ACCOUNTANT EXPLAINS How to Retire in 5 Easy Steps | Why Doing Nothing Will Make You Rich

In today’s video, I will show you the math behind how you can retire with over $1M, starting with just $50K, in 5 easy steps! Alternatively, I also show you how you can retire starting with $0 and how much you need to starting putting aside for a comfortable retirement.

00:00 Intro
00:15 Step 1: Plan for Retirement Today
01:11 Step 1 Example - Scenario 1 ($50K saved) vs. Scenario 2 ($0 saved)
02:23 Important Caveats - 5 Tips to Consider
04:37 Step 2: Live Below Your Means
06:29 Step 3: Invest in Diversified Portfolios
08:19 Step 4: Be Consistent
10:06 Step 5: Sit Back and Relax

Disclaimer: Note this video is not financial nor accounting/tax advice and should be used for entertainment purposes only. Consult with your own financial advisor, accountant and/or tax advisor for advice related to your specific situation.
________________________________
MY FAV SELF-DIRECTED INVESTING PLATFORMS IN CANADA (Invest in your TFSA, RRSP, FHSA)
💰WEALTHSIMPLE TRADE (Best for Beginners) - Canada's first $0 commission stock trading app – sign up and get FREE TWO STOCKS using my link: https://my.wealthsimple.com/app/publi...

________________________________
FREE RESOURCES
💰FREE BUDGETING TEMPLATE https://www.gabrielletalksmoney.com/r...
________________________________
CONNECT WITH ME
💼 Tax & Accounting Services: https://www.balanceandwealth.com/
🌍 Blog: https://www.gabrielletalksmoney.com
📸 Instagram: @GabrielleTalksMoney
________________________________
WHO AM I:
Gabrielle is a CPA and Tax Expert, as well as the founder of Balance + Wealth CPA, a licensed CPA firm that specializes in Tax. Prior to starting her business, Gabrielle worked as a Tax Manager at one of the Big 4 Accounting Firms for 7+ years, advising Fortune 500 companies. Gabrielle posts weekly videos on personal finance, business finance, and tax tips.
________________________________
*This description contains some affiliate links, meaning that I may earn a minimal commission if you click through and use these links (at no additional cost to you).