So it all begins here and now. My quest to retire through the use of dividend growth stocks and businesses with a paltry $5,000 in pre-tax passive cash flow per month. I guess this doesn’t seem like a grand journey to wealth and riches, but to me it is realistic, attainable, specific and timely (SMART Goal). More importantly…I want to escape!
I also see this as the amount that will enable me to live the lifestyle that I want to have with the ability to travel, have a nice home and leave a little to my family and favorite charities.
I have my goal and I know why I want that specific goal to become reality, now how do I get there?
I found it necessary to expand my context of reality and understand what it means to create wealth and continuous passive cashflow. Basically, what is it that allows those around me to do the things that I want to do and be able to afford it? This is an excellent question to ask yourself. What are the commonalities of the wealthy people that you know?
Business Owners – Multiple Investments – Own real estate – Have Specialized Knowledge – ETC.
These are the things that I believe will get me where I need to be!
It all starts now!