You can retire at 27! Seriously, Emily shares exactly how she did it in this episode. When she graduated college, her and her husband succumbed to lifestyle inflation, including a too-big condo, new clothes, and 5 cars (at the same time)! At age 24, they discovered financial independence, and planned to reach it in 6 years. By investing in real estate, Emily and her husband created enough passive income to live location independent and job-free in just 3 years! Now, they’re traveling the world full time.
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Today’s Guest
Emily Lowery from Rethink the Rat Race
You’ll Learn
- Lifestyle inflation and how to reverse it
- How to get your spouse on board with financial independence (FI) using real estate to become FI quickly
- Taking a leave of absence to ease into early retirement
- What full-time travel in early retirement is really like
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[…] Another option is to take a leave of absence, where your employer agrees to hold your job open for you if you choose to come back. Emily Lowery from Rethink the Rat Race took a 6-month leave of absence before turning in her resignation for early retirement, which you can learn more about in Episode 10. […]
[…] it offers you resources you can use for learning about entrepreneurship, making more money online, traveling the world, or living […]