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Simran Kaur

👤 Speaker
856 total appearances

Appearances Over Time

Podcast Appearances

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

And I believe you said it was at 65.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

Unfortunately, he wasn't able to.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

That really stuck with me, those kind of stories.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

Ed, I feel like you'll like this answer, but it was just maths and like understanding the maths behind it.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

When I remember being at my first job in 2020 and listening to a podcast where they spoke about this concept of FIRE, financial independence, retire early.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

And the math behind it was, look, if you figure out how much you need to live off at minimum,

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

You then kind of work backwards and go, if I draw down 4% or 3% of that money, what is my overall portfolio of income producing assets needing to be?

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

And once you hit that number, you can, you know, in theory retire.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

But I do relate to that nurse because once you get close to that number, you're like, but can I actually, like, can I actually stop?

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

A lot of that came from building out a few businesses, primarily Friends That Invest was a huge driver of the like earning power that I had.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

And I remember when I first started, like I wasn't drawing a salary for the first year.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

I mean, there was no money coming in for the first year.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

So that was easy.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

The next couple of years, I was drawing a little bit.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

And then every year when I would draw a salary, I'd just invest it.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

And so over six years, that really compounds, not to mention the sort of businesses I would run before that.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

And as you guys know, I used to be basically an intern at Opus.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

And I would do the social media for you guys.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

So I was always like, I like building things and making money.

The Property Academy Podcast
Retired At 29: How She Actually Did It⎟Ep. 2451

And I've realized that was a better use of my time than to...