15 Things You MUST DO To RETIRE EARLY

Where did you get your name Alux from

All I wanted to do in 1997 after high school was to serve in the U.S Army and be able to give back; little did I know 25 years later and at a ripe age of 44; its my ticket to early retirement.

Surround yourself with like minded people who reaches similar goals. It’s not as crowded on the top. Bring some company together

I’m retired and I am still saving and investing. Just a habit I guess.

Develop a Hobby as well.

If you're entering adulthood (teens to early twenties) recommend living with your parents (assuming they're around, stable household, willing and welcoming) to cut down on expenses. Be it you go from H.S. & go straight to the workforce, go to university or what have you, minimizing living expenses is (usually) a hefty amount you can divert to investing or scaling your enterprise. (this is among other things, is what I did in university to come out debt free)

There's also rooming with a group of people, this is also a cheap option but please note it's more of a magnifier of accelerating or decelerating your enterprise/investments. Peer pressure ain't no joke, bad roommates who don't clean up after themselves (physically, emotionally, etc...) ain't no joke, but, if you can find people who are well put together and aiming in the direction you aim (early retirement among other things) that is a game changer like none other. (2 heads are better than 1? more like 2 heads >10x what would've been from 1!)

Former option is a staple for majority people, if you've a bad (may so much as be kindhearted but inept when it comes to where it counts) group of people with you then stay home. If you've a good group of people around you then pair with them and go as a pack. (usually in 3 months time you see if it's a good group of people as each person's quality of life would've increased dramatically by then)

16. Don't have a kid out of wedlock or before age 25.

17. Marry a person who has the same financial philosophy as you do.

Most of these items are mentioned in a book that Aux recommended. Money, Mastering the Game by Tony Robbins is a great lesson on finances and because you recommended it I made sure I read and learned from it. Thank you ALUX!

Now I am seeing lot of spamming in comments in ALUX, you can't make money in bit coin 👛 or share market without own research or without loss, I am 54 and investing directly in shares since 30 years so far could achieve a maximum 15% and minimum 6% appreciation on yearly basis. But I've built a good portfolio to last my life time . these consultants who advertising like this will suck your hard earned money

Only Network Marketers ever want to retire early. If you’re not passionate about your field, it’ll make you retire early.

I used to be a grocery store deli clerk, if I had relied on my company's 401K plan I never would have become a millionaire in a 3 year period of time. If you want actual real world advice talk to me.

You know how much money is going from you and how much you are getting as well.

Drinking more water and less of sugar-sweetened beverages such as soft drinks, sports drinks, and fruit-flavored drinks.

Starting a business from scratch is where most small business owners begin, taking a passion and skills and combining each with real world applications.

On the surface, retirement planning hasn't changed all that much over the years. You work, you save and then you retire.

Critically, risk management plans include a risk strategy.

What a splendid advice. Just when I needed it

No bonus this time :(

You know how read people's minds
that's awesome !!!

I retired early by living like ancient greek philosopher Diogenes

U can't be rich with your savings

great video, even on my channel I create videos similar to yours and you are always an inspiration to me, thank you

You forgot pray & win the lottery 🤣😂🙃😉

I FEEL LIKE THE HOLE SEASON IS OVER, I'M TRYING TO
GET INTO TRADING AS A ROOKIE, BUT I'VE HAD SO MUCH
LOSS TRYING TO TRADE ON MY OWN, PLEASE WHAT
STRATEGIES DO I NEED TO EARN PROFITS FROM THE
MARKET

I am sixty and retired three years ago.If everyone retires in their 30s and 40s who will produce all the goods and services required by everyone?

Save invest long and short in auto mode will really help

With all do respect @Alux, 401K are different and if the employer does not contribute, it might be not such a good idea to participate in. You might be doing better by investing your self (no advisory fee) in dividends stocks (with no prior knowledge) for long term. Was it Ray Dalio or Warren Buffet who said that monkey has the same chance picking a good stock as their trained investors?!

1Defineyourretirement
2Planforyourhealth
3Signupforyouremployer'sretirementsavingsplan
4Understandandplanyourearlyretirementhousing
5Understandthatyouwillneverretirefromasalaryjob
6getdisciplinedwithyourmoney
7Lfestylechange
8Understandyourcurrentfinancialsituation
9Investinyourfinancialknowledge
10Prioritizingyourfutureoveryourpresentsituation
11Savethemaximumamountyoucanafford
12Findyourtargetnumber
13Buildabusiness
14Learnaboutriskmanagement
15Drawaplan
Don'tforgettoenjoythepresent

how narrator didn't say that the must thing you have to do is watching 15 videos in alux channel daily?

Soy boys are losers.

Alux has a video titled don’t hold cash.
In this video, there are a few points that require saving cash. So, what’s the middle ground? Especially if the rumor is cash will be obsolete by 2024?

You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something – your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life. --Steve Jobs

Ok! Hi Alux gang!

Very helpful content! Going to consider this moving forward!

Retiring in My 30s Lords Will 35 Already Actually Ready DON'T WANT TO WORK 30 YEARS TO ENJOY LIFE AT 65 NO WAY!!! THE TIME TO ENJOY GODS BEAUTIFULL WORLD AND LIFE IS NOW NOW!! 🙏GRATEFULTHANKFULLBLESSED

‘’Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off."

If you do the calculations and figure out that if you stay on the same course, you will be lucky if you can afford a Van down by the River in your retirement, it is time to change course

This is a good life master plan, earlier to earn for being earlier to retire…

Amazing and inspiring great job 👏

This was an awesome video and helped me think. It changed my outlook on retirement. Do I want to keep my business or do I just want to switch at an investor, or both. Thank you for always being right on time. Your always in my head and always bringing up topics that I think about.

#5 is cap lol crypto will retire me and all i ever had was a job ! Don’t believe that one just be creative and set 10% of you’re income for cryptos like DAG EGLD QNT. Also ditch you’re retirement savings or take some to invest in these cryptos

Welcome to Alux.
Place where come to get inspired.

When you invest you're buying a day you don't have to work

She suggests to cut a $10,000 vacation down to $5,000. $5,000 ?!?! "What you talkin' 'bout Willis ?"

Our family bought a camp tent, cots, sleeping bags, Coleman camp stove, and gas lantern -- at Sears. Then went camping, dirt cheap, at State Parks in eastern PENNA. Or, sometimes, Jersey or Maryland shore.

Every year in the fall, we went north to the Penna Grand Canyon. To see the colorful spectacle of autumn leaves (and deer spotting). We saw a Real bear, no more than 30' away. In the fall, we rented old house trailers (warmer than a tent). They were standing idle, to be used by hunters, later, in the winter.

All Perfect fun and healthy exercise for us kids. Great life-long memories, over 60 years later.

I can't understand why anyone would go to Disney Land, at great expense, and fight the crowds.

After all, "vacation" is a "get away". From the hustle and bustle. To a quiet, slow-paced, simpler life-style. For a week, or long week-end. Surrounded by nature. Camp and woods is ideal.

Hush, hush. Don't tell the park rangers that Mom and Aunt Doris always dug out ferns and other exotic plants. You wouldn't believe the astounding array of deep forrest species we had in our suburban yard. And, OOOH, the "pets". Turtles, frogs, toads, salamanders, chamelions. Everything except snakes and spiders.

My biggest obstacle in my way right now is learning how to accept rejection as I continue looking for a wife to compliment my home

I'm not in any event, joking when I say that the market slump and high inflation have me genuinely worried and stressed over retirement. I've been in the red for some time now and in spite of the fact that people say these emergency has it advantages, I'm freaking out however I get it, investing is a long term game, so I attempt to zero in on the long haul.

Reture young reture rich by Robert kiyosaki

Or invest till you have an income to a point where you can retire but you just want to continue work for love of your job. It makes a lot of difference