I stopped spending money on things that weren't of value to me."
Side hustles and investing in retirement can boost one's savingsOver the past decade, Grumet has padded his savings through various income streams.
In addition to hospice work, he's also tried side hustles that include medical expert work, nursing home medical directing, medical blogging, and several forms of consulting.
While the extra income has helped boost his savings, Grumet said investing much of this income into the stock market — and seeing strong investment returns — is what's allowed his finances to truly blossom.
Grumet said his retirement goal was to have at least 25 times his total annual spending in savings — he's already met this milestone.
Persons:
—, Jordan Grumet, Grumet, who's, he's
Organizations:
Service, Business, BI, FIRE
Locations:
Illinois