How to Retire in 10 Years (starting with $0)
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- Опубліковано 26 чер 2024
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If you're anything like me you don't really want to wait until you're 70 to live your best life so in this video, we're going to break down the 3x3 framework which you can use to work towards early retirement. Enjoy x :)
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⏱ Timestamps
00:00 Intro
00:43 Part 1 - The Three Levels of Retirement
04:25 Part 2 - The 3 Methods for Retiring Early
09:09 Part 3- How to Make a Plan to Retire Early
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I am not even 18 and already watching videos on how to retire early 😭
me too xD brother, wish you success
Good for you! Some people start to learn about financial stuff when they are 60...
we won’t regret it once we retire before 40😤😤😤
Which is exactly why you are more likely to. So many people never discover this gold content until it's too late.
yes me too! haven't even started working and we already want to retire😭😭😭
I don't want money to retire, I want money to do what I want and work on what makes me happy
that sounds like retirment
@@DevinSmith1486 lmaoo
Read The Millionaire Fastlane. Recommended by Ali and others, guaranteed to kick your butt from that self-entitled seat of yours.
@@iirokangas3434 I really don't think that's entitled to say, it's literally just saying "I want to be happy in life"
Retirement doesn't mean to retire yourself from doing any sort of work, that just can't happen. We're humans, we need to keep doing something. It's just the idea that you don't work for money anymore
investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good??>>>>>>>
Considering that I am only three years away from retirement, it becomes challenging for me to solely concentrate on the long-term perspective. Despite having invested in reputable companies and having a significant amount of funds allocated, my profits have been stagnant. This situation raises the question: Does the current recession and unstable market offer any calculated risk opportunities for generating profits?
I understand your concerns, my friend. I recommend exploring passive index fund investing and expanding your knowledge in this area. Personally, I experienced both successes and challenges when initially seeking a reliable passive income......,>>>>>
how do I get in touch with this consultant that assist??>>>>
STEPHANIE KOPP MEEKS, that's whom i work with look her
Thanks for these recommendations.....,,,
Love these type of videos. Good luck to everyone on their FIRE journey
Video packed with valuable information, will come back to this again and again!
I am amazed with your clarity of thoughts!! Brilliant video
I love your videos so cool - they are upbeat and positive
Great video summing up lots of great points.
Thank you so much for always uploading valuable contents
Great summary with practical calls to action!
Great video! Always appreciate your content!
I'm currently pursuing a balance between fat and lean FIRE with the guidance of financial advisor David Marvin Willis. By diligently budgeting and keeping living costs in check, I save a substantial portion of my income. However, I prioritize enjoying life, dining out, going on holidays, and savoring good food at home. With the goal to grow my income in the next 5-10 years (I'm 34), maintaining a savings rate of 30-40%, I aim to potentially reduce working hours around the 45-50 age range. This journey, spanning the next 10-15 years, won't entail a bare minimum lifestyle.
The FIRE movement is fascinating! Thank you for sharing
Your videos provide great valueable information. Thanks ❤
Quality videos! Certainly do enjoy them!
Love your Videos Ali! Thank you so much!
Every time you’re switching to the next subject I feel like I’m in an Apple keynote…GENIUS!
another excellent video Ali!! thank you very much
Sound advice! Love this Ali!
Why do I need seeing you lol
Thank you for this video!🥰
Amazing video, coincidentally i am reading now 4 hour work week. Keep up the great stuff.
Great advice given in reaching the financial freedom goals. Ali is actually one of the reasons I finally started my UA-cam channel to start my journey towards it. Thanks for all the great content you provide and see you at the top king!!
We need to study financial education like we do for formal education. funny enough financial education pays well. Question we keep asking is why aren't we thought this formally.
Wow, this is so amazing Ali, because I just realized I did this already 15 years ago, Perpetual Retirement that is, because I love what I do so much including the life I have (freelancing - editing, proof reading, transcribing, with family, kids and all the quirkiness of it, challenges, ups, downs, highs and lows) that I'd still do it no matter what the price! Thanks for the content. ;D
Not gonna lie, whatever camera and lens combo you got going on works ; We’ll played 👌🏾. Beautiful quality.
Great overview! Thanks
Wonderful and well explained tips
Thank you ali abdaal .
Respect to you Ali! These are great words to retire early. I appreciate your guidelines.
Very well explained this stuff,
Every kid in high school should watch and study this video
Your videos are amazing! You really deserve to have almost 5MM subscribers and I am sure that it is going to keep growing even more!
Great content as always!
always always great contents from them
Thank you, it was informative.
Love your uploads
We are making it happening... slowly, but we are doing it!!!!
Great video! Keep it up
Hiiii! I love your videos ❤
Could you please make one for lower class folks? I make around 20k/ year, early retirement seems like an impossible dream right now… tips are more than welcome (both literally and metaphorically).
This is brilliant, Ali! Incredible thumbnail of that retired Ali 😊
Part-time work is the way to go (partial retirement).
You're right 🌹🤗
It is always the best way
@@on9francisyu yeah
Keep up the good work! Thanks. I’ve always tried to focus on experience and travel over stuff! Do stuff you enjoy now! And find a way to help others….that’s happiness. The money will come, especially if you make time each week to educate yourself about money. FIRE.
From @9:33 to about 10:40 is the golden nugget that everyone in their 20's should hear, implement and sustain. You'll be sorted way before 'retiring age'.
100% Agreed 👍 Once you change that mindset it all becomes depressingly clear 😅 START NOW!
Spot on, those were our takes too.
Wonderfully explained Ali. My goal is Fat F.I.R.E + continuing to do work I love (making YT videos). I don't think I'd ever fully retire and sit on the beach all day. For anyone reading this and wanting to retire early, I promise it is very much possible. You just have to start making the right changes to your life. Starting now. Good luck! 💪
Lmao... Sounds so inappropriate dude^^^
Thank you Bryan for sharing
That’s basically what I want too, but People say that until they’re old and can’t do much either physically or mentally. My parents just retired in their 60s & are focused on their surgeries & medical issues 😢
@@HomeWorkouts_LS that's true. Life passes you by very quickly. Take action today, not tomorrow.
Great keep going 🔥
On finding work that you enjoy, I would highly recommend Cal Newport’s So good they can’t ignore you. The basic idea is don’t do what you love but instead build rare and valuable skills such that you can gain more freedom and autonomy in your job. I think it would resonate with you and your viewers!
I was enjoying his uber-popular Deep Work book; I should check that out! Thanks!
These concepts work perfectly with people that have had access to education and don't struggle in every day basis. I did it, my husband did it. But I have friends who haven't reached that point, not for lack of trying but because their environment makes it very very difficult. Keep in mind that if your judging others or yourself.
❤️
Thankyou!
Brilliant analysis
I noticed the way you have changed your filming to make it look more 1 on 1 and casual. I just finished your MKBHD podcast and I guess that is where you got your idea. Nice :)
It's true that happy are those whose ambition make their profession .To make your ambitions as profession you should not always work on your ambitions, sometimes you should have to follow alternative ways of making it possible. Like in Ali's case medicine give him the chance of making his ambitions as his profession and now he has left the medicine.
ali been working out! looking good big guy
Great video. ❤
This is valuable
Literally this means alot to me!
The 4% rule i never thought about it that way!
3% rule is better in my opinion
wise thoughts. nice.11.53 when you were talking about lifestyle inflation it's so true. you did it.
Keep your head down, work hard and financial freedom will follow!
I don't need to put 1.5 x speed on his videos..
Yes. He speaks very fast
The point you brought up about when the concept of retiring at 65 was manufactured. Its deeply ingrained in the minds of the average person to the point most can't fathom being free from a 9-5 job before then.
So true.
@heda kom 😂 alright
@@hedakom6980 privileged in what way ?
@@AkashLovesFights shes kinda right tho
@@marvin2678 super wealthy
Thank you for everything
You think you fooling anyone with this. Buddy, you gotta evolve.
This video is really loaded with deep knowledge on Financial stability ❤️
you dont watch the whole video yet.
These are great ideas....never thought that there are some types of retirement
Love you! ❤
Bro, i know hyper productivity now, which i follow and excel, but there is one thing i need to learn, : how to take meaningful breaks in life which leads to sustainable life.
Thumbs up if you agree
I’m just happy you are smiling in your old age
Your videos has motivated me to become an entreprenuar! I’m currently only 16 years old but your videos has helped me make plans for my adult life. 🔥🔥🔥 Your book review of The millionaire fastlane by Mj Demarco made me read those books and learn so much about business! Keep up the great work Ali! Your videos are the best!
Thank you!
This is the most valuable video I have ever watched on your channel! Well explained.
Thank you Ali, Angus, Elizabeth, Christian, Becky, Amber, Dan, Gordon, Jamie, Joe, Tommy, Tintin, Yana and Sam plus other employees, freelancers and/or interns behind the scenes! Raza :)
I’m 50 and my husband 54 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle in the stock market made it possible for us this early even till now we earn weekly. Thanks to FIRE movement.
Great job with your husband! I bet you’re living your best life right now.
I’m a young dad, I’m really glad to hear your story it inspires me. What’s FIRE movement please.?
How were you able to achieve that through FIRE. What were you investing in and and how did you go about it?
Despite watching videos on youtube to guide me through the FIRE process, I was not able to achieve so much
@@dr.raymond8 index funds, probably, that's what all successful financial gurus advice (even Warren Buffet )
I've been seeing this videos regarding Financial freedom similar to yours. Everyone of them has similar concepts either by follow the fire movement or do the things that you love. For most, especially here in youtube, it will be the latter. Earning money by creating contents. However, not everyone are as confident, narcistic or exhibitionist as everybody here in youtube.
Lookin swole my dude!
the best video about financial freedom, wish you more and more happiness
Idea of retiring early is always related to one’s financial freedom
I love the photo of your dad in the thumbnail! I know this is random, but you should interview him and do a video getting wisdom from him. If we as a younger generation get wisdom at our age...we'll be like rockstars!
*I WANT EVERYONE TO KNOW THIS*
Once you’ve set your goals, striving for success is vital. There may be setbacks along the way, Don’t wish it were easier. Wish you were better, Always bear in mind that your own resolution to success is more important than any other one thing.
I LOVE YOU. ❤️
This. Is. So. Slimy.
You just want subs
Thank you
Yes come to Brazil 🇧🇷 guys!
Thank you Ali
Idol ❤😊
In the Arts, you can afford to have mini-retirements unless the system is designed to make you work around the clock.
The Ali air quotes strikes again!
I want more videos like this ...
Hi Dr. Abdaal, Great video today! I've been outlining this very plan lately and you've help to fill in some of the gaps. Have an incredible weekend!
Did you use Matt Dvella video in between ? At 6:50
The 4% rule was calculated with 60% equity and 40% bonds
I pray that all of us have alot of savings to live our best life even in our old age🙏
Great video but sound has some issues!
Thank you for this highly inspiring video. You always bring me into this self reflection mode after I've finished watching one of your videos. 😊
So..one thought: do you have any input on how to support oneself to "find"/ realize one's own ideas? I seem to struggle with brainstorming. Otherwise I would say I'm a quite creative person but I seem to be stuck with coming up with ideas on that. I'm a licensed pharmacist and would like to get out of working at a retail pharmacy since I find it physically really draining. I would like to aim for some kind of remote work (not available in my country as a pharmacist). I'm an animal lover and like to promote a plant based lifestyle. Also love to travel and would be interested in getting more into tech skills and living abroad for certain amount of time. But no clue how to bring that all together. 🤔 Any hints on where to go from here are highly appreciated.💡
I retired at 38. I mostly achieved this by following Robert Kyosaki's Cash flow Quadrant and choosing to work overseas where all my expenses were covered by the business. "Its not about what you earn ..... its about what you spend".
and now you watch youtube videos on how to retire early…
How much you keep!
You already can say enjoying doctor retirement lives by enjoying new job without obligation of 9 to 5 work
Anyone know what watch band he uses for his Apple Watch?
excellent
CHECK OUT THOSE BICEPS! Coming in nicely, brother.
Loving this !
When will your book be ready?
Does anyone know where Ali’s T-shirt in this video is from
I just realize that I am grown, and I should worry about money and retirement 🤧
Hey, I've been Type 3 retired for 12 years now, sweet.
I like the claw hands haha
You beauty...found the slow down speed of youtube...in settings.
Vamos, vamos, Argentina! 🇦🇷🏆🎶🎵
Your biceps💪 👍
Paint this beautiful future