How one couple saved $1 million in 4 years to retire by age 43

Shortly after making the decision to retire early, the couple sold their 5,000-square-foot lake house in Wisconsin and bought a 1,400-square-foot fixer upper in Colorado. It meant a significantly smaller mortgage. Plus, “those extra 3,500-square-feet added absolutely nothing to my happiness,” Carl adds.

They also note that their location in Colorado is a big part of the reason they’re able to retire in their 40s with a million-dollar portfolio: “If you lived in San Francisco or Manhattan, I don’t think you’d be able to do it, but we live in a very low-cost area in Colorado. … Life is pretty cheap here, and we can get by on about $2,000 a month.”

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