Early Retirement Downsides You Aren’t Prepared For... FIRE | Financial Independence Dark Side

Early Retirement has downsides and dark sides you aren't prepared for. FIRE life isn't all that you might have hoped it would be. Financial independence has its set of perks but also has its fair share of downsides - the dark sides. The dark side of financial independence is real and you need these strategies to cope. IF you made it this far, and you have the skills to cope. Money magnifies.

#Earlyretirement #FIRE #financialindependence

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I'm a huge fan of Pete Adney's Mr Money Mustache (www.mrmoneymustache.com )
& Early Retirement Extreme (Earlyretirementextreme.com)

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Your Money or Your Life – The first book written on FIRE: https://amzn.to/2DkAumd
The Wealthy Barber – Interesting narrative personal finance story: https://amzn.to/2MRHN46

Ultimate Beginners Guide to Investing in Real Estate- Biggerpockets: https://amzn.to/2ppvuCH
The Book on Rental Property Investing – Biggerpockets – I hear good things: https://amzn.to/2MS3Mrx
Cashflow Quadrant: https://amzn.to/2DjZMke
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Mike Rosehart Business & Coaching Inquires: [email protected].
If you want to speak with me on the phone or over skype for 1 on 1 coaching calls, I have decided to make myself available on a limited basis (so long as it doesn’t infringe on my Freedom too much – Family is important too!). Given the availability in my calendar is limited I have to charge $99/hour to ensure I don’t get swamped with requests that I cannot respond to for months. That said, most of what you need to know is out there on Youtube and in my videos. I look forward to hearing you.

Mike has a true rags to riches success story that proves anyone can do what they set their minds to. He grew up in poverty bouncing from home to home and realized at age 17, when he moved away for college, that there was this early retirement movement - nicknamed the "FIRE Movement." It was there, in his college dorm-room that he set out to be the youngest retiree, and retire in only 7 short years (17 to 24 years of age). He achieved the goal of becoming a self-made millionaire, with a young family, at the age of 24 through hard work, extreme frugality, and astute Real-estate investing.
Today, Mike (26) works hard to share what worked for him, what didn’t, and to help educate others on all things Real-Estate and personal finance. He is now on a mission to help educate & assist others on all things Real Estate as they unlock financial independence for themselves! He recently co-founded a full service real estate investment management firm (RightWay Management Inc.) in London, Ontario that specializes in helping investors unlock much higher than normal market returns so that they can unlock early retirement through rental income cash-flow (averaging $1000+/month per property he partners with investors on). He is currently scaling up very quickly, acquiring over one property per week in London with investor partners. Mike has been involved in purchasing 50+ deals with investors & friends in the last 2 years. Subscribe to follow Mike on his journey to help others unlock financial independence!
Disclaimer: I make no representation or guarantee to any of the information or advice in this video. These are just my thoughts & opinions and should not be relied upon as legal or professional advice.