Make Your Primary Residence Your Retirement Plan: Financial Freedom, #79
By Joshua King
()
About this ebook
Most Americans' main source of wealth is their primary residence. However, we all live on income, not net worth.
So how do we convert our primary residence into livable income for retirement?
We can sell it, move, and invest the difference. We can take a home equity loan, invest it, and pay it off with business income.
Finally, we can convert our master suite into a small apartment and rent the rest of our house.
Do these all make you uncomfortable? They should. Anything we want in life requires some form of stress or struggle.
You can struggle by choice to get ahead or live your retirement in scarcity, lack, and fear. Which do you choose? Good Luck!
Read more from Joshua King
Financial Freedom
Related to Make Your Primary Residence Your Retirement Plan
Titles in the series (100)
America is Expensive: So What Are You Going to do About It?: Financial Freedom, #18 Rating: 0 out of 5 stars0 ratingsInvesting for Interest 8: The Magic of CD Ladders: Financial Freedom, #8 Rating: 0 out of 5 stars0 ratingsThe 1-Page Budgeting Plan: Financial Freedom, #4 Rating: 0 out of 5 stars0 ratingsMinimalist Budget: Financial Freedom, #1 Rating: 4 out of 5 stars4/5Retirement Planning for the Average Person 4: Build a Better Tomorrow Today: Financial Freedom, #5 Rating: 0 out of 5 stars0 ratingsDebt-Free Society: Beat Wedding Debt: Financial Freedom, #6 Rating: 0 out of 5 stars0 ratingsStart A Tutoring Business Towards Passive Income: Financial Freedom, #22 Rating: 0 out of 5 stars0 ratingsThe Sharing Economy vs. Inflation: Unlock Wealth & Happiness: Financial Freedom, #20 Rating: 0 out of 5 stars0 ratingsYour 401K vs. A Recession: Unlock Your Money & Your Freedom: Financial Freedom, #3 Rating: 0 out of 5 stars0 ratingsPlay Video Games for Passive Income: Financial Freedom, #7 Rating: 0 out of 5 stars0 ratingsSmall City: Passive Income. Great Retirement.: Financial Freedom, #14 Rating: 0 out of 5 stars0 ratingsJoin Up!: Time to Sign Up for the Military: Financial Freedom, #4 Rating: 0 out of 5 stars0 ratingsIs $75,000 A Year: The Magic Happiness Number?: Financial Freedom, #16 Rating: 0 out of 5 stars0 ratingsBudget Like a Pro: Financial Freedom, #2 Rating: 0 out of 5 stars0 ratingsConsulting in the Metaverse: Be in Multiple Places at Once: Financial Freedom, #9 Rating: 0 out of 5 stars0 ratingsThe Stock Market: Is Not A Wealth Generator: Financial Freedom, #17 Rating: 0 out of 5 stars0 ratingsFIRE Writer: Retire & Write: Financial Freedom, #41 Rating: 0 out of 5 stars0 ratingsCoaching in the Metaverse: Assisting Your Clients with Fitness, Health, Wealth, and Life: Financial Freedom, #11 Rating: 0 out of 5 stars0 ratingsBuy the Dip! The Magic of Averaging Down: Financial Freedom, #10 Rating: 0 out of 5 stars0 ratingsAdvertising in the Metaverse: Financial Freedom, #13 Rating: 0 out of 5 stars0 ratingsSpend Smart: Financial Freedom, #3 Rating: 0 out of 5 stars0 ratingsThe Maintenance of a Great Life #1: Relationships: Financial Freedom, #31 Rating: 0 out of 5 stars0 ratingsThe Magic of Leverage: Use Carefully to Accelerate Your Gains: Financial Freedom, #12 Rating: 0 out of 5 stars0 ratingsDon’t Fumble the Bag: Convert Opportunities into Success: Financial Freedom, #27 Rating: 0 out of 5 stars0 ratingsJust Rewards: Credit Cards vs. Debit Cards: Financial Freedom, #44 Rating: 0 out of 5 stars0 ratingsThe Magic of Remote Work: Remote Work is Just the Beginning: Financial Freedom, #28 Rating: 0 out of 5 stars0 ratingsEmergency Cash: How Much Do You Need in an Emergency Fund?: Financial Freedom, #2 Rating: 0 out of 5 stars0 ratingsHome Cash: House Hacking vs. Online Business: Financial Freedom, #19 Rating: 0 out of 5 stars0 ratingsStart a Food Truck Business towards Passive Income: Financial Freedom, #15 Rating: 0 out of 5 stars0 ratingsThe Emotional Roller Coaster of Debt: Stress. Anxiety. Fear.: Financial Freedom, #24 Rating: 0 out of 5 stars0 ratings
Related ebooks
The Leveraged Millionaire: Increase Your Risk, Income Your Returns… Maybe: Financial Freedom, #108 Rating: 0 out of 5 stars0 ratings11 Business Ideas That Will Bank You 6 Figure To Million Dollars Income: No High School Diploma OR College Degree Needed! Rating: 0 out of 5 stars0 ratingsWhy Real Estate is IDEAL- Income: Sweet Rental Income for Passive Income Living: MFI Series1, #33 Rating: 0 out of 5 stars0 ratingsSleep Easy: Make Money 24 Hours a Day: MFI Series1, #81 Rating: 0 out of 5 stars0 ratingsA High Value Person: Passively Earns $100,000 Annually: MFI Series1, #64 Rating: 0 out of 5 stars0 ratingsThe Ultimate Guide to Financial Freedom Rating: 0 out of 5 stars0 ratingsHow to Create Passive Income for Beginners: Every Income Stream has to Start Somewhere: MFI Series1, #16 Rating: 0 out of 5 stars0 ratingsSimply Brilliant Budgeting Rating: 0 out of 5 stars0 ratingsFrom Grass Roots to YouTubers: A Field Guide To Growing Your Small Business Online Rating: 0 out of 5 stars0 ratingsThe Maui Millionaires for Business: The Five Secrets to Get on the Millionaire Fast Track Rating: 0 out of 5 stars0 ratingsFinancial Freedom Roadmap: Mastering Money Management Rating: 0 out of 5 stars0 ratingsWhat's the Deal with Estate Planning? Rating: 0 out of 5 stars0 ratingsLiving Green Effortlessly: Simple Choices for a Better Home Rating: 0 out of 5 stars0 ratingsEasy Budgeting Solution That Gives Financial Liberty Instantly Rating: 0 out of 5 stars0 ratingsSimple Living: A Modern Minimalist's Guide to: Organizing, Cleaning & Decluttering Rating: 0 out of 5 stars0 ratingsNot by an Agent: A Do-It-Yourself Guide for Buying or Selling a House Rating: 0 out of 5 stars0 ratingsWork From Home Make Money From Online Business, Passive Income Rating: 0 out of 5 stars0 ratingsE-Books: The Basics Rating: 0 out of 5 stars0 ratingsMoney Matters: A Simple Guide To Help You Make Ends Meet Rating: 0 out of 5 stars0 ratingsLandlord by Design 2: Moves to Make and Paths to Take for Real Estate Investing Success Rating: 0 out of 5 stars0 ratingsThe Flipper's Guide to Successful Sales - Vol. 1 Rating: 0 out of 5 stars0 ratingsMastering the Art of Family Financial Management Rating: 0 out of 5 stars0 ratingsMultiple Income Streams for Real Estate Agents and Brokers: A step-by Step Guide to Making Money in the Real Estate Market Rating: 0 out of 5 stars0 ratingsHow To Identify and Fund Your Business: 200 Business Ideas and 28 Ways to Raise Capital for Your Business Rating: 0 out of 5 stars0 ratingsSummary of Ted Klontz, Rick Kahler & Brad Klontz's The Financial Wisdom of Ebeneezer Scrooge Rating: 0 out of 5 stars0 ratingsMake Money at Home Rating: 0 out of 5 stars0 ratingsSuccess & Wealth Through The Bible Rating: 0 out of 5 stars0 ratingsMONEY Rating: 0 out of 5 stars0 ratingsInvesting in Real Estate:The Definitive Guide for Investors and Agents Boost Career Development Rating: 0 out of 5 stars0 ratingsPersonal Finance for Beginner's - A Comprehensive User Guide Rating: 0 out of 5 stars0 ratings
Personal Finance For You
Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life Rating: 4 out of 5 stars4/5Summary of The 48 Laws of Power by Robert Greene Rating: 4 out of 5 stars4/5The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness Rating: 4 out of 5 stars4/5The Psychology of Money: Timeless lessons on wealth, greed, and happiness Rating: 5 out of 5 stars5/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5The Millionaire Next Door Rating: 4 out of 5 stars4/5Money Hacks: 275+ Ways to Decrease Spending, Increase Savings, and Make Your Money Work for You! Rating: 4 out of 5 stars4/5Summary of I Will Teach You To Be Rich: by Ramit Sethi | Includes Analysis Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power Rating: 4 out of 5 stars4/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5Rich Dad Poor Dad Rating: 5 out of 5 stars5/5Investing For Dummies Rating: 4 out of 5 stars4/5The Black Girl's Guide to Financial Freedom: Build Wealth, Retire Early, and Live the Life of Your Dreams Rating: 5 out of 5 stars5/5Get the Hell Out of Debt: The Proven 3-Phase Method That Will Radically Shift Your Relationship to Money Rating: 5 out of 5 stars5/5Principles: Life and Work Rating: 4 out of 5 stars4/5The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns Rating: 4 out of 5 stars4/5Summary of R. Nelson Nash's Becoming Your Own Banker Rating: 0 out of 5 stars0 ratingsThe Money Answer Book Rating: 4 out of 5 stars4/5Legal Loopholes: Credit Repair Tactics Exposed Rating: 4 out of 5 stars4/5Personal Finance For Dummies Rating: 4 out of 5 stars4/5Money. Wealth. Life Insurance. Rating: 5 out of 5 stars5/5
Reviews for Make Your Primary Residence Your Retirement Plan
0 ratings0 reviews
Book preview
Make Your Primary Residence Your Retirement Plan - Joshua King
Table of Contents
MILITARY FAMILY INVESTING | Home of the Free PDF
Make Your Primary Residence Your Retirement Plan
Monthly Dividend Tracker Template: Buy on Etsy
All Right Reserved Military Family Investing | 01 Make Your Primary Residence Your Retirement Plan
02 The Perfect Life: Homesteading & Dividends
03 To Become Rich You’ll Need Leverage
04 Life as an Income Investor
05 Your Income Should Increase Every Year
06 What Is Your Dream Retirement?
07 Big Cities Require Big Mindsets
08 Overseas vs. Homestead vs. Small City
09 Home Equity Loans vs. Interest Rates
10 Email Money: Dividends, Rents, & Royalties
Try Something New -Free PDF Download
MILITARY FAMILY INVESTING
Sign up for Joshua King's Mailing List
Also By Joshua King
MILITARY FAMILY INVESTING
Home of the Free PDF
www.militaryfamilyinvesting.com
Make Your Primary Residence Your Retirement Plan
Convert Your Home into Income
01 Make Your Primary Residence Your Retirement Plan
02 The Perfect Life: Homesteading & Dividends
03 To Become Rich You’ll Need Leverage
04 Life as an Income Investor
05 Your Income Should Increase Every Year
06 What Is Your Dream Retirement?
07 Big Cities Require Big Mindsets
08 Overseas vs. Homestead vs. Small City
09 Home Equity Loans vs. Interest Rates
10 Email Money: Dividends, Rents, & Royalties
Free PDF Download
1) PDF of the Month: How We Plan to Retire on Dividends 4 (Free 139-Page PDF)
2) Free PDF Downloads: Download FREE PDF LIST here
3) Financial Mindset: Become CEO of Yourself 2 (Free 196-Page PDF)
4) Retirement Planning: Your Retirement Planning Guide 2 (Free 255-Page PDF)
5) Investing: How We Plan to Retire on Dividends 2 (165-Page Free PDF)
6) Cryptocurrencies: Counting on Crypto 2 (Free 159-Page PDF)
7) Real Estate: Financial Independence through Real Estate 4 (Free 112-Page PDF)
8) Business: Retire Rich, Retire Comfortable with a Business 4 (Free 149-Page PDF)
9) Latest DGWR: Don’t Gamble with Retirement 8 (Free 445-Page PDF)
10) Everything!: The Biggest Book on Passive Income Ever 2! (book)(Web Edition)(Art Edition)
11) I bought a Kindle Oasis: Check it out on Amazon
12) Read My Books for Free: Free Kindle Books Schedule
13) Book Design: Design Tips on YouTube
14) Kindle Unlimited: Why I Finally Subscribed Kindle Unlimited (learn more)
15) Book Reviews: 505 Takeaways from 101 Books (pdf)
16) Writing: The Publishing Chronicles (Part 1, Part 2, Part 3, Part 4, Part 5)
17) Best REIT- Fundrise: REITs vs. Homeownership (Join Fundrise)
18) Follow us: On our Facebook Page and Join our Facebook Group
19) Support the Channel on Cash App: $Kingmarine1981
20) For more detailed analysis, join my Youtube: MFI YouTube Channel
––––––––
Monthly Dividend Tracker Template: Buy on Etsy
Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
All Right Reserved Military Family Investing
01 Make Your Primary Residence Your Retirement Plan
What is your plan for retirement? How do you plan to replace at least 100% of your employment income with annual increases for inflation?
For most Americans, this is a tough question to answer. It seems impossible to make more money without working than they made while employed.
If you own a home, you have a big chance of retirement success, but you will have to get out of your comfort zone.
How to Create Meaningful Content
We live on income. We all live on income; rich people understand this rule. Everything a rich person does adds to their bottom line—their monthly income.
Once you see the world through income, you can make decisions to earn more revenue. You can do very well during retirement by increasing your income every year.
Your primary residence vs. income. Your primary home does not generate revenue. In fact, it drains money from your account.
Therefore, your goal for retirement will be to convert your beautiful home into cold hard cash. You can do this in multiple ways, each requiring a different skill set.
Is $75,000/Year the Magic Happiness Number?
Overcome your fear. Each method to create income will require you to overcome fear or limiting beliefs. If your goal is to pay off your home and live on social security, then read no further.
You have chosen a life of scarcity and lack. I can’t