The Dark Truth of Financial Independence Retire Early (FIRE) | What They Don't Tell You
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- čas přidán 4. 05. 2024
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Another dark truth, especially for singles, is loneliness. Your former work colleagues, family and friends are probably still working so they can't meet up or travel as much as you can. Plus you might have less in common once you retire and your lifestyle changes. You have to find activities, hobbies and projects to keep busy on your own. And you have to be more proactive about reaching out to make new friends.
Depends. For introverts, being alone isn't necessary lonely. They recharge that way. The big difference between introverts and extroverts is that they really need lonetime in order to recharge energy, which unfortunately can be depleted if not getting enough of it. Extroverts on the other hand charge they batteries while hanging out with people, socializing.
💯 thanks so much for that perspective
This is me. TY.
Truth
I can live with that kind of loneliness 😂
I am a 29 year old software engineer, my plan to fire is just continue writing code and software, but changing the motivation. No longer will I write code for money, instead I will work on projects or open source things that I am genuinely interested in. This is one of the biggest advantages to FIRE. If you can keep "working" but working for yourself, instead of working for some other persons goals/visions.
Hahaha I did that exact thing 21 years ago at 45. I started in software at 26 and worked in startup (before they were called startups). I worked in about 10 different startups. None hit big, but good salary, some bonuses and a little stock did OK. But wow was it ever fun. I started creating video games (Atari 2600) and then computer UI (Atari ST, Apple IIGS) and then I basically went from company to company fixing problem projects.
When I retired I worked on theory type software that had no economic purpose. Got into gardening and fish ponds and played basketball several hours a day with a neighbor (who should have been working).
A cool thing happened that I was not expecting... When working I had to invent products that could earn a lot. Companies eat a lot of cash so you're limited to only big earning products. When retired suddenly the number of possible interesting things to invent were endless. No limit in required profit or time or risk. If an idea failed after 2 years, no problem. The cool thing is there's actually a huge market for niche software. Stuff a small company wants but could never justify the cost to develop. So I could do little things that made money without the need to actually make money. That's a lot of fun. And those little things can pile up. Like I made some film editing effects for a guy who bundled them and sold them and my royalty ranged from $100 to $4000/mo, about $5000/yr average and continued for about 3 years. Not bad for 6 weeks work that I enjoyed. Those things start to pile up. Each one isn't any kind of level you could retire on, but after you have 10, 20 of these in various life cycles, it's like money for nothing. I didn't NOT actually do 10-20 of these, just a few. But I could see the option. I didn't because there are other things more interesting to me.
Same with slow flipping houses. Fun to work on a house when there's no deadline, no start time. And they pay you a lot. Plus the cap gain is tax free ($250-500k limit). So my reported income is $0. So I got Medicaid (love it), free smartphone (LifeLine) and now free home internet (ACP). Plus never have to even file Fed or State forms.
Don't discount Social Security. I assumed SS wouldn't be around or I'd get nothing because I retired early. Shocked me how much I'll get. Today it'd be $2800/mo, $3600 at 70. COLA is a very sweet deal. I don't understand way but suspect the earlier you max out contribution the more effect of COLA compounding.
I never had any IRA, etc... I didn't see the point. Retiring at 45 that's 20 more years before I can tap into those. Plus I don't enjoy financial stuff. Better to focus on making money for me.
Don't get married!!!!! Biggest risk to FIRE!!!! I was married 2 times...wish I never had. I came out fine, but marriage is sooooo limiting. And there's no upside I could see. Instead focus on work and having fun. Now I'm planning a move to SE Asia. Now I can find a great young attractive wife and have some kids if I want (not 100% sure, but maybe). I have a lot more control there.
OMG it's been an absolute blast with only a few potholes.
Oh, BTW, my total spend for the past 10 years or so has been $600/mo. Own my house, self-insure the house, medical, smartphone, internet, 100% provided. Today I could get $2800/mo SS and $2000/mo renting part of my house (1/1 apartment for me) and I can do a reverse mortgage to get $223k line of credit I may never have to pay back. If I wait until 70 to take SS my total monthly income could be about $6600/mo. For a dude spending $600/mo WTF am I going to do with $6600? Crazy. Moving to SE Asia will be a much higher spend rate of course, but still, kind of a lot for me.
@@MrWaterbugdesign Very cool insights! While I differ in a few areas, I hope I can have a FIRE path mostly like yours :)
As Mr Money Mustache himself once said "work is better when you don't need the money"
Very true. Us humans need some sort of productive work to be well I believe. That could be coding in your case or fixing up my boat in mine. Either way you are occupied and feel a sense of accomplishment afterwards. Makes you feel useful.
I don’t care I want to come to the DARK side 🎉🎉😂😂
😂😂
Me too😂😂🎉🎉🎉
I want to join 🎉
lol🤣🤣 me too
Future2331 😀
I think the drastic change from working 40 -50 hours week to no work is scary for a lot of people. Don't be afraid to cut your work schedule down to 20 hours a week just to get a feel of it and just keep adjusting the amount until you are ready to go full FIRE.
My employer does not accept part timers. Helps/forces me reach FIRE faster, but unfortunately removes the option of part time.
@@VNAV_PTH if you hit your FIRE goal, a part time job doing anything along with what you were planning to spend during your early retirement would be more than enough. If your employer doesn't want to help you reach your goal than it's probably best to seek out another employer.
I would think the lack of structure / purpose could be huge for some. Some people who retire at a normal age really struggle with this. So I think it's really important to understand why you want FIRE and what you will do once you retire early. Some people may not actually want FIRE, they may want FIWL (Financial Independence; Work Less) where they keep their skills active and maintain those social relationships from work by working 10 hours a week etc.
I think many who achieve FIRE actually still work. It may not be working for someone else, but they are consistently doing things to make money. At least, that's been my experience and it certainly seems to be Amon and Christina's situation. The two of them are working on real estate deals, investing, selling these courses, etc., etc. I don't think the hustle ever dies. It's just that you're not working for "the man," per se. I think Amon and Christina provide a great example. But, everyone's journey will surely be different.
I took a break from work about 4 months and I'm feeling that lack of structure/purpose. Ready to go back.
Actually I work with a guy who retired early but came back to work. When I asked him why he came back to work, he said after a few years of early retirement he was experiencing this lack of structure in his life and all his friend were still working, hence he decided to come back to work.
Few people have different ideas of FIRE. I would be more FIWL logic. I think most see it as retirement from your main job and doing a job that's more about enjoyment and maximising your experiences then money being the main motivation
I feel that something is wrong if a person feels that working is a solution to boredom or working is their only sense of purpose on earth. Working is a part of your life, it should not be your life. There is way too much to do and see in this world and in the country you live in to tell me you are so bored that you have to go back to work. That's an economic decision, not a boredom decision.
One dark side is if you fire early and all your friends are still having to work for another 10 or 20 years. Creates an interesting dynamic.
Good point Daryl!
So true. Make FIRE Friends…😊
We retired the first time at 30. Spent a lot of our time in Hawaii with older folks who had retired. There were no people in our age group to hang out with during the day. We didn’t have kids then but once we did , we worked part time. Best of both worlds.
@@peteandjadelucas3991 lookin for fire friends in chicago!
I already have no friends from working too much 😢
I can relate to the Sunday ...day before work situation😭🤣
every Sunday I feel like I need at least another day to just get to baseline
Right?! It's like you can't even fully enjoy your Sunday!!!
Me, too! Me, too!
I don’t have a challenging job or anything but I usually don’t sleep well on Sunday because I dread Monday.
After running my own business for 32 years, which was my whole identity, retirement has been really hard. I have become home bound and so bored. And suddenly I have health concerns after being a ball of fire. Learning to do less without feeling guilty is a daily challenge.
Totally agree. I’m faced with the same feelings. Working with a life coach at the moment to figure it out.
Get a hobby, my dad who’s 74 took up cycling & golf and he’s always out doing something. He’s busier than ever
OMG, you poor thing! Find some hobbies and activities to do with other retirees. Many retirees sit around all day, bored, doing very little, while others find group actives and other individual activities, and keep them self more then busy, to the point they are overwhelmed, and have to slow down a bit. If you want to feel relevant again, volunteer for an organization, and even volunteer to help with leadership, since that’s your forte.
It will take time, but you will get there. It’s a massive change, but you did it! Don’t feel guilty.
Is this an American thing? I feel guilty just asking for a normal bit of vacation time in a year. But it seems like in other countries they expect time off as normal.
But if you have a lot of time, the guilt can be motivating to fill your time with something. God put you on this earth for a reason.
Sunday night anxiety is a serious illness! It has developed into an all day situation for me. 😂
Yes mines starts at around noon and lasts through the wee hours of the night. Keeps me up all night and then I’m super tired on Monday. 😔
Yes! It's like the stress of the work week begins on Sunday!
😂😂😂😂
You need to do something to change this. Serious Sunday gloom is a sign that you are miserable in your work life. I've experienced it, and it's no way to live.
I reached fire and indeed it is true. I was available so much that I had too much time to “coach” my kids (drove my kids crazy almost, because everything I do I do serious as a business) and some days I just slept away or the thing to do was figuring out where I was going to eat. Conversation with normal people was difficult because they were always busy with something and I just relaxed every day, which felt awkward to say. At a certain point I started buying up houses that were in bad shape for renovation and renting them out to have something to do again. I must say I enjoy it … working because I want to.
I want to be financially independent not to retire entirely but to have more options.
I think I would still work some (family business) but I want the freedom and options that come with it. I have choice not to work if I choose to.
Start a business. Work with other businesses and start local. If you have the means (time/ resources) available. I plan to farm until I die.. happily and fulfilled. ❤
Thanks guys! Your constant focus on the postive money messaging is pulling me through the darkness of too much negative money messaging!
34 Years old here and retired early!
I can totally relate!!!
Although I was not able to retire early, I am trying to help my son to take the right shots towards financial independence as early in his life as possible.
Surprisingly, this clip explains some of the concerns that he has shared with me while walking the path! You folks are right on!😊
I’m positive that he’ll find this content very close to his heart; and perhaps relax a bit😅
I tapered down my work week to 4 days/wk (approx 3 yrs), then 3 days/wk (2 yrs) before retiring, and this helped tremendeously.
Great content as always. As always, nothing beats experience. Thanks for sharing these invaluable insights. Keep up the good work.
No need to call it "retirement"... it's the word itself that brings the idea of anxiety. Call it simply FREEDOM.
My husband and I retired early in November 2021 in South America.
We definitely miss calculated our cost for building a house here, with inflation, the materials doubled or even tripled.
We did run out of savings to build the house half way there, we spent our emergency fund to try to finish the house, and the house is still not finished! We had to start selling stocks at a lost last January to finish it.
We are no longer FI, so we got remote jobs. But even though it didn't work for us, it helped us to get off the corporate life that didn't allow us enjoy our family the way we are enjoying them now. In addition, we work in our own schedule and love it.
We can't wait to finish building our house, and start saving again to replenish our emergency fund and investments. But we will not stop working remotely since we love it.
How were you able to find your remote jobs to work overseas?
Maybe you should have built the house while being employed then retire after.. It's good to get big expenses out of the way before you fire.
Very good points! ❤. Great Sunday as always!!!
Thank you for a balanced perspective
Thank you for mentioning long term care; it's not something people think about enough (FIRE or not).
I work in a hospital and my job assists in discharge planning and placement. We have too many patients who have lived alone but are no longer able to physically stay in their residence, or are not safe to be alone anymore; many don't have any contingency plan for these situations, especially when family is not able/does not want to take them in to care for them. Senior living apartments, assisted living facilities, long term acute care (LTACs) are all VERY expensive, most cannot afford these options out of pocket, and medicaid as well as private insurances typically won't cover an LTAC (no insurances cover a senior apartment or assisted living facilities).
Love your videos, been following your journey for over 3 years now.
Aww, thank you so much Brian!!!
Great video! 👌 Very important points 👏
I had that conversation with a couple of friends who retired. So, to get out the type of psychology needed to ensure (increase chances) for a happy retirement that is coming soon for us.
Thanks for the content. I travel a lot for work and take extended vacations to travel. Travel gets old faster than people realize. After a few months we want to go home and settle down. So even a busy travel retirement schedule of a year to travel the world or a month or two per year, you’re going to be home a lot. The best advice I’ve gotten is to retire to something, not away from something.
It's important to have a realistic understanding of what it takes to achieve financial independence and to consider the impact it may have on our lives and relationships.
Very true!!!
What an important topic. Thank you!!
Nice video! You are right, everyone talks about only the positive side of early retirement and overlook the dark side.
It would be really helpful if you can make a video on health insurance for early retirees . Costs and other things to consider relating to health insurance.
Thank you!
Thanks for sharing these insights! The not traveling as much as you thought is so helpful for me to keep proper perspective around the lifestyle we envision. I would have totally been in the same position as you all.
Love this y’all are so inspiring
Sunday? What's that? 🤣 I retired from the US Air Force at 41 in 2021. I returned home to live in Jamaica. I can barely keep up with what day of the week it is. I'm actually saving and investing more now that my life is much simpler. Glad you brought up travel...I thought I was going to be traveling all over the world and living in different countries. However, there's so much to do and see here in Jamaica, I've been very happy exploring the island. I guess when I've seen everything here, I'll start checking out other countries. Based on the dark sides you both just shared, FIRE is still winning by a landslide. Those dark sides can all be fixed by making some minor adjustments. Great video, ya'll!
Just to add, travel is great but eventually age catches up. Those overnight flights sitting up and getting off planes down long stairways aren't as enjoyable as they were when I was 20!
Ohh! That is a great point!!!
Flights are exhausting, maybe slower travel in a van or SUV could be cheaper and less tiring.
A little nervous about getting closer to FIRE. Unknown territory! Nervously excited. Thanks for walking us through it. I love and look forward to my Sundays; spending more time with my family and friends…and visiting friends in Portugal. 😊 I’m not going to sit around and can’t wait for my son to be off and flying. Heehee.
The nervous excited-ness is good!!! :) See you soon!!! ❤️
I was hit by the travel expectations a lot more than I thought I would. Yes, I do enjoy travelling and do it more frequently than most people, but not all the time. It's nice to have a home to come back to and relax just as much as it is nice to go on a new adventure. I enjoy more balance of the two than what I originally thought I would.
Very good upload. Please consider addressing long-term care and estate planning while abroad. Do you have to deal with probate? I will do some homework of my own wrt trusts and wills outside of the U.S.A. However, I believe the information coming from you two will be beneficial.
I love being a solo traveler.
Thanks for the info! 😊🎉
Awesome Insights! Thanks Guys.♥♥♥♥
Great work, as always.
Thank you!
Love your smiles throughout the video. Wish you continue to be doing well. I'd rather to be FIKW (financial independence keep working); can't image not working for years.
What is the point of saying I retired early but I don’t have enough money to do what I want such as travel?? This is just stupid retirement and anybody can do it if you just stop working and stay home watching TV. You are now time rich but money poor! That is NOT early retirement this is a disaster!!
Kudos to you for mentioning long Term Care….curious to know how you addressed this risk?
Great points!
I was thinking about this the other day. Like when it is time did i do enough investing to actually retire?
But I feel ill know when the time is right. I've also always wondered about the family thing. My marriage just recently ended(its a good thing I'll leave it at that) I actually had a party to celebrate a new beggining. In fact I want to do a party every two years to celebrate life, achievements, and the people who make it great. This party was called Return of the King. In two years we the sequel will be called "Return of the King 2: The Emperor Strikes Back"
Thank you for making this video. It's always good to talk about the good, the bad, and the ugly(though there isn't much ugly about retiring early). We've never met but thank you guys for your videos which have in turn helped make my life great
Wow! I love that you have parties/celebrations of life every two years. Such a creative idea!
SO spot on!
Thank you!!!❤
My husband retired this year. First year was boredom getting to him. He is doing some work around the house, upgrading the ac, redid the backyard and unto the porch.🤣. He even did some finishing touches in the basement. Because he is bored. His friends are still working and there is only so much you can visit family. We have decided that we are going to start traveling at the end of the year. Hopefully that should help a bit. I was worried about him becoming depressed. I am glad he has something to look forward to at the end of the year. The good thing for us is that we are still be able to buy health insurance thru his union. But we have to get our own dental. Got my six month cleaning yesterday for $150. Will have to start looking for a dental plan soon. There is alot of adjustments to be had and mental stress is a big issue.
Grrr how cringe, why are spending for dental in the US. They are such a scam, a cleaning for a dental is $15 in other countries. Plus, save your major work, don’t do it here, they charge way more and their work is lackluster.
Spending more time together, that one will definitely slip through a lot of people's minds.
Thanks for sharing your insight. Another thing to consider is inflation, we have seen the prices of goods increase significantly in the last 12 months.
❤❤
Retirement for me will be being able to own my own time. It does not mean I stop working and do nothing. I want to still be able to go to work and do something that I enjoy.
From Oz, in my 60's, single, still working and generally had a good life with family, friends, travel and adventure. Six years back I took nearly a year off and cycled toured in Asia, Cuba, USA and Canada and that trip was one of the highlights of my life. Would struggle do the same now though being older, less fit and motivated.
Love this ❤
Great video! Have you thought about homeschooling? Our family homeschooled and were able to do school while traveling. We had a blast. I so appreciate you as a couple. I've learned a ton from you!
Actually, we have friends who homeschool also and they have quite a bit more flexibility for travel. But, we have basketball games and practice that keeps us here as well!
Fire financial independence and retire early wrong why??. Financial independents means the ability to choose, it's your choice, either to continue to work or retire early. To stop working full time and work part time, to work at something you are interested in rather than how much money you earn doing a job you possibly dislike.
To volunteer and work for enjoyment, the pleasure of being able to give something back to those who are less fortunate.
The key words are FINANCIAL INDEPENDENCE, once achieved you gain independence, that gives you the ability to make personal choices in life, rather than other people or circumstances dictating the life you will lead. Early retirement is a minor benefit, as it will be your choice when you decide to retire, the decision will be yours not someone else's neither will it be by age.
I can def relate to the Sunday anxiety!
Good points, I feel a lot of those. I did feel i neee lots of space when my husband and i were at home after early retirement. I got my office space and he.goes to gym to creat some distance.
Great video guys!
I was just thinking about your channel and wondering how it is going for yall. This is a pleasant suprise.
You've got each other and frankly, that's all that matters.🤷🏾♀️
3 years in FIRE, the hardest part for us was finding meaningful relationships. We felt like visitors everywhere or worse, viewed as tourists. I wouldn't give up FIRE, but there's no perfect life!
Thanks for sharing!
Hi guys, love the videos. I was thinking of moving to Portugal myself in a few years. Is it still a place you would recommend to newcomers?
Give me these problems over working anyday! 😅
So inspiring 🎉🎉🎉
thank u we needed this video
Thank you Dionne!!!
And here I am praying for FIRE 🔥 from the Holy Spirit to be on me and around me!
Great video!
Thanks for sharing the dark truths and giving us a more balanced perspective. 🧐 It's so important to weigh the pros and cons before committing to any financial strategy. Keep up the fantastic work, and I'm looking forward to your insightful content! 👍
Thank you so much!!!
I'm 54. Been financially free since 43. If you were a high fiver and socially high during high school, you might not be a good candidate for fire? I hated being institutionalized at public schools and corporations. i would despise prison too! Fire was a natural draw.
My wife and i would like to decide how much we work and if we need a break. Financially it doesnt make a difference. Retirement means choice of hours not no work
I have a ton of time consuming hobbies and look forward to being able to retire around 55 when my kids are off to university
Great points in the video! I’m curious, is all of your real estate paid off - or do you carry mortgages? (if you care to share or if any of your fans know)
Thank you for keeping it real and balanced guys ❤🎉
Retirement is the time to contemplate the true meaning of life beyond physical survival-it is the time to evolve.
This is very good advice. I’m retired with young children and we know what that’s like so we always plan around it when traveling.
I respect any one on a journey to live their most full life. For me, I'm most interested in the F.I. part of F.I.R.E so I can DO the WORK that I most enjoy doing. It's all about options OPTIONS OPTIONS! I'm really buying my own time back.
Could you tell us your top cities/states for early retirement in the US? Where would you live if you decided to stay in the US vs Portugal?
😂 Is that RUN DMC @ 5:32?
Loving it!
My concern about retiring early would be others' expectations. It's a very outward sign of one's financial situation. If people think of you as "rich," they often treat you differently. I suspect one expectation might be that we'd physically and financially take care of aging parents. FIL has hinted at this before. Don't get me wrong, I do want to help... But not to the extent it consumes our lives/resources. I like Whiteboard Finance's idea of "stealth wealth." Maybe we can secretly retire 😂
My goal is to achieve FIRE so i can then have the option of working, a small job a couple days a week will be fine, but not NEEDING a job is the goal!
Love you guys. Going to be in livon on 4/29/23 only 10-4 off a cruise ship. Any ideas on what Tj do. I found a food tour and a tuc tuc tour?? Weather!? Also will be in azires the day before. Any suggestions? Thank you much!!!
I don't understand why people is so anxious about retiring early. There is no big difference from retiring at the age society think you should retire, be it 65 or whatever. Same song, different tune. From one day to another, you don’t go to work anymore.
Thanks for telling it like it is. The Sunday scaries is something I will NOT miss when I call it quits. I can’t wait to reach FI! Looking forward to June!
I'd be plenty happy! I love exercising, hiking, aerial silks, yoga, reading and art. I could easily fill my own cup. Bring it on
Good points! I think your life will be so different!
The dark side to FIRE … “Sundays don’t suck anymore!” 😂 Love it, you guys are the best!
What a lovely couple! Just met the channel and already subscribed. Go go go to FIRE 🤩
I enjoyed your video, thank you!
I retired nine years ago, shortly before turning 56. Is that "too old" to have a seat at the FIRE table? If so, I won't comment here anymore. If not, I'd like to share some of my experiences as they pertain to the points you brought up, & maybe one or two others.
Either way, Cheers and All Best!
Thank you
I retired 6 years ago. We suvive on rental income, a micro loan business 1hr daily, and a financial book keeping my wife did 3hrs daily.
The dark sides we experiance,
1. friends & family borrows money from us & they cant pay back.
2. Family members thinks we can unlimited support & help their lives.
3. Actually lesser traveling then when i was fully working.
4. Have to keep good spending record even more cause we are building towards a old age fund.
5. Weekends Family members leave their kids with us. Thats extra spending and no personal time. Plus we have to come out all sorts of method to teach these kids.
6. Lost more friends then ever cause financial and time difference.
7. More time = more adjustment between me and wife.
Hope this helps.
That Sunday night comment really hit home. Now enjoying those evenings....
I’m retired and most of my friends are still working so not as available as me. I’m in between homes so I’m going to try Slow Travel for a few months. I going to visit different cities in the US and stay in an Airbnb for a month to enjoy the city. I’m going to invite my friends and family to come visit me for a vacation and I hope they’re going to show up.
I look forward to going to work on Mondays as I find Sunday really boring. I set my own schedule and also have some rentals. I don't want to retire full time
Happy Easter, guys!🤗🤗
My biggest regret is that I didn't retire earlier before F.I. Compounding would have hit my FI goals anyway. If you don't know what to do and you keep working...you just don't have enough imagination.🤣
Sometimes people just need to get creative! :)
Good summary of what to expect! 25 years ago, I retired at the age of 50. I thought I had considered everything and budgeted conservatively. I didn't need to touch my nest egg until I had been retired 17 years, after enduring overwhelming out-of-pocket medical costs caring for three elderly family members and myself - including in-home support services. I wish I knew everything you presented in this video 25 years ago.
If you retired 25 years ago at the age of 50, you're 75 now? I'd love some advice if you don't mind!
I'm 16 and seeing what's expected for my generation and I's lives are ridiculous with massive homes, new cars, 9-5s, and an overall dependence on the banks and our employers living paycheck to paycheck. I'm curious when you started your path towards FIRE? I've seen a lot of adults and teenagers fall into the trap of trying to impress others with "stuff" (new cars, new houses, new clothes, etc) did this happen to you?
If you're interested, my current plan is as follows. I'm heading into remote (work-at-home) Video Game Development with my girlfriend I've known for roughly 5 years. We both have very few concerns about our relationship and see its emotional & financial value. Any concerns or issues we're able to quickly resolve, unlike some adults which is concerning.
We're planning on living in a skoolie (a school bus that's been converted to an RV, can cost as low as $12,000 more likely $25,000) and I'm confident we're able to cut cost of living as low as $15,000, maybe even $10,000 or, much less likely, as low as $5,000. Mostly by living on public land and cutting water, electrical, and food costs (using less water & electricity, making our own electricity, having a garden, avoiding eating out).
I'd love to hear about your journey and as someone young heading into the world, advice and criticism!
@@nunuvyurbiz123 ...thankfully my mother and step-father do not need financial help. But if they did, there are 6 of us who can all share financially of helping out. My mother said we have the best situation where the children do not need to help the parents and the parents do not need to help the children any longer.
Do you get all the workbooks with the master course? Looking to retire in the next few years and move to Lisbon. There are 6 families (6 moms & 8 kids that are going and I am getting impatient)
My original retirement plan was to retire at 62, work part-time, and save money. However, high prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.
Hello , Thank You Good Video.
Now I am Retired in Finland, I am 58.
Later I Retired in Thailand.
Retired 4 You.
I wish I had these problems. I think the key is planning your second life. Passive income sources, passion work, volunteering, finding like-minded community etc.
Just what I needed to watch.
My wife and I are directors of our farm business and own property, plus small pensions. I am nearly 55, my wife is 52.
We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.
I was in Portugal 2 weeks ago and I was on down low hoping that I would see you😂!
Great list! I’d add that people need a plan for what to do with their time. Too many people retire and then find themselves “lost” because they don’t know how to consistently fill their days.
Yes! Such a great point!