Wealth Independence Podcast
The Wealth Independence Podcast guides high-income tech professionals through proven strategies for building passive income and achieving true financial independence.
Hosts Dustin Bailey and Adam Penn share battle-tested frameworks, real-world case studies, and hard-won lessons from their years of experience in private markets and alternative investments. Each week, they break down complex investment concepts, analyze current market trends, and interview successful investors and industry experts.
Through a freedom-first approach that emphasizes passive income, smart diversification, and thorough due diligence, learn how to shorten your learning curve and avoid common pitfalls on their path to financial independence.
Whether you're looking to understand private placements, real estate fundamentals, or alternative investment opportunities, Wealth Independence delivers actionable insights that help busy professionals make informed investment decisions.
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Wealth Independence Podcast
v1.34 - Building Your Retirement Cash Flow Portfolio
Adam and Dustin challenge the conventional retirement wisdom of shifting from stocks to bonds just when you need income most. Adam shares his personal journey from W-2 employee to building a cash-flowing real estate portfolio that generates consistent monthly income, explaining how he constructed a diversified investment strategy using rental properties, oil and gas investments, and strategic tax planning.
The discussion includes why successful investors stay actively involved in their wealth management decisions rather than delegating everything to financial advisors, and explores practical portfolio construction techniques, including how to layer different investment types for both cash flow and tax advantages, the importance of setting clear financial goals, and why the traditional “set it and forget it” mentality often fails passive investors.
Key topics include real estate as a portfolio foundation, using depreciation and bonus depreciation for tax benefits, oil and gas investments for additional cash flow and tax write-offs, and the mindset differences between wealth-building investors and those who rely solely on traditional retirement accounts.
Watch episode on YouTube: https://www.youtube.com/watch?v=1SgBMLCYoaI
See all Wealth Independence episodes at https://www.wealthindependencepod.com
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This show is for informational purposes only and is not financial, investment, legal, or tax advice, and does not constitute an offer to buy or sell securities. All investments carry risk, and investors should always conduct thorough due diligence and consult with qualified professionals before investing.
