How to Retire NOW & Never Work Again (3 Ways)

Free Money Monday Cheat Sheet ►

👇 SUBSCRIBE NOW 👇


Follow Me On Instagram: @clarkkegley

Let’s get straight to it and deliver on the promise of the video. You're going to find 3 ways to retire early today. There are NO magic money machines in this video or get rich quick methods. So how do you do this? Let's first define what we’re talking about:

Retirement DOES NOT mean millionaire
Retirement DOES NOT mean effortless

I define retirement as not having to work and still being able to LIVE. Pretty much where you have all your food, shelter, safety, insurance, car, etc covered. How good/bad you want the QUALITY of your retired life is up to you.

Make sense?

3 WAYS SUMMARY:

1. Passive Income
How much do you need to make this happen? It depends on your lifestyle…

Let’s just use numbers:

MILLENNIALS: spend about $200/day ($73k/yr)
AVG USA: $164/day ($60k/yr about)
AVG LIFESPAN: about 79 in USA

Say you’re 25 years old need 54 years at $73k/yr ($3.9M)
NOTE: Inflation! About 2-3% year adds up!

But hopefully, your investments grow with it. That’s the point of them.
Saving $4M and using it as a trust fund is not only dumb because of inflation losing you money, it’s hard! The solution is to find Passive Income that makes you $73k/yr.

To simplify this: Method ONE to retire early is where your passive income exceeds living expenses.

Free Money Monday Cheat Sheet ►

2. Burn Rate ZERO
Pretty much becoming a Monk, Minimalist, etc

You might have heard that first option and thought: “Woah! $200/day sounds crazy! I can do it for way cheaper!” or maybe not!

But hopefully, you get the point that the more you spend the more you need to make.

3. Best Choice:

(stop reading and watch the video to find out)

Welcome back to the Money Monday series on Refusing to Settle! Each Monday we give you tips on how to save more money so you can have more freedom. Other topics: Investing, Personal Finance, Stocks, Saving Money, Passive Income, and much much more. Free Money Monday Cheat Sheet 💸►

★☆★ MY BEST VIDEOS ★☆★
▸ Money Mondays |
▸ Passive Income |
▸ BEST of 400+ Videos |

★☆★ MY COURSES ★☆★
▸ Video Breakthrough Academy |
▸ $10 YouTube Course |
▸ Courses That Crush |
▸ Coaching With Clark | (serious applicants only)

#RetireEarly #PassiveIncome #SaveMoney

Please always check with a professional before making any moves with your money. These videos are for educational purposes only. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional!

Affiliate Disclaimer: This description contains affiliate links. If you decide to purchase a product through one of them, I receive a small commission at no cost to you.

This video is about saving money, passive income and how to retire early by spending less and making more money.

how to retire early,early retirement,passive income,financial independence,personal finance,financial freedom,retire early,the dave ramsey show,financial success,no retirement savings,retirement savings,money mondays,