Justin Taylor has unlocked the “repeatable” path to FIRE. In his early thirties, he reached financial independence and early retirement after less than a decade of working. He did it all without a trust fund, handouts, or investing knowledge. Through careful planning and some serious research, Justin was able to invest most of his income, allowing him to retire early with under a million dollars. Years later, he’s even richer than before and is STILL traveling the world without having to work a nine-to-five.
In this episode, we’re asking Justin exactly how he made the massive leap from low-income to financial freedom, the “repeatable” investing method anyone can use to do the same, and how he was able to keep his expenses so low and retire early so quickly. Plus, Justin shares how to calculate your FIRE number and why it’s not as hard to reach early retirement as you think, EVEN if you’re starting with a low salary!
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BiggerPockets Money Episode 75 - The Most Efficient Path to Financial Freedom With Justin From Saving Sherpa:
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How to Retire Early (From Someone Who Did at Age 27):
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Financial Freedom at 25 by Doing What 99% of People Won’t w/Cody Berman:
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00:00 Low-Income to FI!
02:23 Searching for Time Freedom
03:55 Starting to Invest
06:02 Calculating Your FI Number
09:09 How Much He Spends
11:37 Income and Savings Rates
12:54 What He's Investing In
16:57 Create Your FIRE Plan!
18:25 Connect with Justin!
