EPISODE · Jun 3, 2024 · 50 MIN
Lesson 1.7: Douglas's Story - Financial Freedom at age 42
from The School of Financial Freedom Podcast · host Douglas Tsoi
You may have read this on my newsletter, but this episode is my story of how I reached financial freedom at age 42 in 2014. The average American works 90,000 hours in their lifetime. I worked 30,000. In my 20 years of working, I only averaged $36k a year. But if you only spend $25k a year, the math works out: How I retired at age 42 only making $36k a year. So I generally believe that financial freedom is possible for any American making a middle-class income. I started teaching Financial Freedom in 2016 and have taught around one thousand students. Whether you want to sprint to FF or do "Coast FI", I believe that getting a hold of your finances is key to living the life you want.
What this episode covers
You may have read this on my newsletter, but this episode is my story of how I reached financial freedom at age 42 in 2014. The average American works 90,000 hours in their lifetime. I worked 30,000. In my 20 years of working, I only averaged $36k a year. But if you only spend $25k a year, the math works out: How I retired at age 42 only making $36k a year. So I generally believe that financial freedom is possible for any American making a middle-class income. I started teaching Financial Freedom in 2016 and have taught around one thousand students. Whether you want to sprint to FF or do "Coast FI", I believe that getting a hold of your finances is key to living the life you want.
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Lesson 1.7: Douglas's Story - Financial Freedom at age 42
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