Happiness to your life ! travel

 Dears!   I will be 47 in few months and I am a software professional. I have recently achieved a level of financial freedom, after paying off my loans. Right now,  I am experimenting with a retired life, consciously living out of my passive income only, though I am not yet resigned from my company. I am already seeing some very interesting positives and few negatives and want to share the experience so that it may help someone else in their planning. ( Please note, the ability to retire early is heavily depends on having a passive income.  You may want to see my own experience in raising one here or visit the topic from the home page:  Ways to Raise Passive Incomes  ) The positives I am noticing till now: 1. Completely stress free. The fact that you don't need to meet another loan emi by end of a month is relaxation in itself. It also makes you a little bold in your office because, you know you can thrive even without it. You can also enjoy  your fr...

Hi All, here are few tips that may be useful to setup a passive income, completely from scratch. Passive incomes helps to overcome financial uncertainties in our lives.They should also set you free(retire) by the age of 50. I feel everyone should be able to retire by their early 50s!. My tips are purely based on assured incomes, and not on investments like stock markets, where in theory, you can get rich very quickly, but can also lose your entire savings by small mistakes. Wish you all the very best on your early retirements!  1. RENTALS : Apartments in good locations are easy to rent out rather than a independent house.  If you  can, purchase a brand new apartment. After 15-20 years,  the maintenance costs on your apartment may go up because of things like plumbing,  leakage etc. It is best to sell an apartment around 20 years or earlier with accrued appreciation, unless your flat is in a prime rental location, where occasional maintenance can be covered comfo...