Retired at age 53, I am in my early 60s. Because they couldn't understand the idea of not working if you don't have to, many individuals resisted me. I viewed my life in phases. In my latter years, I owe it to myself to "stop and smell the roses," even if I have worked hard to get everything I have now. My situation is that I retired and moved to Latin America. It made it possible for me to enjoy my new surroundings while escaping all the bad things that were going on in America. None of the people I've met regret retiring.
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than a million dollars by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like ’Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Absolutely grateful we retired early at 62 and 60! We enjoyed 7 wonderful years of being retired before a devastating diagnosis. Don’t miss this beautiful time in your life!
Semi retired at 60, taking Fridays off (i.e. working 80%) until I turned 62 when I took Mondays off too (i.e. working 60% with 3 days working weeks). Increasingly volunteered with the Red Cross and other charities ever since until fully retiring in a little over a year aged 65. I loved every bit of it and colleagues envy me every day I work at their side. Retiring doesn't have to be an abrupt thing, it can be a smooth transition if you so plan it. Best of luck to all 😎☀
Retired at 54 due to work stress, best decision I ever made. I have made more passive income than work income, lowered my blood pressure, able to travel, and smile more.
As a follow-up to my recent Comment today, I had a few friends that either died or lost their health trying to chase a higher pension and as a result never got to enjoy retirement even a single day. That really drove me to retire early.
Dang, that’s really sad. I’m sorry you had to witness that. My bestie and I are trying to retire ASAP. I’m planning to invoke the Rule of 55 at 30 years of teaching.
Coach2winI never made it to my company's rule of 55 because they decided to outsource our entire department for cheaper oversea labor. But you know what? Didn't matter, I retired anyway. Life is too short having your life dictated by greedy, selfish companies who do not value loyalty and dedication. They only value the bottom line
In the U.S. railroad industry, you can retire on your full Railroad Retirement pension at age 60 with at least 360 months of service (60 years). I did this at age 60 with nearly 40 years' service and haven't looked back. 2nd best decision in my life after my 1st which was to make a career of the railroad industry.
That's a beautiful view you have. I could spend a month there, and take notes. I went near there viewing Mayan ruins on my way to Belize. I don't have a life purpose, other than seeing neat places in the USA and other countries. So far the Travels have been fun for 14 years.
My wife and I were LEO’s who retired in our 40’s. Two pensions. We planned ahead. She volunteers at the local animal shelter and I grow vegetables, hunt and fish. I tell folks who ask that question that if I would have known how much I would love retirement, I would have done it 30 years earlier (lol). We are now in our 50’s and loving every day.
My profession doesn’t really allow me to cut back- i have decreased to 0.7 fte but while i get more time off, my time on is still hellish with nights , weekends, holidays forever part of my schedule, so I’m retiring early at age 57 in a few months . Can’t wait to never take call again! Can’t believe I’m finally at this stage in life for self care and fun projects .
I wish there was a stronger word for regret. I retired in June of 24. I was an elementary principal for 37 years. I loved my work until the last year. Things got hard. Instead of sticking it out, I retired. If you love your work, THINK CAREFULLY. Regret sucks
I retired as a middle school teacher in June of last year too. I do miss the reward of a good lesson or when you are able to help a struggling student and my colleagues. But I don’t miss the day to day grind of planning and grading. I’m still finding my groove. Playing golf, traveling some, hiking. Will soon look to volunteer a bit. But I don’t regret being able to explore new things in my life. There are lots of things to learn, explore, enjoy. Having downtime can feel like boredom because we just aren’t used to it yet. Best of luck in your retirement!
Until the last year. What makes you think subsequent years would have been better? And if you love teaching so much (and my experience of principals is that it is more parent relations and administration than teaching) then volunteer as a classroom assistant or reader for those with literacy issues.
Beware of the tax torpedo, look it up on RUclips. When you retire live off your Ira or 401k first! While letting your social security build up a few years . If in doubt , use a tax program to run the different tax scenarios.
Fantastic background and subject covered today. Showing us how good early retirement can be, along with how to get there while avoiding mistakes along the way. New to Azul? He drops new videos daily with expert advice to get to and through retirement. He is life changing.
52 today. Plan to retire at 57. Make a decent income (wife too). Invested most of my income the last 15yrs. Household expenses have increased significantly over the last few years but we continue to save/invest diligently. We want to get out of dodge asap. 2030 is the year. 🤞🏼 Thx Azul
The level of inefficiency and corruption in this administration is becoming absurd. Those who are disabled and do not receive the support to which they are legally entitled make me sad. I sincerely thank you, June Renae Matthysse. Imagine making $6k in 20 days with an investment of $1.5k
That woman transformed my entire life for the better. Among the folks I've met, June appears to be the most trustworthy. I'm surprised you know her as well
If I could id walk off my job! And just work part time and enjoy life! Cancer took my life savings and that's with insurance! So many never had a life outside of work.
Azul has come along with the most well off cohort of American society, left over from the 70-80’s. Those days are long gone as the Millennials coming on are making less in real wages, have much more debt and less secure jobs. This situation will only get worse as the Banking cartel continues to transfer all real wealth to the top while relegating what should have been the new middle class and the new nuclear family into high tech peasants on the global farm. The number one complaint of workers now is that they are getting payed for 40 hours while actually working far more. Not much different from the way the Romans ran their slave system.
No one should retire unless you have a realistic way to pay for your inevitable bills. Otherwise you are just denying reality. And if you havent started saving and investing by age 20, you can forget retiring at all.
1. You're stating the obvious 2. Since I spent my late teens/early twenties in the Marine Corps and then focused on obtaining by Masters degree after that, I wasn't able to start saving until I was nearly 30. Now, we have 11 weeks left until my wife retires (I've been retired since 2021) at 55. Everyone's situation is different.
If you lack any imagination whatsoever I suppose it might be. If work is your God then my lawn need mowing. Why waste any leisure time or sleep when you could be making money, right?
Huh? Are you counting home equity as retirement savings? Because it's not. Count it on a net worth calculation, sure. But it's not liquid nor cash flow producing
Retired at age 53, I am in my early 60s. Because they couldn't understand the idea of not working if you don't have to, many individuals resisted me. I viewed my life in phases. In my latter years, I owe it to myself to "stop and smell the roses," even if I have worked hard to get everything I have now. My situation is that I retired and moved to Latin America. It made it possible for me to enjoy my new surroundings while escaping all the bad things that were going on in America. None of the people I've met regret retiring.
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement fund has grown way more than it would have with just the 401(k). Haha.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than a million dollars by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like ’Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Absolutely grateful we retired early at 62 and 60! We enjoyed 7 wonderful years of being retired before a devastating diagnosis. Don’t miss this beautiful time in your life!
Semi retired at 60, taking Fridays off (i.e. working 80%) until I turned 62 when I took Mondays off too (i.e. working 60% with 3 days working weeks). Increasingly volunteered with the Red Cross and other charities ever since until fully retiring in a little over a year aged 65. I loved every bit of it and colleagues envy me every day I work at their side. Retiring doesn't have to be an abrupt thing, it can be a smooth transition if you so plan it. Best of luck to all 😎☀
Retired at 59 and love it!!!!! Open up my life to do more!!!!!
Retired at 54 due to work stress, best decision I ever made. I have made more passive income than work income, lowered my blood pressure, able to travel, and smile more.
As a follow-up to my recent Comment today, I had a few friends that either died or lost their health trying to chase a higher pension and as a result never got to enjoy retirement even a single day. That really drove me to retire early.
Dang, that’s really sad. I’m sorry you had to witness that. My bestie and I are trying to retire ASAP. I’m planning to invoke the Rule of 55 at 30 years of teaching.
Coach2winI never made it to my company's rule of 55 because they decided to outsource our entire department for cheaper oversea labor. But you know what? Didn't matter, I retired anyway. Life is too short having your life dictated by greedy, selfish companies who do not value loyalty and dedication. They only value the bottom line
@@FIRED13 thanks for sharing. I feel my teaching job is safe since I’m 19 years in. AI can’t replace me. 😅
Retired at 50 yo, it was scary at first, but no regrets. Now 75 yo and thriving. Freedom is amazing
In the U.S. railroad industry, you can retire on your full Railroad Retirement pension at age 60 with at least 360 months of service (60 years). I did this at age 60 with nearly 40 years' service and haven't looked back. 2nd best decision in my life after my 1st which was to make a career of the railroad industry.
That's a beautiful view you have. I could spend a month there, and take notes. I went near there viewing Mayan ruins on my way to Belize. I don't have a life purpose, other than seeing neat places in the USA and other countries. So far the Travels have been fun for 14 years.
Love it
Skip eating out, especial dinner with drink, will help you to retire early and retire healthier.
Drink water, no appetizers, no desserts, you will leave full for 1/2 the cost.
My wife and I were LEO’s who retired in our 40’s. Two pensions. We planned ahead. She volunteers at the local animal shelter and I grow vegetables, hunt and fish. I tell folks who ask that question that if I would have known how much I would love retirement, I would have done it 30 years earlier (lol). We are now in our 50’s and loving every day.
My profession doesn’t really allow me to cut back- i have decreased to 0.7 fte but while i get more time off, my time on is still hellish with nights , weekends, holidays forever part of my schedule, so I’m retiring early at age 57 in a few months . Can’t wait to never take call again! Can’t believe I’m finally at this stage in life for self care and fun projects .
Retired 4 yrs ago in 40s. No regrets, but purpose, routines, giving back methods took intention to establish. The math was easy.
I wish there was a stronger word for regret. I retired in June of 24. I was an elementary principal for 37 years. I loved my work until the last year. Things got hard. Instead of sticking it out, I retired. If you love your work, THINK CAREFULLY. Regret sucks
I retired as a middle school teacher in June of last year too. I do miss the reward of a good lesson or when you are able to help a struggling student and my colleagues. But I don’t miss the day to day grind of planning and grading. I’m still finding my groove. Playing golf, traveling some, hiking. Will soon look to volunteer a bit. But I don’t regret being able to explore new things in my life. There are lots of things to learn, explore, enjoy. Having downtime can feel like boredom because we just aren’t used to it yet. Best of luck in your retirement!
Until the last year. What makes you think subsequent years would have been better? And if you love teaching so much (and my experience of principals is that it is more parent relations and administration than teaching) then volunteer as a classroom assistant or reader for those with literacy issues.
I retired at 63 recently, no regrets so far
Beware of the tax torpedo, look it up on RUclips. When you retire live off your Ira or 401k first! While letting your social security build up a few years . If in doubt , use a tax program to run the different tax scenarios.
Can you retire early, but only start pulling SS at 67? That's what I was thinking I'd do.
You can, as long as you have enough nest egg to get you to 67. Best of luck to you in your journey.
Good advice
Fantastic background and subject covered today. Showing us how good early retirement can be, along with how to get there while avoiding mistakes along the way.
New to Azul? He drops new videos daily with expert advice to get to and through retirement. He is life changing.
52 today. Plan to retire at 57. Make a decent income (wife too). Invested most of my income the last 15yrs. Household expenses have increased significantly over the last few years but we continue to save/invest diligently. We want to get out of dodge asap. 2030 is the year. 🤞🏼
Thx Azul
The level of inefficiency and corruption in this administration is becoming absurd. Those who are disabled and do not receive the support to which they are legally entitled make me sad. I sincerely thank you, June Renae Matthysse. Imagine making $6k in 20 days with an investment of $1.5k
That woman transformed my entire life for the better. Among the folks I've met, June appears to be the most trustworthy. I'm surprised you know her as well
I've noticed a lot of people talking about June, she must be amazing for everyone to be saying so many wonderful things about her
You are sure to find more information about June Renae Matthysse if you search her up online
Exactly that's her name, look her up with the name above
Where are you…It looks absolutely amazing!
If I could id walk off my job! And just work part time and enjoy life! Cancer took my life savings and that's with insurance! So many never had a life outside of work.
Honest question; people are escaping Guatemala, why is it a good place to live? Dangerous?
Love lake Atitlan. I’m thinking about retiring in 2025. I need to work on finding the next chapter in terms of purpose.
What I wasn’t prepared for is you spend more time awake in retirement!
IF you want for nothing, you're right , it pretty much comes down to " what's my purpose in life now ". Goodluck❤
Azul has come along with the most well off cohort of American society, left over from the 70-80’s. Those days are long gone as the Millennials coming on are making less in real wages, have much more debt and less secure jobs. This situation will only get worse as the Banking cartel continues to transfer all real wealth to the top while relegating what should have been the new middle class and the new nuclear family into high tech peasants on the global farm. The number one complaint of workers now is that they are getting payed for 40 hours while actually working far more. Not much different from the way the Romans ran their slave system.
70 is approaching the slow-go years. What are you gonna get, 10 years until disease or death?
Agreed... retire early if you can. Take advantage of the go go years!
You’re retired? RUclips is a lot of work
No one should retire unless you have a realistic way to pay for your inevitable bills. Otherwise you are just denying reality. And if you havent started saving and investing by age 20, you can forget retiring at all.
Wrong about starting investing at age 20.
@@cutehumor Your opinion
@@jivefive99 a wise opinion
1. You're stating the obvious 2. Since I spent my late teens/early twenties in the Marine Corps and then focused on obtaining by Masters degree after that, I wasn't able to start saving until I was nearly 30. Now, we have 11 weeks left until my wife retires (I've been retired since 2021) at 55. Everyone's situation is different.
@@swtexan6502 15% of people retire with pensions today. 85% dont. You and I are in the minority.
RETIRING IS BORING , SORRY MY BROTHER
It doesn't have to be boring. It's what you make it.
If you lack any imagination whatsoever I suppose it might be. If work is your God then my lawn need mowing. Why waste any leisure time or sleep when you could be making money, right?
I follow your channel but you are turning into blah blah blah
80% of Americans have less that $100K saved? How?!!!
I mean, what about home ownership? Did that eat away at their savings power?
Huh? Are you counting home equity as retirement savings? Because it's not. Count it on a net worth calculation, sure. But it's not liquid nor cash flow producing
@ , that’s what I meant. House rich, but cash poor.