Life Advice From A 55 Yr Old Retiree. What They Wish They Knew

[@DJ-nw2ql]

Thanks for the video, it really resonates with me. I recently turned 50 but am so ready to retire from my current career. I've realized it's not that I hate working, I just want to do something else where money isn't what's keeping me there. I hope to retire from my current career in my late 50's, take a year off, then try out some part time jobs, depending on who will hire someone at that age. But either way, to be financially independent.

[@Mary-tj5qx]

This is exactly what I’m planning to do this year, in June. I’m in my mid-50’s. Leave my career and a job i don’t like, time some time off, then pick up work that’s meaningful, part time. I’m done selling my time for something i don’t care about.

[@earlyretirementadvisor]

Really great perspective, thank you for sharing!

[@SilvioCastelluccio]

This is also me. Done with a 31 year career in tech for gov. Mid fifties just want away from that grind and do something I like part time or just work for myself.

[@zeitgeist888]

I retired at 46 and there was some adjustment going from 40+ hours to zero but the responses from others when I said I do nothing but travel, hobbies and take my time doing all the things I did while working but without the work was surprising. Having hobbies and taking the time to walk enjoy life and travel is so worth it to be retired while young and healthy enough to enjoy it. While we didn't have more money then when working we did have 2 households and lived apart much of the year so retiring lowered our expenses so much that the impact was barely noticable from loss of income.

[@gpdoyon]

I’m going to be 61 in a couple weeks. I retired one year ago and have not once ever second-guessed retiring. I have a less than zero desire to ever work again. If you didn’t plan on what you were going to do with all your free time I can see why those people want to go back to work. I have tons of hobbies and love to travel. My wife is younger than me and still has to work another decade in order to get her pension. It sucks doing things without her but I can’t let that stop me from living and enjoying my retirement. The only “problem” I can relate to from this video is that I am still in the (unbreakable?) habit of putting some of my retirement income in savings “just in case”. I’ll figure that out.

[@damienbates]

Spending can be very relative to the person. I generally don’t spend much on drinks at restaurants or bars because I have a feeling of being price gouged. Staying at fancy hotels usually feels excessive as I rarely take advantage of the other amenities on offer. However, my wife was very different and loved spending in those areas. She took advantage of the amenities like the gym, pool, restaurants and other services. Everyone has their own perception about value. I spend my money on boats and outdoor activities. The wife enjoys the activities but wouldn’t spend money on them without me.

[@donnymac575]

Your intro background sound is really loud.

[@woodsparker7902]

The comment of going from 40 hours per week to zero is an attention grabber. While working, it is hard to wrap your mind around such a drastic life shift.

[@earlyretirementadvisor]

Definitely, the transition is different for everyone but a lot of times working part time for a bit helps you adjust

[@riverat7558]

When the stock market crashes these guys will be doing a lot of videos on why i came back to work.

[@earlyretirementadvisor]

Don’t be a grumpy goose

[@kellychuba]

their mortgage is paid. how are you?

[@keepingitreal618]

@@kellychubaI can tell you. Car payment, a mortgage with no room for interest rate hikes, expensive holidays, credit card debt goes on and on. Yet they know they are better off than you …..