Early retiree shares the unpopular opinions that made him rich

What you need to know to help you make it.

VIEW IN BROWSER | SUBSCRIBE WED, AUG 24, 2022 Nick Vega covers entertainment and pop culture for CNBC Make It. You can follow him on Twitter at @atNickVega Since retiring in 2016 at 35, Steve Adcock has shared his financial wisdom with CNBC Make It's readers. From investing tips to a breakdown of how he spends his money, Adcock has highlighted the strategies and philosophies that have made him so financially successful.   Most recently, Adcock broke down several unpopular financial opinions that he credits with helping him reach his early retirement goals. Here are four of the millionaire's biggest insights.    Be loyal to your wallet, not your job Company loyalty "will make you poor," Adcock says. Workers could increase their earning potential by switching jobs regularly.    Adcock says he changed jobs five times during his 14-year career and received a 15% to 20% raise each time, helping him keep his salary above the rate of inflation.        Don't fall for the hustle culture narrative While many on social media may tell you that the only way to become successful is to dedicate your every waking moment to making money, this level of commitment is unnecessary, Adcock says.   "No amount of money is worth neglecting your physical and mental health," he says. Adcock prioritizes exercise and sleep so that he can always perform his best.    Inheritance isn't the only way to become a millionaire Though studies show most millennials and baby boomers believe that the majority of millionaires inherited their money, Adcock cites data saying that's not the case. The millionaires Adcock knows built their own wealth, and knowing this gave him "greater financial motivation" to reach his own financial milestones.   You probably shouldn't follow your dreams It's great to have pursuits you are passionate about, but if they're not in lucrative industries, you may be doing yourself a disservice, Adcock says.   While his passion has always been photography, he decided to work in software because it had a higher earning potential. The "drastically different" salaries between those career paths helped Adcock  retire early, which in turn has given him more time to spend with his camera.    You can read all of Steve Adcock's advice here.  Trending articles from CNBC Make It Three of the top 10 happiest travel destinations in the world are in the U.S.—here's what made the list Indian spiritual guru, followed by Will Smith and Tom Brady, has a message for people desperate for a luxury lifestyle Biden announces $10,000 student loan forgiveness plan–here's who qualifies First-time homebuyers can now get up to $200,000 for a down payment in D.C.—see if you qualify for similar programs in your state Letting Social Security dry up would be 'political suicide,' says retirement expert—but young people still shouldn't count on it Unsubscribe Manage Newsletters Digital Products Feedback Terms of Service Privacy Policy © 2021 CNBC LLC. All rights reserved. A property of NBC Universal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS