Index Investing News
Sunday, May 25, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

We Spend $12K a Month…Can We Still Retire in 10 Years?

by Index Investing News
September 29, 2023
in Investing
Reading Time: 3 mins read
A A
0
Home Investing
Share on FacebookShare on Twitter


Tyler and Jenna need to know how to retire in ten years or less so they can spend less time working and more time with their family. The problem? They’re spending more than $10,000 monthly in expenses, and even with a high salary, that hurts their bottom line. But, a bigger problem to take care of is the six-figure savings sitting in their bank account, not bringing them any closer to becoming financially free. So, what should they do next?

Today, Mindy is joined by her husband, Carl, as these lucrative lovebirds advise a young couple who just had their first child and are looking to speed up their early retirement timeline. Tyler works in finance, taking home a stable income, and Jenna runs her own business that’s still expanding. They want to increase their incomes, invest more, and move closer to early retirement, so where do they start?

With three FI-friendly investment options—index funds, short-term rentals, and syndications—Tyler and Jenna can use any (or all) of these to multiply their wealth. But, one of these options poses a substantially bigger risk than they may think, and Mindy and Carl feel that they MUST warn this couple about it before they pull the trigger. If you dream of hitting FI in a decade or less, this episode can help you get there!

Click here to listen on Apple Podcasts.

Listen to the Podcast Here

Read the Transcript Here

Watch the Podcast Here

 

Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds. Thanks! We really appreciate it!

In This Episode We Cover

  • How to hit financial independence in ten years or less (and what to invest in)
  • Tracking your expenses and categories you may want to cut out of your budget
  • Syndication investing 101 and why now may NOT be the time to invest in passive deals
  • Private money lending and becoming the bank for active real estate investors
  • Buying a short-term rental and how to ensure it’ll actually turn a profit
  • Index funds for early retirees and the easiest way to make your money grow 
  • And So Much More!

Links from the Show

Books Mentioned in This Episode

Connect with Carl

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Let us know!

Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.



Source link

Tags: 12KMonthCanRetirespendYears
ShareTweetShareShare
Previous Post

Pentagon discloses military deal with Elon Musk — RT World News

Next Post

Simple Deals We’re Doing That Are Making MASSIVE Profits

Related Posts

Learn how to Maintain Tariffs from Derailing Your Renovations (Rookie Reply)

Learn how to Maintain Tariffs from Derailing Your Renovations (Rookie Reply)

by Index Investing News
May 23, 2025
0

The financial panorama is shifting quick. With tariffs driving up materials prices, does the BRRRR (purchase, rehab, hire, refinance, repeat)...

If No One Follows the 4% Rule, What IS the Proper Withdrawal Price?

If No One Follows the 4% Rule, What IS the Proper Withdrawal Price?

by Index Investing News
May 23, 2025
0

Most individuals assume the “protected withdrawal charge” for retirement (or early retirement) is 4%. However, if that’s the case, why...

98% of Housing Markets “Weaker” Than Final 12 months: Good Information for Traders?

98% of Housing Markets “Weaker” Than Final 12 months: Good Information for Traders?

by Index Investing News
May 22, 2025
0

The Downgrade Is Achieved. The Investor Response Is Simply Starting

The Downgrade Is Achieved. The Investor Response Is Simply Starting

by Index Investing News
May 22, 2025
0

For world traders and institutional asset managers, Moody’s downgrade of US sovereign debt is greater than a symbolic sign —...

No 401(okay)? No Downside—Sensible Retirement Methods for the Self-Employed

No 401(okay)? No Downside—Sensible Retirement Methods for the Self-Employed

by Index Investing News
May 22, 2025
0

Next Post
Simple Deals We’re Doing That Are Making MASSIVE Profits

Simple Deals We're Doing That Are Making MASSIVE Profits

Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions

Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Leeds have unearthed a diamond in Drameh

Leeds have unearthed a diamond in Drameh

October 27, 2022
Will This Shiba Inu (SHIB) Price Pattern Start Reversal? By U.Today

Will This Shiba Inu (SHIB) Price Pattern Start Reversal? By U.Today

January 9, 2024
North Korea Studies 6 Deaths as Covid-19 Spreads ‘Explosively’

North Korea Studies 6 Deaths as Covid-19 Spreads ‘Explosively’

May 13, 2022
Something Absurd in Anti-Discrimination Laws

Something Absurd in Anti-Discrimination Laws

August 29, 2023
X restricts Changpeng Zhao’s account after name change removes ‘Binance’

X restricts Changpeng Zhao’s account after name change removes ‘Binance’

November 23, 2023
Wholesale prices post unexpected decline of 0.1% in February; retail sales fall

Wholesale prices post unexpected decline of 0.1% in February; retail sales fall

March 15, 2023
Jack Osbourne Says Mom Sharon Needs Plastic Surgery Tune-Up Every 5k Miles Just Like A Car

Jack Osbourne Says Mom Sharon Needs Plastic Surgery Tune-Up Every 5k Miles Just Like A Car

September 5, 2023
LafargeHolcim: A Observe Up Word On Q1 Efficiency (OTCMKTS:HCMLF)

LafargeHolcim: A Observe Up Word On Q1 Efficiency (OTCMKTS:HCMLF)

May 9, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In