When you fall into a routine of doing whatever you want to do, you'll get used to it pretty quickly. And then you'll have time to decide what else you want to do
I was working doing Uber on my own schedule at 66. I got a liver transplant in March and I’m feeling great. Lost a ton of weight but need to avoid crowds as I take medication to lower my autoimmune system to prevent rejection of my liver. No more Ubering. I didn’t need the money and wear and tear on my SUV so I am very content just staying home. I made it an art form planning ventures out of the house by combining trips. Just came back from Maine, a one week vacation with 2 of my sisters. Traveled from CT. In October I’m going to my timeshare in Myrtle Beach for a week. Life is good at my current age of 67.
@shelton126 Glad to hear you’re doing well after your surgery and seem to be loving life. I love Myrtle Beach. I used to go all the time for long weekends in the off season.
Peter, you’ve got me by a couple years (53 soon). I believe I’ve said once before. My date is fast approaching as well (Feb). My teleworking (3) days for the past 4yrs, has prepped me for the transition. A healthy pension (33 yrs) + investments have me ready for it. Wife still working as well. The challenge/goal is just to live to receive it. Especially to 67 for full SS. Health being the main concern if any towards that goal. Like yourself, I’ve been all-in with my retirement content consumption. As I feel the mental aspect will be the biggest part of it. I have plenty of hobbies to keep me inspired. Yet still, the jitters try to creep in a bit. Being a man of faith, I’m not scared. As we truly have no control anyways. Keep up the great content. Peace.. NET (John) 👍🏾✌🏾
It's been a while since I last saw you. Glad to see you again. Don't be afraid. Am doing it like you told me about 2 months ago. Retire, you'll be ok. God bless you!
Thats a Massachusetts accent. My cousins sounds just like him. They live in a town called Lawrence Massachusetts. And my dad was born in Lowell mass. In the 1930s. Thanks for all your informative videos.
The last 8 years at my job I had Sundays and Mondays off. It was fantastic. Sunday spent with family and Monday spent taking care of errands, doctor appointments, lawn work. Then my last year I used my vacation days too, worked 25-30 hours but paid for almost full time.
Retirement is great at first, but make sure you have hobbies or a part time job because it will get boring real quick. We need a purpose to keep us going.
Love your channel! You know what they say, "You can always make more money, but you cannot make more time." I'll be 61 next July, and I too are looking at working just 2-3 days a week.
Your pretty calm and collective heading into retirement, my overhead is low and at 57 I still fret about leaving even though I can collect 45k net pension a year and no debt and a hefty 401k and a brokerage account. Growing up in heavy poverty is probably the reason, the fear of poverty always plays into my decision.
I'm 60. Not going to relax until I'm 67. Been doing side hustles since I was 13. I'm 60 and still doing side hustles. My time off at work, I do my side hustles. But my side hustles isn't work to me, I enjoy them and it makes money for me. Been in construction like until I was 44, started when I was 18. So making tons of money, while I was young. From there I took easier jobs for my body. So I can stay healthy and save my body from harm. Older I get, the earlier my jobs will be. Right now I'm just a caregiver, working 75 hours bi-weekly. My side hustles are building and fixing computers, building websites and on weekends I always set up my flea market booth. Because I really enjoy buying and selling and greeting people. I guess that's why I'm a caregiver. I enjoy my current job as well, meeting all kinds of new people. I think this keeps me happy and feeling young. I been debt free since I was 36 and I own my home out right. So life been good to me. Will do my side hustles until death. Since I love doing them.
Hi Peter. I stumbled on your videos about a month ago and it mazes me how much our mind set is the same. I will be 62 in Oct and plan on retiring at the end of January of 2025. So not much longer. Like you I been working all my life and so ready to be done with it. Same job for 41 years. Im single and debt free also. Like you I'm getting nervous the closer I get to Janurary. I'm not rich by any means but I think I can do this with the money I have saved and my 401k I have. Just wished I planned for this sooner in life. Always just a get by type of guy but now very frugal with my money. Once I got divorced and the child payments got done I was able to really start saving and get out of debt. My two kids are grown and doing really well so no worries with them. Take care and I will keep watching your videos. PS. Lets hope the stock market hold out for us. Really nervous about that. I'm thinking about rolling my 401K in to a IRA so I have more control with it. I been practicing with a fake account and been out preforming my 401k by a lot.
Yup. I think we all wish we started saving 10% or more from the age of 20. That would had been nice but we work with what we got. I hope you can make it work and retire in January. Keep us updated
Yes. Lots of options. I do want to take at least a few months and enjoy not working and see how I feel. Nothing has to be set in stone and I can change things at any time.
My husband worked till he was 69 years old. The company paid him pretty good. And we loved that company took us to visit beautiful places. [ the company rewarded the customers who bought a lot company products by taking customers to visit beautiful places like Jamaica. Mexico. Duminal Republic. My husband was original manager. He went to take care customer in those beautiful places, well i got to go with him too]..anyways we are living like American middle class,no brand name, no luxury items. We live out of his retirement money. I work 3-4 days a week, at outdoor furniture company( with inflation and low season the company doesn't have much work.) With this income, we are fine. [ we don't have kids]
I’m 54, I retired last month. It’s very strange not having a paycheck coming in, though I have been working with a financial advisor, it’s still unnerving to know which accounts to pull money from to cover living expenses. I think it will take me about 6 months to adjust to this new way of life.
@LisaG-vu2gl Good to know others are feeling the same as I. I would agree thinking it will take a good six months to become mentally stable with it. Thank you for the comment.
I retired at 56 and am living off my 401(k). I don’t consider it to be living paycheck to paycheck because I have some cash and other investments. Most people who live paycheck to paycheck have no backup savings if something was to happen. As frugal as you seem to be, I bet you will have no problems.
Yet to retire but I am on target to do so next year as well. We are conditioned to save all our working life then we retire and we spend I think that’s hard to get your head around. Hope your house sells sounds like you have planned well for your retirement.
My husband retired in 2000 from the federal government a little bored so he went to work for the state transportation system for eight years ended up with two different pensions he qualified for a 20% disability through VA with small pension there and then completed his Social Security quarters so I think we’re set Along with my Social Security make sure your house is paid off. we both do a little bit of volunteer work.
A few suggestions: Convert your 401k to IRA; buy covered call ETFs that return 10-12%; roll dividends into a cash account paying 5%; set stop loss orders to protect against disaster; get monthly draws from the cash account to live off the dividends. Time is more valuable than $, don’t feel pressed to work unless it is necessary.
@RobertMcclean-ed4eb I’ll need to keep the 401k money there till I’m 59 1/2 or I’ll be paying the 10% early withdrawal fee. Time is definitely worth more than money 👍🏻
I'm 65 and easing into retirement with slowly reducing work hours. Some can do it all at once but it wouldn't for me financially or just with having all that extra time
You could also buy an annuity to give you a paycheck with the possible 200k profit from your home sale, which could possibly give you $1300 per month for 20 yrs, with the right annuity, I know a lot of people don't favor annuities, but it would help you to not feel so nervous about your financial status each month, knowing that there would be a steady check coming in..
I am 45 and putting together a plan to retire at 55. I checked with my employer to see if they allow employees to use the rule 55 and they don't. HR said they would look into it, so I have my fingers crossed 🤞. I may need a plan B. Enjoying your videos
Look at the 401k PDF online and see if it’s laid out in there. It usually won’t say The Rule of 55 but there’s wording in there. Lots of times HR has never even heard of it. Haha
It is a completely different feeling going from accumulating wealth to spending it down. Having that cash sitting there knowing you have a couple of years as a safety net helps. I am doing the Rule of 55 withdrawal once a quarter and then pay myself once a month from savings. I have thought about seasonal PT work maybe next year mostly for the social interaction. We are volunteering a couple of days a week and that has been great. Looking to do more of that this fall.
I’ve watched just about all your videos and they give me encouragement. You have great insight as someone who has recently retired. Thank you for the comment and advice as always.
Soooo, 55 here. Not wanting to go back to my factory job of 33 years. On medical leave for the last 4 months for diabetic foot issue. Need a part-time job for health benefits. I have high 6 figure 401k and going by grandparents and parents' deaths, I may have a life expectancy of very early 70s. Will draw ss at 62. I admire your lifestyle and honesty and would like to know if my thought sounded feasible...appreciate all opinions. Im married and house paid off in 2 years.
The thing to consider is taxes. 401k money is what you want to use first before you start SS. Max lower tax rates with Roth conversions. Do all of this before taking SS. See a good tax pro to set-up a good tax/retirement withdraw plan.😊
I plan to retire at 55 as well, despite the company pension deducting 5% for each year before the full retirement age of 62. I'm really ready to move on from the 9-to-5 grind and only have 6 more years to go. Fortunately, my stock portfolio dividends and a small pension will support me until I'm 62, when I expect Social Security will provide an additional $2,800 per month. I’m looking forward to escaping this rat race....
I'm retiring same as you December 31 and Like you I'm scared to death I be getting 3 checks a month pension , SS , and my 401. But even knowing that worry's me lol😂
I just turned 62. Single male, no kids and ZERO debt, with just over $1 million in retirement savings. I plan on working one more year and retire next August 2025, at age 63. My employer's health insurance continues in retirement for life (employer pays 80%, I pay 20%). I hope to be closer to about $1.5 million by next August. Also, I plan to work part time in retirement to supplement my retirement income.
I figure i'll need roughly $2400 a month (and that is on the "high" side) to live. Figuring out til i'm 90, I can spend $3200 a month. That is not counting social security. Having a plan is important, living paycheck to paycheck as you call it... well, there is always side hustles and part time jobs or whatever. You my friend seem to be find though and have a plan. I hope to cut my "needs" someday down the road but then there is always inflation etc. too. Lots to consider for sure!
Ok to worry. if you decide to stay with the job will benefit you in the long run the taking shorter work weeks and family leave are good options. For me would wait until they fire me then execute this plan. Anyway we all support you.
Pete your positive attitude will carry you into retirement seamlessly.. you live below your means, you are prepared with some cash and 401k, and you are aren’t afraid to work 10-16 hours a week if needed. You’ll be just fine sir. Taking 3-4 months off is the best thing you can do. This will be a time of recharging your batteries and of self-discovery. You may find like you mentioned that you want to work a few hours at something you like to do. And you can focus more on your channel growth for both fun and income too. Bottom line is.. anyone with your outlook and energy will always be just fine! Cheering you on my friend. Go Get it!!!!
I’ve lived paycheck to paycheck my whole life. I don’t and wouldn’t know any difference. I’m used to it and I don’t think anything about it. I’ve been retired for a year and a half and I’m living off my 401 and a pathetic pension. I never stress about it at all. I know I’m probably in the minority though. Live simple and low key.
@@DebK-y7k I’ll be using the affordable healthcare act. Also known as Obamacare. If you’re income is very low health insurance via the affordable healthcare act is pretty cheap.
@user-hw9vf4p19s there’s a couple others I’m my subdivision and nearby that have been on the market a month or so longer than mine and still no sales. Might just be a slow time. Contract thru the end of October
There’s nothing wrong with living paycheck to paycheck. I know people that are living two paychecks to one paycheck. They are actually a full paycheck in the hole every month.
"what's up?"...and "How we doin' ?" are questions. Don't you need to know the answers before continuing? Greetings : Hello...Welcome...Thank you for tuning in.... Today's subject is....
Jeez,folks let the guy enjoy some non work time will ya. If need be he will work part time. if not he wont..retirement is about flexibility. The sun will still rise in the east .....lol!
When you fall into a routine of doing whatever you want to do, you'll get used to it pretty quickly. And then you'll have time to decide what else you want to do
@Missy-xr4fs Thank You
I was working doing Uber on my own schedule at 66. I got a liver transplant in March and I’m feeling great. Lost a ton of weight but need to avoid crowds as I take medication to lower my autoimmune system to prevent rejection of my liver. No more Ubering. I didn’t need the money and wear and tear on my SUV so I am very content just staying home. I made it an art form planning ventures out of the house by combining trips. Just came back from Maine, a one week vacation with 2 of my sisters. Traveled from CT. In October I’m going to my timeshare in Myrtle Beach for a week. Life is good at my current age of 67.
@shelton126 Glad to hear you’re doing well after your surgery and seem to be loving life. I love Myrtle Beach. I used to go all the time for long weekends in the off season.
Peter, you’ve got me by a couple years (53 soon). I believe I’ve said once before. My date is fast approaching as well (Feb). My teleworking (3) days for the past 4yrs, has prepped me for the transition. A healthy pension (33 yrs) + investments have me ready for it. Wife still working as well. The challenge/goal is just to live to receive it. Especially to 67 for full SS. Health being the main concern if any towards that goal. Like yourself, I’ve been all-in with my retirement content consumption. As I feel the mental aspect will be the biggest part of it. I have plenty of hobbies to keep me inspired. Yet still, the jitters try to creep in a bit. Being a man of faith, I’m not scared. As we truly have no control anyways. Keep up the great content. Peace.. NET (John) 👍🏾✌🏾
👍🏻👍🏻👍🏻 That 33 years of pension sounds pretty nice John
I enjoy your encouragement towards my retirement goal. Thank you for sharing your thoughts
Thank you for the support, it’s greatly appreciated
It's been a while since I last saw you. Glad to see you again. Don't be afraid. Am doing it like you told me about 2 months ago. Retire, you'll be ok. God bless you!
@glowinthelight Thank you so much for the words of encouragement. I appreciate it more than you know.
Working part time is a great idea. You keep active and with your frugal lifestyle you won't have to draw down your savings that much
Yes 👍🏻 Exactly 👍🏻 I’m definitely going to take a few months to relax and enjoy and take things day by day. But part time work is an option
Your exercise regime is perfect!!! I Love riding my bike! When I retire I look forward to riding everyday : )
@paul_domici nice and simple exercise routine is great for the mind and body. Love it
Thats a Massachusetts accent. My cousins sounds just like him. They live in a town called Lawrence Massachusetts. And my dad was born in Lowell mass. In the 1930s. Thanks for all your informative videos.
Yes. I grew up in the same area of Massachusetts. I moved to NC in 2002. Glad you’re enjoying the videos 👍🏻
The last 8 years at my job I had Sundays and Mondays off. It was fantastic. Sunday spent with family and Monday spent taking care of errands, doctor appointments, lawn work. Then my last year I used my vacation days too, worked 25-30 hours but paid for almost full time.
@fvw88 That’s beautiful 👍🏻👍🏻👍🏻
Yep, I did something similar and it worked out great! It was a quality of life issue, as it should be.
Retirement is great at first, but make sure you have hobbies or a part time job because it will get boring real quick. We need a purpose to keep us going.
@booboolips6053 great advice 👍🏻
The only people who say that are the ones that can’t afford to retire. Plenty of things to do unless you retire broke.
I love this guy's accent.
@huskerjpg 😂😂😂 Thank you
Love your channel! You know what they say, "You can always make more money, but you cannot make more time." I'll be 61 next July, and I too are looking at working just 2-3 days a week.
@Brad1237202 So glad you’re enjoying my videos. 2-3 days a week sounds like a nice life 👍🏻👍🏻👍🏻
Your pretty calm and collective heading into retirement, my overhead is low and at 57 I still fret about leaving even though I can collect 45k net pension a year and no debt and a hefty 401k and a brokerage account. Growing up in heavy poverty is probably the reason, the fear of poverty always plays into my decision.
@georgecon1466 good lord. If I had a pension like that I’d be dancing in the streets naked 👍🏻😂👍🏻😂
I'm 60. Not going to relax until I'm 67. Been doing side hustles since I was 13. I'm 60 and still doing side hustles. My time off at work, I do my side hustles. But my side hustles isn't work to me, I enjoy them and it makes money for me. Been in construction like until I was 44, started when I was 18. So making tons of money, while I was young. From there I took easier jobs for my body. So I can stay healthy and save my body from harm. Older I get, the earlier my jobs will be. Right now I'm just a caregiver, working 75 hours bi-weekly. My side hustles are building and fixing computers, building websites and on weekends I always set up my flea market booth. Because I really enjoy buying and selling and greeting people. I guess that's why I'm a caregiver. I enjoy my current job as well, meeting all kinds of new people. I think this keeps me happy and feeling young. I been debt free since I was 36 and I own my home out right. So life been good to me. Will do my side hustles until death. Since I love doing them.
@gimcrack555 Such a beautiful and inspiring story giving a wonderful perspective. Thank you
Hi Peter. I stumbled on your videos about a month ago and it mazes me how much our mind set is the same. I will be 62 in Oct and plan on retiring at the end of January of 2025. So not much longer. Like you I been working all my life and so ready to be done with it. Same job for 41 years. Im single and debt free also. Like you I'm getting nervous the closer I get to Janurary. I'm not rich by any means but I think I can do this with the money I have saved and my 401k I have. Just wished I planned for this sooner in life. Always just a get by type of guy but now very frugal with my money. Once I got divorced and the child payments got done I was able to really start saving and get out of debt. My two kids are grown and doing really well so no worries with them. Take care and I will keep watching your videos. PS. Lets hope the stock market hold out for us. Really nervous about that. I'm thinking about rolling my 401K in to a IRA so I have more control with it. I been practicing with a fake account and been out preforming my 401k by a lot.
Yup. I think we all wish we started saving 10% or more from the age of 20. That would had been nice but we work with what we got. I hope you can make it work and retire in January. Keep us updated
Sounds like a great plan. Try some where like Lowe’s or Home Depot just to get out the house in a department that’s not to strenuous.
Yes. Lots of options. I do want to take at least a few months and enjoy not working and see how I feel. Nothing has to be set in stone and I can change things at any time.
Yep just remember flexibility is on your side now.
My husband worked till he was 69 years old. The company paid him pretty good. And we loved that company took us to visit beautiful places. [ the company rewarded the customers who bought a lot company products by taking customers to visit beautiful places like Jamaica. Mexico. Duminal Republic. My husband was original manager. He went to take care customer in those beautiful places, well i got to go with him too]..anyways we are living like American middle class,no brand name, no luxury items. We live out of his retirement money. I work 3-4 days a week, at outdoor furniture company( with inflation and low season the company doesn't have much work.) With this income, we are fine. [ we don't have kids]
@SaoLaoatusa No kids on my end either making frugal living pretty simple. Sounds like you two are living the dream. I love it.
I’m 54, I retired last month. It’s very strange not having a paycheck coming in, though I have been working with a financial advisor, it’s still unnerving to know which accounts to pull money from to cover living expenses. I think it will take me about 6 months to adjust to this new way of life.
@LisaG-vu2gl Good to know others are feeling the same as I. I would agree thinking it will take a good six months to become mentally stable with it. Thank you for the comment.
I retired at 56 and am living off my 401(k). I don’t consider it to be living paycheck to paycheck because I have some cash and other investments. Most people who live paycheck to paycheck have no backup savings if something was to happen. As frugal as you seem to be, I bet you will have no problems.
Thank you for the support 👍🏻👍🏻
Yet to retire but I am on target to do so next year as well. We are conditioned to save all our working life then we retire and we spend I think that’s hard to get your head around. Hope your house sells sounds like you have planned well for your retirement.
@user-gc5ee8gh8h next year for both of us. Whoo-hoo
My husband retired in 2000 from the federal government a little bored so he went to work for the state transportation system for eight years ended up with two different pensions he qualified for a 20% disability through VA with small pension there and then completed his Social Security quarters so I think we’re set Along with my Social Security make sure your house is paid off. we both do a little bit of volunteer work.
@ninacook9162 Yes. I paid off my house last year and debt free 👍🏻 Sounds like you and your husband are doing well
A few suggestions: Convert your 401k to IRA; buy covered call ETFs that return 10-12%; roll dividends into a cash account paying 5%; set stop loss orders to protect against disaster; get monthly draws from the cash account to live off the dividends. Time is more valuable than $, don’t feel pressed to work unless it is necessary.
@RobertMcclean-ed4eb I’ll need to keep the 401k money there till I’m 59 1/2 or I’ll be paying the 10% early withdrawal fee. Time is definitely worth more than money 👍🏻
4 day weekends sounds heavenly, enjoy yourself!
It’s amazing 🤩
I'm 65 and easing into retirement with slowly reducing work hours. Some can do it all at once but it wouldn't for me financially or just with having all that extra time
@judiashley5818 easing into retirement seems like a very smart thing to do
You could also buy an annuity to give you a paycheck with the possible 200k profit from your home sale, which could possibly give you $1300 per month for 20 yrs, with the right annuity, I know a lot of people don't favor annuities, but it would help you to not feel so nervous about your financial status each month, knowing that there would be a steady check coming in..
I have looked into annuities a little bit. I need to look at them a little bit more.
I am 45 and putting together a plan to retire at 55. I checked with my employer to see if they allow employees to use the rule 55 and they don't. HR said they would look into it, so I have my fingers crossed 🤞. I may need a plan B. Enjoying your videos
Look at the 401k PDF online and see if it’s laid out in there. It usually won’t say The Rule of 55 but there’s wording in there. Lots of times HR has never even heard of it. Haha
@@retireearlywithme Will do thanks
It is a completely different feeling going from accumulating wealth to spending it down. Having that cash sitting there knowing you have a couple of years as a safety net helps.
I am doing the Rule of 55 withdrawal once a quarter and then pay myself once a month from savings.
I have thought about seasonal PT work maybe next year mostly for the social interaction. We are volunteering a couple of days a week and that has been great. Looking to do more of that this fall.
I’ve watched just about all your videos and they give me encouragement. You have great insight as someone who has recently retired. Thank you for the comment and advice as always.
@@retireearlywithme thanks! You will like next week. I have my first RUclips payment and share how much is on the way…
@@davidnprogress ohhhhh heck yeah 👍🏻 I’m looking forward to that one
Soooo, 55 here. Not wanting to go back to my factory job of 33 years. On medical leave for the last 4 months for diabetic foot issue. Need a part-time job for health benefits. I have high 6 figure 401k and going by grandparents and parents' deaths, I may have a life expectancy of very early 70s. Will draw ss at 62. I admire your lifestyle and honesty and would like to know if my thought sounded feasible...appreciate all opinions. Im married and house paid off in 2 years.
@mikemiller3428 Debt free is a must in my opinion and it’ll all come down to your monthly expenses. Do what you can and mail it happen 👍🏻👍🏻
The thing to consider is taxes. 401k money is what you want to use first before you start SS. Max lower tax rates with Roth conversions. Do all of this before taking SS. See a good tax pro to set-up a good tax/retirement withdraw plan.😊
@jonscrivner9087 100% 👍🏻👍🏻👍🏻
I plan to retire at 55 as well, despite the company pension deducting 5% for each year before the full retirement age of 62. I'm really ready to move on from the 9-to-5 grind and only have 6 more years to go. Fortunately, my stock portfolio dividends and a small pension will support me until I'm 62, when I expect Social Security will provide an additional $2,800 per month. I’m looking forward to escaping this rat race....
Stay strong and keep that plan alive 👍🏻👍🏻
I've been retired one year. Just picked up a part time job, working 3 hours twice a month. Now that's really part time!
@stevemlejnek7073 Wow Yes. That really is part time. Love it 👍🏻
Working pt is not retirement.
New Subscriber.
Welcome aboard! Thank you very much
I'm retiring same as you December 31 and Like you I'm scared to death I be getting 3 checks a month pension , SS , and my 401. But even knowing that worry's me lol😂
Sounds like you’ll be doing great with the three checks. That’s awesome 😎 But I agree it’s still nerve-racking.
I just turned 62. Single male, no kids and ZERO debt, with just over $1 million in retirement savings. I plan on working one more year and retire next August 2025, at age 63. My employer's health insurance continues in retirement for life (employer pays 80%, I pay 20%). I hope to be closer to about $1.5 million by next August. Also, I plan to work part time in retirement to supplement my retirement income.
That retirement medical is quite a nice benefit. 👍🏻
Sounds like you’re doing great and will continue doing great 👍🏻 @crimsonpearl4686
I figure i'll need roughly $2400 a month (and that is on the "high" side) to live. Figuring out til i'm 90, I can spend $3200 a month. That is not counting social security. Having a plan is important, living paycheck to paycheck as you call it... well, there is always side hustles and part time jobs or whatever. You my friend seem to be find though and have a plan. I hope to cut my "needs" someday down the road but then there is always inflation etc. too. Lots to consider for sure!
Lots, lots and more to consider. It’s a scary thing but if we prepare and prepare again that’s all we can do. Also, hope for the best 😂👍🏻
You got this!
Thank you
Im living 6 pack to 6 pack while working.
😂👍🏻😂👍🏻😂👍🏻
Ok to worry. if you decide to stay with the job will benefit you in the long run the taking shorter work weeks and family leave are good options. For me would wait until they fire me then execute this plan. Anyway we all support you.
Definitely going to retire and see how it goes. If I want a part time job I’ll find one. Ready to go
Part-time work could be what I do in Sports and Entertainment. Panthers and Hornets hiring right now.
Pete your positive attitude will carry you into retirement seamlessly.. you live below your means, you are prepared with some cash and 401k, and you are aren’t afraid to work 10-16 hours a week if needed. You’ll be just fine sir. Taking 3-4 months off is the best thing you can do. This will be a time of recharging your batteries and of self-discovery. You may find like you mentioned that you want to work a few hours at something you like to do. And you can focus more on your channel growth for both fun and income too. Bottom line is.. anyone with your outlook and energy will always be just fine!
Cheering you on my friend. Go Get it!!!!
I’ve lived paycheck to paycheck my whole life. I don’t and wouldn’t know any difference. I’m used to it and I don’t think anything about it. I’ve been retired for a year and a half and I’m living off my 401 and a pathetic pension. I never stress about it at all. I know I’m probably in the minority though. Live simple and low key.
@robertlewis3116 I love the advice. I live very simple and going to continue that into retirement. Hope you’re enjoying retirement
I’m 60.5 and I’ll probably take ss at 62. Everyone has their opinions on when to take it and that’s fine.
You have a beautiful house 😊
@joetime4798 Thank you so much for the kind words
What will you do for health care if you retire early?
@@DebK-y7k I’ll be using the affordable healthcare act. Also known as Obamacare. If you’re income is very low health insurance via the affordable healthcare act is pretty cheap.
I retired early on a low income and my income is variable. I am forcing myself to live on less so that I do not have to live paycheck to paycheck
@FIRE_DrNinjaTurtle 👍🏻👍🏻👍🏻
You might need a better agent who can get the sale....seems odd it hasn't sold yet. How long is your contract with your agent?
@user-hw9vf4p19s there’s a couple others I’m my subdivision and nearby that have been on the market a month or so longer than mine and still no sales. Might just be a slow time. Contract thru the end of October
@@retireearlywithme I am praying your place sales soon I want you to be able to kick off your retirement carefree : )
@@TraceyBergum that would be so nice. Thank you for the prayers
Your just living, it's not pay check to pay check. You only spend on what you need.
👍🏻👍🏻👍🏻
How much after taxes retirement income do you need to survive? (40k, 50, 70 etc)
@derek4101 $18k to $22k after tax money a year.
Im five monthe retired. Im transitioning well. Uou definitely need to have things to do in between smoking weed and sipping bourbon
@americanazheck 😂👍🏻😂👍🏻
I have no bills I get 5,470 per month and Im doing great
@Lucyblacklab 👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻
Voice?
@bradleyvanzile1111 Not sure what you’re asking…?
I do have a question. Retire at 55 and do WHAT EXACTLY?? You may have up to 40 years in retirement!
@crimsonpearl4686 Relax. Enjoy not working. Nap. Exercise. Play guitar. Whatever comes to mind each day
There’s nothing wrong with living paycheck to paycheck. I know people that are living two paychecks to one paycheck. They are actually a full paycheck in the hole every month.
Yikes 😳
"what's up?"...and "How we doin' ?"
are questions. Don't you need to know the answers before continuing?
Greetings : Hello...Welcome...Thank you
for tuning in.... Today's subject is....
🤷🏼🤷🏼🤷🏼
At some point you just have to say " I did what I could", sounds like you have.
Yes. I totally agree 👍🏻
Out of curiosity could you work for your current employer part time you'll live that long 😊 Nervous excitement
In my area my company does not offer part time work and if they did I believe it’s a minimum of 24 hours a week. I wish they did.
Jeez,folks let the guy enjoy some non work time will ya. If need be he will work part time. if not he wont..retirement is about flexibility. The sun will still rise in the east .....lol!
Just work until you can’t
Nope 👎🏻
@@retireearlywithme Lol
😂 😂❤️
Diversify your investments.
I will
Uh, maybe use some of your cash now and get some advice from a financial advisor?? Just a suggestion.
@terry_willis that’s the plan as I get a little closer 👍🏻
One day bitcoin will fix your weird feeling
Okay
I feel the same terrified, but im going to do it. 😬🫣
Also downsizing and moving to another part of the country. Get state pension in October.
@keepingitreal618 Yes. You and I will be okay, it’ll just take some time to get used to