Family Man Retires at 39 - Extreme Early Retirement | FIRE

Tim Stobbs is married with two children, and he retired from his career at 39 years old. How did he do it?! In this video we ask him about the lifestyle changes he and his family made in order to reduce their spending, increase their savings, and invest enough money so they could afford to quit their jobs and live off the interest from their investments.
Tim retired in 2017 and now spends more time with his family, and on hobbies like wine-making, Dungeons and Dragons, writing, and being creative. His wife has recently closed her home-based childcare business and is planning to work for a few more years.
Tim has also started working part time at the local library which naturally raises the question: is he really retired? And the answer we've heard from him and other early retirees is that working after you retire is now a choice, so you can choose work that you enjoy, and you can choose to work part time if you wish. So you enjoy your work more, and you have a better work life balance. Sounds like a win-win situation to us!
If you'd like to learn more about Tim's journey to retiring early, check out his blog and his book, linked below!
Tim's Blog:
Canadian Dream: Free at 45
www.canadian-dr...
Tim's Book:
Free at 45 in Print (Amazon): bit.ly/freeat45
Free at 45 eBook: www.smashwords...
For some additional reading about early retirement, reducing spending, and investing, check out these blogs:
Canadian Couch Potato:
canadiancouchp...
Mr Money Moustache:
www.mrmoneymus...
Incoming Assets:
incomingassets...
Thanks for watching!
Mat & Danielle
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Blog: www.exploringalternatives.ca
Facebook: /exploringalternativesblog
Instagram: @exploringalternatives
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CREDITS
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Music & Song Credits:
All music in this video was composed, performed, and recorded by Mat of Exploring Alternatives.
Editing Credits:
Mat and Danielle of Exploring Alternatives
Filming Credits:
Mat of Exploring Alternatives

[@ExploringAlternatives]

Thank you for watching! You can check out Tim's blog and book at the links below :) www.canadian-dream-free-at-45.com/ Free at 45 Book in Print (Amazon): bit.ly/freeat45 Free at 45 eBook: www.smashwords.com/books/view/48481

[@CallumTash]

Exploring Alternatives 🤙🤙

[@OjoRojo40]

Man he looks like 60

[@Slash-is3yu]

Exploring Alternatives Actually retiring at age 33 or 26 is EXTREMELY EARLY RETIREMENT not 39 years old. But retiring either way is great. Good work and dedication.

[@PeliculasOnline2017]

Great Video clip! Apologies for the intrusion, I would love your opinion. Have you heard the talk about - Seyichael Underlying Superiority (Have a quick look on google cant remember the place now)? It is an awesome one of a kind guide for force the universe to give you money without the hard work. Ive heard some awesome things about it and my old buddy Taylor got amazing success with it.✅

[@FC-hj9ub]

@Exploring alternatives, you can not day this man is living off his retirement when his wife still works, he accepts odd paying jobs and also looks 50 not 40.

[@SuzyArking]

Retirement becomes truly fulfilling when you possess two essential elements: ample financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement.

[@MarvelMouldin]

Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.

[@FarrahHurwitz]

You are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

[@CamdenVanderlaan]

I've been thinking about going that route. I have a lot of stocks that I have maintained, but they are beginning to lose value, so I'm not sure if I should hold onto them or sell them. I feel hiring your investment coach would make it easier to restructure my portfolio.

[@FarrahHurwitz]

Nicole Anastasia Plumlee, 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.

[@CamdenVanderlaan]

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

[@trevordinwoodie3231]

Everyone's cracking jokes a this dude, but he's definitely living it up in his own way. Power to him

[@BigRed2]

If everyone retired by 40 who would pay for your Healthcare? military ? etc etc? It’s the stupidest thing ever , 55 ok but by 40 it’s total abandonment of your country

[@rinnin]

Maybe make the billionaires pay their fair share? 🤔

[@antonlogunov1936]

Yeah, no kids at 45. Great life.

[@willn8664]

@@BigRed2 okay negative nancy

[@joelanderson8302]

.... he is living off investments, which he pays income tax on. Stop contributing to outrage culture.

[@alejandror765]

The best payoff is the time he gets to spend with his loved ones. Really inspiring

[@NoraVonYT]

I love this guy. He has so much joy and he’s not afraid to show it!

[@Heypistola]

He's also neurotic and this method isn't reasonable for the majority of people exploring alternative lifestyles.

[@NoraVonYT]

@@Heypistola Maybe, but he doesn’t seem to mind that he’s different from others. He found a way that works for him and that’s great

[@drazicmilosovic1065]

Rational - friendly - realistic - organised - prioritised. This man is my polar opposite. I salute him!

[@drazicmilosovic1065]

Michael Freed its Australia Day right now - so......I assume we’re on the same page. But if not.... I’m drunk anyway.... thank you for responding 👍

[@wijaya_entchanel4165]

YESS 👍

[@myassetscore8165]

Love the comment. That made me laugh.

[@drazicmilosovic1065]

My Asset Score your response really helped me during a lousy day. I’m glad you liked my comment. Thank you 😉

[@2legit2Kwit]

So funny! Haha. Thank you for the smile

[@jonihaworth7623]

I love this dude, he's so relatable and I honestly don't feel like his lifestyle is that extreme.

[@revokdaryl1]

What the man said about not being happy when retired is a very good point. This also applies to life itself: If one can't enjoy life, what's the point in living? This is why so many young people are taking their own lives.

[@AchiraDasgupta]

Yeah being seen as a cog in the wheel by the world must be pretty daunting at some point!

[@DaKaveCollects]

I retired in 2018 when I was 28 because of certain life circumstances, I have 1 investment property and never had to return to “9-5.” Although I’m not living luxuriously, I have what I need to survive and am thankful.

[@MalluStyleMultiMedia]

nice..you beat me...I retired at 32..."Although I’m not living luxuriously, I have what I need to survive and am thankful."... that's your quote...but it applies to me too

[@Cherokie89]

"I used to play D&D as a kid" Believe me when I tell you that my jaw dropped, ladies and gentlemen...

[@myassetscore8165]

Very funny comment. LOL

[@jordanroberts7931]

Haha the exact same thing ran through my mind.

[@vicmorgwinters5173]

I recognized the building the was making way before he even said it lol 😆

[@dingfeldersmurfalot4560]

Noooo ... say it ain't so!

[@maureenkelly738]

Good for him for realizing a happy goal. I’m a bit too old to benefit from this as I plan to retire in 2021, and my husband retired in 2009. I got a financial planner last year and am working very hard to pay down my debt. My mistake was overuse of my credit cards. Now I spend way less money by paying cash most of the time. I have about another year before they are all paid off. Paying off the mortgage is not in the cards although I do make principal only payments. I live in Silicon Valley and the housing costs are astronomical here. I prefer not to move as my job, elderly family members, siblings and medical providers are all in the area. Teaching kids early in life about money and delayed gratification is a wonderful plan. It puts them way ahead of their peers. Thanks for the video. It gives much food for thought.

[@someguy5035]

Same thing I did. Here is my path: 1. Went public schools. 2. Enlisted in the Army, did well. 3. They paid for my degree (BA Business, not an elite school) 4. Switched over from enlisted to officer. 5. Lived very well, yet save my money. (owned 4 corvettes, lots of firearms and toys) 6. I retire this year in June at age 40. Could have been 39, but I wanted the extra guaranteed retirement money. Just bought my forever home in cash ($250K). I own all vehicles and also own a rental home. I started my Roth at age 25 and continue to pay into it. My retirement check goes very far when I have no house payment. Wife wants to continue working. Yes, I have kids. I didn't have anything given to me. I just made intelligent choices and took advantage of opportunities when they were presented. Life is easy. Unless you are mentally or physically handicapped there is literally no excuse. Your life is on easy mode.

[@Gooch1989]

When you're already broke you do this everyday... So start out making good money and act like you make minimal wage... then invest.

[@perro7183]

Exactly what I've done for almost ten years. Just starting to look at the investing part though

[@platinumpineapple9943]

Chadstravels ouch

[@Andrei-ld3gw]

My father retired the day i was born, not because he had alternative plans but because he was lazy.

[@5thdimension625]

How sad. I hope you had other positive examples in your life

[@RossiPopa]

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?

[@NicoleBarker-he2vp]

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

[@RusuSilva]

Yeah, I’m also closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t really start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who have been investing for many years.

[@FusunTumsavas-cq7tp]

this is huge! mind if I look up the advisr that guides you please? only invest in my 401k through my employer for now, but enthused about diversifying my investments for a prosperous financial future

[@RusuSilva]

Karen Leigh Owens is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@FusunTumsavas-cq7tp]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@charonsiouxsie949]

Thank you. I really appreciate this perspective. There's really valuable info here that is quite pertinent to us all, but not so readily available, and free.

[@EvanBlack11]

My guys Dad Vibes is on SSJ Levels. 🙌🏾

[@Bluebird22200]

I'm on track to retire by 40, currently 24 years old with 50k invested and own a 400k home which I owe 217k on.

[@travelingdude1621]

I’m a single guy with no kids. If that married guy with kids can retire way early, I think I can easily do it. An inspirational video. I like it.

[@amandanicole3999]

congrats on a million subscribers!

[@ExploringAlternatives]

Thanks Amanda :) :)

[@learnwithms.a3648]

Cutting down work hours made me happier 😊 Not retired yet but I enjoy having more freedom. It has helped me with my mental and physical health. ❤️

[@AL_THOMAS_777]

🙌 👏 🙏 🤝 👍

[@alexadnan1032]

Respect to this guy for being authentic and creative with his choices

[@jenlinds1]

Loved the entire thing, yet the specific bit on if there’s a problem not believing one needs to go buy something for the solution...try to find the solution with things you’ve got. 🙏💛

[@gabrielleroshelli]

i would love to see some videos about people living off a minimum wage income or smaller income that are managing to save money and invest or create a abundant lifestyle for themselves.

[@TheBielrangel]

Go check early retirement extreme, I believe it's a bit under minimum wage.

[@marksoberay2318]

I set FIRE goal at 33, retired at 42...the key is build a business that runs itself....

[@friendlyjunco6836]

I don't think I'll ever retire. I like buying hotwheels every week. This dude should have his own show.

[@JudgeyJudgeyable]

I think his tips on cutting back on expenses are good but they will not let anyone retire early. The key was his high income when working and being able to pay off his house

[@danielpruitt8550]

Yo, this guy's kids are going to be excellent adult people. Very inspiring in 20 now looking to save and invest hoping to retire around 65 or hopefully before.

[@markw496]

Guy deserves dad of the year. Retired early and says yes to the kids. He planned it out like a book, didn't see that coming XD.

[@Phlegethon]

Dude is married with kids and retired. Even though he looks 59 instead of 40something, still seems like a success

[@stevewood5655]

When I told people that I intended to retire when I will be 57, they will stare as if asking why would you retire so early? .... And then I saw this video ..... I am 40 at this moment

[@JasonGafar]

Retiring early is actually really bad for you, unless you continue to be very active and engaged. I know people who've retired well before 65, and they've aged incredibly fast. I also have a very good friend of mine who is almost 70 and is happy working, and he's in incredible shape for his age. I think the ability to retire early is phenomenal, and I applaud those who have such skills in personal finance and work, however if you're not active and stimulated, it could really ruin you.

[@Falcodrin]

That kind of depends on the work you do. My grandpa is doing great for his age because his work was manual labor that was back breaking. My job is sitting at a desk which greatly increases a ton of health problems. This guy does seem to lack muscle tone but if you worked out regularly and kept fit there's not much of a problem.

[@NikolaStamenkovic6]

The way i hear it: I put my faith of my future in stock market. To you my friend i say good luck, because you are going to need it.

[@skvltdmedia]

Engineers, school debt or not, make well over 100k/y, so after lets say 15 years it adds up either way.

[@herbbert82]

When i look at his glasses, clothings and haircut, it seems he stopped/stucked in the 90´s: way better quality back then. I like another Concept more: start working at 30´s. Wasting my youth with enjoying life, studying, travelling and experiences. Nothing brings you back the time of your life when you are at age of 40ish.

[@evelina2363]

This is very true, I think I profited of my 30’s doing many things (also many jobs) and living abroad. It’s also true that after 40 nothing brings back the energy and ability to work you have in your younger years. So the years between 30 and 40 are really crucial in my opinion, and you have to be lucky in that you find a good career and have no health or family issues in those years. Life is about balance I believe. Things can go wrong anytime. We must not be trapped by this fear of the future, but we have to be aware that the path is not going to be easier going on, quite the opposite I’d say.

[@sashachip]

that is the complete opposite of how to retire well, which is the subject of this video. When you start saving and investing into your retirement at a young age, preferably before 25, you accumulate more years of compound interest. That is the real secret to building up enough money to retire. Even if you only contributed $20k per year from 25-35, that 10yrs worth of contributions ($200k) will continue to grow exponentially for another 20 years. Even an average return on investment would build up to over $1.2M over the next 20 years. In this example- this person worked and saved for 10yrs until 35, about the time many people marry, buy a home, have kids. Now that he has contributed into his retirement, he can put that money he would have saved for retirement toward paying off a mortgage of a home for the next 20 yrs. Jump ahead to when he's 55- he has a home paid off and around $1.2M in retirement investments.

[@herbbert82]

@@sashachip and then comes another black friday and this guy may be very unhappy about the fact, that paper has nothing to do with wellbeeing.

[@zestpeet4614]

Terry Pratchett, George R R Martin. This guy has good taste. Also interested in FIRE, we are the same.

[@DewTime]

I have no desire whatsoever to live like this guy for the rest of my life. I’m currently living cheap like him, but only because I’m using frugality as a tool to build my wealth. Once I hit a high level of wealth I’m going to start engaging in more luxuries. I don’t think I’ll ever stop working unless I have to. I think it’s great this guy is happy with the simple things in life. For me, I want both the simple things (like enjoying relationships with people, experiences, etc) and the finer things in life like nice hotels and fancy cars.

[@Firzenizer]

I find him very much like me, when it comes to spending. But I just can't imagine myself quiting my job. Or how should I put it. I can't imagine working a job that I don't love. For me getting to work is always exciting and I just wanna learn more on my field. That just sounds like he worked a job, he didn't care about and now finally works on something he likes: books.

[@alexsteven.m6414]

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.

[@antoniaribeiro8073]

I’m 77 and still working full time. I do enjoy my work, it provides me with purpose and has secured my financial future. Most people are too eager to retire as early as possible. Even if you do retire early, best to get a part time job for the reasons cited above, as well as following many if not all of the suggestions in this video.

[@MarcyLoccy]

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

[@Tanner-c2m]

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

[@MarcyLoccy]

"Rebecca Nassar Dunne" 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.

[@KatyaSantos-g4c]

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

[@ChristopherAbelman]

Thinking about retirement scares me.I apologize to everyone who is retired and filing social security after putting in all those years of work just to lose everything to a problem you weren't to blame for.it's especially difficult for people who are retired.

[@JosephineKenney]

Indeed, It has always been tougher to understand how to build your money after retirement and even more so right now with the inflation. You can experience a completely varietied market passively by employing a successful portfolio-advisor.

[@FinnBraylon]

It's recommended to save at least 20% of your income in a 401k. Sonya Lee Mitchell taught me to estimate how much you should save based on your age and income. I've been with her for years now and her decades of experience in the markets translate to chunks of value in so may ways! She has upscaled my portffolio and even got me reading self help books haha

[@HildaBennet]

Mind if I ask you to recommend this particular manager?

[@FinnBraylon]

Google Sonya Lee Mitchell and do your own research. She has portfolio management down to a science

[@HildaBennet]

I ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

[@tahirisaid2693]

I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals??

[@MagdaleneM-f3q]

keep contributing to your 401K, remember you are in for the long haul, but I'd suggest you consider financial advisory

[@Williamesq12327]

Agreed, having a good financial advisor is invaluable, my portfolio is well-matched for every season of the market and has just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.

[@YadaniL-g8k]

Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.

[@Williamesq12327]

*Julianne Iwersen-Niemann* 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.

[@YadaniL-g8k]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

[@AddilynTuffin]

Americans estimate they’ll need more than $1 million to retire comfortably - but most aren’t bullish about meeting that goal. Millennial workers predicted they will need to accumulate $1.3 million, according to a new retirement survey from investment manager Schroders. Just 29% expect to reach that target. I’ve been sitting on over $745K equity from a home sale and I want to invest on the stock market, how do I achieve this?

[@albacus2400BC]

American workers are losing ground on retirement readiness and increasing the risk of outliving their assets, we all need to do more to help improve the savings and retirement security. If you're not who understands strategies to invest in the market, seek a Financial advisor to guide you.

[@ericmendels]

Having an investment adviser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly and I made over $220K within a short time

[@kaylawood9053]

That's impressive! I could really use the expertise of this advsors

[@ericmendels]

My advisor's name is KAITLIN ROSE STERNBERG, and she has years of experience in the financial market. You can simply search her name on the web

[@kaylawood9053]

Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds.

[@georgerobinson2021]

Great video. We all strive for financial independence and better life. It’s not difficult in achieving this through the right investment, living frugally, and budgeting. I’m glad I learned early in life to work hard for financial freedom

[@harrisonjamie794]

In my opinion, venturing into a good investment is not just a strategy for generating passive income but a profitable saving method for future expenses. Those who fail to make the right decisions early in life end up regretting it. Nevertheless, investing can be difficult and risky doing it solely, For this reason, I advise seeking help from professionals(financial advisors). It’s not just watching videos and reading investment books the challenge is using them well.

[@georgerobinson2021]

@@harrisonjamie794 sincerely, I’m truly inspired by your words. I’m very interested in investing and I have got a good sum of money which I’m ready to put in with the right information. My biggest fear is losing my money on the wrong investment. For this reason, I’m willing to listen to your suggestions and ideas on how to invest wisely.

[@harrisonjamie794]

@@georgerobinson2021 As an OAP with a lot of experience, I firmly believe that the success of any investment depends on having the right information, regardless of what others say, do whatever you set your mind to. Warren Buffer always says "be greedy when others are fearful and be fearful when others are greedy". This is certainly the trick to succeeding even when others fail. I made $100,000 working with *PRISCILLA DIANE AIVAZIAN* a licensed financial adviser . It’s been a promising experience so far with her.

[@georgerobinson2021]

@@harrisonjamie794 Please, how do I connect with your financial planner?

[@harrisonjamie794]

@@georgerobinson2021 quickly do a web check where you can connect with her, and do your research with her full name mentioned

[@micheal_mills]

I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.

[@Robert_Seaman]

Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.

[@donna_martins]

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.

[@Trevor_Morrow_LTD]

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

[@donna_martins]

vivian jean wilhelm is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@Trevor_Morrow_LTD]

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

[@NotAfraidToQuestionThings]

If having a working spouse is "retiring" then my wife retired at 19.

[@Supertech37]

Nice

[@ordinaryhuman5645]

You must be a really nice guy to support a retired wife who doesn't do any sort of working, home making, or child raising at that age. You may be spoiling her a little too much.

[@chrisludwig9783]

Lololol

[@unicornbubbles2446]

@@donutglazer6464 there's word for people like you. Incel

[@NotAfraidToQuestionThings]

@@ordinaryhuman5645 Who says she wasn't?

[@dwho2065]

I don't see how people making fun of him. He is speaking a lot of sense, it's just we're in a culture of social media and keeping up appearances a lot more

[@nicolelove8501]

👏🏽👏🏽👏🏽👏🏽

[@aronortiz1509]

Yeah those people will be broke and stuck with their sense of superiority XD

[@adam7349]

The FIRE movement is not for everyone and usualy people that do it still have some sort of income such as he states he is working on a book. Who knows if he sells his wine/beer or D&D figures. To live comfortably he would need to be making 300K per year from the time he is 20 till 40. Not everyone is fortunate enough to start earning that much or he inhereited money or his house. Just odd how he never went over the numbers...not once.

[@Cap_management]

They are jealous that they have to work until 70.

[@lavonnealexander6936]

@@Cap_management😂😂😂😂

[@Raymondjohn2]

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

[@bob.weaver72]

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

[@TheJackCain-84]

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.

[@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.

[@gunner2gunner]

I’m 51 years old and I retired at age 38. My key to retiring was want vs need. Saved and invested. I’m not rich, but I’m extremely happy, and debt free.

[@anothersomebody8195]

That was '07. You must have invested in RE.?.

[@yoloforthelambo5533]

You retired during the GFC? That's ballsy.

[@idkuok9669]

great advice people like u inspire me I want retire before I'm 45

[@markwhittaker6866]

Congratulations. You are living life on your terms. That is absolutely fantastic. Continue to enjoy your retirement.

[@sk8man2k]

Congrats! Can you give me a rough idea of how much saving a person would need to retire early?

[@Madlyn55]

investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good??>>>>>>>

[@Annis-co7vu]

Considering that I am only three years away from retirement, it becomes challenging for me to solely concentrate on the long-term perspective. Despite having invested in reputable companies and having a significant amount of funds allocated, my profits have been stagnant. This situation raises the question: Does the current recession and unstable market offer any calculated risk opportunities for generating profits?

[@AudraZapoticky55]

I understand your concerns, my friend. I recommend exploring passive index fund investing and expanding your knowledge in this area. Personally, I experienced both successes and challenges when initially seeking a reliable passive income......,>>>>>

[@AlitaBandasak]

how do I get in touch with this consultant that assist??>>>>

[@AudraZapoticky55]

STEPHANIE KOPP MEEKS, that's whom i work with look her

[@AlitaBandasak]

Thanks for these recommendations.....,,,

[@chadernest4399]

Cool thing about this guy is he found out what is the most valued....time. He can literally do whatever he wants and is not stressed out all the time and that’s amazing.

[@uhu597]

An Acer laptop. That's a sign of frugality right there.

[@aimeemaurer4862]

I just bought an Acer

[@einstein1102]

Driving a Toyota and not fancy BMW or Mercedes... That's another sign

[@Rob-te5ct]

Ya most college kids have a MacBook Pro lol

[@lal5555f]

@@Rob-te5ct heavy work loads. i had an acer and it nearly ended my college career

[@VoiceOfThe]

I’m still using an iPhone 5c.

[@FortyTwoAnswerToEverything]

Shoot, the guy's right, just having reduced work hours would make so many people happy and enjoy life a little more without having to retire

[@eric9964]

ChillCosmos I love this concept, but I just see his situation as stressful. I mean he’s cutting costs on soo much. I guess it’s more my desired style of living, I just look around his house and would not be able to retire like that.

[@CLHogg]

yea-but he never goes anywhere. What has he experienced in life because he doesn't spend any money other than living in his four walls at home?

[@bakeraus]

ChillCosmos that’s what I did. I’m 35 work four days a week and it really has changed my mental health. I worked full time from 18 years old and I found myself just getting stressed and frustrated with customers and staff. I live differently with housing (tiny house on wheels) now saving for an apartment or cheaper home now which will be small max two bedroom. My fiancé works 3-4 days and we have travelled a lot as we decided it’s better to do that early while we have good health. It’s worth it if you can.

[@michaelc9721]

@@eric9964 Retire like what (you said you couldn't retire like "that" )? He has a nice house, spends time with his wife and kids, and does what he enjoys. What are you doing?

[@VivaLaGolf42]

Eric Engman yeah it’s his choice. Other people in the FIRE community have chosen to live abroad, travel, start businesses. They don’t just sit at home and count beans

[@joshuaderungs8792]

I like this guy. Not afraid to be himself on camera. A lot of good insight that most people don’t discuss with 🔥

[@shariff4473]

Great point, respect

[@f.t.wibowo5260]

yep i find it weird at first but then i realized that's just confidence

[@pustacmato5031]

He doesn't realize hes being himself.

[@TigerKhan1990]

@@f.t.wibowo5260 Either that, or he simply doesn't care. I imagine if you told this guy that he looked goofy/nerdy on the internet, he'd probably just blink, smile, and give you a "great, so what?" There's a lot of power in that... doing what YOU want and not caring too much what others think.

[@georginadamon203]

Financial security brings about self confidence, and he has gotten that income to boost his confidence. I am currently working towards getting retired this early too. Already close to the million mark in just 13 months, thanks to my financial advisor (Karen Evans Doss) I would get there really early.

[@harrods2200]

I'm 48 years old with no retirement plan yet, any suggestions on accumulating a million dollar portfolio within 2-4 years? I have currently saved a capital of $275k that I'm willing to invest.

[@bunnie1294]

Buy a $1 million rental property (apartment complex) and use the 250k as your down payment (save some for remodeling/maintenance needs). Buy a cheaper rental property if you cannot afford the monthly payments on a $1 million rental property.

[@barretx2773]

Invest the money in your company's 401k or if you're self employed you can make one yourself. After that put your money in a Roth IRA and invest in mutal funds. After that invest in taxable brokerages and invest in mutal funds or ETFs which are indexes of mutiplal stocks

[@Atom00000]

Buy drugs in Columbia and fly them over to usa and sell

[@Monster_Mover_Stocks]

He's definitely saving money by cutting his own hair.

[@LuisaH2022]

Same here. I use the Faye's trim method for long hair, of course, because I'm a woman

[@servantof1truelivingGOD-JESUS]

lol

[@xomox5316]

I'm bald just shave my head... retired at 41 so yeah its all about saving money on hair cuts and hair products.

[@huyvo1586]

😁 the same guy from Financial Education Channel .

[@tomj528]

Home haircuts are the BEST! No waiting in line, no inane small talk, and have you seen how much a haircut is these days? I also drove my annual shaving costs down to under $5...two cakes of shave soap and a five pack of safety razor blades. Much nicer shaves too.

[@zFLAVEz]

It's funny how this style of living is considered out of the norm.

[@christoferrage]

The real issue is to find a partner that wants to live this way too. Yes you can do it single, but most people don’t want to live forever alone.

[@FC-hj9ub]

It's actually very normal

[@laverdadbuscador]

I live this way and so does my wife. It seems like we're in the minority, but hard to say without statistics.

[@owenmarshall2599]

liam something i think if you want to retire at 38 you chose the wrong career path. Living below your means is awesome but it is wild to me people want to retire so early. Good on you if that’s what you want but it kinda seems sad to me.

[@owenmarshall2599]

Jordan Lewis I would feel like I was just existing, not living, but if people want that good on them

[@LungsOutJem]

This works great for people bringing in $200k a year and have been wasting tons of money. Not so much for those of us surviving on $25k who are already doing all of this.

[@LuisaH2022]

I survive on $5k per year

[@LungsOutJem]

@@LuisaH2022 and I bet you already do all of this and more. Best wishes to you, survivor.

[@SandungaLuna]

Agreed ! He's an engineer... lol

[@LungsOutJem]

@Natalie Kurkjian you're missing the point. Besides the fact that there are thousands of legitimate reasons why some people will never be able to make that kind of money, the core aspect of this is that most people are already doing all of these things just to get by, so this channel making a video about "how easy it is to save tons of money by making a few small changes" is an extremely privileged perspective that doesn't take most of the audience into account. I could literally live the rest of my life off of one year of this man's salary, and he's acting like he has to do all of this just to put a little cash in his savings account. It's insulting.

[@alicenandawula1648]

J.C there are People earning less and started the same movement and they are getting there and others already there

[@Thyago2420]

Let's just say I'm getting there because life has taught me a lot, I lost my job as head of my department and decided sourcing other income means without working everyday then I put $ 10k into Stock options and forex trading which has been giving me close to 17 k monthly all it takes is one shift and everything will be alright

[@Noah-pj6tc]

Nice, still well above the average income earners and can act as a form of passive source... Does this require any skill of some sort

[@olivia4182]

Great, this is nice and goes a long way to show that your education is very different from your schooling. Stocks is one solid way to grow wealth for both short and long term investors

[@Thyago2420]

@@Noah-pj6tc I don't trade myself, I do this through my broker / IA Mr Benjamin ravies if you want he could help you too

[@Thyago2420]

Benjamin ravies(a)Gmai Lcom...Is he taking commissions for trades? Yes he is

[@Arief351]

Thanks for sharing this, I will also get into the process right away

[@AlexSanchez2254]

Awesome! I was aiming to retire at 30 and at this point in my life I know I can do it... but my goals changed now I wanna keep building wealth so I can give more to people in need. Sounds cheesy but I’m totally serious. Nothing brings more joy than giving to people who actually need it. That includes mom and dad. I owe them the world.

[@pajcka]

If you have overflowing , just give to other people.Its balance. Someone can't earn enough , someone can much more then he or she needed.

[@russianman07]

@@pajckabruh

[@MarysMakesandMends]

The headline of one his blog posts "How to survive on $36k a year", well that's pretty easy when I make less than that! Haha

[@beautifulrecovery2337]

Omg same...right ?!

[@t.m.3360]

$38k for two adults, two sons and a dog: Seems not much.

[@lisettelachat1870]

T. M. I'm on 12k looking after a teenage daughter and 2 cats

[@t.m.3360]

lisette la chat 12k a year for 2 in Canada? Wow.

[@ossifkiki7574]

👏🏾

[@John-hw3ds]

Awesome interview and he passed on great information. I had to laugh at him not wanting to tell people he is retired. I retired at 42 and that was one of the things i started to dread the most. Everybody seemed to get upset, jealous, or in disbelief that one could retire early. It was always an uncomfortable conversation. I was retired for about 19 months then got offered a job I just could not refuse and its been an outstanding second career. Maybe ill try again at 55.

[@vince5494]

Been reitred since I was 23, don't let the opinions of others affect you friend! I thought a job was the only productive way to occupy my time as well until I found what I was looking for most out of life. Awesome job by the way💪

[@DanKeeley]

@@vince5494 nice. Wheres your video story? 😀

[@binbalebardac4156]

My wife retired in June 2018 at 38 and I hit FIRE December 31st 2019 at 48, We also dread the awkward, "So what do you do for a living?" topic. Most people's brains just seem to go into reject mode. Its as if they internally surmise that if they could not achieve this task, then no one else could have possibly done it and still be normal, happy and not have been gifted a huge windfall/advantage. :)

[@xomox5316]

I can relate, retired at 41, people look at me like I'm crazy when I say I'm retired and some get a little passive aggressive about it family members etc... It's not like I was bragging about it would just mention it when asked what I do. I now just say I'm an investor much easier people accept that. /shrug

[@michaelc9721]

I just say "retired". Then if they have the gumption to ask what I do I say "anything and everything." In addition, if they go further, I tell them that I have not regretted even one day my decision to retire early (at 56).

[@Jessrobbie]

It's pertinent to know that investment is essential to make more money. Right guys??

[@baileyevans3228]

@Mike Anthony I keep on earning every single week with her new strategy and a friend that I referred to her just received $15,600 profit after 14days of investing,, i became jealous lol😊

[@johnsonsteve8774]

@@baileyevans3228 Anyone who introduced you to her truly care about you. Could you believe this is my 12th winning? She's really the best broker someone can work with.

[@stellaadams6620]

@@johnsonsteve8774 I wonder where she got her analysis. It's very hard to find good brokers you know? Because I always receive profits directly into my account whenever she trades for me.

[@nevamorrismorris2640]

[phone].

[@nevamorrismorris2640]

@Maura Harty 👆👆. you can inbox Galia Benartzi on WhatsApp

[@blllywilder8299]

Lately I've been considering setting up an investment account for retirement, I have set asides $400k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing, please I could really use some guidelines.

[@carolinekellysarin3282]

I have the same fear too because I think I'll make a mistake

[@geraldvolkovfoley3479]

If you are new to the markets, I'd advise you get some kind advise or assistance from a financial consultant or Investment coach. That’s the most ideal way to jump into the market in these uncertain times

[@hermandavid2171]

@@geraldvolkovfoley3479 I agree with this, Investment coaching sounds like a great idea, thought about it before but never knew how to go about it, Have you used a coach? what is the experience like?

[@geraldvolkovfoley3479]

@@hermandavid2171 can’t disclose too much , but yea I’ve been using a coach since March 2020, growing my portfolio from $275k to $700k approx. It is pretty straightforward, not as complicated as it used to be.

[@geraldvolkovfoley3479]

@@marilynsuthuyen44 just google search her name Lisa Jill Grenell and you should get all the info you need.

[@callumfrank]

Such a sweet video, one that folks really need to watch. I’m 50, retired a while at 45. I have 35% of my capital invstments in an IRA, 25% in index funds, and the balance spread across other investment accts, in cumulative of over $ 5M. I receive income from my rental properties too. Zero debt and all is going accordingly.

[@annMarien]

You seem to be doing a bit good for yourself. Do you achieve this via a consultant? because I need a scheme to generate a high yield percentage ROI for me and advise on what that would be. In essence, good investments that'll help me achieve FIRE.

[@callumfrank]

@@annMarien Oh yes I definitely use a licensed consultancy agency. They place a sizeable portion of my earnings in fixed securities that generate high in-come for me quarterly like treasury bills, corporate bonds, government securities, and debentures & REITs.

[@annMarien]

@@callumfrank Okay please is there a way I could reach out to this consultancy agency? There's certain goals I have for myself before clocking 50.

[@weicaihon]

You’re really killing the FIRE game 🔥I wish to achieve this some day

[@callumfrank]

they're cal led " ferro chrome financial securities "

[@forevergogo]

"How to survive on 36k$ a year" Dude, I survived on 22k$ a year for nearly a decade, I barely pass 40k now, not everyone is an engineer or doctor.

[@yeller93]

Yes, it's a bit different when you're an engineer who makes a large income and living in a town with far lower expenses than other parts of the country and able to put money away and invest. You and I can't, we're just always in survival mode with our incomes.

[@ariefraiser140]

Are you surviving on $22k a year with a family of 4? Also keep in mind $22K 10 years ago when adjusted for inflation is about $26k today.

[@taikajorma7276]

Patrick Banks Maybe you should go and work for your money instead of whining my grandpa grew up really poor and didint have much to go with but he worked and worked lol

[@zeberzeleniev]

​@@taikajorma7276 He's raising an important point about F.I.R.E. though: virtually every early retiree you'll find on KZbin used to have a highly paid job. For some reason these videos never point that out. I'd challenge you to find me a single average to low earner who achieved F.I.R.E., but I know Snape killed you, so there's no point.

[@cubingmachine1968]

zeberzeleniev at the 0:30 second mark the video stated that they acknowledge “this lifestyle is extreme and isn’t accessible to everyone”? Can I challenge you to watch the whole video before you enter the comment section?

[@MedievalFantasyTV]

Retire at 40 and play Dungeons & Dragons. That's always been my goal in life, except I am already 40 and don't have two cents to rub together.

[@nathancook8325]

Retirement could be no joy if you didn't save enough before retiring.I retired at 66 and have saved $ 1.11 million over the years of my investment. and I'm grateful to God that at least I retired in good health. D&D is a nice game tho

[@davidcarl7812]

@@nathancook8325 That's so true, whether you retire early or late what matters is how you invested your money.

[@demmymemphis8615]

Crypto investment should be on every wise individual list. In a few years you will be ecstatic about the decision you made today. Trust comes from the heart I have doubted crypto for so long until I finally decided to give this a trial

[@winnersenel3992]

@@nathancook8325 I seriously need a nice investment scheme invest my money. I planning on retiring in 6 months time. I'm thinking of investing in stock, crypto or real estate.

[@mirankurt3652]

@@winnersenel3992 Crypto investment is the fastest wealth growing scheme anyone can venture into this 2021

[@blessedvisionary372]

What a wholesome human being. Other then all the ferraris and gold chains and nonsense people aspire for - all we really want is a happy home

[@laurelrunlaurelrun]

this guy knows what 'enough' is. salt of the earth.

[@simini1837]

Due to serious illness in the past I still get tired quite quickly and therefore can only work part time. I work everyday until 14:00 pm max. The fact that I can't work more hours has many disadvantages but the good side to it is that I feel quite free even though in my free time I don't have a lot of energy. It's nice to go home or take a walk after 5 hours of work instead of being in an office all day. I love my job but I feel working part time makes me more creative. The idea of retiring so young seems a bit extreme to me, part time work gives a sense of purpose, financial stability and leaves space for others things and family and friends

[@marjoriegilbers3626]

I’m a dividend investor My wife and I have invested in the s&p500, both through my TSP with the government, and through Fidelity in her 401-k.Cashed out 270k from the S&P and invested with a Full service broker . Until around 4 years ago we were 100% in the s&p after over 20 years.I'm retiring at the end of this month at 52, while my wife will retire next year at 50. We currently have 2.9 million in out tax deferred savings..

[@kathryngibbse5251]

Wow this is really impressive...congrats on your success

[@henrygardner6448]

you made that much from s&p500!! do you by any chance do referrals on your broker?

[@marjoriegilbers3626]

@@henrygardner6448 Certainly I do but I can’t just leave her info here, just google her yourself, her full name is Nancy Jane Gluck, she has a website and everything so you can reach her from there...

[@harleycartley3138]

smart investing is key

[@dingfeldersmurfalot4560]

@@henrygardner6448 S&P 500 is a standard fund that can be gotten at low load or no-load. You don't need a specific broker for it, and no real trading is involved.

[@Blancheivey]

I enjoy the concept investing and the level of profitability it holds. I’m able to stay ahead on inflation and simultaneously, build wealth by investing immaculately in the financial markets under the guidance of my fund manager Nigel K. Phineas

[@MBest-ty3zs]

mentioned this to a colleague earlier on, these are times when investing has become the prior task for achieving actual success.

[@Josep61]

@@Blancheivey For as long as i remember, i’ve procrastinated on my plans to venture into the finance market and i actually would’ve done so long ago if not for some unavoidable distractions i get from virtually everyone

[@Blancheivey]

@@Josep61 Sometimes it’s hard to come to a certain standpoint where you can see clearly ahead. I had to take the bull by the horns when time came for me to stand up to my challenges

[@Josep61]

@@Blancheivey I agree with you, i’d like to know how your investments work with your fund manager and what markets you invest in

[@Blancheivey]

@@Josep61 I contracted Nigel K. Phineas to manage and grow a certain amount of my income by investing them into the stock and forex market commodities for a service fee off the profits generated. Run a google search on him to get more information on his services

[@RAM_C5]

I stopped buying lube and started using spit, it's a small start but it's something.

[@ukickass2]

This is the real answer.

[@katelynnmcdougall9826]

😂😂

[@shadehasbeenthrown1178]

um...good job?

[@vivekchoudhary5676]

The real MVP

[@mishrag104]

I retired at 38 in India and early retirement has challenge to stay engaged without work and make you lazy. My advice, if you plan to retire early, you must figure how you can stay busy after retirement.

[@keyurpatel1982]

Have you invested in Mutual Funds ???

[@Samarthjbr]

@@keyurpatel1982 plus1

[@AbhishekSharma-zm8dt]

1:27 He using Acer laptop and not Apple. Definitely he saved a lot there

[@helena3631]

i have a Acer and and apple I have both fiver years later and my acer cost me 300 approx and my apple 1000..so my Acer is a better bang for your buck..and it helps i still use an iphone 6s ..as long as my phone works I am using it ..I prefer to be debt free than keeping up

[@Slymel22]

You can save even more. Entry level smartphone are getting better and better. Got myself a G7 Power (motorola) 2 years ago. It still works great, got a 5000ma battery on it (Which lasts at least 2 days, and after 2 years the battery is still good). For sure if u ''GAME'' last gen games it won't work on it. But if it's only for browsing, making calls, texts, and general basic needs then it will work great. Cost me 200 CAD Taxes included, with a ''Otterbox Commuter'' and a screen protector (All those for 200) TO me it was a no-brainer and a steal.

[@Misterz3r0]

When everyone around you is trying to be "cool" and "edgy" this guy is the new punk rock.

[@MiaogisTeas]

Totally.

[@SilverTemples]

no.

[@ryanmcadam1]

The guy looks like such a nerd but I envy the hell out of him

[@Mistyfgdf]

"Defaulting to saving without knowing what they are saving for" THAT EXPLAINS ME SO WELL currently 17 and never bought new shoes, clothing or games (I do i have a gaming pc but bless my parents) Due to the pandemic i learned about the stock market, now i have something to spend all the money i gotten from saving my whole life (The stock market) Even started the youtube channel to document it

[@sunnydaze6974]

I retired at 40, it gets very boring very quickly so I now volunteer with various charities.

[@carojames6776]

Get yourself some hobbies .

[@lal5555f]

weird how people with no interests retire lol whats the point

[@FreshKicks4545]

Work part time 4 hours a day

[@Dbf1339]

@@lal5555f if I didn't work so much there would be so many hobbies to start and time to spend doing things but it will cost some money

[@videofan1010]

That's exactly what I would do.

[@paulinajordan9047]

Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works. Forex trading is very profitable if you trade with the right platform. My forex investment now yields a $6k profits on every $2k capital invested

[@jamesmorgan7066]

I totally agree with you, the stock market is the most profitable venture I ever invested in, I reached my goal of $500k yearly trade earnings. Setting realistic goals is an essential part of trading

[@andrewpeter6783]

@@jamesmorgan7066 Your right . Ever since I started investing in stock I've had a very good life

[@beckansmith5224]

Having a stable investment package keeps you financially stable!

[@seanmiller3381]

@@andrewpeter6783 the stock market is a vast platform to invest in. It's very profitable especially when you've got a trusted professional to assist you

[@armalynnica5041]

I'm interested in this stock market but I don't know how to come about it . Any advice ??

[@nicolejennings8389]

Interesting. I'm 33 and have been retired in Texas since I was 29 years old. I had to downsize a large amount of the entire lifestyle but I also don't have children or much debt so I can live in small spaces and rent with roommates and share the costs. I began with 16k in savings. My budget is about $1200/month. I started working when I was 14 years old and saved my summer job income and the all of college jobs as much as possible after the tuition and books.

[@lilsaint91]

I am so attracted by you

[@capeman29]

Lol, I was interested in how to do this until I heard “engineer..,” FIRE is probably easy when you make over 100k a year

[@acrobatmapping]

ya after he invested 4-5 years and 100k in debt into it.

[@ordinaryhuman5645]

I'm borderline FI at 32, without having earned $100k prior to this year. I started at around $40k/year. The concepts work regardless of your income if you control your expenses. The excess income just speeds things up or lets you spend a little more. But if you want to be a normal wageslave until 70 or robots replace you that's cool too.

[@acrobatmapping]

@@ordinaryhuman5645 How much did you save to consider yourself FI?

[@ordinaryhuman5645]

@@acrobatmapping I have a mostly paid off house ($20k to go, price was $100k when I bought it) and about $600k in non-house assets. I hit "borderline FI" sometime last year, and the numbers look good as long as you forget that we're basically all playing with monopoly money now. My expenses were an abnormally high $23k last year, but about $7k was for the mortgage, so I'm thinking ~16k in baseline expenses once the mortgage is gone. $500k should be sufficient for $20k/year income going by the 4% rule, so I should have plenty of wiggle room considering that I have more than $500k and won't need to spend $20k. My baseline expenses will be closer to a 2.67% withdrawal rate if my calculator is working properly. I'm still wageslaving a bit more anyway for a few reasons: 1. finish off the mortgage 2. lockdowns mean there's less fun stuff to do with free time anyway 3. it's winter and cold outside, so I might as well get keep getting paid to play around inside on the computer (e.g. right now) 4. One more year syndrome is real. if you told me a few years ago that I'd be hesitant to resign with a net worth of $700k I don't think I'd believe you. Hard to turn off the money faucet when you know it might not turn back on so easily.

[@jeffnunes741]

Retiring is not the point, guys. The point is not depending on a fixed income every month to make ends meet, which is what freedom really means. I work around 4 hours a day, teaching. I feel like I'm retired, while making good money. At some point, I want to work 2 hours a day. It's still working, but feels much different than giving 8-10 hours a day to a souless corporation.

[@ryanhumor]

Just told my mother I am going to leave the workforce before 40 (I am 35). Now I am telling yall. I appreciate your well wishes.

[@terrellsmith6715]

Power to you bro

[@dingfeldersmurfalot4560]

If you can, great! Live your life instead of having your life live you.

[@stevenhicks7613]

How you doing so far?

[@missnlahi]

Make it happen!

[@ryanhumor]

@@stevenhicks7613 getting closer. Things are lining up better than I could’ve expected. Thank you for checking in Steven 🙏🏾⬆️

[@charleshurstreinvention3959]

I've tried early half retirement at 49 and it wasn't as great as I thought. (I contract so I can spend as much time off as I want). Here was my take and I tried it a few times as I posted to my own subscribers. I was a physical therapy contractor and at times still am. But three times I went overseas to exit out of the workforce. Each time was four months. The first few weeks were great. Then I started sleeping later and later. Finally it got to the point where I was going to bed at 3:00 am and getting up at noon. You can only train in the gym so long and see the castles and temples so many times. Even living in Gdansk, Poland on the Baltic beach----you take that walk down the beach---again. And I had no purpose. Even though I was in the beginnings of making my own videos and setting up the channel I still had 7-8 hours of down time a day. And I don't go to clubs and bars so that left a whole lot of idleness. End point--a human feels the best when there is a purpose. I used to work with the elderly and can tell you that they have a lot of depression once their role in life is gone besides that fishing trip---again. I think I'll also have a part time gig whether it is becoming the almighty influencer or being a part time physical therapist. My mental soundness is far better with a role to play than when I was on permanent vacation. Hope that helps someone out there--Charles

[@HaDao205]

36k for a family of 4 is like 18k ($1500/mo) for a single person. Just be single forever and you can retire with only $450k saved up

[@thatcoolkidjoey]

Where are the numbers😥

[@joanrichards8252]

I admire young people that can retire early, and enjoying it! I also retired at 45 ( 20)yrs ago. Our house was bought cash, our cars a paid off, I have a small saving, which I am hoping to invest some of it soon, and I have an income of $1800/month. I am happy for you guys!

[@Putseller100]

What he says about reduced hours instead of full time is sooo true. Our society pushes us into one full time job that we dedicate all our work energy towards. Why aren't more people working two or three part time jobs which give variety to what they do and decrease the chance of burnout. Doing the same thing over and over gets old no matter how much you liked it in the beginning. Take grass cutting, having a handful of lawns is enjoyable being outside getting exercise but then again doing that full time would be hell.

[@drew8642]

How do you get the much flexibility in scheduling all those “jobs” unless it’s the new “gig”type I guess.

[@AchiraDasgupta]

This sounds nice

[@theWZZA]

One big worry we have in the U.S. is healthcare. The system is designed to force you to keep working. University is also a lot less expensive in Canada. It's cool that this guy pulled it off, though.

[@NHseacoast]

Guy lives in Canada, health insurance is paid for by the government, for me in living in the northeast a good health plan Is $27,000 a year

[@chamade166]

NHseacoast 27,000/year? What the actual fuck. Hope you guys can sort that out soon. Living without guaranteed healthcare that can’t bankrupt my family would bring me a lot of anxiety.

[@greghelton4668]

Healthcare in the US would cost an additional $12,000 per year for his family.

[@Falcodrin]

You can move. There are lots of older Americans living around the world on social security alone and living like Kings while they are at it. KZbin some retired expats.

[@JasonManners]

@@NHseacoast their healthcare is not paid for by the government. The government does not have any money until they get it from the people.

[@jillybohac3627]

I’m retired and have my house paid off I’m 42 ! Best feeling ever

[@Rooneytunes01]

Jilly Bohac smart girl, congrats!

[@amberp5207]

Congratulations! That’s a huge accomplishment

[@Carolina480]

I'm so happy for yu where do yu live

[@jose-tv2tn]

Wonderful !! Congratulations !!

[@olivionb]

Congratulations on your achievement! 🙂

[@jeffdorris5321]

Very interesting. Most people don't realize that retirement Is not reaching a certain age it is a number.

[@Tipberends]

I filed for bankruptcy, divorced my wife, sold my $170k house and moved into a 82' trailer, back in 07'. Had nothing for retirement at 40 yoa. Lived very frugally for years, while I saved for my future. Currently 60' yoa with 3.5 million. Oh, yes I now live in a $600k home. Just focus and set your priorities! Credits to my FA 'Anna Rounds Fay'

[@DARCYcouture1st]

how did you do all this, If you can share some tips it would be very helpful to me

[@Tipberends]

Honestly my FA Anna Rounds Fay did all the work, I invested all the money i had saved up, and in a few years i became a millionaire

[@polreast]

pls who is your FA, i would like to work with this person. I'm ready!

[@Tipberends]

Her name is 'Anna Rounds Fay' Look her up, she's the best thing that's happened to me since my wife left

[@polreast]

I understand, once you take care of financial issues life just becomes way more enjoyable. I googled your FA and i must say her resumé is impressive. Will definitely work with her, thinking of starting with fifty thousand dollars. Thanks for the tip

[@brianlehmkuhl8162]

Legend has it he is back to work in order to fund his ever growing ring collection.

[@ingenuity168]

🤣🤣🤣

[@georgesotiriou7051]

A man has needs.

[@TheProjectOverload]

Great content - We need more Canadian content on FIRE and FI topics - Most of the news and information out there is US based - Thanks for posting!

[@jmfs3497]

"Most work I think is tolerable as long as it is not full-time. A lot more people would be happier on reduced hours". That sounds delightful. It's not the work that I mind at all, it's the bureaucracy of being glued to a computer screen 40+ hours a week, regardless of how much work I'm getting done. I have experienced micromanagers that will just invent meetings and goose-chases that accomplish nothing, just to talk about strategizing how to be busier, not more productive. I would even say that getting a safe and secure job guarantees you won't work around the best and the brightest... at least not for long, as the best and brightest will either move on to follow what drives them, or wither away for that paycheck. I hope I can increase my investments/dividends, and build freelance work that sets me free from that.

[@jeshua09181987]

I've been in my job for 10 years and i'm already 33 and planning to retire at 43, i'll have 10 more years of work slavery (optional retirement needs 20 yrs of service to have a pension) most of my colleagues will exhaust the 56 mandatory retirement age but i don't want that so i am researching on the best plan to accomplish my goals, it excites and freaks me out at the same time.

[@ChazEvansdale]

I'm currently debt free. I'm saving up for a new car and building a tiny house of my own design - with cash / without a loan. My current plan has me retiring in 10-20 years. I've been a minimalist and lived simply for the past 10 years, 6 of which I traveled.

[@titusm2320]

Sweet. Retire in 10 and travel! 20 is too far away

[@xomox5316]

tiny house is a good idea, new car not really worth it.

[@MickDoesStuff]

@Tikes Knit Bar "building a tiny house of my own design - with cash / without a loan."

[@patc1309]

Do you need to buy the land for your tiny house?

[@-.TS.-]

Do you have kids? Just curious how that changes things

[@NickPeitsch]

Man's a HUGE motivation for us in our 20's and 30's out there! On my way at age 24 :)

[@greenlilacs2521]

He definitely planned well. It helps that his wife was of the same mindset. I’m 24 too.

[@iggyfaux6931]

I'm 24 soon with rentals

[@fauj7860]

Im 25 and been working since i was 22 @ 65k a year ,started saving and will prolly have 100k saved by the end of this year but dont know much about investing other than the old skool real estate kinda stuff , i live in toronto and seeing house prices skyrocketing all these years i dont think i can retire anytime soon or even before im 55-60 atleast😔

[@martinezjames83]

Ahh to be young lol

[@KimmiiaS]

@@greenlilacs2521 26, a PhD candidate but I am planning to work on my financial independency as soon as I will defend my thesis 💪

[@robd9819]

Retired at 39 in 2000. So far so good!

[@JamesSmith-cm7sg]

How much do you live on?

[@citationau]

Doing the same thing. In 2016 when i was 32 years old quit my job and moved to the Philippines. Holding foreign money here with low living costs is a bonus. Living off about $500 AUD a month. Invest in the stock market with other small investments that pay me monthly. Living happily here and now learning Filipino.

[@jonathan-3008]

what is the best thing to invest in? I dont know anything about investments but I wanna do something similar when I'm older

[@citationau]

@Kamil Yassin send me a PM

[@Fanta....]

This is really cool. good on you

[@Mickey_McD]

It helps that in Canada they have Universal Healthcare. In the U.S. there's a bigger threat that your FIRE plans will be blown up by some unexpected health care costs.

[@MoneyWithMark69]

Absolutely, We don't have everything covered in Canada as he says, but it's 100% way more easy to rely on. I even know some FI Canadians that live in indonesia, but return to Canada for 5 months out of the year just so they can maintain citizenship / pay taxes just to be eligible for heathcare here.

[@MoneyWithMark69]

@Jo Parks it absolutely is designed for debt and perpetual work.

[@brodelnaz]

It may seem great, but there are horror stories of government run healthcare in Canada waiting months to see a doctor who doesnt care about his job and doesnt help u at all

[@devillockj]

He probably would’ve retired 5 years earlier had he been American. The lower tax, cost of living would win over health insurance. But hey: he’s gotta sound patriotic.

[@Falcodrin]

@@brodelnaz I would rather take the chance on even dying rather than spend the rest of my life in debt for it.