@ChamberlainFaye-i8v
I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.
@mikejarrells431
I retired at 42. I will never go back to work. I started studying healthy relationships after retirement (psychology). I won't settle for another toxic boss or work culture. Financial independence isn't about status. It's about escaping toxic relationships (wage & debt slavery). Don't settle. Break the cycle. Rebel.
@LegDayLas
FIRE is more about the FI than the RE. It's about having enough money that on paper you COULD retire early. It removes the stress of needing to work to survive, leaving you working because you enjoy it.
@Casey-summer
Retirement becomes truly fulfilling when you possess two essential elements: ample financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement.
@Davies-Edward00
Great video! what’s a Realistic Retirement Budget? I’m 62 With $890k in a 401(k), $115k in a Roth IRA and I’m Eligible for Social Security.
@morgansofia
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money.
@PASCALDAB
I need a way to draw up a plan to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K savings.
@RamaSivamani
I think many people misuse or misunderstand FIRE. It does not mean you HAVE to retire early but rather you set yourself up so that financially you could. This way if you choose to continue it is for reasons other than money. The focus of your work can then shift to doing work that has meaning and gives you intrinsic rewards rather than then paycheck being the main factor. FIRE does not mean not working but that you can now decouple work and money, and choose work that you do purely for how meaningful the work is regardless of how much it pays you.
@moisesperez62
Long story short: Money solves money problems and you are left with problems that money can't solve
@SophieLoschy
Biggest lesson i learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.
@Raymondjohn2
I'm a single, 43-year-old father who resides in Hamburg. If everything continues to go well for me, I intend to retire at age 50. I couldn't be happier right now than I am that I just bought my first house last month. I'm so happy that I made wise choices that altered my life forever.
@greekbarrios
I’d be retiring/working much less in 5 years and curious to know best how people split their pay, how much of it goes into savings, spendings or investments. I earn around $180k per year, but nothing to show for it yet
@themark462
10:48 reach age 40 or 50 and their life is pretty much over. Wow… just hit 40 and have plenty of life left in me, I assure you
@ChristopherAbelman
I don't understand why you have to live like a pauper just because you are retired. I have always maintained that retirees who struggle to meet their basic needs are the ones who did not invest in the right place. 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 depended on pension fund to handle her retirement. My mom retired with about 4.2 million, but my dad retired with roughly 1.8 million.
@AlexTheGamer97
It’s so comforting to make enough money to live extremely comfortably but not have the desire to have way too much of it
@adrianbardan782
it's a big deal not 'having to' wake up to go to work for 80% of your day. it's a big deal being able to buy the next gadget or toy that you don't have to save up for. it's a big deal to be able to follow what you're passionate about in life without needing that to also be profitable to pay your bills. so yeah, FIRE it up! until you can live FREE!
@darrellq6954
You can see the sadness in Techlead. He has all the money he needs but no one to spend it with.
@MarcoWanner-h8j
Overall, 60% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025.
@danielltoth3789
This guy is all over the place.
@TechLead