Retired 6 months ago at 61. Feel better than I have in 20 years. No more headaches, stress, body aches. Blood pressure down, eating better and actually sleeping 8 to 0 hours a night. Before it was 4 or 5 max with waking up several times a night. I havent eaten out fast food in 6 months. I get up and fix breakfast every morning and enjoy it. No more waking up at 5 am to go to work at 5.30. Retiring. Best decision I ever made. I now have hope I might live longer .
I retired at 45 and I said f u to healthcare insurance. I needed gal bladder surgery and had it done overseas for less than the flight. I address root causes and stay away from prescriptions.
I retired six months ago. I had enough. My health is so much better. lost 40lbs, blood pressure is down and have time to go to the gym and take care of myself.
I will be forever thankful to you, you changed my life and I will continue to speak on your behalf for the world to hear that you saved me from huge financial debt with just a little trade, thank you Jihan Wu you're such a life saver
As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
Increasing tax rates are the reason I rolled over my 401k to a Roth. I don’t want to be 59 paying taxes on current income on withdrawals made from my retirement account. I'm now seeking best possible areas or strategy to keep my retirement contributions on track to my $5m goal.
Pre-tax contributions may help reduce income taxes in your pre-retirement years while after-tax contributions may help reduce your income tax burden during retirement.
That's right, My advisr helped me rebalance my $2m portfolio without triggering capital gains taxes by using tax-advantaged accounts and reallocating dividends and new contributions. They also recommended tax-loss harvesting and strategies to stay within my tax bracket. Thanks to her guidance, I maintained my desired asset allocation while minimizing taxes.
Your investment adviser must be really good, I hope it's okay to inquire if you're still collaborating with the same investment adviser and how I can get in touch with them?
I've shuffled through a few advisors in the past, but settled with MELISSA ELISE ROBINSON her service is exemplary and she's a genius. I'd suggest you research her further, sure you'll find her basic info.
I really appreciate your response! I just searched her full name and came across her website-her qualifications are outstanding! She seems highly qualified.
I did retire when I was fired. I simply calculated if I have enough resources to stop working and I did. In 5 months sick leave and 2 years unemployed I realised how good it is to have time for myself. My health improved dramatically I reduced in weight, my fitness improved. I had time to concentrate on things I enjoyed. This Channel is great, keep doing this, people should enjoy their lives
Your story sounds very similar to mine except I wasn't fired but the company had become unbearable to work for anymore, I was basically driven out by bad company decisions. It was a scary decision, I was only 53 (5 years ago) but it worked out and I have no regrets. The only thing I miss is the paycheck but I'm getting a long just fine without it.
Azul I thank you for all you do. I’m not going to keep working until I die. I’ve seen too many do this. I have 6 years, 2 months, and 4 days left. Yes, I put a date and time for my last days of corporate life. I’ll be 15 days away from turning 60. Thank you!
I'm 43, and I can't wait to retire. In fact, I recently paid off my mortgage with a lump sum of savings. The next step is to build up my passive income from ETFs. If I'm lucky, maybe I can retire by 50. It's not about doing anything in particular with the "youth of my senior years." No, it's about not wanting to continue contributing into a system that hates me.
I just turned 44 and awfully late to investing with barely any portfolio except my 401k, I have a decent amount of cash saved up and with inflation currently soaring AGAIN, I'm getting worried about retirement, my intention is to retire at 55. How best do I maximize my savings of over $220k
Retirement is now more difficult than it was in the past. it's all about balancing your risk tolerance with your long-term goals. Maybe consider speaking to an advisor to help in diversifying your portfolio to spread out the risk
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date
Thanks for sharing your experience! I've been managing my portfolio myself, but it's not working out. Do you have any recommendations for a good investment advisor? I could really use some help
My CFA, Joseph Nick Cahill, is a renowned figure in his field. I recommend researching his name online; you'll find all his credentials and everything you need to work with a reliable professional. With many years of experience, he is a valuable resource for anyone looking to navigate the financial market.
Thank you so much for the suggestion! I really needed it. I looked him up on Google and explored his website; he has an impressive background in investments. I've sent him an email, and I hope to hear back from him soon
This is my fifth year after retirement. I’e been following the 4% rule thing I saw on a youTube channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I retired two years ago at 62 years old. At the same time I sold everything and moved to Thailand. Since being here I’ve lost 20 pounds. I’m off my BP meds and am much healthier and happy . I sleep 8 hours a night , workout two hours a day . And because I’ve moved to a foreign country there is much to learn and discover. Big bonus Is the weather . I don’t feel like I loss 3 months a year to cold weather.
Nobody is asking the right questions. I'm worried about retirement and want to maximize my savings. I've tried various investments that didn't work out as I hoped, and now I'm unsure whether to invest in the stock market or index. Any recommendations would be appreciated.
The stock market is likely the best smart investment. However, if you are thinking of investing in the stock market and you are not well versed, its advisable to work with a financial advisor who is an expert to guide you through the process. this way you could make more profit with less risk
I agree. I've been working with a financial advisor since 2020, and I return up to 28K every month, and I don't even have to lift a finger. Although I also think the reason I make this much is because I started with significant capital.
My CFA, Laurel Ann Watkins, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
I just looked up her website on google and I would say she really has an impressive background in investing. I have sent her an email hope she gets back to me soon. Thanks
I retired at 62 from civil service and the talk among co-workers was that the lifespan among the retired co-workers was 5 years after retirement which did not factor in the age of their retirement. That's the reason I retired as soon as I was eligible to do so and am happily retired.
Excellent message! I was forced to retire because once I hit age 65, no one wanted to hire me (older white male!) You are so right about “finding a new purpose.” I am working on it. Definitely getting good sleep most nights, exercising, etc.
So if you retired, why were you looking for a job if you already had one. Lots of people over 65 being hired. Just look at any fast food place or walmart.
@ hi John, I was doing payroll making good money and the company I worked for went bankrupt. Found a few temp things. I needed to be 66 1/2 to get on Social Security. After I see how much I owe on taxes (Social Security nothing withheld), I will see about a part time job.
True and thanks for sharing. Just sharing Mrs Sharon Broer, died at age 65,and never got to collect her social security says her husband Ted Broer CEO of Healthmasters based in Florida. Americans work hard and long, and die early in life...from the Ozarks
I worked for civil service in a toxic work environment. Sitting on the back porch I realized I could quit and fund the 18 months until I was eligible for my minimum retirement age. I went in on Monday and quit. Best thing I ever did, I was 55 and a half. I just received my first retirement payment this Dec 2nd (at 56yrs 9mths). Do it if you can, don't stay in a place you hate.
I can attest that less stress is healthy, I retired a little over 7 months ago at 55. Have lost 20 pounds so far (about 20 more to go for ideal), and feel really good. I didn't have a highly stressful job, but it's amazing how stressful doing something you don't really want to do every day can be. Just got back from a 3.5 miles hike on trails near my house, and have the time to cook at home 95% of the time...never go out to eat just because we're too tired to cook anymore.
In 1988 the Boeing SPEA union published a life span statistic for members that had retired at age 65. The average lifespan beyond retirement for an engineer retiring at age 65 was 18 months. When I saw that I decided to retire as soon as financially possible.
This is true. I voluntarily retired “early” just after 62. I “ran the numbers” and it looked like it would work. Nobody was pushing me out, no layoff or firing threats. I enjoyed what I was doing and the people I worked with, but I just knew I wanted to do something different. I did. I was busy (as I wanted to be), fulfilling, but without the stress of “employment”. I’m now 79. One of the best decisions I made. Rest of the story. I retired in late 2007, which was followed by the “Great Recession” of 2008. Scary times. I minimized expenses, “kept calm,” didn’t “panic sell” and held on. Things “eventually” recovered. Never looked back. I watch my expenses, exercise regularly, eat healthy, sleep well and am well socialized. You really don’t need “a lot” of money, but you do need “enough.”
That's the real problem. I wanted to retire at 62, but the financial planner I consulted with brought up health care and that it could deplete my retirement funds drastically. That's the stress I don't need. I'll wait.
@@jimc4839that’s how the government keeps rats on the wheel churning out more tax revenue. The government knows medical insurance is needed and does not want to fix our ridiculously high cost medical system. The medical lobbyist lobby to keep the system the way it is and government complies and gets a win by keeping the worker in the system creating tax revenue. Retire at 65 or 67 and if your lucky and can still move around unimpeded by handicaps or ailments, you have a handful of not so golden years to do or see things you wanted to do before you end up in a nursing home which drains you completely spiritually and financially.
The relationship between retirement age and mortality / health is complicated. Many factors play a role here. There are other researches showing the opposite. Out of more than a dozen of papers I just reviewed on this topic, there are two studies I would like to add on here. One study finds high income earners live longer if early retirement while low income earners live longer if late retirement. Another study shows people having smoking or alcohol issues live longer if late retirement. I feel whether early retirement makes you live longer or shorter is up to you - whether you feel happy about your job and enjoy working life and coworker relationship, whether you feel stress from your job, whether you have enough money to live in a healthy and relaxing way, whether you have good self-control from unhealthy habits/addictions…
I'm 70 and still working. I work from home 2 days a week. I like my job and I like the people I work with. The job isn't stressful. I have a 50 mile commute, but I enjoy driving and it gives me a chance to listen to podcasts that interest me. I had medical issues in my 30's and was on disability for several years, so I did get to experience an early retirement and loved that time, but I missed the perks of corporate life and the higher pay. I feel like I'm being encouraged to retire by videos like these. I feel like 2 or 3 more years and I'll be ready. I'm in good health.
Good health, tommorrow is not gursnteed, that's what they all say, a stroke can take you out, ur not invisible 70 year old, maybe 7 good years after that its downhill closer yo the grave average life expectancy 77..!!! Go figure lol !!
@AzulWells, I like it that you refenced data in specific studies. For this reason, this is one of best videos. There are millions of jobs, some people enjoy their work and others not, etc. so it likely is not very helpful to look for a relationship between working and longevity in general. Also, you cannot do a randomized study, that is to randomly choose people to retire early or not. Even if you could, by giving participants financial incentive to do one or the other, the study will not be blind. That is, they will know whether they have retired or not. In spite of these limitations, it would be interesting to compare quality of life between those who work or retired later and those who retired earlier.
My father retired at age 55 and went on to live until he was 92 years old. He was active until age 90 when he was finally diagnosed with cancer, kidney disease, and heart failure. I think he may have lived longer if the NHS had treated him as they might a younger man in the same physical condition.
Definitely! My last year on the job, I literally saw my life flash before my eyes. During an industrial accident, I was half a second away from death. Reliving that incident over and over again made my early retirement decision feel natural and wise. That was 12 years ago. No regrets. In some ways wish I could've done it even sooner, but my plan required that I first paid all my debts.
I'm done working at 60 when I can collect my Reserve military pension and tax advantaged retirement accounts. If I work any longer after that, it'll be just to get myself out of the house on occasion.
I retired aged 56 when work opportunities dried up after the financial crash. I am not wealthy but have enough. I am currently enjoying a cruise in the Carribean ... I am aged 70 now and hope to beat my dad's age when he passed at 92. My pensions and savings should last last to age 100 thanks to my financial advisor.
Maybe people who make more money are able to retire early, and people who make more money also live longer. The study needs to be adjusted for income so you're only comparing apples to apples.
My dad retired at age 62. He’s 90 years old now. He said that retiring early made life wonderful. Many of his friends who put off retiring till age 70 and over died within a year.
A nice way to retire. I feel that retirees who struggle to cover their basic necessities are those who did not save enough money during their active years. Many aspects of life are influenced by retirement decisions. My wife and I both worked the same amount of years in the public service; she invested through a wealth manager, while I invested with the $401,000. We are both still earning after our retirement money has grown significantly more than it would have with only $401,000.
I don't really know which firm to work with; I feel they are all the same but it seems you've got it all worked out with the firm you work with so i surely wouldn't mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like Caroline Suzan Olson, who can assist you in shaping your portfolio, would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than a million dollars by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $100k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy.
I agree with you. As an early investor in NVDA, AVGO, ANSS, and PLTR, my financial advisor's advice was incredibly helpful. Over the past 7 years, she has helped me find stocks that did 10x multiple times. With her help, I've grown my portfolio to over a million dollars.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Eleanor Bonnici Deskin’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
For what it’s worth, Dutch social security currently starts paying out at 67 years and 3 months. There is no leeway to start social security payments earlier or delay them.
If you create a life you enjoy, you will never have to fully retire or just go part time. If you enjoy your job there is not a reason to retire. I was fortunate to change careers 5 years ago and was lucky. Previous career YES I would have been doing the mad dash to retire and had bad coping habits to boot. Now, I have a balance of work, the gym, good diet and good discipline. Many I know retired, good money wise but no purpose or hobbies or exercise plans to keep fit. This is another area in society dictating a “one size fits all” retirement. If you can’t sit in a room by yourself for one hour, no phone, TV, Computer etc… just you and your thoughts, your not going to be able to survive retirement even with money. Money is the easy part of retirement if you have a good financial education and awareness. The hard part is retiring with your own thoughts…. Betting very few will understand this. Either way best of health and a wonderful holiday season to all!
the developed world's leading economic think tank, the organisation for economic cooperation and development (oecd) calculated that the average state pension payout as a percentage of average wages for all oecd countries is 63%. top of the league are the dutch with 100.6%. austria, italy and portugal are all over 90%. Both usa 49% and uk 29% are below average with the uk being bottom of the table. i suppose retiring early would be far easier to contemplate and a lot less stressful knowing you will have a decent state pension to look forward to in the years ahead, if you happen to live in a civilised country like the dutch do.
I've always believed the stories of people dying shortly after retiring was a myth. Sure, there are examples, I had a friend that died in a little over a year but that was due to bone cancer. My guess is people that die shortly after retiring, retired with nothing to do, no other interests, no other responsibilities, their job was their life, boring people that had nothing more to live for.
In the movie Shawshank Redemption people were considered "institutionalized" when they could no longer function outside of the prison. Don't stay so long that you can not function away from the "Company". Don't give your life to the man. MAKE A CHANGE!
I retired at 65, right on schedule. I saved enough money to last me forever, and I worked for the last couple years just to have the company provided health insurance. The work was boring, and the commute was hard, one hour each way in heavy traffic. That was ten years ago and it was the best thing I did for my life and happiness!
I am retiring next December and really looking forward to it. Lots of cycling, hiking, Off Road Moto,travelling more with my wife and family…just a whole lot of activities to look forward to. Have been working on my fitness for s9me time so rolling into retirement feeling strong and fit.
I work at the same company as my son. Working helps me stay connected to family in a way. We work 12 hours and sometimes that's rough. I want to work but someday I think I'll be too tired to keep it up. I build fiber optic cables.
No, No, No! If your work fulfills you, keep doing it. If not, please find your way out of it! Don't linger in the middle until you have given the man your health and soul.
Hi Azul, there could be confounding of other variables, not mentioned in this research. Wealth, socioecomic status, education, access to services and resources correlate strongly with health and longevity. These are called determinants of health. People who retire/quit earlier have determinants of health and longevity which silently leverage their outcomes. Just like those who watch your chanel are probably wealthier, healthier, more intrinsically motivated and will live longer than those who don't... I think there is likely some truth to early retirement decreasing stress and exposure to sedentary lifestyle...
I'm 61 and retired, my husband and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
I hear you, and it's certainly a tough period for many. It must be incredibly challenging to see your hard-earned savings slowly dwindle with the rising cost of living. It's difficult to not feel disheartened and discouraged. I definitely agree that the current events and economic situation can feel like a crooked system, especially after you've worked so hard for so long. The most important thing now is that you're not alone in this. Many are going through the same thing and there's strength in unity and mutual support. It might be worth considering speaking to a financial adviser to help navigate this tricky time if not already doing so. They can provide tailored advice for your situation.
@@ChailleMoznett This is very thoughtful of you. Thanks a bunch! I have had not so good experiences working with financial advisors. Could you recommend while I do my personal researches.
My CFA, Sophie Kathryn Jones, is a renowned figure in her field. I recommend researching her name online; you'll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
She takes the time to understand her clients' long-term objectives, whether it's saving for retirement, funding a child's education, growing wealth for future generations, or diversifying 401k and IRA. She works closely with her clients to help them diversify their portfolios, reducing the risk of significant losses in any one asset class.
this is def true for some jobs for ex my paternal great grandmother was a master seamstress/specialty drapery maker retired at 64 in 1973 and lived 30 more years she passed on Valentines day 2003 aged 94 roughly 2.5 weeks before my 18th birthday though she did have dementia/Alz. for about 12 yrs prior and two of her children predeceased her and her youngest my paternal grandfather passed in October 2023 aged 92 though his last live in girlfriend/wife had cut him off from the family right before the Covid 19 pandemic
I think we all knew this deep down. Working harder for longer, with all the stress and unfortunate compromises it entails, shortens your life. It's just one example of how the people are gaslit into being obedient production units until they drop.
I retired at 58 from teaching only because my numbers are exceptional. Do I miss it? Heck yeah! Would I go back? Not sure. There are days where I love being retired and days that I see retirement as a curse.
I am retiring soon too... I started investing about 2 years ago with Daniel J Florence. You can look her up on your browser to see if that works for you also.
Only at 3:50... but if you retire 55.. odds of living until 60 is a lot better then retiring at 65 and living until 70... so why not focus on the percentage that make it to age 70.. still watching he may touch on it
If you can afford to retire early, all other things being equal, you're living a higher-income life and probably have for quite some time. Probably eating better food, feeling more secure and less stressed in general, including about going to the doctor and dentist, and more comfortable about your family's future with or without you. And about the security of your retirement itself. That will all combine to make you live longer whether you retire or not. You can predict longevity by zip code, and that's no different regarding this subject.
Both my parents retired early. 1 at 51. The other at 58. Still alive, in poor health and flat broke. No money for any funreal when they die. My sister and I will have to pay their final expenses. Its been 25 years since they retired. Meanwhile I will probably work till Im dead. Make sure you have money for 30 years if you plan early retirement.
*I'm favoured only God knows how much I praise Him,* $230k every 4weeks! | now have a big mansion and can now afford anything and also support God's work and the church.
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
I started pretty low, though, $5000 thereabouts. The return came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Thank you Evelyn Vera, you're a miracle.
Wow...I know her too she is a licensed broker and a FINRA agent she is popular in US and Canada she is really amazing woman with good skills and experience.
I'm retiring in 20 months. My fear is having to go to an elderly care facility. I've seen too many people just wasting away due to health issues. I hope I drop before I get to that point.
GOOD NIGHT. Just sharing Robin Greenfield, author, never married nor had children is walking 🚶 from Canada to Los Angeles as I write. His latest book, FOOD FREEDOM m 2024 is a must read..... varooommm, sleep well everyone
If you don’t like your job and you spend a third of your day working - does it really matter if you have two months longer because really that time would be at work anyway that you don’t want to do
Work is stressful, but also more stress when you are off work, but still working. I find that every day is less stressful. I’m no longer in a hurry. If someone cuts in line, or cuts me off in traffic, BIG DEAL! It doesn’t even matter.
I think retirement is great… go to the gym… have been able to help family member do things.. Got rid of all material things. Living in my own mind. No regrets
Despite losing my job unexpectedly at the age of 39, with $425,000 saved for retirement, $10,000 in an HSA, and a house worth another $200,000, I'm looking for methods to supplement my income. What are some of the most promising alternatives?
I'm wondering if I should merge all of my investing accounts into one. How should I proceed and are there any repercussions I should be aware of if I decide to do this? In addition, I plan to sell my property, which could result in an additional 200K over time. Is it better to diversify over a few different industries or combine everything into one investing account?
These are crucial questions for a financial planner. I met mine at a NYSE summit, and with her help, my wife and I reallocated our $1.7M portfolio between a traditional IRA and a brokerage account. She’s been making investments with our approval and has helped us recover twice our losses. We’re holding steady and carefully navigating more markets
I would hate to have lived a life where I traded time for money. Retire and watch the stock market everyday to determine if you’re eating steak or Ramen noodles…fortunately I have a job that I never want to “ retire” from..
Hi, I’m retiring in two years and I’m curious how others split their income into savings, spending, and investments. I make around $150,000 a year but haven’t saved much. Can you share some advice?
That’s right. I’m a wife, mother of four, and new grandmother. After 28 years in Corporate America, I recently retired at 57. Since the pandemic in early 2020, I’ve been investing and grew my $250,000 savings to nearly $1 million, thanks to my investment adviser.
Retired 6 months ago at 61. Feel better than I have in 20 years. No more headaches, stress, body aches. Blood pressure down, eating better and actually sleeping 8 to 0 hours a night. Before it was 4 or 5 max with waking up several times a night. I havent eaten out fast food in 6 months. I get up and fix breakfast every morning and enjoy it. No more waking up at 5 am to go to work at 5.30. Retiring. Best decision I ever made. I now have hope I might live longer .
How do you pay for health-care?
I am still working at 64 and this sounds like my life now.
This is insane. Work after a certain age literally kills us. What a con job
I retired at 45 and I said f u to healthcare insurance. I needed gal bladder surgery and had it done overseas for less than the flight. I address root causes and stay away from prescriptions.
I retired six months ago. I had enough. My health is so much better. lost 40lbs, blood pressure is down and have time to go to the gym and take care of myself.
Hit 240k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in October 2024…
I would really love to know how much work you did put in to get to this stage
I will be forever thankful to you, you changed my life and I will continue to speak on your behalf for the world to hear that you saved me from huge financial debt with just a little trade, thank you Jihan Wu you're such a life saver
As a beginner in this, it’s essential for you to have a mentor to keep you accountable.
Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
His guidance allowed me to restructure my retirement plan, resulting in an estimated $700,000 more by the time I retire.
Increasing tax rates are the reason I rolled over my 401k to a Roth. I don’t want to be 59 paying taxes on current income on withdrawals made from my retirement account. I'm now seeking best possible areas or strategy to keep my retirement contributions on track to my $5m goal.
Pre-tax contributions may help reduce income taxes in your pre-retirement years while after-tax contributions may help reduce your income tax burden during retirement.
That's right, My advisr helped me rebalance my $2m portfolio without triggering capital gains taxes by using tax-advantaged accounts and reallocating dividends and new contributions. They also recommended tax-loss harvesting and strategies to stay within my tax bracket. Thanks to her guidance, I maintained my desired asset allocation while minimizing taxes.
Your investment adviser must be really good, I hope it's okay to inquire if you're still collaborating with the same investment adviser and how I can get in touch with them?
I've shuffled through a few advisors in the past, but settled with MELISSA ELISE ROBINSON her service is exemplary and she's a genius. I'd suggest you research her further, sure you'll find her basic info.
I really appreciate your response! I just searched her full name and came across her website-her qualifications are outstanding! She seems highly qualified.
I did retire when I was fired. I simply calculated if I have enough resources to stop working and I did. In 5 months sick leave and 2 years unemployed I realised how good it is to have time for myself. My health improved dramatically I reduced in weight, my fitness improved. I had time to concentrate on things I enjoyed. This Channel is great, keep doing this, people should enjoy their lives
How old were you? Sometimes I think if I get fired, I won't get another job either.
Yes since I left work at 52 my life has never been better and healthier. I work out/exercise a lot and I am stronger and fitter than ever.
Me too & never looked back! 🏝️
Your story sounds very similar to mine except I wasn't fired but the company had become unbearable to work for anymore, I was basically driven out by bad company decisions. It was a scary decision, I was only 53 (5 years ago) but it worked out and I have no regrets. The only thing I miss is the paycheck but I'm getting a long just fine without it.
Me too! Laid off at 57, did the math and decided work was too frigging stressful. Best decision ever. And thanks to Azul
No stress = longer life 😊
My granddad died at the foot of his machine at work. No one should have to do that.
And he was replaced the very next day. In a week they did not even know he worked there.
retiring next month aged 60, i could go on but there is no need...can't wait.....
Congrats 🎉
Good luck. I retired at 61 and best decision I ever made. Feel 20 year younger.
January 24th 2025. Retiring at 59 and 10 months. Looking toward the future.
Congratulation!
Azul I thank you for all you do. I’m not going to keep working until I die. I’ve seen too many do this. I have 6 years, 2 months, and 4 days left. Yes, I put a date and time for my last days of corporate life. I’ll be 15 days away from turning 60. Thank you!
Why wait?
I'm 43, and I can't wait to retire. In fact, I recently paid off my mortgage with a lump sum of savings. The next step is to build up my passive income from ETFs. If I'm lucky, maybe I can retire by 50. It's not about doing anything in particular with the "youth of my senior years." No, it's about not wanting to continue contributing into a system that hates me.
I'm doing good with JEPQ
I just turned 44 and awfully late to investing with barely any portfolio except my 401k, I have a decent amount of cash saved up and with inflation currently soaring AGAIN, I'm getting worried about retirement, my intention is to retire at 55. How best do I maximize my savings of over $220k
Retirement is now more difficult than it was in the past. it's all about balancing your risk tolerance with your long-term goals. Maybe consider speaking to an advisor to help in diversifying your portfolio to spread out the risk
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date
Thanks for sharing your experience! I've been managing my portfolio myself, but it's not working out. Do you have any recommendations for a good investment advisor? I could really use some help
My CFA, Joseph Nick Cahill, is a renowned figure in his field. I recommend researching his name online; you'll find all his credentials and everything you need to work with a reliable professional. With many years of experience, he is a valuable resource for anyone looking to navigate the financial market.
Thank you so much for the suggestion! I really needed it. I looked him up on Google and explored his website; he has an impressive background in investments. I've sent him an email, and I hope to hear back from him soon
This is my fifth year after retirement. I’e been following the 4% rule thing I saw on a youTube channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
I got a good chuckle out of the scammer who posted that he invested in the 401,000. He doesn’t seem very familiar with America.
I retired two years ago at 62 years old. At the same time I sold everything and moved to Thailand.
Since being here I’ve lost 20 pounds. I’m off my BP meds and am much healthier and happy .
I sleep 8 hours a night , workout two hours a day . And because I’ve moved to a foreign country there is much to learn and discover.
Big bonus Is the weather . I don’t feel like I loss 3 months a year to cold weather.
I’m also loving life in Thailand. 😀
I also loved living in Oman and Turkiye and Singapore. Lots of great places outside the usa. 😀
@ I had considered Mexico for a long time being that it’s close to the US. But crime is an issue
Nobody is asking the right questions. I'm worried about retirement and want to maximize my savings. I've tried various investments that didn't work out as I hoped, and now I'm unsure whether to invest in the stock market or index. Any recommendations would be appreciated.
The stock market is likely the best smart investment. However, if you are thinking of investing in the stock market and you are not well versed, its advisable to work with a financial advisor who is an expert to guide you through the process. this way you could make more profit with less risk
I agree. I've been working with a financial advisor since 2020, and I return up to 28K every month, and I don't even have to lift a finger. Although I also think the reason I make this much is because I started with significant capital.
Could you kindly elaborate on the advisor's background and qualifications?
My CFA, Laurel Ann Watkins, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
I just looked up her website on google and I would say she really has an impressive background in investing. I have sent her an email hope she gets back to me soon. Thanks
I retired at 62 from civil service and the talk among co-workers was that the lifespan among the retired co-workers was 5 years after retirement which did not factor in the age of their retirement. That's the reason I retired as soon as I was eligible to do so and am happily retired.
Choosing to retire vs feeling like you have to keep working sounds like the difference. It's that personal sense of stress.
I retired at 53. I should live until 100
How did you pay for healthcare?
Excellent message! I was forced to retire because once I hit age 65, no one wanted to hire me (older white male!) You are so right about “finding a new purpose.” I am working on it. Definitely getting good sleep most nights, exercising, etc.
Excellent
So if you retired, why were you looking for a job if you already had one. Lots of people over 65 being hired. Just look at any fast food place or walmart.
@ hi John, I was doing payroll making good money and the company I worked for went bankrupt. Found a few temp things. I needed to be 66 1/2 to get on Social Security. After I see how much I owe on taxes (Social Security nothing withheld), I will see about a part time job.
@@johnd4348 When it happens to you, it rocks your life. He was pushed into a wonderful future.
True and thanks for sharing. Just sharing Mrs Sharon Broer, died at age 65,and never got to collect her social security says her husband Ted Broer CEO of Healthmasters based in Florida. Americans work hard and long, and die early in life...from the Ozarks
Sad but true.
Thank you for another great video, and providing strong backing to retire early and live longer
Exactly 💯. Ted Broer CEO of Healthmasters based in Florida said health is your wealth and without it you have nothing.
I worked for civil service in a toxic work environment. Sitting on the back porch I realized I could quit and fund the 18 months until I was eligible for my minimum retirement age. I went in on Monday and quit. Best thing I ever did, I was 55 and a half. I just received my first retirement payment this Dec 2nd (at 56yrs 9mths). Do it if you can, don't stay in a place you hate.
I can attest that less stress is healthy, I retired a little over 7 months ago at 55. Have lost 20 pounds so far (about 20 more to go for ideal), and feel really good. I didn't have a highly stressful job, but it's amazing how stressful doing something you don't really want to do every day can be. Just got back from a 3.5 miles hike on trails near my house, and have the time to cook at home 95% of the time...never go out to eat just because we're too tired to cook anymore.
In 1988 the Boeing SPEA union published a life span statistic for members that had retired at age 65. The average lifespan beyond retirement for an engineer retiring at age 65 was 18 months. When I saw that I decided to retire as soon as financially possible.
This is true. I voluntarily retired “early” just after 62. I “ran the numbers” and it looked like it would work. Nobody was pushing me out, no layoff or firing threats. I enjoyed what I was doing and the people I worked with, but I just knew I wanted to do something different. I did. I was busy (as I wanted to be), fulfilling, but without the stress of “employment”. I’m now 79. One of the best decisions I made.
Rest of the story. I retired in late 2007, which was followed by the “Great Recession” of 2008. Scary times. I minimized expenses, “kept calm,” didn’t “panic sell” and held on. Things “eventually” recovered. Never looked back. I watch my expenses, exercise regularly, eat healthy, sleep well and am well socialized. You really don’t need “a lot” of money, but you do need “enough.”
I'd retire tomorrow if I could get decent health insurance that won't bankrupt me
Same
That's the real problem. I wanted to retire at 62, but the financial planner I consulted with brought up health care and that it could deplete my retirement funds drastically. That's the stress I don't need. I'll wait.
$700 a month will bankrupt you? I’d look into it further. If you can’t afford that then you couldn’t retire even if you didn’t need it.
There you go. No job, no health insurance. Even COBRA is so preposterously expensive few people can pay it.
@@jimc4839that’s how the government keeps rats on the wheel churning out more tax revenue. The government knows medical insurance is needed and does not want to fix our ridiculously high cost medical system. The medical lobbyist lobby to keep the system the way it is and government complies and gets a win by keeping the worker in the system creating tax revenue. Retire at 65 or 67 and if your lucky and can still move around unimpeded by handicaps or ailments, you have a handful of not so golden years to do or see things you wanted to do before you end up in a nursing home which drains you completely spiritually and financially.
The relationship between retirement age and mortality / health is complicated. Many factors play a role here. There are other researches showing the opposite. Out of more than a dozen of papers I just reviewed on this topic, there are two studies I would like to add on here. One study finds high income earners live longer if early retirement while low income earners live longer if late retirement. Another study shows people having smoking or alcohol issues live longer if late retirement. I feel whether early retirement makes you live longer or shorter is up to you - whether you feel happy about your job and enjoy working life and coworker relationship, whether you feel stress from your job, whether you have enough money to live in a healthy and relaxing way, whether you have good self-control from unhealthy habits/addictions…
I'm 70 and still working. I work from home 2 days a week. I like my job and I like the people I work with. The job isn't stressful. I have a 50 mile commute, but I enjoy driving and it gives me a chance to listen to podcasts that interest me. I had medical issues in my 30's and was on disability for several years, so I did get to experience an early retirement and loved that time, but I missed the perks of corporate life and the higher pay. I feel like I'm being encouraged to retire by videos like these. I feel like 2 or 3 more years and I'll be ready. I'm in good health.
Same brother. I like to work…and the money. 😎
Good health, tommorrow is not gursnteed, that's what they all say, a stroke can take you out, ur not invisible 70 year old, maybe 7 good years after that its downhill closer yo the grave average life expectancy 77..!!! Go figure lol !!
180 Days until retirement!
I remember creating a counter on my work computer that brought up the number of days left on my home screen, starting at four years.
This is a great read, Your Money or Your Life by Joe Dominguez and Vicki Robin. I still have my hardcopy. .... Stay healthy and safe everyone
perfect
I retired at 60 last June. Sleeping 8-10 hours/night, down 30 pounds and happier than ever. No Sunday night blues, no stress, no headaches etc.
@AzulWells, I like it that you refenced data in specific studies. For this reason, this is one of best videos. There are millions of jobs, some people enjoy their work and others not, etc. so it likely is not very helpful to look for a relationship between working and longevity in general. Also, you cannot do a randomized study, that is to randomly choose people to retire early or not. Even if you could, by giving participants financial incentive to do one or the other, the study will not be blind. That is, they will know whether they have retired or not.
In spite of these limitations, it would be interesting to compare quality of life between those who work or retired later and those who retired earlier.
My father retired at age 55 and went on to live until he was 92 years old. He was active until age 90 when he was finally diagnosed with cancer, kidney disease, and heart failure. I think he may have lived longer if the NHS had treated him as they might a younger man in the same physical condition.
Definitely! My last year on the job, I literally saw my life flash before my eyes. During an industrial accident, I was half a second away from death. Reliving that incident over and over again made my early retirement decision feel natural and wise. That was 12 years ago. No regrets. In some ways wish I could've done it even sooner, but my plan required that I first paid all my debts.
Retired 6 months ago at 55... no more neck pain from sitting in front of a computer all day long. Best decision I've ever made.
I'm sure I'll have no reason to drink heavily daily after I quit my Info Tech job.
So sad. You are already dead. Revolutionize your attitude and thrive.
I'm done working at 60 when I can collect my Reserve military pension and tax advantaged retirement accounts. If I work any longer after that, it'll be just to get myself out of the house on occasion.
I retired aged 56 when work opportunities dried up after the financial crash. I am not wealthy but have enough. I am currently enjoying a cruise in the Carribean ... I am aged 70 now and hope to beat my dad's age when he passed at 92. My pensions and savings should last last to age 100 thanks to my financial advisor.
I say the more you work a job you actually enjoy will make a bigger difference. Some people never retire because they enjoy working.
Maybe people who make more money are able to retire early, and people who make more money also live longer. The study needs to be adjusted for income so you're only comparing apples to apples.
Azul cited multiple studies.
, there are so many more factors than just much you have accumulated you cannot just use that in a study
My dad retired at age 62. He’s 90 years old now. He said that retiring early made life wonderful. Many of his friends who put off retiring till age 70 and over died within a year.
Of course you won't hear this. They want you contributing to the system longer, living less time so you're tapping less resources once you get out.
A nice way to retire. I feel that retirees who struggle to cover their basic necessities are those who did not save enough money during their active years. Many aspects of life are influenced by retirement decisions. My wife and I both worked the same amount of years in the public service; she invested through a wealth manager, while I invested with the $401,000. We are both still earning after our retirement money has grown significantly more than it would have with only $401,000.
I don't really know which firm to work with; I feel they are all the same but it seems you've got it all worked out with the firm you work with so i surely wouldn't mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like Caroline Suzan Olson, who can assist you in shaping your portfolio, would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than a million dollars by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
Retired at 42, and my body likes it. High blood pressure down to normal, and frequent headaches reduced to once or twice a year
It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $100k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy.
I agree with you. As an early investor in NVDA, AVGO, ANSS, and PLTR, my financial advisor's advice was incredibly helpful. Over the past 7 years, she has helped me find stocks that did 10x multiple times. With her help, I've grown my portfolio to over a million dollars.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Eleanor Bonnici Deskin’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
For what it’s worth, Dutch social security currently starts paying out at 67 years and 3 months. There is no leeway to start social security payments earlier or delay them.
If you create a life you enjoy, you will never have to fully retire or just go part time. If you enjoy your job there is not a reason to retire. I was fortunate to change careers 5 years ago and was lucky. Previous career YES I would have been doing the mad dash to retire and had bad coping habits to boot. Now, I have a balance of work, the gym, good diet and good discipline. Many I know retired, good money wise but no purpose or hobbies or exercise plans to keep fit. This is another area in society dictating a “one size fits all” retirement. If you can’t sit in a room by yourself for one hour, no phone, TV, Computer etc… just you and your thoughts, your not going to be able to survive retirement even with money. Money is the easy part of retirement if you have a good financial education and awareness. The hard part is retiring with your own thoughts…. Betting very few will understand this. Either way best of health and a wonderful holiday season to all!
Comes down to positive mindset determines
the developed world's leading economic think tank, the organisation for economic cooperation and development (oecd) calculated that the average state pension payout as a percentage of average wages for all oecd countries is 63%. top of the league are the dutch with 100.6%. austria, italy and portugal are all over 90%. Both usa 49% and uk 29% are below average with the uk being bottom of the table.
i suppose retiring early would be far easier to contemplate and a lot less stressful knowing you will have a decent state pension to look forward to in the years ahead, if you happen to live in a civilised country like the dutch do.
Fitness and good health extend your life not work.
I think it depends on whether you stay active or not. You have to stay fit in mind and body.
Thank you.
I've always believed the stories of people dying shortly after retiring was a myth. Sure, there are examples, I had a friend that died in a little over a year but that was due to bone cancer. My guess is people that die shortly after retiring, retired with nothing to do, no other interests, no other responsibilities, their job was their life, boring people that had nothing more to live for.
In the movie Shawshank Redemption people were considered "institutionalized" when they could no longer function outside of the prison. Don't stay so long that you can not function away from the "Company". Don't give your life to the man. MAKE A CHANGE!
I retired at 65, right on schedule. I saved enough money to last me forever, and I worked for the last couple years just to have the company provided health insurance. The work was boring, and the commute was hard, one hour each way in heavy traffic. That was ten years ago and it was the best thing I did for my life and happiness!
Remote work helped, but no work is better.
I retired at 55, the amount of stress in my life reduced immensely. I am happier now than I when doing the greater 60+ hour weeks for 34 years.
I am retiring next December and really looking forward to it. Lots of cycling, hiking, Off Road Moto,travelling more with my wife and family…just a whole lot of activities to look forward to. Have been working on my fitness for s9me time so rolling into retirement feeling strong and fit.
I don't think I will set a date to retire. I believe one day, I'll just say, I'm done.
Yes. You probably will.
I work at the same company as my son. Working helps me stay connected to family in a way. We work 12 hours and sometimes that's rough. I want to work but someday I think I'll be too tired to keep it up. I build fiber optic cables.
Best to set a date and make plans.
No, No, No! If your work fulfills you, keep doing it. If not, please find your way out of it! Don't linger in the middle until you have given the man your health and soul.
Or your employer will.
I'm retiring as soon as possible. I never bought into the whole work until you end brainwashing. 🤓
Hi Azul, there could be confounding of other variables, not mentioned in this research. Wealth, socioecomic status, education, access to services and resources correlate strongly with health and longevity. These are called determinants of health. People who retire/quit earlier have determinants of health and longevity which silently leverage their outcomes. Just like those who watch your chanel are probably wealthier, healthier, more intrinsically motivated and will live longer than those who don't...
I think there is likely some truth to early retirement decreasing stress and exposure to sedentary lifestyle...
I'm 61 and retired, my husband and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
I hear you, and it's certainly a tough period for many. It must be incredibly challenging to see your hard-earned savings slowly dwindle with the rising cost of living. It's difficult to not feel disheartened and discouraged. I definitely agree that the current events and economic situation can feel like a crooked system, especially after you've worked so hard for so long.
The most important thing now is that you're not alone in this. Many are going through the same thing and there's strength in unity and mutual support. It might be worth considering speaking to a financial adviser to help navigate this tricky time if not already doing so. They can provide tailored advice for your situation.
@@ChailleMoznett This is very thoughtful of you. Thanks a bunch!
I have had not so good experiences working with financial advisors. Could you recommend while I do my personal researches.
My CFA, Sophie Kathryn Jones, is a renowned figure in her field. I recommend researching her name online; you'll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
She takes the time to understand her clients' long-term objectives, whether it's saving for retirement, funding a child's education, growing wealth for future generations, or diversifying 401k and IRA. She works closely with her clients to help them diversify their portfolios, reducing the risk of significant losses in any one asset class.
@@ChailleMoznett I'll indeed take time to look her up to understand more about her approach and strategies. Thanks for the recommendation!
this is def true for some jobs for ex my paternal great grandmother was a master seamstress/specialty drapery maker retired at 64 in 1973 and lived 30 more years she passed on Valentines day 2003 aged 94 roughly 2.5 weeks before my 18th birthday though she did have dementia/Alz. for about 12 yrs prior and two of her children predeceased her and her youngest my paternal grandfather passed in October 2023 aged 92 though his last live in girlfriend/wife had cut him off from the family right before the Covid 19 pandemic
I think we all knew this deep down. Working harder for longer, with all the stress and unfortunate compromises it entails, shortens your life. It's just one example of how the people are gaslit into being obedient production units until they drop.
Long, late dinners with customers is killing....
I retired at 58 from teaching only because my numbers are exceptional. Do I miss it? Heck yeah! Would I go back? Not sure. There are days where I love being retired and days that I see retirement as a curse.
Give it some time. I retired at 56. I'll volunteer, I'll give. I Have it to offer, nothing feels as good as giving. Do it ALLOT!
I retired at 39 and always figured that it would prove out that early retirement is a major benefit for a longer life. Glad to hear I was correct !
I'm approaching 58 and I'm actively considering retirement.
I am retiring soon too... I started investing about 2 years ago with Daniel J Florence. You can look her up on your browser to see if that works for you also.
Started working 80% at 60 (Mon-Thu week) and 60% at 62 (Tue-Thu week with 4 days weekends) yet will retire at 65. Just as good 😘
I retired 4 months ago, now studying and joined an art group. Already seeing many positive benefits from reduced stress :)
Sharing post immediately so others will know
Will retire at 55!😊❤🎉Looking forward... Less than 8 years to go🎉🎉
Only at 3:50... but if you retire 55.. odds of living until 60 is a lot better then retiring at 65 and living until 70... so why not focus on the percentage that make it to age 70.. still watching he may touch on it
My new purpose in retirement is to do as little as possible 👍👍.
If you can afford to retire early, all other things being equal, you're living a higher-income life and probably have for quite some time. Probably eating better food, feeling more secure and less stressed in general, including about going to the doctor and dentist, and more comfortable about your family's future with or without you. And about the security of your retirement itself. That will all combine to make you live longer whether you retire or not. You can predict longevity by zip code, and that's no different regarding this subject.
Both my parents retired early. 1 at 51. The other at 58. Still alive, in poor health and flat broke. No money for any funreal when they die. My sister and I will have to pay their final expenses. Its been 25 years since they retired. Meanwhile I will probably work till Im dead. Make sure you have money for 30 years if you plan early retirement.
*I'm favoured only God knows how much I praise Him,* $230k every 4weeks! | now have a big mansion and can now afford anything and also support God's work and the church.
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
Wow that's huge, how do you make that much monthly?.. I have been looking for ways to be successful, please how??
It's Ms. Evelyn Vera doing, she's changed my life.
I started pretty low, though, $5000 thereabouts. The return came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Thank you Evelyn Vera, you're a miracle.
Wow...I know her too she is a licensed broker and a FINRA agent she is popular in
US and Canada she is really amazing woman with good skills and experience.
I'm retiring in 20 months. My fear is having to go to an elderly care facility. I've seen too many people just wasting away due to health issues. I hope I drop before I get to that point.
How can you retire if you don't have health insurance?? Medicare doesn't kick in until 65. I'd love to retire now, but I can't afford to.
GOOD NIGHT. Just sharing Robin Greenfield, author, never married nor had children is walking 🚶 from Canada to Los Angeles as I write. His latest book, FOOD FREEDOM m 2024 is a must read..... varooommm, sleep well everyone
If you don’t like your job and you spend a third of your day working - does it really matter if you have two months longer because really that time would be at work anyway that you don’t want to do
21 years in and I feel younger than the day I retired.
Work is stressful, but also more stress when you are off work, but still working. I find that every day is less stressful. I’m no longer in a hurry. If someone cuts in line, or cuts me off in traffic, BIG DEAL! It doesn’t even matter.
Being financial advisor for 20 years doesnt pay my bills so if i work one more year to retire at 59 1/2 that is up to me.
Many people that reyire suddenly develop medical conditions due to no longer working. This is all subjective on how much you love or hate your job.
I am 59 and being forced into retirement due to the 41 yrs in the workforce and other injuries. Not prepared financially, but i hhave no choice.
I think retirement is great… go to the gym… have been able to help family member do things..
Got rid of all material things. Living in my own mind. No regrets
Early retiring is affordable for wealthy people having more money for healthy food, medicine and hobbies. Cause and effect …
Retirement age is 67 now isn't it?
Same with not getting married, or divorce too late.
I have tell you I really love your channel and get a lot of value from it,.. from the bottom of my heart, thank you ❤️🙏
Despite losing my job unexpectedly at the age of 39, with $425,000 saved for retirement, $10,000 in an HSA, and a house worth another $200,000, I'm looking for methods to supplement my income. What are some of the most promising alternatives?
it's reasonable to consider hiring a financial counselor at this stage, but delaying retiring for a while may be a more wiser choice
I'm wondering if I should merge all of my investing accounts into one. How should I proceed and are there any repercussions I should be aware of if I decide to do this? In addition, I plan to sell my property, which could result in an additional 200K over time. Is it better to diversify over a few different industries or combine everything into one investing account?
These are crucial questions for a financial planner. I met mine at a NYSE summit, and with her help, my wife and I reallocated our $1.7M portfolio between a traditional IRA and a brokerage account. She’s been making investments with our approval and has helped us recover twice our losses. We’re holding steady and carefully navigating more markets
Sounds good, my portfolio is not doing well. Who is your professional?
June Renae Matthysse. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
What if you don’t want to retire like average or upper income individuals? Depleting and liquidating assets in a normal retirement is pathetic
People would probably be willing to work longer if they didn't have to work full time.
I would hate to have lived a life where I traded time for money. Retire and watch the stock market everyday to determine if you’re eating steak or Ramen noodles…fortunately I have a job that I never want to “ retire” from..
So, we should all retire at 40. There are a few careers with retirement after 20 years.
Only the Good Lord, knows the exact hour, minute, day of your death. Not your retirement date.
Waiting to see what DOGE does with social security
Hi, I’m retiring in two years and I’m curious how others split their income into savings, spending, and investments. I make around $150,000 a year but haven’t saved much. Can you share some advice?
Consider investment planning; learning from an experienced adviser is very valuable.
That’s right. I’m a wife, mother of four, and new grandmother. After 28 years in Corporate America, I recently retired at 57. Since the pandemic in early 2020, I’ve been investing and grew my $250,000 savings to nearly $1 million, thanks to my investment adviser.
I’ve been considering getting one, but haven't been proactive about it. Can you recommend your adviser? I could really use some assistance.
Melissa Elise Robinson is the licensed adviser I use. Just research the name. You’ll find necessary details to work with to set up an appointment.
Thanks for the tip. I quickly found her website after searching her name. I checked her credentials and did my homework before getting in touch.
can't wait to begin my early retirement to sit on couch eating chips and drinking beer !😂
LOL 🤣
I'm so sad for you. Your life was dedicated to making the man rich.