293: Net Worth of $3.5M - Retired Firefighter

Millionaires Unveiled

Jace Mattinson

Investing, Millionaire, Financialplanning, Business, Self-improvement, Education, Finance

4.8 • 872 Ratings

🗓️ 8 May 2023

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

Robert is in his early 50's and has a current net worth of around $3.5 million. He has $2.1 million outside of his pension. 400k of that is a paid for house and the rest is across other assets in retirement accounts and a few other investments. His pension may be worth anywhere between 600k to $2.0 million so his range of net worth could be ~$2.8 to $4.1 million. He is a retired firefighter and worked in that field for 23 years. Prior to that he had what many would consider a traditional corporate career. He and his wife have never had kids.

Transcript

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0:00.0	probably about a year into her time working there.
0:03.4	And he, I'll never forget, we had a joint meeting with my wife and I and him and he told us
0:10.4	we needed to make our goal to save a million dollars and I remember she about
0:15.4	fell out of the chair and said after the fact after we finished that meeting that
0:21.0	day that there was just no way we would ever achieve that
0:24.2	and ever make that number or anything even close to it.
0:28.2	And so we came home and we discussed and I think we just started saying, well, what can we do and how much can we start saving a little more aggressively and seriously on that front?
0:39.0	And we did, it's really amazing to be able to say yes to a lot of things that I used to have to say well
0:44.1	the first thing I tell anybody is let me check my schedule and see how that's going to work.
0:50.2	And it's been really liberating to get off of the shift schedule after after 23 plus years in the business to the show where you'll hear the stories and interviews of everyday millionaires
1:06.0	will unveil their decisions, their strategies, and their portfolio allocations.
1:11.0	Not your host, J.S. Mattingen.
1:14.0	Welcome back to another episode of the Millionaires-N-Vale Podcast.
1:19.0	This is episode number 293.
1:21.0	Eleanor, how's it going?
1:23.2	What's going on in your world?
1:24.4	Oh, it's going great.
1:25.5	I'm seeing the, the, some spring around the corner here
1:30.1	and try not to look at the news too much
1:32.4	as things come out.
1:33.6	But obviously a lot of headlines always coming.
1:36.0	Yeah, real quick on a quick note on that.
	...

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