I retired 10 yrs ago from a highly stressful job and I've enjoyed every single hour of it. Also, I've never been richer than when I stopped "making money."
Thank you, David. It's too late for me, much too late. I'm 68 years old and have virtually nothing. I'm trying to think about how to fix that and that's going to mean having to work again. It's something I haven't had to do in a while because of my disability. But that's something no matter. Although dated your film is very helpful and giving younger Americans a warning. It's also interesting to me to know the history of pensions.
Haha the nineties lol. Try early 1900's You remind me of my 5 year old who says, "dad that must be all the way back in the 1990's" like the 90's is when Wolly Mammoth's and dinosaurs roamed the earth. As the other respondent dutifully said, "enjoy being young", lucky youngster! 🤣
There are two ingredients to a successful retirement. Time and money. At 23, you have so much time that even a small amount of money, invested regularly, will yield a comfortable retirement because of what's called "The Miracle of Compound Interest". Look it up. I'm 69 and in good financial shape, but if I'd known at 23 what I know now, I would be really, really wealthy.
My mother worked into her early 70's. She was forced to retire when her co-workers noticed a problem. The problem turned out to be Alzheimer's disease. My father was forced to retire so he could care for her. I had to quit so I could help him. Funny how things work sometimes. Thanks Mr. Hoffman.
I've been retired for 3 1/2 years and love it. Moved out of the city, into the country. Building things like a houseboat. Work on the house, the car, and the truck.
I worked for a Fortune 500 company for nearly 20 years. I was in their stock plan and that paid off the mortgage toward the end. They had a 401(k) plan toward the end of my employment. Then the layoffs and the delisting from the NYSE that followed. I was laid off in 2001 just before the Enron scandal. I was able to get only one job since but my new employer laid me off 3 months later due to declining sales during that downturn. My money from those stocks plus the separate mutual funds dried up due to post employment insurance premiums, just living and the health issues that followed drained my account. I am now month to month with SSA and the occasional senior rebate from my city's property tax. You'll still have to pay the tax to get the rebate and keep your home! This is not retirement.
I retired at 62, 2018 after burning a year of sick leave so for all intentions it was 61, after 38 years of working nights, weekends ,holidays and mostly 6 days a week 10 to 12 hours a day paying off mortgage, cars and cash for most things at a job I loved . We have not carried over a credit card balance for over 15 years. I did work a part time job before covid but have since fully retired. I found that we saved so much that after retirement that if we only spent the same as when we were working and saving into our 401 our money would wayyyy out last us. After being a spend thrift for so many years it is different when the wife says to buy it because I can't take it with me. As for the fable of the at and the grasshopper it is difficult to act like the grasshopper after so many years of being the ant.
It's the same for my wife and me. We saved and saved and saved. Now I'm retired, and can afford to spend more, but continue to be careful out of habit.
You choose to not blow your money at the expense of retirement. Good choice. Keep an eye on the market tho, you never know when it's value will be reconsidered.
This 1965 song "Gold Watch Blues" written by Mick Softley come to mind after witching your film clip. "Gold Watch Blues" Mick Softley I went up for my interview on the fourth day of July Personnel man, he questioned me until I nearly cried Made me fill in forms until I shook with fear About the colour of my toilet roll and if my cousin's queer "Here's your gold watch and the shackles for your chain And your piece of paper to say you left here sane" "And if you've a son who wants a good career Just get him to sign on the dotted line and work for fifty years" He asked me how many jobs I'd had before He nearly had a heart attack when I answered, "Four" "Four jobs in twenty years, oh, this can never be" "We only take on men who work until they die" "Here's your gold watch and the shackles for your chain And your piece of paper to say you left here sane" "And if you've a son who wants a good career Just get him to sign on the dotted line and work for fifty years" He took me outside to where the gravestones stand in line "This is where we bury them, in quick-stone and in lime" "And if you come to work for us, on this you must agree That if you're going to die, please, do it during tea break" "Here's your gold watch and the shackles for your chain And your piece of paper to say you left here sane" "And if you've a son who wants a good career Just get him to sign on the dotted line and work for fifty years" This story that you heard you may think rather queer But it is the truth you'll be surprised to hear I did not want no job upon the board I just wanted to take a broom and sweep the bloody floor "Here's your gold watch and the shackles for your chain And your piece of paper to say you left here sane" "And if you've a son who wants a good career Just get him to sign on the dotted line and work for fifty years"
Work is only drudgery if you hate your job. Some of the most affluent people I know are still working. There is a common misconception that because life expectancy was so low in the past that there were few old people. Most of the improvements in life expectancy have come in infant mortality rates. Even in the 19th century, if you made it out of childhood, there was an excellent chance you'd live a long life.
Thank you Lucie. I think that you are retired. I am happy for you that you are having that experience. I have yet to have it but your constant support increases the likelihood that maybe someday, I will. David Hoffman filmmaker
I am 63 , living in Britain. Have worked all my life, in various, what is called low paid work, I am thankful on the whole never to had to rely on the system. Own nothing, but have not faired badly, always had a roof over my head, enough to eat. I am blessed with a close knit family. We have struggled financially, trying to make ends meet, but always managed to keep the wolf from the door, so to speak. Now I feel the situation, more so insidiously, over the last twenty years, is changing. Our so called politicians, and the corporations funding them, have only one objective, to make wealth, at any cost, for themselves and own elite, which I believe are just a few in the world from all parties. We have no one at the helm, who are there for their country or people, their god is wealth. In Britain the retirement age has been pushed time and time again up. To the point that there is talk of the younger generation not having a state pension and having to work up to maybe 70 and over. Our systems in all areas are eroding. I am thankful and selfish, that I am not long for this world, but feel terribly sad and angry for the future generations. Something is got to give . I feel anger around me on a level I have never felt in my live, from all walks of life, young and old.
I'm 61 and retired 3 yrs ago then relaxed going to the gym and doing track days and car shows, the wife wanted me to cook and the kids were a pain working at home I had to stay quiet, so I went back to work lol
David Hoffman I just finish reading through your description before I watch your film clip, I like to say I hope you live a long health life, and your children are at the age where they can take care of themselves financially. 😊
Thank you for your comment. If your resources allow, I would sure appreciate your using the THANKS button under any of my videos including the one you have commented on. It is something new that RUclips is beta testing and would mean a great deal for my continuing efforts. David Hoffman filmmaker know
"I think about having time to do more things." The time to do more things is before you have "time" to do more things. The lie. The stink of it. Flows freely in hindsight.
Careful what you wish for. Caring for my elderly mother I met a lot of super-old people who said there were living longer than they wanted to. Two stopped eating to speed things up. They weren't depressed, just impatient.
@@lovemesomeslippers I will be spending time with younger women but they better have their own income too weather I spoil them or not no major gold diggers
@@lovemesomeslippers why not do the things you really enjoy or the things you haven't had time to do. Im a hard worker and enjoy the work i take on, but i look forward to a time i don't have to do it. There's a chance that won't happen, so i live life to the fullest when Im able, but it's definitely something to look forward to. If not, what's the point of being here?
Alot of unexpected variables that can potentially hinder your retirement plan. Lost of job, divorce, long life, bad financial/business decisions, and other factors that you can not control like inflation. I like to retire one day but that day keeps moving further and further away.
Really good, and really important documentary. My response to the comment "people think about the future when they have children" would be, "people think about the future when they think they have one." We could all "retire" to the extent that we could after age X "comfortably", except for the 800lb gorilla in the room - Capitalism. My father, a lifelong republican who rejected and refused any criticism of the American system, despite being a Depression baby (1932), worked as an accountant until he was 81 or 82 (he died at 83). Sure, he invested in retirement funds, but he (and his wife) were never well off, and had to constantly work nonetheless. Not because they loved their profession, but because they needed to keep going. Perhaps some of that drive was due to having grown up in the Depression, but they literally didn't stop until they couldn't continue. Healthcare was a huge factor, but there was also the simple factor of "who is going to care for us?". All the siblings lived out of state. They weren't working/saving for retirement, they were doing it for basic healthcare and survival. Forward to the next generation post-their deaths, and at least 2 of us 3 siblings are going to have to work until we can't. Thanks to a small inheritance, I managed to buy my own apartment (outside the US and taking advantage of the exchange rate, and don't think for a second that I'm not grateful). We can't simply "get a job" at our age (I'm 61), so we have to learn to be "entrepreneurs". Myself, I translate now, so I will always have work. However, I will have to keep doing it as long as I possibly can. Winning the lottery is the unofficial "retirement plan", as it is for many people I suspect. The one thing in my favor is that I'm still healthy and in the country where I currently live we have public health + a public pension, which means I don't have to factor in everything that my father needed. We joke here that we subscribe to the world's most popular health plan - "don't get sick". But that's the reality for most people around the world, not just Americans who really have it worse. "Retirement" is just another lie peddled by the capitalist class to keep people working and from rising up. We do the work, they get the benefit. It's not sustainable.
The lady at about 3:00 is propagating the misconception that no one lived to an old age before the 20th century. Because there was no knowledge that bacteria was associated with disease until the year 1900, many people died at young ages from bacteria related diseases. The infant mortality rate was extremely high then because of it. This means that the overall average age of death was lower, because of all those people who died younger or in their youth was averaged in. To suggest though that hardly anyone lived past 70 is just incorrect. LOTS of people did. People lived into their 70s during Roman times even.
Thank you John for your comment. If your resources allow, I would sure appreciate your using the THANKS button under any of my videos including the one you have commented on. It is something new that RUclips is beta testing and would mean a great deal for my continuing efforts. David Hoffman filmmaker
Thank you for your comment. If your resources allow, I would sure appreciate your using the THANKS button under any of my videos including the one you have commented on. It is something new that RUclips is beta testing and would mean a great deal for my continuing efforts. David Hoffman filmmaker
I, essentially, retired ten years ago. I spent 39 years working construction and after rehabbing a knee replacement, I saw that my career in construction was untenable. At the same time, my father (80) needed more of my help. So, I've been retired for 10 years now and have enjoyed it pretty much. I started taking my pension at 62 and Social Security at 65 so, in addition to my investments, I'm able to live pretty comfortably.
Being a pleeb, and only 29 in this modern Era, I will work the rest of my life. Retirement is simply not an option for the desperately driven. My father, his father, and all my progenitors labored till the day they died, into the clay I was born with shovel in hand and in such circumstances shall I leave.
My Father will never be able to retire. He's 62, a wide load truck driver hauling turbines, drilling and mining equipment, modular power structures, etc. A health emergency more than ten years ago where his gall bladder became infected and nearly ruptured inside his body while he was on the road, 800 miles from home almost killed him. He suffered for three days in the back of his semi before calling the ambulance, the ride and emergency surgery to save his life costed him $75,000 out of pocket. Maybe if you come from a moneyed background or manage to land yourself one of these fabled "good jobs" with a "good company" retirement is still an option. For the rest of us, we're never going to be able to stop working for our corporate masters.
Your health is your wealth. Work steady and save a portion of your paycheck to invest in real estate. Develop good credit. If it's easy; do it easy. If it's hard, do it hard. Just do it.
I was born in 79, I’ve been working full time since I was 20 and I know I’ll never see retirement. I would love to opt out of the SS pyramid scheme, they keep raising the age to for SS so I live and spend like I’m going to die tomorrow. I waste my money on assets that won’t get stolen in the stock markets either, 401k is a scam to screw hard working people out of their money too.
Hi David. I would like to ask you about the specific quality of Ampex recordings. It was a very profound and recognizable technique. Did you ever use this medium? I find its grey tones very special. Could or would you elaborate us about this technique? Many thanks.
I tried to answer specific questions like yours in detail as a reward to my patrons (www.patreon.com/allinaday). I do hope that you understand. Thank you. David Hoffman filmmaker
When I retire I want to sit around and vegetate man, I want to watch the TV and computer and not have to fight against everything needing fixing and repair, and all the paperwork and checking, and I want to do my hobbies and just go to the shops, I won't need to travel I have done that, in my experience travel was unnecessary
I remember my dad telling me how he would have retirement parties at his work and not too long after he would be going to their funerals. Interesting fact: There is no word "retirement" in the Hebrew language.
I'm trying to retire because of my age and health. Until the last several months my 401k looked great. I guess when the govt spends trillions of dollars, cripples the fuel industry, and overregulates things such as fertilizer (just look at Sri Lanka) you have people struggling just to survive.
Welp, Life is a b….. Graduate of that school. My reasoning is … prepare for being down. I don’t mean war, riots, famine or nuclear war. I mean having finances to cover food, bills and such for months. Buy a shot gun? It will rust before you need it and find out it’s worthless and the ammo is ,,. F. I’ll work until I drop. Jes my nature.
If you don’t understand how the government can spend the peoples money on the people, please do some reading. If you think the fuel industry has been crippled, please look at their record profits for this year. And fertilizer is a worldwide problem right now, partially brought on by the war in Ukraine. That area is a leader in fertilizer production.
1954, I got u by two. I suffered frm 80's Recession. I had stocks/bonds & lost all of it, just to survive. I ALWAYS worked hard/worked all the OT I could get. I dont think I had COVID but the era aged me 10 yrs. I was forced to quit & cant even work part time. If I can, I WILL. When walmart paid seniors as greeters, I talkd to a woman who told me her neighbor who was 81 had to go back to work bc he couldnt live on the money. This isn't right! On 401K, what's a four letter word begins with F and ends in K? (F**K)? Nope, 401K! But they mean the same. 🙄🇺🇸
If there was to be something for sale, you should pay for what you consume. No one owes you free entertainment and education. What you get from David is worth it.
@@DavidHoffmanFilmmaker I see "shop the David Hoffman store" under the comment section before you click comments to open them up for reading. Lots of things listed. Must be what they are talking about.
I retired 10 yrs ago from a highly stressful job and I've enjoyed every single hour of it. Also, I've never been richer than when I stopped "making money."
boomers have borrowed from future generations. Greediest, most self-centred generation in history
Thank you, David. It's too late for me, much too late. I'm 68 years old and have virtually nothing. I'm trying to think about how to fix that and that's going to mean having to work again. It's something I haven't had to do in a while because of my disability. But that's something no matter. Although dated your film is very helpful and giving younger Americans a warning. It's also interesting to me to know the history of pensions.
I really wish you the best of luck.
Nothing makes me sadder then seeing well aged people working minimum wage jobs.
I'm less than a year away from 40 and I fear I will end up this way as well. Retirement today feels like an unattainable dream.
So sorry for your plight.
I’m pretty sure I’ll be in the same boat. I love my life and my work though. Wishing you the very best 🙏❤️
23 here, I'm just trying to make it through today, much less worry about retiring! Cool look back to the nineties though.
Giggles!
Enjoy being young my friend, it goes by faster than you think.
Haha the nineties lol. Try early 1900's You remind me of my 5 year old who says, "dad that must be all the way back in the 1990's" like the 90's is when Wolly Mammoth's and dinosaurs roamed the earth. As the other respondent dutifully said, "enjoy being young", lucky youngster! 🤣
If you can even invest a couple thousand dollars a year, religiously, it will make a HUGE difference long term. Do your best, good luck!
There are two ingredients to a successful retirement. Time and money. At 23, you have so much time that even a small amount of money, invested regularly, will yield a comfortable retirement because of what's called "The Miracle of Compound Interest". Look it up. I'm 69 and in good financial shape, but if I'd known at 23 what I know now, I would be really, really wealthy.
@@bannedbycommieyoutube5time920 bold of you to assume we'll have an economy at that point, but I appreciate the optimism 😅
My mother worked into her early 70's. She was forced to retire when her co-workers noticed a problem. The problem turned out to be Alzheimer's disease. My father was forced to retire so he could care for her. I had to quit so I could help him. Funny how things work sometimes. Thanks Mr. Hoffman.
I've been retired for 3 1/2 years and love it. Moved out of the city, into the country. Building things like a houseboat. Work on the house, the car, and the truck.
I worked for a Fortune 500 company for nearly 20 years. I was in their stock plan and that paid off the mortgage toward the end. They had a 401(k) plan toward the end of my employment. Then the layoffs and the delisting from the NYSE that followed. I was laid off in 2001 just before the Enron scandal. I was able to get only one job since but my new employer laid me off 3 months later due to declining sales during that downturn. My money from those stocks plus the separate mutual funds dried up due to post employment insurance premiums, just living and the health issues that followed drained my account. I am now month to month with SSA and the occasional senior rebate from my city's property tax. You'll still have to pay the tax to get the rebate and keep your home! This is not retirement.
I retired at 62, 2018 after burning a year of sick leave so for all intentions it was 61, after 38 years of working nights, weekends ,holidays and mostly 6 days a week 10 to 12 hours a day paying off mortgage, cars and cash for most things at a job I loved . We have not carried over a credit card balance for over 15 years. I did work a part time job before covid but have since fully retired. I found that we saved so much that after retirement that if we only spent the same as when we were working and saving into our 401 our money would wayyyy out last us. After being a spend thrift for so many years it is different when the wife says to buy it because I can't take it with me. As for the fable of the at and the grasshopper it is difficult to act like the grasshopper after so many years of being the ant.
It's the same for my wife and me. We saved and saved and saved. Now I'm retired, and can afford to spend more, but continue to be careful out of habit.
You choose to not blow your money at the expense of retirement. Good choice. Keep an eye on the market tho, you never know when it's value will be reconsidered.
Your health is your wealth.
This 1965 song "Gold Watch Blues" written by Mick Softley come to mind after witching your film clip.
"Gold Watch Blues"
Mick Softley
I went up for my interview on the fourth day of July
Personnel man, he questioned me until I nearly cried
Made me fill in forms until I shook with fear
About the colour of my toilet roll and if my cousin's queer
"Here's your gold watch and the shackles for your chain
And your piece of paper to say you left here sane"
"And if you've a son who wants a good career
Just get him to sign on the dotted line and work for fifty years"
He asked me how many jobs I'd had before
He nearly had a heart attack when I answered, "Four"
"Four jobs in twenty years, oh, this can never be"
"We only take on men who work until they die"
"Here's your gold watch and the shackles for your chain
And your piece of paper to say you left here sane"
"And if you've a son who wants a good career
Just get him to sign on the dotted line and work for fifty years"
He took me outside to where the gravestones stand in line
"This is where we bury them, in quick-stone and in lime"
"And if you come to work for us, on this you must agree
That if you're going to die, please, do it during tea break"
"Here's your gold watch and the shackles for your chain
And your piece of paper to say you left here sane"
"And if you've a son who wants a good career
Just get him to sign on the dotted line and work for fifty years"
This story that you heard you may think rather queer
But it is the truth you'll be surprised to hear
I did not want no job upon the board
I just wanted to take a broom and sweep the bloody floor
"Here's your gold watch and the shackles for your chain
And your piece of paper to say you left here sane"
"And if you've a son who wants a good career
Just get him to sign on the dotted line and work for fifty years"
Very illuminating. Thanks for uploading. I’m 38 and can’t imagine retiring
Work is only drudgery if you hate your job. Some of the most affluent people I know are still working. There is a common misconception that because life expectancy was so low in the past that there were few old people. Most of the improvements in life expectancy have come in infant mortality rates. Even in the 19th century, if you made it out of childhood, there was an excellent chance you'd live a long life.
Thanks! Always a pleasure!
Thank you Lucie. I think that you are retired. I am happy for you that you are having that experience. I have yet to have it but your constant support increases the likelihood that maybe someday, I will.
David Hoffman filmmaker
I am 63 , living in Britain. Have worked all my life, in various, what is called low paid work, I am thankful on the whole never to had to rely on the system. Own nothing, but have not faired badly, always had a roof over my head, enough to eat. I am blessed with a close knit family. We have struggled financially, trying to make ends meet, but always managed to keep the wolf from the door, so to speak. Now I feel the situation, more so insidiously, over the last twenty years, is changing. Our so called politicians, and the corporations funding them, have only one objective, to make wealth, at any cost, for themselves and own elite, which I believe are just a few in the world from all parties. We have no one at the helm, who are there for their country or people, their god is wealth. In Britain the retirement age has been pushed time and time again up. To the point that there is talk of the younger generation not having a state pension and having to work up to maybe 70 and over. Our systems in all areas are eroding. I am thankful and selfish, that I am not long for this world, but feel terribly sad and angry for the future generations. Something is got to give . I feel anger around me on a level I have never felt in my live, from all walks of life, young and old.
I felt a similar but more intense anger in 1968 in the USA. Everyone seemed angry. But by 1972, it had mellowed. Thank God.
David Hoffman filmmaker
This resonates with me, at 63 in the US.
I'm 61 and retired 3 yrs ago then relaxed going to the gym and doing track days and car shows, the wife wanted me to cook and the kids were a pain working at home I had to stay quiet, so I went back to work lol
Damn good decision. Just don't push yourself "buhb"
David Hoffman I just finish reading through your description before I watch your film clip, I like to say I hope you live a long health life, and your children are at the age where they can take care of themselves financially. 😊
I can retire right now at 65, with enough money to last me for the rest of my life, providing that I die next month...
A very worthwhile film to watch about an important subject. So much to learn and consider.
Thank you for your comment. If your resources allow, I would sure appreciate your using the THANKS button under any of my videos including the one you have commented on. It is something new that RUclips is beta testing and would mean a great deal for my continuing efforts.
David Hoffman filmmaker know
"I think about having time to do more things."
The time to do more things is before you have "time" to do more things.
The lie. The stink of it. Flows freely in hindsight.
68, still working fulltime as labourer. Liking it still. Probably til 70, but the big changes are inescapable
I’ll have to watch this again, it left me with more questions than answers!
If I had known I was going to live this long, I would've taken better care of myself! Lol😂✌
good one
@@dotheymakethatformen thanks👍
Good Friday afternoon Mr Hoffman thanks for sharing this video. 👍👍 We can learn from this.📸🙂
My mortgage won’t be paid until I’m over 80. 58 still pipe fitting, I’m in for the long run … win the game.
Experience is a game changer!
I'm 41 I'm going to retire at 55 and live to be 105 💪🏽
Careful what you wish for. Caring for my elderly mother I met a lot of super-old people who said there were living longer than they wanted to. Two stopped eating to speed things up. They weren't depressed, just impatient.
Hope you like old people! if you retire at 55 most of your peers will still be working. Who will you spend time with? You might as well work!
@@lovemesomeslippers I will be spending time with younger women but they better have their own income too weather I spoil them or not no major gold diggers
@@JerryStevens I will have to roll the dice to see what happens
@@lovemesomeslippers why not do the things you really enjoy or the things you haven't had time to do.
Im a hard worker and enjoy the work i take on, but i look forward to a time i don't have to do it.
There's a chance that won't happen, so i live life to the fullest when Im able, but it's definitely something to look forward to.
If not, what's the point of being here?
Alot of unexpected variables that can potentially hinder your retirement plan. Lost of job, divorce, long life, bad financial/business decisions, and other factors that you can not control like inflation. I like to retire one day but that day keeps moving further and further away.
Really good, and really important documentary. My response to the comment "people think about the future when they have children" would be, "people think about the future when they think they have one."
We could all "retire" to the extent that we could after age X "comfortably", except for the 800lb gorilla in the room - Capitalism. My father, a lifelong republican who rejected and refused any criticism of the American system, despite being a Depression baby (1932), worked as an accountant until he was 81 or 82 (he died at 83). Sure, he invested in retirement funds, but he (and his wife) were never well off, and had to constantly work nonetheless. Not because they loved their profession, but because they needed to keep going. Perhaps some of that drive was due to having grown up in the Depression, but they literally didn't stop until they couldn't continue. Healthcare was a huge factor, but there was also the simple factor of "who is going to care for us?". All the siblings lived out of state. They weren't working/saving for retirement, they were doing it for basic healthcare and survival.
Forward to the next generation post-their deaths, and at least 2 of us 3 siblings are going to have to work until we can't. Thanks to a small inheritance, I managed to buy my own apartment (outside the US and taking advantage of the exchange rate, and don't think for a second that I'm not grateful). We can't simply "get a job" at our age (I'm 61), so we have to learn to be "entrepreneurs". Myself, I translate now, so I will always have work. However, I will have to keep doing it as long as I possibly can. Winning the lottery is the unofficial "retirement plan", as it is for many people I suspect. The one thing in my favor is that I'm still healthy and in the country where I currently live we have public health + a public pension, which means I don't have to factor in everything that my father needed. We joke here that we subscribe to the world's most popular health plan - "don't get sick". But that's the reality for most people around the world, not just Americans who really have it worse.
"Retirement" is just another lie peddled by the capitalist class to keep people working and from rising up. We do the work, they get the benefit. It's not sustainable.
Where are you living?
I was forced to at age 48 because of two strokes. Not what I had planned.
I will not be waiting until 65 to retire. I'm on track to retire at 55 or 56. I attribute this to my Labour Union.
Finally the U word!!! The corporations and people with untaxed wealth do not have to worry about poverty.
Very well done program!
Thank you Philippe.
David Hoffman filmmaker
The lady at about 3:00 is propagating the misconception that no one lived to an old age before the 20th century.
Because there was no knowledge that bacteria was associated with disease until the year 1900, many people died at young ages from bacteria related diseases. The infant mortality rate was extremely high then because of it.
This means that the overall average age of death was lower, because of all those people who died younger or in their youth was averaged in.
To suggest though that hardly anyone lived past 70 is just incorrect. LOTS of people did.
People lived into their 70s during Roman times even.
Thanks I thought so too.
Great documentary. So true.
Thank you John for your comment. If your resources allow, I would sure appreciate your using the THANKS button under any of my videos including the one you have commented on. It is something new that RUclips is beta testing and would mean a great deal for my continuing efforts.
David Hoffman filmmaker
@@DavidHoffmanFilmmaker I'll do this when I get home ;) Maybe you could tell us your whole story one day.
@@johno3288 it sounds like a reasonable idea John. One day.
David Hoffman filmmaker
Maybe
We don't say the "R-word" in our house😀
No real savings, but we have a lot of blessings in our life, so we'll keep om goin', the best we can.
Thanks!
Thank you.
David Hoffman filmmaker
Go as long as you are able and interested. Be a verb.
goodness these are so insightful. is that what was meant by the concept of traveling back in time?
Thank you for your comment. If your resources allow, I would sure appreciate your using the THANKS button under any of my videos including the one you have commented on. It is something new that RUclips is beta testing and would mean a great deal for my continuing efforts.
David Hoffman filmmaker
People who work for themselves rarely long for retirement.
I, essentially, retired ten years ago. I spent 39 years working construction and after rehabbing a knee replacement, I saw that my career in construction was untenable. At the same time, my father (80) needed more of my help.
So, I've been retired for 10 years now and have enjoyed it pretty much. I started taking my pension at 62 and Social Security at 65 so, in addition to my investments, I'm able to live pretty comfortably.
Being a pleeb, and only 29 in this modern Era, I will work the rest of my life. Retirement is simply not an option for the desperately driven. My father, his father, and all my progenitors labored till the day they died, into the clay I was born with shovel in hand and in such circumstances shall I leave.
My Father will never be able to retire. He's 62, a wide load truck driver hauling turbines, drilling and mining equipment, modular power structures, etc. A health emergency more than ten years ago where his gall bladder became infected and nearly ruptured inside his body while he was on the road, 800 miles from home almost killed him. He suffered for three days in the back of his semi before calling the ambulance, the ride and emergency surgery to save his life costed him $75,000 out of pocket.
Maybe if you come from a moneyed background or manage to land yourself one of these fabled "good jobs" with a "good company" retirement is still an option. For the rest of us, we're never going to be able to stop working for our corporate masters.
Your health is your wealth. Work steady and save a portion of your paycheck to invest in real estate. Develop good credit. If it's easy; do it easy. If it's hard, do it hard. Just do it.
Lived in the South Bend area my whole life, didnt know studebaker shutting down had that ripple effect.
Excellent
The post work era will start before I am old enough to retire. Then the implications from that...
45 yr old with not much money to my name(not because I made egregious choices) saying this was an interesting piece of work.
Retirement ! I’m tired again!!! Retired! Lol
glad I traveled the world in my 20s and didn't wait until I was given permission to from societal pressure
I was born in 79, I’ve been working full time since I was 20 and I know I’ll never see retirement. I would love to opt out of the SS pyramid scheme, they keep raising the age to for SS so I live and spend like I’m going to die tomorrow. I waste my money on assets that won’t get stolen in the stock markets either, 401k is a scam to screw hard working people out of their money too.
That's 'stinkin' thinkin'.
Read self help books to give you a better outlook.
Life's hard. You are giving up too soon.
Hi David. I would like to ask you about the specific quality of Ampex recordings. It was a very profound and recognizable technique. Did you ever use this medium? I find its grey tones very special. Could or would you elaborate us about this technique? Many thanks.
I tried to answer specific questions like yours in detail as a reward to my patrons (www.patreon.com/allinaday). I do hope that you understand. Thank you.
David Hoffman filmmaker
I am blindly hoping my 401k is enough. I check it a week ago and it was down $25k this year even though I put $10 into it. Pretty scary.
When I retire I want to sit around and vegetate man, I want to watch the TV and computer and not have to fight against everything needing fixing and repair, and all the paperwork and checking, and I want to do my hobbies and just go to the shops, I won't need to travel I have done that, in my experience travel was unnecessary
I remember my dad telling me how he would have retirement parties at his work and not too long after he would be going to their funerals.
Interesting fact: There is no word "retirement" in the Hebrew language.
What you're trying to imply requires terribly false logic to be true
It is a fact that the later in life that you work, especially physical or high stress jobs, the younger you will die.
An employer has to do your retirement for you, an employee never could do that on the fly
I'm trying to retire because of my age and health. Until the last several months my 401k looked great. I guess when the govt spends trillions of dollars, cripples the fuel industry, and overregulates things such as fertilizer (just look at Sri Lanka) you have people struggling just to survive.
Welp,
Life is a b….. Graduate of that school.
My reasoning is …
prepare for being down. I don’t mean war, riots, famine or nuclear war. I mean having finances to cover food, bills and such for months.
Buy a shot gun? It will rust before you need it and find out it’s worthless and the ammo is ,,. F.
I’ll work until I drop.
Jes my nature.
I'm going to assume there's a sarcasm somewhere there. However, if truly believe that then would like to see sources of your examples.
If you don’t understand how the government can spend the peoples money on the people, please do some reading. If you think the fuel industry has been crippled, please look at their record profits for this year. And fertilizer is a worldwide problem right now, partially brought on by the war in Ukraine. That area is a leader in fertilizer production.
Yep, the pirates of Wall Street, robbed my 401k in 2001 and then again in 2008, I’m 68 and still working.
Wall Street, the true Mafia
That's awful.
@@syrenasketches6902 I’m not the only one, that is the even sadder part.
@@Saturnia2014 a Ponzi scheme at its best.
1954, I got u by two. I suffered frm 80's Recession. I had stocks/bonds & lost all of it, just to survive. I ALWAYS worked hard/worked all the OT I could get. I dont think I had COVID but the era aged me 10 yrs. I was forced to quit & cant even work part time. If I can, I WILL. When walmart paid seniors as greeters, I talkd to a woman who told me her neighbor who was 81 had to go back to work bc he couldnt live on the money. This isn't right! On 401K, what's a four letter word begins with F and ends in K? (F**K)? Nope, 401K! But they mean the same. 🙄🇺🇸
wow everything for sale on ur channel is outrages in price.. sad to know that yt creators aren't satisfied with just comments..
I have no idea what you were talking about. There is nothing for sale on my channel.
David Hoffman filmmaker
If there was to be something for sale, you should pay for what you consume. No one owes you free entertainment and education. What you get from David is worth it.
@@DavidHoffmanFilmmaker I see "shop the David Hoffman store" under the comment section before you click comments to open them up for reading. Lots of things listed. Must be what they are talking about.
Says "From Spring". Maybe it's not him selling the stuff.
@@TheAlphaOmegaX3 It's Hoffman MERCH. High quality items supporting David's efforts. Try it, you'll like it!