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How to Retire in 7 Years Starting w/ $100 [The Rule of 200]
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Schools don't teach us how to build wealth. Instead, schools tend to help us get a job. We learn nothing about the two main phases of life and the tipping point that allows us to retire. The reality is, dividend investing and passive income will not help us retire wealthy. Instead, we need to focus on wealth during a specific phase of our life THEN focus on wealth once we've reached our "wealth target." This video explains the process of achieving this transition fast and starting with $100. It also addresses DRIP (dividend reinvesting) and other well-marketed "cashflow" ideas that tend to HURT our ability to retire early (ironic, but true).
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❎I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Kevin MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Kevin's videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for Meet Kevin®. Any use of other media is by fair-use or license only. The Paffrath Organization is a licensed real estate brokerage doing business as Meet Kevin® in California under DRE #02032575. This is not an advertisement of property for sale. Any mention of properties listed or sale or otherwise shall not be construed as anything other than an opinion for entertainment purposes only.
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