On this episode, Jake and Gino are on fire to talk about the F.I.R.E movement. The movement is devoted to a program of extreme savings and investment that aims to allow to retire far earlier than traditional budgets and retirement plans.
The duo strongly observes the mindset as a tool to live an abundant life. As they delve deep into various pros and cons of the movement, it gives an opportunity to check whether it transforms the mindset positively or negatively.
Of course, one should consider the wealth creation plans and movements for an early retirement however, if that is adversely affecting your abundance mindset you should reconsider it.
02:44 What retirement looks like to you?
06:30 What is F.I.R.E?
11:05 Big purpose behind creation of ‘100-Year Real Estate investor’
12:35 Jake and Gino movement: Save for an asset, not an event
13:40 Pros of F.I.R.E movement
17:00 Cons of the movement
20:05 They want you to live in scarcity, what do you want for yourself?
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Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company that controls over $225,000,000 in assets under management. They have created the Jake & Gino community to teach others their three-step framework: Buy Right, Finance Right and Manage Right®, and to become multifamily entrepreneurs.
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