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Millionaires Unveiled

226: Net Worth of 1.5M - Welder with no College to Millionaire

Millionaires Unveiled

Jace Mattinson

Investing, Millionaire, Financialplanning, Business, Self-improvement, Education, Finance

4.8872 Ratings

🗓️ 21 February 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

Luis has a net worth 1.5MM and is 56 years old. His investments are allocated between retirement and non-retirement accounts, fixed income products, a pension, HSA, and more. He shares thoughts on working in the trades, work life balance, annual spending, and maxing out retirements. We also discuss his retirement including healthcare costs and spending budgets, as well as the financial impact he faced from a divorce.

Transcript

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0:00.0

What I've realized just from reading up on the subject was you can always make more money

0:07.1

But you can't make more time so I'm ready. I've got I've got the financial ability to retire now so that's what I'm doing I want to

0:16.0

have as much time as possible for me and I've got the money to support myself and my wife, the current wife, for the next 30 years

0:26.7

and we're going to be fine.

0:29.1

You're listening to the Millionaires Unveiled Podcast, where you'll hear the stories and interviews of everyday

0:35.7

millionaires.

0:36.7

We'll unveil their decisions, their strategies, and their current portfolio allocation.

0:44.0

Now to your hosts, Clark Sheffield and Jace Matinson.

0:48.7

Welcome back to another episode of the Millionaires

0:50.3

Unveiled Podcast.

0:51.3

This is episode number 226. Clark, how's it going on?

0:54.0

What's going on in your world?

0:55.0

Should I say what's going on in the metaverse?

0:58.0

I don't really know what's going on in that world, man.

1:01.0

How much have you gone into that? haven't but I was looking at an article today

1:06.0

JP Morgan becomes a first bank to enter the metaverse with a virtual onyx lounge and gosh man this stuff is it says with

1:15.8

decentralized land users can buy virtual plots of land in the form of

1:19.2

nFTs and make purchases using cryptocurrency backed by the U through Ethereum blockchain.

1:25.0

So, dude, it's crazy, right?

1:27.0

I don't, I don't, I don't, yeah.

1:29.0

I don't completely, I mean, obviously I understand like a digital world and what not but you know more

1:33.7

and more companies seem to be getting involved much like I guess a year ago some more

...

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