3689: How to Retire Early by ESI of ESI Money on Financial Independence | Optimal Finance Daily...
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Episode 3689:
ESI lays out the three moves that let him retire at 52: earning a good income, controlling spending to open a gap, and investing that gap for growth and then income. He explains why early retirement is possible at almost any income level, since the size of the gap matters more than the size of the paycheck, and describes the index funds and rental properties that carried his savings the rest of the way toward financial independence.
Read along with the original article(s) here: https://esimoney.com/how-to-retire-early/ (https://esimoney.com/how-to-retire-early/)
Quotes to ponder:
"Retiring early can be done at all income levels, but the more you earn the more you can sock away and the more you'll have to fund the retirement you want."
"Controlling spending is why retiring can be done at almost any income."
"The bigger the gap, the more you can save and the faster you can retire."
Optimal Finance Daily is a daily personal finance podcast where we narrate the best articles on financial independence, investing, saving money, and money management, read to you by a professional narrator so you can grow your wealth a little more every day.
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