The Financial Independence Show

How This Mailman Retired at 27 (Replay) | Jimmy Ridenhour


Listen Later

In today’s episode, Cody and Justin bring you back to one of our favorite episodes ever!

This is the story of Jimmy Ridenhour who, unlike most of our guests, has no blog, book, or podcast. This was actually Jimmy’s first interview ever.

That doesn’t mean his story isn’t remarkable.

Jimmy’s story starts out with a very tragic start that involves murder and family turmoil but he amazingly finds his way to success and has an unmatched amount of positive vibes when you meet him in person.

After that tragic start, Jimmy landed on his feet (literally) as a mailman at age 18.

While most people his age were racking up college debt, he was bringing in upwards of $80k a year while he put in 70+ hour weeks.

This allowed him to purchase his first home for $125k and have it paid off at age 23.

At age 27, Jimmy had five properties which generated enough cash flow for him to live on.

His expenses were only $1,300 per month so he had an extreme amount of flexibility for his future.

Jimmy’s #1 tip is to just get started because you’ll learn so much from the first house.

If you enjoyed this episode, don’t forget to share this podcast with a friend!

Join the Community

We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!

  1. Grab the Ultimate FI Spreadsheet
  2. Join our Facebook Group
  3. Leave us a voicemail
  4. Send an email to contact [at] TheFiShow [dot] com
  5. If you like what you hear, please subscribe and leave a rating/review!

    >> You can do that by clicking here <<

    Learn More About Your Hosts

    CodyDBerman.com (Cody’s Blog)

    Saving-Sherpa (Justin’s blog)

    ...more
    View all episodesView all episodes
    Download on the App Store

    The Financial Independence ShowBy Cody Berman and Justin Taylor

    • 4.8
    • 4.8
    • 4.8
    • 4.8
    • 4.8

    4.8

    296 ratings


    More shows like The Financial Independence Show

    View all
    Afford Anything by Paula Pant | Cumulus Podcast Network

    Afford Anything

    3,549 Listeners

    The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

    The Stacking Benjamins Show

    1,986 Listeners

    Financial Independence Podcast by The Mad Fientist

    Financial Independence Podcast

    1,664 Listeners

    Marriage Kids and Money: Personal Finance for Families by Andy Hill

    Marriage Kids and Money: Personal Finance for Families

    603 Listeners

    ChooseFI by ChooseFI

    ChooseFI

    5,144 Listeners

    Millionaires Unveiled by Jace Mattinson, CPA

    Millionaires Unveiled

    891 Listeners

    BiggerPockets Money Podcast by BiggerPockets

    BiggerPockets Money Podcast

    3,078 Listeners

    Earn & Invest by Jordan Grumet (Doc G)

    Earn & Invest

    454 Listeners

    The Personal Finance Podcast by Andrew Giancola

    The Personal Finance Podcast

    1,409 Listeners

    Risk Parity Radio by Frank Vasquez

    Risk Parity Radio

    278 Listeners

    Personal Finance for Long-Term Investors - The Best Interest by Jesse Cramer

    Personal Finance for Long-Term Investors - The Best Interest

    140 Listeners

    All the Hacks: Money, Points & Life by Chris Hutchins

    All the Hacks: Money, Points & Life

    1,621 Listeners

    Mile High FI Podcast by Doug Cunnington & Carl Jensen

    Mile High FI Podcast

    201 Listeners

    Catching Up to FI by Bill Yount & Jackie Cummings Koski

    Catching Up to FI

    357 Listeners

    Inside Out Money by Maggie Tucker

    Inside Out Money

    262 Listeners