Видео

I am 60 and honestly really annoyed with myself that I didn’t plan retirement better. I wish I didn’t still have to work! I don’t agree with your idea that boomers and Gen X were “lucky” to get their houses cheaply. Mortgages were always a struggle to pay in the early days. Myself and my peers worked two jobs to pay for them. Also we are the generation that have to continue to support grown up kids who have failed to “launch” and parents who are living too long ! ….. it’s no picnic for a lot of us. People having to work until they are 70 and beyond….. SAD 😢.

You have the perfect personality for the door greeter role--- M&S knew what they were doing! You have such a great attitude and inspire many of us 50+ who are in challenging job situations. Thank you and happiest of holidays to you and your family.

I think a lot of the channels that you refer to are made by people whom have been financially successful OR whom have been in 'hard' jobs like nursing or teaching. To leave your financial legacy you need to avoid inheritance tax. If you end up in a care home you may have no money to leave behind at all. So all you can do is plan and compromise. Enjoy a couple of holidays each year.

Travelling just means that you haven't got anything more interesting to do. Travel is the most overrated activity known to mankind - it's a scam dreamt up by people who want to take your money. Just look at the faces of tourists in your own country - they're exhausted and bored and secretly longing to get home.

Great video.

As a History buff and living close to one of the country's best Universiies ,have you ever thought of doing a Degree or any part time courses they might have in History? You may enjoy that!

My last place of work where I worked, I was there 15 years. I was an important part of the team " or so they told me" When I left I never had a single person say goodbye, no leaving do or even drinks, not even an email. I just went without so much as a thank you. I even wrote an email to everyone I worked with and only half even replied. Screw work and screw everyone. I'm not working now and do nothing. That's what I feel like. My house is sold and I'll be leaving this economic zone in February, because that's all the UK is now. It's a work and consumerism base. There's nothing else here. I'll be travelling until I'm 67 when my money runs out then I'm going to live off my pension. Work is a con, it's an illusion. You're basically a slave and they give you just enough rewards and freedom to think you're not.

Youre talking about a different slice of society when youve got a couple going on 5 or 6 holidays a year in retirement. The house must be paid for and they must have cracking pension pots. For many millions to be in that position is a pipedream so they have to carry on with the daily grind.

I feel much the same as you. I hate when I am not working because I literally have nothing to do and feel i have nothing to offer.I'm the type of person that hates being bored.. do not get me started on Bank Holidays where often I havent even been paid. I'd rather have the pay than sit at home bored - one should be given the option to work on Bank Holidays as its not worth losing over £100 for , I fully intend to work as long as I am able - not just because of the financial aspect, But sadly I am 57 and I think that i will probably be forced into retirement as I have lots of qualifications and experience and am highly skilled but since my last contract ended in July I have not been able to get anyone interested in me in my jobsearch and have not earned a penny since then.

Thanks for the different perspective. I think overall that the question of whether someone will enjoy early retirement is very personal - some people will love it and never look back, others will be bored and feel unfulfilled. The tricky thing for a lot of people is they may not know which of these two categories they fall into without giving retirement a try and seeing how they feel after 6-12 months...

I like that you are coming at this from a different perspective and often have similar thoughts. I think retiring from a career to a 'hobby job' is a good idea. It does help to be financially independent though. I do feel i enjoy my leisure time more when i have worked hard for it

If you have the necessary funds and are intentional, intellectually curious, physically active, and open to new experiences…then early retirement can be busy, rewarding, and healthier. Retiring at 58 five years ago was the best thing we’ve ever done. “I wish I had worked more” is not often said on deathbeds.

Everyone's different, everyone does life different and it doesn't matter which way you do it......there are literally so many different combinations and factors. My dad in my eyes wasted his life, pub and the betting shop opposite eachother was his ideal life, never wanted to go abroad or do anything else....To him he enjoyed his life who am i to say he should have done something else.

Some very valid points there. Videos or articles on retirement generally focus on the financial aspects but people need to be able to fill their time up. I’m of a similar opinion as you. Retirement would be nice but how long until I get bored. Hobbies and interests will only keep me interested for so long before I get bored of those and would then want to do something else. I think a happy medium at least for the first few years would be to work part time provided it’s in a job I’d be happy in. But also working can be good for someone’s mental health because it focuses the mind. I would absolutely hate not having anything to do with my days or watching the clock until the next meal. Great video 👍

I've earned my retirement and free time and holidays by putting up with being "successful" in the financial services industry from the age of 16 to 55. Every holiday now is a little bit of me i've regained. Every day where i have a choice as to what i spend it doing is the same. Just off to Vegas for a week now and my middle finger is still firmly raised at the toxic work environment i escaped from. Maybe working for the man suits you but you have to appreciate it doesnt for many and for them retirement is a wonderful release. 18 months for me and I've never spent a single day bored. I'm just so thrilled with the freedom i get to enjoy every day.

For men retirement holds many mental challenges which they are not equipped to deal with. The loss of the status and social connections of work. The loss of purpose. Their parents may have died. They have to often spend a lot of time with their partners and also contemplate their own mortality. Their priorities change and their health becomes prominent.However if these can be understood retirement can be a revelation and enjoyable.

Good that you have a normal finance job too! Why not work extra after a layoff.

I retired at 66 in April... Best thing that ever happened!! I focus on my health and nutrition... Travel abroad on a regular basis.... People are shocked when I say I'm an OAP... Lol..... I've always been a positive thinker and smile a lot 😊 My Dad died suddenly from a heart attack at 50 years... Changed my way of thinking... Live every day as if it were your last... Because one day it will be!!

One day off a week? That's a prison, no life... How can you call it a paradise?

I'm 56 and really enjoy your content. Have you ever thought about a 3rd job as a Phil Collins look alike 😂 keep up the good work👏

Lovely tree and great words!🎉

I just work seasonally, now starting Feb half term part time which builds up to full time as the tourist season ramps up. Then tails off & finishes early November. January feels like such along month but I no longer felt like I should be doing a 2nd evening shop job so gave that all year round work up last year.

#1 thing older retired people say is I wish i had retired earlier

Remember back in the day of free personal pension advisors ? They were happy to visit anyone at home. - Of course they worked on commission for individual share fund companies. Part of the pitch was think what you would like to do when you can retire... Sailing, Rock Climbing, Paragliding ? You get my drift - no mention of physically fit & risk averse you are likely to be at 60 + 🙄

If you can max out your pension, I'm sure full retirement can be great. Unfortunately for most people, that just isn't possible. I'll never get that 1m pot. I'm OK with working part-time for as long as I can. Takes the pressure off financially, and you still get some spare time in the week to scratch that itch.

Retire as soon as you can for as long as you can. Simple! And being retired doesn’t mean doing nothing, you can volunteer at a charity shop,etc lots of things to do. It’s a state of mind, same as being stuck working in a job you don’t like.

It looks like you have only worked on and off in your life. As you said you often worked for some time then had months off. It maybe different for someone who worked hard for many years and mostly hated that job I can imagine a person like that can actually enjoy retirement.

I think it shows that everyone is different. Plenty of people would love to retire early and be able to relax on a daily basis.

I retired abroad 2 years ago (when i was 56), it's the best thing i ever did. 😊

Be careful on getting caught for inheritance tax to kids. It’s now changing. I’m 55 and got a decent pension and now with pensions coming under inheritance tax it makes no sense for me to work after 60. I’ll be looking to retiring and gifting my pension earlier to my kids so I’m not caught for tax.

Work does not have to generate income to be meaningful. You appreciate and value the importance of accountability, purpose, and structure. I admire you for working both jobs with a positive mindset.

Everyone is different and also shaped by our experiences. I also see no point in "retiring' and work also keeps me occupied, even if it comes with baggage. I've given up on affording property and I don't enjoy holidays nor material possessions so money is kinda useless to me now. With no house and people obsessed with the internet, I have no partner either so don't care about legacy either. Life is kinda pointless but arguably life is pointless by default anyway. Family relations and implied obligations are a bit of a drag honestly, we don't see eye to eye anymore but still love each other that is tough, sometimes I just want to run away from it all and break contact, go live in the woods lol

beautiful tree/i cannot afford to retire/but i can just get by with working 3 days a week/enjoy my work and the people there/would be great to have bits of time off/i too work at m&s/im 62/63 soon!

Personally, I don't want to retire. I want to work less, maybe part-time, and maintain that until I drop. But I can do that at 45 without needing to accrue £1 million in a pension.

I would like a job, but it would have to tick a lot of boxes!

PLAY GOLF

Retirement at 60 was the worst thing I did. I wrote books, did courses, travelled etc but in the last two years I've been bored and miserable. I need to make big changes next year. I'm healthy and still have new business ideas.

You can get happiness and satisfaction from work I’m sure but you can also get stress, limited time for your family and friends and to experience what the wide world has to offer, and frustration and unhappiness. It all depends whether you like your job or simply undertook it to keep a roof over your head. Anyone who is bored in retirement must lack imagination; there are literally 100s of activities, many free, that you can enjoy when you simply have time

The vast majority of stress and worry in my life has been largely due to working or the worry of loosing my job and the financial burden of not working. Now I finally have the choice why oh why would i choose to continue working. Im retiring in January and can’t bloody wait

Have you thought about getting a third job?

Everyone who works hard doesn't get a house. I am in my late 50s now and still live in social housing, I have never owned a property, and although I have been in employment my entire adult life I have never had tuppence to scratch my arse with. Not all 50-60 year olds own a home.

The important factor is choice. If someone loves their work and wants to do it into old age I think thats great. If however you hate your job or working in general but your financial situation forces you to stay there against your will then thats a problem. Having options is whats important to me.

It's differrent for everyone and depends on your circumstances. Someone I know through work has reduced his hours work before he retires in the next year.

There's something about valuing time. Years of employment to live takes your time - having to be somewhere or doing something for someone else makes me yearn for the time where retirement means time that is mine - finally. Bucket lists, holidays whatever - your time is then your own to spend it as you like and you can keep very busy without feeling lower grade for not working for a salary. This feeling of responsibility to work for a living can dissipate, it really can. This whole debate about retirement is about mindset. Working for a living is fine if you love it and is your passion. If not, retirement, if financially viable, is not about pipe and slippers. It is about doing what you want with your time and keeping busy without this obsession with employment.

Yeah I get what you’re saying in this video, I'm far from ready of wanting to retire just yet at the age of 56 plus I’ve much more to do at home which requires money to do it. But it’s unfortunate that we shouldn’t forget nor rule out many of us like yourself earlier was or are finding it difficult to find a position of work still by none fault of their own. Particularly if unwillingly they find themselves entrapped onto the Department for Work and Pensions DWP whom are meant to support people back to work but from my own experiences its not the case. Many are entrapped on to the DWP are willing and wanting to work but when they go to work having earned small reward they experience short fall in their benefits just for even trying to work a few hours as there not incentivised to get back to work. As for myself I have been trying for months to find an HGV driving position having passed my HGV Class one November 2023 but it’s not been possible for me so I’m unwillingly entrapped onto a harsh corrupt DWP system, Believe me it’s rotten but in the New Year I will contiue to try and get off it. Another good point I’d like to return and share with you, Yes our era for many of us are fortunate enough to have had the privilege to own our home but this depends on the circumstances based on say if you own freehold or on leasehold which I happen to own mine on leasehold so in some way it doesn’t benefit leaving a leasehold property behind for family members plus today even owning a freehold property you only need look at our farmers dispute with the ongoing threats of taxes is it safe enough to think for the future for siblings and todays younger generation with the given threat they may end up left with a debt or worse selling the house left with nothing. It’s a very scary position we are all in at the moment as none of us born true British know where politicly we stand pending the current government in position and given the threats of War ongoing. What I can say in view and respect of us all I have today signed the government petition to oust the current government. I hope this comes across clear enough. Take care from me Steve from Manchester M23 - M22 area.

I would love to have 5/6 holiday per year, I would never get bored travelling and visiting new places.

Hindsight is a wonderful thing if only we were more financially literate when we were 25 we could all retire by 55 /60 and have options,it's always about options,simple really

Retired at 50 best ten years of my life living the dream. You look dead on your feet mate!

Nothing wrong with retiring early,but you need to retire to something not from something. Who wants to work till there health gives up,and whoever said on there deathbed I wish I worked more???

You bring up some good points about the benefits of working and your perspective on retirement. I too share your sentiment on keeping oneself busy. Work plays a key part, but I too think everyone should aspire to retiring as early as possible. Financial security is key to wellbeing because the whole stress factor of work can be done away with. It’s one thing having to work a job and being able to drop it as you wish!