7 surprise downsides to Retirement - and how I reacted

[@markwilhelm168]

I get up in the morning and get my coffee and think of all the different things I want to do today. Then get I sidetracked and, at the end of the day, I look back and I maybe got one thing done. The good part is that there is no deadline and no one else that I have to answer to.

[@Rob9mm]

I think I could get used to that

[@RetirementbyDesign26]

I can hardly wait to have this problem! Countdown is 15 mos!

[@freedomlife3623]

That’s leisurely pace I can’t wait to have. Few more month…….

[@Ray-iz7tv]

Yes easy to be inefficient.

[@kimfayj53]

​@@RetirementbyDesign26 Same here 13 months 😊

[@BrownsFaninIowa]

Summary with some paraphrasing for clarity.... 1. Your spouse's plan for your retirement might not be the same as yours. 2. It's harder to spend money in retirement. The transition from saver to spender is not easy. 3. You must improve your budgeting and planning process. 4. Stock market swings will impact your spending. 5. For many people, much of our ego/identity/status is tied to our career. 6. For many people, much of our fulfillment and sense of accomplishment comes from our work and career. 7. 'Alone time' increases dramatically in retirement.

[@fictitiousnightmares]

Wow, absolutely NONE of those will affect me at all. :P 1. Not married. 2. I have budgeted for many years and know where every penny goes and every penny of expenses. Spending will be the exact same as my plan for retirement required me to meet my expenses needs in the first place. 3. See #2, my budgeting is always on point at all times. 4. My budget/withdrawal plan already takes stock market swings into account. 5. I haven't had my identity tied to my career for over 2 decades now. I could care less. 6. I don't get any fulfillment or sense of accomplishment from my job anymore. I haven't for about 10 years now since the company changed from customer/employee focused to profit focused. 7. I am an introvert and 98% of the time I am alone in life and have been for decades. It cannot increase dramatically. :P

[@niki9638]

Well anytime you are felling down about being retired, think about going to work and dealing with people.

[@RetirementbyDesign26]

💯

[@kamcg1049]

100%. Its too easy to wear rose tinted glasses and remember the 'good old work days'. Just think of the days when it was a right pain in the...... Retirement and freedom is priceless.

[@briand4000]

My Monday T-shirt I often wear: "I don't like morning people. Or mornings. Or people." Pretty much sums it up!

[@clbcl5]

People? Yuk. Worst kind of humans.

[@Carnegiered52]

I've struggled with my first year of retirement. Early 60s, modest government pension, thought I was ready but crashed and burned emotionally. My little part time job is a lifesaver. Still trying to figure things out and hoping to discover a new path foward. Be careful with your retirement plans and may you all find inner peace.

[@mattdecker6791]

Sorry the hear that! I'm in the same position but dealing with it OK, so far. I went from being an integral cog in helping build futures for young people, to a solitary gym rat and TV watcher, but I like the "me" time for once.

[@jablot5054]

Work. A place you don't want to be , with people you don't want to be with, doing something you don't want to do. I love being retired.

[@kevinavery7977]

Just hung ‘em up Friday at 62, been watching your videos a couple of years. Appreciate your sharing. I definitely could have gone a couple of years ago, but I’m in great health and with reasonable luck I still have a long go-go horizon.

[@joekuhnlovesretirement]

Congratulations

[@mitchnutterfield8875]

Hey Joe! Month five of retirement and absolutely no regrets. I completed a five week, 5,000 mile road trip and now investing in myself at 65. Pickleball lessons and now in a league. Talk about ego boost! Nothing like putting away someone half my age. Also, working with a personal trainer to work off the weight I gained over the last 40+ years behind a desk. Feels so good to do “one more rep.” My focus is now completely on me so I can continue to be active adult and how to be a continued role model for my kids and grandson! Happy Holidays!

[@mattdecker6791]

Those pickleball seniors are really focused! Looks like fun but the seniors at our rec center are REALLY into their sport.

[@mitchnutterfield8875]

Don’t let that stop you. I took some lessons at a recreation center in my area. It was a group lesson with eight of us. Got me familiar with the game and got me over that awkward feeling of starting something new. Our group still plays once a week. A few evenings on the court and you might become one of those serious seniors! We all started not knowing anything about the game!

[@jimbobtrusty6976]

@@mitchnutterfield8875where did you go on your 5000 mile trip? Wanting to do a loop out west and back.

[@TimothyUfkes]

At 62, retired from healthcare as a CRNA after 39 years as an RN, had sit down with financial planner at kitchen table who said you have 99% success rate given 401 savings, so quit in summer of 23, after spending 39 years stuck deep into the dark, cold interior treatment rooms, operating rooms, NEVER looked back, now I enjoy coffee every morning, plan my day where I do handyman projects for family, and STILL feel like vacation every day, never wrapped identity or self worth in my role as worker, considered myself more of a biker and musician, 2 hobbies I continue to enjoy, along with camping, traveling…still have younger working wife as an RN…waiting till she can quit…no regrets…

[@barrybritt3352]

Hey Joe, I’ve been watching your videos for a while. I plan to retire in a year and half from a state gov’t job. I’m set up for retirement due to financially educating myself several years ago. I plan to work part time in retirement at a less stressful job to motivate myself to get up and go some days and for the social interactions. I’ve enjoyed watching your videos to learn about the unexpected aspects of retirement. Thanks!

[@patandanna69]

Thanks Joe. Enjoy your videos. Good to know my issues are common. I certainly am struggling. After working since I was 13, and retired at 55 with 20 years Navy and 15 as a federal civilian in high stress environments I am trying to find my footing. Extremely blessed to be in this situation but am looking forward to figuring this all out and regaining a sense of purpose.

[@cautiousoptimist1926]

This is my cautionary tale. I retired in my mid 50s several years ago , and I've fallen into a socially dead zone. My friends who are my own age won't be retiring for another four years, and the retirees I was socializing with have aged out of our shared activities. My younger friends are, of course, still working and have family commitments. You can find yourself quite alone in a town where you know alot of people.

[@davedonati206]

Hi Joe, great video series! I’m about a year from retirement & learning a lot from your videos.

[@aaronb845]

I’m about 6 months from retiring at age 58 thanks to you Joe. Your videos and suggestions have given me the confidence to pull the trigger 2 years earlier than I had planned. But I’m still scared. I’ll keep tuning in and learning how to be as prepared as I can.

[@joekuhnlovesretirement]

Congratulations

[@josephschmidt2183]

As long as your finances are in order there’s no downside to retirement. The hardest time for me personally is the long, dark and cold winter months because you can only workout so many hours at our age and pretty much anything you do in the winter costs money. a few weeks in Florida help but that’s several thousand dollars and climbing in price. Elderly parents do appreciate our extra time and availability for appointments and help and that’s a sense of purpose. Thanks

[@Jbmacrone]

Retired about 18 months ago and concur with your comments, especially "fulfillment." I'm still trying to figure out that space, but hey, it's still a good place to be. If I could add one more word to your list it would be "purpose." When I was working, my purpose was pretty clear, now that I'm retired I'm still sorting out what my purpose is/should be. My advice to anyone is if you can figure these two things out ahead of time you'll have a smoother transition. I for one am still a work in progress. Thanks for the good sound advice.

[@tednovy7762]

I appreciate the balance you bring to the journey. Keep up the great work, Joe!

[@backcountryFLcyclist]

Love your videos! I am almost 52 and am in the "super saving" phase of my career looking at when I want to retire.

[@PJsallday6631]

Thanks for sharing your insights as always Joe. I retired 2 weeks ago at age 54, so I’m still adjusting to this new phase of my life. I’ve been following you for a while. Your videos and Boldin/New Retirement have been very helpful as I prepared. Many people see retirement as the end goal, then become disillusioned or feel empty when they get there. It helps me to think of retirement as the beginning of the next phase, not an end point. Would love your thoughts on that mindset. Thanks again for the great videos!

[@joekuhnlovesretirement]

Exactly right. Retire to something not from. I have a ton of videos on this. Congratulations!

[@lynnejennings8390]

I retire in 12 days. Your videos have been extremely helpful to me, I especially enjoy the budget and financial planning advice. I have purchased New Retirement and am making my way through that and I have also been focusing on getting a strong handle on my budget. I anticipate I wont be board at first because I still have a lot to learn when it comes to the financial side of things. These videos on lessons learned are also helpful to prepare me mentally so thank you.

[@frederickruderman2997]

Nice move getting a head start. I retired with little planning and played catchup for well over one year

[@LittleCabin]

My ego check came when I voluntarily switched from my 17 years in academia to a job in DoD acquisition. Amazing how far down on the learning curve one can fall! That PhD in engineering doesn't hold near as much water outside of the university system. That was (and is) a big challenge that I still work to overcome, but it just gave me a huge appreciation for how smart and competent some of the "young folks" are, and understanding that they won't need me one bit when I hit the retire button at the end of 2028.

[@lisah336]

The increased alone time challenge is real. I joined my local senior center at 60. It has great exercise equipment and surprisingly fun activities. Everyone you meet has something interesting in their past if you're willing to listen.

[@johnsonshieh50]

Thank you Joe. I retired this month. I realized I have ego. My ego is going to get crushed! Praised God! 😂 The “alone time” is going to be an issue . So I am going to buy a dog ! I enjoy watching your video!

[@williama6894]

Been watching you for a while and I really appreciate your content and advice. Just started my Boldin subscription and I am grateful that you have shared your experience. Thought I would work to 65 but now considering ASAP because of you and other reputable creators. Thank you!

[@joekuhnlovesretirement]

Welcome aboard!

[@philblakers775]

Great advice and video, thanks very much 😊

[@MrCool2601]

What surprised me most is the emotional roller coaster ride it's been. The freedom to do whatever, whenever you want is absolutely great but everyday isn't a perfect day at the beach as many may think it will be before retiring.

[@mattdecker6791]

Most of my emotional roller coaster was pre-retirement.

[@jcort21]

I like to listen to spiritual and positive messages, a solid foundation to start my day. I exercise and run a few errands during the day. It's just me; my wife is not retired yet. My family, especially my nine-month-old grandson, keeps me going and happy. 😊

[@jafo461]

Thanks Joe. You have helped me be more confident in pulling the chute on early retirement.

[@joekuhnlovesretirement]

Excellent!

[@GracieValadez]

I enjoy your videos, I retired at 61 on July 1st. Your videos are insightful and very helpful through this journey.

[@drummerguymn]

Another excellent video, Joe! Thank you sir. I'm two years into retirement now, and concur with your list.

[@utsavratti]

#1 and #2 are so pertinent to me right now. My wife and I have been fortunate; our FA says we can retire, Boldin says we can retire, but we are on different pages about timing as her fears are tied to #2 even though the portfolio says she doesn’t need to be worried. For now, the compromise is to keep working until mid-2025 and then revisit. Edit: thanks for making these videos. They’ve been and continue to be really helpful to me.

[@silasmsmith111]

Another great video. I think switching to spending mode will help a really tough transition for me, my wife will probably make that transition much easier 😂.

[@frederickruderman2997]

Another potential downside that can go hand in hand with more alone time: you can slip into thinking about past mistakes made…, mental strength must be very strong and it’s super helpful to maintain or develop a support team.

[@pizza4me298]

This is what i have found to be true. I keep myself busy but I have plenty of time to think about the things I regret. I am doing fine financially but the free time lets me think about all the things that could go wrong too. Best to find things to occupy the mind.

[@dominic8218]

Great points again Joe. I’m now 2 years into retirement and only know positive returns over that period. I have a plan, but know that when the markets go down ( and they will!), this will still be a difficult time for me. Having the guidance of your channel will help without doubt 👍🏻

[@survivethrive2468]

Its a blessing and a curse retiring early. I retired before 40 out of my career field in aviation. I got tired of the politics, people, managers, etc. Saved my money no wife and no kids and everything paid for. Maybe it was a mistake by leaving the workforce so young, but living a simple life within my means ensures me I wont run out of money. Life happens of course and having a skill to fall back on helps. Its lonely at the top to . Lots of jealousy and envy and guess what lots of free time and nobody to spend it with. Things to consider!!!!!

[@robertkelly6189]

Excellent sound and picture quality today. Great video as always.

[@boomerrangerron]

Hi Joe! I’m in awe at how many very lucky guys & gals have been able to retire early! I’m even more amazed at how many have started KZbin channels as well! I’m the total opposite type and was forced into retirement at 77! I did start an LLC, did some 1099 sales and reluctantly retired for one year! I wrote and published a book, Networking Works, started a KZbin channel where I’m Boomer Ranger Ron! And then took a part-time sales position at Bass Pro selling boats & ATVs! Hey at 78 I might re-retire when I turn 80! Great video and happy your helping provide so much useful information to those who are planning retirement!

[@joekuhnlovesretirement]

Interesting life

[@johnjeffries2148]

I think one additional downside is when you have more of something, you tend to squander it as a resource. In this case, time. In retirement, it’s easy to let the day get away from me without accomplishing what I intended to that day.

[@cuz129]

My identity was closely tied to my very high profile job. Running the biggest employer in a fifty mile radius is ego boosting, but when I retired that did not change much at all. I chair a college board, a hospital board and a foundation board so I'm still very visible in the community and still interfacing with business leaders and elected officials. I don't have to spend a lot of hours doing it but my identity as being someone in charge of a lot of things hasn't changed that much. Been retired nine years and really enjoy life.

[@barryharrison5880]

Excellent video - many points that I have not found in other presentations - THX

[@RobertSeemann]

Good content. Always appreciate you sharing your journey with us.

[@lorilmarty]

Great content as always. Planning on retiring in 2025 and your content has been my inspiration.

[@joekuhnlovesretirement]

You can do it!

[@lovethomassowell]

Thank you, Joe! Excellent as always. One tool we use is to schedule some recurring items on a calendar. Every two weeks we compare our spending (via Empower) to our budget and see if we are on track. You had your yearend checklist recently - we typed that up and put a recurring calendar item to check that list every October 1. Every two weeks we review our list of action items we need to do. Another downside (but also upside) is that you have to stay on track with physical and mental health activities. We are 17 months into retirement and have not had that down market yet. We are using some cash and a healthy fixed income allocation to help with SORR, but I know we will cut down on our spending when the market turns. We do have our downside budget drafted. As another finfluencer says, the market takes the stairs up but the elevator down.

[@joekuhnlovesretirement]

Wise

[@jasonw8497]

I always like hearing stories about other peoples reactions when you tell them you are retiring or that you are retired. You said you were "smiling and saying you were retired" Im betting the conversation/questions didnt end there. It might make a good video of the questions and interactions you got for the *perception* of being retired to "early"

[@monalisa233]

I am looking forward to some of those issues! Better than clients demanding things everyday! Been going over the money thing until I am so tired. Got in touch with some advisors so will make some choices when I leave work next year! Trying to get my other half to retire with me....we will see. But he also knows I can't spend 24/7 with anyone. Everyone needs some different interests.

[@hustlenation4779]

Thank you so much Joe. Good stuff right here. My exit date is July 2025 and I’m getting mentally prepared.

[@scottfromsouthcarolina3185]

Long Term Care and cancer are my biggest fears. These can ruin a retirement both personal and financial. Three guys on my street have lost their wives. Another guy's wife is suffering from dementia.

[@PoodlesAnonymous]

Having trouble pulling the trigger! Thanks for the video!

[@nickwythe7128]

Thanks Joe, While I'm from the other side of the world same issues resonate.

[@wisdomlab-db]

Great insight and transparency. Credible advice! Thanks Joe!

[@garydickes4208]

You mention you have a group to review finances with. I'd like to form a group, but I'm worried about one thing. No one knows what I'm worth, and when they find out, it will change a friendship. It's hard to judge who would be best for such a group.

[@joekuhnlovesretirement]

They all have same fears. You will form a tight bond because of this

[@JWG2014]

48, 2 to 4 years away from retirement.. the isolation is what I am worried about. I am over invested, will have more money from growth than I will be able to spend. Actually my investments are making me 5 times more than I make for my current job ( I bring home 2x what I actually consume per year also). The problem is all my friends work and most will not retire until they really old.. kind of a double edge sword.

[@martybabitz9590]

Joe, I got a lot out of this video, particularly points 1 and 7. On point 7, I am fortunate that I really enjoy alone time as well as time with my wife and family and friends. I am looking forward to investing my increased alone time in retirement in fulfilling activities - I see that as a real upside of retirement.

[@clbcl5]

No basement, retirement bunker.

[@JohnMcClure-i3r]

Another great video. Thanks Joe!

[@Joe-lb8qn]

You are so right as to point2. Ive very recently pivoted to big expenditure. Not just on me but friends and esp family. No pockets in a shroud etc.

[@macpatterson4239]

Retired six years ago and it’s GREAT

[@Bryan-wc3et]

I’ve always said retire to something not from something. Been retired 3 years and never a dull moment. My wife calls me the 2 hour man, I do things around the house for 2 hours in the afternoon the rest of the days is all related to hunting. Been a loner all my life.

[@retirearly500k59]

Good video, Joe.

[@jcort21]

Great show, as you always do. I am in my second month of retirement. Well, you are right about the spending plan and spouses being on the same page. I am still investing, but I might switch to a fixed annuity later. I don't know yet.

[@boriskrotchgruber3730]

Hi Joe, Can you please do a video on succession planning? It can delay retirement and is worth discussing imo.

[@joekuhnlovesretirement]

Not sure how popular this would be.

[@mattdecker6791]

Six months into retirement at age 62. I miss certain aspects of my career. However, there were negatives I do not miss and these outweighed the positives. No more grind, getting up and feeling, "Arghh, I really don't want to do this today."

[@jimrinard1969]

Another great video Joe.

[@GowdyStuff]

One downside that you didn't mention, but it is wrapped up in some of the other issues is boredom. I have struggled with boredom intermittently, since I retired two years ago. As you mentioned, one needs to replace the career/job with hobbies and interests so that you don't have excess time in which to get bored.

[@ScottValler]

The time paradox comments were very interesting. We look forward to the time we will get back when we retire and we wonder how we will use that time to feel of value in our world......

[@scottsinnott2636]

I have been retired for a little over a year and I have experienced all of those things. Some of it took me by surprise even though I was aware of it ahead of time.

[@EJJ-EvArms]

Don't miss #5 or 6 in the least. #7 us a huge upside. #1 is life lol. Spending is an upside too. The only downside mentioned is market downturn, but barring global thermonuclear war (I used to work in WTC before 9/11 so there's that), it's merely something one plans for. All good, Joe. 👍

[@shilver101]

Retiring in a couple of years at 60 My wife will be working full time at least another 10 years. Bright side she plans on adding me to her insurance.

[@Calventius]

Just retired at 67. Have military and OPM pension of about 5k and rents of 3k. While working I had an extra 8k net a month to spend on projects, etc, now have to watch funds like a hawk, especially for those property taxes. I am trying to hold out until 70 for social security of $3,500 net after Medicare B payments.

[@gregkloe]

I'm thinking you are fairly well funded. I have a modest portfolio, am retiring later(65), and will spend down about 1/3 of my portfolio, not accounting for growth, so in reality, it will be less, waiting until 70 to take SS. At that point SS will fund our lifestyle and whats left in my portfolio will start to grow again. I'm not sure how RMD's work, but if it's a percentage of your total portfolio, they should be small. I work with a financial advisor. Maybe I should get a second opinion.

[@MrHabs66]

Retired at 53. Best thing I’ve ever done.

[@briand4000]

I'm feeling equal parts terror and euphoria knowing that retirement is a year away at 61.5. I have plenty of hobbies, cars, motorcycles, guitars, build flintlock long rifles, shooting, racquetball, reading, etc etc. I fear that these passions will become less....rich...or special, when I can do them all the time instead of having them to look forward to on the weekends. It's the "too much of a good thing, is no longer a good thing" type of deal. I'm easing into part-time now, and I'm liking it. Sliding that back a little more next year could be just the ticket...keep some pay and benefits coming in and let the first full year of the next administration settle in. We could be in for one helluva ride, folks, up, down or sideways. Buckle up.

[@d.bishop1034]

I'm 18 months into retirement and find I'm not able to spend as much time on hobbies as I'd like. There are plenty of things on my to do list... maintenence on home/yard/cars etc... Add in traveling, babysitting grandkids, volunteer work. Still leaves me having to carve out "me time" for hobbies. I feel as busy as I ever did in some ways, but it's nice to be in control of my own time and priorities.

[@JamesFranklin-ud4ib]

Joe, just curious, why did you end up stopping your financial planning consulting? Seems like you would have been great at that and interested in why you stopped. Thanks again for the videos and insight!

[@joekuhnlovesretirement]

Overwhelming demand. I couldn’t handle the tsunami. I wanted to be retired. These meetings impacted my leisure time. Huge opportunity for someone

[@JamesFranklin-ud4ib]

Great answer! Love your channel Joe.

[@martybabitz9590]

Joe, I meant to say that your “basement bunker” looks great!

[@joekuhnlovesretirement]

Thanks. Great for kids growing up

[@DionTalkFinancialFreedom]

Awesome. Thank you

[@cato451]

I have yet to experience any downside

[@MiamiTabor]

1. I’m single. No wife, happy life. 2. I’m a better saver now and think a purchase through better now. 3. Control your spending. Pay everything off first. No debt. 4. Stock market should be “extra” money. It can go away. 5. Can’t wait to say “ retired”. I’ve never been a workaholic. Plenty of things to do but work gets in the way. 6. My job has been a great achievement and great fulfillment but I’m done with it. Been there, done that. 7. I love alone time. Time to think.

[@frankalexander5401]

My net worth is well into 8 figures. Zero debt. My gross income in 2023 was $700,000.00. I still work full time at 76. When I was in college, my friends and I were talking about “money.” The question was “how many stereo systems do I need to be happy???” The answer was one. So how much money do I really need to be happy??? The answer is not very much because I don’t buy shit just to buy shit.

[@genglandoh]

My dad and his wife where savers. After my dad died my step mom still does not spend money on herself but she does spend on her grand kids.

[@Peter-c8y4n]

Joe. What key retirement/diy investment books have you read that helped guide your decisions along the way? Also in terms of early retirement did you take advantage of the rule of 55. It doesn’t seem to be discussed much but appears to be an important factor in pre 59.5 yrs retirement related to access to 401K without penalty.

[@joekuhnlovesretirement]

No rule of 55. I used deferred compensation. I like Ken fisher book Debunkery.

[@jamesgerboc]

Losing your sense of purpose is huge, esp if you retire early. You also develop a feeling that the world is turning without you. Finally, so many i know get a divorce. After years of growing apart your best friend is now a stranger.

[@stever3206]

Hi Joe! New Subscriber. Did you perform a thorough comparative analysis of the top rated financial software tools before settling on Boldin (NR)? I’m finding many options and preparing to take the plunge. Thanks. Steve

[@joekuhnlovesretirement]

Yes. I have a video that compares

[@stever3206]

@ are you able to provide link or video Name for better / more accurate search ? Thanks

[@lorigagnon7443]

I also work in reliability and maintenance integrity, have you found it easy to find consulting work?

[@joekuhnlovesretirement]

Yes. Very easy. Just to obtrusive to my retirement ideal

[@rarelycares8416]

In month 7 of my retirement...56 now. The only downsides so far is I am not spending my money nearly fast enough, and I have no stress anymore. 🙃

[@sheilarae354]

I would like to retire early, but the reality is we have to work to age 65 to afford to live in retirement Still great information and sharing

[@joekuhnlovesretirement]

Look for my Saturday video. How to retire 4 years earlier

[@finned958]

Retiring at 54 or before 62 is not realistic for most people. You’re at a different timeline than most people. You’re still working even though you say you’re involved with non-profits and KZbin. When you retire so young, your retirement savings is of course still in stocks, which have an extra 2 cycles of growth until 65, the typical retirement age. So you’re still saving even though you’re “retired at 54”. You can’t access many retirement accounts until 59.5 years. It’s not even wise to take a distribution until beyond 65.

[@briandillard3809]

Went into the reserve after having average evals on active duty. AD said “you’re not good enough”. Made LTC in the reserve. No ego here. Do your job and you’ll get promoted to LTC in the reserve…seriously. I know I’m not good enough to be a LTC on AD.

[@nunuvyurbiz123]

Nice home theater

[@europana7]

No regrets here at 52

[@Staronqueen]

When I was asked by a bunch of strangers,while on a Mediterranean cruise, what I did for a living, my answer was “I am a trust fund baby” I gave that answer to avoid all the reducible responses I was receiving from others for not having to work. Well, my trust fund baby response did not go over very well either. These strangers, whom I had nothing in common with, became very annoyed that I was living off of someone else’s money. It was fun listening to these strangers trying to make me feel guilty for having a “make believe trust fund”😂

[@joekuhnlovesretirement]

That sounds like fun. I will use that

[@survivethrive2468]

thats funny as shit !!! lol

[@joeysocks5718]

The older I get, the more I like my dog and less people

[@fredwellman9238]

Perhaps you should have started with a definition of retirement. You are working with nonprofits and doing consulting. Many folks would consider that work and not being retired. The problem is that everyone's definition of retirement is different. So, what is retirement exactly? That would be an excellent video.

[@wisdomlab-db]

That’s a good point. I think Joe’s advice is so helpful because it tells you what you should prepare to do when moving into your next phase of life versus a traditional full-time singular job. He is clearly retired to a variety of things which has been inspiring to me

[@Dweeble233]

Retirement doesn't mean not working. It means doing what YOU want to do, when YOU want to do it. At least thats my definition.

[@diannepkegler8985]

I’m single!🎉

[@peteherrera1502]

There is no downside to retirement. start playing pickleball.

[@stevenj9970]

I reached full retirement age a while ago and I was planning on fully retiring in February but now with trump soon back in power and the uncertainty for Social Security Medicare and what he might do to pensions etc. I'm gonna keep working

[@RetirementbyDesign26]

Valid concern.

[@stevefrick2194]

Trump is not talking ssi or medicare from you, all left BS that scared people to vote left!! Live your best life my friend you will be fine. Work PT if you want

[@BruceDunkle-d2x]

I’m retiring in January and am also extremely worried about social security and Medicare under the incoming administration. I keep telling myself that it’s political suicide to mess with these programs and most politician’s primary focus, above all else, is getting re-elected. Maybe their desire for personal gain will keep us safe?

[@d.bishop1034]

Absolutely no way they'll cut benefits. Only thing they might do is raise the SS/Medicare taxes on workers/employers to keep it solvent and of course medicare premiums will increase with inflation. Don't make decisions based on fear of the unknown and don't listen to the media...they will ALWAYS tell you the sky is falling no matter who wins elections, but it never does.