Living in a Low Cost of Living Area

LZ Granderson: I like to call our house that we live in now, our off-grid recession-proof home. LZ: We have no hookups to the grid to utilities whatsoever. He says he and his wife are so sustained out here that they can live almost as cheaply as they want. "We've built a lifestyle here out in the Arizona desert with our little thousand square foot house"

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Episode notes

Steve Adcock retired at age 35 and currently lives off the grid in the desert. Prior to retiring early and achieving financial independence, he worked 14 years in the information technology field. Learn all about early retirement and more.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:28 - How Steve retired at 35 after living a somewhat luxurious lifestyle in his 20’s.

22:01 - How much Steve and his wife had saved prior to making the leap to early retirement.

33:44 - The pros and the cons of early retirement.

41:36 - What Steve’s thoughts are on the follow your passion versus earn more money debate.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Morgan Housel’s book The Psychology of Money.
Robert Kiyosaki’s book Rich Dad Poor Dad.
Thomas Stanley and William Danko’s book The Millionaire Next Door.
JL Collin’s book The Simple Path to Wealth.
Related Episode: Listen to MI041: The Simple Path To Wealth w/ JL Collins, or watch the video.
Related Episode: Listen to MI120: Bitcoin and Financial Independence w/ Jim Crider, or watch the video.

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