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b"How To Retire Comfortably With Millions
A friend of mine recently sent me a video clip from Yahoo! It was a pretty simple clip and yet very powerful, so I thought I\\u2019d share it with you. The video featured two down-to-earth regular guys who spoke in simple terms about how much they earned and what they did to retire comfortably with millions in their bank accounts.


Doug
The first to speak \\u2013 Doug Nordman, age 53. Doug and his wife spent 20 years in the U.S. Navy. Doug\\u2019s salary peaked at about $88,000 per year before he retired in 2002. His wife\\u2019s salary peaked out at about the same number \\u2013 so together, these two were making pretty good money while saving as much as they could\\u2026 and in their 30s, Doug and his wife realized that their savings were pretty substantial and were growing fast enough to almost replace their incomes.

Doug says his financial freedom came from saving a high percentage of their income or, as he puts it, \\u201cwe tried to save as much as we could\\u201d. Most of the time, they\\u2019d reduce expenses and save over half of their income, and invest it regularly in \\u201cpretty much the boring mutual funds, index funds, exchange-traded funds that everybody should use for their retirement. Nothing special.\\u201d

As Doug prepared to retire from the Navy, in 2002, his investment portfolio had grown to a few million - and could support him and his wife without them having to take up civilian jobs.

Today, Doug and his wife live in Hawaii where he spends his time surfing and completing do-it-yourself projects around his home.

Doug says he and his wife have a lot of frugal habits that make them big savers. They plant a lot of fruit trees in their yard and have fresh fruit year-round, partly because the growing climate in Hawaii is really good year-round. They also do things like composting green waste and buying things second-hand from places like Craigslist and Goodwill, where \\u2013as he puts it - \\u201cyou're effectively recycling possessions that other people don\\u2019t want anymore, and you\\u2019re getting them for yourself at a much cheaper price than if you bought them new.\\u201d

He\\u2019s also chronicled his journey to early retirement on his web site, The-Military-Guide.com \\u2013 it\\u2019s a pretty impressive website that offers all kinds of advice to military personnel\\u2026 on finance, savings, loans, etc., \\u2026 with general interest articles that we could all benefit from, so check it out.
Ray
The second person on the video clip - Ray Hinchliffe, Jr. Ray is now in his late sixties\\u2026 and started his career started as a food clerk at A&P earning just $67 a week; he then shifted to Safeway, where he stayed for the next 30 years and moved up to Store Manager, making over $100,000 a year.

Ray found that the best and easiest way to save was by putting money away every week and every month from his regular paycheck and taking advantage of 401(k) plans and stock plans where the company would match the money he put into retirement or buying Safeway stock.

Ray says there were lots of things that he \\u201cwanted\\u201d but not a lot of things that he \\u201cneeded\\u201d. To him, a used car did the same thing as a new car, and saved him quite a bit of money. Ray and his family would also save on vacations by going with other couples and splitting the bill, and \\u2013 he says - that added-up significantly towards their savings.

Ray built a sizable nest egg \\u2013 now several million dollars - under the guidance of his financial advisor, primarily through disciplined saving and following through on a simple plan with regular investments. He says one of the best things he did for his finances was purchasing a home as soon as he was able to. Today, Ray owns multiple properties and says he\\u2019s happy with a relaxing retirement.

So here\\u2019s their advice for people who want to retire comfortably.
stay on course with your investing aims. It\\u2019s like a boat. You set a course. If you have a good plan and you follow it, you\\u2019ll succeed and your investing will definitely pay a huge dividend."