Your First Year of Retirement: 5 Things to Expect

[@ranep548]

The thought of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings to fall back on.

[@rogerwheelers4322]

True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.

[@joshbarney114]

Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect my funds and make profit from my portfolio this red season. I’ve made over $350k since then.

[@eloign7147]

@@joshbarney114 I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

[@eloign7147]

@@joshbarney114 Thank you, I just looked her up on the internet and found her webpage and also looked into her credentials. which seems really proficient. I wrote her a mail outlining my financial objectives and planned a call with her.

[@yonemitsu1]

I got fucking Covid after I retired then found have afib then sleep apnea.

[@ra5aus]

I just started my 4th year of retirement, having retired at 55, and I'm still in vacation mode, absolutely love it.

[@guiadavid3877]

Recessions are where millionaires are created, I feel for the older generation, but if you are you or middle age, you should do everything possible to double or triple your income.

[@gabrieldolph508]

I agree with you.

[@gabrieldolph508]

I overheard someone talking about how a couple made $200k during this red season but it’s risky except you’re being guided by a pro.

[@samuelteddy.439]

@@gabrieldolph508 if this is true

[@samuelteddy.439]

I will be retiring in two years and I have a goal of doing that with $1M. How can I reach out to your guide?

[@gabrieldolph508]

@@samuelteddy.439 Follow his channel 👇👇👇

[@AntonioBianh]

Retiring from public services made me realize that I had no means to passive income and in 5 years I only moved around in circles financially, I needed to make investments immediately desperate retirement and that led me to this looking for ways out. I feel very accomplished every time I remember my journey and how I have been able to grow my Investment to a return of over 200% in less than 6 months. Mind-blowing experience really.

[@SophiaChristian-so2of]

Nice one Joe. Not quite long I started investing. I'm very curious and need help on how to enhance and increase my returns. Any good investment tips would be appreciated.

[@MarkFreeman-xi3rk]

Alright so generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with Margaret Johnson Arndt an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance. She is quite popular for her services so you might have heard of her.

[@cythiahan8455]

That’s great. your financial advisor must be really good, I have seen testimonies of people using the help of financial advisors in making them more financial stable. Do you mind sharing more info on this person?

[@MarkFreeman-xi3rk]

Margaret Johnson Arndt is the best in this space, I'm happy to come across these recommendations. I have worked with her and I am impressed with the thoroughness and professionalism of the investment diligence packages she provides.

[@JenniferDrawbridge]

I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. Thanks for sharing!!

[@thedieiscast9729]

A good friend told me as my retirement grew near " it will take time to adjust to this new part of your life" And true to his word it took about 4 hours on my first retirement day.

[@HowToRetire]

THIS WINS THE FUNNIEST COMMENT AWARD!!! 🏆🤣

[@larryfinley9221]

Well said.

[@debbielazenby5308]

Love your attitude

[@evelyne7071]

HaHaHa

[@deniseborchardt4491]

Love it! I feel that I will feel the same way in a few years!!!

[@vallang4832]

I love my retirement. No stress, no rude people. Very busy with my hobbies.

[@AvaAdams-ly7vu]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[@JanetMorgan3]

Achieving significant returns isn't about volatile stocks; it's about effectively balancing risk and reward. Proper position sizing and leveraging your advantage repeatedly are essential, whether you're a long-term investor or a day trader.

[@AvaAdams-ly7vu]

Certainly, many underestimate advisors until emotions lead to losses. A few summers ago, during a tough divorce, I sought a licensed advisor who, through diligent work, boosted my business from $190k to around $720k despite inflation.

[@LeonWilk2]

wow that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

[@AvaAdams-ly7vu]

The Adviser I'm in touch with is *'Jude Ryan McDonough'* , he works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me her strategy works hence my result. He provides entry and exit point for the securities I focus on.

[@AlinaWinkler233]

Thanks, I just googled him I'm really impressed with his credentials. I reached out to him since I need all the assistance I can get.

[@jamesharrison9856]

I was an Army Officer for 20+ years and each one of these five things had special significance in my retired life; Especially the social ones dealing with Identity etc. I woke at about 073...7:30 am the first day of retirement. The kids had gone to school and my wife had gone to her work. I realized that as a retired Lieutenant Colonel, experienced in operations involving hundreds of men, hundreds of pieces of equipment and millions of dollars in resources such as fuel, food and ammunition, I had absolutely nothing to do and nowhere to be for the first time in decades. So, I cleaned the house, went for a walk, went to the grocery store and then looked for a civilian job.

[@dannywalker1635]

Go to a small college and get a job as an administrator or instructor if you can. You will love it.

[@mistermatsuda]

Here's the 5 things I expect: 1) Not having to drive in stupid traffic to go to work, 2) Not having to do any work, 3) Ability to take part in my many hobbies, 4) Having the freedom to take trips at any time and 5) Hanging out with friends not worrying about what time it is because I have to work the next day.

[@HowToRetire]

@mistermatsuda -- ha! I think this follow-up video is probably more your speed: kzbin.info/www/bejne/bJrTXqqMnNGXaJo

[@Ed6013z10]

Totally agree,, planning to retire in 10 months and counting the days…

[@richardnadson2328]

Add to that waking up when I’m done sleeping, not by an alarm.

[@CheckThisOut77]

Five things you will experience in your first year of retirement: 1. Retirement won’t feel like a vacation. 2. It may put stress on your spouse. (Ask spouse, “What are your expectations in my retirement?”) 3. Your identity may suffer. You will miss your colleagues. 4. You may feel lonely. 5. Financial planning does not end. Good descriptions of each point. This guy has helpful information. Being an active member of a Bible-based church is a BIG plus in retirement, too.

[@alansach8437]

I retired at 50 and never looked back. My worst day in retirement is better than my best day working. Never had any of these problems. Some people live to work. I worked to live, hating every minute of it, and now that I don't have to it's great! Almost 70 now. It is so nice not having to answer to anyone (or care how I am "perceived by others"), and to wake up (whenever I darn please) knowing I can do, or not do, whatever I want! That novelty has never worn off! And BTW, who spends "every waking minute " with their significant other? I have my interests and she has hers. We also have mutual interests that we do together.

[@HowToRetire]

@Alan Sach -- I'm so happy that you're having a wonderful go of retirement! Some people don't go through any of these feelings at all. I actually ended up making a follow-up video for those folks: kzbin.info/www/bejne/bJrTXqqMnNGXaJo And you're absolutely right! If you're spending 24/7 with your significant other, that's probably encroaching into co-dependency territory! 🤣

[@GoranIsmov]

My original retirement plan was to retire at 62, work part-time, and save money. However, high prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.

[@kortyEdna825]

Thank you. Just what I needed to watch. My hubby and I are directors of our farm business and own property, plus small pensions. I am nearly 52, hubby is 55. We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.

[@carssimplified2195]

consider financial planning.

[@Justinmeyer1000]

I totally agree, I'm 60 and newly retired with about 1.2 million outside retirement funds, no debt, and very small dollars in retirement funds compared to my portfolio balance over the past 3 years till date. tbh, the role of the invt-advisor can only be overlooked, not denied. just have to do your research in finding a reputable one.

[@Justinmeyer1000]

@tudorrwilson My Financial adviser is ‘’JULIE ANNE HOOVER’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

[@DMUSA536]

I had no problem retiring. It’s like I turned a page in a book. Never looked back.

[@HowToRetire]

That's awesome, @D M 🙌 I did make a follow-up video that may resonate with you more: kzbin.info/www/bejne/bJrTXqqMnNGXaJo

[@antonnohr]

I'm nearing retirement in three years, and despite having solid companies in my portfolio, my profits have stagnated in this uncertain market. Are there any calculated profit opportunities in this recession?

[@VickyAlvy]

Generating substantial profits, particularly in a bear market, involves employing intricate strategies that are best executed by seasoned market experts.

[@ClementRusso2]

I agree. Despite early setbacks and losses in the market, I re-entered in February 2021 with guidance from a recommended investment advisor. Fast forward two years, and I've gained over $720k in profits.

[@ClementRusso2]

Certainly! Everything unfolded under 2 years following Stacey Lee Decker’s guidance. I began with just under $150,000 and now I'm only about $45,000 away from reaching a-million dollars.

[@metalrooves3651]

stay away from annuitities!Theres a reason they pay the salesforce 4% !..the 10% bonus day one is just a basis,YOU NEVER GET THIS MONEY...they pay less than CDs.....surrender fees before maturity are close to 20%

[@marissamatty2703]

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

[@HowToRetire]

Amen! Great comment, @Marissa Matty !

[@maxcornell7655]

Investment is the key to sustaining your financial longevity. And not just an investment but an investment with guaranteed returns.

[@juanandrea9091]

What's the best investment now, I'm looking at getting stocks and crypto

[@marissamatty2703]

@@juanandrea9091 Stocks,Forex and crypto are good investment. But before you go into any investment as newbie, seek a professional guide, it's so important to successfully investor.

[@marissamatty2703]

Expert Martin Gregersen is good and competent to help and assist all newbies investors who wants to be profitable and successful.

[@williamjeffreys2980]

Coming up on the end of my first year of retirement. Took me 6 months to calm down from the PTSD from my job. Sorry, but it still feels like a vacation. Doing what interests me without constant interruption is heaven on earth, as I still feel there is not enough time in the day to do everything that needs to be done.

[@HowToRetire]

That's awesome, William! Glad to hear you're enjoying retirement -- it sounds like your job was super stressful. Enjoy your hard-earned time to yourself!

[@carolineg3079]

Don't be sorry - its good to hear when like ne you're almost there :)

[@MaryOKC]

No regrets. I retired Feb 2021 after moving to a new city 7 months before. I enjoy the solitude after a very stressful job.

[@davidmagen415]

I am 65 years old and retired at 60 1/2.. my spouse retired at 62 and we couldn’t be happier. I was a modest wage earner and often worked a second job. Yup I miss the people I worked with. However we bought a new larger house and we couldn’t be happier. After staying in the house for the last year and a half. Finally we took our first of many vacation we hope to take. The future is guaranteed to no one and a shroud has no pockets. Nope you can’t take it with you so enjoy your new life style🌞

[@HowToRetire]

Congrats, David! It sounds like you and your spouse are already on a great adventure together! Here's hoping that travel gets a bit easier for all of us soon!

[@MaggieClarkSLC]

I thought I was mentally prepared, but my entire first year after retirement was constant panic! Now, 11 years later, it's fabulous.

[@HowToRetire]

Margaret -- it's a HUGE change! I'm so happy to know you've adjusted and are thriving!

[@pnkbiankii]

During my first year of retirement (at 66) I made a 9-month, solo, self-supported bicycle tour throughout the US. Inexpensive and very effective way to “window shop” for a new, less expensive retirement locale. Chose my new community, moved within 6 months of completing my tour. No money worries (reduced my living expenses by 70%), have made wonderful new friends, bought a house, spend time traveling to visit friends and family. Have been delightfully happy ever since, with no transition concerns.

[@HowToRetire]

Judith, that's amazing! Sounds like you really thought it through -- plus, I love the idea of the cycling tour! Congrats on an awesome retirement! 🙌

[@cindyn628]

I love this! I hope to do something similar my first year of retirement, but in my van. If you have any advice, or a blog, I'd be open to receiving!

[@HowToRetire]

I'd love to hear about that too!

[@runwader]

boss

[@grahamperkins9542]

Bicycle Touring is the best way to travel. I have done a few and they are life changers!

[@RG-hf4et]

Three months of covid quarantine was pure heaven. My job is so stressful and every ache & pain disappeared. I can't wait to retire.

[@HowToRetire]

A LOT of people are with you on that one, @R G !

[@beautyRest1]

I retired because he company gave us a good offer and my husband got ill. Two month later my husband died and I felt lonely, lost and depressed. It was very hard and all this during Covid. Slowly I’m picking up the pieces!

[@HowToRetire]

Covid was hard enough without losing a spouse. I can't imagine how hard that must be. Keep doing what you're doing -- one day at a time!

[@beautyRest1]

@@HowToRetire thank you! Part of me is gone, but I know I must move on and live my life alone!

[@andymacke5163]

God Bless you. I know something about your loss, I’m still picking up the pieces after two years. I do have the distraction of still working . All of our planning, working towards our retirement years seems for not! Thank goodness for my daughters. God Bless You!

[@beautyRest1]

@@andymacke5163 thanks for your kind word. Even though the pain is unbearable at times, we can always discern the things that we can be thankful for. This is what keeps us going forward!

[@cjlive5182]

He needed u those two months! Hang in there.

[@Erikkurilla01]

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

[@Lemariecooper]

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

[@Erikkurilla01]

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 a financial assistant

[@jessicasquire]

I think this is also a great time to invest in private equity and cryto. Can you give a pointer ?

[@Erikkurilla01]

I currently work with *STEPHANIE KOPP MEEKS* a financial expert i met in a seminar

[@Erikkurilla01]

Yes I have made a very huge returns on my investment with Stephanie

[@gregorysalazar8370]

Kids finished college last year and retired to Puerto Vallarta, Mexico. Divorced for seven years, so no wife. Love it! Never looked back.

[@HowToRetire]

Glad you're enjoying retirement! Enjoy the warm weather!

[@ranger2316]

I can identify with ALL of these points! I think the biggest obstacle I had to overcome was the notion that I didn't have to do ANYTHING if I didn't want to... that it is ok to simply hang out around the house and do nothing. I've tried a few jobs since retiring, they were fun, but were not fulfilling... so now I enjoy gardening, art and raising my 7 y.o. granddaughter (Never banked on that one in my planning). The best description I heard of retirement is... 'it's six Saturdays, followed by a Sunday!' A cashier apologized for keeping me waiting the other day... I looked at her and said, it was not a bother... I'm retired and living in the Free State of Florida... what possible hurry can I be in? In any event, your advice and observations are sound and well grounded! Thank you!

[@JB-nr8fu]

Going to give 30 day notice tomorrow. I have decent plans after almost 40 years Reg. nurse in 🏥. Life can be too short, one never knows. Thank you for the talk, it was just what I needed this morning. ☀️

[@HowToRetire]

Awesome, J.B.! You got this! 🙌

[@Peace-ju9us]

I planned out retirement years before, left a part time job 5 years prior, during the year before I started cutting down some work, 6 months out I used sick time to decrease actual working, month or so prior retirement ceased most work with leave time, then on the day I choose I just cleaned out my desk, turned in stuff and drove home...never missed the work site nor work people, already had my military pension, then stated both SS and my state pension. Not lonely a bit. I do what I want, with my retired wife's consent. We have no problems. Healthcare taken care of.

[@HowToRetire]

That's awesome! Congrats on your retirement and thanks for your service! 🇺🇸🙏 Sounds like you had a great plan in place for when it was time to walk away.

[@sixtynineelephants]

These are all real. I thought I had it all figured out but this feels very different than I expected. Still adjusting.

[@HowToRetire]

Thank you for putting this out there. I'm sure you'll eventually get to a point where it feels normal. It's a huge life change, so go easy on yourself. Congrats on your retirement! 🙌

[@dave434]

My first year, has been really good, I have started and finished many a project around the house. And it is a wonderful feeling come Sunday evening and know I do not have to set the clock to get up and go to work!

[@HowToRetire]

Awesome, Dave! No more Sunday night blues for you! 🙌

[@BSGSV]

The more retirement advice I hear, the more I realize such advice is geared toward normal, well adjusted people, not abused people like me who spent their working lives in anxiety while striving to amass fortunes to protect themselves from other people and their opinions about who am and what I am worth. Three years into retirement, it still feels like a luxurious vacation from stress, deadlines, obligations, demands, negative opinions, lack of respect, lack of recognition, and lack of reward. I now own 100% of my time. I value being away from people. I am proud of using my skills to build wealth for ME instead of a company run by assholes. I value the friends I DECIDED to keep and don't regret the ones I didn't.

[@hollygrosshans3529]

Couldn’t have said it better myself. Now I have all the time in the world to do whatever I want, when I want and don’t have to answer to anyone, ask permission from anyone or listen to never ending BS all day long. Peace and quiet- free to be me.

[@HowToRetire]

Damn @S V -- I hate that was your experience while you were working. I've been in some pretty terrible jobs over the years, so I can't imagine what it was like to go through that for a career. Congrats on retirement and enjoy your freedom and peace of mind! 🙌

[@BSGSV]

@@HowToRetire Thanks! Most of my career positions were at really good companies working with good people. The last company was the worst: bad strategies, amateur leaders and a third rate ceo driven by ego more than business sense and who had an embarrassing list of shenanigans that would shame normal people. The money was good, but the experience drained the will to try again after leaving that place. I am glad others had better experiences than I did.

[@neilbenoit7042]

I couldn,t have said it better myself!Retired at 56 and never looked back.

[@carolineg3079]

I relate to that. I'm close to my retirement date. I've earned decent money handsome good times and made some lifelong friends but the stress and anxiety in the low times caused by truly horrible people I won't miss.

[@milo963]

Retired at 57 three months ago with pension and medical. Bliss and a pile of old stereos to fix. Do it!

[@HowToRetire]

Fantastic, Milo! Sounds like you're thriving in retirement! Congrats! 🙌

[@roseannes2967]

Wow! This is really sad. I cannot imagine being nothing but my work. I’m everything other than my work. Work is only a means for income to allow me to do what I want. Retirement is finally living.

[@HowToRetire]

Roseanne, you're not alone! A lot of folks are READY to leave work when they retire. In fact, I made another video for them -- you may find it appealing: kzbin.info/www/bejne/bJrTXqqMnNGXaJo However, there are some people out there who really are engaged with work and have good relationships with their coworkers. I've been lucky (and unlucky) enough to have experienced both kinds of environments! 🤣

[@madaraainna]

You maybe doing wrong thing for living. I don't want to retire.

[@dannywalker1635]

I have worked 45 years in two careers and have a decent income but the hardest thing about retirement is the social dislocation and isolation I feel. I worked for a large government agency and then a state college and came in contact with many coworkers and customers daily. I just don't come in contact with that many people now and sadly I spend quite a bit of time on KZbin. I can relate to this video. Patrick King is right on target with this.

[@bagobeans]

Please don't assume everyone who has retired is married. Many are single and going it alone. Please don't assume all work environments was rich and rewarding. Many work environments can be nerve-wracking and dehumanizing.

[@HowToRetire]

Marie, you're absolutely right. As far as the single people issue, I've made a video about that. Let me know what you think: kzbin.info/www/bejne/ooPdpn93adWNo9k I also made a follow-up to this one for people who may not have loved their work environment! kzbin.info/www/bejne/bJrTXqqMnNGXaJo

[@howellwong11]

The first stage of retirement (at least for me) is traveling, to see your relatives who you never have seen and places you always wanted to see. I think that we all go through the same stages when we retire.

[@HowToRetire]

There's something magical about traveling, isn't there? I really love helping clients make travel a part of their retirement.

[@drewsbenmad]

Retire early while your still healthy ,too many people waiting way too long and trying to enjoy retirement with health issues that ultimately ruin it.

[@HowToRetire]

Great point, Drew. Life's too short!

[@staceyford6733]

I worked for the federal government x 30 years. I jus happened to come to the government at the right age (25 1/2) and was able to retire at age 56. I feel blessed that I retired in October 2019, 5 months before the covid lock down.

[@rodc4334]

On the one hand I agree with caveats. Some people really do not know what to do with their time, so having a job is helpful. Do not retire before you really have the money, if possible. But yes, especially if you have things you really want to do, do not wait too long. Seen that too many times. But I have seen a few people who retired too early (not ready in one way or another).

[@HowToRetire]

@Rodc, I think that's it in a word: prepared. I've seen people struggle with retirement if they weren't prepared either financially or mentally. I think if you're prepared in both of those ways, you should be okay. Great comment.

[@eiooops]

I am 2 years into retirement, I never feel bored, I don't quarrel with my spouse cos my mood is so much better .I am happy to laze and watch Netflix and KZbin.

[@essanjay8604]

Some of the happiest people I know never actually 'retire' - they are self employed in a job they love and simply scale back to whatever level they're comfortable with the older they get. Personally I've never missed the actual work I used to do but nothing has ever quite replaced the camaraderie of the workplace. I think this is because there's not really any other situation in life where you find yourself spending so much time with such a diverse bunch of people all of whom are only there out of necessity!

[@HowToRetire]

@jayandess -- great comment! I think staying engaged in something is the key! 🙌

[@Meinvt]

I’m one year in from retiring at 58. It has been very stressful. I think calling the stage “work optional” instead is helpful, mentally.

[@richardpodnar5039]

This advice is valuable to me as I will go into retirement within days after having put it off for years but concluding at the age of 70 that "it's now or never." And I am changing locales and expecting many challenges in that respect.

[@HowToRetire]

Good luck, Richard! Change can be difficult, but also rewarding. Enjoy your new adventure! 🙌

[@rafaelmillan5800]

I’m retiring on December 31st. Very very helpful!!

[@HowToRetire]

Congrats, Rafael! Here's to a happy retirement! Cheers!

[@joekuhnlovesretirement]

Retired 3 years now. Your list is accurate; however, you need to balance these with the positives. And these dwarf the surprises. Perhaps a topic for another video.

[@HowToRetire]

Great idea, Joe -- and you're absolutely correct. My idea was to get people mentally prepared so they weren't disappointed. And it is a great idea for another video!

[@HowToRetire]

@Fat Bass Custom Baits. In my experience, most folks end up spending around the same amount right when they retire. They may spend less money on certain items, but more on other things like travel. I'm not sure who it was that came up with this, but for many people, there are 3 phases of retirement: 1. The "Go-Go" years where you travel, have fun, etc., 2. The "Slow-Go" years where you slow down a bit, and, 3. The "No-Go" years where you are truly settling into old age. People tend to start out spending a little more in the Go-Go years, spend much less in the "Slow-Go" years, and finally spend more in the "No-Go" years due to health-related expenses. For my clients, I plan for them to spend 100% of their pre-retirement expenses in retirement.

[@HowToRetire]

Anytime! Thanks for the kind words!

[@howellwong11]

@@HowToRetire I am 21 years into my retirement and in my final phase. Luckily or should I say intentionally, I was prepared for all three stages.

[@HowToRetire]

Awesome! Being prepared never hurts. And we all need a little luck along the way. 🙌

[@David-sc2ir]

I am finding that in retirement it is SO IMPORTANT to continue to have goals in life. Once you quit the job you should not quit 'structure' in your life... have a daily routine and follow it. Include your spouse in some things but enjoy your own passions on your own or with friends.. allow each other your own free time to do what they want to. When traveling we found it's so much more fun to enjoy that trip with another couple.. a shared adventure is so much more fun than just two people going! Whether it's a dream trip to Europe or a long weekend to a local destination... a shared trip with friends is fantastic! Passions are SO IMPORTANT in retirement... find things you love, whether it's gardening, wine making, building whirligigs... it doesn't matter what it is so long as you LOVE doing it and feel excited about it :) Happy Retirement!

[@HowToRetire]

So true, @David ! I've seen it both ways -- and the retirees who have some sort of passion or interest tend to age much better.

[@BeachLoverCindy]

Great video. I think the #1 thing that will help me transition is that I will have been working from home for almost 10 years. The first year I started working from home, and my work relationships started to diminish, it was tough. By year 2, it was better. Then the company I worked for was sold and I started working for other people who I barely knew. By the time I was laid off, I only had a handful of work friendships from the original company (and those are life-long friendships). I have a new job, also remote, and I have really nothing but superficial relationships with everything except a handful of people. My husband has been "retired" for 12 years (disability), and he already went through the process. I think I will always work (I'm a professional writer) because I love it. We do hope to travel the first year and then we'll see where we are. :)

[@HowToRetire]

Awesome, Cindy! I like that you're focused on staying engaged with something you enjoy. That tends to be a recipe for a happier retirement, in my experience. Here's to your retirement (and travels)!

[@devorahanatolia8999]

Last year I had open heart surgery (not what I had planned for 2021) and was off work for 3 months. Once I got past the first couple of weeks of recovery, I actually enjoyed it. I found I was OK just being at home and there is a lot that goes on during the day I was unaware of. I turn 70 on Nov. 29 and my last day of work is Nov. 30. 😉 I calculated that beyond that date, it's costing me to go to work every day. I have a 31-day retirement cruise to South America booked for March 2023, and lots of other things planned that I've been putting off due to work demands. Thank you for the great words of advice and things to think about and consider.

[@HowToRetire]

Devorah -- I hope you've made a complete recovery from your surgery! 🙏 Congrats on your retirement and enjoy South America next year. It sounds like a wonderful trip! Where are you visiting when you are there?

[@devorahanatolia8999]

@@HowToRetire , thank you for asking. Yes, I've made a complete recovery. I now have a cow's valve (moo!) which I hope is good for 15+ years. I'll be be visiting Argentina, Uruguay, Falkland Islands, Chile, Ecuador, and Peru on my South American cruise. Can't wait.

[@HowToRetire]

Awesome! Sounds like an amazing trip!

[@legiontheatregroup]

That was a very thoughtful message, and well produced. Thank you for presenting this.

[@HowToRetire]

Thank you for the kind words, Roderick!

[@sarashann]

Semi retired and love avoiding dreaded rush hour traffic! Not particularly relishing full retirement but plan to volunteer in some capacity.

[@alexandraadams2070]

Wow, I must be the exception. Been retired almost two years and have NEVER been happier!!! I absolutely love being retired. I always had lots of things I wanted to do but couldn't because of working and now I feel like I'm a millionaire! Not that I have millions of dollars but I feel like I can do whatever I want, whenever I want and that's just about what I do. I do miss my co-workers a bit but I stay in touch with many of them. I'm now planning on moving to another state because my current state is too expensive and too liberal. That concerns me just a little because it will all be new but I will adjust with the help of God. I'm single so no spousal problems and I'm making more retired than I did while I was working...expenses are lower, I'm paying off debt and saving a lot more than I could while working. I'm living the dream, for the most part and hope I have decades of good life left.

[@HowToRetire]

That's awesome, Alexandra! Some people take to retirement pretty easily -- sounds like you're one of them! Congrats!!!

[@staceyford6733]

I'm the same. I always had hobbies and interests while working. Since being retired, I have more time tor my interests and for activities at the art museum and elsewhere.

[@HowToRetire]

That's awesome, Stacey! Sounds like you've got this retirement thing squared away. I'm actually in Santa Fe right now for business and am enjoying the art scene here.

[@davidparker5345]

I agree. BEST TIME OF MY LIFE> Retired with start of Covid. Lucky timing. I still love my retirement. I feel sorry for those people that their life was their job.

[@Old_Sailor85]

@@davidparker5345 Definitely...I'm type A, but worked to live, not live to work.

[@charleshurstreinvention3959]

There is a mental aspect for sure. Here was my take and I tried it a few times as I posted to my own subscribers. I was a physical therapy contractor and at times still am. But three times I went overseas to exit out of the workforce. Each time was four months. The first few weeks were great. Then I started sleeping later and later. Finally it got to the point where I was going to bed at 3:00 am and getting up at noon. You can only train in the gym so long and see the castles and temples so many times. Even living in Gdansk, Poland on the Baltic beach----you take that walk down the beach---again. And I had no purpose. Even though I was in the beginnings of making my own videos and setting up the channel I still had 7-8 hours of down time a day. And I don't go to clubs and bars so that left a whole lot of idleness. End point--a human feels the best when there is a purpose. I used to work with the elderly and can tell you that they have a lot of depression once their role in life is gone besides that fishing trip---again. I think I'll also have a part time gig whether it is becoming the almighty influencer or being a part time physical therapist. My mental soundness is far better with a role to play than when I was on permanent vacation. Hope that helps someone out there--Charles

[@HowToRetire]

That's an awesome realization, Charles. Permanent vacation isn't all it's cracked up to be, right? Thank you so much for sharing your story. I love your latest video about retiring early! 🙌

[@charleshurstreinvention3959]

@@HowToRetire Thanks--yep it was a bummer but got me motivated to do other things. Great info on your video--Charles

[@jessefletcher9116]

20 years ago we went to see the Jack Nicholson movie ABOUT SCHMIDT. I was 36 at the time and glad I saw it because it's a cautionary story about the pitfalls of retirement, I've never forgotten it. If you haven't already seen it, I highly recommend that movie to you. It's a portrait of a man trying to adjust to life after retirement, somewhat sad at times but definitely some comedic moments as well. Nicholson shines the whole way through, and a terrific supporting role from Kathy Bates.

[@HowToRetire]

You know I've actually never seen that one. Thanks for the recommendation, Jesse!

[@loriar1027]

This is all very good advice. I am planning to retire in about a year or so and I have been envisioning being able to enjoy the ordinary, mundane things of day-to-day living. I don’t expect to be able to take exotic holidays abroad. I just want a normal, relatively stress free life. Along with all my craft hobbies and friends I hardly ever see bc of work, I hope to avoid feeling left behind by my profession.

[@HowToRetire]

Lori, I think this is a fantastic way to look at it. Good luck and be sure and leave all that stress at the door on you last day of work! 🙏

[@Telcomvic]

I'm an extroverted introvert. I love being with people when I'm around them, but I'm also OK with being by myself. OK, so I'm hardly ever completely alone---I still have my husband and 2 dogs to keep me company. Hubby works part time helping his nephew get his business going. I putter around the house; have a garden and flowers every year and play with and walk the dogs. Exactly what I planned for retirement.

[@HowToRetire]

Nice, @Vickie Clark ! I can totally relate -- I'm a bit introverted myself! 😉

[@Bessie66]

I have been lucky enough to take early retirement- the advice I would of given myself after 10 months …. Give yourself time to get bored and find the things you truly want to do.

[@HowToRetire]

Congrats on retirement, @Bessie ! 🙌

[@danieldesimonedanny1827]

I retired at 57 the age my dad died. Took SS at 62 and its the greatest vaca I ever had. #2 I don't have a spouse. #3 I know very well who I am. #4 I don't get lonely. #5 $$$ I'm good handling my $$. I retired to a low cost state /FL from NJ and bought my 3 bed home cash. Not bad for a Auto,Diesel tech. I'm now 66 in the best shape of my life on zero meds. I can imagine the people you have to deal with.

[@HowToRetire]

Daniel -- it sounds like you're having a great retirement! Not everyone struggles. I made a follow-up video with 5 amazing thing to look forward to in retirement: kzbin.info/www/bejne/bJrTXqqMnNGXaJo

[@oldtymer9106]

The keys to a happy retirement: 1) Have someone to love. 2) Have something to do. 3) Have something to look forward to. From Burt Ward, played Robin in the 60s Batman series. He's a big animal rights activist and owns a Dog food company.

[@HowToRetire]

Steve, I've never heard this one before. I love it! Thank you for sharing!

[@staceyford6733]

I'd say 2 and 3 are two big ones.

[@Chris_at_Home]

I retired about 18 months ago. Most of my work career if the phone rang in the middle of the night there was something at work that had to be taken care of.Work got in the way with things I like to do. We have a couple of properties with acreage and there is always things to do, but relaxing some and enjoying it is one on them.

[@HowToRetire]

Chris, it sounds like you're enjoying retirement! Having the phone ring in the middle of the night sounds incredibly stressful. Here's to a full night of sleep!

[@chessdad182]

Nice. And 4) A few dollars doesn't hurt.

[@kwlambright]

Retired December 29, 2023. It’s now February and the first month I was very anxious and wife is going crazy. She works from home and can’t understand why I do a little work every day and relax the rest taking care of two dogs. I do a lot of the household chores and any running around she needs. I do have a part time job that I enjoy. I do feel bored but I always worked 2 or 3 jobs and shift work was a big part of my career.

[@adaytoremember225]

Patrick King is a great guy! I set up an appointment with him a few weeks back. I spent an hour on the phone with him explaining my situation. After it was all said and done he said "well you're doing an incredible job with investing. If you keep it up at this pace, you'll have no problem retiring when you want to." Then he said it would be foolish to hire him, and to keep doing what I've been doing. I've met with around 10 investors, and not one of them have come close to telling me anything like that. Talk about an honest guy! Anyone looking for help, or an advisor look no further! Patrick is a very knowledgeable guy, and his heart is in the right place, which is a rarity in his kind of work. Thanks again Patrick, you're the best!

[@HowToRetire]

Thanks for the kind words, Russell! It was a pleasure talking with you. You're doing all the right things, so keep it up! 🙌

[@rodc4334]

I think, if one is so lucky to be able to, a slow down/transition to retirement might be helpful. I am phasing into retirement. First I reduced my work load. Next year I went to 80%, then 60%. Now I am considered "retired" by the company, but I still have an office and I get paid if and when I find something that looks interesting, someone wants some mentoring, etc. I am down to about a day a week, but sometimes I take a month off to travel (just some email here and there), sometime I put in a few days in a week. I may do this for a couple of years. But I also have volunteer work I do. I meet with a group of friends where we take an online college class and meet to discuss once a week. I have friends I climb with, hike with, paddle with. Today I spent the morning fly fishing, came home to a couple zoom meetings for work. Life is good so far.

[@HowToRetire]

Rodc, that's amazing! Fly fishing sounds like a fantastic way to start your Friday. I think quite a few people are looking to ease into retirement rather than a hard stop. I've had plenty of folks comment that they were DONE at retirement, but if you're engaged with your work, there's no reason to stop that. Personally, I love what I do, so I see myself slowing down rather than pulling a hard stop.

[@kathleenphillips7145]

Looking forward of retiring from my full time job in 3 years but will continue working my part time job caring for my adult disabled son. Sounds nice to actually not have to work but It’s fine because as long as I’m busy, I’m happy. When I get too old or sick I’ll hire someone else to care for my son.

[@HowToRetire]

Kathleen, slowing down and working fewer hours is a great "in-between" idea that can eventually ease you into retirement. Staying busy and having something to keep your mind sharp are very important. Best of luck!

[@mikepeterson6052]

My uncle, a Navy Ship Captain, and aunt had issues when he first retired with being together 24x7. Finally, she went downstairs and he stayed upstairs until 5pm. He was in charge of the yard and started doing the yard work instead of doing work work.

[@sarahhopkinsluvscats]

I had to quit work early to take care of my partner who just passed away. Obviously, I am grieving, but also am not planning to go back to work. I tell friends that my retirement started the day after he died. Also, lost my parents during that time. Seems like I'm also dealing with some of the things you talk about in the video since I was a healthcare professional and had some of my identity tied up in that. Still, I am not going back to work. You know...COVID. Some first year of retirement, huh? At least I had a good financial advisor for many years and I have a pretty good income despite not taking SS yet.

[@HowToRetire]

Sarah -- it sounds like you've had a rough couple of years beyond the changes that come with retirement. I'm glad you have someone looking after your finances -- you've certainly had more than enough to worry about. I hope you find peace and some great opportunities to create some contentment in 2022. Thank you for watching and thank you for sharing your story, Sarah. ❤️🙏

[@thomasfranco5997]

I retired at 66 years old. I have 3 properties and sometimes I feel like selling all my properties. My father is a retired Income Tax Accountant. He tells me that I should just live off the rental income. But I want a Vacation home in Palm Springs, Ca. or Cabo San Lucas, Mexico. I have a 401-k at $185,000. I collect SSI at $1632 a month, a pension of $324.00 a month, rental income of $1400 a month from a condo and $2400 a month on 2 houses which I divide between 2 sisters.

[@tl4633]

Great information so thanks for sharing. My wife has been eligible to retire for 2 years now and I still have 2 years and a few months to also be eligible (both state workers). We are still in our early fifties and live in a place that has very high property taxes. We paid almost $11k in property taxes on our primary home last year and that was on a value of $444k. The Tax Assessor has now assessed our home to be valued at $624k so there is no telling what the tax cost will be in a few years when I am ready to retire. We are looking at possibly moving to a state that has a more equitable property tax situation than Texas does. On the positive side, in less than 5 years, our home has increased in valued by almost $300k.

[@HowToRetire]

TL -- I hear you! Atlanta's property taxes are pretty ridiculous too. Maybe not quite that high, but we also have state income tax. I know a lot of people end up moving to smaller cities and towns after living in a big metropolis their whole lives. Sounds like you'll both have a pension, too? You may have to get accustomed to a slower pace of life! Best of luck in retirement!

[@spankynater4242]

Have you tried protesting your property taxes? Also, at some point in the near future, you should get a property tax discount because of your age.

[@evelyne7071]

My home is similarly valued. I pay approx. $4,000/year in property taxes. However, there are not the amenities or entertainment or naturally beautiful surroundings that more coastal homes would offer. I have to drive about two hours to get to much of that. Even food stores keep it pretty basic. Also the general populace is much more diverse, less educated and poorer. Good paying jobs are harder to find here.These “advantages” keep the prices down. Also, I had to spend over $20,000 to move my entire household down here from the San Francisco Bay Area, some twenty years ago, because of a job change. Lastly, there was all the stress of home buying and moving. So there is much more to think about in moving after retirement than property taxes. You may have to forego a lot of the luxuries that those taxes provide if moving based solely on the basis of money. However, here my monies go much further and temptation is less likely to happen; because, it’s like……what temptation ?…..HaHaHa

[@cato451]

Very timely. I’m quitting my crappy job forever in 3 months. Thanks for the tips. 1 - no problem for me. Currently my outside of work interests and activities are > my work activities #2 - no problem. Never married, no kids #3 - no problem. My identity has zero association with my work. In fact I don’t ever hang out with work people. Never have. #4 - No problem. I have no work relationships that are in the least important. #5 - no problem. I love financial planning. It’s my passion and my hobby for 30 years.

[@HowToRetire]

Great job, Cato! Best of luck! Sounds like it’s time to pull a Johnny Paycheck!

[@cato451]

@@HowToRetire ha! Yup. “Take this job and shove it!”

[@Binatasj]

I plan to retire next year at 52. However, I do want to get a fully comprehensive physical check up before I resign to ensure I’m in good health. This will help me decide what type of health insurance coverage to buy. I encourage you to do the same.

[@cato451]

@@Binatasj yes, I thought about this too. I’m gonna set up the appointment tomorrow. Thanks for the reminder.

[@HowToRetire]

I love this idea, RC! Good luck!

[@harryp1665]

My wife retired 2 years ago when her company transferred her dept. to India. She has not missed work at all and never has felt (bored). I am leaving the work force early at age 59 and look forward to starting a new life. Relocating to a retirement community, being removed from stress, and anxiety. I so look forward to a new chapter in life. I think those you struggle may not have other activities in their lives.

[@HowToRetire]

@Harry P -- that's great that you and your wife aren't stressed! I know a lot of people have part of their identity wrapped up in their jobs. I made a follow-up video that may apply more to you and your wife! kzbin.info/www/bejne/bJrTXqqMnNGXaJo

[@harryp1665]

@@HowToRetire I’ll have to check that out.

[@jackgoldman1]

I thought my friends would be lifetime friends. This was not the case. Many friends disabled, distant, or not returning phone calls. Very disappointing. The social network is so important. Luckily my exercise class at the YMCA still has some old friends who at least work out together and we know each other's names. Covid has devastated many relationships in fear of getting the disease and dying. Too much social distancing is deadly, depressing, and suicidal.

[@HowToRetire]

Jack, unfortunately this is not uncommon. It's too easy to drift apart after leaving work. That's where having a social group outside of work becomes so important. I'm glad you have your exercise class! Covid has been an eye-opener for relationships, hasn't it? I consider myself pretty introverted, but had no idea how much social interaction I needed until the Covid shutdowns. It's a huge mental health issue.

[@beautyRest1]

We meet once a month, all retirees for lunch.There is another group though, people that worked the morning shift. It’s nice, this way we still see each other and stay in contact. I totally get what you said jackgoldman. I agree.

[@HowToRetire]

Beauty Rest -- that's funny. My Mom is retired and meets up with a lot of friends and former colleagues once a month. They call it their Wednesday "Prayer Group". I think there may be more wine and Coors Light involved, however. 🤣

[@Myra1959]

I turned 62 last year and considering retiring soon. More time to learn to play piano and ukulele. There are few items I need to concern with is health insurance.

[@HowToRetire]

@Myra1959 -- healthcare really is the big question mark before 65. I love the idea of the ukulele!

[@CaptainQueue]

71 here, retired a month and I regret leaving the only good job I had in 50+ years. I feel like I had a clear shot at a 100-yard return and instead took advice to run out of bounds after 95 yards. It was a good run, but not a TD. If I had it to do over I'd work that job until 72 or 73. I'm now looking at starting a small business or side hustles.

[@jeffeby2218]

I just hit my one-year anniversary of retirement. I think you struggle if your meaning and purpose were tied to your job. I do volunteer work so it was a pretty smooth transition. I love, love, love the slower pace of life after being on call in IT 24 x 7 x 365 for so many years. I did not try and fill my time immediately. I have been phasing in activities. I have not spent a day feeling lost or missing work. 46 years was enough.

[@HowToRetire]

Jeff, being on call 24/7 had to have been stressful, especially having done it that long. Glad you're enjoying the slower pace!

[@alexandraadams2070]

I worked 46 years as well...started right out of high school and like you, I have not spent one day feeling lost or missing work!

[@HowToRetire]

That's fantastic, Alexandra! Some people struggle with the mindset shift -- and others don't! Sounds like you're thriving! 🙌

[@mikeq5807]

Great feedback

[@bngabbott]

I agree with with your video. I am less than 2 years out from retirement. I am developing my passion project. I saw the need in my father's retirement. After a year he had done all of his bucket list activities, and then he went to do some amazing projects in charity. I think that gave him a meaningful life for hie remaining years.

[@HowToRetire]

Awesome, Brian! Sounds like your father had a wonderful influence on you.

[@sct4040]

I have been practicing retirement since lockdown in March 2020, so retirement is a breeze.

[@HowToRetire]

Ha! So true! I think a lot of folks decided they didn’t want to go back into the office anymore after the lockdowns. Lots of early retirements…

[@Elephantine999]

Good overview. It's hard to plan for what you'll do in retirement while you're still in harness! It has taken my almost a year just to transition to not working after 50+ years! And yes, there has been a big and surprising amount of financial planning as I have switched from saving to figuring out how to draw on my various resources. Tax planning has been surprisingly more complicated than I had thought!

[@christinemason2938]

Great advice, Patrick! A year after retirement, I verify that all 5 of these, in varying degrees depending on your preparedness, take place.

[@HowToRetire]

Thanks for the kind words, Christine! Sounds like you're well ahead of the game in retirement!

[@curtisrandolph1887]

Forced into retirement at 59. Money is ok. Struggling with some bad depression now.

[@HowToRetire]

Hang in there, Curtis. Get some help if you can, my friend.

[@curtisrandolph1887]

@@HowToRetire Thanks. It will pass.

[@gybx4094]

There are some amazingly insightful and helpful comments about this video. Thank you all very much.

[@tony-ce7qp]

im going to give it a shot with no real savings am tired for real,thanks for your blog!

[@HowToRetire]

Thanks for the kind words, Tony. I understand about being tired. Best of luck!

[@jimowens381]

I have been retired for exactly one weekk after working in a hospital for 40 years. I am experiencing tremendous anxiety about being separated from my work family and the hospital in general. It is hard to explain to those who have never experienced working with people in a life and death situation. There is just a bond that forms that is very difficult to explain. I know in my mind I can't work forever but this is just so depressing.

[@gybx4094]

I can't relate to the depth of the medical bonding, but anxiety has hit me hard after my second year of retirement. At least I have a part time job 2 days a week as a senior lifeguard, so that allows me to be around adults and children who need safety. Maybe you can find some type of part time work or volunteering, especially since you have vast medical experience. We lose most of our connections when we retire and need to make new ones. It's very difficult. Hang in there. I'm right with you on this anxiety and depression issue.

[@ly776]

You certainly nailed what the experience of retirement has been like for me on all counts. I would only add, that some of the downsides can continue on long after the first year.

[@HowToRetire]

It can be a HUGE life change, so I'm not surprised that it's taken you more than a year. I hope you can continue to decompress and enjoy retirement! 🙏

[@henrycarlson7514]

Interesting , Thank You. much to think about

[@HowToRetire]

My pleasure, Henry! Thanks for watching and thanks for the kind words! 🙏

[@paulet990]

The loneliness is real. I have grandkids and family nearby, but they are busy with their lives. Also, I am an introvert, so making friends is difficult. Most of my friendships revolved around work. I don't miss working, though.

[@HowToRetire]

@Paulette Daniels -- I get it! I'm introverted as well. There are some days where it's a bit too "peopley" outside for me. Do you have a hobby or creative endeavor that you enjoy?

[@scottfrommaryland7658]

I am retiring before my wife. I'm sure she will give me a list of chores to keep me busy.

[@HowToRetire]

Sometimes that's how it happens, Scott! Good luck and enjoy your retirement!

[@edsiler3260]

The challenge will come when she retires & it's time to give chores BACK to her. Good luck with that.

[@HowToRetire]

Ha! Teamwork makes the dream work, right?

[@mmane257]

just turned 62 in november.i will retire on december 31,2021 with a union pension and the ACA for health care.

[@HowToRetire]

Congrats on your retirement, @mmane257 ! Cheers! 🙌

[@mikepeterson6052]

My dad is the child of Swedish immigrants. Lagom is a Swedish word meaning "just the right amount" or "not too much, not too little". While working, I lived on $33K a year. I retired, moved to Arkansas and lived on $18K before covid. During covid it was $12K. Now I'm around $21K. 3+ years until 65, medicare and maybe social security.

[@sunshinejones8643]

Unfortunately I have a partner who doesn't think of the future. When I ask him to think with me about retirement plans he has no plan despite being 61 years of age. I am 52 and have a target of continuing the next journey of adventure at age 60. Mortgage would have been paid off. Currently focusing on improving my health and fitness and developing a social network.

[@HowToRetire]

@Sunshine Jones -- that's a tough situation. Maybe keep finances separate and focus on you. Glad you're putting time and effort into your health, fitness, and social connections. Praying for you! 🙏

[@claireutrecht2958]

Well paced and informative!! What to do after you retire has always seemed so nebulous-so great to have advice to start planning!!

[@HowToRetire]

Thanks Claire! 🙏 So glad it was helpful!

[@jonscrivner9087]

What is very true is the people you worked with for years, drop off of your orbit. I moved on to another phase in life, the best phase. Focus on retirement decisions, social security, taxes, healthcare. Many decisions that have profound impact on the quality of retirement.

[@HowToRetire]

Jon, I think that happens in seasons of life. There are some friends for a season and some for life. Glad you're living your best phase!

[@TimeIdle]

People should find ways to wean into retirement. It's odd that people would go from working 40 hours a week to all of a sudden 0 hour. Psychologically that would do a number on anyone. Corporations should be kinder to their impending retirees by offering a staggering retirement schedule. Once fully retired, people still need a structured schedule to their day. People need purpose to live happily.

[@HowToRetire]

I couldn't agree with you more, TimeIdle. Structure and a mission/purpose can ease the stress around retiring. Stopping cold-turkey isn't a great way to do anything, I guess!

[@edsiler3260]

I'd agree for the 1st yr or so, but the structure fades away to whatever level you need it. At this point the only structure in my life is trash day. Hours, days, months.... just words. I go to sleep when I'm tired enough & wake when done sleeping. Clock has nothing to do with it. Wife & I don't make any attempt to keep the same schedule either, and we're both quite comfortable with this.

[@staceyford6733]

I started slowing down my spending during my last two years of work. I went from eve shift to day shift during my last 4 yours of work. There was no mor weekend, holiday or eve shift pay, only base pay. I missed that extra $, but learned how to budget my money and changed where I did my shopping.

[@HowToRetire]

Great point, Ed. Some people need more structure than others. (Says the guy who needs a lot of structure... 🤣)

[@HowToRetire]

Stacey, sometimes it's best to slow down before retirement. Sounds like you're making it work!

[@deerhunter3014]

I think the most common determining factors between an easy transition into retirement or a difficult transition are the following... 1) Can you afford to retire; 2) Are you an INTROVERT or EXTROVERT. The extrovert recharges when surrounded by people. The introvert recharges when away from people. END OF STORY.

[@HowToRetire]

Interesting take! Those extraverts need to line up some regular social interactions before they call it quits!

[@klomax7089]

Excellent video!

[@HowToRetire]

Glad you liked it, @K Lomax ! 🙏

[@TheFirstRealChewy]

My spouse would like to spend the time doing back to back international travel... but without having to think about it. The problem is that it costs way more money than we make today and requires just as much work.

[@chrishellize]

Im hoping some of these problems wont apply to us. We are about to sell the farm, so we are already used to spending every moment together, with no one else around. Once the farm is sold we will finally have time for friends and social/sporting interests. If anything, we are expecting retirement to give us a lot of what most people get from working! The only thing that worries me about retiring so early (in his 40's) for my husband is a loss of identity. Farming is all consuming, its a lifestyle and purpose. That will be hard to replace.

[@HowToRetire]

@chrishellize -- farming is no joke! I'm guessing that a "normal" job would feel like retirement in comparison. It sounds like you're asking the right questions and will work through things well together. That's a pretty big change. Does your husband have a hobby or some other focus lined up?

[@jpturner171]

Thanks for your advice Patrick! I retired from the military after 37 years and was surprised by the change! I’m more prepared as I get ready to retire again from the private sector. Thanks for your advice! Semper Fi!👍🏽🇺🇸

[@HowToRetire]

Thanks for the positive comment, JP! Best of luck! 🇺🇸

[@jpturner171]

@@HowToRetire thank you sir I will keep listening and learning from you. I’ve also passed your information onto her three daughters. Even though they are in their late 20s early 30s it’s never too late to start.

[@lynnetrue4103]

Thankfully NONE of this happened to me or my husband...LOVE retirement!

[@HowToRetire]

That's awesome, Lynne! Glad to hear that it's going smoothly! 🙌

[@candacefife6763]

You are absolutely true…. I hate it and already looking for work.

[@jackgoldman1]

My biggest problem. Plenty of money but too cheap to spend it out of fear. Gripping fear of death, disability, and nursing home fear. Not really enjoying retirement at all due to poor social planning. Our worst area is community, no good social group. All the things on your list are all problems for me and I realize, after two years, we need a better plan. Thanks.

[@HowToRetire]

Jack -- there's more uncertainty in the world today than any other time I can remember. It's okay to feel afraid sometimes. Just remember: you can't take your money with you after this life is over! Be sure to use it to enjoy your time. (I also recognize that I need to follow my own advice here! 😉)

[@staceyford6733]

I admit I was nervous my first year, but as an introvert, I know how to keep myself busy. I've started exercising more and have lost weight. I worked in my garden and participate in activities at church. Just take a breath and pace yourself.

[@HowToRetire]

Stacey, that's awesome. Believe it or not, I'm an introvert as well. And fantastic job losing weight! That's never easy. Also -- great point on pacing yourself! No need to try and to it all in one week! 😂

[@luckyone7328]

Recognizing that you have a fear problem is the first step to making your life better. It is ok to just be with it. Sit with it and don’t resist. Write about it to yourself. Simple recognition will create some space to start making a new plan and to expand instead of shrink your life. You’re one of the lucky ones! You got out alive, with money. You can take care of yourself. Best of luck to you.

[@HowToRetire]

@@luckyone7328 -- all great things live on the other side of fear! 🙏

[@outdoorguy845]

I watched a lot of retirement videos but none exactly like this one. Though I like to think I will have more time to fish, ride my bicycle, mountain bike, kayak, go hiking, ride my motorcycle, my Mustang convertible. And I hope the god I never miss work. But I have to agree with everything this guy said, it will definitely be a void. especially working for the same company 34 years. But you have to get Hobbies. Those people who have no Hobbies who don't go to the gym like I do, who don't enjoy the outdoors hiking and biking and doing outdoor activities are going to suffer. Too many people only have their job and watching television. So they end up sitting in a bar drinking.

[@HowToRetire]

@Joe R -- either that or they just sit and watch TV all day. Neither is ideal! I think that having some sort of weekly scheduled activity that centers around an interest is a fantastic way to go. Do you have a regular group that you ride and socialize with? I've been getting back into mountain biking over the last few years.

[@lisadiconti]

@@HowToRetire Yes...maybe I should find a group that meets regularly...I do like to hike...maybe I'll look into the Meetup website.

[@blockmasterscott]

I've been retired for about 12 days now from 20 years in a school district, and so far, I keep expecting someone from management to give me a hard time. I can tell it's gonna take a while to stop feeling that lol!

[@Hawking1969]

excellent! Retirement is a beginning and an end.

[@HowToRetire]

So true!

[@denny5564]

I just quit my job a week ago to retire. Well, after one week I can honestly say my first week felt like a week of wasted time.