8 Steps To Retirement

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Today Chad and I discuss 8 things we have done to help prepare us for retirement.

[@joyce52]

Been there, doing that. I am a planner and found myself in the midst of a divorce when I was 54, which complicated things more. I met with my Financial Advisor from my bank and she was a wonderful help to me. I was still working but had to get an apartment. It was not easy, but with my son already married, I did not have those expenses and I made it. I put myself on a strict budget, my cremation is paid for as well as my car, so I am doing OK. I do love vacationing, so that is all figured into my budget, I find that it is a necessity, to get away from your life "so to speak" and do something you enjoy. Like you two, I do not have much to give away when the end does come, because I have already taken care of that. I love going on cruises and I also love flying to Bermuda and getting a little apartment and staying for a couple of weeks. However, I always comment on those camping trips you and your family have and remember so well my son and I camping in a tent in a state campground and how much fun that was when he was younger. At 76, I am in need of a bit more comfort for sleeping. Just like you two. I am sorry to have made this so long, but this all hit home with me, and married or not, we all must have some sort of plan for our last years of life.

[@astridkjrbahlke8582]

I have watched your videos since I started university (started with Ruby and her family). My family is not rich, and I wanted to get a good education to be able to create a life where finances would not limit us in what we wanted to do. The university years were fairly lonesome, and I always curled up on the bed and watched your videos as a comfort, knowing and hoping that one day I would create my own family. I finished university a month ago, and am now going to be a lawyer at a top firm. When I watched this video I realised that finances is not all there is to it. I wanted to thank your family of being a prime example of what I would like to be when I get older. Thanks!

[@grandmaandgrandpagriffiths4715]

You are so kind, thank you for your comment it means a lot to me.

[@5thdimension625]

Good luck Astrid, I hope you can find a work/family balance. You’re young and will make it happen if that’s what you want. Congratulations on graduating Law School. No easy feat there

[@meer4335]

I love grandma and grandpa they give such peaceful and loving vibes

[@curly147]

I love you guys, my hubby and I have saved and planned all our lives. When we bought a car we started saving up for the next one. We put money away for every eventuality. We saved all year for Christmas, birthdays and other special occasions. If we couldn’t pay outright for it we didn’t have it. Happy retirement guys💗💗💗💗💗💗💗💗

[@MarilynLRead]

We have unknowingly done what you have suggested for our 68 years of marriage. There were times we thanked goodness we were prepared for major unseen expenses. Since retirement it has been uncomfortable at times to say “we just can’t go on a cruise, buy season tickets, buy a new car, etc “. Today we are so glad we have been disciplined! Loved your take on retirement which was basically ours. Love you both!

[@grandmaandgrandpagriffiths4715]

Congratulations on 68 years of marriage. That is wonderful! I think money is a big reason so many couples don’t make it. Thanks for your comment.

[@shellyplant78]

i love you guys im new to your channel i started watching you because of your kids as i watch and subscribed to all your kids channels and i love you all ive not been coping very good as of last year i was diagnosed with cancer i just wanted to thank you all and your kids for helping me through this nightmare love from Shelly in Worcestershire in England 💗💗💗💗

[@Cookingforacrowd]

Bob and I need to get settled and do these things. We are only a couple of years behind you!!! It’s so exciting to think about being in a place where we can finally go on our mission together!

[@lynnettelyon7978]

Getting along with your husband really helps too!!!

[@donnamyers839]

Thank you for this video. I was retired 5 months when my husband was diagnosed with terminal cancer. It really helped that we had followed most of these steps. We just missed the fun part. We had planned on traveling. Everyone needs to have a plan.

[@annelefevre9457]

Ye WISE olde’ grandpa and grandma! Thanks for the great advice! Best wishes!!!

[@ThisIsOurRetirement]

Really nice video about preparing for your retirement, we took early retirement 6 years ago and haven’t looked back , we sold our house and have rented an apartment and up till Covid did lots of travel , cruises, making fabulous memories for us both. Hope you both stay safe and well have a great week 🍷🌺🙂🇨🇦

[@grandmaandgrandpagriffiths4715]

Thank you! We are excited. We’re looking forward to making new memories. ✈️🛳🚲⛺️🚂

[@jacquelinebootman7004]

Hi jennifer and Chad from ENGLAND..my husband retired last Christmas and we held on to our savings for over 30years and so glad we did that we can enjoy our retirement now with state pensions and other pensions.. i think you have to be organised and disciplined and it pays off..thankyou for sharing yours xx👍⭐

[@janicesaylor373]

Delighted to hear you are continuing on Utube. You both have a wealth of life stories and joy to me. I am a few years away from retirement this is valuable info. Your values faith and family time the world needs to see how life can be lived to the fullest. Jen I would love to see more of your painting. I appreciate your open sharing and hearts. Your family kept me company during this unsettling time. Thank you! We love you ❤ you back.

[@angiebluvspink]

Best wishes to you and Chad as you travel down these last 6mos into your golden years! Can't wait to see where life takes you!

[@HeidisHereAndThere]

Last 6 mo's. ?? How old are they?? 😲

[@clbm562]

Golden Years? They're not really that golden.

[@ThePatriotWhip]

Loved number 8! That could so easily be overlooked. This was great advice, thank you.

[@cheleysmith8619]

In the beginning of the pandemic I really didn’t know what to do with my time at home. So I started going through my house of 40 years and getting rid of the things that I no longer need or use. I’ve also discovered that my family has enjoyed receiving things from me. I have found out that my daughters are more choosy when their things have to be decided as something to keep or some thing to donate. They are not wanting to clutter their homes! Some thing very freeing about this whole process!

[@darlenelamountain2831]

Great info! We retired a couple of years now and love it. We didn't want to be bored and like to take little mini trips and like our school district so my husband is a bus driver and I am a aide. It's 2 hrs a day and we get paid for 4, it's FUN and we still have summers and school vacations off!!

[@philippapay4352]

You are generous and wise to share your good sense with those who've not considered this. So many are not taught in school or at home how to think about money and planning.

[@MeShell2290]

What a great idea for a video! My dad is a retired teacher and he had a side hustle doing exam supervision at our local University. Pretty easy work that brought in some extra money a couple of times a year.

[@elizabethstone4022]

Thank you sooo much for this video!!!! Any more advice, keep giving!!! Our time is soon coming, Praise God !!!!

[@grandmaandgrandpagriffiths4715]

We are getting super excited!

[@MissyDcherrydaisypie25]

This is so helpful . We just turned 44 and are sending our oldest off to college next month . I haven’t thought about this til now . I am raising kids still so it’s been hard to imagine , I also got laid off and had the opportunity to go back to school and get my degree which I finish in December . Now I’m sitting here thinking of all this . This video was so helpful . Our youngest child is only going into 6th grade so it seems crazy to think of retirement .

[@joanharris8057]

Thank you for sharing your 8 steps to retirement. We have some in place but not all. I think the planning gives you some peace of mind for yourselves and also for your children. Buying your headstone and plots now is being kind to each other and your children. We still need to figure out a retirement budget. How much is Medicare and supplemental insurance going to cost? I like your plans to give your children and grandchildren things in your house while you are still in the land of the living. One of my winter projects is to put all our pictures in albums for our kids so they don’t have to sort pictures when we are gone. During the pandemic I made memory books for all us kids of Mom and Dad and close relatives. I started it because Mom with her dementia couldn’t remember her loved had passed away. I photocopied pictures and obituaries of our loved ones and Mom would often look at the pictures and read the obits. Thank you for such an informative video! You inspire us to better prepare for retirement!

[@emyredd6541]

You are very smart to take all these steps- my husband got very sick a few yrs before he was ready and I had to figure out a lot on my own since he lost his ability to speak.

[@grandmaandgrandpagriffiths4715]

Oh I am so sorry. I hope your both doing better now.

[@SleepyHollow1974]

Great advice to those about to enter retirement ! My husband and I both retired 5 years ago from NYS. He worked for the New York State Thruway authority as a supervisor. I worked as a registered nurse. The best thing we ever did was stay working for the state. After 34 years we both have our NYS pensions, IRAs, paid health and dental insurance by New York State, and our dream home in Florida. We kissed New York goodbye in 2018 and never looked back. We do go back up once or twice a year to see our families. We miss them and our friends but that’s all we miss about the NY life! . Welcome to the club you both are going to love your new “life!”

[@grandmaandgrandpagriffiths4715]

I think so too!

[@lifeonmyown6397]

We’ve been retired for 3 years now in our early 60’s and loving it👍❤️. The only thing I would suggest that we did not do was put aside a fund just for unexpected repairs. But, our income allows for that as a whole. Get ready, get set, RETIRE!!!👍🥰

[@amypletcher4411]

Great video Chad and Jennifer. My husband and I joined a couple financial classes through our church to learn about all this. We still are working on it.

[@mallorycookman5483]

I would read about your life!! You seem to have so much wisdom ❤️

[@luisaarora9487]

Love and respect to you both ❤️💕❤️💕 thank you both for your teachings ☺️

[@teresadoyle1396]

This is such a great video and important to see to remind people of. We are in the same place as you are. My husband is retiring the beginning of Jan also (I was a SAHM) so we are in the process of getting ALL medical things in order as well as our other details. We have known too many who didn’t quite make it to retirement or passed just after. We want to make life easier for our children now by preparing ourselves even though we plan to enjoy what retirement has to offer us. Either way we want to be ready but we plan to enjoy life in our next season of life for as long as possible! Stay well Grandma & Grandpa, you are not alone!😘

[@croccatcher]

When my step mom passed away 9 years ago, my dad brought a double plot. My mom has her head stone and right next door is my dad's it's blank for now. Since last year he has been in hospital 3vtimes, today marks the 4th, he put his will in order last year and arranged his funeral. Makes it easer for me and my sister, x

[@ruthmanor70]

My husband and I are both retired. When we paid off our house last year, we also set up a home equity line of credit for unexpected home repairs down the road. We know that our $8K heat pump may need to be replaced within the next couple of years and that's what we plan to use our home equity line of credit for as well as some other home repairs that we've been needing. We are socking away money for annual property taxes and insurance as well. So, I think we've planned for the unexpected in a little different way, but it works for us.

[@Mandums77]

Thank you for sharing this information! It’s helpful for all ages! 💜

[@grandmaandgrandpagriffiths4715]

Thank you.

[@mindyvanhorn3199]

Thank you, I too have had to learn about retirement later than I would have wanted, however I'm set up now and moving forward! Best wishes on your upcoming adventures!

[@carolynczachura138]

I am 45 years old. I had to quit working back in January. I moved back home 3 years ago. That was the best move. I was there to help my Mom with my Dad. He had Parkinson's for 3 years. Unfortunately he passed away March 11th. My parents started putting my money away since my baptism in 1975. Thank you for sharing your information. Love you and Chad. You guys are so informative.

[@duckyone20]

Such great advice. I hope you both enjoy your retirement to the maximum, you deserve it after all the work you've done.

[@beverlyhill6783]

O I needed this video - I’am alone and 58 pushing 59 years old - and have only started saving for retirement the last 6 years - I’am so behind - Wonder If I’ll ever get to retire - future is bleak - Like no hope - sometimes I feel like I’ll be at that job till die ! Well Thank You for the video - I sure need it

[@B-ch6uk]

We recently bought our headstone. Very surreal seeing your names engraved on one.

[@sandip.7968]

You are very wise to plan so well. Thanks you sincerely for sharing!

[@josieloveyou2624]

It may sound dumb but I think the schools should include some kind of course in math that teaches high school kids how to start prepping for retirement and saving and budgeting. I think it would help on keeping people out of debt. I started home schooling my daughter at 3 rd grade. Starting 7th grade this year and I’ve got some lessons on starting that. Learning how to budget. Last year I made up a daily chore chart check list. At the end of the week she gets $10. Right off the bat I make her put 10% in savings. I’ve found that when it’s her money she’s shopping with her decision are more wise. She’s second guessing if she really wants that pack of gum or do I really love that shirt enough to buy it?

[@grandmaandgrandpagriffiths4715]

I love that. I definitely think there should be teaching of finances in school. It could easily be incorporated into math, it’s real life problem solving.

[@leslievalenciano-lopez8887]

Wonderful video! Thank You for sharing.❤️

[@roxannesimpson5736]

You guys are just the sweetest couple. Your house looks very un-cluttered! Are you hiding something? Lol

[@mjmjmj50]

Great advice really enjoyed this video 🙂👍

[@michellecasas5651]

Thank you for sharing this important information I, likeyou, wish I would of known this at a younger age. Going to forward this to my kids.

[@puplover6265]

My husband and I have done a lot of the same things you mention here and hope to retire in 10 mos. We're buying a new car with cash at that time also. I just wish we had more in our investments, but we raised our kids on one income and it was so hard sometimes. One thing we're also doing is getting things around the house like new indoor blinds, some updated light fixtures, and any other items we want. Good tips you gave especially for younger people. Blessings.

[@debrapritts7978]

Interesting and helpful. Thank you and God Bless you both I. Your retirement. I’ll be keeping up with your vlogs😇👍🏻

[@frazzledmomof4824]

My husband will be 64 in September and I’m 52. My husband hasn’t had stable employment our whole married life except one job lasted 4 years. We have 2 soon to be 3 kids in college and one still at home. Thanks for the tips!

[@carmarasmussen8118]

My dad suffered a massive stroke 6 months after retiring from his blue collar job he had worked at for 40 years. He became paralyzed on his right side and was severely impaired mentally. This was in 2004 and miraculously, he is still living today although he has no quality of life. He and my mom didn't get to do any of the things they had planned. He now lives in a memory care facility and my mom lives alone. It is such a sad way to live for both of them. Enjoy the time while you've got it because you just never know...😔

[@tabathacurtis2040]

Great advice! Thank you for sharing. I’m going to talk to my husband about some of these tips! I hope that you both enjoy retirement ❤️

[@patriciabagnell3552]

I needed this 40 years ago! Retirement without $'s is rather grim.

[@ingletr]

Love this advice. We love the idea of you guys going on a mission. You are younger than when we went. Clark and I were both 67 when we retired and then we went on a mission here in our home, and then three years ago, we left for our 18 month mission, and came home and served another CSM. It is wonderful and you will love it. Can't wait for that new and those vlogs. I am wondering if you are thinking about selling and downsizing? You would get a ton of money for your beautiful home. What does Chad do for a living? Also, why do we never see Ruby go on vacations with you guys. You should of gone with her to Mexico haha

[@Kris4kiwi]

Great video thanks for sharing your tips! little reminders like this also help me stay on track as to why I’m saving

[@Famcke]

What a great couple you are. Thank you for sharing this wonderful information with us. Now for a new video idea... make one about your skincare and how you use it daily. Many blessings 💖

[@nancyosgood777]

I'm very happy that you will soon be retiring! I retired 4 years ago at age 59. We had our home paid off as well as all other debt. We both have a pension and collect our SS. We saved money in our 401K's and right now we are feeling pretty good about our finances. There is definitely an adjustment to be made when you are not working everyday. Don't be surprised if you feel anxious or maybe sorry at times that you retired. Just know that feeling that way is totally normal and it will subside and you will begin to wish you had retired years ago!!

[@gaildubas8651]

Thank you, so helpful

[@Drealenry]

I am blessed to be retired at a young age. All of your points on retirement are spot on! Always buy what you need within your means now, and save the rest for later! I was taught at a very young age to pay myself first. Having parents and grandparents that help investing into your future is always a plus!

[@sallylignitz3327]

Great points. We also did these steps and it makes for a smooth transition into retirement,

[@neishawilliams544]

I love this. Excellent advice .

[@dianafowler791]

Thank you both so much for all the tips.Such great advice.I wish my Husband and I had more of that way of life.Funds just never been there in that way for us.Anyways love you both and happy for all that you planned for yourselves .Stay healthy and best of luck to you both.🙏❤.

[@littlemissy1669]

Thanks for the video😊

[@grandmaandgrandpagriffiths4715]

You are welcome!

[@patticallihan8515]

Very interesting video. Thank you for sharing your ideas with us today. ❤️🙏🙏🙏

[@karennetherland2327]

You guys definitely got it together. Thanks for all your great tips. ❤️ I love the way you both decide things together. That is very rare in a relationship anymore. I think it's important to go into retirement mostly debt free if not completely. 🌹❤️

[@chrisgriffiths3629]

Good advice from one GRIFFITHS family to another ! What age can you retire in the USA ? Here in the UK it used to be 60 to get state pension and now its 67yrs and even if you have paid full contributions by 60 you have to keep paying till 67yrs but get no more . The 50yr old bracket in the UK have really lost out as we have lost 7 yrs of our pensions . We also have a pension portfolio and to add to this you tend use the bulk part of your pension when you first retire as you are still well enough to travel and as you get older you spend and need less . We also have drawn down where you can work part time and drawn the other earnings from your pension . Wills / power of attorney both medical and affairs need to be in place so if you are unlucky enough to get dementia in your old age a nominated family member acts in your best interests on your behalf . Funeral plans can be bought here and but when worked out you can end up paying more . We bought property to rent out which will greatly increase our pension . Have a lovely retirement you have worked hard for it xxx

[@michaelmercurio2312]

Such great advice. I've tried to be disciplined in everything you mentioned. Sure hope I'm ready!!

[@vslife8217]

We love you guys too. Thank you for your wisdom that you have given to me I will however write these steps down.

[@teresacelmins3681]

That is very important thank u for sharing.

[@patriciacleveland2588]

Has to be stock trading!!! It's been wonderful investing in stock after I met an expert from a reputable firm earlier this year... Retiring by next year with absolutely no fears!!

[@leslievalenciano-lopez8887]

Can you share the info of the person and firm. I’m looking to do the same but not sure how to go about it.

[@dr.karidouglas1312]

Thats really impressive. Have tried doing that on my own without luck for sometime now. Getting fed up by the day. Please how did you do it. Do reply thanks.

[@patriciacleveland2588]

@@leslievalenciano-lopez8887 I worked with "Sandra Yvonne Webster", she was in the news when she revived Manning and Napier. In all honesty, she's an Angel. You can look her up to get more on her!

[@khailaMac3769]

Jennifer Iam after buy one of the Griffith's family cookbook do you know when it's comes

[@tonyn3123]

This has already been said, but I agree some level of depression should be taken into account. I think all retirees will agree that retirement is a huge change in your life. I retired just at the start of the pandemic, and the depression from isolation has been tough. I went from working around a lot of wonderful people and visiting regularly with family and friends to being isolated. I recognized it for what it was and talked to my Dr. quickly.

[@mandybnz1]

My dad passed away 3 months ago....only 6 months into his retirement...he stopped work 6 months before his 72nd birthday...it makes me sad all his hard work wasn't enjoyed. What a blessing I now have, I can now afford to buy a house. Thank you dad.

[@grandmaandgrandpagriffiths4715]

This breaks my heart. I think that’s pretty sweet though…..Thanks Dad”

[@ανδρουλακωνστανταρα]

Love from Greece ♥️♥️♥️

[@jaynebuck5163]

We are eight months out! Can you believe that we’re here!? My husband continues to coach the young ones coming in to his field of work. If they all listen they will retire with Full Belly’s! We are so excited to start wandering the globe! We are in #7 also, everything is going or being sold. We are leaving country. Oh what an adventure this will be. Missions our are plan too.

[@grandmaandgrandpagriffiths4715]

🙌

[@elizabethstone4022]

May I ask your age?? I know you mentioned retiring by 60, so wondering if that age now or are you older ?? Thank you again for this advice. Wrote down everything you said!!!! We are good with no payments going out except for house mortgage, utilities and insurance. Not much left of that. So happy you talked about autos and waiting to purchase new when retiring, love that!! We are self employed and health insurance is KILLING us lol, so expensive. Trying to figure out how to do that before Medicare time, if we should retire earlier than 65. Thanks again!!!!!!

[@grandmaandgrandpagriffiths4715]

Chad will be 64 in December. Our goal was to retire by 60 but that’s ok. The insurance can be a killer. I think this topic is so fun! Thanks for commenting.

[@susansanders9332]

I really like the way you said pay yourself. Great advice

[@kathyh481]

Thank you !

[@lauralalone]

I would love to hear advice on how to choose a financial planner.

[@HeidisHereAndThere]

So they can take your money?? HA!! 😂😂

[@victormclat456]

Love you guys soo much!!

[@elizabethgrogan8553]

As a nonmormon, do you still have to pay tithing? If you are paying to go on missions, and have paid 10% of your salary throughout your working life, would the Church still require you to pay in retirement?

[@corinena3488]

Thank you so much ! I listened twice and really appreciate your vidéo 🤗 and I will listen some more times ! 🌞💟🙋‍♀️🍀

[@Chezak5777]

You should do some vlogs on your painting too :) I’d love to see it !

[@mohammadabdullaha5899]

grandma and grandpa griffith like your video

[@donush9139]

Thank You For Your Ideas. Will Pass the 401K on To My Daughter She Was offered it at Her New Job She Starts in a Couple of Weeks.

[@melissakoon2097]

We lost my husband mom a month ago I found a notebook of little stories of moms life trying to read that. We have been thinking about getting our headstone already hopefully the spot next to his parents is still available

[@grandmaandgrandpagriffiths4715]

Do it! I don’t know why but it was such a relief when we bought ours.

[@5thdimension625]

My husband is retiring as well in 6 months too. Will have to see who retires first. Lol.

[@ericfisher4817]

My favorite dessert strawberry rhubarb pie Grandma Helen Fisher

[@angelacooper5030]

I love you guys !

[@barbhambly3139]

great tips. you guys are smart people. we too have our home & vehicles paid for. we have our wills made. & the kids know what they are getting. we didn't want until the last minute. we both are self employed, which is hard to get out of right now. thx for the info.

[@KalynJewel]

Such a great video. We are on step raise a family and try to pay our house off early haha still have a ways to go in all the steps☺️ great video with great advice!

[@wendythomas4930]

What a great idea to give away your belongings while you are still alive! It's a lot for the children to take on when parents pass. Still dealing with that now.

[@deniseryan4146]

I love Dave Ramsey but one thing i don't agree with is his philosophy of saving for the kids college. Suze Orman suggests taking care of YOU. ....YOUR retirement,, etc. Your kids can get their own college education through scholarships, etc. Of course if you can afford to, by all means do it. But that advice made me feel better and not guilty about not providing my kids college money. At 62, Dave has taught me so much. We're debt freeeeee!

[@grandmaandgrandpagriffiths4715]

Congratulations🎉I agree 💯 on not paying for kids college. Our kids were on their own and they managed great.

[@wendythomas4930]

Excellent!

[@daniellefko2411]

You and your family has much time on your hands Chad is your husband Jen look after him. Eve is growing up so fast so beau is your son.

[@neishawilliams544]

Grandma Griffiths can you do a video or even write a book on how to raise ambitious and Godly children! You both have done an excellent job

[@ericfisher4817]

My favorite spaghetti sauce Sunday dinner Grandma Aremina

[@gr8fulgirl7]

I would also add that it’s not a good idea to pay for kids’ college if it will sacrifice your retirement. They are young and can rebound from the expense much easier.

[@jessss4280]

I have wondered this for years watching different members of your family. Do you guys have family in the Ohio/West Virginia area? I’m curious because my mom’s maiden name is Griffiths, and I live in the area where the Fenton Art Glass factory was located. I know your family loves Fenton and with the same last name I had to ask!!!

[@grandmaandgrandpagriffiths4715]

I don’t know any relatives there but I sure love Fenton glass. We are probably distant cousins though. Hi Cuz👋

[@amypletcher4411]

I have friends that have that same last name too. Either it is common or they maybe distant. I'm from Ohio too. Maybe they are the same person 🤔

[@jodymorris9590]

Do you know if you can do a will online, get it notarized, then just keep it in your lockbox?? Or do you need to get an attorney and have them keep it??

[@grandmaandgrandpagriffiths4715]

I think we can do one on line.

[@mindashort8412]

Do not keep will in lockbox. If you pass, family may not be able to access lockbox right away!

[@jodymorris9590]

@@mindashort8412 We are thinking about getting a fire proof lockbox to keep in our home with our important papers.

[@lovemyshipoo]

We have been retired 10 years...married 52. We did much of the same and always lived on a budget.

[@mackisbackbaby]

45 more years and I’m there 🥲

[@robynknight9041]

You guys are so adorable. I love your videos!

[@mitrasteropodcast]

You are the loveliest couple on earth. Kisses from Spain.

[@grandmaandgrandpagriffiths4715]

😘