Rainy Seattle Myth = Reality?

I’ve espoused before about how “Rainy Seattle” is a myth used to keep people from moving here in droves. Given how it’s the fastest growing city in the country it obviously didn’t work!

Unfortunately this year Seattle seems to be living up to the ‘myth.’ Usually rain and clouds in this city are a temporary phenomenon. Rain is usually more of a mist, so much so that Seattleites don’t use umbrellas or rain boots – there’s usually no need. If you awaken one morning and it’s cloudy more often than not by the afternoon there will be nothing but blue skies. Even during the winter there is a large amount of sun – sometimes blindingly so (our windows face west and south). Continue reading “Rainy Seattle Myth = Reality?”

A Minimum Wage Employee By My Side

I just realized that my passive income from investments (assuming an average 7% market return) has now surpassed what a minimum wage employee would make working 40 hours a week, 52 weeks a year. WOWZA! At the beginning of 2018 I had $237,000, which would generate $16,590 at 7% while a minimum wage employee would receive $15,080. That’s wild!

I have an invisible minimum wage employee working hella hard while I sleep, away from my day job, which I think is a very cool idea. I’ve touched on this phenomenon in a previous post, but she was just a teenager working part time after school then. Now she’s a full-timer. This just got serious!

Now we should probably working on raising that minimum wage (Washington did recently) so the average isn’t so low!

Watercolor & Calligraphy: New Hobbies?

One of the things I want to learn in retirement is watercolor. I was feeling down a few weeks ago and started wondering – wait, why am I waiting until retirement? I’m still in this city for another 2.5 years. That’s plenty of time to learn a skill and get rid of any utensils I’ve collected for the hobby. Continue reading “Watercolor & Calligraphy: New Hobbies?”

Moving from Blogger to WordPress

I started this blog over 3 years ago to catalog my journey to early retirement. Originally I just wanted to start writing and getting my thoughts down on ‘paper’. As a result I didn’t take basically any time to decide on my platform. I typed in “free blog” into Google and (of course) Blogger, their subsidiary, was the first hit. Continue reading “Moving from Blogger to WordPress”

Early Retirement Dropped At Work

Something shocking happened at work. I was hosting an event to share recent vacation pictures with the group. Our other presenter had recently spent a month in Mexico. He even wrote a blog post for our company about how to successfully work from anywhere. He used 2 weeks of PTO to basically work half time and extend his time there. Their main goal for the trip was to look into buying a house near Puerto Vallarta. Continue reading “Early Retirement Dropped At Work”

A Flat Market = No Problem

The end of Q1 2018 has me at about 0% market gains for the year (while the S&P 500 is down -1.22%). This inspired me to do a thought experiment. What if the highly improbable happened and the market remains stagnant at a 0% gain until I retire? How long would that add to my working career? My initial thought was several years since the average of 7% would add $17,850 to my current portfolio so my savings for the year would be made of approximately 20% gains and 80% savings. Continue reading “A Flat Market = No Problem”

Sweet Sweet Dividends

It’s the end of Q1, which means it’s once again DIVIDEND SEASON! I look forward to it every 3 months because even though I know this is a distribution from the 3,000+ businesses I partially own it still feels like it’s free money that’s dropped into my account.

So how did I make out this quarter? Like a bandit if I do say so myself! I made $787.04 from my investments. That’s a 43% increase from last year! Yes my investments have increased 56%, but that’s besides the point 🙂 . Just assuming an overall 43% increase from last year’s dividends of (even though it will be more) I’ll receive $3,916.04 in dividends in 2018. Woah. That’s like 2 weeks of salary! And I’ll receive it no matter what the market does (we’re down 1% for the year at the time I write this). An extra half a month’s salary no matter what. I like the sound of that. To next quarter!

Q1 Budget Check-In 2018

I understand that time moves faster the older you get, but HOW is the year 25% done?! I feel like it’s crawling and then look at the date and feel like it’s flying by. Fascinating. I wanted to check in on my goal to decrease my spending from $18,436.60 last year by $436.60 to a solid $18,000 this year. Let’s see how it’s going.

Continue reading “Q1 Budget Check-In 2018”