Kevin O'Leary reacts to a couple who retired in their 30s with $870,000: 'I like people that plan'

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Kevin O'Leary reacts to a couple who retired in their 30s with $870,000: 'I like people that plan.' (via CNBCMakeIt)

with a combined net worth of $870,000, talk about the importance of being financially savvy because they haven't added a penny to their investments since they left their full-time jobs. They currently live in the Arizona desert and keep their spending to a minimum, including just $144 in property taxes each month.

Though the Adcocks admit that their choices are different from many other people their age, they have no desire to go back to their day jobs. They also have no regrets about the cost-cutting measures they had to employ to get where they are now, including selling their house and eliminating almost all their restaurant spending for more than a year.

O'Leary said that the couple earned "a very high mark" of 8.76 out of 10, for the simple reason that they had a well-thought-out financial and life plan.

 

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MakeIt You can add words like 'Kevin O'Leary' to your muted words list if you're like the other 99.99% of the world that doesn't give a shit about his opinion

MakeIt Not even close to enough money, especially for such a young couple.

MakeIt 그리스도 예수님께서 갈보리에서 흘리신 보혈로 우리를 의롭게 하셨습니다. PreparationForRapture

MakeIt Fatty boom pump ICP nowwww !!! 100X, BTC integration is here !!!! Y48

MakeIt Until one of them break a tooth and have to pay 100k in expenses. 870k just wont cut in the U.S, with the horrid systems in place, or rather the lack of such

MakeIt horrible

MakeIt wow

MakeIt Bitcoin topped the closely watched $50,000 level for the first time since mid-May in an ongoing recovery in the cryptocurency market from a disorderly rout just three months ago. With trade signal from Mrs Melisssa_Fx I was able to day trade my portfolio to 8BTC

MakeIt Considering that the money will have to last for 50 years, I would have preferred a little bit more than the 870 k.

MakeIt Huh, in your 30's and retire with less than $1,000,000?

MakeIt

MakeIt I saw this & thought who the hell retires in their 30s with less than a million? So I read the article. These people are NOT normal, and ’s tweet is clickbait. 😒

MakeIt PLEASE 🙏 GOOD LIFE CHOOSING EVERYONE

MakeIt Way too soon, until they plan to end it in sixties.

MakeIt It’s beyond planning. That take earning a lot of money as well.

MakeIt good luck

MakeIt That’s not enough to retire on unless it’s not in the west

MakeIt 이 세상의 모든 부와 재물은 한 영혼도 구속할 수가 없습니다. RedemptiveBlood

MakeIt That couple is not in their 30s lol

MakeIt after retiring : move to a country whose exchange rate is 14,000 to $ 1.00 and where you can invest in a 30 year bond at over 7.00% and you can live with less than $ 5.00 a day in many smaller towns

MakeIt The picture is deceiving because there is no way those ppl are in their 30's... I give them mid 50's.

MakeIt I retired under 40 because of litecoin.

MakeIt In traditional market that’s not enough money (~40k). But that’s over 100k passive income on DeFi... just saying 😉

MakeIt Good for them if that's what they want. Seems like they are taking a big risk, though. If the market consistently performs above 15%, they'll probably be fine. If 2008 happens again, screwed. They're going to have to watch every penny until they die...not my ideal.

MakeIt I will tetire on $200 a week. All bills paid, kids educated. I be free.

MakeIt Do they have money to cover healthcare after 50?

MakeIt Unless they hated their jobs, they do not have enough to retire comfortably

MakeIt How do you retire with only 900k?

MakeIt Wife still drinking and boating?

MakeIt good

MakeIt What he really means is that he likes rich people

MakeIt ooks ooks onooks onooks

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