I had received about $30,000* in proceeds from the sale of the house, but I had no idea what to do with it. So I started googling, “What to do with a windfall of money.” I found some very interesting results, which made me think about it more intentionally. I then thought to myself, “Can I retire early???” After more googling, I found blogs, articles, and books about FIRE, and boom, everything changed for me in that moment.
I knew I could do it, and so I did!
*Editor's note: Though it may seem like a big chunk of money to get at one time, in terms of retirement, $30,000 is actually not a lot. According to Investopedia, in order to retire at 40, someone making $50K a year would need to have $2.25 million in savings and investments. Getting a windfall can certainly help someone reach such a goal, but there's definitely more work that goes into it.