Retirement? 6 CASE STUDIES (I learnt something new)

[@kmarritt]

Great video Neil. I used to work in the same Corp you did and nearly spat out the wine I had just started drinking when I saw Mr Russell Prigmore, my old boss, appear in this video. I know both Claire and Karen too and was raving about your channel to Claire at a party we both attended a few weeks ago. You are truly an inspiration to us all and I love watching Sarah and your content. Keep up the great work, I am sure it will lead to great things for you and Sarah and all of your followers.

[@2GoRoam]

Hi Kenny! Lovely of you to get in touch. We had a great week with Karen, Claire, Derek and Russell as you can imagine. Appreciate your support, had no idea you watched our channels. All the best, Neil

[@markandannette]

Interesting talk, I do enjoy your format and it is thought provoking. Like you I had thoughts of taking a lesser job to get out of the pressure cooker of corporate life.

[@2GoRoam]

Thanks Mark. You might like where I'm going next with the Channel.

[@user-bg9em7ch6k]

I really like the distinction between retiring (which never appealed to me), and having financial independence, which absolutely does 😍🥳💃

[@2GoRoam]

Yes, I do too. Sarah and I have 'retired' but... We have two KZbin channels... so is that retirement? Fortunately we achieved Financial Independence long before we tried KZbin. These channels are what give us purpose and to your point, we find the prospect of doing nothing really unappealing. So we have the financial independence to do what we want. At the moment... we want to do KZbin but that could change overnight :-) Thanks for the comment. Neil

[@BoninBrighton]

@@2GoRoam I see a distinction between working at your YT channels for fun/hobby/interest in retirement versus because you need the income from YT which isn’t retirement as it’s the ££ that then have the power over what direction you take.

[@thepropertyflipper]

We've started flipping houses to get to retirement earlier. Each one takes a year off working. We love it.

[@2GoRoam]

That sounds fantastic and you are building skills as you go. Great to have a business idea that you know will help you throughout the rest of your life. Thanks for sharing!

[@judebutler535]

I am very envious of you all. I’m 53 and a half 😂and I’m planning to go at 55. I would have done 25 years in the military and 12 years as a police officer by then. I literally can’t wait, paid for house, car and campervan all waiting for me….knowing my luck I’ll have a heart attack in the first month, when all the stress drops. Love your videos, always an inspiration.

[@geoffreycox7021]

Informative and entertaining. Thank you!

[@2GoRoam]

Thank you Geoffrey!

[@Jackjhumphries7]

I retire 3 years ago at 54 from the fire service took a few months to adjust but now I embrace it fully. I have 2 teenage kids I am financially comfortable my wife still works she is 45 and will retire at 50 .One bit of advice somebody gave me a few years ago was don’t retire when your so old you don’t get the benefits prepare so you can enjoy it while your still relatively young and healthy enough to enjoy it

[@BoninBrighton]

Artists and Musicians don’t really ‘retire’ because it’s their passion in life. Many people love their working life identity ….especially the creative folk. My hubby was very happy to stop working aged 60, I slowly reduced my hours in my 50s then fully stopped aged 60.

[@2GoRoam]

Totally agree, why retire if you are an artist of some kind as the artistry is is feeding the soul. Appreciate the comment! Best wishes Neil

[@simonmiller1773]

These are your art and no doubt will continue providing superb content for years to come. Really insightful, wife retired early and I am too next year and plan to travel the world so thank you for the advice and tips and trips

[@BoninBrighton]

@@simonmiller1773 we thought we’d travel the world but soon discovered that 3 mths was the max for us then home. We’re currently in India. The freedom never fails to surprise us everyday- even now 6 years into retirement.

[@johnpeters7003]

Well it was nice sitting opposite you for a while. I think I am more like Claire, I planned my retirement after 38 years and built in a big OFF switch. The day I retired I hit that OFF switch. The corp world gave me the pension I needed. I loved my job but once I hit the off switch, that was it. Now on day 68 of retirement and loving it. Not too soon or too late. I am not a traveller. Your videos are all the travel I need 😀 , thank you.

[@2GoRoam]

That's really interesting John. I love the way that Claire has approached her retirement and you do seem very similar. Knowing what you need for each part of your life is important but many find that difficult to do.

[@MacroHiker]

Great video. Really enjoyed the nuances of different outlooks on life. Keep up the good work (retirement 😊)

[@Backtoreality1873]

Sounds like that was the seed crystal that grew into this KZbin gig? Appreciate you sir!

[@2GoRoam]

Interesting! I would say it wasn't that but maybe looking back maybe subconsciously. As you probably know it takes a very long time (if ever) to make money from KZbin, so I think if I had that thought process, I would have done something for immediate return, such as teaching English as a foreign language online. We earn some money now on KZbin so I guess if I knew now what I knew then, maybe Sarah and I would have taken KZbin seriously from the start. Thanks for the comment, appreciate it. Best wishes Neil

[@aca99da]

Great video, I enjoyed hearing the range of perspectives! What I take away from it is that everyone is different and you have to work out what is right for you in terms of whether to retire early or not and how to spend your time.

[@cannonfamily8459]

Thoughts on early retirement, traveling but still having elderly parents you need to help/support/care for? Retiring in your 50s means probable your parents are still alive. Children grow up and leave - parents don’t

[@angelajones5664]

Fabulous to see the gang having a wonderful time and enjoying retirement 😂❤x

[@2GoRoam]

Cheers Ange!

[@DanKeeley]

Probably if you'd joined a startup, you'd have enjoyed it more. Probably FI quicker too.

[@charleslupica]

Hello Neil, greetings from St George, Utah. Always like hearing your perspective on things.

[@2GoRoam]

Thanks for listening Charles, pleased you enjoyed it.

[@wakeywarrior]

Nice place St George I’m from UK and went there about 23 years ago and we went to Zion.

[@charleslupica]

@ unfortunately, you can’t just go to Zion NP most of the year. You have to make a reservation. I think you can go to Kolob Canyon ad hoc and the east side (I think). My favorite in Utah is Bryce Canyon National Park.

[@charleslupica]

@@2GoRoam I can relate to much of what you talk about. I sort of left the corporate world around your age (51) about 20 years ago. Wildly different circumstances of course.

[@58slewins31]

another great video.

[@2GoRoam]

I appreciate that, thank you.

[@VietnamSteve]

Love the walk and talk 👍

[@bluemanchester4344]

My thought process mirrors yours almost identically! I'm thinking all the time. We're in a very nice guest house in Cascais Portugal. I'm thinking I could do this. Continental breakfast, eat what's left over for lunch. Get someone in to do the housekeeping. An hour later I'm buying gifts on a Christmas market thinking I could run an old roundabout!

[@2GoRoam]

Haha yes, sounds like we see the world very similarly. Good luck with the roundabout :-) Cascais is a gorgeous place eh, we hope to get back there one day. All the best. Neil

[@bluemanchester4344]

@2GoRoam Probably like you I just like to know things and do the numbers. I never switch off. I actually don't need to do anything save for a catastrophe. Roundabout would be a loss maker because I'd hardly take any money off anyone. But I'd make a lot of smiles. That last travel video resonates aswell. Sarah's a different person on the Ireland videos. If only I'd read the Warren Buffet book my brother bought me when he worked at Barclaycard (in storage) I'd have had double the money at the very least. Only started in managed funds eight years ago and very recently with the low cost ETF's. Hedge fund managers are the biggest con artists beside politicians out there!

[@livingworkingoutsidebox]

I was kind of forced into retirement. By falling off a roof. In my mind I should still be able to work. But in reality who would hire a 58 yr old who can't sit or stand for 10-15 minutes at a time😳 I had 4 years of being mad, now I'm doubling up on building my strength 💪 and getting leaner and healthier again. Started the carnivore diet 2 months ago. Dropped almost 30 lbs, so far. 😊 More energy and less brain fog. The goal is to be able to slow travel the world 🌎, like you, with my wife when our daughter goes off to university in 4 years. I did have to change how I saw myself. No longer Dave the Roof Inspector 😢 😕 🏠. Now I'm going for Dave the Viking Fashion Instagram Influencer. 😳🤣👍😉

[@2GoRoam]

That's brilliant and inspiring! Go for it Dave, sounds like a great future for you.

[@livingworkingoutsidebox]

Thanks but more thanks for these videos too you . Extremely motivating 😊

[@thomasforster5089]

Your weekly video is usually my Sunday morning entertainment with my first coffee of the day! And you didn't disappoint 🙂 I will "work" until I can't do anymore what I like (traveling). For the last couple of years I worked 50% from Europe for a few months and from South America. Next year again I will work 50% from Peru for 5 months. I am ready to get retired, but as long as I can work from anywhere in the world for my company I will do it. But that comes probably to an end next year as my company wants people near the office. That is perfectly OK and I will just continue to do extended trips, with or without being employed. I love your videos. Keep up the good work!

[@Mikey374]

I like travelling but it’s even nicer to return home again.

[@scottjackson163]

I have a number in mind. I’m close to that number now, but not close enough. I’ll be finished working one year from today. The idea that anyone would presume to know when another should retire is daft to me.

[@MrKlawUK]

Even if you love what you do, it makes sense when you’re in your 50s to at least plan out what retirement could look like - even if only as a defensive action to understand how you’d be able to handle things if you weren’t able to continue in your current job (at your current salary level). If you love your job and your job loves you then thats a lucky combination. But don’t ever forget most people are cogs in a machine and you may not have the choice

[@2GoRoam]

Mr Klaw, you are absolutely right. None of us can predict the future, so although we may love our jobs today... anything can happen tomorrow, so focusing on planning for the future is really important. Thanks for the comment.

[@SandraT1107]

My situation is totally different. I had work that I really enjoyed which was poorly paid but offered a reasonable defined benefit pension later in life. I don't have money to invest as such.

[@bartz4439]

That sucks. I'm working in similar company now. It's shackling yourself to work and forces to work until you reach retirement age. It's just so sad when you hear she folks passes at age 60+. What was the point then to build great pension pot?

[@SandraT1107]

I don't work there now. I would retire tomorrow if I could but found something which is school term time only so at least I now get 13 weeks a year off :)

[@kjcornish3468]

I am personal trainer as well as a gym manager. My gym manager job is linked to my 'day job' as I call it. I plan to continue doing my personal training (I am 64 yrs old) as that really is getting paid to do my hobby. I want to keep managing the gym as well but that still needs to be worked out. I am lucky in that I don't need to work at all so have financial independence. Also, I like ironing and considering setting up a business doing that for people. How many professional MALE ironers are there?

[@Robby767]

I’ve always been curious about how others approach money. My story has been a rollercoaster-racking up credit card debt in my 30s, paying it off in my 40s, and now realizing I have barely $120k in savings. Retirement feels so out of reach sometimes, especially with inflation eating into everything

[@2GoRoam]

Hi Robby, I had the same issue when I was younger. Sadly we didn't get educated at school about money so its no surprise that so many of us just didn't know how to handle the money in our pocket. Keep going man, I know it's tough and I really feel for you. $120k is a great start, keep on building and it does get easier. Appreciate your comment. Cheers Neil

[@thetreekeeper143]

120 thousand isnt bad. The first hundred thousand is the hardest.

[@chrisleach5719]

Hi Neil, when are you gonna start the Spanish house video..... very interested 🌞

[@MartinSheldon-r7e]

They're doing it when it's been on the telly box.

[@2GoRoam]

Hi Chris, Thanks for the question. I can imagine you are frustrated :-) for us... blimey, we can't wait! We have SOOOO much to say. Talking about the process and how life changing it has been for us. I have heard from the Production company yesterday to say that we will NOT be on the show in December or January. Disappointing but I know they have a backlog to get aired first. When we know we will let everyone know and then there will be lots and lots of Spanish house content. All the best Neil

[@BoninBrighton]

@@2GoRoam when we were on one of these shows it was filmed in May and aired the following February. BTW it’s been shown about 4 times in the UK since 2019 and also in Australia twice!

[@rayleggett46]

Not sure if I missed it, but did you get your dad's grass cut?

[@davidleather7212]

Hi Neil, I love your videos, but I have a question about selling up and travelling the world, which I think you do tremendously well. But , can you share your plan for let’s say the last 25% of yours and Sarah days, or even god forbid some serious medical issue occurs. Where will you land ?

[@ivanbeacon5883]

It's all about numbers though. When you retired how much did you actually have?

[@dale5710]

Nothing I enjoy more than watching someone walking.

[@fionavernon]

Watching this as I approach 40. Just curious to know if you'd prioritise paying off your mortgage or investing at this point? Hope to travel in retirement, but a home base is important for us too. Many thanks!

[@2GoRoam]

Hi Fiona, For us, we totally prioritised saving money and investing in the right vehicles and kept our mortgage ticking over. This was because we had a mortgage rate less than 2% at the time and investment returns were much higher. For that reason, I'd say that you have to take a view... if Interest rates on a mortgage are high then maybe do something different. Hope that helps. Best wishes Neil

[@fionavernon]

@2GoRoam Thank you for your time! I look forward to more of your videos in the future, it keeps me motivated to prioritise where my money goes now so I can have financial freedom sooner.

[@melike1984]

You really did not like your Corporate job did you...🤣 Glad it's over for you now, Do what you enjoy doing and make it your life, just cut your cloth and expectations to match it and you will be on to a winner. Happiness to me is always in the mind first the rest gravitates towards this. Over comparisons with others kills my joy. Purpose and passion are the nutrition to feed the soul.

[@2GoRoam]

Haha does that come across that I didn't like it? ;-) Purpose and passion are everything eh!

[@BoninBrighton]

@@2GoRoam I do wonder why you didn’t simply change jobs?

[@rebeccagreen692]

That must be lovely for Derek to have a job he loves. I wonder what percentage of working people would agree with him. Pretty low, I would think.

[@JohnCarlyle]

I have a job that I used to be a hobby as a kid. But after 33 years of doing it 5 days a week it becomes tedious. Going part-time would be ideal, unfortunately employers tend to only offer full-time in this line of work. But going part-time could be an option for others instead of quitting and doing something completely different.

[@2GoRoam]

Yes, the way that Derek approaches life is wonderful really. He is a bit of a Peter Pan and I think wakes every morning excited for what the day brings. I think that means he really is doing the right job for him. He also did a great job decorating our kitchen before we sold our house to travel the world fulltime.

[@LumpyMoose]

I’d retire tomorrow if I could afford it! I’m 54 …

[@Joe-lb8qn]

Take a leaf out of Tom Nash's videos. He gets right to the key points in the first minute. He doesn't drag it out to the very end. I think he has 400k subs, and id say thats because as well as good advice he gets right to the point. He doesn't waffle for 20 mins and then deliver the key points. Watch the first one minute of any of his vids. Try it. No 20 min intro bs needed.

[@2GoRoam]

Thanks Joe. There are big changes coming for the channel in a couple of weeks. Hope you enjoy what is coming 👍

[@carlyndolphin]

I actually enjoy 2GoRoam

[@MartinSheldon-r7e]

Hardly. I've just watched a video of his at 1.5x speed and I switched off before he got to the point at three minutes. He does however offer some reasonable advice. And his average videomis well over 15 minutes.

[@BoninBrighton]

@@Joe-lb8qn I find him irritating….