Quitting My $70,000 Job After Learning This About Money

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With the rise of social media, we have an entire segment of influencers who brag about how they managed to find a way to make enough money to retire in their 20s or 30s. Now all they do is post pictures of their mansions, Lamborghini, or private jets until someone exposes them that they have been renting out their mansion or that luxury car or the private jet.
Definitely, there some people who managed to make millions by building a tech startup while still being in college, but that's an exception, especially if you consider that 9 out of 10 startups fail, I am not trying to discourage anyone, feel free to give it a try but the question that I want to focus on in this video is - can your average guy retire early? Is it possible for someone who works 9 to 5 to retire within a span of 10 or 15 years? If you are in your 20s, can you retire by your 30s without starting a business or winning the lottery?
The answer is Yes!
There is an entire movement on the internet called FIRE; financial independence retire early movement. They claim that if you live frugally throughout your 20s and invest the vast majority of your income, you can retire by your 30s and never have to work again. Your investment will cover all of your bills, so you can finally quit your job and start your journey of traveling around the globe in 80 days.
You might not be able to afford a private jet or live in a 50 million dollar mansion, but nonetheless, you can maintain your normal standard of living without working another day in your life. In this vidoe, we are going to find out how much money you need to save to retire by your 30s? How should you invest your money to be able to do that? And what is the rule of 4 percent?

#investing #Stockmarket #money

Видео Quitting My $70,000 Job After Learning This About Money канала Proactive Thinker