Our House Sold What We Did With The Money

Our House Sold What We Did With The Money - Fundamental Investing

Рет қаралды 85,443

3 жыл бұрын

Investing the equity from our house sale when we retired and downsized to an apartment. We show you when our house sold what we did with the money, fundamental investing tips. We suggest things for you to consider when downsizing from your family home and investing the capital for your retirement.
What did we do with the money from our house sale, there are certain things that are common sense, pay off any debts and credit cards you may have. Walk away from your family home debt free. Start retirement with a fresh slate and being able to live on a smaller amount of money.
Retirement and being debt free reduces greatly the stress of retiring and makes life more enjoyable and frees you of time and worry about managing paying loans on time. We were lucky our house sold and what we did with the money is our experience, we are just sharing ideas. More importantly we are not Financial Planners and if you have any doubts about your retirement income or money please find professional advice.
We are not financial advisors these videos are for entertainment purposes only, we are not giving you financial advice.
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Пікірлер: 528

@tchilds1077 2 жыл бұрын

Hey … I am in Australia and I just love your videos. You both make me feel so happy watching you both and how you really are a team. You give great advice and I love hearing about all the things you have learned along the way and how you share that with people,like me. My husband and I both have executive jobs and I am looking at stopping work next year (I will be 55) and my husband will work until 60. I won’t have to touch my superannuation. I have wanted to stop work for a long time but we have been working really hard to pay off a couple investment properties and become mortgage and debt free. I can’t wait be to a homemaker and hearing your stories makes me even more excited.

@FrankBatistaElJibaro 2 жыл бұрын

For those in the United States, the TFSA mentioned here by Norm and Tina which is a tax deferred savings account in Canada which doesn't tax the income and is totally tax free, has an equivalent in the USA called the Roth IRA. Both work to save retirees on tax. A great vehicle to place your money in if you're interested in researching it.

@barbbouma4838 3 жыл бұрын

You too are adorable and I am 50 this year and trying to figure out the power of compound interest. Hoping to retire at 60 or 62 and travel the world. You two are an inspiration, and I can’t wait to keep learning from you both 🤗

@justinmacumber 3 жыл бұрын

That is a beautiful house.

@susanb8724 2 жыл бұрын

I'm really intrigued by you selling your house and living in an apartment. I had never even considered this concept.

@heyjenb 3 жыл бұрын

You two are adorable, I love the fun you clearly have in filming your videos, your enthusiasm is infectious. I also live in Toronto, I'm 51 and thinking more and more about how I will be able to retire. Thank you for your videos!

@fum00A 3 жыл бұрын

Interesting that you can contribute to the TFSA without having any earned income. That isn't possible in the United States.

@abbibrophy7671 3 жыл бұрын

love your channel!!!

@staycasual7203 2 жыл бұрын

Everytime I hear “Norm” it kills me laughing 😂. Salute from Bury St Edmunds, Suffolk. I hope to follow you out to Canada one day. Peace ✌️

@bluenoser1567 3 жыл бұрын

Ha Ha! Great story. Sounds like you know a thing or two about saving and investing. Good advice and you are fun to watch ... Cheers

@janettouhey7728 3 жыл бұрын

what a lovely couple . i am 64 & newly widowed . We raised 5 kids on one average salary , had a really good life and lots of fun and travelled to over 48 countries in the last 10 years . Basically we were able to accomplish this by investing in humble real estate and improving it with sweat equity and not getting into debt over cars , clothes,eating out or buying new furniture .

@patsycathcart1 Жыл бұрын

You’re videos are so practical and exactly what we need to hear…. Just wish you were in the US. ❤

@Claudia-yd3dd 2 жыл бұрын

You both are too nice, very interesting what you have to say. Thank you for sharing, Greetings from Hamburg, Germany

@davidfolts5893 2 жыл бұрын

Many wise financial choices and a positive sequence of returns for your investments. Well done!

@arfinsyed 3 жыл бұрын

Thanks for your channel. You guys are showing the youngsters how we should plan for our retirement as it ought to be lived!

@koichiando3500 3 жыл бұрын

Investment allocation is good. Great plan.

@neilwadden1749 2 жыл бұрын

What a wonderful happy couple. I’m happy to be a subscriber.

@raysboatingandadventure1277 2 жыл бұрын

I agree with what you think! Good job in my view.

@royking7298 2 жыл бұрын

Thanks for this one. Very timely for me. My house went on the market yesterday. Retirement comes in 3 weeks. Sounds like we agree on how best to manage the cash.