241: The Keys to Free College, Graduating Early, & Retiring with $10 Million

Amber Porter has one of the most optimized retirement plans we’ve ever seen. Seriously, she could give Mindy and Scott a run for their money! Amber grew up in a neighborhood that was anything but rich. Surprisingly, the wealthier people in her neighborhood were more interested in purchasing nice cars instead of investing, which they told her was essentially gambling. Amber quickly saw past this idea and realized that smart, consistent investing could lead her to many millions of dollars. She worked throughout high school and was able to graduate in only three years. Then, she applied for every scholarship possible and did the same in college, graduating in three years and completely debt-free. Suddenly, the idea of law school came into her head. She studied, passed the entrance exam, and got into a top school. The same school even gave her a twenty-five thousand dollar scholarship every year she attended. After graduating, she started investing heavily, working as much as she could to fund retirement accounts. She started working for the Army on the side, which allowed her to get an even better retirement plan, an army retirement check, and the ability to buy homes with a zero percent down VA loan. If all goes to plan, Amber will be retiring with close to ten million dollars at age fifty! In This Episode We Cover How to graduate from college debt-free by taking advantage of scholarships Graduating early so you can save a year's worth of tuition Working a government job with the benefit of a pension upon retirement Military benefits for homeownership, retirement investing, and more Getting rid of the “investing is gambling” fear many people have Reaching Fat FIRE upon retirement so you can live exactly how you dreamed And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices