I watch a lot of financial videos, and until now have never heard of the 300X Multiplier Method. I now have another tool that I can use. Bravo!, and Thank You!
Sounds like John is a simp. Or he needs to work harder. That being said, please help me I make over 50 grand a year and if financial stability were measured in cranial hair follicles I would be as bald as John is.
Daniel, can you do a video highlighting the pros and cons of having a retirement portfolio mixed with both traditional and roth assets as they effect taxes. I hear its good to have some of both but i can't get past the whole paying taxes on a large sum of money later instead of small increments now. Is it really worth it?
If you own your house outright before retirement you are already winning. If I take out my mortgage payments I only need $780k as apposed to $1’85k according to the 25x rule.
Buy rental properties instead of stocks and pay off the mortage mortgage with ren and gain equity before your retirement and create permanent cash flow…
Hi Daniel. I am an avid consumer of your contents. Thank you for all the good info! I haven't yet come across the topic of how you actually withdraw your money once you are IF/retired. What strategies we can employ to ensure our money never runs out? I don't mean the 4/3/2% rule (the info of which is in abundance on the net) but the actual mechanics- how you safely release your yearly income from your investments and still enjoy the rest of your money to mature in the investments?
I got a video idea. A video that gives advice to us young adults on how to start off fresh financially, such as a recent high school graduate. I can see this video idea helping those to prevent making bad decisions. Thank you.
Ewww renting. Single, female, renters are the most valuable and poorest and a pay check away from homelessness in my country. Rent is very high. And we have no savings because of years out of work with child care
Manage your money very well so you will not get broke when you retire. Lack of money can easily end both relationships and happiness. So, stop wasting your money and start saving it!
Doing the math at 25% taxes on his income, he only brings home about $27,000. there is no way he has a monthly expenses of $2,500. That's $30,000 a year. He is already broke.
![[Bombshell News] Consultants say we’re DANGEROUSLY near a recession 🚨](https://i.ytimg.com/vi/DvnKvkjdsMc/maxresdefault.jpg "[Bombshell News] Consultants say we’re DANGEROUSLY near a recession 🚨")
I watch a lot of financial videos, and until now have never heard of the 300X Multiplier Method. I now have another tool that I can use. Bravo!, and Thank You!
how about if you use loan from 401k and pay to yourself to just get your need and pay to your own retirement plan
watching this while waiting for my casino deposit come in
Very cool content, I just did a video like this as well!
Hopefully John doesn't have any sexual interests or any adverse human experiences, otherwise he will have to do the math ALL OVER AGAIN!
John's not going to be renting cars for the rest of his life.
Sounds like John is a simp. Or he needs to work harder. That being said, please help me I make over 50 grand a year and if financial stability were measured in cranial hair follicles I would be as bald as John is.
May I ask what the formula is to get the number of years one needs to save for the FI number given the rate of interest (8% in your example here)?
Daniel, can you do a video highlighting the pros and cons of having a retirement portfolio mixed with both traditional and roth assets as they effect taxes. I hear its good to have some of both but i can't get past the whole paying taxes on a large sum of money later instead of small increments now. Is it really worth it?
If you own your house outright before retirement you are already winning. If I take out my mortgage payments I only need $780k as apposed to $1’85k according to the 25x rule.
Easy, just don’t get a credit card, use a debit
The info was good, but you need to change the title. The emphasis was more on the 4% rule and barely touched on how to avoid wasting money
Change speed to 1.25x
I like this video
Next level life is awesome! Thanks Daniel!
The problem isn't one item that you buy per month, but the compounding of items that lead to hundreds of dollars in the trash.
This is pretty good: Actual strategies over platitudes and shaming psych.
This dude sounds so much like the guy from Hardcore History it is driving me crazy.
Too many commercial interruptions! An 11-minute video with 4 interruptions?
Buy rental properties instead of stocks and pay off the mortage mortgage with ren and gain equity before your retirement and create permanent cash flow…
Good video
Nicely done video 👍
Very interesting video. Chagging my lifestyle and living healthy enabled me to save some more.
Did you account for the extra 120 a year that he is investing in that Netflix scenario?
Answer: Don't spent money
Great topic! Thanks
Love this channel but this video does not address "wasting money."
Hi Daniel. I am an avid consumer of your contents. Thank you for all the good info! I haven't yet come across the topic of how you actually withdraw your money once you are IF/retired. What strategies we can employ to ensure our money never runs out? I don't mean the 4/3/2% rule (the info of which is in abundance on the net) but the actual mechanics- how you safely release your yearly income from your investments and still enjoy the rest of your money to mature in the investments?
I try and invest 80% of my income
I got a video idea. A video that gives advice to us young adults on how to start off fresh financially, such as a recent high school graduate. I can see this video idea helping those to prevent making bad decisions. Thank you.
Ewww renting. Single, female, renters are the most valuable and poorest and a pay check away from homelessness in my country. Rent is very high. And we have no savings because of years out of work with child care
Manage your money very well so you will not get broke when you retire. Lack of money can easily end both relationships and happiness. So, stop wasting your money and start saving it!
And there goes the "hookers" portion of my pie chart.
Doing the math at 25% taxes on his income, he only brings home about $27,000. there is no way he has a monthly expenses of $2,500. That's $30,000 a year. He is already broke.