How to Retire Before Age 40 with the FIRE Method
With Stephanie & Gillian of Our Freedom Years
After feeling stuck in high-stress corporate jobs, Canadian couple, Stephane and Gillian left Toronto for Singapore, where they lived for the next 7 years. After experiencing burnout again, however, they decided to retire early using the FIRE method - saving up enough money to quit their jobs (again) after just a few years.
Today, they are slow-traveling the world living on passive income as fully-retired digital nomads!
Like our guest last week, Eric Richards of Nomad on Fire podcast, Stephanie and Gillian retired before age 40 using the FIRE system.
In today's episode, they explain exactly how they did it and how you can do it too!
⚡️TOPICS DISCUSSED: ⚡️
How to quit your corporate job
How to create multiple income streams remotely
Advice for people who are just starting out in entrepreneurship, saving money, investing, or the digital nomad lifestyle
How to learn new skills later in life
EXPAT LIFE:
Cost-of-living in Singapore
How to find jobs in Singapore with no previous experience or connections
Explain what the honeymoon period was like for you as expats in Singapore and when did that stop?
Best and worst parts of living in Singapore as expats
EXPAT TRAVEL:
Top 3 favorite digital nomad destinations
How to travel with pets (two dogs)
Cost-of-living in Poland
Favorite digital nomad destinations
Airbnb prices during the coronavirus pandemic
What living in Athens, Greece is like during COVID-19
Challenges of traveling together as a couple
RETIRING EARLY
How long does it take to save up enough money to retire early on FIRE?
How to reduce your cost of living in a place like Singapore - one of the most expensive countries in the world?
Where does their passive income come from?
What is the #1 most effective way to save money for retirement?
LIGHTNING ROUND
Best money-saving travel hack
Best travel app
Digital bank account
Favorite remote work tool
Best tip for meeting people abroad
Book recommendation for learning how to retire early
📝 EPISODE RESOURCES & SHOW NOTES
Which Countries Can Americans Travel To?:
"Our Next Life" Blog (FIRE Lifestyle Inspiration)
Related podcast episodes:
Retire Early Aftercast
CONNECT WITH STEPHANIE & GILLIAN
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👱🏼♀️ CONNECT WITH KRISTIN
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