Brilliant information Jane. I'm also an early retiree but I came to it by a different route. Yours was a lot nicer. Mine involved domestic violence. Thankfully I was creative and have my home and pension...and no debt....It wasn't easy and I don't recommend this route. However, I'm an example of a woman who lost everything but managed to win in the end.💚🍀💚
Glad you shared your journey. Unfortunately I didn’t start early enough. Still have a mortgage but working on getting it down. I took a 30 year mortgage 6 years ago at the age of 50. I said I will be dead before that’s paid off. After 6 years I’m down to 16 years 10 months left.
I am in the same situation in the U.S. Bought my first house at 60. No way to pay it off before I am dead. And since I live on my own, it's one income.
It really is, my partner wasn't on the same page as me, and may never be as frugal as me but he has come a long way Tracking out spending has helped him change his spending behaviour a lot over the last 12 months. I feel for you.
Yes leave the other spouse behind. That's what I am did and continue to do with my husband, and now he is struggling to catch up. Don't let a husband or wife rub you from your dreams.
I totally agree with you. Early retirement is great if you have lots of hobbies and a big social circle outside of work. It can be a big shock to go from a demanding job to nothing and that aspect of retirement needs as much thought and planning as the financial aspects. I wanted to work after retirement too but doing something that was my hobby (handcrafted leather bags and teaching others the craft - hence my RUclips name.) Unfortunately Brexit ended that plan (which is why my channel is now on hold after building it up to several thousand followers ☹). As UK retirees to France under the withdrawal agreement, if I do any paid work at all then I lose the uprating of my UK state pension and have to pay 20+% social charges on all my income going forwards. We crunched the numbers and it just didn't make sense. It was pretty soul destroying as I had everything set up and ready to go.
I too got early retirement, in my case it involved being in the right place at the right time. Pure luck! The Insurance company I'd worked for from aged 18 merged with another equally large company and they needed to "shed" staff. I was just 51 when I got a lump sum and "added years" to gain an immediate pension.
The first house we bought had a large basement, my husband turned it in to a one bedroom apartment which we rented out for 10 years. The rent paid our mortgage, then we sold it and bought a duplex plus 2 other houses in a cheaper city. We live off all the rents. This summer we sold one of the houses as the market exploded , for double the price paid. Along the way I have cleaned houses, babysat, adult babysat, bought everything second hand, you name it to make money to retire early and watch videos when ever I want lol. Great advice that everyone should listen to, there's no better feeling than waking up with no stress and not a alarm clock 😀
In the U.S. 62 is the minimum age to begin social security payments. I turn 62 next year and plan to retire practicing simple frugal habits. Your advice is so helpful. It’s so important to have a few income streams, even if they are small. Great video. Thank you Jane!!🙏🏻🌻
In the UK. There is the state pension, the same as social security, but not so much. So, in the UK, if you don’t plan to live in poverty in your old age, you have to make your own arrangements.
I retired at 54 after finishing my business. I still write down everything I buy and at the end of the month put it into categories. Big annual budget coming soon😁
I very much admire the route you chose for retiring in your 50s. I agree that an employer that matches what is going in your tax shelter is something for which you always want to take advantage. Also if your younger viewers can start taking advantage ASAP, compound interest is a beautiful thing. I particularly agreed with your thoughts on NOT needing a million dollars to retire comfortably. People chase after that kind of nest egg can sometimes ruin their health and their relationships in the process. If you don’t have debt upon retirement, how much do you really need to live comfortably. What a good example you and Michael set of one way to really have a nice fulfilling life during that “retired” chapter of life.
Great video! I contemplate retiring at 62 ( my retirement age here, in the USA, is 67, wow that is too much). You are delightful, real, and your frugal ways are totally reasonable, with great treats along the way. I am so glad I found your channel.
Very interesting to hear how you've been able to retire early. We can all learn such a lot from sharing information about realistic paths to earlier retirement - knowledge is power!
Worth noting for those planning , that here in the uk they are increasing the minimum (not just the state pension age) from 55 to 57 from April 2028. Like they increased it from 50 to 55 in 2010. So if your not 55 by April 2028 you cant take your pension early untill 57.
Brilliant video. I found your blog inspiring years ago and you are still inspiring me! Mortgage and debt free here too and as a result we both work from home doing stuff we enjoy
So interesting and so true! I agree 💯 with your statements. I am retired now at 51 and it's not cause I am lucky, it's cause, like you, I chose a different way of living.
Thank you for sharing so openly. This is great advice for most people. People with 401k plans can do the same as you. The tricky thing for some is the age. I can't take any of my 401k without a 10% penalty until I'm 59. Fortunately I was able to take an early pension at 54 when it was offered. Being debt free except for our mortgage made it possible.
Another great video, lots of great ideas for others to try. I personally choose to continue to work part time, but knowing I could retire tomorrow if I choose to is a very liberating feeling. The truth is money if very easy to spend and everyone makes their own choices but no one can spend it and keep it.
I have other skills that I advertise on Craigslist (dog sitting, baby sitting, organizing paper, garage, house. I also do accounting. Also, my Tea Party business hoping to get it going in 2023
Bless you both! It's true it is not easy being frugal BUT it can be fun. I don't understand how that works but it does. And I'm glad you were car hacking instead of car hijacking :)
Great video as usual! I can see where I fell short after watching this video. I am naturally pretty frugal in many ways, but I never tracked spending or wrote a budget. I saved some but not as much as I could have - impulse spender - books mainly and food - I love to cook and haven't cut back on the food budget, even though I don't do take out or dine out. I now have to make up for lost time . I have been incorporating your frugal budget tips and have been able to cut back significantly, but I don't think I will be retiring early. :(. P.S. I also live on my own with one income.
You are a very clued up lady Jane .Wish I had done what you did but wasted too much money when young ☹️ Despite that in a good position here in France. I find you very inspiring and am more mindful over money since watching your videos The fact that you and Mike have been in total harmony over finances is pretty key to this working for you and for other couples I think .Great you share your journey and suggestions/tips I really enjoy your videos.Thank you both Mel
Thanks for sharing your journey. My husband and I both retired early when we were each 59 here in Australia and draw on our superannuation pensions. We do still have a mortgage however it represents our car and caravan which we will use over the next 5 years and then sell after we have explored as many areas of Australia as possible. The payments are simply part of our budget.
Great video Jane - I am on track to retire at 55 - I have already started doing all the things you suggest. I also have a plan for returning to work part time if my circumstances change or if heaven forbid - I am bored 😊
I enjoyed your explanation of how you came to retire early. We are recently retired and decided to make sure all debts and mortgage were paid before retirement. We have always lived simply but have not had a formal budget (Everything went into savings) Now that we are retired I like the idea of setting up sinking funds so that all those big expenses are covered. I was a teacher too and paid off our debts with tutoring!
I was a 'hacking' customer and really appreciated being able to stay Monday to Thursday. I stayed good friends with several of the people I stayed with and have many happy memories. I worked contracts and opted to work in London - although I live in the NW - because the pay rates were so much higher...like double! Edit - this was my transition to retirement...I cherry picked the contracts and in between we travelled all over the world via home exchange staying for a month to two months at a time. We traded cars as well as homes so only paid for the flights.
I never even thought of adding extra into my retirement fund! I was just going to do extra savings and investments, but this is such a good option! Thank you!
Great video! I really like watching these type of "Journey to Retirement" stories. Everyone has their own perspective and I find it helps me with the choices that I want to make in my own journey. The house and car hacking tips were my favourites :)
Thanks for sharing. Ignore the rude comments. I think a lot of people would be able to retire early but they are not prepared to make certain sacrifices and consume less.
This is such a helpful video. I had my last child at 40, so I won’t be retiring before she’s done high school when I’m 58 at the earliest 😂 For me, that means I’ve been very intentional about saving for my kids’ school funds. We have a program here that grows tax free.
Great video. As my retirement is imminent I was interested in all peoples comments, which I don’t usually read. Thanks for taking the time to give brilliant responses to comments.
My husband has a defined benefit pension plan and we are very grateful for it. I don’t have a pension at all and we just invest part of my salary so that we are putting away 15% of our gross per year. I think we will both be 59 at retirement. Not too early but not bad either 😊
We had early retirement forced on us due to I'll health. Fortunately, we were mortgage free and had modest private pensions and savings. It's been difficult though with ever increasing costs. We are both just 66 and about to receive our State Pensions, which will ease the pressure somewhat. Informative vlog Jane.
Thanks Ann. It is incredibly difficult. The amount of people forced out of their jobs due to ageism and stress is phenomenal! People can’t fully prepare for that. I wish you both some relief when you receive your state pensions as it must have been difficult for you both.
Very informative video Jane! We managed early retirement too - thank goodness! Had to smile when you said about the Librarian who went on posh cruises ( tongue in cheek) I was that Librarian but I never went on a cruise in my life! I saved and retired! X
I actually know that librarian. She is retired and now goes on cruises. It’s her ‘thing’ as she loves to travel and meet people. Before retirement, she just saved.
Hi Jane, fantastic video, I loved it. Great content and information. I used the envelope system a few years ago when unemployed and had very little money. It does work, it got me through! Thanks for Sharing. Stay safe. Mo xx
35 now and not looking to work past 50/55. We got out of debt and saving in 401k, a vanguard account, and a dribble of other index funds, and Roth IRA. We have only averaged 45k in the last 10 years with me and hubs.
Jane, wanted to let you know that YT is doing you a great disservice! The notification I got today just noted that you mead uploaded 2 new videos. No subject, no further info! I was extremely wary of clicking on the notice. Scammers? Malware? If I were you I would quickly complain to YT. I have!
Same as you Jane debt and mortgage free managed to retire at 60 back in 2015 finally got my state pension this July, hubby also retired when he was 60 in 2016 he will get his state pension next August. We lived for 2 years prior to me finishing on the income we would get to make sure it was doable with out using all our savings. We both have final salary pensions, not high paid jobs like you said it is doable if you can live with what you have and be happy. It’s the best thing we did ♥💋🤗
Fantastic video again, left me feeling inspired. I am an older parent, had my son when I was heading towards forty, so that comes with an additional financial commitment. Before my son was born I worked hard to pay off debts but also enjoyed the money I earned (partner and I both public sector, so not hugely well paid). I wish I had saved more! My partner is not very realistic when it comes to finance - think that's the word I'm looking for - doesn't do any form of budgeting or planning. I was previously the higher earner and always made up for anything we needed or wanted, or if things went wrong. Now I'm not working, due to a combination of health reasons and where we live, life is very different. I worry a lot about financial security, wish that worry could be shared or at least understood. At least I have a very close grip on how our money is used, saved, etc which is some help.
I should also say that I do Ebay/FB marketplace quite a lot, not lots of £s. My son has said that if it's not living or doesn't move, watch out as I will probably try and Ebay it!
@@FrugalQueeninFrance Thank you, guess it takes all sorts to make the world. We'll get there and for now I will enjoy reading all the comments from others, there's always something to learn and share.
I'm 71, not retiring until end of Sept. I enjoyed working and our contract with NASA ends Sept. I wanted to get the maximum of my Social Security for a more secure retirement.
What made you decide to live in Brittany in France. You talked about going on a walk and seeing a for sale sign. Did you both travel around France or did you already decide on Brittany before moving from Plymouth in the UK.
I have been enjoying your videos. I’m not sure if you ever explained your decision to move to France and if the move helped you to be able to retire early. Thanks!
It certainly did help us. We sold the UK house so didn’t have a mortgage. We couldn’t have retired with a mortgage in the UK, we’d had to have worked until 57.
Hi. Great video. My husband is trying to make some part-time income selling on eBay and other platforms. Can you tell me a little bit about how your husband buys from auctions?
He went to auction houses, there was one near where he worked. Often, they were police sales or sales of claimed goods. He’d buy what he knew about. He’d leave a bid, he never attended as he was working. He’d buy Roberts radios or cameras or camera equipment. He’d then sell it on eBay. It’s commonly called flipping. Buy very cheaply then sell on.
I know you're describing a frugal lifestyle and habits. But to me it's just smart living. I don't think there is anything sacrificial about the way you live, obviously. We are debt free and mortgage free also. I retired very early but my hubby still works because he gets a good income and has a job he loves. So why not.
I have a question about a budget items. On your clothing budget, you have a certain amount, lets say 80 Euros. Let's say you need shoes in November. You spend 40 Euros for that month. What do you do with the remaining 40 ? Do you roll it over into the next month and just add 40 to make 80 Euros for December or do you have 80 for December and add the 40 to it to raise the December amount?
health ins in the US how are you all doing it How much are you paying to ins yourself and your spouse before Medicare I think many many people could do it if not for this.
You and Mike made a lot of sacrifices and tough decisions to deal with your debt, pay off your mortgage etc and continue to do so. But why is there no mention of Mike’s inheritance and what difference that made to your retirement plans. Did it speed it up?
Bringing up the death of the closest family member is not for public discussion as it illicites emotional responses and attention which in turn reopens the grieving process of someone barely healed. I’m very upset by your statement but I’m a very forgiving person. However, it had no affect on our pensions.
Hello,Jane and Mike, retired American here with a question. Does the UK have a government financial plan/scheme similar to the Social Security Act in the USA?🤔
Things are so very different with the French pension system . I retired at 55 . I was also a teacher (for the French government .) I was able to retire 5 years earlier because I was the mother of 3 children .(open to fathers too ) .We decided I would retire because going on working meant that I would work full time for less than 250 € a month ( difference between salary and pension ) . And I spent more than 50 € for petrol...
@@FrugalQueeninFrance yes that's true . But bear in mind that I started contributing to my pension the very day I turned eighteen .But civil servants (state teachers belong ) all have great pension schemes . France is very very good for pensions but it means teachers get miserable salaries while working .for example German teachers are paid 3 times more ...
@@marie34K to put it into perspective, you have a pension similar to a good (for France) salary. In the UK, if we we’re retired there, we would not be able to afford heating .
@@FrugalQueeninFrance true but contributions are insane. I’ve been self-employed both in France and the UK and the French contributions were crippling.
Excuse me Maxine. Shame on you for not doing your research. MANY frugal lìving you tubers use that phrase as a unifying phrase without citing Dave Ramsey. Sorry you missed the point of the video
Brilliant information Jane. I'm also an early retiree but I came to it by a different route. Yours was a lot nicer. Mine involved domestic violence. Thankfully I was creative and have my home and pension...and no debt....It wasn't easy and I don't recommend this route. However, I'm an example of a woman who lost everything but managed to win in the end.💚🍀💚
I’m
Amazed at your fortitude
You’re an inspiration to other people who are living in the same situation. So happy for your successes Mary xx stay safe
Thanks so much Mo. The important thing is to not give up. xxx
Wishing you peace and joy for the rest of your days Mary. You certainly deserve them 🙂
Glad you shared your journey. Unfortunately I didn’t start early enough. Still have a mortgage but working on getting it down. I took a 30 year mortgage 6 years ago at the age of 50. I said I will be dead before that’s paid off. After 6 years I’m down to 16 years 10 months left.
Where do you live Lisa?
Ontario Canada
I am in the same situation in the U.S. Bought my first house at 60. No way to pay it off before I am dead. And since I live on my own, it's one income.
It's a whole lot tougher when only one partner in a relationship is prepared to make changes!
That’s not tough, that nigh on impossible. I feel for you.
It really is, my partner wasn't on the same page as me, and may never be as frugal as me but he has come a long way
Tracking out spending has helped him change his spending behaviour a lot over the last 12 months.
I feel for you.
Totally! Not only is it tougher but it is a source of tension and arguments.
Yes leave the other spouse behind. That's what I am did and continue to do with my husband, and now he is struggling to catch up. Don't let a husband or wife rub you from your dreams.
I agreed. I can’t change my husband spending habits means I have to plan for myself I can’t sink with him
I retired early but went back to work because I missed it. I have cut my hours down. So it's working out well for me . Stay safe xxxx
Good for you Joan, retirement isn’t for everyone
I totally agree with you. Early retirement is great if you have lots of hobbies and a big social circle outside of work. It can be a big shock to go from a demanding job to nothing and that aspect of retirement needs as much thought and planning as the financial aspects. I wanted to work after retirement too but doing something that was my hobby (handcrafted leather bags and teaching others the craft - hence my RUclips name.) Unfortunately Brexit ended that plan (which is why my channel is now on hold after building it up to several thousand followers ☹). As UK retirees to France under the withdrawal agreement, if I do any paid work at all then I lose the uprating of my UK state pension and have to pay 20+% social charges on all my income going forwards. We crunched the numbers and it just didn't make sense. It was pretty soul destroying as I had everything set up and ready to go.
I too got early retirement, in my case it involved being in the right place at the right time. Pure luck!
The Insurance company I'd worked for from aged 18 merged with another equally large company and they needed to "shed" staff. I was just 51 when I got a lump sum and "added years" to gain an immediate pension.
You were in the right place, good for you
Wow, such good information! You and Mike are so determined! You really deserve the peaceful life you have now
The first house we bought had a large basement, my husband turned it in to a one bedroom apartment which we rented out for 10 years. The rent paid our mortgage, then we sold it and bought a duplex plus 2 other houses in a cheaper city. We live off all the rents. This summer we sold one of the houses as the market exploded , for double the price paid. Along the way I have cleaned houses, babysat, adult babysat, bought everything second hand, you name it to make money to retire early and watch videos when ever I want lol. Great advice that everyone should listen to, there's no better feeling than waking up with no stress and not a alarm clock 😀
Well done Dawn, you house hacked.
In the U.S. 62 is the minimum age to begin social security payments. I turn 62 next year and plan to retire practicing simple frugal habits. Your advice is so helpful. It’s so important to have a few income streams, even if they are small. Great video. Thank you Jane!!🙏🏻🌻
I would recommend you wait later to take social security
In the UK. There is the state pension, the same as social security, but not so much. So, in the UK, if you don’t plan to live in poverty in your old age, you have to make your own arrangements.
We raised poultry on the side. Selling both the chicken and eggs at a farmers market and eventually even selling to a small grocery store.
I retired at 54 after finishing my business. I still write down everything I buy and at the end of the month put it into categories. Big annual budget coming soon😁
People overlook tracking, it’s important to be accountable to ourselves
I very much admire the route you chose for retiring in your 50s. I agree that an employer that matches what is going in your tax shelter is something for which you always want to take advantage. Also if your younger viewers can start taking advantage ASAP, compound interest is a beautiful thing. I particularly agreed with your thoughts on NOT needing a million dollars to retire comfortably. People chase after that kind of nest egg can sometimes ruin their health and their relationships in the process. If you don’t have debt upon retirement, how much do you really need to live comfortably. What a good example you and Michael set of one way to really have a nice fulfilling life during that “retired” chapter of life.
If you’re frugal you can live off less. If you’re a spender, that will be difficult
Great video! I contemplate retiring at 62 ( my retirement age here, in the USA, is 67, wow that is too much). You are delightful, real, and your frugal ways are totally reasonable, with great treats along the way. I am so glad I found your channel.
Thanks Marta
Very interesting to hear how you've been able to retire early. We can all learn such a lot from sharing information about realistic paths to earlier retirement - knowledge is power!
Thanks Belinda
I needed to hear this today Jane! It's helped to keep me on track. Thank you. 🙂
Thanks Tess.
Worth noting for those planning , that here in the uk they are increasing the minimum (not just the state pension age) from 55 to 57 from April 2028. Like they increased it from 50 to 55 in 2010. So if your not 55 by April 2028 you cant take your pension early untill 57.
It stinks doesn’t it. Especially if you’ve paid the full amount in. Nonetheless, 57 is still early retirement.
Brilliant video. I found your blog inspiring years ago and you are still inspiring me! Mortgage and debt free here too and as a result we both work from home doing stuff we enjoy
So interesting and so true! I agree 💯 with your statements. I am retired now at 51 and it's not cause I am lucky, it's cause, like you, I chose a different way of living.
Yes, I don’t believe in luck. It’s choices.
Thank you for sharing so openly. This is great advice for most people. People with 401k plans can do the same as you. The tricky thing for some is the age. I can't take any of my 401k without a 10% penalty until I'm 59. Fortunately I was able to take an early pension at 54 when it was offered. Being debt free except for our mortgage made it possible.
It’s amazing how many loopholes are put in place for the ordinary Jo, that doesn’t exist if you’re way richer!
Another great video, lots of great ideas for others to try. I personally choose to continue to work part time, but knowing I could retire tomorrow if I choose to is a very liberating feeling. The truth is money if very easy to spend and everyone makes their own choices but no one can spend it and keep it.
Working without debt or a mortgage is a good feeling
I always enjoy your positive attitude.
Thank you
I have other skills that I advertise on Craigslist (dog sitting, baby sitting, organizing paper, garage, house. I also do accounting. Also, my Tea Party business hoping to get it going in 2023
Bless you both! It's true it is not easy being frugal BUT it can be fun. I don't understand how that works but it does. And I'm glad you were car hacking instead of car hijacking :)
Yes, car hijacking isn’t good
You may be "different" but you and Mike are inspirational,
Thanks for watching and your lovely comment
I love how realistic you are. I plan on semi retiring.
We are very much semi retired. We could live off our pensions but I’d be super frugal
Wonderful information!
Thanks very much
Great video as usual! I can see where I fell short after watching this video. I am naturally pretty frugal in many ways, but I never tracked spending or wrote a budget. I saved some but not as much as I could have - impulse spender - books mainly and food - I love to cook and haven't cut back on the food budget, even though I don't do take out or dine out. I now have to make up for lost time . I have been incorporating your frugal budget tips and have been able to cut back significantly, but I don't think I will be retiring early. :(. P.S. I also live on my own with one income.
I’m sure you’re resolve will see you through. Good luck Candace,
I make extra funds, baby sitting, dog sitting, doing surveys on-line (recently did one got $125 in a visa card) that I'll use for food.
Thank you for sharing your early retirement journey. I have really enjoyed the video and learned a lot.
In the States, the biggest issue for most of us is Health Care. It is absolutely the scariest factor.
Why are you not out on the streets bringing the country to a standstill protesting against the capitalist system that makes so much money from it?
You are a very clued up lady Jane .Wish I had done what you did but wasted too much money when young ☹️
Despite that in a good position here in France.
I find you very inspiring and am more mindful over money since watching your videos
The fact that you and Mike have been in total harmony over finances is pretty key to this working for you and for other couples I think .Great you share your journey and suggestions/tips
I really enjoy your videos.Thank you both
Mel
Thanks, are you in France too?
Thanks for sharing your journey. My husband and I both retired early when we were each 59 here in Australia and draw on our superannuation pensions. We do still have a mortgage however it represents our car and caravan which we will use over the next 5 years and then sell after we have explored as many areas of Australia as possible. The payments are simply part of our budget.
Happy travelling
Great video Jane - I am on track to retire at 55 - I have already started doing all the things you suggest. I also have a plan for returning to work part time if my circumstances change or if heaven forbid - I am bored 😊
I totally retired this August, I was at a loose end for a few weeks
If your not 55 before April 2028 you wont be able to take your pension untill 57, as they are increasing the minimum pension age.
Thankfully I am 55 in 2026 and I have an original superannuation pension xx
@@2024_my_frugal_year gutted as I will be 54 so just missing out by a few months.
I enjoyed your explanation of how you came to retire early. We are recently retired and decided to make sure all debts and mortgage were paid before retirement. We have always lived simply but have not had a formal budget (Everything went into savings) Now that we are retired I like the idea of setting up sinking funds so that all those big expenses are covered. I was a teacher too and paid off our debts with tutoring!
Thanks for your feedback
I was a 'hacking' customer and really appreciated being able to stay Monday to Thursday. I stayed good friends with several of the people I stayed with and have many happy memories. I worked contracts and opted to work in London - although I live in the NW - because the pay rates were so much higher...like double! Edit - this was my transition to retirement...I cherry picked the contracts and in between we travelled all over the world via home exchange staying for a month to two months at a time. We traded cars as well as homes so only paid for the flights.
Very sensible to save money like that
Awesome advice I love your channel and videos great job!!
Thanks Elaine
Wonderful! I totally get it. It is so much fun to be frugal. I've always enjoyed saving and having free fun.
I have fun.
I never even thought of adding extra into my retirement fund! I was just going to do extra savings and investments, but this is such a good option! Thank you!
It’s good if you can.
Great video! I really like watching these type of "Journey to Retirement" stories. Everyone has their own perspective and I find it helps me with the choices that I want to make in my own journey. The house and car hacking tips were my favourites :)
Anything we can do to reduce the costs of the expensive parts of our lives is a major help
Thanks for sharing. Ignore the rude comments. I think a lot of people would be able to retire early but they are not prepared to make certain sacrifices and consume less.
Thank you.
This is such a helpful video. I had my last child at 40, so I won’t be retiring before she’s done high school when I’m 58 at the earliest 😂 For me, that means I’ve been very intentional about saving for my kids’ school funds. We have a program here that grows tax free.
Wonderful!
Great video. As my retirement is imminent I was interested in all peoples comments, which I don’t usually read. Thanks for taking the time to give brilliant responses to comments.
Lovely to see how much work you’ve done on the house and plot….as shown in your intro film😊jinxy
Thanks very much
My husband has a defined benefit pension plan and we are very grateful for it. I don’t have a pension at all and we just invest part of my salary so that we are putting away 15% of our gross per year. I think we will both be 59 at retirement. Not too early but not bad either 😊
Not too bad indeed.
We had early retirement forced on us due to I'll health. Fortunately, we were mortgage free and had modest private pensions and savings. It's been difficult though with ever increasing costs. We are both just 66 and about to receive our State Pensions, which will ease the pressure somewhat. Informative vlog Jane.
Thanks Ann. It is incredibly difficult. The amount of people forced out of their jobs due to ageism and stress is phenomenal! People can’t fully prepare for that. I wish you both some relief when you receive your state pensions as it must have been difficult for you both.
Very informative video Jane! We managed early retirement too - thank goodness! Had to smile when you said about the Librarian who went on posh cruises ( tongue in cheek) I was that Librarian but I never went on a cruise in my life! I saved and retired! X
I actually know that librarian. She is retired and now goes on cruises. It’s her ‘thing’ as she loves to travel and meet people. Before retirement, she just saved.
Hi Jane, fantastic video, I loved it. Great content and information. I used the envelope system a few years ago when unemployed and had very little money. It does work, it got me through! Thanks for Sharing. Stay safe. Mo xx
It worked for us too. We only used cash for years.
Super video, congrats with the 12k 😘😘😘
Thanks Sofie
35 now and not looking to work past 50/55. We got out of debt and saving in 401k, a vanguard account, and a dribble of other index funds, and Roth IRA. We have only averaged 45k in the last 10 years with me and hubs.
Many years ago I rented my garage to co-worker to store their Boat. An extra $50 a month.
Fabulous - full of useful advice as ever! Thank you so much 🇫🇷
Thanks Elizabeth.
Jane, wanted to let you know that YT is doing you a great disservice! The notification I got today just noted that you mead uploaded 2 new videos. No subject, no further info! I was extremely wary of clicking on the notice. Scammers? Malware? If I were you I would quickly complain to YT. I have!
If you click whilst we are uploading, you’ll get that. Don’t worry, all good here. Thanks for sharing.
Thank you . This was very interesting and informative. Stay warm, eat well and be safe . Blessings to all
Thanks Pamela.
This was so great you both are amazing do you have children? You look so happy and I hope that health will always be yours.
I have a son and daughter and they’re adults
Same as you Jane debt and mortgage free managed to retire at 60 back in 2015 finally got my state pension this July, hubby also retired when he was 60 in 2016 he will get his state pension next August. We lived for 2 years prior to me finishing on the income we would get to make sure it was doable with out using all our savings. We both have final salary pensions, not high paid jobs like you said it is doable if you can live with what you have and be happy. It’s the best thing we did ♥💋🤗
Ye, make the best of it
I'm so impressed!
We re working on being mortgage free.
Good for you too.
Yes best case scenario is to retire with a mortgage. Or pay large chunk in less than 5 years.
Fantastic video again, left me feeling inspired. I am an older parent, had my son when I was heading towards forty, so that comes with an additional financial commitment. Before my son was born I worked hard to pay off debts but also enjoyed the money I earned (partner and I both public sector, so not hugely well paid). I wish I had saved more! My partner is not very realistic when it comes to finance - think that's the word I'm looking for - doesn't do any form of budgeting or planning. I was previously the higher earner and always made up for anything we needed or wanted, or if things went wrong. Now I'm not working, due to a combination of health reasons and where we live, life is very different. I worry a lot about financial security, wish that worry could be shared or at least understood. At least I have a very close grip on how our money is used, saved, etc which is some help.
I should also say that I do Ebay/FB marketplace quite a lot, not lots of £s. My son has said that if it's not living or doesn't move, watch out as I will probably try and Ebay it!
Sorry to hear that, the budgeting is something you can do together, you can try and get him on board that way,
@@FrugalQueeninFrance Thank you, guess it takes all sorts to make the world. We'll get there and for now I will enjoy reading all the comments from others, there's always something to learn and share.
Loved this video. Great encouragement to those who want to retire early.
Thanks Susan.
Passive income is so important.
Very good informations. Thank you!
Thanks very much
I have been selling on ebay for 17 years 😅, plus im an extreme couponer.. i keep what i want and resell what i dont
Thank you Jane.
Thank you
Thank you, another great and inspiring video! Xx
Thanks
Loved this video. Very motivating!
Thanks Diana, happy to help
I'm 71, not retiring until end of Sept. I enjoyed working and our contract with NASA ends Sept. I wanted to get the maximum of my Social Security for a more secure retirement.
So inspiring as always 💚
Thank you
Hi, thanks another great video ❤ lots of great ideas.
Thanks Deb
Thanks very much excellent information 👏Xxx❤️
Thanks Lorna
Please can you show us how to make an apple pie the frugal way?
I certainly can
Great video 👍
Thanks for watching
I increased last year my 401k to 25% so I would be less taxed and also more for retirement
What made you decide to live in Brittany in France. You talked about going on a walk and seeing a for sale sign. Did you both travel around France or did you already decide on Brittany before moving from Plymouth in the UK.
We’d been visiting Brittany for ten years, we knew it well.
I have been enjoying your videos. I’m not sure if you ever explained your decision to move to France and if the move helped you to be able to retire early. Thanks!
It certainly did help us. We sold the UK house so didn’t have a mortgage. We couldn’t have retired with a mortgage in the UK, we’d had to have worked until 57.
@@FrugalQueeninFrance I appreciate your reply. Love your videos. We paid everything off living debt free also! We are 57.
Hi. Great video. My husband is trying to make some part-time income selling on eBay and other platforms. Can you tell me a little bit about how your husband buys from auctions?
He went to auction houses, there was one near where he worked. Often, they were police sales or sales of claimed goods. He’d buy what he knew about. He’d leave a bid, he never attended as he was working. He’d buy Roberts radios or cameras or camera equipment. He’d then sell it on eBay. It’s commonly called flipping. Buy very cheaply then sell on.
How about doing challenges. I was looking on you tube for saving challenges, for example : no spend month, or liw spend year 💵💰
We do every year, this year we did no spend January, February, March and April
👍👍👍
I know you're describing a frugal lifestyle and habits. But to me it's just smart living. I don't think there is anything sacrificial about the way you live, obviously. We are debt free and mortgage free also. I retired very early but my hubby still works because he gets a good income and has a job he loves. So why not.
We are very happy and certainly haven’t any feeling of sacrifice, it’s a good life for us
You certainly do look happy! You and your husband are very smart people. That's why you live so abundantly.
I have a question about a budget items. On your clothing budget, you have a certain amount, lets say 80 Euros. Let's say you need shoes in November. You spend 40 Euros for that month. What do you do with the remaining 40 ? Do you roll it over into the next month and just add 40 to make 80 Euros for December or do you have 80 for December and add the 40 to it to raise the December amount?
For clothes we have an annual budget. Any underspending at the end of the year is either saved or rolled over
Good morning from London Jane. How do you pay off mortgage early.
You make an extra payment off the capital each month. We used to over pay by 500 a month.
health ins in the US how are you all doing it How much are you paying to ins yourself and your spouse before Medicare I think many many people could do it if not for this.
We pay under 100€ a month for health insurance as France has socialised medicine.
@@FrugalQueeninFrance yeah so 20000 a year for 2 people who are 55 in the US darn
not kidding with a large deductible
You and Mike made a lot of sacrifices and tough decisions to deal with your debt, pay off your mortgage etc and continue to do so. But why is there no mention of Mike’s inheritance and what difference that made to your retirement plans. Did it speed it up?
Bringing up the death of the closest family member is not for public discussion as it illicites emotional responses and attention which in turn reopens the grieving process of someone barely healed. I’m very upset by your statement but I’m a very forgiving person. However, it had no affect on our pensions.
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Hello,Jane and Mike, retired American here with a question. Does the UK have a government financial plan/scheme similar to the Social Security Act in the USA?🤔
Hello, yes, it had that too. We will get our state pension, which you call social security at 67.
Things are so very different with the French pension system . I retired at 55 . I was also a teacher (for the French government .) I was able to retire 5 years earlier because I was the mother of 3 children .(open to fathers too ) .We decided I would retire because going on working meant that I would work full time for less than 250 € a month ( difference between salary and pension ) . And I spent more than 50 € for petrol...
French pensions are incredibly generous in comparison to some.
@@FrugalQueeninFrance yes that's true . But bear in mind that I started contributing to my pension the very day I turned eighteen .But civil servants (state teachers belong ) all have great pension schemes . France is very very good for pensions but it means teachers get miserable salaries while working .for example German teachers are paid 3 times more ...
@@marie34K to put it into perspective, you have a pension similar to a good (for France) salary. In the UK, if we we’re retired there, we would not be able to afford heating .
@@FrugalQueeninFrance true but contributions are insane. I’ve been self-employed both in France and the UK and the French contributions were crippling.
Shame you have to plagiarise Dave Ramsey and didn't give him credit for it. 👎
He’s so well known, it’s like quoting Shakespeare. He needs no introduction. Thanks for watching.
Excuse me Maxine. Shame on you for not doing your research. MANY frugal lìving you tubers use that phrase as a unifying phrase without citing Dave Ramsey. Sorry you missed the point of the video
@@wendytushingham201 I do excuse your ignorance. Poor you 😢