Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

I've been diligently working, saving, and investing towards financial freedom and early retirement. However, the economy's downturn since the pandemic has significantly eroded my portfolio. My question now is: Should I continue contributing to my portfolio in these unstable markets, or should I explore alternative sectors?

All things are possible when a man and a woman see eye to eye and raise a family.

Just watching this episode of "Fire Starter" on Market Watch, and it was incredibly insightful! The concept of early retirement is not just appealing but also crucial in today's fast-paced world. Watching this show has reinforced the importance of financial independence and strategic planning for retirement. Truly inspiring content!

Props to this couple being on the same page

They live like 1st generation Indian and Chinese immigrants who come to the United States. They save, work and save again, many of them while going to school and raising kids. This family is a good example to everyone, good job!

This is a big middle finger to the system. Great work.

I love her mentality. This is an incredible life. Would marry someone like this for sure!

Wow a FIRE movement video with kids!!!! Amazing !!!

A good wife is a blessing. This man is blessed

It's wonderful that these parents can retire and raise their five kids full time. It's heart breaking when parents don't have time to spend with their kids.

Imagine what you can achieve when your partner/spouse/bf/gf shares the same vision as you. This is the example of that!

I watch this video every single day to keep me motivated towards fire movement

This one made me smile. For them it’s not slaving to save the $1 million. It’s was how can we sustain a very simple lifestyle. Turns out, not very much at all.

It’s all about your mentality and discipline. This woman and her family are not concerned about instant gratification. They know in the long run all of their sacrifices will pay off. 👏🏾

They've got their priorities right. People r usually averse to anything second-hand.

What a gorgeous wife to come home to & beautiful family! They're an inspiration.

Her voice soothes my soul. I feel like I can do anything if she’s telling it to me lol

The key is living in a cheap state

I did something similar. Bought the worst house, stripped it, spent on the floor in the cold and slowly fixed it up using cash over years, not weeks. Best time of my life but the neighbours hated me for not doing an expensive fast track renovation.

I watch a lot of FIRE videos and I've never seen a couple doing so well with an average income and especially with 5 kids. Great job, congrats !!

I sooo admire your values. You are going above & beyond what "the normal" is...whatever that could be. By living below your means, sacrificing & having a lofty goal in mind, you have put into fruition your dream. I am both humbles & proud of you. Keep on fighting the good fight!!!

That lady is phenomenal. They seem such a lovely family. It’s nice to see people that have got it together. They’re teaching their little people great values.

I watched so many video about so called FIRE movement, and this is the first one that sounds real and doable, Thank you for nice video. I'ts nice for them they are on the same page.

A soldier, his spouse, and their kids deserve a good life. This is a great success story.

This is such an exceptional example of FIRE! I'm so happy for them as a family. It really makes me want to do this with my wife and kids when I'm older.

Jillian and her family are amazing! They have hacked the good life!

It’s hard to do it with kids, it’s amazing they did it.

What a Smart Woman!!! She's also a great mom!! Keep up the great work lady, good example for the viewers!!!

This is So inspiring. I love to see others that think outside the box. I just purchased first home cashnas a single mom. I'm excited to share my journey!! U can do anything you put ur mind to.

Awesome 👍 reminds me of living off second hand clothing store: Goodwill and cutting off unnecessary expenses, while in Hawaii back in 2010-2012. Thank you for sharing ❤️

Wonderful to see such healthy priorities .. well done.

They are smart and savvy. Living on floors and having a flooded home had to be difficult, but it turned out fruitful for them long term. Almost all parts of Montana are affordable as well.

This is a BEAUTIFUL story! Love this! They will never be sorry for being with their kids and each other.

I love this video. It constantly inspires me even though I am older and am making lots of changes in my spending.

Damn. A one bedroom condo is over $500,000 in Toronto. $50,000 for a house is a steal.

I couldn’t love this video enough❤️ Our family is debt free. I work part time while my kids are in school and my husband works as a railroad conductor. My hubby wants to retire early as well!!! Maybe in 10 years. Our passion is in the Mission’s field. We’ve gone several times in the Philippines🇵🇭 and we fell in love!!! Our two oldest has gone on Missions Trip to the Philippines and they loved it as well!! Our kids want to be Dr.’s and we’re planning on them going to the Philippines🇵🇭 to take Medicine. It’ll only cost 1/4 of tuition if they study there instead of the US!!! Having a Why and and Goal really helps when you want to be Financially FREE!!! Most of all we just want to be obedient to God’s calling in our lives❤️ Blessings to your family!!!

i was already excited to hear what she had to say, but wow! she is a beautiful person inside and out.

This is so great! I wish this message and families like this got more exposure in the mainstream.

She would do well as a financial adviser to other women who want to be in her position.

Never occurred to me to look for food that way.

I'm just going to go ahead and it.........This is by far the most adorable FIRE story ever!!! Loved it! Big thanks Marker Watch for making this video!!! ✨✨✨👌👌👌

inspiration and definitely financial goals for me...we are on track...love this!

Even someone close to retirement could learn from this example. Spend less on housing and more on experiences. Stick to a budget. Learn to live without one income stream. Use 4% of investments. It's realistic and can work. SMART! Specific, measurable, achievable, realistic, timely.

I'm falling in love with this *_F.I.R.E_* concept. I'm looking at my expenses now and I am spending WAAAYYYY too much money on 3 phones and internet. It's time for an overhaul. Also, I love love love the $1.00 per pound strategy. That is amazing.

I have jumped on board and became a fire Starter . Can't wait to reach my financial goals in seven years 😊 Yes!

Wow, smart young couple with vision and grit. Good on them.

Yes, finally a couple with kids. Usually when you hear stories about people retiring early, they are single with no children. Their story is so motivating.

Renting out your main house is a nightmare waiting to happen with just one wrong tenant. Eve n if they don't thrash the house or squat in it, leaving out all my stuff is traumatic and so is the accounting for potential theft and misplacement.

Now this is how you do FIRE!!! Great job guys! Way to do it.

This is how to do it. They’re taking the correct actions and have the correct mindset. Hoping they’re still doing well in times like this.

Damn that’s will power..that’s 2k of saving per month in 10 years with lots of mouth to feed. 🤗

Somewhere down the track, these people will become millionaires.

Very informative. Thank you for posting this.

Absolutely loved this ! I want to be financially so free

With that many kids and that little of an income they have to be on some sort of subsidized healthcare plan, likely the ACA. I'm not criticizing though it's just so many of these type of stories never addresses the health insurance portion and with food and shelter it's the big 3 of most important expenses before you can retire in my humble opinion.

They should start a KZfaq channel

Thank you to market watch for making the world a better place..................

Please share other F.I.R.E movements WITH KIDS!! This is the absolute best video on the topic!

Respect. I admire your focus in understanding sources and expenses. A possible expense to be chipped away are utilities. However, I have no idea how much of this is water, electricity, wood, or gas. Your state and utilities might offer incentives to reduce this. A possible, immediate way is thermal energy. A hot water heat pump from A.O. Smith might cut hot water expenses in half. Another expense is food. If you can, for instance, buy grains such as wheat; mill the grain into flour; process this into pasta, bread, or pastries. If you are a coffee drinker, you can buy green beans; you can roast the beans, and make your own espresso shots. Finally, you can, for instance, do canning for tomatoes, and use this for pasta. The result is fresher, better tasting food without preservatives at a lower cost than grocery food. Canning, also, allows you to buy in bulk when supplies are larger and at lower prices. In addition, you are training your kids to stand on their own.

this is why more and more Malls going empty , people are getting smarter with their money !

Great job guys ,keep on enjoying the fruits of your labor

Inspiring and very well done. Thank you for sharing.

Easy with common sense and living in a cheap state. We’re saving 3k each month plus investing 1k a month just to get started.

Hi im Asian and everything in this vid is common sense to me,

Beautiful couple. God bless you’re family

The key is you guys work together and stay faithful and family focused. Put each other first and cut cords with anyone who tries to bring drama, including so-called friends. My ex and I were doing everything right, but then bad association made her discontent, then and affair, then divorce. You can have the best intentions, but if you have the wrong partner you will get now where. God bless you and your family. Much love. You are very fortunate to have found each other. Don’t take it for granted.

Smart people.

Living in a place where you can buy a house for 50k was the first stepping stone imo. Not everyone is so lucky. But good on them.

Loved this video!!!

Y'all are richer than most! Family first , God bless

Has she started a podcast or ASMR channel yet? I’d totally listen to her.

What they didn’t mention was the cost for their second home as a rental. Cost to remodel an entire house while taking time off work to do so and a few other huge expenses.

wishing you guys continued success.

wow goosebumps right on. cant wait to read the book!

So your saying if we start spending less, avoid gluttony in food, clothes and life we would be more FREE. Sign me up....☝️

Plus all the earned tax credit return money from the rugrats that wasn’t included- almost 7k and rental deductions

Much love to this 👪

This is very inspiring, especially achieving FIRE with 5 kids.

Okay family of 7 health insurance?? Is this covered through the military?

Please make this a series so Graham Stephan can watch this and review it

This is awesome - God I want to move to Montana. Great job Liv Tyler and fam

What a lovely family!

This woman needs to teach other potential wives to be like her. Would probably save a lot of marriages.

$7 for a cellphone bill? What provider you got

She's so calm

They are very lucky to have each other with the same goals. Me and my wife do not see eye to eye at all regarding finances. We live in north Texas (Dallas/Plano). We are a family of four. I made about 155k per year for last twelve years. She started working three years ago and made about 50k each year. Here are some things that happened: 1) She spent $7000 on a trip to Spain while we had two car debts. 2) While we were in Spain, she spent $2500 on a purse (completely hiding the purchase from me) which she cannot return. 3) We spent $4200 on our daughter's high school graduation party. Her argument was, since we got gifts of about that much it was a good decision. 4) Our daughter could have graduated debt-free from college and with $15k in her hands. Instead of supporting me in this decision, my wife gave an example of someone who took ten years to pay off college debt. Her point is, why should our daughter graduate debt-free when so many people are graduating with a lot of debt. Our daughter now has about $52k in debt when she graduates in two months. That is after paying off some loans through internship. 5) We were in a 2000+ sqft house - 4 BR 2 BA. She incessantly complained for months (asked our daughter to join in) as the friends we hang out with have much bigger homes. We are now in a 3800+ sqft home with $288k in debt. 6) She doesn't share how she spends her earnings with me. She doesn't even let me see her paycheck. She tells me that since I am the husband who signed that I'll take care of her during our wedding, it is my responsibility to support the family not hers (this is due to the rules in our religion). There are numerous other smaller incidences. Folks, sorry to make you read this. Just sharing this with you to feel lighter.

Key thing is that most of these people are married. It’s makes a big difference when you have two incomes coming in.

Where do you get health insurance for free? Is it part of the military pension?

This was so beautiful.... I'm more inspired now than ever! 5 kids??!!! There is no excuse for anyone now after hearing this story!

I like her way of spending money she’s very spot on , I learned a lot watching this video

Lucky you have a VA health insurance , otherwise it cost a lot for family per month

Anyone else notice they dont pay forr health insurance. How is it possible to save 25 thousand a year for 10 years with children? Anyone please enlighten me. Especially not even 100 grand. Year.

Immediately love these people.

Taking care of the biggest expense like a hero, wow. I’m inspired

This is amazing but I want the cell phone company hookup. $7?

Where I live, the median income is ~$36,700USD. In my city, a run down or simple 3 bedroom house would be ~$250,000USD. There's no such thing as $50,000USD houses.

Wow congrats! 50,000$ home. I’m in SoCal can’t find 50,000 homes cheapest here is 435,000 where I live. more power to ya!

Damn they made it in life. Absolutely wonderful job from both parents. They are obviously pretty damn smart with money. Love it!