Here's how I retired as a millionaire at 36 to stay home with my kids
Key Points
- Michael Quan lives in San Diego, California, with his wife, who is a school teacher, and two children.
- Their current net worth is more than $US2 million.
- In his spare time, Quan manages a personal finance blog, Financially Alert, and a Fulfillment by Amazon (FBA) business.
- They also earn passive income from real-estate investments.
- Quan tracked his family’s spending during a typical week, in which they spent about $US925 on groceries, meals out, bills, and a church donation.
It’s been six years now since I retired at 36. Early in my career, I started and operated an IT consulting company in San Diego, California. After 10 years of growing the business, my partners and I sold it to a larger company with a nationwide reach. I exited the merged company a year and a half later.
After retiring, I stayed home with my young daughter who was a year old at the time. We welcomed our son just a year later and I fully embraced life as a stay-at-home dad.
BusinessInsider.com.au
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