Money Talk - How to Retire by The Age of 40 | Ep 280

19:30

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You don't need to make a million dollars a year to be in the top 1%.Today, Alex (@AlexHormozi) discusses wealth, the tactics you can do in order to retire by the age of 40, and the reason why most people cannot achieve this milestone in their lifetime.

Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

Timestamps:

(1:02) - Many entrepreneurs’ greatest desire is to become part of the top 1% in the wealth bracket

(2:33) - People outliving their means is a common mistake they fail to see in themselves. 

(5:02) - Alex talks about what it looks like to get into the top 1% by showing you the different layers of his “1% pyramid” model

(11:03) - There are two things to consider in order to save thousands of dollars a month: income and time. Bonus: spending less money can also greatly help you

(14:06) -  Alex shows us his simple retirement calculator that you can use

(14:52) - The percentage of your income that you spend is going to be the thing that dictates how quickly you “can make” money, not “how much” you make

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