How I Retired Early At 49 With $1.3 Million In Ohio

[@jalabi99]

No shade to the CNBC Make It videos that feature KZbin influencers (do whatever you can to get the bag, right?) but seeing just a normal everyday woman who made her money the old-fashioned way is so wholesome. Congrats on achieving FIRE, Ms. Jackie! More power to you

[@sarahk6996]

👏🏽👏🏽👏🏽👏🏽

[@bryanherincx3844]

They’ve made vids of a lot of normal everyday people lol

[@JessicaHicks]

Totally agree. This was refreshing to see.

[@enigmathegrayman2953]

To be a KZbin millionaire is extremely rare! KZbin on its own tends not to pay a lot. Some do manage to do well but if you become rich on KZbin you’re working your behind off! I’d say hats off to you if you make it on KZbin, it ain’t easy.

[@face9428]

This goes to show that if you make wise investments and work hard you can be successful. I think that if you really appreciate life, you can find happiness without being Uber rich. Enjoy the simple things, treat yourself every now and then and relax.

[@twdjt6245]

Finally someone with a realistic profession, achieving fire at a realistic age, while living a realistic lifestyle, and from a realistic background. Not these social media influencers with rich parents earning 200k+ a year with no kids, and achieving fire at 32.

[@KP-hi1om]

Yeah - too many people look at the outliers as the standard. You have to look at your lifestyle and adjust accordingly.

[@Bloomsburg14]

Lol

[@drsuzannepenn2766]

Amen!

[@MsDesiree39]

realism is just different at different stages and fr different pple. Steve Jobs didnt arrive in the US a filthy rich man, he worked his way to get there too.

[@MrTwenty6point2]

And a realistic divorce with realistic alimony and child support 😂

[@mabel9701]

THIS is a self-made millionaire. She worked and figured her way out of poverty and scarcity without contacts, inherited money or social status. What an achievement! Please do more videos with these kind of persons 💜

[@MrWaterbugdesign]

Growing up in poverty isn't really the same as "figuring a way out". Kids can't control their economic level and in general don't really care. This woman did what many people do...go to college, work in college, get a job and have a great life. She never experienced poverty as an adult.

[@mabel9701]

@@MrWaterbugdesign it became clear as day that she grew up quite underprivileged, which was already a disadvantage per se, comparing to many. She put it all the work and thankfully she is having a better life now.

[@beatricerights]

@@MrWaterbugdesign She also got her husband's 401k in a divorce. He was saving more than her and was trying to hide it. Not exactly self made.

[@MsDesiree39]

alot of other pple wored their way to becoming billionaires.

[@oihcam22]

@@beatricerightsyou can get someone’s 401k in a divorce? 😳

[@SCT11]

She looks way younger than 49! I’m so happy for her and her success. I hope she lives a wonderful and restful rest of her life ❤️

[@tokorjgypsum8561]

if that word come from deep heart, i guarantee you will be splashed of success like her👍

[@holdencawffle626]

Well, black don't crack Just like Asian dont raisin

[@summerrr1]

She said she retired at 49 in 2019, so she was 52 here.

[@DavielJames]

This is my favorite episode yet! It shows you can achieve a decent lifestyle while not being burnt out and still having time for your kids, family, and friends! Let's go Jackie!!

[@charliej766]

A friend makes 6 figures a year and has less than $6K in savings. His new Mercedes is $800/month and his rent is $3K/month. I’ve never made more than $60K a year but have more than 6 figures in savings and own property. I haven’t had a car note in nearly a decade (still drive my 2006 Honda that I bought used 11 years ago) and my primary mortgage is less than $1000/month. People think the secret to financial security is getting more money, but it’s really about making smart decisions with the money you already have.

[@TheFirstRealChewy]

The biggest thing is keeping your expenses low. However you accomplish that is up to you. The lower your expense, the less you need, so the further every dollar goes. Now I just need my wife to agree.😅

[@Run4Ever77]

Yes! Way to go! Keep up the good work.

[@adrianjohnson8375]

How?

[@DavielJames]

This literally the perfect example of the next door millionaire.

[@rachelschneider2880]

I absolutely love this! I especially respect she did this without wearing herself out and missing time with her daughter.

[@CrystalJoy-32]

The concept of mini-retirement changed my life. I'm no longer waiting for some retirement paradise when I'm 65. It helps to know how to fund the lifestyle. You know, making money while you sip that piña colada by the beach does help. I wouldn't have been able to do it otherwise.

[@albacus2400BC]

Yeah, people miss that part. You don't jet out to Puerto Rico with your life savings. Proper investing and a good business acumen are big pluses. Invest in the stock market, real estate, build businesses. That's just it.

[@LuvmeRos]

Safe to say not everybody has the skill to pursue investing. But it's always easy to follow the advice of someone who knows how to i.e a financial advisor. You could anywhere between 10--40k with the right ones. Online businesses are a good bet too if you are savvy.

[@DennisJack-km8ho]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@LuvmeRos]

Monica Shawn Marti is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@RuthEvelyn-rc3bg]

There are many independent advisors to choose from. But I work with Monica Shawn Marti and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.

[@Chrissieb.rackett]

LOVE Jackie and this episode. This episode feels so realistic and Jackie is so inspiring!

[@mosuleiman8362]

This lady is a role model! Class act

[@kortyEdna825]

Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k. My mom retired with about 4.2 million, but my dad retired with roughly 1.8 million.

[@Justinmeyer1000]

`This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.

[@shannonsally455]

@Brilliantrans That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

[@shannonsally455]

@Brilliantrans Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

[@okaydamian]

I’m closing in on retirement and I'd love to move from Minnesota to a warmer climate, but home prices are ridiculous now, do I go ahead with house purchase anyways, or look at other sectors of the market that's doing good this year?

[@arlenehill4ril]

diversification is actually key to good investing, you should however, consider talking to a well-experienced advisor about which sectors of the market to focus your portfolio on

[@pluto1of1]

​@ATscott this is great! once you hit a big milestone, the next comes easier.. who is your CFP if you dont mind me asking?

[@fromthebirchwood]

you must have invested a lot! curiously inputted Karen Lynne Chess on the web and at once, I found her consulting page and was able to schedule a call session... thank you for putting this out

[@discoveringhealthandfinanc8328]

Is Minnesota cold all year around?

[@snek4057]

A millionaire without being a youtuber. Nice

[@theerarestjewel]

Hopefully this comments isn't slept on.

[@blackl1steddrums]

This is why kids need their father in their lives.

[@KimAkia]

Lol

[@enigmathegrayman2953]

How many KZbinrs are millionaires?

[@youknowtherules8888]

@@enigmathegrayman2953 Not a lot. 0.25% make money on KZbin out of the 31 million KZbin channels.

[@KhaoticKim]

49? I would put her at 38 tops! she looks amazing!

[@happyosseyi]

She's actually 51 currently...which I'm realizing as I get older is still young lol. She does look amazing!

[@bernardallen55]

Fortunately, I had a college economics professor who, when I was 18, gave me a lesson. You cannot buy something else for every purchase you make, was the lesson learned. Living within your limits and having a variety of income streams are prudent decisions. Consider taxes and your source of income. I made $k in total net income last year and didn't pay any federal taxes.

[@raynoldgrey]

Right there by your side. With no debt, I'm retiring early. Children are looked after. constructing my ideal house on 11 acres with a view of the river valley. There are many methods to make money right now, but only in-the-moment professionals can execute such high-volume, near-perfect deals.

[@pauledwin]

There are many ways to benefit handsomely, especially in this bear market, but such intricate trades can only be executed by qualified market professionals.

[@danieljackson87]

It appears that I organized my money using the FIRE movement. Investigate it more by performing some study. They were then successful at investing in equities, cryptocurrency, and real estate with the aid of a financial expert.

[@danieljackson87]

@michaelrenner3 Yes, Julie Anne Hoover is my investment adviser; she is well-known and has a sizable fan base. So finding her shouldn't be difficult. Just Google her name.

[@mikeharry96]

@@danieljackson87 I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Julie up and sent her a message. You've truly motivated me. God's blessings on you

[@fdoctor79]

As woman from the South with a similar background, this serves as such an inspiration! Although everyone path to success is different, she has steward her resources well. God speed and continued success.

[@marieb8711]

The best simple life I’ve seen. I feel that the her company’s amazing 401k match made a lot of difference as well as her promotion early on her career. Many of us dont get that fast promotion early on and usual company’s 401 match sucks.

[@bizmatthew]

Congrats to her! No secrets here, just working a simple job, and investing.

[@mikejamroz2787]

and an incredible bull market in the last 8 years.

[@David-vy1sl]

@@mikejamroz2787 has happened before and will happen again. Let her enjoy her success.

[@autobotdiva9268]

she got half her husband 401k because he tried to hide it from her in diuvorce

[@relaxationsoundsambience2724]

@@autobotdiva9268 Wow! Do you live in her backyard?

[@autobotdiva9268]

@@relaxationsoundsambience2724 ask her, she will tell you

[@DreamweaverShade-h9p]

I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $950k. before I turn 60, I would appreciate any advice on potential investments.

[@devereauxjnr]

I can feel your pains. New guys need to realize the risks that come with all of this. You could lose it all and you could win it all. It goes both ways. Second, what works for A may not necessarily work for B and you should not be a bandwagon investor. A good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.

[@Tsunaniis-j5l]

@@devereauxjnr Factos!! Since the market became extremely volatile and pressure increased (I should be retiring in 17 months), I took the decision to work closely with a financial advisor. It has already been 9 months and counting, and I have made approximately 600K net from all of my holdings.

[@MakeamericaGreatagain-h7j]

@@Tsunaniis-j5l That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the Adviser you're using.

[@Tsunaniis-j5l]

@@MakeamericaGreatagain-h7j credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up

[@MakeamericaGreatagain-h7j]

@@Tsunaniis-j5l Thanks for the info, i found her website and sent a message hopefully she replies soon.

[@Markphilip-r4i]

Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.

[@Willi-w1q]

Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.

[@Willi-w1q]

“NICOLE ANASTASIA PLUMLEE’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@nia.aleese]

I love this path! It’s achievable for everyone. You don’t have to be extreme

[@richarddangles8896]

It was achievable if we started a while back. Now it's not. We will be lucky to survive the next 8 years.

[@sarahk6996]

This kind of “Make it” episode is so relatable. I love it! It shows one can FIRE without a KZbin channel!👏🏽👏🏽

[@tokorjgypsum8561]

And without crypto investmen

[@jayocean4724]

This was refreshing. Key take away she was a great saver who leveraged her income through the power of compound interest. She made 80k a year and lived on 50 and became a millionaire before age 50. Super inspiring 🎉

[@dontbanmebrodontbanme5403]

I have never heard of a 401(k) better than mine. My old company matched dollar for dollar on the first six percent and you were vested from day one. **9% on the first 7%?? ** WOW, THAT'S INSANELY GOOD!!!

[@Riggsnic_co]

Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.

[@martingiavarini]

True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.

[@bob.weaver72]

Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect my funds and make profit from my portfolio this red season. I’ve made over $250k since then.

[@TheJackCain-84]

That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

[@bob.weaver72]

'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.

[@TheJackCain-84]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@SophiaChristian-so2of]

Planning retirement has never been this confusing! First SVB, then Signature bank and now First republic, these are all the signs of yet another 2008 market crash and recession 2.0, so my question is do I still save in the United States dollar, or could this be a good time to buy stocks? So I’m left wondering what 2023 has in store for us investors, I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here,

[@AntonioBianh]

Everyone needs a different stream of income , unfortunately having a job doesn't mean security due to the high rate of tax , one needs to move ahead their expectation, I would recommend refraining from investing in stocks for now. Instead, it would be prudent to consider retaining a portion of your assets in gold. Alternatively, seeking advice from a financial advisor could provide valuable guidance in this matter.

[@MarkFreeman-xi3rk]

true, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

[@cythiahan8455]

Do you mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 46 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.

[@MarkFreeman-xi3rk]

I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with Margaret Johnson Arndt for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.

[@JenniferDrawbridge]

Thanks a lot for this. I really needed the recommendation, and I would love to move my funds from an existing mutual fund. I'll check her.

[@pandaventures6836]

getting rich slowly, the warren buffet way, compound interest etc. that's the disciplined method

[@JessicaHicks]

Big congrats to Jackie! What an inspiring and relatable story. We need more of these. ☺️

[@camarathomas6552]

I love this! She utilized her job and never compromised on her values!

[@limlimlimjanice]

I love these realistic stories!! No crazy hustles and working your life away but actually gradually building their net worth while managing time between work & family. Awesome!

[@aquicktake]

She's not "retired" in my book. She said that she still has a business and can write things off as a tax deduction. She's "semi-retired" and it sounds like that she is still putting in some work for additional money.

[@KacieLehman]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[@MelindaMatsuda]

The strategies are quite rigorous for the regular. They are mostly successfully carried out by pros who have had a great deal of skills/knowledge to pull such trades off.

[@JoeWilmoth-k2w]

@@MelindaMatsuda I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2020, I was having an investing nightmare before touching base with an advisor. In a nutshell, I've accrued over $2m with the help of my advisor from an initial $350k investment.

[@KacieLehman]

@@JoeWilmoth-k2w Please can you leave the information of your investment advisor here? I'm in dire need of one.

[@JoeWilmoth-k2w]

@@KacieLehman Victoria Carmen Santaella' is the licensed coach I use. Just research the name. You'll find the necessary details to work with a correspondence to set up an appointment.

[@KacieLehman]

@@JoeWilmoth-k2w Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible.

[@pouroverfinance]

9% from the employer on a 7% investment from the employee is UNHEARD of. I'd love if my employer did this.

[@kevinhoang9074]

Agreed! Some companies will increase their match the longer you stay. I heard one company that does 3% match with 3% but if you stay for 6 years it goes up to 9%. This lady in the video stayed for 20 years so maybe that’s a factor.

[@r4ym1n13]

@@kevinhoang9074 Wow, what kind of company was that ?

[@babyfreezer]

working in financial industries help, mine is 5% for 9% after 3 years of working

[@mikep4869]

We are the product of our circumstances. Decent education and a good job in a reasonable cost community will produce good results over 25-30 years with a disciplined saving / investing mindset. She is proof. Good for Jackie!

[@videostoviews2262]

MORE OF THIS PLEASE! REALISTIC

[@Mike-rb8kc]

She is one of the smartest person I've seen on this series

[@alexgorham7464]

"if you don't build your dream someone else will hire you to help build theirs"

[@alexgorham7464]

I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.

[@jessicaallen6874]

@@alexgorham7464 Yeah! every $1 you invest today is a little bit of time that you buy back in the future, the more you invest, the more free time you can afford in the future, having time and the freedom to choose what to do are the ultimate investing goals.

[@jessicaallen6874]

@@alexgorham7464 The pandemic came and taught me the importance of having multiple stream of income, unfortunately having a nice paying job doesn't mean you are financial secured anymore. So we all need to put in an extra- income earning chance, like bitcoin, stocks bonds real estate .

[@stevendiaz9672]

@@alexgorham7464 True! Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), bitcoin , and gold. I'm also working on an investment plan that includes NFTs with my advisor, Katie . It's been a year and half of steady growth.

[@berryobrain8433]

@@stevendiaz9672 What actually the idea behind this bitcoin investment,I have been watching some videos and I was thinking about investing in bitcoin , but still don't know where to start from

[@pvsk10]

I am 48 and on track to FIRE in another 5 years with $2 Million!! I am divorced and hoping to find a partner who is on a similar path

[@StockBrotha]

Jackie your story is truly inspiring, and I plan for me and my followers to be where you are very soon through Stocks. My only question is why not pay off your mortgage for peace of mind?

[@BuMyBeLlY]

Her earnings (from capital gains & dividends) exceeds the interest she pays on the mortgage. Also, she probly feels secure knowing she can fairly quickly convert her stocks into cash to settle her mortgage, in case the S hits the fan. She's quite secure.

[@7135HOLLY]

Great video; I wish we had more details on her expenses like health care, and other expenses. She’s obviously done very well and that’s great for her. She’s too young to withdraw her 401k without incurring a 10 percent penalty on top of any income tax due so she must have a lot of after tax money saved; it would have been nice to see a little more details on her assets. Great 401k match from her former employer.

[@lenaprice6239]

I love her story, because it shows that being consistent over the long term, ultimately wins the race. I just love seeing people win, because there are far too many instances of people being in debt and making poor financial decisions.

[@BearingMySeoul]

Yes! Most people who plan for FIRE use mutual funds or ETFs so they can pull that money until they're old enough to use their 401k/IRAs. (In addition to finding little side hustles of course.)

[@vetgirl71]

Would love to know if she have health insurance, which is very expensive when not matched by an employer, especially since she is too young to be eligible for Medicare. Health insurance is a very important expense that is necessary, in case a serious illness or condition occurs (ex: breast cancer, cancer, knee surgery ect). As we all age, unexpected health issues even minor may occur & medical costs are extremely expensive especially if you are hospitalized. Plus if her daughter is under 26 years old, she can be covered on her mother’s health plan until she is 26 years old. Very important for our kids to also have the medical insurance safety net too. I’m glad to see that she reached her goals for retirement, but very curious regarding this topic of health insurance coverage.

[@oldprecision]

@@vetgirl71 You can get health insurance pretty cheap with ACA. If her yearly expenses are $50k she is probably claiming a yearly income around that level. ACA will have a lot of subsidies for that income level, the out of pocket for the premium may even be $0.

[@savvybudgetgirl]

I love Jackie! She is so down to earth and just an overall good person. Thank you for featuring her story!

[@meedeessamorgan5768]

Love it!!! Can’t wait to join the lifestyle in 2 years.

[@XcessCapital]

These are the stories that the news should show. "Woman works hard and good things follow". Jackie IS the American dream. For her future career though, she should sell whatever keeps her looking 39 when she's 49!

[@pls5201]

Thanks for sharing this. Jackie’s goal was not to live in poverty. She achieved her long term goal at under 50 y.o., through her own efforts, with a general plan, in a normal job (with a good 401(k) plan) and living in a modest midwestern town. She built wealth through investing, reached FIRE and lives every day on her own terms. Her American Dream fulfilled. Hats off to her and her dad. Congratulations, Jackie!

[@JacksonWelch]

Her dad would be so proud!

[@janessamalone4668]

Loved her story, very real and a good look at not feeling you have to dabble in a little everything. Really enjoyed her story about her journey

[@momohmart]

Thanks for Jackie's story. Jackie's story is more achievable and relatable story than most other profiles on Make It. Doctors, lawyers, professors, finance/tech/other entrepreneurs who come from money and/or have spouses and "retire early" are outliers but make up most of the stories on Make It, so I appreciate this one on Jackie. Disciplined and consistent.

[@ericmcmillan2831]

This story shows the significance of a strong father. Great story.

[@nisaldesilva9011]

This is a perfect video. Living the life many others around the world would live. So many people like myself can resonate and can relate when learning how to manage and be wise with money. A great foundation for myself and many others to learn and take action. Thank you Jackie Koski for providing this video full of great information. Thank you CNBC Make It for sharing this video to the world to see, learn and take action.

[@daralynx2]

Very inspiring yet relatable. Thank you Jackie. We are similar, you just said it so much more eloquently 👍

[@9770G]

Funny how everyone thinks u need to make crazy money to retire young. This woman did it by 49 “only” making 80k a year. If ppl were just smarter with money and invested more instead of being a consumer way more ppl would retire young. But most people are short term minded instead of long term.

[@ihama99]

With the help of her 401 K. If she didn't have a good employer. She won't have retired by now

[@ejbatu]

I wonder what index funds she used 🤔

[@9770G]

@@ejbatu there’s a lot of different index funds. Could also be a lot in SPY

[@autobotdiva9268]

actually she left out her divorce

[@boomsuga]

Simply put. She’s smart. Good for you

[@randygood651]

She lives in my neighborhood. I'd love to meet her! I'm not quite where she is but I should be where she is in next 4 to 5 years!.Congrats girl, hope you have a fulfilling life!

[@chrisalarcon17]

Thank you for featuring successful black women

[@AC-yt4kk]

I love seeing relatable stories like these on the channel. Thanks for sharing Jackie's story.

[@ddime2090]

She's is such a beautiful and eloquent woman. I'm very happy for her!

[@jakejake7289]

I am lucky I got hooked on stocks when I was 20 years old. I also saved and invested 20 to 25% of my income every year. I started my career making $25K a year and at peak made $130K. Even with a divorce at age 50 after 25 years of marriage and making common investment mistakes my networth is $2 million. My formula: 1. Save minimum 20% of your income 2. Invest in solid stocks for the long run 3. Manage risk. % of your networth in stocks= 100 - your age.

[@ncsnshine042181]

Firt of all she does NOT look like she's 49! Secondly this is s a phenomenal story!! ❤️🙌🏽

[@jae6506]

Go, girl👏🏾 Looking good and living good✊🏾

[@aprilbrown6739]

Having low expenses is key to saving and being able to put back as much you can. Great story!

[@FinancialShinanigan]

This is the realistic FIRE without a massive KZbin channel

[@Rashad3000]

Jackie, still proud of you!

[@wiebeplatt4749]

In this perilous time of recession, protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over. This is for stock holders.

[@Alejandracamacho357]

Unfortunately, most people don't get this, the majority is after chasing tops/bottoms where they fail & get out of the game.

[@instinctively_awesome8283]

@@Alejandracamacho357 Therefore, in the current bear market, we should pay more attention to the risk rate of the market. We must control the risk to a minimum and maximize the profit. It is best not to blindly enter the market.

[@Robertgriffinne]

@@instinctively_awesome8283 You can't really know the full risk rate except you are a professional. Reason I settled for advisory and guide from a stocks guru, Susan Agnes Hancock. Never been the same again with my holdings

[@tradekings5433]

@@Robertgriffinne

[@Robertgriffinne]

@@tradekings5433 You really can't give that which you don't have. Susan is always reached through her web-site which you can find by looking up the name on the net.

[@bee1979]

I love this! So much more relatable than some other stories of hustle culture. Worked a 9-5 and kept her expenses low and got her wealth through a 401k. Let’s us know that FIRE is possible for an average Joe! She’s beautiful as well. Wouldn’t think she’s hitting 50.

[@miawhitlock9140]

I wish I had more time for trial and error, but I'll be 56 in October and I need ideas and advice on what investments to make to set myself up for retirement, especially with the looming inflation and recession; my goal is to have a portfolio of at least $500k at the age of 60.

[@joshspring7686]

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

[@chrisbluebird5037]

@@joshspring7686 Yes, I've used such expert, an investment adviser at that, and she really worked magic on my portfolio, initially I was always in and out of the market, selling at a complete loss but for the past 2years I've been mostly in the green, earning steady profit irrespective of market movement thus gaining over $850k+ in the past 2years.

[@mesutserim1595]

@@chrisbluebird5037 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you?

[@chrisbluebird5037]

@@mesutserim1595 The Investment-adviser is actually quite known, Wendy Helene Bennett, she has a wide presence on the web, you can just search her.

[@pigsbark4173]

@@chrisbluebird5037 I just looked up Wendy Helene Bennett online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.

[@phs2Chelsea]

She is so sweet and down to earth

[@YourRichAuntie]

This woman is super inspirational. I'd love to know more about how her money is structured. She can't touch the 401K money w/o penalty until she's 59.5, so I'm assuming she isn't touching the 401K funds. She lives a frugal life. Instead of retirement, it sounds like she is still working but no longer needs a corporate job to make it all work. It sounds like she is working for herself now. We don't have a concept to explain this phenomena of people having enough money to leave corporate life, but still want to work - "retirement" isn't the correct word. But I totally get it and wish this woman all the best

[@MattsGamblingSlots]

This is actually more reasonable and worth hearing than the typical 20 to 30 something year old with $10 million. Maybe the stories of young people are inspiring to those under 25 years old but they definitely discourage those above 25.

[@anothermj]

I love your story! Striving for this.

[@Orlando.Villanueva]

Love it! This is way better than those unrealistic influencer videos

[@lowwastehighmelanin]

For real. I hate those lol

[@AskMiko]

If you choose to live off of $50k or less a year, you can stretch the savings to age 86. Not counting residual income or other incentive tax breaks, the gap is meaning unexpected expenses or healthcare needs. It can be done. Some retire at thirty. Some retire at 65. Whatever works for you, do it.

[@edwarda2033]

Right and she will still get social security.

[@jimmywalters3071]

You have to be a home body and no travel to live off of $50k per year today.

[@marriejames01]

@@jimmywalters3071 That’s not true. Look into the world of house sitting. Accommodations are usually the biggest expense. I know people that travel several times a year using this method and they live modestly.

[@michigantiger7636]

Good job! This is a very relatable and inspiring video.

[@daystar73]

shoutout to the single DAD!!!!!!!👏

[@Rashaadthegr8]

What company invests 9% and you put in 7%. WOW!!!

[@Happy_life0000]

Lexis Nexis

[@RAM_C5]

Yeah that's ridiculous. I'd imagine she made really good income off the job also if they offer that.

[@Rashaadthegr8]

@@RAM_C5 No there companies like that my mom just got with a company like that. This is just my second time hearing about such a company.

[@WhatIsThis-zq4hk]

Great to see someone that realized it doesn’t matter how much you make, it matters how much you save. I know people making crazy money that spend all of it.

[@donaldlyons17]

Looking at average incomes vs. expenses I have to say I disagree totally. Income matters but living under your income really helps.

[@ivoryreviewsstuff]

Love this Make It. So relatable

[@oco987]

That company match for is clutch

[@Joe-xr3ir]

That's very impressive with an 80k salary.

[@DebtDemolisherTV]

Oh my!! That’s Jackie!!! I recognize her face immediately!! We had AFC classes together!!! Congratulations Jackie!!

[@lowwastehighmelanin]

What's AFC?

[@DebtDemolisherTV]

@@lowwastehighmelanin AFC is Accredited Financial Counselor® credentials!! Jackie was always dropping gems in class and was extremely helpful with sharing her wisdom and providing additional resources to fellow AFC candidates!! She definitely stood out (in a very good way) in our classes!!! 💎 I’m so happy for her to be featured on here!!

[@dwandnewton]

Jackie, your story is admirable because it's relatable! Congratulations on becoming FI and a millionaire 👏👏👏

[@kathr3477]

Love her! She's such a surprisingly relatable FIRE person - I liked her not fussing over a phone bill deal and saying she's neither the most frugal nor indulgent.

[@DebtDemolisherTV]

Me too!! Her presence is so genuine!!

[@itsjustlucyxp]

Agreed. I think she's one of my favorites from CNBC Make It since alot of others on it are doing side hustles and other things on top of their main job while she isn't since she's focused on also making quality time with her daughter. I love her attitude!

[@suzettekolb4028]

Love this video! What an inspiration. I hope to have the nerve to follow in your footsteps this year!

[@danielmembrillo6472]

She learned financial education EARLY at her first job. That is KEY. Something we are desperately missing in the United States. and then she took advantage of it - 9% match on 7% contribution for 401k! WOW! Awesome story and props to her.

[@cazpk6840]

Lovely, humble lady with a great story. So happy she achieved her dreams.

[@harmonymorkve2950]

Cool to see someone from Augusta making it!!!!!!

[@JMilansJourney]

I love this so inspiring!! ♥️🎉 I’m next I’m claiming it!

[@retrovelcro]

Good she got out before the start of 2020. Wish her the best on her next adventure

[@xacoklamon]

My main concern is she could live for 40 more years.If her money is still in the market, if it crashes, she could be forced back into the workforce. If she can get a 5% guaranteed return on her money, risk free, then she's good. Otherwise, she's at risk especially since leaving the workforce early means a smaller social security payout when eligible. I think one should have 4 or 5 independent streams of income when they retire. She isn't old enough to withdraw from a 401k penalty free either.

[@luxeydaze]

She’s 🔥

[@JohnSmith-ps7hf]

I achieved the FIRE number 2 years ago. My accountant just told me that the current FIRE number is 2 mils due to inflation. I'm glad I didn't quit my job. 🙃

[@Kevin-mk6jo]

Came to this country with nothing... and I mean... nothing. 44 years old and retired now. The American Dream isn't dead, you just have to work for it. Zero debt.

[@trailer1210]

Her dad is a Superhero!!!!

[@alp.9672]

No he isn't, i don't praise having kids you cannot afford.

[@katemiller7874]

Yes at least he was there where was mom.

[@lenaprice6239]

@@katemiller7874 Maybe her mom passed away.

[@vjf3337]

This video is gold👍

[@lebronsinclair8012]

Her 401k is the big difference. Most companies definitely not offering that.

[@lenaprice6239]

Most companies are not offering as much matching as her prior employer, but on average, many offer at least 3 - 5% which is still substantial.

[@jo4285]

I told my family that in 20 years my 401k will hopefully reach 1 million. They told me it sounded like a scam! : (

[@jeremybrannan209]

That’s not it. You can’t access 401k money without penalty until age 59 1/2 so she has investments and savings elsewhere (index funds as she said).

[@lebronsinclair8012]

@@jeremybrannan209 true

[@zipcodeofparadise906]

My admiration, lady! You’ve done great!

[@ca8a]

Great episode. Probably my favorite

[@davidfolts5893]

Outstanding job, Jackie! The power of self-discipline combined with financial wisdom: A most awesome combination Congrats on your achievements!

[@FindingProfits]

Exactly, keeping your expenses low and have your money work for you. Just because you make more money with raises does not mean you need to purchase a new car or useless material things.

[@pedrozatravel]

Loved this story very inspiring, really just takes consistency.