1687: How to Retire By 40 with $1 Million

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 24 June 2024

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today, we're in discussion with a a financially exceptional couple, Katie and Alan Donegan, who managed to quit their day jobs and retire when Katie was 35 and Alan was 40. We’ll hear how they calculated for this accelerated plan, how they’re living out their early retirement dreams, and advice for listeners on determining how much one needs to save for retirement. Learn more about the Donegans and their Rebel Finance School here. (This episode aired originally on May 27, 2024)

Transcript

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0:00.0	Hi, it's Farnush and I'm opening up my mentorship program for the last time in 2024.
0:05.7	I call it Farnush BTS and it's my four month group mentorship program to help elevate your
0:11.9	brand and fast track your success. The number one
0:15.2	question I get outside of personal finance is how did you become you? In other
0:20.0	words, how did you become the go-to expert in your field?
0:23.4	How did you build a business that is central to your personality and your brand?
0:27.4	You'll learn all my strategies across all the different verticals from podcasting to writing
0:32.2	books and I'll connect you with very
0:34.7	important people in my life as one of my recent clients said I loved the
0:38.8	intimacy of our conversations and the diversity of entrepreneurs drawn to this program.
0:43.7	Applications are available at farnush btt.com.
0:47.2	farnush btt. com. I look forward to helping you.
0:50.9	So money episode 1687 meet the couple who retired by 40 with a
0:56.6	million dollars in savings.
0:59.7	You're listening to So Money with award-winning Money Guru Farnu Farnu Karabi.
1:04.5	Each day, get a 30 minute dose of financial inspiration
1:07.7	from the world's top business minds, authors, influencers,
1:11.4	and from Farn Farnus herself.
1:13.0	Looking for ways to save on gas or double your double coupons?
1:17.0	Sorry, you're in the wrong place.
1:20.0	Seeking profound ways to live a richer, happier life. Welcome to So Money.
1:26.2	To answer your question specifically about how do you know when enough is enough,
	...

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