RETIREMENT REGRETS: Top 5 regrets from elderly (70-80 yrs old) retirees!

#RetirementRegrets #RetirementMistakes #RetirementPlanning
I had the chance to take with may senior (70-80 year olds) retirees and asked them what some of their biggest retirement regrets were. Here are the top 5 regrets from the senior retirees!
I hope you find this helpful and/or enlightening. If so, please leave a like and consider subscribing if you enjoy this content.
* DISCLAIMER *
All advice given is my opinion so please take it for what it's worth. Only you can determine what is best for you. Sharing my experiences and advice is just that, sharing. Hopefully it can help but it might not. Any financial advice I highly suggest talking to a registered financial consultant.

[@charlespratt8663]

Nobody ever looks back on their life and says " I wish I spent more time at the office".

[@ROForeverMan]

Yet they do it, even when they have enough money, lol. Because they have no well defined personality to know what to do with their lives.

[@jessdarlington1007]

Most people say they wish they had taken more risks, but yeah not worked more for the same money.

[@3012401472]

Work is just a complete ball ache

[@joemdee]

@@charlespratt8663 and nobody ever said I wished I had been retired longer and bored stiff with nothing to do and nobody to talk to but my wife.

[@davidcattin7006]

Yeah, I feel like the people who say they "love" their job so much, they can't see leaving are just kidding themselves. They probably don't have any idea what to do with free time, and that's so sad. LIVE! There's stuff to do! Who runs your house, pays the bills, buys groceries, arranges activities and SO MUCH MORE! When I finally get up I have some tequila and tidy the patio, the porch, and the deck in case someone stops by. Go get some breakfast, go to the coffee shop, grocery run. Get on the computer. Learn something. Read. Nap. Yard work. House cleaning. Laundry. Ironing. Bike. Walk. Goodness! Unless you have a staff of servants, all of this is on you. It counts as stuff to do! Get out. Meet people. Join a club. Start a club. Volunteer. I couldn't wait to retire at 56. Best choice I've ever made. Regards from Indiana!

[@davidcattin7006]

1. Retired at 56. 2. Never had a problem spending money. 3. At 68 I'm in good shape (don't take any medications). 4. Hobby? I have a big house and a yard to take care of. I walk, bike, lift weights, visit with friends, go to shows and other local events. 5. I have traveled and don't care to anymore. It's expensive and a lot of work. If I get in the mood, I'll go, but happy enough to stay home. Regards from Indiana!

[@glorgau]

based!

[@Fegga1955]

Bow to you🎉

[@rabheehaw4392]

Good for you mate👍

[@Roseau1]

Spot on. I retired at 55. Actually make more on retirement. I traveled in my early 50's with my now ex wife. Don't care to travel anymore. I have a 160 acre hobby farm, seven acres of lawn. Busy as I want to be. 67 now, no meds, walk every morning for one mile. No alcohol or smoking, chewing. If one wants, take a part time job to feel worthwhile. Don't chase gold. Enjoy your deserved life. Nothing wrong with watching TV show, movies or eating out.

[@nvrdnkmidas]

Well said, I retired at 62 loving ever minute, more time for my children and grand kids.

[@chucknorris5141]

My Grandfather busted his butt his entire life. Finally retired and his brother got sick so he spent 2 years caring for him. Slightly after that, he was diagnosed with Leukemia. My father worked longer than my grandfather only to have his wife be diagnosed with MS. Enjoy life while you can. Nothing is guaranteed.

[@myretiredlife13]

This story should be a reminder for everyone that nothing is guaranteed!

[@chrisbertrand3989]

My dad worked and saved to enjoy retirement but he lost his battle with colon cancer at 52 and never got to retire, hard work, and planning for the future are important but dont forget to live so you done have regrets

[@BessieSimmons-tb2bc]

My mother just passed away at 88 years old a few days ago. she worked until she was 84 and was forced to retire she flat out refused to retire she felt she'd die if she retired. After she retired, she injured her leg and was bedridden for the last 16 months. on her deathbed, she begged her grand- daughters not to be like her mom said that she wished she would've retired a lot sooner and enjoyed life. Mom gave a lot of the money she made to the church and all, but a few came and visited her in her last days it's so sad.

[@rabheehaw4392]

So sorry to hear your story, I hope you enjoy your retirement.🙏

[@janerockstar]

You have that same strength as your Grandfather, it's in your DNA.

[@khemkaslehrling3840]

Very well done. Thanks for the overview! 1. Retired earlier 2. Spent their money earlier 3. Taken better care of health 4. Taken up a (challenging) hobby 5. Travelled more

[@Elaba_]

Don't cry because it's over smile because it happened.

[@myretiredlife13]

Love this post! Great advice!

[@JeffPower-dv3zl]

Brilliant 🎉❤thanks 😊

[@kortyEdna825]

Am 58 retiring next year but the thought of retirement gives me weakness. 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 or loved ones to fall back on.

[@PatrickFitzgerald-cx6io]

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.

[@carssimplified2195]

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 $250k since then.

[@foden700]

-This is exactly how i wish to get my finances coordinated ahead of retirement. Can I get access to your advisor?

[@foden700]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@User39.]

I retired at 57...bored to death

[@NoMoreTears64]

I retired at 62. I did not plan to but didn't want a certain medical thing put into my arm. I believe everything happens for a reason. I was able to spend much of last summer with my 29 year old son while he temporarily stayed with me. THAT was a gift that I have come to treasure because he died suddenly last November. So, I would say, "retire when you can and enjoy your family " you never know when it will be too late.

[@conniejoosten4627]

Hoping that certain medical thing you didn’t want to put into your arm wasn’t a Covid vaccine? I’ve had 3. I have not had covid yet, but know it could probably prevent me from dying if I do. I’ve been exposed several times 🤞 had an uncle that refused to get vaccinated die from 2 strokes and then a massive heart attack, brother’s best friend died from Covid very quickly, my friends husband who spent 5 months and transferred to 3 different hospitals attempted to save his life yet he passed from it. and several neighbors died from it. Hopefully your sons sudden death wasn’t in any way related to Covid or it’s side effects

[@The_Good_Life_starts_today]

My condolences for your loss.

[@icedteamama176]

Condolences..so sorry for your loss. 🙏

[@marcwhite902]

Sorry for your loss

[@thullraven1]

I lost my son to suicide when he was 17. So sorry for your loss.

[@johnpierce673]

I work in physical therapy in a skilled nursing facility, I’m 64 years old, and have every intention to keep working past 67, at reduced hours. The one piece of advice I can offer to absolutely anyone but especially to the 50 plus population is exercise. It really is a question of use it or lose it. I’ve seen the entire spectrum, people a decade younger than I am who will be maintained medically for several years with no real quality of life, and people 100 years old or more who still get around amazingly well. Movement is the key

[@myretiredlife13]

Without health, money, time and enjoyment are certainly reduced!

[@kenlandgren4701]

I was a US Army Officer and retired at 45 with severe PTSD. I was fortunate that I did not need to work, thus I could spend time on healing and pursuing my interests. I wrote a cookbook and PTSD healing book. I have immense gratitude for being able to retire young,

[@myretiredlife13]

1st, From the bottom of my heart thank you for your service. 2nd, I am glad you are healing/healed, I cannot imagine what you have gone through. (refer to my 1st point) 3rd, good on you for your books. I'm sure they will help many people. 4th, Thank you for stopping by and dropping this comment. #EnjoyYourRetirement

[@MrConan89]

PTSD is a wonderful con.

[@ScooterOnHisWay2024]

​​​@@MrConan89And you are a not so wonderful stooge. Stay hunkered down in your basement, little boy.

[@andyjones9386]

​@@MrConan89Explain please.

[@eggs1813]

Thanks for keeping the video short. Most other youtubers would make this 30 minutes. :)

[@myretiredlife13]

I'm trying to keep all my videos between 5 and 10 minutes. The odd time maybe more but I know what its like to long drawn out videos! Thanks for stopping by.

[@markkrull556]

Agreed I’ve watched a lot of retirement videos and damn some of them are just so long. I’m growing a beard.

[@myretiredlife13]

@@markkrull556 Thanks funny..."Growing a beard!

[@Riggsnic_co]

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

[@JacquelinePerrira]

Got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell later when they go up. Just do your homework and be aware of the risks before diving in!

[@kevinmarten]

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

[@rcas350pilot8]

the scammers are here.

[@fromthepeanutgallery1084]

Even if you own a home it's difficult. Property taxes go up. Our home owners insurance went up 400% because of the incompetent So Cal Edison fires and the incompetent fire department for putting them out.They keep on adding stuff to property taxes, like schools, trash and sewage which can got up as much as they want pushing the bill up and if you don't pay, you loose your house.

[@ralph95]

you will retire to your grave!

[@kater8730]

Biggest problem is when one spouse wants to stay at home and watch TV and the other wants to travel and meet people and get out and see the world. So frustrating when you aren't on the same page and there is no desire on the part of one of the couple to change.

[@zoner__]

I have that precise problem. Bags of money for travel and hard to get the wife into the habit. Slowly changing her but we wasted 10 years of retirement.

[@ROForeverMan]

Why did you marry her in the first place ?

[@PeterKiernan]

Go and travel without them

[@gbone7581]

The secret of a successful marriage is not to be at home too much. - Colin Chapman Lotus cars founder

[@williamcollins2232]

What I'm glad I never did.....was get a DOG! Just adopt children. At least they grow up and leave....well...some of them. Pet the neighbor's dog. It's good enough. Or get 2 cats. They'll bond and you can leave them to their on devices for DAYS.

[@Matt-nj]

I'm just 67, but I retired when I was 55. I hated debt so since my home was paid off, I froze my credit in 1997. I began to travel when I turned 40 and I had a beautiful place in Dominica, West Indies, where I would visit for 2 weeks twice a year. I was in a lot of jungles and volcanoes. I had a good sum of investment money that I converted into precious metals starting in 2017 and the value has nearly doubled.. I have more now than I did when I retired. I have a home on 4 acres and I grow a lot of my own food. I got solar in 2016 that gives me free power and pays me $460 a year in solar credits. I enjoyed the video because it confirmed that I did the right thing. The notion that I would have spent the last 10 years working is an awful thought! Best of luck to all who see this. Cheers!!

[@myretiredlife13]

What a cool story (life). I'm retired 10 years now and I could even think of working the past 10 years. They went so quick!

[@BWater-yq3jx]

Around 45, I could feel my health worsening and body breaking down. I've never slept well, was frequently woken up by idiot neighbours, and had to get up early to work. I figured I better change something, and the last one was do-able. I quit, travelled, moved, and pulled back to part-time, with no early starts, ever. Now, if I need to get more sleep, I get it. Not only did I arrest the health decline, I reversed it. So now, 10 years on, I'm in better condition overall than I was 15 years ago. I'm semi-retired now. I like to keep up a bit of work at what I'm interested in, but it does need to interest me. Some things don't motivate me so much anymore, even things that you might think would... I used to be a professional musician and guitar teacher; dropped the teaching, but I still don't mind playing in small doses, maybe an hour or so. However, more than that and I'm just over it. I think you need to anticipate that you may not always be the same person, mentally and physically. And I don't mean so much in terms of capability, but inclination. i.e. you might just find eventually you don't give that much of a fμςκ about some things, lol.

[@myretiredlife13]

Great insight. My wife is a certified pianist (grade 10, highest level in Canada) and plays once in a while. She just went on to other interests at retirement. When she does play, I put down everything and lay on the couch just to listen to her magic fingers striking those pearly white & black keys!

[@jackv.527]

Retired at 55 (3yrs ago)...and a key lesson learned so far in addition to the 5 you mentioned...is make new friends...you may outgrow your life long friends cause many of them can't or won't retire...so find people that are in the same phase....it's wonderful but it does take effort.

[@myretiredlife13]

True.

[@trlspann]

Great tip.

[@kevin7151]

I retired at 57, 7 years ago. My wife and I saved and invested early allowing me to exit the workforce when I did. We are not special and believe most people can do this with the appropriate level of planning and discipline. The key message I would communicate to others is don't delay retirement if you have the financial wherewithal to do so. Too often I have seen many people delay retirement and then experience health issues which constrain the very things they wanted to do post-retirement. Moreover, the most significant benefit of retirement for me is that I no longer have to deal with people I do not want to. That has proved to be the ultimate blessing.

[@myretiredlife13]

Great comment. I'm like you, anyone can do it with a little discipline. I don't miss dealing with people I didn't like as well. LOL. Thanks for stopping by.

[@elaine1743]

How to do get heathcare coverage? That's the only thing preventing us from retiring.

hell yeah, save and invest and don't make excuses for not doing so.....I retired my 2nd time at 55....loving life

[@elaine1743]

We have the money but what are you doing about health insurance? Not risking not having that.

[@kevin7151]

@@elaine1743 We have private health insurance bought via the ACA marketplace. I have family coverage (wife, two sons and me) that isn't great (bronze) but provides adequate protection in the event of some serious illness. I also have family dental insurance. Health insurance is about $21K per annum and dental is about $2.5K. I go on Medicaid in mid 2025, but will still need to provide coverage for my wife and children. I do know that this is the biggest reason that people remain in the workforce longer than they would like.

[@mikebrzostowski8183]

I am 73, retired at 72, due to open heart surgery . I was in manufacturing for the last 36 years. I miss the work, enjoyed it and it kept my mind sharp. I have fallen into "do nothing mode" and I have to get out of it. My biggest regret is not yet coming up with a hobby building, crafting items for pleasure and sell at flea markets, etc . I want to write a book of memories, got to have daughter to help me find a lap top. Would like to travel on the rivers, I'm single and a regret is not having a woman to be my partner. I guess I need to "strap on a spine" and get busy. Tired of T.V. UGH!

[@lobstermania4025]

Yes, get out and enjoy nature. Their is a whole new world waiting for your input!

[@myretiredlife13]

Yup...use the Nike slogan for inspiration..."Just do it"

[@kelleychilton2524]

Isolation is a big problem for single retirees. Go do some volunteer work, there's probably a charitable organization in your area that needs volunteers. Also, learn to play a musical instrument or learn a foreign language. These things will keep your mind engaged and sharp. Start exercising if you're not already. Physical movement is essential, probably the number one cause of premature death is lack of exercise. And one last thing ... turn off the damn TV.

[@bigkemna87]

I know that my dad has a dog that keeps him on a schedule and keeps him smiling with all the cute things they do. He is 87 and still has that responsibility which I know keeps him feeling useful as someone-thing relies on him. It's just a small little 15lber and I think it's the perfect size for him or anyone as we get older. I also have a dog. Mine is 70lbs and he keeps me busy as well. Not sure if I will ever get another dog as I love this one so much and can't imagine replacing him but if I ever do it will be a small dog, unless I buy a big property where the dog can run off leash. Big dogs are strong and can cause injuries even for young people just due to their being excited and wanting to run or play.

[@mikebrzostowski8183]

@@bigkemna87 thank you for your info and insight. I would like to get a small rescue dog but in apt. No dogs. I will find something to do, I've got to. Take care

[@onlyhuman3767]

The hardest thing in life that a lot a people forget is… “Be grateful for another day above ground” a daily walk around the park to a long flight to where ever don’t waste it

[@gingerkilkus]

Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k.

[@CharlesArthur-fq5sx]

This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.

[@williamDonaldson432]

Its unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $287k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.

[@foreverlaura-fq4eu]

@@williamDonaldson432 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.

[@williamDonaldson432]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Marie Holt for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@Franklin-gq4si]

Annette has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.

[@outbackwack368]

Great insight, thank you for this! We retired at 55/57 from Boston to Phoenix in 2017 (now 62/64). Thanks to very low interest rates, we opted to refinance our Boston house in 2010 after the crash and buy the house in Phoenix for $168k cash, and it's now worth $575k. Yeah, we volunteered and had hobbies but still sat around way too much watching the boob tube. We bought a truck and travel trailer and did a 1 week trip every month for a few years until selling them in 2022. Then we bought some land near Knoxville, TN for the next move and bought a used motorhome and a new Jeep to pull. 1 year ago we decided to rent out our house in Phoenix and go full-time in our motorhome until we start building our new home in 2026. We are now on day 355, 11,500 miles, campground 80 and state 25 on our way to seeing all 50 states before selling the house in Phoenix and settling in Tennessee. Afterwards, we'll rent out the motorhome for passive income and start doing cruises and international travel again. I'm on my 2nd bout of prostate cancer but had radiation last year, and 6 months later I can still ride my non-electric mountain bike 50+ miles at 11mph average and hike for hours. Because of the cancer gene I opted to take social security at 62. And I'm with you on the "too much sweets"! For the younger folks, my advice is INVEST as much as you can as early as you can (start with any S&P500 ETF)! We'd been investing 20% of our income since our early 30's and delayed buying and spending beyond our means. Now, we can pay cash for a new $600k house, and we both earned under $100k/year. DINK helped a lot! (Dual Income No Kids) LOL!

[@janicenunn8525]

I traveled to Alaska in my 30s and heard from many seniors who were trapped in group tours, envious of our youth and ability to hike hunt and fish remote places, and travel freely and sleep anywhere in a tent. Never forgot that lesson.

[@myretiredlife13]

I used to do the camping anywhere with a tent when I was very young. It was a blast. Couldn't do that now, well I could, but it wouldn't be near as much fun!

[@davidcattin7006]

They made the decision to join a group. "Trapped" makes it sound like they were conned into something against their will. A "senior" in decent health can still get around on their own without doing a group tour. Also, some of those are not so rigid that you can't go off on your own some of the time. Regards from Indiana!

[@janicenunn8525]

@@davidcattin7006 good point, I am now a senior and can still get around knock wood good health

[@bennym1956]

Camping nope ! Sleep in a very good hotel, Yes !

[@janicenunn8525]

@@bennym1956 hotels in remote places are few and far between, some of the most beautiful places. Besides, we were not emphasizing accomodations but rather activity available and what the travelere is able to physically handle. I've stayed in plenty of luxury hotels, that is not the goal in a place like Alaska.

[@michaellane1316]

Wisdom completes the circle. I retired at 67, by choice and financial. Always have been active so have the this covered. We all have our weaknesses in life so just try to keep those in a somewhat check. Eat healthy for the past 25 years, trail run, bike packing, road cyclist, kayaking, walking, property upkeep. I keep it as, "Always Something". Allow down time when I push too much. Have a sprint, olympic, half tri to do, a 50k trail race, gearing up for the Great mountain divide race in 2025, 2700 miles, run the Grand Canyon, rim to rim to rim. Hike the PCT, certain sections at a time. Will compete @ 70 in PRS, Precision Rifle Series. Have a few RC planes to fly yet, just starting into fly fishing, a little gold panning. We have our garden to tend to. Had horses for 25 yrs, did pet animal rescue for the past 20, no longer into helping with animals and all horses are gone. We will travel some. Wife doesn't care for travelling so much, neither of us care for crowds of folks, this and the fact that there are way too many idiots out there on the roads and no one seems to care about being accountable, respectful of others. If I want to to see something, I take a trip on the computer, saves me time, money and stress. My brother retired at 60, has traveled all over the world, now at 66, he's done. Everyone has their own piper to follow. We simply keep busy in our own backyard doing what keeps us happy. Building memories may be big with a lot of folks. I have a photo graphic memory so, never or seldom take pictures, wife is complete opposite. Looking at old memories helps folks recount but for me, it's what lays ahead that keeps me ticking.

[@lobstermania4025]

Wow! I had to sit and rest after just read ing what you do! Kudos!

[@WendallScott8414]

"My brotha, from another motha".. I wished that I had read something along these lines, at least ten years ago. From the looks of it, a quarter of what you have already accomplished, would have taken someone else a lifetime. The more I read, the more admired of your choices I became. I would go so far as to equate your curiosity and courage, as that of a modern day Ernest Hemingway (+1= you & wifey). Anyhow, continued success and the best of health for you and all of whom may be in your orbit of association. ☮️🤞🏿

[@JosephPetrucci-ht2gr]

Retired at age 54..started another career age 55..I am 83 at next birthday..no immediate change plans..nothing to regret Everyone is unique there's no one size fits all 😊

[@myretiredlife13]

I have been saying that all along. Everyone situation is different!

[@CBCycles]

How I envy those who retire at 55! Not in the cards for me due to earlier financial difficulties. I’m 61 and will work 4 more years, but I enjoy my work so it’s time not fully wasted. I traveled extensively in my younger years and have no desire to venture outside my beautiful property, am in great shape “for my age”, and have a wonderful hobby restoring old motorcycles. So a few of the boxes get checked. Thank you for your video!

[@myretiredlife13]

I was lucky to retire at 55. You're lucky you enjoy your job and you will appreciate your retirement that much more. What a great hobby you have. You tighten a bolt, then have a coffee. Straighten a fender, have a coffee. etc. LOL. Have a great weekend and thank you for stopping by.

[@hallstrr]

Like you I traveled extensively in my younger years for work and really enjoy just staying on my wonderful property

[@grantbradley5084]

I stopped working full time at 38 years old. Worked 3 days a week, and retired completely at 61. At 67 years old I hit the gym 6 days a week. Life’s good.😊

[@theelephant2887]

A couple of questions if I may 1) do you have kids?. 2) are you in the US?

[@myretiredlife13]

Good stuff

[@ownyourtime7]

Well done, especially the gym, Physical health, mental health, & financial health, get these 3 sorted and you have landed , also bugger what any one else thinks

Nice video: I retired at 55, I am now 57...I saved and invested, I didn't make excuses for not saving and investing. I always had my house, always had a nice car but didn't need the best of everything. Now I do what I want, when I want and where I want.......

[@noraventresca3921]

What about health care?

[@ryanray6215]

@@noraventresca3921 Your best health care , pharmacy and all doctors are in your butcher shop . Most people don't understand that fact anyway .

Ok

I am retired military so I have little to worry about there

[@myretiredlife13]

In Canada we have universal healthcare that we have paid dearly to have when we worked.

[@stevenmccallan9202]

Many older people can't retire at all due to the cost of living.

[@RICHARDH.-cd5vh]

You have to be prepared, get and stay out of debt. Retired at age 55, now 78. Never changed my standard of living. Not rich, retired as telephone man.

[@myretiredlife13]

Very true. Everyone's situation is their own. If you could retire earlier, and that's a big if, then I suspect most people would. in today's economy though it is much harder than ever before.

[@myretiredlife13]

Preparation is the key. I am in the same boat as you. Not rich, retired as a gas fitter. I'm just 65 though.

[@dougprw1110]

Cost of living is really cost of overspending for most. How often do they buy new cars? Waste on junk foods? Waste on Starbucks and similar?

[@chrismd00]

Save 15% of your income through life and you’ll probably have millions. Those people didn’t prepare

[@wuddayameen]

Retired last yr @70; no regrets; was concious decision; not like I didn't enjoy myself before retirement; not really a traveler; health ok so far; not like my life is special - it is what it is; basically i met my goals and obligations. hope to simplify lifestyle this year and then relax; dad made it to 86; hope i can too.

[@myretiredlife13]

Like I said in one of my replies...Some people want to work. To each his own. I played golf on fathers day with my dad who is 92. 93 in Dec. I hope I make it there too! LOL

[@icedteamama176]

Congratulations!!

[@silkscreenart5515]

Jackpot!

[@randyk7699]

I took my retirement at 62 and I love it!

[@myretiredlife13]

CONGRATS! Enjoy!

[@IusedtohaveausernameIliked]

Taking care of your health is important at every age. Your body is really your only real possession and you can't buy a new one for any amount of money. Having health is what allows you to do everything else.

[@Yette]

Life is too short for regrets. It promotes a negative mindset. Instead, try to focus on happiness, purpose and the future.

[@myretiredlife13]

Totally agree. Thanks for stopping by.

[@rogerf2449]

I don't agree.

[@masonloh1411]

Saw too many co- workers drop dead before or not long after retiring & working 30 years +. so, I Retired February 2020. 2 weeks before Covic - a month pass 58-year-old working 26 years w/ pension I could have work & make put more $$$ into IRA but I saves enough. I have many hobbies. eat stay healthy - stay active. stress especially my job as bus operator in NYC. stress will kill you early death - see it in my own eyes. 1) Ex: bus driver worked almost 30 years 2 weeks before retiring date had heart attack DOA. 2) again, same scenario 30 years - retired less than 3 years got sick - need immediate surgery - never made it out found massive cancer. 3 ) Again 30 + years retired to Florida bought boat - went out fishing? fell on his back somehow & broke his back. can't walk or play so can't enjoy life even w/ a nice pension. just 3 of few dozen stories all true. so, Stay Health most important - no health / no life!!! Good luck🍺🍺🍺 Cheers

[@myretiredlife13]

Without health, time, money and life mean very little. Enjoy your retirement. Thank you so much for stopping by. I really appreciate that.

[@pathader4839]

Why does that happen?

[@myretiredlife13]

@@pathader4839 Not sure.

[@calichekid8897]

You're spot on with those regrets. Especially the traveling early in retirement, because at 75 or near that age, your body will undergo a drastic decline and travel will become difficult. To help myself stay healthy I got into Senior Olympics-Track & Field. There's also Swimming and other sports you can do. You compete against others in 5 year age groups, so you don't have to go against 40-50 year olds. Its good for motivation to exercise. You can workout with partners, which helps your motivation. And we all seem to need that.

[@myretiredlife13]

Great points. Not sure if I'm that competitive anymore though. For me it's about the activity and social aspects of that activity.

[@GunnyPhillips]

I agree with everything presented here. I'm 58 and fully retired a few months ago, although I left my corporate job a couple of years earlier. I'm big into my hobbies and have actually been busier with them [and family responsibilities] than I was during my working years. I try very hard to take care of myself nowadays because, as I tell my wife, "I like feeling good." My wife and I have already travelled extensively and, as you mention, I'm starting to dislike it these days due to airport headaches, increased costs and decreased service. I personally would not recommend most people working for an employer a day longer than financially necessary. Great video. Thank you very much!

[@Tincupping]

#3 is #1. All that needs to be said. I am retiring before 60 and diet and exercise have been the cornerstone of what I do most of my life. At 52 I still run a sub 8 min mile and workout every single day. If you stop you are done for. Exercise is the single most important thing you can do.

[@myretiredlife13]

Health and time are 2 things you can't buy back.

[@DJ-bj8ku]

I’ll never be able to retire. I work three part-time jobs writing about peer-reviewed research, work from home, run every other day, eat well and travel when I can. Planning to visit Britain in spring. Living for today not tomorrow.

[@bennym1956]

I’ll never be able to retire. Planning to visit Britain in spring. So $$$ issues ? So when you get old and no $$, what are you going to do ???

[@DJ-bj8ku]

@@bennym1956 who knows?

[@ExploringCanadaInfo]

Super video! Your point about travel really hit home hard. Now in my 60's I realize that I may not be able to do the things and travel the way I travel now once I hit my 70's. So grateful to be retired and seeing the world on my own terms.

[@myretiredlife13]

Ditto Karen

[@robertstapleton3598]

I retired at 71 and that was the smart move for me. I didn't have a ton of money in the bank to rely on for the remaining years - and people are living longer these days. A lot of people don't know about the incentives for working longer. I was told that Social Security would max out at 67 for my age, but there is an additional incentive now. They add 8% for every year past your max year (with a limit of three years). I did this and that gave me an additional 24% in every S.S. check I'm now receiving. That's a big difference.

[@myretiredlife13]

Good advice for viewers. Many need that extra 24% to enjoy their retirement. Everyone is different.

[@seniorp9444]

I won’t retire early but won’t wait for 65 either. My advantage in retirement is what I don’t want. I don’t want an RV or a boat or a big house to take care of. I have hobbies and travel I will enjoy but mostly want to have as little to worry about as possible.

[@JDRichard]

Great video by the way and finally it’s good to see a Canadian doing a video and retirement. I have plenty of hobbies including playing guitar for 55 years now, repairing vintage pocket watches and watches, some close-up magic and flight simulation. I’ve worked in aerospace my whole career and I’m now 65 and I’m no longer working full-time, and may a part-time job in the fall. I think the biggest part of Retirement is replacing the social interactions that you had at work, where you had a lot of fun trying to solve the same problems. I’m sure overtime I’ll be able to replace this, but for now I’m just chilling out.

[@myretiredlife13]

Chilling is good. You are right though, your interactions will pick up. Repairing vintage watches, how COOL is that!

[@JC-sr2pi]

Thank you for taking the time to produce this video. I recently retired at 61 by choice. One tip for everyone because not everyone’s aware of this, but in regards to Social Security benefits, be sure you look into what’s called “spousal benefits” because it is a real thing that can have a very positive impact on your financial planning into retirement. For example, in my case, since I was the higher wage earner, my wife’s spousal benefits resulted in her monthly Social Security check being increased 2 1/2 times what it was. It is very easy to apply for these benefits, and it can all be accomplished over the phone with the Social Security administration.

[@myretiredlife13]

I am Canadian so that doesn't not apply to me but for my American followers...Read the above!

[@chrisradano]

I have grown to like my job. I am 55, been doing my job for 27 years. I saw my 83 year old father recently and he said, "How old are you now? You are going to retire soon!" Within the last couple years I came to a realization that I'm not going to work forever, I may as well enjoy my working years going forward. My father's comment reinforced this notion. My job used to be difficult for many years, but has evolved to almost like something I enjoy. Every job has it's pains. After having the same career for 27 years, I have a retirement savings. If a younger person jumps from job to job, they are at a disadvantage. I don't have a college degree, I'm not wealthy. So I don't think I'm retiring early. But I collect antique clocks. Now my job limits time I can spend on my hobby. Also, I spend money on my hobby. I think the key to life is: live in the moment, do what you need to do to be responsible in our society, be the best person you can be and enjoy life. You are here to enjoy life.

[@mims2582]

Great thoughts!

[@myretiredlife13]

Great comment. Retirement is a personal choice. When I retired it wasn't because I DIDN'T love my job. I did. It was the direction of the company that made my decision easier. Lucky I had been planning for years.

[@joegoedhart1259]

My son has nagged me to play video games all the time. I keep saying that I will save it till I am in my seventies so I have something new and exciting to do when I become decrepit and house bound. He has saved all his good games for me. I have watched him play and must say, with the graffics and sound system, these games look mighty impressive.

[@scottyb7479]

Start now, they keep the mind sharp!

[@robbenz280z4]

You should check out Virtual Reality gaming on Quest 3 gaming system. Get to do whatever your hearts content..from flying airplanes, racing cars, playing tennis/golf/Pickleball with folks across the globe, going to concerts. Beats sitting on the sofa watching the tube.

[@joegoedhart1259]

@@robbenz280z4 Thanks Rob. I def will. 🤩

[@elizabethwestlake8896]

I retired at 62 and traveled extensively overseas for the next 10 years. Everyone of my trips was excellent and the memories are worth more than the money I spent. I still go out-of-country but less frequently. I’ve always had a wide range of hobbies and interests. There is so much to learn and enjoy in this world. Other side of this is my ex husband who was just forced to retire at 72. He wanted to work longer. He never had a single interest besides work. Now he is completely bored and has no idea what to do with his days. Pathetic! Cultivate your hobbies and activities your entire life. Than you can look forward to retirement 👍

[@Justaguywithtruth]

🤔you texted selfish and seem bitter at the Ex..still..🤨 let go of that..😎🙏💪☝️👍

[@superduper9357]

I have been travelling the world for the last 8 years with my job. Now I am just looking forward to a normal life in retirement at home in 'Old Blitey'. Maybe the odd winter break to Spain or Portugal but you can't beat an English beer garden on a warm summers evening, I think that may be what my vision of heaven is!

[@myretiredlife13]

For many that traveled for work an English beer and "Old Blitey" sound absolutely fantastic. Thanks for stopping by and Cheers!

[@joegoedhart1259]

I gotta agree. I have been a sub contracter all my life. Being able to have time off whenever you want while earning above wages is paramount. I have partied hard in pubs, travel through SE Asia and traveled around Australia, worked the whole of the SW Australia as a roof chippie and lived on the Swan river for a while too. I am currently semi retired 20 hrs per week at 58, but arent interested in anything much except fishing and B&W movies on TV. I have 5 acres and a hobby making jewellery. That'll do me.

[@georgeearling905]

My sympathy goes to anyone approaching retirement, you may have reasonable concerns over your pension and if it'll stretch to cover the rising cost of living, bad regulatory policies, bad energy and insane fiscal policies and all they see is their greed and emerald cities

[@ericbergman7546]

My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for. It's disheartening

[@V.stones]

one of my major problems with a decentralized system is that governments did not want it. Not that it's was not possible but it was just unlikely, I personally believe the government began to bring the hammer down on Bitcoin, because it attacks their ability to mismanage the currency, now it's a different story.

[@rodgertim2881]

Well, they say if you can't beat them, join them... there are still a lot of opportunities to explore

[@rodgertim2881]

No doubt being financially free and not having to worry much about health care and other expenses especially after retirement cannot be overemphasized, making smart plans and setting up diversified investment portfolios is quite essential.

[@cherylhills3227]

Yeah and Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional in order to navigate this recession and achieve potential high yields and taxation.

[@DroningVeteran]

You are giving some great advice that I hope to follow. I still have several years before I am able to celebrate this great achievement. I am happy you started this channel.

[@myretiredlife13]

Thanks so much Dan. You'll get there, don't rush it!

[@PaulProsperInvestments]

I retired from the US Air Force in 2021 at 41 years of age. I made some prosperous investments during my career and was able to walk away from needing to work. It amazes me how many people thought I was crazy for not working. THere's so much to do and see in this world and like you said, everything hits differently in your 60s and 70s than in your 40 and 50s. Do not wait until the end...

[@Fegga1955]

Congratulations

[@orionoutdoorsandworkshop5617]

ha,ha Paul. staying in the military is like living in a protected bubble. outside nobody is guaranteeing you anything after the door is slammed behind you. you could survive without making a damn penny all your life. that is nowhere near the same as someone working day in day out. no promise of retirement benefits, no guaranteed pay, no health care. you had it easy and your situation was night and day different than most working people. as far as investments, try that when your responsible for ALL your lifes needs. you probably still dont pay for your own health care. that alone would eat up a great deal of what your pension is. not cutting you up. you made your choice and it worked for you. many people could never tolerate military life. enjoy your life but how you got there is not the same uphill battle most people go through. count your blessings. i was in the military in the late 70s, air force, real easy job. seemed to me everybody was bored and out to cause others trouble. too many eyes watching everything you do and i could never relax.

[@myretiredlife13]

1st, from the bottom of my heart, thank you for your service and 2nd, Congrats on your investing and retirement!

[@PaulProsperInvestments]

@@orionoutdoorsandworkshop5617 I know plenty of people in the military who are retired and still living check-to-check. I do/did not have it easy. I managed my money well, lived below my means, purchased assets, and it paid off.

[@lynnhensley4326]

I retired from teaching at 52 due to breast cancer. At 72 I just retired from 20 years of part time education work, which I have enjoyed. It had keep me learning and moving and meeting people. My husband lost his job at 61 and went to part time. Still has a 1 day a week job, which he enjoys. Raised out 21 year old grandson. Just regular vacations, we have no interest in traveling. We are dealing with health issues.

[@myretiredlife13]

Health is certainly an issue. Sound like you have YOUR retirement set with what you have had to deal with. Enjoy your time and thank you for stopping by.

[@shaonghosh1]

The first point (retiring early), and the next one (spending more money when you are young), are often antithetical for most people, unless you have a very high household income and, maybe, no kids. I am a single-earner, saving aggressively for retirement and for my kid's college. But as a result, I am sacrificing a lot of life right now. Maybe this will be a regret later. But, my fear is that if I don't do what I'm doing, it will be a bigger regret for me.

[@myretiredlife13]

I agree. I think the majority are struggling just to get to that retirement platform. I think you are doing the right thing, keep up the good fight and when you do retire, it's YOUR time!

[@CLCIII]

The inchworm, slowly traveling upward was a good analogy. Slowly but surely, get where you're going. As Always, May God Bless you and yours! 😇

[@ramblinrosecottage5983]

I wondered if anyone was going to mention the worm. lol

[@taitatenai]

I am glad you started your KZbin channel and you are now monetized. That gives some insight of what to do on a daily basis while traveling!

[@myretiredlife13]

I appreciate that! Good luck with your channel.

[@sterlingwinchell7207]

That’s why I started my own business at 40. When working for “the man” you’re either in or out. With your own business you can slow down or speed up and continue to maintain a decent income, to then have enough money to afford to take time off and live all those dreams.

[@myretiredlife13]

Congrats on your own business and thanks for stopping by. I appreciate that.

[@superduper9357]

I retire next Friday at 56. I'm not waiting. Now I just need to convince my missus to join me!

[@myretiredlife13]

She may once she sees the smile on your face everyday! It's the best gig ever as long as you planned for it. ;)

[@jeffanderson8384]

Thanks for the sage wisdom.

[@myretiredlife13]

Just passing it on. Thank you for stopping by.

[@shauncooper9942]

Thanks from Sydney. Good things to know, Cheers mate.

[@myretiredlife13]

Thanks for watching!

[@fredmorgan996]

Thanks! This is very insightful...and true! By the way, you have a caterpillar crawling up your shirt! 😆

[@myretiredlife13]

I saw the caterpillar when I edited the video! LOL. The last 'photo bombing' was a squirrel in the background! LOL. Thanks fro stopping by. I really appreciate that.

[@jimchristensen965]

Worked until 65 and no regrets. I liked my work and the people. It's not work for some of us. Live a healthy life and you can be active longer. Our Health is our greatest Wealth. My doctor just said I'm the healthiest 76 year old she knows. I ride bike, garden, cut firewood and heat house all winter. I call my 5 acre timber homestead my outdoor gymnasium. Did plenty of travel from Vietnam to hiking Grand Canyon from rim to rim and more. I have a nice place here and the desire to travel was never a high priority. Not really any regrets. The money that some wish they had spent when younger, well we help our 2 sons who don't need financial help but we like to do it and the grandchildren are spoiled as grandma takes them so many places

[@myretiredlife13]

Being a grandpa is one of my greatest joys. Yes I spoil her. You are right about your outdoor gym. Lots to do and plenty of exercise there!

[@als7132]

Thank you for your message. 😊

[@myretiredlife13]

You are so welcome. Thanks for stopping by.

[@JKinLVN]

@@myretiredlife13 - Yes, very good video. For some reason your video is not coming in on both ears. Maybe there is something going on my end. But I hear both ears on other videos.

[@TC1234z]

I’m 81 and mine are different. This fellow didn’t mention grandchildren, and family. When your life is YOU or things you will realize it’s empty. We been a part of our children and able to assist our parents when they needed help in their 90s. We listen to doctors on life style choice while younger and it’s paid off. I’ll be 82 in a few days; I’m a lucky one. 5:32 -

[@myretiredlife13]

Family is important but they never regretting having grand children. They all have them so no regrets. I have a grand daughter (just 1) and she certainly not a regret. Grandpa, me, spoils her rotten!

[@kmantriing]

Great content-I've heard many of the same sentiments from co-workers who retired before me. So ironic that most people have more money available in retirement than they have ever had, but often need less and spend less due to their lifestyle and living situation. I also heard a retiree say, "Time is more important than money, but good health trumps them both."

[@deanrotering879]

I have heard the same. I will retire next year. I was going to retire two years later but a guy that left before me said no go as soon as you can.

[@myretiredlife13]

Time does trump both! Thanks for stopping by. I really appreciate that.

[@myretiredlife13]

The guy is right. As soon as you can.

[@superduper9357]

Good health is also time.

[@jimalford6359]

5 Great and valuable tips thank you!

[@myretiredlife13]

My pleasure, thanks for stopping by.

[@neildesposito1492]

Great honest information thank you, keep up the info.

[@myretiredlife13]

Thanks, will do!

[@user-em4hv5fq3k]

All great advice....66 yo still teleworking for no damn reason...saved all my life... cant stop... no kids to leave my $$ too...... shoulda spent it all ...health problems... at least I am happy!

[@myretiredlife13]

Happy is the most important thing in your comment, IMO. Not everyone needs or wants to retire. Thanks for stopping by, I appreciate that.

[@austinbar]

I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.

[@jcurdrayeric243]

Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.

[@joshbarney114]

This is true. I'm in my mid 40's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.

[@rogerwheelers4322]

It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than half a million dollars by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.

[@FabioOdelega876]

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.

[@rogerwheelers4322]

I definitely share your sentiment about these firms. Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@BennyC-qg6rd]

When I was younger, I did a lot dumb stuff. Now that I'm older , I'm doing a lot less. Great content!

[@myretiredlife13]

Thank you for stopping by. I still do dumb stuff, just nothing too dumb! LOL

[@randy74989]

I'm 74 and have been working out 4 days a week since April 2023. I have a personal trainer 2 times per week and am in better shape than in my twenties and thirties. My A1C is down to 5.7, my triglyceride level is down, and my cholesterol level is getting better. My body fat is 19% down from 24% in April 2024 and my muscle mass has increased by 5 lbs. I have a tear in my left ACL and a slight tear in the same knee (Meniscus). My orthopedic surgeon confirmed from my MRI that I don't need surgery. We are just monitoring it for now. I am exercising (muscle building around the knees, etc) and taking Standard Process Ligaplex II and Trace Minerals-B12 supplements twice per day, and CollaGen powder once a day to assist with my knees, etc. So, the moral of the story is to eat right, take the right supplements and vitamins, exercise four times per week, and get off your lazy ASS.

[@goodwinphotoartgiclee9514]

Spot on advice, keep going to 100, just like me at 76.

[@billwilliams5889]

“You can’t take it with you but you have enough to get there.” -and- “Health is the first wealth.” are words to live by. I waited until 70 to draw the most annual SS ($50,000), but that decision will only pay off if I can make it a few years past my actuarial “break-even” “kick-the-bucket age of 81.

[@KevinNordstrom]

Always draw at 62

[@myretiredlife13]

A bird in the hand...

[@jstein6870]

I'm 55. I had been seriously thinking about some form of retirement for a few years. The wife told me I needed to make a plan first. As circumstances evolved, I instead changed jobs this year, same profession, and moved cross country. I will not deny it might be one of the hardest things I have ever done, but I feel ten years younger, happy to be doing what I do again and not even close to feeling like I need to retire, and I could afford it with an intelligent plan.

[@myretiredlife13]

Moving is never fun but once you settle in it usually is the right move or you wouldn't have done it. Sometimes moving brings you into a different financial zone (cheaper housing for example). Good luck with your plans. When you get there, it is the best gig ever!

[@SpookyEng1]

A solid plan gives me the peace to know when I’m ready to retire the finances are in order. I will be 60 this year and by 62 I’m out.

[@jimjotka2187]

75 years old now.. wife passed away 21 years ago.. was an artist and wedding photographer.. you just do what you can do.. grass is greener someplace else

[@TrekkingwithDebandMike]

We also retired early and are still traveling. The time flew by. We keep active physically and try to mentally. You tube will definitely make you think. But it's fun. Great video.

[@myretiredlife13]

Thank you. Keep on traveling the world is such an interesting place. (Which keeps you mentally acute as well.)

[@gimcrack555]

Never going to retired. I been doing the semi-retirement planned I created 4 days before I graduated from HS. I knew for a fact, my bucket list couldn't be done by a old fail man. I'm 60 and finish my bucket list in full like 4 years ago. Semi-retirement was gaps between my jobs. My gaps can be 3-6-9 months or 1-3 years. How I was able to do this. I never saved up a Nest Egg. I saved up what I called the Golden Goose Egg. I learned 6 skill trades and I still hustle for a buck on the side. I actually moved from state to state, city to city, town to town. To be closer to my bucket list places and task. Easier when you're not married or have any kids, plus been debt free since I was 36. I finally bought my first house at the age of 56. The good news, was able to pay my first home in cash. So still I'm debt free. I still working and hustling, but will slow down to a crawl at age 67. So not a full retirement, but a good life for sure and been enjoying it to the fullness.

[@myretiredlife13]

Awesome life story. Everyone has a way to go about getting to 'full' retirement. When you can look back and say, like Frank Sinatra, 'I did it my way' you have had a good life. Thanks for stopping by.

[@DavidM2002]

You expressed it perfectly. Life and retirement isn't about not working; it's about doing exactly what makes you happiest.

[@shelleycharlesworth5177]

I'm 76 and my hubby and I retired when we were 55. We traveled a lot throughout our marriage as we never had kids. We always made health a priority. He was a musician by hobby. I pursued dance, writing, and volunteer work once I was age 60.

[@Rottingboards]

My wife and I are 56 and we retired last January. We have traveled around the world because we never had kids. We also make health a priority. (Vegan and bicycling, walking....). It's nice to hear it all worked out for you and your wife! Thanks for sharing.

[@myretiredlife13]

I still think I want to take up the guitar even though I cannot carry a tune. LOL.

[@myretiredlife13]

You'll enjoy retirement...Best gig ever.

[@Rottingboards]

@@myretiredlife13 So far so good. I didn't know my flowers grew so slow and lasted so long. LOL

[@elaine1743]

What about health care coverage? What did you do about that?

[@UncleWally3]

Been retired for 14 years, based on what I’ve learned, here’s my list: 1) Realize work shouldn’t be reduced to being paid; by definition, when we stop “working” we die. 2) Stretching in mind and body is a daily work habit we can choose to continuously refine; ignore it at your peril. 3) Reach out to other people, especially to those we don’t know or understand. 4) Be it in conversation, movement or thought, don’t be too scared of silly. 5) See and celebrate ourselves as incomplete; with that in mind, listen.

[@myretiredlife13]

Great pieces of advice. Thanks for stopping by.

[@totallyraw1313]

Thanks for the video, gramps! 👴

[@myretiredlife13]

I've been called worse! LOL. Thanks for stopping by, youngin!

[@DavidM2002]

I recall a short TV feature on the news one night about a family of 5 and how they were struggling financially and how much groceries cost. The camera followed them from the supermarket to their home and into the kitchen. All 5 of them were probably 50% over weight. When they emptied the grocery bags, it was fully of jugs of orange juice, sweet breakfast cereal, Pop Tarts, and other non-nutritious garbage. And, at least 2 of them had soda's or a Starbucks cup in their hands. In this short TV segment, without mentioning it, the crew covered at least 2 of your points ; not taking care of your health, and not taking care of your finances. All that expensive, crappy food also probably made it unlikely that they travelled very far either as their mobility was certainly impaired. The question is, will any of them even live to 55 let alone retire early. I'm no model of retirement but, I got a good education, worked my ass off, and retired at 55. 15 years later, I travel, still ride a motorcycle cross country and pretty much do as I please but not in an expensive way. I'd say that I live rationally, at least by my standards.

[@paulmackie5622]

ER rooms consider people who ride MC as organ donors?

[@DavidM2002]

@@paulmackie5622 I'm sure there are a few. But, while they are tending to the dying, motorcyclist ( like me, at least ) are exploring the country's back roads and small towns coast to coast to coast. 25 year and 500,000 miles of riding and I'm still planning future coast to coast rides and new places to enjoy living.

[@jerrysz3155]

@@DavidM2002good on ya mate! I am looking forward to doing some more extensive riding myself. For now, I’ve been to every nook and cranny of New Zealand a couple times over. Good luck, and have fun!

[@myretiredlife13]

Junk food and snacks are the worst and expensive. Everyone should live within their means, work hard and save. Spend wisely!

[@loubob21]

MOST, not ALL of America is a lonely place. You can't walk out of your home, walk to the bakery, walk to the park, walk to the museum, walk up that hill, walk to the pub. We are all trapped in our suburbs, hiding in our houses. It's no wonder I see so many older folks sitting in their open garages, looking for any type of human contact. Life is more vibrant with other people to interact with.

[@dirkjackson8939]

Great comment. I have a home in Florida and one in Peru South America. In Florida, my neighborhood is completely quiet all day and night. In Peru, people walk around, music coming from houses all night long. It sucks that most Americans are stuck in the system cycle.

[@ROForeverMan]

Then why did you build this type of cities ?

[@loubob21]

@@ROForeverMan Because it's profitable for economic growth for auto industry, construction industry, energy industry. Money makes America go round.

[@RetiredLovingIt]

Great points! Retiring sooner is always better if you can do it.

[@myretiredlife13]

Yes it is. Some sadly, cannot. Hopefully channels like yours and mine can help people obtain the 'early retirement goals.

[@rollingstones911]

Thank you for the very interesting comments. I will be retiring in a few months and my wife retired a few years ago.

[@myretiredlife13]

Best of luck! It's the best gig ever!!!

[@deborahcaldwell9775]

Hmmmm I am perfectly happy with the situation that I am in at the age of 84. I did this and that as much as I could. I took pretty good care of my health and it didn’t deteriorate until I was 75 but I had help with that. I don’t mind, slowing down. I have a couple of hobbies. I really love good food so I’ve taken enough care of my health so that I know how to buy Farm fresh food only. I cook myself the most delicious meals. What a great activity. I can take my time I can even share it with my partner if he feels like it, but most of the time he doesn’t I like my life.

[@myretiredlife13]

This is a good news story Deborah. I so happy you're happy and content. There is nothing better than growing your food. Slowing down isn't a bad thing. Enjoy the weekend and thank you for stopping by.

[@jg8867]

I have a different story, I am not part of a we, I am a single 77 year old woman. I retired five years ago, I miss it! As I age I don’t miss the responsibilities of running a business. I have no regrets, can’t change anything. Fortunately, I have plenty of money, good health (today), I have done some traveling and lived a good life. Being alone is difficult as you age.

[@goodwinphotoartgiclee9514]

You’ve got it made. God bless from a 76 year old also very healthy.

[@jovemarks855]

If you enjoy your job, it's wise to continue to work at least part-time. It's good for your body and mind. But if you don't enjoy your job, quit as early as possible because stress can kill you.

[@cas5324]

Totally agree.

[@valerieshy8749]

My parents are both now 80 this year. Regarding hobbies, my Dad has a ton of them including gardening, ironwork, etc. Both parents have volunteered for various church and local library activities on a regular basis as in weekly. It keeps them quite busy. I'm 55 this year and am no longer working full time as of 2 weeks ago! Thrilled to be able to be voluntarily unemployed! I have always enjoyed volunteering at my local animal shelter once a week and up to 3X a week in my summers off work as a teacher. Now I plan on walking both my dogs for long walks daily, volunteering at my municipal animal care and control more, and getting myself in better shape health wise. We have traveled a ton up to now (30 countries so far) and will continue to go on international trips, but I've heard that regret repeatedly from older folks. Reminds me of the pic of a senior couple that is easily found online where the couple is full on sleeping while in a gondola in Venice, Italy. So sad. Great content in this video!

[@myretiredlife13]

Cool story. My wife volunteers at a shelter when we are in Arizona. I like that phrase 'voluntarily unemployed'

[@joequillun7790]

Financial ability factors in greatly to your 5. Spend more in your youth, accumulate debt, or have a weak retirement plan, and you can be sure you'll be in poor condition when on fixed income. Be thankful for being able to take their advice.

[@myretiredlife13]

100% agree. Finances are a definite fact in how YOUR retirement goes.

[@douglasolsson7768]

I retired at 48 as Firefighter/Paramedic. I had invested lots of time and energy during those years into rental property and had 25 apartments and 3 laundromats. Yeah, I was a hustler! I took an improv class on a whim around 50 years old, scared to death, but kept at it til I was doing improv shows then student films and then feature films. You may have seen me guest star on tv shows like Criminal Minds, NCIS or MacGyver. Thank god I don't have to depend on acting for income like most of my fellow actors. When auditions are slow, I'm playing golf, pickle ball or kitesurfing in the ocean. I'm 67 now and headed to the Dominican Republic for a two week kitesurfing adventure. I have a great life. Only thing missing is a great woman by my side. But I"m working on it!

[@myretiredlife13]

What a great story. Improv...wow. I'd be scared to death as well. Golf is one of my passions too. Also play pickle ball when I'm in AZ! You'll find a great woman. If I could you can! Thanks for stopping by! Have a great time in Dominican.

[@markeidt6404]

Once you have retired reach out to friends that you lost contact with during you work career. You will be surprised that most of them are only too happy to hear form you and reestablish your friendship.

[@myretiredlife13]

Great comment. I'm am going to try and reach out to a couple of them. Thanks for stopping by.

[@BKsn00py]

You hit it right on the head. My wife and I retired around 56 just after I had a triple bi-pass. It had to be because of stress at the job because I had no other reason, being healthy and a non-drinker, non-smoker. We were in the middle of building a home and with all the problems I had with my contractor I just fired him and became my own contractor. I pulled all the wire and wired everything in the house. Plus added Ethernet source and products. I also installed all the plumbing items but let the pro do the lines for plumbing water transfers. Building took almost a year. After that we started traveling. I'm sure we spent way too much on a 43 foot American Eagle motor home. Took our dogs and traveled the next group of years during the general winter months and stayed out for about 5 to 6 months. Now that we are 79 we find we can't travel as much. My wife has several problems that keep us at home base. As far as hobby goes I've dedicated my retirement to up grading homes we live in. We change houses about 4 times and I have spent my time repairing and turning a 20 to 30 year homes into a new modern ones. Then we sold it and went on to the next project. I will call that my after retirement project that keeps me going each day. I have too much to do to die. lol Lots to finish first. Truth is I believe this ranch house we have been remodeling for the past 4 years (with me doing all the work) will be the one we keep. I still have some small things needed to be done but I also get tired quicker and spend about 1/2 the day working on a project. You are 100% correct is to get away from the TV and find something to lay your hands on to keep busy. We still hope to take a few more trips but they will be by renting a small house within a campground. Wishing you the best of luck and keep thinking the way you presented this video. Ben (by the way we met many Canadians' during our campground stays. Great people.)

[@cliffnorman178]

What a lot of wisdom. Well done 👍🏻👍🏻👍🏻👍🏻

[@myretiredlife13]

Glad you think so! Thank you for stopping by.

[@JKinLVN]

1) Retiring earlier - No comment because I am semi-retired. So far no regrets on not retiring earlier 2) Spent more money when younger - I agree, but it's hard to gauge your allowance when you're younger, so no regrets for me yet. 3) Taking better care of yourself - Yes, this is true. And that's coming from a guy who has gone to the gym for the last 25 years. I should have gone even more. 4) Taking up more hobbies - Probably so. I think it's good to have a good 4-6 hobbies. One of them should be home or car repairs. You need at least 1 practical hobby. I need 1-2 more hobbies. But it's never too late. 5) Traveled more - NO! At least not international travel. I like USA travel and short trips much better than international travel.

[@myretiredlife13]

I agree with you on hobbies. I have several. That way it never gets boring. We are into traveling Canada and the USA as well as we have done our international travel. Many day trips and weekend trips (during the middle of the week, LOL) now that we have 2 little dogs. A week here and there is just fine with us. We are snowbirds and traveling to AZ every winter is like a vacation to us.

[@JKinLVN]

@@myretiredlife13 - Yes, Canada is fun and very easy to travel to. I just got back from London and Scotland and liked it for a once in a lifetime thing, but it wasn't worth it for me. Our flight back was delayed and there was no room on the plane. I asked myself why I was subjecting myself to this torture just to visit a foreign land. I vacationed in Hawaii two years ago and enjoy that much more. The flight duration to Hawaii is only 5 hours and very doable.

[@myretiredlife13]

@@JKinLVN My wife and I have been to Hawaii 12 times (when we were working) and enjoyed every time we were there. Our last 'Europe & England trip was 2019 where we were there 37 days. That will be our last international trip and now we look forward to traveling around North America with our dogs. So looking forward to that.

[@JKinLVN]

@@myretiredlife13 - 12 times? Cool! I've only been there 3 times. Hopefully a couple more. Enjoy!

[@tonylevine2716]

I knew #1 would be #1. I knew #2 would be #2. I knew #3 would be #3. Blessed to have retired at 55 this past Oct. Working till you die is NOT the way! We have to change this paradigm! When you get into your 70s, you are in your “slow/go” and “no/go” years. Enjoy life while you can folks because life is short and tomorrow is not promised!!

[@myretiredlife13]

100% agree BUT there are people that enjoy working. To each his/her own. I think they may regret that choice in the long run though.

[@lot2196]

I'd get bored in three days if I quit working. I love my job, and enjoy my co-workers.

[@pnichols6500]

I have upgraded my stereo equipment after I retired, always had a decent sound system, but love listening to music I grew up with in the 60's/70's/80's and messing with stereo equipment. Cleaning records ( have two different machines I use) is therapeutic for me as I concentrate on that and not my other issues. Doesn't take a lot of energy to put a record on when my shot back is having a bad day, and great music takes me back to my younger years. Also photography is my other main hobby and bought nice equipment before i retired while i had a strong income. Was traveling for business then snd got to get out and visit a lot of great spots fot photography.

[@myretiredlife13]

Tinkering with music...Awesome. Music soothes the soul. Depending on my mood I can play anything from ACDC to Beethoven! Photography is a great hobby. (Mine too)

[@nicholaspagano8438]

Thank you for your insightful comments.

[@myretiredlife13]

My pleasure! Thanks for stopping by, I really appreciate that!

[@thienthan324]

The end can be more costly than ever depending on health conditions. And one will never know if a stroke or heart attack is around the corner which can debilitating. $6-10k a month on hiring caregiver will add up quick.

[@SuperFS11]

Correct. My father died at 91 and we spent a lot of money to care for him during the last months. All of his pension plus some of us kids money had to be used. That’s what a lot of the “retire early on little money” don’t really think about.

[@ptk7240]

500 to 1000 more a month from ss would not make a difference for todays medical costs.i say retire early enjoy it if in good health.

[@myretiredlife13]

True...here in Canada it's a little different as we are taxed all our working lives to have 'free' healthcare.

[@SuperFS11]

@@ptk7240 no matter how healthy you are when younger in old age you may still require a lot of (costly) help in your final months.

[@SuperFS11]

@@myretiredlife13 but you do you guys have free 24/7 care at the end of your life?

[@williampalchak7574]

Started investing seriously at age 23, retired comfortably and confidently at age 59.

[@myretiredlife13]

Such a wise move at the age of 23. Most that age, including me, didn't start that young. I took retirement seriously in my early 30's. I retired at 55, also comfortably and confidently.

[@chessmaster1115]

i regret that i didnt start seriously investing till 8 years ago and continue to do so aggressively.

[@nelsonoliveira1007]

Great advice and have 10 years to plan ahead. Thanks.

[@myretiredlife13]

Perfect time to finalize your plans. I am so glad someone that hasn't retired yet is watch this. Hope it helps!

[@tonykelpie]

Retiring gradually is usually a good approach. Spending time doing what you want to do is important at all stages of life- doing a job you enjoy is key. Looking after yourself is essential. Remember you can deal with shortage of money much more easily than shortness of time - so be careful about spending time doing things you don’t enjoy ‘because I want the money’

[@DrRock2009]

Just retired this week at 56. Got 15 years to go to get to the age my dad was when he had his stroke 🤷‍♂️. Time and health are everything.

[@Rottingboards]

Yes! We retired at 56 last January. My wife's mom had her stroke at 56. Keep the health up as much as you can!!

[@myretiredlife13]

Absolutely time and health are the most important. Doesn't matter how much money you have if you are around to enjoy it.

[@hogroamer260]

I don't understand regrets. I've always been a planner, know what I want to do, weigh consequences, and take action. One example is waiting to take Social Security. If I get sick or die before then, or don't make the break even point, I knew the risk. Weigh your options, make the best choice for you, and don't look back. We have such great opportunity in this country, embrace it, appreciate it, thank God, and always look at the glass half full.

[@myretiredlife13]

I agree with the glass half full. I actually did a video about being positive during retirement. ( kzbin.info/www/bejne/eJSVlXego8aBbJo ) You are definitely gambling on the social security but the healthcare system now a days is pretty good but you never know with health. Thanks for taking the time to drop by. I appreciate that.

[@chriswaldorf1560]

Great video. Thank you.

[@myretiredlife13]

Thank you too!

[@billsinclair6515]

yeah man, been swithering about going at 60 (59) now, think i will do it, great advice brother

[@myretiredlife13]

Just passing it on from my buddies. Thanks for stopping by, I appreciate that.