How We Retired Early In Portugal
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- Опубліковано 7 чер 2024
- In many ways, Amon and Christina are your average American couple-they raise two daughters, enjoy foodie adventures and trips to the beach. There’s just one thing that drastically sets them apart, they retired in Portugal at the ages of 39 and 41. And they did so off of their government jobs, each making less than six figures. Through house hacking, side hustles and DIY home renovations, they earned, saved and invested their way to retirement as part of the Financial Independence Retire Early (FIRE) movement.
Check out Amon and Christina's channel here: / ourrichjourney
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How We Retired Early In Portugal
Hi everyone! It's Amon & Christina! We're so happy that we were able to share our story with CNBC! We had a great time. We hope that it inspires more people to pursue financial independence and to retire early!❤️❤️❤️
Congrats!!!!!
you guys are awesome. :)
Congrats! What was your FIRE number?
Parabéns pelo sucesso, Amon e Christina.
Nice video, thank you so much for what you do
Forget about FIRE, just being in a relationship with that kind of synergy and working towards a common goal is a win on life.
well said
They have their goals set. Investing in what they love
@Graham Stephan ✓ I have some investments in real estate thanks to you
I have savings that I want to invest but I don't know how to, I need a professional guide on all these things left for me I will just be saving till I see something profitable to put my money in.
There are profitable investments in Stocks, cryptocurrency, real estate all you need in a financial advisor
The power of having the right partner and sharing dreams is invaluable! Beautiful Story!!!
True companionship right there
So true.
Frfr
True that
Underrated comment
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
We experienced the pinnacle of our era, but it is now gone. Like what happened to Rome, the corrupt administration will bring this nation to an end. My condolences go out to anyone who is close to retiring and may be worried about whether their pension will be enough to pay the rising cost of living. Insane fiscal policy, poor regulatory policy, poor energy policy, and poor foreign policy
50 and early retirement. I'm very worried about the future and where we're all heading, especially in terms of money and how to get by. I'm considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?
It's a wonderful moment to invest because equities are cheap, but I advise hiring a coach or an expert to help you.
@@bernardallen55 I can personally connect to that. I started working with Julie Anne Hoover, a fiduciary financial counselor, and my profits were assured. In such circumstances, I would always advise hiring a professional to help you through choppy markets and only give you indicators and strategies for figuring out when to enter and exit the market.
@@raynoldgrey Please tell me how I can think I have such skills. My funds are being murdered by inflation, therefore I'm looking for a more profitable investing strategy to put them to work.
@@pauledwin You can check up the investment advisor I employ because she manages the portfolio of well-known investors.
These kids are absolutely enriched with their parent's undivided time and love. What a wonderful accomplishment.
Forget financial goals, they are couple goals ❤️
THIS is not a story about wealth.
This is a story about the real meaning of family and the real meaning of living life to the fullest.
Thanks for the inspiration.
You represent what most of us seek and need.
Inside and outside.
You made my heart smile.
thats cool but did you know that ohana means family
OR how gov. employees in CA exploit the system..Devil in the details
You are right Sir ! Everybody wants some freedom earlier than we all admit.
Joined the Navy at 18 with 7k in the bank. I did janitorial and smoked a lot of pot in high school. Left the Navy after months with 40k in the bank. Invested 30k in the S&P stocks. Started working at UPS, Exide Battery and did concrete on Saturdays. Invested 1k a month every month into it with my Financial advisor Susan Kay Mack, Cashed out 350k from the S&P Cashed out and Semi retired at 31. Took a year off. Traveled. Came home and started working part time just for the insurance, entertainment and pocket change and still investing in stocks with a 3 million net worth, Work isn't work when you don't have to work. Becoming wealthy can be done in few years. It feels like 60hr work weeks. Feel the pain of discipline early or feel the pain of regret later. I wish everyone well!
any advice on where to invest these times or a possible referral? I have been keeping a close eye on cost of the stock I currently own, not doing so good, and i’m just trying to figure out the best time to buy and what to buy more
i'm envious i'm just getting started.
@@emilyhowe3359 Can't divulge much, James Fletcher Brennan is the license advisor that oversees my portfolio. he’s very cautious with my investment, and has an outstanding credential, it's easy to find him on the web.
no sweat indeed in finding him just copied and pasted his name on my search, thanks for sharing
The fact that they're united and happy together as a family is already enough for me.
In fact a miracle for a black guy
They are SO IN-SYNC with each other. They are like one heart in 2 bodies. Love that.
Never underestimate the importance of having the right mate.
Yes, truthfully, that's the key right there.
Say that again
Retirement is wonderful if you have two essentials - much to live on and much to live for. Invest wisely and get good returns.
thank you, can you give a pointer the best investment now ? i am thinking of getting stocks or cryto
The key to making money in stocks is not to get scared out of them. An important key to investing is to remember that stocks are not lottery tickets. get a financial assistant
I currently work with VIVIAN KLAINE MORGAN a financial expert i met in a seminar
I recently watched VIVIAN KLAINE MORGAN on TV , such a great speaker . but have you made any profit whatsoever working with her ?
I have been able to make maximum profits off my trade with $40,000 and I have amassed about $190,000 in net profit In 4 weeks
Success doesn't happen overnight.
It's a marathon, not a sprint. You have to pace yourself, put in the work, and be consistent day in and day out if you want to achieve your goals.
@@wilsonadams2588I diversified my $25K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $450k in net profit across high dividend yield crypto in few weeks or months.
Investing in crypto is the most profitable investment due to its current rise, huge profits and future benefits.
It's obvious everyone is doing this online
Investment
Investment is the key to achieving success with the current pandemic slowing down so many businesses aww
Yes I'm a living testimony of Anna S Wilson, her platform has also done a great thing for me
A Friend told me Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. is this a good way to potentially grow my retirement savings to about $3M over time?
You need to create your own process, manage risk and stick to the plan, through thick or thin or you can just seek the help of a financial advisor.
These two seem like the PERFECT team. Props to them :)
I need Kevin O leary to react to this
Kevin
I love Amon and Christina, they're a source of inspiration. My wife and I have been in the s&p500, both through my TSP and through Fidelity in her 401k. Until around 3 years ago we were 100% in the s&p for over 15 years. Cashed in $350k from the s&p and invested with a full service advisor. We currently have $2.3million in out tax deferred savings. I retired last year at 56, while my wife retires next year. Feels good to be in control of your like having made the best investment decision. Our Rich Journey, let's go!
That's impressive man. I am curious as to what kind of investment you make now that yields that kind of profit for you. I also find myself in need of a good investment plan currently. My 401k is always maxed, no Roth for now. I've got $500k+ in a savings account.
@@profderek2204 I have my funds well diversified by using trade signals from my investment advisor Susan Lynn Hoyt a US registered CFA who you might have heard about or seen in the CNBC news and tbh it's been a huge relief. Highly diversified portfolio, mind blowing earnings and little to no engagement at all on my part. My aggressive portfolio returned almost $200k in Q2.
@@charliex7683 That's a lot of money. I'd love to start moderate and maybe advance to aggressive. Do you copy the trades manually? I have a full time job. And what does Susan Hoyt charge for her services?
@@profderek2204 You don't copy manually in auto trading cuz it works programmatically but you have control over your funds and can opt out anytime. It's a sunset of algo trading. The lady I just recommended is a renowned FA and knows what the heck she's doing. You can check her out online if you'd need help. Good luck.
Just found her official website, looks solid. I'll get it touch when I'm ready. Thank you
I feel this is the wealth that I would want rather than having a billion dollars. Spending time with family, no worries about retirement and being young enough to enjoy traveling and other experiences.
Agreed, I think it's important to know how much you need and understand your numbers well instead of just always wanting more. Then you get to actually enjoy the freedom you've created for yourself!
Rather have a billion and spend time with my family and take them anywhere they want
exactly so true- we are aiming toward this life as well!
i am different i would have multimillion or billion and run a company in the engineering and medical sector and keep my brain busy till i die
@@droo9466 billionaires never have time for their family
This aint about money. This a love story.
05:15 is the magic
Yeeeees!
Mma Phoshodi, wena, nothing in this world works with Love.
@@PHlophe Ore ha se lerato le?
"Our employer, when we lived in Spain and Japan, paid our housing cost." 70K and 98K salaries. Fully paid health care insurance. Of course, they made the right moves, but things like that help, a LOT.
@Dodd Frank Yep, I almost turned this off as soon as I heard "Working for the government." In a community where I used to live, near a lot of Federal Govt. and military facilities about half of the people there had retired in their 50s, and ALL of the people who retired in their 50s were govt. employees. The other people in the same community were private sector and were doing well, but practically none had plans to retire before their mid 60s.
you think they got there for free, no they worked hard for that
@@terminator4974 Affirmative Action.
@@nedkelly2035 You made every excuse possible, down to their skin tone. Nothing was handed, they made better choices.
@@nedkelly2035 duh that's whats its there for troll
What a heart warming episode! This is truly a love story masquerading as a FIRE story. As a self made millionaire myself, I made a heartfelt reaction video to this. Spoiler alert- I was just smiling ear to ear and marveling at how amazingly compatible this couple is. Their kids are super lucky to have them!
This is so beautiful. Their relationship really made me cry. 😭😭😭
Amon and Christina are so smart, sweet, and action-oriented. Love seeing them featured here - "our rich journey" is their youtube channel and such a great channel. They have included us in their journey, and tagging along with them has been enjoyable, informative, and inspiring. Highly recommend their channel and congrats to Amon and Christina on this well-deserved shout out from CNBC!
It was their incredible story that inspired me to move to Portugal 🇵🇹. They are our heroes and we love them! 💜
Yes! I feel the same. It has put Portugal on the map for me. Congratulations on your move!😄
How do you just move there? How does the visa thing work? Do they give you some kind of residence visa based on investment like buying a house? Would like to know how it works.
Stay out of the cities, go small coastal towns or completely rural, portugal´s big cities are horrible.
@@zimandolapaperman7108 theres the golden visa
@@user-nk6jt7qi8p Thanks. Will do some online search on it.
These two have a great UA-cam channel and the perfect attitude to make this work. I am a Financial Advisor and I am always skeptical of people who try to retire super early. But this couple has the right attitude, are willing to make sacrifices and are very cleaver in how they manage/grow their money. They actually have a great chance of hitting their goals
What's their UA-cam channel?
Amon and Christina are the definition of financial freedom goals but more importantly, their family aura is just the epitome of what a family that is loving, kind and works together.... can be. Just watch their YT channel (Our Rich Journey) and you will see what I mean! Love them to pieces!
Yes! I love how they blend everything, such an inspirational couple and channel!
98k+70k= 168k isn't bad dude especially In the early 2000's .see iam in no. Way saying that they didn't hard-work but . They said you don't need a 6 figure salary to reach fire but in this case does seem you need especially where they Lived California ain't cheap
@@bloodwargaming3662 Christian wasn't working for the most part. She was even going to law school for part of their FIRE journey.
And amon didn't make $98k consistently each year.
@@mahed5807 but combined they made 100+ right so that's is still top 15% of the population .
What a gorgeous family! Amon and Christina’s partnership is solid. The way they set everything up for their future and that of their family is something to aspire to. Thank you so much for sharing your story with us! 🙌🙌🙌
“I wasn’t quitting the people, I was quitting the job.” 👑
That was a very loud quote
Stuck with me
The life chemistry they sustain is incredible. Just look at the way how they both look at each other when their partner talks. So adorable!
I love Amon and Christine. They are both an inspiration.
They are awesome. I've been following them for a few years now.
I never miss their uploads. I am 45 years old single mother living, I am hoping to retire at 50 if things keep going well for me. Bought my fifth house last month and I can't be proud more that I am right now. I am so glad I made good decisions about my finances that changed me forever now I earn monthly.
@@skoopqueen You're doing good at your age. I'm 42 and my finance is in a mess. Any good tips would go a long way in shaping my life
@@skoopqueen what kinds of investments do you make. I have a lump sum right now doing next to nothing in a savings account. but it's hard for me to take part in the market right now due to the fulltime nature of my job. it will be way to stressful to combine so i don't even think about it
@@skoopqueen Honestly, I tell this to my friends everyday. It's good to save money but you gotta have that investing spirit if you really want financial Freedom
I want nothing but the best for them they seem like such amazing people🥺
Heyy
The way they look at each other when one is talking shows their love and respect for each other. Beautiful.
This is life! Not working for so many years to retire old and sometimes not being able to enjoy the fruits of the hard work you put in for years.
Yay!! It's so nice to see you both on here! Congrats on being featured, Amon and Christina
This was a joy to watch and probably one of my favourite CNBC Make It videos you've made to date. There is just such an ease to how they live and how comfortable they are, yet, you can tell they are grounded in reality and have clearly worked very hard to get to where they are today. How inspirational. Congratulations Amon and Christina on all your success!
Man a woman who believes in her dreams and is not addicted to debt is priceless.
Of course they worked hard and deserve it all, but let's not forget they bought many homes in the early 2000s in the bay area before the tech boom. Nobody making 90k/70k a year living in the bay area are buying multiple homes today.
I have same question. The salary level is quite good but is it possible to buy 6 houses in the bay area?
Especially if some of those homes were bought around the 2008/2009 crash... They likely had some liquidity from previous sells (where they took advantage of the growing tech industry) and managed to really cash out selling and renting those homes out later.
@@korhonenemilia1816 Yeah exactly. There is noway anyone today in that salary range could ever do what they did. But kudos to them. Right place, right time.
@@rikachiu Yeah. The fact that they got lucky doesn't take away from all the hard work they put in before. Had they not saved up enough for those homes, they couldn't have taken advantage of the circumstances.
And before the 08/09 crash. Time for a time machine!
as a young black man, this is really inspiring thank you guys
@@flawaii-pines6858 your reaction to his comment is exactly why you wouldn’t understand.
Some find enjoyment in relatability like a reassurance that you could achieve it too.
@@flawaii-pines6858 I hope you find joy somewhere in life.
If you were intimately familiar with the black American community, you would understand Young Nino's comment. If you were a kind and joyful person, even if you didn't understand the comment, you'd be happy that someone else was happy. 🤷🏾♀️
@@flawaii-pines6858 Good for you! More people should be that way. For many of us, experience has taught us otherwise.
Keep spreading joy. If you can.
@@flawaii-pines6858 Why ask what skin colour has to do with it... if you are going to adamantly dismiss any/every answer? You are COMMITTED to misunderstanding and that’s why you can’t understand. 🤷🏾♀️
This is almost exactly what my parents did, who also retired in their 40s. The main difference is my folks bought, renovated and sold while we lived in those homes one at a time and they invested after their first sale.
This is what life is supposed to look like, I feel like these guys are wealthier than Jeff Bezos in an important way
Has it ever occurred to you that not everyone wants a spouse or children?
i would rather have billions of dollars and a company in the tech field and keep my brain busy all the time till i die
What a great comment!!! 👍
Absolutely
@@The_Original_Hybrid in a video he says he doesn't want to be viewed as the Amazon creator but as a husband, as a father... That statement didn't age well...
@@vtheb1299 Yeah, well that sucks for Bezos, I guess. But my comment wasn't related to Bezos, it was a response to the OP claiming "This is how life is supposed to be!"
Talk about a couple with FIRE POWER! I was wondering when CNBC would pick them up! Gotta love the FIRE movement! 🔥
This was amazing! So happy for this family. Hopefully, their kids appreciate and learn from what their parents taught them.
So happy to see “our rich journey” featured! They’re both lucky to have each other to accomplish their goals with❤️. I hope to find a partner one day that embodies similar qualities as Amon.
Are you single?
@@Rashaadthegr8 Lol are you trying to get into a relationship with UA-cam comments?
@@KS-wk6uk lol
@@KS-wk6uk y not
Ditto on the partner thought, how incredible to find someone with the same goals a mindset.
guys, it so good to see you on CNBC... you guys are an inspiration that shows that people with regular jobs can become financial independent if they believe in themselves and stick to the path. I hit FI this year but will work a couple more years (by choice) but i'm also very passionate about this topic and love all the information you provide on your channel. Keep up the good work!
I envy you guys hehe, it's much simpler for you and other top-tier investors to overcome market difficulties and make millions in a short period of time; I'd really like additional tips and tactics for generating enormous profits in the near term.
Thanks, I just checked her out and i'm super impressed with her credentials.
How exciting to see you guys featured! Well deserved. I just discovered you a couple of weeks ago, and my husband and I have put together our FIRE plan. 😊 We're on track to retire early in 16ish years at this moment, but we're planning to speed things up once our son is in school and I'm working full time again.
With the right partner, you can build a lot. Hope everyone is this lucky
They are LIVING the dream.
They were my entry to the FIRE path. They were my inspiration 3 years back. I lost my way for sometime but again, they were the ones to bring me back to the path to FIRE. While I probably wont retire early coz I love my work and my colleagues and the company treats us quite well, I am more than halfway through to FIRE because of Amon and Christina. Love you guys and best wishes to your whole family
This is definitely one of my favorite money couples. They are absolutely incredible!
Having the right partner makes this journey alot easier, still looking for my partner but not waiting, this is incredibly beautiful and inspiring
Thank you two for being an amazing example and achieving FIRE. The cliche is that “youth is wasted on the young” but you certainly squashed this with discipline, a vision, and a great attitude. Thanks for this, it was renewed my sense to continue my journey towards freedom. Keep it up and would love to get an update from you in a few years. God bless.
I've watched all these videos and this is by far my absolute favorite. What a smart, beautiful family!
Family goals!!! I've been following them for a while and hands down, sound advice and no BS. They're awesome!
Thanks for watching and commenting I really appreciate
For more information on a good investment
@+ 1one = 4four = 0 zero = 8eight = 9nine = 0 zero = 9nine= 5five = 4four = 1one = 4 four...
This makes me want to move to Portugal. What a beautiful, inspiring family.
Thanks for watching and commenting I really appreciate
For more information on a good investment
@+ 1one = 4four = 0 zero = 8eight = 9nine = 0 zero = 9nine= 5five = 4four = 1one = 4 four.......
I heard it’s beautiful
lets gooooo
The most amazing family on UA-cam. They've inspired me soooo much!!! I love them 💗
Amon and Christina you and your children are a beautiful family. I love that you guys support each other, it shows how mature you are.
So happy this family is finally in CNBC! They’re the best, love watching their videos.
I love the Our Rich Journey family! Proud subscriber of their YT channel 💛
Your channel is my favorite. Your family is inspirational and so loving to each other.
OMG, two Our Rich Journey videos today!!! 🎉 Christina and Amon, congratulations for being on CNBC Make It!!!! That's soooo awesome and I hope this way so many more people will be inspired by your beautiful journey and great content!
3 vedio for me. Happy CNBC dropped in great content and people!!
The best thing is that both of them are together and building wealth aswell like that's goals af
they look truly happy together with the same goals in life. Such an inspiration. I think their happiness is their greatest wealth.
Very true, and without that it becomes a difficult square to circle
Their YT is one of my faves!!! love to see their growth xo
Wow, this is such a great story! It’s so awesome to see that they where able to retire while their kids are still in grade school. Great video!
Why did this make me tear up!!! Beautiful and inspiring!
I really really love this couple! They are simply inspiring, may God continue to bless this wonderful family.❤❤greetings from Guyana🇬🇾🇬🇾🇬🇾🇬🇾🇬🇾
It was awesome to see you on CNBC Make It. I've been following you for many years. Your videos are always inspirational! I've been semi-retired for the past 10 years and can't wait to be fully retired. I didn't focus on retirement when I was younger and wish I had made that a priority sooner. I always loved the businesses I created, so it never felt like work. But now that I'm older I don't want to waste any more time on things that aren't truly important to me.
I like how he says that they wouldn't be here if it wasn't for them working together. I am by myself and I constantly feel like I just need a companion to make it happen, what I do alone is okay but not full force because it is just a little too much to handle on my own.
Yes! My favorite cousins... ok we aren't really cousins, but in my head we are family 😄
This cracked me up 😆
We are family!
Mood
That's how you know you have made it in life....people associate with you by extension
😂😂😂
Really love these guys. Amon and Christina have inspired me to start my own fire journey here in Africa
The girls will treasure the memories. Congratulations!
Thanks for watching and commenting I really appreciate
For more information on a good investment
@+ 1one = 4four = 0 zero = 8eight = 9nine = 0 zero = 9nine= 5five = 4four = 1one = 4 four.
So happy they are featured here ! This family is awesome!
Finally CNBC. They are goals. Been following for 2 years. 💕
Finally!! I'm so happy for you all!
I really love this couple . They’re doing it right. Huge inspiration
This is pretty wholesome.
Amazing couple and lovely kids. They provide very powerful lessons in frugality while living quality life.
So happy to see your story on this platform. I’m a subscriber of Our Rich Journey UA-cam channel. Congratulations!!!!
Yes!!! We've come full circle!! Love the feature. I've been following their channel since 2019.
One of my favorite couples and UA-cam channels! So glad to see them featured!! So inspirational! This is what true #couplegoals looks like!
I was so excited you are covered this family I love them! 💗🤗 they inspire me so much on my journey!
They met when they were both 18 years of age. They know each other extraordinarily well. It’s a blessing. 🙏🏾
This is why who you partner with in life is important!! It determines the direction of your life! Look what they accomplished
Such an inspiration. God bless you all🙏🏾
When you find that special person. Have that conversation of goals & a future. If it fits go for it while you young. ❣
@ourrichjourney So glad you all were featured here! Your content is fantastic
I really liked this episode! This family pursues a great goal - to spend time together with their children as much as possible. It took them some time and lots of effort but that was worth it. I personally reckon they’re a great example for all of us!
I totally share their values. Work is not the thing people were created to give it all the time and energy. But the question is HOW to work less? It’s obvious that the less you spend the less you must work to make money. The fact is, an obsession with possessions distracts us from the very things that matter most in life-the things that money cannot buy. Children suffer when their parents don’t spend enough time with them. They don’t feel they are loved. That can even have long-term negative effects on their adult life. On the contrary, how much better it is when all family members just have meals together, have fun and communicate.
Money cannot buy family happiness and unity. That only comes from spending time with your family and giving them adequate love and attention. I couldn’t agree more with this saying from the Bible:
«Better to eat vegetables with people you love than to eat the finest meat where there is hate» - Proverbs 15:17. I find lots of practical advice from this wise timeless book. Where can you find how living by Bible standards can make you happy? Check out the unique website visited by millions of people worldwide and available in over a 1000 languages to read and watch- jw.org
Now these two are the couple goals! I love watching them!
Love how much they supportbeach other and really acknowledge everything theyve done. loLove what his dad said.
early retirement brings me peace
I love this family so much. What an awesome partnership. My husband and I have followed this couple for years now trying to learn from them. In that time we have become debt-free except for our mortgage and we hope to get to a place as well where we can retire early. Kudos to you guys there aren’t many married couples with children making this happen on a regular salary. You guys rock. Congratulations on your success.
Thank you Amon and Christina for powerfully telling your story! Very inspiring and motivating!😊🙏
Thanks for watching and commenting I really appreciate
For more information on a good investment
@+ 1one = 4four = 0 zero = 8eight = 9nine = 0 zero = 9nine= 5five = 4four = 1one = 4 four.......
Great story. They worked hard. It is so hard to reach this goal with kids, but they have done well!
I love these two! Great job!!
Watching these FIRE videos have given me a new outlook on life. I'm there!
Finally made on CNBC I See !!!!
I spent the summer of 1998 in Lisbon. Portugal is still my favorite country in the world!!!
I’m so happy for them, this is amazing.
Thanks for watching and commenting I really appreciate
For more information on a good investment
@+ 1one = 4four = 0 zero = 8eight = 9nine = 0 zero = 9nine= 5five = 4four = 1one = 4 four.
This is relationship goals! Life goals, absolutely beautiful. Congratulations to this family