Retire in peace, retire in peace
Flyin overseas, I'm a doe freak, RIP
Retire in peace, retire in peace
Countin all my cash flow trees
Let me tell you sad story up in a song
Elderly cashier whose savings all gone
Cuz Apple, Microsoft, real estate 'n Amazon,
Are better to own than Gucci 'n Louis Vuitton
You know why people lose? they don't know the rule seventy two
That's compound interest dude
It works cuz at 9 percent, interest will make your money hustle
You'd be glad and every 8 years your papers are 'bout to double
But you, you droppin 2G on Vercace,
5 bucks at Starbucks, that's a million dollar purse 'n coffee
If grandma took the doe 'n invested in Exxon
90 years later, she'd be called an icon
R.I.P, Retire in peace, retire in peace
Flyin' overseas, I'm a doe freak
Retire in peace, retire in peace
Countin' all my cash flow trees, R.I.P
Let me tell you about an uncle we all have
You'd better know your math, first paycheck he's taking half
Then laughs, annoyin cuz he says he works on your behalf
Every pay cycle he says: Oops! that's tax
Oh My God you oughta know your 3 tax buckets
One, before-tax money, means that tax sucks it
Take money from 401k you can't duck it
Understand the tax game, you'll crush it,
You don't question, look, when you change jobs, learn to roll over
Ain't talk 'bout a dog, thinkin like a stock broker
Retirement to an I-R-A
More options to invest, self-direct it everyday
Retire in peace, retire in peace
Flyin overseas, I'm a doe freak
Retire in peace, retire in peace
Countin all my cash flow trees, R.I.P.
Retire in peace, retire in peace
Flyin overseas, I'm a doe freak
Retire in peace, retire in peace
Countin all my cash flow trees, R.I.P.
Let me tell ya, twelve bucks a day, in Roth I-R-A
Is much better than a 401(k)
You're taxed once then you never have to pay
Pay yourself first I'm tellin you all day
Finally, the last bucket you ain't wanna play
OK let me demonstrate, bank is where your money lay
You're a good saver, but on that money the tax you already paid
Earned interest, give 'em tax, that's a double blade
Next year, the tax game remains
Yearly doe made, uncle gladly takes
The rich gets richer knowin how to set the stage
Keep uncle away cuz you found the secret page
Retire in peace, retire in peace
Flyin overseas, I'm a doe freak
Retire in peace, retire in peace
Countin all my cash flow trees
R.I.P, R.I.P.
In Don-E's song "Peace in the World," the lyrics reflect on the importance of financial literacy and making wise investments in order to retire in peace. The song begins by mentioning the desire to retire peacefully, accompanied by the concept of flying overseas and being a "doe freak," which can be interpreted as someone who is financially successful. The lyrics then delve into a sad story about an elderly cashier who has lost all of their savings because they did not invest in lucrative assets like Apple, Microsoft, real estate, and Amazon, which are emphasized as better options than luxury brands like Gucci and Louis Vuitton.
The song goes on to highlight the importance of understanding compound interest and the rule of seventy-two, which states that the time it takes for an investment to double is approximately 72 divided by the interest rate. The lyrics emphasize the potential for substantial growth and wealth accumulation through compound interest, contrasting it with frivolous spending like buying expensive clothes or coffee.
Later, the song mentions an uncle who constantly reminds the listener that a significant portion of their paycheck goes toward taxes. This section emphasizes the need to be aware of different tax buckets, particularly in terms of retirement savings options like 401(k)s and IRAs. The lyrics suggest that by understanding the tax game and making informed decisions, individuals can secure better financial outcomes and retire in peace.
Overall, "Peace in the World" conveys the message that financial literacy, wise investments, and understanding the intricacies of taxes are crucial in achieving a peaceful retirement.
Retire in peace, retire in peace
May you find peace and tranquility during your retirement years
Flyin overseas, I'm a doe freak, RIP
Traveling abroad and enjoying life to the fullest as a lover of money
Countin all my cash flow trees
Keeping track of all the sources of income and financial opportunities
Let me tell you sad story up in a song
Allow me to share a cautionary tale through music
Elderly cashier whose savings all gone
An older worker who lost all their savings
Cuz Apple, Microsoft, real estate 'n Amazon,
Because investments in companies like Apple, Microsoft, real estate, and Amazon
Are better to own than Gucci 'n Louis Vuitton
Provide greater financial security and wealth accumulation than luxury brands
You know why people lose? they don't know the rule seventy two
People often experience financial losses because they are unaware of the power of compound interest
That's compound interest dude
Compound interest is a concept that can significantly grow wealth over time
It works cuz at 9 percent, interest will make your money hustle
With an interest rate of 9 percent, your money will work hard to generate more income
You'd be glad and every 8 years your papers are 'bout to double
You will be delighted as your investments double in value approximately every 8 years
But you, you droppin 2G on Vercace,
Instead of saving, you spend a significant amount on luxury items like Versace
5 bucks at Starbucks, that's a million dollar purse 'n coffee
Small daily expenses, like buying a $5 coffee at Starbucks, can add up to significant amounts over time
If grandma took the doe 'n invested in Exxon
If grandma invested her money in Exxon
90 years later, she'd be called an icon
After 90 years, her wise investment decision would have made her famous and respected
Let me tell you about an uncle we all have
Allow me to share a story about a common relative
You'd better know your math, first paycheck he's taking half
It's important to understand mathematics as your first paycheck will have a significant portion deducted for taxes
Then laughs, annoyin cuz he says he works on your behalf
He chuckles annoyingly, claiming to work for your benefit
Every pay cycle he says: Oops! that's tax
In every pay cycle, he reminds you about the taxes you owe
Oh My God you oughta know your 3 tax buckets
You should understand the three categories of taxes
One, before-tax money, means that tax sucks it
Money earned before taxes are deducted is subject to being consumed by taxes
Take money from 401k you can't duck it
You cannot avoid paying taxes when withdrawing money from a 401(k) account
Understand the tax game, you'll crush it
By comprehending the tax system, you can navigate it successfully
You don't question, look, when you change jobs, learn to roll over
Don't hesitate to learn how to transfer your retirement savings when changing jobs
Ain't talk 'bout a dog, thinkin like a stock broker
I'm not referring to a pet dog, but rather adopting the mindset of a stockbroker
Retirement to an IRA
Transferring retirement funds to an Individual Retirement Account (IRA)
More options to invest, self-direct it everyday
Having more investment choices and taking control of your finances on a daily basis
Let me tell ya, twelve bucks a day, in Roth IRA
Allow me to inform you that investing twelve dollars a day in a Roth IRA
Is much better than a 401(k)
Yields better results than a 401(k) retirement account
You're taxed once then you never have to pay
You only face taxation once, while subsequent withdrawals are tax-free
Pay yourself first I'm tellin you all day
Prioritize saving and investing for your future financial well-being
Finally, the last bucket you ain't wanna play
Lastly, the final tax category you should avoid playing with
OK let me demonstrate, bank is where your money lay
Allow me to illustrate by explaining that keeping your money in a bank is a secure option
You're a good saver, but on that money the tax you already paid
Although you are responsible with saving, you have already paid taxes on that money
Earned interest, give 'em tax, that's a double blade
When the interest you earned is taxed, it becomes a double-edged sword
Next year, the tax game remains
Tax obligations persist into the following year
Yearly doe made, uncle gladly takes
Uncle (the government) willingly accepts a portion of your annual earnings
The rich gets richer knowin how to set the stage
The wealthy individuals become wealthier by understanding how to create favorable circ*mstances
Keep uncle away cuz you found the secret page
By knowing the financial strategies, you can avoid excessive taxation and keep the government at bay
R.I.P, R.I.P.
Rest in peace, rest in peace
