The Money Podcast

How to Retire by 35


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SPONSOR: Direct Bullion. Download your free Guide to Gold Pensions Now. (plus get a special bonus).CLICK HERE NOW: https://robmoore.directbullion.com

 

Rob reveals his formula for early retirement based on his own experience of retiring three times! Rob shares his ICE investment framework, debunks common retirement myths and explains why a million pounds isn't enough anymore.

 

KEY TAKEAWAYS

 

  • Setting your retirement number is essential. Calculate how much annual income you want, double it for tax, then determine what capital sum would generate this. But remember, inflation will erode this over time.
  • The best investment strategy combines income, capital and equity (ICE). Property and well run businesses offer all three elements, while other investments like gold or Bitcoin usually provide only one or two.
  • Keep your largest expenses (housing, transportation, travel) as low as possible for as long as possible while investing heavily, rather than obsessing over small daily purchases.
  • Continuously reinvesting profits rather than drawing income dramatically speeds up compounding, your capital pot grows faster, generating more income over time, protecting your wealth from both market volatility and your own spending habits.
  • The fastest way to reach your retirement number is through business ownership which has the highest risk but greatest control. Property provides the most reliable passive income once you retire (combining income, capital appreciation, and equity potential).

 

BEST MOMENTS

 

"I retired at 29, not even a week, went on a week's holiday. My business partner was like, the world is fucked. Get back. I was bored anyway on the ski holiday."

 

"You don't save for retirement. You plan for retirement. The only source of income from the government is taxation and you are the source of taxation, the only source of money from the banks, the savers, and the depositors, which is you."

 

"You can never save your way to wealth. Savers are losers. Savings are degrading. The only way you can ever get rich is investing, either investing your time into your own company or investing your money into assets."

 

"Warren Buffet says, well, everyone doesn't like it when their stock goes down. I love it when my stock goes down 'cause I just buy more."

 

"Most people, when they're doing really well, they just spend it and waste it. But you wanna be planning for the rainy days, the lower days."

 

"To get to your retirement age or number quicker, it's a business. But to retire, it's a property portfolio."

 

 

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter  

https://robmoore.com/podbooks

rob.team

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

CONTACT METHOD

Rob’s official website: https://robmoore.com/ 

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

See omnystudio.com/listener for privacy information.

This Podcast has been brought to you by Disruptive Mediahttps://disruptivemedia.co.uk/

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The Money PodcastBy Rob Moore

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