Kareen MillsFounder & CEO, Friendsgiving Live® · Most Influential Filipina ’23 🏆 Founder of the World’s Largest Friendsgiving Festival for Women | Angel | Keynote | Sugar Mommy™ Media | Psalm 25:1 ✞

Retire from Costco with $11 Million 🤯 #costco #retirement

24 Jul 2024 · 1 min

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This content was created by Kareen Mills. This content was uploaded by Kareen Mills. This is a YouTube video titled "Retire from Costco with $11 Million 🤯 #costco #retirement" (created 2024-07-24). The clip is a short personal monologue/anecdote in which the speaker recounts a conversation with a long‑tenured Costco cashier (24 years) who says that, thanks to stock options, dividends and long‑term compounding, he expects to retire in about 20 years with roughly $11 million. The content focuses on employee stock benefits, long‑term investing, and retirement outcomes.

Chapters

How's $11 million at retirement? Listen and listen closely. So I just got back from Costco and I went through the checkout through my favorite cashier and we had this conversation. I love going through this cashier because our conversations are always very meaningful in a very quick time. I asked him, so how long have you been in Costco? So you've been here since I moved to the Northwest in 2006. They must really treat you you well here and pay you well. And this is what he said, and this is where you need to listen to me, because he said he's been there for 24 years, and because of their stock options and dividends, etc., layering over on top of each other, he's going to be retiring in the next 20-some years, and he's going to have $11 million. And the point