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Epic Real Estate Investing

What No One Is Telling You About a Fast Rat Race Escape Plan | 405

Epic Real Estate Investing

Matt Theriault

Business, Investing

4.7955 Ratings

🗓️ 8 June 2018

⏱️ 15 minutes

🧾️ Download transcript

Summary

Today on Financial Freedom Friday, Matt uses charts and equations to show you exactly what no one else will tell you about a fast rat race escape plan. Learn why patience equals speed, the absolute fastest way to achieve financial freedom, and the key to enjoying life while you're still young.

Transcript

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0:00.0

This is Terry O'Media.

0:04.0

Hey Matt here at Epic Real Estate and welcome to another episode of Financial Freedom Friday with Matt Terrio.

0:22.0

Hey, I just got back from a great week at the Epic Intensive.

0:26.0

It was last week in Indianapolis, and the whole concept was around escaping the rat race. It was called the Cash Flow Conclave.

0:37.0

And I introduced the crowd there to a concept that was on day three that I referred to as Patience equals speed. Patience equals speed.

0:47.0

So what I want to do is kind of demonstrate what I mean by this when it comes to escaping the rat race, okay?

1:00.4

So first, let's define what escaping the rat race actually is.

1:03.0

That's when you get your passive income to exceed your monthly expenses.

1:07.0

You need your monthly passive income to be higher than your expenses.

1:10.0

Once that gets higher, then you have officially escaped the rat race and you have the option

1:14.8

to work or not.

1:16.7

That's the plan.

1:17.7

And that's what everybody signed up for when they came to the Epicintensive.

1:20.8

They raised their hand, they bought the ticket, they got the hotel, and they traveled there, and basically saying,

1:27.5

this is really, really important to me.

1:30.5

So let's see if it's really important to you because there are a lot of people

1:34.4

there scratching their head a little bit and I'll show you what I mean by that in a

1:36.9

sec but let me show you the the options that we have. So if this if I have this

1:41.9

axis here, this represents cash flow. This represents time. So let's say

1:50.0

62 years old, okay, basic retirement rate or retirement age.

1:56.1

Then we have right here, what we have is

1:59.5

this is where you are right now.

...

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