8 Reasons People Fail at Early Retirement - Time to Go Back to Work (FIRE Journey Over)

8 Reasons People Fail at Early Retirement - Time to Go Back to Work (FIRE Journey Over)

32,324 View

▸▸▸Enroll in our 365 Days to F.I.R.E. Program: https://www.365daystofire.com/ Take part in our 365 Days to F.I.R.E. Program and develop your financial independence plan (including your stock investing plan and real estate investing plan) AND get your plans reviewed by us, attend 12 Live Q&As with us, complete daily F.I.R.E. related tasks, get assigned to a small accountability group, attend our meet-ups in Portugal, participate in our FIRE related book club . . . and more!

▸▸▸Enroll in our Stock Market Investing Course for Financial Independence and Retiring Early: https://ourrichjourney.thinkific.com/ Enroll in our new 21 module, 4-plus hour stock market investing course with more than 30 handouts of summary notes, homework assignments, and resources. Learn how to research and select investments, how to determine your asset allocation, how to rebalance your portfolio, how to optimize your investments for tax purposes, how to automate your investments, and much more (including a 19-page Investment Plan to work on)!

▸▸▸Enroll in our FIRE Master Class: https://ourrichjourney.thinkific.com/courses/FIRE-master-class This FIRE Master Class is designed for people interested in pursuing financial independence and retiring early. In the Master Class, we explain how to live off of your investments during early retirement; how to withdraw money from your investment accounts to support your living expenses during retirement; how to calculate your FIRE number; new and creative ways that you can save money; new side hustles for making money; how to invest in the stock market and in real estate; we discuss healthcare options in retirement . . . and MORE!

▸▸▸Enroll in our How to Move to Portugal Course: A Step-By-Step Course to Relocating and Living in Portugal: https://ourrichjourney.thinkific.com/courses/portugal This course is designed for people interested in moving to Portugal. In the course, we explain the visa process, the documents you need to submit for your application, and the step-by-step process that we took to obtain our visas; we explain the residency permit process and how we obtained our residence permit here in Portugal; we explain the process for buying and renting a house in Portugal; we discuss healthcare, school options, and setting up NIFs, we explain taxes here in Portugal, and MORE!

▸▸▸Follow us on Instagram: https://www.instagram.com/richjourney/

Our Rich Journey – 8 Reasons People Fail at Early Retirement - Time to Go Back to Work (FIRE Journey Over: We have hit our three year F.I.R.E. anniversary! That's right - three years ago, we reached financial independence, quit our jobs, and retired early in Portugal! And since we've retired, we've seen some interesting things happen . . . inflation at all-time highs, multiple stock market crashes, the rise and cool of the housing market in the United States. Needless to say: A lot has happened economically over the past three years. Fortunately, we've been able to weather the storm. But, not everyone has been able to do the same. So, to help you on your F.I.R.E. journey (so that you can reach F.I.R.E. and stay in F.I.R.E.), we made this video to go over the top 8 reasons why people are forced to go back to work after they reach F.I.R.E. Find out what you can do to avoid these mistakes so that, once you reach F.I.R.E, you stay F.I.R.E!!!

▸▸▸Check out some of our other videos!
Stock Market Is Crashing, So We're Buying This NOW (See Our Top Pick):
https://youtu.be/C5Cy48DzkWU

Oh NO! Interest Rates Are Going Up! | Here's How to Invest in the Stock Market:
https://youtu.be/mlD5OImfrEE

9 Rules We Followed to Become Millionaires in our 30s:
https://youtu.be/K4G0u-2eeo8

▸▸▸PLEASE SUBSCRIBE:
If you like our video, please make sure to "like" the video and subscribe to our channel. We post one video a week related to our journey towards financial independence, including making money, saving money, and investing money. Make sure to check out all our videos and . . . join the journey!

DISCLAIMER:
We are not financial advisors. Our videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our personal opinions.

#FinancialFreedom #HowToRetireEarly #FinancialIndependenceRetireEarly