How to Retire in 5 Years Starting With $0 Savings
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- čas přidán 9. 07. 2024
- Let's discuss How to Retire in 5 Years Starting With $0 Savings! The crucial first step is to establish a solid financial foundation. Then, focus on boosting income, investing, and wealth building. I outline these steps in detail in this video.
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FINANCIAL DISCLAIMER: The information provided in this video is for educational and informational purposes only. It is not intended to be financial advice, and viewers should consult with a qualified financial advisor or professional before making any investment or financial decisions. While efforts have been made to ensure the accuracy of the information presented, we make no guarantees regarding its completeness or suitability for any particular purpose. Investing involves risk, including the potential loss of principal, and past performance does not guarantee future results. Viewers are solely responsible for their own financial decisions and should conduct their own research and due diligence before taking any action.
References & Clips: - Jak na to + styl
I would say avoid getting into debt at any cost.
Yeah l will never make the cover of a fancy business magazine or CEO of any Fortune 500 in my life. But at least I can say I'm almost debt free. 😊😅😊
@@Needcollegehelp Money isn't everything, you just need to make sure you're happy.
Agreed. We just finally got out of the serfdom of debt and so many options opened up. I already switched to a slightly lower paying job with half the stress as my old one
Congratulations!
Debt will destroy our retirement days.
Yes get out of debt. Delay gratification and live below your means
That is the perfect formula, although don't delay gratification too often.
I closed my door of traditional living and opened a new door that has allowed me to adjust all financial expenses.... Done by buying land.
I like this. You made the necessary adjustment. Way better than banging your head against the wall. Congrats!
Well im 57yo not much saved in Retirement maybe 75k which is better then nothing still in good health which is the most important thing i still have 4 years to take full pension my company offers plus my plan is to retire overseas with 150k. Retire at 62 which i can live on in Phillipines. Keep my home in America for my daughter and for an asset. 6mo oversees and 6mo in America 🇺🇸 we will see.
Good health and a good plan will win every day. Sounds like you have both. I'm glad to hear it. Thanks for the comment.
Difficult topic which more and more people are probably needing help on this. Thanks Lou!
Yes, no doubt more people need help with this topic. I'll be uploading more videos on this topic.
these are all great ideas and points... but it does not really tell you "How to retire in 5 years Starting with $0 Savings". Just generalized info that is readily available on a thousand other channels. I was hoping for some specific points. Like WHICH apps to use, and exactly WHAT to invest in. Yes investing in Index funds can get you more money, but specifically HOW much and WHICH ONES. I was hoping for something like "Take x amount of your paycheck and put it in THIS fund thru THIS app and in 5 years you will have XX growth. Sorry no thumbs up today.
Hi Annie! In the not too distant future you'll see many more videos that offer the info you mention. Thank you for the comment!
Basic but good info.
Thank. you! And, thanks for watching.
Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan “Press On” has solved, and will always solve, the problems of the human race.
You know I agree 100%! Thank you for the comment.