Why people Can't Retire by 65

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  • Опубліковано 6 жов 2024

КОМЕНТАРІ • 11

  • @AnaRodriguez-jr9fm
    @AnaRodriguez-jr9fm 9 місяців тому +1

    So true all this! Good video!

  • @Native2Earth
    @Native2Earth 9 місяців тому +3

    Only 34 here, seems like half the people my age just think a million in a retirement account is all they need at 65 and don’t invest in anything outside of their one house that’s not even an asset. The other half are content with a part time job and a studio forever. Sad.
    Any updates with Puerto Rico? I know you said you were looking to buy another house. I want to buy a fixer upper and rent it out long term. I know I would make more money with Airbnb but I don’t want the hassle. Looking forward to a PR update 👌🏾

    • @TheRetirementality
      @TheRetirementality  9 місяців тому +1

      I was always self employed so I've always known I needed to fund my own retirement, but I think most people just don't think about it. It is sad. As for PR I've got a video I started like 6 months ago that I can't seem to finish. I was also thinking about doing a year end update on the rental numbers. So I'll get something out soon for PR. Thanks for sticking around and watching.

    • @BobF6483
      @BobF6483 9 місяців тому

      Great video as always!

  • @MelodieH12
    @MelodieH12 8 місяців тому

    Great video!
    When I worked in corporate America I had a 401k. Now that I left early I wish I would’ve kept my money & invested on my terms. I have had rental properties. Now I own a storage company & love it.

    • @TheRetirementality
      @TheRetirementality  8 місяців тому

      That's great. I think storage companies seem like they would be awesome. Americans do love their stuff.

  • @master8127
    @master8127 9 місяців тому +2

    "oversupporting" kids - well without that support the kids are screwed nowadays...

  • @Labbernese77
    @Labbernese77 8 місяців тому

    How do you stop the wife from spending. Even if i say no 75 percent of the time she pounces when I get worn down and then I give in... Spending on stupid stuff i truly believe is an addiction.

    • @TheRetirementality
      @TheRetirementality  8 місяців тому +1

      I am blessed with a wife that doesn't like to spend. I was the spender in our relationship. I did buy things just because I like to buy things. I think moving to the Virgin Islands cured me. Not that you can do that. But it was difficult to get things there and I just learned to live without stuff. Maybe I'll make a video about this topic. But, now my wife makes me throw something away if I get a new one. So If I see a shirt I like. She says "go ahead and buy it, but you have get rid of a shirt when you get home". And that makes me think about how silly it would be to get rid of a perfectly good shirt so a lot of times I don't buy the new one. (a least until she isn't with me🤣)

    • @Labbernese77
      @Labbernese77 8 місяців тому

      @@TheRetirementality you are blessed! That's awesome!