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The Greatest Risk To My Retirement Goal

More than a decade ago when my Dad retired from his teaching career at age 56, I told him my retirement goal was to beat him and stop working at age 55. It seemed natural to me that in order to live better off than my parents, I should retire before them. I reject the notion that […]

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If My 2 1/2 Year-Old Son Could Buy Stocks

Raising two kids is the most fun I’ve ever had. I’m only 2 1/2 years into the adventure, but the experience of having kids far surpasses the fun I had in my youth and during the time I spent traveling the world. Watching our kids learn, grow, and develop their personalities is more entertaining than I ever imagined. […]

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KB Hutchinson

Spousal Roth IRA – Double Your Tax-Advantaged Savings

We opened a spousal Roth IRA in my wife’s name in 2013 and contributed $5,500 to both her’s and my Roth that year. We’ll continue to contribute the full amount to both of our IRA’s every year going forward, as long as we don’t hit any income limits. Mrs. RBD works her ass off as […]

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Rent Increase

New Rental Property on the Horizon?

About a month ago, we had a really lousy week in the RBD household. In an effort to save some money, Mrs. RBD made a vegetable stock out of veggie scraps she had been saving. After eight hours in the slow cooker, she strained out the globs of celery, carrots, onions and potatoes to produce […]

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Bye Bye Cable TV

During a long drive over the Christmas holiday, my wife and I discussed ways to simplify our lives, become more productive and save more money. In my 2014 goals post, I mentioned ways we’d simplify our financial lives, but I left out this particular money and time saving action item. We really enjoy shows on […]

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Retirement Strategy Revisited

Back in September 2013 when I started this blog, I wrote a short post about retirement strategy. It was my third post, and it listed out my basic retirement strategy while serving as an outline for what I’d write about on the blog. This post is an updated version digging deeper into my strategy. A […]

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Rental Plans

The Details of My Rental Property

Every month I update the Investment Income page to show how my passive income streams are fairing. Included is the amount of money I make on my rental property. In this post I’m going to give you some background and crunch the numbers to show you exactly how I calculate my cash flow. The property […]

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College costs skyrocket

The Best 529 Plan For My Daughter Is Not As Perfect As She Is

I recently opened a new 529 account for my daughter’s college savings.  After a lot of thought, and without much fanfare, I have decided to use the Virginia 529 inVest Plan, the same plan I use for my son. From my research, it’s the best 529 plan available for our family. I have written an […]

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Learning From Your Coworkers Who Cannot Retire

At my forty hour a week job, I work with a lot of people who are nearing, at, or even past traditional retirement age. In my late 30’s, I am one of the youngest in the office. When the opportunity arises, I try to ask my coworkers questions about their retirement dates and plans, without […]

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Yangshuo

Why I Don’t Read Travel Blogs

While this blog is relatively new, my goal to retire a year before my Dad retired is not. The goal has been around since October 2002, shortly after he stopped working. Back then at age 27, I had a lot of time to start getting serious about saving for retirement. But I was not serious […]

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Chevron and How to Get Started Dividend Investing

Please read my latest update, 20 Years In The Chevron DRIP. I have been dividend investing as a core investment strategy since May of 1995. That year on my birthday, my uncle gifted me one single share of Chevron stock, symbol CHV at the time, now CVX. He was an employee for the company and he […]

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