BaristaFI/RE is also commonly known as “CoastFI/RE”. Both operate the same and are intended to help you “coast” through early ‘retirement’ from your primary career until you land at age 59 1/2 to withdraw from retirement without penalty.

Diversification is key with investments. You’ve heard people say, “don’t keep all your eggs in one basket” before. It’s vitally important that you diversify your retirement & investments to not rely solely on your employer. Employer 401ks are great, however they aren’t like employer pensions which are all but non-existent today.

Some investors call this the ‘gateway’ in real estate investing. According to one of our most favorite real estate resources, Bigger Pockets definition of BRRRR is, “Through the BRRRR method, you'll buy homes quickly, add value through rehab, build cash flow by renting, refinance into a better financial position—and then do the whole thing again”.

Anyone who tells you that RE is a quick return on investment isn’t being honest. Equally, it takes roughly 3-5 years, depending on the type of real estate investment to become an income producer.

What changes do you need to make today to be successful with your retirement funds? Move to a more tax friendly & low cost of living area, reduce & pay off debt, increase your savings rate to at least 50%, & build multiple streams of income.