Millionaire Librarian
A Middle Class Path to Early Retirement
Category: Uncategorized
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Family makeup: Two near 40 year olds with a three year old toddler. We moved to Ecuador around 6 months ago. We recently moved into a new house. This covers our day to day living. Larger one time expenses have been removed like purchasing beds and other large household goods. Expenses: Food and Many Household…
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Something common among older generations is that they take little risk with their portfolios. Many people prefer the safety of CDs because they have worked hard for their money and do not want to risk it on investments that can drop dramatically. The problem with “safe” investments is that they lose money annually to inflation,…
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Every week we take two trips to the local mercado, or market, to buy fruits and vegetables. If we go early in the morning, we usually get breakfast there consisting of slow-roasted pig, or hornado, which costs around $3 a plate. After that, we get a pound of strawberries, a pound of cherries, a giant…
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My wife and I get a lot of questions about the residency process in Ecuador and how we chose this country. When choosing a country to move to, you need to research which countries will take you. Are you a digital nomad, or do you have a needed skillset? That may qualify you for one…
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We have a visit to the states planned next December mainly for my nephew’s wedding. However, today my wife asked if with all the political turmoil if we still wanted to return and she asked what would have to happen to not return? I know that most of the political violence in the US is…
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When people ask us about our life in Ecuador, the most common question we get is: “Is Cuenca safe?” This question often stems from a lack of familiarity with South American geography and politics. It is easy for those outside the region to lump all these countries together, but safety varies significantly by location. While parts…
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Imagine a path to financial independence, a road less traveled that lets you ditch the daily grind long before the “official” retirement age of 59½. It’s not magic, it’s knowing the rules and using them to your advantage. Think of your retirement accounts not as an untouchable fortress until some distant date, but as a…
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Ramit has grown in popularity with his 2023 Netflix Series How to Get Rich and his book I will Teach You to Be Rich. His Netflix Series involves discovering the money patterns of couples that are preventing their prosperity. Ramit is very emotionally intelligent and leans on his education in Social Psychology for insights into…
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We just passed the holidays and five months living in Cuenca, Ecuador. About a month ago we moved into a house near the Botanical Garden in a “tranquilo” part of the city called “La Isla.” The area is named “La Isla” because to the west two rivers almost meet but then create an almost island…
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On almost every financial news outlet pundits are saying that the market is overpriced. Technology and AI companies have bid up stocks primarily on the speculation that AI will change the world. However, even if AI does change the world no one has quite figured out how to make it profitable. Also many critics argue…
Millionaire Librarian 