If you enjoyed this video, you might like my weekly newsletter, where I share actionable productivity tips, practical life advice, and high-quality insights from across the web, check it out here: go.aliabdaal.com/subscribe-sundaysnippets
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement.
You got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell them later when they go up. Just do your homework and be aware of the risks before diving in!
@@TerrencesSheldons Inflation is gradually going to become part of us and due to that fact, any money you keep in cash or a low-interest account declines in value each year. Investing is the only way to make your money grow. Unless you have an exceptionally high income, investing is the only way most people will have enough money to retire.
@@JacobReynolds-t7v I'm interested in investing through an analyst. It sounds like the most sensible thing to do in the market. Could you please give me a pointer about who you work with?
@@FarukStingl MARGARET MOLLI ALVEY is a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and is a valuable resource for individuals seeking guidance in navigating the financial market.
@@JacobReynolds-t7v Thank you so much for your helpful tip! I was able to verify the person. She seems very proficient and I'm grateful for your guidance.
Retirement doesn't mean to retire yourself from doing any sort of work, that just can't happen. We're humans, we need to keep doing something. It's just the idea that you don't work for money anymore
The point you brought up about when the concept of retiring at 65 was manufactured. Its deeply ingrained in the minds of the average person to the point most can't fathom being free from a 9-5 job before then.
Wow, this is so amazing Ali, because I just realized I did this already 15 years ago, Perpetual Retirement that is, because I love what I do so much including the life I have (freelancing - editing, proof reading, transcribing, with family, kids and all the quirkiness of it, challenges, ups, downs, highs and lows) that I'd still do it no matter what the price! Thanks for the content. ;D
From @9:33 to about 10:40 is the golden nugget that everyone in their 20's should hear, implement and sustain. You'll be sorted way before 'retiring age'.
On finding work that you enjoy, I would highly recommend Cal Newport’s So good they can’t ignore you. The basic idea is don’t do what you love but instead build rare and valuable skills such that you can gain more freedom and autonomy in your job. I think it would resonate with you and your viewers!
Wonderfully explained Ali. My goal is Fat F.I.R.E + continuing to do work I love (making YT videos). I don't think I'd ever fully retire and sit on the beach all day. For anyone reading this and wanting to retire early, I promise it is very much possible. You just have to start making the right changes to your life. Starting now. Good luck! 💪
That’s basically what I want too, but People say that until they’re old and can’t do much either physically or mentally. My parents just retired in their 60s & are focused on their surgeries & medical issues 😢
These concepts work perfectly with people that have had access to education and don't struggle in every day basis. I did it, my husband did it. But I have friends who haven't reached that point, not for lack of trying but because their environment makes it very very difficult. Keep in mind that if your judging others or yourself.
Great advice given in reaching the financial freedom goals. Ali is actually one of the reasons I finally started my RUclips channel to start my journey towards it. Thanks for all the great content you provide and see you at the top king!!
We need to study financial education like we do for formal education. funny enough financial education pays well. Question we keep asking is why aren't we thought this formally.
Hiiii! I love your videos ❤ Could you please make one for lower class folks? I make around 20k/ year, early retirement seems like an impossible dream right now… tips are more than welcome (both literally and metaphorically).
Keep up the good work! Thanks. I’ve always tried to focus on experience and travel over stuff! Do stuff you enjoy now! And find a way to help others….that’s happiness. The money will come, especially if you make time each week to educate yourself about money. FIRE.
It's true that happy are those whose ambition make their profession .To make your ambitions as profession you should not always work on your ambitions, sometimes you should have to follow alternative ways of making it possible. Like in Ali's case medicine give him the chance of making his ambitions as his profession and now he has left the medicine.
Bro, i know hyper productivity now, which i follow and excel, but there is one thing i need to learn, : how to take meaningful breaks in life which leads to sustainable life. Thumbs up if you agree
I’m 50 and my husband 54 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle in the stock market made it possible for us this early even till now we earn weekly. Thanks to FIRE movement.
*I WANT EVERYONE TO KNOW THIS* Once you’ve set your goals, striving for success is vital. There may be setbacks along the way, Don’t wish it were easier. Wish you were better, Always bear in mind that your own resolution to success is more important than any other one thing. I LOVE YOU. ❤️
I'm currently pursuing a balance between fat and lean FIRE with the guidance of financial advisor David Marvin Willis. By diligently budgeting and keeping living costs in check, I save a substantial portion of my income. However, I prioritize enjoying life, dining out, going on holidays, and savoring good food at home. With the goal to grow my income in the next 5-10 years (I'm 34), maintaining a savings rate of 30-40%, I aim to potentially reduce working hours around the 45-50 age range. This journey, spanning the next 10-15 years, won't entail a bare minimum lifestyle.
investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good??>>>>>>>
Considering that I am only three years away from retirement, it becomes challenging for me to solely concentrate on the long-term perspective. Despite having invested in reputable companies and having a significant amount of funds allocated, my profits have been stagnant. This situation raises the question: Does the current recession and unstable market offer any calculated risk opportunities for generating profits?
I understand your concerns, my friend. I recommend exploring passive index fund investing and expanding your knowledge in this area. Personally, I experienced both successes and challenges when initially seeking a reliable passive income......,>>>>>
I love the photo of your dad in the thumbnail! I know this is random, but you should interview him and do a video getting wisdom from him. If we as a younger generation get wisdom at our age...we'll be like rockstars!
Thank you Ali, Angus, Elizabeth, Christian, Becky, Amber, Dan, Gordon, Jamie, Joe, Tommy, Tintin, Yana and Sam plus other employees, freelancers and/or interns behind the scenes! Raza :)
I noticed the way you have changed your filming to make it look more 1 on 1 and casual. I just finished your MKBHD podcast and I guess that is where you got your idea. Nice :)
Your videos has motivated me to become an entreprenuar! I’m currently only 16 years old but your videos has helped me make plans for my adult life. 🔥🔥🔥 Your book review of The millionaire fastlane by Mj Demarco made me read those books and learn so much about business! Keep up the great work Ali! Your videos are the best!
I retired at 38. I mostly achieved this by following Robert Kyosaki's Cash flow Quadrant and choosing to work overseas where all my expenses were covered by the business. "Its not about what you earn ..... its about what you spend".
I am attempting somewhere between fat and lean fire at the moment. I am saving a large volume of my income through budgetting and attempting to keep my living costs down. But I am not foregoing all nice things to live a barren lifestyle. I eat out, I go on holidays, I eat nice food at home. If I am able to grow my income over the next 5-10years (I am 34) and able to continue saving approximately 30-40% of my net income, then I will be able to reduce my working hours around the 45-50 mark. But that next 10-15 years wont be bare minimum.
(FIRE - fat (4%) + lean (reduce life-style inflation) = Do what you love) Cash flow -> Assets (property + stocks) Active + Passive Income What does an ideal day of your life look like and what do you need to earn? What do you enjoy and dislike about your work?
I've been seeing this videos regarding Financial freedom similar to yours. Everyone of them has similar concepts either by follow the fire movement or do the things that you love. For most, especially here in youtube, it will be the latter. Earning money by creating contents. However, not everyone are as confident, narcistic or exhibitionist as everybody here in youtube.
I’ve had majority of my holdings in tech stocks and I've had 25% increase in my portfolio, especially with Apple’s P/E (price to earnings ratio) but with much uncertainty now, my question is what stocks can be the next APPL in terms of growth for the next decade?
Thank you for this highly inspiring video. You always bring me into this self reflection mode after I've finished watching one of your videos. 😊 So..one thought: do you have any input on how to support oneself to "find"/ realize one's own ideas? I seem to struggle with brainstorming. Otherwise I would say I'm a quite creative person but I seem to be stuck with coming up with ideas on that. I'm a licensed pharmacist and would like to get out of working at a retail pharmacy since I find it physically really draining. I would like to aim for some kind of remote work (not available in my country as a pharmacist). I'm an animal lover and like to promote a plant based lifestyle. Also love to travel and would be interested in getting more into tech skills and living abroad for certain amount of time. But no clue how to bring that all together. 🤔 Any hints on where to go from here are highly appreciated.💡
When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss LIBERTONCORP
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
If you enjoyed this video, you might like my weekly newsletter, where I share actionable productivity tips, practical life advice, and high-quality insights from across the web, check it out here: go.aliabdaal.com/subscribe-sundaysnippets
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement.
You got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell them later when they go up. Just do your homework and be aware of the risks before diving in!
@@TerrencesSheldons Inflation is gradually going to become part of us and due to that fact, any money you keep in cash or a low-interest account declines in value each year. Investing is the only way to make your money grow. Unless you have an exceptionally high income, investing is the only way most people will have enough money to retire.
@@JacobReynolds-t7v I'm interested in investing through an analyst. It sounds like the most sensible thing to do in the market. Could you please give me a pointer about who you work with?
@@FarukStingl MARGARET MOLLI ALVEY is a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and is a valuable resource for individuals seeking guidance in navigating the financial market.
@@JacobReynolds-t7v Thank you so much for your helpful tip! I was able to verify the person. She seems very proficient and I'm grateful for your guidance.
I don't want money to retire, I want money to do what I want and work on what makes me happy
that sounds like retirment
@@DevinSmith1486 lmaoo
Read The Millionaire Fastlane. Recommended by Ali and others, guaranteed to kick your butt from that self-entitled seat of yours.
@@iirokangas3434 I really don't think that's entitled to say, it's literally just saying "I want to be happy in life"
Retirement doesn't mean to retire yourself from doing any sort of work, that just can't happen. We're humans, we need to keep doing something. It's just the idea that you don't work for money anymore
I am not even 18 and already watching videos on how to retire early 😭
me too xD brother, wish you success
Good for you! Some people start to learn about financial stuff when they are 60...
we won’t regret it once we retire before 40😤😤😤
Which is exactly why you are more likely to. So many people never discover this gold content until it's too late.
yes me too! haven't even started working and we already want to retire😭😭😭
The point you brought up about when the concept of retiring at 65 was manufactured. Its deeply ingrained in the minds of the average person to the point most can't fathom being free from a 9-5 job before then.
So true.
@heda kom 😂 alright
@@hedakom6980 privileged in what way ?
@@AkashLovesFights shes kinda right tho
@@marvin2678 super wealthy
Wow, this is so amazing Ali, because I just realized I did this already 15 years ago, Perpetual Retirement that is, because I love what I do so much including the life I have (freelancing - editing, proof reading, transcribing, with family, kids and all the quirkiness of it, challenges, ups, downs, highs and lows) that I'd still do it no matter what the price! Thanks for the content. ;D
From @9:33 to about 10:40 is the golden nugget that everyone in their 20's should hear, implement and sustain. You'll be sorted way before 'retiring age'.
100% Agreed 👍 Once you change that mindset it all becomes depressingly clear 😅 START NOW!
Spot on, those were our takes too.
On finding work that you enjoy, I would highly recommend Cal Newport’s So good they can’t ignore you. The basic idea is don’t do what you love but instead build rare and valuable skills such that you can gain more freedom and autonomy in your job. I think it would resonate with you and your viewers!
I was enjoying his uber-popular Deep Work book; I should check that out! Thanks!
Love these type of videos. Good luck to everyone on their FIRE journey
Wonderfully explained Ali. My goal is Fat F.I.R.E + continuing to do work I love (making YT videos). I don't think I'd ever fully retire and sit on the beach all day. For anyone reading this and wanting to retire early, I promise it is very much possible. You just have to start making the right changes to your life. Starting now. Good luck! 💪
Lmao... Sounds so inappropriate dude^^^
Thank you Bryan for sharing
That’s basically what I want too, but People say that until they’re old and can’t do much either physically or mentally. My parents just retired in their 60s & are focused on their surgeries & medical issues 😢
@@HomeWorkouts_LS that's true. Life passes you by very quickly. Take action today, not tomorrow.
These concepts work perfectly with people that have had access to education and don't struggle in every day basis. I did it, my husband did it. But I have friends who haven't reached that point, not for lack of trying but because their environment makes it very very difficult. Keep in mind that if your judging others or yourself.
❤️
Thankyou!
I love your videos so cool - they are upbeat and positive
Every time you’re switching to the next subject I feel like I’m in an Apple keynote…GENIUS!
Not gonna lie, whatever camera and lens combo you got going on works ; We’ll played 👌🏾. Beautiful quality.
Amazing video, coincidentally i am reading now 4 hour work week. Keep up the great stuff.
Great summary with practical calls to action!
Thanks!
Man Ali, incredible content, I admire your possibility to reflect and describe things and knowledge in such a creative yet easy way!!
Thank you!🎉
Sound advice! Love this Ali!
Why do I need seeing you lol
Keep your head down, work hard and financial freedom will follow!
Your videos are amazing! You really deserve to have almost 5MM subscribers and I am sure that it is going to keep growing even more!
Great advice given in reaching the financial freedom goals. Ali is actually one of the reasons I finally started my RUclips channel to start my journey towards it. Thanks for all the great content you provide and see you at the top king!!
We need to study financial education like we do for formal education. funny enough financial education pays well. Question we keep asking is why aren't we thought this formally.
Every kid in high school should watch and study this video
Hiiii! I love your videos ❤
Could you please make one for lower class folks? I make around 20k/ year, early retirement seems like an impossible dream right now… tips are more than welcome (both literally and metaphorically).
This is brilliant, Ali! Incredible thumbnail of that retired Ali 😊
Keep up the good work! Thanks. I’ve always tried to focus on experience and travel over stuff! Do stuff you enjoy now! And find a way to help others….that’s happiness. The money will come, especially if you make time each week to educate yourself about money. FIRE.
We are making it happening... slowly, but we are doing it!!!!
Part-time work is the way to go (partial retirement).
You're right 🌹🤗
It is always the best way
@@on9francisyu yeah
Your videos provide great valueable information. Thanks ❤
Video packed with valuable information, will come back to this again and again!
It's true that happy are those whose ambition make their profession .To make your ambitions as profession you should not always work on your ambitions, sometimes you should have to follow alternative ways of making it possible. Like in Ali's case medicine give him the chance of making his ambitions as his profession and now he has left the medicine.
The FIRE movement is fascinating! Thank you for sharing
Bro, i know hyper productivity now, which i follow and excel, but there is one thing i need to learn, : how to take meaningful breaks in life which leads to sustainable life.
Thumbs up if you agree
wise thoughts. nice.11.53 when you were talking about lifestyle inflation it's so true. you did it.
I’m 50 and my husband 54 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle in the stock market made it possible for us this early even till now we earn weekly. Thanks to FIRE movement.
Great job with your husband! I bet you’re living your best life right now.
I’m a young dad, I’m really glad to hear your story it inspires me. What’s FIRE movement please.?
Despite watching videos on youtube to guide me through the FIRE process, I was not able to achieve so much
@Dr. Raymond index funds, probably, that's what all successful financial gurus advice (even Warren Buffet )
how old were you went you started investing?
This is valuable
Literally this means alot to me!
The 4% rule i never thought about it that way!
3% rule is better in my opinion
*I WANT EVERYONE TO KNOW THIS*
Once you’ve set your goals, striving for success is vital. There may be setbacks along the way, Don’t wish it were easier. Wish you were better, Always bear in mind that your own resolution to success is more important than any other one thing.
I LOVE YOU. ❤️
This. Is. So. Slimy.
You just want subs
This video is really loaded with deep knowledge on Financial stability ❤️
you dont watch the whole video yet.
I'm currently pursuing a balance between fat and lean FIRE with the guidance of financial advisor David Marvin Willis. By diligently budgeting and keeping living costs in check, I save a substantial portion of my income. However, I prioritize enjoying life, dining out, going on holidays, and savoring good food at home. With the goal to grow my income in the next 5-10 years (I'm 34), maintaining a savings rate of 30-40%, I aim to potentially reduce working hours around the 45-50 age range. This journey, spanning the next 10-15 years, won't entail a bare minimum lifestyle.
Thank you so much for always uploading valuable contents
investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good??>>>>>>>
Considering that I am only three years away from retirement, it becomes challenging for me to solely concentrate on the long-term perspective. Despite having invested in reputable companies and having a significant amount of funds allocated, my profits have been stagnant. This situation raises the question: Does the current recession and unstable market offer any calculated risk opportunities for generating profits?
I understand your concerns, my friend. I recommend exploring passive index fund investing and expanding your knowledge in this area. Personally, I experienced both successes and challenges when initially seeking a reliable passive income......,>>>>>
how do I get in touch with this consultant that assist??>>>>
STEPHANIE KOPP MEEKS, that's whom i work with look her
Thanks for these recommendations.....,,,
Great video summing up lots of great points.
I’m just happy you are smiling in your old age
I love the photo of your dad in the thumbnail! I know this is random, but you should interview him and do a video getting wisdom from him. If we as a younger generation get wisdom at our age...we'll be like rockstars!
the best video about financial freedom, wish you more and more happiness
Very well explained this stuff,
Thank you Ali, Angus, Elizabeth, Christian, Becky, Amber, Dan, Gordon, Jamie, Joe, Tommy, Tintin, Yana and Sam plus other employees, freelancers and/or interns behind the scenes! Raza :)
I noticed the way you have changed your filming to make it look more 1 on 1 and casual. I just finished your MKBHD podcast and I guess that is where you got your idea. Nice :)
Your videos has motivated me to become an entreprenuar! I’m currently only 16 years old but your videos has helped me make plans for my adult life. 🔥🔥🔥 Your book review of The millionaire fastlane by Mj Demarco made me read those books and learn so much about business! Keep up the great work Ali! Your videos are the best!
Great overview! Thanks
I retired at 38. I mostly achieved this by following Robert Kyosaki's Cash flow Quadrant and choosing to work overseas where all my expenses were covered by the business. "Its not about what you earn ..... its about what you spend".
and now you watch youtube videos on how to retire early…
How much you keep!
These are great ideas....never thought that there are some types of retirement
ali been working out! looking good big guy
This is the most valuable video I have ever watched on your channel! Well explained.
Idea of retiring early is always related to one’s financial freedom
In the Arts, you can afford to have mini-retirements unless the system is designed to make you work around the clock.
Great video! Always appreciate your content!
Love your uploads
Respect to you Ali! These are great words to retire early. I appreciate your guidelines.
I am attempting somewhere between fat and lean fire at the moment. I am saving a large volume of my income through budgetting and attempting to keep my living costs down. But I am not foregoing all nice things to live a barren lifestyle. I eat out, I go on holidays, I eat nice food at home. If I am able to grow my income over the next 5-10years (I am 34) and able to continue saving approximately 30-40% of my net income, then I will be able to reduce my working hours around the 45-50 mark. But that next 10-15 years wont be bare minimum.
Wonderful and well explained tips
Thank you ali abdaal .
Loving this !
Quality videos! Certainly do enjoy them!
(FIRE - fat (4%) + lean (reduce life-style inflation) = Do what you love)
Cash flow -> Assets (property + stocks)
Active + Passive Income
What does an ideal day of your life look like and what do you need to earn?
What do you enjoy and dislike about your work?
I've been seeing this videos regarding Financial freedom similar to yours. Everyone of them has similar concepts either by follow the fire movement or do the things that you love. For most, especially here in youtube, it will be the latter. Earning money by creating contents. However, not everyone are as confident, narcistic or exhibitionist as everybody here in youtube.
Thank you for this video!🥰
Love your Videos Ali! Thank you so much!
Great video! Keep it up
another excellent video Ali!! thank you very much
You already can say enjoying doctor retirement lives by enjoying new job without obligation of 9 to 5 work
I’ve had majority of my holdings in tech stocks and I've had 25% increase in my portfolio, especially with Apple’s P/E (price to earnings ratio) but with much uncertainty now, my question is what stocks can be the next APPL in terms of growth for the next decade?
Great content as always!
always always great contents from them
Great video. ❤
Love you! ❤
Thank you, it was informative.
Thank you for this highly inspiring video. You always bring me into this self reflection mode after I've finished watching one of your videos. 😊
So..one thought: do you have any input on how to support oneself to "find"/ realize one's own ideas? I seem to struggle with brainstorming. Otherwise I would say I'm a quite creative person but I seem to be stuck with coming up with ideas on that. I'm a licensed pharmacist and would like to get out of working at a retail pharmacy since I find it physically really draining. I would like to aim for some kind of remote work (not available in my country as a pharmacist). I'm an animal lover and like to promote a plant based lifestyle. Also love to travel and would be interested in getting more into tech skills and living abroad for certain amount of time. But no clue how to bring that all together. 🤔 Any hints on where to go from here are highly appreciated.💡
Brilliant analysis
The 4% rule was calculated with 60% equity and 40% bonds
Lookin swole my dude!
The Ali air quotes strikes again!
I don't need to put 1.5 x speed on his videos..
Yes. He speaks very fast
I pray that all of us have alot of savings to live our best life even in our old age🙏
Vamos, vamos, Argentina! 🇦🇷🏆🎶🎵
Idol ❤😊
I want more videos like this ...
You beauty...found the slow down speed of youtube...in settings.
You can retire as early as in 5 years investing in owner financed rental houses. That's something I do. Turn Zero dollars into 200k over 25 yrs
The thumbnail is Ossom and very realistic ali ..... You and your team used the AI software very well I have to say this.....😮😂😂 Who agree with me 👍👍
Great keep going 🔥
Yes come to Brazil 🇧🇷 guys!
Thank you for everything
You think you fooling anyone with this. Buddy, you gotta evolve.
Anyone know what watch band he uses for his Apple Watch?
CHECK OUT THOSE BICEPS! Coming in nicely, brother.
Did you use Matt Dvella video in between ? At 6:50
I just realize that I am grown, and I should worry about money and retirement 🤧
When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss LIBERTONCORP
Great video but sound has some issues!
I don't want to sacrifice something for money, I want to do what I love to make money
Friedaannellis for quick response on guideline
Thank you for sharing, but does ppl really enjoin retire??
@SassySam are you retired? Most likely not🤦🏽♂️
10:57 Ali should sell this clip on stock websites, he'd probably make some money on it