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

[Luke Cage]

You think he isn’t investing, etc?

He’s living on $185k a year. You don’t actually make $4mil and just watch it dwindle away each year. That money is still growing.

I don't actually. but hopefully i'm wrong.
His move to Dubai of all places makes me doubt that he is fiscally responsible.
He could live far more comfortably somewhere else. and visit Dubai whenever he wants. Instead of relocating there.
Sign that he likely thinks 4mil is a lot more money than actually is.

 

[Sauce Mane]

I would not live in Dubai even if you gave me 10 million

 

[Shadow King]

If he's retired at 39, his little black book is irrelevant.

That being said $4M ain't enough...to me...

bro was acting like $4K a month for an apartment was chump change. and that kinda money could get you a luxury apartment pretty much anywhere in the unietd states.

There are a few cities where 4K is a regular ass apartment and those of course are the most desirable.

 

[Windows 91]

Good for him, everybody should be working towards getting out of the rat race.

 

[Ohene]

Check it out. bro was saving every last penny in order to retire early. doesn't sound like he's too successful with the ladies

also, he has no GF/Wife/Ex Wife or kids.

5k in rent a month
He whiling

Why live in Dubai rather than somewhere in Africa for instance

 

[Shadow King]

And of course assumptions are being made about paying for pússy

 

[Sauce Mane]

I don't actually. but hopefully i'm wrong.
His move to Dubai of all places makes me doubt that he is fiscally responsible.
He could live far more comfortably somewhere else. and visit Dubai whenever he wants. Instead of relocating there.
Sign that he likely thinks 4mil is a lot more money than actually is.

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

 

[Ohene]

He sounds goofy

How does he sound goofy? Only a minute in he sounds like a regular Man

 

[Ohene]

he's a lame with paper

What makes him lame lol
I’m confused. 3 mins in he seems solid

 

[beenz]

You think he isn’t investing, etc?

He’s living on $185k a year. You don’t actually make $4mil and just watch it dwindle away each year. That money is still growing.

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.

 

[Ohene]

No wife no kids

Sad

Nah that’s cheat code status

 

[WesCrook]

 

[Luke Cage]

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, he’s dollar still go further there, then 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

I don't trust that a dude who decided to retire so he can spend his money on strippers and prostitutes for the next 50 years of his life, is making good investments and properly managing his portfolio. He seems like that type to invest in crypto. I don't see any reason to assume someone who has shown to be irresponsible in severals ways already, wouldn't also be irresponsible in investing as well

 

[4-Rin]

What makes him lame lol
I’m confused. 3 mins in he seems solid

Envy breh. That man is living his best life, not harming anyone while coli brehs are mad they gotta return to office

 

[Ohene]

I don't trust that a dude who decided to retire so he can spend his money on strippers and prostitutes for the next 50 years of his life, is making good investments and properly managing his portfolio. He seems like that type to invest in crypto. I don't see any reason to assume someone who has shown to be irresponsible in severals ways already, wouldn't also be irresponsible in investing as well

What gives you the impression he moved to Dubai of all places for strippers

What am i missing lol, tall projecting like a mothafukka