3 Reasons To Retire As Soon As You Can

[@Oli-Robinson]

Retiring at 56 was my choice. I recognized life's stages; earn and then enjoy. Now living abroad, I'm appreciating new experiences and leaving stress behind. I have not met anyone who regrets retiring

[@AdamLevcross]

A comfortable retirement requires prudent planning. Those struggling often lack sufficient savings. My husband and I were both civil servants. We made informed choices. He invested through a financial planner and I utilized my 401(k). Now we enjoy continued income in retirement

[@OwenFlex]

This is true. I'm in my mid 40's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.

[@John-ww2fv]

Yes, so also does insufficient information fuels investment anxiety. However working with a CFP has allowed me earn over $500k with ease even in turbulent markets

[@TheDuke792]

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.

[@OwenFlex]

JOSEPH NICK CAHILL is my CFP. His expertise transformed my financial outlook. Now I recommend him to you because I understand where you stand

[@MaximilianFischer497]

I was told to spread my money across different things like stocks and bonds to protect my $750k retirement savings. Now, with the markets being shaky, should I keep adding money to my portfolio or consider other options?

[@TicheDebb0]

If you're new to investing or don't have much time, it's best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.

[@Thespring4hub]

Having an lnvestment advser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K so far, that made it clear there's more to the market that we avg joes don't know

[@MarshalWagner457]

This is really nice. I worry that I have a couple more years before retirement, and I want to switch to using a financial advisor, I could really use the expertise of this advisor

[@Thespring4hub]

Actually it’s a Lady. Yes my go to person is a ‘Diana Casteel Lynch’ So easy and compassionate Lady. You should take a look at her work.

[@AshleySommerset808]

Found her webpage, I wrote her an email and scheduled a call. Hopefully she responds. Thank you.

[@stephfoxwell4620]

Time is more important than money after age 50. Time to yourself. Time with family and close friends. Time to live.

[@kevinblanton7567]

So true!!

[@davidbrooks8809]

I do both...money and time!!

[@davidbrooks8809]

time doesnt pay the bills money does😢

[@stephfoxwell4620]

@@davidbrooks8809 Money is time. Everything has a time price. How long you need to work to get it. The diligent among us ensure we have enough to retire early, while still healthy,and enjoy the time

[@chchwoman9960]

No it definitely is not. I would rather not survive into old age if I had to be cold and hungry

[@sherriscreativemind]

I retired at 62. The time driving to and from work was an hour each way. 10 hours a week of driving! It was an excellent job and paid pretty good but I was so TIRED. I tried to transfer to another office closer to home without success for two years prior and every door closed in my face. Then it seemed God was leading me to look into retirement... I did just that and I haven't regretted it once! Biggest blessing ever!

[@Olga_StPierre]

Wonderful. Commutes are the worst.

[@drewdemarco4433]

House paid for though? That’s my problem, $215K left.

[@JohnBowl14690]

I can't say I blame you. My commute isn't overly bad because I only do it 2-3 times a week. Not having to do it 5 times a week is a game changer because my commute is cut in half. You can always consider working part time if needed.

[@sherriscreativemind]

@@drewdemarco4433 yes, we are blessed but worked hard all our 48 years together.

[@sherriscreativemind]

@@JohnBowl14690 Thankfully, I don't have to. ☺

[@austinbar]

I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.

[@eloign7147]

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.

[@joshbarney114]

This is true. I'm in my mid 40's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.

[@rogerwheelers4322]

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.

[@FabioOdelega876]

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.

[@rogerwheelers4322]

I definitely share your sentiment about these firms. Finding financial advisors like Marisa Breton Dollard 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.

[@DanielWyatt-x2e]

An increasing number of people are likely to face challenges in retirement. Low wages, rising inflation, and high rental costs make it difficult to save adequately. Now, even middle-class Americans are struggling to afford homeownership, putting their retirement plans at risk.

[@DanöVee]

The surge in living costs has disrupted my plan to retire at 62, work part-time, and continue building my savings. I can't help but wonder if those who weathered the 2008 financial crisis had it easier than what I'm facing today. The volatility of the stock market, paired with a decrease in income, has raised concerns about whether I’ll have enough funds to secure a comfortable retirement.

[@FrankJaaay]

This is exactly why I rely on a portfolio coach for my investment strategy. Their expertise-managing both long and short positions, capitalizing on asymmetric risk, and strategically hedging against market downturns-makes it incredibly difficult for them to underperform. Over the past two years, working with a portfolio coach has helped me generate over $800,000 in returns.

[@Toni__Michelle]

Would you mind sharing the name of your coach? I’m very interested in exploring this service.

[@FrankJaaay]

Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.

[@ToreyLanez]

She seems highly qualified. I looked her up and found her website-thank you for the recommendation!

[@larry-ni5db]

Just retired at age 62, way too many friends passing away from cancer

[@Olga_StPierre]

I hear you. Cancer sucks! Eating well is very important. Happy living well in your retirement!

[@joncooke9515]

I’m 54, recently lost my twin. I can retire in 9 months and I’m sure I will in not too long. Living big enough for both of us.

[@harism2001]

Astra just took off their vaccines for good. Zionist run pharma run by the White House mafia will see ppl don’t reach 70. Covid vaccines was a game.

[@tia904]

Cutting s gar, real or not, to almost zero is critical.

[@kimhorton6109]

77 and I retired in 2008 from an on call 24/7 job at a glass factory. My wife had been fighting colon cancer for more years than I can count. We did fine until she finally did pass in 2013. Now I’m still living on an IRA and SSA being frugal. I have exactly as much in savings as I did the dyy I retired thanks to careful living.

[@Riggsnic_co]

Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.

[@KernowFishy]

I'm a bit younger and also going next year. I left it too late though . Disability has struck (that killed my dad at 66). I should have stopped soonee, none of the plans I had will happen now. I'd urge anyone to stop if it's viable before your health collapsea. Health life expectancy is far lower than people think.

[@STEWDEE]

@KernowFishy Life expectancy is dropping for Americans. Sad. Our food and water is very toxic.

[@Renee-b5b]

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

[@CheriFanizza]

Consider buying stocks when the economy is not doing well, like during a recession. It could be a chance to buy them at a lower price and sell later when prices go up. Just keep in mind, this isn't financial advice, but sometimes it's better than keeping a lot of cash.

[@brenda-v7c3k]

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

[@Tommyp-w1b]

Mind if I ask you to recommend this particular coach you using their service?

[@brenda-v7c3k]

'Grace Adams Cook' is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@Tommyp-w1b]

She appears to be well-educated and well-read. I just ran a Google search for her name and came across her website; thank you for sharing.

[@joer1678]

I retired at 63 because two closed friends passed. Now 65 just lost my best friend. You can always make more money but you can’t get back time.

[@RolandIbera]

Agree100%. I am 66, all of my close friends from childhood days have all crossed the rainbow bridge into the after life. So be happy and enjoy your life now well you are still alive.👍👍👍

[@darrensmith650]

Very true.

[@Jasmine-ur1sl]

I too lost a very good friend of 40+ years whose intent was to retire at 64. She was diagnosed with brain cancer on Memorial Day weekend of 2022 and died a few weeks later that same August just a month shy of her 64th birthday. I am still trying to process this and the loss of another friend (much older) earlier this year. My retirement goal is next winter 2025, but I am beginning to seriously reconsider that time line.

[@lion-667]

I'm sorry for your loss , old friends can't be replaced.​@@Jasmine-ur1sl

[@sammencia7945]

Not normal. What are they doing to live short lives? 57 million in USA over age 65 76 million in 2050.

[@KristinPMosher]

People who are able to retire early are lucky . I have 15 months till 65 and need to look at calling it quits, my only fear is running out of funds much later, thus keen on investing. What could be the safest possible ways to invest for cashflow, in order to afford lifestyle after retirement?

[@Grace.milburn]

consider investment planning, learning from a well experienced advisor is invaluable

[@mariaguerrero08]

That's right. I am a wife, mother of four and new grandmother, 28 years in Corporate America, retired recently at 57 after discovering the freedom investing could provide, been contributing to my portfolio since the pandemic in early 2020, and have grown a $250,000 savings account to almost 1 million, credits to my investment advisor.

[@mikegarvey17]

@@mariaguerrero08who is your advisor please, if you don't mind me asking?

[@mariaguerrero08]

"Izella Annette Anderson" is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment

[@ThomasChai05]

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

[@geraldmahoney4856]

I retired at 63. Last month. I just got my 1st SS check this past Wednesday. I don’t regret it at all.

[@alexsteven.m6414]

My original retirement plan was to retire at 62, work part-time, and save money. However, high prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.

[@KatyaSantos-g4c]

I’m 77 and still working full time. I do enjoy my work, it provides me with purpose and has secured my financial future. Most people are too eager to retire as early as possible. Even if you do retire early, best to get a part time job for the reasons cited above, as well as following many if not all of the suggestions in this video.

[@Greggsberdard]

These factors definitely play a part when I think about whether to invest in a stock. But I never make a purchase based solely on that. I always consult my financial advisor, who has helped me build a well-diversified portfolio worth $985k, which has seen tremendous growth.

[@PennyBernadette]

Do you mind if I ask how you found this coach and used their service? I'm having trouble figuring out when to buy or sell.

[@PennyBernadette]

Thank you so much! This is exactly what I needed right now. I wrote her an email and am waiting for her reply.

[@Raniyanhunter]

I have an Investment portfolio that's worth $380k, thats clearly not enough for retirement. I need an average risk investment strategy in stocks that'll give me more yield. Is buying stocks now a goods idea?

[@garnold-l5p]

As they say, time IN the market is better than trying to time the market. I think you should seek advice from licensed financial advisors. They’ll give you guide on high risk and low risk investment strategies for your portfolio

[@Mlanderos-t9e]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@Anessa-gibson]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@Mlanderos-t9e]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Judith Lynn Staufer’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@Anessa-gibson]

I just looked up her website on google and I would say she really has an impressive background in investing. I have sent her an email hope she gets back to me soon. Thanks

[@jonathanjacques7250]

Retired at 59 now 61. One of the Best things Ive done. Thankful I was able to financially.

[@Blah-blah-sure]

And that’s the big factor. Finances!

[@vincentharris7909]

You earned it! Congratulations! 🎈

[@litao3014]

What about your health insurance?

[@July.4.1776]

@@litao3014 Health insurance has to be part of your plan.

[@paulgore1237]

Me too 😅

[@yvettearestakesians1219]

I have met many people who had less money in the bank and were way happier than those who had more money in the bank by holding full time jobs. You do not need to have alot of money to retire. You need to plan. The sooner you plan and put those plans into action the sooner you can choose to retire.

[@Olga_StPierre]

Yvette, you are 100% right!

[@mthreezo]

Retirement becomes truly fulfilling when you possess two essential elements: ample financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement.

[@MaryWilliamson-h2o]

Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.

[@michaelwiebeck3]

I have been retired for five years now. Although I've been adhering to the 4% rule, things are challenging as I did not anticipate. 30% of the $600K I invested in st0cks is lost to the market. How can I diversify my portfolio for retirement

[@Pconradsmith]

Now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.

[@CindyValenti]

Having an lnvestment advser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K so far, that made it clear there's more to the market that we avg joes don't know

[@Jakepattison42]

This is really nice. I worry that I have a couple more years before retirement, and I want to switch to using a financial advisor, I could really use the expertise of this advsors.

[@CindyValenti]

'Annette Christine Conte' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Jakepattison42]

Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

[@nicolasbenson009]

I am currently in my 50s and This is no time to taper retirement savings. I want to max out my retirement contributions and I also have another $200k in a savings account that i want to invest in a non-retirement account. Where should I invest it now?

[@sharonwinson-m8g]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

[@ClarkeGriffiny7]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@TinaJames222]

Please can you leave the info of your investment advisor here? I’m in dire need for one

[@ClarkeGriffiny7]

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.

[@ScottKindle-bk3hx]

Thank you for the information. I conducted my own research on google and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call.

[@deanrotering879]

I will retire next year at 60. I like my job ok but am just sick of working. I have been working more or less since I was 13.

[@johnbruenn8755]

Me too. Been paying income tax since age 14. I haven’t had a month off since I was 14. That’s gonna change in 3 months. I’m done at 62!

[@Peter_Pepper_Love]

Every day is Sunday when yer retired ☝️😁💛

[@PeterLeo-m6w]

Me too!! Work since 8 yrs old n retired at 55 coz tired of working!!❤❤

[@deanrotering879]

@@PeterLeo-m6w Good for you. I didn’t get my crap together soon enough to do that lol.

[@deanrotering879]

@@Peter_Pepper_Love I hope so.

[@rickywhisenhunt4582]

A minimalist lifestyle is the process of identifying what is essential in your life and having the courage to eliminate the rest. When you remove the unnecessary, you free up your time and capacity to focus on the things that truly matter in your life. Less is more.

[@Olga_StPierre]

Agree, not easy to most people though.

[@RolandIbera]

I also agree. However, it's very difficult in America to live a 'Spartan' lifestyle.

[@slprn67]

I do the same. Minimalist. Spend on the basics only.

[@mdesnica]

@@RolandIbera why would that be difficult in USA?

[@Biggsneeky]

@@slprn67 ..........I love the idea of a "Minimalistic" lifestyle! I'm in the process of getting rid of clutter and most material possessions and just focusing on my basic needs! 💯💙💪🙏

[@JayMomoa-4]

I’m 32 and investing for the first time in my life. I have started contributing to my 401K and opened a Roth IRA with automatic contributions, but my question is, does asset allocation really matter at first, or perhaps I am just overthinking as a beginner?

[@Olga_StPierre]

Automatic contribution is great! You're young and can afford a more aggressive investment. Also look into investing in real estate. I am a big believer in growing wealth through real estate.

[@PavelSTL]

Overthinking. Automatic contributions to an Index fund, like S&P 500, is all you need for now. Don't waste money on professional "experts" or fees for managed funds. If you can afford, max out both 401k and Roth IRA.

[@JeffWilliamfick]

I retired in late 2022 at the age of 62 and am doing just fine. My home was paid for and I didn't have any debt. I have about $550,000 in savings, IRAs, and a brokerage account.

[@paulc1352]

Time is our greatest asset.

[@chrishart8548]

It's our only asset

[@VioletJessica-]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

[@claircourtway]

I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

[@VioletJessica-]

@@claircourtway That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

[@claircourtway]

@@VioletJessica- My advisor is VICTORIA CARMEN SANTAELLA;

[@claircourtway]

You can look her up online

[@ElijahReuben-]

@@claircourtway The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

[@charleswenn6088]

I fully retired at 55. I took a hit on my pension, but it was worth it. It's only been 18 months, but I'm not looking back. It helps that i have no mortgage, credit card debt, or a car payment. My wife and I stay very busy with our small hobby farm and our very big garden. I would suggest to anyone that you retire as soon as you can.

[@matt75hooper]

We're you a lifelong govt hack ? Not everyone can work a cushy govt job & retire at 55. Whom do you think is paying for your overpaid under worked job ? The Taxpayer. Enjoy your super early retirement. You're Welcome.

[@charleswenn6088]

@matt75hooper Sorry your life didn't turn out well, Matt. I'm not sure where you went wrong, but just so you know, i never worked for the government. 35 years in construction. I put in a lot of hours mixed with blood, sweat, and tears. Hard work and faith in the Lord is my way of life. Hopefully, things get better for you. Bitterness is a sad way to live your life. Let it go.

[@coachkimsiegel]

Golden handcuffs! Got them… I think

[@donnellwilliams6272]

Anytime you can be the boss of yourself that’s a huge plus. Retirement gives you control to do what you want when you want! I’m healthier now than working in a toxic environment. Money isn’t everything! Your health and sanity is priceless! When you do retire, keep busy, exercise and laugh ,yes laugh…..you finally made it! You’ll have a lot to laugh about now!!!

[@brucegreenwood8323]

Amen

[@Sally01d]

So true…I just retired and I don’t miss the toxic work environment! I love being my own boss 😊

[@NicholasBall130]

So far I'm doing good, approaching retirement with about 800k in savings. Transitioning from building wealth to spending can be scary, especially with soaring inflation. My question is, after maxing out my tax-advantaged retirement accounts, what next?

[@StacieBMui]

In my opinion, some financial situations can be handled on your own if you research enough, while others are best navigated in consultation with a financial advisor

[@cowell621]

Agreed, the role of advisors an only be overlooked but not denied. I was shocked that I made more money with investing than hard work, not even my CEO income. Earning ''return on investment'' fetched me millions within a space of 5 yrs.(But I still enjoy working)

[@cowell621]

I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Rebecca Nassar Dunne turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

[@Olga_StPierre]

Do you have your rainy day fund set up?

[@pizza4me298]

I retired 2 months ago, 2 months before tuning 60. Was going to wait until 62-63 but decided to retire and focus on my health. I now walk 5 miles a day, in the sun, used to only see the sun in brief glimpses during my commute. Don't forget the time after retirement has all of those wasted hours back from working and travel to and from work. Retirement time is better quality time.

[@lisalee2885]

I'm 59 and wanting to retire now 😂 I have some savings, home paid off and no debt. I probably can't get SS until I'm 62...haven't even checked. I want my free time. So I figure I can wing it for a while and then go to part time job until SS. Just a hope ❤

[@pizza4me298]

@@lisalee2885 I never could swing a home, so I focused on my retirement. Still renting the same apartment since 93. Having a home paid off is massive. Don't know yet if I will take SS at 62 or 67. Nice to have the option if needed.

[@lisalee2885]

@@pizza4me298 WE do the best we can and honestly in these days THANKFUL to have so much. Best Wishes...keep Smiling and moving 😁👍

[@jeannettebrantley7257]

😮 Thank you for confirming all the things that have been on my mind as I turn 65.....

[@michelebolton4615]

What do you do for health insurance?

[@tomf9292]

Great video…I Just retired Wednesday. Im 59 and I still do part time work to help pay for healthcare without dipping into nest egg. 6 months on Cape Cod , 6 months in S FLA. RETIRE EARLY and enjoy the fruits of your labor before it’s too late and stay healthy!

[@leorobinson5737]

Nice

[@MrChazz965]

Makes me happy to see other people retire early. One question I asked myself when deciding was ‘when I’m on my deathbed will I regret that I didn’t working more, or will I regret not spending more time with loved ones’? It was a no brainer.

[@Olga_StPierre]

Great thoughtful question!

[@karltinson5327]

Sounds like you read “The Last Lecture”. Great book

[@Olga_StPierre]

​@@karltinson5327great book! I have it.

[@trumanbest3142]

I am 67, lower middle class. Retired after 20 years serving in US Navy. Worked at local state college for 10 years part time teaching math and then retired completely at 55. Absolutely best decision I made in my life. Past 12 years of having my time to myself to do just about anything I desired, mostly stayed home , loll, was and still is the best.

[@Olga_StPierre]

Sounds wonderful. Thank you for your service from another veteran family.

[@samanthafox3124]

Thank you for your 20 years of service!

[@DarnellsStevenses]

This is my fifth year after retirement. I’ve been following the 4% rule thing I saw on a KZbin channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get worried.

[@KheroFrei]

Amazingly, you were able to save that much during your active years. Not a lot of people can save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital, so you are not left devastated during a market crash or recovery. To simplify the process, you could allocate your resources with the help of a financial advisor.

[@KennithsAbadies]

@@KheroFrei Yeah, I’m also closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who have been investing for many years.

[@DarnellsStevenses]

@@KennithsAbadies Hey, this caught my interest. I worry that I have a couple more months before retirement, and I want to switch to using a financial advisor, but I don’t know how to find one.

[@KennithsAbadies]

@@DarnellsStevenses Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with MARGARET MOLLI ALVEY for the last five years or so, and her returns have been pretty amazing.

[@DarnellsStevenses]

@@KennithsAbadies Thank you for this tip. it was easy to find your coach. Did my due diligence on her. She seems very proficient and I'm grateful for your guidance.

[@shannont.7773]

I retired at 51, I’m now 53 and enjoying life to the fullest 🙏🏾

[@Hannahbenowitz]

if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries

[@littlebluefish6606]

Great video. I retired last year after I turned 60. Of course I spent my last year of working also in a cancer battle. The earliest I could retire with my full retirement was my 60th birthday and I went out that door. I beat that round of cancer. I’m wrapping up treatment for my second round now. Statistically speaking, I probably won’t see 90. So to heck with working. If I dropped dead at my desk, they’d post my position the next day. Work doesn’t care about you the person. So it’s time for me to enjoy my life.

[@Olga_StPierre]

Sounds great!

[@susancrowe8552]

I totally agree with you

[@edwizard62]

Thank you Olga. I'm about to be 62 and just filed for Social Security.. I'm selling my house and moving out of Florida. If I stay here, I will never have peace. I have too many "Friends" that take up a lot of my time fixing their issues and problems. I never have time to myself. Your video opened my eyes and helped me decide that it's time to travel and visit my family in Texas and Colorado...it's time to Retire now.

[@rocqitmon]

Amazing but understandable reason to ditch Florida. I've seen so many unprepared to manage their affairs. They were lucky to have you but you don't need that responsibility! Enjoy next chapters.

[@genxx2724]

Your comment reminds me of a woman I used to work with. She had a lot of vacation time saved, so she started taking off work every Wednesday. That way, every workday was either a Monday or Friday for her. It was either the first day of the week, coming in rested, or the last day before break. She didn’t tell anyone she was off on Wednesdays, because they would have commandeered her day off.

[@rosemarykingpate7832]

@@genxx2724 Haha, I love this idea!!

[@Beatricegove733]

As part of my retirement plans and also owing to the very shaky housing market now, I just sold a property in Philly and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains in months, I'm really just confused at this point.

[@carssimplified2195]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@doyleshafferTHEDOYLE]

Beatrice spread your investment money over dividend kings and aristocrats, the dividends rise each year, and here's the thing you must remember, stocks prices go up and down, but dividends will pay your bills. You can find the lists at Sure Dividends...Happy Retirement.

[@AudiHara]

Put it in gold

[@tinayeung3308]

Money is important, but if we need to struggle to work till we feel secure for old age life, I rather enjoy the moment when I still have my health, that’s why I stop to work a big at 50yrs old and travelled even by myself all over the world, after few years of travel, I felt myself are fully happy for my life. Now nothing is scary for my future life, I am fulfilled ❤

[@tahirisaid2693]

I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals??

[@MagdaleneM-f3q]

keep contributing to your 401K, remember you are in for the long haul, but I'd suggest you consider financial advisory

[@Olga_StPierre]

Diversification is important. What about your real estate?

[@rnp1785]

Exactly why I retired at 57 God willingly I’ll have more time to enjoy life before passing away

[@Aarrenrhonda3]

We experienced the pinnacle of our era, but it is now gone. Like what happened to Rome, the corrupt administration will bring this nation to an end. My condolences go out to anyone who is close to retiring and may be worried about whether their pension will be enough to pay the rising cost of living. Insane fiscal policy, poor regulatory policy, poor energy policy, and poor foreign policy

[@Rachadrian]

50 and early retirement. I'm very worried about the future and where we're all heading, especially in terms of money and how to get by. I'm considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?

[@Olga_StPierre]

There is never the right time, so dive in and get going!

[@michaelwiebeck3]

Opportunities are scarce; make an investment today to become financially independent. I am participating in numerous sectors with the help of a Financial Advisor, and success seems to be more straightforward than I had thought.

[@michaelwiebeck3]

Having an lnvestment advser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $220K so far, that made it clear there's more to the market that we avg joes don't know

[@Pconradsmith]

I appreciate your advice. How can I get in touch with your Financial Advisor, if you don't mind? I am in severe need of financial aid.

[@seanlotz9581]

"The whole future lies in uncertainty: live immediately." - Seneca

[@Olga_StPierre]

Great respect for Seneca!

[@seanlotz9581]

@@Olga_StPierre ♥️

[@erdbeerenerde8148]

Great 👍

[@A13JMC]

I retired at 60. Pushing 70 in a few months. Could have retired at 55, but looking back, I feel the decision to retire when I did was the best I could have done and it was the right decision for me.

[@Olga_StPierre]

Wonderful!

[@margaretzhang1107]

What was your medical insurance after retire at 60?

[@A13JMC]

Medical insurance of course is related to how much the premiums are. Medicare at age 65 and supplemental to go along with it, a federal insurance plan was dropped because the premiums were going through the roof.

[@ricomontesa2691]

Hi. I’m hoping someone can answer my question. I am 60 years old and planning to work less (3 days instead of 5 days). Will I be penalize for that 36% penalty for early retirement when I decide to fully retire at 65 yes old? And if so, how much in percentage?

[@itonlytakestime]

There’s a lot to decide on… most times it is better as a beginner to delegate your day-to-day investing to awell experienced advisor

[@mette-lo]

I'm in line with having an advisor oversee my day-to-day investing cos, my job doesn't permit the time to analyze stocks myself. I got fully invested since the covid-outbreak, and thankfully, my 6 figure portfolio has 5X in barely 5 years, amassing nearly $1m as of today.

[@JayMomoa-4]

@@mette-lo good gains! who is the professional guiding you please? enthused about investing for my eventual retirement but dont know how to go about it, for now I only invest in my 401k through my employer and gains are quite slow

[@mette-lo]

Katherine Nance Dietz is my FA. Just google the name and you’d find necessary deets to work with. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@Biggerstaff4]

excellent share, curiously inputted Katherine Nance Ditz on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal

[@Skyeagle-n6c]

Good thoughts for people who have a lot of friends and family they have strong relationships with. For those who do not, the lack of work creates a hole in social outlet and belonging which has a detrimental impact on one’s mental health and self esteem.

[@royharper2003]

I totally understand what you say. I'm 56 and can retire comfortably but what am I going to do with all this time? my parents are gone and I don't have a big friend pool especially since I've been teleworking since COVID.

[@carriehugeback2997]

Sad 😢

[@BunnyRabit-yo3lx]

​@@royharper2003 Volunteer or travel? Fall in love; adopt animals or children; build a "grand designs" house. I could come up with so many things to do if i were you.....😂❤

[@glenmason1876]

Get hobbies, learn new skills, go out and meet new people, there is more to life than work, I've been retired 4 years now, don't miss work at all, time flys

[@krivoli86]

I agree. That’s exactly why I am reluctant to retire. It’s true, hardly anyone will regret at death bed not having worked more hours, yet it needs a substitute that provides sense and purpose. The real sad thing is, that we don’t have this other purpose 😢 Pursuing some hobbies is nice, and it might be fulfilling for some time. But I‘d say latest after the first year, if no adequate substitute is found, it becomes a real issue. Also, if your partner can’t afford to retire early, then that’s another challenge.

[@BenTodd-fl8nv]

I’ve been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow, considering all the inflation, into something substantial that I might use for retirement. I’m just here for ideas

[@Theresaa12]

50% stock, 20% Bitcoin, 20% high yield CD/ bonds, 10% cash/ fully liquid stable asset

[@HarrisRyan-oy8eo]

At a point like this, it's best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.

[@A_francis]

Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future

[@Debbie.Burton]

Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.

[@RickWatson-xu6gw]

Hey friend, How can I work with your Fiduciary?

[@AJ-hi9fd]

I’ve listed my pluses and minuses. I’m a fit and healthy 61 year old, I love my job and have recently reduced my hours to one day a week, this works really well and keeps my brain busy.

[@glenmason1876]

You don't need work to keep your brain active, get some hobbys, read, learn about new things, use a computer, don't waste time working, even part time, if you can afford it

[@AJ-hi9fd]

@@glenmason1876 I read regularly and I’m learning French as well 👍

[@EddieSmith917]

At 35 I found myself on the streets for 2 years with an undiagnosed mental illness. I got help, employment now I'm semi retired 6 months on 6 months off I truly appreciate both sides of my life

[@jenied2306]

I pray life continues to improve for you.

[@gatewayz75]

Wise words. My mother worked in a high school and retired at 65. She really only had about 10 years of a quality retirement before dementia started to show at 75, she went into high care in a nursing home by 79 and passed away at 82. She saved and planned for her retirement for many years and made wise investments. She was very healthy and vibrant. It was such a tragedy, so much of her savings went to paying for her 24/7 care. She did travel in her 60s thankfully. Take care everyone

[@RolandIbera]

I am 66, started collecting social security at 63. I work part time in a hotel position that I really enjoy. I enjoy working with young co workers, I feel younger. I still have time to go to the gym for exercise, spend time with family and friends. Enjoying my life I living in fabulous Las Vegas 😊😊😊

[@Olga_StPierre]

Sounds wonderful!

[@marvelcomiks8078]

I am 55, and have 2 fully paid houses, one rented out. I probably can survive just on that rental, but I am still working because I like my work and my colleagues are nice people. I did think of retiring and tried taking long leave...but then I got really bored during those days. Doing absolutely nothing makes me feel like I'm just 'waiting' to die. I've travelled the world (over 30 countries) in my youth, and have tried almost everything that I have wanted to try. There really is nothing more to do. Sometimes I just take the bus that leads to nowhere, alight and just walk and if there is anything nice to try or eat I just do it. Retirement is good if you have some friends of your age that retires with you. But many of my friends cannot afford to retire, so I just join them...to work.

[@lisalee2885]

I'm 59 and although I may retire very soon...I will because there are more important things I can do that help others. I've watched neighbors who worked 9-5 and retired. Wow! Within 6 months I've seen their physical decline. They piddle around but they don't do enough. I suggested they volunteer or work part time but now in less then a year she has major health issues 😢 Keep moving folks 👍🙏🤍

[@marvelcomiks8078]

@@lisalee2885 Yes, whether you have money or not, don't stop working totally. Keep working.

[@ChannelSyxx]

There are so many things to do besides work. Don’t limit yourself to work. Travel, read, watch a movie you’ve never seen. Do anything but work.

[@CoffeeBreakSomewhere]

I'm not retiring yet.. 58 and can't afford to but I've never understood the "I'm bored if I don't work" mentality??? I truly feel sorry for those that have to work to find purpose in life!

[@marvelcomiks8078]

@@CoffeeBreakSomewhere If I don't work, I'll just be sleeping the whole day. I've done it several times and it reaches a point where I cannot even sleep at night! Had to find something to do.

[@djw8888]

My instinct told me 67.5 was the pull-the-plug year because I've been on my own most of my life and needed to feel financially secure. Sold the house that was too big for me and returned to school in a subject that I enjoy and will finish in a year at 70. I'll be working for another year or two but not the driven way I was working and without the need to sell my services for the highest bidder. My fitness declined during the transition, and I hired a trainer to work with me each week to build myself back up. (Main areas: Strength and balance with an eye to losing that winter weight also) Good luck to all! Social security will be claimed later this year.

[@armunro]

Great video and good advice. When I hit 55 I started feeling old. I mean up to that point I had loads of energy. Thus something is telling me its time to slow down and start thinking about retiring and not working so hard.. So I will retire next year when I am 60. Regarding the money: enough is never enough; I mean you build up that pension pot and no matter how big it gets its never enough! A tip here: look at your life now and think can I continue to live the same when I retire? I mean in terms of money.If you live a fairly simple and lets say frugal life where you don't feel the need to consume like buying expensive things, having the best/latest, flying business/first class, etc, then the answer is yes. When you retire the way you live won't change! So you think about retiring as soon as possible.

[@johnbruenn8755]

Exactly! Adjust your expenses to live on your new budget. It might require some hard decisions, but you get your time and freedom back. For me, that’s a very easy decision! I’m done in 3 months.

[@danklein8587]

Here was my retirement goal. To make as much money as I can from my investments. And I made a lot of money and retired at 65. I had no set money amount. Financial planners try to talk goals to confuse you and sell you their products that make Them Money From YOU. Especially Annuities. Huge Commissions for them. Beware. The retirement financial industry is Lying to YOU.

[@Olga_StPierre]

Being vigilant and interviewing great financial advisors is important for sure! Glad you're all set and are enjoying your golden years!

[@danklein8587]

@@lifesabeach5405 The only person that really cares about their money is the person with money. Financial advisors and planners want to make money from other people's money. And if the advice they give you loses You money. They do not care because it is not Their money.

[@shanghaiffgg]

Annuities, life assurance and some mortgages are the greatest scams pushed by the financial services industry.

[@tia904]

@@danklein8587 Very true, there's a built in co flct of interest.

[@estelladog1]

YEP! Found that out the hard way! I would never ever ever go with a financial planner. Closed out my parents account and they took the remainder just over $500, plus hits everytime you take it out plus they drill you why you want to each time you need to like you are taking money out of their pocket and food out of their mouth. No way again. No thanks. It's a racket. My parents never seemed to get ahead by much. Pretty awful. Don't do it! If you want to, take a class and invest in something that pays you dividends directly without a major corporation as the middleman with their greedy hand out! Otherwise, use multiple banks and put funds in such as, CD's ! Why in the world pay someone else to control your money when you can do the same thing when you know more about it and you don't need to know much. That's a fact. You make pennies on your money when financial planners make dollars. Forget that bs.

[@kathleenmcdonald4888]

I plan to work for as long as I can. It keeps me healthy and engaged. It is important for me to be an active participant in society. I hope to pull off a Linus Pauling and work until I am in my 90's.

[@matt75hooper]

I am surrounded by retirees here in FL. They walk around searching out poor innocent folks to yap yap yap about when they were younger and working. They never stop yapping. Retirement isnt what people think it is. And- the retirees my age look like hell. I may never retire. How much time off do people really need ? I love my work, which of course is the key to happiness & the real American dream.

[@kathleenmcdonald4888]

@@matt75hooper I agree Matt. I live in Florida also. I retired from the military after 25 years and went right to work full-time. I did not even take time off. It keeps us mentally and physically healthy. Everything you said is true.

[@matt75hooper]

@@user-px5ru8ft7k If only we could all be lifelong govt Hacks like you. What a scam.

[@michaelt2974]

Thought I was very healthy until I just had major heart attack at age 58. Needed triple bypass. Now I want to retire asap. Even though I wanted to make it to age 62. Needed to to meet my plan. But will make it work and get out soon

[@gordonause6956]

My hubby dropped dead at 58. Widow-maker heart attack. I retired 18 months later at 58. Traveled a bit, moved out of state, then moved to Maui after that, then COVID hit. I started a consulting business to entertain myself during COVID. And now I'm working again but only to fund my "real" retirement and move to Europe in 2 years. :-) All this just to say, my entire world view changed after he dropped dead on the Friday before Christmas, 2016. Live for today!!!

[@michaelt2974]

Wow you had and still have a great life. That’s because you are highly skilled and have so many options. That is great !

[@santarosa6676]

Had a triple at age 58 too! Retired at 60 and have never looked back. I call my surgery day my new birthday lol.

[@helbertasprilla]

Retired this year at 46. Best decision I've ever made.

[@Bob-xt2on]

Obviously money is not an object for you. Health costs ? Income ? SSD ? You don’t just pick an age and retire out of the blue. None of our business, but obviously you’re being funded.

[@helbertasprilla]

@Bob-xt2on I wouldn't go as far as to say money is no object. I've been working 31 years, including medically retiring from the military. I invested my sheckles for years and live off of the interest. It's not easy and I paid a heavy price but I can do what I want now and have no master.

[@lazvt8469]

@@Bob-xt2on my Dad retired at 47 as a Sgt Major, with 29 years...did a couple side hustles briefly at first...but for the most part...he's been 'doing his thing'...he's 87 now. My parents have always lived frugally and have 'seen the world' despite their modest retirement income. Disciplined....unlike me and my wife.

[@captnhuffy]

Nicely done! Being extremely careful w money and investments, I managed to retire even younger. We both dun real good!!

[@davidbrooks8809]

The most be rich!!

[@A13JMC]

This is a numbers game. I had cancer at 27, I am 2.5 months from 70. Like Hans Solo in the Millennium Falcon, Never tell me the odds!

[@kappla]

Time cannot be wasted. You have as much or as little as you need.

[@buck546]

Be careful what you wish for. I retired at age fifty seven because I was under pressure at work because I didn't have a college degree. I chose to leave with my head held high vrs being led to the door with a box of personal items after thirty nine years of service. I loved my job and working because it gave the feeling of self worth. After being retired for four years my back went out causing a drastic change in my lifestyle. All my retirement plans were changed. I had to give up golfing, fishing and hunting the three things I enjoyed the most. I now find retirement to be a lonely and boring experience. My friends I find were all at work and are no longer around. I know my experience is not the norm but just remember by the time you reach retirement age anything can happen so be prepared.

[@karenb9788]

I got my bachelors degree at age 58. It’s never too late.

[@buck546]

@@karenb9788 As long as your health doesn't change.

[@Olga_StPierre]

Let's focus on your health so you can get back on your feet and back to the things you enjoy!! 😉

[@Joegolberg1]

I'd retiring or working less in 8 years, and considering this financial recession, Im deciding to begin taking up skilled trades. I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $120K per year but nothing to show for it yet.

[@TilSchweiger-i3f]

You should contribute to your retirement diligently, or better still look into financial planning don't come to youtube for advise, consult a Local or trusted online broker/ planner

[@Benjaminarmstrong684]

Very true, I find myself lucky enough exposed to money management at an early age. Worked full time when I was 19, purchased first home at 28 fast forward time I'm 57 now not laid off

[@Joegolberg1]

This is huge! would love to grow my reserve regardless of the economy situation, my 407k has lost everything accrued since early 2019, at this point, i'm in need of guidance, can you point me?

[@TilSchweiger-i3f]

GREGORY LEO CATTEL is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment.

[@Joegolberg1]

I just Googled his name and his website came up right away. It looks interesting so far. I sent him an email and i hope he responds soon.

[@jeanraymond9114]

Wife and I retired early at 52 . Now 10 years later best decision of our lives .

[@frankieRandle8779]

That’s quite young, did you struggle financially?

[@stevenculley3330]

You only live once, enjoy life while you can.

[@Olga_StPierre]

YES!

[@wayneadler3451]

You only live once?

[@johnnyv5995]

Going to be 56 in a few months, health is good, parents are alive and aged 82 and 90. Original plan was to retire at 60 so as to have 'enough' $ In the last year I have lost ALL interest in work, and now I am considering retiring in 6 months. Plan would be to sell current home and purchase a smaller one and use the $ from the sale to finance the next 8-10 years until government benefits kick-in.

[@filamphibian2980]

Great comments and please let me give you an unsolicited point of view. I am at my sister's house, settling her estate. She passed away from natural causes, one month ago, while at work, at the age of 53. She had plans of downsizing and moving to a community closer to work, where the commute was 15 minutes versus over an hour. Obviously my poor sister did not execute her plan in time. Would she still be alive if she turned the corner and followed thru with her plan? We will never know. I can't help but think that her state of mind and level of stress would have been in a much better place, if she had moved forward on that gut instinct. Best of wishes to you and your decision.

[@dawkrb]

Hi-I'm the same age as you and also have lost all interest in work-Both my parents died over 10 years ago from cancer-ages 69 and 72. I was gonna do another 7 years but now I'm thinking the same thing as you...I may need to do a solid 2 more years and stack money away in my 401k and investments and then call it a day. I've been working over 40 years and I'm just done.

[@johnnyv5995]

@@dawkrb Sorry to hear about your parents passing away so young :(

[@ShaneChiswick]

We are the same age. I am a teacher. I feel the same as you about work. My parents are alive but younger than yours. I have already downsized but I am too scared to retire and spend my savings until I can get an aged pension in Australia at 67... because I doubt there will be one.

[@johnnyv5995]

@@filamphibian2980 I'm so sorry for your loss. Thanks for sharing, and take care of yourself.

[@darrylsavage3498]

This is something I really needed to hear as my health started to decline.

[@Olga_StPierre]

I am glad you found the information useful. Take care of yourself!

[@susanjohnson4728]

I like customer service work at the airport. Ok $ with lots of walking talking and feel energized.

[@Olga_StPierre]

@@susanjohnson4728 Great option and even better that you like it!

[@wmwoods-l4f]

I'm hoping to retire next year at 55. My goal next year is to be more serious and consistent with my investments I've been investing since I was 22. 2025 is going to be more serous for me investing consistently for the long term. starting to save for a house down payment. I want to invest more than $105k, but I'm not sure on how to mitigate risk.

[@speak2Gary]

Its unclear which stocks and sectors will lead the market in the next uptrend. It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.

[@j.ottinger]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

[@PaulaCarbonell-n7j]

Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?

[@j.ottinger]

My financial advisor is Annette Marie Holt” I found her on a CNBC interview where she was featured and I reached out to her afterwards via her website

[@PaulaCarbonell-n7j]

Thanks a lot for this recommendation. I just looked her up, and I have sent her an email. I hope she gets back to me soon.

[@cookiebird308]

I retired a few months ago at 61. Now I have more time for my hobbies like reading, Zumba, yoga, fitness classes ... Just came back from a 22-day cruise and will be making more travels soon. I've been working with my financial planner and researching online for my retirement plan. I'm 💯 satisfied with my decision.

[@Olga_StPierre]

Wonderful, enjoy!

[@cliffhoward5186]

Healthy and vigorous throughout my 72 years. A recent troika of bronchitis, COVID, and an emergency appendectomy in mid February, necessitated 3 weeks of enforced bedrest.very deconditioned as a result. After medical clearance, i really focused my efforts on slowly regaining strength, muscular and cv endurance, and sound nutrition. In 4 months of 6 x/wk training, i regained and increased fitness/health prior to the sx. It was very humbling to begin training again at such a diminished capacity; but i listened very closely to my body, and slowly progressively built up my condition. Walking, biking, weights, stretching. Didn't want to succumb to a sedentary L/S. Looking forward to overseas travel next year. Good medical care saved my life.

[@lcee6592]

Eventually, EVERYONE will loose their good health. [When] you will lose your good health is the big question. Take care of your health people!

[@YogaPinay]

And if one got Covid vaccinations, the chance of having good health becomes smaller..

[@Prodrive1]

Best advice of all🎉

[@Haberdashery22]

Be mindful that when you retire you may want to help your adult children with childcare. Here in the UK professional childcare is so expensive that its cheaper to go on benefits and get the government to pay. My children don't want to go down that route thankfully so my husband and I cover the grandchildren in school holidays, collect from school etc. This began with enthusiasm but we get exhausted now, five years of doing this. It's great to be able to help and we are good at it and obviously we love them and we know we're providing a firm foundation in their important early years. But it's stressful, keeping them safe alone! We're 71 and 75 years old and it's beginning to tell on our health.

[@judybanas7788]

Healthcare insurance and money are our biggest concerns. Remember, if you’re taking social security, you can only make so much money outside of social security money. I wanted to work until we could get Medicare which is age 65. Sure, it’s nice to think about these things you mention but, there is more to consider.

[@norawinzenried1502]

I agree and why not enjoy your family and friends while steel working, i think it s better to consider slow down at work. We have more free time because kids have their live out of the nest. Depend on what king of job you have, but if you enjoy what you do don’t stop. You have money to travel, make gifts etc… be retire is 100% free time and you need money for this

[@Victor_Romero]

What a nice video, Olga. First video I watch on your channel. Thank you!

[@Haberdashery22]

As I grew up my parents house gained a lot of value. "This will all be yours one day" my mum used to say. So in the back of my mind I always felt I had her property proceeds to look forward to, later in my life. Big mistake. Now mum is 97 and in residential care. Her money is dwindling to nothing because the costs are so high. I and she, would have loved to have been able to pay off some of my son and daughter's mortgages with that money but it's not gonna happen now!

[@cpataxpro]

It's a proven fact that people who continue working (or volunteering) actually live longer. You can still read books in the evening and weekends. You can see friends and family in the evenings, weekends, holidays, and vacations. Working longer also eases current and future financial stress, and allows you to defer SS until age 70 at which time lifetime benefits are 32% higher.

[@Psalm-31-24]

What kind health insurance do you recommend when retiring before 65 . Please tell me what kind of health plan you recommend

[@Olga_StPierre]

Hi. I am going to look into this more.

[@bobbytheblade2550]

Retired Age 50! I planned this at age 13 after reading an ad in a magazine about owning a carpet cleaning business.

[@sct4040]

I found out I didn’t need $1m to retire, my advice is to retire Asap,. It depends on your expenses . I left the workforce at 62+.

[@Olga_StPierre]

Yes, expenses is where you need to pay attention!

[@michaelgartman4320]

$1800 mortgage, $350 utilities. If I retire now at 62, my ss will be $2000. I have no retirement. My own fault probably, but it's too late now. Work until death is my motto.

[@rosemarykingpate7832]

@@michaelgartman4320 Downsize / move!!!!

[@Hippy2021]

I retired 3 years ago. Traveling all over the world, places i love to visit , the people i made acquaintance and keep exploring the world. Cannot do it while working full time. Work is stressful and lock you in the daily routine you don't want to be. Paris, London, Florence Italy, Belgium, Berlin, Spain, Portugal and Japan and more to explore.....

[@Emilyleestrong]

Our goal is to retire at the age of 50, and we save and invest like there's no tomorrow. Thanks for the video.

[@Olga_StPierre]

Fantastic! Do you have any specific tips? I am happy to encorporate them in my future videos 👍

[@Emilyleestrong]

@@Olga_StPierre there are three important things that we always practice in our family. 1st, we always find way to increase our income by 10% each year to keeping up with the inflation. 2nd, we stop buying things that we don't need, for instance; we only buy clothes during necessary occasions, and those clothes have to be on sale. 3rd, we only spend 30% of our income on our foods, utilities, property tax, and health insurance, etc. The remaining we invest it in the broad market index funds.

[@jayg6434]

@@Emilyleestrongawesome! My position is just the opposite. We spent like no man’s business when we were young. Upsized when I was planning to retire against my wishes of course! We spend all money earned so I have to keep working till I drop.

[@farmboy-rz5xh]

What are you people doing for health insurance if you're retiring at 62 yrs old,I would appreciate your input.

[@rosemarykingpate7832]

They're probably not in the U.S. That is the ONLY reason I am retiring at 65 next year instead of sooner.

[@williammyers3706]

"Dost thou love life? Then do not squander time, for that is the stuff life is made of." - Benjamin Franklin

[@fastdeliveryl708]

Unfortunately ppl have different paths and economic conditions. Some times ppl cant even afford to retire

[@susanjohnson4728]

💯 🎯

[@poodleprofessor]

I don't know how people afford health insurance before 65. I can get COBRA for $1,113 a month, which is insane.

[@jonathanjacques7250]

I'm on Cobra, paying 712$ a month,and that includes dental and optic. Feel it's pretty reasonable..

[@reneesoli5345]

I'm on ACA live very frugal and the cost is $100 a month.

[@poodleprofessor]

@@reneesoli5345 Guess I need to find a broker? I have no idea how to start.

[@poodleprofessor]

@@jonathanjacques7250 yeah, that's better than what I was quoted.

[@youvasquez]

I worked 30 yrs for a Public Health agency and when I retired at 60 I had enough time vested so that my and my spouses health insurance was fully covered until I switch to Medicare at 65. Most people don't get this. New employees dont get this coverage anymore.

[@Jasmine-ur1sl]

Thank you for this fantastic video. Many of the points you brought up resonated with me; especially, after a very difficult day at the office today. My gut instincts weighing "fight or flight" tell me to run especially after the loss of five people (family members and two very close friends) in less than five years. I want to read more than 150 books before turning that last page.

[@Olga_StPierre]

Glad it was helpful! Food for thought and then on to planning!

[@DERISNER]

I don't know a single person here in the United States, where I live, that has enough money to retire on. Not one. I think that dream ship has sailed for the vast majority of Americans.

[@jenniferjemison636]

You have to leave the country and stretch your dollars elsewhere. It can be done😊

[@DERISNER]

@@jenniferjemison636 You`re absolutely correct. In fact, I`d already be overseas now but I have an elderly parent that needs me here so that`s that for me. But I do highly recommend that ALL Americans seeking a better retirement look overseas.

[@jenniferjemison636]

​@@MyPronounIsGoddessPeople don't realize that when you retire you actually are spending less than when you are on the job. You don't need too many new clothes and all those other expenses that go with having a job. I also am able to adjust the way I eat at home by using one chicken to cook three meals. 😊. I use the breasts to cut in strips for a lovely stir fry with vegetables. The legs and thigh are baked with roasted veggies and the wings and the back bone makes a nice vegetable soup. My husband and I don't eat the way we used to because we are trying to maintain our health. We have one older car that is very well maintained. We cut down on long distance travel but uses busses for longer journey. We also grow some of our food and have to give away because they are seasonal and in abundance. I've actually saved more by eating out maybe once ever three months. I must confess that I prefer my own cooking. The quality of the food today is very poor.😢. So I don't follow what the retirement gurus are saying. Paying off your mortgage is a must, I think, to give you that flexibility. Lastly, I'm only on one medication for my blood pressure and do my best to sleep well and enjoy my garden. In addition I am living where my dollar stretches the most and am very happy It can be done. Make the adjustment❤

[@davidbrooks8809]

Not true at ALL!!!

[@royharper2003]

what a joke of a comment, like you've spoken to every single person in the US to understand their retirement eligibility. If you had talked to me I would have told you I can retire at 57,.

[@MrRikkiRocket]

@0:12 I have a composition notebook EXACTLY like the one you showed. The problem is I use it for work notes only, it’s not a retirement journal. I need to focus planning for myself and the future. Thanks!

[@MrDavkoz]

For all those that retired before being eligible for Medicare at 65, congrats! Could you please respond and tell me how you're getting healthcare coverage? A pension, medicaid, self pay for physician visits and Rx?

[@Olga_StPierre]

Do you have an ability to get coverage through your job?

[@1971_Chevelle_SS]

ACA (Obama Care), I retired at 53, first few years were free, this year it’s $19 per month.

[@claudiav2529]

​@@1971_Chevelle_SS is there an income limit for that?

[@apollovizsla]

I worked part time since May of 2022, three months before I turned 60 years old. My job is a very physical job in a stressful environment, and it was killing me. Being forced to get the covid vaccine, booster shots, wearing a KN-95 mask for over three years with a face shield was making it difficult for me to breathe. I ended up in the emergency room about 11 days after my covid vaccine with vertigo, which I never had in my life. I bought my own insurance which was $265.00 a month for two years. This year it went up to $429.00 a month. The copays and deductibles are high. I haven't used my insurance lately to go to the doctor since they squeeze every dime out of you! I am debating whether to collect when I turn 62 in three months or try to find an easier job so I can get the insurance, but I will have to start at the bottom and work with a bunch of kids. Also, a lot of employers do not want to hire someone who is 62 years old, even though most have a better work ethic.

[@1971_Chevelle_SS]

@@claudiav2529 it’s based on your estimated gross income for the coming year. You can go online and get an estimate of the cost without enrolling to get a good idea where you’ll be.

[@bikergeekgd]

Great advice. Another thing to consider is family medical history. My Mom passed in her 60's from cancer. One of her older sisters also died early from cancer. On my Dad's side, there is a history of heart issues. You might be healthy today. But heredity can change your future.

[@jaygrenham]

How many Springs , Summers , Falls and Winters are left ? That’s my gauge.

[@Olga_StPierre]

Exactly, that's another great visual to keep track!

[@leolopez_0728]

You speak so eloquently and have all my attention, wonderful counselling and advice!

[@RolandIbera]

Health is wealth. Keep moving, especially if you are 60+. If you’re sedentary, your health deteriorates. Seniors need to focus on health.

[@Olga_StPierre]

100%!!!!

[@ckndrfr1]

Just waiting to reach age 55 to retire with 33 years of service. I will have earned it. Time to spend time with the grands

[@Olga_StPierre]

Sounds wonderful!

[@stanmurrah1701]

Thanks Olga. I like it that you consider happiness and non monetary goals. My financial planner seems to be too focused on money. And we have been too focused on that. Time with family and friends is more important

[@Olga_StPierre]

Agree Stan!

[@tomporrata4359]

Don't you know some times that you need to do something but can't explain why? I have a feeling that Ineed to move back to my country after living in U.S. for 20 years. Olga's example of live expectation vs how many times you aRe going see your family opened my eyes. In my case is only 15 times in the next 30 years, that's crazy and I understand now this is the reason of my urgency to move back. Thank you!

[@erdbeerenerde8148]

If you have health and enough money, and just in your golden years, then you have no reasons not enjoying life 😊

[@patrickpalmer4691]

Retired at 55 years of age. I've filled the time with hobbies, family, friends. Zero debts, an excellent vehicle, nice house, some investments means zero worries about money. In fact, my financial situation allows me a certain degree of generosity (specially with family but also complete strangers). That has become one of the great joys that I did not anticipate at all when I retired.

[@PLAN50]

I retired at 42. A new and amazing life started then.

[@Bluelu69]

How do people retire before Medicare benefits eligibility? Healthcare benefits keep people from retiring earlier!

[@daphoneguy934]

Complain to your union.

[@GANAPATIIIII]

It's all true - better to live now vs later 👀