111: Starting Late? Early Retirement Is STILL Possible with A Purple Mom

111: Starting Late? Early Retirement Is STILL Possible with A Purple Mom

On episode 110, we interviewed A Purple Life. As she was sharing her story of financial independence, she casually mentioned that her mother didn’t start investing until later in life, and STILL managed to retire at age 55! So this week, we’re talking to her mother - who has her own amazing story of early retirement which she was able to accomplish even though she didn’t START investing until she was 40! Momma Purple shares her pragmatic approach to money in general - buying what you need, trying to make repairs instead of buying something new, sticking to a budget and banking bonuses instead of spending them. Momma Purple is also a big advocate for having multiple, passive income streams like rental properties and a pension. Hear her story of weathering TWO market crashes during her investing journey, taking immediate action when she discovered her money was in the wrong investment, and how fabulous her life is now, after retirement. In This Episode We Cover: Momma Purple's journey with money Her life looks like when Purple was born How she managed her money and able to save up so much as a single mom Things that changes her practice with money after the conversation she had with her colleague Her 10-year plan to early retirement Talking about her investing journey What she do the moment she was retired Her advice for older listeners And SO much more! Links from the Show Personal Capital Mindy's email Scott's email BiggerPockets Money Facebook Group BiggerPockets Money Survey Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(747)

She Retired at 39… After Moving to New York City

She Retired at 39… After Moving to New York City

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Coast FI by 30 in a HCOL City (Here’s How He’s Doing it)

Coast FI by 30 in a HCOL City (Here’s How He’s Doing it)

In this episode, discover how Eli, a 24-year-old living in NYC, is on track to hit financial independence and retire early—despite the city’s high living costs. His strategies and mindset shift challe...

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Retiring Early in 5 Years? Do THIS First

Retiring Early in 5 Years? Do THIS First

Thinking about early retirement in the next 5 years? This episode breaks down exactly how to prepare—financially and emotionally—so you don’t just retire early, but stay retired. Mindy Jensen and Scot...

10 Apr 41min

How She Quit Full-Time Work at 27 Without Millions (Coast FI)

How She Quit Full-Time Work at 27 Without Millions (Coast FI)

What if you didn’t have to grind your way to financial independence? In this episode, Alyssa shares how she reached Coast FI by prioritizing flexibility, intentional spending, and what she calls “hobb...

7 Apr 46min

Can He Retire in 10 Years? (We Ran the Numbers)

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Is a $2M net worth enough to retire in 10 years? In this Finance Friday episode, Mindy and Scott break down a real “messy middle” case study—Karl, a high-saving household navigating early retirement p...

3 Apr 57min

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How Tiffany Aliche Went from Rock Bottom to Millionaire

From $500 a month to a $10M+ net worth, Tiffany Aliche shares how she rebuilt her life after $300K in debt—and the 10 pillars of “financial wholeness” that helped her do it. This episode of the Bigger...

31 Mar 57min

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