How can we retire? | Chicken Genius, Benny, Qiuyu | Café Money EP 15

[@brandonyeo9617]

i’m 17 from singapore, started buying a few shares of tesla recently with accumulated angpao money over the years

[@asdf56953]

Few share tf. You are a legend man

[@jonathanlin8630]

Wait wtf 17 can open brokerage account alr? Also, nice.

[@brandonyeo9617]

@@jonathanlin8630 no lol, used my elder brother’s acc

[@jonathanlin8630]

@@brandonyeo9617 Nice. When I was 17 I was still pissing around at full speed heading absolutely nowhere in life. Good on you for starting early

[@kingdomovies]

@@jonathanlin8630 same lol

[@kennethyeo8592]

I am 26 years old from Singapore! Started investing a couple of years back! Think a quote I hold dear to myself is “You don’t have to be good, to start but you have to start, to be good!” Thanks for the real solid content! 👍👍

[@snowy7776]

45 from Singapore. Started investing when I hit the legal age to open a CDP account, 18 (I think). Retired last year, thanks to covid, tired of serving the bosses in the public sector. So blessed to have found Ken/CGS 3 mths into retirement. His investment methodology is the sole reason I managed to increase my annual returns by 3 fold. Thank you!

[@willp1653]

From Dave Lee: Earn more income. Own more assets. So put together with CG's principles: Earn more. Spend less. Own more. I'm on this path. Behind. But the way is clear. Thank you.

[@rohgerr]

Same here! Better late than never, bro!

[@Truthspeakers]

From Singapore, bought TSLA after watching Ken’s donkey video. Almost 3X my money now & DCA more in the 580s. Happy to know there are equally good donkeys like Benny & Qiuyu. Started to like Benny & Quiyu now. Will support them too if they have their own channels. 💎 👋

[@carlossp6211]

I realized Ken really knows how to be in front of a camera. I love how natural he looks at the camera every now and then. You all transmit good people vibes and the content it´s so fresh and valuable. Very good job!

[@WhatTheHypeBro]

i think the best is not retirement and do nothing, but having the luxury to work for or on anything and not worry about money. that is the key.

[@tellder1]

27, Vilnius, Lithuania. This channel is a gold mine of value. Personal goal of retirement - 200 000 Eur. for me and my gf to retire. Even with shit tier returns of 10% per year we can still live preety well with these numbers in Lithuania. My portfolio needs to 10x before this moment so I expect to retire in 5-10 (more realisticly 10) years time.

[@roycheong5443]

Roy from Malaysia, Age:23 (still a student) Start small amount of investment in stocks. Plan to retire at the age of 40. Travel around the world and enjoy life. 17 years from now.

[@larryhall83]

I passed sixty (a few years back) without 10% of the financial-philosophical wisdom of this endearing trio.

[@3hats1brainme]

I am a IT Consultant that holds multiple business and I am a slave to my own businesses as I am the branding of the companies and not the other way round and with that, I am in a deep chasm. Focusing on trying to get out and this is a real solid content, thanks guys! Chicken forever~ LOL

[@xxbcozxx]

Wow "playing not to lose is not playing to win" this is mind blowing statement.

[@nickgreen8268]

This is a Robert Kyosaki quote.

[@raygrenade1697]

once you win, u can play to not lose aka diversify your millions. diversifying 50k is pointless

[@tashi282]

I'm not a car person but I bought a brand new model 3 in 2018 and then bought T$LA-I'm loaded-this experience is amazing!

[@gerardtx291]

Honestly the whole concept of retirement is subjective and this topic really got me thinking about my retirement plans in the next decade. Love all your contents and your viewpoints on these topics!

[@johnchan8771]

Thanks KZbin to provide the channel for Cafe Money to mass educate the public about financial education! Of course CGS and his team are magnificent in spending their "retirement" hours in coming up with practical and simple ideas, likes buy what you need and not what you want, changing friend groups, etc., for the mass to follow. Look forward to see you all again soon!

[@AznBoi871]

25, Australia, I'm a electrician by trade and just applied to join the army as an infantry soldier. Right now I'm focused on building my skillsets that bring actual value to those around me. Easy going and always down for a chat and I'd love to meet like minded new friends.

[@sophiec3592]

After Watch Dave Lee he’s great Sugi - I once had an hard time finding people like my mindset I find out that commenting in these type of videos helps :) good luck

[@AznBoi871]

@@sophiec3592 hi Sophie ^__^ that's so good to hear. one of the reasons I'm applying in the army is because of the potential for networking opportunities. I feel like I'm slowly outgrowing my highschool group of friends in terms of what we think financial freedom means to us.

[@Treyy896]

I’m Trey 24 from the UK 🇬🇧. I would love to meet more people my age on the same journey to financial freedom

[@tereziaridzonova]

I am 23, started investing in Tesla with my bf almost two years ago. I am from Slovakia and my bf is from Czechia. #teamgrowth

[@5000MikeMaster]

I’m 23 and I have $300,000 in Tesla stock. I bought years ago I’m up more than 16X

[@JackpotJKO]

Local business owner ( home furnishings) for 20 years, closed it down in 2010 and went to work for the government to secure health benefits. Anticipate retirement in 2025. Thanks 🙏

[@samsonseah74]

Fav quotes of the episode. 1) 10 x or go home 2) buy what you need then invest the rest. Do your recommend to keep an emergency fund? i have 12 months set aside so far

[@Weetbixkidd]

I know Ken doesn't believe in emergency funds. I think he has mentioned even having 4 months aside is nuts to him. He feels he can liquidate stocks and have the money clear in his account in a few days if he needed it, so is happy for just a small amount to be put aside for short term spending.

[@jpl0202]

Benny, you are an old sole. So much wisdom in a young person! You too Qiuyu! You too Ken! Retirement to most people is something you do after raising your children and working for the man for 40 years. Must redefine retirement which you 3 have done!

[@alexanderroberts8579]

Yes excited to watch. I have 130 Tesla shares. With option for 100 more at 600 in 2023. Just keep buying till I’m rich

[@4321Mojojojo]

Thank you Benny, Qiuyu and Ken. I really enjoy watching every single episodes and listening in on all of you sharing your thought process and your insights. It is really inspiring and motivating. Every single week there is always something to look forward to and is tuning in to Cafe money, which is really refreshing and i always get another good reminder from your lessons

[@vincenttan2242]

Absolutely A++ channel. I'm a Singaporean in my 40+ and have made life changing money due to Chicken Genius. I agree with all the things u guys have mentioned -> from peer pressure (spending) to growth vs passive to big ticket items. I'm all in for growth and is looking into the crypto space. Love your channel and please continue the good work of education. Too little is taught about managing finance and most people are just running the rat race. Excellent work and jia you!! 😊 We need more people like you guys.. Cheers

[@realcafemoney]

Thank you for your encouragement! Glad that you love our content!

[@liewchinlee6805]

I just started my investing journey during late 2020 and I am beginning to love how investing can do for me for the long run! It made me more cautious about my spending as well! I agree with starting young bc I"ve alr made quite a few mistakes for my investment and with that, I'll know what to be wary of whenever i invest! So yes, start young and avoid expensive mistake!!!

[@marks.8803]

You all talk about your investment properties. Could you do an episode on investment properties? What makes a good investment property? Is there a formula you use, etc.?

[@eightfoldsg]

When you mix with friends that do well, you will naturally want to do well and you most likely would

[@sophiec3592]

My business lol for now being a mom Haha - no days off - sick or not hahaha But very fulfilling position We’re located in Central California guys 1 hr away from Silicon Valley - I work in Healthcare, seeking other business ideas to multiple our portfolios meanwhile taking care of my children. So far so good :) Team Growth 💯

[@kiminhei]

Haha I love this. Being a mom is no joke, you become a logistics expert, teacher, professional shopper and so much more! I'm also from California, Bay Area

[@bryanyeesg]

Great episode as always. Probably unpopular opinion - Only buy car if you can buy it full in cash and actually not take a loan, as the front loading of interest means you're gonna pay for the cost of car and most of the compounded interest anyway. However, with property (especially a growing one), we ought to take maximum loan to maximize our returns as this is good debt as we're borrowing to grow our asset.

[@Simithy]

My Pot size is about 420grams

[@Itsahmadworld]

Coffee Gang here from the U.K.

[@kiminhei]

I'm from California, after working for many years, I realized I want to retire early thru growth/crypto investing so that I can have time to sit and think deeply about life, connect to my intuition and purpose to serve others, which is not possible when your energy is going toward a job in the rat race! Also I really am not good with the workplace politics. So like you said, freedom :) Loved what you said about investing being an emotional journey of learning how you behave when markets go thru their ups and downs. This is SUCH great advice 👍. If you start investing while you're young and learn these mistakes then, you will be set. Your mindset changes when you have children or become older.

[@JoeHardman]

Another invaluable episode! Sharing with my friends and family. I'm happy to say that I have already implemented many of these points 😊 Thanks for the real talk and keeping the topics so relatable! Keep up the good work! ❤️

[@quanquan7708]

Thank you for covering this topic. Certainly helps younger people to understand the perspective from someone who has attained financial freedom. It took me quite a while after entering the workforce to realise that people do not automatically retire because they grow older, somehow some retirement account appears and can feed them for the rest of their life etc. -_-" Its more of the passive income that you have achieved or acquired that allows you to do that.

[@disengagedsage737]

I never plan on retiring because I don't ever want to stop doing what I love in life.

[@rafiq6521]

Qiuyu is so cute haha

[@realcafemoney]

LOL. Thank you!😊

[@apa9843]

Quiyu & Chx G.😍

[@sgist7824]

I'm in the UK, 45 and doing the best I can for my family. We want to have the option to reduce hours in 10 years, 5 years would be wonderful. Maybe Tesla will help us with that.

[@jayshawnXX]

Thank you guys. Its meant a lot to me. Really appreciate it.

[@ishmaelali]

Really LOVED this video great job Cafe Money! Any Chicken Gang in HOUSTON, TX?

[@AlexGui1]

thanks chicken genius found his purpose to help others on youtube

[@realcafemoney]

good to hear this!

[@DomCOuano]

I very recently wrote an update on my website saying "I am taking a break from filmmaking and creative work to focus on other investments." I just might leave it like that forever. I really like that idea of eventually making yourself obsolete.

[@blackraider5123]

I started at 19 yrs ol', had a great start so far, love from indonesia

[@restaly]

Hello, I am 26 years old still in uni only graduating next year. I started investing since Feb 2021 and been following this channel since the first episode. Really opens up my mindset in investing. Will you all make an episode on "options trading" ? Btw the NFT joke was funny! cheers!

[@levyon2032]

23, Malaysian. A university student studying mathematics and doing a part time job of teaching. Want to be financially free to spend more time with my family and friends, have the ability to help those close to me and to pursue a chess title (I know, the last one is very random). Team Growth!

[@wrsawrhr]

This is gold content! thank you to the team for sharing so much real advice!

[@valandil86]

Im 34 from Norway. Mostly invested in Tesla, hope to retire in 10 years.

[@btslee]

Hello from Kuching, Borneo 👋 i love my cars though so building my passive income to sustain my interest. Qiuyu has inspired me. Team retire in 5 years and driving a Mazda RX-7 for me. Team growth 💪 10x or go home 🙌 thank you for the positive vibes

[@realcafemoney]

Thank you! This made my day! All the best!

[@christgoku]

I love this episode so much! Thank you! 34, local Singaporean. I'm on my journey towards early retirement also so this episode really confirms alot of my thinking and also given me some new thoughts esp. figuring what to do after retirement. Jiayou Qiuyu on your 5yr plan! See you at the destination :)

[@realcafemoney]

Yeah! See you! Haha

[@genesisway01]

i agreed with Qiuyu. i want to retire to do nothing (do it for money) but do things tt i enjoyed. i can volunteer to impact more lives for animal.

[@dxelson]

Dear Café Money, 22:10 , can you make a video about this topic? "Big Ticket Items", such as insurance and health. And it wuold be nice to have uests on the FIRE movement with children! Because children can be a huge obstacle from retiring early

[@yeojuanpoh]

Thank you all for another video !

[@realcafemoney]

Our pleasure!

[@wirirz6511]

Hi, I have been watching the video since ep1. All content are very inspiring, hope you guys keep doing the video to educate more ppl or even create a group chat to filter out those donkeys away... My current portfolio are heavily on Tesla and Crypto (Nano, Dfi) and will continue DCA on DFI to earn the staking rewards, hope all to the moon. It's either 10X or go home...

[@damianchang6439]

U.K. 43 years young, having made financial mistakes in my formative years and now knowing much more about financial wealth management and investments into growth stocks, 2020 was a great year! I started investing in Crypto in 2017 best thing I ever did. I’m still learning and your channel is my top favourite, the knowledge you give for free is invaluable and worth more than £1000s you could give away. ‘Give a person a fish you feed them for a day, teach a person to fish, you feed them for a lifetime.’ Thanks guys for all your advice 😊

[@Treyy896]

Agreed! I can’t believe some of these KZbinrs try and sell you a course to learn when people are on the platform giving VALUABLE advise for free. I’m 26 from the UK 🇬🇧 wishing you the best !

[@MarcusChaiT_T]

Wow I can sleep better tonight after listening to this

[@ladok1865]

Love you guys! Country - Georgia Retirement plan = max 4 years. All I need is #TSLA to 2500$

[@adroid4145]

Hello from Austria 🇦🇹 I love your inspirational content :D

[@anything1283]

26, Singapore Started my investment journey in March this year after getting my first job! Hoping I can retire or hit financial freedom around 2030 - 2032 Plans for retirement: Traveling the world while I'm young!

[@alphapowered]

Hope Benny sees this, as I'm intrigued by his comments about "Forgo positive income cashflow properties" at about 18:37, that I viewed it again today. A question that I have is what will Benny do when he is in his 50s and assuming retirement age at 65. Will he continue to (1) buy+sell or (2) keep the positive cashflow property for passive income? How can I analyze this mathematically? Maybe can learn about this during the upcoming webinar this weekend.

[@mcfattus9452]

34 UK investor and part of the chicken gang! 🐔 😍 minimalist and invest 90% Tesla 10% Crypto and on the road to financial freedom thanks to communities like this 😇👏

[@sgist7824]

UK here too, and also investing in Tesla since last June thanks to the Chicken and learning so much. The book The Future is Faster Than You Think was also invaluable.

[@POPsnaps]

MALAYSIA CHICKEN CAFE GANG! TEAM GROWTH Like this

[@malaizaifitness1246]

TEAM GROWTH

[@LifeHacksProducts]

Best quote of the day - "Retire and do nothing is like a jail (without bars)."

[@futurederrick]

Thank you for sharing.

[@dawnnbaby]

i love this episode, what your shared has really resided in me. Benny, i have a question on what you said, what do you mean by growth properties? can you give an example? Thanks :)

[@marcorodriguez8477]

You three are my only friends. Average salary: ~$5.5 billion

[@Ok-lb1ww]

Thank you Money Gangg for another amazing video. ;') A struggling undergraduate that hopes to be financially free.

[@neutraluser4019]

Good discussion, agree all except downgrading your house. In my opinion, retirement is not about downgrading but rather maintaining your present lifestyle (including your house) and doing things you enjoy. In another word, you don't even need to upgrade during your active life if you know you cannot maintain it when you retire.😉

[@realcafemoney]

Thanks for sharing! Great Point!

[@mpenlandmoto]

Chicken Gang. Bozeman, MT. 🚀

[@dpanganiban3343]

very inspirational. i am making a goal for my retirement... hopefully in 5 yrs :)

[@danielgreenwood8360]

Danny from Canada love your videos

[@adelpea]

Team growth!!!

[@illiosbelonce7461]

Yes, please do interviews of business owners

[@sanmu85]

Qiuyu and Chicken Genius should get married, I find their thoughts are quite on par! Both Dog lovers, Tesla gang, Property savy! Hope to see them together

[@jl8143]

Spend less and invest more. Sounds easy but always so hard to do. Great sound advise from u guys:)

[@zhichengmaxchua9674]

TEAM GROWTH!

[@jonathanlin8630]

The dream is FIRE boys

[@tommyvuitton3113]

Chicken gang Czech Republic!!

[@WitchHunter93]

If Warren Redlich is correct, I'll be able to retire very soon, but I've never really considered what to do after. For the first time in my life, all work would be optional, and that's such an odd feeling. I've always worked for the purpose of getting "better work". I studied in class to graduate, I worked hard to get promoted, I quit my job to go to a better job. All work that I've done has been for the purpose of doing another type of work that advances my career. But what do I do if my stock portfolio accelerates me to the end? Well, it's not a very bad problem to have, so I'll cross that bridge when I come to it.

[@wcweng1]

Ya . I second that . Wasted time focus on dividend investing.... now I look at growth....chicken gang nowXD

[@larryhoo]

i am running a construction and IT business. I moved from being a busy bee into kaypo boss. I spent time to find rewards for my staff so they can work hard with me so i can be a lazy bumb or a free loader 🤣

[@An-to5br]

If I can only set out $500 per month comfortably now with my current situation. I will only be able to purchase fractional shares with IBKR, however they charge $10 a month and $1 per trade, should I do DCA with a frequency of monthly or quarterly?

[@DenG611]

Avid follower from the Philippines. Keep it up guys!

[@realcafemoney]

Awesome! Thank you!

[@e-zonneoh8941]

25 here from Malaysia!

[@tommyvuitton3113]

great content as always!

[@traderblink]

I am 23 Yrs Old this year from SG. Been investing since last year, planning to retire in 10 years, 2031!! xD

[@donkeylzc]

im gonna be business owner with my mom and dad hahah. Doing packaging and design. hopefully we do well

[@personal9045]

As long as your expense is low enough you can probably retire now. Getting a passive income of 20% per year is pretty easy and with just $100K invested, 20K a year is more than enough for most retirement plans. If you don't have 100k just live with a smaller retirement budget. If you can't make 20% per year, just follow ken's investment strategy blindly and you will get that return.

[@landisk3530]

You are never too poor or young to learn investment

[@Rouk3]

join chicken gang .. the next moment CID call you up drink coffee

[@BonnieSKC]

Love from HK!

[@keithsia5466]

Nice!

[@nickgreen8268]

Qiuyu makes me want to invest safe.

[@SetTheCurve]

Easy to focus on healthcare when you can afford health insurance because you are a millionaire. When paying for insurance costs you basically nothing. For a regular person, insurance is like 7% of our gross income.

[@BullRun-kb2gg]

(Singapore) What is your opinion about people putting their monies into CPF and expecting a 4% interest rate and being able to get a “monthly” withdrawal?

[@sirsa000]

Awesome guys, as always 👍🏻

[@realcafemoney]

Thank you so much 😀

[@family.fire.by.2025]

Team growth. 10X or go home!

[@kankikan8584]

thank you for sharing, fkin legit youtube channel. My portfolio is made up of 50% GME, 50% ADA. Im in my late 20s, retirement in 2 years. Running a local e-commerce business, feels like im semi obsolete, enjoy what I am doing.

[@SiriusTheKid]

Gme n ada wow

[@realcafemoney]

Good stuff! glad you enjoy this channel!

[@kankikan8584]

@@realcafemoney many points you guys mentioned over the past few videos, are 100% accurate on how to grow wealth. Ive seen myself implementing these tips in my own life and the changes are great.

[@cryzemagus2596]

Quote of the day - Find new friends like Benny, Qiuyu and 🐥Genius! Team Growth to the moon 🌚 10X

[@windfern]

i am 42 but i hope i am not too late.

[@SiriusTheKid]

All in… 10x n retire!