Our goal is early retirement in 15 years!

Our goal has always been early retirement from the navy.

Our goal is to build a portfolio or as I say an "empire" of passive income to provide the cash flow needed for early retire in 15 years, wo we do work on furthering our careers.

I do see RE as my long term retirement plan via buying + renting out multi-family houses.In any event, just wanted to make an account, say hello, and hopefully contribute back to the community soon!

I knew that I was doing things right when I could call a retired probate judge at home and ask her to speak at the seminar I was giving (2010).

He/she will ask you about your business, your short term and long term goals, your retirement plans and a host of other questions.  

My mom needs to retire and she can only retire without a mortgage but doesn't have the money to buy outright.

I am retire military living in NOVA also, look forward to exchanging ideas.Cheryl

You can also take regular periodic distributions pre-retirement-age.For many folks on this forum it seems like the way to maximize after-tax income is to bypass items 2 and 3 altogether so they can invest their money actively in projects that yield a lot more than what you can get passively in someone else's projects, vehicles, etc.  

I'm self employed in the IT field, I'm looking at this as a retirement plan.Even if I just break even each month, I see it as paying for the house and contributing to my retirement savings.I believe in the concept.