How We Retired Early With $2.2 Million To Travel The World

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  • Опубліковано 15 лип 2024
  • Dianne and Guillermo Rastelli retired at the ages 45 and 48 with $2.2 million and a plan to travel in search of their forever home. The Rastellis are members of the FIRE - or “Financially Independent, Retire Early” - movement. Dianne knew she had always wanted to retire before 50 and live in Colorado, but Guillermo, being Bolivian-American, told Dianne he was culturally raised with the idea that he should work as long and hard as he could to provide for his family. After a thoughtful presentation Dianne put together, Guillermo was convinced and even one-upped her idea and suggested they live in different countries around the world. Currently they live in Lisbon, Portugal and are vlogging to document their life and financial journey.
    Check out the couple on Instagram: / seeking_paradise_bugs
    Follow Dianne and Guillermo's UA-cam channel: / @seekingparadisebugs
    See what they're up to on Facebook: / seekingparadisebugs
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    How We Retired Early With $2.2 Million To Travel The World

КОМЕНТАРІ • 468

  • @dianesullivan5338
    @dianesullivan5338 11 днів тому +408

    I really need professional aid because my portfolio is down over (15%) just in the past month alone. It's been that way for the majority of 2023. Could you please suggest one?

    • @JosephineKenney
      @JosephineKenney 11 днів тому +3

      Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 11 днів тому +2

      It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.

    • @HildaBennet
      @HildaBennet 11 днів тому +2

      I really need professional aid because my portfolio is down over (15%) just in the past month alone. It's been that way for the majority of 2023. Could you please suggest one?

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 11 днів тому +2

      Her name is “Sonya Lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

    • @HildaBennet
      @HildaBennet 11 днів тому +1

      Thank you for sharing. After researching her online, I must say she has an impressive investing background. I plan to send her an email soon

  • @shanghaiffgg
    @shanghaiffgg 2 місяці тому +41

    I retired at 47 when everyone thought I was crazy. I had $2m saved and everyone told me how crazy I was. How bored I would be. Well, I am still married, we have travelled the world and my kids got through university. We are now worth €3m and I have loved every day. If you want to retire then do it. The race and stress free life is amazing. Don’t listen to those that are jealous and try to guilt trip you into still working

    • @explorerjlc1743
      @explorerjlc1743 2 місяці тому +2

      is that 2mill in liquid assets (i.e not including real estate?)

    • @shanghaiffgg
      @shanghaiffgg Місяць тому

      @@explorerjlc1743 yes

  • @melilifabulosa5505
    @melilifabulosa5505 Рік тому +22

    Remember that spammers target these sorts of videos- asking for advice and then "another helpful viewer" advises their own wonderful advisor by name...report those!

  • @demri123
    @demri123 Рік тому +35

    Nice to see these people willing to take risks. Moving abroad, investing in different things, doing different activities. Very cool

  • @joannabusinessaccount7293
    @joannabusinessaccount7293 Рік тому +87

    The greatest treasure these two have is each other, their son, and their health. Good for them!

  • @chrispaul3778
    @chrispaul3778 2 роки тому +130

    When you invest you're buying a day you don't have to work

    • @thomasdooley3702
      @thomasdooley3702 2 роки тому +6

      Assets that can make you rich
      Bitcoin
      Stocks
      Real estate

    • @christianajoe8563
      @christianajoe8563 2 роки тому

      Starting early is the best way to getting ahead of build wealth, investing remains the priority

    • @christopherhobb7702
      @christopherhobb7702 2 роки тому

      Investments are stepping stone to SUCCESS, Investing is what create wealth

    • @christopherhobb7702
      @christopherhobb7702 2 роки тому

      90% of millionaires right now are investors in the crypto market

    • @popsarah7805
      @popsarah7805 2 роки тому

      Wow, I'm surprised someone mentioned Mrs Catherine of UCLA Anderson financial institute

  • @kopper7509
    @kopper7509 Рік тому +13

    I know couples making over 250K combined who do not save. This couple really shows what can be achieved if you saved. And I am so happy for them that they were not just workaholics. They traveled and discovered what they enjoy when they’re not working.

    • @christiancalderon3821
      @christiancalderon3821 Місяць тому

      As they say, the more you make, the more you spend. Buy assets not liabilities

  • @janaynmelis5250
    @janaynmelis5250 2 роки тому +76

    This is literally what my husband and I want to do in our mid 40's. I love seeing an older couple talk about early retirement.

    • @candacedawn357
      @candacedawn357 2 роки тому +1

      Check out Stephanie Perry!

    • @wanderingdoc5075
      @wanderingdoc5075 Рік тому

      I'm 37 and early retiring now. Do you have a sister?

    • @dontbanmebrodontbanme5403
      @dontbanmebrodontbanme5403 5 місяців тому

      I wish I knew about FIRE 25 years ago. I program for a living and make good money. My wife makes even more than me. We make more than the couple in this video and while our retirement is set, we should a. have way more money (I made so many dumb financial decisions) and b. be able to retire earlier. I get so jealous when I hear about people retiring in their 30s and 40s. I then get angry when I realize my wife and I almost always make more money. I feel like every high school should have one money management class. How to invest. Where you should spend and where you shouldn't. Oh well, it is what it is.

  • @Raymondjohn2
    @Raymondjohn2 5 місяців тому +143

    Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.

    • @TheJackCain-84
      @TheJackCain-84 5 місяців тому +1

      True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.

    • @martingiavarini
      @martingiavarini 5 місяців тому +2

      Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect my funds and make profit from my portfolio this red season. I’ve made over $250k since then.

    • @bob.weaver72
      @bob.weaver72 5 місяців тому +1

      That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

    • @martingiavarini
      @martingiavarini 5 місяців тому +1

      When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.

    • @bob.weaver72
      @bob.weaver72 5 місяців тому +2

      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.

  • @katherynrice
    @katherynrice 4 місяці тому +204

    Honestly, The verge of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you weren't to blame for.it's especially difficult for people who are retired.

    • @SarahElizabeth-sg9xz
      @SarahElizabeth-sg9xz 4 місяці тому +1

      Is there anything like proof recession stock? I am 58 years and would like help in managing my retirement portfolio which is currently $1.25M...down from a high of $1.67M….

    • @Christine-vs7sq
      @Christine-vs7sq 4 місяці тому +1

      True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of $550k...that's like 7times more than I average on my own.

    • @Rebeccaanna-wc2wm
      @Rebeccaanna-wc2wm 4 місяці тому +1

      mind if i ask you to recommend this particular coach ?

    • @Christine-vs7sq
      @Christine-vs7sq 4 місяці тому +1

      I work with Sonya Lee Mitchell who is a licensed fiduciary. Just look up the name. All the information you need to work with a letter to set up an appointment is included.

    • @Kathleensusan-xv4lz
      @Kathleensusan-xv4lz 4 місяці тому +1

      Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @audrey5605
    @audrey5605 Рік тому +233

    With the current recession retiring at all seems like the craziest dream one could have. My portfoIio is steady going down a slop, I'd really appreciate tips on how to reach goals like this.

    • @lucaswilliams9992
      @lucaswilliams9992 Рік тому

      .Don’t fret, if you would rather have an easy plan that you can execute without having to constantly worry about changes in legislation or the economy or financiaI products, then you might consider hiring a financiaI advisorr.

    • @beltran3353
      @beltran3353 Рік тому +1

      @David cho Please can you leave the info of your lnvestment advisor here? I’m in dire need for one.

    • @melilifabulosa5505
      @melilifabulosa5505 Рік тому +2

      A spam entry was here. Always recognise specific "advisors" as spam.

    • @NHJDT
      @NHJDT Рік тому

      Look into commodities as we are ready to enter a super cycle. Gold silver platinum uranium etc

  • @almahammond6405
    @almahammond6405 Рік тому +1

    Hi guys! Absolutely agree to keeping a budget! It's vital to meeting your goals. Best of luck on your journey to finding that place, and maybe that place is many places. After 3 years in our journey of doing what you are doing (essentially), we are realizing there may be many places we want to live, at different times of the year. Although I'm having yearnings of owning my own place and not being beholden to landlords and their sometimes unusual demands. In Europe this is possible as so many cultures and experiences lie so close to each other. A 100 dollar plane ride or 1 hour car ride close. Best of luck! xx

  • @Mia_044
    @Mia_044 2 роки тому +3

    Good for you guys!

  • @SeekingParadiseBugs
    @SeekingParadiseBugs 2 роки тому +55

    Woo hoo! Wonderful video CNBC Make It! we had a blast talking and hanging out with you and the crew. We are so happy to inspire others to pursue their dreams!

    • @dcorman2350
      @dcorman2350 2 роки тому +1

      You look great !
      I follow your blog, my wife sent me this link. Nicely done.
      Hope to see you in Lisboa one day… we’re still unsure about where to go so still exploring on our side. Lisboa is top of the list so far…

    • @babybbbb
      @babybbbb 2 роки тому +1

      Very cool! I aspire to what you guys are doing!

    • @SeekingParadiseBugs
      @SeekingParadiseBugs 2 роки тому

      @@dcorman2350 we're loving Lisboa! You should definitely visit.

    • @SeekingParadiseBugs
      @SeekingParadiseBugs 2 роки тому +1

      @@babybbbb you can do it!! ☺️

    • @babybbbb
      @babybbbb 2 роки тому

      @@SeekingParadiseBugs thank you so much for the positivity!!!

  • @JustineMfulama
    @JustineMfulama 2 роки тому +71

    Love it! First couple to make early retirement look like fun and not boring. Well done!

    • @ronnie499
      @ronnie499 2 роки тому

      There’s a black family on here that’s done the same but idk the name

  • @sa34w
    @sa34w 2 роки тому +6

    They are very fortunate to have what they have. Lucky people who actually did very well in managing their luck and turn it into a stable income.

  • @anabettencourt6943
    @anabettencourt6943 2 роки тому +2

    Absolutely loved this! And have already subscribed to their channel 💛💜

  • @countessstevens63
    @countessstevens63 2 роки тому +98

    THIS. IS. LIVING. Not slaving at a job everyday to pay bills just to continue to be broke.

  • @christieomojo
    @christieomojo 2 роки тому +4

    They have done so well

  • @AustinMBecker
    @AustinMBecker 2 роки тому +48

    Combined couple income of almost 300k - that's the part a lot of working people will struggle with. At that income, depending on how frugal you are with expenses and where you decide to live - of course retiring early will be dramatically easier. 60% to 70% of Americans earn less than 60,000 a year. I'm not saying this can't be done, and it's awesome that people like these two have been able to retire early - but keep in mind that most people in America are not all living the same reality and have the same options.

    • @keithwisdom1663
      @keithwisdom1663 2 роки тому +6

      That's why it's important as single person not to have kids and not get married to focus on investing and saving and multiple income streams
      With internet you can make it if you focus. Even if you have to live in a car for a few yrs you can make it
      Most people are not going to do it

    • @robocop581
      @robocop581 Рік тому +3

      @@keithwisdom1663 I have three kids. They were never a financial issue

    • @KeeptheChange41
      @KeeptheChange41 Рік тому

      ABSOLUTELY!!!!!

    • @keithwisdom1663
      @keithwisdom1663 Рік тому +1

      @@robocop581 because you have resources to provide were you are and kids are happy
      It only applies to those who don't
      But it's not exact science
      Ben Carson mom struggled with finance but look at outcome. Life is not exact science
      Many get people come from humble beginnings
      Ideals are just that
      Glad you did it your way

    • @A.bormcax
      @A.bormcax Рік тому

      @@keithwisdom1663 actually splitting expenses with someone else helps a lot

  • @ivettejimenez434
    @ivettejimenez434 Рік тому +57

    Awesome! your potential seems limitless. I'm fascinated with investing but being a single mother and juggling all these things are quite difficult. How best can I start and what sector to engage in?

    • @ivettejimenez434
      @ivettejimenez434 Рік тому

      @Bryan wow! do you think you can give me some advice on how to invest in a healthy way as you are doing? Please

    • @ivettejimenez434
      @ivettejimenez434 Рік тому

      @Bryan Thanks dear, I'll most definitely ensure to do that.

    • @Benjaminmac
      @Benjaminmac Рік тому

      Don’t wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 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

    • @patsnew8422
      @patsnew8422 Рік тому

      Am not good doing it alone but getting into the market has been my best decision so far in my road to financial independence as it turns out to be lucrative for me and Personally I have multiple streams so I just enable the use of an investment advisor to navigate and secure the returns

    • @christopher8633
      @christopher8633 Рік тому

      Woah, Though this is the first time i would be reading comments about my financial advisor Ms. Melisa on UA-cam comments and it is quite a memorable insight.

  • @michaelmerenda8646
    @michaelmerenda8646 Рік тому

    amazing, love this perspective

  • @danielamaria1527
    @danielamaria1527 Рік тому

    Beautiful couple!!!!!!congratulations to both of them ❤

  • @BarbellFinancial
    @BarbellFinancial 2 роки тому +7

    Planning to do something very similar!

  • @vernongomes
    @vernongomes 2 роки тому +9

    90% of these comments are spam. Ugh!

  • @lizdiaz7552
    @lizdiaz7552 2 роки тому +4

    GOALS! thank you so much for sharing. Truly inspirational

  • @TheLindaBum
    @TheLindaBum 2 роки тому

    So inspiring!

  • @m_waaka
    @m_waaka 2 роки тому +8

    Great video! We are newly nomadic retirees heading to Portugal in a couple of years. I hope to see you there!

    • @SeekingParadiseBugs
      @SeekingParadiseBugs 2 роки тому +1

      We have a vlog series on our UA-cam channel about our move to Portugal that you might find useful. ☺️ Would love to meet up when you are here.

  • @wildehorse2803
    @wildehorse2803 Місяць тому

    I love this! What an amazing couple with goals that align. They’re so compatible! I hope I find someone I can align with in this way soon! ❤

  • @FIRE_DrNinjaTurtle
    @FIRE_DrNinjaTurtle 2 роки тому +5

    This was a good one. More my age

  • @jameschaves5723
    @jameschaves5723 6 місяців тому +2

    I actually lived abroad for 8 months. Saw and experienced many beautiful things. Their came a time where I missed my family so much it wasn’t worth it any longer. They have each other and that’s ultimately the key. I’m willing to bet things change with grandkids.

    • @farzana6676
      @farzana6676 5 місяців тому

      No country like America 🇺🇸🦅

  • @ingvar1996
    @ingvar1996 2 роки тому

    Inspiring!

  • @OMGs-Life
    @OMGs-Life 2 місяці тому

    wonderful couple and I wish them all the best :)

  • @polreast
    @polreast Рік тому +39

    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 James Fletcher Brennan, 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!

    • @billcresta
      @billcresta Рік тому

      You’re really killing the FIRE game. I wish to have this someday

    • @harleycartley3138
      @harleycartley3138 Рік тому

      Okay please is there a way I could reach out to this consultant? There's certain goals I have for myself before clocking 40.

    • @ericwilde4583
      @ericwilde4583 Рік тому

      As a salary earner i think i need this, even if i dont retire early the multiple income stream would still be useful for paying off my mortgage, just looked up your advisor, will def work with him if you don't mind

    • @polreast
      @polreast Рік тому

      @@harleycartley3138 you can reach him through his web by searching him online

    • @polreast
      @polreast Рік тому

      @@ericwilde4583 👍

  • @sonderevokingbuns
    @sonderevokingbuns 2 роки тому +7

    Who the heck is saying that you need 6 million to retire?! It's closer to 1.5 per person to generate enough passive wealth to live comfortably!

  • @koranwatson8996
    @koranwatson8996 2 роки тому +1

    Amazing

  • @laina-brown
    @laina-brown 2 роки тому +11

    I wonder if they have met the Our Rich Journey people. They may have even retired to the same city.

    • @GuRastelli1973
      @GuRastelli1973 2 роки тому +2

      We have not met them yet, they live in the silver coast. We do follow them on youtube tho :)

  • @dc1674
    @dc1674 Рік тому +6

    I'm 46, also have about 2m, and no debt. I'm still concerned about outliving the money because Im super healthy and will probably live to 90. I still have 2 businesses and plan to keep them going as long as possible.

    • @nihilistarchitect
      @nihilistarchitect Рік тому +2

      I would retire with 500K heheh and I am 47. I would buy some rentals and a one bedroom for me. Then I would get on a bike and ride away. There are all sorts of ways to retire with 2m, it just depends on your lifestyle.

    • @russelltakemoto230
      @russelltakemoto230 Рік тому +1

      I'm with you. I retired at 53 and now 55. No debt, home paid for, car paid for, insurance paid for, pulling a monthly pension and about 1mil in the bank. I worry everyday (a little).

    • @scholaroftheworldalternatehist
      @scholaroftheworldalternatehist Рік тому +1

      I guarantee you won't live as long as you think. Everyone is living "super long" until they get hit with health problems out of the blue

    • @brettpower6508
      @brettpower6508 3 місяці тому

      What a stupid comment I'm healthy il live to 90 🤦

  • @sydney2m
    @sydney2m Рік тому +1

    Wow! That's incredible life both of you. I dream move to england, so i can watch premier league every weeks.

  • @viselchakforyou
    @viselchakforyou Рік тому +1

    congratulations! Well done!. What vanguard funds do you recommend?

  • @Bobowallie
    @Bobowallie 2 роки тому +1

    this is the best

  • @rebeccagutierrez1960
    @rebeccagutierrez1960 2 роки тому +3

    Good for you, guys!!! I don't know where people get the idea that you need millions of dollars to retire to be comfortable. That is so not true.

  • @NathalieLazo
    @NathalieLazo 2 роки тому +49

    “Don’t wish it was easier, wish you were better. Don’t wish for less problems, wish for more skills. Don’t wish for less challenge, wish for more wisdom.” - Jim Rohn ✨

    • @kayo5011
      @kayo5011 2 роки тому +1

      Wtf does this mean Nathalie Lazo

    • @alexmendoza9270
      @alexmendoza9270 2 роки тому

      It means open your eyes and leave the American dream If you are eating dollar meals at McDonald’s. Move to a third world country and experience the secret with your own nose, eyes and hands.

    • @nihilistarchitect
      @nihilistarchitect Рік тому

      That’s inspiring. Thanks for sharing

    • @sydney2m
      @sydney2m Рік тому

      Action is mother of theory

  • @animoore5122
    @animoore5122 2 роки тому +4

    Go to Bulgaria!
    If I could retire tomorrow I would move back :)

  • @nikodemreid2128
    @nikodemreid2128 2 роки тому +104

    Don’t wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals,

    • @philipvincent3342
      @philipvincent3342 2 роки тому +1

      You can start TODAY regardless of your age INVEST and change your future! Investing in the financial market is a grand choice I made.

    • @jorjabertie3466
      @jorjabertie3466 2 роки тому +1

      I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in.I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.?

    • @younglee-segredo831
      @younglee-segredo831 2 роки тому +2

      Long-term investors like '"Catherine Ann Setraycic"' do not worry about short-term performance that's why I follow her trades, which made me get a profit of $16,300 from $1,740. Whilst there will be crashes and opportunities to buy the overall trend is a positive one!>

    • @legilooks
      @legilooks 2 роки тому +1

      @@younglee-segredo831 how can this lady be reached? i need someone to guide me properly.

    • @younglee-segredo831
      @younglee-segredo831 2 роки тому +2

      @@legilooks Research the online network for more details about her if you wish to contact her.

  • @jvdb5509
    @jvdb5509 2 роки тому

    At this rate his 2.2 million just became 1.5 million. 1.1 million still gets you quite far. Hope he's able to enjoy his 240k.

  • @NHJDT
    @NHJDT Рік тому +9

    I'm 47 have $1.5M and 0 debt. Fire wasn't a term I was aware of 22 years ago but my husband and I decided to be able to live off 1 income and save the other. We couldn't do that for awhile when we had 3 kids but stuck to it as much as possible. I've retired "for now" but my husband still works but understand he can quit if he feels like it. We feel so much at ease even with the high inflation. We enjoy life by living a nomadic lifestyle travelling the US and pretty soon we will be traveling international. All these things we thought we would do in our 60s we have been doing for the last 2 years.

  • @dontbanmebrodontbanme5403
    @dontbanmebrodontbanme5403 5 місяців тому

    6:43 - I have been there before! If you go a little further up, there's a steakhouse. I forgot the name of it, but it's supposed to be one of the best in Portugal!

  • @kalinavu
    @kalinavu 2 роки тому +18

    I understand the concept of financial freedom, but for many couples and families, it comes at a cost of having to move to a cheaper, foreign country and saying goodbye to their close family and friends and support network back in America. I don’t think I could do it. But props to the people that can.

    • @glorias.2930
      @glorias.2930 2 роки тому +3

      Exactly. Can't imagine leaving parents and other family members.

    • @ernanio
      @ernanio 2 роки тому +4

      I think it's telling you that to have financial freedom sometimes you need to move somewhere else. A place with universal healthcare, no gun violence, and an affordable cost of living. I'm sure you could visit your family from time to time and they will appreciate the opportunity to visit you and discover a new country in the process.

    • @luispinheirodosmontes7219
      @luispinheirodosmontes7219 Рік тому +3

      There's a lot of people out there who lost their parents already and when that happens it's much easier to move away. Friends can always visit and about the rest of the family the truth is a lot of people are actually happy to be far away 😅

    • @Nicolee7764
      @Nicolee7764 Рік тому

      @Kalina Vu- Very true, even just going on vacation, eventually makes me feel ready to comeback. Some folks are very comfortable with traveling around the world. It's definitely not for everyone.

    • @xmaniac99
      @xmaniac99 2 місяці тому

      Friends don’t exist and family is just random sperm you where born into.

  • @FugaConManolo
    @FugaConManolo 2 місяці тому +1

    I’m married and I have traveled solo to a couple of countries. My wife won’t travel unless we take our daughter she is 6. This October we are planning to go to Barcelona and Paris. I don’t think my wife would ever leave my daughter alone for her to go enjoy traveling with me. That is just nuts.

  • @rajib_tripura
    @rajib_tripura 2 роки тому +1

    I Love Traveling

  • @eyeswideopen7777
    @eyeswideopen7777 2 роки тому +2

    I'm happy for them 😅

  • @moyadenewynter-allen9724
    @moyadenewynter-allen9724 2 роки тому +21

    wow, this is beautiful. This is what freedom looks like!

    • @tyrellcobb4665
      @tyrellcobb4665 2 роки тому +2

      No this is what boredom looks like

    • @d7k33
      @d7k33 2 роки тому

      if you want to move away from your son and family and live in ?Portugal? , then yes ...

    • @ClaxtonBay123
      @ClaxtonBay123 2 роки тому

      @@tyrellcobb4665 Jealousy

    • @moyadenewynter-allen9724
      @moyadenewynter-allen9724 2 роки тому +3

      @@tyrellcobb4665 The fact that they retired early with such wealth and ability to freely utilize their time and energy in any way they wish, is the definition of freedom, not boredom!

  • @ucanon2662
    @ucanon2662 Рік тому +3

    I score this video about 5.7 out of 10 because there was no mention of how medical needs are paid and how much and no mention about if they can buy investment property in those countries and no mention of how they were able to legally live in those countries longterm.

  • @FinancialFreedomLifestyle
    @FinancialFreedomLifestyle 2 роки тому +32

    Very well done!! I was able to reach FIRE at 28. Next goal is to live abroad. Portugal is on the list

    • @nannynadia
      @nannynadia 2 роки тому +1

      Wow lucky! I am about to graduate uni, what career did you have to achieve this?

    • @Hedgeflexlfz
      @Hedgeflexlfz 2 роки тому +4

      bs

    • @FinancialFreedomLifestyle
      @FinancialFreedomLifestyle 2 роки тому +2

      @@Hedgeflexlfz I have a youtube channel documenting my journey

    • @FinancialFreedomLifestyle
      @FinancialFreedomLifestyle 2 роки тому +2

      @@nannynadia i have a 3 year college diploma in International business here in Canada. I worked for that college on contract and worked as a sales rep at a telecommunication place as well

    • @nannynadia
      @nannynadia 2 роки тому +5

      okay so im assuming you made all your money from some lucky crytpo investments and boosting shiba inu through youtube. You totally got my hopes up dude lol. working for 5 years isn't going to let anyone retire early unless their third job is boosting crypto constantly with no dignity left at the end of it

  • @coreyjordan2745
    @coreyjordan2745 Рік тому

    Good job,

  • @andrenoble1991
    @andrenoble1991 Рік тому

    Good job

  • @rosiekrupp
    @rosiekrupp 2 роки тому

    So good to be true ☺️

  • @yanieblack7754
    @yanieblack7754 Рік тому

    They are living my dream life

  • @ianchan5554
    @ianchan5554 2 роки тому +3

    Great story. Wondering about health insurance and health care overseas as Americans

    • @GuRastelli1973
      @GuRastelli1973 2 роки тому +2

      Healthcare on both places we've lived (Mexico and Portugal) have been superb. In Mexico, doctors were trained in the U.S. and many spoke English fluently. Hospitals and medical equipment were excellent with well trained staff. Doctors (not the assistants) spent a entire hour or more with us evaluating our cases. In Portugal, is very similar and also inexpensive. Although we use Allianz as our medical insurance, we usually pay out of pocket for simple appointments or prescriptions.

  • @kashkat987
    @kashkat987 7 місяців тому +142

    A career which gives you a little bit of time and work-life balance costs you financial independence because it'll be low paying. Tough choices to make. Keep in mind, investing provides a jumpstart to financial freedom. At 34, I already have a $6m portfolio.

    • @Curbalnk
      @Curbalnk 7 місяців тому

      Everyone needs to hear this, you need to create your own process, manage risk and stick to the plan, thick or thin, while continually learning from mistakes and improving

    • @velayuthman
      @velayuthman 7 місяців тому +2

      Money advice is subjective, what works for you may not work for someone else, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments.

    • @greekbarrios
      @greekbarrios 7 місяців тому +1

      @@velayuthman bravo! i'm 46, inherited money from a childless relative and traveled overseas, got married to a lady almost my age, but the only issue is how to preserve and grow my wealth in this shaky economy, can your advisor be of help please?

    • @velayuthman
      @velayuthman 5 місяців тому +4

      Of course.....I work with "Heather Ann Christensen as my licensed advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.

    • @Shultz4334
      @Shultz4334 5 місяців тому

      insightful comments, very much appreciated.. just came across the consulting page of Heather Ann Christensen after inputting her full name on the web, super impressed with what i've seen so far

  • @nihilistarchitect
    @nihilistarchitect 2 роки тому +19

    Unfortunately for a vast majority of Portuguese people, 3500 USD a month expenses is impossible. I can also understand why they are renting in Lisbon, because their 150 thousand USD property In the US allows them to buy only the crappiest and smallest of apartments in Lisbon. That being said, they did the right thing. So many people in richer countries already have enough money to retire and don’t even realize that. Others realize that they will never retire… Portugal is one of those countries that in general doesn’t give the chance to save much money, as wages are too low and cost of living for Portuguese becomes high. Minimum wage is around 700 euros in 2022, that is before taxes. So there you have it….

    • @luispinheirodosmontes7219
      @luispinheirodosmontes7219 Рік тому +2

      As a portuguese I "had" to move out of Portugal to live in the Netherlands almost 20 yrs ago in order to have some financial room to breathe because in Portugal I was suffocating...In PT if you earn less than 1000 euros per month you probably live from pay check to pay check and by the last week of each month you may have to make decisions about how to spend the little money you have left...if there's any. But having said that it's nice to see people from all over the world enjoying the country and moving there. I'll do that when I retire...aged 65 or maybe even 67...😅

  • @oscarmora4919
    @oscarmora4919 Місяць тому

    Very nice!

  • @hannanordstrom6
    @hannanordstrom6 2 роки тому +3

    i live for these !!!

  • @whitneybrown4067
    @whitneybrown4067 2 роки тому

    This is Gonna B so Good🔥🔥🔥👍….

  • @selgierodriguez954
    @selgierodriguez954 2 роки тому +14

    My life totally changed since I started with, $ 1,245 and now I make $ 5,640 every 11 days of trading .

    • @smartkenneth9175
      @smartkenneth9175 2 роки тому

      I'm new to investing , how do I do it?

    • @asherravi8903
      @asherravi8903 2 роки тому

      I have heard a lot about investment with Mrs Jessica M Cassetty, and how good she is , please how safe are the profits?

    • @olgapatricia5962
      @olgapatricia5962 2 роки тому

      I have really heard lot about Mrs Jessica, please can I have her info?

    • @julypurple
      @julypurple 2 роки тому

      you can easily reach Mrs Jessica Cassetty over telegam Messager, I'll leave her Username below this comment 👇👇

    • @julypurple
      @julypurple 2 роки тому

      @JessicaCassetty

  • @brianasingleton3329
    @brianasingleton3329 11 місяців тому +1

    If only I could find someone who wants to live this kind of life

    • @G-DonFrank
      @G-DonFrank 3 місяці тому

      Depends on the kind of life you're referring to, I might want to live your lifestyle with you and grow large with you.

  • @shantanushekharsjunerft9783
    @shantanushekharsjunerft9783 4 місяці тому +1

    I got lucky at 26 when I overheard two coworkers discussing Dave Ramsey’s book “Total Money Makeover”. I should have saved a lot more but still have a decent retirement account

  • @leafgreen2840
    @leafgreen2840 2 роки тому

    Beautiful 😍
    Live to work and don't work to live !
    Build your strategy in line with your goal/s

  • @eprohoda
    @eprohoda 2 роки тому

    super !alk you later! 😉

  • @MyLatinLife
    @MyLatinLife 2 місяці тому

    Epic

  • @fergiemascha1685
    @fergiemascha1685 2 роки тому +3

    I cannot understand how two people need 3.700€ per month. That is not a very frugal lifestyle. They could spend a lot less and live a good life too.

  • @fnamelname7296
    @fnamelname7296 2 роки тому +4

    We are around $6M networth in our late 40s. We wish to do the same but our younger son just went to high school. We will be waiting till he graduates HS and then take off. We hope to get to $10M by then… We really want to have “Fat FIRE” instead of the “lean FIRE” that everyone aspires for. I think we will get there comfortably.
    Our investments are spread across every asset class Real Estate, stocks, crypto, gold etc…

    • @teenytinytoons
      @teenytinytoons 2 роки тому

      In what kind of work are you able to save that much? Big law?

    • @ariefraiser140
      @ariefraiser140 Рік тому

      $6 million is not fatfire??

    • @fnamelname7296
      @fnamelname7296 Рік тому

      @@ariefraiser140 “Extra fat fire” maybe 😝. We live SF Bay Area so we need that extra cushion just in case. And no, we do not want to move to Idaho or Texas or some other unfamiliar place. I worked too hard so that I shouldn’t have to move in retirement!

    • @fnamelname7296
      @fnamelname7296 Рік тому

      @Nemusis 999 then there is that! I worked in IT… had a small tech company that I sold the 2000s… Bought a few properties across SF Bay Area that are rented out!

    • @ariefraiser140
      @ariefraiser140 Рік тому

      @@fnamelname7296 I guess...But once you've paid off your house San Francisco is not that far out of whack with any major city as far as costs go.

  • @_checkit
    @_checkit Рік тому

    I hope they got at least 100k to reveal all their life details...

  • @danzodamanzo8192
    @danzodamanzo8192 Рік тому +2

    I'm 37 with $2.2 in liquid capital AND I did it while having two kids. Big deal.

  • @wordsbykat94
    @wordsbykat94 2 роки тому +21

    What an aspiring couple! I want to move to Portugal too!

  • @davideguerra743
    @davideguerra743 2 роки тому +80

    Early saving and investing money creates compounds growth, it's a beautiful thing.But it takes focus and discipline. You need to be focused enough to commit to a plan and a process.Retried with a 7 figure portfolio and receiving about $243k in dividends. I have been in the stock market about 20 years. Am I worried? Am I selling? Absolutely not. I have purchase 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 with my FA actually calms me down. Eye on the prize, stay the course!

    • @davideguerra743
      @davideguerra743 2 роки тому

      My Financial advisor is “ Donna Jean Boyette“. She is a professional financial/Investment advisor. you can search her up on the internet where you can get necessary info about her and as well to connect with her.

    • @BigTroubleD
      @BigTroubleD 2 роки тому +1

      243K in dividends you will be fine anywhere lol

    • @juanfernandoanzures9089
      @juanfernandoanzures9089 2 роки тому +1

      @@davideguerra743 i make 4,000,000 with my FA in dividends with only 1,000,000 in capital.

    • @JBoogie1977
      @JBoogie1977 2 роки тому +2

      @@juanfernandoanzures9089 sure you do.

  • @KK-pm7ud
    @KK-pm7ud Рік тому

    Of course they have a UA-cam channel

  • @mr.financial
    @mr.financial 2 роки тому +12

    For all those Canadians out there, don't miss out on the amazing power of tax free dividend income within many provinces and territories. In BC we can have $110k of income in eligible dividends and live well tax FREE. I would love to know if anyone knows how to keep that income coming while abroad? From what I know, taxes are very high as a none resident of Canada

    • @JadenHercules
      @JadenHercules 2 роки тому

      Canadian here! Thank you. I am looking for stocks that I should perhaps invest in, but mainly ones that offer dividends. Any ideas?

  • @Italianhome
    @Italianhome 2 роки тому +1

    Try Viterbo, Italy

  • @pallavivj
    @pallavivj Рік тому +4

    Somehow all the FIRE guys have some youtube channel on telling people how to retire early. I haven't seen a story where guys just retire and not making money from their story on how they wonderfully retire and getting clicks out of it.

    • @mmd2035
      @mmd2035 5 місяців тому

      We exist.

  • @russelltakemoto230
    @russelltakemoto230 Рік тому +1

    Portugal is popular for retirement.

  • @user-re3en9su7z
    @user-re3en9su7z 2 роки тому

    I have so many questions.

  • @i.dragons
    @i.dragons Рік тому

    Come to India. You will love it here!

  • @MistahFen
    @MistahFen 2 місяці тому +1

    Over halfway through the video and they mention they have 3 rental properties too. Wtf, that was all you needed to say to convey the fact that you’re living comfortable in Portugal 😆

  • @jasonjosephlee
    @jasonjosephlee Місяць тому

    Best thing we can all do is grow our rental portfolio and live off of our residual income. Doing this can retire us at a young age and help us have more time doing what we love.

  • @maidieuhanh
    @maidieuhanh 2 роки тому +1

    Great video! Smart savvy couple

  • @mrbdrm2
    @mrbdrm2 2 роки тому +1

    so they still work. but not for someone else

  • @carlterry9686
    @carlterry9686 2 роки тому +13

    It's my third month being retired now. And life hasn't been so difficult as I thought basically because I put my head down and made ways for other source of Income. I'm a huge fan of earning more money, and I think everyone should have a side hustle. Side hustling can allow you to earn that little bit of extra money that can help you achieve your financial goals faster - whether it's paying off student loans or saving for retirement.

    • @justingregory2965
      @justingregory2965 2 роки тому +2

      Investing for our future shouldn't stop because market sucks, This phase is where the future millionaires DCA into the dips on assets; stocks , index funds, real estate especially!

    • @brownkelly2033
      @brownkelly2033 2 роки тому

      I've been considering buying ETFs/SCHD stocks for retirement, I have set asides $100k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing, please I could really use some guideline

    • @carlterry9686
      @carlterry9686 2 роки тому

      @@brownkelly2033 You can buy dividend ETFs if you don't want to get into individual stocks. My favorite is SCHD. you can use a coach as well.

    • @brownkelly2033
      @brownkelly2033 2 роки тому

      @@carlterry9686 How can I get a reliable coach considering the nature of the market?

    • @carlterry9686
      @carlterry9686 2 роки тому +1

      @@brownkelly2033 personally I use Karen Marie Emma, she has strategies designed for both long and short term investments, retirement planning. Lookup the name and reach out to_her.^^

  • @whitneybrown4067
    @whitneybrown4067 2 роки тому +1

    🔥🔥🔥👍….

  • @happylife7542
    @happylife7542 2 роки тому +9

    Goals. 40 now. 7 more years for me and hubby too. Though not sure if we will RE. With 2 minor boys still by then. Prob just work and travel on PTO. Good thing we don’t hate who and what we do. Not saying they did. But the benefits we have are just amazing lol

  • @swicheroo1
    @swicheroo1 2 роки тому +20

    Good for them! It's so important to diversify your portfolio. I knew somebody who was entirely in crypto...and lost everything. I kept telling them, they needed to purchase a home--even a cheapy. But their attitude was, if I can't get a home on the beach, I'll just keep doing crypto until I can buy one with cold hard cash. This destroyed their retirement.

    • @rosiekrupp
      @rosiekrupp 2 роки тому

      All cryptocurrency are biggest scam in history

    • @justmeagain7
      @justmeagain7 Рік тому +1

      Wow. Tragic

  • @frankellis9627
    @frankellis9627 2 роки тому +2

    You guys are living the dream FIRE 😎

  • @Alexander5400sonne
    @Alexander5400sonne Рік тому

    7:30 I missed „visiting friends“

  • @chulangaaverilhettiarachch3267
    @chulangaaverilhettiarachch3267 11 місяців тому +1

    To the person reading this: Even though I don’t know you, I wish you the best of what life has to offer ❤

  • @joaojesus8861
    @joaojesus8861 2 роки тому +2

    Im from Portugal and work in the UK. These videos really make me wonder why I’m grinding in the UK so hard hahah

  • @sbkpilot1
    @sbkpilot1 2 роки тому +1

    With 2.2M you can retire anywhere anytime

  • @SamihDaifalla
    @SamihDaifalla 4 місяці тому

    What is the plan

  • @robosetm2734
    @robosetm2734 2 роки тому

    hello are you available for adverts if yes kindly reply so we can discuss details

  • @tinker2217
    @tinker2217 9 місяців тому

    Good for them. They made good money but didn't go crazy buying things they didn't need.