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What To Do in Your 20s So You Can Retire By Your 40s
Rating: 4.4 out of 5(168 ratings)
5,804 students
Created byDylin Redling
Last updated 3/2017
English

What you'll learn

  • How to create a plan to successfully retire in your 40s
  • How to invest strategically in the stock market
  • How to reduce your household expenses by $1000's per year
  • How to calculate your monthly net income & net worth
  • How to determine how much money you'll need to save for retirement
  • How to pay down your debts
  • How to create multiple income streams

Course content

3 sections11 lectures32m total length
  • About Us1:16
  • My Big Answer on Quora2:08

Requirements

  • You should have a very basic understanding of your finances
  • You should have a very basic knowledge of using spreadsheets

Description

I was recently on the Q&A site Quora and someone asked "What should I learn in my 20s that will help me to financially retire at 35 and travel the world for the rest of my life?"

I started my answer "I retired at 43, but if I knew in my 20s what I know now, then I could’ve retired at 35. Here are the 6 steps I’ve developed to help young people set themselves up for a successful early retirement:"

I went on to describe these 6 steps:

  1. Know Your Numbers
  2. Figure Out Your Target Retirement Goals
  3. Pay Down Debt
  4. Maximize Your Income NOW
  5. Learn How To Invest
  6. Slash Your Expenses

To my surprise, in the first 3 weeks my answer had 742k views2.88k upvotes, and 935 shares.

Why? Two reasons:

1) Young people are starving for good information about personal finance. They simply don't teach you this stuff in school. And,

2) The 6 steps are very simple. It's not rocket science and is very doable.

If you're still in your 20s, you have the most powerful asset available: TIME. Please enjoy this FREE mini-course illustrating what you should do now so you can be retired by your 40s!

Who this course is for:

  • This course is for people in their 20s who want to learn more about personal finance
  • This course is for people in their 20s who want to improve their financial situation