4 Must-Have Retirement Assets: Most People Have Just 2 or 3

=== Azul's "Scammer" Warning & Disclaimers. PLEASE READ!! ===
Be careful of scammers. In the comments, I will NEVER suggest you contact me, offer any investment products, recommend an adviser or anything similar. Some scammers ask for investment help in the comments and later, other commenters post how "great that idea/investment/person is" in the replies. This is a scam. Do not fall for it.
MORE FROM AZUL:
Twitter: / azul_wells
Essays: www.azulwells....
NEED FINANCIAL ADVICE?
1) Google "fee-only financial adviser" or visit www.NAPFA.org
2) #1 question to ask any financial adviser is "Are you a fiduciary to me 100% of the time" Get the answer in writing
3) Please note that some people call themselves "fee-based". This is NOT the same as fee-only. Fee-only advisers have committed to being a fiduciary to you 100% of the time.
4) Speaking just for myself personally, I would only hire an adviser who is a fiduciary to me 100% of the time. This is not a suggestion on what you should do. We are all different and I do not know your personal situation.
MY VIDEOS ARE NOT FINANCIAL ADVICE (Disclaimer):
This information is provided to you as a resource for informational purposes only and should not be viewed as investment advice or recommendations. To get professional financial advice from a fee-only financial advisor near you, please visit www.napfa.org.
The decisions on how to invest, when to retire and other financial planning topics are some of the most important financial decisions you will make in your life. I urge you to seek professional financial advice as you make this decision. Ideally from a financial adviser, AND a CPA AND an attorney. Having the perspective of all three professions will help you make the decision that is right for you and your family.
This information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor may NOT be suitable for all investors.
This information is NOT intended to, and should NOT, form a primary basis for any investment decision that you may make. Always consult your own legal, tax, and/or investment advisor before making any investment/tax/estate/financial planning considerations or decisions.
I don't believe in "get rich" programs. Rather, I believe in doing your homework and working with professionals who are a fiduciary to you 100% of the time.

[@NicholasBall130]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

[@StacieBMui]

True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

[@LiaStrings]

In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.

[@TylerJamestown]

Could you possibly recommend a CFA you've consulted with?

[@LiaStrings]

The advisor that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name. She's established.

[@lolitashaniel2342]

Thank you for this amazing tip. I verified her and booked a call session with her. She seems Proficient.

[@alreidy17]

Really agree with you as far as the social aspects go- don't aim at isolating yourself. Good family relationships are a big part of what makes life worthwhile.

[@shannonmackenzie7261]

I’ve subscribed to your channel not just for the financial advice but mostly because of your general life perspective. Thanks

[@carlmay8314]

Why wait for old age to live? Why not have mini retirements throughout your life. If you sacrifice everything for when you say turn 65 you may not make it. The 2 most important things are your health and time which no-one knows when that ends. How many people have worked hard and given up everything and a few years after they retire they have a heart attack etc. There needs to be balance. Like Steve Jobe said "if you don't eat your food as medicine when you get older your medicine becomes your food".

[@DebDevgan]

Late to the 'party' but wanted to say that 'RR' comment 'Right' vs 'Relationship'. Coming from a 'high achiever' community/culture, the expectation was to always be correct, however, that works in business not so much in the personal. Simple but something that can be so automatic in our personalities. Thanks for 'bottom-lining' it! Appreciate that you sharing your wisdom, didn't have a home with a lot of financial discussion at the dinner table, or elsewhere! Cheers.

[@martinaston1715]

I am making this comment from a UK perspective , I knew I had a pension , a property paid off , but also looked at the stock market , planning in case of a crash/dip when I retired which ironically is what happened , so am now living of savings for the next 5 years to allow the Market to bounce back , that’s what I,m hoping anyway at which point I will switch to living on my pension ,which should have recovered a bit by then, however and here’s the point , make your best plan and then get on with each day ,enjoy to the full as so much is out of your control, Life is not about what you lose .its about what you win..

[@jcampbell2481]

Its important to have correct Asset Allocation. Your age in years represents the portion in percent that you should have in cash/cash equivalents. Example at age 60 you should have at least 60 percent of your savings in cash/cash equivalents. That means you should only have 40 percent in the stock market. This keeps your risk in balance.

[@billyjohnson9166]

Retired at 49 and never looked back. I’m living the life

[@AzulWells]

You are living the life Billy! Thank you for taking the time to come at, and share your happiness with your decision/experience. 😎 Azul

[@kevind8752]

My wife and I retired two years ago and built a new ranch house with a 30 year mortgage at 2.87%. Monthly net income is higher than our working days; no HSA or 401K deductions. Net worth $2.3MM. If we can afford the monthly mortgage, no need to be debt free, IMHO.

[@miragexl007]

The restaurant thing. Very funny. I always waited for the wife to make her choice, when we actually went out. She usually got the top of the line, filet minion etc. Always seem to be the most expensive??. L o l. I know. It was a treat.... But then I'd order like the cheapest thing I could like chicken breast or something. Took her years to catch on to what I was doing.. she was a little upset.. Go figure.. I'm starting to break out of the shell now at fifty and being quite financially secure. I've missed out on some good meals. LOL. I'm still only getting water. Drink prices are ridiculous..

[@TOMG12XU]

Health & Time two things that you cannot buy.

[@catsamazing338]

Good health has got to be No 1

[@evelyne7071]

Thank you.

[@JamieElgie]

What ski resort do you live near?

[@franciscuslaurie]

These include employer-sponsored plans like 401(k)s or Bitcoin, Stock, as well as individual retirement accounts (IRAs) such as Traditional or Roth IRAs. Contributions to these accounts are often tax-advantaged, allowing your savings to grow over time. It's advisable to contribute regularly and take advantage of any employer matching programs.

[@boleslavfrantisek]

Investing in stocks and bitcoin can provide potential long-term growth and income. Stocks represent ownership in a company and can appreciate in value, while bitcoin are fixed-income securities that pay interest over time. It’s advisable to invest with a professional like Mr Jeffrey Alby Holmes

[@odalysaltagracia]

It's fascinating to hear people in the same area discussing Jeffrey and his investment platform. The fact that multiple individuals have firsthand knowledge of his platform and speak highly of his services suggests a strong presence and a trusted reputation.

[@sarahgoerge]

Who is this man everyone is talking about, and how do I reach out to him? I'd like to give him a chance.

[@boleslavfrantisek]

Search about him

[@boleslavfrantisek]

Instagram

[@ClementRusso2]

The market crash and high inflation are stressing me about retirement. Despite the challenges, I know investing is a long-term game, so I'm staying focused on the future.

[@AlexanderDanielley]

I agree. Despite early setbacks and losses in the market, I re-entered in February 2021 with guidance from a recommended investment advisor. Fast forward two years, and I've gained over $720k in profits.

[@jonscrivner9087]

The market is close to all-time highs. This is the first time we have seen inflation in 40 years. You can't live like there is no tomorrow. If you're just getting started on your own, I understand. If not, this is a real-life lesson. Goodluck.

[@schadlarry]

A paid off house, a paid off reliable car that will last the rest of your driving days, ability to fix most things (thanks youtube), and modest needs and wants.

[@KC-dr3cg]

You cannot depend on the car lasting you the rest of your driving life because accidents happen hurricanes and tornadoes and fires happen

[@schadlarry]

@@KC-dr3cg Depends on the car. The shit out today, you're right no way. I bought my 02 Tacoma new and never thought that would be my last car. 278K later still running good. Just needs to last me another 20 years. Do most the work myself and if the engine goes, just get another one for around 5K which is much less than the 50K they are going for now.

[@silverturd4421]

​@@schadlarry : Yup. 02 Tacoma regular cab 5spd here.

[@PH-md8xp]

@@KC-dr3cg When that happens having a decent insurance policy helps, but yes, sh*t happens and you have to be as prepared as you can for when it does happen.

[@PH-md8xp]

Amen to that. 💯

[@danc2426]

Stay out of restaurants unless it’s a special occasion…I bake and cook beautiful and healthy meals at home . Low sugar, tea, filtered water and no alcohol. Love dark chocolate 😊. I also train 4 times a week..stretching-core-strength and cardio. I’m 62, survived stomach cancer and can fight a 8 round bout anytime. Keep life healthy and stress free my friends !

[@greensorrel6860]

Very good advice

[@trazzpalmer3199]

In my opinion, investors ought to prioritize under-the-radar stocks, especially given the volatile nature of today's stock market. With 35% of my $270k portfolio tied up in declining stocks that were once highly regarded, I'm feeling lost and unsure about how to proceed amidst this turmoil.

[@g.t.richardson6311]

@finestbearhug2951 the fake three name advisor spam

[@oneiljerry9460]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to

[@alexyoung3126]

Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.

[@bobbymainz1160]

I stopped listening and taking financial advise from these KZbinrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice.

[@bobbymainz1160]

My consultant is Lisa Angelique Abel She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.

[@BenjaminMcLeod815]

A Financial Planner told me Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?

[@Robertgriffinne]

Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses

[@PhilipMurray251]

I stopped listening and taking financial advise from these KZbinrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice

[@Alejandracamacho357]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@PhilipMurray251]

My financial advisor is NICOLE DESIREE SIMON. I found her on a CNBC interview where she was featured and I reached out to her afterwards. She has long helped me with my portfolio and is exactly what you need right now.

[@Alejandracamacho357]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@EatDrinkBeMerry]

Mid 40s, a high school dropout with a GED, no higher education, no fancy 6-figure job. Live in a LCOL boring very small Midwest town. It’s easy to save money when there’s nothing to spend it on. Started a 401k in 2004 with just enough contributions to get the full employer match. Opened my Roth in 2009 and maxed it every year since. Rolled over a 401K and converted most of it to the Roth. After the remaining $30k is converted, the Roth balance will be just shy of $200k. Have a Simple IRA close to $100k and have a brokerage with $160k. I’m hard on myself in general. I’m uneducated and don’t feel good about it. Seeing my financial achievements helps me feel like I’ve done something right. Losing a grandparent when I was young and witnessing a parent have a heart attack in his late 40s helped my focus on health for the past couple decades. My doctor says I’m exceedingly healthy on my annual checkups. He says he doesn’t see numbers like mine. I exercise daily, read food labels, don’t eat out regularly. Azul’s vids have really helped me realize that I have a lot to be proud of. It’s easy for me to dismiss it all, but in reality I need to pat myself on the back and acknowledge my hard work. I’m pretty sure my wife having close to 3x my savings is part of me underselling myself. Working on the friendships part. It’s hard to make friends in a small town. I got my eye on the prize. Thanks, Azul.

[@ZeeFrankensteel]

You may be ''uneducated'' as you say, but you're head is really screwed on right! This trumps any education.

[@JohnFisk-OHS-78]

Wow. If I lived in your town, I'd walk over to your house and shake your hand. You have done so many things right. Kudos.

[@jakejake7289]

Dude you say you're uneducated but you sound smarter than a lot of college graduates I know. Keep up the good work!

[@kimberlygorgoglione9237]

You are not uneducated. Lots of people are really dumb and they have all k8nds of degrees. Just look at Biden supporters .

[@jakejake7289]

​@kimberlygorgoglione9237 You spelled Trump wrong. No wonder tRump said "I love the uneducated". MAGA = morons and gullible @holes

[@danbgt]

I planned to retire at 66. I “retired” two months before my 64th birthday when a guy from “upstairs” walked into my office and said thanks for your service. You’re done. Leave. Luckily we were prepared financially. We had a large retirement nest egg and no debt. House was paid for. I had said for years that when I retire, I’m going to “do what I want to do”. I discovered that I had not clearly defined that. It took a few years to feel like I had a life. So my advice. Define what you are going to do.

[@mm669]

I'm afraid same thing may have happened to me. I got laid off at 60.5 years. Biggest unexpected expense is my COBRA health insurance, $808 a month, and I am perfectly healthy! I'm to young for SS and medical. I have great in demand technical skills but age discrimination is real. Anyway, I'm willing to hustle so I'm just going to keep positive and hope something comes up. I'm just grateful I have been living frugal for a long while now. Only downside, is there is not much fat to cut in my budget with this unexpected lay-off.

[@gdpope52]

Exact story my husband had… like you we were in a good spot but we did not see his early retirement coming. He had worked there for 40 yrs. Never missed a day…

[@vilmaaponte3380]

@@mm669wishing you much success

[@pistopitpit]

Playing video games.

[@danbgt]

@@pistopitpit 😂😂

[@RaphaelSafr]

It is always good to have a financial plan. I work with a professional planner and a fixed-income strategist in NY. the fixed-income portion of your portfolio won't simply serve as a buffer to the volatility of the equity portion of your portfolio but will provide legitimate income.

[@RaphaelSafr]

Some people fail to understand that the role of a financial advisor can never be downplayed.

[@Riggsnic_co]

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.

[@LisaEgan78]

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

[@martingiavarini]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000

[@bob.weaver72]

Mind if I ask you to recommend this particular coach you using their service?

[@martingiavarini]

'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@bob.weaver72]

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

[@Old_Sailor85]

Retire as soon as you are financially able. Tomorrow is not guaranteed. Enough 12-16 hour days, overnight trips for work, getting up at 4:00 AM, getting phone calls all night. Enough. I realize not everyone has that kind of job, but you can only do that for so long. No matter how good you are, you will be replaced tomorrow. The company will go on and forget about you soon.

[@Ink30]

Facts 💯 I'm so sick of the grind rat race but it seams like I will work forever cause it takes so much money to retire

[@bethmiller4269]

So true! I always felt like a rat on a wheel, that couldn't run fast enough.

[@hankmarks69]

Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?

[@Nernst96]

as most investing-related questions, the answer is, it depends.. my best suggestion is to consider advisory management

[@Dannyholt33]

Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around $300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.

[@mikeroper353]

@@Dannyholt33 Could you kindly elaborate on the advisor's background and qualifications?

[@mikeroper353]

@@Dannyholt33 very much appreciated, your response suggests a person of benevolence.. just inputted her full name on my browser, and came across her site, top-notch qualifications! she seems well-qualified

[@Evelyn32423]

It's hard to remain in the top 1% with the way the market has been behaving this year. My 401(k) and personal portfolio are still declining, even though I have only few years before retirement. I have lost over 35% in the market, and now I'm desperately trying to improve my portfolio. How do I turn tide around?

[@Hudson367]

The market hasn't been good this year, but it is important you find stocks with market-beating yields and shares that at least keep pace with the market long term. You don't have the luxury of long term advantage, so I suggest seek guidance from a broker or financial advisor

[@Scarlett34568]

I agree. I diversified my $400K portfolio across various market with the aid of an investment advisor, I have been able to generate over $300k in net profit across high dividend yield stocks, ETF and bonds.

[@Hazel5063]

Wow! This is great! How about you recommend your financial advisor, please? I could really use some help.

[@Scarlett34568]

The coach I use is actually quite known, and her name is CATHERINE MORRISON EVANS. She has a contact website, so you can just search her online because I cant't drop her number here.

[@Hazel5063]

Thank you for this. I'm gonna check her out and try to reach her. I hope she gets back to me before my portfolio is completely gone.

[@bernie9728]

I retired 7 years ago at age 62. To date, we have not touched our investments, or our savings. We are having no issues with just Social Security. We pretty much can do anything we want any time we want without any money worries. The key for us was being debt free when we walked away from work. Debt is the retirement killer. I hear it all the time from people who want to retire, but can't because of their level of debt. Do the math and put a plan in place to be debt free by the time you walk away from work. Your future self will thank you.

[@anthonybutler3157]

Well said. It is being debt free that allows us to sleep well.

[@jtidema]

We've been debt free since before we were 40, and that made working a much better experience. We were able to do what we enjoyed because the money wasn't a chain keeping us in an unhappy job. I switched roles in my company without worrying, and my husband moved jobs because of a nasty boss, and we were both much better off. Also everything we were paying towards debt became savings and investments at that point. He retired at 59 and I'll work as long as I still love it.

[@bobpoland6042]

That is fantastic! I am retiring in Nov I turn 62 this month. My SS is high enough and we have no debt that I will actually be able to continue to save and invest :-). I always say you dont need money today, next week or even next year. You need it when you are old and have to pay to get your lawn mowed because you can't do it...

[@notbarbie582]

We were obsessive about prepaying our house. Succeeded in buying our freedom. You will never sleep better than in a paid off house. That made the rest of our finances much easier.

[@grannygoes7882]

See that is what I think we'll be able to do and it's nice to hear from someone who is doing it. I've never believed you needed 5 mil to retire or even 1 mil. We can easily live off my husband's gov pension and not touch our savings/investments unless something catastrophic happens. We haven't had any debt in 20 years. We pay cash for our vehicles and drive them till the wheels fall off. I like living a frugal lifestyle. I have no desire to travel the world. I have traveled and enjoyed it but I live in paradise so have no need to go anywhere. I'm just trying to plan for the "what ifs." I've had people tell me that a serious illness like cancer or heart disease can wipe out everything. I want to know how that happens when you are on medicare or Obama care. If someone could tell me I'd appreciate that.

[@ynnekgreb]

I retired 4 years ago and thought this was right on point. The only suggestion is to add a 5th: Be involved in a cause you feel strongly about and give back in some way. Be available to help others in some way.

[@sagora3114]

Yeah...very well said

[@utpharmboy2006]

word

[@shuki1]

So important even before retirement but definitely much more after retiring. I see a tremendous difference in vigor and happiness in the older people I know between those who are active in volunteering and giving their 'free' time to social and community endeavours and those who just hang around relaxing.

[@duncanhill3953]

Hello Ken you are so on the money. You must have something beyond yourself.

[@ynnekgreb]

@@duncanhill3953 I’m just grateful to have a pension funded by tax dollars so I want to give back.

[@lizhernandez5152]

Hey Azul. I’m 21 and learning so much through your videos. I love your outlook and practical advice on life.

[@CheckThisOut77]

RE: Finances. You have the #1 most important factor to build financial security…time. FORCE yourself to set up an auto-draft from your bank account every month. Put it into conservative mutual fund(s). Fidelity can set it up (no charge). Treat it as a must-pay bill and forget about it.

[@dorissteve912]

Retirement is wonderful if you have two essentials - much to live on and much to live for. Invest wisely and get good returns.

[@yuikiyoshi1248]

thank you, can you give a pointer the best investment now ? i am thinking of getting stocks or cryto

[@dorissteve912]

The key to making money in stocks is not to get scared out of them. An important key to investing is to remember that stocks are not lottery tickets. get a financial assistant

[@dorissteve912]

I currently work with KATRINA VANRENSUM a financial expert i met in a seminar

[@dorissteve912]

I have been able to make maximum profits off my trade with $40,000 and I have amassed about $190,000 in net profit In 4 weeks

[@dorissteve912]

search her name on web to reach her through her website

[@De-tw7by]

Divorce is killer for every men. 85% divorce are initiated by women. Menopause is a deadly zone when they dump men for financial gain. Marriage and most risky investment and risk to reward ratio doesn't worth it.

[@PH-md8xp]

I’d say if I had to order those 4 things - health would be #1 , because without it, most other things wouldn’t matter as much.

[@KiyosakiSays]

“Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.” - Robert Kiyosaki

[@nanniecath528]

know plenty of so called rich people who acquire things which are huge liabilities - all for show and to keep up with the Joneses.

[@bt6850]

Think if you’re a fan of old Robbo you’re watching the wrong guy old mate!! 😂

[@cconnon1912]

There is more than one way to retirement. Robert became financially independent by writing a book. It’s hard to take advice from people who got rich, but then say do as I say, not as I do. Dave Ramsey too. Robert says take risks don’t build a nest egg. I do like underlying themes, don’t mortgage things to look rich.

[@discoverglobeliving]

I retired 3 years ago and thought this was spot on. My only suggestion would be to add a 5th point: Get involved in a cause you're passionate about and give back in some way. Be available to help others when you can.

[@martinparmer]

One of the best pieces of retirement advice I ever heard was about having hobbies/activities that you like to do. Once you retire, you need to have activities you enjoy to look forward to doing every day. Is it taking a walk? Playing music? Travel? Crafting? Volunteer work? You really need to have 4 or 5 of these. Otherwise, you'll get up some days with no idea of what to do with your time that day. I don't believe any of us really want that. I retired at 59.5 mainly because I wanted to have a few years of good health to do things I had never done in my working life. Now 5 years later, I've done a few of them but have many more to go.

[@Spork123able]

Good advice, you don't wanna be a couch potato.

[@robertpulvermacher6305]

We retired 4 years ago. We paid off our home and all debt. Being debt free with a steady monthly income (military pension and SS) takes a load off our minds. The biggest benefit, which we didn't realize at the time, of a 20 year military career, is the medical/dental/vision coverage. We've been married for 43 years and thought retirement would be tough on our relationship, but it has improved as we get to know each other even better . We are both healthy, I tried to workout at least 6 days a week and eat right. We try to make the most of each day with family and our livesl God bless America.

[@Rottingboards]

My wife and I take an old cooler with us on travels. It's easier, cheaper, and healthier for lunch. We do eat out at dinners to taste the local cuisine. Not that we have to save anymore money for early retirement but it adds up. Millionaires eating out of an old cooler at a roadside park...that's how we financially got here with good health.

[@TheHavocdog]

To this day even though we are baby step millionaires, we still take a cooler along to hold drinks, snacks, and sandwiches. We occasionally stop to eat at a restaraunt, but only about 40% of the time.

[@WhyTheHorseface]

Travel when you’re young! Make it a habit! If you don’t, if you save and hope to travel when you’re older or retired, but you don’t get into that habit of taking vacations, you will never do it when you’re older. Also, maintain out of state family connections if you care about your family! If you get out of the habit of seeing your parents or kids who live out of state, they will disappear from your life for good.

[@me4g862]

who cares if you don't travel...and if you must, you can "travel" for free in your mind on youtube

[@udavidism]

1. Financial security 2. Relationships 3. Health 4. Time There I just saved you over ten minutes of your time.

[@SantaBarbaraAlberto]

Disagree. Money and friends disappear if you have an illness. Number 1 and most important is HEALTH. Can't buy, make it, or inherit it.

[@sammencia7945]

1) Financial security 2) Good relationships 3) Good health 4) Enough time 1 & 4 are relative. Based upon attitude.

[@bethmiller4269]

Best advice: "Take care of yourself for your spouse." (physically, mentally, spiritually and financially) "Make food your medicine so that medicine won't be your food."

[@jamesmaduabuchi6100]

I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.

[@jessicamamikina7648]

I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?

[@wilsonjudson1650]

There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts

[@jamesmaduabuchi6100]

I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?

[@wilsonjudson1650]

Definitely! All of this happened in less than a year after *STEPHANIE KOPP MEEKS* told me what to do. I started with less than $100,000, and now I'm about 18,000 short of having a quarter million dollars!

[@jamesmaduabuchi6100]

She appears to be well-educated and well-read. I just ran a Google search for her name and came across her website, thank you for sharing.

[@mikemerrill175]

Best thing I did was start my own business at age 27. Even with some major set-backs along the way we were able to travel, own big toys, live in wonderful homes, and still be able to retire at 62 with enough to never have to work again. Turned out however that we love work and stayed retired for less than a year before starting a small 2 person business. Now at 71 and solo as my beloved wife recently passed, I’m still working, working out, and riding my motorcycle periodically. Other than missing my sweetheart, life is good, well except for housework maybe😁

[@Bronte-on6tm]

So happy to see that you are living a good life.

[@pauledwards5607]

Sorry about your wife man...

[@skaterkraines2691]

Sounds like you need to hire a maid 😊

[@Tom-tk3du]

I'm sorry for your loss, Mike. Same here. After she passed, I retired early too. I'm only just now getting back into the dating game in a serious way. Also just started another business. Must say, I'm enjoying being back in the saddle...the past few months since starting my current business have been extremely stimulating. If you really love what you're doing, just do it. But I also make time for my hobbies. I kind of "retired in reverse", traveled the world, etc for several years....and now I'm rested and energized to get my business off the ground. Staying busy with what you enjoy keeps you young.

[@sbirdranch]

Well, I have all 4. I met my goal for age and the figures are all very positive. Why the hell am I still working? I'll tell you. Health insurance and bankers. I'm 55 so I have to buy my own insurance and that is a massive cost. And bankers because I need to sell my house and move someplace smaller. Bankers are easier to work with when you have a job. Sigh. So now I have some new tasks and goals.

[@SKBottom]

Instead of FIRE, I think it's smarter to go with FINE. Financial Independence Next Endeavor.

[@Joeladgra]

My neighbor never did anything and was very frugal retired with couple of millions but the man passed away due to sepsis and his wife has dementia now and not even knowing how much she has and what goes on with her life. Her children handle her money. There should be a balance in everything.

[@annn8389]

My neighbors are doing well financially but they scrimp and save for their 2 grown kids. The 2 grown kids are in their 30's and fully employed. The wife walks around looking like a bag lady. They don't travel much and eating out is rare. Who am I to tell them what to do with their money but working their whole life and now she is a recluse while the husband engages in sports. To each his / her own but watching their lifestyle gives us an incentive of what not to do in our retirement years. Amen to that

[@mikehuffman8208]

Focus on health and relationships, we're all going to need that more than money ... as the rest of the world is dumping the petrodollar, the USA is in deep chit. Sobering to think that being worth a few million doesn't mean much these days, thanks to the Fed wrecking the markets, causing the meltups and distortions, and now inflation + recession. All by design, though.

[@bill648]

I agree with some prior comments: paid off house, paid off car, no other debts including any loans or credit cards, live or move to an affordable state/place with low taxes. Have reasonable expectations and live within your means. Not rocket science.Easy to do? Of course not!

[@MrMensa141]

Do not drink anything other than water!!

[@JimmyLovesMundo]

I've been retired for four years now. I was a firefighter in Las Vegas for 30 years, and so I have a great pension. I've also saved my entire career and have a decent sized egg from my tax deferred plan that I converted to an IRA after leaving the job. In addition, I moved to the beach in Mexico where I enjoy a much easier, cheaper and stress free lifestyle. I'm 56 next month and I feel that I have attained a great position for this chapter of my life. I use most of my time traveling the world, having unique experiences and enjoying friends and family. What more could I ask for, really? Loved to video, keep up the great content!

[@genxx2724]

Are you single or divorced? I’ve noticed some men say “I, I, I,” when there’s actually a wife in the picture. Asking for a friend. 😆

[@peteshallcross787]

Were you a football coach too? Did you do commercials?

[@sagora3114]

Absolutely awesome sounds good to me well done

[@vincentmackay4927]

Jimmy I would like to see a lot of places in Mexico but I'm wondering how safe it actually is. Do you feel safe where you are?

[@JimmyLovesMundo]

@@genxx2724 I was a firefighter… highest rates of divorce other than cops. I’m divorced three times, wife #2 took a chunk out of me financially, but I still survived

[@user-in1zb4vg9r]

#1: Health - without health you have nothing. #2: Friends and family - you can rely on them when you have no money. #3: Money Unfortunately I will be giving up my friends for a long time, as I plan to travel long-term in early retirement. Hopefully I can make new friends on the road, and reconnect with my existing friends in the future.

[@thuymientran6676]

Absolutely, in this order, for without health, you don’t have much of a quality of life to do the things you enjoy, go places you haven’t been, eat the food you haven’t tasted.

[@AzulWells]

M, thanks for posting this summary and for sharing your future plans. Enjoy your long-term travel. I worked remotely for several months at a time. My experience is that with FaceTime and digital messaging, I was able to keep up with my friends. Safe travels … Azul

[@arandompersonp9883]

Just retired six months ago, full retirement age was 66 years four months, but waiting to take My SS until next year in 2024, looking for the 8% increase and the COL increase that might be around 3%. as I was the higher wage earner. Not going to wait till 70 though. No worries, no debts. Still healthy and blessed with a wonderful spouse and family.

[@hobbyfarmer1452]

My tips are: 1) Financial security: a fully paid house, reasonable social security income without touching IRA. 2) Health, disease free. Eat healthy, plant- based, sugar free, exercise daily; 3) a serious hobby. Watching your plants grow, garden bloom, wild birds singing and dogs and cats hanging around are the most rewarding and relaxing things. Relying on anyone for happiness is like tying yourself to a rock. When it rolls, you roll. When it sinks, you sink.

[@Growing-Our-Retirement]

Thanks Azul, Enjoying your videos, your candor and wisdom! We can all learn a lot from each other. I do the menu like you do, lowest up to what I like. Meals are the ultimate depreciating purchase!

[@Xtramedium1961]

One comfortable pair of shoes and one comfortable bed is all you need because if yer not in one then yer in the other 🇮🇪

[@lorrainep6802]

As my mom used to say, “When you have your health you have everything.” All the others are easier to get as there are many options out there for the rest - money, relationships, eating healthy & exercise.

[@manasseh7]

Health is wealth !

[@AzulWells]

Your mother is a wise woman. 😎 Azul

[@yarnchickenkim]

My mom died of cancer six months after retiring from teaching at age 60. So I agree that Health is #1. And that includes physically moving every day.

[@jameyfrank]

Thank you for talking about non-financial resources! We are 59 and 67, annd opted to retire to Portugal now because we have our health, we have enough finances, we have time, and we have the energy to do so. And the cost of living here is about half of what it was in California. We are working on building relationships, and the Portuguese are extremely welcoming, as is the expat community. In the past two years, unfortunately, we lost 14 people to various illnesses, some of which were significantly younger than us. So it’s important not to work until you’re unable to work, and instead take time now to enjoy what you want out of life while you can.

[@pierrealainperusset]

Good points. I became vegan ( plant base only, low salt, no oil, no animal product) 5 months ago ( i am 64). My cholesterol dropped 34% in 3 months, is perfect now. This seem to be proven as the best diet to continue life in retirement and try prevent issues such as heart disease, diabetism, cancer, prostate, etc. Many great audio books on this subject including the China study from PHD Campbell amongst other great doctors part of the physician committee. I already listened to 12 different books on this topic. Love this way of eating. I am ready for healthy retirement.

[@govinda102000]

Truth. Most valuable asset.

[@susangrande8142]

The “China Study” is not good science; the “facts” in it were cherry picked to support the authors’ theses. My mother, brother, and SIL adopted that diet years ago. My mother died of pancreatic cancer a couple years into that way of eating (in 2014). Brother and SIL still eat that way; veganism cannot support a human body in the most healthy way. It’s missing several crucial nutrients, including animal fat, B12, complete and bioavailable protein, and bioavailable vitamins and minerals. The human gut cannot derive nutrients from the fiber in vegetable matter. There is NO real evidence that heart disease is caused by LDL. Your body makes cholesterol, because it’s necessary for a human body: your cell membranes and brain are made of it. There was finally a good scientific paper that refuted that alleged correlation that was published 10 years ago; Big Pharma doesn’t want you or anyone to know about that. MDs are behind in their treatment of their patients about “high cholesterol,” which is actually not dangerous. Please pay attention to this. 🙏 P.S. my brother and SIL have now been eating “Forks Over Knives” vegan for at least 10 years, and they have health problems, including loss of muscle mass, low energy, “fiber poisoning” (my brother’s term for how his gut is very irritated by all the fiber in the diet), mental fog. They do not look completely healthy. They both have a kind of hollow, vague look I associate with vegans, that I’ve seen in other long-time vegans. And this is just what I see about them. The FOK diet is probably better than the SAD, since it eliminates “vegetable” oils, which are highly inflammatory. Unfortunately, plants contain lots of toxins, including antinutrients. Look up oxalates in spinach, potatoes, almonds, whole grains, etc., for example. The human body needs the complete protein of animal flesh, and the other highly bioavailable nutrients in it, including the fat. The human brain needs that animal fat to be healthy; it’s what fueled our ancestors before the agricultural revolution 10,000 or so years ago.

[@nicholasbattaliou5882]

You are so encouraging to watch. Thank you for the sound advice. Was retired at 45 from the architectural profession, the 2008 banking crisis. Never went back. Rented rooms in my house, fixed up another that I had bought and now quietly live a simple life of EU travel, humble living, eating and walking. Now that I'm 59 soon, things are moving on. Health has become central to happiness. Relationships too. I hear your sensibility loud and clear. Time for a cheap week in Istanbul. It's amazing to realise how little we actually need to live on.

[@kingdomfor1]

Yes ,Once you have no mortgage, it's very easy to live a comfortable life , as you say , live a very simple life, that's what I do.

[@thainaaier]

I am almost 51 now and thought 50 is too young to retire, so I thought maybe a few more years… but seeing your comment is encouragement to stop thinking too much, and just do it by 2024 (age 52)

[@goodenoughgirl8102]

Love this. Maybe you are my brother from another mother? Ha ha. Kidding. I’m 55 and so true. I’m there now lol. Renting rooms in my place I live in and no debt. I don’t have much to speak of “on paper” but yet I seem to have plenty at the same time and don’t have debt either and I’m as happy as I ever was. Although I def think I’m ready to not live with a bunch of renters anymore pretty soon tho. It’s def true tho. You really don’t need that much at all if you just live a simple kind of life. And it’s also so unexpectedly much better than I would’ve imagined. Simplicity has greatly changed my life for the better. All the things I’ve let go of and just whittled it down further and further. I don’t miss any of it at all. Less really is more. Who knew? Lol. 😅😅 It also is one of my dreams to just go crazy on an EU “cheap” adventure. Lol. And that might actually be doable for me by the time I’m 59. Lol. I live in the states so I’ll prob have to just take a summer for that and see and experience as much as I can all at once. Or you know. Maybe a few summers. Lol.

[@davidpoffenbarger3686]

I enjoy and appreciate your content. I retired a couple years ago, and still feel like I'm learning to be comfortably retired. We're in great shape financially, and have a very full life, but still working on getting the rhythm right when you don't have a job to go to. You make some great suggestions in this video, thanks!

[@esanford]

I came upon you by accident and have viewed several of your vids. Your videos are enjoyable and you have such a pleasant manner. To the subject of this particular video, I started from very meager beginnings in a poor urban area. I worked my way through college, back in the day, by working in the steel mills during the summer and doing everything from being a security guard to a janitor during the school year. After graduation, I started my career in telecommunications and worked in it for 32 years. It did not end on my choice but it ended well. I loved my career even though it could be very high pressure at times. I never expected to retire at 55. We had already built a retirement home on a nice creek in North Carolina anticipating our later years. Nevertheless, I decided to purchase a franchised business at the age of 56 which I just sold earlier this year. Incidentally, my wife and I traveled fairly extensively until the pandemic. At the young age of 74, I am now fully retired, financially independent and with plenty of hobbies and interests. I am blessed to be in good health. After 50 years in the professional world as a worker, manager, leader and entrepreneur, I am satisfied and glad that I kept working passed my 50s. The one thing that I did during my life is that I created my own balance. I worked hard and got results wherever I was. Without asking, I took time off as well. This included coaching youth sports, tutoring grad students etc... I advise younger people to take responsibility, deliver results, and take control without fear of losing.... Also, save money and invest as you advise so well in your videos.

[@jaynelson8304]

Another wonderful video! Spot on about the FIRE movement. It strikes me as odd that someone would live such an austere life just so they can retire 20 years early. Why not find a career that is so enjoyable that going to work isn't such a chore.

[@teamnash55]

Key part of my retirement is helping others - Purposeful retirement. There are many ways you can volunteer in your community whether it’s at the food bank, helping with disaster recovery, helping rebuild summer camps, etc. There’s a social aspect that allows you to build new friendships.

[@toby9999]

​@@romanwalker2935 This a bot, right? Nothing to do with the OP at all LOL

[@tonioyendis4464]

The biggest concern for those that retire early is medical insurance expenses. Not eligible for Medicare until 65.

[@nala3038]

Your greatest asset is your health. First and foremost, take care of yourself!

[@lyceum4177]

Why would you put it out into the universe that your health will decline? How do you know? Perhaps your health will be great until the day you pass. You are a perfect product of the conditioning that's taken place for decades depicting older folks with ill health and ailing. Some older people are in the best shape of their lives.

[@janedeuber1596]

You are a true guru for all of us that are at the same stage of life that you’re at. I don’t know how you come up with something every day, but I enjoy it!

[@johnd4348]

I started saving young. around 14 yo. And I worked 2 jobs for years and saved as much as I could. Drove old used cars, never took vacations, did not date or go out parting. I gave up a lot. But looking back It was a life stye I embraced with great enthusiasm. Now I am 60 I can look back and know it was well worth it. I am financially set for life. I can retire anytime I want without any worry of living a life in poverty like many people I have met. I never made much money per year, but have accumulated a lot due to being cheap and saving early.

[@peteshallcross787]

We never hung out together, John.

[@tyroneshoelaces9742]

Thanks for turning this whole topic back on you.

[@tonyherdina9142]

I bet your parents grew up during the depression and instilled their values in you. Mine were the same way.

[@joinjen3854]

You did not spend time or $$$ on relationships?

[@greensorrel6860]

Smart

[@PH-ih1pn]

Provide for spouse or significant other? Um, why would I pay for someone else in my retirement? They can provide and provision for themselves! This isn't 1953. A wife will bleed you dry or back to need to work!

[@robocop581]

Thorough Annual Checkups are extremely important for people over 45 years old. Spotting potential illnesses early is just as important as living a healthy lifestyle as many people get sick no matter how careful they are with diet, stress and sleep. Colon and prostate checks are things men should get regularly and they are not expensive.

[@vickiford4135]

Great advice. Also, keep a sense of humor and have gratitude for what you have.

[@scottfromsouthcarolina3185]

I tried to quit when I moved to SC but my job let me work 30 hours/week remote. I can keep my benefits which saves a lot. My commute used to be 1 hr so I'm in 2nd heaven. a year or two then collect Social Security. It's like a working vacation in the warm weather here.

[@maltesetony9030]

Hi from the UK. Some of this advice I can follow; some not. The general stuff I understand; some is "American stuff", difficult to follow. Always worth watching, though.

[@BradCampbellmn]

What can you not follow?

[@maltesetony9030]

@@BradCampbellmn Not so much this video, but generally. Apart from the very general points nin his videos, it's very U.S. stuff - as you would expect it to be. But it doesn't always translate into UK terms. Other than that, love it.

[@BradCampbellmn]

@@maltesetony9030 I'm curious. How is it different in the UK?

[@maltesetony9030]

@@BradCampbellmn Pensions, social security systems, state benefits, investment regulations & protocols, investment "culture", legal frameworks . . . . I could go on. I repeat: the general principles are the same; the devil is (as always) in the detail.

[@mvnorsel6354]

I'm lucky i have 4 out of the 3. I also have a cat, the ultimate retirement accessory 😅.

[@grahamward5940]

Hello Azul - I just found your channel today (I’m in England so US & Canadian sites aren’t ‘pushed’ hard).. Anyway, I’d add from recent experience that investing in your retirement in other ways is huge too! My wife and I are just about to retire and we’re looking at moving to France - we’re both believers in moving to warmer climes as we age, and what better time than entering retirement having paid off the mortgage in our 50s… We bought our first motorhome recently and having spent a few 1000s on increasing the energy self sufficiency, we’re now confident that we can go wherever we choose without having to worry about finding power.. The point is, we’ve spent the big bucks whilst we’ve worked, but with one eye on what it potentially brings us in retirement - we haven’t sacrificed anything obvious and whilst we won’t be living as members of royalty, we will be retiring with a sense that something new and hopefully fulfilling and enjoyable is on our horizon! Love what I’ve seen so far on your channel - your manner is very pleasant and unassuming so I’ll recommend you to our similarly eager to retire friends!

[@TM-li7bl]

I say, health number one relationship two, and financial three!! So far so good for me and my husband!! 🙏

[@CheckThisOut77]

#2 Most Important Asset: Relationships. A BIG source for that for us is a Bible-based church. We have developed close friends there (we share important common interests, many retirees). A Bible-based Church also provides: Opportunities for service to others, inspiring lessons and music, mini-trips for seniors, mental exercise, preparation for the afterlife (VERY important), and it helps in remembering what day of the week it is since church is on Sundays.

[@chrisarrow1]

I just discovered these great videos. Wow, what a relief!! I can now plan and obtain a retirement goal with confidence. More importantly, Azul communicates clearly the retirement steps. Ever time I see and listen to his advice, I feel like I am walking next to him on the journey path as well. Thank you Azul. You are making such a positive impact to our lives.

[@Vintage-Vespa-Miami]

Get married once, Paid off house ,cars ,credit cards and leave humble as our GRANDPARENTS! Avoid debt is better to don’t have nothing than have a lot of debts

[@ddellwo]

I have a sister and brother-in-law who appear to be hellbent on relaxing and eating themselves into their graves, yet they have outlived many other relatives who lived infinitely healthier lives! Go figure……🤔

[@nakho3550]

😂😂😂 is either over weight?

[@ddellwo]

@@nakho3550 - My brother-in-law is a dead ringer of John Candy, while my sister is about 90 pounds wringing wet! Just about every meal (lunch and dinner) is fast food drive thru……🍔🍟🥤 Oh - breakfast is 🍩…….😂

[@foreveryoung999]

How old r they?

[@ddellwo]

@@foreveryoung999 - 74

[@whatsup3270]

stress and genetics are bigger factors.

[@williamswanson6424]

I retired when I was 62, 6 years ago. I took SS and have never looked back. I have a handful of rental properties and investments that give my wife and I enough income to enjoy our life. I have lots of friends in my running group and I also work out 5-6 days a week with core workouts and interval running. Eating right is a big thing for me these days. No more big steaks, milkshakes, spicy foods, creamy dishes for me.

[@Locke19901]

Eat the steaks but leave the rest out ha.

[@jdenino6022]

How do you deal with all the tenants? I owned a 2 family but we sold it because my husband didn’t like being a landlord.

[@susangrande8142]

Yeah; your body NEEDS the steaks! Cut out the “vegetable” oils, so anything fried, including French fries, etc.

[@tommyrq180]

Axil’s workout plan: cardio, resistance training, flexibility. Perfect! He eats well and I would add maybe the most important thing: adequate high quality SLEEP. Being retired allowed me to prioritize that and it made a huge impact on quality of life. Read or listen to _Why We Sleep_ by Dr Matthew Walker. And thank me later!😊

[@NHJDT]

We didn't have the acronym of FIRE but we lived off one income and save the other most of our marriage. Due to that, I unofficially quit my job when COVID hit, have about $2M and have been travelling the country for the last 2 years with our teens. This fall we will fly to do our Asia trip. This would not be possible if we didn't sacrifice when we were younger.

[@Formula1Drvr]

You are describing the blue zones Azul. Comfortable living, good friends and family to socialize, exercise daily, healthy eating, and just as important a mission - what is your purpose be it grandkids, mission work, volunteer work, whatever it is - find a purpose.

[@philc824]

Get as much air and food as you can. Then buy a tent and live at the side of the river.

[@nancybrewer8494]

My husband retired at 53 and I retired at 56. Don't think it would have worked without being debt free and owning property. Each time we moved, we made a profit, and still traded up to nicer houses. Now we are 71, and we are able to cover our monthly expenses on our Social Security checks. We only dip into our IRA accounts for unusual amounts needed, like buying cars.

[@vsquare5653]

Love your video! I am about to retire, it’s leap of faith,but I’m 65 and want to enjoy retirement while I am still in good health and shape. Your comments help me confirm that I making the right decision. Thank you.

[@Exousia718]

The most important is your soul, the Bible says, if you never receive JESUS CHRIST as your LORD and SAVIOUR you will loose your soul!!!!!!!

[@jackflash6657]

Love your comments regarding the tradeoffs of independence versus multi-generational connections. My wife and I have made the same observation about how this is not the norm in all cultures. I have observed friends from other cultures that have pulled together as multi-generational families to the benefit of all involved.

[@andrefrank8270]

You might mention doing for others who are less able as one of the best finishing touches for one's life

[@dstorm7752]

When young, I did manual labor and then was in the military overseas. The notion that you should have "fun" as a kid is an odd concept to me, but perhaps there are young people lucky enough to be that pampered.

[@Kim-SCUSA]

Mentally, how do you switch from save save save mode, to let’s spend what we’ve saved mode?

[@kevind8752]

Don’t spend any more in retirement than you did pre-retirement.

[@dariuszdarek5919]

Myself same as in Mexico. Staying with parents until I get married. Now at 50s planning to reunite with them and have one house with my family and parents. I find it more interesting than ’’external’’ friends.

[@datchentai3047]

One other item needs mentioning is that the retired person should have a plan on what to do to enjoy the time eg pursue a hobby, volunteer, learn a foreign language , help with grandkids etc

[@AmyK007]

My husband and I are about 15 years away from retirement. We would retire tomorrow if we could.

[@greensorrel6860]

I am counting down as well now I am trying to do an experiment with spending much less to see how much money I really need. Also taking care of our health so we can enjoy more retirement years

[@johnmccool6875]

Yet more great advice. I feel maintaining our health is so important, yet so undervalued by many. It not only allows us to continue enjoying the physical activities we like, but also saves so much money in medical costs.

[@pauledwards5607]

Health is had by eating well and not eating the tons of crap that's there for us to indulge ourselves in. I had to remove Glutin from my life and I found it a very healthy diet. Exercise is free too...almost. I can get a gym membership for $10 a month. So, the 2 most important things in retirement are free!

[@MelissaCoup]

We can withdraw about 13k from our Traditional IRA and not pay any Federal taxes, nor pay any Federal taxes on our $2590 combined Social Security. AND we can withdraw as it's up to about 84k a yr from the Brokerage Act too without paying any Federal taxes though we would not be doing that. We wouldn't even be withdrawing 13K from our Traditional account. We are pretty poor but I am just saying, for most why would you not do a 50/50 with a Traditional lRA

[@philmarsh7723]

I'm all for FI but not RE. You should keep enough employment to maintain your skill sets. You don't know the future - what if you need to go back to work?

[@randyrapaport2806]

You need to own your home and have a million in near liquid securities.