Journey To Launch

Episode 289- Retiring at 30yrs Old & Living A Full Life On $20k A Year W/ Purple

Sep 28, 2022

54:37

If you didn’t have to work again for money, what would you really do with your time? We often hear about retiring early in the context of someone quitting their corporate job to work on their own business. But what if you truly didn’t have to work and could really live your life on your own terms?

On this episode of the Journey To Launch Podcast, we have a returning guest, Purple who shares her life after early retirement.

Purple retired from corporate America with a portfolio of $500k+ at the young age of 30 right before the 2020 pandemic. She explains what she does with her time now that she is no longer working, how she strives to live an intentional, purpose driven life, and how the pandemic was a catalyst for exiting the work-force.

In this episode, we discuss:

How fear during the pandemic pushed Purple to retire early
Realistically living off of $20,000 + what that lifestyle looks like
The nomad lifestyle + how it saves Purple money
Strategies for withdrawing money, what a Roth Conversion ladder is, + more

What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here!

Other related blog posts/links mentioned in this episode:

https://apurplelife.com
Journeytolaunch.com/mystage
https://journeytolaunch.com/episode126/
Check out my new personal website here.
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