Ep 82: Achieving Financial Independence and Retiring Early with Rachel Richards

Reaching financial independence and retiring early is the holy grail of personal finance. But what does financial independence really mean, and how can we achieve it? Our guest today has some ideas. Rachel Richards is a former financial advisor and bestselling author of Money Honey and Passive Income, Aggressive Retirement. She is also a real estate investor with over 35 rental units, as well as a professional speaker, and an entrepreneur. Rachel is well-known for retiring at the age of 27 and living off $15,000 per month in passive income. In this episode, Rachel shares her early foray into real estate and the mindset shift that occurred when her and her husband bought their second property and realized it was the way to achieve financial freedom and realize her dream of retiring early. She talks about the process of writing two books, scaling her real estate business, and creating multiple streams of passive income, as well as learning from her mistakes. Rachel also shares some advice for those looking to manage properties out of state, write a book, or share their unique gift with the world. Tune in today!