I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.
This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
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 $875k 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.
Interesting Roger. I think this is something I should do, but I've been stalling for a long time now. 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. When I was starting out, I checked out a couple of freelance investors online, so you could do the same. I personally work with “Colleen Janie Towe”, and she's is widely recognized for her proficiency and expertise in the financial market. With a comprehensive knowledge of portfolio diversification, she is acknowledged as an authority in this field. Most likely, her deets can be found on the net, so you can confirm yourself.
Many folks struggling to cover basic expenses often face this challenge because they didn't save enough during their working years. The choices made in preparing for retirement have significant impacts, as seen in my own family. Different investment strategies led to different outcomes. With guidance from a financial advisor, I'm now enjoying my retirement.
Yes, I'm in my mid-50s, and a few years back, I moved my investments to my wife's wealth manager. While I haven't caught up to her long-term gains, my current earnings and the growth of my retirement fund, compared to just relying on the 401(k), are pretty satisfying.
It's a shame that many don't have this information, leading to anxiety. For me, I've made over $35k effortlessly with an advisor, consistently getting returns despite economic changes - the best part is, it doesn't demand much effort.
*@heathermellon7826* Can you direct me on reaching your advisor? I'm looking for a more profitable investment strategy to counter inflation and make the most of my funds.
Research and choose someone with a plan for consistent portfolio growth; "Camille Alicia Garcia" has done well with my investments, and I believe she has the qualifications and expertise to help you meet your goals.
I've proactively looked into Camille Alicia Garcia online, checked her credentials, and I am impressed with her expertise. I've contacted her to discuss my detailed financial market goals.
I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year... Investment should always be on any creative man's heart for success in life.
trading with an expert is the best strategy and also profitable, Newbies who are not aware of how crypto truly works and wish to make profits from it, I would advise to invest with a professional like Fergus waylen, It helps secure and minimize the possibilities of losses.
I'm honestly surprised that this name is being mentioned here, I stumbled upon one of his clients testimony last two months in CNBC world news and decided to try him out...I'm Expecting my third cashout in 2days
I retired at 62 because I could planning is everything , I'm enjoying every minute , and it's everything I thought it would be . Less stress and more time to do what I have always wanted to do
My grandfather worked two jobs and at times, three to support a family of five children. He took no holidays away during his working life - there wasn’t enough money for that. At 69 he finally retired and my grandmother booked a cruise for them to celebrate the end of a long working life and the start of his retirement. Three weeks into his retirement and a week before they were due to board the cruise liner he said that he was feeling odd while having Sunday lunch. My grandmother sensed that it was serious and called a doctor and a priest who blessed my grandfather and ministered last rights. My grandfather passed away at home the same afternoon. There was never to be a cruise or any rest and retirement before he entered the grave. Three weeks was the sum total of his retirement after working for 50 years. I’m 57 now and will be retiring at 60. I’m very conscious now of the passage of time and how little of quality time remains. I’ve worked away from my family as an expatriate for more than two decades and would like to spend more time with them and with friends. I hope that I haven’t left it too late.
You have a nice friendly down to earth personality and excellent viewpoints. My wife is 65 and I’ll be 65 in August. We want to retire now but here in the USA health care costs are an obstacle. We’ve saved a decent amount but even 5 months of paying 100% of our health insurance will cost over $10,000. That could buy us a couple months as snowbirds. I got hit with the surprise of my life last year, Bladder Cancer. It was caught early. I had an amazing robotic surgery and things are going really well with no cancer in lymph nodes and a clear CAT scan. We have a new 30 foot camping trailer. The plan is to retire at end of August when we both have Medicare. We’re hitching up the camper in September and going to spend a month in San Diego visiting my son and exploring south Texas and Gulf Coast. Then February and March of 2024 a campground in Fort Lauderdale. I have tears in my eyes while typing this. Thanks for the inspiration!
So sorry about your diagnosis and hope your recovery is smooth and complete. For me, Medicare has been better, less surprise charges, etc than any insurance we had while working.
I'm 54 and plan on being retired at 56. Life is short, and "time" cannot be recouped. I've been binging retirement videos from several different channels. It has just reinforced that I will be doing the right thing. (This video included) I have a little less than 2 years to have my plan in place, I know I will be prepared.
There’s no mention of working part time here. Dropping from 5 days to 2-3 days a week makes a massive difference whilst still maintaining working relationships. If you hate work then retire as soon as you can that’s pretty obvious but work can provide plenty of positives if you still enjoy it..
I follow so many different retirement / FIRE channels on RUclips (to help me stay focused and motivated), and no one has been able to articulate more clearly and profoundly the “why’s” to retire when able. It all comes down to time being our most precious commodity… and choosing what to do with it. Thank you. 💙
Simply.....a message very well conveyed. I am at the retirement crossroad right now and have no doubt primary for the reasons you mention it is time (I am 62). Thank you for making me feel even better about it. Best always & keep up the excellent content.
On April 28th of this year. I retired at the age of 59....and so far it has been the best decision I ever made. It took me almost two years to pull the trigger mainly because of fear so I created a checklist of things that I needed to have accomplished before pulling the trigger. That checklist has been completed and now I have retired with no fears. Best decision ever. I still have to remember that I don't have to work and that I can just jump in my car and go anywhere I want for however long I want. The freedom is amazing. Right now I'm just laying in bed surfing youtube. I don't have to rush to get my day started. I can leisurely spend some quiet time to myself before starting my day....I love this stress free life.
I saw strange new world coming so I pulled the trigger last October, retired after 40 years in teamsters and I’m healthy and busy the hardest thing is to remember what day it is invested well no money issues hope I live to a 100
Hi John, fellow Teamster and I did the same a little more than a year ago. Keeping busy is key, I don't have a problem with that, always something to do or places to go.
I retired at 66 and best thing I did. My bosses dangled the carrot to stay. My health was my goal. I needed hip surgery I put off. Now at 68 I love life. Watch one of my grandbabies one day a week. I'm in heaven. I go to the gym and stay healthy.
Absolutely spot on points. We have always taken our vacations and have increased our travel as we grew in our careers. We have traveled a good bit of the world and really want to do more of that, much more. Health is key, once it's gone, you don't get it back. So we are retiring early as well to enjoy our go-go years. We found you can spend 2 months in a country doing long term stays ( month at a time ) for the same price as booking a single 7 to 9 day tour. Time is the only thing you cannot make more of. You can always make more money, more friends, have more bucket list items and experiences, but time is finite. On that note, I have never heard anyone on their death bed say they wished they would have worked more. If they have regrets, it's always what they didn't do that haunts them. So go do NOW !!
@@Lifestartsatretirement I would have to say Ireland. We love it there, especially western Ireland. Hard to say on others because we have loved all the places we have traveled but I think second would be New Zealand. Plan to spend Jan-Feb there in retirement some years. Also really dig Iceland. Going to spend some more time roaming around that nation.
I love the comment on time, one thing we can't ever get back. Life is short and time is little. Make the time and thank God for every day He gives you. Bc one day there will be nothing but memories of those little ones that are now adults. You can always make money but you can never make time.
Did that 9 yrs ago.Had that moment of clarity one day and it saved my life.I’m an RN ,32 years at the bedside which included two years of 457 B deferred retirement .Two doctors ticked me off ,and that was the final straw ,put in my papers retired.
I am 69 and still work but only for 2 days a week. It is in a school so I am off for the 13 week holidays plus 3 days every other week. I am very fortunate to really enjoy the work and find it very easy. The small amount of money I earn is not essential. I work because I enjoy it and gives variety to my life. Remember we are all different and have different needs. In later life just do what you enjoy, but do look after your health.
I am making that dream come in around 18 mos by realigning the retirement funds, two years in cash to weather market downturns. I need to redecorate to make my place my forever home. I have set up a workstyle where I can work seasonally, 5 mos from home. Finally, I want to do a youtube travel channel, ad well. I ran some numbers to see which portfolio allocation survives the longest, the balanced fund. I hunker down and build that model portfolio.
More great content! I love your enthusiasm and agree 100%! I am self employed here in Maine and plan on working just 3 days per week this summer to do more fun things!
You have beautifully presented the very best reasons to retire and most, if not all, are related to “nonrenewable” time. At age 71, I have been semi-semi retired for a few years now but feel like my decision to fully retire is long overdue. I particularly like your concept that the quality of life depends upon the quality of one’s relationships.
Wonderful analysis and 100% agree with you that everything you said. Retirement just doesn't mean pay off mortgage and pay off car and say ok I achieved my goal after working 30 to 40 years. You live only once and life meaning should me more than that........ You don't have to have 1 million dollar in your account to retire as every financial so call guru says on TV or otherwise you can be create woth your money and life style and think how to stretch small money and be happy in your life. Two most of waste of money I see in people life here eating out alot not only unhealthy but it is expensive and unnecessary shopping for clothings and things that you can do just fine without them. There are a lots of marketing and advertisements here for companies to get billions of dollar profit and you stay broke or stuck with credit card payments........
My wife retires this year and I'm going out next year. We'll be 63 and have planned since we were first married, 43 years ago. Looking forward to getting out of the rat race.
Great video .Thanks :) Very passionately put …..If ( sorry ,when)you get your month in Spain you must visit Mijas pueblo.Standing on the side of the mountain looking down on the Mediterranean Sea and Africa in the distance .You will know you have made the right decision….Then up into the hills to walk the El Caminito del Rey .Good luck ,😀🇬🇧👍x
Great channel! Congratulations on your cruiseline gig. That sounds like super fun and a great way to travel and meet people. I agree with you completely that we get caught up on how much money we have when time and quality of life are number 1. Thank you and enjoy your retirement
60 would be great. Originally Id thought 62.. but now that Ive hurt my back Im more inclined to think 60 as the goal.. so a little over couple years from now . Working full time and the horrible commute is getting old fast. I agree, living on less is worth it . I hope to have some grand babies to spend time with too !!
Thank you so much for sharing - I started working part time in preparation for working less and living on a lower income……… I so resonate with all you shared, I’ll go and join the Fb group 🙏🏾
Hi, Yes, I am turning 65 in just a few weeks. I work full time and am getting tired of the grind, I've been working since I was 14, my daughter is 33, I can feel time moving faster and life getting shorter. I've made the decision that I will retire when I turn 65+, one more year and I'm done. I hope my body holds up. Time or money? becoming less of a tough choice.
Oh my gosh, I just happened upon your RUclips channel and I'm so glad I did! I had to watch twice because I felt like I was watching myself! LOL. My parents too, are struggling and are living in a different city. (My father is in a nursing home, and my Mom is by herself). It's not fun. I agree about retiring while you are still healthy!! I, too, have 6 grandkiddos. We, too, want to start living the life we dreamed about, and we will be retiring at the end of this year. We are cruisers! AND, we will be on a Celebrity cruise in April!! Weird, huh? lol. What ship will you be on? I've subscribed and am excited to follow you! :)
Just subscribed :) I like your straight forward videos with useful tips and presented in a very positive way. I'm about to retire early at 52 having saved very hard my whole career, mainly whilst self employed, but I find people struggle with starting retirement as they worry they won't have enough money, and yet objectively I think they have plenty. People can always tighten their belts if the stock market drops to offer some re-assurance they will be ok, but they won't get those years back if they hold off. BTW, I'm from the UK so it would be great if you include UK data in your videos. Thanks and keep up the great work!
Thank you for your info … I feel like talking to you personally , I’ll be 65 this year and plan to retire , my worries is the health insurance , which to choose on Medicare traditional or advantage ? New sub here…
I’m lucky as I’m Canadian and don’t have quite the same worry. I would suggest seeing if there is a senior center or retirement group in your area that you can talk to others in your situation and see what they did.
With changes in the economy leading to instability in the stock market, some individuals may face a decrease in their investments in an effort to benefit from the current market conditions, I am considering liquidating my $725k portfolio consisting of bonds and stocks. Someone else in the same situation? Please tell me in the comments!..
would suggest you thoroughly evaluate the companies you have invested in and their estimated future performance, as we may expect to see the market decline further. To minimize stress and improve efficiency, it might be wise to seek the assistance of an investment advisor to help restructure your portfolio and identify any underperforming investments to offset. This approach has been successful for me and has reduced my stress levels.
@@CampbellDevonne I have been exploring the possibility of utilizing advisors to help navigate the stock market during these uncertain times. However, I am still evaluating their potential effectiveness in providing the support I need.
@@JeremyMeador Christy Vallen D'souza is an esteemed coach known for her proficiency in her area of expertise. You probably might have come across her. I found her on a CNBC interview where she was featured and i reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can carry out a quick internet research on her name for more info. I basically follow her market moves and haven’t regretted doing so...
@@CampbellDevonne I was considering changing my investment strategy and planning to sell certain positions. As my retirement is coming soon,I became increasingly stressed. After thoroughly researching Christy Vallen D'souza on internet, I concluded that I had made an informed decision. Thank you for this Pointer. She seems very proficient and flexible. I booked a call session with her too.
I was eligible to Retire at 60 w full Pension but then Economy, Inflation, Gas Prices ect? I kept working? There are 4 Peep on my shift over 60 w over 30 ut keep working? Most of my younger co-workers are leaving - they don't get pensionsome we do. I of us left in April she has Dementia! Memory is Gone! Another is leaving Sometime this year? No plan? I want to Travel ect in Good Weather! So I just decided on July 4th Independance Day! All the 1 more year is t worth it videos convinced me? My job was good but 25 mi commute each way is really getting to me and is Expensive! I will be able to pick up days and gross about $200 p shift - no befits when I am in town if I want? But Not tied to their schedule and Won't have to drive in bad Michigan Winter weather anymore!
Man idk how this video came up in my feed, this topic makes me feel awful! Sadly my ol man And I didn't plan for Retirement, now mid 40s with no idea what to do. I'm really stressed out about how much longer we will be able to work, My health is getting worse by the day & he's a walking time bomb. We don't have reg w2 jobs so no health insurance or retirement options via employer. I wish more than anything I could go back to 20 and start over 😢
Retire as soon as you can make sure all debts are paid and have. Ss and pension. Just have to pay property taxes And Insurance . Everyday expensive. Plus find a part-time job because eventually you will go crazy doing nothing Lol I retired at 62 and loving every day
My age 71yr old I worked long hours for 50yr years on low pay because I worked for fifty years I get less of a government pension than someone who couldn't be bothered to get off their arse and get a job they get the rest made up on benefits Alec from Scotland
The trouble with every retirement video (or even just general financial management video) that I see is that the content creator speaks as if the content consumer is a unitary, independent actor. I would make a zillion and one different life decisions, including when to retire and “to what” if I weren’t married to someone who behaves as if money doesn’t exist. I’ll tell you what my (forced “our”) retirement plan is: Do nothing, like idiots rowing a boat on the Niagara River with the Falls in sight.
Read random subjects, pick up 2/3 language classes, find a local organization to volunteer at, continue my onkinevteachibg for 6 months, move to a smaller, though not too remote town, more wisdom conversations with nybelders and below genz, play scrabble, ping-pong, do yoga, qu Jong, pick up another indian percussion instrument, continue and step up on my piano oractice ( w cl pianist MM) be actively chatty with my online and offline friends. Seek new no age restriction relationships esp in person. Local, national, some International travel. Photograph nature scenes and monsoon rains. I'm based in Vengaluru s India.
Very enlightening video, There’s this woman I got in touch with during the 2020 lockdown which cost me my job. Ms. Norman Davis helped me manage my assets by introducing my to the best trading platform and strategies, I earned a lot of $$$ working with Norman at the comfort of my home. I still keep in touch with the amazing lady
I have a master in mathematical finance, so it wasn’t so easy to get me convinced to begin an investment without me carrying out proper research on her. I had her broker ID checked and she’s fully verified! So I began with a few bucks, only to get huge returns in a month. I reinvested and now I get long term monthly returns… So glad I don’t rely on pay checks anymore.
This is still a window-shopping market. But there are a lot of intriguing stocks to watch from a variety of sectors. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.kudos to Norman, great remarks!
,Norman gave me a wide option investing strategies, she introduced me to USD margin lending in which I was able to earn interest with no anticipated downside risk. She made my February a remarkable month! Some people truly are God sent
I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.
This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
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 $875k 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.
Interesting Roger. I think this is something I should do, but I've been stalling for a long time now. 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. When I was starting out, I checked out a couple of freelance investors online, so you could do the same. I personally work with “Colleen Janie Towe”, and she's is widely recognized for her proficiency and expertise in the financial market. With a comprehensive knowledge of portfolio diversification, she is acknowledged as an authority in this field. Most likely, her deets can be found on the net, so you can confirm yourself.
Many folks struggling to cover basic expenses often face this challenge because they didn't save enough during their working years. The choices made in preparing for retirement have significant impacts, as seen in my own family. Different investment strategies led to different outcomes. With guidance from a financial advisor, I'm now enjoying my retirement.
Yes, I'm in my mid-50s, and a few years back, I moved my investments to my wife's wealth manager. While I haven't caught up to her long-term gains, my current earnings and the growth of my retirement fund, compared to just relying on the 401(k), are pretty satisfying.
It's a shame that many don't have this information, leading to anxiety. For me, I've made over $35k effortlessly with an advisor, consistently getting returns despite economic changes - the best part is, it doesn't demand much effort.
*@heathermellon7826* Can you direct me on reaching your advisor? I'm looking for a more profitable investment strategy to counter inflation and make the most of my funds.
Research and choose someone with a plan for consistent portfolio growth; "Camille Alicia Garcia" has done well with my investments, and I believe she has the qualifications and expertise to help you meet your goals.
I've proactively looked into Camille Alicia Garcia online, checked her credentials, and I am impressed with her expertise. I've contacted her to discuss my detailed financial market goals.
I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year... Investment should always be on any creative man's heart for success in life.
you're right investing/trading is surely a lucrative way to invest whether you want growth, leverage, stable income or something in between.
trading with an expert is the best strategy and also profitable, Newbies who are not aware of how crypto truly works and wish to make profits from it, I would advise to invest with a professional like Fergus waylen, It helps secure and minimize the possibilities of losses.
I'm honestly surprised that this name is being mentioned here, I stumbled upon one of his clients testimony last two months in CNBC world news and decided to try him out...I'm Expecting my third cashout in 2days
Well, you are saying the fact. I invested $4,000 with fergus Waylen. and earned $12,000 in 7 working days.
he's really a professional. For this past months, I keep earning $11,800 weekly profit having invested $4,200 and working with him
I retired at 62 because I could planning is everything , I'm enjoying every minute , and it's everything I thought it would be . Less stress and more time to do what I have always wanted to do
Good for you!
You’re spot on on all accounts. 1 year, 4 months and I’m DONE. Ready or not. Time is short.
Congratulations!!
Retiring at 56 in December 2023. Enough money is enough. My wife and I want some good healthy years. Totally agree with you.
Good for you. Keep us posted on your progress!!
My grandfather worked two jobs and at times, three to support a family of five children. He took no holidays away during his working life - there wasn’t enough money for that. At 69 he finally retired and my grandmother booked a cruise for them to celebrate the end of a long working life and the start of his retirement. Three weeks into his retirement and a week before they were due to board the cruise liner he said that he was feeling odd while having Sunday lunch. My grandmother sensed that it was serious and called a doctor and a priest who blessed my grandfather and ministered last rights. My grandfather passed away at home the same afternoon. There was never to be a cruise or any rest and retirement before he entered the grave. Three weeks was the sum total of his retirement after working for 50 years. I’m 57 now and will be retiring at 60. I’m very conscious now of the passage of time and how little of quality time remains. I’ve worked away from my family as an expatriate for more than two decades and would like to spend more time with them and with friends. I hope that I haven’t left it too late.
Wow. Sorry to hear about your grandfather. Thank you for sharing and best of luck on your retirement
I am turning 65 in about a month, retiring in a year. Maybe I should think about moving the retirement up.
You have a nice friendly down to earth personality and excellent viewpoints. My wife is 65 and I’ll be 65 in August. We want to retire now but here in the USA health care costs are an obstacle. We’ve saved a decent amount but even 5 months of paying 100% of our health insurance will cost over $10,000. That could buy us a couple months as snowbirds.
I got hit with the surprise of my life last year, Bladder Cancer. It was caught early. I had an amazing robotic surgery and things are going really well with no cancer in lymph nodes and a clear CAT scan.
We have a new 30 foot camping trailer. The plan is to retire at end of August when we both have Medicare. We’re hitching up the camper in September and going to spend a month in San Diego visiting my son and exploring south Texas and Gulf Coast. Then February and March of 2024 a campground in Fort Lauderdale.
I have tears in my eyes while typing this. Thanks for the inspiration!
So sorry about your diagnosis and hope your recovery is smooth and complete. For me, Medicare has been better, less surprise charges, etc than any insurance we had while working.
Wow! Glad you caught it early and will be thinking of you guys. Best of luck in the trailer. A great way to go!!
@@Lifestartsatretirement Thanks!
I'm 54 and plan on being retired at 56. Life is short, and "time" cannot be recouped. I've been binging retirement videos from several different channels. It has just reinforced that I will be doing the right thing. (This video included) I have a little less than 2 years to have my plan in place, I know I will be prepared.
I'm the same age and time frame. 54 and only 2 more years until I'm done!! Cannot wait!!
This is the first retirement channel from a lady moderator - good perspective and well stated….thx!
Thanks. You made my day!!
Agree so much. Time & health at some point becomes the most important thing.
Love this. Good luck!
As a retired male, I miss the social links and purpose of work. Yet, I agree with all of your arguments. It is an existential exercise.
nothing is stopping you from going back to work.
There’s no mention of working part time here. Dropping from 5 days to 2-3 days a week makes a massive difference whilst still maintaining working relationships. If you hate work then retire as soon as you can that’s pretty obvious but work can provide plenty of positives if you still enjoy it..
I’ve mentioned part time in other videos. It’s a great way to go. A bit of income, friends, purpose. All great things!!!
And if you still need to boost your income with SS payment too.
I follow so many different retirement / FIRE channels on RUclips (to help me stay focused and motivated), and no one has been able to articulate more clearly and profoundly the “why’s” to retire when able. It all comes down to time being our most precious commodity… and choosing what to do with it. Thank you. 💙
Enjoyed and agree. Retired two months ago at age 63.
Fabulous. Best of luck!
Simply.....a message very well conveyed. I am at the retirement crossroad right now and have no doubt primary for the reasons you mention it is time (I am 62). Thank you for making me feel even better about it. Best always & keep up the excellent content.
Good luck with your decision. And have fun with your retirement
On April 28th of this year. I retired at the age of 59....and so far it has been the best decision I ever made. It took me almost two years to pull the trigger mainly because of fear so I created a checklist of things that I needed to have accomplished before pulling the trigger. That checklist has been completed and now I have retired with no fears.
Best decision ever. I still have to remember that I don't have to work and that I can just jump in my car and go anywhere I want for however long I want. The freedom is amazing. Right now I'm just laying in bed surfing youtube. I don't have to rush to get my day started. I can leisurely spend some quiet time to myself before starting my day....I love this stress free life.
Fabulous!!
I just retired this year and I am loving it! The freedom to do whatever I want, whenever I want. Thank you for your great, inspiring channel!
You made my day. Good for you for taking the plunge.
I saw strange new world coming so I pulled the trigger last October, retired after 40 years in teamsters and I’m healthy and busy the hardest thing is to remember what day it is invested well no money issues hope I live to a 100
Hi John, fellow Teamster and I did the same a little more than a year ago. Keeping busy is key, I don't have a problem with that, always something to do or places to go.
I retired at 66 and best thing I did. My bosses dangled the carrot to stay. My health was my goal. I needed hip surgery I put off. Now at 68 I love life. Watch one of my grandbabies one day a week. I'm in heaven. I go to the gym and stay healthy.
What an inspiration to us all. Congratulations
So true. We really don't know what the future holds for us.
Retirement - the best career move you'll ever make.
Love this.
Absolutely spot on points. We have always taken our vacations and have increased our travel as we grew in our careers. We have traveled a good bit of the world and really want to do more of that, much more. Health is key, once it's gone, you don't get it back. So we are retiring early as well to enjoy our go-go years. We found you can spend 2 months in a country doing long term stays ( month at a time ) for the same price as booking a single 7 to 9 day tour. Time is the only thing you cannot make more of. You can always make more money, more friends, have more bucket list items and experiences, but time is finite. On that note, I have never heard anyone on their death bed say they wished they would have worked more. If they have regrets, it's always what they didn't do that haunts them. So go do NOW !!
Great advice. I’d love to hear where your favourite place was you went!!!
@@Lifestartsatretirement I would have to say Ireland. We love it there, especially western Ireland. Hard to say on others because we have loved all the places we have traveled but I think second would be New Zealand. Plan to spend Jan-Feb there in retirement some years. Also really dig Iceland. Going to spend some more time roaming around that nation.
@@Bob-yh7ir Wow!! I'm putting those on my bucket list!! THANKS for sharing!
When you go to bed on Sunday and dread Monday morning it's time to retire.
Love this!
If you can afford it.
I love the comment on time, one thing we can't ever get back. Life is short and time is little. Make the time and thank God for every day He gives you. Bc one day there will be nothing but memories of those little ones that are now adults. You can always make money but you can never make time.
Love this!
Did that 9 yrs ago.Had that moment of clarity one day and it saved my life.I’m an RN ,32 years at the bedside which included two years of 457 B deferred retirement .Two doctors ticked me off ,and that was the final straw ,put in my papers retired.
Good for you!
I am 69 and still work but only for 2 days a week. It is in a school so I am off for the 13 week holidays plus 3 days every other week. I am very fortunate to really enjoy the work and find it very easy. The small amount of money I earn is not essential. I work because I enjoy it and gives variety to my life.
Remember we are all different and have different needs. In later life just do what you enjoy, but do look after your health.
Love this outlook!!
I am making that dream come in around 18 mos by realigning the retirement funds, two years in cash to weather market downturns. I need to redecorate to make my place my forever home. I have set up a workstyle where I can work seasonally, 5 mos from home. Finally, I want to do a youtube travel channel, ad well. I ran some numbers to see which portfolio allocation survives the longest, the balanced fund. I hunker down and build that model portfolio.
More great content! I love your enthusiasm and agree 100%!
I am self employed here in Maine and plan on working just 3 days per week this summer to do more fun things!
Good for you Wayne. I’d love to hear how it goes this summer!!!
You have beautifully presented the very best reasons to retire and most, if not all, are related to “nonrenewable” time. At age 71, I have been semi-semi retired for a few years now but feel like my decision to fully retire is long overdue. I particularly like your concept that the quality of life depends upon the quality of one’s relationships.
I sooo look forward to your comments. Thanks so much for following and being a great person.
Wonderful analysis and 100% agree with you that everything you said.
Retirement just doesn't mean pay off mortgage and pay off car and say ok I achieved my goal after working 30 to 40 years. You live only once and life meaning should me more than that........
You don't have to have 1 million dollar in your account to retire as every financial so call guru says on TV or otherwise you can be create woth your money and life style and think how to stretch small money and be happy in your life. Two most of waste of money I see in people life here eating out alot not only unhealthy but it is expensive and unnecessary shopping for clothings and things that you can do just fine without them. There are a lots of marketing and advertisements here for companies to get billions of dollar profit and you stay broke or stuck with credit card payments........
Great insight!
My wife retires this year and I'm going out next year. We'll be 63 and have planned since we were first married, 43 years ago. Looking forward to getting out of the rat race.
Congratulations! Keep us posted! We’d love to hear your journey. B
Great video .Thanks :) Very passionately put …..If ( sorry ,when)you get your month in Spain you must visit Mijas pueblo.Standing on the side of the mountain looking down on the Mediterranean Sea and Africa in the distance .You will know you have made the right decision….Then up into the hills to walk the El Caminito del Rey .Good luck ,😀🇬🇧👍x
I’ve researched the walk. Sounds amazing! I’ll peek at the Mijas Pueblo. Thanks so much!
I LOVE your radiance! Your message is so relatable! Thank you so much for what you do! May all your dreams come true!!!
Thank you so much!! You made my day n
Great video and great channel. Really resonate with the perspective that you share here. Just subscribed!
Thanks. You made my day!
I wanted to visit Iceland, This video makes me want to Move to Iceland!
Great channel! Congratulations on your cruiseline gig. That sounds like super fun and a great way to travel and meet people.
I agree with you completely that we get caught up on how much money we have when time and quality of life are number 1. Thank you and enjoy your retirement
You made my day!
60 would be great. Originally Id thought 62.. but now that Ive hurt my back Im more inclined to think 60 as the goal.. so a little over couple years from now . Working full time and the horrible commute is getting old fast. I agree, living on less is worth it . I hope to have some grand babies to spend time with too !!
Can’t wait to hear more! Best of luck!
Thank you so much for sharing - I started working part time in preparation for working less and living on a lower income……… I so resonate with all you shared, I’ll go and join the Fb group 🙏🏾
You’re amazing. Good luck!!!
For real!
One more year, one more year! 🙏
Hi,
Yes, I am turning 65 in just a few weeks. I work full time and am getting tired of the grind, I've been working since I was 14, my daughter is 33, I can feel time moving faster and life getting shorter. I've made the decision that I will retire when I turn 65+, one more year and I'm done. I hope my body holds up. Time or money? becoming less of a tough choice.
Good for you Kevin. There is no one size fits all but after watching my parents I am leaning towards go sooner with Less! Good luck.
Just what I need to hear! Thank you.
You made my day!
Great vid.
Oh my gosh, I just happened upon your RUclips channel and I'm so glad I did! I had to watch twice because I felt like I was watching myself! LOL. My parents too, are struggling and are living in a different city. (My father is in a nursing home, and my Mom is by herself). It's not fun. I agree about retiring while you are still healthy!! I, too, have 6 grandkiddos. We, too, want to start living the life we dreamed about, and we will be retiring at the end of this year. We are cruisers! AND, we will be on a Celebrity cruise in April!! Weird, huh? lol. What ship will you be on? I've subscribed and am excited to follow you! :)
Wow Sharon! What a bunch of coincidences. I’m on the Equinox. Which ship are you in?
Great video!
Thank you
Just subscribed :) I like your straight forward videos with useful tips and presented in a very positive way. I'm about to retire early at 52 having saved very hard my whole career, mainly whilst self employed, but I find people struggle with starting retirement as they worry they won't have enough money, and yet objectively I think they have plenty. People can always tighten their belts if the stock market drops to offer some re-assurance they will be ok, but they won't get those years back if they hold off. BTW, I'm from the UK so it would be great if you include UK data in your videos. Thanks and keep up the great work!
Good luck. It’s nice to hear your hard work is paying off!
Great video once again!
Thank you for your info … I feel like talking to you personally , I’ll be 65 this year and plan to retire , my worries is the health insurance , which to choose on Medicare traditional or advantage ? New sub here…
I’m lucky as I’m Canadian and don’t have quite the same worry. I would suggest seeing if there is a senior center or retirement group in your area that you can talk to others in your situation and see what they did.
Outstanding video-thank you
You made my day!
With changes in the economy leading to instability in the stock market, some individuals may face a decrease in their investments in an effort to benefit from the current market conditions, I am considering liquidating my $725k portfolio consisting of bonds and stocks. Someone else in the same situation? Please tell me in the comments!..
would suggest you thoroughly evaluate the companies you have invested in and their estimated future performance, as we may expect to see the market decline further. To minimize stress and improve efficiency, it might be wise to seek the assistance of an investment advisor to help restructure your portfolio and identify any underperforming investments to offset. This approach has been successful for me and has reduced my stress levels.
@@CampbellDevonne I have been exploring the possibility of utilizing advisors to help navigate the stock market during these uncertain times. However, I am still evaluating their potential effectiveness in providing the support I need.
@@JeremyMeador Christy Vallen D'souza is an esteemed coach known for her proficiency in her area of expertise. You probably might have come across her. I found her on a CNBC interview where she was featured and i reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can carry out a quick internet research on her name for more info. I basically follow her market moves and haven’t regretted doing so...
@@CampbellDevonne I was considering changing my investment strategy and planning to sell certain positions. As my retirement is coming soon,I became increasingly stressed. After thoroughly researching Christy Vallen D'souza on internet, I concluded that I had made an informed decision. Thank you for this Pointer. She seems very proficient and flexible. I booked a call session with her too.
After working 50 years of my life and paying into retirement, I now get taxed on my retirement. What a lie and a joke our government is.
Thank Ronald Reagan and Bill Clinton.
Depending on the amount you receive,...you may or may not get taxed. The threshold for getting taxed on S.S has not been raised in almost 40 years.
And the worst part is only 49 percent of Americans pay any federal income tax at all.
I was eligible to Retire at 60 w full Pension but then Economy, Inflation, Gas Prices ect? I kept working? There are 4 Peep on my shift over 60 w over 30 ut keep working? Most of my younger co-workers are leaving - they don't get pensionsome we do. I of us left in April she has Dementia! Memory is Gone! Another is leaving Sometime this year? No plan? I want to Travel ect in Good Weather! So I just decided on July 4th Independance Day! All the 1 more year is t worth it videos convinced me? My job was good but 25 mi commute each way is really getting to me and is Expensive! I will be able to pick up days and gross about $200 p shift - no befits when I am in town if I want? But Not tied to their schedule and Won't have to drive in bad Michigan Winter weather anymore!
I want to retire at 41 years old.
THAT late in life?!
Man idk how this video came up in my feed, this topic makes me feel awful!
Sadly my ol man
And I didn't plan for Retirement, now mid 40s with no idea what to do. I'm really stressed out about how much longer we will be able to work, My health is getting worse by the day & he's a walking time bomb. We don't have reg w2 jobs so no health insurance or retirement options via employer. I wish more than anything I could go back to 20 and start over 😢
In two months, I will retire--finally😊
Congratulations!! Very exciting.
Sorry to hear about your folks
Retire as soon as you can make sure all debts are paid and have. Ss and pension. Just have to pay property taxes
And Insurance . Everyday expensive. Plus find a part-time job because eventually you will go crazy doing nothing Lol I retired at 62 and loving every day
Great plan!!
I retired in my 40's. I was no different than any other man, just smarter.
I like this! Good for you
Economy tells me otherwise. Best off to have a steady paycheck
It is scarey out there right now.
Spain is gorgeous
First you trade your time for money, then you trade your money for time. Retire as soon as you can, don’t die at work like the Japanese.
My age 71yr old I worked long hours for 50yr years on low pay because I worked for fifty years I get less of a government pension than someone who couldn't be bothered to get off their arse and get a job they get the rest made up on benefits Alec from Scotland
That is so frustrating. Hope you enjoy yourself.
Can I ask you a ?.... How old are you and your husband? I'm looking at retirement. Will be 63 in September.
Im 60 and Ken is 61. I’m excited for you. Please let us know how you adjust to retirement.
Spend a month is Spain?..oh you crazy kid😂
The trouble with every retirement video (or even just general financial management video) that I see is that the content creator speaks as if the content consumer is a unitary, independent actor. I would make a zillion and one different life decisions, including when to retire and “to what” if I weren’t married to someone who behaves as if money doesn’t exist. I’ll tell you what my (forced “our”) retirement plan is: Do nothing, like idiots rowing a boat on the Niagara River with the Falls in sight.
Read random subjects, pick up 2/3 language classes, find a local organization to volunteer at, continue my onkinevteachibg for 6 months, move to a smaller, though not too remote town, more wisdom conversations with nybelders and below genz, play scrabble, ping-pong, do yoga, qu Jong, pick up another indian percussion instrument, continue and step up on my piano oractice ( w cl pianist MM) be actively chatty with my online and offline friends. Seek new no age restriction relationships esp in person. Local, national, some International travel. Photograph nature scenes and monsoon rains. I'm based in Vengaluru s India.
All 5 are the same in reality, getting old age
I Guess everything in life ultimately comes down to that. Thanks for sharing.
Move to Mexico or Spain. Problem solved.
don't ever retire. keep working and get very rich 4 ur kids
Very enlightening video, There’s this woman I got in touch with during the 2020 lockdown which cost me my job. Ms. Norman Davis helped me manage my assets by introducing my to the best trading platform and strategies, I earned a lot of $$$ working with Norman at the comfort of my home. I still keep in touch with the amazing lady
I have a master in mathematical finance, so it wasn’t so easy to get me convinced to begin an investment without me carrying out proper research on her. I had her broker ID checked and she’s fully verified! So I began with a few bucks, only to get huge returns in a month. I reinvested and now I get long term monthly returns… So glad I don’t rely on pay checks anymore.
I’m trying to create long term wealth to set towards property one day . How can i reach out to her? she could be of great help
< normandavis
This is still a window-shopping market. But there are a lot of intriguing stocks to watch from a variety of sectors. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.kudos to Norman, great remarks!
,Norman gave me a wide option investing strategies, she introduced me to USD margin lending in which I was able to earn interest with no anticipated downside risk. She made my February a remarkable month! Some people truly are God sent