

Real Estate

What if you always maxed out your 401(k)?

What’s<b> the surest way to become a millionaire?</b> I can tell you right now – max out your 401(k) contribution every year. This is the simplest and most …

Retirement

August 2018 Goals and Financial Update

Tweet8<p>Pin<p>Share3<p>Flip<p>+1<p>11 Shares<p>I already said this once, but I’ll say it again because it feels so good. Woohoo! <b>School is back in session</b>. I love it. …

Personal Finance

Real Estate Crowdfunding

Tweet1<p>Pin7<p>Share10<p>Flip<p>+1<p>18 Shares<p><b>Real Estate Crowdfunding: 2018 target $5,000 passive income</b><p>Here is a new way to invest in real estate if you don’t …

Real Estate

Why we are using the 529 plan to save for college

Yes! The first week of school is going well for our son. He still says he hates school, but he hasn’t cried or hit anyone yet this year. I know …

Retirement

Summer is Over School is On!!!

Tweet11<p>Pin1<p>Share4<p>Flip<p>+1<p>16 Shares<p>Woohoo!!! <b>School is back in session</b>. This is the best day of the year for stay-at-home parents everywhere. Christmas, …

Costa Rica

Do You Need to Be an Entrepreneur to Retire Early?

The FIRE (financial independence, retire early) movement is getting more mainstream and there are more early retirement advocates than ever before. …

Retirement

Follow Your Passion is Bad Advice Unless…

Is <b>‘follow your passion’</b> a relatively new concept? I never heard this when I was a high school student in the late 80s. My parents wanted me to study …

Ukuleles

10 Goals to Hit If You Want to Retire Early in 10 Years

So you want to retire in 10 years (or less). That’s a terrific goal, no matter how old you are. I’m going to assume most readers are in their 40s and …

How to Start Investing in Rental Property

Investing in rental property is one of the few proven ways to build wealth. Many small investors have been able to retire early with their rental …

Pop Quiz – How Serious Are You About Early Retirement?

Let’s have a little fun today about a “serious” topic. I’ve got a pop quiz for you. A quiz is never fun when you’re in school, but this is an easy …

Tools - Flipboard

Retirement planning normally consists of two broad phases – accumulation and withdrawal. Early retirement is difficult to achieve because there is …

Why you need to start investing when you’re young

Tweet55<p>Pin30<p>Share119<p>Flip<p>+114<p>218 Shares<p>One of the key ingredients to building wealth is to start as early as possible. At this point, most blogs will …

How Cheap Am I Really?

Let’s have a little fun today. That last post about keeping track of your Roth IRA contributions was very important, but a little dry. Today, I’m …

Don’t Forget to Enjoy The Journey to Financial Independence

I hope you had a great 4th of July. Independence Day is my favorite holiday of the year and we enjoyed it thoroughly. For the holiday weekend, we …

Why Retiring at 65 is a Terrible Idea

Some people say 65 is the new 45. That is true in some aspects. In the not too distant past, a 45 year old man would be lucky to live 20 more years. …

Can My Wife Early Retire Yet?

Happy holidays! Only two weeks left in 2017! Can you believe it? It’s time to wrap up 2017 and get ready for another New Year. This is an easy time …

Am I Too Cheap for Doing Yard Work?

Is it just me or have gardeners became ridiculously expensive? Personally, I hate paying for yard work. Why pay when you can do it yourself? Besides, …

A Simple & Easy Budget Plan for People Who Hate Budgeting

Not everyone loves budgeting like my buddy J. at Budgets are Sexy. If you loathe budgeting like most of us, then today is your lucky day. I’m going …

Recommended Travel Destinations by Age

Hey everyone, we are back from our 2 week road trip to California. I drove down with RB40Jr and Mrs. RB40 flew down to join us for the drive back. …

How to Invest Your First $500

One of the best things you can do to build wealth is to start investing as early as you can. This is easy in theory, but it is more difficult in …