MILLIONAIRE EXPLAINS: Overcoming the Paycheck Mentality to Retire Early

MILLIONAIRE EXPLAINS: Overcoming the Paycheck Mentality to Retire Early

16,411 View

▸▸▸Enroll in our Stock Market Investing Course for Financial Independence and Retiring Early: https://www.ourrichjourney.com/investingforfire 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://www.ourrichjourney.com/firemasterclass 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!

Books that have helped us on our Financial Independence Journey
-----
The Bogleheads' Guide to Investing: https://amzn.to/2UjEc4j
The Intelligent Investor: https://amzn.to/2MKGokh
A Random Walk Down Wall Street: https://amzn.to/2zIVI8p
The Book on Rental Property Investing: https://amzn.to/2UkwgQ6
Building Wealth One House at a Time: https://amzn.to/2ZJQuDW
Rich Dad Poor Dad: https://amzn.to/2ZD29IK
The Total Money Makeover: https://amzn.to/2Lc0thn
The $100 Startup: https://amzn.to/2UnBpqK
Freakonomics: https://amzn.to/2HCnDeJ

▸▸▸Follow us on Instagram: https://www.instagram.com/richjourney/
Our Rich Journey – MILLIONAIRE EXPLAINS: Overcoming the Paycheck Mentality to Retire Early: It's a common concern for many on the path to financial independence and early retirement. The transition from receiving a steady income to relying on your investments can feel daunting. We've been there! After achieving financial independence, we navigated the shift from earning to withdrawing, and it was a psychological leap as much as a financial one. In this video, we share our insights on overcoming the paycheck mentality, the importance of psychological adjustments, dealing with market volatility, and setting up a robust emergency fund. Plus, we delve into diversifying income sources to ensure a steady flow, even in retirement. Join us as we discuss how we've made our financial freedom work and the peace of mind it brings. Are you ready to make the switch?

▸▸▸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

Financial Norms Destroying Your Wealth - We Broke Them to Retire at 39 As Millionaires:
https://youtu.be/uXZa7ckSbRk

Our Top ETF Investments for Dividend Income and High Returns to Retire Early:
https://youtu.be/I9m__9TMyJQ

Investing in Index Funds for Beginners | Tips & Advice From Millionaire Investors:
https://youtu.be/F14pXZ9wELc

▸▸▸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


Did you miss our previous article...
https://wealthvideos.club/Retirement-Planning/the-biggest-retirement-mistake-for-2024-retirement-travelers