Kristy and Bryce share their journey through saving up enough to leave their jobs, the actual quitting process (it’s not as easy as you think) and into one of the worst ‘first years of early retirement’ – an oil crisis that sent their portfolio plummeting.
Kristy Shen grew up poor. Knowing her parents couldn’t help her financially, she gave up her dreams of being a writer and went to school to make big bucks as a software developer. She even graduated on the five-year program with an internship to limit her student debt and increase her chances of getting a job after graduation.
That gamble paid off and she was rewarded with a high-stress job requiring her to be on call 24 hours a day. After seeing that same job stress almost kill a co-worker, she re-evaluated her own health issues, decided this path was ridiculous, and set out to make a change.
Clever tricks including their Yield Shield and Cash Cushion got them through their tumultuous first year and ultimately proved that this DOES work, and you CAN retire early to travel the world.
If you’re yearning for another option outside of the traditional career path and wish you had the time and resources to see all of the faraway places on your list, tune into this episode—and get inspired.
Check the full show notes here: https://www.biggerpockets.com/moneyshow55
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