How I Retired So Early │ The ACTUAL Sacrifices It Took

In this video, inspired by a subscriber, we dive into early retirement and what it truly took to get here so young! I share real world sacrifices that I made and a few ongoing sacrifices. I also share my most recent investment!
For more on my actual investment strategy that got me to retirement, check this video out: • How I Make Money Witho...
#mexico #travel #expat #fire #retirement #retireearly #finance #vlog

[@williamgreystone2098]

Very inspiring 👏 I'm watching Rope Monster videos on a Saturday afternoon.

[@theropemonster]

Thanks William!! I’m glad you’re finding that video useful and inspiring! That was definitely my hope, to demonstrate what’s truly possible! 💰😎🏝️🇲🇽

[@12345jcormier]

Great video! I am subscribed. Lots of inspiration for me as I work towards slow travel. Thank you.

[@theropemonster]

Thanks my friend!! So happy you found the video inspirational and I wish you all the best on your slow travel lifestyle! I appreciate you checking out my channel! Salud 🍻 🇲🇽📈😎🏝️

[@FinancialFreedomLifestyle]

Right on man! We reached financial freedom 3 years ago at 28. Love seeing other young people sharing there journey. Keep it up.

[@theropemonster]

Wow!! At 28?!! That’s incredible, congrats to you guys! Thanks for checking out the video 📈😎🏝️🍻

[@AdrianaZamayoa]

You’re absolutely right when it comes to accomplishing your goals!! Anyone who has the will power can do it!! Congratulations on that!! My husband and I are planning our retirement soon,we are in our early 50s and want to make our dreams come true and live in Mexico! We absolutely love Playa Del Carmen or our home town in Michoacán ..we invested early on 30 years ago and bought a huge property and that has made everything so much easier for our future 😊

[@theropemonster]

So wise to buy real estate early on like that to give it decades to appreciate and quietly build wealth…way to go!! That’s great to hear that an early retirement is just around the corner for you and your husband, congratulations to you both and many thanks for checking out the video Adriana! Hope to see you guys in MX, first Bohemia of retirement is on me 😎🇲🇽🏝️🍻

[@AdrianaZamayoa]

@@theropemonster Hey thanks for all the great tips,very helpful advice! We took early steps for our future and so far I can say it’s been worth every penny and sacrifice! I’m sure we can celebrate big sometimes soon and have a blast with a great Bohemia!! I’ll take up your invite and for the meantime let’s continue this beautiful journey called life🥰🥃🤗🫶

[@timmy2310]

You’re not retired, you’re retired from labor Mr. Investor 🤑

[@theropemonster]

Haha true Timmy, I definitely still use my noggin a fair amount 🤓! Thanks for checking out the video!!

[@sergiolandz6056]

Nothing wrong with honest labor work, thats the problem with people now a days, they dont want to work and they all want to sit at a computer and press buttons.

[@theropemonster]

@@sergiolandz6056 hey my friend! I agree. I started mowing lawns at 10 years old and graduated to commercial tree farming by 17 and organic farming by 25… But a body can only take so much and I did my fair share. I come from a family of tradesman so I have nothing but respect for people who work with their hands (and brains). My dad was a foreman electrician. Smartest man I’ve ever known. Thanks for watching 🏝️😎

[@adaml2932]

I'm in same situation as you, just a few years behind you. Someone would think we r related. We think alike. I drive a 20 year old Ford Ranger & love it. I'm not getting a new vehicle until this one dies on me or gets totaled. I pay well below market rate for rent because the place is old & 1/2 way between a studio & 1br. Made a deal w/ landlord that i will take care of everything inside & bring all my own appliances.

[@theropemonster]

That’s so awesome Adam, I literally just got done telling my dad a few weeks ago: “if I had to buy another vehicle, it would be an old Ford Ranger” 🤠. Why not buy the depreciating assets, once they’ve already depreciated! Smart move on negotiating with your landlord and thinking differently than most! You never know if you don’t try. Thanks for the ongoing support of the channel, my friend! 📈🇲🇽🏝️😎

[@WaltMagnado]

Thanks for the mention. :) My trading / investing journey is just beginning. In the spring of 2025 I'll be in Playa...hopefully far closer to retirement than I am.

[@theropemonster]

Absolutely Walt, always appreciate seeing your comments! I hope your journey, albeit early, is going well. Seems like yesterday I was saying the same thing. All the best and hopefully the video did a proper job of answering your question! Glad you’re able to take a break next spring and get some beach time 🏝️😎

[@earnitstew7609]

Thanks brother.

[@theropemonster]

My pleasure! Thanks for watching 📈😎

[@GringoNation]

Cutting out the alcohol made a huge difference, I'm sure! Alcohol prices in the US are INSANE!

[@theropemonster]

Facts bro!! A Moscow Mule in South Beach= MINIMUM $30us 😭

[@Tomkackson]

Happy Belated birthday. Great video really like the look of the area you walked around.

[@theropemonster]

Thank you for the birthday wishes and for checking out the video! The Colosio neighborhood is where the first 10 minutes of the video were filmed, I also think it’s very pleasant looking. The air is also fresher on that part of 5th Ave because of the protected green areas. All the best to you 😎🏝️

[@Ecsugrad27]

I'm on an early retirement plan in the next 5 years. Goal is 750k in savings/investments which should provide me with $37k at a 5% flat return per year. $37k a year is totally doable in Playa right?

[@theropemonster]

Absolutely! Middle class in Mexico is considered $18,000-$22,000mxn pesos/month. That’s only about $1k/month USD… so you’d be 3x that! I actually challenged myself for 3 straight months to live on $900/month in Playa and was able to do it just fine! Here’s a link to the video I did on that! Thanks for the great question and for watching! Best wishes on reaching your early retirement goals 😎🇲🇽📈 kzbin.info/www/bejne/gYCbhHalqL9prLMsi=r7-Mccnteydt-noV

[@EmpowerWave-ol2ol]

Great advice especially the drinking

[@theropemonster]

Yea, that was a big one ☝🏻!! Thanks for checking out the video 😎🏝️📈

[@eurus7539]

Man i came across you by accident but glad i did

[@jijib7691]

YES! Please feel free to talk about your retirement and investments! I'm a newbie in the stock market and have been reading books and KZbin, some you have recommended. I opened an investment account and have dipped my toes in some stocks, and have also allocated in the Bitcoin ETFs that have just come out. Anyway, thanks again and enjoy!!

[@theropemonster]

Awesome Jiji, congrats on getting started!! In that case, I’ll keep ‘em coming 🤓. It’s a subject I truly enjoy… call me a nerd but analyzing companies and their fundamentals calms me and brings me a lot of satisfaction. Thanks so much for your feedback and checking out the new video!

[@frankcentofanti9317]

Dont get married again enjoy being single stress free, Marriage rules screw men if you have to get a prenup

[@theropemonster]

Sound advice Frank, once was enough for me! Many thanks for watching and for the words of wisdom.

[@f.santosss]

I am 35 and I work in construction, I recently started investing in ETFs, I would like to retire at 45 if you can give some investment tips, awesome video 🤝

[@theropemonster]

First of all, congrats on getting started and thanks for checking out the video! I think ETFs are a great place to get started. I can’t give direct investment advice as I’m not a licensed financial advisor, but I will keep sharing my real life experiences and my personal strategy through these videos! I focused mostly on dividend paying stocks and ETFs to build cash flow/passive income. Hope that helps! One ETF that helped get me here was SCHD 😎🏝️📈

[@f.santosss]

@@theropemonster got it, thank you for the tip, this sacrifice is very worthwhile, I will continue working and investing I like one that is called JEPI too, thanks again

[@RicksCafeAmericana]

Thank you! I just shared this with my two young adult daughters.

[@theropemonster]

That’s awesome Rick!! Thanks for sharing and for checking out the video! The goal is definitely to help people of all ages realize early retirement is attainable and realistic with the right knowledge and mindset. All the best to you and your family 😎📈🏝️

[@RubenC85]

Just found your channel, have you visited Thailand ? And your absolutely right about 70% savings rate, it turbo charged my FI independence at mid 30’s too

[@theropemonster]

Hey Ruben, welcome to the channel! That’s awesome, are you in Thailand full time?! I haven’t done Thailand yet but have been so tempted. For now I’m just too happy here in Playa to leave. Thanks for watching and congrats on reaching FI… such a great feeling!🏝️🇲🇽🍻 🏐

[@SIGGYINTERNATIONAL]

wow 353 usd studio in pdc ?! is that price pretty common? i would love to find something like that , is that electric included ?, your 70% savings rate is epic, i think the best ive done is about 40 % but much lower in other years, im definitely going to shoot for that 70 in the future lol ! great advice in the video !

[@theropemonster]

Yea 70% doesn’t come easy lol but I still managed to enjoy the hell out of life during those times too! $6,500mxn or $350US is NOT common but can still be found in Colosio. $550 or so is fairly common but can include a rooftop pool and laundry in some cases! The electricity is the ONLY utility not included in my studio but it’s surprisingly cheap per kw/h in that neighborhood. My ac runs all night and whenever I’m home and it’s like 550-700pesos every two months. Dirt cheap. Thanks for checking out the video and for the great questions!

[@SIGGYINTERNATIONAL]

@@theropemonster thanks for the great info, bro! i'll definitely be stopping by pdc to check it out , and may end up renting there longer term in the nice weather months. i've only been to cancun so far . but pdc looks like a cool little beach town, i'm watching some more of your videos now about living cheap in pdc to see how it is for you down there , and where to eat !

[@sportymicahglick8522]

LOL, I just bought SBUX yesterday, hurry back to Playa!

[@theropemonster]

Nice buy!! 😎☕️💵

[@sportymicahglick8522]

@@theropemonster LOl, watching your video at the same time you responded, I bought it at $75 about the same price as you, maybe it's time to reload:). I am really sorry about La Policia, that sucks but don't let 1 bad experience overly impact you, think about all of the positives!!

[@supermarinespitfire1]

Great video, thank you. I really resonate with the freedom aspect. It's horrible being chained to a job. But, kids...they are so damn worth having. You can still be smart with your money, kids might delay the big day (retiring early), but it will come. Anyone reading this, don't forgo kids just for money.

[@theropemonster]

Words of wisdom there!! Thanks so much for sharing that with us here and checking out the video. All the best to you and your family 🏝️😎📈

[@adaml2932]

12:16 I was talking to a lady from Bolivia & sent her a picture of fresh squeezed orange juice I bought in CDMX from street vendor for $1.50USD & she called that expensive, in Bolivia $0.75USD is normal.

[@theropemonster]

Hey Adam! Yea, it’s such a trip how cheap fruit is in the Andean countries… that’s the #1 thing I miss about that region for sure. $1.50usd in CDMX isn’t bad though 😎🇲🇽. Thanks for your ongoing support of the channel my friend!

[@MarcosTechHero]

Good stuff what else do you do in playa and work

[@theropemonster]

Thanks Marcos! I mostly spend my time here exploring, filming, riding my long board, hanging out with my girlfriend, and playing beach volleyball 🏐 🏝️😎. As far as work, I am completely retired, but I do manage my own portfolio of investments which from time to time requires some basic analysis 🧐. Thanks for watching!

[@ruel_1]

How do you feel about certificate of Deposit, I currently have one, that Pays 5.13%.

[@theropemonster]

5% is a nice return for sure and CDs can be a nice addition to a portfolio, but generally I think there are better returns to be had on dividend paying stocks and ETFs if you make sure to buy with a margin of safety (pay less than what you think it’s worth). Thanks for the question and for checking out the video 📈🏝️🍻🇲🇽

[@AbsolutFFM]

How did you find the apartment? 350$ is amazing :)

[@theropemonster]

Literally went to the Colosio neighborhood and knocked on gates… 3rd building I tried, I met my current landlady and she offered me the studio 😎. Thanks for the great question and for watching!

[@vicevrsa386]

how u earning money? as in how u stayin retired. u just got hundos of thous and called it a life eh

[@Ecsugrad27]

Dividends from investments.

[@kohare2431]

I'm 35 worth 2.1m and came to the USA as an illegal immigrant. Alone with 1000 in a sock, not even a wallet. The day I retire is when im dead it's not work if u enjoy it, lol..

[@theropemonster]

I love it!! Thanks for sharing that story and the grind is real. I also love to work. Even in “retirement” I’m a dedicated investor and am building this KZbin channel with great pleasure. Thanks for watching 📈🏝️😎

[@kohare2431]

@theropemonster I just subscribe to ur channel i look foward to following u fella.. 🇮🇪 🇮🇪

[@yungbuck4947]

by being a colonizer / gentrofier?

[@theropemonster]

Not sure what you mean?

[@yungbuck4947]

@@theropemonster Gringos are gentrifying Mexico to the point Mexico has started sending them back in the thousands. You get to make U.S. $ but you pay Mexico prices for sht and don't think its an issue? You talking about how to retire early is like a corporation saying "How to work 4 hours a week" as it outsources it's labor to children in sweatshops. The locals work until they're 80 while you make youtube videos bragging as you push them out. colonizer sht

[@vicevrsa386]

absoleutly can be done ? how tho, jst a vid of u walkn n talkn bout ur friends being degens

[@theropemonster]

Sacrifice, saving, and INVESTING in stocks and ETFs that pay dividends. That’s where the cash flow comes from… thought I made that pretty clear lol…