Hall's net worth is $1.6 million, which is impressive by any standard, but he's stuck wondering,

when can I actually retire? Sound familiar? Today, we're analyzing his complete financial

situation and mapping out the fastest route to fire.

Hello, hello, hello, and welcome to the Bigger Pockets Money podcast. My name is Mindy Jensen,

and with me as always is my very observant, optimistic, you know, B-O-O-O-coast, Scott Trench.

Oh my gosh, Mind, you just have an index full of these creative intros here. Paul, thank you so much

for your willingness to join us again here on Bigger Pockets Money and share all of your numbers for this episode of Finance Friday. We're super excited to explore your options today and go through all of this. Welcome. Thank you. I'm excited to be on. Obviously, watch all the episodes, really respect, you know, your opinions and everything that you've shared. So I'm excited to have you guys kind of crunch our numbers and see where we're at. All right. Paul, before we get into your numbers,

can you give me like a two-minute review of how you got to where you are today? Yeah, sure. We look at

the fire journey, honestly, started with paying off debt at a young age. We kind of transitioned from there to traditional 401 accounts and building up Roth IRAs.

And then during COVID, we got really excited about real estate.

We were reading books and kind of educating ourselves and just saw the cash flow coming

off of that was much better than just dividends from the stock market.

So that's when we kind of pivoted into real estate. And we've been growing ever since.

And Paul, what does your retirement timeline look like, your ideal retirement timeline? Yeah, our ideal retirement timeline is five to six years.

Let's look at what those numbers actually are. So we have a total net worth of about

$1.6 million. Yay, that's awesome. Remind me how old you are again, Paul? Just turned 40.

Just turned 40. Okay. 1.6 at 40? Doing pretty good. That is broken down into $11,000 in cash, $600,000 in a 401k, $ 11,000 in cash, 600,000 in a 401k, 61,000 in a Roth IRA,

27,000 in a taxable brokerage, 15,000 in an HSA, and drumroll, please, $1.5 million in rentals,

but $800,000 in mortgages against those rentals, so about 700,000

in rental value, and about 300,000 in home equity. Your current income is a whopping $295,000, with about

$2.30 coming from you and your spouse's jobs and $51,000 in rental income. Yay! $5,000 in

private lending payments. So I like that you have a bunch of different buckets where the money's

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