Can I Live on 4000 a Month in Retirement | Retirement with Chris Miles
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- čas přidán 5. 09. 2022
- Can I Live on 4000 a Month in Retirement | Retirement with Chris Miles //
Are you seeing what's going on with inflation and wondering how well you're going to do in retirement? Watch this video to learn how to calculate what you need to retire comfortably.
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Chris Miles, the "Cash Flow Expert and Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results.
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• Can I Live on 4000 a M...
Wow. How arrogant. I'm single, 53 and will have a $4500/mo pension in 3 years. No mortgage, no debt. $4500 is more than enough and I don't eat ramen or deny myself things and I live in Napa California.
How when places go up to 5k there you must not be downtown and no kids like he said
agreed. His basic message is if you don't have far more than a million dollars, you should just 'eat ramen and die'. Statistically, only about 10% have a million right now when they retire. The average peson has far less. So this guy's response is 'eat ramen and die' ... OR... Hire me and I'll help you be rich and worthy. Riiiiiiiight..... This is fear mongering, plain and simple.
@darrenchilds5034 he said jo mortgage don't forget.
@@darrenchilds5034no mortgage.
I agree. My wife and I spend on avg. $2000 a month. All cars and home are paid for..no credit card debt. My pension and social security will be $4500+. We live happily within our means.
Very arrogant, “I lived on $4000 per month 20 years ago”. I’m retired military and I live on $4000 per month with no problems. Maybe I’m just used to knowing how to live low class I guess.
@Curtis, that's great you can live on $4k per month. I live in the western US, and I have 8 kids, which even made my dream of retiring on $5000 per month become poverty level with that size of family.
I easily live on far less than $4000 a month from my pension, Before you retire, pay off debt. become financially independent.
It's great that you can do that and I agree paying off debt before retiring is important, but $4K a month is still very little for most people, especially if you want to have the same quality of life finance-wise you had pre-retirement.
@@moneyrippleswithchrismiles It also depends on part of the country you live in. Texas Im good but California no way
Lol....Most quality financial channels don't first torpedoe their audiance by insulting their budget. It's so arrogant and ignorant at the same time to think because I can't live happily on x amount then obviously no one else can.
@Arie, that's true. Not my proudest moment in hindsight. I came out a bit condescending with that first point of "Eat Ramen and die." Although it's tough to live on $4000 a month as a family (single is easier), it's not impossible.
I easily live on 5K per month in california, no debt its easy
Good for you. This isn't the case for a lot of people, especially younger ones with bigger mortgage payments.
Its all about choices dont cry if you had a bunch of kids. Married and got divorced. I living on 1252 dollars a month. If u and all u tenns wanna k ow how I did it just ask
I love Bali..was thinking of retiring there except I was born in the Philippines wheee it’s as cheap and have network ..but I’d still live to have a vacation home in Bali .and here in California
That would be great!
I thought this would be informative. It's just another ad.
In this video, I was only answering the question whether you can live on $4000 per month. If you're looking for strategies, among many of our other videos, this one answers that - czcams.com/video/jqQg8n1OFHY/video.html
I am gonna be makeing 4000 a month come March
Great job!
Arrogant. Condescending.
Real estate is just as much of a risk. I'll blame it on this youth. Do your own research. Don't listen to these talking heads.
I'll take that "youth" remark as a compliment since I will turn 46 this year.
And real estate IS risky... if you don't know what you're doing. But history has proven that even if you don't know what you're doing, you have better odds than gambling your money in a stock market where there are many more historical losses.
This guy's not in reality
Meanwhile we Indians living Happily in 7000 $ per YEAR equivalent in rupees. WITH FAMILY. What kind of overpriced BS do you do everyday lol XD
Every country has different circumstances. I'm speaking to Americans specifically.
Go to Bali and live on coconuts, not ramen.
One of our clients has been doing that for the last 5 years...on $3000 per month 😀
If I retired it wouldn't be less than 13 ,000 a month
That's a large percentage of our clients as well. They want anywhere from $10k-$30k per month typically.
Way too much extra nonsense talking without arriving at the main point of your presentation. Dude, if you want to get a huge audience, your best shot is to stop adding so much extra not-related talkie-talkie and get to the point asap.