Enjoying your adventures. I'm getting ready for retirement. My retirement accounts are 25% stocks for growth and smaller dividends and 75% dividend etfs'. Growing quickly. Thanks for posting.
@FIREWeGo4 ай бұрын
That is great! You're going to love retirement! We also have a large portion in growth etfs!
@DividendGrowthInvesting4 ай бұрын
Love how transparent you both are! Don't sweat it with the youtube income... most channels don't make a high "click bait" amount. The fact that you enjoy it is the most important thing. The tax deductions make it nice because you are now traveling, so you should be able to write off every penny and clear that amount tax free!
@FIREWeGo4 ай бұрын
That's true about the taxes!! Lol, we will have to look into that this year for sure! Thank you for all your support!
@Growing-Our-Retirement4 ай бұрын
It really is amazing how little KZbin pays. Maybe if you start jumping off buildings, your income will increase. You make a good point though about having a few different streams of income. This is also our thinking. Our channel is mostly about starting and running a plant nursery as a retirement business. Thanks for all your great videos, Larry
@FrankSouza-ss7cz3 ай бұрын
Agree about the transparency. Really nice to see a truthful down to earth video. You guys have done well. 5000$ budget is a decent budget to enjoy retirement.
@FIREWeGo3 ай бұрын
Thanks, Larry!! Lol, maybe we should consider adding some danger to the videos! That may help 😉 The different streams are key to staying flexible in our minds...so we hope that it will work out as we have envisioned!!
@FIREWeGo3 ай бұрын
Thank you, Frank! We wanted to let people see the numbers so they could judge for themselves if these streams would work! We hope they continue to grow 😉
@virnsky4 ай бұрын
I'm so glad you started your KZbin channel because I have learned so much from both of you.
@FIREWeGo4 ай бұрын
Ahhh, thank you, Virna! And we have learned more than you k ow for all of our wonderful community as well!
@kassiooliveira49333 ай бұрын
I'm Brazilian... and I literally see myself and my wife on the same route you guys took, great video thank you.
@FIREWeGo3 ай бұрын
Ahhh, thank you so much! Any questions please feel free to reach out!
@mkhatame864 ай бұрын
May God increase your wealth and health.
@FIREWeGo4 ай бұрын
That is so lovely, thank you! And we wish the same for you as well 🤗
@whoguy42313 ай бұрын
Thank you for your FIRE story and being transparent about it. It's a very realistic goal any average couple can achieve. 👍
@FIREWeGo3 ай бұрын
We are so glad that it is useful for yourself and others! This is exactly why we make the videos, to help others realize that there is an alternative to "normal" retirement! Hope you have a great week.
@Maria-ik9hl24 күн бұрын
Just started watching and I knew right away that Gean is Brazilian by his accent. I’m Portuguese!! Very good video!!
@FIREWeGo24 күн бұрын
Obrigado :) We've been to Portugal over the last two years and loved every time. Do you live there? Bom dia :)
@jcm9356Ай бұрын
Great video and your transparency is refreshing. I wish you both all the best and lots of safe travel.
@FIREWeGoАй бұрын
Thank you so much, we hope that people can relate to the information 😊
@Patrick-xo8ht4 ай бұрын
Well done! Congratulations! 🎉
@FIREWeGo4 ай бұрын
Thanks Patrick!! 😊
@lockedloaded49424 ай бұрын
I appreciate you two making this video. Very inspirational. I'm 56 and really want to retire. I currently have no debt and have 1.1 million in an investment portfolio and about 80,000 in a high yield savings account. It is a bit scary to think of walking away from the work force at this stage in my life, but you guys have inspired me. Thank you.
@FIREWeGo4 ай бұрын
It is definitely hard to leverage. You have been working your whole life, and that's what you know. But we can tell you we do not regret leaving work... at all! 😊
@Nwladylaura3694 ай бұрын
Wow! That’s a lot. If I can retire on much less, you can surely make it. As long as you don’t have any debt, you should be more than fine.
@KarmenD-ce5re4 ай бұрын
It's never smart to post how much you have on the internet
@mickster17804 ай бұрын
you definitely have enough....depending on where you live and what you spend. but you can make it work for sure...even if you have to move
@Amarsingh515904 ай бұрын
How comes you guys don’t have more subscribers!?!? Yall have been putting out such good content for so long
@FIREWeGo4 ай бұрын
Ahhh, thank you so much. That's great to hear that you enjoy our videos, keeps us motivated to make more 😊
@myownadvisor3 ай бұрын
Congratulations on your success! Onwards and upwards! :)
@FIREWeGo3 ай бұрын
Thank you so much! We are excited for what the future holds for sure!
@7SideWays4 ай бұрын
$1M div stock portfolio outside of retirement is impressive. Thank you and many congrats!
@FIREWeGo4 ай бұрын
Thank you so much! We are very happy and proud of all we have been able to accomplish! 😊
@HappyPenguin750344 ай бұрын
750000 USD. Of course I don’t know if they always say CAD or not. Sometimes it says CAD sometimes says nothing
@7SideWays3 ай бұрын
@@HappyPenguin75034 yep, closer to $741k USD but still impressive.
@FIREWeGo3 ай бұрын
Yes, sorry, that is CAD not USD! Thanks!
@hogroamer2603 ай бұрын
@HappyPenguin75034 They also stated it includes proceeds from the house in Canada. That may make it seem somewhat more attainable for others wanting to do the same. Still very impressive in only six years!
@WingfanSports3 ай бұрын
The most realistic video on the topic I have seen. Thank you and well done!
@FIREWeGo3 ай бұрын
@@WingfanSports thank you so much! We appreciate your support and feedback!
@cristianusa192 ай бұрын
Ah esqueci de comentar..primeira vez aqui no canal. Parabéns
@FIREWeGo2 ай бұрын
ah muito obrigado. Bem-vindo(a). Thank you very much and thanks for letting us be part of your Journey to Financial Independence
@ArchangelHRH3 ай бұрын
Way to go, folks. Love your plan. Congrats 🎈🍾🎊
@FIREWeGo3 ай бұрын
Thank you so much! We appreciate all the support!
@florvargas4864 ай бұрын
Thank you for the transparency, I like hearing real numbers to analyze my own status.
@FIREWeGo4 ай бұрын
We really hope this helps others. It is the reason that we enjoy doing these videos for you all!
@30AndAWakeUp3 ай бұрын
Great stuff! Thanks for sharing!
@FIREWeGo3 ай бұрын
Thank you! We appreciate you reaching out. We also found your channel to be so helpful! 🤗
@ppadilla31093 ай бұрын
Love, love, love, your video!!!! ❤ I am grateful for you sharing your experience with us! Keep up good work! I recently broke free and am living freeeeee baby, yeah!!! 👍🏼
@FIREWeGo3 ай бұрын
Amazing, congratulations! You must feel amazing!
@Constellasian3 ай бұрын
I've been following your channel since you started around 3 years ago. I'm glad you two hit your goal this year and retired early. I hit FIRE two years ago at the age 42, but stayed at my job for another year. I left my job during October 2023. I'm still in the US, but plan to live overseas for a while. Some of my assets are similar to yours, but my dividend stocks pretty much is my income. A portion of my net profit from rental properties are reinvested into my ETFs, index, and dividend funds. Fortunately, my rental properties are in areas where rent prices are high. Also, I was among the lucky Dogecoin folks and cashed out at its high during 2022. This was what really drove me way over my FIRE number.
@FIREWeGo3 ай бұрын
You're coming up on one year retired! Congratulations! How does it feel? Dividends are our favorite thing at the moment! 😉 We definitely recommend living abroad for some of the time... you get to explore new places, try new things, and depending on where you decide to go, you can also save a lot of money! Is there any place in particular you would want to go first?
@Dobie-h3m3 ай бұрын
Great video! You guys provided some really great ideas and how you guys are putting those ideas into practice. Congrats on your successful journey!
@FIREWeGo3 ай бұрын
Thanks for reaching out. It's great to hear that you enjoyed the video! 😊
@User12345fan4 ай бұрын
Thank you for the transparency. It is crazy how much you receive in dividends.
@FIREWeGo4 ай бұрын
Thank you for the support! It was hard work to get this far, but we are certainly very happy with the amount! 😊
@User12345fan4 ай бұрын
@@FIREWeGo do you see your protofolio’s appreciation go down in value even if you do not sell the stock itself and only receive dividends?
@MrOutshine13 ай бұрын
@@User12345fan The portfolio (principle) has to go down by the dividend payout. For many, the benefit of investing in dividend paying stocks, ETF's or funds is convenience and some level of predictability.
@JayandSarah3 ай бұрын
Not really. Average 4.5% on a million bucks it’s average.
@JayandSarah3 ай бұрын
@@User12345fanthe value goes up and down according to market prices. The underlying dividend is the income. It only matters if you need to sell or dividends are cut.
@PassiveEarnings4 ай бұрын
Thank you for sharing your insight! I am long term viewer. Really happy for you both!
@FIREWeGo4 ай бұрын
Thank you so much! And we truly appreciate all of your support 😊
@PassiveEarnings4 ай бұрын
@@FIREWeGo Of course, one day I would want to retire early as well with at least 4 income streams as you shown. I see youtube income as a fluctuating dividend ETF payments lol, you keep making videos, you keep making money. Just for perspective, you would need to invest $240,000 to make $1,800 in 3 months from a stock that pays 3% dividends per year.
@goofygirl13114 ай бұрын
How are you handling healthcare? Are you Canadian citizens? In the U.S. I think that affording healthcare premiums is the number 1 concern for those considering an early retirement.
@FIREWeGo4 ай бұрын
We are Canadian, but as we are going to be out of the country for more than 158 days a year, we will lose our health coverage. We have purchased a global plan through Safetywing. There Iink is in the description!
@goofygirl13114 ай бұрын
@@FIREWeGo Thanks, I'll check that link out. We're going to be 60 soon and contemplating retirement but we want to make sure that our youngest is graduated from college and has a job first before we pull the trigger.
@FIREWeGo4 ай бұрын
@goofygirl1311 completely understand! We actually did a video on our health insurance...think it was in May?
@OurRetireEarlyJourney4 ай бұрын
Love your transparency! It’s not easy putting yourself out there as you have.
@FIREWeGo4 ай бұрын
Thank you, we really appreciate it. We just want people to understand that there are so many options and possibilities for them! 🤗
@OurRetireEarlyJourney4 ай бұрын
@@FIREWeGo 100% agree. We started our channel to provide the same insight from a couple's perspective that is planning for retirement through FI. We aren't there yet, but driving to get there. The more people that can learn about opportunities out there there better. We were living and grinding like everyone else and never thought about it.
@gijns3 ай бұрын
I dont know why but Id love a hug from you guys. You guys are thr auntie and uncle Ive always wanted
@FIREWeGo3 ай бұрын
Lol, ahhhh! We would definitely give you a hug if we meet up someday! 😊
@tonymodrono59534 ай бұрын
Thank you to you both. That’s very helpful what you shared. Safe travels 😊
@FIREWeGo4 ай бұрын
You're so welcome, and thank you!
@08KMG293 ай бұрын
I would love a video on dividends, specifically pulling them out and how that looks on taxes. I never have touched my dividends because I heard it will come back to bite me on taxes.
@FIREWeGo3 ай бұрын
In Canada, at least, if you're invested in Canadian companies/stocks, you receive preferential tax treatment, so you don't pay as much as you would on investments in companies outside the country. We will see if we can do a tax video this coming April. Fill everyone in on how the dividends are taxed!
@DannyHansen-t3w3 ай бұрын
I really appreciate your willingness to share. It helps so much for my planning. Thanks
@FIREWeGo3 ай бұрын
You're so welcome! We are glad that it is helpful! 😊
@cheahd4 ай бұрын
Congratulations for being so honest❤
@FIREWeGo4 ай бұрын
Thanks for the support, we truly appreciate it!
@nidhalhayouni65113 ай бұрын
congratulations , i have been following your journey. just amazing
@FIREWeGo3 ай бұрын
Truly appreciate all of your support!
@TylerPokeProductions2 ай бұрын
Thank you guys! ❤
@FIREWeGo2 ай бұрын
Thank you for reaching out 🤗
@VolleyballAddict5213 ай бұрын
I love this. Im glad this popped up on my feed. Happy for you all!
@FIREWeGo3 ай бұрын
Thank you so much! We are also glad that it appeared in your feed! 😊
@jasonbowman7094 ай бұрын
Love what you're doing and the great videos!
@FIREWeGo4 ай бұрын
Thank you for the support, we really appreciate it!
@ThrowBackZone3 ай бұрын
What an inspiration! I wonder if we can all really achieve this.
@FIREWeGo3 ай бұрын
We weren't sure we could do it either when we started. But we were determined, put everything we had into making our plan a reality! You can do it as well 😊
@mommytradertube4 ай бұрын
You guys are major goals!! 😊😊
@FIREWeGo4 ай бұрын
Ahhh, thank you! You're also doing amazing things! You have great content in your channel 😉
@lindadorman28694 ай бұрын
You didn't mention this in the video, but I hope you paid off your $60K debt before retiring. I developed 4 income streams as well (not the same as yours but close) and staying debt-free has made all the difference in my financial security. It just provides so much peace of mind knowing you don't owe anyone. Highly recommend!
@FIREWeGo4 ай бұрын
You're right! Being debt free is also key! And yes, paying the debt was definitely the first things we did... paying interest to the banks was not in our plan! 😊😉 We would love to hear about your streams as well!
@dividenddaddy37694 ай бұрын
Love the transparency in this video.
@FIREWeGo4 ай бұрын
Thank you! We also love yours! 😉
@gateway17393 ай бұрын
Really inspiring stuff guys, thanks for sharing!
@FIREWeGo3 ай бұрын
You're so welcome! We are glad you enjoyed it, and thank you for the comment!
@Opm03162 ай бұрын
This is the very first video I watched from you guys, I’m pretty sure, I’ll watch your previous ones to see which dividend stocks you were investing in and how you got to where you are right now.
@FIREWeGo2 ай бұрын
We are so glad that you enjoyed!! Any questions, let us know 😉
@mikep48694 ай бұрын
Well done! Working out better than you planned.
@FIREWeGo4 ай бұрын
It really is...so far, things are going well! 🤞
@hogroamer2603 ай бұрын
I may have missed it, where would someone go to check availability and pricing on your condo? I'd suggest you make a promotional video. Another great video, thanks!
@FIREWeGo3 ай бұрын
We are looking at doing a video on the condo coming up shortly. There is lots to show people here in Joao Pessoa, it's great!
@rickmorris35804 ай бұрын
I judge success by the tans you guys have. You are successful!!
@FIREWeGo4 ай бұрын
Lol, we love this! Thank you so much! We are absolutely loving life right now!
@hopesantos57443 ай бұрын
Great video, very honest! Thank you
@FIREWeGo3 ай бұрын
You're vereelcome! Thank you for letting us know that it was useful!
@asavannah74394 ай бұрын
Thank you for being so open about the numbers! My husband and I would also like to retire early at some point
@FIREWeGo4 ай бұрын
You can achieve it for sure!!
@terryevp40844 ай бұрын
Many Thanks for the great explanations. Very nice Video.
@FIREWeGo4 ай бұрын
Thanks so much, Terry! We're glad that you enjoyed it! 😊
@shaimasamadi24073 ай бұрын
I love your honest advise
@FIREWeGo3 ай бұрын
Ah, thank you! We want to be as transparent as we can in order to try to help as many people as we can!
@stuartoconnor5384 ай бұрын
Another great video, thanks for sharing
@FIREWeGo4 ай бұрын
You're most welcome! We are glad you enjoyed it!
@melodyn64193 ай бұрын
My question is: what's the difference costs international travel costs solo vs couple, retire early living costs solo vs couple? Thanks
@FIREWeGo3 ай бұрын
This is a.bit hard to say for sure as we are two people. But things like travel costs, medical costs, and food costs would be half as much for only one person. Then other things like accommodation would be about the same!
@kws53544 ай бұрын
I set up mine and my wife's retirement using multiple streams of income. My wife and I both have some small pensions then we also have our social security and dividend income. I really like the dividends. It's our second largest source of income. Combining that with living debt-free we have a lot more discretionary income than we've ever had before.
@FIREWeGo4 ай бұрын
Being debt-free is key, isn't it?! It's amazing how far your income will go when you aren't paying off things you purchased in the past. Good for you guys!
@radioheadcanadian4 ай бұрын
Thanks for sharing. Been a long time fan of your channel and content. In terms of KZbin income source, ive seen other KZbinrs put up affliliated links on the video description section for things like your videos gears, your favorite finance books on Amazon, your own course/book. Something to consider. Love the work, keep it up!
@FIREWeGo4 ай бұрын
Thank you so much for all of your support! We really appreciate it! Maybe we should start promoting some of those links in the videos... we do have some in the descriptions of the videos and on our blog, but we don't mention them often! 😉
@radioheadcanadian3 ай бұрын
@@FIREWeGo doest hurt to mention briefly
@dancurran89774 ай бұрын
Congratulations on your success!
@FIREWeGo4 ай бұрын
Thanks so much!! 😊
@MrRuskee3 ай бұрын
Gean!!! I think we worked together at apotex! Small world wow - good to see you doing well :)
@FIREWeGo3 ай бұрын
Such a small world!! Send us an email at firewego@gmail.com. I would love to hear from you!
@pedrozatravel4 ай бұрын
Very nice, well done and very transparent, thank you.
@FIREWeGo4 ай бұрын
Thank you! We appreciate all your support 😊
@lazydxd3 ай бұрын
Can you share what your dividend stocks you are invested in?
@FIREWeGo3 ай бұрын
Thank for reaching out. We do share our portfolio and our dividend income numbers in our Membership area. We have an older playlist that contains most of our current positions, but if you're looking for current ones, those are found in the Membership area. thanks for watching, and we hope that you're having a fantastic week!
@BB-dr6ho4 ай бұрын
Thank for the video 💖 I really enjoyed it 😊
@FIREWeGo4 ай бұрын
You're so welcome and glad that you enjoyed it! Thank you for letting us know! 😊
@newwavebrazil4 ай бұрын
Your condo is looking good. One day maybe a condo/Joao Pessoa tour episode?
@FIREWeGo4 ай бұрын
Definitely!! We're ally want to show all of you around this great city!
@thumperjr1004 ай бұрын
@FIREWeGo, this would be great. Would love to see the area where you're living while in Brazil.
@FIREWeGo4 ай бұрын
Perfect, we will see what we can do ! 😊
@rich_with_rich3 ай бұрын
nicely done! how does taxes work for you guys?
@FIREWeGo3 ай бұрын
Thank you! For taxes, we are still filing in Canada as we won't be in any other country long enough to be considered residents!
@CourtneyRobinson3 ай бұрын
Thank you for this. We are very similar in many ways. It helps me to see what others are doing.
@FIREWeGo3 ай бұрын
You're so welcome! We are very glad that it was helpful 😉
@mariolemos9913 ай бұрын
Parabens amigos. Very candid information 👌
@FIREWeGo3 ай бұрын
Muito abrigado! We wanted to let people know what's possible! Thanks for the support 😊
@realGromWasTaken3 ай бұрын
This is amazing, inspiring!
@FIREWeGo3 ай бұрын
Thank you so much! We appreciate your support!
@john001233 ай бұрын
I am In my 30s and trying to invest at least $55k per year. Your channel has been a motivation for me the last couple of years
@FIREWeGo3 ай бұрын
That is an amazing goal!!! Good for you, you'll definitely see the beauty of compounding taking effect soon! We are so glad that the videos have been helpful. Thank you so much for watching!
@peterbell15803 ай бұрын
Holy smokes!, that is amazing !
@john001233 ай бұрын
Thanks !
@veliadisrosasjr16473 ай бұрын
$55k yearly is Impressive, no doubt you'll increase your savings as you get older
@thehousingvlog70343 ай бұрын
Wow, over a million in dividend stocks and all your other income streams are amazing! 🎉
@FIREWeGo3 ай бұрын
Thanks so much! We appreciate all of your support 😉
@Thebrokeragemoneymachine19 күн бұрын
With 1,000,000 in a brokerage. You also borrow vs you account. Access to 500,000 to 750,000 at low interest. Depends on the brokerage
@FIREWeGo18 күн бұрын
This is true! We have decided against borrowing at this point, though we have in the past!
@quitefrankly68154 ай бұрын
Thanks for your transparency 😊
@FIREWeGo4 ай бұрын
You're most welcome, and thanks for the comment!! 😊
@0xDanielCamarillo4 ай бұрын
Damn guys you are killing it! I also plan to retire at 50, I think it is the perfect age, still have a long way to go but I started investing
@FIREWeGo4 ай бұрын
Good for you! Starting is the hard part. Keep going, and you'll be amazed by your progress!
@AdrianaSpark074 ай бұрын
Thanks for sharing your different stream of income. It's inpirational
@FIREWeGo4 ай бұрын
You're so welcome! We hope that,it helps you guys for sure ☺️
@miamiflorida69654 ай бұрын
Great video! ❤❤❤
@FIREWeGo4 ай бұрын
Thank you so much!
@mickster17804 ай бұрын
would love to hear a little more detail on which stocks and ETFs you're invested in. thanks!
@FIREWeGo4 ай бұрын
We currently share our dividend stocks and income on our membership videos. We have older videos under the dividend playlist that hat the majority of our investments listed
@kellylee5143 ай бұрын
Thank you for the info. Can you please share what dividend stocks and how much in each you have? Thanks
@FIREWeGo3 ай бұрын
We have a dividend playlist where we shared it up to the end of 2023. Now, we are sharing this in our membership area if you're interested in joining our community! 😊
@benpaul53303 ай бұрын
Very nice video! Thank you letting us into your lives about a personal topic. I’m starting to aggressively save and invest late in my 40’s but nevertheless my children will be set!
@FIREWeGo3 ай бұрын
Congratulations! That is when we started as well. It is amazing what you can accomplish when you have a goal to work towards! Good luck!
@benpaul53303 ай бұрын
@@FIREWeGo Thank you so much 🙏
@someoneelse69344 ай бұрын
I’ve been retired since 39. I am now 57 with a $3m+ net worth. Besides my pension, I also have several streams of monthly income so that I have yet to even touch my retirement savings.
@FIREWeGo4 ай бұрын
This is amazing, great job!
@crjcrj84434 ай бұрын
Congrats. What kind of pension? I would think military( or military credit) or a type of disability pension if you retired at 39?
@ktti3493 ай бұрын
congratulations. Can u share your multiple streams of income?
@Penelope4163 ай бұрын
Do you receive Dividend Income throughout the year as well?
@FIREWeGo3 ай бұрын
Thank you! It was a Police Service pension 😉
@TracyBirds4 ай бұрын
Thanks for sharing!! 😊
@FIREWeGo4 ай бұрын
You're so welcome!
@autobotdiva92684 ай бұрын
so glad for you! i have over 30 shares of VYM
@FIREWeGo4 ай бұрын
Amazing! It looks like it had quite the dividend increase in June as well, so you must be happy!!
@JohnVHLife3 ай бұрын
Congrats, new sub.. retired early because you are rich, wish I was smarter decades ago, playing catch up...
@FIREWeGo3 ай бұрын
Thanks for joining us! We had to play catch up as well... it wasn't too long ago that we had a bunch of debt and really no savings at all!
@JonathanAlvarez-ty1px3 ай бұрын
I appreciate this video for sure I’m 26 I feel like I seen a blueprint
@FIREWeGo3 ай бұрын
What a nice compliment! You have lots of time to make all of your dreams reality, too!!
@syedpeersuhel7615Ай бұрын
How do you bring the income from Brazil into Canada . Wouldn’t the tax hit hard
@FIREWeGoАй бұрын
The income symtays in Brazil to cover expenses at the condo and cover our living expenses when we are here visiting. Our accountant also uses the tax paid here on our tax returns in Canada.
@lucyv22792 ай бұрын
Hello, I'm curious about how much you pay for medical insurance.
@FIREWeGo2 ай бұрын
Hi there! We pay about 324 cad through SafetyWing
@melodyn64194 ай бұрын
thanks for transparency. Do you still own any apartment in US or Canada?
@FIREWeGo4 ай бұрын
You're welcome! No, we sold our home in Canada and just have our condo in Brazil now.
@ListerBliss4 ай бұрын
Congratulations 🎊🎈🍾🎉 (plus this video should rocket up that youtube generated income for y’all!)
@FIREWeGo4 ай бұрын
Lol, that would be fantastic!!! 🤗
@travelspot063 ай бұрын
I love that you used actual numbers!! I retired in March too and have a similar financial situation (minus the KZbin!) and am living on dividends/interest currently. Sorry if you already covered this, but do you also have IRAs or any retirement accounts??
@FIREWeGo3 ай бұрын
Congratulations on your retirement!! Are you loving it? We do have retirement accounts in Canada, RRSP, and a LIRA. Currently, they are invested with growth etfs, and we won't be pulling from them for several years! We are thinking we may do a portfolio breakdown soon!
@travelspot063 ай бұрын
I am loving it! I am basically the same age as you, and so have a long time before I will draw from my retirement accounts too. My best decision was selling my house/car. Immediate savings! 😊
@aarondawkins86683 ай бұрын
Great video, so do you not have a residence home anymore? Do you just rent like Airbnb type for your life now? Did you sell your house and add the proceeds to the investment account? Thanks, great video
@FIREWeGo3 ай бұрын
Thank you for reaching out! You're right. We sold our principal residence in Canada and invested the money. Most went to top up our TFSA accounts, and the remainder went into our margin accounts. We still have our rental property in Brazil, but for the most part, we will be staying in Airbnbs and Hotels 🤗
@aarondawkins86683 ай бұрын
@@FIREWeGo nice, that now enables you to travel full time!. Did the house sale make up most of the capital to provide your dividends or did you do a lot of saving income too?
@karlosm27304 ай бұрын
I am FI right meow, but, have not created a plan to retire early. So, I work still, and re-invest my dividends.
@FIREWeGo4 ай бұрын
Congratulations! That is a huge achievement. And by reinvesting your dividends, you'll onky be in a better position once you're ready with your plan for the next stage! Again, amazing job!
@berrysuttlemyre3 ай бұрын
Great info
@FIREWeGo3 ай бұрын
Thanks so much!
@jaimonga3 ай бұрын
Great video! I visit Brazil twice a year from Canada and would like to buy an investment property there. Any website recommendation to review listings to get an idea about the market?
@FIREWeGo3 ай бұрын
Very nice! Which part of Brazil is your favorite? We are looking at doing a video on options here in Joao Pessoa for rentals. We are just getting it set up so stay tuned!
@Quincyq153 ай бұрын
Are those dividends in a taxable account?
@FIREWeGo3 ай бұрын
Yes, the majority of the dividends are held in our margin accounts.
@FVPROJECTАй бұрын
Thanks for sharing. Question: Did you buy the dividend stocks during the pandemic lows after selling your house? That would help add some perspective if this is repeatable for others to get a ~7% annual dividend return without taking excessive risk (e.g., put more money in high yield stocks)
@FIREWeGoАй бұрын
We have been buying consistently since June 2020. We only sold our house in April 2024 and then invested the remaining capital at that time.
@Calventius3 ай бұрын
You guys made me feel better. I just retired at 67, with 60k in military pension/civil service pension income and 4 rentals which gives me about 40k. I am trying to hold out until 70 so I can get about $3,700 in social security a month more. I only have $54k in good yielding stocks which gives me from $125-$212. A month. I still feel pressed.
@FIREWeGo3 ай бұрын
Congratulations on your retirement!! Your military pension is great, guaranteed income!
@jmags43974 ай бұрын
Did you buy the condo in cash? Or with financing?
@FIREWeGo4 ай бұрын
We bought it in 2019 and financed it with the builder, and it is now paid off.
@willkeen50103 ай бұрын
Your story is awesome! Curious how you handle income tax. I’ve maxed all the registered accounts (rrsp and tfsa) but still have a 7k tax bill each year since I have gics in non registered accounts that aren’t that tax efficient unfortunately. I assume since most of your income is from dividends that are tax most efficiently and you don’t have many non-registered GICs?
@FIREWeGo3 ай бұрын
You are correct! We don't have GICs, and the dividends we have in our margin accounts are all Canadian dividends, so they're pretty efficient!
@willkeen50103 ай бұрын
@@FIREWeGo thank you for your quick reply and congratulations again! 😀
@FIREWeGo3 ай бұрын
@willkeen5010 thank you!! We appreciate your support for sure 😊
@kims73873 ай бұрын
Have you considered treasure bills instead of high yield savings
@FIREWeGo3 ай бұрын
We are Canadian, so we would have to look into if we can buy those, but a good suggestion. Thank you.
@AEviewing3 ай бұрын
Can you share which dividend stocks you choose to invest in or what criteria you look for in buying a stock? This is the stage my husband and I are at right now. And talking him into buying a rental property :)
@FIREWeGo3 ай бұрын
Sure! We have an older playlist regarding our dividend income, and if you are looking for recent information, we began sharing that on our membership videos at the beginning of the year!
@cryptounleashed53053 ай бұрын
Keep smiling guys
@FIREWeGo3 ай бұрын
Ahh, thank you!! We definitely will, and we hope the same for you!
@donnae19944 ай бұрын
What dividend stocks do you investing in?
@FIREWeGo4 ай бұрын
We share our dividend stocks and breakdown in our membership area!
@humorean3 ай бұрын
I appreciate the content and transparency. I’m also set to save up to 1mil cash to retire and end the rat race. It might take me 10 years though lol kudos to you guys
@FIREWeGo3 ай бұрын
Thank you so much! And don't worry, the hardest part of setting yourself up for financial success is developing a plan and beginning to implement it. Once you get started, you'll be amazed at the growth and speed that you'll achieve!
@brianmcgrath59774 ай бұрын
Tour the Condo and neighborhood video please.
@FIREWeGo4 ай бұрын
That's a good idea! Will try to get that done for you guys!
@junsilver6503 ай бұрын
First time to see you guys. Congrats.on your achievement! Hope I can replicate your strategy in the Philippines
@FIREWeGo3 ай бұрын
Thank you so much, and we have no doubt that you will be successful! Are you looking at moving to the Philippines? Or are you already there? We definitely want to head there to live for a few months as well!
@zacharym023 ай бұрын
What about the affiliate income?
@FIREWeGo3 ай бұрын
We hope that that grows one day! As of yet, we have the links, but no income... one day!! 😊
@dubsdolby94372 ай бұрын
Well done, guys 👏 i am a uk 🇬🇧 dividend investor .i retired 2 yrs ago, aged 53. The f100 uk market has a lot of high yield multinationals, so you can get 7-10 % yields fairly safely. My portfolio is around 900k sterling, which generates around 50k with around 150k in growth etfs and stocks.not paying any dividends. 👍
@FIREWeGo2 ай бұрын
That is fantastic! Congratulations!
@methemonkeyking3 ай бұрын
First time viewing your video. Congratulations on your retirement. I’m sure you shared your dividend investments. Can you share which video explains this?
@FIREWeGo3 ай бұрын
We have a dividend playlist where we shared it up to the end of 2023. Now, we are sharing this in our membership area if you're interested in joining our community! 😊