A woman who saved enough money to retire at the age of 26 discusses the three guidelines she followed
Tori Dunlap is a personal finance expert from the United States who has traveled the world offering investment and financial management advice. “Fighting patriarchy by making you rich,” says the TikTok star. She retired at the age of 26 and now shares her opulent lifestyle with others, as well as advice on how to follow in her footsteps.
“I’m financially independent,” she stated in her video, “which means I’ll never have to work a day in my life if I don’t want to.”
“Here are three ways I was able to accomplish this, and how you can too: I began investing as soon as I was able. Now, in my profession as a financial advisor, I always remind individuals that the best day to start investing is today, because you didn’t wait till tomorrow to start.”
“You have time on your hands, so start investing if you haven’t already done so, or raise your contributions if you have.”
“When I was working for a company, the next thing I did was negotiate my salary every time. I didn’t stay in a job where I wasn’t appropriately paid.”
“And finally, last but not least,” she continued, “this magnificent seven-figure business that I own used to be a side hustle.” “I worked a second job in addition to my 9-to-5, so I was able to save all of my extra money.”
According to the Pensions & Lifetime Savings Association (PLSA), you can receive your state pension at the age of 66. In the United Kingdom, the figure is £179.60 per week, or £9,339 per year.
Tori reveals that she will not retire at the age of 26 because she will work. However, if she gives up now, she would only be able to live off her investment by the age of 26.
The TikTok video has gained over 600,000 likes, with many people requesting for further information on how to achieve financial independence. Check it out below!
