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How We Retired In Our 30's

May 10, 2024

How did we "retire" in our 30s, that's impossible right? WRONG!  

Both of us were able to retire in our 30's and are living our Ideal Lives. Does that mean we are extremely wealthy, got a huge inheritance, won the lottery, or are world class athletes or musicians? NOPE.  

Here's how we did it and you can too!

#1 - Get out of debt 

  • Debt holds you back from the things you want to do. If you have hundreds if not thousands of dollars in payments, that's less money you get to keep for your Ideal Life. Think of all the money you pay in interest alone. The difference could be the life you have vs the life you want.  Note: Just try it out. If you get out of debt and hate it, banks will be lining up to get you back into debt  

#2 - Keep your non-Ideal Life expenses low  

  • You need to learn how to keep your expenses as low as possible. This means saving money in areas that aren't important to you as well as your day to day bills. There are dozens of ways to cut costs to save money on your life so you can spend more money on the things that are important to you

#3 - Having access to income/money 

  • Whatever your lifestyle is, it will cost you money...so you need INCOME. It doesn't mean you need to make hundreds of thousands each year, but you do need to make enough to sustain your lifestyle. This could be savings, rental real estate, investments, retirement accounts, bridge accounts, side hustles, or any other source. Calculate all of these income sources and determine if it's enough to pay for your retired life. That may look like $20k/yr or $200k/yr but you need to know these numbers

#4 - Think Creatively 

  • The more creative you are with spending, saving, investing, or making more money, the easier it will be for you to retire earlier. As we said before, there are many ways to make money and many ways to save money so think outside the box so you can retire earlier