The Financial Independence Show

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


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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.
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