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Advise Needed...Cash Goals Reached...Now what?

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BumpedJ

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May 16, 2017
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First of all let me preface that this isn't a "humble brag" post. I'm fully aware that there are many people on this forum that are much more successful than I am and have much more money than me. I'm truly looking for advise on what my next steps in life should be.

I'm mid 30's. I'm married with 3 great kids. My house is paid off. My cars are paid off. I have zero debt.

My expenses are about 10k/month including travel and a great life style. Not a rich and famous lifestyle but one that allows for eating out, sports teams for my kids, entertainment and frequent travel.

My residual cash flow goals from my 20's were to get to 40k/month from pretty-dang-recession-proof Real Estate Passive Income. I have just recently exceeded that by a little bit and have now reached my goals.

What do I do now? Looking for real sincere advise from people that have thought about what they would do or have done. I want to make the most of my short time left (40-60 years ish).
 
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MJ DeMarco

I followed the science; all I found was money.
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Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
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Jul 23, 2007
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What do I do now?

Since money is no worry, do whatever you love.

Or follow your passion.

You don't need the market's validation to do so.

For instance, having been in a similar position to you, I chose to write. I'm also teaching myself piano.

While no one will pay me to listen to my piano recitals, some people have paid to read my writing. That's a nice side effect.

In either case, I can pursue both and not worry about what the marketmind thinks of my work.

Congrats on the #Unscripted achievement!
 

Millenial_Kid5K1

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Feb 14, 2017
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Congratulations!

Do whatever will make you the happiest!
Watch your kids grow up!
Go on a second honeymoon!
Learn an instrument!
Join a band!
Start a book club!
Write a book!
Learn a language!
Start a non-profit!
Go (back?) to school!
Start (another?) business!
Invent something!
Climb a mountain!
Run for Mayor!
Get a six pack!
Do a triathlon!
Visit Antarctica!

Live life!

Again, congratulations. You've achieved what few have by leaving a script that few else will.
 

Chazmania

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I'm not sure what you could do but the answer is pretty much anything you want - congrats on achieving your target!
 

Sheps

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Oct 10, 2015
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Congratulations.

How is your health and fitness? Now you have the time maybe consider a home gym and getting your diet in order. It's never to late to be fitter/stronger/healthier.

A question for you and anyone else in a similar position: if you enjoy where you are now financially, have you considered working toward doubling up? If not why not, if so why?
Appreciate it.


Sent from my iPhone using Tapatalk
 

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