Someone in the comments asked me "Why VYMI and not other ETFs or other diversification? Most recommend moving to less volatile investments as you approach/enter retirement." I thought that was a good question, so I wanted to share my answer in a way that more people would see it. There's a number of reasons why I think this is a great choice... - 1.) I don't like the outlook for the dollar and I want companies who currently (or have the ability to) earn most of their money in other currencies. - 2.) VYMI is a collection of 1,350 (this number changes a little each quarter) of the biggest and best international high-dividend-paying companies. This provides incredible diversification with the click of a mouse. - 3.) I want inflation protection and buying quality companies is an excellent inflation hedge. You not only currently get high dividend yields but those dividend yields and share prices will generally outpace inflation. So let's say inflation is 10%, no need to worry, your dividends should increase by more than that (they probably won't beat inflation every single year, but over longer periods of time, yes). - 4.) It's a good value. You're paying less than 10X earnings. The higher the P/E, the more downside risk you have. - 5.) It's a Vanguard fund. They're arguably the best run and lowest fee ETFs on the market. They also pay dividends quarterly, not all ETFs do. - 6.) I'm buying it for the dividends, not for the price appreciation (although the share price should increase over time). So therefore, if the stock market crashes, I won't get hurt much. The number on the screen when I log into my brokerage account will be less after the crash, but my dividend payments probably won't change much. - 7.) You're not dependent on the success of one country. It's not only diversified across many different industries, it's also diversified across many countries. So if one country or one industry has it rough, the rest of them will likely make up for it. - 8.) High-dividend-paying companies are generally companies that have been around a long time and have staying power. They've been through several cycles and have already proven an ability to survive bad times. They generally own a lot of assets, have strong balance sheets, have built up many loyal customers over the years, and have proven to really know what they’re doing. Also, some people have been commenting saying that they're seeing a much lower dividend yield for VYMI. Every website calculates it in a different way and a lot of them simply just aren't very accurate for international ETFs like this. I like the way Morningstar calculates the forward dividend yield (the dividend yield they expect for the next 12 months): They take the most recently reported dividends per share for each company in the ETF and multiply it by the average historical dividend growth rate for that company. From there it's simple math to determine their prediction for the forward dividend yield of the entire ETF. www.morningstar.com/etfs/xnas/vymi/portfolio

Honestly, I liked you two together but now that you guys are not together. I prefer you alone. Your information has been so useful to me. This video proves it. It goes to prove the saying, “when one door closes, another door opens”. I wish you continue success with your solo channel.

Hi Jordan, Congrats, great videos. This my first time making a comment. This video validates my experience as I have retired 20 years ago and while I can choose anywhere in the world to live (Hawaii, Florida or anywhere in Europe) but I chose Cuernavaca Mexico after visiting many places for a number of years. For many reasons, It has a central location with an international airport nearby from where can travel anywhere in the world, just two hours by plane to Houston if I need medical care in the US. Nearness to Mexico City provides me many advantages. Access to all cultural activities, academic institutions, (not available in beach towns), great weather year round, lower cost of living than beach towns (where I can fly to any I choose for variety), Cuernavaca is an international city with many nationalities: Americans, German, Swiss, etc. where it's easy to make friends with same interests year round in addition to the locals. Great restaurants and facilities. No need for heating nor A/C ! therefore lower cost of living. I have all the perks you mention that are unaffordable in the US to retirees. As you may have found out, there are many Mexicos, the ones you show on the streets or in the markets, but there are others once you connect with the locals will open up a social circle, also with expats already residing there full-time. Choosing a neighborhood is paramount, the more upscale the better. I could go on and on. If you like more details about my experience, do let me know, I have lived in Cuernavaca since 2005 and I reevaluate every year, I have found no better one yet.

I wouldn't like like a king in Mexico. I wouldn't want to draw that kind of attention! For example, I'm perfectly happy to live in a nice modern 2bd/2ba condo great area in an affordable city.

One of your best videos for sure. I love the travel videos but this is extremely motivating and insightful

Wow!! I was very impressed with this video! Good Job on this...It really gave me more inspiration than all the other video's I have seen from many people on youtube.....It made me feel confident and able to do this move to Mexico...Thanks so much for this, you really put a lot of effort and work into this one...Dont know how you do it! I am making sure to never miss your video's....This one is being saved ! Blessings!

I love these videos. I remember when you said in your Q&A video recently that Maddie was conservative when it came to spending money in creating videos. What she didn’t realize was the investor’s mind you posses. You have to spend to gain. I wish you the best in everything. You are a great man.

Great episode! One real estate tip. If you live in your own complex, don't let the tenants know you own the place. Hire a property manager, so you don't have tenants knocking on your door whenever they please.

With your increasing language abilities, I can see a potential business for you guiding people as they move to Mexico. You'll be able to work with local real estate professionals and help wary foreigners. Potentially valuable as a middleman.

A million dollars? Now, I don't have a million dollars and I'm 60 yrs old. (Now if only my Bitcoin will triple then maybe). Most people consider retirement in Mexico because its cheaper and hopefully it will be. All you young ones, listen to Jordan! Love your videos anyway!🤣

Property taxes for my Texas home are $3,500.00 yearly. Property taxes for my twice as large Queretaro home are $95.00.

I have also owned rental properties in the US and the general attitude about paying rent has changed. Now its not longer a general concept that you have to pay your rent no matter what. Its more like you pay your rent if you have money left over each month after you buy food, make a car payment, pay your cell phone, get some new clothes, go on vacation, go out to party, go to eat out each day, buy some new toys, etc etc... At the end of the month the landlord needs to understand there is no money left over and its his fault for asking too much for the rent anyway...

I love videos on financial literacy and investing! More please! 🙂

He don’t speak bad about anyone just speaks with more honesty! He seems to be a fair person

I would like to add another incentive for buying RE in Mexico. Property taxes are very low in comparison to US. If you pay them in advance you even get discounts, up to 50 % !

Even for the mexicans residents of EEUU this information is perfect! Many don't even know how to come back to Mex and what to do with their money!, Thanks for this kind of videos!

I think this is the video weve been waiting for… well, that I have been waiting for. I am always dreaming about what we would do if we won the lottery. But then you even gave us a more reasonable savings plan. My husband and I are building a house in mexico, this is a great explanation of about how much money we would need to keep our standard of living here.

You can live well on a million dollars anyplace. Panama, Philippines, Thailand and others are more attractive than Mexico where prices are much higher.

Great video! If everyone put as little as $40 per month into a good solid index fund for their kids from birth, and just let it grow and ride the waves, then that child would be a multi millionaire when they retire! If you’re just starting out, try to invest 10% of your monthly income into a good solid index fund, and let it ride!

Hey Jordan, I plan on taking a trip there to check it out for future Retirement move. You should start a Relocation company for Foreigners (Expats) to help them transition a smooth move, answering Q’s and contacts. This is what holds me back cos of the unknown factor’s causing Anxtiety, 😢😂.

I did something close to this in 2005. I bought a property in Guatemala, the best residential part of the cou try, then remodeled it using local labor. Its gorgeous with volcano views and a large tropical garden 3,000sq ft and covered outdoor terraces for dining, entertaining and an art studio. I will live here til I die....I have already been here for almost 20 yrs.I pay $97 a year in property taxes. My mate and I have a combined income of about $40,000 to 50,000 a yr guaranteed income for life and we get COLAS, not as high a rate as we'd like, but sufficient. We bought a new vehicle back then and maintained it well. Yes the expenses are the same low cost as Mexico. We have two employees one full time and one partime gardener. We have no heat or AC in the tropical mountians three fireplaces used only in Dec to the end of Feb.. And yes medical costs and Rx are much less expensive than US copays...local market prices for food is way ñess than USA. SO we do have a millionaire lifestyle....a driver/shopper/ chef trained by me/ handyman/ gardener/ personal assistant who arranges our appointments, pays our local bills, runs our errands etc etc...it is HEAVEN.

I remember when no one and I mean no one traveled to Queretaro... from Mexico City in the 80s...so many historic buildings and no tourists. Heck San Miguel was that way, many places in Mexico were mostly undiscovered and un developed so one day Orizaba will be "discovered" too.

I live very well in Playa del Carmen include food rent include pool 1000$ per month

My girlfriend is Mexican and lives in Tampico off and on. She tells me most don’t have insurance on their homes due to the type of construction. If this is true, that’s a huge savings.

Great video Jordan but I think you are overestimating the tax burden on the dividend income. These dividends would very likely count as "qualified" as long as they are held for 60 days before the dividend and if you have no "earned" income from a job, this would be taxed at 0%. So you get to keep and spend all $3,127 per month. Even if they were not qualified (for whatever reason), the marginal tax rate on that level of income ($37,520 a year) would only be 10% for a couple ($37,520-standard deduction $25,900=$11,620 taxable @ 10%) for a whopping $1,162 tax bill. Leaving $3,029 to spend.

Here in the UK is like the opposite …. They have houses withe up to 3 beds and only ONE. ‘Family Bathroom ‘ …crazy ! Imagine the queue to do to the toilet ….or to shower ( maybe that’s why many English don’t shower every day… ; ) . I am from Chile and over there a 3 bed house will have as a minimum of one master bed en-suite, one big ‘family bathroom. ‘ and one extra toilet sometimes with a small shower included .

Hey brother. very good info. You remind me of my finance professor.

I know you're doing mexico videos ...and that's what I want to watch, but for Europe your calculation / thoughts could also fit just saying Mexico isn't the only option ...for some reasons I would prefer Caribbean sea or maybe also Oaxaca (I was there only for vacation...would love to go there again for a longer time)

great video, you knocked it out of the park

You did a great job of putting living in Mexico in terms I understand! Thanks!!

I have never invested in stocks etc,. Since I was 18 - 19 I started purchasing properties and land. With the market as it is I have sold most of all my properties, approx. 800 acres, 4 rental properties and the home I live in now. Purchased 2 homes in the El Tezal area, one to live and one to rent. Moving permanently this July.....you make me think I need to try stock investments. Great video.

When I saw the length of the video, I just about skipped it but I’m sure glad I didn’t. Very well done and very informative. You’re doing a great job.

WOW! Can't believe all the haters. Been watching your videos for years and have a lot of respect for everything you've been through & accomplished! I've never read or made a comment, but thought you did a great job explaining the above concept. Unfortunately there are too many people who only see the glass half empty. Our family had several condos in P.V., then built an 8,500 sqft house on the beach in Nuevo Vallarta in '84 & have loved the area. I was heading back down there in June & was going to suggest meeting up & showing you around, but plans just changed, so it might be another couple months. If you would be open to that, let me know & I'll contact you when we revise our plans. Is there away to communicate other than these WAY too public comments? Let me know...

If you have qualified dividends, US companies held over 6 months, you will pay no federal income tax on the first 80K in dividend payouts as long as you have no other income

My Amazon Mexico costs $899.00 mxn per year or, about $45-50.00 USD.

Merida is unlivable in August and July due to the heat.

I really like these types of videos. I always give myself a dream budget and plan different vacations

One of your best solo videos, Jordan. Great info if you're a millionaire. As a Canadian one thing I was surprised you didn't include in your expenses comparison was property tax. That is a huge expense here, usually thousands of dollars a year, but almost nothing in Mexico. As just a poor pensioner living in Mexico can be cheaper but the biggest expense is health care. Free in Canada but can easily be a disaster in Mexico. A fellow Canadian had a minor intestinal issue but ended up in the hospital in Guadalajara for sixteen days. Cost? $35,000 CAN! That is the only reason I can't come back to the best place I've ever lived in my life.

Thanks very much Jordan for this video. Informative and glad Laska is healing. Was interested in real estate website so screen shot the one you use and like. Cheers!

If you don’t know it already, check out El Restaurante Las Mañanitas in Cuernavaca . It’s beautiful. Check it out !

Just got tangerine spanish!!!!

I’m Mexican living in the USA but planning retire in Mexico, you provide such great info;the only thing I’d like to add is research the city you’re interested to move in very well, I do find Aguascalientes a very boring, conservative and religious city… lived there 3 years 😅

What an awesome blog. Tons of information. Thankyou so much!!!

Great info amigo I'm also looking in to buying a somewhere in Mexico your video saved me some time

I would buy a Mercedes Sprinter van customized for off road and travel this country happy as a lark.

My brother do 20 years in the army and now he live in a mansion in colombia 🇨🇴

Super informative, thanks Jordan. Best wishes to you and Laska!

Do you still recommend Queretaro?

Excellent work Jordan 👏😀 Who wants to move to Mexico with me?

Amazing video. I've been lurking some of your videos, but this is the best to me. Keep up the great work. If you're not already connected with developers in Mexico, let me know.

A home in Monterrey is like $900,000 Canadian

You're doing great bro on your own! Really enjoying your videos!

Everyone already said it but yeah, this is an amazing video. Thank you!

Hmmm - I have heard it can be rather risky as a foreigner to end up not in trouble in buying real estate. In your words - a million things can go wrong. Dental cleaning - last one w/o ins was $300 ! Are you paying those cleaners enough for them to live on themselves? I think that is important. What would it cost to get a good property manager for the rental(s). From experience that can be a real headache especially with local ordinances/language barriers/etc. Orizaba sounds great to live in, but if you bought your rentals property there the amount you would earn on it would be less too. Am I thinking correctly?

Please do a video about starting a business in Mexico. I might move to Rosarito Mexico. Close to Ensenada.

hey jordan whats good man?. i was born in aguascalientes but i was brought to usa when i was 8 im now 36. im happy you metioned aguascalientes as a choice to retire, i know people would rather just buy a place but for a cheaper price tag you could buy a nice lot and build a house outside the city and build a super nice spacious house with a yard to put up fruit trees and have some animals that could yield you part of your daily food supply. That will be my plan for the the next decade i have three kids and ill be 48 by the time they finish highschool so i plan to have something built so i cam spend my winters down in aguascalientes n summers back in indiana. But once i completely retire ill be full time back home you missed la feria de san marcos it just started yesterday. thanx for sharing this videos been a subs for about 3 years or so.

I'm not sure if I keep watching you if you make investment suggestions. If I suggest any investment at all I say go all in in Tesla. Period...

Love your videos man. Hoping to bump into yous one day in Queretaro.

Bro.... you are ROCKIN that new haircut.

The best information I have ever heard that is so useful.

The first video of this channel I can finish. Love it, even though I don't agree with all the prices. You shine when go solo, haha.

Showing this video to my hubby to get him on board ! Awesome video !

Interesting stuff. In terms of costs, I'd be interested to hear your insurance costs (car & house), plus property taxes and such. That alone could save you a whole ton vs many areas in the US.

For me Mérida is perfect in every way but one. I just can't stand that level of heat for most of the year. And if you want your place nice and cool you'll end up on DAC and you'll spend a fortune on electricity.

I'm liking this new TT. Thanks!

Hi Jordan, Love your solo videos you seem to be more like yourself and more relaxed. Love That clean cut haircut looks great on you, keep up the good work.👍🏽

Great video, thanks Jordan! Very helpful for me in choosing a city. Namaste, PEACE & LOVE

I have Vanguard funds and I don't think it seems always necessary to put into dividend paying only funds, or dividend-centric funds.. I get some dividends not a lot, but the companies are a good mix and I do better with capital appreciation over the years, that is the main driver of underfunds, cash flow is good, but when the value of your portfolio is going up and you are selling off some of that to live, its not a big deal in my opinion. Touching the principle when the value of that principle eventually goes up 6-11% a year.. I just let the dividends re-invest and buy other shares... not using the dividends as income to support my life.. owning a home would only make sense if your carrying costs are lower than renting.. I owned a home once in the States the the expenses after deductions were insane. Having that one home and worrying about it if you don't want to be there is an issue too, renting can be a pain and dealing with it, even if you have a management company taking care of it..

😃😃😃🙋‍♂️🙋‍♂️ hello jordán another great video god bless you brother. 🎣

GREAT VIDEO, GOOD INFORMATION… Thank you…

I hope Laska gets better soon. I enjoyed the video. Your thought process is very organized. It would be nice if you did a colab with other expats or Mexican KZfaqrs.

VERY GOOD VIDEO!! I Im planning my retirement in Mexico. Strongly considering Rosarito so I can easily access my Medicare by going to San Diego, only 30 min away.

VYM in combo with VYMI in my opinion...would be a better choice.

as always, very informative video! This one is specifically interesting to me since it’s my exact situation today. selling my bay area home and will have about 1M coming to me from the sale. my plan is to move to puebla and “retire” at 42…. I’ll buy a house in puebla for a bit over 200k and a small condo close to the ocean, haven’t pin pointed exactly where yet, for about 150k..and rent the condo some of the time. i feel like this gives me the best of both worlds, Puebla has amazing amenities and weather most of the time and when it doesn’t i’ll head to the beach. i’ve created spreadsheet after spreadsheet to figure out how to best use 1M for retiring in Mexico… your video really helped and motivated me to make it a reality sooner than later

Bro, thanks for a good video, I enjoy this new TT videos now ( no disrespect) keep up the good work buddy

Great Content! Like the real estate analysis in various areas of Mexico.

Travel have fun... Make videos .. new interviews, new stories, new experiences and lots of mistakes that you might entertainingly, awkwardly, roll through like nobody is looking... * "Sing as if no one can hear you, dance like no one is looking." * Keep creating lots of content... Meet people, relate to them, and share those amazing experiences... Become a video editing expert and pump them out fast and furious, with quality in mind.... Own it!

Really enjoyed this one, Jordan. We don't expect we will ever have that sort of investment money, but your tips on ways to invest and even what sites you use for real estate are very helpful. Please keep going in this direction. There are plenty of KZfaqrs out there making travel vlogs, but not as many making useful "life in Mexico" vlogs.

Damn, Jordan. You have really upped your game.

Interesting, thanks. Though VYMI is not an option as inflation is 8.5%. Thus buying a rental property sounds more like a plan, except you can’t buy oceanfront apartments if you’re not citizen (without using workarounds, such as a trust, etc.)

Nice, but maybe you can do a video for those with 100,000 instead of a million lol.

Thank you for all that information! This is quickly becoming one of my favorite channels. Saludos!

Now, my priority is to get 1 million dollar 😁😂🤣. Awesome video. Thanks much.

Whoa. Too much camera switching. Making me dizzy. Good to try new features/tricks, but this one needs to be used with caution. The subject matter is attractive, if I can get thru the visuals. Keep up the good work, we love the channel.

Can you please give a good description to n $12,000. Per month? Thank You Jordan

Thank you for the Valuable information Jordan. Love your Videos!!!

Great information,I like the mix of videos you are doing .

Didn't see any examples of beach A beach house that you could rent out multiple units and live in one

You can live in Mexico well with way less than $500k…then your SS… the $1000k apiles to the US. But it’s true that you can have dividends at any amount and sources of income.

Love the new hairstyle!

Great idea Jordan. So happy to see Alaska looking mend. ❤️‍🩹

Thanks, Jordan - haven't been down Mexico way for many years, but appreciate the information. For retirees,plan D might include annuitization of the million, as well as IRA/401k withdrawals and Social Security/Pension to provide sufficient income. I'm trying to convince my wife that we could have a fine lifestyle for a lot less than here in California - we'll see. I'm partial to Baja, maybe Mulege or La Paz.

Great video. Thanks Jordan for all your great informative. Best wishes to Laska!!!!!💟💟💟💟

That kind of income would not be taxed at 25%. Most of it would be standard deduction. Or does living in Mexico change that?

So if I inherit a Million Dollars, I can retire in Mexico? Looks like I might be retiring early!

Taxes are quite high. If you're investing in homes in the US, you have some liability, but you'd be best suited taking out a mortgage, has tax benefits and you can still hold other more stable passive income. And if you invest in México and earn there then you'll likely pay no US taxes, but will likely pay Mexican taxes

Súper informative!!!! I enjoyed this video

Really wished you hadn't skipped over the very important part where you explain how to get a million dollars in the first place.

awesome vid sir...

holycow, a 5000 sqft house for only $300,000?!?!? Why is Merida so much cheaper than Puerto Vallarta?