- #Shockingly simple math for early retirement how to#
- #Shockingly simple math for early retirement free#
“If you want to be rich, you need to learn to live on less than you earn. So did I when Louis asked me the same thing. Of course, Louis enthusiastically said yes.
#Shockingly simple math for early retirement how to#
One day the old man asked him, “Louis, do you want to know how to become rich?” When Louis was in his 20s, he met an older, wealthy gentleman while he was working in New York.
The story stuck with me and gave me a basic formula for early retirement. And soon after I met him he told me a story about a simple formula to build wealth quickly. The teacher, Louis Stone, eventually became my friend, mentor, and private investor in real estate. The content was good, but it was the teacher that made the biggest impact. I liked to learn, so I decided to take some classes at Clemson University for the fun of it. I learned about insects, the philosophy of science (yeah, I’m a nerd), accounting, finance, and business management.Īll of the classes were worthwhile in some ways, but the business management class changed the course of my life. The fall after I graduated from college I was trying to figure out what I wanted to do with my life. It also includes Coach’s rental analysis spreadsheet.īut first, a story. In the rest of this article, I’m going to share the simple math behind early retirement and give you some practical ideas that will help you improve the odds in your favor.Ī course by Coach Carson that teaches you how to run the numbers so that you can confidently analyze and buy profitable rental properties. But applying that math will require some effort and some uncommon thinking.
#Shockingly simple math for early retirement free#
So, early retirement is a path to free yourself from your financial and mental shackles. And it’s a path for aspiring retirees of all ages, from the 25-year-old to the 60-year-old and beyond.Īmazingly enough, the math to reach early retirement is simple. Even jobs that began as interesting and fun can become drudgery when they’re done out of necessity for too long. Or it can be very simple and practical, like taking more time to work in your garden or to nurture your relationships with friends and family.īut instead of our true calling, too many of us spend our time grinding at a job “making a dying”. It can be epic, like traveling the world with your family.
It can be high-minded, like starting a movement to change the world for the better. Too often money and work get in the way of what matters, and early retirement is a way to reprioritize and move past money in order to free up more time for life.
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