Why you should think about financial independence and mini-retirements | Lacey Filipich | TEDxUWA

[@leondonald]

The concept of mini-retirement changed my life. I'm no longer waiting for some retirement paradise when I'm 65. It helps to know how to fund the lifestyle. You know, making money while you sip that piña colada by the beach does help. I wouldn't have been able to do it otherwise.

[@DavidRiggs-dc7jk]

Yeah, people miss that part. You don't jet out to Puerto Rico with your life savings. Proper investing and a good business acumen are big pluses. Invest in the stock market, real estate, build businesses. That's just it.

[@HarrietBemish]

Safe to say not everybody has the skill to pursue investing. But it's always easy to follow the advice of someone who knows how to i.e a financial advisor. You could anywhere between 10--40k with the right ones. Online businesses are a good bet too if you are savvy.

[@EllenAbrex]

Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

[@HarrietBemish]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Vivian Jean Wilhelm” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@EllenAbrex]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@camela8445Mar]

I’ve been thinking a lot about financial independence. You know, not just retiring at 55 but maybe taking mini-retirements along the way

[@Larry1-pl2wq]

The idea of taking breaks throughout your career instead of waiting until you’re old sounds pretty appealing. Imagine spending a year traveling or pursuing a passion project without worrying about money.

[@V.stones]

That’s exactly what my husband and I have been discussing. We’re both in our 40s, and the thought of working another 20-25 years straight just seems exhausting. We’re looking into ways to hit some financial milestones early so we can take some extended time off every few years.

[@MONROEJACQ]

I’ve heard of people doing that, and it sounds amazing. But I wonder how realistic it is? Can you really afford to take a break like that without derailing your long-term retirement plans?

[@mariadrukker2557]

That’s where careful planning comes in. My partner and I have been working with Aaron Morgan Bell, our financial advisor, to figure out how we can manage mini-retirements without compromising our long-term goals. He’s been helping us map out a strategy that balances both.

[@Bigwilli123]

What kind of advice has he given you? I imagine it’s not just about saving more but also being smart with investments, right?​@@mariadrukker2557

[@thinkingwiththayer]

This is incredibly well articulated. Well done. I think most people see money as the goal, but I've been shifting my perspective ever since I learned that they've done research and it says that money only makes you happy as long as it buys you time. I quickly realized that the whole reason I was disillusioned with modern work culture is that you have no time left to be happy. It doesn't make sense to optimize for money except insofar as it affords you more time. Ever since I've had this shift in perspective, I've been rethinking my life plan and aiming to pursue what is meaningful and valuable in the world and I even decided to start my KZbin channel to try and contribute to the conversation about how to live a meaningful life and about how to make an impact.

[@TheFirstRealChewy]

I care about money because of what it allows me to do, and I work for it because without it I'm currently unable to do these things.

[@YousifNael]

It's unbelievable how much wisdom exists in these videos.

[@justmushinaround]

I don't even need to comment now lol exactly

[@lainahjavari1202]

@Sister Mary Clements and

[@lainahjavari1202]

@Sister Mary Clements you

[@tanhokbieharyanto6068]

@@lainahjavari1202 ?ui?hhhququjjjui

[@JulieHiltbrunner]

I’m at home growing food, raising a kid and farm animals... making a lot of my own stuff. This made me feel great about the path I’m on. Thank you!

[@abdullahkevin9341]

So blessed to hear your comment! 😊 wish you and your family have a great day.

[@gert-jank8992]

Creating Julie Silversmyth: It sounds like a gratifying way of life. Enjoy!

[@kaykay0xx]

This is amazing! How did you finally decide on which land for the farm? Thanks!

[@JulieHiltbrunner]

@@kaykay0xx it was in the right school district and as close to our budget as we could find.

[@IrishMexican]

I’m aiming for part-time early retirement. I’d rather work 3 days a week than 0 days a week. I estimate one can hit the part-time retirement “number” in about 65% of the time of full fledged FIRE.

[@stanfield5124]

Great plan Daniel. After a 1year recharge I didn’t enjoy not working. Part time is fulfilling and engaging, giving back too.

[@LGnLA]

I like this!!!

[@sgist7824]

So many naysayers here. Save 20% of your income even in an average job. You'll never regret that. Or just live month to month in uncertainty with any emergency causing complete chaos. You do not need to be rich to have compound interest, if 'Murican janitors can do it and grow rich, so can anyone.

[@makerkidsclub779]

Agreed - saving is (almost) no regrets. You can get to saved money if you need it. Once it's spent, it's gone. Thanks for the comment @Sophie Gist :) Cheers, Lacey

[@thetayterminator1436]

You forget millions of "Murican's" dont have any health insurance at all, and another 40 million are underinsured meaning they're paying a really low premium just in case so that way catastrophic emergencies dont bankrupt them. Dont forget that Most Pharmaceutical companies based in the US, use the US Market to subsidize the costs of their drugs for the rest of the world, so that they can charge other countries reasonable & affordable prices. At least 75%-80% of all my money goes towards my monthly out of pocket healthcare costs. Its miserable, because if I had insurance I could go see a specialist & I could do something about my chronic back problems & then I could start working again. Im just stuck.

[@_Wai_Wai_]

20% is not aggressive enough

[@_Wai_Wai_]

Saving is just being efficient with the resources available to you.

[@blackbeltfinance4026]

I’m saving 51% right now

[@msthing]

FIRE works in stable economies. Growing up in post-USSR craziness, I saw my family's savings devalue to nothing -- and similar situations continue around the world. There is unspoken privilege in this video that does not extend to a lot of the world. Not every frugal person is so lucky to be born into a stable growing Western economy.

[@cathleensmith4717]

It's amazing what God puts in people. Maybe you don't need the hated " Privilege" of more stable societies and you can decide for yourself what success is for you. Stuff is deceptive and very over rated.

[@hannathehappynomad]

You are absolutely right. Nothing can be the same forever. My grandparents were so frugal their whole lives, and with the end of USSR they lost all the savings. It is so scary. Now as Americans we believe that our system is to stay forever... I hope it lasts for our lifetime.

[@shittymcrvids3119]

That's why invest in the US market through stocks even tho I don't live there.

[@GopiN123]

Place of birth doesn't matter. Now you can invest in any market. I am an Indian, I have invested in US stock market. Opportunities are always there.

[@deAndaJake]

Buy Bitcoin

[@2legit2Kwit]

I had several mini retirements throughout my nursing career. You have to while in the nursing field or you will burn out. I now work on call and pick my own schedule monthly. I make enough to pay my mortgage and invest and the normal food/bills. I’ve taken months off to stay home in summers with my son during his childhood. I had a great time. He’s 20 now. I’m 45. I just upsized in home rather than buy a rental as an investment. Building wealth is not an overnight event. It takes strategy, time and consistency. I feel like I’m time rich!

[@Mollyjaleighingram]

Thank you so much for giving your story!! 26 years old, been a CNA for 4 years, not a home owner yet, $80 K in investments, and starting nursing school here soon. I realize nursing can give me great money and great schedule options… I’m hoping to go part time around 40 years old as well, hopefully I’ll have kids to spend extra time with them at that age!

[@henriquedop]

And King Solomon was right many centuries ago “Better one handful with tranquillity than two handfuls with toil and chasing after the wind” Ecclesiastes 4:6

[@_Wai_Wai_]

Passive income...... Yeah....

[@azndude508]

I'm a first gen of immigrants to America and way back when I was in high school, I remember my dad showing me a simple example of how $10,000 dollars grows over ten years at a rate of 10% per year when adding another $10k annually. He wrote it all out on a scrap of paper and the result was profound. He didn't call it "compound interest or growth" but it was exactly that. Later that night, I took the same example and ran the calc for 25 years and I was floored by the ending figure. Today I'm on track for FI by age 40 and it didn't take 25 years to do it. They don't teach things like this in school.

[@charlitoadams777]

Yep. Compound interest is amazing. Most people would choose a million dollars over a penny that's doubled daily for 31 days, which is over 10 million dollars.

[@makerkidsclub779]

Not gonna lie - I did the math to check this :) For those wondering, @Charlito Mani is right. Nice one! Cheers, Lacey: Day 1 - $0.01 Day 2 - $0.02 Day 3 - $0.04 Day 4 - $0.08 Day 5 - $0.16 Day 6 - $0.32 Day 7 - $0.64 Day 8 - $1.28 Day 9 - $2.56 Day 10 - $5.12 Day 11 - $10.24 Day 12 - $20.48 Day 13 - $40.96 Day 14 - $81.92 Day 15 - $163.84 Day 16 - $327.68 Day 17 - $655.36 Day 18 - $1310.72 Day 19 - $2621.44 Day 20 - $5242.88 Day 21 - $10485.76 Day 22 - $20971.52 Day 23 - $41943.04 Day 24 - $83886.08 Day 25 - $167772.16 Day 26 - $335544.32 Day 27 - $671088.64 Day 28 - $1342177.28 Day 29 - $2684354.56 Day 30 - $5368709.12 Day 31 - $10737418.24

[@OrilliaFishing]

if you find a 50% return on an investment... you better share that with the world.

[@jonathanwjoe]

Orillia Fishing its actually a 100% return on investment

[@OrilliaFishing]

@@jonathanwjoe see this uneducated version of me is why I'm watching finance videos lol

[@ParadoxycOnline]

Maker Kids Club Hi Lacey! Any tips for someone graduating college soon with a relatively good starting wage?

[@focusedfreebird]

Why don't they teach kids in school about money...investing and saving....that would be helpful...

[@makerkidsclub779]

Agreed. Financial maths is part of the Australian curriculum, but anecdotally it's not uniformly well taught. Cheers, Lacey

[@JulieHiltbrunner]

PTA meetings are a great place to raise this subject.

[@InOrlando]

I believe the education system is NOT allowed to do so.

[@AnjaliKumari-np7sv]

because they want children to become adults that are going to work like robots... if they teach you all the good ways of living life.. the values of life.. how will benefit from your labor and make money making money is the only thing that comes to people's mind when thinking about life ?? this is the system i guess.. it do teaches you a lot.. but takes away a lot too...

[@makerkidsclub779]

@@tavjorden3156 I tend to agree with you. There's two metrics often used in financial education: literacy and capability. Literacy is getting the answers right on tests. Capability is applying the lessons in real life. I find there's a gap, and though of course higher literacy should mean higher capability, it's not delivering the practical skills every time. I much prefer financial education that asks students to apply their knowledge so they become financially capable, rather than answering hypothetical questions on tests to score well on literacy metics. Cheers, Lacey

[@c.k2778]

Being financially free is a goal for many people. It generally means having enough savings, lnvestments, and cash on hand to afford the lifestyle you want for yourself and your family. Historically there has been no better way to grow your money than through investing. I grew to a 7 figure mark well-diversified portfolio having exposure to different prolific lnvestments

[@nathancook8325]

This is a shocker seeing Genevieve Glen Rogers mentioned here. I always had mixed feelings about hiring an advisor. For the record, I started working with Genevieve in 2019, and she manages about 70% of my lnvestments, while I manage the other 30%. My philosophy is that I care more about my own money than anyone else, but she made me accept that financial advisors have wealth of information on current conditions and future trends

[@precious5605]

I'm not surprised seeing this here. Genevieve provides an excellent service, be it on a business or on a personal level. I have found her advice regarding lnvestment opportunities particularly helpful. I am pleased to see the results in comparison to the experiences one reads or hears about in the media. I get the feeling that she's ahead of the game.

[@everett9464]

Every wealth management firm has its own set of operations and specialties. These cover a vast range of topics, including long-term planning, estate planning, strategic tax planning, retirement, and insurance planning which will give you the ability to select the best suited to your needs.

[@TheFirstRealChewy]

@Irma Davis Hmmm... I'd say spend some time learning about different investment strategies. Sure, you can consult with a professional, but in the end it's still going to come down to the decision you make, even if that means trusting the professional. So the more you educate yourself the better off you will be. Also, make sure the type of investments you make align with the lifestyle you want. It's just like a job. How you make it is just as important as what you make.

[@soonny002]

Here's a cultural or generational twist: I'm not saying that ALL Asian families are like this, but most Asian friends I know are like this. It doesn't matter how much you earn or how much you save, most if not all your earnings go into looking after your elderly parents. They brought you up, given you an education, they have no savings of their own, and now they want to live the good life when their children are financially established. So the elders of the family place all the burden of care on the younger generations. It is happening right now in China. I like the FIRE idea and I'm working towards it too. But there is a cultural and generational element to it that we don't talk about. This idea is only possible in an individualistic culture and if each successive generation of a family is somehow financially secure (i.e. not dependent). Cycles of poverty are sometimes perpetuated this way. People can't escape poverty because of inter-generational economical marginalisation. Poor people make poor decisions. And many of us can't shake our own culture that keeps us trapped. Otherwise, this was an interesting Ted Talk.

[@jtblatt1988]

Circe good point, being asian is like chop sticks. Just use a fork! Idk what that means

[@dquan731]

You can be FI and also help out your parents. Factor your financial support to your parents in your FI calculations. It will take you longer but it is possible.

[@MS-on9bv]

@@dquan731 Agreed.. but that would take a hefty toll of adding another 5-10 years of work unfortunately. Accounting for their monthly allowances, health and maintenance, plus other misc. stuff

[@vincentconti3633]

@@dquan731 of course it is !

[@alicea5]

I get you. Being the oldest from an Asian family with two non-English speaking parents, I have to bear everything from transportation to money. It’s like being a single parent trying to take care of old and young babies because in my family my siblings are not cooperating. It became very tiring to work full-time while worrying about personal family stuff. Never having enough time. Never feel peace or settle. So recently, with my company leaving town I began to dream of being financially stable and doing work that would allow me more time flexibility; and like what she term it, Mini-retirement. But overall, it is still very hard to work, family stuff, and so my own research-then rest. Time just isn’t enough.

[@jeromesand]

People who are able to retire early are lucky . I have 15 months till 65 and need to look at calling it quits, my only fear is running out of funds much later, thus keen on investing. What could be the safest possible ways to invest for cashflow, in order to afford lifestyle after retirement?

[@LUCIASMITH-d1z]

consider investment planning, learning from a well experienced advisor is invaluable and a great thing to do now

[@IamJonny-o4v]

That's right. I am a wife, mother of four and new grandmother, 28 years in Corporate America, retired recently at 57 after discovering the freedom investing could provide, been contributing to my portfolio since the pandemic in early 2020, and have grown a $250,000 savings account to almost 1 million, credits to my investment advisor.

[@JacobsErick-u8r]

Impressive can you share more info?

[@IamJonny-o4v]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about 4 years now, and her performance has been consistently impressive.

[@EmmanuelleNatty]

Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

[@khoado123]

Young people if you’re reading this, please think about what you’re doing with your money. Your 20s is the most important time of your life. Yes your 20s not 30s not 40s. Your financial life depends on what kind of foundation you build in your 20s. If you’re 20 and start saving $100 a month in an Roth IRA, you’ll have at least $500k when you’re 65. Think about that.

[@TR4zest]

Only Americans have Roth IRA etc. Others will not know what you are referring to.

[@zaranj1747]

I’m 30 years old, I’ve enjoyed my 20’s and il continues to enjoy and live in the moment. I’ve seen too many people die before reaching the age of 65.

[@jamespham1668]

Retirement is culturally constructed. Mentally We all have to be inclined in gaining productive in our finances. I don’t plan working when I can’t be productive at my 50s. I enjoy being productive and financially enabled. Thanks to my portfolio advisor for this financial reality.

[@bertramknoesen9170]

Everyone wants a perfect retirement but fails to take financial education to help ensure their dreams come true.

[@shilohnovick6115]

True James. Planning your retirement early means placing high value on your life and loved ones. Always aspire to make money out of every investment.

[@johnalmond9426]

Exactly what I’m doing. I knew this was coming, i never gave up on my savings and investment as it would be hard to get a job. I see those around me whom have retired and because they have less money, milling around bored and most end up laying around in front of the Tv, living to eat and sleep.

[@brianrosetti4684]

What do I have to do? I know I need help at this stage.

[@brianrosetti4684]

James Pham?

[@LiLiBi01]

I'm saving, mostly because I expect there to be job insecurity when I get older. My mom and mom-in-law both were laid off between 50-55 years old. Finding a new and engaging job became the biggest struggle ever for them. The both of them have been in several jobs now and that alongside taking care of their own aging parents has been no fun business at all. I want to have the freedom to find work I enjoy, without having to worry about paying for the lifestyle I've grown accustomed to. And if either of the parents need help, I'd love to be there for them. So, yay to FIRE!

[@filippjovanov6196]

I am so happy, that youtube exists! I just recently started to get into the FIRE movement because of videos like this one. Its life changing!

[@Gbdnd]

Retired with a 7 figure portfolio and Receiving about $53k in dividends. I have been in the Stock market about 20 years. Am I worried? Am I selling? Absolutely not. I have purchased growth stocks too a little at a time over the past few weeks. I am going to sit back and observe how this all plays out, adding more at a time. my investment strategy actually calms me down. Eye on the prize, stay the course!

[@AyaanFarax223]

Dividend investing is great, just be patient. I went from making enough passively to pay for my netflix and hulu to now making enough to cover half of my mortgage. Not commenting this to brag, just to give hope to anyone who is discouraged by tiny gains in the beginning.

[@cristinabaker5292]

what route did you take? how can one invest more efficiently? help. sounds like you got something going for you. I am new at investing and really want in.

[@Gbdnd]

@@cristinabaker5292 I’ve been working with someone who changed my idea about the stock industry and how DGI works ..I invest with the guidance of Faith Sofia Heeg, I came across her on an investment webinar, just search her name on line to know more about her. You can reach her from there..cheers.

[@cristinabaker5292]

@@Gbdnd Thanks for the recommendation, she must be very good at what she does, her name is the first thing that pops up on the browser. Just researched her accreditation online and qualifications on FINRA and SEC, she seems really solid and i have sent her a mail already hopefully she replies soon enough.

[@koenigdp1978]

March of 2023 - This post isn’t aging well.

[@sangheethan]

This just blew my mind!! Well I wish I knew this 10 years ago. Retire to be time rich and become the author of your work life.

[@theunscriptedsuccessstory8898]

I work to take care of my family. My family who hardly sees me because I'm always working. That thought alone made me know there must be some other way to live.

[@audreyj3824]

Such a great talk, I didn’t know there was a name to it, but I’m in my early 30s with 4 mini-retirements behind me! One being a bartender in London for 6 months, worked as a flight attendant, lived in Thailand for 4 months, and almost 2 months in Spain as a documentary filmmaker! Live your life now! Keep learning and take risks. Tie your life experiences into your work and resume. The rest will always fall into place :)

[@dazza9360]

The Best TEDx vid yet. Every mum (mom) & dad should show their young teenage kids this vid as well as reinforce good financial habits if not FiRe.

[@velayuthman]

I've been diligently working, saving, and investing toward financial independence and early retirement, but the economy since the pandemic has eaten up the majority of my $3 million portfolio. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?

[@PotentialPower.]

why aren't you retired yet?

[@ylfyg]

What kind of lifestyle are you looking for 😅 I retired before my 30's with only just above 2 mil which I get around 15k a month and I am a very happy person .

[@PotentialPower.]

@@ylfyg for how long have you been retired?

[@ylfyg]

@@PotentialPower. Almost a decade 😅

[@groznoy]

@@ylfyghow are you getting 15k per month? That’s 9% of your portfolio. Are you all in on high yield dividend funds like jepi or are you withdrawing 9% annually?

[@jarrodgodfrey6321]

Investing make up the top notch hemisphere of the wealth. That's the more reason one should save and invest to secure profit and ensure success

[@satoshistacker4411]

True💯

[@jasonpizzno9735]

how does this whole forex thing work and who’s your Expert please? I’m interested in it and I’m willing and ready to invest but I’ll need a professional guide and assistance

[@jasonpizzno9735]

I thought of investing in forex last two years but i was discouraged by my friends is it wise investing in it now?

[@jasonpizzno9735]

@Judge Oscar who's your expert please? I really need to make some investments before the economy melts down

[@jasonpizzno9735]

@Judge Oscar thanks for the recommendation how do i reach him please??

[@exto10]

The content of this video is for an audience that has access to resources that support them in implementing these great habits....Thank for sharing....

[@californiahandball]

I save 70% of my take home, I started 1 yr and 1/2 ago. Changed my life hopefully for ever. I just wish I found my ways when I was younger.

[@janiscena3126]

sounds like starving tbh

[@FrankieJ789]

how much do u have saved now?

[@reaalitykinggs]

Jörge how old are you?

[@californiahandball]

Justin Flint 35 years old. I scaled down to 50% saving rate since the start of this year. I’m still working since Covid started. But things haven’t changed for me.

[@reaalitykinggs]

@@californiahandball I'm in same boat. Wish I started sooner as well.

[@VacationImpossible]

Travel is so important and great for perspective

[@makerkidsclub779]

Agreed :)

[@ivyriegodedios5456]

travel is the same...same beach...same hotel room sometimes worst than you expect\! same architecture... whats with travel rather than being well travelled tahn your friends in facebook or instagram?

[@leongruneberg4844]

But many people couldn't just afford the bus fare to the airport. Travel is a great thing for factory owners though

[@josecarlosxyz]

And expensive it takes money

[@wildfoodietours]

Nicely said.

[@chuajunlee2347]

Our mentality is so messed up we validate ourselves with wasteful vanities, you don’t need to buy that new shoe or that new car yet when you can’t even guarantee yourself financial freedom, why not invest and be your own boss. my opinion

[@d.a3474]

yeah it’s so easy for you to say SUIT why don’t you go back to wall street where you belong

[@katelynrenesse4798]

that’s convenient for you to say Harvard. Not everyone went to trade school like you did

[@chuajunlee2347]

@@katelynrenesse4798 who said i knew how to trade? i have a financial advisor who handles my investment and all my financial decisions and together we’ve made over a million dollar this year so get your facts right

[@nataliehinnes5221]

@@chuajunlee2347 wow you mean you have someone that manages your money and gives you inside info on what to invest in? how do i get to your advisor please i need a 50k advice?

[@benharrop6157]

@@chuajunlee2347 i also need one too, Thinking of going into real estate investing

[@moyastevie1029]

So how do you get on track at age 40 when you have already started out making poor decisions and end up in a lot of debt? Wish I knew some of these earlier.

[@kayrealist9793]

I went FIRE when I was 35 and loving this freedom in life. Anyone who criticize one who lives FIRE only do so cause they do not understand.

[@subhamshaw1204]

They criticize only because they wish they had done it

[@richardshipe4993]

@@subhamshaw1204 that's an incredibly narrow view of FIRE. Nothing is without cost and room for criticism, and that includes FIRE. Let's see, FIRE is highly dependent on continuous investment growth and a growing stock market. If the stock market doesnt do well, then it's a life of frugality. If frugality is fine for you, then so be it. Otherwise, there are tons of people who'd rather add more and more to their savings by working an extra decade. Heaven forbid they understand the simple concept of FIRE and choose to reject it in favor of a different lifestyle.

[@subhamshaw1204]

@@richardshipe4993 One should never invest their lifeline money in the stock market. Rather do it with extra laying cash. Because you just cannot afford the risk of losing your survival money. There are even theories by some professionals that never invest the money which you would be needing in the next five years.

[@blackbeltfinance4026]

Nice 👍

[@roelf8044]

By far the greatest contribution to reaching FIRE is the savings rate, not what the stock market does. _After_ reaching FIRE, the long-term growth from the stock market can be used to _maintain_ your lifestyle. As there is some risk involved, it's important to assume low investment returns (like 3-4%) instead of the average (7-8%), to have a comfortable safety margin. In the end there are no guarantees, you can only choose your risk. Driving a car is not without risk as well, so take normal life activities into account as well when judging investment risks.

[@gordongekko2781]

I wasn't expecting this to be a F.I.R.E. talk. Love it! -- Retired at 36. There needs to be more of these.

[@Riggsnic_co]

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.

[@TheJackCain-84]

I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

[@martingiavarini]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000

[@bob.weaver72]

Mind if I ask you to recommend this particular coach you using their service?

[@martingiavarini]

'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@bob.weaver72]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@susanh171]

Fantastic advice for any age especially the baby boomers trying to decide on continue working full time or 100% retire. This is a way to have both purpose , quality of life and optimize your resources... "Get fire " ... How about "Get fired up" This allows for smaller footprints, zest about life .... and as a human to help the world however it dovetails with you. thank you!!!!

[@jessicasquire]

I plan to retire or reduce my work hours in five years, and I'm interested in how others allocate their income between savings, spending, and investments. I currently earn about $175K annually but haven't built up much in savings so far

[@Lemariecooper]

That's true. I've been assisted by a financial advisor for almost a year now. I started with less than $200K, and I'm just $19,000 short of half a million in profit.

[@Lemariecooper]

Nicole Anastasia Plumlee is the coach that guides, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up

[@johnkay4701]

I enjoyed your presentation & its content. Very informative. I'd never even heard of F.I.R.E. before, so this is new to me. Having read through quite a few of the comments, I especially applaud that you take the time & effort to answer & reply to ordinary people & in such a measured, polite & empathetic manner - well done. I am somewhat older, male & reside within the UK, & I think that I have been living most of my life to an approximate & similar methodology without knowing about FIRE, (except for the period when I was married). From my start in life as an orphan boy in foster care & little materially, I've studied hard all throughout my life (never ever stop learning), worked consistently hard & long hours, led a mostly frugal life & yet enjoyed relatively simple pleasures along the way (playing tennis, playing guitar, wine making, DIY). Although I'll never be a millionaire (& I don't have any great desire to be), I own my own modest house & had paid off the mortgage by age 30. Made the massive mistake of marrying the wrong type of woman (cost me massively mentally, emotionally & financially). Divorced now for the last 19-years & have managed to turn around the consequent financial distress & have now a reasonable portfolio of investments, 50% of which are in renewable energy (my passion of the last 7-years). So in answer to those comments by some that you cannot make it if you are now on a low wage & have a bad start; I've been there, including being made redundant twice (difficult times). No one can keep a good person down, keep trying & you will succeed eventually. Although I choose to keep on working part-time, I probably don't really need to, but I like the reason to have to get up every morning with a purpose. My apologies for the ramble, but I needed to say that if a plonker like me with a poor start in life can become moderately financially stable & comfortable after a life of consistent effort, then almost anyone can. Regards to all, JohnnnyK.

[@makerkidsclub779]

JohnnyK, your comment has made my day. Thank you for taking the time to share your story; it's a powerful one for those who feel like it's an impossibility for them to achieve financial independence. I really appreciate your lovely comments about my responses to posts on this video too. It's been wonderful to hear the variety of responses to the content and the questions it's raised for different folks. You don't know what you don't know, and many of the comments have opened my eyes to things I hadn't thought much about. I hope I'll write better content as a result. Having examples like yours to refer to it also brilliant, as it helps show that it's not just me that thinks this way. You're a gem. Cheers, Lacey

[@aoifeoleary8152]

Thanks for sharing Johnny!

[@lamatfoschini1891]

Saving from when i was 10, now i'm 19 with €15 000 saved and invested and about to put down payment on my first property this winter. Never bought shoes for more than €70, a phone for more than €120 or spent Money on Netflix or Spotify, She Is absolutely right

[@SuperJK-Man]

To achieve financial freedom is to teach financial literacy starting at a young age.

[@pauls8688]

One of the most meaningful advice. She outlines what, how, when, why ... Very clearly...

[@makerkidsclub779]

Thanks Paul S, glad you liked it :) Cheers, Lacey

[@shadowone247]

Brilliant speech Lacy. Thanks for sharing your story. Love the term "mini-retirement". I am fortunate to be in a position to go beyond mini-retirement and actually retire in my mid-40s. However, I am getting a lot of discouragement from family and friends, same old questions - what are you going to do in retirement, you have a good job that pays well and you will be bored in retirement are the common ones. I guess I am trying to find the courage to jump to the next stage which is to find a passion of help others or like you say "help solve humanities depressing problems". I hope to find the courage to overcome "outside" fears to take the next leap and videos like this really helps. Thanks Lacy for spreading the message.

[@makerkidsclub779]

Thank you Shadow One! Lacey here. Thrilled you liked the talk. Sounds like you're on the path to finding that courage, and I hope you prove those who doubt it can be fulfilling wrong. Wishing you all the best!

[@MM-kq8gc]

I hope you take the step and do it and find work that you are passionate about.... I am prsure it will give you a great amount of contentment and happiness :)

[@charlesg7926]

Don’t listen to family. They always just want your money. Sad but true!!!

[@phoenix9999]

They can see what will lose but never what you will gain. Because it's difficult to see what you will gain you will be afraid and your family will not understand.

[@lightmystic3792]

family or friends won't understand unless they are FIRE, you are on the right path.

[@pedrowhite911]

Fantastic and exceedingly wise talk! I became so focused on FIRE, that by the time it arrived and I punched out, I realized, after several months of living the leisure circuit, that there really is only so much enjoying you can tolerate from leisure activities. Their prior enjoyment came precisely because of the contrast they provided from the daily work grind. - I’m now back to working part-time on my own terms and realize just how time rich I really am. I also realize how precious this really is. Working because you want to and on your own terms is absolutely priceless! For those still on your FIRE journey, you really need to think about what you plan to do post-FIRE and plan for it with the same dedication that you are putting towards your financial goals!

[@kristy85667470]

Bless your mum. Any child who grows up in an environment where the importance of saving is pushed, or is given the knowledge of investing in any capacity is already ahead in life. I wish I had that when growing up. At 32, I’m on track and the legacy I will leave my children (I have a 2 year old) will definitely be the knowledge of finances/investing from an early age. Very interesting talk lacy. Thankyou

[@nadjadavidson411]

Thank you Lacy, greetings from Germany. Your story is almost identical to ours. I love how you own and share your success story. My husband and I have been on f.i.r.e since my early 30s (I'm 48) but have been keeping it on the super-low because we don't want people to get jealous. That may be the wrong attitude. I know that our sons (16 and 13) are watching us and absorbing what they see. Maybe I should also share my story with kids in Germany to ignite the spark.

[@Kat-ji6hq]

Das solltest du! :)

[@JessieLewis]

I want to know your story!!

[@DewTime]

Hamburg share your story but only with those you trust. And never push your beliefs on them. Your instincts are correct in thinking most people will be jealous.

[@NWYVR]

My husband and I as well!! Wishing you guys a beautiful life! :)

[@bruno_freitas_]

Yes please share. I would like to hear it

[@Ghostridergt]

One of my favorite TED talks ever!!!!

[@MoneySchool]

Thanks Ghostridergt, thrilled to hear it! Cheers, Lacey :)

[@RVLivingYet]

This is a great idea, we have been working in spurts, travel for 6 months and work for 6 months. Plus we work on this travel channel to show people its possible to semi retire if you live frugally.

[@roldineiteixeira8504]

Lacey. Thank you for sharing you experience. I have 28 and two years ago learned about the importance of saving for the future and for having time for what really matters! This kind of speach change lifes!

[@makerkidsclub779]

Wow, thanks roldinei Teixeira! Thrilled to hear it :) Best wishes on your saving journey! Cheers, Lacey

[@onitheflyinhawaiian]

This speech genuinely blossomed into a powerhouse message. Well done Lacey Filipich.

[@makerkidsclub779]

Thanks so much Keoni Cast, thrilled you liked it :) Cheers, Lacey

[@jlgg-mr8xh]

I wish I knew this or ANYTHING about money, saving & investing when I was young!

[@makerkidsclub779]

Hi jlg1973 g, an excellent point. Learning about this in my teens was the gamechanger. Cheers, Lacey

[@BKNb77]

Absolutely. In the video she says school teaches you nothing about this stuff but why? So important. I had parents that did ok and still taught me Little about finances. Now I have an 18-year-old that just moved out of Home that won’t even listen to my financial advice even though I’ve done good for myself. Who knows? Either way the world keeps turning

[@lgee9027]

Me too!!!!! I cant retire but I will become and stay DEBT FREE

[@ahachey187]

“Best time to start investing was 20yrs, next best... Now” -some guy, probably

[@eatnplaytoday]

Me too. My parents didn't know anything about investing. They only knew to work till you're old and gray and save money and I learned to be Frugal from them. I'm in my late twenties and just learning that investing and really retirement. I have debt too from school; started with $34,000 last year. Since I got my job same time, I have already paid off $24,000 and will pay off the rest by October of this year. Then after, it's all saving and investing for me!

[@lightmystic3792]

I love this lady.....its so true what she said...as i am time rich too since i start working in my own business 7 years ago..when i was 35..I choose when i work and where i work. i am not a millionaire but have enough saving to live with time rich.....the key is saving and investment.

[@makerkidsclub779]

Thanks @Light Mystic! Agreed re: saving and investment :) Cheers, Lacey

[@goodman5016]

Excuse me, what kind of business did you start? Im also thinking start my own business

[@lightmystic3792]

@@goodman5016 I am a migration consultant.....but there are many options for you to choose as per your interest and ability.

[@sanketsarkar9890]

This is one of the best Tedx Talks I've ever heard.

[@bruno_freitas_]

Key Phrase(@13:50): "They (people who reach financial independence) get to choose how they spend their time!" This Video was posted on my birthday. The content of the video is amazing and is really what I needed to hear. Thank you so much for this. In a few years, this video will get millions of views.

[@makerkidsclub779]

What a wonderful coincidence - and happy birthday for the 27th of November! Absolutely thrilled to hear you liked it :) Cheers, Lacey

[@bruno_freitas_]

Oh my god, I can't believe that you actually replied my comment! You made my day. I have been trying to build my secondary source of income and it has been quite a journey. I really hope that I can reach F.I.R.E and become time rich. Thanks again for your time, patience and for sharing your experience with us. You are an amazing person. Cheers from Angola, Africa. @@makerkidsclub779

[@andrewmendoza9480]

Work on the problems of humanity. Otherwise all that time was wasted. Finally someone said exactly how I’m feeling. Finally a sense of purpose

[@NoRegertsHere]

There’s no over population issue, so that’s already solved

[@elizabethlaceviojan3389]

Great speech! The conclusion she gave was really crucial. A lot of these personal financial talks just focus about the individual financial goals. It's great that she emphasized that we should strive to become financially independent so we can focus on finding and applying to many of the world's problems. If people with brilliant ideas and influencers of action are hindered by the financial demands of their own families, then we'll never get to move forward.

[@jennifertorres1921]

Mind Blown! Mini-retirements... I love this! I have two teenagers: one is a saver and the other money burns a hole threw his pocket. I’m trying to teach the about making smart financial decisions now, while they’re young. This I will share with them. You’re my new hero! 😁 THANK YOU!

[@TheFinancialDev]

If you could check out any of my financial videos, would love any feedback you may have on sharing what I have been able to learn about life with people. Thank you!

[@hrg_tv]

I plan on retiring in 5 years. I’m super excited about it. I’ve been working on my fortune for 2 years now. It has not been an easy road. I started with less than zero money. My only regret is that I didn’t learn that it was possible for me sooner.

[@makerkidsclub779]

That's awesome! All the best with your financial independence plan :) Cheers, Lacey

[@Jonb01z28]

While I am already on this plan of financial independence, this story hits home. I've had three rather minor health issues in the last 9 months but IMO two were brought on by stress the third brought on by one of the drugs from the second illness. I've watched a few people in my line of work in the last 9 months pass away at a young age, seen a few that worked for 30-40yrs make millions in retirement only to retire and die, a close coworker diagnosed with stage 4 lung cancer at 35(same age as me with a son one yr older than mine) all this hits home of why am I killing my self for work. While I am on the right track and doing well the last 9 months have sucked and have I have thought a lot about life and whats important to me. While I'm not giving up my job yet I will take full advantage of it to become financial independent, then look else where for less stress and something more enjoyable and less hrs.

[@LeaderNoob]

End of the day, learning to invest is key. No matter how much you earn, without proper investment you’ll never reach retirement.

[@makerkidsclub779]

Yes, yes, yes. Totally agree Soon Huat Sim. You must save, then you must invest those savings. Thanks for the comment :) Cheers, Lacey

[@danloyer6241]

This is true

[@gordongekko2781]

Most people can't even get past the saving requirement for FIRE. I don't get it. Why do most people feel they must spend every penny they make?!

[@josecarlosxyz]

There are no proper investment for poor people these days stop this silliness

[@gordongekko2781]

@@josecarlosxyz That's not true! Most discount brokers have stopped charging commissions. Anyone can open a free Robinhood account and buy 1 or 2 shares of a Vanguard index fund every month. And if you setup a Roth IRA, then the capital can compound tax-free!

[@danloyer6241]

This is a good TedX Video on Time Rich or Ways to live off from your Assets or Investments, Its not a new Concept, If you have read the Rich Dad Poor Dad Books, Millionaire Mindset books etc, I have watched a lot of videos online and books about Wealth, and comes to this "TIME", you need at least 10 maybe 20 years of your life to dedicate on how to achieve wealth, Lifelong Learning, taking evening or online courses related to building wealth is a way to reach wealth. This is NOT Taught in School, because school prepares us to find and hold jobs, not so much about building business from the bottom up.

[@diannerosario3221]

As an artist, i've chosen to give myself more time to create by working a few small jobs and living very simply. And i'm quite happy with the work i've produced considering i dont have an art degree. But I wish i'll soon figure out how to work towards financial independence without having to give up on my art.

[@regulareuropeaninvestor2154]

Speech like this inspired me to start my own fire journey. I am just taking the first steps (and sharing it on youtube), but every big journey starts from first step. Glad that I came across this vid.

[@samuelt.kisaame7787]

These lessons are more valuable to school kids than broader concepts of business economics because of their practical value when they leave school.

[@joycekanyangii7679]

Thank you, so much

[@Goosemancan]

100% agree. On my way to time rich in a couple of years, late 30's , with a family. Looking forward to it.

[@makerkidsclub779]

That's brilliant, congrats. Hope you enjoy it :) Cheers, Lacey

[@goldanimal3931]

Same bro keep at it!

[@avitony35]

Hands down the best ted talk video I’ve seen! So many people are time poor (I’m one of them) I plan on doing something about it !

[@TheFinancialDev]

Awesome!

[@FiftyLibros]

She has done so well financially since she was 10 that she puts me off a little, honestly.

[@youraveragepasser-by7367]

Her mom instilled good habits from a young age

[@riib1408]

Always be a own boss and you control your time and schedule, hopefully this will give you freedom of everything.good luck.

[@Nate_The_Great69]

I am 25 have about 30,000 debt, have 3 jobs trying to pay it off in less than a year. Never want to borrow credit again.

[@cfatipsandtricks]

I come from a humble refugee background and became financially independent at young age. Achieving this can be learned. It's no rocket science, but requires a change of mindset, and a few golden rules.

[@99.99_]

The best video about financial independence I have ever seen in youtube, ever. Great job Lacey.

[@revolutionautoworks777]

Money school. great idea for real. Had been wanting to do something similar but Im not F.I.R.E.. starting late on this whole journey at 34. but still working towards a goal. all around great talk.

[@mikenorman5172]

It's a really good video, I appreciate you taking your time to talk about your story it was touching, and am glad you share it. We can work our jobs forever, it's important we have a solid retirement plan that can guarantee us a future of financial comfort.

[@camilleparker1045]

Well said Mike, it's an important lesson I learnt from Lacy story.

[@marcelreyes1153]

Am glad I made an early move towards retirement a few years back with a great brokerage, which has a very beneficiary investment/retirement plan which has profited me so much over the years.

[@rachealjones6039]

@@marcelreyes1153 am a recent retiree and would be interested to know what opportunities you wrote about.

[@aramnasser6757]

@@marcelreyes1153 what are your investments based on, I have been working in the UK all my life and would be retiring next year.

[@marcelreyes1153]

@@aramnasser6757 thanks to my amazing broker, my investment holdings consist of majorly paying stocks and crypto. Bought a lot when it fell @35k now it's up I made a huge fortune.

[@squeegeeman2000]

Great presentation. One factor that often gets overlooked in FIRE is family planning. I’ve seen a lot of parents make FIRE work with two or less children at home, but less so with higher numbers. I have four children, but I was able to mitigate some of the costs by having them work on my investment property and in my small business to cover many of their expenses. I’ve met several couples in their mid fifties that had several children young (20s to early 30s), but were financially free and living well because they really had no choice when they were younger but to save everything they could just to survive. The kids never complained about thrift store toys and cheap furniture, and didn’t seem very upset about not being enrolled in ten different activities simultaneously. We never promised free college tuition and made them take as much responsibility as they could handle. I think that’s essential when more than two kids are around. I’ve also met plenty of couples that have had a really tough time acquiring wealth once the family has more than five kids. Something to consider. If you really visualize a lot of quality time with a large family as essential to your retirement plans, great. Just plan on working a little harder and retiring a little later.

[@DewTime]

Mike McCullough great observation. I know for a fact I want more than two kids. But I also have to balance it with my desire to acquire as much money as possible. So three is the minimum for us but it’s also the max.

[@makerkidsclub779]

Such a good point Mike McCullough. I like your pragmatic approach: it's about how quickly you can get there, and it might take longer if your overheads increase like they would with more kids. Thanks for the comment :) Cheers, Lacey

[@Lockersss]

Getting the snip on Friday

[@makerkidsclub779]

@@Lockersss I laughed out loud at this :) Might show my husband! Cheers, Lacey

[@vonsmith4537]

I want to be financially independent for my parents. They work too hard and I want them to enjoy life right now. Thank you for keeping me motivated and inspired. I will be time rich one day and hope to share my story with you as well.

[@alreadylost6587]

Women fought so hard to enter the work force and know there figuring out the truth of the work force this will create some interesting people mabey, some hope for the future.

[@Chloeeezyyy]

They fought for it because of having no autonomy. Wow. Don’t rewrite history lol

[@TheLowLandGardener]

Some people complain about being unequally blessed with money. But the same people are complaining on not having enough time though all of us are blessed equally the same amount of time each day.

[@olzt100]

A solid bit of advice for recent grads is to save most of your money for the first five years of employment. If one were to live in a van for five years they could save the rent money. In large cities that savings could reach over 45K. The life style is tough and takes a lot planning but with 45K you can start your own business and be your own boss. You can learn to trade and have money to work with. Living in an apartment you will not save nearly that amount of money.

[@Warrior_Resisting_Colonialism]

It's not that easy. Most business fail. Working for yourself isn't possible for most people because most people lack the discipline it takes to run a business. Most business will take you working them 80 hrs a week for 10 years if you want to make it. Not everyone could do this either,as there needs to be employees for business to run. Without the masses working 40 hrs a week for the current business,those would go under.

[@smiljanicn]

Try mini retairment in the volatile enviroment like East Europe. Its easy to do it in Perth

[@GreatestXchange]

I like the phrase 'time rich.'

[@heethjain21]

"Sipping cocktail at a beach gets boring eventually" I had heard about a question, "If you had all the time and money in this world, what would you do?" And the video tackles a similar question, that "Young people when they reach FIRE, they don't retire. They wouldn't be out there doing nothing once they retire. Their work is not motivated by money, but by other rewards other than money."

[@danninemx]

What is more often understated than the possibility of FIRE is that you need to be able to acquire a high income source early in life to enable such compounding. The rest kind of falls into places if you are not wasteful.

[@juliek8249]

A high income is, of course, desirable, but the key is learning/being able to live on half of what you make, no matter how what that number is. Live on half of your earnings and invest the other half until the earnings equal your living expenses. The individual has to decide how little or how much they're willing or able to do with or without.

[@makerkidsclub779]

I agree with Julie K - a higher income gives you speed if you use it wisely. It's not essential, but sure makes things easier as you don't have to make as many 'can I live without this?' choices to save a lot. Like you say danninemx, not being wasteful is the key :) Cheers, Lacey

[@stangtrax]

I see many people go through life paycheck to paycheck not planning financially for retirement. It's not like you get 65 years old and poof magic there is money dropping from the sky for you to retire on.

[@blackbeltfinance4026]

I’m on a journey to reach FIRE right now. Not easy, but I’m going to push through 💰 Great video

[@Handle35667]

I’m 38 and I’ve never worked a day in my life. I’m surprised more people haven’t figured this out.

[@thegreatestdao]

Because you are a genius

[@YoutubeBrand]

Food for thought. I’ll watch this again in the morning just so that it refreshes my mind!

[@monicapuccetti3310]

I just want to add that saving 60% of your income does not require the deprivation it sounds like when she calls it the “baked beans and toast” lifestyle. My husband and I aim to save 63% of our income a year yet probably eat healthier and better tasting food than every single person in my office because we make it ourselves in bulk on a Sunday then freeze some for when we forget or don’t have time to cook and eat the rest throughout the week. I’m talking about everything from beef rendang to homemade chicken or kangaroo korma...meals that come out to less than $5 per serve. Compare that to your average pub meal at $25-30 a plate for worse food (can you tell I’m a fan of my husband’s talents in the kitchen?). Saving does not require deprivation it just requires conscious thought, a bit more time (so much has been made infinitely more expensive for “convenience”), and trying to avoid “keeping up with the Jones’s”.

[@dallassukerkin6878]

What an excellent speaker. I am most impressed. And she is quite right too. For me its a bit late as I am nearing retirement and have not heeded this advice sufficiently - I am debt free and own my house, so I have half of the requirements met. But I have only now started to build some holdings to start building financial independence so being able to retire and live off passive income is an unlikely goal for me to reach before the claws of old age get me. That doesn't mean I shall not try as best I can tho' ... ... ...

[@inarticulado]

This mini retirement idea is really great! We need rethink how our society is organized by work... at the end, what can we enjoy when the 80s or 90s arrive? Because that, I try always travel in my vacantions, and I have plans to retire much early (I'm in the 30s now).

[@Kamsi-yj7si]

The greatest empowerment every woman should have is being empowered financially and mentally. This way you will be at the top of your food chain. Being finally free is one thing every woman should be looking after. I wasn't financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly basis via my investment and got 5 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this.

[@dyhppyx]

This should have sooooooo many more views. Thank you to the speaker.

[@c0rnf1ake]

I come from a family that was struggling when I was growing up and I guess it’s made me have a sitter of scarcity mindset and I prioritised working and saving over happiness. I am hoping my btc pays off in the next few years. I may have the opportunity to retire for good by 40. I’m so sick of putting my needs and wants last. Sick of not seeing my son and wife, reading, meditating, exercising, socialising, taking breaks, watching movies and all the rest. I’m sick of feeling like a prisoner to the system and that my life is being squandered

[@investitin2286]

It's indeed ridiculous that we still look forward to slaving away the best years of our lives. FIRE is really a lifestyle and paradigm shift in our mentality and sadly only a few will get the point of retiring early and having more time to be productive. Thank you Lacey. Interviewing people like Mr. Free at 33 and Millennial Revolution just made things a lot clearer that sometimes your best life is on the other side of early retirement.

[@phyliciajoykloes]

Great talk. I love this, and I need to get brighter with my time.

[@makerkidsclub779]

Thanks andthenifellinlove :)

[@BioxyTube]

i feel already what you are talking about but still, your speech was beautiful. Thank you for your words to us

[@makerkidsclub779]

Thanks lou lou, appreciate your kind words :) Cheers, Lacey

[@ology46513]

the most helpful one of all tedtalks i ever watched so far

[@Je.rone_]

*I think about it everyday and throughout the day* 💪🌚

[@anniesshenanigans3815]

I am in mid 50's and did it the conventional route, except that I never saved until about 10 yrs ago. And did not start paying attention until about 3 years ago. Now, almost out of debt, I can truly say that I will be okay with a small retirement, provided my debts are paid off by then. But truly I would rather do 'mini' retirements. At my age, and older, it's harder to get a job, part time, good paying or otherwise.

[@TheFinancialDev]

Well said!

[@serenewhopperman2924]

Impressive, it’s funny because the actual key to early retirement is making sacrifices, you don’t need that new Tesla or that new vacation house in Cabo, instead why not set up an investment plan with your financial advisor. I did the same and I’m rounding a million currently, I’m sure in the next 5 years I’d have 2 million in my portfolio🤞🏻

[@chrisanthony3560]

Great work, I myself invested in BRK-A, quite pricey I know but will be worth in a few months.. you mentioned an FA, do you by any chance do referrals?

[@clairefrewman1456]

I feel with the current market situation this is the best time to make large scale investments

[@serenewhopperman2924]

Chris Anthonio look her up on google. Lucy Maria Koss. You can reach her there she has a website snd everything

[@vanhall9513]

Inspiring. I would like to start with 30k.. what’s her commission like?

[@Beckylouis-c4c]

I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?

[@Mongarnsamuel]

The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.

[@Jamesdave-g6m]

Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@Mongarnsamuel]

My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

[@Jamesdave-g6m]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@jonasking3670]

Here’s some advice: stop using bots to generate fake comments where it looks like multiple fake users are talking to each other. We aren’t going to look up whatever scam artist you’re promoting.