Passport Bro retired at 39 living in Dubai off his $4M in retirement from working in Tech (CNBC Make It)

[Gloxina]

I agree Dubai to retire is not fiscally responsible

But if he has 4 million invested and given average return of the market is 10% before adjusting for inflation ( since he lives in Dubai, his dollar still go further there, than it does in US I’m assuming) and if he’s living on 185k a year. Means he withdrawing 4.6% of his portfolio each year and his portfolio still compounds yearly by 5.4% in 10 years his portfolio will be at 6.7 million

Of course this all fluctuates based on how’s stock market doing and economy in general

But overall, his 4 million continues to grow even if he withdraws 185k from it to live on

for sure. a modest 4.5% return on his $4M would give him 180K in passive income.

and I don't believe he's spending all of his money each year.

Exactly. Maybe not Dubai, but I’d do the same damn thing if I had $4mil. TF are these brehs talking about

 

[O.T.I.S.]

Brehs in this thread really calling his man corny for not having a wife and kids




Coli nikkas man

Mad that he pocketing his millions by himself

 

[Gloxina]

Honestly i feel like its pretty good assessment for anybody thinking retirement to dubai of all places is a good idea.
But as i said, anytime yall find out somebody has money you immediately start respecting them or thinking they are financial geniuses for some reason.

It’s not that anyone thinks he is a genius; it’s that he did what most ppl in this life won’t be able to do— he put himself in a position to CHOOSE. He beat the game this system traps you in. That’s the point.
Most Americans can’t afford a $1200 emergency.

This breh is fukking amazing. Nothing wrong with acknowledging that.


He’s a rich 39 YO. He can go back into tech, get married and start making 6 figures again like it’s nothing. He can pay for a professional degree out of pocket, go to school full time and start a new career in the next 2-4 years.

Or he can remain single and explore new hobbies and talents.

He put himself in position to have OPTIONS. He beat the corporate game.

It’s a big deal. He did good.

 

[feelosofer]

My sister used to work as a teacher in Dubai. My guess he probably has some investments or something because if the school my sister worked for didn't pay for her housing on top of her salary she could not afford to live there. 4 million would drain away pretty quickly over there. But with his skills he could pick his projects.

 

[4-Rin]

Bc he moving corny. No family. No wife no kids. Self centered.

I think that's goofy. Is what it is breh...

Would he get your approval if he was divorced with 3 kids and paying child support?

 

[O.T.I.S.]

It’s not that anyone thinks he is a genius; it’s that he did what most ppl in this life won’t be able to do— he put himself in a position to CHOOSE. He beat the game this system traps you in. That’s the point.
Most Americans can’t afford a $1200 emergency.

This breh is fukking amazing. Nothing wrong with acknowledging that.


He’s a rich 39 YO. He can go back into tech, get married and start making 6 figures again like it’s nothing. He can pay for a professional degree out of pocket, go to school full time and start a new career in the next 2-4 years.

Or he can remain single and explore new hobbies and talents.

He put himself in position to have OPTIONS. He beat the corporate game.

It’s a big deal. He did good.

Facts

Instead of working until 65 just to possibly get a check that might not even be there

Buddy is wise. Now he can choose whoever and whatever. I didn’t watch the vid and not thinking he’s some sort of genius, but what he did takes a lot of willpower.

 

[R.E.N. Spells Ren]

He’s def frugal using that FLX4

Props tho. Lmao @ Coli brehs lecturing him on living in Dubai. If you watch the video, his visa expires in July. He’s not looking to grow old there. He’ll be off to the next locale.

 

[sportscribe]

The amount of assumptions I've seen in this thread are wild.

- He's corny
- He's in Dubai blowing his money away tricking
- He has no investment sense ()


Nikkas acting like he spending money he won in the lottery. This man has been working for some of the biggest tech firms in the world.

Imagine you in his position taking advice from Wallgreens cashiers. Why can't black people see other black people do well without hating off the bat?

 

[Gloxina]

The amount of assumptions I've seen in this thread are wild.

- He's corny
- He's in Dubai blowing his money away tricking
- He has no investment sense ()


Nikkas acting like he spending money he won in the lottery. This man has been working for some of the biggest tech firms in the world.

Imagine you in his position taking advice from Wallgreens cashiers. Why can't black people see other black people do well without hating off the bat?

It’s amazing isn’t it lmao

 

[Gloxina]

Facts

Instead of working until 65 just to possibly get a check that might not even be there

Buddy is wise. Now he can choose whoever and whatever. I didn’t watch the vid and not thinking he’s some sort of genius, but what he did takes a lot of willpower.

It’s amazing how many ppl really can’t think outside the box.

 

[BaggerofTea]

giving money to racist arabs isnt the wave

 

[Oldschooler]

I saw this the other day and knew it would be posted here. Nikkas in here hating hard. Breh is a fukkin computer engineer and came up during the tech boom. He was making $750k+ per year. His knowledge and career experiences alone means he can go back at anytime and make a salary most you would only dream off or never reach in life. Looks like he probably burned out and decided to travel. Settling in Dubai means you pay zero taxes. I'm sure he's investing. Even safe investments in broad market indexes making you 4-5% on $4 million will earn you $160k+.per year. He's definitely not average.

 

[O.T.I.S.]

He’s def frugal using that FLX4

Props tho. Lmao @ Coli brehs lecturing him on living in Dubai. If you watch the video, his visa expires in July. He’s not looking to grow old there. He’ll be off to the next locale.

Facts at this too

nikkas aint never been no where

I’d stay a season at whatever country I felt like with even that amount.

Plus, he obviously has the skills to work whenever he felt like. Probably could go into consulting and use it as play money.

And he still young enough to start a fam if he wants. He definitely can choose his chick wherever

nikkas are visonless

 

[MaxBundles]

nikka made millions, retired before 40 and didn't let no bytch trap him and you lame coli idiots calling him financially irresponsible and corny

 

[The Fade]

nikka made millions, retired before 40 and didn't let no bytch trap him and you lame coli idiots calling him financially irresponsible and corny

Internationally Black people, men and women, think you’re not a man if you don’t have kid. Even having a backshot baby you neglect is better than running through hoes and not getting caught. And you gotta be like Hushpuppi

We all supposed to be the same type of nikka