How to hit FIRE in your 40s living in an HCOL city with Caroline

By Jonathan Verhaeghe

In today's episode, we will speak to Caroline from Costa Rica FIRE.We have already had a few guests talking about how they intend to reach FIRE (Financial Independent Retire Early), and this mostly happened through living intentionally and investing in the stock markets via index funds (whether directly or through tax-advantaged retirement accounts). This time, however, Caroline will tell us how she reached FIRE under "exceptional circumstances": She stumbled upon the FIRE movement in her 40s, she and her husband Scott have 2 daughters, their strategy was to focus on Real Estate and they did all of this while living in New York, a high cost of living area! We will discuss Caroline's journey and she will share how she and her husband managed to change their lifestyle completely and reached FIRE. And we will also discuss how they managed to buy property after property both in the US and abroad (Costa Rica!).This episode is for you if you have been pondering about reaching FIRE but think you're too late or that it is not possible since you live in a high cost of living area. It is also for you if you are looking at investing in real estate and purchasing multiple rental properties locally and abroad.Disfruta amigos! Jonathan Show notes : https://joneytalks.com/2020/01/24/costaricafire/

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