Myths, Lies, & Untruths About Retiring Early | What You Really Need to Know

Our Rich Journey – Have you ever questioned whether FIRE was for you? Have other people questioned your FIRE journey because they don't completely understand the concept behind FIRE? If so, this video is for you! In this video, we delve into the misconceptions surrounding early retirement. We separate the truth from the hype, laying bare both the financial and lifestyle considerations that can make or break your FIRE journey. Whether you're already on your FIRE journey or still contemplating the first step, this video will dispel misinformation and provide serious reality checks along the way!

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[OurRichJourney]

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[GreatLake]

Haven't seen yall in a while. Glad you are still happily retired and are willing to share your experiences with us!

[astorsimovitchlaw]

Can you please make a video on how you handle paying US Taxes (unless you have renounced citizenship).

[hikeon]

Thank you both for this encouragement. I'm in a place in my journey where I feel like I have a lot of spoons stirring in the kitchen, but ain't nothin really cookin. Yes, I had to type that the exact way I'm feeling right now.😄 Time will march on, so I guess at some point, if I keep working on it, we all gon eat someday. 😂

[evadeanu]

You are smart people and I respect you very much. Wish I knew you 40 years ago. Stay well

[heckyesitsjess]

Can you post the link to options for Healthcare if you've made a video?

[satcheldennis]

Thanks for always bringing a good message

[curtisdavis]

Excellent topic!! FIRE for all people...but Time required. Love your channel ❤️

[David-lset]

Good morning! Was amazing to see you guys at the 5 year anniversary. Another thing people dont realize about health insurance is the cost in other countries vs usa. Most countries have public and even the private health care is affordable. But again that is OUTSIDE the usa hhhaha

[ogonzalez]

Thanks for the great info y’all and it was great seeing y’all at Niva the other night! Sad i couldn’t make it to the meetup in Lisboa but are trip had already been planned when y’all announced it

[cayman]

ill be in Lisbon Friday hope to see you guys

[CarlosRodriguez-vgob]

hi guys, I just found you and oh wow.. our plans are to move to either Spain or Portugal so your video comparing the two was great. also your video on the cost of living in Portugal, but do you have an updated one for what the cost of living is after stupid covid? I was trying to look at some real estate out there and it has gotten more expensive than when you guys bought that BEAUTIFUL house with the amazing garden that my wife and I are dreaming about. we also looked at rental and actually in Lisbon is almost as high as the USA. I love what you said about the central area where you guys have your tiny house but my wife also like Porto so we dont know. but anyways, what is the cost of living looking like these days? WE LOVE YOUR VIDEOS. SO MUCH INFO

[juniorjeune]

I have the course, still confuse how to come up with my fire number.

[phillyboylaboy]

Happy Fathers Day sir. Great couple. Thank you for sharing your experiences and recommendations. I am planning of retiring overseas from the US. Do you or did you ever need to change domicile to eliminate paying state tax? I see alot of people doing it and getting a domicile in states like TX, FL and SD. Ty.😊

[maxineoliver]

Happy Anniversary, and Happy Fourth of July to both of you!!🤗🎊🎊🎉🎉

[dres]

Great info, especially myth number 6!

[dionneking]

Happy Father's day and thank you both 0:28

[teribond]

Does your F.I.R.E. number multiplier depend at all on your age when you retire? I am almost at "normal" retirement age and am wondering if a lower multiplier may be appropriate.
People have not said much if I tell them, they mostly rolled their eyes.

[jeannettedrown]

Happy father's day, Amon! I've been curious for a long time - did you ever sell covered calls or cash secured puts as a way to make extra side income?

[josephstupar]

When you get your budget set, traveling is easy, every month me and my wife save 3, 000 so taking a vacation doesn’t even cost us one month savings.