What does it take to retire rich and retire early? A huge salary? Nope. Generational wealth. Wrong.
In this episode of the Stock Investing Series, JL discusses specific strategies middle-class earners can use to retire early.
Today’s episode is brought to you by Talent Stacker. If you’re stuck in a job you don’t like making too little money without any flexibility, it might be time to consider a change. Check out JL’s review here to see how Talent Stacker can help.
Notes & Links:
- Stocks Part 7 blog post: https://jlcollinsnh.com/2012/05/16/stocks-part-vii-can-everyone-really-retire-a-millionaire/
- S&P 500 return calculator: https://dqydj.com/sp-500-return-calculator/
- Dividends reinvestment calculator: https://dqydj.com/sp-500-periodic-reinvestment-calculator-dividends/
- JL's new book, Pathfinders: https://www.amazon.com/Pathfinders-Extraordinary-Stories-Financial-Independence_And/dp/180409000X
- Blog post on withdrawal rates: https://jlcollinsnh.com/2012/12/07/stocks-part-xiii-withdrawal-rates-how-much-can-i-spend-anyway/
- Mr. Money Mustache blog post on retiring early: https://www.mrmoneymustache.com/2012/05/14/first-retire-then-get-rich/