It's not how much you make, but how you manage it. I realized that even high earners can retire broke, while modest income earners can build wealth. Living below your means, adopting a frugal lifestyle, and consistently investing are the foundations of financial freedom. After 10 years of disciplined saving and investing, I celebrated hitting $2 million last year. Now, I'm cheering on everyone striving for financial independence. Remember, financial freedom requires ongoing effort, but the peace of mind is priceless.
Wow, congrats on reaching such an impressive feat! Should I prioritize saving or allocating a significant portion of my salary to stocks for long-term growth?
To prioritize, consider allocating 60-80% of your investment funds to stocks for long-term growth and 20-40% to savings for emergency funds and short-term goals. However, it's essential to consult a financial expert to determine the ideal allocation based on your individual circumstances and craft a tailored plan aligned with your goals.
I agree! I've found that having a plan, even when circumstances change, has been instrumental in my financial journey.Starting work at 19, buying my first home at 28, and seeking professional guide after a layoff at 36 helped me navigate my financial growth. Now, I'm just 25% away from reaching my goal of $1 million, thanks to smart investments and guidance.
I work with Monica Mary Strigle and is NY-based. Just search the name & check if she meets your requirements, You’d find necessary details to work with to set up an appointment.
You need to make $110K per year over 40 years and that doesn't account for inflation either.... 🤔 good luck America. Wife and I left for more affordable pastures so we could retire early.
4.4 mil is for a household over 40 years. So that's only $55k/year per person which is around the median individual income. As median income implies, 50% of people will make more, 50% make less.
Key point. $4.4 mill is for the whole household of 2 adults, and for 40 years (25-65). That means $55k per person per year. This is the median individual income in the US. So 50% of the people make more than this, 50% people make less. So the american dream is achievable for 50% of the Americans.
0:45 - From age 25 to 65 with the median income 2:11 Which is 80k a year or 1500$ a week. Making 1500$ a week is not easy especially when these 1500$ a week opportunities don’t come up every day.
His figure of the average person earning 2.8 to 3 million over their 40 years working is for household and not individual. The average individual will earn 1.6 million; that's based on the median income of 42K per year. 2.8 million over 40 years is 70K per year. No way the median individual income in the US is 70K.
This concept is ridiculous. shop around. even for your "American dream" goals. I'm doing everything I could ever want on much less by just being money smart, planning lol. like what you want a new car every year? you want a 2400 sq ft house and acres? be realistic.
almost a million dollars in cars? What a joke... today's cars will easily last 15 years. so 4 cars in a lifetime at 25000 a pop net cost per acquisition after rolling over equity is 100k, x 2 cars is 200k, not 800k
!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $100k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.
We’re still dealing with the adverse effects of the Tax Cuts and Jobs Act (2017) and the cascading tax breaks give to rich and wealthy individuals and corporations, so spare us the ideological angst😮💨
@@consciousthought9293 whose been in office the last 4 years? When did the inflation start ramping up? When camala got in there, get your iQ up to at least 10 before you make stupid comments 🤪
@@wread1982 The Vice President serves “at the pleasure” of the President. Vice President ‘KAMALA’ (Comma-La) Harris was not, and is the President. Next, the rise of inflation was/is a byproduct of the 2017 tax cuts coupled with corporate greed, stock buybacks, ‘inflated’ dividends, shrinkflation, wealth consolidation, et al. YOU need to get YOUR IQ up and read something other than ideological drivel.
@@wread1982 The Vice President serves “at the pleasure” of the President. Vice President ‘KAMALA’ (Comma-La) Harris was not, and is not the President. Next, the rise of inflation was/is a byproduct of the 2017 tax cuts coupled with corporate greed, stock buybacks, ‘inflated’ dividends, shrinkflation, wealth consolidation, et al. YOU need to get YOUR IQ up and read something other than ideological drivel.
@@wread1982 You are mistaken. The only “wars” that are being engaged in are the ones fomented by the Republican/MAGA majority in the U.S. House of Representatives, and the civil war that those within the right-wing think-fact tanks (i.e. Heritage Foundation) seek to exacerbate as they further dismantle the fragile construct that is the United States of America 🇺🇸
It's not how much you make, but how you manage it. I realized that even high earners can retire broke, while modest income earners can build wealth. Living below your means, adopting a frugal lifestyle, and consistently investing are the foundations of financial freedom. After 10 years of disciplined saving and investing, I celebrated hitting $2 million last year. Now, I'm cheering on everyone striving for financial independence. Remember, financial freedom requires ongoing effort, but the peace of mind is priceless.
Wow, congrats on reaching such an impressive feat! Should I prioritize saving or allocating a significant portion of my salary to stocks for long-term growth?
To prioritize, consider allocating 60-80% of your investment funds to stocks for long-term growth and 20-40% to savings for emergency funds and short-term goals. However, it's essential to consult a financial expert to determine the ideal allocation based on your individual circumstances and craft a tailored plan aligned with your goals.
I agree! I've found that having a plan, even when circumstances change, has been instrumental in my financial journey.Starting work at 19, buying my first home at 28, and seeking professional guide after a layoff at 36 helped me navigate my financial growth. Now, I'm just 25% away from reaching my goal of $1 million, thanks to smart investments and guidance.
Financial wins inspire me! Who are you working with please?
I work with Monica Mary Strigle and is NY-based. Just search the name & check if she meets your requirements, You’d find necessary details to work with to set up an appointment.
Its called a dream and not reality and you have to be sleeping to see it😂
You need to make $110K per year over 40 years and that doesn't account for inflation either.... 🤔 good luck America. Wife and I left for more affordable pastures so we could retire early.
4.4 mil is for a household over 40 years. So that's only $55k/year per person which is around the median individual income. As median income implies, 50% of people will make more, 50% make less.
Honestly, a lot more affordable than I imagined. If we work hard enough, it’s attainable by the average person
@@-.TS.- hard work in corporate America doesn't pay off....
Key point. $4.4 mill is for the whole household of 2 adults, and for 40 years (25-65). That means $55k per person per year. This is the median individual income in the US. So 50% of the people make more than this, 50% people make less. So the american dream is achievable for 50% of the Americans.
$4.4m is overblown. You can do it for much less with frugality and good financial sense.
0:45 - From age 25 to 65 with the median income 2:11 Which is 80k a year or 1500$ a week. Making 1500$ a week is not easy especially when these 1500$ a week opportunities don’t come up every day.
Excellent advice Caleb 👌
$811k for having new cars. Are you kidding?
I had enough for a wedding. It cost $800.
96 percent of Americans would never actually achieve this dream.
3.34 percent of Americans has a savings of $4,473,000
I had enough for a car too. $3500.
His figure of the average person earning 2.8 to 3 million over their 40 years working is for household and not individual. The average individual will earn 1.6 million; that's based on the median income of 42K per year. 2.8 million over 40 years is 70K per year. No way the median individual income in the US is 70K.
4.4 million today, 10 million in a year coming soon.
This concept is ridiculous. shop around. even for your "American dream" goals. I'm doing everything I could ever want on much less by just being money smart, planning lol. like what you want a new car every year? you want a 2400 sq ft house and acres? be realistic.
For some reason, mine cost 100 times that much. But I guess reasonable is relative.
and guess what 2.2 M in 2024 and 2.2 M in 2030 peanuts!
almost a million dollars in cars? What a joke... today's cars will easily last 15 years. so 4 cars in a lifetime at 25000 a pop net cost per acquisition after rolling over equity is 100k, x 2 cars is 200k, not 800k
LOLOL 4.4$ mill. who tf saving that much money????
buy assets over liabilities
!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable.
Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $100k passively by just
investing through an advisor, and I don't have
to do much work. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.
nice! once you hit a big milestone, the next comes easier. How can i reach her, if you don't mind me asking?
Kamala is making hyperinflation great again
We’re still dealing with the adverse effects of the Tax Cuts and Jobs Act (2017) and the cascading tax breaks give to rich and wealthy individuals and corporations, so spare us the ideological angst😮💨
@@consciousthought9293 whose been in office the last 4 years? When did the inflation start ramping up? When camala got in there, get your iQ up to at least 10 before you make stupid comments 🤪
@@wread1982 The Vice President serves “at the pleasure” of the President. Vice President ‘KAMALA’ (Comma-La) Harris was not, and is the President. Next, the rise of inflation was/is a byproduct of the 2017 tax cuts coupled with corporate greed, stock buybacks, ‘inflated’ dividends, shrinkflation, wealth consolidation, et al. YOU need to get YOUR IQ up and read something other than ideological drivel.
@@wread1982 The Vice President serves “at the pleasure” of the President. Vice President ‘KAMALA’ (Comma-La) Harris was not, and is not the President. Next, the rise of inflation was/is a byproduct of the 2017 tax cuts coupled with corporate greed, stock buybacks, ‘inflated’ dividends, shrinkflation, wealth consolidation, et al. YOU need to get YOUR IQ up and read something other than ideological drivel.
@@wread1982 You are mistaken. The only “wars” that are being engaged in are the ones fomented by the Republican/MAGA majority in the U.S. House of Representatives, and the civil war that those within the right-wing think-fact tanks (i.e. Heritage Foundation) seek to exacerbate as they further dismantle the fragile construct that is the United States of America 🇺🇸
Democrat: If cost almost million to raise children, let just import them from Mexico for "free" !
MAGA: I’m clouded from reality
Raising children at 800k just tells you how they plan to answer the rising population question. It's all by design
If US politicians didn't waste trillions around the world, the American dream could have been a reality.
Not true!
You mean on the military budget? For sure everyone could have a great life if they weren’t blowing up a trillion dollars a year.