I make $200,000 a year in passive income after retiring at 34, and it works because I followed 5 steps — Business Insider

San Francisco is one of the most expensive places to live in the US. Sam Dogen spent 13 years working in finance on Wall Street before negotiating his layoff (and a severance package) in 2012 at age 34. He lives in San Francisco with his wife and baby and runs the blog Financial Samurai. Neither he nor his wife works a day job – they earn about $200,000 a year in passive income, mostly from investments in stocks and bonds, two rental properties, and sales of an e-book he wrote in 2012. He says

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