40 years factory work, 21 of them no window. I sometimes only could see the sun at my 15 minute break and lunch. Now, when the weather is good, I can walk under the sun and see the sky. I don't need some amazing adventure to brag to others about. For the first time in 60 years I own my life. I don't know how long the rest of my life will be, but when I die I will die getting to live my life. 3 of my coworkers and one of my sisters died before getting to retirement. I have already had a year more of freedom than they ever got to experience. Retired time goes by fast, this first year seems like a long weekend.
That is so true, I found as I woke up to saving hard in my 50’s for my retirement. Putting work bonus payments into pension etc and carrying out analysis of projected funds V spending and seeing if my money would last, once I knew I had hit the financial plans work point, my desire to work lessened and my desire to do what I want to do grew. I have a granddaughter in the USA and I was/am determined to see her grow via regular visits. I don’t want to be a once a year trip grandad. I have seen a few friends and acquaintances die early, fall into poor health. While some we cannot control what we can control is not be working till 67 or more and finding we have no health left to enjoy life. The UK government is planning on raising the state retirement age to 68 in the mid 2040’s and maybe higher. Which will be taking us back 100 years to when people worked then many died within 5 years of stopping work. I love the fact my days are mine and I am in reasonable health. Golf 4-5 times a week 9/18 holes has me walking 14 + miles or more. Life is food
My husband and I traveled very cheaply and a lot when we were first married. We had 11 years before our one and only child was born. We enjoyed being parents to a young child together but then, shortly after we both turned 50, my husband succumbed quickly to an unexpected terminal illness. If we hadn't made the most of our young married life and waited to travel during retirement, I wouldn't have the beautiful memories I do now. ❤
I can so relate to this. I retired at 56 with all our plans. Blow 1 was my 1st day of retirement. It was the 1st day of Covid lockdown in the UK. Plans out the window for about 2 years. Blow 2 was last July. I fell off a ladder in my garden, tending a small tree. The fall was only about 8 feet, but I fell on a statue. Badly broke 5 ribs, 3 of which have been plated, pierced a lung to which a piece had to be cut away and had a piece of rib hooked in my diaphragm. Spent 1 month in hospital and a 4 hour operation. Nerve damage means I have numbness all around my middle and my abs have bulged into my torso. I've been told that this will probably remain with me now. So much for the 6 pack but things could have been much worse and im very happy and grateful to still be here I also have diaphragmatic paralysis where my right Diaphragm is stuck due to nerve damage, constricting my right lung space. Another operation is coming in April for this. It will never be cured, but hopefully will help my breathing. Thankfully I am quite fit and that is helping my recovery. I can walk normally now but struggle to bend down or walk up hill as I can't breath properly to do that. I love walking and hiking and this time last year I was doing that in the Himalayas of North India. I like many others have also had to contend with volatile financial markets during this first 5 years of retirement. I have and am definately going through that curve as I've had to reevaluate with my wife what we do and when. No one knows what's around the corner. Ive come to terms with the numbness and the muscle bulging, but still have that fear of what this has all done to me and how much Ionger I have left. I guess that is a natural reaction We are trying to live for today, but I still wrestle with ensuring we don't go mad re spending as we may well have many years left. Its a conundrum and a challenge to get the balance right, but I'm sure from this video that I'm not alone My joy is helping people make travel choices through my own small RUclips channel. That's been put on hold for the last 8 months but Im determind to get it up and running again this year Best wishes to everyone
Good evening both. I've been following you for a while now and love the fact that you don't say how much you have because quite rightly that's your business. However i have been working on the railway for 41 years now as both a traindriver and 18 years as a train driver manager and 2 year ago a friend of mine who I'd worked with in the same office unfortunately he was diagnosed with cancer and passed away at the age of 60. Then two further colleagues died who were younger than me. This gave me a different perspective on life and retirement. Lastly a close friend was diagnosed recently with cancer and he told me great quote, "you can buy most things except time itself". I was very worried about retirement but this made me think it doesn't matter about money if you don't have time.
I filed for my SS this morning. Doing it whether or not I am prepared. I have had some chronic issues and don't see my go go years lasting as long as I thought... so I am 'going' now. In 2019 I broke both ankles, yes at the same time. My future plans were to take some grand vacations and work pretty much till I passed. Just taking a month here and there and doing all the 'things'. Because I never had a great retirement plan. But after that event, I had a huge shift in my mind because of the physical problems that have had a domino effect. Recovery from that sort of thing isn't the same as if you are young. It took me about 3 years to be able to really walk without pain. Meanwhile work was agonizing and I decided it was time to make an exit strategy. So here I am at almost 62... downsized, debt free, and a little bit saved and I will be done in a few months with being a worker bee.
just an insight, it seems everyone wants to slim down and bottom line the best way is to EAT LESS, just wait this is related to retirement. So many spend trying to slim down, and very few encourage eating less. so just recently i realized out of habit, i shop and go to grocery weekly, and after over a week i start throwing out my unconsumed food. i have know i over shop but have been ignoring it. i also keep a small stash of food in case of ........end of the world scenario? segway to present day...... wanting to loose a couple of lb to be healthier, i started eating less, being conscious of what i eat, i take stock of the food i have and i remind myself to consume first the food i already have at home. so now i food shop only when i need to food shop, saves alot of money.
One of your earlier videos had a profound impact on my life on a daily basis. It seems trivial, but you know it is not. I now take a lot more care going down the stairs than I used to. It is your specific incident that I think of as I go down. Thank you.
🌻 My testimony: my dad died of polio at 26 when I was 1 and my mom was pregnant w/ my brother. My husband of 24 years died at age 45 from gout. In Jan, my mom died just before her 76th birthday from a stroke. I decided I'm not waiting on 401k to be perfect. I retired in March at age 53. I knew I would be limited in where I could live, but God blessed me with an unexpected income stream, RUclips, where I am sharing my story with others. Hope you know that you are blessed to be alive and everything will work out the way it's supposed to. ❤🌻🏆🙏🏽
Thought sparking video. 👍 This was my journey falling off a roof almost 5 years ago. Almost at acceptance but more at the pissed off at my pitty party 🥳 mindset. Which I'm correcting.
Great video! Our lives can change in a moment so live in the present without fear and be aware that we are resilient beings if we have challenges to meet.
Oh, what a wonderful video. YES, I do worry about the financial aspect. I am only 9 months into retirement, and moved and now I am considered an ‘expat’. My greatest talent….saying the strangest things at the most inappropriate time. It’s a GIFT. My nightly mantra before sleep, is to wake up in the AM, bursting with gratitude, ready to live the day filled with happiness, joy and abundance, to make at least 1 person smile and to be the best version of myself possible. It has not failed me yet. I am still amazed that living with less does bring me more. Julie…..you have got this, and many of us are behind you and at your side. HUGE hugs to you from Chiang Mai.
1560 weeks left to Live! Great video Neil. Always enjoy the perspectives that are shared on the channel. I retired early a couple of years ago. The tipping point for me was looking at my age and the average life expectancy. At 52 with an average life expectancy of 82 it equated to 30 years or 1560 weeks. Of those weeks I wondered how many would I be sick? Either with a cold today or sicker when older? How many weeks would be filled with awesome fun? Breaking down how much time I have to enjoy life by weeks really hit home. Thanks again for the great content! Tony
My wife had to retire in her 30s due to Chronic Fatigue Syndrome. I hope the people who will have to retire with Long Covid get the support they deserve
it’s one thing to worry about retirement in the abstract, but it’s another to watch your savings evaporate right before your eyes. I’ve spent decades working hard, contributing to my 401(k), and making what I thought were smart investments. But now? I feel like I’m back at square one. The dream of retiring comfortably traveling, spending time with family, maybe even leaving something for the kids, it’s slipping away.
A requirement for our home we bought for retirement was that it didn't have stairs. Mostly because we figured it would be hard for us to climb the stairs as we got older. Also, if we end up in wheelchairs, a one-story home would be best. Didn't even think of what would happen if we fell.
I, 61 am a full time carer for my mother, this, more than anything has pushed me to look at my future years. I intend to retire in Cambodia, (its cheap and easy, and I love it there) I am also taking small amounts of my superannuation to travel whilst I am fit enough. My mother laments she cannot do the things and go where I can. If she passes before my retirement age, I can still live on my super in Cambodia quite well until retirement and getting an age pension which is more than enough there.
@tukicat1399 you've got a focus, you're doing your duty looking after your mum and got a plan to be good to you when the time arrives. In the same boat as you, caring for my mum, then I'm off to Asia to live a simple and slow life.
@@AG-so4gl I think “retirement” has changed over the past decade. I am almost 60 and to me like many, retirement means stopping paid work and living the rest of your life on savings, investments and/or pensions. But to many others “retirement” is no longer being employed by someone else, earning a regular weekly wage, to them it’s being able to do what they want, when they want, where they want.
Fair point. My view is that their blogging is a hobby like making music, writing a book, bee keeping, wine making, gardening ... all could be done with some monetary gain. So they are no different than a large part of the retired crowd. They have already explained they don't make much from RUclips and if you factor in equipment cost, the income won't suggest they are doing this for a living. All hobbies require time and effort, so I think mindset is important here and for me this is retired.
A little over a year ago, a coworker of mine suddenly started having a variety of medical issues. It eventually was diagnosed as stage four brain tumor which was immediately removed. He was only 59 and had more than enough to retire, but had kept working because he enjoyed his job and was going to wait a few more years until his wife could also retire. The surgery was successful, but his long term prognosis isn't that great. His retirement plans are definitely not what he had planned. Add this to my experiences of other coworkers either dying before they could retire or those passing, soon after retirement has led me to plan my early retirement. I can retire now, but am waiting for a little while longer. I've made the decision that I'd much rather risk running out of money than running out of life.
The best video you ever made Neill. 10/10. I think you lost your calling in life. Well done !! Also if you’re ever in co Clare in Ireland again we have a holiday apartment you can use for a week 😊
Hi Neil, I've been following your journey for a couple of years, you are the true "Renaissance man". Lovely sunshine over your head! Alicante? I'm looking for options in the future, would love a video from the area you and Sarah chose. Cheers!
I’m frightened by the current rise and blind acceptance by so many of right wing authoritarianism/tyranny and the threat that it imposes on global economic and geo political stability. More directly, I’m deeply concerned about the negative impacts this will have on my retirement portfolio and way of life!
I think people need to be more aware of TIME, and it's value. If you are poor, but 25 years old, you are better off than Bill Gates, Elon Musk, and Jeff Besos combined. They would all give up every dime of their money to be 25 again.
UK society is changing before our eyes and not somewhere we now want to be in later life, so our thoughts are now to retire abroad. Its a big change to our retirement plans but we are turning a negative situation into a positive and exciting one. Wish us luck
@@KeithPierce1000 Me too, and after 100's of hours research and several trips I'm going to Malaysia to start over, the UK for me is done for. So many positives there! What a complete contrast. Good luck with all you do x
The way things are going, the UK is over and it will probably be irreversible. I'm looking at alternatives for when I fully retire in a year or 2, probably in Europe or South East Asia. One problem is the frozen state pension in many countries, if you leave Europe.
I’m 6 weeks away from retirement at age 60. I’m never going to be rich in money terms, but the thought of stopping work whilst I’m still active is making me feel like a millionaire. 😂
Hi Neil, I retired at 63 via being made redundant but had already planned to retire at 64 5 months later. I had already switched off from work as April 2023 I had said this is my last year. I was 5 years in of working from home and I had converted part of the garage into a utility/ office for me. I was starting to resent having to be in there each day and not be on the golf course or doing what I wanted to do. This week we have just been told my wife’s younger sister at 63 has contracted a terminal illness, and more than Likely will pass within 6 months leaving a 27 year old daughter. She was in a good paying job and had been planning on retiring but that’s been taken From her as part of this illness is similar problems to having dementia. There is a possibility that the illness is genetic so her daughter and sisters may also be at risk. As others have said you can’t buy time or health, if there is one good thing that will come from when i eventually die it will be that my three children inherit money that will then impact and boost their retirement savings, so they too will have more control of when they leave the rat race
I was looking forward to a life of travel and adventure in retirement then got diagnosed with coeliac disease in my mid 40s. No more travel for me or it will be totally miserable, or I allow food to kill me slowly. Going with #3. I have been, and will be demonised for saying that by the toxic CD 'community', but everyone can butt out of my life and my choice.
I like you guys, but every video seems to be a bit click baitfish so I pretty much stopped watching. Would love if you could tone it down and just be more real.
Great thought provoking video Neil thank you. A suggestion for a future video if I may. What thinking led to you selling your home and how it helped you turbo charge and bring forward your retirement? Hope Sarah is better soon. Take care guys 😀👍
For me, it's the Freedom. I like your FIRE videos the basics on getting to the Freedom. I will shoot for 62 since this is when I can draw social security. 59 1/2 is a magic number for a lot of Americans this is when the 401K and Roth IRA can be taken without penalty. I hope no tax on SS happens and the market stays good. Medical costs are always a huge expense.
40 years factory work, 21 of them no window. I sometimes only could see the sun at my 15 minute break and lunch. Now, when the weather is good, I can walk under the sun and see the sky. I don't need some amazing adventure to brag to others about. For the first time in 60 years I own my life. I don't know how long the rest of my life will be, but when I die I will die getting to live my life. 3 of my coworkers and one of my sisters died before getting to retirement. I have already had a year more of freedom than they ever got to experience. Retired time goes by fast, this first year seems like a long weekend.
Enjoy your retirement , you've earned it
That is so true, I found as I woke up to saving hard in my 50’s for my retirement. Putting work bonus payments into pension etc and carrying out analysis of projected funds V spending and seeing if my money would last, once I knew I had hit the financial plans work point, my desire to work lessened and my desire to do what I want to do grew.
I have a granddaughter in the USA and I was/am determined to see her grow via regular visits. I don’t want to be a once a year trip grandad.
I have seen a few friends and acquaintances die early, fall into poor health. While some we cannot control what we can control is not be working till 67 or more and finding we have no health left to enjoy life.
The UK government is planning on raising the state retirement age to 68 in the mid 2040’s and maybe higher. Which will be taking us back 100 years to when people worked then many died within 5 years of stopping work.
I love the fact my days are mine and I am in reasonable health. Golf 4-5 times a week 9/18 holes has me walking 14 + miles or more. Life is food
Same. From age 20-30 i worked shifts in a Factory. I had no Friends no nature and no Outlook. Life is now.
Sounds like you really like the sun. I’d rather have a nap at work.
My husband and I traveled very cheaply and a lot when we were first married. We had 11 years before our one and only child was born. We enjoyed being parents to a young child together but then, shortly after we both turned 50, my husband succumbed quickly to an unexpected terminal illness. If we hadn't made the most of our young married life and waited to travel during retirement, I wouldn't have the beautiful memories I do now. ❤
I can so relate to this.
I retired at 56 with all our plans.
Blow 1 was my 1st day of retirement. It was the 1st day of Covid lockdown in the UK. Plans out the window for about 2 years.
Blow 2 was last July. I fell off a ladder in my garden, tending a small tree. The fall was only about 8 feet, but I fell on a statue. Badly broke 5 ribs, 3 of which have been plated, pierced a lung to which a piece had to be cut away and had a piece of rib hooked in my diaphragm. Spent 1 month in hospital and a 4 hour operation. Nerve damage means I have numbness all around my middle and my abs have bulged into my torso. I've been told that this will probably remain with me now. So much for the 6 pack but things could have been much worse and im very happy and grateful to still be here
I also have diaphragmatic paralysis where my right Diaphragm is stuck due to nerve damage, constricting my right lung space. Another operation is coming in April for this. It will never be cured, but hopefully will help my breathing. Thankfully I am quite fit and that is helping my recovery. I can walk normally now but struggle to bend down or walk up hill as I can't breath properly to do that. I love walking and hiking and this time last year I was doing that in the Himalayas of North India. I like many others have also had to contend with volatile financial markets during this first 5 years of retirement.
I have and am definately going through that curve as I've had to reevaluate with my wife what we do and when. No one knows what's around the corner. Ive come to terms with the numbness and the muscle bulging, but still have that fear of what this has all done to me and how much Ionger I have left. I guess that is a natural reaction
We are trying to live for today, but I still wrestle with ensuring we don't go mad re spending as we may well have many years left. Its a conundrum and a challenge to get the balance right, but I'm sure from this video that I'm not alone
My joy is helping people make travel choices through my own small RUclips channel. That's been put on hold for the last 8 months but Im determind to get it up and running again this year
Best wishes to everyone
Wow! Wishing you good luck this year. You must be due some good luck…
@despoticmusic thank you. Im getting there. Things could certainly have been a lot worse
Good evening both. I've been following you for a while now and love the fact that you don't say how much you have because quite rightly that's your business. However i have been working on the railway for 41 years now as both a traindriver and 18 years as a train driver manager and 2 year ago a friend of mine who I'd worked with in the same office unfortunately he was diagnosed with cancer and passed away at the age of 60. Then two further colleagues died who were younger than me. This gave me a different perspective on life and retirement. Lastly a close friend was diagnosed recently with cancer and he told me great quote, "you can buy most things except time itself".
I was very worried about retirement but this made me think it doesn't matter about money if you don't have time.
I filed for my SS this morning. Doing it whether or not I am prepared. I have had some chronic issues and don't see my go go years lasting as long as I thought... so I am 'going' now. In 2019 I broke both ankles, yes at the same time. My future plans were to take some grand vacations and work pretty much till I passed. Just taking a month here and there and doing all the 'things'. Because I never had a great retirement plan. But after that event, I had a huge shift in my mind because of the physical problems that have had a domino effect. Recovery from that sort of thing isn't the same as if you are young. It took me about 3 years to be able to really walk without pain. Meanwhile work was agonizing and I decided it was time to make an exit strategy. So here I am at almost 62... downsized, debt free, and a little bit saved and I will be done in a few months with being a worker bee.
Is SS Social Security and the equivalent of a UK State Pension?
just an insight, it seems everyone wants to slim down and bottom line the best way is to EAT LESS, just wait this is related to retirement. So many spend trying to slim down, and very few encourage eating less. so just recently i realized out of habit, i shop and go to grocery weekly, and after over a week i start throwing out my unconsumed food. i have know i over shop but have been ignoring it. i also keep a small stash of food in case of ........end of the world scenario?
segway to present day...... wanting to loose a couple of lb to be healthier, i started eating less, being conscious of what i eat, i take stock of the food i have and i remind myself to consume first the food i already have at home. so now i food shop only when i need to food shop, saves alot of money.
One of your earlier videos had a profound impact on my life on a daily basis. It seems trivial, but you know it is not. I now take a lot more care going down the stairs than I used to. It is your specific incident that I think of as I go down. Thank you.
🌻 My testimony: my dad died of polio at 26 when I was 1 and my mom was pregnant w/ my brother. My husband of 24 years died at age 45 from gout. In Jan, my mom died just before her 76th birthday from a stroke. I decided I'm not waiting on 401k to be perfect. I retired in March at age 53. I knew I would be limited in where I could live, but God blessed me with an unexpected income stream, RUclips, where I am sharing my story with others. Hope you know that you are blessed to be alive and everything will work out the way it's supposed to. ❤🌻🏆🙏🏽
Thought sparking video. 👍
This was my journey falling off a roof almost 5 years ago. Almost at acceptance but more at the pissed off at my pitty party 🥳 mindset. Which I'm correcting.
Great video! Our lives can change in a moment so live in the present without fear and be aware that we are resilient beings if we have challenges to meet.
Oh, what a wonderful video. YES, I do worry about the financial aspect. I am only 9 months into retirement, and moved and now I am considered an ‘expat’. My greatest talent….saying the strangest things at the most inappropriate time. It’s a GIFT. My nightly mantra before sleep, is to wake up in the AM, bursting with gratitude, ready to live the day filled with happiness, joy and abundance, to make at least 1 person smile and to be the best version of myself possible. It has not failed me yet. I am still amazed that living with less does bring me more.
Julie…..you have got this, and many of us are behind you and at your side. HUGE hugs to you from Chiang Mai.
Another great video. Some great "wake up calls" in there. Thanks so much. Excited to see the Spain home update.
1560 weeks left to Live!
Great video Neil. Always enjoy the perspectives that are shared on the channel. I retired early a couple of years ago.
The tipping point for me was looking at my age and the average life expectancy.
At 52 with an average life expectancy of 82 it equated to 30 years or 1560 weeks.
Of those weeks I wondered how many would I be sick? Either with a cold today or sicker when older? How many weeks would be filled with awesome fun?
Breaking down how much time I have to enjoy life by weeks really hit home.
Thanks again for the great content!
Tony
Thanks Neil - this certainly puts things into perspective!
My wife had to retire in her 30s due to Chronic Fatigue Syndrome. I hope the people who will have to retire with Long Covid get the support they deserve
Great video neil very good advice I think everyone has a skill or knowledge that can help others. Hope Sarah feels better soon 👍
One of your best videos! 👏🏻👏🏻👏🏻
it’s one thing to worry about retirement in the abstract, but it’s another to watch your savings evaporate right before your eyes. I’ve spent decades working hard, contributing to my 401(k), and making what I thought were smart investments. But now? I feel like I’m back at square one. The dream of retiring comfortably traveling, spending time with family, maybe even leaving something for the kids, it’s slipping away.
A requirement for our home we bought for retirement was that it didn't have stairs. Mostly because we figured it would be hard for us to climb the stairs as we got older. Also, if we end up in wheelchairs, a one-story home would be best. Didn't even think of what would happen if we fell.
I, 61 am a full time carer for my mother, this, more than anything has pushed me to look at my future years. I intend to retire in Cambodia, (its cheap and easy, and I love it there) I am also taking small amounts of my superannuation to travel whilst I am fit enough. My mother laments she cannot do the things and go where I can. If she passes before my retirement age, I can still live on my super in Cambodia quite well until retirement and getting an age pension which is more than enough there.
@tukicat1399 you've got a focus, you're doing your duty looking after your mum and got a plan to be good to you when the time arrives. In the same boat as you, caring for my mum, then I'm off to Asia to live a simple and slow life.
Brilliant Neil this is very on point :) Hope Sarah gets well soon ❤️
Strictly speaking your no longer retired, your a travel vlogger, given the time and effort involved 😊
@@AG-so4gl true, but he answers to no one and can stop whenever he wants.
@@AG-so4gl I think “retirement” has changed over the past decade. I am almost 60 and to me like many, retirement means stopping paid work and living the rest of your life on savings, investments and/or pensions.
But to many others “retirement” is no longer being employed by someone else, earning a regular weekly wage, to them it’s being able to do what they want, when they want, where they want.
If Sarah is suffering from
Sciatica try cupping especially as it worked wonders for me and could work well for Sarah.
Looks like the Retirement Police have showed up!
Fair point. My view is that their blogging is a hobby like making music, writing a book, bee keeping, wine making, gardening ... all could be done with some monetary gain. So they are no different than a large part of the retired crowd. They have already explained they don't make much from RUclips and if you factor in equipment cost, the income won't suggest they are doing this for a living. All hobbies require time and effort, so I think mindset is important here and for me this is retired.
A little over a year ago, a coworker of mine suddenly started having a variety of medical issues. It eventually was diagnosed as stage four brain tumor which was immediately removed. He was only 59 and had more than enough to retire, but had kept working because he enjoyed his job and was going to wait a few more years until his wife could also retire. The surgery was successful, but his long term prognosis isn't that great. His retirement plans are definitely not what he had planned. Add this to my experiences of other coworkers either dying before they could retire or those passing, soon after retirement has led me to plan my early retirement. I can retire now, but am waiting for a little while longer. I've made the decision that I'd much rather risk running out of money than running out of life.
Ouch Neil. I sprained my wrist tripping over my dog a few years ago.
What a great video. Very engaging and interesting. It's nice to hear experiences that give us something to think about. Thanks 👍
The best video you ever made Neill. 10/10. I think you lost your calling in life. Well done !! Also if you’re ever in co Clare in Ireland again we have a holiday apartment you can use for a week 😊
I Said , That's Enough . 10 years in , So Far So Good !
Hi Neil, I've been following your journey for a couple of years, you are the true "Renaissance man".
Lovely sunshine over your head! Alicante? I'm looking for options in the future, would love a video from the area you and Sarah chose. Cheers!
I’m frightened by the current rise and blind acceptance by so many of right wing authoritarianism/tyranny and the threat that it imposes on global economic and geo political stability. More directly, I’m deeply concerned about the negative impacts this will have on my retirement portfolio and way of life!
I think people need to be more aware of TIME, and it's value. If you are poor, but 25 years old, you are better off than Bill Gates, Elon Musk, and Jeff Besos combined. They would all give up every dime of their money to be 25 again.
UK society is changing before our eyes and not somewhere we now want to be in later life, so our thoughts are now to retire abroad. Its a big change to our retirement plans but we are turning a negative situation into a positive and exciting one. Wish us luck
@@KeithPierce1000 Me too, and after 100's of hours research and several trips I'm going to Malaysia to start over, the UK for me is done for. So many positives there! What a complete contrast. Good luck with all you do x
@@grahamlawton9488 Same to you mate enjoy your future.
The way things are going, the UK is over and it will probably be irreversible.
I'm looking at alternatives for when I fully retire in a year or 2, probably in Europe or South East Asia.
One problem is the frozen state pension in many countries, if you leave Europe.
I’m 6 weeks away from retirement at age 60. I’m never going to be rich in money terms, but the thought of stopping work whilst I’m still active is making me feel like a millionaire. 😂
Minnesota, USA
Has the change in tax rules about foreign ownership (non EU citizens) of Spanish homes presented a problem for you?
Blue!
Hi Neil,
I retired at 63 via being made redundant but had already planned to retire at 64 5 months later.
I had already switched off from work as April 2023 I had said this is my last year. I was 5 years in of working from home and I had converted part of the garage into a utility/ office for me. I was starting to resent having to be in there each day and not be on the golf course or doing what I wanted to do.
This week we have just been told my wife’s younger sister at 63 has contracted a terminal illness, and more than Likely will pass within 6 months leaving a 27 year old daughter. She was in a good paying job and had been planning on retiring but that’s been taken From her as part of this illness is similar problems to having dementia. There is a possibility that the illness is genetic so her daughter and sisters may also be at risk.
As others have said you can’t buy time or health, if there is one good thing that will come from when i eventually die it will be that my three children inherit money that will then impact and boost their retirement savings, so they too will have more control of when they leave the rat race
I was looking forward to a life of travel and adventure in retirement then got diagnosed with coeliac disease in my mid 40s. No more travel for me or it will be totally miserable, or I allow food to kill me slowly. Going with #3. I have been, and will be demonised for saying that by the toxic CD 'community', but everyone can butt out of my life and my choice.
I like you guys, but every video seems to be a bit click baitfish so I pretty much stopped watching. Would love if you could tone it down and just be more real.
Great thought provoking video Neil thank you. A suggestion for a future video if I may. What thinking led to you selling your home and how it helped you turbo charge and bring forward your retirement?
Hope Sarah is better soon. Take care guys 😀👍
For me, it's the Freedom. I like your FIRE videos the basics on getting to the Freedom. I will shoot for 62 since this is when I can draw social security. 59 1/2 is a magic number for a lot of Americans this is when the 401K and Roth IRA can be taken without penalty. I hope no tax on SS happens and the market stays good. Medical costs are always a huge expense.