How to retire in your 50s and travel the world

[@WanderlustWithTheMcKenzies]

Good for you! We started planning pretty heavily a few years before I officially retired and it makes a difference--both financially and just state-of-mind. All our best in your planning to make your dreams a reality. Thanks for watching and sharing your feedback!

[@livingworkingoutsidebox]

Just found your channel. 👍 We are 4 years out. Waiting for our daughter to graduate high school and start University. Shooting for 3 million hotel and travel points. I like your 18 month savings plan. We are looking at 12 months cash reserves. We are saving / investing at 40% Smart thinking about your childrens' future. 👍 Our daughter understands the need to keep paying her future self, by building on what we set up for her. Thanks for sharing. Will be binge watching this weekend to catch up on your content.😊

[@AaBbCcDdEeF]

It would help provide context and perspective if you can consider sharing in future videos some ball park figures on the amount of your investment by the type of accounts. This may help others gauge their situations and proximity to retiring early.

[@WanderlustWithTheMcKenzies]

Thanks for your comment. This is our first time sharing retirement information, and we'll increase detail going forward to make the info more useful.

[@DerraKormino]

I need a way to draw up a plan to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K savings.

[@JaneAnna-j6x]

Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.

[@morgansofia]

Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.

[@amoreauMike-t6z]

pls how can I reach this expert, I need someone to help me manage my portfolio

[@morgansofia]

Melissa Terri Swayne is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@LUCIASMITH-d1z]

Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start the year on a woodnote financially..

[@wildfoodietours]

Experiences over stuff is what really counts.

[@WanderlustWithTheMcKenzies]

Couldn't agree more! Thanks for your comment.

[@manuvns]

everything is possible but becoming debt free is difficult

[@phd_angel]

Great video, thanks for sharing. I was already following your principles! It seems you are a highly-educated high-income household, so investing, buying property, funding kids and traveling altogether is not a realistic proposition for most families...

[@WanderlustWithTheMcKenzies]

Fair points. We live in a lower cost region of the midwest, and our daughters were able to go to affordable state schools, which might not be the case for others either. Hopefully, some of the concepts can still be leveraged in different circumstances. Ours were just examples. Thank you for watching, and we appreciate the feedback!

[@jeremysmith3142]

Investing and saving is attainable for everyone /. I just would like more detail on budgets types of vehicles used - what type of withdrawal strategy. These videos, and I have listened to many, all seem to provide such general advice they start to sound the same. The more specifics the better

[@WanderlustWithTheMcKenzies]

@@jeremysmith3142 We drive a 2015 Toyota Highlander and a 2003 Lexus ES -- both great vehicles! 🙂 We'll work at deeper dives on topics in future videos.

[@jeremysmith3142]

@@WanderlustWithTheMcKenzies You guys are great. And some reliable cars. I was referring too investment vehicles. ETFs annuities, any pension income, are you using bucket. I guess I assumed anyone retiring at 50 had been maxing retirement plan and was enough to have an emergency fund. Keep it up, I will keep watching. M

[@johnyjsl9219]

Too generic.

[@WanderlustWithTheMcKenzies]

Thanks for watching. We'll try to improve going forward!