How We Retired In Our 40's | From Struggling To Early Retirement

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Today we share with you our story of how we retired in our 40's.
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We went from struggling to early retirement. We often get the question about how we were able to retire in our 40's and today we will share our story. It is not like most, we had very little investment and we had very little money to start but we made it work. We also share how we leveraged starting a YouTube Channel to get things going.

Our YouTube Course:

Chase Sapphire Preferred:

What We Use To Invest (affiliate link):

Things We Use:

SafetyWing Nomad Travel Medical Insurance (affiliate link)

Nord VPN: (affiliate link)

Our esim cell phone provider (affiliate link)

Our Other Channels:

Our Daughter's Book Channel:

DISCLAIMER: The opinions in this video are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned, or make any financial decisions based on them. Always do your own research to determine the best course of action for yourself.

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Greatest life tip - finding the right life partner that is devoted to the marriage and working through life’s challenges as a team. Love this. ❤

jcSealy
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I’ve never watched a more transparent and informative couple on YouTube. I’m very happy and slightly envious of your success and I know it didn’t come to you guys by accident - you both seem willing to do the work to make your dreams happen. I’ve known people through the years that have done similar things, but I’m thankful y’all are willing to tell how the sausage is made. Carry on please!

davidrobinson-scio
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I’m 55 and have been retired for 6 years. I have a 130K annuity, plus a 401k depleted to 150K of money that I’m not sure what I can do with at this point.

velayuthman
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As a wife, I love how you look to your husband. I can see the love and respect.

HP-rpnn
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I think another reason you've been so successful is that you are both great communicators. You simply speak conversationally instead of using the rapid-fire, sing-song, reporter wannabe style SO many youtubers use. Thank you for that! Congratulations on your success!

appydaysquilts
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We sold our house for $550, 000 after 10 years having paid $240, 000 took the equity and moved to a cheaper town, paid $190, 000 for a duplex, rented the basement and bought a rental house next door. We now live off the rental income and retired. The new houses have doubled in price after 8 years. We can easily live on less now we don't have to dress to work or commute, buy lunches etc no car payments, make food from scratch. The tenants are paying for the houses plus our living expenses, with no mortgage payments or debt we are richer than when we worked !!

dawnmorandin
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One thing I noticed is you both talked about your income as combined and you did this together and not separating your incomes in your mind. You both have true partners in life. That is the most necessary thing.

teeh.
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I feel like I just watched a great TED Talk! Very inspiring. Good fortune often comes when people are willing to think out of the box. Most people wouldn't be willing to relocate to another state, let alone other countries. You're successful because you're willing to adapt and do whatever is necessary to open doors. Your contribution to the world is being rewarded!

DaveM-FFB
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16:50 “what’s the point of learning something, if you don’t share it with people”. God, I wish more people have this mentality. thank you for all this information. It’s good to know though that you can travel on a smaller budget than I thought that was possible to begin with. I’ve been wanting to make videos myself for a while, for this exact reason, I just like sharing knowledge and inside tips.

Commonsenseisnotcommon
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I think the most important take away is what Rob said, if you don’t change anything, noting will change. Thank you for sharing.

beckyw
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You have absolutely no idea how much hope you have given me. At 77 and still having to work you have shown me a way. Can't thank you enough!! First time I have had any kind of hope in a very long time.

carolynknisely
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Wonderful video. I lost my house to bankruptcy in 08 and moved into a little apartment and I was so happy in that apartment and then nine months later the apartment owner told me that they were selling the building. So I cobbled together the little bit of money I had to buy a tiny house barge. Not long after that it started to take on water seriously enough to haul it out. I fixed it up paycheck to paycheck while staying with some friends and ended up selling it. By the way, it was featured in Macklemore‘s video next year. Anyhow, I pulled myself out of the Mire, and lived very slim and continued to save and now I have a house in Mexico. Glad to know you.

DestinationRetirement
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Allie and Rob, you are a breath of fresh air amidst a lot of doom and gloom these days. Your amazing transparency, your willingness to share and educate have empowered so many of your viewers to step outside the status quo. Thank you.

erinf
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1. Pick the right partner in align with your goals.
2. Dont have any children. Wont make it impossible but will significantly delay for about 20 years.
3. Live below your means and track every purchase on a zero dollar budget.
4. Have 3-6 months of emergency fund.
5. Stay out of all conumer debt. No credit cards, (i dont play the chasing points game) no car payments, no loans.
6. Buy a house that you need not want. A house that is below your budget. Remodel over time instead of buying move in ready above your budget. Always buy a home below your means.
8. Pay off that house early before retirement. We paid ours off in 10 years instead of 30.
9. Invest heavily (close to maxing out) into at least one 401k/roth ira for a minimum 10-15 years while working.
10. Have multiple streams of income when you do retire.

KevinNordstrom
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Good job. Surprised to see a channel with 8k subscribers earning $700/month. Gives hope.

LordAstrowaffle
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You are giving my husband and I hope. We are so stressed in our jobs and need to get out and enjoy our life. Thank you

melnaden
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Thank you for sharing and being so open and transparent.

caswellanderson
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Very inspirational, thanks for sharing!

sustainlifejournalyoga
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Really appreciate your transparency. Love your channels ❤

barbbouma
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I appreciate you both sharing all of this. It does help. ❤

angelapate