60 Years Old and Nothing Saved for Retirement - Top 12 Recommendations

[@FinancialFastLane]

Free Resources || Visit Financial Fast Lane www.financialfastlane.com/

[@jeanettedavies8096]

Sounds so good!

[@marthadominguez7701]

I am not from the United States, what applies to me in this case?

[@FinancialFastLane]

@@marthadominguez7701 Everything except Social Security DRCs.

[@marthadominguez7701]

@@FinancialFastLane Thank you!!!

[@marthadominguez7701]

@@FinancialFastLane The strategy you used to capitalize and save money was very intelligent, but in my country most of the elderly live with their families. In case you have other strategies to make money, I would like that you share with me. Thanks!

[@EmiliaSmith-h8v]

People are facing a tough retirement. and it's even harder for workers to save due to low-paying jobs, inflation, and high rents. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire in.

[@Kattyol1]

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

[@FedrickWhite-jo2ed]

It's recommended to save at least 20% of your income in a 401k. 'Joseph Nick Cahill' taught me to estimate how much you should save based on your age and income. I've been with him for years now and his decades of experience in the markets translate to chunks of value in so many ways! he has upscaled my portfolio and even got me reading self help books haha

[@Churchillhump2268]

Impressive! How can I contact this advisor? My portfolio has underperformed, and I need guidance.

[@FedrickWhite-jo2ed]

Joseph Nick Cahill is his name. He is regarded as a genius in his area and works for Empower Financial Services. He's quite known in his field, look-him up.

[@Franky-j6e]

Thank you so much for the suggestion! I really needed it. I looked him up on Google and explored his website; he has an impressive background in investments. I've sent him an email, and I hope to hear back from him soon!

[@mamita1559]

I just stumbled to this video. I'm 59 and no retirement savings. I almost give up and thinking I have no more chance. But this one inspired me and open up my mind. Thank you so much

[@FinancialFastLane]

You can do it!

[@kensmom011]

Yes, agree 👍

[@pageandink]

0:46 you are not alone 1:55 Take inventory 3:20 know your numbers (budget) 4:10 complete a spending audit 4:44 keep more of your own money 5:25 Get creative 10:20 work longer (till older) 11:50 delay social security 12:45 improve health (to save medical costs) 13:15 have faith

[@jesusislord3321]

Thank you

[@Citizenoftheuniverse23]

Thank you. 🙏

[@KimmieSue.]

❤

[@normahamilton2985]

There may be no Social Security when one is ready.

[@klausroethel5961]

Thank you! It is not only your message but hole you bring it across that is so appealing

[@joycewright5386]

I grew up in the 60s in an extremely poor single parent family. As an adult I never wanted to continue the poverty cycle and as a result I have lived on a budget my entire life. I could never understand why people didn’t all live like this. Being debt free gives me so much peace of mind.

[@taxicamel]

WELL DONE. You in fact LEARNT on your own when you were young, what it was like to be poor AND DID SOMETHING ABOUT IT. MY upbringing was "middle class". Both parents worked all their lives and finished working, both in government jobs ...middle level desk jobs. I knew one friend who lived very similarly to you. We disconnected after high school. He was born to play the guitar and was "self-taught". Found out sadly that he passed away in 2008. I know nothing of his life .....however I cringe when I read articles about retirement and the "couple" are concerned with their combined disposable incomes ....with their "target" is $90K ...after tax ....and their will fall short when the wife retires. At that point, I have absolutely no sympathy or concern for their combined "well-being". When they are talking figures like this, I quickly summarize these are GREEDY people who don't care to live responsibly. I keep in mind that under "normal circumstances", both had parents with some kind of "estate", which may have been "shared" with siblings ....but still ....there is commonly "inheritances" ....and ask "what did they do with TWO inheritances. (It is possible that parents are still alive, but in my world, this is NOT normal) Here is the very sad story .....that I am not buying into at all: www.msn.com/en-ca/money/other/couple-one-with-an-indexed-pension-worry-their-income-will-come-up-short-when-wife-retires/ar-AA1nzpbm?ocid=msedgntp&pc=U531&cvid=d258e4f3944245bfabdd33d31c37d990&ei=70 .

[@bornfree1888]

different curcumstances maybe?

[@ananthmysore440]

Debt = Death

[@hernandezhernandez3764]

Traumatic childhood 😢

[@ananthmysore440]

@@hernandezhernandez3764 which was not his choice I suppose

[@waterheaterservices]

At 62 I am right on track to retire well at 102

[@rob_cd]

🤣🤣🤣

[@nanettematthews2264]

Right

[@gb8518]

#1 You are Not Alone. I'm on the same way

[@deborahjones9626]

🤣

[@joeboyd5349]

Dare to dream

[@dachu134]

This guy is a total classic, found by accident here. Reminds me very much of a number of my junior high and high school teachers, who back in the 70s and 80's were basically kindly but smart WW2 veterans; never seen without a neck-tie under any circumstances, drove lengthy Buicks or Oldsmobile sedans (Cadillacs were too ostentatious). They were never 'patriarchal', egotistical (or flamboyant), and you could rely on them without end. Almost all quietly professed some faith in a higher power. As I aged I began to mourn the loss of their generation (like Lane's father) as they began to disappear from public spaces and consciousness, but...here's a living example of that mid-century archetype, somehow extended. Refreshing. I'm going to subscribe!

[@CBBC435]

Yes! I like it. I miss it.

[@timetraveler5246]

I completely relate to what you said. I too mourn the loss of their generation which I so vividly remember from my childhood.

[@SeniorCircuitGroup]

Absolutely agree well done

[@joegattobestsalespractices]

@@SeniorCircuitGroup]

[@gordana2604]

I ja❤

[@Savannah-ed4rv]

You must be a very different financial planner. Most that I see online or in person want nothing to do with anyone with a net worth or investments less than $250,000. But people who have nothing need advice more than anyone! Thanks for your encouragement!

[@caroline_mzceo7696]

Great information. I will definitely follow you and just subscribed 😊.

[@Truthseeker0926]

Very simply put. Thank you 💕

[@grailing1]

Great video an discussion very informative. You earned a subscriber.

[@layadee2007]

Savanah! This is so true! Even the banks that you've banked with for 30+ years don't want to talk to you or at least take time to give you advice. This has happened to me. Life happens and everyone can't have $250,000 in the bank.

[@islandgirl5382]

He is definitely a 'rarity'!

[@PaulinaGuzman-fv1gq]

I am 68, no retirement plan, but I am still working and have good health. I am about to graduate from college soon, I guess not everything is bad . Your videos are so inspiring it helps me to see light in the tunnel. Thank you

[@FinancialFastLane]

Congratulations on your upcoming college graduation! That is so awesome!

[@bettyendsley8720]

Just don't get sick

[@Cyber_Diva]

Congratulations!❤

[@susanwoods3507]

@butchnoneed4883 I don't think your are in the " senior" category yet or you would understand!

[@bensonip1403]

what is your major?

[@brigittebeltran6701]

Just found you. At 70 I had NOTHING...been working all my life. Having a degree, went back to work...and now, at 75, can retire with $2,000 a month. Not great, but my faith and good health keeps me going. Thank you so much for these excellent truths!

[@eveynj1881]

How do you get $2000 a month

[@tomstickney5500]

@@eveynj1881 work

[@brigittebeltran6701]

@@eveynj1881 I worked hard from age 70 to 75 as a teacher....$700 a month retirement, plus my $1,300 social security. Many friends want me to move in but if something were to happen, their children would give me walking papers. Luckily my 2016 SUV was paid off...You see, at 60 I went back to college...I knew I couldn't do office work forever...they want young, fresh, pretty faces. But even being a teachers Aide, you can save. I looked ahead when I was 60. Wish I had done so earlier.

[@streetsofgold4310]

@@brigittebeltran6701 Your comment is so encouraging to me! I'm furthering my education at a later age, also. I plan to do something similar as you did, but my going back to school is in the Healthcare field.

[@brigittebeltran6701]

@@streetsofgold4310 So elated to hear that!!! Yes, it's NEVER TOO late, and God is the Center of my life....Without Him we are nothing. I also worked weekends in a psych clinic as a behavioral tech. Make sure you squeeze in some psych courses, then you will qualify for that as well. God bless! 🙏❤🙏

[@jensenr.7338]

I'm currently putting in every single minute towards my retirement, made some not so proud money decisions in my earlier years and I hope to redeem myself before retirement, the goal is $2millions by the time I turn 60

[@RetiredandLivingthedream]

You need much less than $2 million but go for it Aim high.

[@jamesw7072]

2 million will be like a hundred grand in a few years. We are the next Venezuela and Zimbabwe

[@patriciamcnamara9821]

Live your life NOW retirement is too late to start doing so. As we say in Ireland, someone will bury you because you can't stay above ground to stink. Getting older needs replace wants. You can enjoy great contentment in retirement BUT LIVE NOW

[@kimkad7485]

😢😢😢❤😮😢😮1😢😊

[@TrideepBanerjee-x9i]

I am from India,. No house, had a child 12 year old I am retired. Living on rent what should I do?

[@sojenbur9122]

If you are over sixty and in good health there is nothing to worry about.You can start a small business and earn quite a lot.I am 62 and finances are not my problem.Keeping good health is my first priority.With good health you can still earn.Owning your home is also a plus.

[@birdlover7776]

Oh okay! Just start a business… right…

[@mashudumakananise9695]

Thanks so much for the information

[@jeffmclean9411]

​@@birdlover7776you can do whatever you want. Believe in yourself

[@itgetter9]

The thing I most appreciated, beyond the good advice, was the calm tone. Don't panic, folks, and don't get distracted or caught up in blame: just slow and steady, eyes on the prize.

[@kendallevans4079]

Agree! There are many "fear monger" advisors on YT, some even declaring if don't have 4-5 million in a saving account you're doomed! Not so!

[@stevenhull5025]

Im 69 and retired with a small pension. I own my home outright. I am blessed to be in that position. I use one room at night with the light on and wear thick sweaters to keep warm. I am presently digging up my back garden's lawn and laying out a vegetable/ fruit growing area. I have ordered chicken wire to raise chickens and have an egg supply. Benefits = healthy veg, eggs, fruit and exercise.

[@FinancialFastLane]

Good work! You may appriciate this new video on excecise and health kzbin.info/www/bejne/nKawZWuPeLpmjas

[@tngerman]

you never own your home sir … try not paying property tax and see who rightfully owns it

[@jerrymoore838]

Excellent!

[@Immimi-r7x]

Sounds heavenly

[@sharonfurey4019]

​@@tngermanunless he decides to sell the house and claim a small fortune.

[@daviddolan3075]

I lost everything trying for 15yrs to get my son off drugs, sadly I ran out of options and he is still on drugs. To parents with children on drugs I truly feel for you, stay strong and God bless. I followed the tough love route to late. Great video thank you.

[@FinancialFastLane]

Thank you for sharing!

[@trumpsucks2666]

Drug addicts can't be helped, they have to help themselves, I know this, otherwise, it eventually solves itself

[@CharlieArehart1]

A lesson I've learned to accept: we can't be responsible for people who are irresponsible.

[@wendyjohnson4220]

I don't believe your efforts help your child was in vain. You did what most loving parent would do. Don't blame yourself for his decision. You will be blessed.

[@ruthmilarudolfina933]

You will be blessed. Don't give up on your son

[@JennaHerberholz]

I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. I invest in the market, but never put all my money in market.

[@biankabrodeur01]

The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@Lanafromarcher]

Speaking from personal experience, I would say engage professional guidance. Not sure where you get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.

[@SlParkerlee]

@@Lanafromarcher Mind if I ask you recommend this particular professional you use their service? i need all the guidance I can get.

[@Emily-le2op]

Do you mind suggesting the professional you use for their services? I could really use all the guidance I can get.

[@Lanafromarcher]

My advisor is a lady and goes by the name Melissa Jean Taligdan I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@traceyobrien8410]

Sixty years old here. Never married. No dependents. I literally ran across this video about ten minutes ago, and I do not believe it was "by accident." Nothing saved for retirement, and I do not ever see myself doing that in the near future. I will not go into the gory details, but suffice it to say this information and instruction is quite timely for me. I am presently unemployed but actively seeking employment. As a result of watching this video, I am now empowered to begin taking my baby steps for making the necessary changes. Your story about thinking outside the box is also an inspiration to me and provides much food for thought. Thank you for sharing this video. I sincerely hope to be able to catch more.

[@e.t.preppin7084]

I’m almost 60 and surprised the algorithms put this video in front of my face. I haven’t been searching anything of the like. I’m in the same boat except I have a grown son with family. Good luck to you and your journey to peacefully continue your life. It’s quite scary especially with everything going on today. 😉

[@rdbeaz]

Move to the Philippines

[@ricnyc2759]

Good luck, Tracey!

[@zoomdz7094]

Good luck !

[@jackieball6450]

If you are still job hunting, please consider the resources of AARP. Also sign up with the unemployment office for job leads. Good luck.

[@graceliamoore883]

I’m a widow. I really up my getting my finances in order when my husband started having health problems. I always saved but I knew it was more important because of his health since he was the main breadwinner. So, I paid off everything by sacrificing so I could live well later. And it worked. I looked at financial video, TV programs, read books and attended seminars, remodeled the kitchen to make our lives a pleasing as possible in his last days on a modest income. So, as he said “ it’s not about how much you make but how much you save”. YOU CAN DO IT! Thank you Sir.

[@FinancialFastLane]

Thank you for your comment! I really appricate it!!

[@maryperrysmith5815]

Very inspirational. Thank you for posting

[@jovitaevangelista9179]

Sir thank you so much for giving us an amazing tips to follow. looking forward for more advices. Take care and stay healthy. God bless.

[@pamwilliams6630]

My hubby is 67 and I'm 68. I'm doing this now, paying everything off, we only have our mortgage left. We didn't buy a house until we returned from missionary field, so we are sorta starting late. But love the life we led, but now its time to concentrate on each other and our health. Wish I had known what I know now about finances when I was in my 30's, but hindsight is 20/20:)

[@JackieOdonnel]

My heart is so full, seeing your little family helping out the 90-year-old elderly man who loved kids. What a perfect scenario for everyone involved! And a fabulous way to think outside the box.

[@maheshkasbekar]

Summary 1: You are not alone 2: Take inventory of your situation 3: Know your numbers 4: complete 30 days spending audit 5: Keep more of your own money 6: Get creative and think out of the box 7: Plan to work longer 8: Delay social security and earn DRC 9: Improve your physical and mental health 10: Have faith 11: Never stop learning 12: Don't overlook HECM strategy

[@johnthonig8832]

I agree on 11 of 12 Took SS at 62 Invested it If I waited until 66, I would have to live until 84 years old.

[@site_is_down]

Everything is on point. Nevertheless, it's never too late to start preparing for your retirement, and you can always adjust your lifestyle to fit on your desired goal in the near future. Thank you for this summary 😊

[@alisonkantarama8117]

Thanks for the summary I was looking out for someone who would volunteer to list out the summary. Blessing

[@humankind1468]

@62guitarguy also called Reverse Mortage

[@Constitution1789]

Thank you. Saved me 17 minutes.

[@jamesmaduabuchi6100]

Retirement is wonderful if you have two essentials - much to live on and much to live for. Invest wisely and get good returns.

[@andrewmamikins693]

thank you, can you give a pointer the best investment now ? i am thinking of getting stocks or cryto

[@jamesmaduabuchi6100]

The key to making money in stocks is not to get scared out of them. An important key to investing is to remember that stocks are not lottery tickets. Get an financial assistant

[@brendawright8161]

That is so true!!!

[@sandrabentley8111]

Health is wealth!

[@user-pk6ww7yv5q]

#13. Consider retiring in a country outside USA. A 700 dollars (sometimes less) retirement check may cover all your monthly expenses in another country.

[@dawncumberbatch7062]

Try Mexico

[@brick_housedee6711]

Exactly

[@colleenbaptiste98]

So true

[@user-pk6ww7yv5q]

Mexico, Costa Rica, Panama, Portugal, Dominican Republic, Thailand...

[@Kim-ru9yz]

What countries are good for retirement?

[@vickiebennett4739]

Y'all pray for me ,I don't have a husband, no children, no car or house and not a lot saved up for retirement, really I'm in God's hands.

[@benicio1967]

Just know you’re not alone.

[@anonnymous4684]

I also don't have a house, car, partner, children so can relate. But that made me realise that the only person I could rely on is myself, which forced me to take action a couple of years ago and I've already seen positive results. If you haven't already, open an investment savings account with a financial services company like Vanguard. There's loads of videos on KZbin about investing in index funds to help you get started. Also, lots of discussion on these topics on Reddit forums. It can feel daunting at first but it's really worth learning about this stuff as it can be a good way of being able to maximise whatever income and savings you do have.

[@dianecaldwell6840]

God got you! All things are possible with God 🙏 stay hopeful

[@carolakrong1295]

My eyes glowed when you said " have faith in God." Thank you.

[@Ddrews-nf4gq]

That's been my backbone and my biggest motivation. A Positive mindset and a strong belief in God

[@mmmnope7999]

If you dont belive in dieties this translates to: "Good luck!" 😂

[@katbunn957]

​@@mmmnope7999EVERYONE believes in a 'diety', even if it is Self-- But belief in the Creator of the universe is the One to believe in !! 😊❤

[@AndyOnMactan]

@@katbunn957 I believed until DNA came back and found I was paying child support for another man's child

[@ProphetessLalla-RookhSky]

I have not even watched the video yet, I normally read the comments before I finish ANY VIDEO. I Cannot do anything without God. AMEN ✝️🌹✝️

[@todddunn945]

A couple of things to consider. 1) Make a well founded estimate of base expenses in retirement, where base expenses is the cost of housing, food, required transportation, medical costs and things such as clothing. 2) Estimate retirement income at your planned retirement age. 3) Compare (1) and (2). Base further decisions on the result. It may be that you don't actually need significant savings, particularly if you have a pension. You can live a very comfortable life on much less than what "conventional wisdom" suggests. The core requirement to achieve that situation is to NOT have debt of any kind in retirement.

[@peacewalker7675]

Absolutely !

[@janetmccoy7945]

@@chronicreaderDo you have enough money to travel?

[@MarieHolliday]

It's critical to not enter retirement with debt such as mortgage, car note, school loans, personal loans or credit cards, only have basic bills, and try to be in the best health you can, don't create new debt, down size and live a minimalist lifestyle is key, and create a way to earn passive income

[@sandrabentley8111]

​@@MarieHollidaywell cars only last so long!

[@kevinreist7718]

Recommendation #13, Consider retiring overseas. Most countries have a much lower cost of living than the good ole U.S.A. There are also countries like Malaysia and Belize where English is a National language and you could retire on your social security alone and still have some money left over at the end of the month. Worth considering as an option.

[@roddy6667]

If you like the Florida climate but not the expense, try Thailand or Malaysia. They welcome Americans with a modest retirement. They are peaceful countries where a healthy life is very inexpensive.

[@Ddrews-nf4gq]

Now this is thinking outside the box! A great idea that I've been looking into myself because you need so much less living overseas than the US. I'm gonna keep researching until I find my new genesis overseas

[@evinwhiteson4902]

​@@Ddrews-nf4gq Thailand is where I live. 20 years now on 1,000.00 a month. Thailand has everything to fit any budget. Food is very tasty and made from scratch everywhere. 3.00 a meal is average. I find that most people in tourism locations speak English. My monthly laundry costs 7.00. 1 month unlimited 4g internet. 7.00 a month Rent 2 bedroom 2 bath villa in phuket 400.00. New motorbike off the showroom floor 2,000.00 Medical care in the excellent state hospitals 100 times cheaper than usa. Flights to from usa cheaper than anywhere in Asia. Usually 1,000 round trip

[@Ddrews-nf4gq]

@@evinwhiteson4902 Very good info! Thanks time to research Thailand

[@patdavis4327]

Yes. I’m going back to my home land in Asia.

[@SL-fu7sh]

70 is too late to retire! I’m 59 and ready to retire now but don’t have enough saved to retire. Waiting to retire at 70 would be ideal but I’m tired now!

[@hildamiller-3816]

This is for my husband. He is retired as 60. We have paid off house,with sizable savings and $3000 monthly income and no debt.

[@pippipster6767]

So therefore it isn’t.

[@patrickenck9541]

THANK YOU, LANE. AT 80 YRS OLD I HAVE FIFTEEN GOOD , HEALTHY YEARS LEFT WITH A GOOD RETIREMENT AND NO EXPENSES. . YOU ARE A PRETTY SMART FELLOW AND BLESSED I AM SURE. AND WILL HAVE A HIGH PLACE IN HEAVEN. KEEP UP THE GOOD WORK GOD IS DIRECTING FOR YOU . !!

[@marthamm3948]

I just landed on this channel by chance. My life story is a topic of another day. Lost a lot that I ended up in a financial mess. I used to wonder if I maybe the only one to start late saving and investing.This video has just revived me. What stood out for me is the “Faith “ one. Thank you 🙏🏾

[@Angela-ju2mk]

Me too! I am almost 61 and have little saved. Had to use retirement to support myself and son after divorce. Have not restored. Was set to be a millionaire by this age. Now starting over. Taxes swallowed up half of my money.

[@IngoKociper]

Overall, 60% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025.

[@DereksJosephs]

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

[@ShellyHuerta]

@@DereksJosephs 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 and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

[@IngoKociper]

@@ShellyHuerta How can one find a verifiable financial planner? I would not mind looking up the professional who helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@ShellyHuerta]

@@IngoKociper MARGARET MOLLI ALVEY is a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and is a valuable resource for individuals seeking guidance in navigating the financial market.

[@IngoKociper]

@@ShellyHuerta Thank you for this tip. it was easy to find your coach. She seems proficient considering her résumé.

[@roeskilove5292]

I’m retired and not financially well off. I’m in great health and spiritually grounded in truth. Since I don’t have allot of finances to juggle, I just simply pay my bills and enjoy the what’s left. I have friends who have 3x my income and are spending it on newer model cars and vacations, but never seem to be happy and satisfied. They always talk about their next upcoming adventure. The cost is always part of the picture and disguised in the smiles. I’ve found that it’s their happiness and not mine. I’m content going to the local park and museum and free jazz concert. Even driving out of state for a weekend jaunt just because. Equating retirement money and joy and happiness all in one is chaotic. Retirement is this- God, more God and then some more God and then some Joy and then some more Joy and then some Peace and then some more Peace and then some Rest. Money is not part of the equation. It’s a mere tool to be used to make carnal life more comfortable. Godspeed!

[@FinancialFastLane]

Great comment! Thank you!!

[@phinehoshi]

I couldn't agree more. I have God, Joy , Peace and Money . Money is just a bonus cuz I didn't expect it . Thanks be to God. I'm 63 . Retired last year.

[@anitasimeon9000]

Well said roe

[@artperalta1610]

0l

[@aimee-lynndonovan6077]

It doesn’t need to be carnal! Yikes! But glad you live with moderation.

[@ortizmusic7115]

I enjoyed your advice and it hit home, I'm 50 years old and wasted half of it in a world of addiction, finally I got a hold of my life and got clean, I always worked but as fast as the money came it went, once I got clean my mind changed and began to save, I saved up to 10grand and focused on my health, luckily I didn't do to much damage to my self but my mind is on my health now, I believe health is wealth, I consolidated my money going out, I rent a room cause I'm only there to sleep and bought a scooter to save on transit, I found that fasting makes you healthy and spend less in food. Anyways I'm trying to figure out now how to plan for my retirement and live stress free, my only regret is wasting 20 years doing nothing and spending everything.

[@FinancialFastLane]

Thank you for sharing your story and congratulations on your amazing progress! Sounds like you have beaten the odds! Keep it up!

[@williamlukwago3842]

I thank God that, at least, you are back on track and moving on positively

[@charlenelee8178]

God bless you 🙏my brother!

[@silviamendoza3301]

Don't duel on that my friend, the past is done and over with. You are in control now, Just think how much your life has improved, keep on going. Look for good friends, hobbies or physical activities you like.

[@xxgamerxxilean8738]

It is never too late! Well done!

[@pls5201]

I retired 2-1/2 years ago at 65, am healthy, have a nest egg and no debt due to choices I had the privilege to be able make. Regardless of how much we have or lack your advice is great, including about health, spiritual life, lifelong learning and the value of ourselves as an asset. Thanks for these 12 points.

[@sabga7669]

Hello.. am about to turn 50. Can you help me get a job in Canada?

[@gailrobey4316]

I am new to this channel. I have to admit, not having a lot saved for retirement in my 60s has felt like a "shameful" secret. So glad to know I'm not the only one...! I like the idea of thinking outside the box. I'm familiar with most of these suggestions but appreciate the reminders. Thank you so much.

[@Kittiesinclair5]

IMo the majority of regular people dont have enough retirement funds. So you arent the minority at all.

[@nekovero93]

63 & ashamed as well. Luckily I have a husband now but anything can happen.

[@tinat5484]

Listen up - you need to tell your kids to contribute to their company 401k at the maximum allowable level (19k), get the company match (free money) then invest AGGRESSIVELY ie s&p 500 index then not look at it for 30 years. I did that and I have $2million without really sacrificing much as this is all based on pretax dollars.

[@y.d.1298]

I wish I would have known this. I would like to add... avoid naysayers. This made it difficult to know who was "right". Good for you!@

[@Innsidelyfe]

What if the job is not stable.

[@pubwvj]

I did the caretaker route in college. Worked wonderfully. 96 year old woman. Her daughter came on weekends to spell me. I was there evenings, cooked dinner and breakfast, did shopping and in turn had free room and board. This kept my college costs low enough that I was able to pay for college with out loans.

[@tryshasmith306]

Lane, your advice is absolutely true. As a 65-year-old woman who has just applied for Medicare, I have enough life experience now to know that all 12 of the things you pointed out are right on target. Thank you for your honesty.

[@ThompsonSmith-dd2lo]

Hello trysha How are you doing today?

[@jesusmagallon8314]

I worked hard, saved and invested money well, and did not overspend. I am now dept free, healthy, and living the DREAM.

[@cocoabrown6377]

No you didn’t 😂

[@trinhcongdieuhuongtran4545]

I volunteered for the elderly organization during my teen. I was able to learn many things from them: "It doesn't matter how much money you have. When you leave this life. You can't bring anything with you. It's best to be happy and healthy in each day of your life." one wealthy female said.

[@davidwright873]

My father said that you don't need as much money to retire on as society leads you to believe. But then again, you can't go into retirement owing money either. That's just poor planning.

[@DLC56]

That is something most videos do not mention which a major factor ( in my opinion) for retirement… be DEBT FREE ( no mortgage, no car payment, no credit card debt). Only have essential monthly living expenses and necessary insurance

[@frankuvlkan]

Hi trinh I hope my comment didn't sound as a form of privacy invasion your comment tells of a wonderful woman with a beautiful heart which led me to comment I don't normally write in the comment section but I think you deserve this compliment. If you don’t mind can we be friends? Thanks God bless you….🌹🌹

[@JuliusBall]

Have been into a bad relationship. My ex-hurt and cheated on me a lot, that's why am on net to give it a try.

[@frankuvlkan]

@@JuliusBall smile 😊 my guy

[@Bizzy-Bumble1131]

This is such a great video. I turn 52 this month and spent the first part of my life taking care of everyone else. One day I got laid-off and found myself alone with no one to help me. I lost everything within a year of being laid off. finding a job was very difficult so did odd jobs. Since then I've been trying to get my life back together. It's been more difficult starting over but I'm not giving up. I've started a new business, made a lot of mistakes but now I'm getting on the right path. I came across this video and found it very helpful. I'll be tuning into more of your videos. Thank you sharing 🙏🏼

[@magdelinalee2101]

I like your story.very helpful for oders. Kip doing you will be on a top of the mountain. Good luck 🙏

[@tammi67able]

God bless you And congratulations

[@juanitadelabajan4352]

I was amazed your story too I was also 52 and I plan to go freelancing but may budget not yet ready because as of now iam taking care of my mother a 89 years old and she is suffering an alzheimer disease

[@xxgamerxxilean8738]

You are never alone! God is always 🙏 beside 🙏 us! Well done 👏!

[@xxgamerxxilean8738]

@@juanitadelabajan4352 Dear Juanita, to take care of your mother it's a blessing in itself ! Daughter's are God gifts 🎁, angels 😇 in disguise 🥰😇💝💯👩‍👧. So proud 👏 of you ❤! Means a lot ❤, honestly! You are a star daughter ✨.

[@Msterri4u]

I like your 10th advice to have faith in God. I waived my rights to my ex husband’s retirement which I regret now. I’m 62 and can’t afford to retire while he retired at age 59. I’m still working and praying that I don’t have to continue working much longer. 🙏🏽

[@BastetNoodles]

I too waived all rights to my ex husband's retirement (and annuity) ~ because it wasn't MY money to claim! My current financial situation is on ME ~ why should he have had to subsidize it? My choices = my consequences.

[@fyrish100]

Lucky ex husband

[@Pault3788]

1200.00 a month,Every cent goes towards utilities,gasoline,groceries,mostly rice and eggs,nothing extra like clothes or anything else. Mid sixties. Save what??

[@elizabethchiron6313]

Welcome to the reality of probably 70% of us

[@johnallred5046]

Change the life style would help you

[@Pault3788]

@johnallred5046 change what?

[@annabe2549]

if legumes are cheap in your country you can safe a bit on groceries by substituting meat with them and checking if you have any subscriptions you can cancel. Not a lot but better than nothing.

[@undergrace1808]

Eggs are very expensive, and full of cholesterol and unclean protein, eat clean, beans, legumes, and tofu. Lot Cheaper.

[@rameshsharma1398]

Thanks for inspirational suggestions. I am 60, just resigned a private job as sales manager. No own property, saving- corona lockdowns effect. Now launching start up in similar Field. No retirement plan till 80 plus. I attempt to be nearly fit - physically, mentality, socially. Learning new skills. I have so much belief in me that my income in next 10 years will be higher than what total I earned till now. Preparing myself to meet upcoming challenges to accomplish that income and property goal. And make regular contribution to needy relations and society. Thank U GOD for being with me always.

[@behan8324]

Of all the fluff, harmful nonsense, and so-called 'financial advice' that is on KZbin, once in a while I come across such a gem that adds a ton of value to what I know and teaches me what I don't know. Keep up the good work!

[@bellebb8673]

Your suggestion about co-living arrangements makes so much sense, and not just from a financial standpoint. My mother's family is from North Carolina, were all descendants of the Scottish diaspora of the mid-1700s, and had lived in the same area of NC for 250+ years. As a result, I had about 300 relatives of one degree or other living in the same town. EVERYONE shared housing from time to time; elderly parents with kids, unmarried adult siblings with families of their brothers and sisters, young adults just getting started with parents, widowed siblings and cousins. I don't live there now, and the family is more dispersed. But I have always said, if I am widowed in the future, I am going to invite one of my fellow widowed friends to live with me, for a modest below market rent. I think it would be a help to us both. It's not so good for folks to live alone, IMO, and if it also helps financially, why not?

[@FinancialFastLane]

Great comment, thank you for sharing!

[@janeleslie4192]

Such a great comment. I lived outside the us for several years and families there lived together. Always had childcare for free right in their house. They found it strange that we kick our kids out after a certain age. If COVID taught me anything it’s not fun to live alone.

[@visionsmagazineonlin]

😊😊😊😊 6:28 7:56 7:59 😊😊😊

[@glawtonmoore]

I think the company alone is smart, even if your doing ok financially! Pick wisely, family that don’t share the same respect values can be a nightmare!

[@lassfaeedin]

❤ Sounds wonderful!

[@susannicky]

The BIGGEST LIE You've Been Told About Money is that it doesn't grow on TREES!! 😆

[@ibrahimaisaadan]

I agree with you!! Money actually grow on trees but only on trees that was planted by you!! These tress are referred to as investments. How you diversify your investment portfolio matters

[@bahijarhafiri]

Diversification is the key. My portfolio is well diversified with the help of a financial adviser. This helps me make more than +400% monthly on my investments.

[@BaffySchenck]

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

[@bahijarhafiri]

I've experimented with a few over the past years, but I've stuck with ‘’Julianne Iwersen Niemann” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@JIN-u6t3t]

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.

[@luisaacevedo5783]

This video has definitely helped me with what I have started doing. I do have a decent income employment and have started the saving after many years of blowing money. I'm 65 and don't have anything saved up for retirement. I thank God that he provides me with good health which I only get because of His infinite grace and love. I want to read the suggested books to further understand my situation and what I should do moving forward.

[@hazell1593]

I'm 53 and an RN. I cannot even imagine working past the age of 60!!! I think I will not make it to 65 if I continue to work past 60 under these crazy post-covid conditions!!! I have to plan to retire at 60 for my health!!!

[@holdenmcgroin9774]

I need cpr

[@Found4655]

I am right there with you!! Nurse also and will retire from nursing in 1 1/2 years! Can’t wait.

[@deanshuler8910]

As a driver same age feel same. Body isnt going to make it. Thank you all nurses

[@SueB08]

RN’s are in high demand with health plans as Case Managers, and managers, no member contact

[@hazell1593]

@@SueB08 Thanks. Yes, I am thinking about those options.

[@howellwong11]

All good advice. I planned my retirement all by myself since I am a rational thinker,so I'm good. I'm 89 years old and comfortably retired for 21 years. Math would tell you that I retired at 68 years old, a little late but I needed to have a retired income that was equal to 80% of my take home pay. Besides, I enjoyed my work.

[@travelseatsyellowlab]

Amazing you've put yourself in a comfortable position.

[@sct4040]

Excellent.

[@davidthomas3386]

You are a genius if you retired at 68 and comfortable with your retirement. That is a blessing.What is/your method?

[@howellwong11]

@@davidthomas3386 First, your take home pay must be enough to pay for your expenses. Have a budget to track your expenses. When your calculated retirement income is equal to 80% of your take home pay, you are ready for retirement. In retirement take care of your health so you can take full advantage of the contribution made by your employer and SS by living longer. The devil is in the detail.

[@davidthomas3386]

@@howellwong11 Ok. Agreed. Thinking about filing for social security early. Just thinking about it.

[@durimohammed5282]

I am 62, expat working in one of the Gulf Arab countries, dismissed from my job after working 28 years without pension . Just given three months salary as an end of service payment. I have to pay for kids school and daily expenses. Always stressed , my mind doesnt seem ro work properly. I found your channel by accident and it helped me a lot. I am now working part time and life is going.

[@tngerman]

not a lot of jobs pay pensions anymore

[@firefeethok_tui2355]

Sounds like they screwed you, age discrimination. That’s a federal lawsuit. 28 years of a comedy and then suddenly right before you’re ready to retire no pension? That was a money, saving decision. I hope you got a lawyer to check that one out.

[@Afiilip]

Love your advice, my husband is 30 and i will be turning 34 in 5 months and currently pregnant and on my last week of trimester. Just last week i was terminated from my job because my former boss did not want to pay for my maternity leave. Long story short, i made a complaint and she paid me more than what i was suppose to get. Now i am just waiting for my baby to come out so i can start my little business that i have been doing even when i was employed. We live in Abu Dhabi and chances of getting a small business here is very possible with God's help. Thankful for my husband who is also a hard working and is supporting my dream. And he is also ok when i track our expenses and do budgeting. We are so determined to save for our child's future and to save for retirement as well. This video really helps. Thank you!

[@prittymissy1532]

Wonderful you fought and got more paid more than you expected.i live in dubai and I have heard of people facing such problems before.yoyr story give me hope.thanks for sharing

[@scrappyquilter102]

70, Canadian, keto, working out 4 times a week and still working full time. Life has had some setbacks and it is not always straightforward to hold onto those savings. Anyway, I like your presentation style and most of it is relevant and helpful up here too. Thank you. I have subscribed. Your toughest recommendation for me is #10; well, I guess I have some faith in myself. All the rest are great and I am doing it and also enjoying life. (It is actually nice to finally be "the old girl at work who knows everything"!) I have goals and I am a determined soul!

[@roberti8116]

"keto" LOL

[@lauriekline8655]

You had me at your Ella Wheeler Wilcox quote she is one of my favorite poets! My favorite quote is “life isn’t about finding yourself it is about creating yourself”.

[@phillatella6470]

1. Get a job 2. Get a job 3. Get a job 4-12. Get a job 13. Spend Nothing, Live with your mother

[@jc4evur661]

14. Do everything you can to help Mom live to be 150.

[@LadyChelleish]

Rent from mom 😂

[@zagorje123]

😂 15. Attempt to rob a bank and the police must arrest you and spend the rest of your life in prison.

[@stevek343]

LOL 😆 🤣

[@dynamic75]

14. Stop posting stupid answers.

[@hermanrogers1325]

After living pay check to pay check for so many years I finally reach my retirement age 66 and debt free no mortgage house is payed off and no credit card debt payed off and no car note and my income has increased and I have found nearly 3 grand a month to save never had a 401k but now I am debt free with a little bit save up. But being debt free is enjoyable. I have plenty of time to play with my two mustang GT a 04 and a 14.

[@tngerman]

hate when people lie about their home it’s NEVER PAID OFF if you think it is try not paying property tax and unless it’s some POS HOUSE that property tax is sizable then let’s not forget homeowners insurance 😂😂 paid off my ass

[@brigitterobinson5271]

#5-Keep your own money (I got rid of cable TV, turned my heat/air down, moved to a cheaper townhouse, etc.) and starting buying stock thru a broker (Charles Schwab). Now, I buy stock every month. I have dividend income on a monthly basics and I own stock with 60 different companies. Now I have automatic income that no one can take away from me. A lot of people retire at the age of 62 and they start investing in the stock market. Smile.

[@gailschwartz4037]

How's ya fake stock working for ya now!! 4 months later!! Now!!. May 2022!!

[@j.pejoro4909]

This video is what my current situation is. Thank you for the advice. But one thing I love in the way you present this problem to people with no retirement savings is setting you and your family as an example on how to overcome the problem. I can read it in you the sincerity, honesty and determination to be able to avoid paying rent. With your wife as a caregiver, you both have big hearts to share to others in need. Thank you for sharing. What a great inspiration!

[@13sambosam]

Hi Lane, your podcast is so relieving. I'm not from the US. I from India but I work in the Dubai. I never overspent money all these years. However I couldn't save anything for me and my family. I'm 54 and all the time I have this thought and makes me anxious that I couldn't save anything. We couldn't go on holidays all these yrs except for once in 2019. Because we could just make ends meet all these years. right now I'm out of job though, as the company that I was working shut down the operations. Also they are yet to pay me for last 5 months. Nevertheless your podcast has given me insights and most important a hope that it is still possible to create wealth. Thank you so much and God bless you and your family.

[@tammylove3789]

Great information, I'm 55 yrs old and have some saved, but need to save a lot more. Thank you Lane! I will be listening again.

[@Karen-nh7cl]

Me too!

[@sammyvan7712]

Yes, this was very interesting! I had to retire early at 58 after my husband passed and had to move my mother to my home town into assisted living. Since I was a licensed cosmetologist, I took over the salon and was able to help take care of my mom and keep everyone there looking their best. I ended that at the time of her death and retired completely for 5 years which enabled me to spend time with and travel some with my new partner in life. I’m 71 now and I’m good health so am thinking about what to do next. I’m interested in looking into the HECM strategy as my home is paid off. Very interested in the possibility of a tax free income, so will be purchasing your book!😁 I LOVE what you and your wife did, thinking outside the box! That was PERFECT to get you started. I, too, LOVE older people!!! Thank you! You made me get motivated again!

[@rosalindscotton5629]

If your home is completely paid off and all you do is pay taxes every 6 months on your home, do not under no circumstances get a HECM. A reverse mortgage is a complete rip-off you will regret it especially if you want to leave something to your children or to someone else. They would have to pay off that reverse mortgage. They would never be able to pay it off, you would leave them without an inheritance.

[@axiathunder9128]

Lotsa laughs. If your home is paid off, why would u want/ or need a reverse mortgage? Reverse mortgage's for thee elderly who couldn't afford thee monthly mortgage. Me home's all paid n I'm staying thee heck away from mortgages, unless I'm buying an income property....

[@kimberlyharvey8876]

Ms. Van please don’t do a reverse mortgage . Your home is paid for. That is for folks who have a home but still owe. Please don’t worse idea ever. My mom got con to doing that . And lost her home which was paid off. She passed away. To be honest I think from finding out she was scammed . My brother and I never knew . Until her death.

[@axiathunder9128]

@@kimberlyharvey8876 Sorry for thee lost of your mom. And, it's really sad to lose a home that's already paid for as well. 😔☹️ If your mom had needed some sort of financial help, she shoulda ask 'er kid(s)/kinfolks. Reverse mortgage's really intended for folks who r unable to pay their monthly mortgage. And, r not planning to leave thee property to anyone.

[@kimberlyharvey8876]

@@axiathunder9128 thank you for the kind words. Yes we would have assured her we would of helped her. I am a doctor stationed overseas in the military so all of this has been a shock; and it breaks my heart now.

[@MsRecoveryroom]

Love the creative out of the box stories. I am 54 and paid off all debt just before the pandemic. I drastically reduced my expenses and have been able to really save since.

[@channel367]

You have given me hope. Am 56 now and was in a middle of a crisis, thinking what to do. Now I have hope and that feels great.Thank you

[@FinancialFastLane]

That's awesome! Thank you for your comment and God Bless!

[@dkhcando]

Great advice for us at age 57, and I find your calm and honest style really reassuring and credible. Loved the examples of thinking outside the box, as you were explaining I was really wondering what a person could possibly do in that situation.

[@FinancialFastLane]

Thank you!

[@mariaadizaslastadizas5380]

I have a great admiration on your lectures. But , I think it's a late for me, I did most of my working life working.Im close to 80 and I did not stop working until 77 years old. My body had slowed down so much that I couldn't work anymore. Working is my life.

[@vivianmadisonmahoney9457]

Maria I understand.

[@junehaugen2458]

Bless You ❤

[@maureenmannion6748]

Well, I'm 85, nearing 86, and starting to put basic practices in place. I tell myself it's not too late. Have good health thank God so that's huge at this time in my life. I tell myself that in a lifetime of challenges this last act, so to speak, is the most challenging. And it wouldn't be here if there wasn't a reason. With God all things are possible.❤

[@jeffdekonty]

I would be retiring or working less in 5 years and I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I earn around $165K per year but nothing to show for it yet.

[@verified6140]

you're not alone, i'm part of the High Earners, Not Rich Yet (HENRY) not having much left after taxes, housing, and family costs.. not to mention saving for an affluent retirement.

[@susie4522]

Don't be a marketing strategy for luxury brands like Louis Vuitton and Tag Heuer without having your money give birth to more money (I recommend ''The Richest Man In Babylon'') Rather, you can move to wealth by reducing expenses and increasing savings or investments. As far as I'm concerned, its ideal to consult a reliable financial advisor for such objectives.

[@rainy6161]

@@susie4522 I totally agree, the end worries of handling my finance came in the person of a license advisor from CHARLES SCHWAB, and in less than 5 years, I've made it into a staggering $10M after subsequent investments. In my experience, fear can take control if waiting too long to set investment goals, but that should go away once you set the plan into motion.

[@lamp2248]

@@rainy6161 wow! I'm 58. 75,000 USD pension, and only began this stock thing few months ago. Oh, and I live in the Great White North, Canada. I'm ramping up my savings for next year, while the economy and the feds play silly buggers. My goal is to see 2030 in good health and finish up my home payment by next year. Mind if I look up the advisor that aids you?

[@rainy6161]

@@lamp2248 My FA is "Ashley Breanne Haley" watched her on a CNBC interview where she was featured and reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can look up her name online if you care supervision. I basically copy her trades.

[@ashrafahmedsaleh]

I paused your video at 1:07, to say Thank you for your understanding, genuiness and heartfelt compassion. You are a gem of a human being because you are one of very few people who don't have harsh blame for not having made money till now. I respect you Sir.

[@privateprivate2421]

When I was in my late 40s I became homeless with a sick baby through no fault of my own and lost everything. I wasn't even allowed to work due to visa limitations. I'm now 61 and own several online businesses that are recession and lockdown proof. I also own a nationwide real estate portfolio and I'm also buying a house in Dubai to live between Dubai and London. Best advice I can give is believe in yourself and never take no for an answer. Believe and achieve.

[@abraml]

At my age of 57 started Stock Trade. Every day I spent more than 2 hours in learning new challenges. Thank you sir...

[@corunmila1]

I blew my money like crazy on stuff i really didnt need. When I was 50, I had zero saved. I started saving as much as i could. Now, 2 years until i turn 62, I have saved almost $200,000. I know it aint much, and I wish I had started saving much earlier. But this little bit will supplement my pension and social security.

[@olympic-ass-eater]

What do u do to save $200k?

[@katsadventures7027]

Before you got to the number 10 while you were on nine, I was listening to you and I said this man is a good man. He’s got a beautiful spirit and then you just proved it in 10. ❤

[@streetsofgold4310]

Thank you for making this video. I almost didn't look at it because I thought it was going to make me feel worse than I already do, with not having a lot of money saved up for retirement in the coming years. Instead this video was encouraging and inspiring! I had already started with furthering my education in my line of work, and I have already planned to work as long as possible- pass the typical retirement age. I also feel that people can work longer than typical retirement age( if in good health), because people are living longer. I thank God that I am in perfect health! I take good care of myself. I am going to purchase your book. Thank you, again.

[@Broadmaynewood]

Great inspirational video. I took early retirement 11 years ago and am now 65. My finances ravaged by divorce. However I have a regular pension and I have set up my own business that is now in its sixth year as a funeral celebrant . I have a mortgage deal with a fixed rate of interest with three years remaining. My aim is to increase my savings during this time and significantly reduce my borrowing. All is going well so far and the beauty of my work is that I can have a day off if I need it .

[@glenndarilek520]

Quit buying stuff and save your money! If you cannot save any of your income, you need to lower your standard of living!

[@susanwoods3507]

Haha - I don't think your You Tube channel would be as much fun as this one :)

[@tngerman]

save for what to get old

[@xperienz2013]

My name is Kumar and I came across your video today about the top 12 recommendations if someone has not saved for retirement. You my good sir are absolutely amazing and genuine and kind to share valuable insights. This video has so many other life lessons. Thank you for taking the time to produce a wonderful and meaningful video.

[@cynthiaemery9345]

Thank you so much for your information. I’m 58yrs old with no retirement. What stood out most for me, creating more income, thinking out the box. My mental and physical is my most important!!!! Thank you again, I will be purchasing your book.

[@mickyelmb]

I recently retired at 60 because I was sick of working a job that was stressful and chaotic. I'm living on my pension right now but I bought the tools to learn computer graphics and am planning to become a freelance graphics design artist. You had some excellent ideas that I didn't think about before but will consider going forward. Thanks.

[@marialaborde9886]

Michael Boyd Please do!! You will be successful!

[@allaafanasyeva8575]

Great idea. I'm doing lots of art: quilling, felting, knitting and crochet stuff. Would be nice to find someone who can make design fir my web site:)

[@site_is_down]

Glad to hear that! You've just proven to us that age is just a number as I have never encountered someone at such an age who still wants to learn more and improve a skill. That's a real spirit right there! Goodluck and I wish you all the best in your freelancing journey 😊

[@holytrinitymasaryktownfl1019]

I am Graphic Designer. I recommend you also take some drawing, painting and design classes (or at least study books about these topics). That will go a long way in improving the look of your designs. Knowing Photoshop and Illustrator isn’t enough as there is a lot of competition in this field. Don’t get discouraged. If this is your passion your hard work will pay off, but results may not be immediate if you are planning to free lance.

[@mickyelmb]

@@holytrinitymasaryktownfl1019 Thank you for the advice. It is greatly appreciated.

[@awtistiaeth4699]

Greetings from Wales. I have almost zero income and zero savings (thankfully own my own home) so I'm not sure why I watched your video but for the first time ever, I took notice of a financial consultant. You have a very good way of delivering this kind of info that doesn't make me cringe, as I usually do when listening to such advice. Not all the info is relevant here in the Dis-United Kingdom, but the approach certainly is. Thanks or "Diolch" as we say in Wales.

[@FinancialFastLane]

Helo a diolch am eich sylw! You may appriciate this video also: kzbin.info/www/bejne/fYPRnWuEZZt9jtk

[@Joelgarcia47]

Great video. I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you katrina susan

[@benroland3652]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

[@martinthomas9371]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states.

[@channingalton7646]

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading.

[@JamesRandle5]

I'm new at this, please how can I reach her?.....

[@Joelgarcia47]

SHE'S MOSTLY ON TELEGRAMS, USING THE USERNAME

[@lizcoleman5229]

Excellent advice!! I loved the story about how you and your family moved in with that elderly man! That was a win-win situation on both sides. I'm sure you were such a blessing to that man, especially your wife, and he was a blessing to you and your family. I came across this video by accident like many people and have subscribed. God bless you and your family.

[@dawnfussell9240]

Thank you for not judging us. Your message gives me hope that I am not alone, and that I can turn it around.

[@SuperBless]

Thank u sir for giving us hope i am going to listen to your videos just subscribe

[@maureenmannion6748]

So true. I judge myself enough don't need more!

[@darlameeks]

Your story is inspiring! How blessed you and your family were to care for an elderly gentleman during his last year of life! It not only gave you a great start financially, it also allowed him to avoid institutional care, loneliness, and loss of assets he surely wanted to pass on to his children. He was able to die at home, in the arms of someone who cared deeply for him. I can only imagine the good memories you have from that time...and you were able to teach your kids about compassion, friendship and the importance of community. These things are riches that can't be taken away: Treasures in heaven.

[@FinancialFastLane]

Yes, all true! Thank for for making such a thoughtful comment!!

[@michellemiller8337]

Great information, lost my job during COVID and I am going to start own business and open my home up to girls

[@valerieann8007]

@@FinancialFastLane I only listened this long to tell you, you could be a Tom Hank's double in movies! The comment I replied under in order to comment to you sounds like something I'd be good at. I'll check it out.

[@franztavares7009]

absolutely agree with this comment... 👍🏻

[@faridaastuti9830]

@@FinancialFastLane may I send you an email. Would you give me your email address. I have some questions and I need your opinion. Thank you

[@kmilton1593]

I was low income all my life: so built my own small house using my own cash savings doing it 95% myself (still walking on plywood floors in half the house). I hunt my own meat (deer) which costs about $150 per year is all. Debt free. 75 years old. Life flies by awfully fast.

[@miketuttle9319]

Great advice. I'm 60, really only began saving a few years ago, mostly Roth IRA's. You just have to start doing it. I'm glad I started, have a ways to go, but not staring into the abyss. It is the first time in my life that I don't feel like financial disaster is right around the corner.

[@FinancialFastLane]

I'm so happy to hear about your progress! Thank you for sharing!!

[@bprathe3205]

How much do you have in Roth’s.

[@debbiegaskins]

How did you learn about Roth IRAs

[@rudeawakening3833]

Consider physical silver bullion . Keep it in a secure place - safety deposit box for gold , or a private vault for silver ( my personal choice - The Delaware Depository ) silver it so cheap now - $22.50 an ounce . It’s more than 50% below its two time high of $50.00 an ounce . There are many micro and macro reasons to look into precious metals .

[@MCfact1827]

@@rudeawakening3833 is it liquid ?

[@PaulDarby]

Hi just found you accidentally, and I started listening to you and called my wife and we both sat here and decided we like you and that we're going to listen to you and do much of what you say. Excellent job on your KZbin channel your delivery, your information, and your subject matter we're quite happy that we found you.

[@rollzolo]

Is really sad saving and investing and the power of compounding is not taught early in grade school.

[@cynthiajones7608]

Yes! Unfortunately, this was fully intentional. Just research the reason/creating birth certificates & how the Federal Reserve has placed our country in dire straits!

[@ramonponce7609]

Good day. I can relate to this scenario as I am now 58 years old and soon be 59 this coming October. I lost my job last year after 10 years in a Greek shipping company, I was forced to resigned merely because the 2 owners representative don't like me. Likewise , my previous years of work in previous companies was not able to give me a good opportunity to earn good income, only in the last ten years prior to my forced resignation... there is worry but I thank God that I have find work again , and currently 3 months in my new job as an instructor. I pray to God to give me strength and keep me working till ten years I hope to save money.

[@danielrothe3902]

There needs more people telling others what can be done late in life. God bless you sir.

[@SeldimSeen1]

Excellent video. Thank you for sharing. I am 68 years old keep a spreadsheet of my spending. This helped me take stock of my situation in July. I was in a situation to sell my home of 16 years which sold in five days. I made a few financial mistakes during the process but I was able to pay off my care, have a nice nest egg, move into an affordable apartment. Now I am free of a mortgage payment, property taxes and the HOA payments. Taking stock is critical. Also I have not had a credit card in 20 years but only use cash or my bank debit card. My bills are now only food, rent, and 4 utility bills.

[@FranciscoDelValle180]

Impressed that you actually discussed being tired of/hating your job and suggested alternatives to staying put and being miserable until you could finally retire.

[@kanwarpalsingh4079]

Just accidentally and out of sheer curiosity, heard ur wisdom. The exceptional thing about this video is ur calm, tranquil, soothing voice plus a man who is so classy , graceful and it looks as if god is speaking through u ? I m not wrong. U r so stable , dignified and I can bet u r a generous, altruistic man ! Regards !

[@FinancialFastLane]

That means a lot! Thank you so much, you are very kind. God bless!

[@yvonnebrown4198]

I recovering from 20 yrs of different illness and lost my home to bad decisions I know I’m old but willing to learn to be finically able and fix as I travelled into my 80 I’m 72 now but w God noting impossible

[@coramercado1025]

thanks for the advice... very useful.. i'm 65 and I have nothing but I worked as caregiver for 20 years... i sent all my four children to college.. i bought a new house and a car.. most beneficial your video.. now i am still working and you gave me a lesson how to prepare for retirement.. thank you and God bless

[@islandgirl8199]

Sorry to ask. You just bought a house and a car? And you’re 65 years old?

[@coramercado1025]

@@islandgirl8199 that was 20 years ago when I was still working

[@islandgirl8199]

Oh ok, because I had a coworker who had one year to retire and decided to move to the countryside and build a house after selling their townhouse. It is not my business but I’m wondering if that was a wise move because she and her husband had surgeries and not in the best of health.

[@wildrabbit1095]

I just came across you on KZbin. Very interesting. I will be 62 this June and have no retirement saved. I have been on SSDI since 2002, due to a damaged spine. Your 12 recommendations interest me. I will watch more of your shows to learn more. A rather nice surprise finding you today. Thank you

[@isabelitagildo-paa217]

I am to retire next month & have no savings my husband died early our children were yet too young so I did the father & mother thing thank you for your video, will do what you suggested more power!

[@francoislee4830]

Tears came to my eyes ,because I am 60 and I would say I do not have a strong retirement plan up to now, I was touched by what you said you and your wife did creatively to help " Grandpa" and simultaneously enable you to save for a year. I am kind of in a similar situation with my 85 year old mom who lives in Florida by herself and lives in a 2 bedroom condo, my sister and I are thinking how to deal with it, one idea is exactly as you said ,offer someone a stipend to stay in the other room with no charge but help my mom. Brilliant idea. For me ,for sure 65 is not a retirement age ,it is probably 70 but you are absolutely correct ,it is not achievable without good health. Discipine in diet and excercise need to stepped up. I am very interested to subscribe on your channel,your suggestions are realistic and not fantasy.

[@harmonyandpeacetranquility7851]

@Francis Suggestion Could you move into your Mother house and help your Mom? The move will allow you to save money and add toward your retirement.

[@executivewoman678]

@Francuois. What part of Florida may I ask?

[@martingainty9623]

I did #6 where a LPN with a 2 daughters moved into basement She charged 20/hr for a 1-2 hrs care/day her rent was 1200/month as long as she worked 60 hrs to care for aged mum /month or roughly 15 hrs/week she could live there for free It WORKED

[@omaryland5039]

This is interesting and is not against the law??

[@martingainty9623]

@@omaryland5039 Allowing someone to rent for free is legal

[@omaryland5039]

@@martingainty9623 Ok thanks

[@msmommatee1]

I have been researching this investing issue for a few days now and came across this video and just begin to cry. I have struggle for years to learn about money and investing because this was something that was never taught in our home. This video is so helpful. I am currently working on my debt, and planning for my retirement. I had many set backs, including my current situation of multiple health issues. Thank you so much for sharing this video and as soon as I can afford these recommended books, I will order them. Retirement for me is not that far off and I would love to take what I’m learning and teach this to my children and grands. God Bless you and your family.

[@rajithapalaparthi2493]

TQ v much for the video those who left without savings r worried for they r dependents on their children

[@davidmiera8858]

Great information! I accidentally came across your channel. I am 60 years old. I started all over again due to a divorce about 20 years ago. I’ve been fortunate and wise enough to start saving into a 401k and have been for 19 years now. I’ve been contributing 10% since 55 years of age. I am by no means broke but I worry that I will have enough income in retirement. I agree with all your advise. I am working at losing weight to improve my health. I realize that in order to be able to keep my money I need to be healthy. I am fortunate that I can still go for a run a few days a week. Health is very important. I will implement the other disciplines you mention. I need to get better at minimizing frivolous spending. Thank you for this!

[@travelswithKoda]

There is a calm throughout your presentation. I've never seen this in a financial person. There is something very spiritual about you. I believe you are very ethical in your work and for this reason, I'm subscribing.