A 30-year-old Redditor earning $250,000 annually and having a $1 million net worth seeks financial independence through advice from the FIRE community. Key suggestions include investing in real estate for passive income, setting long-term financial goals, and employing the 30-day rule to control shopping habits. With $10,000 generated annually from rental properties, the Redditor can strategically expand their real estate portfolio, ultimately leading to greater financial security in retirement.
Investing in more real estate, setting long-term goals, and using the 30-day rule to curb spending can all make a difference.
Buying a property every 1-2 years can help the Redditor accumulate more passive income.
#financial-independence #real-estate-investment #fire-community #retirement-planning #money-management
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