With new purchases and few dividend hikes in July, my estimated
yearly passive income increased to $ 8224.
I'd argue that when assessing financial independence, the percentage of an individual's regular yearly expenses that are covered by
their yearly passive income stream is a much better indicator of progress.
I'd argue that when assessing financial independence, the percentage of an individual's regular yearly expenses that are covered by
their yearly passive income stream is a much better indicator of progress.
I grew 112K SGD to 1 Million SGD in 7 years and generate
a yearly passive income of 51K SGD!
To be successful in REI, you must have a plan, based on a series of achievable Milestones, that are built from your long range financial goals (personal debt payoff, and monthly /
yearly passive income), which MUST include the short term financial goals (living NOW) as part of the overall plan.