How Inflation In America Is Destroying Your Retirement & How You Can Fix it

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Grounded Life Finances

Grounded Life Finances

13 күн бұрын

Today we talk about how inflation in America is destroying your retirement & how you can fix it. We share with you how Greedflation has taken over and how it may ruin your plans for retirement and early retirement. We go over how we got here and how you can avoid losing money on it.
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Пікірлер: 234
@thelooseseal
@thelooseseal 10 күн бұрын
I'm a 48-year-old doctor feeling burnt out from long hours and stress. I've never invested in a retirement portfolio because I've always believed the economy would collapse eventually. However, I plan to retire soon and I'm curious: If you had $1 million to invest safely in stocks over 4-5 years to grow, how would you start?
@TylerofSc004
@TylerofSc004 10 күн бұрын
To minimize risks and maximize growth, I think every investor should begin with ETFs for a strong foundation, diversify across asset classes, and continue with disciplined, regular investing.
@greekbarrios
@greekbarrios 10 күн бұрын
Opting for a financial advisor is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with one for a while, and my portfolio has grown by 85% since Q4 2022.
@Wendytsang12
@Wendytsang12 10 күн бұрын
Impressive! I admit I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.
@greekbarrios
@greekbarrios 10 күн бұрын
She goes by "Jill Marie Carroll" I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
@Wendytsang12
@Wendytsang12 10 күн бұрын
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
@joec1920
@joec1920 11 күн бұрын
America is the place to make money, not the place to spend money.
@zezeebetaa
@zezeebetaa 11 күн бұрын
Make money for the wealthy
@fs5775
@fs5775 11 күн бұрын
*and the place to invest money
@kimmypee4813
@kimmypee4813 10 күн бұрын
Exactly
@moa3810
@moa3810 3 күн бұрын
Catch 20!
@SocialCouplepreneur
@SocialCouplepreneur 11 күн бұрын
Greedflation sounds about right. Big Mac Meal on Door Dash here is $10.56 before the fees. $19.74 after fees🤦🏽‍♀️. Being able to make money no matter where you live is the goal. Thanks for another great and informative video.
@tarikviaer-mcclymont5762
@tarikviaer-mcclymont5762 11 күн бұрын
Pick up yourself
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
Oh wow! The delivery is crazy!
@DaveM-FFB
@DaveM-FFB 9 күн бұрын
Unless someone is incapacitated or doesn't have access to transportation, I don't understand being so busy that you wouldn't pick up your own food. I actually only used Door Dash one time. We had just driven for 9 hours and checked into a hotel which didn't have a restaurant. We were exhausted, and overpaying for the convenience of meal delivery seemed reasonable.
@fs5775
@fs5775 11 күн бұрын
Long-term American expat here, same exact reaction as you guys about costs in the U.S., it's horrifying. I'm currently living in Vietnam where I have ZERO intention of leaving any time soon. I eat out every single day, sometimes twice a day and still able to save $1000-$2000 every month on a teacher's salary (paid in USD). I also live in luxury 2 bedroom/2 bath apartment w/gym, pool, doormen, etc for $450 a month. Hell no am I going back to US any time soon, but hell yes am I investing in the US stock market.
@jnsa9454
@jnsa9454 11 күн бұрын
You teach English there? And save $1-2k a month? Woww!
@fs5775
@fs5775 11 күн бұрын
@@jnsa9454 Teach academic writing classes in English at university
@lindarobinson2104
@lindarobinson2104 11 күн бұрын
What made you decide on Vietnam?
@fs5775
@fs5775 11 күн бұрын
@@lindarobinson2104 cost of living, high quality of life, affordable high quality health care, friendly, open to foreigners, beautiful beaches/tourist sites, they love Americans (yes, they do, I live here I should know as I am one), relatively 'undiscovered' compared to places like Thailand, loads of paid vacation time, and I have a great job with super motivated respectful students who I don't have to worry about shooting me if they get a low grade
@fs5775
@fs5775 10 күн бұрын
@@jnsa9454 I teach academic writing courses in English at university level
@dorothymoller566
@dorothymoller566 11 күн бұрын
The really horrifying trend that’s made retirement out of reach is housing. I sold my house in a very well to do California community awhile back. Since then I’ve rented in three different communities in the US. I now pay more in rent for an apartment than I did for my house mortgage. Retiring outside the US has always been the plan, but it gets more and more urgent as I wrap up my career. Sad state of affairs.
@lindarobinson2104
@lindarobinson2104 11 күн бұрын
This is what I was talking to my husband about. We own property in CA and are preparing to retire to Nev. I told him that unless we as a nation change the way we operate our lives, one if not more of our children's children will be homeless.
@robertweisberg5570
@robertweisberg5570 10 күн бұрын
Before you sell, you always have to look at rent costs. I am sure you made a large profit on your house, so you cant compare what the mortgage was from years ago vs rents today. It takes baby steps before just leaving the US.
@dorothymoller566
@dorothymoller566 10 күн бұрын
@@robertweisberg5570 Obviously. However, when your rent increases 45% in one year, and 30% the next, as mine did during the pandemic, that’s not something you can easily plan for - anymore than I could have planned for my husband of 25 years taking off with another woman and leaving me with $1 M + in business debts which forced me to sell my house. But, that’s the point of the video. In the US those things can be devastating. Other countries have better access to things like affordable housing, healthy food, and quality healthcare. If you’re willing to take the leap you can have a less stressful and better quality life elsewhere.
@Santanajust
@Santanajust 11 күн бұрын
we buy half a beef at a time, shop farmers markets and grow some of our food. We can make a burger for less then 2.50 and way better ingredients, most of them organic. Have not been in a fast food resturaunt in over 15 years. We are retired and yes US is crazy but life is about choices and we just refuse to give cooperate America (when we can) our hard earned money. I think it is wonderful that you have found a way to enjoy life as well and share with others. Life is to short to not be enjoying your life.
@cheryls832
@cheryls832 9 күн бұрын
The dollar is strong now. I was in the Tokyo airport about 12 years ago and it was around $25 for burger, fry and drink at McDonalds.
@johnneycoon7808
@johnneycoon7808 9 күн бұрын
It makes me so angry whenever I go buy groceries or anything at all. The greed is astounding. My husband and I are retired and live on a fixed income. We cannot make it in the US and even if we could it has always been our intention to move to another country. We bought an apartment in Ecuador and we’ll be living on less than half of our retirement and we will be living very well. Only 2 more months to go and then we won’t have to worry about money anymore.
@lindarobinson2104
@lindarobinson2104 11 күн бұрын
I REALLY appreciate the originality you bring to your videos. Thank you!!
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
Thanks!
@elizabethcoates3024
@elizabethcoates3024 11 күн бұрын
We do Culver's, no MSG. 2 meals $19.76 . We too are investing our savings. We will still keep our home base, but our goal is to reduce our monthly costs at home, to a minimum. We only have taxes, insurance, utilities, and we winterize our Northern Michigan home before traveling. We were doing 6 weeks away. This winter we will do 5 months away. And we will evaluate it and plan to increase our time away. Our summer is awesome, so being home and out on the lakes is great. But we plan to travel as much as we can as long as we are able.
@markreid7
@markreid7 11 күн бұрын
That’s a great plan.
@genericchannel5899
@genericchannel5899 11 күн бұрын
MSG is perfectly nutritious. You would have to basically stop eating vegetables to avoid it.
@roseother8306
@roseother8306 10 күн бұрын
MSG is destroying your brain. And don't live around mothballs or drink decaffeinated coffee. Of course, I don't know you...​@@genericchannel5899
@karinajackson2779
@karinajackson2779 11 күн бұрын
You have given me hope of retirement! Big Mac in SF Bay Area is $11.13 😳 -- crazy!!!
@JorgeMartinez-ez1jl
@JorgeMartinez-ez1jl 11 күн бұрын
So 35 minutes worth of labor at the current $20 hr minimum wage. I don't think that's too much. In 1985 min wage was about $3 hr and a Big Mac Meal was $2.59, so 51min worth of min wage labor. It's actually more affordable now.
@rhett-BAin1982
@rhett-BAin1982 2 күн бұрын
When you're right, you're right.
@OurRetireEarlyJourney
@OurRetireEarlyJourney 4 күн бұрын
Fast food is as expensive now as a sit down restaurant! We just paid $15 at taco bell for our son for a single meal. It's gone bonkers out here.
@GroundedLifeFinances
@GroundedLifeFinances 3 күн бұрын
Wow, taco bell was our go to in college for 59 cents!
@OurRetireEarlyJourney
@OurRetireEarlyJourney 3 күн бұрын
@@GroundedLifeFinances not anymore, prices went crazy. We remember paying $5 and being stuffed.
@extremeAdvil
@extremeAdvil 11 күн бұрын
Minimum wage jacked way up in California is what drove prices up.
@eritreantraveler4738
@eritreantraveler4738 11 күн бұрын
When I was in Japan in 2019 it was 1 dollar to around 100 yen now it is 1 dollar to 154. Great time to travel to Japan for Americans.
@genericchannel5899
@genericchannel5899 11 күн бұрын
It's just going to keep getting better. Japan's economy will not be fixed due to extreme stubbornness and xenophobia.
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
The best in like 30 years!
@billyjohnson9166
@billyjohnson9166 11 күн бұрын
My wife and I are also in Japan. What a beautiful country. Food is great and reasonable.
@annettegregson5381
@annettegregson5381 2 күн бұрын
We’re traveling through the Southwestern USA now. We visited a MacDonalds in the middle of nowhere in New Mexico and they were asking $8.99 for the Big Mac combo with medium fries and drink. New Mexico is a very poor state with low wages. We live in coastal Southern California where an excellent hamburger combo from In and Out costs less. Some companies have kept their costs reasonable. Trader Joe’s in California has not raised their prices as much as other companies so we shop there. The 99 cents only stores drastically increased their prices over the past few years and now have closed all their stores.
@rustythomas8886
@rustythomas8886 Күн бұрын
Love your videos. Wife and I just came back from Mazatlan,mexico. Great place.
@GroundedLifeFinances
@GroundedLifeFinances Күн бұрын
We have not been, but it's on the list!
@rustythomas8886
@rustythomas8886 Күн бұрын
Very affordable, great weather, stayed at holiday inn on the beach. Super 👍
@rustythomas8886
@rustythomas8886 Күн бұрын
Also has a minor league baseball team.
@cahicks1
@cahicks1 11 күн бұрын
A Big Mac meal in Miami County, IN is $8.59 before tax.
@markreid7
@markreid7 11 күн бұрын
Single cheeseburger and medium fries at Wendy’s no drink is 9.40 after taxes 30 min outside of Atlanta. Drink makes it $1 more.
@miragexl007
@miragexl007 11 күн бұрын
Yes, I was kind of wondering where they're get their number from... California? Not that I d at mcdonald's At all.. But that seemed pretty high... Of course japans about the size of california I believe.. So not apples to apples kind of comparison.
@cahicks1
@cahicks1 11 күн бұрын
@@markreid7 it’s been a bit since I’ve been to Wendy’s I’ll ck next time I stop in there.
@scottrose2766
@scottrose2766 10 күн бұрын
The Greed will be the end of us in the US.
@ericrose540
@ericrose540 8 күн бұрын
Knoxville, TN. Big Mac sandwich $4.89 BigMac meal $8.49. Walk-in price taxes not included. Love your videos keep up the great work!
@carriemccullough7675
@carriemccullough7675 3 күн бұрын
My family has stopped doing fast food because we can do a sit down restaurant with better quality and more food and actual service for the same amount as it costs to hit the drive through.
@traceylankford8579
@traceylankford8579 11 күн бұрын
Just looked up Big Mac Meal in MD, not including taxes and delivery fees and it's $10.75 for one meal. 🤮
@nise5281
@nise5281 11 күн бұрын
??DELIVERY??
@rdderrick75
@rdderrick75 11 күн бұрын
Im not sure this is solid on the economics…especially the corporate greed angle. Corporations have always worked to raise prices. What’s really different now? The government has flooded the economy with ‚free‘ dollars via entitlements, covid payments, building programs (and calling it inflation reduction), and now loan forgiveness. Consumers have the $ to pay inflated prices.
@margaretr.4427
@margaretr.4427 18 сағат бұрын
I’m in a suburb of Los Angeles and a Big Mac meal is $9.69 at our cheapest local McDonalds-because they are all independently owned the prices can vary. Just about 2 miles away at another McDonalds it is $10.69. I have never ordered fast food to be delivered to me, that just seems totally unnecessary!
@johnway9853
@johnway9853 11 күн бұрын
Big Mac Meal in Fredericton NB Canada, supersized was ~$15 Cdn/$11 US.
@AcademicLifeDrCrystal
@AcademicLifeDrCrystal 11 күн бұрын
I just had a filet of fish sandwich in McDonald’s today. Sandwich only is $5.07 in suburbs of GA. I no longer order combo meals due to the cost. This is why I’m going to retire this year and travel full time in the first year to see if I like it. Then continue or find a place to park myself half the year.
@rosalindhb
@rosalindhb 11 күн бұрын
Big mac in Austin TX is $7.09/combo $11.65 before tax. 1 hashbrown is $2.37. Greed flation is real. It feels like a big scam. This is why I eat most of my meals are at home. I don't give into consumerism. I only buy what I need. I dont use delivery apps unless I'm ill or something.
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
Agree we only use them in the US when necessary
@louis20122
@louis20122 10 күн бұрын
That is why it is crucial to explore and find out yourself instead of relying on others' opinions.
@rohinigoodell3481
@rohinigoodell3481 11 күн бұрын
Another inspiring video ❤
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
Thank you so much!
@fascination2525
@fascination2525 11 күн бұрын
Did you see that viral post of a Five Guys $24.10 receipt last month? $12.49 for a bacon cheeseburger, $2.89 for a regular soda, and $5.19 for a SMALL fry, plus tax. I walked out of a Five Guys without ordering last year because the prices we so ridiculous.
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
We had not, thanks for sharing
@lindarobinson2104
@lindarobinson2104 11 күн бұрын
I saw that video. Fast Food used to be associated with low prices. I wonder how long before people decide it's just not worth it.
@elizabethchamberlain6893
@elizabethchamberlain6893 10 күн бұрын
My mom and I went to a Five Guys last year in Chicago. The bill for the two of us was about $40. We didn’t order anything outrageous. We each had a small hamburger, shared a small French fry and each got a beverage. We haven’t been back. Ridiculous how much that meal cost. 😡
@smoochdawg4547
@smoochdawg4547 9 күн бұрын
I love your videos. I wonder if this can work to live in one city..maybe Las Vegas?
@amybaitley6791
@amybaitley6791 11 күн бұрын
I would also look into the ingredients used for your meals as there are small differences between countries and their legislations that have an effect on what international cooperations are able to put into the foods they serve. For example (and this info is from a couple years ago when I did my research), the fries McDonalds serves in the UK only have potatoes, oil and salt. The fries in the States had that plus a foam reducer (that may cause cancer) and something else added in. I don't remember 100% but look it up yourself if you are interested.
@katielindsey5674
@katielindsey5674 5 күн бұрын
United States foods are poisonous.The government lets it happen. people speak up. Demand better.
@permaculturemom9848
@permaculturemom9848 11 күн бұрын
Numbeo also keeps up with these types of metrics. It will compare rentals, clothes, types of food, etc.
@katielindsey5674
@katielindsey5674 5 күн бұрын
Sad when you think about it.Poor average worker.in USA . We need to demand fairness.
@rnmom65
@rnmom65 9 күн бұрын
Ha! Just looked up a 'big mac meal' at my local McDonalds...$9.39 (plus tax of course bringing total to $10.33)! and 910-1140 unnecessary calories. Ridiculous. It was my first job at 16....these prices have come along way! Retirement can't come fast enough. LOL...thanks for another great video.
@jnsa9454
@jnsa9454 11 күн бұрын
Location independence as part of financial independence plan
@mississippiapple1078
@mississippiapple1078 11 күн бұрын
Inflation is crazy now!
@hellokt9101
@hellokt9101 10 күн бұрын
I would love to see Rob's favorite photos. Maybe start a Grounded Life-Vacation Photography channel to teach us the basics of capturing great photos from our travels, from the family photos to awesome landscapes.
@HotelSnob
@HotelSnob 10 күн бұрын
In atlanta and yes, everything you order from food delivery ends up being 20-50$ even a burger 🍔
@drothberg3
@drothberg3 11 күн бұрын
In Boston, the Big Mac meal for pickup is $13.29 before tax.
@maryannchandler2019
@maryannchandler2019 11 күн бұрын
We are location independent but we are staying close as my in-laws are needing help. We are investing and selling our stuff in preparation for retirement We’ll be taking short vacations when we can as well. ❤
@elizabethchamberlain6893
@elizabethchamberlain6893 10 күн бұрын
Speaking of McDonald’s at Chicago’s Union Station, I went there to check out the prices.The cost for the Big Mac combo meal (as of 4/25/24) is $10.39. The cost for the Double Cheeseburger combo meal is $11.59. The meals don’t include taxes. It’s ridiculous how much meals cost. Where was the $17 meal from you mentioned? Curious. I totally agree about your financial plan to earn money in the USA and spend it in a less expensive area and investing the rest.
@GroundedLifeFinances
@GroundedLifeFinances 10 күн бұрын
I think it was in CT. It's so high, and the Japan prices of $4 did include the taxes!
@jamesalias595
@jamesalias595 11 күн бұрын
I left the USA in May 2023 and came back in March 2024 and was absolutely shocked at how much fast food prices increased in less than a year. It is not wage inflation driving up prices nor wholesale food prices, it is corporate greed mostly. Yes wages are up but not as much as prices for food. What is really bad is retired people on Social Security, they really can't afford to eat out, luckily I am not dependent on Social Security to live. The only bad thing is even though healthcare is cheaper overseas once I am old enough for Medicare it doesn't cover outside the USA. Well I will be leaving the USA again in May to the Philippines and back to getting a Big Mac meal delivered for around $5 so about $5.50 with tip to the driver included.
@abbietheyounggenxer8698
@abbietheyounggenxer8698 9 күн бұрын
I live in Kansas and the price of a Big Mac on the McDonald’s app where I live is $5.19, $9.19 for the combo.
@thefreckledafrikan
@thefreckledafrikan 11 күн бұрын
I was trying order a meal in Chicago for delivery…one stinkin meal and my total kept getting higher and higher everytime I canceled and started over…like it started at $28! I went to bed starving bc if I left out at night in that Chicagoland neighborhood, I would come back to absolutely nowhere to park.
@ItsGonnaGetBumpy
@ItsGonnaGetBumpy 11 күн бұрын
It wasn't that long ago when a Big Mac would be on sale for 99 cents.
@jfelizondomd
@jfelizondomd 11 күн бұрын
Chicago (Northside) - Big Mac meal is $9.59
@kimshivonne
@kimshivonne 11 күн бұрын
I am not sure about a Big Mac meal but I got a Filet-O-Fish, fries and a vanilla shake and they said $16.70. I was floored😮 San Francisco.
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
Wow! That is incredible
@cchoi108
@cchoi108 11 күн бұрын
I know you can go to a normal restaurant for that price, which is what I do. I go to my neighborhood eatery and get a super high quality dish for that price. Fast food is ridiculous. Five guys is really expensive too.
@merridybenton7028
@merridybenton7028 5 күн бұрын
Its not just USA but Australia and many places in Europe all have similar prices.
@charlesthomas438
@charlesthomas438 10 күн бұрын
It’s disgusting how corp greed / post pandemic is out of control. It’s not uncommon here in CA to pay over $18 for a quarter pounder, fries and drink.
@justrama
@justrama 11 күн бұрын
$10.89 in NYC (Queens)
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
That is not as high as I thought it would be. I wonder what Manhatten is!
@ncalcamper
@ncalcamper 11 күн бұрын
Location independence! Yes!
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
It's a great thing
@ericjohnson7876
@ericjohnson7876 2 күн бұрын
I was just wondering on what you do for federal income taxes each year do you declare a area in the USA or you give a travel abroad residence?
@AztecblondieRN
@AztecblondieRN 11 күн бұрын
I can get Taco Bell burrito for $2, and that fills me up. 😂
@walkerbunch06
@walkerbunch06 11 күн бұрын
I am located in WV, between Charleston & Huntington. A Big Mac meal is $8.19. When they had their large fountain drinks at $1, that was my guilty pleasure, going maybe 3x a week. Now that they’re up to $1.99, I refuse to pay that knowing I can get an entire 2-liter for roughly $1.25 when on sale.
@jennifercreeggan1043
@jennifercreeggan1043 11 күн бұрын
Just checked the price of a Big Mac meal in Toronto, Ontario, Canada. $12.87CDN with tax, so $9.39USD.
@TheNewLighterlife
@TheNewLighterlife 11 күн бұрын
It is beyond ridiculous! We are longtime RVers (fulltime but now only part-time) and it used to be a budget-friendly way to travel stateside...no more. We're working to go overseas once our kids all leave the nest within the next 6 years.
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
Yes, we've looked several times at trying an RV for a year but the finances of it just never added up.
@FoodieVacations
@FoodieVacations 11 күн бұрын
We live in Ky... debt free.. house and cars paid for...etc. Because we live in one of the pockets of cheap places to live in the US. You just have to look for them. But I believe everyone should find a cheap place in US if they are going to stay. We're retired because our bills are only extra stuff like vacations and events. And I tell everyone that they need to find a plan for how to become debt free and live cheaper. I'm not ready to leave the US yet. But I do love the idea of traveling the world. I will as soon as I can get hubby to agree to cross the water. He don't like cruising or flying. So I keep showing him y'alls videos. But in my heart I know if I can just get him to Europe on a business class flight. He'll get hooked. :)
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
Yes, those cheap places are out there, we started out in TN and it wasn't too bad at the time.
@user-xf2rx3gt5n
@user-xf2rx3gt5n 11 күн бұрын
TN…Big Mac meal $8.09, pre-tax
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
I think that's the lowest I've seen in all the comments!
@user-xf2rx3gt5n
@user-xf2rx3gt5n 11 күн бұрын
Then I will be thankful it isn’t as high as other locations. 😋. After watching your videos of prices for food, medical things and just prices of things in general it makes me feel the US is out of control. Your term ‘greedflation’ sums up the US very accurately!! 😞
@cherylturk9628
@cherylturk9628 11 күн бұрын
The price of a Big Mac meal combo in Dallas, Texas, 😮is $12.
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
Seems so high, $25 for 2 people!
@thecountrybunkins8896
@thecountrybunkins8896 11 күн бұрын
Being retired living on social security I really like inflation. Reason is it makes my social security check go up. Go go corporate profits. Living off grid with no bills.
@CandycaneBeyond
@CandycaneBeyond 11 күн бұрын
Heres the issue though, what is baked into that base price? Cost of labor, taxes, rent excetera?
@theinternationalist1357
@theinternationalist1357 11 күн бұрын
It's around $18 buck here in SoCal.
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
Yikes!
@tywork
@tywork 11 күн бұрын
A Big Mac Meal in Huntington, WV with tax included is $9.74
@tibbinova
@tibbinova 11 күн бұрын
Here the Big Mac meal Large is 11.79 on DD. Charlotte, NC. Not counting tip and fees.
@AztecblondieRN
@AztecblondieRN 11 күн бұрын
$9.53 in Canton, Georgia for Big Mac meal including tax (medium fries/drink)
@lwmartin7
@lwmartin7 10 күн бұрын
Small town in West Virginia a Big Mac meal is $10.05
@panamorena4704
@panamorena4704 11 күн бұрын
I am a retiree and want to travel the world too for long period of time, but I wonder , how does filing taxes play into all of this. Thanks for your response.
@NeverAloneNeverAfraid
@NeverAloneNeverAfraid 11 күн бұрын
My friend told me an apartment there is $400. She lives in Okinawa. I told her I’ll be heading there in 2026
@fs5775
@fs5775 11 күн бұрын
how big is the apartment tho?? I have a huge two bedroom, two bath apartment with gym & pool, doorman etc in luxury building in Vietnam for $400... USD goes waaaaay further here
@Katrina-ps6jn
@Katrina-ps6jn 11 күн бұрын
​@@fs5775what city in Vietnam? Are utilities included in $400 rent? Is it an annual contract or month to month?
@maryannchandler2019
@maryannchandler2019 11 күн бұрын
We rarely eat out any more. I cook most of our food. Vegan food is even more at restraints than the regular menus!
@BPal75
@BPal75 11 күн бұрын
The yen has been extremely weak and falling against the dollar for a couple of years now, so when you convert from yen back to dollars I’m not surprised things seem pretty cheap compared to the US. I’d be curious what the Big Mac meal of 775 yen was as a percentage of median Japanese income in yen, and compare that percentage to the USD Big Mac meal as a percentage of median US income.
@susiestaton5544
@susiestaton5544 11 күн бұрын
Just the thought of eating at McDonald's grosses me out
@glennet9613
@glennet9613 10 күн бұрын
My wife had a meal at McDonalds in 1983 and still occasionally complains about it.
@nncadi1
@nncadi1 11 күн бұрын
In Dallas, $12 Big Mac meal.
@JacobsPointsAndProfit
@JacobsPointsAndProfit 11 күн бұрын
My wife and I were shocked at how affordable the food was in Japan. We were worried about the prices after visiting Thailand and Vietnam, but were pleasantly surprised at how much food we could get when we ate out. Sometimes I like getting away from the U.S. because we get to have a higher style of living in other countries
@miragexl007
@miragexl007 11 күн бұрын
Hopefully people will stop eating at mcdonald's for the most part.. O m g. Talk about unhealthy... and Japan's like the size of California.. So it's kind of funny when people compare other countries to ours.... When you can compare many of them to a single state... And our states vary so much. I think I'll stay in the u s but make a good choices on location and spending habits... And not rely on the government... Who wants to fund war, Immigration, College funds, etc.
@HotelSnob
@HotelSnob 10 күн бұрын
Really interested in what you think of Yucatán peninsula
@GroundedLifeFinances
@GroundedLifeFinances 10 күн бұрын
We loved it, we spent our time in Merida. We would go back!
@HotelSnob
@HotelSnob 10 күн бұрын
@@GroundedLifeFinances would you live there? Or temporarily only? 90 days kinda thing? I wonder how easy it is to go with a dog. ?
@catmom9755
@catmom9755 11 күн бұрын
$8.89 for a Big Mac meal with medium fries and soda in northern Florida.
@mchiem
@mchiem 11 күн бұрын
For people living outside of the US but still have access to US financials, inflation in US may be beneficial for them. Since they get benefit of high interest rates for our US bank deposits and inflation is mostly due to employee salary nowadays, so it is harder to export that inflation overseas. Therefore “inflation arbitrage” so to speak.
@fs5775
@fs5775 11 күн бұрын
Bingo! You just described me 🙋‍♀ Keep those interest rates steady at 5% thank you very much. All that money goes Very Far here in Vietnam 😁
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
Not to mention the great exchange rate this year!
@mchiem
@mchiem 11 күн бұрын
@@GroundedLifeFinances Yes, closely related as high interest rates set by the Fed to combat inflation attract international entities to exchange their currencies for US dollars to invest in US products like T-Bills, which offer high yields (to compete with other products paying high interests). This increased demand for US dollars for these types of investments leads to higher exchange rates against other currencies.
@thehoteldeveloper
@thehoteldeveloper 11 күн бұрын
I can tell you as a franchisee that owners aren't making more. Our expenses are out of control. I'm sure the franchise companies are making more though. What's going on in the US is ridiculous.
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
Great insight, yes we were referring to the corporate stock. They seem to be doing well.
@59brendak
@59brendak 11 күн бұрын
Here in Canada a Big Mac meal is $12.79 CDN$
@junitolopez3762
@junitolopez3762 11 күн бұрын
In New Haven county, Connecticut, a Big Mac meal is $10.19 -tax. As consumers in the US we need to stop supporting this company. I noticed the drop of demand for Dunkin Donuts products. It used to be, everyday it was packed; now if they are lucky you get more foot traffic on weekends. Also, people are realizing you are better of going to a casual restaurant such as Chili’s, or Outback.
@brendamichals4376
@brendamichals4376 11 күн бұрын
Big Mac meal $9.39 in Las Vegas Nevada
@CJ-Photo
@CJ-Photo 10 күн бұрын
Big mac meal in Bellingham, WA $11.42 with tax.
@sheilaa1333
@sheilaa1333 11 күн бұрын
Big Mac Meal on Uber Eats (before fees, taxes, etc.) in SF Bay Area was $12.99! (But seems a bargain compared to the $14.65 chipotle burrito… 😳
@NHJDT
@NHJDT 11 күн бұрын
We just returned from a a 6 mo Asia trip and I miss the prices. So much cheaper to eat and excursion compared to the US
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
Very much so
@Angela-ne9cy
@Angela-ne9cy 11 күн бұрын
I'm living in NYC now (making NYC salary) with the pure intent of leaving the US as soon as I can afford it. It's ridiculous here!! I rarely eat out anymore. Shop at Trader Joe's. Meal prep. Walk to work. Anyway: Bigmac Meal in Times Square (where I work) is $15.52 including tax.
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
We are going to visit NYC for a week, Allie is from there, and the costs are astounding. Nothing like Tokyo, where we are now.
@Angela-ne9cy
@Angela-ne9cy 11 күн бұрын
@@GroundedLifeFinances - have a wonderful visit! I've lived here 19 years and greatly look forward to transitioning to your Slow Travel lifestyle soon. NYC is unlike anywhere else...in all the best (and sometimes worst ways). haha!!!
@boovan8902
@boovan8902 8 күн бұрын
At what point do we say it’s to much and just stop buying products that are just to much? 😢
@jeannastephen283
@jeannastephen283 11 күн бұрын
I checked prices near me. A Big Mac meal is $10.50 plus delivery fee through Uber Eats. I would never over anything from MacD's as the food is unhealthy. You would be eating Japanese food or the Buddhist temple food as I did recently in Seoul, South Korea.
@libertyislandsecuritycontr5527
@libertyislandsecuritycontr5527 6 күн бұрын
I just hope the food is better in some of these other countries...I just returned from the Philippines & the food there is pretty awful...
@OptimusRay92
@OptimusRay92 11 күн бұрын
Big Mac Meal here in Houston, TX: $8.39
@debbiericker8223
@debbiericker8223 11 күн бұрын
I absolutely never buy fast food without snagging a deal on the online app. We can always get BOGO Big Macs @ 2 for about $6. Take them home and eat with chips and drinks from the kitchen. I got a Burger King Whopper, small fries, and small Coke today for $3.48. (Get a free Whopper with the purchase of a small drink & fries.) I couldn't eat it all.
@thefreckledafrikan
@thefreckledafrikan 11 күн бұрын
That’s still a lot considering their entire meal was $4 and some change each
@davidperron7186
@davidperron7186 11 күн бұрын
Big Mac extra value meal Canada $15.13 (before tax)
@autobotdiva9268
@autobotdiva9268 11 күн бұрын
a big mac meal now is almost a treat.
@robh6854
@robh6854 11 күн бұрын
First one to like the video!! 🎉🎉🎉 😂😂😂😂
@user-bk4yf3qb4k
@user-bk4yf3qb4k 11 күн бұрын
18 for the big mac meal, colorado.
@lindadorman2869
@lindadorman2869 11 күн бұрын
Just looked up the price of a Big Mac meal in Evanston, IL and it's $12.59 not including tax.
@GroundedLifeFinances
@GroundedLifeFinances 11 күн бұрын
That makes us want to get a room with a kitchen when we come to Chicago next year!
@Dillingham-
@Dillingham- 11 күн бұрын
You can get amazing box lunches at any convenience store in Japan that are so much better than western fast food, and cheaper too! 😋
@LinN4Yuh
@LinN4Yuh 8 күн бұрын
Cheese burger deluxe (med) meal in Michigan is 8.89.
@PrimeTimeTravelers
@PrimeTimeTravelers 11 күн бұрын
According to some politicians there is no inflation! HA! Clearly they do not buy groceries themselves. Yeah it's hurting us here. Groceries are so darn high.
@fs5775
@fs5775 11 күн бұрын
They want their stock portfolios to keep growing, duh. They have plenty of money for groceries so it doesn't effect them
@saversavvy2670
@saversavvy2670 11 күн бұрын
If you want to eat fast food in the usa, the secret is using the apps. If you don't you might as well get take out from regular restaurants. Better food same price.
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