Guys, What is the best way to accumulate an asset base returning $500,000 in p.a. (today's $) in passive income within the next 15 years (why not aim high huh?) Based on my calcs, aggressively buying mid-high growth IP’s over the next 10 years should get me between $3-5mil net worth (excluding PPOR). Assuming I sold & paid down debt this would mean portfolio net worth around $2.25 - $3.75mil (after CG taxes). Adjusting for inflation this reflects a Net Worth in todays $ of between $1.35mil - $2.35mil, which reflects a passive income (assuming gross 5.00% yield) of between $67-117k. Basically, I’m only 20% there…. What can I do to help me reach my goal quicker? Ideas floating around my head are: Ø Buy & Reno’s Ø Invest in a business Ø Learn about developments & play in this space as soon as I am able to Ø Learn about commercial property @Steven Ryan I've real a lot of your posts and like your mindset...Any thoughts/advice on the process involved to get to that magic number by the time i hit 40?