How To Retire by 30 Years Old | Starting with $0

Here is your step by step guide to learning how to retire by 30 years old - Enjoy! Sign up to Morning Brew for free today: cen.yt/morningbrewgraham Thanks! Add me on Instagram: GPStephanAdd me on Instagram: GPStephan
LIMITED TIME: Get 2 FREE STOCKS ON WEBULL when you deposit $100 (Valued up to $1400): act.webull.com/k/Vowbik9Tm5he...
JOIN THE WEEKLY MENTORSHIP - the-real-estate-agent-academy...
THE NEW PODCAST: / @theicedcoffeehour
The KZbin Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on KZbin, rank videos on the front page of searches, grow your following, and turn that into another income source: bit.ly/2STxofv $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
www.amazon.com/shop/grahamste...
First thing to know: The FIRE Movement
This stands for Financially Independent Retired Early, and it’s a community of people who dive into the analytics of EXACTLY what you’ll need to be able to retire at any age.
All you need to know for retirement comes down to a few things:
How much money do you NEED to spend every year, how much do you CURRENTLY have saved, and lastly - how much money do you currently make? If you know the answers to those 3, it’s going to tell you EVERYTHING you need to know to be able to retire by 30.
To start, how much money you SPEND is going to be the most important variable of this entire calculation.
Generally speaking, if you’re under 30 years old and you want your your money to last you INDEFINITELY without ever running out - you’ll need to only spend 3% of what you have invested, each year.
Now, how much you spend is going to GREATLY influence how much you’ll need to retire…because, for every $100 per month the spend, you’ll need $40,000 invested in order for that $100 per month to last you forever.
NEXT - HOW MUCH MONEY DO HAVE SAVED UP AND INVESTED?
Whatever that amount is…divide that by 33, and that’s how much income your investments will be able to replace. From there, you’ll need to do the super easy math to figure out how much more you’ll need in order to retire…all you need to do is take how much money you spend every year, multiply it by 33…and however much that is, is how much money you’ll need before you can call yourself “Retired.”
This is based on what’s known as the Trinity Study, which analyzed the investment portfolios of stocks and bonds throughout every year in history, and calculated how much you could spend from your investment throughout a 30 year retirement - and that study found that you can spend 4% of your portfolio every year, and still have that money last you 30 years.
However, a 30 year retirement isn’t going to be long enough if you plan to start that retirement at 30 years old...so, in order to preserve more capital so you can retire for a longer period of time…a 3% withdrawal rate was recommended.
thepoorswiss.com/updated-trin...
www.thebalance.com/how-much-c...
And finally - the last factor in the equation - how much money do you currently make?
This is going to determine how long it’s going to take you to hit your target retirement number, and whether or not you’ll have to earn more money to get there sooner.
HOW TO GET THERE: SAVING MONEY.
The Blogger MrMoneyMustache did the calculation for us, and found out how many years you’ll need to work in order to retire compared to how much money you save. Using the 4% rule, he determined that - if you save and invest 70-90% of your income, you would be able to effectively retire within 10 years of working.
Practically, if you want to do this by 30 years old - you’ll either have to MAKE A LOT OF MONEY, or you’ll need to SPEND VERY LITTLE MONEY - but, assuming you guys just want to make a whole bunch of money as fast as possible to be able to retire, I’ll give you the honest run down on MAKING AS MUCH AS POSSIBLE:
Your BEST SHOT at being able to retire by 30, and make a LOT of money, is to work a job that pays you based on YOUR RESULTS, not how much TIME you put in. And at the end of the day - if you want to make a LOT of money just to be able to retire quickly - de-couple the idea that the more time you work, the more money you make - because that’s very much NOT true, at all.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at [e-mail]
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

[@chiquititamartha8866]

I’m actually going to implement this advice..I’ll comment back in 10 years. Currently 19 now!

[@mochathecreative848]

Ill be waiting

[@waterproof4403]

You got it

[@fergalfly123]

Me too! Good luck.

[@missrelaxed3872]

You got this !!!

[@AC-qo8oq]

Age is on your side.

[@Rubyeverly-Jessica]

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

[@Brittany-reeds]

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 it well

[@Victoriataylor5668]

@@Brittany-reeds 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.

[@Brittany-reeds]

@@Victoriataylor5668 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 ALICE ELAINE HAYHURST a licensed financial adviser. It’s been a promising experience so far with her.

[@Victoriataylor5668]

@@Brittany-reeds Please, how do I connect with your financial planner?

[@Brittany-reeds]

@@Victoriataylor5668 quickly do a web check where you can connect with her, and do your research with her full names mentioned..

[@MIchaelGuzman737]

I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45.

[@greekbarrios]

Good for you. However, it would be EXTREMELY hard for you or anyone else to accumulate this type of money making the average American salary, about $60k a year. I’m just throwing that out there. Many people could not do what you can do for that reason. I just invest and make these calls through a financial advisor, generating respectable returns and avoiding taxes with little effort, but only because I hate making regular decisions.)

[@sommersalt88]

@@greekbarrios I've been doing this same thing myself. Can't get into trouble with the IRS when I have no income and all my money is in stocks. I don't like doing any sort of work. Lol. So I just invest through an advisor who does the stock picking. My money grows, and I'm tax-free.

[@Americanpatriot723]

@@sommersalt88 I've been thinking of going this route of using an advisor. Could you recommend yours? And also, how do you prevent capital gain tax?

[@sommersalt88]

Do you know who "Jill Marie Carroll" is? She frequently appears on CNBC. I keep my investments in tax-deferred accounts. I can avoid capital gains taxes in this method. Your advisor could brief you on further possibilities.

[@Americanpatriot723]

@@sommersalt88 Thank you for this amazing tip. I just looked the name up, wrote her and scheduled a call

[@PomskyAriel]

How to retire by age 30. Begin investing when you’re 2 months old consistently and don’t forget about the 401k match

[@huntstyle]

And what are you doing in those first 2 months? Begin investing from the womb!

[@ProjectMLX]

@@huntstyle the womb? Brother, you gotta invest in the nut.

[@huntstyle]

@@ProjectMLX lol

[@kitsumekat]

@@ProjectMLX I'm now picturing a guy's ball sack on the phone. 😳

[@ProjectMLX]

@@kitsumekat as you SHOULD be

[@joonjoung38]

In 18 minutes, this video did what the education system couldn’t do in 12 years. 💯💯💯

[@GrahamStephan]

:D

[@WealthyTiffany]

Love it! ✅✅

[@Dafashionnyc]

I agree! High schoolers Freshmens LISTEN UP! **

[@sweetprincess213]

@@GrahamStephan can you do a video on the stock market and how to pick investments

[@VinnyLogz]

And they never will

[@hermandavid2171]

Early retirement is the dream. I refuse to accept that I have to be at the end of my life to enjoy time freedom. Let's hustle to financial independence!

[@geraldvolkovfoley3479]

Just recently got laid off and it feels like i'm beginning from the scratch, i have been researching on investing and I came across an investor on an internet radio who mentioned making well over $450,000 in 3months with an investment of $230,000 I'm a beginner and i really would appreciate any insight or clue on how to make good results

[@carolinekellysarin3282]

@@geraldvolkovfoley3479 You should have considered an alternative source of cashflow way before now, it is called futuristic planning 🙄

[@kookibreze6834]

@@geraldvolkovfoley3479 well you didnt have to be mean about it. It is a good time to buy in on stock, so just buy in on stocks.

[@hermandavid2171]

@@geraldvolkovfoley3479 As a beginner, I took a more practical step to learn to invest, I began through the guidance of a financial consultant and within 2 years, I have owned 2homes in the United states and car dealership all with the an investment capital of $150,000 so it is best to invest with the help of a professional.

[@geraldvolkovfoley3479]

@@hermandavid2171 Kudos! please who is your financial consultant and how can i get in touch?

[@doctordilanka]

"There are essentially only two drugs that Western civilization tolerates: Caffeine from Monday to Friday to energize you enough to make you a productive member of society, and alcohol from Friday to Monday to keep you too stupid to figure out the prison that you are living in." -Bill Hicks

[@bunnie1294]

I thought we tolerated all drugs to make pharmaceutical companies rich?

[@jefferylittleton1005]

@@bunnie1294 some of the most beneficial substances are not pharmaceutical.

[@bunnie1294]

@@jefferylittleton1005 ? I never said anything about drugs being beneficial.

[@jefferylittleton1005]

@@bunnie1294 I was commenting in the fact that pharmaceuticals are okay but actual beneficial substances are not.

[@m.a.156]

That is why I never take alcohol, but I do take coffee

[@bounyh508]

video starts at 2:33, intro is just him trying to get u to like the vid and some sponsor

[@jrjm8582]

I wish my parents would’ve smashed the like button 20 or 30 years ago. Because they have absolutely no retirement plan Edit: it’s been 2 months since I posted this comment. 1 week ago I finally managed to convince my dad to start taking retirement seriously. He’s close to 50 and he’s planning to invest in stocks for the next 10 or 15 years and retire at 60 or 65. with a humble amount of money in dividend yielding stocks at but enough to get decent annual return

[@bricem8518]

@J RJM Tell them to get Final Expense Life Insurance or to start an annuity. Final expense is cheap and easy, I happen to do it for a living and its a great way to protect your family from your last expense. Make sure you find a "broker" someone who can get you a policy with at least 5 different MAJOR carriers, this way they get the best valuefor the best price!

[@TimsDaBossMC]

its ok many people don't have one and work until their 50s and become a responsibility to the children. handle what you're dealt with, it can be a lot worse

[@kikaka3649]

@@TimsDaBossMC Deeply happy I come across this trustworthy vendor been a second time of getting CC from him *Ericroboti* On telegram

[@GeekonMySleeve]

All too common unfortunately

[@dunnigold]

😭😭

[@davidliang913]

Early retirement takes a lot of discipline and an affinity for delayed gratification. Tough, but the reward is priceless!

[@GrahamStephan]

Very true!

[@Alvin_1914]

"Affinity for delayed gratification"..... SO TRUE

[@ernieallen9067]

Those are big boy words

[@itschappy]

Couldnt agree more. My goal is to retire by 40!

[@jmc4975]

Actually there is an exact number on the reward... 😂 Just joking, being financially secure is probably one of the biggest stress relievers anyone could reach.

[@kevinchiu3869]

"let me say that once more because i know some of you are partially listening to this and zoning out" LMAO GRAHAM YOU'RE ON ANOTHER LEVEL

[@brandonharper7171]

I want more people to talk about FIRE with a family

[@williambetzelberger6128]

As a newly wed, this is now my reality. How do I balance work while having time for the wife, and later on down the road kids. I realize that being a provider is an important responsibility, but for nought if my kids and wife don't get the emotional, spiritual, and relational support and time with me

[@jawanamarshall557]

Check out Our Rich Journey. Their story is so interesting and they have two preteen daughters who just started THEIR OWN CHANNEL!!!... what am I doing with my life?

[@williambetzelberger6128]

@@jawanamarshall557 one of my favorite channels!

[@aahsimovieprojects]

@CSI Why would you limit your child's opportunities in life by moving them from the USA to Portugal though??

[@williambetzelberger6128]

@@aahsimovieprojects having spent time in various countries, I believe they did it as a way to open new opportunities for their children. No one place holds all the keys, the world is full of opportunities just waiting for someone to jump on.

[@KevinFrischmann]

Does this work if I’m currently 29 and have a believing heart? 🥺

[@pawsnotclaws2772]

I’m with ya there

[@brittany1484]

Retiring by 40 is good too; still worth it

[@yavormartinov2840]

Well, the thumbnail says 20 minutes so technically yes😀

[@ledeux]

I want to retire by 30 but I am 33. Please help

[@hectordoyle4843]

Ill be 30 in a day, do you think ive still got a chance?

[@Education-Edge]

I’m not sure who wrote a quote I heard but “do what most people won’t do, so you can later live life like most people can’t.”

[@deweyv8900]

Education Edge: Finance - Business - Book Channel 💯

[@strollthruvegas4529]

True. Live frugally and save and invest

[@FinTek]

We all just need to live on legumes and grains

[@financiallift6185]

I think a lot of people preach that, Dave Ramsey being on of the main people

[@financialliteracy8204]

That's a good quote, and there are a few versions of the quote out there, but the author is unknown as far as I know.

[@coledean8845]

What about 40? That sounds more realistic and covers a broader amount of people. Thanks for another awesome video graham

[@13Loverlies1]

It's all about the math. He covered it.

[@JWalton314]

(How much you want to spend) x 33. You need that much by 40 to retire.

[@ariadnecarvalho7016]

Johnathan Walton can you explain to me why is it x33 ? My dumb ass can’t get it

[@JWalton314]

@@ariadnecarvalho7016 if you want to retire before 60 then you should try to live off 3% of your investments instead of 4% of your investments. So multiplying your desired yearly spending by 33 gives you the number you need invested. You'll then only spend 3% of that number ever year. For example, if you want to live off roughly 50k per year you'll need about 1.65 million dollars invested. (50,000 x 33 = 1,650,000) Check your math using the 3% rule. (1, 650,000 x 0.03 = 49,500) Make more sense?

[@yeahgirl11]

@@JWalton314 Thanks for explaining!

[@Joeltraylorart]

You've made a lot of videos, Graham. This is the only one I've taken screen shots of and rewound a few times. As a self employed person I'm picking up what you're laying down. Time and energy management is critical. I have not mastered these but I have a time clock in my studio. I hope you and your channel keep on, despite the recent troubles!

[@kswig]

All you had to do was buy Tesla in March and sell a couple days ago. That is the BonFire style. That's how you retire early. Joking aside, all good points Graham.

[@JPurvis10]

But you need money to make money...

[@kswig]

@@JPurvis10 True. It was meant to be funny take on Graham's different versions of the FIRE movement. Yes, it would take $ to make it happen.

[@Jimmy_Jones]

I just wish I had more money a few years ago. I can't believe it when people say they have 300 shares.

[@kswig]

@@Jimmy_Jones The good thing is, when you do get money, I guarantee you there will be more opportunities for you. I see them weekly. A tip that can help you get in on some of these huge gains is always buy the company that dominates their industry / sector. Who dominates electric vehicles? Tesla and they have been for a long while now. There are so many more I could name, but if you buy individual stocks, that is a great place to start. You want to own winners who dominate their industry.

[@thedarkthrone4699]

That's the sad advantage of the rich

[@JoseRojasYT]

I'm 21 and have been following ALL your advice! Already at a 6 figure net worth in less than 2 years all thanks to you Graham!!!! Appreciate all you do.

[@GrahamStephan]

Nice work! woohoo!

[@ALXSSA]

explain how you did it 👀

[@stevethecheese]

I smell bs

[@JoseRojasYT]

@@ALXSSA Mainly through just buying stocks and saving like 99% of my income. You can check out my KZbin channel if you would like, I post on there a lot on what I do.

[@JoseRojasYT]

@Brayan Monjaraz Mostly stocks man! Definitely looking to buy my first rental property this upcoming year though.

[@HustleMillennial]

Graham you always drop extremely entertaining content that always ends up teaching something as well! Love it

[@DavideP55]

dude, it's role models like you that inspire people to make a change and accomplish goals!

[@meditationmorning7080]

I just lost my job because of the pandemic, so I started a KZbin channel about Meditation. Wish me luck!!!❤❤

[@thisisthewroten]

Good luck!

[@fezii9043]

Good luck! I sincerely hope you succeed!

[@rfarchives3320]

Good luck

[@waterproof4403]

Good luck

[@farhinrahman8696]

omg your channel looks awesome!!!

[@anonymousme4583]

The most consistent intro ever... what's up guys, its Graham here.

[@jacksarsen3901]

What’s up YOU guys, it’s graham here

[@GrahamStephan]

What's guys up, it's here Graham

[@davidsdinero]

What's up Graham, it's guys here

[@KT-nt8ks]

Its guys here, what's up Graham

[@Fiiggy]

What is this thread 😫

[@JeOrillaza]

See you in 10 years guys! Thanks Graham! Starting at 33. Better later than never.

[@Mitnixbinichfroh]

Is it going Well?

[@harper2417]

I just wanted to genuinely THANK YOU for all your content. I have been watching your videos for long time, and it completely changed my life. Thanks!

[@juantaverasiv741]

I used to be very much into the FIRE movement and retiring early, but later I realized that these were other people's goals and not mine. I actually enjoy working as an engineer and find work to be very fulfilling, so I don't feel a need to retire in 5 years. Retiring at 55 or so seems much more reasonable for me, but even if I were to "retire" I would still keep working for enjoyment. In Graham's case, he makes so much money and can stop working at any point. If he had been less frugal, he would still be very well off. There are diminishing returns to being super frugal and working your ass off. My point is, you should only aim to retire super young if that's what will actually make you happy. In my case, it would not make me happy so even though I'm trying to spend my money wisely, I'm not going to suffer and live way below my means just to hoard as much cash as possible. I understand that may be others' goals, but for me, I know I can have a good and fulfilling life without doing FIRE. There should always be a balance based on your own goals and not someone else's definition of happiness.

[@canmetan670]

It's great that you can enjoy your work but that's not the point: 1) What if you have a car accident and get paraplegic / disabled. 2) What if you stop enjoying your work 4 years from now and just want to do something that doesn't pay as much. 3) What if your loved ones need some expensive medical treatment. 4) What if the industry you work for becomes redundant by some technology / scientific discovery. and so on. FIRE is about having options, not only not being forced to work but also to be safer, less reliant on others and cushion for unexpected events.

[@iGwlbirdy]

It’s all about getting to that point where you don’t NEED to work to pay your bills, but you choose to work anyway because you like it. Maybe reduce hours to enjoy more time off.

[@elismith4040]

Appreciate your comment. I love that: "there are diminishing returns to being frugal." My only complaint with what Graham preaches is his extreme frugality. For example, in one of his videos, he explained that an iced coffee from Starbucks that costs $5 now really costs $100 dollars in the future if you had just invested the money and let it sit for 35 years. While that may be true, that mindset can you rob you of the joy of doing something now, or spending too little on something worth spending money on. I would even feel guilty spending money on food after my classes at school. That's when I realized that there has to be a point where being frugal is no longer the priority. Obviously, spending cash on things you don't need isn't a good habit, but all that to say-frugality can be invasive if you let it, and cause you to miss out on life's finest moments in the name of your future self. The present is the point at which time touches eternity, however.

[@IKTGWIW]

When you are financially independent, you can speak your mind, fight for your right and stop putting up with B.S. You will feel more free.

[@agi1013]

FIRE really helps you with freedom and happiness. In life you do want the option to have options. Right now you're enjoying it so that's good but you don't have the freedom to only work 10 hours a week right? Or have 6 months for travelling a year. Your life schedule is dictated by your employer. FIRE helps you to take more control of your work life balance.

[@RhodesW]

I’d love to be able to retire by 30... but as a medical student I’m not going to be earning until age 24/25 and here in the U.K. doctor’s salaries are 💩 Passive income is my only hope! Haha

[@pang8407]

Retiring by 30 is a huge accomplishment especially for non-silverspooners ! But realistically , retiring by 40 is still an awesome accomplishment and definitely achievable for average folks with the discipline

[@FreeyourFinance]

I wish I had found this information so much sooner! I am already 30, however I definitely working towards becoming financially free.

[@mattvidler1404]

To those of you in your early 20s saying you’ve wasted your life not saving, take a deep breath. You are all still so young. I’m 33 and I have only just started investing. When I was 21 I was still spending all my cash traveling overseas for years without a cent to my name. I only graduated from university and got a full time job when I was 26 and bought my first property at 28. Take my advice. Have as much fun as you can when you are young, but you should always save a little bit, every year. It’ll pay off in the future. Listen to Graham. He’s a wise dude.

[@zhangyasi]

Same here...

[@y0utuberculosis]

Same here- worked, was unhappy, travelled, then went back to school and started my career at 26. And you know what- I don't regret those years travelling. I learned a ton and made some amazing memories.

[@jwe888]

Very well said.... Ive just turned 30 and have started investing.... I definitely recommend anyone to start early

[@nilu1121]

Same! Started at 27 (basically since March 2020) lol

[@jayjackson5705]

same here..great advice.

[@DylanNavarr0]

If graham doesn’t reply he doesn’t want people to smash the like button

[@GrahamStephan]

🤔

[@seanlambert-knight4735]

Graham Stephan 🧐

[@ElonMusk-FanZone]

Graham at 3AM: SMASH THE LIKE BUTTON FOR THE KZbin ALGORITHM Graham’s Girlfriend: wwwut?

[@jamesmccreary2442]

Hard work and knowledge only take you so far. Opportunity and circumstance play a far bigger role in success than people care to admit. Keep your character and integrity, that’s all that really matters anyway.

[@idkhgfbjuf]

How to retire by 30. Step One: Get a high income skill that pays according to your skills not per hour. Step Two: Cut your expenses and live below your means. Step Three: Save and invest most of your money. Shoot for saving 20-50% of your income if possible. But if you can only do 10% then do that. Step Four: Grow your knowledge so that you can do better in personal finance and investing. Step Five: Let time work for you. Start as early as possible, every year makes a huge difference. "The best time to start investing is yesterday, the second best is today."

[@10four90]

Step Zero: Smashing the like button for the KZbin algorithm.

[@realhardpolitics-com5124]

Add don't get married or have kids.... they will cost you 30, have them in your 40's+

[@itschappy]

Working on Step four right now! Whats your income skill?

[@idkhgfbjuf]

@@realhardpolitics-com5124 LOL

[@rag83991]

when you say shoot for saving20-50 percent, are you also talking about investing? So saving and investing 20-50 percent of my income. I just started my career and I am being very careful with how I go about this.

[@jamestlocke]

“Some of you are partially listening and zoning out” - yeah you didn’t have to call me out like that Graham 😂

[@GrahamStephan]

😂

[@allsparkwars2644]

@@GrahamStephan You sounded like a teacher on Zoom when you said that.

[@deathkitten7635]

Step 1: Make a monetized video on how to retire at age 30 with $0.

[@eks9225]

Honestly the way you are so upfront and funny about asking people to like the video is hilarious and makes me like the video. When other youtubers do it it drives me nuts!

[@pyrotechnicsbrotherhood2804]

I think I’m on a good path currently, I’m only 19 and got 8k saved which I’m so proud of. I love your channel!

[@youngmale2750]

Had that at 17

[@learningfinance4807]

-Majority of comments: “65 Y old is too late !” - Graham : “ How to retire in 20 minutes”

[@GrahamStephan]

:OOOO

[@ahumandoing6813]

Step 1: Quit your job. Step 2: Live on government benefits or charity.

[@ACIDGREENTECHNO]

hahaha

[@moneybags179]

Retiement is a number on how many hours you wanna spend at the beach!

[@moneybags179]

@BEAT EMPIRE Market's close at 1pm PST so you can hit the beach take a powernap or go shopping without the crowd's

[@ericdyke7689]

I love this video. It's been truly inspiring. I wish I had a friend like you when I was in my early 20s. Watching this video has made me put together a plan and a goal to at least be able lean/barista fire in 10 years. I'm 35 already, so I missed the FIRE by 30 bus, but maybe 40s will be my time! Here's to the plan! Thanks Graham.

[@CurtisxJacob]

Graham has been saying this stuff for a while, but each time it's still inspiring!

[@chunkymilk1288]

Sometimes I wonder if Graham has a dedicated folder for his smiling faces in thumbnails.

[@GrahamStephan]

exposed!

[@InvestorCenter]

I was wondering this same thing lol

[@br00talcabbage64]

He looks blinded by the light in this thumbnail lol soon the photos will just get closer and closer to his face, ending in a bright white light.

[@pawsnotclaws2772]

lol

[@waltermercado9152]

I started implementing these steps 20 minutes ago and now I'm retired. This stuff really works. ;)

[@GrahamStephan]

YES there we go!

[@Mo-tn7lv]

I tried it six times now 2hours later my boss asked why I'm not getting any work done, long story short, I just got fired trying to retire(6x).. thanks G.

[@CallMeMasterBabo]

Thanks for the morning brew tip, i was searching for something like such consistant info on a daily. Awesome!

[@robertfrazee1106]

Thank you for your knowledge of what you have and sharing it with us. I plan on passing this down to my kids, so that they don't have to struggle like I am doing. But I think that I am at a turning point now so I can show them at any point you can turn your life around and live life how you want and save money. Again thank you. Have a great day. Graham.

[@gadgetspool7626]

The way ATM throws your card out when you have insufficient funds...it's disrespectful

[@GrahamStephan]

://

[@darrylsmitherman6351]

Mine spits it out and starts laughing

[@anag9705]

This comment is hilarious!

[@ericks1081]

Overdraft your account then call your bank to wave the fee

[@ekp-g205]

Even worse when it keeps it and does not return your card.

[@keithhill1985]

My wife retired at 25 and never saved a dime. Some might say she has a great husband.

[@ja_u]

Keith Hill lmao either youre 65 or a Graham 2.0🤔

[@serendipity3062]

is she taking care of your children? cooking for you? cleaning after you? bro she never retire and never will. she will always be working. in fact she is working double-triple shift depends how many kids yall got.

[@keithhill1985]

Jacku Dark Graham is better at it then me and he’s right. You need to decide what you want. I see all kinds of families with 2 incomes and barely making it by. Their income is almost double mine but we have everything they have plus more. The one blessing I had was my mother was a career teacher at a jr. high and she taught exactly what Graham is teaching. Needless to say I don’t know of one school that has a class for careers so I’m glad people are putting out videos.

[@keithhill1985]

serendipity the fact that your thought automatically go to I’m a dead beat husband or parent says a lot about you. You really think if she worked house work just stops. I work and still help on all those things. I do most of the cooking and all the yard work plus more. My wife does a lot but so do I. Staying at home was what she wanted plus it gives her the opportunity to do things she loves like volunteering at our church and helping others. Sure if I didn’t let her stay home I could be retiring earlier then my plan at 45 to 50 but my family is more important.

[@sandyjaja1840]

@@keithhill1985 thank you for being a provider for your family

[@VagabondElmer]

FANTASTIC! This is the best make money and retire early video I've ever seen, thanks for sharing Graham.

[@Valiantiron]

Me, at 30, having finally gotten my financial situation (plus mindset) straightened out and getting started on investing- I wish I had started sooner but I suppose still better late than never.

[@davidsdinero]

Step 1: make a finance youtube channel Step 2: Post religiously every monday, wednesday, friday, @3:30 PM PT Step 3: live frugally Step 4: tell people smash the like button for the youtube algorithm👍

[@jacksonplaysgames4612]

Professor Finance - Learning With Animations boom

[@davidsdinero]

@Jackson Pactson Working on it 👍

[@ShellysMillions]

That must be my issue I’m posting Monday & Thursday and not at 3:30. Lol

[@davidsdinero]

@@ShellysMillions Pretty sure that's why. I'm posting whenever I feel like it and not 3 times a week haha

[@ambulantgaming8483]

Oh that's why I haven't blown up, I post mon,wed,fri but at noon. Thanks for the heads up!

[@SoupsuxMC]

Me literally burning a pencil with a lighter: O___O Gram: if you're zoning out LISTEN

[@GrahamStephan]

:OOO

[@itschappy]

Graham just knows 😁

[@sharknado523]

It's all that algorithm research

[@masternobody1896]

@@GrahamStephan diversify by warren but .....teach us stocks 101....how to index fund

[@masternobody1896]

@@GrahamStephan I will never retire always invest

[@briansodie]

I’ve been watching graham for 2 years and I’m 16. I feel infinitely equipped

[@jordanhargis795]

I’m the 29 and half year old that Grant mentioned. I wish I were more tenacious and intentional in my 20’s. Now I have to make up for 10 years of time!!

[@iamredventure]

Can you do these same retirement videos but for people who are in the lower tax brackets? Like $25-40k/yr. You really only give examples for people who are making $70k+.

[@GrahamStephan]

yes!

[@78kurenai]

Its same concept, it just takes longer depending on the amount you can invest at the time. Just think that if those 70k+ salary ppl leaves the work force to retire, more of us will have chance to get those salary.

[@17h127]

Same percents of savings apply, it's just much harder to save a significant portion when you make less. Like if you want to save 50% of your income, you can either make more and keep your spending the same, or cut your spending in half, or a bit of both. When you're only making 25k/year, it's probably easier to increase your income by a side hustle or new trade than it would be to slash your spending significantly without being homeless.

[@iamredventure]

I mean, I know it’s the same percentages. I was just wanting him to make videos showing it visually. A lot of times, people who make those lower salaries watch these videos and think he’s clearly not talking about them because there’s no way they could do that. There is, but it’s hard to visualize when you come from a low-income household, ya know?

[@bryandelcid4065]

Sounds extremely doable when you’re single but once you have a family it’s just much more harder. Still doable I suppose but much more difficult.

[@krillansavillan]

You wait to have the kids after you retire at 30

[@daddo1600]

Sure but what I've done is started with something then month on month added more and lived off less..... You will be surprised how much you can save when you have a plan and don't try go too hard from day 1.

[@MenofHighValue]

Practice voluntary celibacy. Then reward yourself with 3 Girls In Love (responsible polygyny) when you have your strong financial foundation.

[@bryandelcid4065]

krillansavillan Not everyone wants to have a 10 year old kid at 40

[@neilpatel1914]

Bryan Del Cid something’s got to give lol. Retiring young is already something most people can’t do. It’s your choice if having older kids at 40 is worth not being able to retire young.

[@saulgoodman2018]

So a 20 year old lives with his parents until he is 30.

[@MRoesterreicher1]

Pretty much...

[@TimsDaBossMC]

and then buys a house for their parents every 4 years

[@husher5142]

that lifestyle creep will get you every time

[@alexanderthegreat3424]

This is an ideal strategy if your parents can hold their own financially with you as an enhancement, considering that your living with them (sharing some of the expenses). If living on your own is too much of an expense (ie. rent, food, time to do things, bills), then living with your parents until you've invested well (individually and financially) is your best practical strategy for the meantime.

[@husher5142]

​@@alexanderthegreat3424 Ideal but hard to swallow for the western culture

[@bryanramirez1280]

You popped this one out right on my 24th birthday, probably the best gift I received. Thank you Graham - Like button decimated.

[@PUNJABIVLOGGER]

Always here to learn from you.

[@GrahamStephan]

I appreciate that!

[@judethaddeus4388]

Same

[@mohitgrover5756]

mangat sahb tusi vi vekhde of graham nu

[@kikaka3649]

Deeply happy I come across this trustworthy vendor been a second time of getting CC from him *Ericroboti* On telegram

[@mjcube1830]

Same

[@supersaiyansalamence]

When you started watching this 15 minutes after it was uploaded and now you only have to wait 5 minutes till you can retire 🙌🏼

[@GrahamStephan]

:O

[@thecreditbrothers]

Hey man, I think this video is amazing and regarding your mention of an online business. My brother and I started teaching credit education and credit repair completely on social media back in March. At the same time, I discovered the FIRE community on Reddit and I knew that if at 22 I wanted to make work optional by 30, I needed to turn my production into monetary value NOT my time. Awesome video and keep crushing it!

[@CarsandCollectors]

I'm 14 currently. I am working my butt off to build my savings for a business plan. I'm all in lol

[@redicent]

same im 14 too

[@CarsandCollectors]

@@redicent yo how much have you saved? i am looking for someone also into finance around my age lol

[@redicent]

@@CarsandCollectors ooo nice, im into finances but i dont have much saved bc i use the savings to invest into my skills. currently have about 200.

[@CarsandCollectors]

@@redicent nice. What skills do you invest in? I'm curious haha

[@redicent]

@@CarsandCollectors i go to art class after school and its pretty expensive, especially with all the supplies and fees i have to buy for it. its worth it doe

[@WealthyTiffany]

Such a good breakdown Graham! You never disappoint! 💵😄

[@berthalackey4001]

So true!

[@kimstryitchannel3903]

This might be your best video ever! Well explained and very thorough. You went through so much info here! Thank you!

[@pR1MeYwL99]

I just saw you on Main St. But seriously, keep up the great work! Your videos are very educational and appreciated.

[@AndreiDante]

I love the fact that I'm trying to discuss these things with my friends and they're all "yo dude, you've saved so much money, go buy $750 phone instead of your $200", and when I bring the subject of frugality and living as a minimalist or tracking my expenses, they laugh and I feel kinda stupid for few hours. But then I watch a youtube video like this and it just brings me joy, it makes me feel good for the fact that I'm giving up on short term pleasures for long term rewards.

[@NicE-jq3wv]

Normal is broke. Continue to be weird.

[@Erepk]

Let’s be friends!

[@jordanhargis795]

I’ve been that way my whole life, except when I caved in so many times to go out to eat with friends so often, and during restaurant week (over-hyped btw), to buy the Black Friday deals because they’re SOO good, to upgrade my phone, and this and that, and etc…. I wish I were more tenacious and intentional in my 20’s. I’m the 29 and half year old that Grant mentioned. Now I have to make up for 10 years of time!!

[@TheBrazilRules]

Stupid is spending $750 on a phone you are replacing in a couple of years

[@SkittleStroker]

My man! I can so relate to this lol

[@zhengyangg4708]

3:00 "The math behind it is incredibly simple" Well, throw a kid or two in there and watch the math gets exponentially harder.

[@raymendli]

Average annual cost of private college is ~50k and if you have 2 kids (average family) to pay for across 4 years, that's 400k to add to your savings as part of retiring early. Would love to see a video covering these topics as part of the analysis!

[@ryw00d]

raynroo send them to trade school, use public college, tell them to earn scholarships, and take classes in high school that will yield college credits. My family had saved about 12k for me to use for college, I’ve just now used the last of it finishing off my 60 credits, and while college is now going to be quite a bit more expensive I’m looking at less than 25k to finish my education.

[@rfarchives3320]

@@ryw00d Most college has horrible ROI.

[@someguy3348]

raynroo not if you do it right. I got a state funded merit scholarship and some merit grants, for a pretty average 3.5 gpa and my out of pocket cost is less than 2 grand a semester. I also got my AA in high school so 8 thousand all in and I’m done. Only 3 semesters left.

[@kevink9365]

@@raymendli Dont do College.

[@giveitall88]

Your videos are awsome! You don’t waste people’s time! You get straight to the point!

[@clintonarigbe-osula7936]

This is the exact video I needed to see. Gave me the perspective and overall numbers I was looking for

[@PoppyDontree]

"How to retire by 30 years old?" Oh wait...I'm way passed 30...

[@urielbatres4518]

And you look gorgeous

[@judethaddeus4388]

Just implement the same strategy, you’ll be fine

[@PoppyDontree]

@@SadMGB Haha don't think that's how it works anymore but thanks! :)

[@rfarchives3320]

@@PoppyDontree Not with that attitude

[@tiabarnard8330]

@@SadMGB Because I am sure being a mother is no work at all.

[@TheNinjapancake14]

Math is part of my profession but I still hate doing any calculations 😂 So I'm glad he did it for us in the end

[@liamsandoval9620]

@dragonwizard 2243 im going to assume he is an accountant

[@TheNinjapancake14]

@@liamsandoval9620 pharmacy tech bb

[@liamsandoval9620]

@@TheNinjapancake14 oh wow thats really cool

[@JennaQuinter]

Thanks Graham. You have grown a lot on your social platforms since we last chatted on Instagram. I'm working on my digital agency and my clothing/ purse brand online. I'm finally committed to one goal instead of a bunch of random idea's.

[@michaelcopland7071]

I needed this, thank you Graham

[@ijj984]

Immediately saved to my favorites! Thank you for this incredible content! Wish my parents could have given me this talk at 20, nonetheless im starting in my late 30s cheers !

[@abisaiandrade9998]

I’m literally saving 90%+ of my income lol Only spend on Gas and gym membership 😂 Free food (live with parents), free haircuts, same clothing, same shoes, free rent, and so on. Every now and then I’ll have to buy something but those extra expenses are usually less than $50 a month.

[@cabehijo129]

idk why people criticise those that live with their parents especially if their earning well, that's just a smart move. Hope you can retire by 30!

[@linzzz519]

Are your parents retired and financially independent?

[@eggrollsoup]

What do you use to invest?

[@mynamejeb8743]

@@cabehijo129 this is very much a western culture. in Asia, this is not that much of a stigma. in fact wasting your money on rents especially if you live in the same city as your family is seen as financially irresponsible

[@REgamesplayer]

@@cabehijo129 Because those FIRE people leech on their parents. They get their money essentially by forcing their mom and dad to pay.

[@poorogue]

I love the "tough love" in this video. Fantastic!

[@ThePlatinumBeast]

Great info! So many people work till they die having never really lived at all!

[@Baober]

I’m earlier to this video than I’ll ever be to retirement

[@GrahamStephan]

:O

[@schroederscurrentevents3844]

I’m 14 years old and just bought my first stock-looking into an index fund with my money from caddying! Thank you Graham!

[@Samsterdude1]

Just invest in VOO or VTI. Maybe throw in some international ETFs as well. And the day you turn 18 open up a Roth IRA and start investing in that! You are going to be in great shape!

[@TimsDaBossMC]

make sure most is safe investments like index funds that have performance of 4-15% per year and then have some on the riskier 60+% per year stocks (historically) like AMZN, TSLA, etc you'll be in great shape financially if you live cheaply and invest most of your earnings for 8+ years (assuming 20k plus per year investing) and then you can make bigger risks with the rest of your income for the rest of your life with a nice 8-16k per year cushion thanks to the initial 8 years you spent

[@TimsDaBossMC]

look into the compounding interest calculator and really understand how average return yearly of a stock / investment can greatly speed up the speed at which you can retire

[@milessolomon20]

Samuel Anderson I’m a 13 year old looking to invest? Why invest in VTI or VOO?

[@Samsterdude1]

Miles Solomon because you are diversified in many different stocks. For example, VOO invests in all the companies in the U.S S&P 500 in one fund. This type of investment is a lot less risky than buying individual stocks. And it has historically returned 10%.

[@smackdatascot]

How did I miss this Graham guys video!? It was F.I.R.E. Thanks for sharing.

[@tomarcherfinance]

It never fails to blow my mind how simple this knowledge is yet how it never gets taught in schools and 75% of people in society have no idea. I say that as one of the 75% who had no idea about financial independence until I turned 30, but Im making up for it now!

[@MarkReese]

Getting paid for results instead of time is BIG 🔥

[@GrahamStephan]

SO TRUE!

[@fitwithClo]

Hahaha, love how half way thought you're like YO I know you're only partially listening and zoning out - listen to me. I needed that. Please do that in all your videos - I'm easily distracted! Haha

[@xybersurfer]

great video Graham! simple and to the point

[@jacobe3861]

Thanks bro! Love this, so helpful and insightful!

[@ricardolayne9340]

Dude, I appreciate you so much. The way you explain, break things down, and make it simple and enjoyable is awesome. I hope to get to where you are at some time soon. Keep on rockin'

[@KC-np2oj]

Heck yeah I get a head start. I’m 15 years old

[@judethaddeus4388]

Yep I’m 18, retiring at 30

[@GrahamStephan]

nice job!

[@fpl_lucho4819]

Love your videos. Pure gold.

[@Chayamann]

I really appreciate your videos, man! Thank you for your content

[@SatChaser]

Dang man I appreciate the info. My goal is by 35. 28 now. Got some extra road blocks to deal with. Got a felony record at 19, so it gives a bit more of a challenge, but lets get it, always love the info you drop.

[@anirudhgupta2570]

@@SatChaser how much did u save?

[@MatiasRijoM]

How is this going?

[@SatChaser]

@@MatiasRijoM Well, it’s crazy to say but I quit my job a year and a half ago and I’m completely financially independent and have left the United state’s traveling, it’s been over a year now since I left the USA. Things changed very quickly after this comment. When I made this comment I worked full time for minimum wage and had maybe 2500-3000$ in savings

[@MatiasRijoM]

@@SatChaser congrats on that! Made us all proud! How did you reach financial independency if i may ask? And whereabouts in the world did you decide to go?

[@johnykash6856]

“AGAIN, multiply that by 33, smash the like button, and you’re gonna need 6.6 million dollars invested” 🤣🤣🤣

[@rossi2225]

This is real financial Education being offered for free here. Sometimes I wish there was more of this videos on Financial Education back in my 20s....I would have achieved much more without having to learn the HARD WAY. The video reminds me of a year when I was so broke that I could barely pay my bills. I remember the most important step in my life when I invested my last income with an experienced Forex trader who was recommended to me by a friend. It may seem a bit, but it took courage to know that investing was the right thing to do at the time. Today my small investment of just $ 300 generated over $ 70,000,After I kept Investing and reinvesting. To be successful, you must take a big step. It all starts here.

[@frantz4752]

@@rossi2225 I had a similar experience with you. My Forex investment saved me from financial strain and being broke after my expensive messy divorce. I lost almost everything, but my earlier investment in Forex and Stocks made things easier for me.

[@romelo7715]

Lol. I did a whole lot of "Investing" before 2020. Each time I watch his videos I am encouraged to keep investing. @Danny True! Investing in Forex is very profitable. Last year I made over $ 45,000 off my investment in forex trade.

[@klaus1618]

Forex trading is very profitable. When you have a professional Bitcoin and forex Investments Expert who is good at what he does, your profits can increase by more than 100%. My investment in the forex market bought me the house of my dreams.

[@petra3336]

@@rossi2225 Please can you share the contact information of your Forex trading Expert? I would really love to contact with him/her. Thank you.

[@johnrocafortjr9935]

I love your videos man! Definitely encouraging!!

[@boundlessintrepiddiscovery7242]

I like how you presented this information - seems straight forward, but still watched the whole thing!

[@mitthrawnuruodo1730]

How to retire by 30: Step 1: Move into mothers house at 30 Step 2: have her fully support me while I spend most of my time playing video games Step 3: quit minimum wage job and retire for the rest of my life!

[@pawsnotclaws2772]

Lol

[@coolmonkey619]

@@pawsnotclaws2772 hmm what about when she dies

[@chrisford8500]

@@coolmonkey619 life insurance!

[@hugoromeroflores1781]

Chris Ford I like this plan better 🤝

[@Grams-yn6uo]

Don’t forget to stream the games on twitch or KZbin to make passive income lol

[@melann4065]

I keep telling my kids this and sharing your videos. I learned this late in life but I am planning to retire next year at the age of 54. Way better then 67.

[@---un7bu]

Thanks for the feedback. I advice you get in touch with my cryptocurrency expert Scott on whatsap to make huge profits from cryptocurrency like I do with his strategies.

[@---un7bu]

⒈⒏⒈⒎⒏⒎⒊⒈⒏⒍⒐

[@AleArno9]

You are a great being

[@ThinkSaveRetire]

Careers that pay based off results > careers that are based on time! Love this video!

[@normandavis7062]

Great vid Graham. You inspire me

[@investmentguru9920]

Yes baby I'm 20 so if this works I'll come back to this video 10 years later to let y'all know

[@investmentguru9920]

I'm being serious lol

[@SimonSkittleFace]

Anyone else think Graham was about to push expensive coffee on us when the morning brew ad came on?

[@VanCalapanoGreenBarleyDealer]

Your point of view is admirable. I am past 30 already but I do not want to retire at age 65. I have a 5 year plan to establish myself through my youtube channel and from there decide when to retire. To me retiring is not necessarily staying at home and waiting every morning for the sunset to come, what I want is to be able to freely do what I want without worrying so much about my health and finances. More blessings to you great man.

[@g.jontroesch6017]

Great advice my friend. As an accountant, I don't know that I could have made a better explanation any simpler!! Great video!!

[@anthonyp.7721]

9:58 bruh I was actually zoneing out 🤣

[@GrahamStephan]

welp....