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Everytime I get pissed of at work, I eat less and use the money to bought couple more shares of VTI. I let my anger fuel my motivation.

Gonna go for Lean Fire. 20 years left till 50. Should have time enough to get to 300k. 10y left on mortage, so I'll be debt free at 40. Can't wait to get there. :)

Nice little system you got going there. Guess I kinda work the same way. Every month I start with 2k in checking (as a buffer). Savings go out of there asap. Get paid, pay bills,food etc... At the end of the month, everything above the 2k also goes into savings. Been doing this for 3 months now. If the extra amount stays stable I'll also add it to the auto-saving.

Good luck with the channel.

Super cool story. Intro was fun to happy--I enjoy seeing this creativity and personality come out.

I could never afford a home of my own, at 60 I have never experienced even living in a house. My rent doubled since covid so my monthly expenses are $2500. My plan is to continue to live here until 62/63 and then move to a cheaper area. That would cut $700 or so per month, and my $176 a month car payment would be no more. At that point social security would cover my basic needs if I had to take it. But my target social security would be at age 70. Was planning to work until 62 but the new, younger management started replacing older workers. So I taught myself options trading 2 years before leaving work and invested in dividend funds to cover basic expenses. These first 8 months I have cleared $5k after expenses on average, and either stack cash or buy more income funds. I feel more self employed than retired.

I agree, a big factor in retiring is getting your living costs to a minimum, pay the mortgage early, clear your debts and then it’s just food, bills and it depends on other lifestyle factors how large a lump sum you might need

I’m planning to live off of dividends. Currently making $500 per month. Once we hit $2000, then we might retire. Probably turn into snowbirds for the winter and work part-time in the summer. We will see.

Hi Randy, Give some thought about working a little just to earn enough income to fund a ROTH IRA each year for the both of you. Call it insurance against FUTURE High Inflation. You will be glad you did!

I'm 38 and just hitting the halfway point of my fire goal, definitely can do it. I do raise my eyebrow when you mentioned health ministry as an option for healthcare cause that is a mlm scam masquerading as charity, please don't use it and don't recommend it to others

Good videos! Great channel! Your authenticity is very inspiring. Don’t stop making videos.

Paycheck , 5k...no wonder why you re living in Hawaii...😅😅

Really liked your video , new subscriber here. 55 and thinking about retirement..

This may sound silly, but a used low mile Toyota Camry purchase was one of my best choices. It just keeps going! I paid it off in 3 years and then had extra money to payoff my house. I used to want a new kitchen. For who? It’s not worth another day in a soul sucking job! Retiring at the EOY!

I decided to stay single after my divorce at 45...continued working for 15 years to build back my nestegg...a lot of hard work and self discipline for sure...u must have goals in life and stay focused on those goals to see them through.

This is almost exactly what we did. Had enough money to get by retiring at 59 until 65 when I started collecting SS and signed up for medicare. Just a little bit better than median incomes for the duration so we weren't rich. But we travelled the world in retirement and we didn't go without a lot. The only thing that really didn't go "to plan" was me living longer.

I actually love my job. I just need to get to 65 so I can work part time. In order for me to receive medical benefits, I need to work full time. Once I am 65, I can work minimal, go on Medicare, and will retire when my employer decides I need to leave. We have many employees in theirs 70's and 80's still working strong. This is what I like about my industry and company. No force retirement. I also need to work to stay mentally and physically healthy as I took 10 years off and had a taste of what its like not to work. I wouldn't know how to keep myself busy during retirement. I am also single no kids so it would be lonely for me should I retire.

Def gotta sacrifice. At 31 in 2002 we downsized to a $14k doublewide in a $240/mo trailer park. 5 years. Been FI since before it was a thing, but it takes being uncomfortable for a while.

My mantra has been and remains, keep your overhead as low as possible. Not only does this free up a lot of income for saving, it also means that if your circumstances change for the worse, you are set up to weather it. Low overhead is everything. People fiddle around with cutting coffee, etc. It’s all helpful but going after the very big items first is the key - housing and cars. It’s huge. Well done.

"What are we willing to do for this" is a great question

Thank you for this commentary. Gen X FI person here. Nice advice and well delivered.

Gotta be willing to give up that grand lifestyle sometimes, its not absolutely necessary but it'll help get to freedom faster. Good content Randy, subbing for more!

Love the part on the "It doesn't have to be your forever." Ultimately, going through these "sacrifices" creates a memory and nostalgia of their own.

Going from 5,000 to 5,500 is a 10% raise not 5%. But, I get what you're saying.

5k every two weeks. I wish!!

I'm just starting to invest, and honestly, I keep hearing so many mixed opinions about asset allocation. Some people swear by ETFs and index funds because of the broad market exposure, but others mention how underperforming stocks within them could dilute returns from stronger performers. It’s got me wondering, should I be more selective with my choices, now? Especially since, almost as soon as I got started, I saw them mirror the market dips way too closely. I’m focused on hitting financial independence early and I’m not sure if being selective is smarter now, or if I’m just overthinking this

Concise summary, thank you. Reached medium+ FI in late 40s and approve your message👍

about to be 36. had my 05 civic for 8-10 years? somewhere around there. got it for $3,000. she is rusting on the driver side sadly. but other than that, great car! still drive it daily. currently 156,xxx miles.

Great advice Randy, thank you

Beautiful video💔💔

I just subscribed to your channel ( CBT)

Sam retired earlier than he thought he was going to

That was a powerful video, thanks for sharing. I'll ask a question, with no strings attached..... why wouldn't you disclose "Sam"' 's real name? Not full name, just the first name.... and I'll tell you why I'm asking... I once read that you actually die twice. Once when you actually die, and then again when people stop saying your name. Nobody knows "Sam", but putting his real name behind such a powerful story would keep him alive in some regard.... I know I will say a prayer for "Sam" tonight because through you telling his story he is still alive and making an impact on people even though the circumstances are terrible and sad. And there might be good reasons not to say his name, don't feel you have to... I thought I'd just share. And apologies and all this rambling made no sense..... God bless, and thanks again for sharing.

"The most dangerous risk of all - the risk of spending your life not doing what you want on the bet you can buy yourself the freedom to do it later." - On the wall of my office.

I've seen this happen way too many times. People checking out just before or very shortly after retirement. Find your happiness/freedom, be it at work or outside it, but don't wait for retirement to live your life.

I've been working on building my path to early retirement for a couple years now. I figure I have 3 more years to go.

This was really moving! 🥹 Glad you shared it!

Seattle!!! Amazing place.