When I turned 40, I decided to take up something I used to say I hated. Which was running. Started with one lap on track, progressed to 4 laps, and then around the campus. My coworkers had a running club to do races. They asked if I wanted to join. that’s how I did my first 5k. 5k became 10k. 10k became half marathon. Half became full marathon. By the time I was 45, I turned to hiking and trail running because I lived next to Los Angeles’ biggest urban park with many trail miles. Later I took up backpacking and mountaineering, completed Whitney as a day hike. I had done multi-day trekking in England and the Alps. By 52, I became immersed in yoga, taking 2 to 3 classes a day, 5 days a week for 3 years. Covid I was dormant for 18 months. In mid 2021 I moved to a retirement park just when amenity got reopened (closed during Covid time). It’s first time I had daily access to an empty heated pool (no one uses it). I didn’t know know to swim so I watched youtube to teach myself front crawl and breaststroke. By now I can do both well, working on stamina and distance. I am also studying triathlon because I want to eventually learn how to bike. I hope I can try my first sprint tri when I turn 60 in a couple of years. Basically I spent 20 years from 40 to 60 to try what I hated doing from 0 to 39 (I’d rather read books). I don’t know what ppl do during mid life but I certainly hadn’t had any crisis. I had been busy getting in depth both intellectually and physically, learning and progressing in outdoor activities. If I was told in my 20/30s I’d be an active person later in life, I’d say no way that ain’t me LOL
How do I share comments :( I am 27, I hate running. I am obese. I have never been in a relationship. Apparently I have been through a lot as my therapist says. I did not even know. Got my first session in therapy last week. I ran today, very very less. It seems impossible at the moment. I ran yesterday as well, saw little change on the scale even though I had less food (healthy too), still saw very less change on the scale today morning. Just seems impossible at the moment. I can't even imagine getting started at 40. Congrats. (Also I don't know swimming, I was ashamed that I am likely the only person. Thanks, if I loose weight, I will learn how to swim too ig)
@@l.swethaswetha6249 I don't have your exact experience. But life throws curve ball to everyone. When nothing works, i just tell myself. I only have to be a little bit better than yesterday. You may not see changes in your scale. But I am sure your muscle is getting stronger little by little. And you are building a healthy habit and building a discipline mindset. Things are happening underneath. You don't see it yet. But you will. Have patience and be kind to yourself. I don't know you. But i will be your cheerleader cuz i believe in you.
I would add to that one thing. Exercise every day for at least 20 min. I started with a combination of Cardio / Yoga / Qui Gong / strength workout. Alternating every day. That had the biggest impact right after meditation.
I agree. PhYSICAL movement will change ur life, and its been the hardest thing I've ever tried to do. Especially since we live in a sedentary life, it's absolutely critical.
...@@baldyhardnut260 I was a master fitness trainer in the Army. Anyone can get smoked in 20 minutes, even less. I can have someone completely exhausted, heart rate working, lungs wide open, muscles engaged in well under and hour, 10 minutes actually. Most people do not need to do an hour a day. Once or twice a week go for the hour or more, but 30 minutes a day done right is plenty.
I’m 47 and this us the happiest I’ve ever been! I have so much freedom to do anything I want to do. I have the money to do it. I’m super independent! I have a beautiful son who brings me so much joy and love. I have two precious kittens. Life is great 👍
I paid off my house at 40, travel a lot, and enjoy being at home doing nothing; I just enjoy my backyard. I love my paycheck since I have no debt. I love it.
I love your story about paying off the house. Lately I’ve been thinking about whether to focus my finances on paying off the house or focus on building wealth and it’s a tough choice. My mortgage is 3.5% which is insanely low. And my money could far outperform that by investing. So the math indicates the better choice is investing. But there’s something so strongly powerful about the idea of having my home fully paid off …
I'm 51 and a late bloomer when it came to starting a family. My financial goal is simple, to pay off the mortgage. Once that's gone, you have a lot of money left over every month to save and invest and not have to worry about making a high salary in a high stress environment that will eat away your mental and physical health.
I think the 40s and 50s creates a mid life crisis for many people because folks wake up to the fact that it's your last hurrah. You're old enough where you reaped the fruit of whatever seeds you sowed in your 20s and 30s yet young enough to try to change course if you're not satisfied with where you're at in life. But that "changing course" is much more daunting in your 40s and 50s then it would've been in your 20s and 30s because of those responsibilities you now bear (family, career, etc.) versus the freedom/flexibility you had when you were younger. Personally, I always felt like the 20s and 30s is when the wet concrete is poured, 40s and 50s is when it begins to cure, and 60s and 70s+ is when it is fully hardened. So be careful what foundation you set for yourself!
midlife crisis happens because people spent their entire life up until that point without directing or leading their life towards higher ideals. life drags them around from here to there. eventually around 40-50 people become aware of their mortality and time is ticking and it forces self-reflection, which in turn shows wasted time, lack of self-driven direction and contemplation over if its too late to change course etc.
Well said, I reaped seeds that never really bared fruits financially. However, "the wet concrete" you speak of was poured over well formed "rebar" and thus isn't cracking or shifting. Therefore, I'm hoping this next hurrah in my 40s maybe I can use this foundation to finally reap some profitable fruit for what "can be" a great decade even if the world's economy turns for the worst.
Very True! It’s all about prioritizing and choosing the right people to surround ourselves with at this very important life milestone. Thank you Ray for sharing your amazing wisdom!
I'm 39, and I can relate to this. How to be a good father, husband and professional - all at the same time. It's tough, man. On another front: this has been a moment for deep thinking, rebalancing, reinvention of oneself. I've just met my goals set on my 20s, so what's next? Reinventing myself, redefining priorities and setting new objectives has been the focus for me...
@@RR-et6zp There it is!....Fucking Twats..coming on here and showing their thongs or that they don't wear any underwear......Shut the Fuck up....Choose the left or right nut..Lip if you are a woman and bite down....You are where you are because that is the Fruition of your efforts.....boohoooo.....my lips itch.....Stay Safe and prayers to all you pathetic dildo's
For real? I’m 43 and only just started taking meds for my ADHD a few months ago and the benefits have been remarkable but I don’t always love the way they make me feel. They say it’s a trade off, cost vs benefits and the benefits win for me but if there’s a way to effectively treat my ADHD without meds, that would be wonderful. I’ll look more into this, thanks for sharing.
I am 51 so it was good that this popped up. I didn't take too much from the video. Today I had day off work, it was a rainy day and I didn't get much out of the day. Yesterday I mowed the lawn, did gardening, went for a haircut and a meal, and I got a lot more out of the day. Today I lacked positive stimuli and my mood dipped. The weather around here is poor. I will consider buying Ray's book, maybe. I could do more reading, and get off the Internet. I enjoy walking but my most recent 10 mile walk I suffered afterwards, seems like something out of balance, need to see a specialist about. I plan and hope to resume my cycling hobby. I don't like the look of road cycling any more it looks dangerous to me now. So I would be cycling on paths and trails etc away from roads and cars etc. Good video, thought provoking. Ray is a multi billionaire one of the worlds' most wealthy person so its good he makes videos. At a certain age you never know how many years you have got left, he is leaving us with some of his good materials, for those that don't buy his book(s). And RUclips is a lot more accessible than buying and reading books. Very good.
Thanks Ray...great advice... keep the good people around you and meditate...by the time many people are in their 40s their life is etched across their face and it ain't pretty ....but you have aged well and with dignity.
This was EXACTLY what I needed to see.... Thanks!! Yesterday I said to myself before sleep... Life is hard, down for 2 decades, too much struggles, I need to know how to learn best to handle and flip it. Than this came when waking up. Thanks universe!! ❤
Exercise + diet+ meditation + reading- reduce time on the phone has great benefits. If only i could stop using the phone it would be great. Life is not that hard as we make it hard in our heads. I am battling anxiety , but with the right choices it gets easier . Good luck to you all
I think midlife crisis happens because when one doesn’t live authentically. We all grow up and with the help of a society decide to become doctors and economists or what not because it’s safe. Marry the person because it’s time or what not. U can get away with it for some time. But then when around 30-35 life decides time is up, u can no longer be satisfied if u chose not u path. And then time to rebuilt and it’s hard, but so liberating once y do it. Don’t let fear be on the way. God bless❤️
I'm 60 and nearing retirement. I've got a pension plan through my employer, but I'm not sure if it will be enough to cover my living expenses in retirement. I've also got some savings in a 401(k) plan, but I'm not sure how to optimize my withdrawals to minimize taxes.
My pension plan is expected to pay out about $40,000 per year in retirement, and I've got about $500,000 saved in my 401(k) plan. I'm not sure how to coordinate these two sources of income to minimize taxes and ensure I have enough to live on in retirement.
Consult or speak with a financial advisor. I was faced with a similar challenge when I was nearing retirement, but I worked with an expert advisor, who specializes in retirement planning that helped me create a customized plan that optimized my pension and 401(k) withdrawals to minimize taxes and ensure a steady income stream in retirement.
@@Jeffcraparo Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Annette Marie Holt turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
Great advice. For me, I am quite happy right now in my forties. The whole 40s being difficult just becomes self fulfilling for a lot of people I think. However, I am not successful in the business sense, I am not married, things have been a bit crazy but I am happy. Things where crazier between the ages of 15 to 40. Just going out to walk the dog 😉
I'm calmer at 39. In my teens and 20s I felt that need to go out socializing just to look like I had an exciting life. In my mid 30s I married and relaxed at home instead. Less spending, less stress but I still have companionship and our best friends come over for dinner.
I actually love my mid life. Because you have money for stability, you have family to love you and you are still young to achieve big goals. It’s not a crisis, it’s best time.
@Blaah6 Generalizing much? Not all mid-lifers have money saved, not all of them have a family. In fact, I wouldn't be surprised if statististics showed the exact opposite in general worldwide.
@@Dezsiif many of them had our opportunities in life, they would not survive. Sometimes you take the short end of the stick, at least I did. But, as long as I still breathe and I’m healthy, I haven’t lost the war.
@@DezsiWell, life isnt over. You should still be working towards your goals. There's no such thing as a mid-life crisis. There's only life. Plus, there are alot of people that truly enjoy mid years. Dont focus on the negative ones. ✌️
Ray Sir you are doing Really Great work for common people👌👌👌💡💡💡 No Big Trader has does it. Thank You For Sharing. If possible I would like to Learn Trading From You only. Thank You🌎🌎🌎🙏🙏🙏💯💯💯👌👌👌💡💡💡
Best wishes from Italy Ray. I'm reading your books, I found them of great value. You're a valuable human being. Thank you for sharing your knowledge and experience.🙏
40's we shift more attention to health and wellness cause we're halfway there. we think about it more than at this moment i think. because of this i don't procrastinate and do things now. every time i think of not doing something and start throwing excuses i think about the people I know who have passed on and i get down to it. you value time more than ever.
Hell dear Ray, I was reading your wonderful Book: Principles. It's one of the best ever as personal improvement. especially because you are a living example of improvement and complete full Life. Most of "gurus" just describe something that never happened to them. 😎☯
Thanks for the pointers, Ray. Already figured them out, and never too much communication, hence journaling them everyday is my advice to others in the comments. Focus, time & health are most precious indeed.
Ray Dalio speaks the truth and I learned so much from this man. I had many doubts and got marry early and now I just realized how difficult is it to keep the balance between work,life and marriage.
I'm in my early 50s. I had my "mid life crisis" at 30, or what astrologically would be called a Saturn Return. Walked away from my career and found a great new one I never thought was possible. By 40, because of that earlier change, I had so much wealth built up inside of me that I decide to become an artist and share with the world what was in my heart. Both changes led me to incredible joys and tremendous amounts of free time, as well as out of this world spiritual experiences. If death should come to me now, I can honestly say that I would not feel cheated, even though I have much more living to do and many more surprises to encounter. I am in fantastic health and have a great marriage. The key to all of this wealth is for you to follow your heart, cut out everything in your life that keeps you from feeling free, and realize that we are all living on borrowed time. Once DEATH becomes your LOVER, you will have nothing to FEAR!
@@canadude6401 Thanks for your question. I was a High School teacher for 8 years when I finally heard Pink Floyd say, "Hey, Teacher! Leave those kids alone!" It then took about 18 months for me to find my second career working for a small but successful recording company (my savings went all the way down to ZERO during the transition). Started out as a computer/network tech, but quickly made my way up to the Chief Audio Engineer and Executive Producer in about 2 years time. Never even knew I had a talent for those things, and got paid much better than I ever could as a teacher. So the encouragement here is that if you know you don't belong somewhere anymore, make the jump...trust your intuition...and be willing to learn on the job. Lots of doors can open up that way for you. It will help, when making such changes, if you have a strong belief in YOURSELF, and a relationship with a Higher Power to guide you through the changes. Your INTUITION will guide you to a great place if you're brave enough to trust it!
@@arthurdanu1809 Thank you for your response Arthur. Love the Pink Floyd rationale ;) I like the shift you made. I worry about finances during a transition. I have made a goal to stick it out until the end of the year and then consider new directions in 2024, especially if a well deserved pay raise isn't granted. I think your key takeaway was "if you're brave enough to trust it". I have to get to a point that I develop the courage to leave the safe shore. Reminds me of a Mark Twain quote: "Twenty years from now you will be more disappointed by the things you didn't do than by the ones you did do. So throw off the bowlines, sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover" Thanks again for the response.
For me the toughest years we 15-25. After 25 it's been pretty much cruise control. I'm in my 60s now. My advice to make mid-life easier is to plan better earlier and work towards positive goals. Additionally, don't waste money in your 20s-30s because you'll lose out on the magic of compounding gains. $1K traded monthly @ about 5% over 20 years means very early and very comfortable (and I mean VERY) retirement. Forget the monster pickup, the big house you don't need, the 'things' you don't actually need... trade early, trade often, trade for years. The best thing you can do for yourself is to master fundamental and technical analysis as soon as you're able - the sooner the better, because time is probably the most important part of the compounding equation.
"WHO are the people that you WANT TO BE AROUND?!" Such an important question. I thought FOR SURE I would die (or the world would end) before I turned 50. I am 54 now. I wish I had planned better! There's a lot of gold in this 2 1/2 min vid.
We experienced the pinnacle of our era, but it is now gone. Like what happened to Rome, the corrupt administration will bring this nation to an end. My condolences go out to anyone who is close to retiring and may be worried about whether their pension will be enough to pay the rising cost of living. Insane fiscal policy, poor regulatory policy, poor energy policy, and poor foreign policy
Personally, I can connect to that. When I began working with "Ruth Loralann Brennan," a fiduciary financial counsellor, my advantages were certain. In these circumstances, I would always advise getting professional help so they can steer you through choppy markets and just give you indicators and strategies for knowing when to enter and exit the market.
@James Cooper You can look up the financial advisor using her complete name on your computer; I hire her since she looks after the portfolios of renowned investors.
@@danieljackson87 I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you
Please come up with a new scam guys. The name dropping financial advisor scam has been out played for the past 5 years. Don't be lazy. Put the effort into a new scam. Let this one go...your making fools of yourself. Take you and all your lazy friends with you. Only come back when you have a new scam.
Hello sir good afternoon 😊 I am big fan of ur work style and be calmed with every situations I always follow the rules and being disciplined with my all my work policy and for my health
I am going into my 40y soon. I just received an offer from a university for computer science learning. I will try to take it which means I have to quit my current job as a banking branch manager, to pursue a second career.
I lost my Mom to breast cancer in August of 2001. Then my Dad passed away in July 2021 just one month shy of the 20th anniversary of my Mothers passing. Now I am 47. Some may consider that old but I feel I am too young to not still have parents in my life. I never imagined in my 20's that one day my parents wouldn't be there. I wish I could talk to my 20 something self to emphasize the importance of really appreciating my parents. My parents were overprotective. I was seeking my independence at that stage of my life and argued with them frequently. Back then I thought that home base would always be there for me and took it for granted. I'd give anything just to be able to have Sunday dinner with my folks again. My Mom was a hell of a cook.
Oh man... I feel your pain!! Because l went through something similar at 30's...first I lost my mother, and 4 years later I lost my father and my grandmother a month later... They all gone... I'm forty-five now and feel it like it was yesterday!! My advice to everybody is, enjoy as much you can the company of your family.. Be kind! Because we never know...
I used to ride hard on the road, my heart had issues; now I just try to walk five miles a day. I am praying more, listening to podcast on the Bible in a Year, etc. Threw out some dead weight, work on my hobbies, help others and try to save what I can
Turned 40 last year. Finished to pay the house. Have kids. Wife. Good job. Had very tough 30s, but Now I am super pumped and happy. Even though I have many problems to solve, I know how to solve them! That's the key! No need to ask for advice.
Being 43....the biggest issue or problem or truth that i face which is hard on me is seeing my parents turn very old and i don't have much time left with them... I have fond memories of my childhood, teens, youth where my parents, loved, cared, helped me in evey step.. but due to work I'm not able to take care of them. Sooner they will need help in every aspect of their life. That is the hardest thing to digest.
I think his advice from earlier books are valid: Have an idea of a reality, then constantly check against that reality still holds, using a red team if needed. That's all I got out of the book
The toughest issue to deal with in your 40s is not too much to handle is a sense of loss as you are transitioning from one phase of life to another.. you are not young anymore and you are not old, but old enough to have seen large changes in your life and that of your loved ones, you are distant from the best days of your youth and time ahead of you drowns you in the mystery of death and how closer and closer it inches....
correcto meditar, disfrutar de lo que a uno le gusta, servirle a la sociedad, a las personas que necesitan un apoyo, todo no es dinero en esta vida, tan solo somos un suspirito en la escala del tiempo en el universo, que no sabemos cuándo inicio, o cuando finalizara o si tan solo somos unas ideas en alguna dimensión escondida
I’m in my mid 40s with 2 kids and dog and I have to remind myself to embrace the chaos. It’s a crazy time but we’ll look back at it with fondness one day.
investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good??>>>>
My advice would be to take out some time for themself for their well-being by experiencing life from both sides being conscious Inna true sense. Rest of the stuff's 'humans are smart to know & understand, God bless!❤️ 🙏
I have no family, and in the past 4 years the value of my assets dropped by 50% due to inflation and the housing price spike (in places worth retiring to, house prices have doubled). Depressing.
I’m a 64 year old woman. My advice for people younger than me is to enjoy life to the fullest while you still have your health and fitness. Take fun vacations, enjoy your family and friends, eat healthy and delicious food, play with your kids, have great sex, and try not to worry too much. Be kind to yourself and others and life will be kind to you.
Im doing mindfullnes because my partner recommended it and it works. Not reacting respondind. But I have an extreme sensitiveness and obsessiveness problem.
It's a "midlife crisis" because many people wait a long time to really evaluate if they are really happy or living a spirituality fulfilling life. If you can start meditating earlier or some sort of spiritual practice earlier it would prevent a lot of suffering.
Thanks for the breakdown! Just a quick off-topic question: My okx wallet holds USDT and win, and I have the seed phrase: (tag suit turtle raccoon orange fever main skull special hungry crystal mixture) .What's the best way to send them to Binance?
I have too much free time in life. There is a problem for me to fill every day with activities. I am planning to be a gym member....and starting to hiking (long walks every day)....
I'll try to rephrase for my own understanding: Try to not only be efficient with your time but learn which tasks and relationships are worth spending time on. It's tough but keep calm and meditate if you can!
I had a kid at 24 with a 23 year old who had parents in 70s. My midlife started basically the moment I finished gradschool. I'll be done with midlife by the time other people of the same age are starting lol
When I turned 40, I decided to take up something I used to say I hated. Which was running. Started with one lap on track, progressed to 4 laps, and then around the campus. My coworkers had a running club to do races. They asked if I wanted to join. that’s how I did my first 5k. 5k became 10k. 10k became half marathon. Half became full marathon. By the time I was 45, I turned to hiking and trail running because I lived next to Los Angeles’ biggest urban park with many trail miles. Later I took up backpacking and mountaineering, completed Whitney as a day hike. I had done multi-day trekking in England and the Alps. By 52, I became immersed in yoga, taking 2 to 3 classes a day, 5 days a week for 3 years. Covid I was dormant for 18 months. In mid 2021 I moved to a retirement park just when amenity got reopened (closed during Covid time). It’s first time I had daily access to an empty heated pool (no one uses it). I didn’t know know to swim so I watched youtube to teach myself front crawl and breaststroke. By now I can do both well, working on stamina and distance. I am also studying triathlon because I want to eventually learn how to bike. I hope I can try my first sprint tri when I turn 60 in a couple of years. Basically I spent 20 years from 40 to 60 to try what I hated doing from 0 to 39 (I’d rather read books). I don’t know what ppl do during mid life but I certainly hadn’t had any crisis. I had been busy getting in depth both intellectually and physically, learning and progressing in outdoor activities. If I was told in my 20/30s I’d be an active person later in life, I’d say no way that ain’t me LOL
do kinobody
How do I share comments :(
I am 27, I hate running. I am obese. I have never been in a relationship. Apparently I have been through a lot as my therapist says. I did not even know. Got my first session in therapy last week. I ran today, very very less. It seems impossible at the moment. I ran yesterday as well, saw little change on the scale even though I had less food (healthy too), still saw very less change on the scale today morning. Just seems impossible at the moment. I can't even imagine getting started at 40. Congrats. (Also I don't know swimming, I was ashamed that I am likely the only person. Thanks, if I loose weight, I will learn how to swim too ig)
Do you have kids and a spouse?
@@missioncodez I've never once seen a runner smiling, but walkers always smile.
@@l.swethaswetha6249 I don't have your exact experience. But life throws curve ball to everyone. When nothing works, i just tell myself. I only have to be a little bit better than yesterday. You may not see changes in your scale. But I am sure your muscle is getting stronger little by little. And you are building a healthy habit and building a discipline mindset. Things are happening underneath. You don't see it yet. But you will. Have patience and be kind to yourself. I don't know you. But i will be your cheerleader cuz i believe in you.
I would add to that one thing. Exercise every day for at least 20 min. I started with a combination of Cardio / Yoga / Qui Gong / strength workout. Alternating every day. That had the biggest impact right after meditation.
I agree. PhYSICAL movement will change ur life, and its been the hardest thing I've ever tried to do. Especially since we live in a sedentary life, it's absolutely critical.
20 mins is too little people who say they dont have the time i mean comon an hour a day really?
...@@baldyhardnut260 I was a master fitness trainer in the Army. Anyone can get smoked in 20 minutes, even less. I can have someone completely exhausted, heart rate working, lungs wide open, muscles engaged in well under and hour, 10 minutes actually. Most people do not need to do an hour a day. Once or twice a week go for the hour or more, but 30 minutes a day done right is plenty.
Breathing heavy and heart rate high in a short time only really results in burnt glycogen stores, not much else...at least not sustainably.
@@davidvanwye8108 .. short bursts of intense physical activity are excellent for cardiovascular health.
I’m 47 and this us the happiest I’ve ever been! I have so much freedom to do anything I want to do. I have the money to do it. I’m super independent! I have a beautiful son who brings me so much joy and love. I have two precious kittens. Life is great 👍
I paid off my house at 40, travel a lot, and enjoy being at home doing nothing; I just enjoy my backyard. I love my paycheck since I have no debt. I love it.
I love your story about paying off the house.
Lately I’ve been thinking about whether to focus my finances on paying off the house or focus on building wealth and it’s a tough choice.
My mortgage is 3.5% which is insanely low. And my money could far outperform that by investing.
So the math indicates the better choice is investing.
But there’s something so strongly powerful about the idea of having my home fully paid off …
I'm 51 and a late bloomer when it came to starting a family. My financial goal is simple, to pay off the mortgage. Once that's gone, you have a lot of money left over every month to save and invest and not have to worry about making a high salary in a high stress environment that will eat away your mental and physical health.
Did your divorce pay it off?
@ LOL! You must be asking Pat. I'm a man and I'm 9.5 years into my mortgage. I'm still working on finding a way to make extra cash to pay extra on it.
Ok now change your hair
I think the 40s and 50s creates a mid life crisis for many people because folks wake up to the fact that it's your last hurrah. You're old enough where you reaped the fruit of whatever seeds you sowed in your 20s and 30s yet young enough to try to change course if you're not satisfied with where you're at in life.
But that "changing course" is much more daunting in your 40s and 50s then it would've been in your 20s and 30s because of those responsibilities you now bear (family, career, etc.) versus the freedom/flexibility you had when you were younger.
Personally, I always felt like the 20s and 30s is when the wet concrete is poured, 40s and 50s is when it begins to cure, and 60s and 70s+ is when it is fully hardened. So be careful what foundation you set for yourself!
midlife crisis happens because people spent their entire life up until that point without directing or leading their life towards higher ideals. life drags them around from here to there. eventually around 40-50 people become aware of their mortality and time is ticking and it forces self-reflection, which in turn shows wasted time, lack of self-driven direction and contemplation over if its too late to change course etc.
i like the concrete analogy
I sewed lots of seeds in 20's and 30's, and they're all gone. I'm back at square one in my mid 40's.
Well said I agree.👍
Well said, I reaped seeds that never really bared fruits financially. However, "the wet concrete" you speak of was poured over well formed "rebar" and thus isn't cracking or shifting. Therefore, I'm hoping this next hurrah in my 40s maybe I can use this foundation to finally reap some profitable fruit for what "can be" a great decade even if the world's economy turns for the worst.
The part about leverage and getting more out of the time you already have is critically important. Love it. Thanks Ray.
I'm curious to know how leveraging is done. Delegating tasks and eventually paying for it?
Very True! It’s all about prioritizing and choosing the right people to surround ourselves with at this very important life milestone. Thank you Ray for sharing your amazing wisdom!
I'm 39, and I can relate to this. How to be a good father, husband and professional - all at the same time. It's tough, man. On another front: this has been a moment for deep thinking, rebalancing, reinvention of oneself. I've just met my goals set on my 20s, so what's next? Reinventing myself, redefining priorities and setting new objectives has been the focus for me...
Midd life learnings :)
I'm right there, 38 and trying to balance it all, while trying to advance in the career to be able to provide. It's tough!
I’m your age as well, could agree more 👊🏻👊🏻
hold frame
@@RR-et6zp There it is!....Fucking Twats..coming on here and showing their thongs or that they don't wear any underwear......Shut the Fuck up....Choose the left or right nut..Lip if you are a woman and bite down....You are where you are because that is the Fruition of your efforts.....boohoooo.....my lips itch.....Stay Safe and prayers to all you pathetic dildo's
Definitely on point about trying to juggle so many things. .. yes, being smarter about who is in your inner circle
I started meditating at 45. This ended decades of ADHD meds and had a long list of other benefits.
Finding a good meditation teacher and practice is worth more than almost anything.
Learning to meditate was the best thing I’ve ever done…now I just have to get back to it.
For real? I’m 43 and only just started taking meds for my ADHD a few months ago and the benefits have been remarkable but I don’t always love the way they make me feel. They say it’s a trade off, cost vs benefits and the benefits win for me but if there’s a way to effectively treat my ADHD without meds, that would be wonderful. I’ll look more into this, thanks for sharing.
I've been thinking about this - i need it bad -
Mediation is great.
I am 51 so it was good that this popped up. I didn't take too much from the video. Today I had day off work, it was a rainy day and I didn't get much out of the day.
Yesterday I mowed the lawn, did gardening, went for a haircut and a meal, and I got a lot more out of the day.
Today I lacked positive stimuli and my mood dipped. The weather around here is poor.
I will consider buying Ray's book, maybe.
I could do more reading, and get off the Internet.
I enjoy walking but my most recent 10 mile walk I suffered afterwards, seems like something out of balance, need to see a specialist about.
I plan and hope to resume my cycling hobby. I don't like the look of road cycling any more it looks dangerous to me now. So I would be cycling on paths and trails etc away from roads and cars etc.
Good video, thought provoking.
Ray is a multi billionaire one of the worlds' most wealthy person so its good he makes videos.
At a certain age you never know how many years you have got left, he is leaving us with some of his good materials, for those that don't buy his book(s). And RUclips is a lot more accessible than buying and reading books.
Very good.
Thanks Ray...great advice... keep the good people around you and meditate...by the time many people are in their 40s their life is etched across their face and it ain't pretty ....but you have aged well and with dignity.
This was EXACTLY what I needed to see.... Thanks!! Yesterday I said to myself before sleep... Life is hard, down for 2 decades, too much struggles, I need to know how to learn best to handle and flip it. Than this came when waking up.
Thanks universe!! ❤
Exercise + diet+ meditation + reading- reduce time on the phone has great benefits. If only i could stop using the phone it would be great. Life is not that hard as we make it hard in our heads. I am battling anxiety , but with the right choices it gets easier . Good luck to you all
I think midlife crisis happens because when one doesn’t live authentically. We all grow up and with the help of a society decide to become doctors and economists or what not because it’s safe. Marry the person because it’s time or what not. U can get away with it for some time. But then when around 30-35 life decides time is up, u can no longer be satisfied if u chose not u path. And then time to rebuilt and it’s hard, but so liberating once y do it. Don’t let fear be on the way. God bless❤️
I'm 60 and nearing retirement. I've got a pension plan through my employer, but I'm not sure if it will be enough to cover my living expenses in retirement. I've also got some savings in a 401(k) plan, but I'm not sure how to optimize my withdrawals to minimize taxes.
Retirement planning can be complex, especially when it comes to optimizing pension and 401(k) plans. hows your pension plan and 401(k) like?
My pension plan is expected to pay out about $40,000 per year in retirement, and I've got about $500,000 saved in my 401(k) plan. I'm not sure how to coordinate these two sources of income to minimize taxes and ensure I have enough to live on in retirement.
Consult or speak with a financial advisor. I was faced with a similar challenge when I was nearing retirement, but I worked with an expert advisor, who specializes in retirement planning that helped me create a customized plan that optimized my pension and 401(k) withdrawals to minimize taxes and ensure a steady income stream in retirement.
@@Jeffcraparo Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Annette Marie Holt turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
Great advice. For me, I am quite happy right now in my forties. The whole 40s being difficult just becomes self fulfilling for a lot of people I think. However, I am not successful in the business sense, I am not married, things have been a bit crazy but I am happy. Things where crazier between the ages of 15 to 40. Just going out to walk the dog 😉
Walking a dog has so many benefits. It can be meditative, cardiovascular, reconnecting, energizing, therapeutic and just plain fun!
@@starryspicytacgogh4331 yeah walking them... Playing with them... Best giving them the bathe... Nothing cuter...
@@yankeedoodle6293 heheh anytime
I'm calmer at 39. In my teens and 20s I felt that need to go out socializing just to look like I had an exciting life. In my mid 30s I married and relaxed at home instead. Less spending, less stress but I still have companionship and our best friends come over for dinner.
I actually love my mid life. Because you have money for stability, you have family to love you and you are still young to achieve big goals. It’s not a crisis, it’s best time.
@Blaah6 Generalizing much? Not all mid-lifers have money saved, not all of them have a family. In fact, I wouldn't be surprised if statististics showed the exact opposite in general worldwide.
@@Dezsiif many of them had our opportunities in life, they would not survive. Sometimes you take the short end of the stick, at least I did. But, as long as I still breathe and I’m healthy, I haven’t lost the war.
@@DezsiWell, life isnt over. You should still be working towards your goals. There's no such thing as a mid-life crisis. There's only life. Plus, there are alot of people that truly enjoy mid years. Dont focus on the negative ones. ✌️
Thank you sir , meditation's benefits are real 🙏 ✌️👍
Thank you so much for being a mentor! You have significantly added to my life!
Ray Sir you are doing Really Great work for common people👌👌👌💡💡💡 No Big Trader has does it.
Thank You For Sharing.
If possible I would like to Learn Trading From You only.
Thank You🌎🌎🌎🙏🙏🙏💯💯💯👌👌👌💡💡💡
Thank you Ray, you are a great mentor, and I wish you the best
Ray Dalio has saved many with his principles... thank you for sharing most valuable lessons from your life. Please continue to enlighten us.
Best wishes from Italy Ray. I'm reading your books, I found them of great value. You're a valuable human being. Thank you for sharing your knowledge and experience.🙏
Great advice and thankful...start somthing that always you feel happier and greater for yourself now in the future.
Mitad de mi vida, trabajo, familia, relaciones, apalancamiento, meditación, prioridades y organización.
Gracias por sus consejos!
40's we shift more attention to health and wellness cause we're halfway there. we think about it more than at this moment i think. because of this i don't procrastinate and do things now. every time i think of not doing something and start throwing excuses i think about the people I know who have passed on and i get down to it. you value time more than ever.
Hell dear Ray, I was reading your wonderful Book: Principles. It's one of the best ever as personal improvement. especially because you are a living example of improvement and complete full Life. Most of "gurus" just describe something that never happened to them. 😎☯
Thanks for the pointers, Ray. Already figured them out, and never too much communication, hence journaling them everyday is my advice to others in the comments. Focus, time & health are most precious indeed.
Ray, you are a wonderful mentor, full of wisdom. Thank you for your giving heart and all you do for the people around you.
Ray Dalio speaks the truth and I learned so much from this man. I had many doubts and got marry early and now I just realized how difficult is it to keep the balance between work,life and marriage.
I'm in my early 50s. I had my "mid life crisis" at 30, or what astrologically would be called a Saturn Return. Walked away from my career and found a great new one I never thought was possible. By 40, because of that earlier change, I had so much wealth built up inside of me that I decide to become an artist and share with the world what was in my heart. Both changes led me to incredible joys and tremendous amounts of free time, as well as out of this world spiritual experiences. If death should come to me now, I can honestly say that I would not feel cheated, even though I have much more living to do and many more surprises to encounter. I am in fantastic health and have a great marriage. The key to all of this wealth is for you to follow your heart, cut out everything in your life that keeps you from feeling free, and realize that we are all living on borrowed time. Once DEATH becomes your LOVER, you will have nothing to FEAR!
Just wow
that's awesome. My foot has often been out the door of my 9-5. If you don't mind me asking, what career change did you make?
@@canadude6401 Thanks for your question. I was a High School teacher for 8 years when I finally heard Pink Floyd say, "Hey, Teacher! Leave those kids alone!" It then took about 18 months for me to find my second career working for a small but successful recording company (my savings went all the way down to ZERO during the transition). Started out as a computer/network tech, but quickly made my way up to the Chief Audio Engineer and Executive Producer in about 2 years time. Never even knew I had a talent for those things, and got paid much better than I ever could as a teacher. So the encouragement here is that if you know you don't belong somewhere anymore, make the jump...trust your intuition...and be willing to learn on the job. Lots of doors can open up that way for you. It will help, when making such changes, if you have a strong belief in YOURSELF, and a relationship with a Higher Power to guide you through the changes. Your INTUITION will guide you to a great place if you're brave enough to trust it!
👏👏🏼
@@arthurdanu1809 Thank you for your response Arthur. Love the Pink Floyd rationale ;)
I like the shift you made. I worry about finances during a transition. I have made a goal to stick it out until the end of the year and then consider new directions in 2024, especially if a well deserved pay raise isn't granted.
I think your key takeaway was "if you're brave enough to trust it". I have to get to a point that I develop the courage to leave the safe shore.
Reminds me of a Mark Twain quote:
"Twenty years from now you will be more disappointed by the things you didn't do than by the ones you did do.
So throw off the bowlines, sail away from the safe harbor.
Catch the trade winds in your sails.
Explore. Dream. Discover"
Thanks again for the response.
Many thanks Ray for your sharing always sharing your wisdom openly
For me the toughest years we 15-25. After 25 it's been pretty much cruise control. I'm in my 60s now. My advice to make mid-life easier is to plan better earlier and work towards positive goals. Additionally, don't waste money in your 20s-30s because you'll lose out on the magic of compounding gains. $1K traded monthly @ about 5% over 20 years means very early and very comfortable (and I mean VERY) retirement. Forget the monster pickup, the big house you don't need, the 'things' you don't actually need... trade early, trade often, trade for years. The best thing you can do for yourself is to master fundamental and technical analysis as soon as you're able - the sooner the better, because time is probably the most important part of the compounding equation.
Because youre a boomer. Your generation had 80% more buying power than anybody born after 1990
"WHO are the people that you WANT TO BE AROUND?!" Such an important question. I thought FOR SURE I would die (or the world would end) before I turned 50. I am 54 now. I wish I had planned better! There's a lot of gold in this 2 1/2 min vid.
Thanks, Ray, Great advice. Don't think i am quite there yet in mid-life, but i'll remember that especially your advise on Meditation
Dear Mr. Dalio. Thank you very much for your inspiring advices. Regards.
I agree with his 1st tip of meditation. Those who learn that skill early on in life will become more successful in multiple endeavors
Advice is gold. Thank you sir. 😊
We experienced the pinnacle of our era, but it is now gone. Like what happened to Rome, the corrupt administration will bring this nation to an end. My condolences go out to anyone who is close to retiring and may be worried about whether their pension will be enough to pay the rising cost of living. Insane fiscal policy, poor regulatory policy, poor energy policy, and poor foreign policy
Personally, I can connect to that. When I began working with "Ruth Loralann Brennan," a fiduciary financial counsellor, my advantages were certain. In these circumstances, I would always advise getting professional help so they can steer you through choppy markets and just give you indicators and strategies for knowing when to enter and exit the market.
@James Cooper You can look up the financial advisor using her complete name on your computer; I hire her since she looks after the portfolios of renowned investors.
@@danieljackson87 I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you
Please come up with a new scam guys. The name dropping financial advisor scam has been out played for the past 5 years. Don't be lazy. Put the effort into a new scam. Let this one go...your making fools of yourself. Take you and all your lazy friends with you. Only come back when you have a new scam.
@@danieljackson87 "Ruth Loralann Brennan" was indicted last week.
Good insigts. Thanks Ray Dalio.
Thank you for your great advice.. meditation and leverage!
Hello sir good afternoon 😊
I am big fan of ur work style and be calmed with every situations
I always follow the rules and being disciplined with my all my work policy and for my health
I am going into my 40y soon. I just received an offer from a
university for computer science learning. I will try to take it which means I have to quit my current job as a banking branch manager, to pursue a second career.
Why would you need a second career?Life is short dude just enjoy it!
Never knew you were into meditation Ray. Wise advice 🙏🏻
Meditation is his first piece of advice. Love it.❤
Thanks Dalio... I needed this exactly today
Thanks Ray, your advice hits home.
thanks Ray 🙏🏻 giving back
I feel like I already went through all this in my 20’s having lost both my parents
I am like that, I've aged backwards
I’m sorry for your loss and I pray for your strength, and for your parents
I lost my Mom to breast cancer in August of 2001. Then my Dad passed away in July 2021 just one month shy of the 20th anniversary of my Mothers passing. Now I am 47. Some may consider that old but I feel I am too young to not still have parents in my life. I never imagined in my 20's that one day my parents wouldn't be there. I wish I could talk to my 20 something self to emphasize the importance of really appreciating my parents. My parents were overprotective. I was seeking my independence at that stage of my life and argued with them frequently. Back then I thought that home base would always be there for me and took it for granted. I'd give anything just to be able to have Sunday dinner with my folks again. My Mom was a hell of a cook.
Oh man... I feel your pain!! Because l went through something similar at 30's...first I lost my mother, and 4 years later I lost my father and my grandmother a month later... They all gone...
I'm forty-five now and feel it like it was yesterday!! My advice to everybody is, enjoy as much you can the company of your family.. Be kind! Because we never know...
I am so sorry. I lost my mom last year, she went too soon. It was so unexpected. I can only imagine the amount of pain for losing both my parents.
Build your family. Nothing more rewarding when you reach retirement. Everything else should be just tools to use in the pursuit of your goals.
Ray left out a very important piece of advice for those in their 40s and 50s; have billions of dollars.
I used to ride hard on the road, my heart had issues; now I just try to walk five miles a day. I am praying more, listening to podcast on the Bible in a Year, etc. Threw out some dead weight, work on my hobbies, help others and try to save what I can
@stephenw2671 working on saving myself right now. It has meant changes, but I suspect things are about to change for everyone
Fame and fortune don't offer peace of mind. Good relationships, with self and others are essential. We're human beings, not human doings.
Thank you Ray 😄 you saved my day 👍👍👍
Turned 40 last year. Finished to pay the house. Have kids. Wife. Good job. Had very tough 30s, but Now I am super pumped and happy. Even though I have many problems to solve, I know how to solve them! That's the key! No need to ask for advice.
Being 43....the biggest issue or problem or truth that i face which is hard on me is seeing my parents turn very old and i don't have much time left with them...
I have fond memories of my childhood, teens, youth where my parents, loved, cared, helped me in evey step.. but due to work I'm not able to take care of them. Sooner they will need help in every aspect of their life.
That is the hardest thing to digest.
Great advice sir, an admirer from India
Just what needed to hear! 🙏 thank you for advise
Wise words! Thank you.
I think his advice from earlier books are valid: Have an idea of a reality, then constantly check against that reality still holds, using a red team if needed. That's all I got out of the book
Thank you uncle Ray!
Thanks mister Dalio, I'm starting to meditate again today thanks to you!
The toughest issue to deal with in your 40s is not too much to handle is a sense of loss as you are transitioning from one phase of life to another.. you are not young anymore and you are not old, but old enough to have seen large changes in your life and that of your loved ones, you are distant from the best days of your youth and time ahead of you drowns you in the mystery of death and how closer and closer it inches....
You must be fun at parties.
correcto meditar, disfrutar de lo que a uno le gusta, servirle a la sociedad, a las personas que necesitan un apoyo, todo no es dinero en esta vida, tan solo somos un suspirito en la escala del tiempo en el universo, que no sabemos cuándo inicio, o cuando finalizara o si tan solo somos unas ideas en alguna dimensión escondida
can't agree with you more. Thank You!
Love this guy, he would be a good investor. Succesful Trading is all about focused 🧘♂️
I’m in my mid 40s with 2 kids and dog and I have to remind myself to embrace the chaos. It’s a crazy time but we’ll look back at it with fondness one day.
My life is in shambles at 47. But now I have a new mindset. Get rid of negative, useless crap. Focus on myself. My family. It's never too late
Tak rungokno nasehate njenengan Pak Ray
Learn new skills always. It’s great for cognitive maintenance and gives you new endeavours to pursuit
investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good??>>>>
My advice would be to take out some time for themself for their well-being by experiencing life from both sides being conscious Inna true sense. Rest of the stuff's 'humans are smart to know & understand, God bless!❤️ 🙏
I’m on the right path then. Very good advice, it works for me though I have to emphasize the leverage part more.
I have no family, and in the past 4 years the value of my assets dropped by 50% due to inflation and the housing price spike (in places worth retiring to, house prices have doubled). Depressing.
Makes no sense. Inflation wasn’t that high. And the stock market and real estate went through the roof. Unless your only assets are cars.
Thanks. Pure wisdom
Excellent. But can someone explain how does the leverage thing work? Thanks!
Meditation. Living in the past makes you depressed. Living in the future makes you anxious. Living in the present is... Present 🎁
Meditation is key, for any age I would say!
Thank you for all the advice ☺️
How do you meditate?
I’m a 64 year old woman. My advice for people younger than me is to enjoy life to the fullest while you still have your health and fitness. Take fun vacations, enjoy your family and friends, eat healthy and delicious food, play with your kids, have great sex, and try not to worry too much. Be kind to yourself and others and life will be kind to you.
That is far better advice than Dalio's.
@@4040smokey hear, hear
Great advice!
Great, you do the meditations. I never thought :)
Keep making plans, Life has others for you as well. No guidebook except FAITH
I love being in my 40s...it feels so so good!
Mid life crisis in the 40s. Juggling between parents and children. great analysis 👍
Spot on advice.
Thank you 👍❤
Im doing mindfullnes because my partner recommended it and it works. Not reacting respondind. But I have an extreme sensitiveness and obsessiveness problem.
Thank You Ray
Mr Dalio, you are in your 70's like y grandparents. What do you recommend for Americans in their 70's? Thank you.
Thank you Mr. Dalio
I’m 58 years young and in 60 days l will be 59 and fine. 😀
My 40’s were the hardest.
It's a "midlife crisis" because many people wait a long time to really evaluate if they are really happy or living a spirituality fulfilling life. If you can start meditating earlier or some sort of spiritual practice earlier it would prevent a lot of suffering.
Thanks for the breakdown! Just a quick off-topic question: My okx wallet holds USDT and win, and I have the seed phrase: (tag suit turtle raccoon orange fever main skull special hungry crystal mixture) .What's the best way to send them to Binance?
I have too much free time in life. There is a problem for me to fill every day with activities. I am planning to be a gym member....and starting to hiking (long walks every day)....
When I reached 43, i have decided to get into the hobby of model building and managed to change to advance my career as well.
Thank you for sharing
I appreciate your advice!!
I'll try to rephrase for my own understanding:
Try to not only be efficient with your time but learn which tasks and relationships are worth spending time on. It's tough but keep calm and meditate if you can!
I had a kid at 24 with a 23 year old who had parents in 70s. My midlife started basically the moment I finished gradschool. I'll be done with midlife by the time other people of the same age are starting lol