Early Retirement in One Lesson (or How I Retired at 30)
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- เผยแพร่เมื่อ 13 พ.ค. 2024
- This is a talk I did for the 2016 World Domination Summit in Portland Oregon. The idea was to take a new audience from zero to hero on the whole concept of the "How and Why" of getting wealthy enough so that you never have to work again - while you are still young.
This was originally published on the WDS Vimeo page, but not many people are seeing it there.
Since I have seen other people re-posting without permission it here on TH-cam and getting millions of views, I thought I would do so myself, since it's my own work!
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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.
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.
This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than a million by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like Natalie Noel Burns who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
For the average investor, the stock market is the best tool for long-term wealth creation. Still, many people can’t take advantage of it because they are trying to make quick money from the stock market. I put about $200k into the market and held good positions
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists
@@neilpatrick-xj9yr A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to stay afloat, hence I engaged the services of a true market strategist to help rejuvenate my 700k portfolio and boost performance and returns by 40% in a little over four years
@@RasmusLarsen-kt6vz Can you refer me to this individual please?
@@neilpatrick-xj9yr I'm being guided by LINDA A STEINER who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
@@RasmusLarsen-kt6vz I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.
Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Mind if I ask you to recommend this particular coach you using their service?
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I'm a single, 43-year-old father who resides in Hamburg. If everything continues to go well for me, I intend to retire at age 50. I couldn't be happier right now than I am that I just bought my first house last month. I'm so happy that I made wise choices that altered my life forever.
Salutations, dude. At your age, you're doing extremely well. I'm 54 years old, and right now my finances are a mess. Any helpful advice would be greatly appreciated in helping to mold my life. I want to buy a home of my own.
It seems like I used the FIRE movement to manage my finances. Investigate it further by doing some research. With the help of a financial professional, they were then successful when investing in stocks, cryptocurrencies, and real estate.
I encountered Julie Anne Hoover through my wife, and I emailed her. She is guiding me. Since then, she has given me chances to buy and sell the stocks in which I'm interested in. You can hunt her up online if you require care supervision.
@@jeffery_Automotive I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Julie up and send her a message. You've truly motivated me. God's blessings on you.
Wow, good for you. Reading this is so inspiring.
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
@@MaryPatricia-wr3wj This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name MARTHA ALONSO HARA and everything changed. I started enjoying huge returns from my investment.
@@user-wx7qe4ch9f Oh, that sounds good but how do I reach out to MARTHA ALONSO HARA
@@MaryPatricia-wr3wj quickly do a web check where you can connect with her, and do your research with her full name mentioned
@@user-wx7qe4ch9f Okay, thank you. I just found her website very impressive and dropped a message for her.,. I hope she replies to me
I'm 39, really looking forward to learning how I can retire by 30 in this video 😀
😬someone tell him
trainsirf sry, No can do. Suck at math
Sorry but you are to late. Im also to late, but it's never to late to begin! Your goal should be at 50 but my goal will be at 35. Im had alot of focus for it couple years already and im saving about 80% my income now and most likely i will get the cabin from my grandmother in inheritance and i will be turning that into a home so i will be most likely be debt free with a house when that's fixed up (rehabilitate) and that's will also increase the value for the property.
@@MrLasox thanks for stating the obvious and confirming I'm already too late to retire by 30 🙄. I was literally sitting here calculating how I can be Benjamin Button. Thank you internet.
Lasse Yeah damn good plan!
This audience is the wet dream of every standup comedian.
They're laughing at everything, even the non funny stuff (which is 80% of the talk). Like wtf
I don't know about that. Chris Rock said he didn't like it when audiences were too excited to hear his material and they just laughed at everything. He said if he felt that vibe, he'd take the audience close to being disappointed so that he'd have to work for their genuine laughs. That insight into human nature, combined with the desire to work hard at something he loves, is the difference between someone getting paid to perform a task and someone dedicated to refining their craft.
@@ella3505 Stand up comedians supposedly have a fantasy where they have orgasms because they are so excited. This audience is meant to be such a fantasy for stand-up comedians because the audience easily and enthusiastically laughs at things that aren't really funny.
As someone who watches a lot of standup, this comment was hilarious
In the first few seconds he said
“Today’s Saturday” or some shit like that , and they laughed -___-
I'm hoping to retire next year at 55. My goal next year is to be more serious and consistent with my investments I've been investing since I was 22. 2024 is going to be more serous for me investing consistently for the long term. starting to save for a house down payment. I want to invest more than $105k, but I'm not sure on how to mitigate risk.
Best thing you can do to derisk is diversify.
Its unclear which stocks and sectors will lead the market in the next uptrend. It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?
Her name is “Melissa Rose Francks’’ can't divulge much. Most likely, the internet should have her basic info, you can research if you like
“Work is better when you don’t need the money”
I’m not retired yet, but I have already found this to be true.
@Johan Lammers Good luck friend! I wish you the best on that goal :)
I want to feel this "betterness"!
This is why I separate my passion and money.
@Johan Gustav Lammers 00
@Johan Gustav Lammers 00
Once I realized that true wealth is about needing less and not having more everything changed for the better for me. Much of this is just a psychological switch we need to make.
I remember my former corporate friends laughing at me, when I was driving a cheap car (biking to work was not a real option). I even did not tell them that I live in a rented room, instead of huge flat or house. Now I do not need to work, while they still toil till late hours, and have their annual performance reviews, at which they are usually humilated, as I once was.
That's awesome mate. But how did you turn your savings into an income source so that you 'do not need to work'?
Strategy is very similar to Jacob Fisker (you may read his book „Early retirement extreme”)
There are a lot of people who like to do that kind of work for the challenge and the status. Not everyone who is working is "trapped". I'm not in that group - I'll retire when I'm able (but am single income with two kids and a spouse, so it'll be earlier than most but not 40). I regularly run into people who work well past when they would need to financially because that's just what they want to do, or because they've worked to get to a leadership or management position in a firm and are no longer the ones doing the drudgery type work (and getting paid well).
@@rachunkimj2166 amazing book. Jacob definitely opened my eyes to an alternate way of living.
@@daw162 I agree, there are many paths you may choose, but having more optionality allways helps. Even if you do not need to work you may choose to work, but you will be much more consciencious of your life choices (I hope). To tell you the truth my ex-managers have been over-commited towards work. Clayton Cristersen speaks about it in his speech th-cam.com/video/5DwYcNr0Nuw/w-d-xo.html
Living below means is key, I was saving 30% of paycheck and people thought that was crazy. With pandemic, figured after laid off I could of been saving 70%. But key thing to keep in mind, is wealth is not possible without health. If you don’t take care then that will put an expensive damper on that plan, make sure to factor in contingencies. Best of luck to you!
“A society grows great when old men plant trees in whose shade they know they shall never sit.” This is the way.
This is the way
This is the way
This is the way
This is the way
This is the way
Whenever I think about what I'd do with a massive lottery win, the answer is always the same: paint. Run a studio. Exhibit. Sell the work. Connect with artists.
I'm working my way towards that without the lottery win. To have a life where I can "retire" at 45 (I'm now 42), would be a dream come true. I'd paint every day.
I love this talk, thank you so much for sharing.
I do the same brain exercise. What would I do with my time with a lottery win? I would help people working on their homes making it more functional, economical and beautiful. Well that's what I already do as a carpenter home handyman. I do small and medium projects on people's homes getting a chance to build meaningful relationships in my community and helping people enrich their home life.
Also I live in rural Canada so that helps.
Joined the Navy at 18 with 7k in the bank. I did janitorial and smoked a lot of pot in high school. Left the Navy after 48 months with 32k in the bank. Invested 29k in the S&P in late 90. Started working at UPS, Exide Battery and did concrete on Saturdays. Invested 1k a month every month into the S&P along the way. In 97 UPS offered us drivers the opportunity to invest in the then privately owned company. Cashed out 250k from the S&P and invested in the company I hated working for. Late 99 the IPO came along. Cashed out and bailed the company a week later. Semi retired at 31. Took a year off. Traveled. Came home and started working part time for the insurance, entertainment and pocket change. Work isn't work when you don't have to work. Becoming wealth y can be done in 15 years. It feels like 60hr work weeks. Feel the pain of discipline early or feel the pain of regret later. I wish everyone well!
Wow thats a very inspiring message 👏👏
“Feel the pain of discipline early or feel the pain of regret later.” That’s a powerful sentence my friend. Thanks for sharing your story!
Invested 29k in late 90s then in 97 cashed out 250k after putting tops 24kish in. Doesn't add up.
1k a month every month from 91 til 97 on top of the 29k initially invested? Sure does.
@@shashankkaveti6894 yep that made me realize I gotta do my stuff right now. So off I am and thanks for the inspiration, your story and life motto : )
Edit 6 Hours later:
I have an assignment to finish smth till friday evening(it's a rather personal assignment but will help me in the future as it is closely related to a future job).
Well now I got half of it done :).
Originally I expected to be at the halfstop tomorrow evening, but ngl this video and comment got me grinding.
Also Ps: I am 18 years old rn. Anyone got tipps on what to focus on financially? All sorts of ideas and tipps are much appreciated.
Have a great day everyone :)
I like his version of retirement. It isn’t not working. It’s switching from the job you have to the job you want, because you can do that now.
There's a saying "Retirement is not end of work. But it's just having enough time to do your favorite work"
Retirement is doing what you want to do. If it looks like work to someone else, it’s not your problem.
Yep. He regularly has talked about how he'd go nuts from boredom without working. Also, since most people are unhappy with their job, not having it would be ideal.
I am working as a social worker in Austria, earning arround 35k per year and even with a billion on my account I wouldnt quit, but I still safe arround 40% of my income so my next generation can do what they really want aswell.
It’s freedom to do what you want when you want
Working when you don't need the money is the most valuable. It's like having a magic wand or being a 5 year old in creativity and freedome from deadlines.
That is my goal beyond the money and financial security! I want some part of that childhood feeling back!
I found MMMs website a few years ago, and I still remember how everything just felt right. First time ever I felt the urge to "follow" someones path, and at the same time, I dont have to follow him at all. Just do it yourself and stop wasting money, save and invest. Its kinda easy. And omg it works.
@@gimmetheacoountplix so right.
Well, in the US at least, you still continue working even when you don't need the money because you need the frikkin health coverage.
Seriously!
@@nitin_puranik can you buy an insurance from another country and travel there to get therapies?
Those were the days . . . audiences!
lol
Now we work from home chilled as a Mofo...
This is one of the most important talks that humanity has ever produced
I really enjoy these videos, they make me think about a lot of things that I haven't considered yet. I almost fell into a point of no salvation in my mid 40’s but thankfully now I’m close to retiring in a satisfactory manner and have majority of my boxes ticked
He made a very inspirational speech. Makes me want to rethink my lifestyle too. Thankful for the passion and knowledge that he shares with others! We need more people like you in this world Pete!
@@francescadelight It needs to be taught in middle school and high school and at parent-teacher conferences in my opinion! Pete's a brilliant mind.
I love listening to his seminars, there's a lot I need to learn, I need to start making the best decisions for my future. You say you where in a crisis in your mid 40's? whats your story and how did you navigate through it? I'm in a bit of a sh*thole myself haha
@@weicaihon well I went through a d i vorce at 46 and it basically wrecked my me, before that I never really looked at what my r e t i r e ment would be like but after the whole situation I just had to look at things differently because I knew needed to get my life together before 65 at least.
Luckily for me I was r e f erred to a p a r ticular f i r m in Colorado by an a d visor. Fast forward to today through the firm in a couple years I've been able to amass $540k for my r e t i r ement and still going.
This presentation was how I discovered you Pete, absolutely brilliant! 😊 Glad to see you now have it on your own channel at last! 😄
"If you're doing it for love, you'll have no choice but to do a better job." Beautiful message and very useful presentation. Thanks for sharing!
Thank you for this. You’ve impacted people greatly with all your work. Im 26 now, lets see where life will take me with these proper systems and philosophies in place. Same goes for everyone reading this!
One of the best presentations I have ever seen. This should be mandatory viewing for all high school students.
Retired just before I turned 35. I’m not the best mustaschian but I credit Mr. Money Mustache very much for the blueprint. My favorite post of his is the shockingly simple math to early retirement post! Thanks Pete!!!
I think I'd credit my early retirement to David Marvin Willis. the investment adviser changed my life.
An absolute must watch. Saved and sharing to as many people as possible. I'm 31 now and am just stumbling on these principles but am happy to see that I'm on the right path to a value-centric life. Thanks for sharing!
So good. My favorite part: "I've put these things into hexagons so they look scientific"
Mine: we grew up in Canada so nobody had told us that this is impossible... so we did it :D @5:35
I have been holding most stock like TELSA AAL but the crash are inevitable 😊
@Jeffrey Shane Wow great that's called diversifying a portfolio
Most investors don't know how cryptos are, Bitcoin trading is the best thing I've ever done since the inception of crypto currency
Bitcoin is the future king of all crypto it's very profitable for real am 26 started investing when I was 23 I think before 30 I will make over $400k
Such a good talk, thank you for adding it to your channel!
I am now saving 90% of what I earn. Only problem is, I'm already 40. So, my goal is to retire at 50! I can do it!
90%?! You don't need 10 years when your savings rate is his high.
What a gold nugget this presentation and this video was/is
This was an amazingly well done in clever speech! Very impactful!
Great presentation, quality content, fantastic community. Thanks for sharing!
We can see the state that the world is in right now. It saddens me to see that a video of a dog shitting on the carpet has exponentially more views that this lecture of an amazing man teaching everyone what life is all about. This deserves to go viral.
Found this movement only now, I'm living in a similar situation in Italy, love to learn a lot from you to correct my path, keep up the good work, thank you so much :)
great job. loved your talk! I remember my retirement party when I was 27 leaving Chicago to move to Colorado. I hired a blues band Melvin Talor and the Slack band. The party could not fit into my storefront and was out on Huron street. At 1am in the morning the gangs kitty-corner opened up the fire hydrants and all the kids danced under the spray of water, then all the adults did it too. So glad I did not wait to have a celebration of our freedom.
great job! the audience loved him, and that made the talk much more pleasant!
“Luckily we were born in Canada, so no one told us that was impossible. So we did it”
Beautifully worded and full of authenticity, this is a much more inspiring version of a wealthy life than the typical one most of us know of. Subscribed :D
Yess!!! I needed to see this! Thank you for sharing!
Great speech! First time coming across Mr. Money Mustache. I did something similar - less intentional, with more risks and with slightly different initial motivations (i.e. more of the ability to say go *feather* yourself). It worked out though and I am in a similar situation at 41 (not 31). With that said it was not easy and you will have to make a whole lot of short term sacrifices that most people will not ever do. Still own two companies and work when I want, but will only take certain clients. That feeling and ability is the best in the world, and was my personal foundation. Telling a potentially overly demanding client that you will not do business with them at any price definitely sets them back and changes things for you and them. What Mr. Money Mustache says in this video can absolutely be done. Kudos to him for realizing and actualizing that very early on. Hopefully this video inspires others to do the same!
Very inspirational speech. Makes me want to rethink my lifestyle. Thanks for your passion and knowledge that you share with others! We need more people like you in this world.
This is literally one of the best presentations I've ever seen! Thank you!
I was bummed I missed this WDS. I've been to four editions of the event and always have my mind blown. I love your talk here too, Pete. I started reading your work alongside that of Chris Guillebeau at a similar time around 2011/12. You've made such an impact on my life since.
Thank you for sharing. Greatly appreciate it.
One of the best lectures, I watch it every 4-5 months
This crowd is so friendly. Or stoned.
They literally laughed at nothing. lol. "I made them hexagons" Crowd: HAHAHAHAHAHAHAHHAHAH!!!!!!!!!!!!!!!! HEXAGONS!!!
They're americans.
Always a classic - I've watched it right at this moment for the 5th time now. Genius.
Phenomenal.. This really shows how fun it is to be financially free. Financial independence is a bliss....
At the age of 37 I had done all the interesting stuff I wanted to do within my profession and I was bored. For the next 8 years I controlled my spending and learned good investing strategies. That let me retire a few months before my 45th birthday.
It's now more than 30 years later. I'm living a very comfortable lifestyle and have for the last 30 years. I've traveled and done the things I wanted to do.
I think Mr. Mustache is offering some very valuable information. Try to limit your spending and use the savings to buy your future freedom.
Whenever it comes to trading FOREX MARKET I can only advice you seek the idea of someone that’s successful not those posting about who did this or that. All we need is a good teacher that will enlighten us about it, as for me I have worked with so many traders and thou some are good but the lose is greater than the gains. I had to checkout on someone who I personally know and she taught me how to monitor and place trade at the right time using MT4 flash. besides that she had me as one of she’s student of which I loved she’s teaching and got so much idea about trading I can tell you that I now make good profits in trading including BITCOIN as well. It will be my pleasure for me to give you her contact to give her a try her name is Mrs.Helen. reach her on WhatsApp Num:+1.2.0.6.5.8.0.0.1.2.9
@@amazonstaff2848 I have a feeling you failed Shilling 101.
@@bobwallace9753 It's a bot
45 still mustve been still really young in retrospect!
Awesome speech 👏 I plan on assigning this for my students who are taking my financial literacy class this semester
Fantastic. I’ve been a MMM fan for years but had never seen this. Takes my respect and admiration to a new level!!
I am currently 15 and I think Ill try the retirement speedrun wr, I'm going for a sub-30.
how?
Best of luck
lol good luck. im 17 and im going for sub 35
Study hard in High School > Get scholarships > Go to a community college or state school where you take on little to no debt > Study a STEM subject (IT and Medicine are very lucrative career fields) > Find a job > Save 64% of your salary > Retire early
@@CFxRenaissance wtf you just leaked my plans! Good thing 80 percent of the population is fixated on buying new things every goddamn year so I still have the advantage
Best talk on money I have heard in my life! So authentic. Do it for love
This is such a great presentation. Mr. Money Mustache is one of my idols. Keep fighting the good fight!
Love the very last message. Thank you!
Love the positive energy here, across the speaker and the audience.
You have changed my life MMM!!! I have been following the blog for 3 years and I now have a 6 mile commute to work that I can complete by bike! I now try to make all decisions based on the amount of happiness they will bring :)
I am changing my life as well
Same. My 2, 2 week international trips per year are all that I spend my money on. The rest of the time I work like a mad man and invest.
Pete’s the man. Very self deprecating but what he teaches is so empowering and should be taught in every high school in America.
And in Russia and maaaany other countries :)
So grateful to have found your blog around a year ago
This will be the 5th time I watch this talk! Good job Pete
Glad you put this vid on your chan. I've shown many plp this and it tells the whole story.
Thanks MMM! I've been reading your blog for the last couple of years starting at the first article, and working my way through. It's changed my life! For example, I literally went from living the farthest from my office, to living the closest, and I can now walk there in 10 minutes adding lots of free time to my day and money to the stash :-)
Hell yea my guy. I really needed to see this right now. Thank you!
LEGENDARY talk.
Always enjoyed reading your blog. I watched all the way through and even took notes, great speech!
This is the kind of content I wish more people in our country knew. As a 24 year old engineer, his path is what I'm striving on. I'm saving about 45% of my income living in a cheap apartment, driving an old honda, and being frugal with my money. I'll admit I could do better than I currently am, like not eating out as much, etc.
Great message though.
Still in college but kind of the same to you when it comes to money. I just cannot understand the need of buying the last Iphone, car or shoes. Even when I'll get a job, I don't think I will start to do these useless expenses. Maybe a part of me is too aware of all the marketing tricks and that we live in overconsumption society, and I just don't want to fall in this trap as too many in my surrounding do.
@@guillaumels1194 If you start in college you're soooo far ahead of the curve it's silly. The jump from college to full time income is a super easy way to turbocharge your savings rate, if you just keep living the college lifestyle you're already used to. Good luck!
Bro. Same. Though I’m just a lowly pleb. No degree, no nothing. BUT to me, these lessons are even more powerful because a normal joe shcmo like me really can achieve it.
@Paul _ Haha I mostly agree on college - taking on a ton of debt for a degree that doesn't give you good prospects to repay it is a losing proposition. There is a time and place for college in some occupations though.
What we're talking about here though is savings rate. What most people end up doing *after* college, is take their new higher income, and proceed to spend about 15% above it (viva credit cards! #smh).
If you instead keep your college lifestyle after graduation, saving that new higher income can turbocharge your finances - via investments etc. Rentals are great for that *if* you know what you're doing.
samapak7 you’re doing well kid! Way ahead of the pack. Well done and keep it up!
I got to know MMM from the One Daily Nugget newsletter and it's really great I found his talk here as well. Thank you for sharing!
That was so much fun! Great job.
This guy is one of my hero’s! He’s done so much for the FIRE community! 🔥
He is the founder isn’t he?
Yea but his calculator is all jacked up.
This video changed the way I saw my life and things I took for granted (like that I have to work for the rest of my life as an employee to have a good life). I have been working 3 years towards FIRE, and I hope to get there in 4 years more.
This was so good and inspiring! Love it.
This is exactly how the excellent laborer lives! Great video!!
Pete was the first person to tell me I had enough money saved up to retire! Took 3 months to absorb what he was saying, and yes he was right so I quit and that was almost 7 years ago...:)
@Verda Then you go onto the website www.mrmoneymustache.com/ and start reading. There is a lot to learn but basically if you save half your income and invest in stock market ETF's. With roughly 17 years you will be financially independent. Thats why you need to be frugal, because it frees up funds to save and invest. Like I said above, it took me 3 months to get what he was saying but he was spot on. Once you get it you you will then live your life differently.. If you want to of course.
Thank your for the tips Mr. Justin Timberlake
Hahaha I didn’t know if I was just a big Timberlake fan and noticed it because of it or not 😆
Tustin Jimberlake
OMG, I thought I was the only one who saw the resemblance . LMAO
He definitely looks like JT 🌟🌟😂😂
Mixed with the speaking style of Mitch Hedberg 😂
The BEST talk on TH-cam - Thank you.
Loved this!
Thank you for sharing
glad I know about the retiring early movement at 17 :)
This needs to be taught in middle school and high school and at parent-teacher conferences.
No no noooooooo, we need laborers to do the mundane.
No one will give you the tools to overthrown them.
Love this message! Thank you
best video on youtube, I started this process a few years ago and its amazing. I wish I would have done it a long time ago.
This was absolutely brilliant! Nails down at the same time how to be happy and how one can maximize the ability to help this world.
„Work is better when you don’t need the money” - that’s soo true!
Whooo NEW VIDEO!!! Thanks Pete.
theironmanx428 not a New New Video vimeopro.com/aonc/wds-2016-keynotes/video/183016901
Greatest video I've ever seen! Thank you!
I read half your blog not knowing what you looked or sounded like. Great to see the man behind the movement!
me 2. Didnt know he was so funny - subbed
PETE THE REAL INFLUCER! God bless man.. By the way that bit about old people planting trees knowing they are not going to be around.. Ya that was deep and exactly what society needs to hear and try to picture in their mind, in order to give back for a change. 🍷
Influcifer?
This was a lot to unpack in less than 30 min. Wonderful talk.
Thank you so much for posting this video :)
He sounds like Mitch Hedburg and that's a fantastic thing. Love this
Ha, my wife just said the same thing. (And Mitch is like her favorite comedian)
Escalators don’t break. They just become... stairs.
Mr. Mustache - Great info thanks for sharing. Lots of lesson to learn.... I have many covered in my videos. But this is a great starting point. Love the channel, thanks.
Absolutely Great Talk. Very well organized, structured and to the point. I learned a lot and will begin to embrace this work towards not needing to work for the money lifestyle. And obtaining freedom
Clear and precise. Thanks a lot!
first in person witnessing of MMM. Exceeded my expectations.
Nice talk MMM!
I’m 42 and we’re on our way to FI.
Motivating and informative- Cheers!!
I love your talk and take on life, work, and love.
This is awesome on so many levels!!!!
Still one of the best talks on the internet. Thanks Pete for changing so many lives for the better
For me personally, leaving a cooperate desk job after 10 years and starting my own business was one of the best life decisions I've made. First and foremost the freedom that it brings me, plus it taught me to be much more sensible with saving and investing. Oh and I love what I do. I know running a business isn't for everybody but I bet a lot of people out there have great ideas but are too afraid to take the leap.
How did you do it? Are your ideas original and different from others in your field? I'm a 24 y.o. who got lucky with landing a Corp job for 70k but I feel that this life is not for me. I don't know how to start my own business but I've grown a fuckton of technical knowledge through my career and stuff I learned at an early age. My problem is that I don't understand how my own business can take off without having original ideas. I'm in the tech sector if that helps
@@bongboyz6468 You need people who have the skills you don't have. Working together like that is how succesful companies are made.
Having your own business is one thing, loving it is just impressive. What kind of business do you run?
@@bongboyz6468 I knew I didn't want to stay in the deskjob doing 9 - 5 forever and I knew in the back of my mind I had a skill I could sell (I'm a trained musician) so I started a part-time music teaching business alongside my main job. Then, after a year my clientel grew to a point where I could drop a couple of days at my main job and do my business part-time. Then after another year of getting my name around and growing my customer base I was able to leave the deskjob all together and focus on the teaching as full time career. It's been supporting me for four years now and I've never looked back!
If you have a skill and experience that you know people will want or need and benefit from, you can sell it. You don't have to be original, think how many self employed plumbers, electricians, gardeners e.t.c are out there, all doing the same thing, but all successful.
The very first thing you need is a vision. If you don't have that, your business will never happen. I wish you all the best!
@@miccykg7803 I run a local guitar teaching company for complete beginners. I always wanted to make money out of music ever since I was a teenager. I realised teaching it was what worked for me. It supplies me with a full time income and I love it!
from financial to philosophical talks, i love it... what matters is what you do after you are financially free
This is an incredible crowd!