How To Retire In The Next 12 Months
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- Опубликовано: 2 окт 2024
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You’ve probably heard about the FIRE movement: Financial Independence Retire Early.
It’s a community of people who live super frugally in order to save up for retirement and retire early (usually within 10 years).
Here’s my problem with FIRE... Why put off doing what you REALLY want to do for 10 years from now when you can do what you love today?
In this video I share a plan to “retire” not in 10 years but in 12 months :)
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I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@Christina-Gisela That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@Christina-Gisela I will give this a look, thanks a bunch for sharing.
The most underrated channel on RUclips
Agreed!
Shhhh....I want to keep it to myself 😄
It will grow to millions just wait ;)
Totally
100% agree
No hyperbole: This is one of the best videos I've ever watched on RUclips. Maybe it's partly because Noah and I feel the same way about lots of things, but man, this is some rock-solid advice. Thanks, Noah!
The reason we are all there is that the current financial system is outdated
As the value goes up , head start to swivel and skeptics begin to soften .. Starting a new currency is easy , anyone can do it ..The trick is getting people to accept it because it is their use that give the "money" value
This was an awesome video, full of good advice and it really got me thinking about my future! Also, I copy/pasted your financial sheet from the end and set up a recurring calendar event every month to fill it out!
Being retired for me means being able to say no to things. You are still working but only thinks you want to do. There is no big financial pressure.
Nothing scares more than watching your videos… but I force myself to watch them because I know you’re so right
Hey Noah What Backgorund music do you use for your videos ❓
Noah: "I've kept my cost of living low"
Also Noah: "This is how I spend a million dollars a year!"
Hi Noah, my retirement dream is not to worry about money, have location freedom (not to be locked in one place), and have time freedom. Once I achieve that, then I can spend the rest of my life trying and experimenting with stuff I like to do and help others, whether as hoppy or as a business.
Sammme
I've enjoyed the book "Happy Money" that might be of interest.
Reawaken sounds much better 😀 Early retirement is a goal of so many for a reason. Loved these stories, we can all learn so much from them! 😉
The real reason retirement came on the scene is when you get older, you simply cannot do as much as when you are younger... the younger generations sort of eat you alive. If you have kids or elderly parents to take care of, this will also add to your load making it difficult to start/run a business as you could in your 20's & 30's. So, you really don't want to waste your 20's partying and all that stuff. Save that for later when you can afford it lol
Thank you so much it helped ask some important questions to Myself!😉
Life begins at 40 goals 🥰 #makeithappen
The design of the "great life" starts now. Have an awesome weekend homie !!
My dream - I can go anywhere in the world, any time, and be able to write my next multimillion dollar screenplay. I am surrounded by people I love, and I can provide for them when life gets scary. I want to found a strong family that upholds virtue and the ability to relieve pain in others. I want to be surrounded by people I love, that have never lost their zest for life.
Re-Awakened is exactly what I am striving for!!
Amazing inspiring content Noah! and yeah, learning how to surf is something everyone should try! It's life changing...
Good advice. Just start generating income.
I don’t want to retire… I want to retire from making other people rich.
Mini-Retirements of 3-4 months every few years where I learn new skills (ex: Italy 2023 to learn how to make wine and pasta from Italian grandma's)
We are finally financially stable and just moved to Mexico to live our dream every day. We live on the beach!! Love your channel and all the inspiration!!
Im 16 💥
Is there anything I can do being in my collage
Noah, you should be the next president of ...... Colombia!! if you don't mind, or just do the great stuff you do> you have my vote... like it matters. Good content.
Be right there!
Never broke the word retirement down into its parts before. Another great video and inspiration for my journey. Thank you
I want to keep working on my dreams until I die. God will retire me when it’s time 😊
Liked already because I know how bomb the video is going to be :)
100%
The four hour work week philosophy. Just be careful! Keep working on “vacation”
Been passionately pursuing time and mobility since reading the 4HWW more than a decade ago. Money comes and grows, but practicing the art of leaving town on a whim without anyone’s permission is priceless. Great video! Thank you!
Grows or goes?
Do you consider yourself wealthy?
First😆 hey Noah love the videos
Miami is where I want to live, vs 1/2 hr north of Nashville where I have been my entire life!
I don’t know what to do is my problem. I have an 850 credit score and a few 100k but don’t know what to do. I’ve been building houses and can’t even find lots to build on now.
Rewatching this video for inspiration 👍👍👍
Knowledge Bomb... Booom! People like me wait and wait. So, many lost opportunities. It's hard to stomach. I will never give up. I just have to figure out how to live the life I want now! Not later when I have the "funds". So much great advice. Thanks Noah!
My god, you re so wise 👏🏼 Can I be one of your 52 dates? But you have to fly to The Netherlands… 😂
Checking in 10 months in.
Anyone retired after watching this video?
If you have millions left over when you die that means you can give your descendants the gift of freedom.
Look at companies such as Snapchat, tinder, bumble etc.. - the founders had financial freedom from their multi million dollar trust funds so they could pursue startup ideas full-time without worrying about paying the bills.
My idea of Retirement: To already have the money reserve to technically be able to live for the rest of my life joyfully and comfortably without having to make another dime. Freeing me up to still do the things that I love which some will still make me more money and some wont. Just being able to do what I love and feel like without the constraints to have to make money for living/bill purposes! 💙🤲🏾😁
I just want enough money to afford quality dental care
G'mar Hatima tova Noah ! You're the best ! and Shabbat shalom ☺️🙏
Very useful. Thank you.
What this means is a million dollars in your bank account by tomorrow morning.
that's call fuck you money in other circles.
With the hat on you look like a younger version of valentino rossi
I am on my first year working towards becoming financially independent. The best trick I found to reducing expenses is to find cheaper replacements for the same things you enjoyed before. For example instead of going out to eat or buying pre-made food, we found it to be so much cheaper to cook everything from scratch and to make multiple portions for later. I have not only cut down the cost of groceries but I also am eating better and have more energy doing so!
Great video, Noah.
I left a software job with a good salary in SF to move back to TX and be with family. Definitely more fulfilling. I was able to start a family of my own and while I don't make as much money as I probably could, I get to spend a ton of time with my kids and wife, which is invaluable to me.
Exactly what I needed to hear! Thanks!
Love your videos Noah! Gain so much insight from every video I watch of yours. I really appreciate you 😄❤️
Ya
wow you speaks so fast without mistakes...
Noah is the coolest entrepreneur I follow.
I totally agree. I never thought about retirement, nor I want to stop from living and doing "nothing".
I associate retirement = death.
What even means for you guys who dream to retire, get paid and "do nothing"??
I'm super curious.
Some people truly live exhausting lives. So some want to rest. Others just want all their own time for themselves.
I don't think people want to do 'nothing'. We all like a bit of action and expressing ourselves doing things👍
You really have great content!
Nobody in the Bible retired
Js
Solid content every time!
Ahh, the old chicken and the egg predicament...what do I want to....it's impossible to really know what you want until you have it! The cure is to talk to people who do what you think you want to do about how they got there because it's the early days that are the toughest when you're 'cleaning dishes and shoveling shit' or the equivalent. I'm a professional actor and you have to shovel a lot of shit to get to the pro level....especially if you are not naturally gifted (me) but ultimately you can do anything you want if you put in the shit shoveling but also be prepared to find out that even at the top it can feel like you are shoveling shit...it's just that the shit is flecked with gold...moral of the story, just commit and go for it because you'll never know until you get there and indecision is a worse prison than a dead end job.
This guy’s stuff is sooo good
2:20 actually EY job haha
Great video! Retiring should not be sitting on the couch with nothing to do. Retirement should be about doing the things you're passionate about. I want to start this as soon as possible
Matthew 6:19-34
My plan for the next 2 years: Get 3 monthly retainer freelance clients and ride my bike across the world.
I just "discovered" you noah. Subscribed. I wish i could sit down and buy you lunch. (Live in Copperas Cove) Launching my own business, i KNOW it will be a success, so many kinks i gotta figure out but the biggest fear of all is I'm the sole provider dad and i HAVE to succeed. (currently navigating appsumo)
FREE Guide To Choosing The Best Expat Location... : www.decidewheretoexpat.com/mailing-list/
Your content is well worth the time, not an infomercial. I subscribed and signed up for your news letter. What are your thoughts on IKIGAI? Thanks
Noah's videos are the only videos on YT I end up watching multiple times, some many times! With the planning, writing and editing I bet he puts in days just to put out 15-minutes.
With 15k you can have 20-50 dollars allocation and we can make More as x20 or x30, and Don t forget this month for exemple is 10 ido and a very big ido when you make in every ido 500 dollars in ein month you refund your investissement
When no one is looking I build business plans...I just spent the last week doing that, almost done. I just need to do a bit more reasearch.
But I guess what I like doing is putting pieces on a field and moving them around to make the pieces work efficently with eachother and any other pieces they may encounter. Connecting with other people who do the same thing and planning out ways for nodes of pieces to mesh.
I don't know what I would call that. But it's fun. Finding problems to solve, and finding problems in solutions to solve.
Oof. Just calling me at as someone who 'Watches people who make it happen'. haha Thanks for the kick in the butt Noah. Time to start DOING!
Actually, debt is a good motivation to break free, if you don't have debt, you just have a comfortable life that you don't want to change.
I have listened to, and followed Noah's advice without knowing it. Geezzz. Is that a good thing or not? Keep up the good work Noah. Your BEAST!
thanks Noah!!
how do you deal with having to explain to people that you live with your parents/aunt/friend's couch etc? DO people take you less seriously when you do business like this
You speak very fast, it is exhausting listening
I retired once. It didn't suit me. What do I do in my spare time, Noah? I watch your videos:D
I love your content and I'm gonna go on a spree of watching all your videos and implement it in my life. I'm from DBN South Africa
Nice
I think this is a lot easier for you to say as somebody who (I believe) isn’t in a relationship, let alone married, and is nowhere near having a kid, or several kids. The game changes, man. Changes hard.
He does have children.
Nobody forces you to have kids or be in a relationship ... no more drama bs more time money and you enjoy your hobbies ...
Being retired looks like having enough money to live on for the rest of my life, then just work on whatever I want with no personal pressure.
The funny thing about your channel: If I just look at the topics, titles, thumbnails of your videos, a lot looks like the same BS so many financial freedom hustlers are trying to sell. When I actually watch your videos, you are way more realistic and down to earth. You are super likable and I appreciate your no-nonsense mindset. I don’t know if it helps or harms your channel that your videos so often look like all the clickbait content here on YT and elsewhere. 🤔 Just a thought.
Love your videos, Noah. You're so bright and friendly.
This might be the best video I have ever watched on RUclips. You are the best
Great stuff! I really enjoy your videos.
@8:30
Awesome video. I want to live a life where I'm free to travel as I please, and do things that I feel really make a difference like making cities healthier and more efficient like with urban design and infrastructure. I'd also like to help people live healthier lives like a nutrition or fitness coach. Still trying to figure out the best way to get started in either of those industries while still being able to make an income.
Also, I started looking at my bank account every day...and feel more depressed every time I see it. 🙃😓
Said it before; I love you man. Question: do you do one-on-one coaching?! I need like ten minutes to just get some golden advice from you. I’ll pay your rate. Thanks and keep doing you. 🤙💪
@Noah° Kagan° thank you! Moving tomorrow. I’ll call you on Monday if that’s ok. You rock!
Tired of nerds in sam Francisco asking how they are changing the world Lollll
Ya
Noah - you gotta do a few videos where you take into consideration people who already have kids. IMO if a person has any sort of skills and motivation, they have a lot of flexibility and can basically do whatever they want in life...before having children (one problem could be too many choices actually).
I was wondering that myself as a parent
Hi Noah, I've been binge watching your videos. Hubby and I are semi retired and want to start mission work/evangelizing more. We need some help with our business so we can step out of the day to day to live our purpose.
#coffeezilla alert 🚨
Basically "don't do anything, ramain at your work propping someone else's dream/nightmare".
Great advise thanks for video
Very good video my man, thank you.
As always, I learn so much from your insights. I will be taking another step closer tomorrow towards my goal of independent wealth. You are correct about independent wealth. To live that way isn't as expensive as you think, and it is attainable. I have one year of steps completed towards that goal, and hopefully will attain my goal of independent wealth by the end of next year. You never stop inspiring me and are a treasure trove of ideas and guidance. Thanks Noah.
Great tips Noah!
hundreds of years....
Another banger!!
Netflix is on the case
You are a ledge Noah.....
OK, now I've realised I have already retired, I'm just missing a monthly pension - which kinda sucks. I have a lot of freedom to do stuff, but I'm missing the income. I am watching a lot of folks how do they did it, trying to crack the code, but at the end I'm just staying there not understanding the real deal behind. Perheps our realities are not intersecting, and I live in a whole different world, with different definitions.
Loved this video Noah! Thanks for that book recommendation, exactly the kind of book I was looking for!
Would love to have a deeper dive into this topic of retirement by doing what you love in the present 🙂
Tacos :)))
i am always reading and learning about spirituality and meditation and that kind of esoteric stuff. that and making money sounds like opposite ends of spectrum