Passively Rich with Rentals: Passive Income, Property & Purpose He Retired at 34 with One Bold Move—And Built Generational Wealth Along the Way (with Sam Dogen, Financial Samurai)
May 6, 2025
Join Sam Dogen, the Financial Samurai, who retired from Wall Street at just 34. He shares his bold approach to negotiating a six-figure severance and building a 7-figure portfolio through investing. Discover why hitting the $250K wealth milestone is crucial and learn about his innovative "One Property Per Child" strategy for creating generational wealth. Sam emphasizes the mindset shifts necessary for transitioning from living paycheck to paycheck to achieving financial freedom, offering practical steps that can change lives.
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Sam's Bold Wall Street Exit
- Sam Dogen worked in intense, stressful conditions on Wall Street starting in 1999, with long hours and health issues.
- He started Financial Samurai as a backup plan during the 2009 financial crisis, ultimately negotiating a severance to retire at 34.
Ask For What You Want
- Ask for what you want respectfully and provide a smooth transition for your employer when leaving.
- Train your replacement to increase chances of receiving a severance package and maintain goodwill.
Save Until It Hurts
- Save and invest until it hurts in your 20s and 30s to build a $250,000 portfolio where compounding begins to accelerate wealth.
- Focused, painful savings early on makes reaching the first million easier and fuels long-term financial growth.
