Episode #645

Baselane: Automate your real estate finances with banking and AI-powered bookkeeping. Claim your $100 bonus!

https://www.baselane.com/lp/bigger-pockets/?utm_source=bigger_pockets&utm_campaign=bigger_pockets&utm_medium=YT-Money

Episode Show Notes: https://lnk.to/biggerpocketsmoneyYT

Join BiggerPockets for FREE 👇https://www.biggerpockets.com/signup?utm_source=owned_media

Get to FIRE Faster with “Set for Life”: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media

Sign Up for the BiggerPockets Money Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none

Property Manager Finder: https://biggerpockets.com/findapm

9 Things You Can Do To Be Financially Free By 40: https://www.biggerpockets.com/blog/become-financially-free-early?utm_source=youtube&utm_medium=description&utm_campaign=none

Connect with Amberly and Mindy:

Amberly: https://www.biggerpockets.com/users/amberlygrant?utm_source=youtube&utm_medium=description&utm_campaign=none

Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none


If you invest consistently, reaching FIRE (financial independence, retire early) by your mid-40s is absolutely possible. These two financial-freedom-chasing twins are proof of it! Only in their 20s, both Andy and Oliver from Twin Finances have six-figure net worths, rental properties, and fully-loaded stock accounts! Conveniently, right after getting their first jobs, they found out about the FIRE movement, and have been quickly approaching their FIRE numbers ever since!

Andy and Oliver have made substantial financial progress in just six years by doing what’s simple—a “set it and forget it” investing strategy that means less stress and faster FIRE. With $2M FIRE goals each, they’ve got a big gap to fill, but starting in their 20s gives them a huge leg up. In this episode, they break down their net worths, assets, and how they balance stocks and real estate to stay on track for FIRE by 45!

Are you new to the FIRE movement? Check out Andy and Oliver’s beginner channel for personal finance, Twin Finances, and subscribe to BiggerPockets Money!

00:00 Intro
01:11 Finding FIRE Early!
03:26 The Flexible FIRE Number
06:37 Set It, Forget It, FIRE!
10:44 Current Net Worth(s)
14:42 Current Jobs and Buying Rentals
22:16 FI Over RE!
23:48 Beginner Steps to FIRE
27:52 Best FIRE Advice
30:23 Connect with Twin Finances!
32:26 Outro