How To Actually Retire In 7 Years (Starting With $0)

Year by year step by step plan on how to retire in 7 years with pretty much exactly what i did.
Financial independence and early retirement is a movement that has had thousands of people follow this strategy to leave your job early or at last something like it. though house hacking, frugal living and working hard this can be a life changer.

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This is not financial advice and is meant for entertainment only

[ChristopherAbelman]

As I approach retirement, ensuring the stability of my 401k after the turbulent year of 2022 is a top priority. I've come across stories of investors achieving up to $270k in ROI during this current declining market. Any advice on enhancing my ROI before retirement would be highly valued.

[Riggsnic_co]

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

[Greggsberdard]

It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.

[GillerHeston]

I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.

[Tyler-xcpr]

Gabe, you timed the housing market perfectly. Congratulations! NOBODY could do that today because it is impossible to find a positive cash flow property out there.

[AntonioBianh]

Retiring from public services made me realize that I had no means to passive income and in 5 years I only moved around in circles financially, I needed to make investments immediately desperate retirement and that led me to this looking for ways out. I feel very accomplished every time I remember my journey and how I have been able to grow my Investment to a return of over 200% in less than 6 months. Mind-blowing experience really.

[psyurkel]

Sadly the house hack doesn't work in my country ... For 300k you can buy a studio or a small 2 bedroom apartment, not to mention the min 20% down-payment☠️ multi rentals cost at least a million if not more. For those who wonder the average annual wage is around 70k😢

[franmckenzie]

Sounds great in principle but what if your tenants don’t pay rent or trash the place? Unless you have enough to cover the lost rent and repairs, this could end in disaster.

[derbodybuildingbiograf]

Very helpful video, mate!! Thanks for your great work.

[simonbad]

I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise. I understand that the economy is currently in a downturn and that we must wait for things to get better.

[timcollins]

In Australia, you need to earn $300k a year to buy one unit.

[BySepfaYoutube]

always great info. thanks for sharing.

[BarbellFinancial]

Saving and investing 75% of your income will retire you in 7 years.

[Cristian_M_]

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future… I pray that anyone who is reading this will be successful in his or her life!!!

[AliWade]

We are really enjoying your Forest of Dean & Wye Valley videos, as we plan to retire to the area. Thank you for your interesting details

[ambolitho]

This was a great video, been subscribed for some time and really love your content. Total respect for the transparency in this video....much love from 🇬🇧

[toddaldrich]

I’m an RN and can just work a ton of overtime. The problem I worry about is health insurance. One medical episode can cost 100k easily in the USA

[calminacrisis]

There is one fatal flaw with this.

Everyone thinks they are smart “house hacking” and the price of multi-family units has shot through the roof. On top of low inventory.

[TheHumbleRoots]

Great Video and Great success. Congratulations!

[c.t.u.o]

This is my fifth year after retirement. I’ve been following the 4% rule thing, but this isn’t really how hard I expected things to be. I still have about $460k outside funds in my IRA to invest in stocks. Pls how do I take advantage of the market turnaround?