5 Things I Wish I Knew Before Retirement - My Early Retirement Regrets

[@Morningdwnld]

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[@RM360CR]

you people in western countries can be odd balls weird as you always make videos about things you wish you knew about anything before hand like thing i wish i knew before i went to italy as an example, imagine how boring life would be if you knew everything also the consequences of that if you know everythng before hand, why live life what is the purpose of life but to learn from it as you go along. such weird way of how to view the world.

[@adamweah8037]

How do people manage in retirement since 401ks are nothing to write home about? My 800k turned to 250k in no time. Im 61, will I work till God calls me?

[@smithdavis1362]

How did you apportion saving, investments and expenditure?

[@InnovanaCreation]

I think below: Time is your most valuable asset. Invest in yourself. Build strong relationships. Health is wealth. Embrace failure. Financial literacy. Be authentic. Take risks. Gratitude and mindfulness. Seek mentorship Cheers.

[@TheresaPearson-x4j]

*I'm 51 years old living in California 🇺🇸 I'm willing to retire at 56 if things goes the way I planned. I'm glad I took a bold step that has changed my financial status forever. Bought my first house last month and I can't be more proud that I'm right now*

[@JeomaCk]

Congratulations you are really doing well at your age im 45 and my finance are in rally in mess right now and great tip will really go along way in shaping my life im open for idea

[@TheresaPearson-x4j]

Hey sorry for late response I apparently used the FIRE movement to put my finances in shape you can research more about it and I invested in Stocks and forex with the aid of an investment enthusiasts expert Alvarez Harry Flectcher.

[@NicoleMcCoy-t5h]

Wow🙄I know the man you mentioned here. I benefit a lot from his platform, here in Munich Germany So many people have highly recommended him.

[@MarilynMorris-f4k]

Speaking of success, I think I am blessed, otherwise I would never have met someone as perfect as Alvarez Fletcher. He has saved me a lot and is a blessing to my family.

[@Jajamichala-r4y]

Alvarez's strategies work perfectly. I don't know him personally, but his strategies are currently good. I earned my first €105,000 trading with him.

[@Freddylone]

11 months of investing. $67k saved, debts cleared, and a portfolio just shy of a quarter million. Taking my finances into consideration last year was worth it in retrospect. I can see a comfortable retirement in the horizon.

[@Skypuffxl]

Wow that's impressive. I don't mean to be all nosey but can you share how you're doing it? Everything about investing seems quite complicated.

[@Freddylone]

I didn’t have any prior investing experience. A CFA, Herman W Jonas has taken all the guesswork out ever since I got into his program. My initial capital of $5k invested in stocks, and crypto over the short term yielded me huge profit plus bonuses. It’s all about accumulating wealth through compound interest investments.

[@Archaengelh]

That's your view. In my experience, there is no such formula, it is nearly impossible to achieve success with investing. It’s all just gambling.

[@LovelyRubyruby]

I’ve made more losses than profits since I started investing in stocks and it's quite embarrassing at this point. Can he help me?

[@Freddylone]

Hermanw jonas that’s his gmail okay

[@AnnaOllsson]

Thinking about retirement scares me.I apologise to everyone who is retired and filing social security after putting in all those years of work just to lose everything to a problem you weren't to blame for.it's especially difficult for people who are retired.

[@PennyBergeron-os4ch]

Indeed, It has always been tougher to understand how to build your money after retirement and even more so right now with the inflation. You can experience a completely varietied market passively by employing a successful portfolio-advisor.

[@DaliaCohen2230]

Even if you're not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April last year due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect my funds and make profit from my portfolio this red season. I've made over $250k since then

[@HildaBennet]

Mind if I ask you to recommend this particular manager?

[@DaliaCohen2230]

Google "Diana Casteel Lynch" and do your own research. She has portfolio management down to a science.

[@DaliaCohen2230]

Her name is DIANA CASTEEL LYNCH. I can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@nguyenTYN-g9j]

Most people don’t realise it, but the secret to retiring comfortably is finding a way to make returns while your money works for you. My dad, as I remember, started saving for retirement quite late, but I know he was making more than 40k returns from his investment monthly and it was completely passive. He was only 60 at the time.

[@GOODGIRL-w6f]

This is really amazing though. I'm curious as to how he did it. Was it real estate? Or he was a market enthusiast?

[@Morgangreen-b1l]

Not really. Approximately four years before to my dad's retirement, our family was introduced to a financial advisor. That was the catalyst for the transformation. I believe my retirement income would be on the right track because I've been using the same advisor.

[@Godsgift-p8b]

I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@Morgangreen-b1l]

I'm hesitant to make recommendations like this online so I can't drop her contact here, but you could look her up yourself and contact her if you wish. Her name is Sonya Lee Mitchell

[@Godsgift-p8b]

Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.

[@ralphholiman7401]

I retired at 52. At the time, I was just burned out and had had it with my very high stress job. We bought a 42 foot sailboat and headed to the Bahamas the day after I retired. At the time half my friends and family thought we had lost our minds, and half wished they could go with us. And, I knew that decision was going to come with a pretty heft financial penalty. But, we had a wonderful two years of cruising on the boat and living our fantasy vacation. And, then a neurological conditioner my wife that had been a chronic problem, turned into an acute one and we weren't going anywhere again. Whatever reservations I had about retiring early are gone now. It was the right thing to do. At least for us. I've gone back to work part time, now, mainly out of boredom, but I learned the lesson that you better live life while you can. No one is promised anything tomorrow.

[@Morningdwnld]

Thanks for sharing that. It's a good lesson for all us.

[@JamesDonovan-p5r]

Money

[@chebbak]

Very true.

[@ebonywinn50]

Great comment. I’m a brain cancer survivor. Been in remission for 3 years. I can retire in 4 years (early) and some people can’t comprehend why I would. I want to live life. I’ll look for a part time job that’s not stressful as my current career just to be active.

[@ralphholiman7401]

@ebonywinn50 , I hear you. I am a testicular and prostate cancer survivor, too. Something else that factored into the decision to retire early. Life is precious. Don't waste it.

[@MidwestMoney]

The #1 reason I'm retiring early at 49 is to get out of the corporate machine. There is more to life than being stressed and depressed on a constant basis.

[@DrSchor]

like what, for instance?

[@MidwestMoney]

@@DrSchor Like literally anything else. Watching paint dry, eating a salad, etc. I love my free time more than anything. How about you?

[@madog1]

​@MidwestMoney I agree with you 100%. The corporate machine is real and so is corporate politics.

[@Morningdwnld]

Very true.

[@blktauna]

exactly.

[@NicholasBall130]

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.

[@StacieBMui]

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.

[@cowell621]

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.

[@StocksWolf752]

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

[@cowell621]

Her name is Rebecca Nassar Dunne can't divulge much. Most likely, the internet should have her basic info, you can research if you like.

[@grego6278]

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

[@kenrehill8775]

Surely the biggest benefit of retirement is that you can 100% choose the people,you spend time around: no staff, no work colleagues, no 💩bags.

[@Morningdwnld]

For sure!

[@Blorb-v3y]

Bad coworkers actually pushed me to explore fire. I never want to be at their old age stressing out and getting angry at others because of ego, harassing others daily. Hey maybe I’ll thank them when I retire! They’ll probably be dead by then though…

[@Tenjiecorner]

I don’t like being around people. So I should be all set for retirement 👍

[@Morningdwnld]

I hear you!

[@Hhbdr]

Hahaha. Sooo True! Sucks for me.:(

[@Morningdwnld]

@@Hhbdr Why do you think I'm here at my computer making videos instead of outside? :)

[@andrewsim5725]

Retired early and never looked back. Best thing I ever did.

[@nealg3546]

I’m getting rid of friends I don’t want to spend my retirement around. They’re drama queens who waste money then moan about how hard life is for them and how lucky I am.

[@NathalieTremblay-q4r]

The stock market is definitely picking up pace right now, but I still think investors should be careful at this time. I'm actually a newbie in this space, so I'm open to hearing other investors' take on this.

[@HectorBailey-zi7du]

I think the market is likely at its best now, but I still believe having a financial advisor is crucial to navigate the market and moderate your risk. Their expertise can really help you make informed decisions.

[@MartinHicks-dw2su]

I agree. I've been working with a financial advisor since 2020, and I return up to 15k every month, and I don't even have to lift a finger. Although I also think the reason I make this much is because I started with significant capital.

[@PaulWard-nr5rj]

Agreed, l've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.

[@HaroldSimmons-mf3ep]

Thanks for sharing your experience! I've been managing my portfolio myself, but it's not working out. Do you have any recommendations for a good investment advisor? I could really use some help.

[@PaulWard-nr5rj]

My CFA, Joseph Nick Cahill, is a renowned figure in his field. I recommend researching his name online; you'll find all his credentials and everything you need to work with a reliable professional. With many years of experience, he is a valuable resource for anyone looking to navigate the financial market.

[@SloansHagers]

It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.

[@JohnsMasterses]

Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through a job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.

[@RobisonsWades]

@@JohnsMasterses Inflation is gradually going to become part of us and due to that fact, any money you keep in cash or a low-interest account declines in value each year. Investing is the only way to make your money grow. Unless you have an exceptionally high income, investing is the only way most people will have enough money to retire.

[@SloansHagers]

@@RobisonsWades I appreciate the implementation of ideas and strategies that result in unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, Do you mind sharing info about this person guiding you, please?

[@RobisonsWades]

@@SloansHagers I have to give props to MARGARET MOLLI ALVEY, my CFA, she's the real deal in the finance game. Dive into her background, this lady's a treasure trove of experience and knowledge for anyone navigating the financial jungle.

[@SloansHagers]

@@RobisonsWades I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look MARGARET MOLLI ALVEY up and send her a message. You've truly motivated me. God's blessings on you.

[@nicolasbenson009]

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

[@TinaJames222]

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?

[@tatianastarcic]

I can personally connect to that. I started working with Melissa Terri Swayne, a fiduciary financial counselor, and my profits were assured. In such circumstances, I would always advise hiring a professional to help you through choppy markets and only give you indicators and strategies for figuring out when to enter and exit the market.

[@Vincent-j8u]

Please explain to me how you think I possess such abilities. I need to find a more profitable investing method to use my money because inflation is destroying it.

[@tatianastarcic]

You can look up the financial advisor using her complete name on your computer; I hire her since she looks after the portfolios of renowned investors.

[@sharonwinson-m8g]

I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me.

[@Ji-Min-j7b]

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.

[@JacobFest]

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.

[@RobbieNixon-d1w]

I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.

[@PatrickLloyd-]

@@RobbieNixon-d1w How do I get involved in this? I am excited to take part because I genuinely want to build a stable financial future. Who is the main inspiration behind your accomplishments?

[@RobbieNixon-d1w]

Sophie Lynn Carrabus is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@PatrickLloyd-]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@handyrams4822]

Early retiree here. I love the fact that I have less of a social life now. It's fantastic.

[@Morningdwnld]

haha. I can relate to that.

[@stevemcfate1961]

@@Morningdwnld what? Seems like a contradiction?

[@YTBEN1045]

​@@stevemcfate1961as people get older, they tend to socialize less. At 54, I'm finding that to be true.

[@GLADIATOR-tz7yt]

The absense of my job removed a major source of daily interaction and purpose and the transition from saving to spending has been eye opening, revealing how each withdrawal now impacts my savings growth. This has made me acutely aware of the importance early financial planning and the emotional toll of losing that daily sense of purpose as most of my friends and family continue with their routines.

[@MichaelHamilton-mc9dc]

I'm approaching retirement and having a financial advisor has been helpful. I started investing later than most, so relying on compound interest from index funds or bonds wasn’t enough for me. Despite that, I’ve managed to do well and am on track to retire with around $6 million

[@Morningdwnld]

Well said

[@GLADIATOR-tz7yt]

I'm currently reassessing. My retirement portfolio has slowly declined, I could really use some guidance. How can I get in touch with your financial advisor?

[@MichaelHamilton-mc9dc]

I prefer not to give a specific recommendation since everyone's situation differs, however my experience working closely with Emily Ava Milligan over the years has been exceptional. You might find it worthwhile to see if she aligns with your needs

[@GLADIATOR-tz7yt]

I looked for her name online and found her page. I emailed and made enquiries. Thanks for the help

[@H2R5GSXR]

My spouse and I retired in 2009 and it has been the most enjoyable sightseeing in the world. I was a janitor so just not working is a blast.

[@Morningdwnld]

Good for you! Where’s the best place you’ve been?

[@H2R5GSXR]

Gallopos Islands

[@francefradet2116]

​​@@H2R5GSXRThe Galagapos Islands off Ecuador? Did you read Voyage of the Beagle? I bet that trip was amazing.

[@Ghcgu-f7h]

Alright, I’ve been sitting on this 78k emergency fund like a dragon hoarding gold, and now I’m thinking it’s time to do something smart with it. Bitcoin? Crypto? Stocks? Gold bars under the mattress? This ‘Trump Bump’ sounds like a party, but where’s the VIP section for beginners like me? Any tips before I YOLO my savings?

[@Diane-c7b]

Follow the S&P 500 by investing in ETFs like VOO, SPY, and SCHD. Dollar-cost averaging into these ETFs will likely outperform most investors in this bull run.

[@EarlDavidson-c7q]

Hey, respect for stacking that $78k! But YOLO-ing into crypto might not be the move, bro. Markets are wild right now. I was in your shoes and got a financial advisor who showed me how not to gamble my savings away. Best decision I made-seriously, look into it before diving in.

[@JakePeterson-n9d]

Man, I feel this so hard! I’ve got cash ready but no clue where to start or how to find a solid financial advisor. Seems like everyone’s either trying to sell you a course or a scam these days. Any advice for finding someone legit?

[@EarlDavidson-c7q]

There are a handful of CFAs out there. I've experimented with a few over the past years, but I’ve stuck with MELISSA ELISE ROBINSON for some years now, and her performance has been consistently impressive. She’s known in her field-look her up.

[@SkepticalMechanic-l9x]

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

[@wmwoods-l4f]

I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.

[@j.ottinger]

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.

[@speak2Gary]

I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!

[@PaulaCarbonell-n7j]

How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings

[@speak2Gary]

I'm guided by “Annette Marie Holt” an experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.

[@speak2Gary]

Annette Marie Holt is the licensed advisor i use

[@RubyOliverm5l]

"Retirement isn’t an end goal, but a journey best secured by careful and consistent investments."

[@SofiaJames9H]

Well said! Retirement is the reward of disciplined investing over the long term, not just a destination.

[@ChristopherJeffreynx8]

Well said! My adviser guided me through retirement planning, ensuring my investments were strategically positioned for long-term rewards.

[@JulianBenjamin3d]

That's a great point! Finding a reliable financial adviser would be essential for me to ensure my retirement plans are well-structured.

[@ChristopherJeffreynx8]

My CFA Julianne Iwersen Niemann a renowned figure in her line of work. I recommend researching her credentials further.

[@JulianBenjamin3d]

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

[@1972fordify]

I retired at 50 a little over a year ago. I’m a single dad and my son will finish high school next year. I love being able to provide for him making sure he eats well and get to spend more time with him before he’s off to college. I always have things to do. Maintenance on the house or vehicles. Run errands, chores and cook. I’m never bored.

[@Morningdwnld]

nice to have the freedom. well done.

[@sammas2959]

You are living life, 🙏. This is the whole purpose ✨️ of life.

[@sammencia7945]

You seem inefficient with time management. I do all of those things in one hour a day.

[@AlphaBlazing]

@@sammencia7945 not a neccesary comment,

[@georgestone0123]

Not making up to a million before retirement is unfulfilled retirement.!! It’s such a blessing that my wife and I aren’t just married, but we’re also each other’s best strategic partner in business. I’m great at what she lacks, she’s great at what I lack and we have a Fin. Adviser to work with. Praise God!! And thank you for this awesome content!!!

[@Kozette007]

I’m in my 40’s and retired in 2021. I have a small and fun social circle. I’m learning to play the harp, volunteering at a youth detention and travel every other month. I am ENJOYING being retired. Out of habit I still get up by 6am. I’m not bored at all. 🤷🏽‍♀️

[@Morningdwnld]

Good job! You did it right.

[@DailyThingsInLife]

I just turned 26 and I want to retired like you in my 40s. Currently have about 120k in assets like checking account & stocks. How much do I need to fully retired at 40s?

[@Morningdwnld]

@@DailyThingsInLife Congratulations! You're off to an incredible start. Watch this video about how much you need: kzbin.info/www/bejne/rJmxZ5-jd7KEjrMsi=vkjD0ViJU9hdQ-50

[@DIVISIONINCISION]

@@DailyThingsInLife At least $1M but likely more.

[@mapleto1945]

@@DIVISIONINCISIONnot enough with inflation

[@daisymayzee]

The first 18 months after retirement I cried off and on. I really struggled with letting go of who I was. Once I moved to an over 55 community it solved many of the struggles regarding the social aspect. There are so many activities and amenities here that I’m never bored. Now, I love my life.

[@Morningdwnld]

That’s great to hear

[@janedelaney4327]

Where is your 55 community

[@daisymayzee]

@@janedelaney4327 Ocala

[@SculptExpress-gv8jp]

Maybe she is not real, AI advertising retirement communities, be careful! Sounds like a pre-paid advert

[@daisymayzee]

@@SculptExpress-gv8jp lol!

[@drpius]

FORCED TO RETIRE DENTIST. Made it to 63. So busy I forgot to tend to my own health care. Working so hard to save money for retirement, so stressed so preoccupied with my professional carree .,always worring about my patients. I became a dentist who could not see the forrest for the trees. Un aware that diabetes was destroying my eyesight . The back of your eyes swell = macular edema, the front of your eyes gets covered over by cataracts . All happens slowly over time with out even noticing the changes until... Oh gee I can't see well, I must need new glasses I'm older my eyes must have changed as they have done since childhood The eye doctor said, "No, you can't get new glasses because you must first go to a specialist to fix the diabetic problems , Now my retirement became going to all my different doctors just to stay alive. Happy ending to the story , I'm now 72 and enjoying life fishing with stable health and 20/20 vision.

[@Morningdwnld]

I'm so glad to hear your story has a happen ending. I hope you keep fishing for a long time.

[@truthandnothingbut]

MashAllah

[@stephenlawson9854]

Good for rich smug you.

[@sunshinyday1901]

I'm a dentist too, still wondering how to phase down without disappointing my loyal patients.

[@sunshinyday1901]

​@@stephenlawson9854wth??

[@bobbytheblade2550]

I retired at age 50 and fell right into the routine phase: biking, pickleball, swimming, hiking and service work. That's it! I paid my dues with 33 years of complete misery with a career I hated, people I detested and services and products I sold like snake oil. I married and raised 5 kids who all turned into achievers as well. I don't see any of them working past age 50 unless they choose to. I planned my retirement as a teen, and it worked! It's been 10 years, and LIFE IS WONDERFUL! The hell I put myself through was totally worth it.

[@MargaretWest-m8u]

ROTH IRAs offer the advantage of tax-free growth, allowing you to keep more of your hard-earned money. I’m considering investing over $300k but not entirely sure where to start.

[@FrankJaaay]

There are benefits to holding fixed-income assets in tax-deferred retirement funds rather than taxable accounts. If you're unsure about navigating the market, it's wise to seek guidance from a financial advisor.

[@Toni__Michelle]

I completely agree. I’m 60, recently retired, with about $730K outside of retirement funds, no debt, and only a modest amount in my traditional retirement accounts. Over the past three years, my portfolio has grown considerably. The value of a good advisor can't be denied-it’s just about finding the right one.

[@HotManP-l5g]

Who is your advisor? I’m looking for a more strategic approach to investing my savings.

[@Toni__Michelle]

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]

I did a quick search on Rebecca Lynne Buie, and her website came up right away. I’m impressed with what I’ve seen so far and will be scheduling a session with her soon.

[@AlexandersRodrigueza]

How long will it take to turn $500 K into $1 million ?,thinking of going into stock !

[@VargasasWhites]

A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[@MontoyasJacksons]

@@VargasasWhites I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...

[@VargasasWhites]

Taking break may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. A licensed CFA whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help...

[@AlexandersRodrigueza]

I will be glad if you do . Thanks!

[@VargasasWhites]

*CATHERINE DIANE PELICAN*

[@VanaConn]

I’ve been practicing my upcoming retirement @55 by taking 4 of my 6 weeks off all together and I’m darn good at it. You can’t replace time with others. It can’t be bought.

[@Morningdwnld]

Great idea. How long til you retire? I talked about that in this video. You may like it: kzbin.info/www/bejne/hGrNf36Jfcpob8k

[@VanaConn]

edited thx@traybern

[@akroguy]

I did the same thing many years ago at a job that offered a 2 month sabbatical every seven years. The first couple of weeks were a little weird getting used to a new sleep schedule (I worked nights) but after that, I found a groove, a daily routine that, like you said, "I got darn good at"! Going back to work was rough. When I retire I plan to NOT go back to work. I'll be "working" for me, my wife and keeping our home and vehicles in top shape. Work never truly ends, it just takes different shapes.

[@historyacademy]

I retired at 53, I do a mixture of things to give me PURPOSE including volunteering, writing, supply work and creating content. Most of these things are not for financial profit but make me feel happier about myself and the World around me.

[@MissUnderstood_Mom]

I can not wait to retire. The money will be difficult because of an expensive divorce and loss of my 401k and home but I’m trying to build it all back. I’m 52 and hope to retire in 10 years. Thanks for your stories.

[@Morningdwnld]

You can do it!

[@Philb1111]

Good on you.

[@MissUnderstood_Mom]

Thank you!@@Morningdwnld

[@dtr579]

I just got a divorce in January and had to buy her out of our home since I kept the house. She kept her retirement accounts and I kept mine. My separated savings took a big hit in order to write her a substantial check. But the damage was minimum overall, so I'm still on track to retire between 62 - 64.

[@DIVISIONINCISION]

@@dtr579 That's why I'm not getting married. I can't imagine giving someone half of my net worth, money they didn't earn.

[@terenceada9140]

I retired early about a year ago. I miss the friendships and seeing people at the office. I love early retirement and have no plans to return to work again.

[@boatingcharlie1]

If you miss those people why not contact them and go have lunch with them?

[@Morningdwnld]

Great idea

[@DanielBaleWyatt]

Retirement is more challenging now than it used to be. I've focused on saving rather than investing, and currently, I have about $400K. With inflation on the rise, I’m considering investing in stocks, but I’m not familiar with effective market strategies.

[@DanöVee]

Are you planning to retire before 59? That's the key factor for me. I transitioned to cash-flowing assets because I wanted to retire early.

[@WealthJordan-n6w]

Given the current pressure to prepare for retirement, I highly recommend seeking guidance from a financial advisor. This will help you make more informed investment decisions.

[@FrankJaaay]

Do you have any recommendations? I’m looking for a CFP to help grow my retirement account.

[@WealthJordan-n6w]

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.

[@Toni__Michelle]

I looked her up and found her webpage. I’ve already sent an email and scheduled an appointment. Thanks for the recommendation!

[@blktauna]

I am not missing being dismissed by my coworkers for my age and gender. Not one bit. My creativity has returned and I'm learning things now I had no time for before. I do not miss asting hours in communting. I do not miss being expected to work extra hours for free. I have never solely identified with my work, so these items you speak on don't apply for me. My work was not how I felt fulfilled. I now have the time to do those things and I'm grateful for that.

[@Morningdwnld]

Good for you!

[@charlotteking8123]

I'm at retirement age and still want to work in my field, but younger (really young) coworkers and constant technology are sources of horrible stress. Young people love to be on text and PC and shun actual interaction, humor and relationship building. Except with each other. I think that working independently is the way to go. I, too, have other things I'm interested in, although part of my work is with people.

[@seaor2k122]

He is spot on when he says, "Don't wait to do things when you retire, i.e. travel, etc. Do it now!

[@Morningdwnld]

Thank you. Sounds like you speak from experience.

[@linneasimchah1621]

I like one FIRE advisor's emphasis of spending more in the first 5-10 years of retirement when you're physical/mental health is more of a sure thing.

[@bernie9728]

I retired 7 years ago at age 62. I chose 62 because that was the earliest I could get Social Security. Don't be fooled into thinking that if you take the money at 62 you will get less money total. The reason you get less per month is because you will draw the money for more months. It's not magic, it's math. Since I retired I have never had one day, not even one minute of one day have I missed working. The truth of the matter is the only reason I went to work in the first place was because I needed money to live. Once I no longer needed the money, I stopped going to work. It's just that simple. Now I live a life where everyday is a vacation day. Everyday is a holiday. Everyday is a weekend. So if you like vacations, weekends and holidays better than working then retirement is for you. For those who fear they won't have enough money to retire, consider this. In the 7 years that I have been retired (and the 5 years that my wife has been retired) we have not touched a dime of our retirement savings. Being debt free before retiring is the key. It's not magic, it's just math.

[@Morningdwnld]

Love the math. Thanks for sharing your experience.

[@Morningdwnld]

@@Russsir Both?

[@Daisy-yi8om]

Thank you for sharing , I’m ready to retire I’ll be 56 this year

[@Morningdwnld]

@@Daisy-yi8om Congratulations!

[@bernie9728]

@@Russsir I'm 69 years old and I want for nothing. Not one day of the 7 years that I have been retired have I thought about money. Think about this for a minute. Why do you think that Social Security offers that "incentive" to wait? Do you really think they have your best interest in mind and just love giving money away? That's not the reason. They know, what I know. They know enough people will die between 62 and 80 to make it worth thier while to offer that incentive. They know enough people will die before collecting one dime of their Social Security. It's just part of their game plan. They are not doing it to be generous to you. They have not reason to do that. Never, ever forget that more per month does not mean more total.

[@JeffMathias]

The key to being thrilled in retirement is having been miserable at work for 40 years. Retirement hold’s little appeal if you love your life, enjoy your work already.

[@Morningdwnld]

Yep

[@noelwhitman1788]

Nailed.

[@JohnBowl14690]

BAM! I'm not retiring yet even though I can get by. If I hated my job, I would leave today. Probably a good 30% of the people who retired, shouldn't have when they did. In fact, 37% say they should have waited. It's easy to hate your job when the bills are being paid. But when your Air Conditioner needs to be replaced, $15K can really set you back. A trip to Europe for 2? $12K if you're just doing average stuff.

[@loganpadayachee6048]

Lol😂

[@linneasimchah1621]

🎯

[@hfjeff2736]

Thanks for sharing these words of wisdom. Experience is the best teacher. As someone who is looking forward to retirement, I remind myself not to wish my life away. It's not all about the destination but rather enjoying the journey.

[@Morningdwnld]

Well said!

[@robevans2114]

For me, I wanted to retire because ot stress. I would have loved to cut back and work half time 40hrs a week instead of 60-80hrs but my company could not wrap their mind around that. As far a being bored, I was reminded how pre-retirement someone else is directing your life and how hard it is to learn to be your own boss. The best part of retirement is concentrating on my health - eating and excersicing - which were an after thought before.

[@Morningdwnld]

I hope it’s working out for you.

[@gerrym75]

@robevans2114 can I ask what industry and country you worked in? Saying going half time at 40hrs sounds crazy, that's a normal week for most people, as it should be. I've worked big hours in the past, but I now value my time over almost anything.

[@robevans2114]

@@gerrym75 I worked in the computer industry where I never worked less that 60hr a week. If I had they would have laid me off.and found someone who would.

[@miken7629]

When I retired, started walking the next day to undo 30+ years sitting behind a desk, didn't know that I would enjoy walking so much, most retirement dreams involved heavy expenditures for sailboat, upkeep, accessories to live off grid, but then my father had a stroke and I had to change plans to stick around and help parents. Plan B is hiking Appalachian Trail every spring, train all year long walking, invested in a 70L backpack, hammock and gear, turns out I have a low budget retirement I enjoy, could have retired earlier if I knew.

[@Morningdwnld]

That's a great lesson. Figure out what lifestyle you want and how much it will cost in retirement and then shoot for that. Most people don't need nearly as much as they think.

[@codeblue11]

Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $400K. considering all the inflation, i'm thinking of investing in stocks, i dont just have idea on market strategies.

[@BerryRyan-gl3sm]

Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. which may reduce your dividend gains or income, speaking to a certified market strategist can help with pointers

[@Jadechurch-ql3do]

Agreed. It's always wise to be proactive and consider diversifying our investments to manage risks in uncertain economic times. I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments

[@yeslahykcim]

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

[@Jadechurch-ql3do]

Credits goes to "Lucinda Margaret Crist" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

[@brianwhitehawker1756]

I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

[@gardengal9478]

Good information. Our retirement plans have been upended since our daughter has aggressive breast cancer and my 85yo mom is now living with us. We couldn’t have known how these issues would impact our future.

[@Morningdwnld]

I'm sorry to hear that. Thanks for sharing your story so more people can think about the unknowns.

[@mrkinla]

You and your spouse are doing the Lord's work taking care of your mom; I'm glad you have her. I hope for the best outcome for your daughter.

[@MelissaScott-s1k]

I was homeless, got into drug's went to prison came out and Heaven came through for me in my finances making $50,000 in 2months in forex bought my first house last week and I'm can't be more proud that I'm right now, God is absolutely done more than enough*

[@StephenHunt-r9m]

I was homeless, got into drug's went to prison came out and Heaven came through for me in my finances making $50,000 in 2months in forex bought my first house last week and I'm can't be more proud that I'm right now, God is absolutely done more than enough*

[@TammyBurke-k3v]

Congratulations you are really doing well at your age my finance are in rally in mess right now and great tip will really go along way in shaping my life im open for idea

[@MeganBrewer-v8k]

I work at a restaurant here in Houston Texas. Things have been really difficult as I'm a single mom and trying my best to pay bills and take care of my daughters.

[@MildredCole-f2g]

What a testimony!!! 🙏🙏🙏I'm genuinely curious to know how you earn that much monthly

[@RandyVasquez-x6k]

I started pretty low investing in forex though with $2000 thereabouts. The returns came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Dorathywalters is a Blessing to my life

[@FordF250Tremor]

Move to The Villages Florida and guaranteed you won’t be bored! There are like 225 clubs, counties recreational opportunities all for reasonable cost of living. Never get bored here!

[@Morningdwnld]

You're living it up!

[@eddiesander403]

People complain about the winters in the North. I can't imagine central Florida in the summer. Hope you have access to a pool!

[@jazzyflorida3757]

Don’t forget the condoms!

[@colleenconger5265]

@@FordF250Tremor too bloody hot for me in Fla….. I live in La Jolla outside of San Diego and yes, it is one of the most expensive states to live in, but it has the best weather in the world. I’ve traveled a lot and lived a lot of places and there’s nothing like 72° average year-round and maybe five days of rain and if we’re lucky. It’s not flat. We have the mountains the ocean skiing 2 1/2 hours away if we want to, it’s a dream! Plus, no hurricanes I believe the villages just got hit yesterday with hurricane Helene…… hope you are all OK

[@shayscott7498]

They do have a problem with the transmitted diseases.

[@boris7417]

I retired at 47, and in a jiffy, I am 75 now. I remember initially after 3 months of retirement, like the man says, I did miss my secretary, my office, and my “power”. Without my secretary, I have to type my letters and find stamps for the envelopes ! That’s kind of irritating 😅 However, when I started developing new hobbies like golfing and dancing, time really flies…….

[@Morningdwnld]

Sounds like you adjusted well!

[@shayscott7498]

No one has secretaries anymore, so you aren't missing much.

[@letsbefrank6269]

I worked shift work for 28yrs, it was rotating 12 hr shifts, socialising was very difficult as we had 3 children, I needed sleep and so socialising was a very low priority. Management tried different tactics to increase productivity, but I didn’t notice them working any harder. When I finally retired I didn’t miss work at all, I didn’t miss other workers, I’m just focused on family and still do, I’m 68 and enjoy doing nothing basically as I feel worn out. 8:18 😊

[@Morningdwnld]

Shift work it tough man. Way to go!

[@samramazotti2986]

You are absolutely right the time is the most precious of any thing in life

[@myinnerbeingknows]

Thank you

[@josephjuno9555]

U mentioned my exact Plan! I retired July 4th at age 61 to begin my monthly Pension. I plan to return to work Late Fall Part-time. I will continue to recieve Pension and Healthcare resumes once I return to work? I may continue to work [r Retire again in late Spring? Maybe even go back to work or work PRN again later? We make about $200 p day.

[@josephjuno9555]

I worked 3rd shift, felt tired all the time? I retired but plan to go back to work in late Fall Part-time? Maybe I won't be tired all the time if I only work a few,days a week? And I will recieve Full Healthcare so that will p Spare me alot of expense?

[@mburgess2829]

The why wait for retirement is my favorite part of planning for retirement. I am motivated to work towards things I enjoy now that I can do in retirement (side hustle).

[@Morningdwnld]

Well said!

[@sophieoshaughnessy9469]

I See the great thing about financial independence is practicing getting self esteem from other things than always being around people. There’s a world inside you.

[@Morningdwnld]

so true

[@SagisGaming]

I spent most of my 20's being unemployed (my country has decent welfare system, which anyone can use), but even though I had all that time I didn't really know what to do with it. I jogged and lifted weights here and there, maybe played some video games, but as more time passed I just didn't do anything anymore, just laid on couch waiting to die basically. I work now and everything feels so much better, like free time, that friday wine and ordering Indian food just feels so good

[@Morningdwnld]

That's an interesting perspective. What made you want to start working?

[@SagisGaming]

@@Morningdwnld I just didn't feel like I had any purpose. Obviously I couldn't afford to live in some nice house so I didn't have garden to work on or anything like that neither. I even felt jealous of janitors, I wanted to call myself something, I feel like your occupation gives you identity and purpose as a man. I'm an IT-guy now, I repair and sell computers at this small local business

[@Morningdwnld]

@@SagisGaming It's so nice to see you turned it around. It's a good lesson for us all that work actually helps us more than just the paycheck.

[@SagisGaming]

@@Morningdwnld I feel like doing something you feel satisfied is much more important than money, I don't want to for example make some TikTok prank videos even though it could make a lot of money, because it's just not me

[@Morningdwnld]

@@SagisGaming 100% agree

[@LewyLewy2008]

This has given me a lot to think about. I’m 58 and have just started thinking about when I should retire. So far my focus has primarily been on the financial side of things, but your video has me thinking more about other considerations. Though I’m single with no dependents I’ve still never been bored, and I generally prefer solitude, but do wonder whether that would change in retirement.

[@Morningdwnld]

I'm happy it gave you some things to think about. If you're not sure you'll like retirement, watch this video about retirement alternatives: kzbin.info/www/bejne/hGrNf36Jfcpob8ksi=9y9On2NKUtRH9ap9

[@dibe889]

Thank you so much!! I‘m 48, not working for 4 years now. My honeymoon lasted 2 years and it became worse and worse. Last winter I was so depressed and couldn‘t see any sense in life any more. I thought it’s me, something is wrong with me, because I thought I have to be the happiest person in life. Now I found your video and heard about the phases and realize: no, it’s not me, it’s probably kind of normal and a new experience I couldn’t have known before. Further more I have not husband and kids, and a hobby I do by myself without company. It becomes so obvious where the problem is. To find new interests is hard, but now I know that it seems to be a quite normal issue 🍀

[@Morningdwnld]

It’s surprisingly common. Just read through these comments and you’ll see you’re not alone.

[@dibe889]

@@Morningdwnld yes! Thanks so much! I would love to know how others solve the problem. I mean, working full time is not really an option, because I do love the freetime and not having these meetings all the time and longer holidays. It‘s not essy to find a solution in between

[@sharonanderson5794]

I suppose being only 48 is quite young to retire and not ready for a change of pace of life .. I am retiring next year at 66 ..over 40 years as a RN and my mind and body is ready for a slower pace .. not stopping with life .. but just a slower change for things that I am able to do and enjoy comfortably.. at 48 I was still in the thick of developing my career with plenty of energy to feel fulfilled and content.

[@BoninBrighton]

We retired aged 60 that was 6 years ago since then we’ve learnt to play Saxophone he plays Tenor andI play Alto and Bari. We joined a band of 29 Sax players-it’s just one of our new hobbies….

[@Morningdwnld]

That’s cool

[@Madskillsuniversity]

The wife and I are both 62. She is not going to retire until she is 65 (she works from home), but i Semi-retired at 60. I had several businesses and taught Golf and Tennis for over 16 years, 6 days per week, so I find retirement extremely boring. Before that, I worked in Corporate America for 15 years. I have friends who actually sold everything and moved to other countries and love it. I am just buying time but did start a Non-profit to help others in the meantime. Good luck to all!

[@Morningdwnld]

Thanks for sharing your experience. To what countries did your friends move?

[@Madskillsuniversity]

The Philippines, Spain and Mexico (3). One is moving to Italy later this year.@@Morningdwnld

[@rogwarrior1018]

Retirement is like stepping off the back of the boat in the middle of the ocean without your water wings. I'm soon to be a retiree and it scares the shit out of me. I hope I saved enough but no one knows how much that is. I appreciate you doing this video. I have plans to do a lot of camping, hiking and exploring so let's hope my health holds out allowing me to enjoy nature and the great outdoors.

[@vinniephillips452]

I think those who leave a leadership position have the hardest time in retirement. Going from a big fish in a little pond to a little fish is hard. They are no longer seen as the one to take orders from and they don’t get the respect they had when working behind the desk.

[@Morningdwnld]

100%

[@FionaMacDonald]

I agree! I retired at 51 and have thoroughly enjoyed not working and no desire to ever work again. My job didn’t define me, it was a job that paid me good money and would have kicked me to the curb in a second if their fortunes changed. I turned me into my retirement project - lost weight, got fit, cook my own food 👍

[@Morningdwnld]

@@FionaMacDonald I love how you put that - you are you're own retirement project. I hope it's going well.

[@Sicilian1S]

Because they were never big fish, just sad lonely egomaniac s

[@hastycontemplation]

@@FionaMacDonald I want to retire early for this reason, to lose weight.

[@Turun2-14]

Your channel is timely for my age, turning 65 next year. At the age of 60 I stopped working full time job. I’m still working 3 hours every day and do many things on my fee time . . . Life is beautiful 👍

[@Morningdwnld]

Yes it is!

[@legendaryTMNICO]

Doing charity work should be good for some people too.

[@GORetireandGOGrey]

I am retiring next month at 54. We've got some travel lined up over the next few months so that will be my honeymoon phase. I can't see the future but I know that I can adjust to the changes along the way.

[@Morningdwnld]

Congratulations and good luck! Enjoy your travels.

[@linneasimchah1621]

It's about a year after your comment was posted. How's the honeymoon phase going?!

[@davidsilva487]

Thank you I needed those words. I am considering doing something different because I’m not feeling useful or productive and still with so much energy, missing the interaction with others in the daily grind.

[@Morningdwnld]

Thanks for the comment. I'm glad it resonated. Good luck on your next adventure!

[@Bob-yh7ir]

Don't have problem #1. Have only 2 "friends" from work that we already do things with outside of work on a regular basis and that won't change. Work was never my identity. I enjoy my job but do not need it to fill my day. We love travel and have always taken our vacations to travel the world. We are the same in that we go off the beaten path. Stopped in a little pub on some outskirts of town in Scotland and they had live music. Once they heard us order, we had a hard time buying another drink, we did make sure we bought the last round as we were leaving since there is some tradition to "going round the table" Made some new friends that night. Also on a trip to Australia and New Zealand we ended up always running into the same couples at some of the local events and pubs. We now have a standing invitation to stay with them when we go there again and they with us if they ever get to the states. Send emails every now and then to keep in touch. It's a blast. So we are going to retire early to spend 3 to 4 months away from home. In between that we have aging parents we want to be with as they enter the no-go years. Have all our ducks in a row ( or at least in the same pond- lol ) with wills, trusts, estate planning. So we are ready to ride off into the sunset.

[@Morningdwnld]

Nice job!

[@legendaryTMNICO]

I want to travel to Scotland so I can experience a whiskey tour since I love whiskey. I’ll be satisfied if I ever get to travel to Scotland and Budapest.

[@TheGearDudes]

great video. I'm 44 and working to be prepared for retirement by 60. I really like how you rephrased "retirement" to be "financially independent"

[@thienthan324]

I m 40 and hope to retire at 55 or at least cut to 2-3 days a week by then. Good luck to us 😅

[@Morningdwnld]

Thank you

[@FarukStingl]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

[@TerrencesSheldons]

The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.

[@JoeWilmoth-k2w]

@@TerrencesSheldons The reason I decided to work closely with a brokerage adviser ever since the market got really tense and the pressure became so much(I should be retiring in 17months) so I've had a brokerage adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.

[@FarukStingl]

@@JoeWilmoth-k2w How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@JoeWilmoth-k2w]

@@FarukStingl The beauty of MARGARET MOLLI ALVEY approach is her dual focus: while aggressively pursuing profit opportunities, she's equally tenacious about shielding investors from potential pitfalls. It's a balance few can achieve.

[@FarukStingl]

@@JoeWilmoth-k2w Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible.

[@emersonlangstaff1527]

I just retired at 62.5 after a 37 year career. My background includes being trained as a therapist and I have always known that ultimately happiness revolves around finding meaning in life- people and pets to love; enjoyable activities; projects to challenge us; dwelling on how blessed we are if we are blessed to share it with people we love; being conscious of our legacy and consciously building it; enjoying our time to relax, but working hard on all that we are into and enjoying our accomplishments, etc. Enjoyed your video and good thoughts!

[@Morningdwnld]

Thanks for sharing and I hope you have an amazing retirement! Sounds like you’re off to a great start.

[@bogroll1881]

It takes all kinds of people, I can tell a relaxing chilled out existence is not your cup of tea and people like you need challenges. However people like me love the idea of the freedom to do as I please after the stress of having to be accountable to the company I used to work for. I am in your honeymoon phase but am loving it so far.

[@Morningdwnld]

You're right. I hope you keep loving it!

[@legendaryTMNICO]

My dad is more stressed out and he has become paranoid since he retired.

[@rebelduck9077]

I tried to retire at 39. I realize there was no one else to share that with except older people at the bar 😅. My friends were all still working. I went back to part time work and love it along with having free time for gardening and traveling when I want

[@Morningdwnld]

That's a common story for early retirees. A large portion of whom go back to work. I'm happy to hear you're enjoying it.

[@tahneecoonan]

How did you retire so early?

[@ollie2034]

I wouldn’t say 39 is retiring, at that age you are just not working.

[@thecroftericmiller496]

Very few people have the issue of missing their job like you described as your first example. Most people cannot wait to get away from their job. So I don’t necessarily agree that this is an issue issue for a majority of people and retirement.

[@Morningdwnld]

I have receipts on this. There are surveys. Do you any contrary data?

[@RetirementRhythm-Pets-Plants]

I took early retirement last April. My job was very stressful. My husband paid off our house and cars when we got married 6 years ago. I was so stressed. Now I enjoy organic gardening, volunteering, and trying to reinvent myself. I don’t regret retiring at all. ❤

[@Morningdwnld]

Congratulations. Why were you stressed?

[@RetirementRhythm-Pets-Plants]

@@Morningdwnld I worked in a call center and was the go-to when customers had a problem. 16 years of that (people yelling, etc.) Not enough money in the world for that abuse.

[@Morningdwnld]

@@RetirementRhythm-Pets-Plants Good for you for staying so long! I worked at an outbound call center in college and only lasted 6 weeks!

[@ericammons9804]

It’s important to retire to something, not from something. And volunteering or part-time work is great in retirement.

[@Morningdwnld]

true true

[@darrencarr9958]

Very well said. I’m stealing that quote.

[@mrlogboy]

One thing that made me breathe a little easy was you talking about social life of being in the office and then suddenly missing that. I’ve been working from home since early 2000s and.And anytime I have to go into the office. I still don’t interact with people because they’re on different teams in my office or almost different companies. It feels like.. if I go into the office, it’s on the West Coast and all my teammates and anybody that I work with is on the East Coast. So that issue of missing socially stuff I dealt with that in the mid 2000s.. one less thing to worry about thank you. Great video.

[@darrencarr9958]

I’m 54 and financially easily able to retire. I just can’t take the leap. I’m afraid of being bored and having no reason for getting out of bed.

[@Morningdwnld]

Reasonable. Good luck. Have some hobbies?

[@memehamp6006]

Change your mindset

[@rriqueno]

If you really love what you do and have no problem with your life then stay doing what you do. Retirement Its all about freedom to do what ever makes you happy. If you really like your job then keep working. Me im retiring in 8 months. I could retire now but my brother who is my business partner and the one who is going to keep working is going to have knee surgery in two months and i will keep working until he comes back. When he comes im gone

[@Kiki-d7f9w]

Pickleball is a major motivator for me to retire early. I want to play all day here and there. I can hardly wait!

[@carolinecote6908]

I didn’t count but you mentioned “doing nothing” in retirement several times. The retired people I know who do nothing seem to have put all their eggs in the work basket. They have no hobbies, no personal friends outside work, no personal goals they wish to achieve outside a work environment. I personally couldn’t wait to retire and finally be able to do my own thing on my own schedule without worrying about making enough money to pay the bills. And my husband is the same.

[@Morningdwnld]

I mentioned that doing nothing is a bad thing. Looks like you don’t have to worry about that.

[@Wiltshire-observer]

It honestly depends on what work you were doing before retirement. If it was stressful and exhausting and took over most of your thinking time, in work and outside, it’s a no brainier when you can afford to give it up. Staying at work longer than you need to, doesn’t guarantee an extension of your retirement in good health. You reach a balance where you will want a retired existence even if that means a much lower income fir a simpler life. Those who try to amass large wealth to live a long rockstar lifestyle in retirement are deluding themselves.

[@Morningdwnld]

Yep. Agreed. You have to strike a balance. How are you you doing it?

[@Wiltshire-observer]

@@Morningdwnld Buy a 50 year old House ! - it will keep you busy forever, but I enjoy it..

[@Morningdwnld]

@@Wiltshire-observer I bet! You're probably pretty handy by now too.

[@lisacleaves66]

Well said!

[@Woodland26]

The movie "The Intern" hit a nerve when I watched it. Robert de Niro was widowed, successful career and retired. He did all the retiring things, travelled the world and ended up bored and wanted to do something. Similar theme was the animated "Up" with a similar character. The worse thing at retirement is probably the loss of purpose. Myself, widowed, nearly empty nested and soon able to access retirement fund.

[@Morningdwnld]

I think about "The Intern" sometimes as well. It's a good lesson.

[@alexfjallstrom6485]

I love your sincere delivery and enjoyed your take on these topics.

[@Morningdwnld]

Thank you so much!

[@legendaryTMNICO]

I don’t understand thing the thing he says about missing the e social life. I’m pretty sure he can still hang out with former coworkers on the weekend or when on the weekdays if they are on vacation.

[@celtics2008champs1]

This video was VERY helpful and I appreciate the honesty and forward thinking. Being a 50 year old I have thought about these things a great deal !!

[@Morningdwnld]

Glad you liked it

[@newguyguy2578]

This is why people need activities outside of work!! Makes no sense to me when people get out of work and have nothing to do!

[@Morningdwnld]

Amen. Although I didn't say I had nothing to do. I have a lot of hobbies. I just also like work.

[@marianreddy9848]

Thanks for a thought provoking video, I do believe focusing on health will make it much better. Doing things you love now is so wise! I am working toward retirement but have just taken a job that is much less stressful so I will do a gradual slow down

[@Morningdwnld]

Thanks for sharing. Good luck on your journey.

[@driftingintoretirement]

I retired in January, at 56, in the honeymoon period at the moment, keeping active and the days are so busy lol. Looking at hobbies (KZbin) to bring in a little extra. Agree it is not retirement, it is financial independence. Great video and thanks.

[@Morningdwnld]

Thanks for watching and sharing your experience.

[@22tango0071]

i am 70 in great shape. I still work for the fed gov and work from home. Don't plan on giving that up. I started a tech company 3 years ago. have 20 employees. Why retire just have fun.

[@Morningdwnld]

Good for you!

[@shuparale1]

Good for you! If you are looking for another employee or would consider expanding to Canada- let me know!

[@erichearduga]

I'm looking forward to regaining my identity... I feel like the corporate world beats the identity out of you over time. I'm working toward my retirement project so that I'm not going cold turkey, will just work part time for myself for a bit.

[@Morningdwnld]

For sure. Good idea to have your own project. What is it?

[@johnjaco5544]

Age doesn't determine retirement,,,, money does!.Love retirement, every minute of it.Been 12 years now.

[@Morningdwnld]

Well said. How did you save?

[@kensmith2796]

Everyone that I have known that has retired early has regretted it. I'm going to learn from their mistakes and work until I am 67. I'm using that as my target age, so I may work less or more depending on health and finances. I think the most important thing is finding a career that you enjoy. I enjoy what I do and can see myself still doing it into my 60s and even beyond if necessary. I have a client who could have retired long ago (from a financial perspective), however, he's in his 70s doesn't want to stop working.

[@Morningdwnld]

Me too! Seems pretty common. It’s great when you find something you like. Congratulations

[@mikesweeney651]

I love my job but can’t wait to retire in 9 years and 9 months 😊😊😊

[@tangents6299]

A customer of mine said he retired and plopped in front of a tee vee and about lost his mind, was mired in depression. Went back to working, happy as a clam.

[@rebeccabelflower7767]

Yes, sounds like they didn’t have a plan for their retirement “time”.

[@alcantwell]

I'm just thinking out loud here, but I wonder if people who need to be directed are the ones who go "crazy" with too much free time and literally do not know what to do with it? 🤔

[@edavis5451]

Another financial planner calls the FIRE acronym as Financial Independence Recreational Employment. Meaning you are more flexible in your job. You can go part time, leave whenever you want, change careers with zero risk, etc. that is my plan. I’m “retiring” at 55 and will work part time in a brewery for fun for a few years. I currently work remote so the social side of working is long gone.

[@era-FP]

The transition to remote work and my role in a regional capacity, has lessened social interaction so I think i’d be good when i retire in 3 months, at 51 😊. The only concern now is the financial market situation and bleak economic outlook. Thanks for your content !

[@Morningdwnld]

Thanks for watching and good luck on the next chapter!

[@CheckThisOut77]

Age 51 sounds too early to me. Do you like your job? Health insurance: How will you cover it? Normally at age 55-65 we are at the top of our income game, too. Suggestion: Lay out a detailed pro/con matrix (weigh each category and re-score each two months). Retiring very early: In many ways, is like the Covid shut-down days. Others are shut-in (due to having to work).

[@era-FP]

@@CheckThisOut77 Thanks for the sanity check. I think am in between the FIRE age and normal retirement. My portfolio is at US$ standards , while my spend level is based on my region (Asia). Two kids have graduated from uni and have no mortgage now. So i think I can manage. 😀 Thank you !

[@era-FP]

@@CheckThisOut77 So as you said, giving up my stable income & perks (at the peak now) vs choosing flexibility, slower living, less stress, I think i’ll have to try. I can do active investing and real property flips on the side. We’ve done it during the pandemic.

[@advancetotabletop5328]

@e: Good job. Having a side hustle (or whatever kids call it these days :P can give you peace of mind for income, keep you busy, and keep you learning!

[@itstayayg193]

What a thought provoking, well-made video. Made me reconsider life in general.

[@Morningdwnld]

So glad you liked it! Thanks

[@josephstevens9888]

I know two groups of retirees; those who really do nothing, and the those who keep busy. I noticed the first group ages quickly, and the second continue to thrive. In fact, members of that second group find themselves busier than ever - usually on endeavors they find rewarding.

[@Morningdwnld]

Same here and I think there may be some data supporting that. I'd be interesting to dig into that.

[@JohnFisk-OHS-78]

Couldn't agree more. I'm within a couple years of retirement and am looking forward to it. But, only because I have some pretty specific plans and goals in mind. I would never retire from work without a concrete plan. Cheers! J

[@josephstevens9888]

@@JohnFisk-OHS-78 Sounds like a plan... good luck and take care!

[@robertwebb6199]

This guy is spot on! I live on Madeira Island, Portugal and have many international clients who buy property here or have something ideal custom built, they are always directors, company owners or just good investors. It’s amazing how the retirement honeymoon wear off even if living on and in paradise! I really great channel. So honest.

[@Morningdwnld]

Thanks! Is Madeira much like the Azores? For sure the honeymoon wears off. I was even living in paradise as well in Puerto Rico.

[@robp9746]

Speak for yourself. I worked in a hell hole for 37 years and after retiring, miss nothing about my former job. No regrets.

[@Morningdwnld]

That’s great!

[@daveeller6958]

I was in a similar situation. I retired a year ago! I was so glad to be able to retire. I made it 39 years and that was about 3 years too long! I’ve never looked back!

[@Sicilian1S]

Amen

[@dogegamer3288]

I'm never retiring. I'm going to keep working my hard labor job until I'm literally dead.

[@sammencia7945]

WHY DID YOU CHOOSE TO WORK IN A "HELLHOLE" FOR 35 YEARS?!? Who made that bad decision? You did. Why?

[@ToBeOrNotToBe107]

There is a lot of anxiety linked to the question of how to live when retired, it is just another type of resisting change and venturing things. Still struggling and waiting for an inspiration :-) thanks for your thoughts

[@Morningdwnld]

Thanks for watching.

[@LeTigre22]

Biggest problem I’ve seen is people retiring and don’t have any hobbies or interests to pass the time. That leads to problems with depression and down a bad path.

[@Morningdwnld]

Sure does!

[@legendaryTMNICO]

That’s similar to some people winning the lotto too.

[@justc0de888]

Truth is we are “told” what to do and all that most of our lives. From all the schools and education institutions, to employment and career, we are bound by rules and regulations. When someone is “breaking free” , after - whooping 45-50 years, if they haven’t developed skills and hobbies outside of their profession, they can feel lost. Kudos to those who do make it and get outside the daily grind, to spend time with their loved ones and to enjoy their own hobbies. Great content 🙏🏻

[@dubsdolby9437]

I retired last year at 53 luckily as i was self employed i picked the times i worked. Therefore i haven't struggled to much as i went to the gym in the mornings and have a good social group i go walking or biking afternoons. You need structure definitely otherwise you may slip into bad habits. Its difficult in the winter, plus plans can change definitely financially dividends can stop mortgage rates increase. So be careful thinking its all planned out it can soon change

[@Morningdwnld]

True. Mike Tyson was right.

[@bradleyvanzile1111]

I’ve been retired 17 years and there are several changes that occur financial and socially for sure have to be very adaptable. Retired at 37 on SSDI.

[@Morningdwnld]

What's been the biggest change?

[@401KDexters]

Thanks for this retirement "Preview" - much appreciated.

[@Morningdwnld]

Thanks for watching!

[@pngarcia1563]

i've been mentally retired for the last few years...just waiting for my early retirement age so my body catches up to my mind!

[@Morningdwnld]

haha. that's great!

[@ronl1633]

Retired at 56 years after many years as an account manager. I worked all the time to hit my sales targets and bonuses. I was an overachiever business (buthead) all of the sales team members on the same treadmill I'm just not that guy anymore. I will never go back to the rat race. I'm golfing 2 or 3 days a week, walking my dog two long walks a day, shopping for the groceries and cooking nice meals. My wife has lots of holiday time in the bank (she is still working for now) we had 3 nice holidays last year and are planning more. I guess because I worked from my car and home office and only went in for meetings I did not have the attachment to staff friendships like some do? But I'm never going back as I say and hope I stay healthy for the next 20 years of freedom! My father worked till 65 and cancer made his retirement short, so I understand you can't buy more time.

[@Morningdwnld]

Congratulations! So glad to hear it's going well. That's a lot of golf :)

[@paulb1383]

Good advice....As I get closer to retirement some of this a tad concerning but better to know from someone who has been there to help me plan!

[@Morningdwnld]

What part is concerning?

[@ArizonaIrish]

I tried retiring back in 2017. It was fun for a year or so, but I found that I was too young to stop working. I felt like I could still contribute to a team, and I missed the grind. We shouldn’t look at work as a bad thing. It is a journey that can be fulfilling. I started a brand new career at 51 with a company that allows people to work well into their 70’s. That’s exciting to me.

[@Morningdwnld]

Agreed. That's great to hear you found something you like. Good luck!

[@sammas2959]

Awesome! Miss the grind? Sound almost like a hamster running on a wheel that suddenly stops, ¡no bueno!😢😢 to what end is your product? Is your sole purpose is to produce? Is this life purpose? The truth is that most of us live a purposeless life. Take example: we spend time watching a baseball game, to what end? One person enjoys it while another sees it as baseless, useless. Repeat this with all our activities, to what end. A purposeless life we live!!

[@TheDoglover1970]

I think it takes the stress of work off if you "choose" to go to work. You have the knowledge that if it ever gets to be too much you can just quit. If you have no choice but to work, for some people even to 70, it is a completely different mindset.

[@Morningdwnld]

@@TheDoglover1970 totally. F*** you money changes your attitude. I'm working on a video about that.

[@Ethan-bu2zy]

@@Morningdwnld A friend of mine has that kind of money, yet recently started another company. He enjoys the challenge but also wants his kids to see him working (modeling behavior). He’ll probably retire for good after building this new business up and selling in a few years. He’ll still only be 55 or so…

[@Sword_of_justice103]

I look forward to gardening

[@Morningdwnld]

That sounds fun and a lot of work.

[@JohnSimpson-r5d]

Gardening IS a great hobby. I do not grow vegetables; just flowers and similar plants. Once you get things planted, there is very little work to do. I concentrated last year on attracting hummingbirds…and they came!

[@user-ys4xx9pi2x]

Omg. I randomly stumbled across this video as we are also preparing to retire early. And lo and behold I see a familiar face. We went to grad school together and had a brief business engagement. Kudos to you T. So cool to see you again. 😊

[@Morningdwnld]

That is awesome! Thanks for saying hello, even though you didn't say your name. Congrats on your impending early retirement.

[@user-ys4xx9pi2x]

@gdwnld Kelli MBATM! China! Invisible robots. :)

[@Morningdwnld]

@@user-ys4xx9pi2x oh hey Kelli. It's good to hear from you! I've wondered what ever happened to you after you moved.

[@bobjames6622]

The moment you leave a corporate workplace you're forgotten. You're just another drone, a number, that's all. Fully expendable and replaceable. For instance when I retire I know that a few days after I'm gone the question will arise...."sorry, Bob who?!

[@Morningdwnld]

Unfortunately you’re right.

[@NikStar210]

So what? For a large corporation, you are dispensable either way.

[@cnwil4594]

I don't miss my working environment. I no longer could stand my work or going to work around people I didn't care for. Leaving was wonderful....

[@Morningdwnld]

You did the right thing then.

[@legendaryTMNICO]

Im happy for you. It’s good to get out of a toxic work environment. My dad some catering job at some airlines and left that toxic work environment. There are some coworkers who come off as being angry every time they talk.