Todd retired early at age forty-four, just three years after discovering the FIRE movement. The most interesting part? He quit without reaching his FIRE number. That’s right. After realizing he couldn’t go one more day working his job, he quit, even without the perfect amount of money on the sidelines. Did he survive in the FIRE life, or did he eventually have to return to work to rebuild his portfolio? Stick around and find out!Although Todd made a good income, he spent most of it on his lifestyle. As his family’s sole provider, every expense took away from his income, leaving him with a respectable but by no means large savings rate. One day, as Todd surfed the internet at work, he stumbled upon a financial independence blog post, and the rest was history! He chased FIRE ruthlessly for three years and eventually was able to retire on his terms.If you’re looking to retire in your forties, quit your job, find financial freedom, or finally grow your savings, tune in for Todd’s advice. Even if you don’t have a high income, you can follow his cost-cutting, “boring” investing advice to achieve financial independence faster than you thought possible!In This Episode We CoverThe “boring” investments that lead you to financial independence and early retirementComing up with your FIRE number and whether the 4% rule still worksGetting richer in retirement and how to build wealth WITHOUT workingHow cutting your expenses will fast-track your path to early retirementQuitting your job and why you MUST prepare for life in retirement BEFORE you walk away from your salaryAnd So Much More!Links from the ShowBiggerPockets Money Facebook GroupNetwork with Other Investors on The Path to FIRE Through the BiggerPockets ForumsFinance Review Guest OnboardingJoin BiggerPockets for FREEMindy on BiggerPocketsScott on BiggePocketsListen to All Your Favorite BiggerPockets Podcasts in One PlaceApply to Be a Guest on The Money ShowPodcast Talent Search!Find an Investor-Friendly Agent in Your AreaFind Investor-Friendly LendersProperty Manager FinderApply to Be a Finance Friday GuestSubscribe to The BiggerPockets Money YouTube Channel Apply to Be a BiggerPockets Money GuestApply to Be a Finance Review GuestEmail [email protected] for the 4% Rule Article or Todd’s Contact InformationSee Mindy at BPCON2024 in Cancun!How to Retire Early (From Someone Who Did at Age 27)00:00 Intro01:09 Finding the FIRE Movement03:24 Getting His Wife on Board04:38 His FIRE Number 05:32 FIRE Movement Myths 07:37 Getting Richer in Retirement 11:55 Quitting His Job!13:14 Prepare for Post-FI!Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-551Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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