Woman shares how she saved $2 million dollars to meet early retirement goal of age 30

The average retirement age in the United States is 61, and that figure may be steadily increasing.

Some people have dreams of retiring significantly earlier than that, but is age 30 too young? While it’s not common, it’s not inconceivable. There are lucrative business opportunities that can help individuals meet their retirement goals and even exceed them in a short time period. Some start Etsy businesses while others get into stock trading. One woman has shared another way.

In a video, Emma, a working professional from Australia who lives in New York City, shared how she was able to meet her retirement goals in an impromptu street interview. Emma, who is an exercise physiologist, said she wants to retire at the age of 30.

When asked how much she wants to have saved up by the time of retirement she answered $2 million.

A follow-up question inquired about her plan to save $2 million by her set retirement age, and Emma revealed that she had already met her goal.

READ MORE: Couple retire early with $4.3million but not enjoying it due to ‘unhealthy’ FIRE lifestyle

She said: “To be fair, I’m already there.” Her interviewer probed wanting to know exactly how she managed to already reach this goal.

Emma revealed that it was through “residential assets.” She said: “I bought two houses.” She continued: “We rent one, we live in one.”

Previously, another money-savvy woman revealed how she saved $500,000 by the age of 43 for her early retirement.

Speaking to the Daily Express US, a Californian, Linda Chavez, who is a finance expert, shared how she did it.

“By taking a few simple steps such as reducing unnecessary expenses and investing wisely, I was able to accumulate a sizable retirement fund,” she said.

“In total, I had around $500,000 saved up when I retired at the age of 43. This allowed me to live comfortably while still leaving room to pursue new interests and explore different possibilities.”