I Retired Early in My 40s WITHOUT Withdrawing from My Portfolio! | Life After FIRE

You CAN retire early in just ten years IF you save and invest enough. Fortunately, your retirement expenses may be less than you think. Chris Luger, from Heavy Metal Money, didn’t think about retiring early until a divorce made him take control of his finances. He realized that the path to early retirement was only ten years away, so he started saving—a lot. Chris managed to save and invest 70% of his income for seven years, and just last year, he pulled the trigger and retired! And here’s the kicker—Chris isn’t even touching his retirement portfolio. Thanks to a passive income side hustle, he’s funding his lifestyle without drawing down his nest egg. Chris is proof that even after divorce, with kids and an event-packed lifestyle, you CAN afford to retire early. What’s Chris’s investment portfolio made up of? What’s his passive income-producing side hustle? And how does he deal with stock market downturns without losing his head? Chris shares the raw realities of early retirement, the biggest struggles to prepare for, and the one thing that makes FIRE truly amazing once you achieve it. In This Episode We Cover How to retire early in your 40s by supercharging your savings rate  Why you need a passive income stream to have a stress-free FIRE lifestyle  Is a financial advisor worth it? Why Chris is confident in his decision to use an advisor  What you need to prepare for NOW if you’re planning on retiring early  Why Chris is worried about running out of life, not money, in early retirement (and you should be, too) And So Much More! Links from the Show Mindy on BiggerPockets Scott on BiggerPockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Join BiggerPockets for FREE Email Mindy: [e-mail] Email Scott: [e-mail] BiggerPockets Money Facebook Group Follow BiggerPockets Money on Instagram “Like” BiggerPockets Money on Facebook Subscribe to the BiggerPockets Money YouTube Channel! Rich Dad Poor Dad Sahil Bloom: The “X Factor” for Financial Freedom and Why FIRE Won’t Make You Happy When You Should (and Shouldn’t) Hire a Financial Advisor | Life After FIRE Heavy Metal Money Maximize Your Real Estate Investing with a Self-Directed IRA from Equity Trust Grab the Personal Finance Classic, “Rich Dad Poor Dad” Sign Up for the BiggerPockets Money Newsletter Property Manager Finder When You Should (and Shouldn’t) Hire a Financial Advisor | Life After FIRE Connect with Chris Connect with Carl Check out more resources from this show on ⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠ and ⁠⁠⁠⁠https://www.biggerpockets.com/blog/money-638 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠[e-mail] Learn more about your ad choices. Visit megaphone.fm/adchoices