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TheRetirementality
United States
เข้าร่วมเมื่อ 26 ก.พ. 2019
On this channel, you will be able to watch videos about how I've created passive income through investing in short-term vacation rentals. There will be some videos on how to create wealth, some videos on how to retire early, some videos about my travels, and probably some videos just for fun.
My mission is to change your mentality on retirement aka "Retirementality". In today's world, retirement doesn't mean working until your 65 and then sitting on a beach. It is more about achieving Financial Freedom early in life so you can sit on a beach and work remotely, or work for 6 months and take a year off, or whatever your dream might be.
Thanks for stopping by. Check out some videos and hopefully you will find value in them and want to subscribe so you don't miss anything.
You can also check out my blog www.TheRetirementality.com
My mission is to change your mentality on retirement aka "Retirementality". In today's world, retirement doesn't mean working until your 65 and then sitting on a beach. It is more about achieving Financial Freedom early in life so you can sit on a beach and work remotely, or work for 6 months and take a year off, or whatever your dream might be.
Thanks for stopping by. Check out some videos and hopefully you will find value in them and want to subscribe so you don't miss anything.
You can also check out my blog www.TheRetirementality.com
Is it worth to buy a vacation rental in Puerto Rico 2025
The market for vacation rentals is getting tougher everywhere. If you've been thinking about buying an Airbnb in Puerto Rico I'll talk about some of my expenses and we talk about whether it is still worth it for you to invest in an Airbnb in Puerto Rico. Buying real estate is always a risk so the more information you can get about investing in rental properties in Puerto Rico the better off you'll be.
มุมมอง: 120
วีดีโอ
How Elections Affect Real Estate Prices
มุมมอง 3892 หลายเดือนก่อน
Everyone seems to be waiting until after the election to buy or sell real estate. So how do elections really affect real estate prices. I found some data that shows real estate prices have reacted pretty much the same after every election. I'll show you the data and tell you how I think this election will affect real estate prices.
The Truth about how Hurricanes affect Home Prices
มุมมอง 4.7K2 หลายเดือนก่อน
After a Hurricane I also see lots of comments online about how to get deal on beach houses. So I'm going to go into detail about how hurricanes impact real estate values in the short term and the long term. Many people have misconceptions about how property values are affected by hurricanes. www.sciencedirect.com/science/article/abs/pii/S0095069622001231#preview-section-introduction www.tampaba...
8 Tips to Protect your Retirement from a Changing World
มุมมอง 3122 หลายเดือนก่อน
There are a lot of factors to think about when planning for your retirement. We think about inflation, and we think a lot of running out of money. But, I don't think we think about how much the world is changing. Here are 8 tips to consider that will protect your retirement savings and make your dollars stretch farther.
How I went broke And Retired Early AND moved to an Island
มุมมอง 7592 หลายเดือนก่อน
I went broke in 2008 when the real estate market crashed. I was living in Montana and after I lost everything I moved to beach. I had never been back to Montana until now. I went back to see my old stomping grounds and revist all of the properties that I lost in foreclosure. I thought it would make a good video about How I lost everything, and how I started over. And I was able to retire early ...
Should you Pay Off Mortgage or Invest in Stock Market
มุมมอง 6205 หลายเดือนก่อน
If you are trying to retire early, or just retire at some point, you will ask yourself if you should pay off the mortgage early or invest in the stock market. And this is a tough questions. It's not as simple as looking at the interest rate on your mortgage and the average returns of the stock market.
4 uncomfortable truths about retirement
มุมมอง 4K6 หลายเดือนก่อน
There are about a thousand things you have to do to prepare for retirement. And if you get 100 of them done you're probably doing pretty good. But, there are a lot of things you may not have thought about. And I try very hard to help your retirement planning process by helping you think about things you might not have know where important. So I've got 4 uncomfortable retirement truths in this v...
My honest advice to someone who wants financial freedom
มุมมอง 1.5K6 หลายเดือนก่อน
It's been a while since I made a video about how to reach financial independence. So if you are seeking financial freedom or what to join the FIRE movement. This is video is for you. Whether you are 1 year or 20 years away from retirement the concepts in this video will apply to you. I tell about the mistakes I made along the way, so you don't have to.
Cost to Retire in Florida is EXPLODING - The real numbers
มุมมอง 6386 หลายเดือนก่อน
When you picture retirement, most people see lazy days on a beach or active days on a golf course. And Florida has been one of the top retirement destinations for decades. Florida has low taxes and warm weather. So it is easy to see why people want to retire in Florida. But, lately costs have been going up. Yes... costs have been going up everywhere, but there a couple of factors making them go...
Millionaire Middle Class ~ the new reality?
มุมมอง 1.9K6 หลายเดือนก่อน
There are more millionaires in the US than ever before. And as inflation squeezes the middle class, net worth is going up. So what does it take to be in the middle class these days. Do you need a million dollars to be middle class, or upper middle class. Where do actual millionaires think they rank? What net worth do you think it takes to make the cut?
The illegal Immigrant Crisis Causing the Housing Crisis
มุมมอง 8627 หลายเดือนก่อน
With 10 million illegal immigrants coming in the US in the last 3 years. But 9 million legal immigrants what are they doing to housing prices. No one is talking about where these people are going to live. The US currently has 6 million fewer houses on the market that what the demand need to be filled. And with 1.5 million new houses built in 2023 how will we make up the difference?
I Need your Help and Advice!!!
มุมมอง 3427 หลายเดือนก่อน
We just hit 10,000 subscribers on this channel! Y'all are awesome. Now I want to put you in my next video. I'm going to tell you where the channel is going and what is coming in the future. And I want your advice. So check out this video and watch to the end to find out how you can help me, and get on my channel.
Cost to own an Airbnb in Puerto Rico ~ Actual numbers
มุมมอง 4K7 หลายเดือนก่อน
If you wan to own a vacation rental, a second home, or live in Puerto Rico it's a good idea to know what it costs to own a house. So if you are planning to rent out your house on Airbnb or live in Puerto Rico full time I'll show you what my expenses look like to own my house. I'll go over taxes, insurance, utility expenses and everything else I can think of that you need to know before you buy ...
Retire Early ~ Don't waste your time
มุมมอง 9K7 หลายเดือนก่อน
When the topic of retiring early comes up there are two main objections you hear. I'll get bored, and I love my job. Also, the question about how you know if you have enough money. So people are scared of retiring because of these unknowns. But, I believe that we can get some pretty good answers to help up feel more comfortable about our retirement. Retirement in general is scary and so retirin...
Traditional Retirement is Dead
มุมมอง 1.8K7 หลายเดือนก่อน
When our parents retired they just tried to live a simple life. They just wanted to keep their heads down and spend as little as possible are not have to worry too much. But today people want to travel and see the world and really enjoy life in their retirement. So we need to reframe how we think about retiring.
Avoid Living In A 55 Plus Community - Problems In Adult Retirement Communities - Don’t Buy 55+
มุมมอง 64K7 หลายเดือนก่อน
Avoid Living In A 55 Plus Community - Problems In Adult Retirement Communities - Don’t Buy 55
Slow Travel or Expat or Flex-pat - Which one is Best Retirement?
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Slow Travel or Expat or Flex-pat - Which one is Best Retirement?
Should you Retire in Puerto Rico - Pros and Cons
มุมมอง 99K8 หลายเดือนก่อน
Should you Retire in Puerto Rico - Pros and Cons
How to Fix Clogged Dried Caulk Fast and Easy
มุมมอง 2008 หลายเดือนก่อน
How to Fix Clogged Dried Caulk Fast and Easy
NAR lawsuit Crushing Home Buyers and Realtors
มุมมอง 6498 หลายเดือนก่อน
NAR lawsuit Crushing Home Buyers and Realtors
NAR Lawsuit Settlement BAD for buyers and Sellers
มุมมอง 2.7K9 หลายเดือนก่อน
NAR Lawsuit Settlement BAD for buyers and Sellers
The REAL cost to Retire in Spain vs Florida
มุมมอง 7K9 หลายเดือนก่อน
The REAL cost to Retire in Spain vs Florida
Will Boomers Crash Real Estate 2024 ~ Silver Tsunami
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Will Boomers Crash Real Estate 2024 ~ Silver Tsunami
How much you need to retire is the wrong video!
มุมมอง 2K10 หลายเดือนก่อน
How much you need to retire is the wrong video!
How Bad Retirement Planning will Crush You.
มุมมอง 2.9K10 หลายเดือนก่อน
How Bad Retirement Planning will Crush You.
What if you could Practice Retirement?
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What if you could Practice Retirement?
How to Buy Puerto Rico Real Estate in 2024 (plus market predictions)
มุมมอง 18K11 หลายเดือนก่อน
How to Buy Puerto Rico Real Estate in 2024 (plus market predictions)
Where in Puerto Rico is this house?
I think he said Humacao in an earlier video.
It's in Humacao
@@RobertBrown-sd5dy Yea Mon... that is correct.
I thought there was no capital gains in PR?
That’s only if you have an Act 60 business (which requires you live half the year in PR, among other things).
@@cathymazak4979 correct, and you have to pay a fair amount of money to qualify for Act 60 as well.
"Retirement is the death of the brain!" Said a Nobel price in neurology who was 90 years old, when an interviewer ask her "when will you retire?!"... Keep use your brain and muscles!
I don’t understand why the hotel would charge people for a new roof, where’s the HOA money going that I’m paying? Should the HOA fee be part of that?
Our generation got no help from our Boomer Parents and are still supporting Adult children. The economy changed so much for us . Had no idea how expensive raising a family would get after 2000. I will never be able to retire.
Retirement is more challenging now than it used to be. I've focused on saving rather than investing, and currently, I have about $400K. With inflation on the rise, I’m considering investing in stocks, but I’m not familiar with effective market strategies.
Are you planning to retire before 59? That's the key factor for me. I transitioned to cash-flowing assets because I wanted to retire early.
Given the current pressure to prepare for retirement, I highly recommend seeking guidance from a financial advisor. This will help you make more informed investment decisions.
Do you have any recommendations? I’m looking for a CFP to help grow my retirement account.
I consistently recommend Rebecca Lynne Buie as my top choice. She is well-known for her expertise in financial markets and has an impressive track record. I highly endorse her services.
I looked her up and found her webpage. I’ve already sent an email and scheduled an appointment. Thanks for the recommendation!
The biggest issue with 55+ communities is that these retired people have nothing to do but gossip and make trouble for their neighbors. The concept is good, it’s the people that are a nightmare
Thanks for the shout out! We really appreciate it! Glad you found value in our term, Flex-Pat! Happy Journeys! John & Bev
I'd never consider living anywhere with a HOA. Deal breaker. I've been putting up with idiots my entire life. I'm not paying for that now.
Where is the air bnb located if I want to book I plan on starting real estate in Puerto Rico. Hopefully that can give me some knowledge as to how this process works n buying rental property
The house is located in Humacao. You can check out some of my other videos about buying real estate in PR. Some of them are a few years old but the information is relevant.
I want to co list with people. I wonder if I have to live in PR to co list n property manage Who is the management company. I do want to have rentals in PR but I have to make a capital first. So maybe colist for now or manage it for someone
That is going to be tough. You have to figure out what you bring to the table and why someone would want to co-list with you.
My wife and I lived in a 55+ community called View Point in Green Valley Arizona. Worst decision we ever made… To many rules and regulations, someone was always trying to control your life as well as what you could do… You could paint your home any color you wanted so long as it conformed to the pre approved “desert shades” of mud, dirt and sand… We felt like the youngsters in the neighborhood, probably because we drove and still do drive “those odd little foreign cars” MINI Coopers… If you’ve got a flagpole on your property you were told you couldn’t light the flag at night as the light interfered with pilots flying planes at night. Last time I checked the rules surrounding the displaying of our nations flag were not controlled by an HOA… You were prohibited from leaving your garage door up unless you were in the garage. In the desert enclosed garage temperatures could reach well over 130° and remain so for hours after dark. If you had a freezer in the garage it would never shut off… You couldn’t set your trash out before a certain hour on pick up day and had to have it off the curb within a certain time allotment… The southern Arizona medical community had a real problem following Medicare Guidlines (rules), they just didn’t care because if you died there were more oldsters waiting to take your place… Pima County Sheriff’s Department didn’t care to follow the law either, preferring to do as they pleased right or wrong… We no longer live in an HOA, in fact we’re no longer residents of Arizona, best decision we’ve ever made.
Happy birthday
Thanks!
You were wrong. I lived in an over 55 community in Florida and I lived it. The only ammentiy we had was aswimming pool and a club house. We also have HOA with regulations : No pets (noise and no poops on side walk) No over size vehicles on driveway on streets (icluding all recreation vehicles or boat) No working on cars on driveway or opened garage. No landscape or plants, flowers outside home - are including in HOA. All resients must be recorded in HOA. I was sure including no one under 18 outside.
Do you have any recommended lenders that do 5-10 percent down in PR?
No, I didn't get a loan in PR. I pulled some equity out of one of my houses in the states to buy in PR.
Retirement becomes truly rewarding when you have two key components: a solid financial foundation and a clear sense of purpose. Making wise investment decisions is crucial to achieving strong returns and enjoying a secure retirement.
Rising costs have impacted my original plan to retire at 62, work part-time, and grow my savings. I can't help but wonder if those who navigated the 2008 financial crisis had an easier time compared to the challenges I’m currently facing. Market volatility, combined with a lower income, has me concerned about having enough for a comfortable retirement.
You’re absolutely correct-financial advisors have access to strategies and opportunities that aren’t always available to the general public. I earned £560k in 2022 with guidance from my fiduciary advisor. Am I cashing out? Definitely not. I’m taking a step back to watch how the market evolves.
I’ve been considering that path myself. I have a significant stock portfolio, but some holdings are starting to decline in value. I'm unsure whether to hold onto them or sell, and I think hiring your advisor could help me effectively restructure my portfolio.
Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.
Thank you for the recommendation. I did some research on Rebecca Lynne Buie, and fortunately, I found her details. My goal is to retire in five years, and I’m hoping her expertise can help me make that a reality.
I lived in Isla Verde for 4 years and loved it 😊 I shall return for vacation?
We love Pinones. I was just there a couple of days ago.
It looks like a nightmare to me. A bugs filled slum.
It's not for everyone and some parts are better then others.
I have lived in a 55+ community in Maryland for 16 years. It is a condo consisting of fairly large villa townhomes. I have had very few problems with the condo regulations. I find they keep the community looking very nice. We get snow removal, landscaping, rain gutter cleaning, amenities (which I hardly use but my wife does occasionally) all exterior maintenance is done by the condo except concrete like driveways. I have not noticed many cliques at all. We are going to sell our home and are moving to Texas because my wife's relatives are there. We are moving into a 40+ community near Dallas called Robson Ranch and are buying a $1,000,000 home. The construction seems very good and there are 5800 people living there and they opened for business I believe in 2002. They will be building for another 15 years there, or so I am tod. The have an amenity center that would knock your socks off and the HOA fees are 1/2 of what we are paying in Maryland. Go www.robson.com to check it out if you are interested.
Because I like making money.
The key is figuring out how much is enough. I like make money too. But I spent the last two weeks in Puerto Rico and now I'm in Spain for a month... that is fun too.
How about building a house in PR. What areas do you recommend?
That is personal choice. You really need spend about 2 weeks and drive around the island and one or two nights in an airbnb and find an area you like. That's how we did it.
Both my parents were apple software developers so I have connections with apple Im web developers & software developer
That's great I hope you can put all of that to good use.
I like rules
Look there are more puerto ricans in the stats than the island can hold that being said the majority of us want to buy a house and retire in our main land its bad enough black rock ruin homesteding in the states and now we have to compete with you poeple gtfo seriously if you any kind of integrity honor and respect you will not buy a home in puerto rico we do not want puerto rico to turn into Hawaii we are not as friendly as them eaither so please dont even watch this nonsense
Stop saying we you not part of the we
Omfg humaco definitely gtfo !!!!!!
We don't want our island to turn into Hawaii please do not retire in puerto rico. Also puerto will never become a state 90% of home owner do not own deads and for the love of God stop saying puerto rico like wtf
Well they are overrun with boomers who are the absolute worst generation the country ever created.
Imo, the Puertorriqueños are consistently being financially/economically raped/violated. The Jones Act should no longer be in existence.
Retired at 57 and hate it. Only did it because I have $$$. Bored out of my mind
Try spending some of your money. I just spent the last two weeks in Puerto Rico and now I'm in Spain. Buy a boat and start fishing. Take some classes. I'm super busy. Start a youtube channel and talk about why retiring early sucks. Most of the people making videos about retiring early haven't even retired and they just want to sell you course.
My husband and I are doing well with pur retirement investments. But one big concern is that we're the sandwich generation. Our parents' health is getting worse right about the same time our kids are finishing college. Our ability to retire, and enjoy that retirement, is highly dependent on how much support (financial, physical) we end up javing to give our elders and our kids.
I don't have those financial worries as I don't have children and my parents won't need money. But I'm looking at moving abroad and wondering how much care my parents are going to need. So there are many things to consider.
I retired to Humacao 2 years ago. And absolutely love it.
Congratulations. Are you in Palmas or somewhere else? It's a great area.
@ closer to the Home Depot side. So not far from there. And thank you
Apparently “retirement mentality” means turning off your brain entirely and then spewing all the standard-issue Ugly American talking points about how “dirty” immigrants are ruining “our” country :/
It takes this absolutely manic dude an unfocused, repetitive 8:30 minutes to explain that “flex-pat” literally means slow travel…but maybe just a little bit slower 😢
Sounds like TikTok videos may be better for a person of your intellect.
You sound like a total idiot… I’ve been living in a 55 community for three years and it’s the best thing I could’ve ever done in my life… why, to start off it’s much quieter.. You don’t have the hustle and bustle of the average noisy adult families to deal with.. there are community events that you can be part of if you want. Or you can be left alone…. It’s just a more peaceful atmosphere. But you seem to have a problem with that.. it sounds like you have no idea what it’s really like. I’d say get your act together and stop telling lies.
We just visited PR for a week and stayed in San Juan. Its definitely a 3rd world country and a nice place to visit. Im fluent in Spanish and my Wife is a "NewYorican" who up until now has never been there. She has a LOT of health issues and if she gets bit by one mosquito swells up like a balloon. Im thinking we'll just pass on the whole idea of living there and make repeated trips to there if we need to get away. Thanks for sharing your life and opinions 🙏
Yea I'd say it's not a good fit for you. I was just there for a couple of weeks and had a couple of different visitors. It was interesting to see how some of them had legs full of bites after a few days and some of them didn't. It's not for everyone.
@TheRetirementality I feel that the United States should completely give Puerto Rico to them via a treaty on calendar year 2045 and let them be 100% sovereign. Just my 2 cents. The United States did the same thing for the Panama Canal and they're doing extremely well for themselves. They need to make their country "their own" and take pride of ownership
NO DO NOT MOVE HERE
We don’t like your gringo ass in the island
Your property taxes aren bad, and your wifes health insurance is less than i would guess. But its probabaly a high deductable, where in spain there probably isnt. Taxes will be more in Spain, but it's somewhat getting what you pay for.
That is exactly it. That is why we left the USVI, we didn't feel like we were getting what we were paying for. It isn't just about the money either. We are looking for a new adventure. But when you are looking to move to a far away place the finances are definitely a consideration.
Looking into a rental property in Palmas, who is your property management company?
I'd shop for one inside of Palmas. I don't think my guy does any properties in there.
Roof video please
My mom was in a wonderful 55+ community. There was one thing that really bothered her, and that was having so many neighbors, people she liked, getting sick, going off in an ambulance, or dying. It was a huge community and there were sirens daily. We've decided to stay where we are while we can and we get to know the younger people in the neighborhood. I really enjoy seeing the little ones riding their bikes, or coming around for Halloween, or running for the ice cream truck.
Those are great points to consider that I didn't mention. Thanks for the comment.
Very helpful info! Yes, please do a video on CRIM!
Thanks. It's been a while since I made that video and I forgot about that video idea.
Please make a video of the pros and cons of hiring a management company
I might make this video in the near future. Thanks.
🗣 --💥 🏝 "CÓMO PUERTORRIQUEÑOS 🇪🇸🏝🇵🇷 TENEMOS LA RESPONSABILIDAD, EL DERECHO Y LA OBLIGACIÓN DE CONTINUAR LUCHANDO, DEFENDIENDO Y PRÓTESTANDO POR NUESTRA CULTURA, DIGNIDAD, IDIOMA, IGUALDAD, MORALIDAD, IDENTITAD, RESPETO Y LIBERTAD PATRIÓTICA DE NUESTRA TIERRA QUERIDA, LÍBRE Y SOBERANA." ---- ¡PÁL CARAJO LA junta físcal, LA junta estatal Y LA junta federal; JUNTO CON LOS MALDITOS gringos Y LOS MALDITOS vende patria DE NUESTRA QUERIDA ISLA, LÍBRE Y SOBERANA! ---- "YÁ... ES HORA DE LEVANTAR LOS MACHETES 🗡️✊️🗡️ EN MANO CONTRA LOS MALDITOS yanquís Y LOS MALDITOS vende patria DE NUESTRA PATRIA QUERIDA, LIBRE Y SOBERANA." ---- ¡SEGUIREMOS EN RESISTENCIA! ---- ¡VIVA LA LUCHA ANTI-IMPERIALISTA! ----"NO HAY TRIUNFO SÍN LUCHA, NÍ LUCHA SÍN SACRIFICIO." 🗣- "PUERTORRIQUEÑO DESPIERTA Y DEFIENDE TU PATRIA... ✊🗡️✊." 🗣- ¡QUÉ VIVA LA MADRE PATRIA ESPAÑA Y LATINOAMÉRICA UNIDA CÓMO HERMANOS QUE SOMOS... 🇵🇷 🇭🇹 🇩🇴 🇨🇺 🇨🇱 🇦🇷 🇻🇪 🇨🇷 🇺🇾 🇬🇹 🇵🇪 🇯🇲 🇦🇬 🇵🇭 🇵🇦 🇦🇼 🇬🇾 🇹🇹 🇪🇺 🇨🇬 🇵🇾 🇪🇨 🇭🇳 🇲🇽 🇵🇹 🇨🇴 🇮🇨 🇧🇴 🇧🇷 🇪🇸...⏰🗡💣💥🏝️ 🌎 ...! 😇🙏-- ¡OREMOS POR NUESTRA LIBERTAD Y SOBERANIA PUERTORRIQUEÑA! 😇🗡🙏🗡¡SALMO - 20... AMÉN, AMÉN Y AMÉN...!
So if i have a pension with very little savings, will that give me a boost?
It just depends on how much you spend. Obviously a pension will help. It's not about how much money you make... it's about how much you spend.
😂 this shouldn't be a problem really but Great video, one that folks really need to watch. I' m 50, retired a while at 45. 1 have 35% of my capital invstments in an IRA. 25% in index funds, and the balance spread across other investment accts. in cumulative of over $ 5M. I receive income from my rental properties too. Zero debt and all is going accordingly.
But let's not forget how the global economy plays into all of this. Economic instability, inflation, and market fluctuations can further complicate matters and add to people's financial worries.
Social as well as Financial planning in retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
No doubt diversification cannot be overemphasized, making smart plans and setting up diversified investment portfolios is quite essential.
Honestly this cannot be overemphasized, helping people mitigate unforseen circumstances and mistakes .It's always good to have a financial plan,
Please could you guide me on how to get in touch with your advisor? My funds are being eroded by inflation and I seek a more lucrative investment strategy to effectively utilize before I consider retirement
Low wage jobs reinforce low self esteem & desperation in children & adults
In adults maybe, but I think they are good for young people to learn about how the real world works.
@ children who are properly prepared on capitalism don’t need to waste their time and suffer unnecessarily for little return value. They already know how to make money the smart way. Leveraging their skills and talents
@ the working class love to send their children to low wage jobs
What can I expect if I wanted to grow a vegetable garden there? Do they sell seeds? can I import seeds? etc..
Thanks