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Chris is in Nashville.

Hi, Chris.

What's up?

Not much.

Thanks for taking my call.

Sure.

How can I help?

I guess I'm calling for a reality check or just some wisdom and when I can stop working.

And it's not as much stop working.

It's just figure out what I want to be when I grow up.

When your nest egg is big enough?

When your nest egg is big enough to run perpetually?

Well, I got some rental property.

I'm closing on a deal,

um, hopefully the end of this month, and I'll have about 8,500 a month passive income coming in.

There's no such thing as passive income. You're talking about real estate deal?

Well, I'm talking about rental properties. I know, rental property is not passive. It's active. I get it, yes, sir. Okay. All right, so you're going to have $8,000 a month net profit? Yes, sir. If everybody pays and if it's all full? Correct. So in the real world, you probably got $6,000? Well, because it's never all full and everybody, not everybody always pays. Correct. Okay. I got a bunch of rental property, okay? I mean, I know what the house works, right? So you got about $6,000 you can count on there. And what's it take for you to live, dude? I got no bills, no mortgage, no car payment. What's it take for you to live? That's what I'm trying to figure out. Run a budget. Yeah, I mean, what is the, I mean, how do you, it's also like, even if I don't quit what I'm doing, like, I just want to take a year off. Am I selfish for that? Is that insane? It might be, mathematically. It might be impossible. Yeah, it's not impossible.

If you need $16,000 a month to live and you're going to try to do it on $6,000 because you want to take a year off, well, get me some cheese with this wine. Yeah, yeah, no, sir. No, that's my expenses are nothing. Okay. Are you single? Yeah. No, married two kids. All right. So what does it take to operate your house?

Can you do that on 6,000? If you can, then you're okay. If you can't, then you're not. You need to run a budget.

Got it. You and your wife need to sit down and go, this is the price we're going to pay. We're used to spending 10,000 because we go on all these trips and stuff. This year we're going to take off and we're going to pay. We're used to spending $10,000 because we go on all these trips

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