How to Retire Before 35, by 6 People Who've Actually Done it

Updated 04/27/17

For many of us, life follows a similar linear path: You finish college, find a job, and work hard until you have enough money to retire, which is around age 62, according to 2015 data. While most people follow this path without question, there are a select few über-motivated people who wonder if there's a way to buck this trend by retiring early and enjoying life, sans a job. 

It might sound too good to be true, but it's possible. Business Insider called on young, self-made millionaires who prove that hard work and a few financial tricks can pay off big time. Want to spend your days living, not working? This is how smart, savvy self-made millionaires made that pipe dream a reality. 

Find a Lucrative Side Hustle

Joe and Ali Olsen managed to retire in their early 30s with $1 million in their savings account. The duo credits their fortune and current lifestyle to the side hustle they developed in 2007. After purchasing their Las Vegas home at a largely discounted rate, the couple began building up their rental property portfolio and multiplied their savings by flipping homes.

Track Every Expense

Kristy and Bryce Shen banked $1 million by age 31 by being steadfast with monitoring their money. "I think tracking is absolutely paramount," says Kristy Shen. "Being able to track it allows you to see: 'Hey, look! I'm going in the wrong direction. It's not going toward my financial goal.' So then you just move back toward the right path, and then you're good to go."

Start Young

Justin McCurry retired at age 33 and now, four years later, he and his wife have a net worth of $1.7 million. The pair says that starting young is crucial to reach millionaire status in your 30s. "Figure out how to invest … as you go along. The planning aspects of it, how much you need to save, your budget, your withdrawal rates, and all that — that's a lot easier to figure out later in the game," he says. The take home? Start today.

Follow these five achievable hacks to curb your spending and maximize your savings. 

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