That is so true. No one reaches out once you are gone. Sometimes they don’t even get a replacement for your job you retired from. It’s like it didn’t matter if you worked there or not. They survive with or without you. The best advice ever given to me was… retire early. I will never regret it. Yesterday was a beach day and it was a weekday. That never happened unless I was on vacation. Thanks for your content Joe! 😊
I was also a corporate project manager, retired 35 days ago although older than your other subscriber. I retired to a 3 hour job at the local elementary school just helping with the lunch rush. The kids are so awesome and a joy to be around. I am there because I want to, not because I have to! I also have more energy and sleep better. Only contact with my former co-workers was regarding an unexpected death of a colleague. I am thankful I was told about it. However, no questions about work at all. Works for me!
Joe, you helped me to make the leap and retire. Thank you so much! I retired at the end of April of this year. My wife and I just finished an awesome cruise to Alaska. My BIG surprise? In the past I would have thought, near the end of the cruise, “oh no, I don’t want to go home yet!” But this time I was ok with going home, and getting back to our house and life. Thanks for helping people with this chapter of our lives!!
Same. I retired in April at 55. The job has the same frustrations that made me leave according to coworkers that are still there plus there have been shocking layoffs of the more experienced people in favor of recent college grads. So sad.
Sharing some prospective from someone who’s 39. My dad ingrained in me when young to “atleast get that company match, it’s free money.” I am now 39, saving 7% Roth and 12% pre tax. 5% company match. Every year I get a raise, I put 1% into the bucket, never even missed it because I didn’t have it to begin with. It is important to take those trips with the kids and enjoy life however a slow grind can snowball. I have saved a total of $398k. I’m sharing this personal info because there’s no replacement to providing knowledge. I hope this helps someone in someway. Enjoy the journey! I hope to one day retire in my 50s because we are all replaceable
I am 52 and still work. I could probably retire now, but I am healthy, enjoy my job (100% remote since 2016 with occasional customer site visits) and the stress level is not detrimental. My company pays well, has great benefits and allows me to take time off when I want to. My wife is three years younger than me and enjoys her job also. I will re-evaluate when I am 60 to see where I am at and see if it is retirement time.
I retired 2 years ago at age 54, directly after watching one of your videos....18 months later, I went back to work because I was worried about the markets, the geopolitical situation the world finds itself in, and the fear/ "threat" that If I waited too long, I would not be able to find employment as I got older... I have been back at work now for almost 6 months, and it was a mistake...After watching this, I am putting in my notice on Monday....
Couldn't agree more with Dan (and you Joe). Retired July 1 @ 57......haven't thought about work at all (or at least very little). I did have someone reach out to me about 3 weeks in which was a huge surprise! Loving the new pace being away from corporate life. The only thing for me is that I have been so busy I haven't had time to do any of the projects I had planned to do upon retirement! 🤣 Not sure how I had any time to work in the first place! Keep up the great content.....Thanks Joe!
Retired year and half ago now age 59. Don't think about work AT ALL! Couldn't imagine going back to ANY job. FREEDOM is the word that sums my retirement. Eating much better, exercising 5 days a week, reading etc. Waiting for wife to pull the plug too. Then the two worlds collide! Lol
56 now, retired a little over 4 months ago. Only took me about a week to stop thinking about work. I was an engineer, I liked my job and was good at my job but I don't miss it at all. I was always of the opinion that I was working to pay the bills, once I had enough savings to pay the bills there is no reason to work. Doesn't matter how stress free you think your job is, you will be amazed at how much stress you were under once it's gone.
I retired at age 47, which was ten years ago. I distinctly remember spending my first month doing tow things: (a) running all the financial calculators online to see if I was going to run out of money, and (b) astonished that everyone else --delivery man, postal worker, water meter reader, grocery store clerk, etc--is still working so I'm a non-contributing member of society.
Retired 4 months. We are replaceable at work and I am good with that. Biggest response to my retirement is "Oh I could not retire now... I'm just not ready." Reasons range from financial concerns to an expectation of inactivity. I am happy and thankful in both of these areas! These are great days! Thanks for the Bolden notes. I found them through your channel. I did the 14-day trial and yesterday I saw "Bolden" on the invoice. Now I have bigger ideas on ROTH conversions and see the RMD impacts too. This is excellent. I will take them to my planner. Big win there.
Joe, thank you for sharing your experience, I have been a dedicated listener. I am 63, retiring in 3 months and 24 days but who’s counting 😊 I have to say I am getting nervous with my decision. Again, appreciate your knowledge!
Thanks Joe. I follow all your great videos. I’m giving notice in a month; very excited, but a little nervous about it at the same time. I’m determined though , and am looking forward to this. Thanks for the awesome advice 👍
Excited and nervous. You are on the right path! You will love it and congratulations! For me it took some time to love, but I was with the same people for decades and did like my job. But I could retire, so I did. Enjoy!!
Hi Joe, I am a big fan and love your videos! I am in my first year of retirement at 65 and I find the biggest financial challenge is my tax strategy, specifically on Roth Conversions. I have been using Boldin which provides 5 different strategies and this is where I struggle! Which one is best for me? I would love it if you could do a video about your thought process and how you chose the Roth conversion strategy best for you. Keep up the great work. Your content is very helpful!!
@@joekuhnlovesretirement Yes, but some are projected over 4-5 years and some 15-20 years. some up to IRMAA bracket limits. Some to minimum tax liability and some to max out net worth. What is the best strategy to use? Thanks much! Ed Smith
One of the early, eerie things I noticed was what it was like having every Monday off. But I still have work dreams, and wake up wondering how I’m supposed to get paid for them.
Great video as usual. You might want to more of these from time to time, to give your audience another take on retiring early. My plan is to retire in about 4 years, at the age of 65. I have a pretty stress free job, and lot's of time off. Plus I will be getting a couple of good raises in the next couple of years. Question: What do you think of the name change of New Retirement? I didn't like the name New Retirement, but I'm not sure I like Boldin either. I guess I will just have to get used to it. The software is great though.
Recent retiree here - one week into retirement and my thoughts are different from everyone elses. I can see how people would love the new lifestyle, but I just wanted to say, retirement is not right for everyone. I'm really struggling with the transition. The video mentions the slower passing of time. It is too slow for me. I'm keeping busy, not sitting around. So I'm doing the things people recommend, but it still feels like something is missing. I had a stressful job - that is one thing I'm happy to be away from, but I'm not happy about being completely away from work. I will probably return to the workforce in a few months. Definitely in a less stressful job. I think retirement is great for most people though, but for a few of us, it might not be.
@@joekuhnlovesretirement Thank you Joe. You're a big supporter of retirement, so I wasn't sure what you would think. I know I'm in a minority, but just putting this out there. I see posts like mine here and there occassionally. Thanks for appreciating my viewpoint!
Sounds like your a goal oriented person. I would set some goals like getting more fit and health and do that, or try volunteering for some organization. Everyone needs volunteers.
Hi Joe, I was almost ready to pull the trigger on retirement but then my father ended up having to go to a Nursing care facility (Nursing home) this is a big expense. He does seem to be declining rapidly but the monthly costs is huge about $500/day. This is NOT covered by Heath Insurance!!! Medicaid doesn't kick in until your combined assets go down to $158 k but they will put a lien on your house and when you're in the surviving spouse sells it they get however much they paid. So something to think about. Like my father he assumed he would die of a heart attack like his father did. Anything can happen.
@@cutehumor Thank you. I'm looking into estate planning and long term insurance for myself then recheck if I'm okay to retire. Unfortunately my parents didn't do this, but not their fault They just didn't have the information. 😟
Nursing home in Canada doesn’t cost patients anything. Another reason Universal Healthcare is very beneficial & why all the developed world has them except USA.
Thanks for sharing stories like this Joe. BTW - Boldin is a terrible re-name for New Retirement. No one is going to know what that means or associate it with retirement planning software IMO. If they have other products to get younger people involved just give them straight forward simple names that describe the product. Please talk some sense into them Joe 😅
I am surprised at how many Gen X'ers leave the workforce. I can only imagine how much they despised their chosen careers. This fellow Dan is only 51 years old. Just amazing to me. A lot of very unhappy workers out there who made the wrong decision early in life. Btw, this feels like a New Retirement commercial. haha.
What at odd comment. I am a GenXer and planning to retire at 56 in a few months. I loved my career in tech. I have been fortunate to be a witness to history and to contribute to it in my own small way. I still enjoy the intellectual challenge and the people from all over the world that I work with. All that being said, 30+ years of constant hard work does take a toll and I am tired. I want to pivot to spending more time with family, with my hobbies, and volunteering for causes that I am passionate about.
They didnt make the wrong decision, they had crappy leadership and toxic management that made work insufferable. No one is allowed to have any fun at work anymore because someone might get offended, or its not PC.
noticed that "Dan" mentioned having aging parents but did not mention having a spouse or children, Joe. comes off as 'single guy with high-paying white-collar job and no kids can afford to retire early.' also, water is wet. love your content and always look forward to it. just providing a little constructive feedback. also, thank you for the heads-up about the New Retirement name change.
![Lil Uzi Vert - Chill Bae [Official Music Video]](http://i.ytimg.com/vi/D7F42F_JM3U/mqdefault.jpg)
That is so true. No one reaches out once you are gone. Sometimes they don’t even get a replacement for your job you retired from. It’s like it didn’t matter if you worked there or not. They survive with or without you. The best advice ever given to me was… retire early. I will never regret it. Yesterday was a beach day and it was a weekday. That never happened unless I was on vacation. Thanks for your content Joe! 😊
I was also a corporate project manager, retired 35 days ago although older than your other subscriber. I retired to a 3 hour job at the local elementary school just helping with the lunch rush. The kids are so awesome and a joy to be around. I am there because I want to, not because I have to! I also have more energy and sleep better. Only contact with my former co-workers was regarding an unexpected death of a colleague. I am thankful I was told about it. However, no questions about work at all. Works for me!
Congratulations on finding your journey
Joe, you helped me to make the leap and retire. Thank you so much! I retired at the end of April of this year. My wife and I just finished an awesome cruise to Alaska. My BIG surprise? In the past I would have thought, near the end of the cruise, “oh no, I don’t want to go home yet!” But this time I was ok with going home, and getting back to our house and life. Thanks for helping people with this chapter of our lives!!
Congratulations and thanks
Retired five months now! My former company is in huge turmoil and it's awesome to be on the outside now and none of it matters to me!
Same. I retired in April at 55. The job has the same frustrations that made me leave according to coworkers that are still there plus there have been shocking layoffs of the more experienced people in favor of recent college grads. So sad.
Sharing some prospective from someone who’s 39. My dad ingrained in me when young to “atleast get that company match, it’s free money.” I am now 39, saving 7% Roth and 12% pre tax. 5% company match. Every year I get a raise, I put 1% into the bucket, never even missed it because I didn’t have it to begin with. It is important to take those trips with the kids and enjoy life however a slow grind can snowball. I have saved a total of $398k. I’m sharing this personal info because there’s no replacement to providing knowledge. I hope this helps someone in someway. Enjoy the journey! I hope to one day retire in my 50s because we are all replaceable
Great detail
I am 52 and still work. I could probably retire now, but I am healthy, enjoy my job (100% remote since 2016 with occasional customer site visits) and the stress level is not detrimental. My company pays well, has great benefits and allows me to take time off when I want to. My wife is three years younger than me and enjoys her job also. I will re-evaluate when I am 60 to see where I am at and see if it is retirement time.
YOU are living the dream!
Ditto.
Excellent story - please sprinkling these motivational stories - it is very helpful for us who are working hard to retire early.
Will do!
I retired 2 years ago at age 54, directly after watching one of your videos....18 months later, I went back to work because I was worried about the markets, the geopolitical situation the world finds itself in, and the fear/ "threat" that If I waited too long, I would not be able to find employment as I got older... I have been back at work now for almost 6 months, and it was a mistake...After watching this, I am putting in my notice on Monday....
Fear makes all us us make wrong turns
I have been retired as of today one week, loving life.
Every day is Saturday 😊
Congratulations
Couldn't agree more with Dan (and you Joe). Retired July 1 @ 57......haven't thought about work at all (or at least very little). I did have someone reach out to me about 3 weeks in which was a huge surprise! Loving the new pace being away from corporate life. The only thing for me is that I have been so busy I haven't had time to do any of the projects I had planned to do upon retirement! 🤣 Not sure how I had any time to work in the first place! Keep up the great content.....Thanks Joe!
Great stuff. Congratulations
"Not sure how I had any time to work in the first place" - Great quote!
Retired year and half ago now age 59. Don't think about work AT ALL! Couldn't imagine going back to ANY job. FREEDOM is the word that sums my retirement. Eating much better, exercising 5 days a week, reading etc. Waiting for wife to pull the plug too. Then the two worlds collide! Lol
Twice the fun😂
56 now, retired a little over 4 months ago. Only took me about a week to stop thinking about work. I was an engineer, I liked my job and was good at my job but I don't miss it at all. I was always of the opinion that I was working to pay the bills, once I had enough savings to pay the bills there is no reason to work. Doesn't matter how stress free you think your job is, you will be amazed at how much stress you were under once it's gone.
Exactly
"Doesn't matter how stress free you think your job is, you will be amazed at how much stress you were under once it's gone" - This!
Very good episode !! Nice to hear theses real life testimonials! Continue your good work Joe! From Sainte-Cecile de Milton, Quebec, Canada 🇨🇦! 👌👌👌😎😎😎
Thank you, Joe Out. Looking forward to my own retirement!
I retired at age 47, which was ten years ago. I distinctly remember spending my first month doing tow things: (a) running all the financial calculators online to see if I was going to run out of money, and (b) astonished that everyone else --delivery man, postal worker, water meter reader, grocery store clerk, etc--is still working so I'm a non-contributing member of society.
Retired 4 months. We are replaceable at work and I am good with that. Biggest response to my retirement is "Oh I could not retire now... I'm just not ready." Reasons range from financial concerns to an expectation of inactivity. I am happy and thankful in both of these areas! These are great days!
Thanks for the Bolden notes. I found them through your channel. I did the 14-day trial and yesterday I saw "Bolden" on the invoice. Now I have bigger ideas on ROTH conversions and see the RMD impacts too. This is excellent. I will take them to my planner. Big win there.
I love it. Glad to help
Good to hear other's experiences, more information helps shape or fine tune the plan.
Great job DAN..TY joe
Joe, thank you for sharing your experience, I have been a dedicated listener. I am 63, retiring in 3 months and 24 days but who’s counting 😊 I have to say I am getting nervous with my decision. Again, appreciate your knowledge!
You will love tomorrow’s video.
Thanks Joe. I follow all your great videos.
I’m giving notice in a month; very excited, but a little nervous about it at the same time. I’m determined though , and am looking forward to this.
Thanks for the awesome advice 👍
Excited and nervous. You are on the right path! You will love it and congratulations! For me it took some time to love, but I was with the same people for decades and did like my job. But I could retire, so I did. Enjoy!!
@@Leann-uj9rg Thank you for the kind words !
I’m 62 , tradesman for 45 years. It’s time !
Well done ketodad.
Hi Joe, I am a big fan and love your videos! I am in my first year of retirement at 65 and I find the biggest financial challenge is my tax strategy, specifically on Roth Conversions. I have been using Boldin which provides 5 different strategies and this is where I struggle! Which one is best for me? I would love it if you could do a video about your thought process and how you chose the Roth conversion strategy best for you. Keep up the great work. Your content is very helpful!!
I have but keep in mind you only do one conversion a year. You don’t execute the whole plan at once.
@@joekuhnlovesretirement
Yes, but some are projected over 4-5 years and some 15-20 years. some up to IRMAA bracket limits. Some to minimum tax liability and some to max out net worth. What is the best strategy to use? Thanks much! Ed Smith
Love the channel. You mention McDonald Douglass. They merged with Boeing 27 years ago.
I’m old.
🤣
@@joekuhnlovesretirement me too. I’m a Boeing guy so the comment stuck out. Thanks for all your great content.
One of the early, eerie things I noticed was what it was like having every Monday off. But I still have work dreams, and wake up wondering how I’m supposed to get paid for them.
😂😂😂😂😂😂, nightmare then?
Haven't missed anything about work or the people. In fact, it's like it didn't happen. Another lifetime chapter closed.
Thanks for sharing the great info. The background noise is pretty distracting though.
❤❤❤
6:52 am here in ft wayne. 42 min after ur post. Old habits!
Funny. I prerecorded and released
Great video as usual. You might want to more of these from time to time, to give your audience another take on retiring early. My plan is to retire in about 4 years, at the age of 65. I have a pretty stress free job, and lot's of time off. Plus I will be getting a couple of good raises in the next couple of years.
Question: What do you think of the name change of New Retirement? I didn't like the name New Retirement, but I'm not sure I like Boldin either. I guess I will just have to get used to it. The software is great though.
I prefer the old but I understand the change. It will broaden the base of users
I retired from Corporate America last August, at 55, after being laid off. Best decision I ever made was not to jump back in the race.
Best decision was you being prepared for such an event.
@@joekuhnlovesretirement 💯
I am not getting ready to retire, I'm boldin.
😀
Recent retiree here - one week into retirement and my thoughts are different from everyone elses. I can see how people would love the new lifestyle, but I just wanted to say, retirement is not right for everyone. I'm really struggling with the transition. The video mentions the slower passing of time. It is too slow for me. I'm keeping busy, not sitting around. So I'm doing the things people recommend, but it still feels like something is missing. I had a stressful job - that is one thing I'm happy to be away from, but I'm not happy about being completely away from work. I will probably return to the workforce in a few months. Definitely in a less stressful job. I think retirement is great for most people though, but for a few of us, it might not be.
Nice add to the discussion
@@joekuhnlovesretirement Thank you Joe. You're a big supporter of retirement, so I wasn't sure what you would think. I know I'm in a minority, but just putting this out there. I see posts like mine here and there occassionally. Thanks for appreciating my viewpoint!
Love your channel Joe, while your views are different than mine. I can tell you put a lot of effort into your vidoes.
Sounds like your a goal oriented person. I would set some goals like getting more fit and health and do that, or try volunteering for some organization. Everyone needs volunteers.
Hi Joe, I was almost ready to pull the trigger on retirement but then my father ended up having to go to a Nursing care facility (Nursing home) this is a big expense. He does seem to be declining rapidly but the monthly costs is huge about $500/day. This is NOT covered by Heath Insurance!!! Medicaid doesn't kick in until your combined assets go down to $158 k but they will put a lien on your house and when you're in the surviving spouse sells it they get however much they paid. So something to think about. Like my father he assumed he would die of a heart attack like his father did. Anything can happen.
Sorry to hear. I may put my home in a trust to prevent that situation from happening
@@cutehumor Thank you. I'm looking into estate planning and long term insurance for myself then recheck if I'm okay to retire. Unfortunately my parents didn't do this, but not their fault They just didn't have the information. 😟
Nursing home in Canada doesn’t cost patients anything. Another reason Universal Healthcare is very beneficial & why all the developed world has them except USA.
Tough story. Glad you are there for him.
I am not a fan of the new "Boldin" name. It has been much easier to tell people "New Retirement, look it up!!".
Can you recommend some channels that will walk someone through learning NewRetirement/Boldin?
Rob Berger is great. Search new retirement in RUclips and you’ll find many
Rob Berger does a great job of highlighting novel NR/ Boldin aspects and walks through them in detail. Highly recommended.
There is also some pretty good training videos/walkthroughs offered in the software itself.
Thanks for sharing stories like this Joe. BTW - Boldin is a terrible re-name for New Retirement. No one is going to know what that means or associate it with retirement planning software IMO. If they have other products to get younger people involved just give them straight forward simple names that describe the product. Please talk some sense into them Joe 😅
I hear you
I am surprised at how many Gen X'ers leave the workforce. I can only imagine how much they despised their chosen careers. This fellow Dan is only 51 years old. Just amazing to me. A lot of very unhappy workers out there who made the wrong decision early in life. Btw, this feels like a New Retirement commercial. haha.
You don't have to be in a wrong career to seek early retirement.
What at odd comment. I am a GenXer and planning to retire at 56 in a few months. I loved my career in tech. I have been fortunate to be a witness to history and to contribute to it in my own small way. I still enjoy the intellectual challenge and the people from all over the world that I work with. All that being said, 30+ years of constant hard work does take a toll and I am tired. I want to pivot to spending more time with family, with my hobbies, and volunteering for causes that I am passionate about.
They didnt make the wrong decision, they had crappy leadership and toxic management that made work insufferable. No one is allowed to have any fun at work anymore because someone might get offended, or its not PC.
noticed that "Dan" mentioned having aging parents but did not mention having a spouse or children, Joe. comes off as 'single guy with high-paying white-collar job and no kids can afford to retire early.' also, water is wet.
love your content and always look forward to it. just providing a little constructive feedback.
also, thank you for the heads-up about the New Retirement name change.
I am sending you 100.00 bucks for a haircut and shave.
👍