How to Retire in 10 Years (starting with $0)

How to Retire in 10 Years (starting with $0)

Ali Abdaal

1 год назад

393,941 Просмотров

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Scott Bevan
Scott Bevan - 06.11.2023 09:26

I am attempting somewhere between fat and lean fire at the moment. I am saving a large volume of my income through budgetting and attempting to keep my living costs down. But I am not foregoing all nice things to live a barren lifestyle. I eat out, I go on holidays, I eat nice food at home. If I am able to grow my income over the next 5-10years (I am 34) and able to continue saving approximately 30-40% of my net income, then I will be able to reduce my working hours around the 45-50 mark. But that next 10-15 years wont be bare minimum.

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Jean Pierre
Jean Pierre - 03.11.2023 14:18

Ali, I relly like listening to you and watching your videos. Just one thing, could you try not to use your hands that much while speaking? :)

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Varsha Kumar
Varsha Kumar - 01.11.2023 16:37

(FIRE - fat (4%) + lean (reduce life-style inflation) = Do what you love)
Cash flow -> Assets (property + stocks)
Active + Passive Income
What does an ideal day of your life look like and what do you need to earn?
What do you enjoy and dislike about your work?

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Jacob Paula
Jacob Paula - 27.10.2023 13:21

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

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serhii
serhii - 17.10.2023 06:43

Clickbate

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Authentic Shift
Authentic Shift - 06.09.2023 04:33

Great overview! Thanks

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Ingrid Norton
Ingrid Norton - 04.09.2023 02:02

I love the photo of your dad in the thumbnail! I know this is random, but you should interview him and do a video getting wisdom from him. If we as a younger generation get wisdom at our age...we'll be like rockstars!

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Modearn
Modearn - 01.09.2023 01:47

The FIRE movement is fascinating! Thank you for sharing

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Shane o'connor
Shane o'connor - 26.08.2023 16:03

Keep up the good work! Thanks. I’ve always tried to focus on experience and travel over stuff! Do stuff you enjoy now! And find a way to help others….that’s happiness. The money will come, especially if you make time each week to educate yourself about money. FIRE.

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Michele Schielka
Michele Schielka - 16.08.2023 16:52

Great summary with practical calls to action!

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#VoteLaborOut_2022
#VoteLaborOut_2022 - 02.08.2023 11:57

Isnt mini retirements just annual leaves

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Katelynn Vifquain
Katelynn Vifquain - 27.07.2023 22:45

Grey hair become you, Ali 😄

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Akshay Saxena
Akshay Saxena - 19.07.2023 07:30

Amazing video, coincidentally i am reading now 4 hour work week. Keep up the great stuff.

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Nguyễn Tấn Nghĩa
Nguyễn Tấn Nghĩa - 25.06.2023 09:25

the best video about financial freedom, wish you more and more happiness

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Sandra Carolina Crespo Cárdenas
Sandra Carolina Crespo Cárdenas - 15.06.2023 10:44

These concepts work perfectly with people that have had access to education and don't struggle in every day basis. I did it, my husband did it. But I have friends who haven't reached that point, not for lack of trying but because their environment makes it very very difficult. Keep in mind that if your judging others or yourself.

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KG2016
KG2016 - 08.06.2023 07:54

missed opportunity to age yourself like albus dumbledore 😅

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Als
Als - 02.06.2023 16:48

I wish corporates had mini retirement options for employees. It would help so much!

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