Is reaching financial independence and early retirement unrealistic in Europe compared to the US?
Best broker in Europe (ETFs): https://angelo.fi/ibkr'>https://angelo.fi/ibkr
With lower salaries and higher taxes, it may feel like retiring early is a lot harder in Europe compared to the US. Does it make any sense to pursue FIRE at all if you never reach it? Let's take a closer look and see where I am on my 7 year journey towards early retirement!
My Favorite Brokers (ETFs, Stocks and Bonds):
Interactive Brokers: https://angelo.fi/ibkr'>https://angelo.fi/ibkr
Trade Republic (4% interest p.a.): https://angelo.fi/trep
Easiest for Germany & Austria: https://angelo.fi/etfs
Compare ETFs & Stocks: https://angelo.fi/comp
My Top 3 in P2P Lending:
Esketit (0.5% bonus): https://angelo.fi/esketit
Mintos: https://angelo.fi/mintos
Viainvest (1% bonus): https://angelo.fi/viainvest
All P2P deals & conditions: https://angelo.fi/all
Where I Buy Bitcoin & Ethereum:
⚡ Bitvavo (10€ bonus): https://angelo.fi/bit
My Savings Account with 1% Saveback on Card Payments:
4% interest p.a. (€100K deposit guarantee!): https://angelo.fi/save
What I Use to Track my ETFs: https://angelo.fi/getq
All my investments & accounts: https://angelo.fi/tools
Watch these next:
7 Years of ETF Investing: What I Learned: • 7 Years of ETF Investing: What I Learned
The Best World ETF To Hold Forever: • The Best World ETF To Hold Forever (1...
ETF Taxes in Europe! (041%): • ETF Taxes in Europe! (041%)
00:00 Is Early Retirement Even Worth Pursuing in Europe?
01:30 1. Financial Dependence
02:15 2. FU Money
02:57 3. Barista FIRE aka. Semi Retirement
04:50 4. Lean FIRE
05:39 5. Fat FIRE
06:27 Early Retirement in Europe: A Realistic Goal?
Video mentions:
Vanguard FTSE AllWorld ETF Acc. (VWCE)
https://thepoorswiss.com/trinitystud...
Some of the links are affiliate links, which help support me and the YouTube channel. Still, none of the links are sponsored.
Disclaimer: I am only sharing my own experience. I'm not a financial advisor and you should always do your own research and due diligence before investing. Investing involves risk of losses.