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Amen Amon! I am not a multi millionaire. But I am retired after being a business owner for 20+ yrs. I purchased a “retirement home” in Florida, but …….. I am now happily living in Portugal. Left the stress of health care, safely, and “stuff” back in the US. Feeling safe, healthy, and stress free 🇵🇹💕
Preach Amon! My husband and I have been saving all our lives, both to educate our sons and for retirement. We should have retired 5 years ago but we continue to work out of sheer fear for all of the reasons you named. None of our sons, well into their thirties, owns a home. Wisely, our youngest left the country right after college and has been able to live comfortably and safely on an income that would have been impossible here.
Originally from California, I bought a beautiful farm in Portugal over a year ago. I am in much better shape and love the people. No crime, no stress, great neighbors.
I just can say you are 100% right. I'm German and my husband is American. I lived in the US for 25 years. We had a very good life, big house, nice car, good healt insurance, but as you said all that worth nothing because you have to worry about all the crime it's going on around you. Shooting, killing, robbing, stealing, etc. Even you have a security alarm and cameras all around the house you are not safe in your own house. So we decided to move to Portugal. Now we live here since June 2023, and all i can say, it was the right decision. We feel safe over here and our whole attitude changes completely. We became more relaxed, and enjoy life to the fullest. We don't have to worry about all the crime that we had before. Over here people are friendly and helpful, and almost no crime. People over here are mature enough to know what and what not to do. I'm telling you it's a totally different life over here, plus cost and living is inexpensive, and you don't hear people talk about politic all day long. No, we don't regret that we left the US.
Amen to that! Happy that you made the decision! It inspires us who are still in the US. Do you feel this peace & safety still exists even in the larger cities of Portugal? My wife is retiring by 2025, so no NHR, no Golden Visa… hopefully D7 will still exist… we will still have our house in the US. as retirement income but will be taxed very heavily in PT without NHR…
I think your video reveals what most of us have said for years. America’s biggest export is HYPE! For example, How can the “riches country in the world” not afford Universal Healthcare. Healthcare is the number one reason why people have a job and stay at that job regardless of the stress it puts on them. Which we forget that stress is the leading cause of health related issues! Just my opinion. 🤷🏿♂️
Yeah but here is the thing America and the opportunity it offers is 10X better then most of these 3rd world countries people come from. Also no one said that people comming from those countries should stay in america they should work make money and take it back to there country where it goes 10X for instance one year of work in the states if you take home 20-40k take home pay this after 2 years can get you a home in one of these countries but it would take a citizen of that country 10-20 years to do the same . Also not just for different nationalities but Americans can always work 6 months in the states and do 6 months off . But 100% agree isnt it something that they make the healthcare tied to working and if you stop there goes your health insurance which if you have to pay for out of pocket is crazy expensive so you need to keep a job part time even if you want to do that 6 months oversease it would just need to be online .
don't forget the ridiculous health care cost. Not knowing the cost before going to see the doctor until you get the bill is insane. It's like ordering and eating at a restaurant and not knowing the price until you get he bill.
Whats our dream vs what "their" dream for us is different . Theu want us in debt and slavery forever. We want freedom . Time and money. Proper healthcare. Proper food. rest. For the goal post to stop moving so fast and dramatically. 😢
Meanwhile in the time it took to watch this 16 minutes video there were 4 mass shootings in America , 3 of which statistically speaking were carried out by a White man that most identifies as a Republican …..
An American here still living in America, and it's depressing. Watching housing become so out of control here, while the government does nothing. Seeing kids talk about "why bother" going to college when all it's going to guarantee is massive debt they are going to have to pay off. Seeing the healthcare here get worse and worse every day. I pay hundreds a month for private insurance I get through my job and now half my doctors are refusing to accept my insurance because the insurance companies are making all kinds of excuses to not pay. I had Covid in May and had to be hospitalized for 5 days and I'm still paying off the bills and that's with an expensive insurance I pay over $400 a month for. It's ridiculous! The violence here, the insanity where you can't talk to someone without hearing them say some incredibly hateful or ignorant thing (granted I live in Florida, not saying the whole country is like that).
I agree w mostly everything Amon says, however, let’s not forget where he made most of his money - In the U.S., then he left and made more money. Also, most of his money: Roth, 401K, HSA, Brokerage acct. still held in U.S accounts. The U.S. stock overall still out performs European, Asians, + emerging markets. His 1st talking point, about hard work is half and half, but u can’t work hard only, u have to work smart. Ppl are not leveraging their jobs benefit properly when they have them, like he did. 1/3 of Americans have no retirement or savings, many still don’t do 401k match, or HSA. I believe 68% of US GDP, comprise of personal consumption. 51% of Americans making $100K yrly living paycheck to paycheck. Let’s not 4get other factors that influences ppl: social media flexing, conspicuous consumption, eating out, and buying newer cars can’t afford. The American dream is hard, but still possible, I believe it, because w/o a possible mindset, nothing is possible.
I had to leave Europe for america just to make a decent wage. I was also taxed over 30 percent on a meager salary and had to pay exhorbitant city taxes. While I agree with you on the peace aspect, I think actually very difficult to make it in europe. Probably better to make money in the US then retire in europe like you did!
Hi did you live in France? I was thinking about moving to Europe but Worried if I would regret it. The hack is to get a US remote Job and live in Europe.
Great video! I left the USA and returned home to Jamaica 2 years ago. One of the best decisions I have ever made. Why are you still calling it the "American Dream" if it can't be achieved in the USA? We need a new name for this. I agree with you. Peace of mind is essential! 💯
Well, I don’t know what to say. I came here as a little kid with my parents from Russia after the soviet union collapse. I think we achieved our American dream and we are very proud of America! America is not perfect, but is still the magnet for immigrants all over the world. We will never leave.
That's it. The US is better for those who don't have a "generation al" connection to it (i.e., first or second generation vs. one whose ancestry has been in the US since 1600+ or even earlier). Most first generation (new) citizens come from basically nothing. So, making $10 or $15 is like $1M or $1.5M to them. However, a US Generational Citizen has systematic challenges that a "new" first generation citizen doesn't care to acknowledge. Because after all, "if I made it, surely anyone else can." One size, unfortunately, doesn't fit all.
I'm living the American dream. Started with zero at 25, now worth $2.8M at 38 with a basic accounting job. Work hard at a job that pays decent, get married and stay married. Don't do drugs or gamble and you can still live very well in the US. America doesn't have much safety net but it is still very possible to "make it"
I agree. I would never leave USA to go to another country especially for Europe because over there is tooo secular. What about God and Church.? I love going to church and meeting with my friends. I rather retire in my home country Tobago than Europe.
@@donnaroberts4513I feel it depends on where you live in America. Where I am I feel safe, my home is paid for, just invest in a rental property this year. I am comfortable, people want have American citizenship everyday. My parents are immigrant. It’s our mindset. I feel the American dream is still possible for all of us.
I think he did an excellent job exposing the setbacks that a person in pursuit of the American Dream could face. The choice then becomes this : how do you overcome each of those obstacles? The wealthy retired people have figured it out so there are definitely some people who have reached the American Dream for sure! I would estimate 2% to 10% of senior citizens have reached some level of it. I think his whole point is that people can drastically increase their chances of truly reaching that dream if they immigrate elsewhere. I like the juxtaposition of ideas and options. The American Dream is not impossible but it takes a serious FIGHT to get it. On another note: I would also like to point out that differences in crime laws can heavily impact quality of life. If someone lives in a city or municipality that is “soft on crime” or votes to “defund the police” such policies will encourage lawlessness, decrease quality of life, decrease property values, school quality, and make a place unlivable. I can see why anyone in such a place should completely move! Many Californians and New Yorkers in crime ridden areas simply move to a different state but not a different country and that usually alleviates the bulk of their safety issues. Sometimes things can improve if someone moves from the city center where they must pay a premium for every little thing and instead move away into the suburbs or the outskirts to be able to minimize their costs of living. There are many ways to remedy the issues for those who are seeking wisdom. Interesting video!!!
Sadly, Portugal is doing away with the NHR so if your income comes from the U.S., you would be paying taxes in both countries which would make it unaffordable for most people.
I would say look at the political leadership of those areas and see if they have something in common. I agree portland, some areas of chicago, new York City, baltimore.
Grass is always greener on the other side!! standard of living is declining world wide with pandemic, wars and high cost of living. Still 70% worldwide wants to come to North America, Australia etc, just look at the migration trend!
Migrants come to America for safety, opportunity, and a better life. U.S. citizens migrate for safety, security, and a less stressed life. It's all relative. We are all running to/from something.
I'm curious if you and Christina were just starting out (around college age), would you both have reached the same level of success in Portugal? Trying to see if the American dream in a foreign country is possible for someone without a lot of money.
11 місяців тому+19
Obviously they wouldn’t, that is the whole fallacy here!
While I'm neither Amon nor Christina, I've followed them for some time. I think it took them entering the workforce for them to realize the rat race wasn't all it was cracked up to be, which is why they did FIRE and left the US. So they had a sweet cushion before making the leap and may not be saying these things otherwise. That said they're no longer working 9-5 and have made some smart decisions that they've documented here in YT (and are probably also monetizing here, also smart) that have enabled them to continue thriving abroad. So they've created a life that works for them, on their terms and that's admirable and inspirational, at least to me.
In this day and age you can start an e-commerce store that sells anywhere in the world and work from anywhere in the world. You can create a brand from anywhere in the world that has a contract factory produce your product and a third-party warehouse/fulfillment company ship it. You could live literally anywhere and do this and earn more than most Americans. If you are smart about the process within 1 year of deciding to create your first product you will have a million in annualized sales. It only takes 4 products a day at about $30 price point each selling 25 units a day to hit that number. You can easily build an audience of 10k people in many niches within 4 months that will result in those numbers within 1 year.
The only thing keeping me here is my son is in a great school for elementary education. However, I plan on leaving as soon as he finishes 5th grade. I am laying the groundwork for us to be able to afford to leave and hopefully never look back. I have people in my family who are trying to discourage me but I am tired of the never-ending violence and anxiety in the country. I just want to have peace.
You can always come back if things don’t work out. However if you never try, you won’t know. If you try and it goes well you will be the one who makes the path for your extended family. They’ll see you doing well and likely follow your example.
Oh brother I really wanted to fully concur with this vid. As immigrants to the US, I can tell you. It is way easier to "retire" in emerging countries with American made 2.4 million dollars than to work for a living from scratch. But you do bring up the main issues with our society nonetheless 😊
I'm a dual Portuguese and american citizen living in the states and in my opinion the downfall of america is its population more specific its morals and lack of respect themselves,its fellow citizens and no respect for law and order.
We were in Portugal and Spain last week. Wonderful experience!! In Portugal your taxes are NOT for military purposes... So cheap to use the services of Uber and Bolt (the local one).We live in Miami... impossible housing prices!!
@@InvestersEdge-lm6zl ...what if you get caught in a mass shooting like at work, down the highway, at school, at church, at the supermarket, at the mall, at a concert, at a parade, at the store, at the bank, in any parking lot, etc., etc., etc.?...
Imagine how immigrants feel, we move from our country for a better life for the American dream. We come work and work and that dream never becomes true. Realizing now we are 60 or 70 years old. 😞
I disagree, imagine how much better america is vs their country is to want to leave. Granted our politicians are horrible, mist of them, and our healthcare could be a lot better especially with insurance. But just think how much better it is here than a lot of other places. For example a mail order bride is willing to leave her family and marry some random person cause their situation is so bad. Yes things could be better, our govt and is screwing us but at least I have the freedom to say that.
If greed wasn't the problem, there would be enough for everyone to have a decent home, good health, clean water and non toxic foods. It's the othering and greed that has this country and the world in disarray. On the other hand there's only so many people these other countries will allow in because gentrification is sure enough taking place in these safe countries and locals are at risk of being priced out of their own country.
I would add, after saying I agree 100% with your move to Portugal, that America is still the place to build that dream. It's not as easy as it was 10 or 20 years ago and it's really hard right now, with the last 3 years, but it's still the place to be. It's completely different to move to Portugal after making and saving your money, than it is to make it from scratch as a Portuguese citizen. There's a reason its so much cheaper to live there, than it is in the US. There's a reason you hear "European" size apartment, with a "European" size kitchen, on shows like international house hunters. Multigenerational living, is still the norm across a lot of Europe, because housing has been so unaffordable for the people who live there. Its why there's so much resentment towards Americans in places like Spain, Portugal and Italy now, because the Americans who are moving there have a much higher income than the locals. I would change the description to say, - If you want to complete the American dream using FIRE, earlier and/or at a higher standard, then moving abroad is the way to go. I'd also add, that you made a lot of good and true statements about the conditions in the US today, which has me nervous not only for the US, but for a lot of places that have been propped up by the US. Look at the Ukraine right now. I'm sure there were plenty of Expats living there when Russia invaded. If not for the US military and winning the cold war, at a minimum East Germany, Poland, Hungary, etc.. would all still be behind the Iron Curtain of the Soviet Union and that's if the Soviets stayed on their side of the curtain. Hopefully the Ukraine war has woken Europe up, because none of the countries in NATO or the EU, except for Poland, were even paying the measly 2% of GDP for their own defense. Also, what would the economies of Europe look like, if it wasn't for American Tourist? The number one industry in Europe is tourism. The number one industry in places like Spain, Portugal, Italy, Greece, etc.. is tourism. No American Tourist and economies would start crashing, followed by government collapses. Greece, Italy and several others would have already collapsed, if places like the US, Germany and the UK hadn't bailed them out. If you don't have to pay for your own defense and you have a steady stream of tourist to fill your VAT tax coffers, its a lot easier to provide things like cheap healthcare. Even on the healthcare front, countries like Norway have made some giant steps forward because of all that oil money, but the US is still where around 70% of all medical innovation occurs. That was near 90% back in the 70s. I mean its one thing to get your healthcare in Portugal, try getting it there but don't use any instruments or test systems from the US, don't use any surgical techniques or drugs from the US and don't use any Drs that are either from the US or were trained in the US. It gets a lot harder. And, yes all those are available now, but what about the future? Any surprise the first vaccines that really worked on Covid, came from the US or US companies? Who's going to develop the next innovations /vaccines for Portugal, if its not the US? There are super bugs now, that are killing people, because our current antibiotics don't work. The western world cannot afford for the US to be the same as a lot of Europe. If the US had the same lifestyle as Portugal, with the equivalent military, healthcare, industry, etc.. where would we be? Bottom line, if the US is slipping, lifestyles in parts of Europe are going to change.
In the U.S. you have the false sense of ownership. You never own that home. the homes there aren't even well made anymore.You don't even own the land that the home sits on! In most other countries, you own the land that your home is on. You own the house, mostly no mortgage, outright! The homes are well built and will last forever! There are so many benefits to living abroad. There's always an adjustment period but its worth it!
I was just thinking about this yesterday as I made sure I quickly paid my escrow shortfall in full. Do need more added to my overall mortgage. Then I looked at my homeowners taxes....after my house is paid off, I'll still have a mortgage from the taxes where I'm living...ughh😮
You are absolutely right Amon!😅I’ve been desiring to move abroad since my children were in their adolescent years. We’re all wanting to go where we are treated best!🦋Appreciate this video and thanks again..
Can you make a video about racism in Portugal as a Blackman or black family? Have you noticed a difference in treatment between the states and being abroad?
Amen, Ammon! My husband and I retired at 61 and 50 with a half million dollars, and continued to enjoy multiple vacations and donate thousands of dollars annually. He died only a few years later, and after that I spent 14 years taking care of several close family members - none of whom saved enough for their retirement. I developed chronic autoimmune conditions requiring tens of thousands of dollars of out of pocket expenses for medical and in-home care each year. My long term care health insurance company went into receivership. Now, at 75, I am the only remaining family member alive, and I'm looking at the end of my savings if I don't make a radical change soon. I believe I am too old to qualify for a loan to purchase a home or qualify for health insurance in Portugal, my first choice for where to relocate.
Thank you so much for sharing about your life… you took on a lot of responsibility and cared for your family. I believe There are people in your community that will care for you. For me in my late 50s I still have family & friends but I feel I still have a lot to give, I need to continue to make new friends and serve others in my community. My wife and I went to a few local vibrant churches and found some caring people, families and avenues to serve others. It was humbling because we are introverts but need others as well because isolation isn’t healthy… I will pray that you find “your own tribe” and experience a joyful life amongst other caring folks!
Do you mean there are no HOAs abroad?! The first thing we love is paying hundreds or thousands of dollars for someone to tell us we will be fined if our mailbox doesn't meet their standards (sarcasm).
I have, actually at least 5 different people i know have. All are immigrants, arrived and got blue collar or civil service jobs. They all bought a home, have good healthcare and a pension system. Two are doorman who also own their own homes, and their kids are studying. Compared to where all came from, YES they are living ans are the american dream. It's all relative. If many americans lived in an oppressed dictatorship, they might be thinking differently. Enough said.
What a great video! Alarming but also inspiring. The American dream has been the golden standard for happiness and prosperity, but now unaccessible. It takes a lot of courage to Pioneer new territory. Glad that the message is making its way back and we are able to see an alternative option.
I really want to thank you guys for all of the information you've given to me, I have benefited from your and your wife's teachings and im glad that there are still good people out there willing to help. Love you guys.
This video is a Mastedrpiece! 100% true and I applaud you. Crime is at an all time high here wher eI live and the police do not even care...or bother to show up very often. Just to be able to feel safe would be wonderful!
I’m living the American dream because I cracked the debt code!!!! I know its not easy to do, but if I cant afford it, I dont buy it on credit. If we were to share expenses we would be much better off
I migrated out the US in 2021. Now I live a more meaningful life without the struggle. It’s not that you can’t achieve the American Dream in the US it’s just a lot harder. So why we you don’t need to 🤷🏽♀️
I’m going yo get out of US asap. You hit the nail on the head. Not to mention Americans life expectancy has declined 2 yrs in a row due to their lifestyle. My youngest granddaughter is graduating in 2024. I don’t see putting our eggs in the university hand basket. The cost is outrageous and the payout is poor.. Portugal is high on the list for expat living.
Bravo and Bravo my Brother! Im Glad someone came out and said it . And Believe it or not that’s just the half of it!😮 P.S. Row Row Row your Boat Gently down the Stream Merrily Merrily Merrily Life and America is but a Dream!😮
I totally agree! I wanted to leave years ago but was held up by many things! Presently my husband and I are moving forward 💯 in our plans by God’s grace and favor! Thank you for sharing and posting us! We will connect with you in the near future and be part of your courses. God bless you and your family ❤️🙏
I really enjoyed this video, I am a federal employee as well as an Adjunct College Professor since 2012, I have been telling my students look at America as a factory, you come here grow your money and you leave, do not retire here, overtime you going to give them all your money.
If greed wasn't the problem, there would be enough for everyone to have a decent home, good health, clean non toxic foods, etc. It's the othering and greed that has this country and the world in disarray. On the other hand there's only so many people these other countries will continue to allow in because gentrification is sure enough taking place in these safe countries and locals are at risk of being priced out of their own country. The other thing is, some people bring their American attitudes with them. When I travel I see it and feel embarrassed. Great video! I don't know if I'll successfully make it out but I haven't given up trying. This dream may never become a reality for me and for that I'm sad. 🫶🏽
I’m an American living in Bangkok Thailand for 61/2 years . Renting a very nice 1 bedroom apartment for $279 dollars a month surrounded buy peace loving gentle people. I still love America but also love it here. You should try moving.
💯 We are structuring our life at this time so we can relocate abroad as well. This American culture is beyond eroded and not a place we want to raise our kids!
Brother, you spoke FACTS !!! I definitely have some things to consider when it comes to where to raise my future family and retiring. All of what youve spoken about, I've already experienced at just the age of 30.
I mean it sounds good but there is no situation where we can all leave America correct? So we have to make the best of what's here and try to improve it from the inside. I for one haven't given up on that idea
I truly wish I could move abroad. However, for me, I live on a fixed income and have only that to live on. For me to move abroad is the dream. I'm happy for anyone who can manage to follow their own road. Blessings to all .
You can live well on a fixed income in many countries. The fixed income is what most people lack. Many countries in Africa, Asia, South America etc in nice areas have expats living good off of $1500 or less a month.
Thank you for the information you all provide. Because of you and Christina I am planning on moving out of US. I am trying to get my family on board and I am sharing this video
I’m in US working on my Irish citizenship (birth right). Will that make it easier to stay in Portugal? Will I still need a Portugal visa? I am still researching…. I know it will allow me to travel around Europe freely.
This all sounds good if you were born in America and made your money and then go to Portugal. Do you think if you were born there you would have what you do now? I am curious how the locals like expats driving up the price of houses so they can not afford one? I agree if you are luck enough to have been born in America and can make your money and then go to another country that is a way to live the American dream.
This is a good video - laying out lots of important points. One point though that would deserve a (possible?) follow-up would be that income-earning in the US is substantially higher than anywhere else. So, getting on the FIRE journey in America makes sense because of those high earnings, but once you acheive FIRE moving abroad becomes very desirable to retain everything you've built.
I have friends in all Europe, the working online, living the lifestyle but all them have American salaries, because they still working with US companies.
You do need to work hard! I am not from America but strongly believe you need to work hard to get something you want. Unfortunately, living the American dream is still much harder than it use to be as there are more problems across society.
I’m ready to leave the US with my family, just trying to identify a new home. It’s a big leap to make with lots of decisions. For example, we do own a nice home in Southern California in a gated community and I’m not sure I should sell it. A neighbor rented theirs for $6K.
Burglars robbed my grandma's home in Rhode Island 2x. And they pickpocketed her in a department store...the criminals were actually 2 women in their age 50's!!!💰
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Amen Amon! I am not a multi millionaire. But I am retired after being a business owner for 20+ yrs. I purchased a “retirement home” in Florida, but ……..
I am now happily living in Portugal. Left the stress of health care, safely, and “stuff” back in the US.
Feeling safe, healthy, and stress free 🇵🇹💕
💜
As George Carlin said: ‘That's why they call it the American Dream, because you have to be asleep to believe it.'
Haha
Can’t stand that faux comedian
Wow!
It is a DREAM come true for immigrants from 3rd world countries
😂 I’m not sure if that’s supposed to be funny
Preach Amon! My husband and I have been saving all our lives, both to educate our sons and for retirement. We should have retired 5 years ago but we continue to work out of sheer fear for all of the reasons you named. None of our sons, well into their thirties, owns a home. Wisely, our youngest left the country right after college and has been able to live comfortably and safely on an income that would have been impossible here.
Amazing!
That's truly wonderful. May I ask which country your son relocated to?🙏
Originally from California, I bought a beautiful farm in Portugal over a year ago. I am in much better shape and love the people. No crime, no stress, great neighbors.
Congratulations for your farm but may I ask how much it costed you? Is a farm for crops?
Are you on the silver coast? I would love to have a farm there.
I just can say you are 100% right. I'm German and my husband is American. I lived in the US for 25 years. We had a very good life, big house, nice car, good healt insurance, but as you said all that worth nothing because you have to worry about all the crime it's going on around you. Shooting, killing, robbing, stealing, etc. Even you have a security alarm and cameras all around the house you are not safe in your own house.
So we decided to move to Portugal. Now we live here since June 2023, and all i can say, it was the right decision. We feel safe over here and our whole attitude changes completely. We became more relaxed, and enjoy life to the fullest. We don't have to worry about all the crime that we had before. Over here people are friendly and helpful, and almost no crime. People over here are mature enough to know what and what not to do. I'm telling you it's a totally different life over here, plus cost and living is inexpensive, and you don't hear people talk about politic all day long.
No, we don't regret that we left the US.
Amen to that! Happy that you made the decision! It inspires us who are still in the US. Do you feel this peace & safety still exists even in the larger cities of Portugal? My wife is retiring by 2025, so no NHR, no Golden Visa… hopefully D7 will still exist… we will still have our house in the US. as retirement income but will be taxed very heavily in PT without NHR…
Let's all moved to the Portugal dream 😂😂😂
I think your video reveals what most of us have said for years. America’s biggest export is HYPE! For example, How can the “riches country in the world” not afford Universal Healthcare. Healthcare is the number one reason why people have a job and stay at that job regardless of the stress it puts on them. Which we forget that stress is the leading cause of health related issues! Just my opinion. 🤷🏿♂️
Agree
Yeah but here is the thing America and the opportunity it offers is 10X better then most of these 3rd world countries people come from. Also no one said that people comming from those countries should stay in america they should work make money and take it back to there country where it goes 10X for instance one year of work in the states if you take home 20-40k take home pay this after 2 years can get you a home in one of these countries but it would take a citizen of that country 10-20 years to do the same . Also not just for different nationalities but Americans can always work 6 months in the states and do 6 months off . But 100% agree isnt it something that they make the healthcare tied to working and if you stop there goes your health insurance which if you have to pay for out of pocket is crazy expensive so you need to keep a job part time even if you want to do that 6 months oversease it would just need to be online .
They take medic aid out of my check everyday yet I don’t have health care smh
That’s the thing it’s not wealthy America is broke
An endless cycle. Work to live or live to work?
Two other big issues is the cost of child care and car culture.
Agreed and the high maternity death rate we have here.
You could always move to Boston or NY and find out the cost of living with public transportation😂
don't forget the ridiculous health care cost. Not knowing the cost before going to see the doctor until you get the bill is insane. It's like ordering and eating at a restaurant and not knowing the price until you get he bill.
@@viktorivakhno2244😂😂😂😂
Whats our dream vs what "their" dream for us is different .
Theu want us in debt and slavery forever.
We want freedom . Time and money. Proper healthcare. Proper food.
rest.
For the goal post to stop moving so fast and dramatically. 😢
Exactly 🎯
I couldn’t agree more.
Big fan…love the video. America is the place to make the money, Portugal is a great place to enjoy it.
Meanwhile in the time it took to watch this 16 minutes video there were 4 mass shootings in America , 3 of which statistically speaking were carried out by a White man that most identifies as a Republican …..
An American here still living in America, and it's depressing. Watching housing become so out of control here, while the government does nothing. Seeing kids talk about "why bother" going to college when all it's going to guarantee is massive debt they are going to have to pay off. Seeing the healthcare here get worse and worse every day. I pay hundreds a month for private insurance I get through my job and now half my doctors are refusing to accept my insurance because the insurance companies are making all kinds of excuses to not pay. I had Covid in May and had to be hospitalized for 5 days and I'm still paying off the bills and that's with an expensive insurance I pay over $400 a month for. It's ridiculous! The violence here, the insanity where you can't talk to someone without hearing them say some incredibly hateful or ignorant thing (granted I live in Florida, not saying the whole country is like that).
Yes it's very depressing for me too I can't wait to leave for Columbia
i can barely go outside and do exercise
because it's America and Florida.
I agree w mostly everything Amon says, however, let’s not forget where he made most of his money - In the U.S., then he left and made more money. Also, most of his money: Roth, 401K, HSA, Brokerage acct. still held in U.S accounts. The U.S. stock overall still out performs European, Asians, + emerging markets. His 1st talking point, about hard work is half and half, but u can’t work hard only, u have to work smart. Ppl are not leveraging their jobs benefit properly when they have them, like he did. 1/3 of Americans have no retirement or savings, many still don’t do 401k match, or HSA. I believe 68% of US GDP, comprise of personal consumption. 51% of Americans making $100K yrly living paycheck to paycheck. Let’s not 4get other factors that influences ppl: social media flexing, conspicuous consumption, eating out, and buying newer cars can’t afford. The American dream is hard, but still possible, I believe it, because w/o a possible mindset, nothing is possible.
This is sooo true he built his wealth in the US . I am just an health care aide and I make just as much as a doctor in France
I had to leave Europe for america just to make a decent wage. I was also taxed over 30 percent on a meager salary and had to pay exhorbitant city taxes. While I agree with you on the peace aspect, I think actually very difficult to make it in europe. Probably better to make money in the US then retire in europe like you did!
Hi did you live in France? I was thinking about moving to Europe but Worried if I would regret it. The hack is to get a US remote Job and live in Europe.
Great video! I left the USA and returned home to Jamaica 2 years ago. One of the best decisions I have ever made. Why are you still calling it the "American Dream" if it can't be achieved in the USA? We need a new name for this. I agree with you. Peace of mind is essential! 💯
Jamaica is a beautiful island no doubt but I hear it has more crimes than USA
🛫🇲🇽🏖️
I'm in Switzerland - living the dream.
Well, I don’t know what to say. I came here as a little kid with my parents from Russia after the soviet union collapse. I think we achieved our American dream and we are very proud of America! America is not perfect, but is still the magnet for immigrants all over the world. We will never leave.
American dream requires traditional family values which is looked down on and discouraged
That's it. The US is better for those who don't have a "generation al" connection to it (i.e., first or second generation vs. one whose ancestry has been in the US since 1600+ or even earlier).
Most first generation (new) citizens come from basically nothing. So, making $10 or $15 is like $1M or $1.5M to them.
However, a US Generational Citizen has systematic challenges that a "new" first generation citizen doesn't care to acknowledge.
Because after all, "if I made it, surely anyone else can." One size, unfortunately, doesn't fit all.
I'm living the American dream. Started with zero at 25, now worth $2.8M at 38 with a basic accounting job. Work hard at a job that pays decent, get married and stay married. Don't do drugs or gamble and you can still live very well in the US. America doesn't have much safety net but it is still very possible to "make it"
I agree. I would never leave USA to go to another country especially for Europe because over there is tooo secular. What about God and Church.? I love going to church and meeting with my friends. I rather retire in my home country Tobago than Europe.
@@donnaroberts4513I feel it depends on where you live in America. Where I am I feel safe, my home is paid for, just invest in a rental property this year. I am comfortable, people want have American citizenship everyday. My parents are immigrant. It’s our mindset. I feel the American dream is still possible for all of us.
I agree & I've heard a lot of people who move to these countries come back to the US & that includes Portugal as well.
I think he did an excellent job exposing the setbacks that a person in pursuit of the American Dream could face. The choice then becomes this : how do you overcome each of those obstacles? The wealthy retired people have figured it out so there are definitely some people who have reached the American Dream for sure! I would estimate 2% to 10% of senior citizens have reached some level of it. I think his whole point is that people can drastically increase their chances of truly reaching that dream if they immigrate elsewhere. I like the juxtaposition of ideas and options. The American Dream is not impossible but it takes a serious FIGHT to get it.
On another note: I would also like to point out that differences in crime laws can heavily impact quality of life. If someone lives in a city or municipality that is “soft on crime” or votes to “defund the police” such policies will encourage lawlessness, decrease quality of life, decrease property values, school quality, and make a place unlivable. I can see why anyone in such a place should completely move! Many Californians and New Yorkers in crime ridden areas simply move to a different state but not a different country and that usually alleviates the bulk of their safety issues.
Sometimes things can improve if someone moves from the city center where they must pay a premium for every little thing and instead move away into the suburbs or the outskirts to be able to minimize their costs of living. There are many ways to remedy the issues for those who are seeking wisdom. Interesting video!!!
No one, absolutely no one starts from zero and makes it on their own
Great video! I would love to move to Portugal. I'm tired of the crime, high cost of living, etc here in America.
Sadly, Portugal is doing away with the NHR so if your income comes from the U.S., you would be paying taxes in both countries which would make it unaffordable for most people.
Me too!!!
Just become a state national, you won't pay taxes in USA
@@chuckmurray1825 Only if you keep your American citizenship
Same here!
Oh and crine out of control. Some parts of the US now look like 4rd world countries.
I would say look at the political leadership of those areas and see if they have something in common. I agree portland, some areas of chicago, new York City, baltimore.
Grass is always greener on the other side!! standard of living is declining world wide with pandemic, wars and high cost of living. Still 70% worldwide wants to come to North America, Australia etc, just look at the migration trend!
America is the place to make your money and then leave.
I am living my dream in Costa Rica. Best decision I ever made was to leave the USA as soon as I could at the age of 55 and retired.
❤️❤️❤️
Thought about but don’t want threat of hurricane or humidity. ❤
All is not lost. Some Americans are downsizing, living off grid,Frugal living..etc. pple are waking up. I think in 10 yrs pple will slow down.
Most Americans can’t afford a flight or trip to Portugal.
Good luck moving abroad for the average American.
Just went to Spain for $250 one way ticket. Hi from Barcelona 👋
You would be surprised what Americans can afford. They don’t prioritize, and they stay in debt
Theres more countries that are nice than Portugal. Man I'll tell ya
I agree with you! It's all about our priorities when it comes to what we can and can't afford. Some people just prefer to play victim.
Migrants come to America for safety, opportunity, and a better life. U.S. citizens migrate for safety, security, and a less stressed life. It's all relative. We are all running to/from something.
Unfortunately all is true about the current life in the USA. Was not like this 30 years ago 😢
I'm curious if you and Christina were just starting out (around college age), would you both have reached the same level of success in Portugal? Trying to see if the American dream in a foreign country is possible for someone without a lot of money.
Obviously they wouldn’t, that is the whole fallacy here!
Let's all moved to the Portugal dream yo 🤑🤑🤑
While I'm neither Amon nor Christina, I've followed them for some time. I think it took them entering the workforce for them to realize the rat race wasn't all it was cracked up to be, which is why they did FIRE and left the US. So they had a sweet cushion before making the leap and may not be saying these things otherwise. That said they're no longer working 9-5 and have made some smart decisions that they've documented here in YT (and are probably also monetizing here, also smart) that have enabled them to continue thriving abroad. So they've created a life that works for them, on their terms and that's admirable and inspirational, at least to me.
I would work in another country that pays well and allows you to save and then find a place/country that you like and settle and live comfortably.
In this day and age you can start an e-commerce store that sells anywhere in the world and work from anywhere in the world. You can create a brand from anywhere in the world that has a contract factory produce your product and a third-party warehouse/fulfillment company ship it. You could live literally anywhere and do this and earn more than most Americans. If you are smart about the process within 1 year of deciding to create your first product you will have a million in annualized sales. It only takes 4 products a day at about $30 price point each selling 25 units a day to hit that number. You can easily build an audience of 10k people in many niches within 4 months that will result in those numbers within 1 year.
The only thing keeping me here is my son is in a great school for elementary education. However, I plan on leaving as soon as he finishes 5th grade. I am laying the groundwork for us to be able to afford to leave and hopefully never look back. I have people in my family who are trying to discourage me but I am tired of the never-ending violence and anxiety in the country. I just want to have peace.
Congrats on having a plan, I hope you make it out soon👍🏾
You can always come back if things don’t work out. However if you never try, you won’t know. If you try and it goes well you will be the one who makes the path for your extended family. They’ll see you doing well and likely follow your example.
Oh brother I really wanted to fully concur with this vid. As immigrants to the US, I can tell you. It is way easier to "retire" in emerging countries with American made 2.4 million dollars than to work for a living from scratch. But you do bring up the main issues with our society nonetheless 😊
Good point!
Excellent point indeed.
Very good point. That's why I want to make as much as possible here in the US and then leave with my family. We are currently aiming for 2027.
Definitely
I'm a dual Portuguese and american citizen living in the states and in my opinion the downfall of america is its population more specific its morals and lack of respect themselves,its fellow citizens and no respect for law and order.
We were in Portugal and Spain last week. Wonderful experience!! In Portugal your taxes are NOT for military purposes... So cheap to use the services of Uber and Bolt (the local one).We live in Miami... impossible housing prices!!
What if they get attacked?
@@InvestersEdge-lm6zlAmerican mindset... The fear of getting attacked makes them attack first.
@@InvestersEdge-lm6zl What if America gets attacked?
@@InvestersEdge-lm6zl ...what if you get caught in a mass shooting like at work, down the highway, at school, at church, at the supermarket, at the mall, at a concert, at a parade, at the store, at the bank, in any parking lot, etc., etc., etc.?...
Imagine how immigrants feel, we move from our country for a better life for the American dream. We come work and work and that dream never becomes true. Realizing now we are 60 or 70 years old. 😞
I disagree, imagine how much better america is vs their country is to want to leave. Granted our politicians are horrible, mist of them, and our healthcare could be a lot better especially with insurance. But just think how much better it is here than a lot of other places. For example a mail order bride is willing to leave her family and marry some random person cause their situation is so bad. Yes things could be better, our govt and is screwing us but at least I have the freedom to say that.
If greed wasn't the problem, there would be enough for everyone to have a decent home, good health, clean water and non toxic foods. It's the othering and greed that has this country and the world in disarray. On the other hand there's only so many people these other countries will allow in because gentrification is sure enough taking place in these safe countries and locals are at risk of being priced out of their own country.
Crime made me hurry up to sell my home and move abroad to Panama.
How do you like living in Panama?
I heard it is nice in Panama!
@carollipstone3587 I love it so far. I live on the beach.
I would add, after saying I agree 100% with your move to Portugal, that America is still the place to build that dream. It's not as easy as it was 10 or 20 years ago and it's really hard right now, with the last 3 years, but it's still the place to be. It's completely different to move to Portugal after making and saving your money, than it is to make it from scratch as a Portuguese citizen. There's a reason its so much cheaper to live there, than it is in the US. There's a reason you hear "European" size apartment, with a "European" size kitchen, on shows like international house hunters. Multigenerational living, is still the norm across a lot of Europe, because housing has been so unaffordable for the people who live there. Its why there's so much resentment towards Americans in places like Spain, Portugal and Italy now, because the Americans who are moving there have a much higher income than the locals. I would change the description to say, - If you want to complete the American dream using FIRE, earlier and/or at a higher standard, then moving abroad is the way to go.
I'd also add, that you made a lot of good and true statements about the conditions in the US today, which has me nervous not only for the US, but for a lot of places that have been propped up by the US. Look at the Ukraine right now. I'm sure there were plenty of Expats living there when Russia invaded. If not for the US military and winning the cold war, at a minimum East Germany, Poland, Hungary, etc.. would all still be behind the Iron Curtain of the Soviet Union and that's if the Soviets stayed on their side of the curtain. Hopefully the Ukraine war has woken Europe up, because none of the countries in NATO or the EU, except for Poland, were even paying the measly 2% of GDP for their own defense. Also, what would the economies of Europe look like, if it wasn't for American Tourist? The number one industry in Europe is tourism. The number one industry in places like Spain, Portugal, Italy, Greece, etc.. is tourism. No American Tourist and economies would start crashing, followed by government collapses. Greece, Italy and several others would have already collapsed, if places like the US, Germany and the UK hadn't bailed them out. If you don't have to pay for your own defense and you have a steady stream of tourist to fill your VAT tax coffers, its a lot easier to provide things like cheap healthcare. Even on the healthcare front, countries like Norway have made some giant steps forward because of all that oil money, but the US is still where around 70% of all medical innovation occurs. That was near 90% back in the 70s. I mean its one thing to get your healthcare in Portugal, try getting it there but don't use any instruments or test systems from the US, don't use any surgical techniques or drugs from the US and don't use any Drs that are either from the US or were trained in the US. It gets a lot harder. And, yes all those are available now, but what about the future? Any surprise the first vaccines that really worked on Covid, came from the US or US companies? Who's going to develop the next innovations /vaccines for Portugal, if its not the US? There are super bugs now, that are killing people, because our current antibiotics don't work. The western world cannot afford for the US to be the same as a lot of Europe. If the US had the same lifestyle as Portugal, with the equivalent military, healthcare, industry, etc.. where would we be? Bottom line, if the US is slipping, lifestyles in parts of Europe are going to change.
In the U.S. you have the false sense of ownership. You never own that home. the homes there aren't even well made anymore.You don't even own the land that the home sits on! In most other countries, you own the land that your home is on. You own the house, mostly no mortgage, outright! The homes are well built and will last forever! There are so many benefits to living abroad. There's always an adjustment period but its worth it!
I was just thinking about this yesterday as I made sure I quickly paid my escrow shortfall in full. Do need more added to my overall mortgage.
Then I looked at my homeowners taxes....after my house is paid off, I'll still have a mortgage from the taxes where I'm living...ughh😮
Same, taxes on a nice home if calculated on a monthly basis can be a like having small mortgage
That’s a fact!! I’m in Brazil now 🇧🇷. Not going back!
But the brassilian wants to come here
I wish I could move abroad, but I'm afraid to without family. There's no convincing any of them at this point.
i think that is good stick with family you dont know how long you have with them
You are absolutely right Amon!😅I’ve been desiring to move abroad since my children were in their adolescent years. We’re all wanting to go where we are treated best!🦋Appreciate this video and thanks again..
Can you make a video about racism in Portugal as a Blackman or black family? Have you noticed a difference in treatment between the states and being abroad?
Well, you did live in California.... anywhere is an upgrade haha.
With the US national debt, inflation and illegal immigration. Yes. The ,"American Dream is Dead!"
Amen, Ammon! My husband and I retired at 61 and 50 with a half million dollars, and continued to enjoy multiple vacations and donate thousands of dollars annually. He died only a few years later, and after that I spent 14 years taking care of several close family members - none of whom saved enough for their retirement. I developed chronic autoimmune conditions requiring tens of thousands of dollars of out of pocket expenses for medical and in-home care each year. My long term care health insurance company went into receivership. Now, at 75, I am the only remaining family member alive, and I'm looking at the end of my savings if I don't make a radical change soon. I believe I am too old to qualify for a loan to purchase a home or qualify for health insurance in Portugal, my first choice for where to relocate.
Thank you so much for sharing about your life… you took on a lot of responsibility and cared for your family. I believe There are people in your community that will care for you. For me in my late 50s I still have family & friends but I feel I still have a lot to give, I need to continue to make new friends and serve others in my community. My wife and I went to a few local vibrant churches and found some caring people, families and avenues to serve others. It was humbling because we are introverts but need others as well because isolation isn’t healthy… I will pray that you find “your own tribe” and experience a joyful life amongst other caring folks!
May God help you 🙏🏼
Let's all moved to the Portugal dream yo 🤑🤑🤑
I’ve witnessed so many smash and grabs in the Bay Area, can’t wait to leave. -Marie
Do you mean there are no HOAs abroad?! The first thing we love is paying hundreds or thousands of dollars for someone to tell us we will be fined if our mailbox doesn't meet their standards (sarcasm).
I’ll be rolling that way 2024-25 hopefully
You didn't mention the 48% tax rate
Great video as usual thank you. This American dream is a struggle its a day anxiety for us.
I have, actually at least 5 different people i know have. All are immigrants, arrived and got blue collar or civil service jobs. They all bought a home, have good healthcare and a pension system. Two are doorman who also own their own homes, and their kids are studying. Compared to where all came from, YES they are living ans are the american dream. It's all relative. If many americans lived in an oppressed dictatorship, they might be thinking differently. Enough said.
What a great video! Alarming but also inspiring. The American dream has been the golden standard for happiness and prosperity, but now unaccessible. It takes a lot of courage to Pioneer new territory. Glad that the message is making its way back and we are able to see an alternative option.
I hope Americans who move abroad VOTE so they help the US change (healthcare, childcare, etc.)
I really want to thank you guys for all of the information you've given to me, I have benefited from your and your wife's teachings and im glad that there are still good people out there willing to help. Love you guys.
Aww! Thank you so much!!!❤️
Agree..my God parents move to rawanda
They love it ..not coming back to U.ass.A
There’s no American dream
Achieving your dreams requires leaving America 😊.
Aman, you made your money in the USA, in my opinion you lived the American dream, and woke up overseas.
Almost five years? Isn’t that the time to become eligible for citizenship? 👍👍
You are CORRECT SIR.. I LEFT.. the united stars in late 2020 and NEVER went back
Super valid points, Amon!! Thank you for making this video!
This video is a Mastedrpiece! 100% true and I applaud you. Crime is at an all time high here wher eI live and the police do not even care...or bother to show up very often. Just to be able to feel safe would be wonderful!
I’m living the American dream because I cracked the debt code!!!! I know its not easy to do, but if I cant afford it, I dont buy it on credit. If we were to share expenses we would be much better off
ah, so all the mass happenings are fine with you?
big question: have you renounced your US citizenship? or are you still paying USFIT?
Amon, proud of you and the family. Great video. So much truth here!
The "American Dream" is different for everyone, and no matter what country you move to , there will always be crime somewhere, some places.
I migrated out the US in 2021. Now I live a more meaningful life without the struggle. It’s not that you can’t achieve the American Dream in the US it’s just a lot harder. So why we you don’t need to 🤷🏽♀️
I want to consider leaving America for maybe a better life somewhere else. Tell me more!!
I’m going yo get out of US asap. You hit the nail on the head. Not to mention Americans life expectancy has declined 2 yrs in a row due to their lifestyle. My youngest granddaughter is graduating in 2024. I don’t see putting our eggs in the university hand basket. The cost is outrageous and the payout is poor.. Portugal is high on the list for expat living.
Preach 🗣️
Bravo and Bravo my Brother!
Im Glad someone came out and said it . And Believe it or not that’s just the half of it!😮
P.S. Row Row Row your Boat Gently down the Stream Merrily Merrily Merrily Life and America is but a Dream!😮
You are right on! America is a hot ass mess! I’m planning my out too!
My wife is from Palau and gave her $5000 to build a house from ground up in her country. Its cheap and a nice huge house.
❤️
I totally agree! I wanted to leave years ago but was held up by many things! Presently my husband and I are moving forward 💯 in our plans by God’s grace and favor! Thank you for sharing and posting us! We will connect with you in the near future and be part of your courses. God bless you and your family ❤️🙏
I feel like the American dream is based on the choices I make … I am living the American dream
I really enjoyed this video, I am a federal employee as well as an Adjunct College Professor since 2012, I have been telling my students look at America as a factory, you come here grow your money and you leave, do not retire here, overtime you going to give them all your money.
All of this is precisely why me and my family are getting out of here.
Checking in from the DMV.
If greed wasn't the problem, there would be enough for everyone to have a decent home, good health, clean non toxic foods, etc. It's the othering and greed that has this country and the world in disarray. On the other hand there's only so many people these other countries will continue to allow in because gentrification is sure enough taking place in these safe countries and locals are at risk of being priced out of their own country. The other thing is, some people bring their American attitudes with them. When I travel I see it and feel embarrassed. Great video! I don't know if I'll successfully make it out but I haven't given up trying. This dream may never become a reality for me and for that I'm sad. 🫶🏽
I’m an American living in Bangkok Thailand for 61/2 years . Renting a very nice 1 bedroom apartment for $279 dollars a month surrounded buy peace loving gentle people. I still love America but also love it here. You should try moving.
💯
We are structuring our life at this time so we can relocate abroad as well. This American culture is beyond eroded and not a place we want to raise our kids!
Brother, you spoke FACTS !!! I definitely have some things to consider when it comes to where to raise my future family and retiring. All of what youve spoken about, I've already experienced at just the age of 30.
I mean it sounds good but there is no situation where we can all leave America correct? So we have to make the best of what's here and try to improve it from the inside. I for one haven't given up on that idea
I'm actually hearing this more and more from coworkers. RIO is also a place people are talking about.
The U.s haa money for war but not healthcare
I truly wish I could move abroad. However, for me, I live on a fixed income and have only that to live on. For me to move abroad is the dream. I'm happy for anyone who can manage to follow their own road. Blessings to all .
Try a South American country, or Asian like the Philippines. Many live on a fixed income in these places
You can live well on a fixed income in many countries. The fixed income is what most people lack. Many countries in Africa, Asia, South America etc in nice areas have expats living good off of $1500 or less a month.
You nailed it!
❤❤❤ This is right on target! So many of the things you talk about are the reasons I moved to Lisbon. SO MANY things!
You are 100% correct. Life in the US is generally much more expensive than that of Japan. Please let me know why you picked Portugal over Japan.tks
Love this video, and agree with 100% what you’re discussing. This is why I follow you and Christina wish you guys well.😊
This mightve been the most POWERFUL video you ever made and thank you for featuring my brand ! Much love!!!!
Thank you for the information you all provide. Because of you and Christina I am planning on moving out of US. I am trying to get my family on board and I am sharing this video
That's so real! Is all a dream.
I’m in US working on my Irish citizenship (birth right). Will that make it easier to stay in Portugal? Will I still need a Portugal visa? I am still researching…. I know it will allow me to travel around Europe freely.
I just can say.... Bravo!! Great words!!. I love america, but that is exactly the way a feel! I hope this could change in the future.
This all sounds good if you were born in America and made your money and then go to Portugal. Do you think if you were born there you would have what you do now? I am curious how the locals like expats driving up the price of houses so they can not afford one? I agree if you are luck enough to have been born in America and can make your money and then go to another country that is a way to live the American dream.
This is a good video - laying out lots of important points. One point though that would deserve a (possible?) follow-up would be that income-earning in the US is substantially higher than anywhere else. So, getting on the FIRE journey in America makes sense because of those high earnings, but once you acheive FIRE moving abroad becomes very desirable to retain everything you've built.
I have friends in all Europe, the working online, living the lifestyle but all them have American salaries, because they still working with US companies.
You do need to work hard! I am not from America but strongly believe you need to work hard to get something you want. Unfortunately, living the American dream is still much harder than it use to be as there are more problems across society.
I’m ready to leave the US with my family, just trying to identify a new home. It’s a big leap to make with lots of decisions. For example, we do own a nice home in Southern California in a gated community and I’m not sure I should sell it. A neighbor rented theirs for $6K.
America is a sick society that doesn't know it is headed towards hospice care. I just moved to South America...my life is 10x better here.
Carrot on a stick 🥕
America is hard on it's citizens
Burglars robbed my grandma's home in Rhode Island 2x. And they pickpocketed her in a department store...the criminals were actually 2 women in their age 50's!!!💰