How Gen X Is Breaking All The Rules Of Retirement And Why It's Working

Today we talk about how Gen X is breaking all the rules of retirement and why it's working. As Gen X'ers we are a part of the new movement in the shift in what retirement looks like. Will share what we are doing different in retirement and what Gen X has changed.
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[@JanineRenee-mh5xr]

👑You are the Homecoming King & Queen of Gen X Slow Travel! 👑 Your courses and videos are uplifting and substantive. I continue to restructure my future travel after listening to your logical and unique perspective.

[@Walk-retirement-travel]

I’m one of the last of the Baby Boomers July 64. I’m definitely on board with hitting the retirement button. I intentionally worked jobs with pensions so I will have 3 of them when I quit working with my 401k 😊

[@fs5775]

1976 here, shout out to my fellow Gen Xers. We are independent self-reliant survivors baby woot woot

[@WinkyR709]

Random thing today. My boomer mom said she wants to visit the grandkids (we're in Europe, she's in the states) but can't handle another flight - so I suggested she do a repositioning cruise. Got her out of thinking she was stuck and could still travel. Yay!

[@moneycoachmalika]

We (Gen X) seem to break all the rules. They should have never left us home alone. Latchkey kids are problem solvers and will figure out a better way. 😂

[@katie.r.vannuys]

One of the last in a field with a pension. 13 more years and I struggle to stick it out, but I’ll be under 60 and financially free. I’m inspired by your path and knowing I don’t have to if I really want to walk another path. Thanks!!

[@stephanieduston7490]

I loved that analogy, Allie! The "maze" at the bank or amusement parks and being able to remove those barriers and jump straight to the front. It's exactly what we all have the oppotunity to do now.

[@elizaC3024]

We are boomers, 1957, 1961. We retired early unplanned due to a medical issue. So it took us a few years to balance it all out,but after 2 years we were settled into our new low stress life in our cabin in the woods. We began traveling in 2019, then took a break...and got back to it in 2023, doing 2 months away. This year it will be 5 months away. We have set our home to be low maintenance, and able to accommodate the needs of aging in place. We have always lived frugally and been conservative with our expenses. Which now allows us to keep the security of a home and still travel extensively in our 60s.😊

[@ImJayItsMyCh]

I was definately blessed to have worked a career that provides a pension...I retired at 50 and I most definately enjoy my travels.. Retire as soon as u can Xers.. lower those bills and see how far your US dollars can go elsewhere in the world...A milionl is mo longer needed for an early retirement...G Bless u all

[@deborahb.277]

How are you making it work?

[@ImJayItsMyCh]

@deborahb.277 I retired with a state government pension from the "amazing :)" state of Cali..So as a state employee 22 years and out was enough for me... The California dollar in other states in our nation really goes a long way.. Just like the U.S. dollar does in other countries. If I would have chosen to retire in California I prob would have worked a few more years , but I had it in mind to leave A.s.a.p. after retirement.

[@TheSicilianLife]

What a cool perspective ~ I am in the baby boomer generation. Love the wise words. Thank you! 😊

[@jand-m5578]

Psst… the term guidance counselor is antiquated and has been for a couple of decades. Correct term is school counselor. And yes, I would like to assure you that school counseling has changed greatly (thank goodness!). I just retired after 35 years as a school counselor with additional years as a teacher. I’m a Boomer and grew up with the mindset, initially of a Boomer and “the way things are done.” For us, security was and is a driving force in how we lived our lives. It’s worked for us and allows us the opportunities to travel now. We never could’ve done it 10 years ago because of finances. But planning and saving and becoming debt-free was a goal for my husband and me. I wish we’d had and felt the freedom that your generation is experiencing. Kudos to you all. Thank you for your channel; I learn a lot from you. I love hearing about your adventures.

[@roxannelyson7715]

Fun fact, even GIRLS can be professional gamers.

[@KerryKelly-oh1if]

A whole new way of looking at what is going on in American society today! Thanks, you expanded my way of seeing things.

[@KennyHyde]

Gen Xer here, and retired in April of this year. Am loving the freedom to engage in the activities of my choosing during the week.

[@2ndSprings]

I love that we used to go to the mall in the '80s and watch friends (and strangers) play video games for hours... No judgment here for those cashing in on their skill now. 🙂

[@livingworkingoutsidebox]

So true 👍 🤯 It amazes me how many friends are making $40k, $50k + online as content creators and ai automation agencies. Thanks for sharing and motivating us all.😊💪⚡️

[@kasmstamps1897]

Gen X, open to investing in disruption. 8:35 part of my strategy is to wait for some of my investments to mature by playing my xbox360 while waiting for the car to charge.

[@kasmstamps1897]

Gen Z have opportunity to invest early in Tesla and Bitcoin.

[@marjoriehall9984]

Yes! Hubby and I retired early in our mid-50s. (We're tail-end boomers.) We have started receiving Social Security, which is nice. But our investments have kept us afloat until now and we have pretty much the same amount as when we started by downsizing into an RV. We love not having a house and a yard and all the stuff in the garage, etc. I'd like to now make the jump to international travel, but my spouse is content here in the States. Maybe he'll change his mind in a few years, but we are having fun.

[@nurseadrianern]

Heck Yeah Gen X- y’all are inspiring

[@FPTG-f5c]

I have been watching your videos for a few months now and this one was EXCELLENT! Lots to think about for us Gen Xers. Thanks for sharing this great information.

[@renamccully1462]

Great perspective and inspiration. Gen Xer here, rules-smools 😂 busting barriers, it's what we do.

[@AUTrageousNomad]

Very intelligent analysis of the opportunities before many of us. GenX has always been in the shadow of their Boomer parents, but it’s helped us to think outside the box. I’m in the process of developing a response to my own empty-nester, midlife crisis by becoming a nomad, starting a business, engaging in passion projects like KZbin, podcasting, or homesteading. Beats buying a sports car and getting divorced (cheaper, too!!)

[@deborahb.277]

Sounds amazing!

[@sonhuynh8222]

I prefer “life” pre internet. It was simpler and better

[@donnawilson559]

Me too!!

[@deborahschaub2925]

@@donnawilson559me too !!!!!

[@deborahb.277]

I see what you’re saying by simpler. But, I love having all the knowledge at my fingertips. My lil’ IPad is a library to the world and I literally have a library app on it. 😊

[@mississippiapple1078]

Love love your content! Did you establish yourself in a no tax state before leaving usa?

[@AUTrageousNomad]

Great question!🤔

[@IramisandGerry]

Two GenX’ers here. We have our own channel and prepping for early retirement. Currently traveling as much as we can so do research so we know where we want to stay longer via Slow Travel. ❤ love your kind words and comments! I hope we can all live our happy life sooner than 60 💕

[@deborahb.277]

I think there are more people with pensions than you might think. 🤔 All law enforcement, public educators, union jobs, like trades, County hospitals, County animal shelters, Courthouse employees, the water companies, military, VA, prison system staff. I can think of more. But, I understand what you’re saying, I guess in previous generations more of the private sector had pensions.

[@angieharris8015]

Yeah, I like the traditional way of working. In order to get a pension, it requires your "time" (which includes employer-sponsored retirement healthcare). I can take my bi-annual PTO/VAC and go on nice vacations, while being employed. (of course, it helps working fully-remote; NO HYBRID. But, I cannot leave my State. I'm fine with that)

[@deborahb.277]

Lucky.

[@carlitah74]

I'm also a Gen X, 1974 and I just turned 50 August 5th. I'm a mother and grandmother who helps take care of my grandson twice a week, but I can do that as an entrepreneur. I agree I look at things differently than my baby boomer parents, and my mom doesn't understand why I won't go back to a regular 9 to 5.

[@kasmstamps1897]

8:25 so if a child today say that they want to be an influencer - say that is a worthy ambition. Part of the future.

[@CreatingWithTheMind-z9r]

Is there a way to make income while living for free doing this? 🤔

[@autobotdiva9268]

better know Gen X accessed pensions, 401k's, brokerage accounts, roth accounts and overtime

[@CandaceTravismusic]

Your thumb nail calls the “greatest generation” the silent generation, those who lived through the Great Depression and WW2, why did you call them that?

[@mikecarlton6297]

I can’t speak for the schematic, but the Greatest Generation and the Silent Generation are different. The Greatest Generation fought and won WWII and the Silent Generation were children during the Great Depression and WWII. The Silent Generation weren’t the rabble rousers the Boomers were…thus silent. At least that’s what my minor in history tells me. 🙃

[@susangarrard2753]

Also it’s no longer true that your health insurance ties you to a particular job.

[@CandaceTravismusic]

@@mikecarlton6297thank you, I never heard of that term.

[@deborahb.277]

@@susangarrard2753Finally and thank goodness.

[@deborahschaub2925]

So glad i was born in the 1950s (1959). ❤❤❤❤❤

[@MsChicoro]

Yes.