How I Retired Earning Only $10,000 Per Year In Dividends
Photo by Austin Distel on Unsplash
I want to talk about FIRE today. FIRE stands for: financial independence, retire early.
It’s all about getting enough passive income to cover the bills so that you can do what you want, when you want. This is living life on your terms.
But what’s the bare minimum you need to achieve FIRE? What’s the fastest possible timeline to FIRE? I think I’m in a pretty good position to discuss this.
After all, I went from below broke at age 27 to financially free at 33. I started out in debt and only averaged about $50,000/year at my day job. Yet I still got to the finish line in only six years.
And I certainly didn’t have seven figures when I quit my job and started living off of passive income.
In fact, based on my experience, now seven years into FIRE, I think it’s easier than a lot of people make it out to be.
Today, I want to tell you how it’s possible to achieve FIRE with only $10,000/year in dividend income.
Video Length: 00:12:23
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