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28-Year-Old Software Developer Who Retired After Working Just 7 Years Shares His Stock Portfolio and Story–’I Do Not Regret It One Bit’

Updated: 04-11-2024, 06.51 PM

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As living costs soar, many Americans are rushing to save and invest to achieve financial independence or ensure a comfortable retirement. A recent Gallup survey reveals that nearly half (47%) of U.S. non-retirees doubt social security will suffice for their retirement needs.

Investing in the stock market provides a way out. Earning more and investing wisely in the stock market can allow you to retire early and live comfortably.

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Last month, someone asked investors on r/Dividends – a community of over 600,000 members on Reddit – whether anyone has leaped to live off dividends. The post received about 200 comments, with several investors sharing their success stories. One investor’s story stood out and got our attention.

A 28-Year-Old Investor’s Escape Plan

This investor, who said he was 28 years old and retired, started working as a software developer in the IT industry when he was 21. Initially, his income was low and he quickly realized he could not remain in the workplace culture without “sacrificing my happiness.”

So he made an escape plan based on some calculations.

“So I created an excel spreadsheet that automatically imports all share data into it, with my primary focus on the current dividend yield,” he said. Based on the math, the investor estimated he would be able to call it quits in seven years.

“I told my boss at my new job that I started within the first four months, that I will be resigning in 7 years from today and he laughed.”

‘Delayed Gratification Was Totally Worth It’

Day after day, he clocked in the hours and kept investing his savings in the stock market. Fast-forward seven years and lo and behold, he handed in his resignation.

“When I reached age 28, I handed in my resignation. The feeling is unexplainable (every emotion hits you at once), as constantly looking at that spreadsheet for seven years, which literally had the days automatically counting down till I could retire, felt like a prison sentence. The delayed gratification was totally worth it.”

‘I Do Not Regret It One Bit’

The retired 28-year-old investor said when he resigned, he was offered a salary of over $200,000 because people had started delegating their work to him and depending on him.

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