How We Built a $1M Net Worth by 32 (Step-by-Step Breakdown)

How We Built a $1M Net Worth by 32 (Step-by-Step Breakdown)

Trevor and his wife reached a $1 million net worth by age 32 and are on track to achieve financial independence well before 40. In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench chat with Trevor about his unconventional journey involving strategic career moves, real estate investments, and leveraging corporate benefits. Learn how Trevor went from a $1,000 net worth after college to $1 million through smart financial decisions and opportunities. Trevor shares his experiences, challenges, and the importance of financial flexibility in achieving Coast Fire in his 30s. To go beyond the podcast: Kick start your financial independence journey with our FREE financial resources Subscribe on YouTube for even more content Connect with us on social media to join the other BiggerPockets Money listeners We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(741)

On Track to Retire a Millionaire After Living Paycheck to Paycheck

On Track to Retire a Millionaire After Living Paycheck to Paycheck

Just a short while back, Marisa Mae was caught in the paycheck-to-paycheck trap, her credit cards stretched to their limits with no emergency savings to speak of, all while wrestling with constant fin...

18 Okt 202427min

Should You Keep or Sell Your House? Use This Tool to Find Out in Minutes

Should You Keep or Sell Your House? Use This Tool to Find Out in Minutes

Should you sell your house or keep it as a rental property in 2024? What you do with your home today could create a million-dollar swing in your portfolio ten, twenty, or thirty years from now. Fortun...

15 Okt 202442min

4 Ways to Make Passive Income from Real Estate (Don’t Quit Your 9-5!) w/Devon Kennard

4 Ways to Make Passive Income from Real Estate (Don’t Quit Your 9-5!) w/Devon Kennard

Real estate investing is one of the best vehicles for building wealth, reaching financial independence, and saving for retirement, but you don’t need to become a full-time investor to reap the benefit...

11 Okt 202453min

How Much Do You Need for Early Retirement? (How to Calculate Your FI Number)

How Much Do You Need for Early Retirement? (How to Calculate Your FI Number)

How Much Do You Need for Early Retirement? (How to Calculate Your FI Number) Podcast Description What’s your financial independence number (FI/FIRE number)? Are you being too conservative, or are you ...

8 Okt 202436min

Why This “Physician on FIRE” Ignored the 4% Rule & Delayed Early Retirement w/Leif Dahleen, MD

Why This “Physician on FIRE” Ignored the 4% Rule & Delayed Early Retirement w/Leif Dahleen, MD

Why do many wealthy people wait so long to retire? Despite earning a physician’s salary, living frugally, and saving what most would call “more than enough” money, today’s guest worked for another fou...

4 Okt 202435min

How to Reach FIRE Based on Your Income ($45K - $100K/Year)

How to Reach FIRE Based on Your Income ($45K - $100K/Year)

What does it mean to “win” financially in your income bracket? To us, the end goal is always FIRE (Financial Independence, Retire Early), and if you’re chasing financial freedom, this is the show for ...

1 Okt 202436min

The Realistic, Repeatable Path to Investing for FIRE in Your 20s

The Realistic, Repeatable Path to Investing for FIRE in Your 20s

Young, old, or in between, you need to hear this episode! Today’s guest paid off over $80,000 of debt, grew her net worth to $100,000 and did it all just years after graduating from college without a ...

27 Sep 202433min

FI With 5 Kids and Debt-Free in Just Over a Decade!

FI With 5 Kids and Debt-Free in Just Over a Decade!

Does FIRE seem impossible while raising a family? We’re about to prove that you CAN have it all. Emily and Joel are financially independent while raising five kids and still have the money to travel t...

24 Sep 202440min

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