I took ss at 63 I retired at 62. I am now 78 been collecting for 15 yrs. It def was the right move. But I researched it throughly before as everyone should. Tim says the same thing
I got laid off at 63, 3 months ago. No savings, no 401K. No college degree.Tough time finding another job at my age that will cover basic expenses. I had no choice but to apply for early SS and will need to side hustle pt time to pay the mortgage and utilities and food. I used much my heavily taxed severance to pay off a loan that had my car attached as collateral.
Well said. People seek out a financial advisor. Pay the 150 to 250 bucks for a consult, before you listen to Tim. Tim claims he is a social security expert. Taking ss early depends. More and more, I am catching Tim in prevarications.
Enjoyed your video shouting out Grandma's Pocketbook!! I had already found her channel which sent me to you eventually. I hope & pray others will check her out and that over time she will be able to make a little money from her channel to help her budget out! Thanks!
It's simple. If you DO NOT NEED the social security distribution to maintain your desired retirement lifestyle then begin distributions at age 62. If you fell short on investiments and income throughout your career to maintain a certain desired retirement income by age 62 then it would behoove you to DELAY drawing SS. It's not about getting it correct on which way you come out ahead in the end by drawing SS at various ages if you're broke, It's about maximizing your monthly distributions for your winter years so you can live a dignified life. A broke perrson doesn't have the option to draw early, The financially secure person can afford to assume the financial risk by drawing early.
Retiring at 62 is not the issue. Everyone should retire as soon as they are financially able to. The problem with Tim Baker is that he advocates everyone start taking their SS at 62...which is a mistake for most people. If you take at 62, you are forfeiting 30% of what you are entitled to get. For Tim Baker to insist that everyone take less to somehow justify his mistake after being repeatedly corrected with facts, links and advice from financial professionals is the issue.
You are absolutely correct in the fact that not everyone should take SS at 62 . It solely depends on people’s obligations and total financial portfolio. It’s only better at 62 if you live a long time after you start taking it . Even though you are getting less money every month. If you do the math and say live 25 years longer? You actually would get more back over the longer term . Unfortunately most people don’t live that long . The government wants people to get it at full retirement. They really want people to wait as long as they can . Hoping you just get SS for like a few years. Then they keep the rest !
@@ralphp3057you’re totally wrong and there are many financial calculators to show it will pay off if you wait. If you collect at age 70, typically after age 79 - 81 you end up ahead of the game. Any reputable financial advisor will show you this.
@@ralphp3057 what about inflation likely 10 to 15 percent per year....the money is becoming worthless over time. You should take SS soon as possible or you will lose money...
And the next big issue is health insurance ...advocating ss at 62 means you'll likely need health ins until Medicare kicks in. The premiums for ppl at 62 are $$$
As an independent, critical thinking adult i can only speak for myself. I did the math and for me retiring at 62 isn't going to work. But maybe before FRA. Definitely do your own research and happy for what ever works for everyone.
Took SSA at 62 for medical reasons. You have worked 40 years or more, go to your full age and maybe 1 or 2 more. The extra years increase benefit over 100% of your full age.
Great video man. There is definitely something to be said about retiring early, but ONLY if one does the due diligence and does the research into it. For MOST people, it's not feasible for if nothing else, the medical coverage that is needed. I retired at sixty five and am comfortable, and if I'd have had an option I definitely would have gone maybe a year or two earlier as I financially was set, but that medicare was needed for me. Too many people don't really think enough about big decisions. I'm a HUGE advocate of getting a professional person's advice about the best time and way to retire. You and the wife seem like you have everything in order, and I'm happy for you. You indeed have a good life, and although I can't even "take" watching ST anymore, I do stumble across one of his videos occasionally (I mean, he posts about twenty videos a day about nothing, so I'll get a random one on my YT page) and just last night some sucker was buying him tacos for dinner. I have NO IDEA what's wrong with people who have no problem buying a grown man dinner night after night. LOL.
Everybody should be a thinking adult at age 62. I enjoy Sarasota T videos, but I’m not taking retirement advice from him. I’m waiting until 70 to take SS.
I elected not to take SS at 62, which would have been $2300. (rounded off) and now at 66 is around 3100. and will be retired at 67. Still haven't decided if I'll take it here in six months or just fully retired at 70. Everyone has to decide what's best for them. Peace
@@ralphp3057 Own a home in Dallas and a beach house in Sarasota. Also been retired for the last five years with two fully vested IRAs. Don't need the SS ever, but of course will need to take by 70.
I subscribed to grandma’s pocketbook and will check out her videos. I’ve been very concerned about Tim encouraging people to retire at 62 just blindly. At first he would tell you make sure your debts are paid off and you have some savings but he doesn’t even say that anymore. We’re having to retire at just before 63 because my husband has mobility issues after two spinal surgeries didn’t fix his leg issues. He has a very hard physical job and works 12 hour shifts but works an hour away from home so he’s gone from 5:20 in the morning till 8 to 830 at night and he can’t do it anymore. So June 1 he’s retiring and we aren’t technically ready but Social Security and his pension will be more than enough to pay all of our bills and give us some extra and then like you when our car paid off in 14 months we will have another $600 . I’ve been a part-time reseller for 22 years so that’ll bring in enough extra for some fun stuff. Not ideal at all and I wouldn’t recommend anybody retiring this early unless you are ready but sometimes it’s out of your hands. I’m glad you were talking about this and letting people know so maybe some people won’t blindly take advice off of somebody on RUclips. I am sure there are plenty of people out there that took his advice and regretting it now. But you won’t know it , from what I hear he deletes comments he doesn’t like. I’m hoping more RUclips creators, even the small ones will post about this because it really worries me that some people are going to be in a big mess. Just subscribed to your channel as well!
So sorry your husband has mobility difficulties now . I read that your car payment was 600 dollars. Wow ! I’ve had 5 brand new vehicles in my life . But years ago ! I think the most I ever paid was 280.00 a month. And always paid them off early! My vehicles are 17 and 21 years old now ! I actually retired from my career a 54 years old after 38 years in it ! I guess it just depends on choices basically! Thanks for sharing.👍
@@ralphp3057 when we purchased the car it was because it was zero percent interest and we thought he would be working a full year past it being paid off ! Believe me , not what we would have done had we known ! Luckily we will be just fine but will never do that again ! Will drive this car for a very long time . We do love it a lot but it was a bad decision for sure !
I agree 100%. The decision when to take social security shouldn't be made overnight and you shouldn't listen to ST based on the fact he has no credentials to give financial advice. I'm fortunate I can wait to 70 because I planned for retirement well in advance.
I read that Tim got a low-interest $50,000+ loan during COVID for businesses that were affected. He used the money to buy the new truck and camper. There are many people who have researched him. When you search his name, they all come up. Someone said that his loan payment is $300/month. Don't know if any of this is true . Do the research before taking the advice though.
It’s a huge adjustment period when someone retires. No one should be taking advice and fashioning their lives by watching RUclips ! Thanks for bringing this to attention Alec.👍😁
Thank you Sir for this video. I have been watching Sarasota Tim for some months now and started to see what a shister this man is - more people need to know how much information that he says is not trustworthy. Please continue to making more videos!
Hello my friend. Thank you for the shout out! To be clear, I’m not a victim of Tim’s. I turned 62 in 2017, waaaay before Tim started making videos. I had stopped traveling and was living in my low income housing when I came across him. So Tim didn’t influence my decision to take SS at 62 at all. Unfortunately, he has convinced other people and that upsets me. I watched a lot of Bob Wells and became friends with Debra Dickinson. Debra did a video with me way back when I decided to stop traveling. So no, I didn’t take Tim’s advice. But when I came across him advising people to jump in with both feet, retire and take SS at 62, I couldn’t believe it. It’s horrible advice. I heard your wife at the end (Hi!!!) about my trailer. What I got, for those who are curious, was a Weeroll. They are made in Florida and a much better option than a traditional travel trailer. It had an RV door, barn doors in the back, electric, an AC opening, well insulated, Dexter axle. Back then they were much less expensive. They’ve gotten more expensive but still an excellent option. So I ordered one, drove to Ocala to pick it up and towed it out west to build it out with my brother in law’s help. Again, thanks for the shout out. I do hope my video makes people think once, twice or a hundred times when making a decision regarding retirement and taking SS. I’m vicariously enjoying your travels. Have a great weekend!
ST has never worked 40 hour job flat out tells you that in his first videos 2-3 days a week 2-3 hours a day for 33 years , used car salesman , Publix handing out samples that's the only jobs he's worked according to him
I don't take medical advice from you tube, or financial. Having retired at 51 I can tell you one thing about Tim. He is still healthy enough to do a lot of things that when you collect your full social security at 70 , you will only dream about. If you want an active lifestyle, retire as soon as you can. If you want to hit the cracker barrel at 4, wait till 70.
That's why I retired early and have been living a nomad lifestyle for the past 5 years. My 60th birthday is just months away. The difference is I planned for this life and had money the bank. Another difference is that I am running around giving bad financial advice.
What people fail to understand is that you can't be idiotic and just quit your job at 62 just because ST told you it was a great idea. You have to have your finances in order in order for it to work in your favor. What he has is a zest for life and living it positively. I think that's what people like about him!!
What’s common sense to you may not be true for someone else who may have had less real life experience. Or maybe just someone who is lonely and a RUclipsr who seems earnest, does his devotionals and grins at you seems like such a nice guy so you listen.
Anyone who lets the government keep their money is a fool. Add up what you'd make every year and multiply it by 12. Then multiply that amount by how many years you're waiting to collect. No matter what kind of earner you've been, I doubt you'd make your lost money by waiting to collect back.
@@SHARINGJOURNEY I collected at 62 (I'm 67) and work a super easy part time job 3 days a week and sell on eBay and Craigslist. I don't sit around and f**k around like many retirees probably do.
I was a state employee who had to retire shortly before I turned 62 last year due to pension rules, but they are taking me back in June after my one year sitting out period. I did decide to take SS a couple months before Tim came on the scene, so I don’t blame him. The main reason I’m going back is to get my health insurance back that I foolishly discontinued for being too expensive. Last week I filed to withdraw my SS benefits.
@@mariapino1129 I rolled over all my DROP money but I have a pension plus I filed for SS since I wasn’t intending to return. In November I realized that my insurance agent made some incorrect assumptions regarding Obamacare that was costing me in taxes and I was going to pay more going from Silver to Bronze. That’s when I reached out to my Supervisor about coming back.
im lorry i think time is correct if you can swing it take ss as soon as u can like he says tomorrow is not promised to you so live life and take the money
Don't take financial or retirement advice from a random guy on RUclips. I've seen several of Tim's early video's and he clearly states it works for him and may not be for everyone.
He says that without sharing his financials. He also says that without making it clear he has no expertise in finances. FYI, I didn’t take his advise or the advise of anyone on RUclips.
Who did he “victimize”? Has he solicited money from anyone ? You can disagree with his philosophy (which I do) but to claim that he has “victimized” anyone is borderline slanderous. He is simply expressing his opinion and what works for him. Anyone who takes his opinion as advice and follows through on it without doing their own due diligence is acting irresponsibly. Not Tim’s fault.
@@SHARINGJOURNEY : Where is the "fraud" in that? Many RUclipsrs do that. He is not asking people for money to buy his "program" or promising them some outsized investment return, etc. Who is being "victimized" by voluntarily clicking on a fully disclosed affiliate link or 'tipping'? That is not "victimizing" anyone. You can make a valid point without resorting to hyperbole.
She said she was on Social Security for a couple of years after listening to someone who advocated retiring early at 62. But if she is talking about Sarasota Tim, he only uploaded his first SS video 10 months ago. Does not make sense!
No, I didn’t take anyone’s advice. I retired and took SS way before Tim was on RUclips. I made the choice on my own. 🤦♀️ I just came across Tim and knew he was wrong to be giving that advice.
I personally would not say his name.. I’m not a content creator so I don’t know how it works but I would think if people watch his videos after saying his name it will only improve his rating or views. Don’t let him rent space in others head. Drive safe.
Thank you. I seen the picture of Helen Keller s home, were you able to do a walkthrough? She was an amazing woman. So excited for you two lovebirds. Godspeed.
Every lifestyle has pros and cons. From what I understand ST got COVID stimulus deal. That is how he got all the toys. But he does have to pay back. Just don't take everybody's word on everything! Do extensive research. Now I do have to agree with ST on the fact of collecting early. It is better and even people that are social security experts, have said that collecting at 62 is a positive thing. Because if you do get sick or extremely ill and then pass away,😢 you didn't have any time to enjoy your retirement. If you can wait till you're 64/65 then great! A lot of people cannot wait that long, and need to collect cuz, then in the long run they will get more money collecting early. Because they're not paying taxes, unemployment insurance and the like. Sometimes it's only difference of a couple of hundred dollars to wait till you're 64 or 65. The lifestyle can be beneficial as you can't afford to live in apartments or even mobile home parks with the expensive rents. You have to make at least three times the income if not more. Even RV parks are now requiring income verification and other background information. Also age on RVs and the like. If you have to buy a mobile home for a minimum of $100,000 or more, and then have to pay over $1,000 a month just in lot rent, and that's not including your utilities, property taxes your insurance and maintenance. So sometimes renting an apartment can be less expensive. But with all the requirements no one makes over 3-4 k plus a month on social security, to rent. So the only option might be living in a van R, camper, trailer, etc. So all these people that are putting down living a nomadic lifestyle needs to understand that, that could be the only choice. Not everybody can afford a sticks and bricks home. And what about the people that are on disability it's even worse. All the benefits of for people over 64 and that's not fair they need to really look at the people that are on disability. They're not allowed to have side jobs or any extra income etc. So yes do your research realize that somethings can cost more than others. I wouldn't take anybody's word for anything and you have to watch a wide range of RUclipsrs to know what the lifestyle is about. Not everyone on RUclips is making big money. RUclips has done a lot of revamping so now Tubers are not getting compensated as much as when it first came on board. Just everyone be cautious and again do your research. Nice vid❤
Why would anyone be taking retirement advice from YT. They wouldn't. Besides, there're plenty advocates of work less enjoy life and minimize the baggage type content here on YT. They just don't post 5 - 12 videos a day.
Although they shouldn’t, many people do. Tim has had people comment that they took SS at 62 because of him. And I don’t blame them. A lot of people are vulnerable and have no one to talk to, especially seniors.
@@SHARINGJOURNEY how much easier would it be to survive off of $30,000 a year rather than $21,000 a year that is the difference between retiring at 62yrs old and 67yrs old if that was all i had it would be a no brainer.
EVERYONE is playing into Sarasota Tim Scheme!!! You fools follow because he makes you suspicious of his "Life Intentions" THAT WAS HIS PLAN!. The guy has to be making $3-5K/month on you fools "Clicking" his videos AND all the Tag-Along You Tubers (like this one). Why are you guys following Sarasota Tim????
sarasota Tim is a clown but he is mostly right about taking SS at 62... do the math. The break even point is about 77-78 years of age.. after that if you waited to take SS you will be ahead but at that point who cares.
Everyones finances are different .... we am trying to save money so we can retire early. Maybe at 62 ... maybe 64. But not until we feel comfortable with our situation.
Yes, tim is right, take social security at 62 & keep working if you want to, earn up to $22k, by the time you're 67, full retirement age, you'll have $80k saved from the 5 years of social security saved you started taking at 62
You are a very judgmental person and have gone to the other spectrum from Sarasota Tim. Happily we live in a free country thanks to the many people who have fought for our rights not a good idea to tell the world about your financial status as it is no one’s business and you sound like a bragger. I am a you tube observer and I take everyone’s opinions with a grain of salt people do not have to follow what they hear on you tube maybe this woman thought it was a good idea so she tried it and guess what sounds like it wasn’t for her so she moved onto something else I don’t think you are gathering all the information to make a fair judgement call. when to take your SS is a gamble as you get older your benefit goes up but so does cost of living and your health declines and you become closer to death hoping. to be able to retire at all solely on SS is really just a myth and it looks like you are aware of this based on your life style share your journey as your title states stop worrying about what other people are doing or people will stop watching your videos for that reason
I believe that folks are talking Tim the wrong way. I had a great career with big pay and great benefits Mandatory retirement at 57 . Tim just wants everyone to have fun. And enjoy yourself. Don’t get in the weeds . Just have fun. 35 years or more in Pearl Harbor. Sunshine is killing my skin .
Great Content, thank you
Glad you enjoyed it
Who in their right mind would ever take financial advice from him???
It seems like lots have
You are spot on
Thanks
I took ss at 63 I retired at 62. I am now 78 been collecting for 15 yrs. It def was the right move. But I researched it throughly before as everyone should. Tim says the same thing
Glad that all worked out for you.
Good information
Thank you
I got laid off at 63, 3 months ago. No savings, no 401K. No college degree.Tough time finding another job at my age that will cover basic expenses. I had no choice but to apply for early SS and will need to side hustle pt time to pay the mortgage and utilities and food. I used much my heavily taxed severance to pay off a loan that had my car attached as collateral.
@@kimvandorn30 I am sorry about your situation ... sounds like you did what was best for you
Tim is cashing it his new moniker…!!!!
He really has changed or is just not a good at covering up who he really is.
Well said. People seek out a financial advisor. Pay the 150 to 250 bucks for a consult, before you listen to Tim. Tim claims he is a social security expert.
Taking ss early depends.
More and more, I am catching Tim in prevarications.
He has no training ...
Thankyou very much. Great video.
You are welcome!
I get all my financial advice from Tim. and now I'm free in the walmart parking lot.
👍
😂 lol
hahahhahahaha
😂😂
@aross924 👍
Enjoyed your video shouting out Grandma's Pocketbook!! I had already found her channel which sent me to you eventually. I hope & pray others will check her out and that over time she will be able to make a little money from her channel to help her budget out! Thanks!
I try to help her all I can. If you have not subscribed to our channel, I invite you too
It's simple. If you DO NOT NEED the social security distribution to maintain your desired retirement lifestyle then begin distributions at age 62. If you fell short on investiments and income throughout your career to maintain a certain desired retirement income by age 62 then it would behoove you to DELAY drawing SS. It's not about getting it correct on which way you come out ahead in the end by drawing SS at various ages if you're broke, It's about maximizing your monthly distributions for your winter years so you can live a dignified life. A broke perrson doesn't have the option to draw early, The financially secure person can afford to assume the financial risk by drawing early.
So true and sell said!
I am only 56 years old and I stopped following Sarasota Tim a few months ago because I thought he sounded like a con artist and a crybaby.
I think you are right!
Tim is the king of spin. Remember the ShamWow guy? BUT WAIT THERE'S MORE!
The SHAMWOW was the best towel Tim ever used.
That is funny! I forgot about that !
I think Tim talked Springfield into getting that Monorail.
@@SHARINGJOURNEY It absorbed all his tears at night in the cramper after the video recording stopped.
@BadWolf762 😆
Retiring at 62 is not the issue. Everyone should retire as soon as they are financially able to.
The problem with Tim Baker is that he advocates everyone start taking their SS at 62...which is a mistake for most people. If you take at 62, you are forfeiting 30% of what you are entitled to get. For Tim Baker to insist that everyone take less to somehow justify his mistake after being repeatedly corrected with facts, links and advice from financial professionals is the issue.
Well said. Thank you.
You are absolutely correct in the fact that not everyone should take SS at 62 . It solely depends on people’s obligations and total financial portfolio.
It’s only better at 62 if you live a long time after you start taking it .
Even though you are getting less money every month. If you do the math and say live 25 years longer? You actually would get more back over the longer term . Unfortunately most people don’t live that long . The government wants people to get it at full retirement. They really want people to wait as long as they can . Hoping you just get SS for like a few years. Then they keep the rest !
@@ralphp3057you’re totally wrong and there are many financial calculators to show it will pay off if you wait. If you collect at age 70, typically after age 79 - 81 you end up ahead of the game. Any reputable financial advisor will show you this.
@@ralphp3057 what about inflation likely 10 to 15 percent per year....the money is becoming worthless over time. You should take SS soon as possible or you will lose money...
And the next big issue is health insurance ...advocating ss at 62 means you'll likely need health ins until Medicare kicks in. The premiums for ppl at 62 are $$$
.thanks for the message sir , safe travels and keep enjoying life 😁
Thank you very much
I already follow, Grandmas pocket has great informative tips for seniors & retirement and budgeting 👍🏼❤️😀
Agree 100%
Thank you!! ❤️
@@grandmaspocketbook 👍🏼❤️
She is a good one to follow
Retiring early is fine as long as you have the money. You need an IRA or 401k in addition to SS.
So true 👍
Everyone's situation, intelligence and decisions are different and that's all there is to it, one does not fit all.
Very true
As an independent, critical thinking adult i can only speak for myself. I did the math and for me retiring at 62 isn't going to work. But maybe before FRA. Definitely do your own research and happy for what ever works for everyone.
That is the important part ... everyone do your own research.
Took SSA at 62 for medical reasons. You have worked 40 years or more, go to your full age and maybe 1 or 2 more. The extra years increase benefit over 100% of your full age.
👍
If anyone is taking retirement advice from any RUclips content creators, they're the problem, not the content creators.
Maybe both
Great video man. There is definitely something to be said about retiring early, but ONLY if one does the due diligence and does the research into it. For MOST people, it's not feasible for if nothing else, the medical coverage that is needed. I retired at sixty five and am comfortable, and if I'd have had an option I definitely would have gone maybe a year or two earlier as I financially was set, but that medicare was needed for me. Too many people don't really think enough about big decisions. I'm a HUGE advocate of getting a professional person's advice about the best time and way to retire. You and the wife seem like you have everything in order, and I'm happy for you. You indeed have a good life, and although I can't even "take" watching ST anymore, I do stumble across one of his videos occasionally (I mean, he posts about twenty videos a day about nothing, so I'll get a random one on my YT page) and just last night some sucker was buying him tacos for dinner. I have NO IDEA what's wrong with people who have no problem buying a grown man dinner night after night. LOL.
Very well said. Thanks for watching our video.
Everybody should be a thinking adult at age 62. I enjoy Sarasota T videos, but I’m not taking retirement advice from him. I’m waiting until 70 to take SS.
Glad you enjoy him .... and glad you have made a decision that works best for you!
You never mentioned how old you are.
Crispy 70
@@timboc105 You're not SantiagoPATube.
@kokolovitch56 Not any king of Santiago just a 59 yo pirate waiting on 62
He’s greedy and a user.
100%
your right about tim jones
😆
I elected not to take SS at 62, which would have been $2300. (rounded off) and now at 66 is around 3100. and will be retired at 67. Still haven't decided if I'll take it here in six months or just fully retired at 70. Everyone has to decide what's best for them. Peace
If you wait till 70 u get 8% each year.
The government loves people like you ! They hope you wait and wait ! The extra money is worth less if you should expire !
@ralphp3057 👍
@@ralphp3057 Own a home in Dallas and a beach house in Sarasota. Also been retired for the last five years with two fully vested IRAs. Don't need the SS ever, but of course will need to take by 70.
@jrstar1439 👍
I subscribed to grandma’s pocketbook and will check out her videos.
I’ve been very concerned about Tim encouraging people to retire at 62 just blindly. At first he would tell you make sure your debts are paid off and you have some savings but he doesn’t even say that anymore. We’re having to retire at just before 63 because my husband has mobility issues after two spinal surgeries didn’t fix his leg issues. He has a very hard physical job and works 12 hour shifts but works an hour away from home so he’s gone from 5:20 in the morning till 8 to 830 at night and he can’t do it anymore. So June 1 he’s retiring and we aren’t technically ready but Social Security and his pension will be more than enough to pay all of our bills and give us some extra and then like you when our car paid off in 14 months we will have another $600 . I’ve been a part-time reseller for 22 years so that’ll bring in enough extra for some fun stuff. Not ideal at all and I wouldn’t recommend anybody retiring this early unless you are ready but sometimes it’s out of your hands. I’m glad you were talking about this and letting people know so maybe some people won’t blindly take advice off of somebody on RUclips. I am sure there are plenty of people out there that took his advice and regretting it now. But you won’t know it , from what I hear he deletes comments he doesn’t like.
I’m hoping more RUclips creators, even the small ones will post about this because it really worries me that some people are going to be in a big mess.
Just subscribed to your channel as well!
I am sure she appreciates it. She has some really food videos.
Hi Stephanie. It sounds like you and your husband are setting things up well for yourselves. Thanks for subscribing.
So sorry your husband has mobility difficulties now . I read that your car payment was 600 dollars. Wow ! I’ve had 5 brand new vehicles in my life . But years ago ! I think the most I ever paid was 280.00 a month. And always paid them off early! My vehicles are 17 and 21 years old now ! I actually retired from my career a 54 years old after 38 years in it ! I guess it just depends on choices basically! Thanks for sharing.👍
@ralphp3057 thanks for watching
@@ralphp3057 when we purchased the car it was because it was zero percent interest and we thought he would be working a full year past it being paid off ! Believe me , not what we would have done had we known ! Luckily we will be just fine but will never do that again ! Will drive this car for a very long time . We do love it a lot but it was a bad decision for sure !
I agree 100%. The decision when to take social security shouldn't be made overnight and you shouldn't listen to ST based on the fact he has no credentials to give financial advice. I'm fortunate I can wait to 70 because I planned for retirement well in advance.
Well said!
I read that Tim got a low-interest $50,000+ loan during COVID for businesses that were affected. He used the money to buy the new truck and camper. There are many people who have researched him. When you search his name, they all come up. Someone said that his loan payment is $300/month. Don't know if any of this is true . Do the research before taking the advice though.
Totally agree
It’s a huge adjustment period when someone retires. No one should be taking advice and fashioning their lives by watching RUclips ! Thanks for bringing this to attention Alec.👍😁
So true!
Thank you Sir for this video. I have been watching Sarasota Tim for some months now and started to see what a shister this man is - more people need to know how much information that he says is not trustworthy. Please continue to making more videos!
You are welcome
All these critical comments about Sarasota Tim seems like sour grapes.
Hello my friend. Thank you for the shout out!
To be clear, I’m not a victim of Tim’s. I turned 62 in 2017, waaaay before Tim started making videos. I had stopped traveling and was living in my low income housing when I came across him. So Tim didn’t influence my decision to take SS at 62 at all. Unfortunately, he has convinced other people and that upsets me.
I watched a lot of Bob Wells and became friends with Debra Dickinson. Debra did a video with me way back when I decided to stop traveling. So no, I didn’t take Tim’s advice. But when I came across him advising people to jump in with both feet, retire and take SS at 62, I couldn’t believe it. It’s horrible advice.
I heard your wife at the end (Hi!!!) about my trailer. What I got, for those who are curious, was a Weeroll. They are made in Florida and a much better option than a traditional travel trailer. It had an RV door, barn doors in the back, electric, an AC opening, well insulated, Dexter axle. Back then they were much less expensive. They’ve gotten more expensive but still an excellent option. So I ordered one, drove to Ocala to pick it up and towed it out west to build it out with my brother in law’s help.
Again, thanks for the shout out. I do hope my video makes people think once, twice or a hundred times when making a decision regarding retirement and taking SS.
I’m vicariously enjoying your travels. Have a great weekend!
I'm glad to give you a shout-out. Stay safe! Our travel series starts in the morning!
Your video is wonderfully done Nana. I encourage people approaching retirement age to watch it to get a dose of reality.
Your video is great information on your personal story. 👏
@user-vs6jz7qt7q 👏
@@darlingape Thank you, Darling!
ST has never worked 40 hour job flat out tells you that in his first videos 2-3 days a week 2-3 hours a day for 33 years , used car salesman , Publix handing out samples that's the only jobs he's worked according to him
👌
Avoiding manual labor is what Timmy's true talent has been his whole life.
@@kokolovitch56
That’s funny!
I think she did not follow his advice retiring at 62. I believe she made her decision independent of him.
Yes ... she commented on this video explaining that
@SHARINGJOURNEY I do agree no one should listen to his financial advice. I don't believe he is happy with his situation at all.
@hume1963 I don't think so either
I don't take medical advice from you tube, or financial. Having retired at 51 I can tell you one thing about Tim. He is still healthy enough to do a lot of things that when you collect your full social security at 70 , you will only dream about. If you want an active lifestyle, retire as soon as you can. If you want to hit the cracker barrel at 4, wait till 70.
That's why I retired early and have been living a nomad lifestyle for the past 5 years. My 60th birthday is just months away. The difference is I planned for this life and had money the bank. Another difference is that I am running around giving bad financial advice.
What people fail to understand is that you can't be idiotic and just quit your job at 62 just because ST told you it was a great idea. You have to have your finances in order in order for it to work in your favor. What he has is a zest for life and living it positively. I think that's what people like about him!!
I didn’t make my choices based on anything Tim said because he wasn’t on RUclips 7 years ago.
Also, he didn’t have his finances in order.
That is the message we are all trying to get people to recognize. Thanks!
Spot on do your own research before retiring… don’t listen to some clown on RUclips when it comes to your own finances
Good advice
You won’t get hate from folks who have their eyes open, and their head screwed on straight brother. Peace y’all! 🙏😁
Peace ✌️ back at ya!
Seems like common sense. Not sure why so many just blindly take others advise. Just do the math for yourself
What’s common sense to you may not be true for someone else who may have had less real life experience. Or maybe just someone who is lonely and a RUclipsr who seems earnest, does his devotionals and grins at you seems like such a nice guy so you listen.
Thanks for watching
Goat farm in SC. Spartanburg here.
We had our farm in Eastover. We live full-time on the road now. It's the perfect life for us. I invite you to subscribe if you aren't already.
I don't regret retirement at 62, at time's i worked 2 full-time jobs. My back was giving me problems! I don't regret it!!!!
I am happy for you!
Me either. Its give and take. Pros and cons. I took mine at 62. No regrets yet. I have a side hustle. Gotta survive.
That’s a good thing! It’s always an individual thing. I wouldn’t mind a do over just so I could have purchased a small house for myself.
ST blocked me for disagreeing with him
That sounds about right
Me too.
@BlueJeansandJellyBeans 👍
SST blocked me. He doesn’t like criticizing comments.
I have heard that before.
That's pathetic. He's deleted some of my comments.
@LGR1160 he has been known to do that.
Anyone who lets the government keep their money is a fool. Add up what you'd make every year and multiply it by 12. Then multiply that amount by how many years you're waiting to collect. No matter what kind of earner you've been, I doubt you'd make your lost money by waiting to collect back.
The question is ... can you keep up your life style with that much money.
@@SHARINGJOURNEY I collected at 62 (I'm 67) and work a super easy part time job 3 days a week and sell on eBay and Craigslist. I don't sit around and f**k around like many retirees probably do.
@kokolovitch56 yes if you sit around then IMO you are not living your best life.
Good video! I like your honesty and willingness to speak out. It took me awhile to understand Tim for all he is. Many are catching on.
I think the people are. Thanks!
I was a state employee who had to retire shortly before I turned 62 last year due to pension rules, but they are taking me back in June after my one year sitting out period. I did decide to take SS a couple months before Tim came on the scene, so I don’t blame him. The main reason I’m going back is to get my health insurance back that I foolishly discontinued for being too expensive. Last week I filed to withdraw my SS benefits.
Good luck with your job!
What did you do for work when you had to sit out of work for one year? Just curious to know if you found another job during that time.
@@mariapino1129 I rolled over all my DROP money but I have a pension plus I filed for SS since I wasn’t intending to return. In November I realized that my insurance agent made some incorrect assumptions regarding Obamacare that was costing me in taxes and I was going to pay more going from Silver to Bronze. That’s when I reached out to my Supervisor about coming back.
Thanks for passing grandmas pocketbook down to us, that was kind of you.
Please subscribe to her channel
@@SHARINGJOURNEY I did ....and yours also
Thanks
@@vincentdsntThank you! ❤
A pension makes all the difference.
Yes it does
Being thrifty doesn’t hurt as well! 😁
You are right on the money. She has a wonderful channel. Thank you for sharing. Everyone stay, safe, happy and healthy. From Henrico County Virginia
I really like to help other small channels like myself!
Thank you!!
im lorry i think time is correct if you can swing it take ss as soon as u can like he says tomorrow is not promised to you so live life and take the money
That time are you talking aboit?
Gary: the risk is not dying young. The risk is living to an old age and not having enough money to survive.
@RetirementTalk43 so true
Don't take financial or retirement advice from a random guy on RUclips. I've seen several of Tim's early video's and he clearly states it works for him and may not be for everyone.
He neglects to mention that he would be on a park bench if it wasn't for the generosity of others including you the taxpayer.
So true
But people do
He says that without sharing his financials. He also says that without making it clear he has no expertise in finances.
FYI, I didn’t take his advise or the advise of anyone on RUclips.
Who did he “victimize”? Has he solicited money from anyone ? You can disagree with his philosophy (which I do) but to claim that he has “victimized” anyone is borderline slanderous. He is simply expressing his opinion and what works for him. Anyone who takes his opinion as advice and follows through on it without doing their own due diligence is acting irresponsibly. Not Tim’s fault.
He is always asking for money .... buy me a coffee ... use my Amazon link ..... 💰 💰 💸
@@SHARINGJOURNEY : Where is the "fraud" in that? Many RUclipsrs do that. He is not asking people for money to buy his "program" or promising them some outsized investment return, etc. Who is being "victimized" by voluntarily clicking on a fully disclosed affiliate link or 'tipping'? That is not "victimizing" anyone. You can make a valid point without resorting to hyperbole.
Timbo the preacher scares me. He now has a flock that believes in his BS. Tim Jones.
Oh my .... LOL 😆
Who do you believe in brain dead Biden?
Reverend Reprehensible
The Feds need to be alerted 👮
👍
Tim is beyond reproach.
👍
Great video!
Thank you!
She said she was on Social Security for a couple of years after listening to someone who advocated retiring early at 62. But if she is talking about Sarasota Tim, he only uploaded his first SS video 10 months ago. Does not make sense!
Yes .... she commented on this video clarifying
No, I didn’t take anyone’s advice. I retired and took SS way before Tim was on RUclips. I made the choice on my own. 🤦♀️ I just came across Tim and knew he was wrong to be giving that advice.
I personally would not say his name.. I’m not a content creator so I don’t know how it works but I would think if people watch his videos after saying his name it will only improve his rating or views. Don’t let him rent space in others head. Drive safe.
Thanks for watching .... we have another long travel day. Day one of our Montana trip goes live this morning
Don't take financial advice from a HS dropout on Ytube. If anything talk to an advisor and family and put your plan of action in place.
Sound advice!
Good advice 😊
👍
Great that you are here to tell the truth !
The truth and nothing but the truth!
Great video.
Thanks ... after watching Grandma's video ... I felt like she needed some help getting out her story. Please check out her channel.
good video.....................for others around retirement age..............
Yes, thank you
Thank you. I seen the picture of Helen Keller s home, were you able to do a walkthrough? She was an amazing woman. So excited for you two lovebirds. Godspeed.
Yes, we spent 2 hours there
Timmy gives ya some good material to work with LOL
Yes he does
Preach it !
👍
St is a con artist
💯
Great video. Thank you!
Your welcome ... please check out Grandma's Pocketbook
Every lifestyle has pros and cons. From what I understand ST got COVID stimulus deal. That is how he got all the toys. But he does have to pay back. Just don't take everybody's word on everything! Do extensive research. Now I do have to agree with ST on the fact of collecting early. It is better and even people that are social security experts, have said that collecting at 62 is a positive thing. Because if you do get sick or extremely ill and then pass away,😢 you didn't have any time to enjoy your retirement. If you can wait till you're 64/65 then great! A lot of people cannot wait that long, and need to collect cuz, then in the long run they will get more money collecting early. Because they're not paying taxes, unemployment insurance and the like. Sometimes it's only difference of a couple of hundred dollars to wait till you're 64 or 65. The lifestyle can be beneficial as you can't afford to live in apartments or even mobile home parks with the expensive rents. You have to make at least three times the income if not more. Even RV parks are now requiring income verification and other background information. Also age on RVs and the like. If you have to buy a mobile home for a minimum of $100,000 or more, and then have to pay over $1,000 a month just in lot rent, and that's not including your utilities, property taxes your insurance and maintenance. So sometimes renting an apartment can be less expensive. But with all the requirements no one makes over 3-4 k plus a month on social security, to rent. So the only option might be living in a van R, camper, trailer, etc. So all these people that are putting down living a nomadic lifestyle needs to understand that, that could be the only choice. Not everybody can afford a sticks and bricks home. And what about the people that are on disability it's even worse. All the benefits of for people over 64 and that's not fair they need to really look at the people that are on disability. They're not allowed to have side jobs or any extra income etc. So yes do your research realize that somethings can cost more than others. I wouldn't take anybody's word for anything and you have to watch a wide range of RUclipsrs to know what the lifestyle is about. Not everyone on RUclips is making big money. RUclips has done a lot of revamping so now Tubers are not getting compensated as much as when it first came on board. Just everyone be cautious and again do your research. Nice vid❤
Thanks .... well said.
Why would anyone be taking retirement advice from YT. They wouldn't. Besides, there're plenty advocates of work less enjoy life and minimize the baggage type content here on YT. They just don't post 5 - 12 videos a day.
Unfortunately ... plenty of people do!
Although they shouldn’t, many people do. Tim has had people comment that they took SS at 62 because of him. And I don’t blame them. A lot of people are vulnerable and have no one to talk to, especially seniors.
@@SHARINGJOURNEY how much easier would it be to survive off of $30,000 a year
rather than $21,000 a year
that is the difference between retiring at 62yrs old and 67yrs old
if that was all i had it would be a no brainer.
@grandmaspocketbook it's always good to speak to a professional before making such a big decision.
@texman666 exactly
Never heard of sarasota jim.
He is a grifter.
Count yourself lucky.
@Original_SJB It’s Sarasota Tim not Jim
@MzVicky thanks
You’re not missing anything! Lol
You are a good man.
Thank you very much!
Has @Blind views on RUclips seen your video's? He has interesting videos on Tim.
I am not sure ... I tagged him in a comment @blindviews
EVERYONE is playing into Sarasota Tim Scheme!!! You fools follow because he makes you suspicious of his "Life Intentions" THAT WAS HIS PLAN!. The guy has to be making $3-5K/month on you fools "Clicking" his videos AND all the Tag-Along You Tubers (like this one). Why are you guys following Sarasota Tim????
I don't follow him anymore .... did you even watch the video or just comment
coleman: Tim has a plan????? Hahahahahaha!!!
Tim is not forcing anybody to do anything, it is always up to you.....Tim can say what he wants or turn him off....
And I did along with lots of others
sarasota Tim is a clown but he is mostly right about taking SS at 62... do the math. The break even point is about 77-78 years of age.. after that if you waited to take SS you will be ahead but at that point who cares.
Everyones finances are different .... we am trying to save money so we can retire early. Maybe at 62 ... maybe 64. But not until we feel comfortable with our situation.
@@SHARINGJOURNEY Correct.. best of luck to you.
The math only matters when you’ve set yourself up financially to be able to retire somewhat comfortably.
@kevin24x7 @blindviews
Yes, tim is right, take social security at 62 & keep working if you want to, earn up to $22k, by the time you're 67, full retirement age, you'll have $80k saved from the 5 years of social security saved you started taking at 62
Thanks for watching.
brian: You just failed your math test.
What? The government takes back 1 dollar for every 2 you make over 22,000
You are a very judgmental person and have gone to the other spectrum from Sarasota Tim. Happily we live in a free country thanks to the many people who have fought for our rights not a good idea to tell the world about your financial status as it is no one’s business and you sound like a bragger. I am a you tube observer and I take everyone’s opinions with a grain of salt people do not have to follow what they hear on you tube maybe this woman thought it was a good idea so she tried it and guess what sounds like it wasn’t for her so she moved onto something else I don’t think you are gathering all the information to make a fair judgement call. when to take your SS is a gamble as you get older your benefit goes up but so does cost of living and your health declines and you become closer to death hoping. to be able to retire at all solely on SS is really just a myth and it looks like you are aware of this based on your life style share your journey as your title states stop worrying about what other people are doing or people will stop watching your videos for that reason
Thanks you for watching
To funny you trying to ride on Tim’s coat tail. Make your own content.
This is my content ... nothing taken from Tim's page. Even my photo was taken from one of the parady channels.
Thanks for watching.
Hey buddy. Tim lives his life . I enjoy his videos.
I live differently than him .
From Pearl Harbor 36 years
I'm glad you enjoy his content.
Check your morals...they are in question by this admission.
@thruthefirepubl thanks for watching
I believe that folks are talking Tim the wrong way.
I had a great career with big pay and great benefits
Mandatory retirement at 57 .
Tim just wants everyone to have fun.
And enjoy yourself.
Don’t get in the weeds .
Just have fun.
35 years or more in Pearl Harbor. Sunshine is killing my skin .
No. They aren’t.
I believe they are taking him to serious and he doesn't have thier best interest at heart.
Really? He's reprehensible. ruclips.net/video/wjELsSlGYFM/видео.html
Quit putting Tim down he has very good advice retire at 62 get good social security get alot of credit cards to live on it all works out
LOL
Good plan. Let us know how that works out. Why didn’t your father give you some of the money he made on all the Mustangs he bought and sold?
@@grandmaspocketbook how you know that
@@jeffwert5336 Because you shared it.
Good information
Thanks