2796: How to Retire on 1 Million or Less by ESI of ESI Money on Frugality & Financial Independence

Optimal Finance Daily - Financial Independence & Money Advice

Content provided by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

1M ago 10:18

MP3•Pagina episodului

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 2796:

ESI of ESIMoney.com explains how you can retire early with a net worth of $1 million or less, using strategies common among the FIRE (Financial Independence Retire Early) community. Learn how to maximize your savings, minimize debt, and invest wisely to achieve financial independence by your mid-30s and live comfortably without a traditional job.

Read along with the original article(s) here: https://esimoney.com/retire-1-million-less/

Quotes to ponder:

"The steps to FIRE won’t surprise you. They involve earning, saving, and investing."

"They are used to living on a small portion of their earnings, so retirement is no different."

"This extra allows you to quit your 'normal' job much sooner."

Episode references:

The 4% Rule Explained: https://www.investopedia.com/terms/f/four-percent-rule.asp

Learn more about your ad choices. Visit megaphone.fm/adchoices

2838 episoade