I retired at 47 when everyone thought I was crazy. I had $2m saved and everyone told me how crazy I was. How bored I would be. Well, I am still married, we have travelled the world and my kids got through university. We are now worth €3m and I have loved every day. If you want to retire then do it. The race and stress free life is amazing. Don’t listen to those that are jealous and try to guilt trip you into still working
I am currently in my 50s and This is no time to taper retirement savings. I want to max out my retirement contributions and I also have another $120k in a savings account that I want to invest in a non-retirement account. Where would you invest this as of now?
Look up, dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, you should work with a financial advisor to help set up a well-structured portfolio.
@@MercuriosBakers I agree. Based on personal experience working with a financial advisor, I currently have $800k in a well-diversified portfolìo that has experienced exponential growth from when I started. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
@@BogumilTanski Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
@@JasonsHortons There are many independent advisors to choose from. But I work with MARGARET MOLLI ALVEY and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
@@BogumilTanski Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
@@thomasdooley3702 Bitcoin can one day become worth zero, Stocks & Real Estate will never equal zero. Countries can ban Bitcoin, countries can't ban stocks & real estate.
@Eva Helen Just your post as of 12/30/22 and looking back on the past few months, it was the best time to get completely out of crypto. Bitcoin price 1/1/22 was $47,738 today it is $16,570 for about a 64% drop in value. Ouch. It's possible it will go up again but with all the trouble in the crypto world right now I wouldn't hold my breath.
Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.
True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect my funds and make profit from my portfolio this red season. I’ve made over $250k since then.
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
I wish I knew about FIRE 25 years ago. I program for a living and make good money. My wife makes even more than me. We make more than the couple in this video and while our retirement is set, we should a. have way more money (I made so many dumb financial decisions) and b. be able to retire earlier. I get so jealous when I hear about people retiring in their 30s and 40s. I then get angry when I realize my wife and I almost always make more money. I feel like every high school should have one money management class. How to invest. Where you should spend and where you shouldn't. Oh well, it is what it is.
Buying stocks might seem easy, but picking the right one without a solid plan is tough. I've been trying to grow my $100K portfolio, but the tricky part is not having clear plans for when to buy and sell. Any tips on this would really help.
@imohimoh3441 Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Remember that spammers target these sorts of videos- asking for advice and then "another helpful viewer" advises their own wonderful advisor by name...report those!
Honestly, The verge of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you weren't to blame for.it's especially difficult for people who are retired.
Is there anything like proof recession stock? I am 58 years and would like help in managing my retirement portfolio which is currently $1.25M...down from a high of $1.67M….
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of $550k...that's like 7times more than I average on my own.
I work with Sonya Lee Mitchell who is a licensed fiduciary. Just look up the name. All the information you need to work with a letter to set up an appointment is included.
Joined the Navy at 18 with 7k in the bank. I did janitorial and smoked a lot of pot in high school. Left the Navy after months with 40k in the bank. Invested 30k in the S&P stocks. Started working at UPS, Exide Battery and did concrete on Saturdays. Invested 1k a month every month into it with my Financial advisor James Fletcher Brennan, Cashed out 350k from the S&P Cashed out and Semi retired at 31. Took a year off. Traveled. Came home and started working part time just for the insurance, entertainment and pocket change and still investing in stocks with a 3 million net worth, Work isn't work when you don't have to work. Becoming wealthy can be done in few years. It feels like 60hr work weeks. Feel the pain of discipline early or feel the pain of regret later. I wish everyone well!
As a salary earner i think i need this, even if i dont retire early the multiple income stream would still be useful for paying off my mortgage, just looked up your advisor, will def work with him if you don't mind
Combined couple income of almost 300k - that's the part a lot of working people will struggle with. At that income, depending on how frugal you are with expenses and where you decide to live - of course retiring early will be dramatically easier. 60% to 70% of Americans earn less than 60,000 a year. I'm not saying this can't be done, and it's awesome that people like these two have been able to retire early - but keep in mind that most people in America are not all living the same reality and have the same options.
That's why it's important as single person not to have kids and not get married to focus on investing and saving and multiple income streams With internet you can make it if you focus. Even if you have to live in a car for a few yrs you can make it Most people are not going to do it
@@robocop581 because you have resources to provide were you are and kids are happy It only applies to those who don't But it's not exact science Ben Carson mom struggled with finance but look at outcome. Life is not exact science Many get people come from humble beginnings Ideals are just that Glad you did it your way
With the current recession retiring at all seems like the craziest dream one could have. My portfoIio is steady going down a slop, I'd really appreciate tips on how to reach goals like this.
.Don’t fret, if you would rather have an easy plan that you can execute without having to constantly worry about changes in legislation or the economy or financiaI products, then you might consider hiring a financiaI advisorr.
I actually lived abroad for 8 months. Saw and experienced many beautiful things. Their came a time where I missed my family so much it wasn’t worth it any longer. They have each other and that’s ultimately the key. I’m willing to bet things change with grandkids.
Unfortunately for a vast majority of Portuguese people, 3500 USD a month expenses is impossible. I can also understand why they are renting in Lisbon, because their 150 thousand USD property In the US allows them to buy only the crappiest and smallest of apartments in Lisbon. That being said, they did the right thing. So many people in richer countries already have enough money to retire and don’t even realize that. Others realize that they will never retire… Portugal is one of those countries that in general doesn’t give the chance to save much money, as wages are too low and cost of living for Portuguese becomes high. Minimum wage is around 700 euros in 2022, that is before taxes. So there you have it….
As a portuguese I "had" to move out of Portugal to live in the Netherlands almost 20 yrs ago in order to have some financial room to breathe because in Portugal I was suffocating...In PT if you earn less than 1000 euros per month you probably live from pay check to pay check and by the last week of each month you may have to make decisions about how to spend the little money you have left...if there's any. But having said that it's nice to see people from all over the world enjoying the country and moving there. I'll do that when I retire...aged 65 or maybe even 67...😅
Awesome! your potential seems limitless. I'm fascinated with investing but being a single mother and juggling all these things are quite difficult. How best can I start and what sector to engage in?
Don’t wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made
Am not good doing it alone but getting into the market has been my best decision so far in my road to financial independence as it turns out to be lucrative for me and Personally I have multiple streams so I just enable the use of an investment advisor to navigate and secure the returns
Woah, Though this is the first time i would be reading comments about my financial advisor Ms. Melisa on RUclips comments and it is quite a memorable insight.
“Don’t wish it was easier, wish you were better. Don’t wish for less problems, wish for more skills. Don’t wish for less challenge, wish for more wisdom.” - Jim Rohn ✨
It means open your eyes and leave the American dream If you are eating dollar meals at McDonald’s. Move to a third world country and experience the secret with your own nose, eyes and hands.
Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k. My mom retired with about 4.2 million, but my dad retired with roughly 1.8 million.
`This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I'm 47 have $1.5M and 0 debt. Fire wasn't a term I was aware of 22 years ago but my husband and I decided to be able to live off 1 income and save the other. We couldn't do that for awhile when we had 3 kids but stuck to it as much as possible. I've retired "for now" but my husband still works but understand he can quit if he feels like it. We feel so much at ease even with the high inflation. We enjoy life by living a nomadic lifestyle travelling the US and pretty soon we will be traveling international. All these things we thought we would do in our 60s we have been doing for the last 2 years.
I'm 46, also have about 2m, and no debt. I'm still concerned about outliving the money because Im super healthy and will probably live to 90. I still have 2 businesses and plan to keep them going as long as possible.
I would retire with 500K heheh and I am 47. I would buy some rentals and a one bedroom for me. Then I would get on a bike and ride away. There are all sorts of ways to retire with 2m, it just depends on your lifestyle.
I'm with you. I retired at 53 and now 55. No debt, home paid for, car paid for, insurance paid for, pulling a monthly pension and about 1mil in the bank. I worry everyday (a little).
Somehow all the FIRE guys have some youtube channel on telling people how to retire early. I haven't seen a story where guys just retire and not making money from their story on how they wonderfully retire and getting clicks out of it.
I understand the concept of financial freedom, but for many couples and families, it comes at a cost of having to move to a cheaper, foreign country and saying goodbye to their close family and friends and support network back in America. I don’t think I could do it. But props to the people that can.
I think it's telling you that to have financial freedom sometimes you need to move somewhere else. A place with universal healthcare, no gun violence, and an affordable cost of living. I'm sure you could visit your family from time to time and they will appreciate the opportunity to visit you and discover a new country in the process.
There's a lot of people out there who lost their parents already and when that happens it's much easier to move away. Friends can always visit and about the rest of the family the truth is a lot of people are actually happy to be far away 😅
@Kalina Vu- Very true, even just going on vacation, eventually makes me feel ready to comeback. Some folks are very comfortable with traveling around the world. It's definitely not for everyone.
I score this video about 5.7 out of 10 because there was no mention of how medical needs are paid and how much and no mention about if they can buy investment property in those countries and no mention of how they were able to legally live in those countries longterm.
I’m married and I have traveled solo to a couple of countries. My wife won’t travel unless we take our daughter she is 6. This October we are planning to go to Barcelona and Paris. I don’t think my wife would ever leave my daughter alone for her to go enjoy traveling with me. That is just nuts.
6:43 - I have been there before! If you go a little further up, there's a steakhouse. I forgot the name of it, but it's supposed to be one of the best in Portugal!
@@nannynadia i have a 3 year college diploma in International business here in Canada. I worked for that college on contract and worked as a sales rep at a telecommunication place as well
okay so im assuming you made all your money from some lucky crytpo investments and boosting shiba inu through youtube. You totally got my hopes up dude lol. working for 5 years isn't going to let anyone retire early unless their third job is boosting crypto constantly with no dignity left at the end of it
I got lucky at 26 when I overheard two coworkers discussing Dave Ramsey’s book “Total Money Makeover”. I should have saved a lot more but still have a decent retirement account
@@tyrellcobb4665 The fact that they retired early with such wealth and ability to freely utilize their time and energy in any way they wish, is the definition of freedom, not boredom!
Don’t wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals,
I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in.I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.?
Long-term investors like '"Catherine Ann Setraycic"' do not worry about short-term performance that's why I follow her trades, which made me get a profit of $16,300 from $1,740. Whilst there will be crashes and opportunities to buy the overall trend is a positive one!>
Hi guys! Absolutely agree to keeping a budget! It's vital to meeting your goals. Best of luck on your journey to finding that place, and maybe that place is many places. After 3 years in our journey of doing what you are doing (essentially), we are realizing there may be many places we want to live, at different times of the year. Although I'm having yearnings of owning my own place and not being beholden to landlords and their sometimes unusual demands. In Europe this is possible as so many cultures and experiences lie so close to each other. A 100 dollar plane ride or 1 hour car ride close. Best of luck! xx
This truly made me cry, my husband and i are retiring next year and plan to move to Barcelona at age 45. This is always been my dream. God made me stumble on this RUclips video right on time when we are thinking of doing this. I am so looking forward to it.
My wife and I are retiring this year with over $4.5 million in tax deferred investments. up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year. Just kept buying at low prices
@@corneliathompson3315 My tutor is 'Mary Freed Lorenz",I watched a news interview on where she featured during an IPO and spoke proficiently, caught only her name and did a search later online. I joined her program just last year! She obviously brings a lot of experience to the table but more importantly I think she is a tough person in an industry that demands clairvoyance.
My wife and I did very well in the amount of money that we amassed for retirement. Well over 80% of that money was made because of taking advantage of buying high-end stocks at a deep discount during the Great Recession. 2009 I fired the stockbroker got rid of all mutual funds and bought individual dividend stocks. Be patient don't get scared and do your homework and you can make a killing
@@thomasbarker6443 Same story here with me ❤️ I’m not retired yet, I love my job as an electrician. Worked so hard in my late 30’s and early 40’s saved so hard made investments (I was in good hands with my financial advisor). Oh well, if I had to do it over, I will do the same thing. I do “play” with $50,000. I purchased CCL and US Oil.
For all those Canadians out there, don't miss out on the amazing power of tax free dividend income within many provinces and territories. In BC we can have $110k of income in eligible dividends and live well tax FREE. I would love to know if anyone knows how to keep that income coming while abroad? From what I know, taxes are very high as a none resident of Canada
Healthcare on both places we've lived (Mexico and Portugal) have been superb. In Mexico, doctors were trained in the U.S. and many spoke English fluently. Hospitals and medical equipment were excellent with well trained staff. Doctors (not the assistants) spent a entire hour or more with us evaluating our cases. In Portugal, is very similar and also inexpensive. Although we use Allianz as our medical insurance, we usually pay out of pocket for simple appointments or prescriptions.
A career which gives you a little bit of time and work-life balance costs you financial independence because it'll be low paying. Tough choices to make. Keep in mind, investing provides a jumpstart to financial freedom. At 34, I already have a $6m portfolio.
Everyone needs to hear this, you need to create your own process, manage risk and stick to the plan, thick or thin, while continually learning from mistakes and improving
Money advice is subjective, what works for you may not work for someone else, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments.
@@velayuthman bravo! i'm 46, inherited money from a childless relative and traveled overseas, got married to a lady almost my age, but the only issue is how to preserve and grow my wealth in this shaky economy, can your advisor be of help please?
Of course.....I work with "Heather Ann Christensen as my licensed advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
What if you never had a "good" job or had a tragedy that knocked out all your savings?? I'm happy for them that they were able to achieve their dreams. They also clearly have a GREAT partnership and love.
It's my third month being retired now. And life hasn't been so difficult as I thought basically because I put my head down and made ways for other source of Income. I'm a huge fan of earning more money, and I think everyone should have a side hustle. Side hustling can allow you to earn that little bit of extra money that can help you achieve your financial goals faster - whether it's paying off student loans or saving for retirement.
Investing for our future shouldn't stop because market sucks, This phase is where the future millionaires DCA into the dips on assets; stocks , index funds, real estate especially!
I've been considering buying ETFs/SCHD stocks for retirement, I have set asides $100k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing, please I could really use some guideline
@@brownkelly2033 personally I use Karen Marie Emma, she has strategies designed for both long and short term investments, retirement planning. Lookup the name and reach out to_her.^^
We are around $6M networth in our late 40s. We wish to do the same but our younger son just went to high school. We will be waiting till he graduates HS and then take off. We hope to get to $10M by then… We really want to have “Fat FIRE” instead of the “lean FIRE” that everyone aspires for. I think we will get there comfortably. Our investments are spread across every asset class Real Estate, stocks, crypto, gold etc…
@@ariefraiser140 “Extra fat fire” maybe 😝. We live SF Bay Area so we need that extra cushion just in case. And no, we do not want to move to Idaho or Texas or some other unfamiliar place. I worked too hard so that I shouldn’t have to move in retirement!
@Nemusis 999 then there is that! I worked in IT… had a small tech company that I sold the 2000s… Bought a few properties across SF Bay Area that are rented out!
Best thing we can all do is grow our rental portfolio and live off of our residual income. Doing this can retire us at a young age and help us have more time doing what we love.
Goals. 40 now. 7 more years for me and hubby too. Though not sure if we will RE. With 2 minor boys still by then. Prob just work and travel on PTO. Good thing we don’t hate who and what we do. Not saying they did. But the benefits we have are just amazing lol
I'm nearing retirement in three years, and despite having solid companies in my portfolio, my profits have stagnated in this uncertain market. Are there any calculated profit opportunities this season?
Did you pay attention, seh was in real estate, not typical 9-5 and she said she began her own small firm. THEN THEY bought property and rented it out so rental income....
do they have a friend circle where they are or any relationships with others? or are they kind of just with each other and maintaining their US relationships via video. would have been interesting to learn more about that living abroad with no family/friends that you already know. although they seem happy to just have each other regardless i guess
Although that’s a great point, Portugal , specifically Lisbon has attracted foreigners for years now and they get together. It’s not the same as family nor old friends though.
Our stock and crypto portfolios have fallen but we have positive cash flow from our rentals and cash savings to utilize so we do not have to withdraw from our investments that are down.
To all of you FIRE. With some exceptions, do remember you have to have a US residency in order to maintain a US brokerage account as well as all your credit cards and even bank accounts. Unless you're not being truthful to the financial institutions you deal with it's difficult and complicated tax situation.
That is not true, have not lived in the US for 25 years and still have a credit union and brokerage account. Except for MFAand some investments restrictions everything works.
Good for them! It's so important to diversify your portfolio. I knew somebody who was entirely in crypto...and lost everything. I kept telling them, they needed to purchase a home--even a cheapy. But their attitude was, if I can't get a home on the beach, I'll just keep doing crypto until I can buy one with cold hard cash. This destroyed their retirement.
Reading many of the comments its crazy how much us citizens earn even with a normal job. 1 or 2 million seems not a great of a deal and with that money you can retire almost anywhere in europe which makes even highly industrialized countries like germany feel cheap. Seems similar as europeans retiring early in southeast asia ..
Early saving and investing money creates compounds growth, it's a beautiful thing.But it takes focus and discipline. You need to be focused enough to commit to a plan and a process.Retried with a 7 figure portfolio and receiving about $243k in dividends. I have been in the stock market about 20 years. Am I worried? Am I selling? Absolutely not. I have purchase growth stocks too a little at a time over the past few weeks. I am going to sit back and observe how this all plays out, adding more at a time. my investment strategy with my FA actually calms me down. Eye on the prize, stay the course!
My Financial advisor is “ Donna Jean Boyette“. She is a professional financial/Investment advisor. you can search her up on the internet where you can get necessary info about her and as well to connect with her.
I without a doubt would have chosen Valencia, Spain, but I am so happy to see another American couple choosing to live their best lives abroad. Especially in Europe! ❤
![Seungmin "그렇게, 천천히, 우리(As we are)" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/kAzmhLHePqU/mqdefault.jpg)
I retired at 47 when everyone thought I was crazy. I had $2m saved and everyone told me how crazy I was. How bored I would be. Well, I am still married, we have travelled the world and my kids got through university. We are now worth €3m and I have loved every day. If you want to retire then do it. The race and stress free life is amazing. Don’t listen to those that are jealous and try to guilt trip you into still working
is that 2mill in liquid assets (i.e not including real estate?)
@@explorerjlc1743 yes
I am currently in my 50s and This is no time to taper retirement savings. I want to max out my retirement contributions and I also have another $120k in a savings account that I want to invest in a non-retirement account. Where would you invest this as of now?
Look up, dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, you should work with a financial advisor to help set up a well-structured portfolio.
@@MercuriosBakers I agree. Based on personal experience working with a financial advisor, I currently have $800k in a well-diversified portfolìo that has experienced exponential growth from when I started. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
@@BogumilTanski Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
@@JasonsHortons There are many independent advisors to choose from. But I work with MARGARET MOLLI ALVEY and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
@@BogumilTanski Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
The greatest treasure these two have is each other, their son, and their health. Good for them!
Health is always #1. If you don't have your health, you have nothing.
Nice to see these people willing to take risks. Moving abroad, investing in different things, doing different activities. Very cool
When you invest you're buying a day you don't have to work
Assets that can make you rich
Bitcoin
Stocks
Real estate
Investments are stepping stone to SUCCESS, Investing is what create wealth
90% of millionaires right now are investors in the crypto market
@@thomasdooley3702 Bitcoin can one day become worth zero, Stocks & Real Estate will never equal zero. Countries can ban Bitcoin, countries can't ban stocks & real estate.
@Eva Helen Just your post as of 12/30/22 and looking back on the past few months, it was the best time to get completely out of crypto. Bitcoin price 1/1/22 was $47,738 today it is $16,570 for about a 64% drop in value. Ouch. It's possible it will go up again but with all the trouble in the crypto world right now I wouldn't hold my breath.
THIS. IS. LIVING. Not slaving at a job everyday to pay bills just to continue to be broke.
Buy assets and Save
Right!! May we be able to achieve this too
Technically if you have a remote job you can pretty much do most of the things they say.
Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.
True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect my funds and make profit from my portfolio this red season. I’ve made over $250k since then.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
This is literally what my husband and I want to do in our mid 40's. I love seeing an older couple talk about early retirement.
Check out Stephanie Perry!
I'm 37 and early retiring now. Do you have a sister?
I wish I knew about FIRE 25 years ago. I program for a living and make good money. My wife makes even more than me. We make more than the couple in this video and while our retirement is set, we should a. have way more money (I made so many dumb financial decisions) and b. be able to retire earlier. I get so jealous when I hear about people retiring in their 30s and 40s. I then get angry when I realize my wife and I almost always make more money. I feel like every high school should have one money management class. How to invest. Where you should spend and where you shouldn't. Oh well, it is what it is.
Buying stocks might seem easy, but picking the right one without a solid plan is tough. I've been trying to grow my $100K portfolio, but the tricky part is not having clear plans for when to buy and sell. Any tips on this would really help.
The strategies are tough for average people. They're usually done well by experts with lots of skills and knowledge.
@imohimoh3441 Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Remember that spammers target these sorts of videos- asking for advice and then "another helpful viewer" advises their own wonderful advisor by name...report those!
Honestly, The verge of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you weren't to blame for.it's especially difficult for people who are retired.
Is there anything like proof recession stock? I am 58 years and would like help in managing my retirement portfolio which is currently $1.25M...down from a high of $1.67M….
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of $550k...that's like 7times more than I average on my own.
mind if i ask you to recommend this particular coach ?
I work with Sonya Lee Mitchell who is a licensed fiduciary. Just look up the name. All the information you need to work with a letter to set up an appointment is included.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Joined the Navy at 18 with 7k in the bank. I did janitorial and smoked a lot of pot in high school. Left the Navy after months with 40k in the bank. Invested 30k in the S&P stocks. Started working at UPS, Exide Battery and did concrete on Saturdays. Invested 1k a month every month into it with my Financial advisor James Fletcher Brennan, Cashed out 350k from the S&P Cashed out and Semi retired at 31. Took a year off. Traveled. Came home and started working part time just for the insurance, entertainment and pocket change and still investing in stocks with a 3 million net worth, Work isn't work when you don't have to work. Becoming wealthy can be done in few years. It feels like 60hr work weeks. Feel the pain of discipline early or feel the pain of regret later. I wish everyone well!
You’re really killing the FIRE game. I wish to have this someday
Okay please is there a way I could reach out to this consultant? There's certain goals I have for myself before clocking 40.
As a salary earner i think i need this, even if i dont retire early the multiple income stream would still be useful for paying off my mortgage, just looked up your advisor, will def work with him if you don't mind
@@harleycartley3138 you can reach him through his web by searching him online
@@ericwilde4583 👍
Love it! First couple to make early retirement look like fun and not boring. Well done!
There’s a black family on here that’s done the same but idk the name
Combined couple income of almost 300k - that's the part a lot of working people will struggle with. At that income, depending on how frugal you are with expenses and where you decide to live - of course retiring early will be dramatically easier. 60% to 70% of Americans earn less than 60,000 a year. I'm not saying this can't be done, and it's awesome that people like these two have been able to retire early - but keep in mind that most people in America are not all living the same reality and have the same options.
That's why it's important as single person not to have kids and not get married to focus on investing and saving and multiple income streams
With internet you can make it if you focus. Even if you have to live in a car for a few yrs you can make it
Most people are not going to do it
@@keithwisdom1663 I have three kids. They were never a financial issue
ABSOLUTELY!!!!!
@@robocop581 because you have resources to provide were you are and kids are happy
It only applies to those who don't
But it's not exact science
Ben Carson mom struggled with finance but look at outcome. Life is not exact science
Many get people come from humble beginnings
Ideals are just that
Glad you did it your way
@@keithwisdom1663 actually splitting expenses with someone else helps a lot
With the current recession retiring at all seems like the craziest dream one could have. My portfoIio is steady going down a slop, I'd really appreciate tips on how to reach goals like this.
.Don’t fret, if you would rather have an easy plan that you can execute without having to constantly worry about changes in legislation or the economy or financiaI products, then you might consider hiring a financiaI advisorr.
@David cho Please can you leave the info of your lnvestment advisor here? I’m in dire need for one.
A spam entry was here. Always recognise specific "advisors" as spam.
Look into commodities as we are ready to enter a super cycle. Gold silver platinum uranium etc
I actually lived abroad for 8 months. Saw and experienced many beautiful things. Their came a time where I missed my family so much it wasn’t worth it any longer. They have each other and that’s ultimately the key. I’m willing to bet things change with grandkids.
No country like America 🇺🇸🦅
Unfortunately for a vast majority of Portuguese people, 3500 USD a month expenses is impossible. I can also understand why they are renting in Lisbon, because their 150 thousand USD property In the US allows them to buy only the crappiest and smallest of apartments in Lisbon. That being said, they did the right thing. So many people in richer countries already have enough money to retire and don’t even realize that. Others realize that they will never retire… Portugal is one of those countries that in general doesn’t give the chance to save much money, as wages are too low and cost of living for Portuguese becomes high. Minimum wage is around 700 euros in 2022, that is before taxes. So there you have it….
As a portuguese I "had" to move out of Portugal to live in the Netherlands almost 20 yrs ago in order to have some financial room to breathe because in Portugal I was suffocating...In PT if you earn less than 1000 euros per month you probably live from pay check to pay check and by the last week of each month you may have to make decisions about how to spend the little money you have left...if there's any. But having said that it's nice to see people from all over the world enjoying the country and moving there. I'll do that when I retire...aged 65 or maybe even 67...😅
Awesome! your potential seems limitless. I'm fascinated with investing but being a single mother and juggling all these things are quite difficult. How best can I start and what sector to engage in?
@Bryan wow! do you think you can give me some advice on how to invest in a healthy way as you are doing? Please
@Bryan Thanks dear, I'll most definitely ensure to do that.
Don’t wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made
Am not good doing it alone but getting into the market has been my best decision so far in my road to financial independence as it turns out to be lucrative for me and Personally I have multiple streams so I just enable the use of an investment advisor to navigate and secure the returns
Woah, Though this is the first time i would be reading comments about my financial advisor Ms. Melisa on RUclips comments and it is quite a memorable insight.
“Don’t wish it was easier, wish you were better. Don’t wish for less problems, wish for more skills. Don’t wish for less challenge, wish for more wisdom.” - Jim Rohn ✨
Wtf does this mean Nathalie Lazo
It means open your eyes and leave the American dream If you are eating dollar meals at McDonald’s. Move to a third world country and experience the secret with your own nose, eyes and hands.
That’s inspiring. Thanks for sharing
Action is mother of theory
Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k. My mom retired with about 4.2 million, but my dad retired with roughly 1.8 million.
`This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
Her name is “Sonya Lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
90% of these comments are spam. Ugh!
Who the heck is saying that you need 6 million to retire?! It's closer to 1.5 per person to generate enough passive wealth to live comfortably!
They are very fortunate to have what they have. Lucky people who actually did very well in managing their luck and turn it into a stable income.
I love this! What an amazing couple with goals that align. They’re so compatible! I hope I find someone I can align with in this way soon! ❤
I'm 47 have $1.5M and 0 debt. Fire wasn't a term I was aware of 22 years ago but my husband and I decided to be able to live off 1 income and save the other. We couldn't do that for awhile when we had 3 kids but stuck to it as much as possible. I've retired "for now" but my husband still works but understand he can quit if he feels like it. We feel so much at ease even with the high inflation. We enjoy life by living a nomadic lifestyle travelling the US and pretty soon we will be traveling international. All these things we thought we would do in our 60s we have been doing for the last 2 years.
thats amazing. congratulations.
Dual income seems necessary
I'm 46, also have about 2m, and no debt. I'm still concerned about outliving the money because Im super healthy and will probably live to 90. I still have 2 businesses and plan to keep them going as long as possible.
I would retire with 500K heheh and I am 47. I would buy some rentals and a one bedroom for me. Then I would get on a bike and ride away. There are all sorts of ways to retire with 2m, it just depends on your lifestyle.
I'm with you. I retired at 53 and now 55. No debt, home paid for, car paid for, insurance paid for, pulling a monthly pension and about 1mil in the bank. I worry everyday (a little).
I guarantee you won't live as long as you think. Everyone is living "super long" until they get hit with health problems out of the blue
What a stupid comment I'm healthy il live to 90 🤦
Somehow all the FIRE guys have some youtube channel on telling people how to retire early. I haven't seen a story where guys just retire and not making money from their story on how they wonderfully retire and getting clicks out of it.
We exist.
I understand the concept of financial freedom, but for many couples and families, it comes at a cost of having to move to a cheaper, foreign country and saying goodbye to their close family and friends and support network back in America. I don’t think I could do it. But props to the people that can.
Exactly. Can't imagine leaving parents and other family members.
I think it's telling you that to have financial freedom sometimes you need to move somewhere else. A place with universal healthcare, no gun violence, and an affordable cost of living. I'm sure you could visit your family from time to time and they will appreciate the opportunity to visit you and discover a new country in the process.
There's a lot of people out there who lost their parents already and when that happens it's much easier to move away. Friends can always visit and about the rest of the family the truth is a lot of people are actually happy to be far away 😅
@Kalina Vu- Very true, even just going on vacation, eventually makes me feel ready to comeback. Some folks are very comfortable with traveling around the world. It's definitely not for everyone.
Friends don’t exist and family is just random sperm you where born into.
Great video! We are newly nomadic retirees heading to Portugal in a couple of years. I hope to see you there!
We have a vlog series on our RUclips channel about our move to Portugal that you might find useful. ☺️ Would love to meet up when you are here.
I score this video about 5.7 out of 10 because there was no mention of how medical needs are paid and how much and no mention about if they can buy investment property in those countries and no mention of how they were able to legally live in those countries longterm.
I’m married and I have traveled solo to a couple of countries. My wife won’t travel unless we take our daughter she is 6. This October we are planning to go to Barcelona and Paris. I don’t think my wife would ever leave my daughter alone for her to go enjoy traveling with me. That is just nuts.
I wonder if they have met the Our Rich Journey people. They may have even retired to the same city.
We have not met them yet, they live in the silver coast. We do follow them on youtube tho :)
6:43 - I have been there before! If you go a little further up, there's a steakhouse. I forgot the name of it, but it's supposed to be one of the best in Portugal!
Very well done!! I was able to reach FIRE at 28. Next goal is to live abroad. Portugal is on the list
Wow lucky! I am about to graduate uni, what career did you have to achieve this?
bs
@@Hedgeflexlfz I have a youtube channel documenting my journey
@@nannynadia i have a 3 year college diploma in International business here in Canada. I worked for that college on contract and worked as a sales rep at a telecommunication place as well
okay so im assuming you made all your money from some lucky crytpo investments and boosting shiba inu through youtube. You totally got my hopes up dude lol. working for 5 years isn't going to let anyone retire early unless their third job is boosting crypto constantly with no dignity left at the end of it
Im from Portugal and work in the UK. These videos really make me wonder why I’m grinding in the UK so hard hahah
At this rate his 2.2 million just became 1.5 million. 1.1 million still gets you quite far. Hope he's able to enjoy his 240k.
I got lucky at 26 when I overheard two coworkers discussing Dave Ramsey’s book “Total Money Makeover”. I should have saved a lot more but still have a decent retirement account
Good for you, guys!!! I don't know where people get the idea that you need millions of dollars to retire to be comfortable. That is so not true.
wow, this is beautiful. This is what freedom looks like!
No this is what boredom looks like
if you want to move away from your son and family and live in ?Portugal? , then yes ...
@@tyrellcobb4665 Jealousy
@@tyrellcobb4665 The fact that they retired early with such wealth and ability to freely utilize their time and energy in any way they wish, is the definition of freedom, not boredom!
Don’t wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals,
You can start TODAY regardless of your age INVEST and change your future! Investing in the financial market is a grand choice I made.
I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in.I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.?
Long-term investors like '"Catherine Ann Setraycic"' do not worry about short-term performance that's why I follow her trades, which made me get a profit of $16,300 from $1,740. Whilst there will be crashes and opportunities to buy the overall trend is a positive one!>
@@younglee-segredo831 how can this lady be reached? i need someone to guide me properly.
@@legilooks Research the online network for more details about her if you wish to contact her.
Hi guys! Absolutely agree to keeping a budget! It's vital to meeting your goals. Best of luck on your journey to finding that place, and maybe that place is many places. After 3 years in our journey of doing what you are doing (essentially), we are realizing there may be many places we want to live, at different times of the year. Although I'm having yearnings of owning my own place and not being beholden to landlords and their sometimes unusual demands. In Europe this is possible as so many cultures and experiences lie so close to each other. A 100 dollar plane ride or 1 hour car ride close. Best of luck! xx
This truly made me cry, my husband and i are retiring next year and plan to move to Barcelona at age 45. This is always been my dream. God made me stumble on this RUclips video right on time when we are thinking of doing this. I am so looking forward to it.
My wife and I are retiring this year with over $4.5 million in tax deferred investments. up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year. Just kept buying at low prices
Great job with your wife! I bet you’re living your best life right now
I’m a young mom and I would love to achieve this level of success myself please is it possible to get to your manager ?
@@corneliathompson3315 My tutor is 'Mary Freed Lorenz",I watched a news interview on where she featured during an IPO and spoke proficiently, caught only her name and did a search later online. I joined her program just last year! She obviously brings a lot of experience to the table but more importantly I think she is a tough person in an industry that demands clairvoyance.
My wife and I did very well in the amount of money that we amassed for retirement. Well over 80% of that money was made because of taking advantage of buying high-end stocks at a deep discount during the Great Recession. 2009 I fired the stockbroker got rid of all mutual funds and bought individual dividend stocks. Be patient don't get scared and do your homework and you can make a killing
@@thomasbarker6443 Same story here with me ❤️ I’m not retired yet, I love my job as an electrician. Worked so hard in my late 30’s and early 40’s saved so hard made investments (I was in good hands with my financial advisor). Oh well, if I had to do it over, I will do the same thing. I do “play” with $50,000. I purchased CCL and US Oil.
I cannot understand how two people need 3.700€ per month. That is not a very frugal lifestyle. They could spend a lot less and live a good life too.
Wow! That's incredible life both of you. I dream move to england, so i can watch premier league every weeks.
For all those Canadians out there, don't miss out on the amazing power of tax free dividend income within many provinces and territories. In BC we can have $110k of income in eligible dividends and live well tax FREE. I would love to know if anyone knows how to keep that income coming while abroad? From what I know, taxes are very high as a none resident of Canada
Canadian here! Thank you. I am looking for stocks that I should perhaps invest in, but mainly ones that offer dividends. Any ideas?
I'm 37 with $2.2 in liquid capital AND I did it while having two kids. Big deal.
What an aspiring couple! I want to move to Portugal too!
If only I could find someone who wants to live this kind of life
Depends on the kind of life you're referring to, I might want to live your lifestyle with you and grow large with you.
They have done so well
Congrats! I have similar ambitions and your story is an inspiration
Beautiful couple!!!!!!congratulations to both of them ❤
This couple has amazing energy. They seem so wholesome.
Thank you so much!
Great story. Wondering about health insurance and health care overseas as Americans
Healthcare on both places we've lived (Mexico and Portugal) have been superb. In Mexico, doctors were trained in the U.S. and many spoke English fluently. Hospitals and medical equipment were excellent with well trained staff. Doctors (not the assistants) spent a entire hour or more with us evaluating our cases. In Portugal, is very similar and also inexpensive. Although we use Allianz as our medical insurance, we usually pay out of pocket for simple appointments or prescriptions.
Good for you guys!
My life totally changed since I started with, $ 1,245 and now I make $ 5,640 every 11 days of trading .
I'm new to investing , how do I do it?
I have heard a lot about investment with Mrs Jessica M Cassetty, and how good she is , please how safe are the profits?
I have really heard lot about Mrs Jessica, please can I have her info?
you can easily reach Mrs Jessica Cassetty over telegam Messager, I'll leave her Username below this comment 👇👇
@JessicaCassetty
GOALS! thank you so much for sharing. Truly inspirational
Go to Bulgaria!
If I could retire tomorrow I would move back :)
Planning to do something very similar!
A career which gives you a little bit of time and work-life balance costs you financial independence because it'll be low paying. Tough choices to make. Keep in mind, investing provides a jumpstart to financial freedom. At 34, I already have a $6m portfolio.
Everyone needs to hear this, you need to create your own process, manage risk and stick to the plan, thick or thin, while continually learning from mistakes and improving
Money advice is subjective, what works for you may not work for someone else, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments.
@@velayuthman bravo! i'm 46, inherited money from a childless relative and traveled overseas, got married to a lady almost my age, but the only issue is how to preserve and grow my wealth in this shaky economy, can your advisor be of help please?
Of course.....I work with "Heather Ann Christensen as my licensed advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
The comment of course has the making of a huge scam
All the comments are full of scammers be aware
You guys are living the dream FIRE 😎
What if you never had a "good" job or had a tragedy that knocked out all your savings?? I'm happy for them that they were able to achieve their dreams. They also clearly have a GREAT partnership and love.
It's my third month being retired now. And life hasn't been so difficult as I thought basically because I put my head down and made ways for other source of Income. I'm a huge fan of earning more money, and I think everyone should have a side hustle. Side hustling can allow you to earn that little bit of extra money that can help you achieve your financial goals faster - whether it's paying off student loans or saving for retirement.
Investing for our future shouldn't stop because market sucks, This phase is where the future millionaires DCA into the dips on assets; stocks , index funds, real estate especially!
I've been considering buying ETFs/SCHD stocks for retirement, I have set asides $100k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing, please I could really use some guideline
@@brownkelly2033 You can buy dividend ETFs if you don't want to get into individual stocks. My favorite is SCHD. you can use a coach as well.
@@carlterry9686 How can I get a reliable coach considering the nature of the market?
@@brownkelly2033 personally I use Karen Marie Emma, she has strategies designed for both long and short term investments, retirement planning. Lookup the name and reach out to_her.^^
congratulations! Well done!. What vanguard funds do you recommend?
wonderful couple and I wish them all the best :)
We are around $6M networth in our late 40s. We wish to do the same but our younger son just went to high school. We will be waiting till he graduates HS and then take off. We hope to get to $10M by then… We really want to have “Fat FIRE” instead of the “lean FIRE” that everyone aspires for. I think we will get there comfortably.
Our investments are spread across every asset class Real Estate, stocks, crypto, gold etc…
In what kind of work are you able to save that much? Big law?
$6 million is not fatfire??
@@ariefraiser140 “Extra fat fire” maybe 😝. We live SF Bay Area so we need that extra cushion just in case. And no, we do not want to move to Idaho or Texas or some other unfamiliar place. I worked too hard so that I shouldn’t have to move in retirement!
@Nemusis 999 then there is that! I worked in IT… had a small tech company that I sold the 2000s… Bought a few properties across SF Bay Area that are rented out!
@@fnamelname7296 I guess...But once you've paid off your house San Francisco is not that far out of whack with any major city as far as costs go.
Best thing we can all do is grow our rental portfolio and live off of our residual income. Doing this can retire us at a young age and help us have more time doing what we love.
Goals. 40 now. 7 more years for me and hubby too. Though not sure if we will RE. With 2 minor boys still by then. Prob just work and travel on PTO. Good thing we don’t hate who and what we do. Not saying they did. But the benefits we have are just amazing lol
Great video! Smart savvy couple
I'm nearing retirement in three years, and despite having solid companies in my portfolio, my profits have stagnated in this uncertain market. Are there any calculated profit opportunities this season?
Generating substantial profits, particularly in a bear market, involves employing intricate tactics that are best executed by seasoned market experts.
To the person reading this: Even though I don’t know you, I wish you the best of what life has to offer ❤
Absolutely loved this! And have already subscribed to their channel 💛💜
What's the channel?
This was a good one. More my age
Portugal is popular for retirement.
how were they able to reach 270k combined income on 9-5 office jobs?
Did you pay attention, seh was in real estate, not typical 9-5 and she said she began her own small firm. THEN THEY bought property and rented it out so rental income....
Nothing uncommon about making that kind of money with office jobs. That's pretty normal for a lot of people
It’s not that uncommon.
What is "the fire community" and "achieving fire"? that they speak of
FIRE stands for financial independence, retire early. Lots of bloggers and vloggers in the community.
amazing, love this perspective
Of course they have a RUclips channel
do they have a friend circle where they are or any relationships with others? or are they kind of just with each other and maintaining their US relationships via video. would have been interesting to learn more about that living abroad with no family/friends that you already know. although they seem happy to just have each other regardless i guess
Although that’s a great point, Portugal , specifically Lisbon has attracted foreigners for years now and they get together. It’s not the same as family nor old friends though.
Wonder how their portfolio is doing in this crash
Our stock and crypto portfolios have fallen but we have positive cash flow from our rentals and cash savings to utilize so we do not have to withdraw from our investments that are down.
They are living my dream life
Come to India. You will love it here!
I'm happy for them 😅
7:30 I missed „visiting friends“
I hope they got at least 100k to reveal all their life details...
To all of you FIRE. With some exceptions, do remember you have to have a US residency in order to maintain a US brokerage account as well as all your credit cards and even bank accounts. Unless you're not being truthful to the financial institutions you deal with it's difficult and complicated tax situation.
That is not true, have not lived in the US for 25 years and still have a credit union and brokerage account. Except for MFAand some investments restrictions everything works.
Good for them! It's so important to diversify your portfolio. I knew somebody who was entirely in crypto...and lost everything. I kept telling them, they needed to purchase a home--even a cheapy. But their attitude was, if I can't get a home on the beach, I'll just keep doing crypto until I can buy one with cold hard cash. This destroyed their retirement.
All cryptocurrency are biggest scam in history
Wow. Tragic
Reading many of the comments its crazy how much us citizens earn even with a normal job. 1 or 2 million seems not a great of a deal and with that money you can retire almost anywhere in europe which makes even highly industrialized countries like germany feel cheap. Seems similar as europeans retiring early in southeast asia ..
so they still work. but not for someone else
Genuine question - what do you contribute to the Portuguese government for allowing you to retire with money you made elsewhere?
I Love Traveling
Early saving and investing money creates compounds growth, it's a beautiful thing.But it takes focus and discipline. You need to be focused enough to commit to a plan and a process.Retried with a 7 figure portfolio and receiving about $243k in dividends. I have been in the stock market about 20 years. Am I worried? Am I selling? Absolutely not. I have purchase growth stocks too a little at a time over the past few weeks. I am going to sit back and observe how this all plays out, adding more at a time. my investment strategy with my FA actually calms me down. Eye on the prize, stay the course!
My Financial advisor is “ Donna Jean Boyette“. She is a professional financial/Investment advisor. you can search her up on the internet where you can get necessary info about her and as well to connect with her.
243K in dividends you will be fine anywhere lol
@@davideguerra743 i make 4,000,000 with my FA in dividends with only 1,000,000 in capital.
@@juanfernandoanzures9089 sure you do.
Do all of these people have RUclips channels? Is there literally no other way of growing big income?
So good to be true ☺️
this is the best
Very nice!
So inspiring!
Good for them. They made good money but didn't go crazy buying things they didn't need.
I without a doubt would have chosen Valencia, Spain, but I am so happy to see another American couple choosing to live their best lives abroad. Especially in Europe! ❤