I still have work to do but since joining your channel and Patreon, my worries and stress of future financial freedom is minimal! I'm keeping my "tap dancing shoes" on and excited for the future! I will be forever grateful to you and your team James!! 🙏🙏
Hi James, I watch you infrequently lately but this video intrigued me. My husband had a stroke in Jan and I’m his caregiver. We were both retired when your channel started but had part time jobs we liked. I invested that extra money. Now, neither of us can work. We never know what will happen. My advice to the young people, make good financial decisions when young. A bit of discipline and planning goes a long way. My best to you all.
I'm so sorry to hear about your husband's illness. My heart goes out to you both. It must have taken a lot of courage to share this news, and I'm glad you're willing to help others who are going through the same thing. I hope your husband has a speedy recovery. Please let me know if there's anything I can do to help. Take care of yourself, and know that you're not alone in this.
There is just no way to adequately thank you, James, except by putting your information into action, which I've been doing for two years now. You and your team are the best.
I am 57 now and planning on moving to Thailand in 5 years at 62. I have 147k in 401k, I have 5 more years in putting in the max after taxes (Roth) I have 1 BTC and 4 Eth. I owe 100k on a condo here appraised at 300k. I have 50k in other stocks. I will rent my condo here when I leave and will receive 2k a month and the model on my 401k says I will receive 5k including SS a month. If everything goes to plan, I should be getting a 6-7k a month income in a much cheaper location in Thaialnd where they say you can live a good life on 3-4 k a month. Will I survive or should I jump off a boat now? haha
James, love your channel. I believe the facts are very inflated due to the wealth of others. I believe people over 75 here in the US are living on 3k or less monthly.
I found this frustrating because I am one of those who will never get to a million (66 already). The more relevant question is can you retire on $30,000 annually ? This will be the position of most people. I don’t qualify for social security so am reliant on my savings of 400k
Amazing video, we all owe you greatly for the work you've done. Even though I've already retired, I'm shifting into retirement 2.0 - which means more TSLA and BTC.
By starting early and keep DCAing. If/when the market turns, we will be winners. Started 2020 after the C crash and kept stacking. Never been in the red so far. Doubt I'll ever be.
Thanks James & crew, this is much needed info and should make people more aware. In the Netherlands witch had the best pension fund in the world! Government change the pension laws and now we are F-ed. Have to plan harder now to have a good backup and want quit early as well.
the minute your goals remove any allocation to impressing others, it all becomes very achievable. Thanks for this video, I like the humility and pragmatism
"Average" is the number that skews up or down. The median is the 50th percentile and the true middle of the data. Use "mode" if you want to show a data set has a large amount of the same value.
Great video, I am an adviser with retirement plans, the vast vast majority have little saved. I think it’s a ticking time bomb no one is talking about.
Really necessary video James, brilliant. I have seen guys retire with a company pension (plus government pension) and expecting it to have been enough to live on and get a shock when they see the figures. They hadnt even looked at there pension during their careers until it was too late. Look forward to more of these. Cheers
I was stationed in S. Korea 2013-2016 and I found it interesting and cool to see a lot of retired people working. I spoke with as many as I could as to why they worked and the narrative was pretty much same for all of them. To help there kids and grandchildren get out of credit card debt. The older generation didn't have access to credit cards. But the new generation uses credit cards like crazy.
James, thank you, this is so important, quite scary and can make you feel quite deflated. It’s real and needs to be faced by everyone. You efforts are making such a huge difference for all of us. Good Job
Hope the plan isn't purely off the retire on series, because this video proves that them videos aren't anywhere near enough money to reach the retirement money needed in this video
James, thank you for pulling together all of the data from the survey that you took on your channel. I’m listening to this some days after it was initially released, but super grateful to listen to it, and it helped me to take some good notes! 🙏👏✌️😊
I'm saving, investing, and planning for my future as if my job will be closed the next day. It can happen to anyone hopefully not you or I. And we get the time to prepare to be financially independent.
Man I live in Ontario and we can’t opt out of retirement savings. I think it’s good people are automatically in this, but I should be allowed to opt out. You can’t unless you have really specific circumstances occurring and it’s a pain. So I have to let my moneys sit and deteriorate for decades 😭
@@InvestAnswers Looks like Elon dumped his BTC. I think it will go lower because people will follow. I am going to wait to add. See what tomorrow brings. Saylorenergy: BTC in space, solar powered. Just need Saylor to get on board. 😂
Tried to comment and found out I needed to subscribe. I have been subscribed for close to three years now. No wonder things were not showing in my recommendations.
@@InvestAnswers of course! I had unsubscribed from many crypto TH-cam channels; yours survived my filter😄. You are providing very healthy content, a gift for us navigating the financial space.
Thank you for these incredible videos! The education I get on your channel is so empowering. I can see a viable path to financial freedom and the peace it's brought into my life has allowed me to invest more of myself in documentary film making and to volunteer in my community. I still have a lot to learn and I'm really new to crypto, so I move very cautiously and don't make any impulsive, big moves, but I'm learning every day. I am a huge fan of you and feel incredibly grateful!
James - as always, excellent content! I would however caution on your assumption of 15% growth per year when retired. Although with TSLA anything is possible, if you reduce this number to a more reasonable 5-7%, the number of shares required today will need to be increased significantly. I love the thought process and methodology you place into your content. Keep up the great work!
Canada has free health care. It's not free! Taxed to the hilt all my working years. Oddly I used the hospital several times in my life and did have a checkup every year. Been retired for 3 years, taking the best care for myself. I am on a waiting list because I have no family doctor. I'm saving taxpayer dollars for 3 years. If I have medical concerns, I consult my pharmacist.
Excellent video. Looking forward to other retirement videos that discuss relocating to counties offer less expensive cost of living expenses (with excellent health services). For example: Mexico, Colombia, Costa Rica, Portugal etc. Thank you for your outstanding efforts.
Israel retirement is 67 (my father and more opted to work until 70) avg life in israel is over 80. We have mandatory retirement plan (18% of salary) plus social sicorty
Thanks for a petfect valuable Video ❤ QUESTION: if someome hold 1 or 2 BTC (hodle) how he can make some Money out of it in the future without selling them?? Thank you 🌠
Only a few personal finance books suggest holding individual stocks. I find it so sad, because some of do have the stomach for them and are too behind to be tinkering with S&P 500.
I'd like to know how to actually live on these assets whilst in retirement. E. G. Btc can't get yeild So, is it a case of layering out into fiat when needed, or best to do it at highs? Which of your tools help with this Does this make sense?
About the cost of living and medical expenses will go down and people live longer, so extrapolating the cost from the present moment creates a distortion. How robotics will impact nursing? Just one example
I still have work to do but since joining your channel and Patreon, my worries and stress of future financial freedom is minimal! I'm keeping my "tap dancing shoes" on and excited for the future! I will be forever grateful to you and your team James!! 🙏🙏
Much appreciated! Thanks for being part of the family.
Much gratitude my friend!! @@InvestAnswers
😮😮 26j😅12 😮😮😮😮😮😮😮😮😮h
Hi James, I watch you infrequently lately but this video intrigued me. My husband had a stroke in Jan and I’m his caregiver. We were both retired when your channel started but had part time jobs we liked. I invested that extra money. Now, neither of us can work. We never know what will happen. My advice to the young people, make good financial decisions when young. A bit of discipline and planning goes a long way. My best to you all.
I'm so sorry to hear about your husband's illness. My heart goes out to you both. It must have taken a lot of courage to share this news, and I'm glad you're willing to help others who are going through the same thing.
I hope your husband has a speedy recovery. Please let me know if there's anything I can do to help.
Take care of yourself, and know that you're not alone in this.
Thank you James. Lynn
Amazing 👏 thank for your wise insights
I hope you and you husband have better days coming my friend God bless you 🙏
Wishing you both the very best 😊
There is just no way to adequately thank you, James, except by putting your information into action, which I've been doing for two years now. You and your team are the best.
appreciate you being here thru thick and thin
Probably one of the - if not THE - most important videos on TH-cam right now.
i appreciate you
And yet I bet one of lowest views yet something like Sol v HBAR viewed more. Sad indictment of the times
I'm sure an incredible amount of work went into pulling all of this data together. Thanks to you and your team,
You bet! 24 hours hard labor in total
So well done team! Great show, this is why we love you.
Thank you James.
I am 57 now and planning on moving to Thailand in 5 years at 62. I have 147k in 401k, I have 5 more years in putting in the max after taxes (Roth) I have 1 BTC and 4 Eth. I owe 100k on a condo here appraised at 300k. I have 50k in other stocks. I will rent my condo here when I leave and will receive 2k a month and the model on my 401k says I will receive 5k including SS a month. If everything goes to plan, I should be getting a 6-7k a month income in a much cheaper location in Thaialnd where they say you can live a good life on 3-4 k a month. Will I survive or should I jump off a boat now? haha
James, love your channel. I believe the facts are very inflated due to the wealth of others. I believe people over 75 here in the US are living on 3k or less monthly.
yikes
I found this frustrating because I am one of those who will never get to a million (66 already). The more relevant question is can you retire on $30,000 annually ? This will be the position of most people. I don’t qualify for social security so am reliant on my savings of 400k
Thank you for all the hard work! Much needed information 🙂
You are so welcome!
Amazing video, we all owe you greatly for the work you've done. Even though I've already retired, I'm shifting into retirement 2.0 - which means more TSLA and BTC.
frikin awesome - always overpack
Both are down 10% in the last 5 days. How do you handle that kinda of volatility?
By starting early and keep DCAing. If/when the market turns, we will be winners.
Started 2020 after the C crash and kept stacking. Never been in the red so far. Doubt I'll ever be.
Such an IMPORTANT video, James! Thanks to you, all on the IA team, and in the Patreon community!
Much appreciated!
Thanks James & crew, this is much needed info and should make people more aware.
In the Netherlands witch had the best pension fund in the world! Government change the pension laws and now we are F-ed. Have to plan harder now to have a good backup and want quit early as well.
so sorry to hear but thank you for sharing
So much data in 50 minutes, thanks so much James and those behind the scenes!
the minute your goals remove any allocation to impressing others, it all becomes very achievable. Thanks for this video, I like the humility and pragmatism
My pleasure!
Scary stuff indeed. Which is why I am so grateful for what you do and that I am in IA Patreon and helping me sort my retirement.
"Average" is the number that skews up or down. The median is the 50th percentile and the true middle of the data. Use "mode" if you want to show a data set has a large amount of the same value.
Truly eye opening, golden content. I will share this to my daughter in the near future to get her prepared. Thank you for the KPM, sir.
Glad it was helpful!
Great video, I am an adviser with retirement plans, the vast vast majority have little saved. I think it’s a ticking time bomb no one is talking about.
Superb content... thanks again for all the work you put in to help the community!
Really necessary video James, brilliant. I have seen guys retire with a company pension (plus government pension) and expecting it to have been enough to live on and get a shock when they see the figures. They hadnt even looked at there pension during their careers until it was too late. Look forward to more of these. Cheers
I was stationed in S. Korea 2013-2016 and I found it interesting and cool to see a lot of retired people working. I spoke with as many as I could as to why they worked and the narrative was pretty much same for all of them. To help there kids and grandchildren get out of credit card debt. The older generation didn't have access to credit cards. But the new generation uses credit cards like crazy.
James, thank you, this is so important, quite scary and can make you feel quite deflated. It’s real and needs to be faced by everyone. You efforts are making such a huge difference for all of us. Good Job
"Memphis will last you 45 years.."
Well, guess I really do have a prayer in Memphis..🤔
Love this series on retirement.
AMAZING VIDEO JAMES THANKS SO MUCH !!!!!
Glad you liked it!
Have a Plan now Because of you James! Thank you !!
Hope the plan isn't purely off the retire on series, because this video proves that them videos aren't anywhere near enough money to reach the retirement money needed in this video
Thanks James. I see this issue with my own family. We need to be prepared.
James, thank you for pulling together all of the data from the survey that you took on your channel. I’m listening to this some days after it was initially released, but super grateful to listen to it, and it helped me to take some good notes! 🙏👏✌️😊
good to hear.
Thank you for everything you do, James & Team! You're changing lives for the better!
I'm saving, investing, and planning for my future as if my job will be closed the next day.
It can happen to anyone hopefully not you or I. And we get the time to prepare to be financially independent.
I’m packing my bags and planning to move to Expensive Town. Thanks for the data and videos.
This is really helpful James - an eye opener. You do so much. Can’t thank you enough.
Much appreciated James and team!
Thank you so very much for the incredible amount of research you do to help us figure it out!
So nice of you
Man I live in Ontario and we can’t opt out of retirement savings. I think it’s good people are automatically in this, but I should be allowed to opt out. You can’t unless you have really specific circumstances occurring and it’s a pain. So I have to let my moneys sit and deteriorate for decades 😭
James, thank you so much. It’s a pleasure listening to you on the way home from work.
Thank You James for doing what you do!
Nice one! Perspective motivates, thanks for your efforts!! Never miss an episode!! On track😉
Thank you! Will do!
❤Thank you for the end slide. 1 M plan. I like your positive approach to BTC.
so welcome
@@InvestAnswers Looks like Elon dumped his BTC. I think it will go lower because people will follow. I am going to wait to add. See what tomorrow brings. Saylorenergy: BTC in space, solar powered. Just need Saylor to get on board. 😂
Tried to comment and found out I needed to subscribe. I have been subscribed for close to three years now. No wonder things were not showing in my recommendations.
I see you Rob
James, thank you so much for all your hard work. I totally appreciate all your research and sensible information.
So nice of you
Thank you James
Thank you James and IA team. This was one of the best and important KPM since I started watching you in late 2021.
thank you
Loved this video. I am worried and adware i need to do something. Thank you James snd your team
You can do it!
Super info ! I passed it on the 5 other people including my kids!
Thanks for sharing!!
Wow, real talk! Great video!
Glad you liked it!
@@InvestAnswers of course! I had unsubscribed from many crypto TH-cam channels; yours survived my filter😄. You are providing very healthy content, a gift for us navigating the financial space.
In France it was 62 to retire now its 65 to 67..
Thanks James love the numbers
scary numbers
Been following for a while. This is by far my favourite. Learned a whole lot. Will definitely be rethinking a few things.
awesome
I love your bloopers 😊 you should make a video just of bloopers ❤
Good idea!!
Thank you for these incredible videos! The education I get on your channel is so empowering. I can see a viable path to financial freedom and the peace it's brought into my life has allowed me to invest more of myself in documentary film making and to volunteer in my community.
I still have a lot to learn and I'm really new to crypto, so I move very cautiously and don't make any impulsive, big moves, but I'm learning every day.
I am a huge fan of you and feel incredibly grateful!
James - as always, excellent content! I would however caution on your assumption of 15% growth per year when retired. Although with TSLA anything is possible, if you reduce this number to a more reasonable 5-7%, the number of shares required today will need to be increased significantly. I love the thought process and methodology you place into your content. Keep up the great work!
Canada has free health care. It's not free! Taxed to the hilt all my working years. Oddly I used the hospital several times in my life and did have a checkup every year. Been retired for 3 years, taking the best care for myself. I am on a waiting list because I have no family doctor. I'm saving taxpayer dollars for 3 years. If I have medical concerns, I consult my pharmacist.
Thanks James. Really valuable alpha
Was cool to see Bozeman, MT. I didn't ever expect to see that on your channel. Lol. I live very close to there.
Your content is one of a kind thank you so much
Great show James, retire shows are very interesting!
great content thanks James and IA team!
Excellent video. Looking forward to other retirement videos that discuss relocating to counties offer less expensive cost of living expenses (with excellent health services). For example: Mexico, Colombia, Costa Rica, Portugal etc. Thank you for your outstanding efforts.
Super nice thank you sir
I love these breakdowns!
Truly awesome video. Great KPM. You,re a life saver :)
You're welcome!
Social Security says they are running out of money, but starting in 2034, recipients will receive 80% of what they are owed each month.
Thanks James!
Thanks!
You bet! Thank you back
Thank you so much James, I look forward to your videos every day, your dedication is inspiring.
I appreciate that!
Keep in mind asian countries the children's money goes to pay for their parent's retirement. So Korea and Japan's numbers are not surprising at all.
wow
I've been retired...3 times. Let me just say it an't what you might think. Best to have some side gig(s) to fill in $ needed and time engaged.
Precious information! Thank you so much! 🙏🏻
Israel retirement is 67 (my father and more opted to work until 70) avg life in israel is over 80.
We have mandatory retirement plan (18% of salary) plus social sicorty
James… my guy, I can’t even afford a house, partly due to the fact that crypto has stagnated. My retirement plan is to WORK MYSELF TO DEATH.
I know it's not easy, but I encourage you to keep exploring your options. There are still ways to buy a house, even in this market.
amazing video. so glad i found you all those years ago. I'm really looking forward to the upcoming years. thank you for all your hard work IA team
The Myers are invested in vanguard index funds
Stunning video James as a 52 year old brilliant piece to really wake me up! Now where to start from nothing...😅
Thanks for a petfect valuable Video ❤
QUESTION: if someome hold 1 or 2 BTC (hodle) how he can make some Money out of it in the future without selling them??
Thank you 🌠
A presentation for fathers of young kids (eg 10y/o) - EASIEST way to get 1000 to 10mil for their retirement at 60? 1000x over 50 years
Fantastic work
🙏
Amezing information, thank you!🙏
Glad it was helpful!
Thank you!!!!
You're welcome!
This is sick! The information related is simply gold and if one dont pay attention, then please change your mindset
Great work. THANK YOU for the retirement series.
4k+... Thanks James
Great info. Thanks.
Thank you James this is a life changing video. Amazing (and scary) analysis
Glad it was helpful!
Great James, thanks
Great show planning on semi retiring in 4 or 5 years
Thank you Amigo 😁🌞❤️🎶
You are so welcome
An absolute pearler James.......you are a GEM 💎
Only a few personal finance books suggest holding individual stocks. I find it so sad, because some of do have the stomach for them and are too behind to be tinkering with S&P 500.
I'd like to know how to actually live on these assets whilst in retirement. E. G. Btc can't get yeild
So, is it a case of layering out into fiat when needed, or best to do it at highs?
Which of your tools help with this
Does this make sense?
Phenomenal video. Keep them coming!!
More to come!
Nothing but love and respect for you and your team.❤
Thank you James as always. 😻
You are so welcome
Awesome Video James you truly are the goat 🐐
Legend!
As usual James, high quality intel loaded video, Thank you and your team, you're the best 😎
Much appreciated!
Still have to watch this one, but in advance , thank you very much James!!
Hope you enjoyed it!
TY!❤
About the cost of living and medical expenses will go down and people live longer, so extrapolating the cost from the present moment creates a distortion. How robotics will impact nursing? Just one example
James do you realize the value you bring to us)?