I was an architect and I hated corporate job. Now I do couple of different freelance including test prep tutoring, web development, comic artist and uber driver. I like this.

@benmusic6678

4 жыл бұрын

Would you recommend the architect career today?

@Alan-Aus

2 жыл бұрын

just wanted to check if your working lifestyle has changed after 2 years?

@dannysze8183

2 жыл бұрын

@@Alan-Aus hi, I changed. I am still freelancing but I mostly do construction detailing and construction technical translation. also I live in a camper van that saves a lot of money.

"Your golden years are right now" 🔥🔥 loved that

I literally wrote a book on this exact topic called, "The Millennial's Unconventional Guide to Retiring Every Other Year: The Key to Designing the Life You Dream About" I'm glad to see there are other like-minded individuals in the world. We were not born to work, pay bills, and die!

@adammtroutman

6 жыл бұрын

If you are genuinely passionate and actualized about the work and end goal, it is surprisingly decent

@Living_Connectedness

4 жыл бұрын

Would love to read it if it's available? 😊

Been living this way since 2001. It's scary but it's liberating- No future in pensions that are being Mismanaged and designed to fail and be liquidated. Be self employed, only way to freedom each day.

He did a great job explaining the problem. I didn’t hear him provide a solution.

The 9-5 is from another era, 1, the travelling to work and back. day in day out 2. the co-worker who hates you 3 the boss hates you 4 that toxic workplace 5 the endless lies and gossip you stay at the job 30 years and when you leave its just bye have a nice day and don't forget to hand in your locker key or whatever ..

@Robskydaddle

5 жыл бұрын

True story i see it all the time.....people that have spent decades at a company.

@dannysze8183

4 жыл бұрын

that is true. That is why I hate corporate job. Now I do a lot of different freelance job test prep tutoring, web development, comic art, uber drive and have a lot of free time to spend time with friends.

@fsufan

4 жыл бұрын

I just hit 25 years with my company. I didn't get a phone or email thanking me for my 25 years of service

@Heidelmann

4 жыл бұрын

3 years at my current company. This is my life. My boss's 15 year milestone was fast food lunch with his Boss and an off brand Thermos.

@jacobjacob4139

4 жыл бұрын

Point 5 is so true its scary, when you resign after so many years it's like you're dead, gone & no one cares hey, scary existence we are having.

It feels like there's a light at the end of the tunnel. Multiple lights, multiple tunnels. Keep pushing forward!

”Your golden years are right now.” -- Love it.

I was at work today, figuring out a project. I was dieing to get it to run though, and i could just barely figure it out. I hope when i'm in my golden years, i will have the patience to figure out problems like today's and it will be so fulfilling.

Great lecture! It helped me a lot to rethink my retirement and future! God bless you man!

Fascinating! I couldn't agree more.

I was meant to see this video right now Thank you ❤️

Awesome video, thanks for enlightening

Quit consuming, save and invest instead !

@maythesciencebewithyou

5 жыл бұрын

How do you think the companies you invest in make their money when nobody consumes the stuff they sell. The economy would collapse if people quit consuming.

@ProfessorFickle

5 жыл бұрын

@@maythesciencebewithyou economy would have a Correction & shift.

@Fordragon

5 жыл бұрын

@@maythesciencebewithyou lol, sad truth. Most need to keep consuming so the rest of us can retire off of their spending habits.

@umarsebyala9920

4 жыл бұрын

Just buy Bitcoin💯

@genericdeveloper3966

4 жыл бұрын

​@@maythesciencebewithyou Of course no one is going to quit consuming entirely. But we can consume less and invest more. Prices will come down as people stop bidding them up so high, and this will naturally increase consumption to a level that will sustain an economy. A market has many natural feedback loops. And yes virtue is rewarded, not punished.

wow. how true is this topic right now. i was questioning him at first, but 100 agree.

best video ever help me am from morocco 34yrs

Best talk ever!

Brilliant Speech - Duly Noted - I am already thinking about retirement a little differently. I'm now 41, but already had a mini retirement 2years ago, lasting 2years - And i loved it...

@carlseidman9334

3 жыл бұрын

I'm grateful you had that takeaway from the talk. Especially now, given how disrupted the world is, it seems counter-intuitive to take time to reexamine life and work. But now more than ever, we should all be thinking about where the world is going, where our work may be going, and reposition for personal and professional success in this new reality.

Wow, finally someone who who gets it. I did much the same thing as he did. Earlier in life I did the usual thing, going to college and getting a good job. All the while I had the presence of mind to save some of that money I made and in 1995, at age 34 I took a company buyout and went into semi retirement. From that time on I worked temporary assignments, enjoying the time off in between. There was the volatility of not having income between jobs, except for savings, and dealing with the hopelessly outdated mentality that gaps in employment were a bad thing. On the contrary, I found my self refreshed, full of energy and ambition, ready to go, much like a rested up sprint runner. If I were to do it all again, I would make some changes, like saving even more and investing in companies that pay dividends rather than mutual funds as I did up until this decade. I believe Carl Seidman is ahead of his time, and similarly believe I was way ahead of my time years ago. Good video, thanks for posting.

@pardeeprawat13

4 жыл бұрын

Abitibi_Doug great story indeed!! just one question - don't you have any dependants all the way?

@rejectionistmanifesto8836

2 жыл бұрын

@@pardeeprawat13 most xhoose not to have kids as in the future jobs will be rare to get and most will be very poor with government basic income to barely survive and kids would live in utter poverty

@charlesbennington9951

Жыл бұрын

YOU ARE THE EXCEPTION TO THE RULE AS MOST OF THE POPULATION DOES NOT HAVE A COMPANY TO SELL.

@Abitibidoug

Жыл бұрын

@@charlesbennington9951 Where did I say I sold a company?

@charlesbennington9951

Жыл бұрын

@@Abitibidoug "I took company buyout ........" I would assume you would have to own a company or at least be a partner with a majority share." Either way you sold "something" that 90%+ of the population does not have that enabled you to go into semi retirement ? There must be something missing or something far more interesting to your story than that absurd and inane question.

Wow! I needed this.

Man that was stimulating. It summed up where I been leading.

Great advise

Life diversification is must. Period

Great job

well said

The more I learn, the more I live, the lies are being sold....

I disagree. I believe in choosing a career and continuing to develop professionally within it. When things get boring, then refocus on things that you fear or challenge you. Also, developing strong hobbies outside of work and cultivating relationships make for a lovely life too. I agree that sometimes you need to shake things up, go on sabbatical, vacation, or vision quest.

@charlesbennington9951

Жыл бұрын

Your comment is an intelligent and reasonable response.

Brilliant!

College is a joke, it's an expensive vacation from the reality you're about to get hit with. Debt.

@sachinaable

6 жыл бұрын

Steve Will great line...I am gonna use it...

@hunitdaysofsummer

6 жыл бұрын

bull's eye

@FantastickDark2

5 жыл бұрын

Only in the US.

@DietTimboSlice

5 жыл бұрын

College shouldn't be a "vacation", you should be working and studying so you're not saddled with a bunch of debt when you graduate.

@pswanberg1

5 жыл бұрын

College isn't the problem, it taught me advanced science and useful modern skills that allowed me to find a great paying job afterwards.

3:30 - 4:30 Every Indian, Chinese, Asian parent needs to hear this.

I didn't expect this to be so inspiring. Saved!

Some people do not want to retire and choose not to have security for the sake of other perks in life.. We are not all the same

Basically this is feasible only for people with technical skills or technological support to perform the skill. A security guard, a canteen helper, small Supermarket owner, salon shop owner- these people rely on duties tied to the time spent on the job. If you are not available there at that time, job is given to another person. In these cases, retiring early is a day-dream.

Big companies figured out that people needed diverse work experiences to become good execs a long time ago.

Well said! This is exactly what I’ve been doing for the last 10 years.

Have been thinking of this for a while. Thanks for the financial advice! Kind Regards, a millennial that earns well, but hates his job and is only specialized in 1 thing currently

Great stuff. Very insightful.

Which one is better : Suffering , grinding , working 15 hours a day for 10 years to turn your passion into a consistent money making business , and never retiring and having an amazing life , or working a job you hate for 40 years and retiring so that you can finally start enjoying life ?

@edgehodl4832

5 жыл бұрын

You missed his point. This whole thing , find you passion and do it for rest of your life doesnt work. Things change, people change, and that's what this ideo is about. Stop looking for passion, DEVELOP you passion.

fully agreed

I like your message. Having a side gig that is not just about lining your pockets with a few extra dollars but about a skill you can sell if your current industry is reduced or outsourced is so important. Now if we can just figure out a way for people to stop wasting their time watching KZread videos 🤔

@Xn0VV7hj31ph

6 жыл бұрын

dansweeney10 some of the best things I've heard were on KZread you want to take that away... :P

@JesseMcdonalds

5 жыл бұрын

More like wasting time with a half baked comment. Wasting time is reading the bible.

@pinoyheartbeat7245

8 ай бұрын

How is KZread a waste of time. Most of my DIY and fix for things are from KZread. Not to mention Tedtalks like this.

absolutely incredible, this is exactly what I've been doing and being criticized for doing

@carlseidman9334

6 жыл бұрын

It's becoming more and more common

@shekarravi5220

2 жыл бұрын

You should probably share this talk with them 😃😄

@charlesbennington9951

Жыл бұрын

How did you get this done at such a young age ?And why would people be critical of you living your life your way ? I feel as if we are missing some detials.

None of these people actually retire at the ages they say they did... They pretty much all continue working and making money in a part time fashion.

@doctornotknown8845

4 жыл бұрын

Truth

@samkuti3853

4 жыл бұрын

That is more a choice than a necessity.

@rejectionistmanifesto8836

2 жыл бұрын

The poony is they do it by choice as they have enough invested/saved not to. Working part time for different periods of time as you get bored then each time taking months or years off in between is essentially same as full retirement with that work more like a hobby.

I will eventually retire. I am quite capable of doing what I do indefinitely. I work part time earn enough to live on with a bit to spend on 'fun' . retirement says to me 'no longer capable,' I am very capable - I like what I do I have stuff to get out of bed for in the morning - obligations and motivations. Could not begin to imagine waking up with nothing to do. that's what keeps me alive and motivated...

I can go Retired 55 age in Finland. If you can go Retired then go ASAP. This is the Best time your Life ! Retired 4 You.

Unfortunately he forgot to mention the 2005 meta-analysis by Roese & Summerville, stating that the two biggest life regrets are education and career with 32 and 22 % respectively. I really like his way of thinking but it's all a bit based on the 150 year longevity estimation. Still, evolutionary speaking his system of work is way more realistic and admirable ❤️

Great plan for someone who is able to save money and eat. For many just eating means going into debt.

@rejectionistmanifesto8836

2 жыл бұрын

You most likely are not single or have children

Why be defined by what you do at all? People put too much stock in their jobs, period. I strongly recommend Bob Black's "Abolition of Work".

interesting idea

It is harder now, to make these goals. 2022 .

Live below your means and invest early = simple

Hopefully in this digital age that kind of life will be easier to attain

Wow 😮 earth shattering info. I read rich dad poor dad too. Freelance is right. Why do you think these young people would rather bum money than get a job.

The way people are eating, the speed of life with multitasking and the lack of exercise will keep 65 as the threshold of like in the social security scheme. I believe that you should try and find a work that you like to do and that you find interesting and challenging- that way you enjoy what you do but do not live solely for the work. The secret to saving money is simple- watch your pennies the dollars will watch themselves. Take care of what you have , fix or repair as much as you can before replacing and do without things that are purely superfluous. Don’t live in competition with the Jones. Very important learn about cars they will eat your life’s saving.

While I agree that one should take break from work to re-energize himself, the idea of one must diversify the skill is not for me. You can learn difference things as a hobby but don't think you can earn money from that. Employers only pay the best people in the industry, and you are nobody if you learn a skill for 1hr after work everyday or during a full year break. There are tons of people with 10 years experience out there in that industry. Think about it.

I see this video as a endless rant about everything around me .

I have a carry-on bag, my laptop satchel, and a fresh US passport. I've lost everything else in my divorce; home, car, money. I am 60 years old, and unemployable. I have zero income and zero debt, other than my lease agreement, which I don't know how I will pay. My dysthymia will turn me to the Aaron Clarey retirement plan (e.g., Robin Williams necktie party) when I am out of options.

@takchengsze4719

4 жыл бұрын

Divorce is the worst financial disaster to a man.

Everybody Loves Consultmond.

If you can pay off your house you should pay off your house before investing.. so if you lose your job you're not homeless.. Common Sense isn't so common

@AlexSanchez2254

5 жыл бұрын

I got 5 on it ....or you can invest first while your young and live with parents and buy real estate to hold as rentals then before you move out to buy a house, buy it cash. Or buy a duplex,triple, quadplex live in one unit and let your tenants not only pay your mortgage but allow you to live for free basically. That to me is common sense.

@qazwer001

5 жыл бұрын

disagree, let's say you got a mortgage at 5%(if you have decent credit should be lower), the S&P 500 has averaged something like 9.7% the last 50 odd years and you can write off what you pay in interest on your mortgage for taxes; even after taking 15% off capital gains you will on average do better with stock market. For risk avoidance you would be better off stockpiling a large emergency fund in the short term as if you put all your money into paying down the mortgage then a crisis comes up before it's completely payed off you have no emergency fund and still have the mortgage payments. Even in the long term there is an argument for not paying down mortgage ASAP, it is a low interest method of leveraging your investments that allows you to invest your capital where it can make higher returns than the interest you would be avoiding. As for the wisdom of investing an emergency fund I like a small stack of readily available cash and a larger stack that is invested in bonds and stocks, as they tend to be inversely related(reducing risk for poorly timed crisis) but both have an upwards trajectory unlike cash due to inflation.

He looks 50

@Xn0VV7hj31ph

6 жыл бұрын

p000000Lverr you sound 17

@martymasters1894

6 жыл бұрын

He looks terrible

@RunnerGunner2020

5 жыл бұрын

p000000Lverr it’s his receding hairline.

@elnoruego6854

5 жыл бұрын

@@Xn0VV7hj31ph I am 17 :C

@raphymartinez

5 жыл бұрын

I was thinking the same thing. When he said "we millennials" I was like wtf

6:30 won't be anymore golden years

I wish this is true for me. But I can’t. Too much responsibility and debt to pay. To working poor, this isn’t a possibility when 99% of my paycheck go to pay the bills and save up for tax payment. And I worked two jobs alright.

Earn for the life style you want & you will never have to care about “enough for retirement” cause you’ll always have more than you need.

Hmm....starting over at 53 means starting over in a career making half as much money as I currently earn....why in the world I do that? If I quit my job before retirement (about 7 years or so away) it's to be self employed, I don't see any point in "reinventing" myself just to get another job...at entry level no less.

I waited till 33 to Retire . I'm 52 Now , I am glad I did it :} QC

@tuvshinbatsundui837

4 жыл бұрын

really?

Wait... this dude's a millennial?

@Derpster2493

5 жыл бұрын

He was born in 985.

@Sylvan_dB

5 жыл бұрын

video was posted in 2016 and he says, "several years ago when I was 32". He had to be born "several years" before 1984.

@awe2ome

5 жыл бұрын

1980-1994

@GrantValdes

5 жыл бұрын

Maybe retiring early aged him.

@RogerBarraud

4 жыл бұрын

@@Derpster2493 AD or BC?

We are not living longer. Actually, life expectancy in the US has dropped for the first time in a very long time. Our work lives may be getting longer, but we ain't living longer. Mind the gap

@rejectionistmanifesto8836

2 жыл бұрын

People are so obsessed to live longer but so many hard working end up in nursing homes rotting away and not even visited, loved or taken outside the compound or even building for years or decades

"If portfolio diversification is so important in financial economics, doesn't it make sense that we do the same thing in our work and in our lives?" No. It's called specialization. I don't need a heart surgeon who can also drop a transmission or tile a roof. I want a guy who does this and only this. Also, you never retired, you just quit your job.

@carlseidman9334

6 жыл бұрын

If I'm looking for a medical specialist, I'd agree -- I'd want them to do nothing in their life but spend all of their attention practicing heart surgery. But for most us who didn't spend 10+ years on training, evolving our careers to adjust to changing markets and demands is imperative. Heart surgeons will always be relevant and in-demand as long as people have heart disease. For those of us working in professions or industries where demand changes, we need to consider how to position for our next move. Our jobs and employers may disappear. One day, even some doctors may be supplanted by robotics.

@loutolomeo9860

6 жыл бұрын

Thanks for the teaching moment but I think most of us know about specialization. How about not reducing his talk with a ridiculous comparison.

@TheRealSaintNickNorthside

5 жыл бұрын

Why can't you specialize in more than one thing? I'll let the heart surgeon fix my roof if he also knows how to fix a roof lol

@kerryfoster1

5 жыл бұрын

I've done many jobs. The best involved working with people and travelling, the worst being stuck in one place and producing things - skilled but mind numbingly boring. The money has no bearing on the LIFE satisfaction at all.

get married early, have kids after you get married, dont be housepoor, save first, buy/drive used cars.

Average consumption rate is so imbalanced, that everyone wants everything in life, without putting limits to wants and desire. Americans constitute 5% of the world's population but consume 24% of the world's energy. That's just one example. People consume so much that, debt increase and are meant to work rest of their life.

There are always comments suggesting moving to another country, just as its not easy to emigrate to the usa the same applies to most other countries so thats not really a solution/option

retiree haeven is portugal, holland?

For sure it's not for well employed. It's for guys like me who lost well paid job in mid 40's.

Just listened to part of a video about a guy and his wife who retired at 30 or so. They're 35 and 37 now and have 2 kids. Anyway, stopped watching when I noticed the guy appeared to be missing most of his back teeth. I guess under his "early retirement plan", going to a dentist was a luxury. Thanks, but I'll work a few years more in order to have my teeth a bit longer. ; )

I didnt woked for 14 months since I watchted you earlier. Thank you. I have 20 Lakhs rupes as back up. But just looking for alternative work insted of IT SAP HR conultant.

I give up working in 08, because of my purchasing power is cut in half by the central banking system antic.iam not paying taxes to bail there mistake

its the money system that is the problem

@s.s.9337

5 жыл бұрын

It needs a total renovation

@zdenek3010

5 жыл бұрын

What do you propose instead of moeny system? equality of income? If so, good job trying to get highly specialized and risk job workers to go to their job.

Graduate high school, go to trade school for 9 months and then work as a tradesman. In 3-4 years you'll be a journeyman in that trade making good money and can have a lot saved up too. Then buy a big old house near the university you want to attend. Rent out rooms in your house to other students to pay for it and your education. Now you can work on the side if you want, or in the summers and make good coin. You could also travel every summer and work in your trade. When your done university, sell your house and start your next carrier with a boat load of money, skills and a free education.

good

I intended to be financially independent before AI takes over. There will be no more jobs...

@shanghainoonsmomlovesblack3761

6 жыл бұрын

masayako I doubt it. If no one's working, where will the taxes come from?

@TheRosswise

6 жыл бұрын

Nonsense, not every job will be automated. Just the jobs that do repetitive tasks.

@theAppleWizz

6 жыл бұрын

hahah AI is not for repetitive task its for the tasks that need thinking

@hamzahk.8721

5 жыл бұрын

and how do you suppose companies will thrive if there's no consumers, and who do you suppose will build ai

@DeliveringSolutions

5 жыл бұрын

The problem is capitalism. If production was not about profit margins, but instead about sustainability. Everyone could work 4 hours per day (doing something they enjoy), and know that their needs were taken care of.

This is the privilege of the top 10%. The rest of us forget it.

@kendracarrier4414

5 жыл бұрын

With that mentality is the reason you are not in the top 10%.

Looks like a guy that retired early from telling people how to retire early.

@taoist32

6 жыл бұрын

Iam Ian He looks pretty old for 32.

@HumbleTrader001

6 жыл бұрын

He said "several years ago, at the age of 32....' Not sure what "several" means in this case.

@AlumniQuad

6 жыл бұрын

His LinkedIn profile states that he took his first "retirement" in 2013, which, if it can be believed, translates to an age of 37 or 38 in 2018.

@talknight2

5 жыл бұрын

Dubble D it's in the title of the video...

@AnimatedStoriesWorldwide

4 жыл бұрын

title of the video isn't "how I retired at 32" it's "why" and that's what he explains.

Everyone wants to retire early but how can they do that is the only question they have

I retired today at 43.

Retirement is good but most people can’t Do that. Most will work to not starve most of us does not have parents with real state for example Most of us don’t want to risk on business

Yeah. Let me just stop working for a few years. That's a great idea.

I'm 42 years old .I have chronic fatigue and i wish I could retire. When I go to work 5 hours I feel like I worked 20 hours.

@carerforever2118

5 жыл бұрын

l retired working for an employer at 39 , l'm 42 now and l write personal finance books, and make money from that.

This guy is 39 years old. Not sure why he's calling himself a millennial.

@blackspiderman1887

4 жыл бұрын

By definition he made the cut by 1 year

@cinegraphics

4 жыл бұрын

He has lots of overtime, that's why he's 39. Otherwise he'd be like 17.

When i loose in poker i come to this videos

@---hc6tf

5 жыл бұрын

ahaha

I am planning my Retirement since i am 40 years old and i would like to stay Invested upto the age of Eighty kindly suggest a suitable scheme

@carerforever2118

5 жыл бұрын

Write a book? l retired from working for an employer at 39 , l'm 42 now and l write personal finance books, and make money from that.

Yes love the point of this!!! We are calling people 50 and over old. It is not!! My Mom is 80 and needs to work. Come on.

Basicaly, he said nothing in this speech. Thanks.

👏👏

There are still jobs(teacher+policeman) you can retire in 20years. Not 30-40. And get 80% salary in pension.

@darylford2268

5 жыл бұрын

What state is that?

@darylford2268

5 жыл бұрын

Pensions averages 53% of ones highest earned income and based upon this measure dependency on social programs to compensate seems likely provided you find no part-time work

Well yeah I mean ppl from the 1800s lived up to just a few years ago. If they were living up 120+ and technology and medicine keep improving rapidly then I’d say the first person to be 200 has already been born easy

Fare point but what about the kids mortgage and the wife?

@silviodeassis5728

4 жыл бұрын

god only knows Leave the wife to me.If she is pretty, I'll take care of her.

3:40

How about, starting at 55, we slowly delete a person's memories until at 65 they are barely self-aware and don't mind dying, and don't even feel taken advantage of because they don't remember being screwed.

Do mini-retirements while you are healthy and leave sitting around for your golden years.

move to south america

College is absolute waste of time and money - Invest that money instead

@ragnakak

4 жыл бұрын

well the thing is most people don't have that money. They have to borrow it.