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“Regular” people can hit FIRE (financial independence, retire early), EVEN in their 40s! Paul and his wife are doing just that, already on track to hit FIRE by 45 years old, only a few years after finding the FIRE movement. Their secret: repeatable, steady, and stable passive income investments that allow them to keep a high savings rate and invest more (and faster) than before!
What are the “regular” investments Paul and his wife are using to retire twenty years before the traditional timeline? How did Paul reach this point after starting with a 400 credit score and struggling to get a basic credit card? Paul proves that anyone (no matter their financial situation) can turn their personal finances around, achieve FIRE, and even avoid the middle-class trap along the way!
Want to retire early in just 10 years, like Paul? This is exactly how the average American can do it!
00:00 "Regular" Path to FIRE!
01:54 Starting with HORRIBLE Credit
06:25 Salary and Finding FIRE Movement
08:33 Dividend Investing
12:34 WAY More Passive Income
19:28 Pay Off Mortgages?
22:30 Paul's FIRE Timeline
24:52 The "Boring" Middle
27:54 Finding FIRE Community
30:25 This is CRUCIAL for FIRE
32:11 You’re Wrong About Your Job
36:23 Connect with Paul!