WHY Are We AFRAID To RETIRE?

[@NoLegalPlunder]

I was petrified before I told my boss I was retiring at the end of this year. I pretty much couldn't sleep for 2 days beforehand. I just knew it was time. A massive weight was lifted off my shoulders after telling him. He took it well. The stress and routine of the job was sucking all of the happiness from my life and there was no let-up in sight. I'm relatively young to retire but I'm more than ready. I have more than enough (27 years of VTSAX has been kind to me), and I have countless hobbies and interests I want to pursue before it's too late. I'm tired of being locked to my desk when the sun is shining outside. No more wasted summers for me. I didn't retire to do nothing, I retired to do anything I want.

[@HappyonMonday]

@@NoLegalPlunder That's amazing! Good for you!! 😃

[@notyet2345]

congratulations. enjoy your new life.

[@Mightyluna]

@NoLegalPlunder I'm retiring at the end of January 2025. I felt the same way as you! Sleepless nights the days leading up to when I informed my boss and such a relief (yes, like a huge weight was lifted) immediately after I gave my notice. Congratulations and good luck to you!

[@joiab11]

Bravo 🎉 how inspiring! I am giving notice tomorrow. I’m so glad to hear how it went for you. Enjoy your best years!

[@lakeeshacarter8608]

@@joiab11 Congratulations everything will be just fine tomorrow it was really hard for me but it had to be done and they are just fine they call every so often to ask a question but I trained my team very well all the years I was there Again Congratulations you are going to instantly feel a weight lifted off your shoulders

[@MargaretGSmith-c1q]

I look back on my life and realize there was a higher power that guided me through life. I left a long time job several yrs. ago. It was the best decision I ever made. Don’t look back but forward.

[@HappyonMonday]

Absolutely! I belieive that. That's awesome - thanks for sharing! ☺

[@wildnfrantic1015]

I'm shortly to do the same - retire from a long-time job. Hearing from those who've done the same is very helpful and reassuring too

[@robertvolk5252]

Thanks for the inspiration. I gave my notice this afternoon and will be retiring at 65 in 120 days. Time to move on!

[@HappyonMonday]

@robertvolk5252 You're welcome! Congrats on your retirement! 👏👏🥳

[@gqueen9612]

Great video. I'm eligible to retire in April 2026 after 37 years with the government. To say I cannot wait is an understatement! One way or another, I'll make it work and have so many things i'm excited to do.

[@HappyonMonday]

That's awesome! 37 years is a long time!! 😃

[@tophatbanjo]

Hi, Julie! I was never afraid to retire. What I was afraid of is dying before I was able to retire! Fortunately, that didn't happen and I'm actually very healthy, but hey--anybody can get hit by a bus! As my retirement got closer and closer, I started being REALLY CAREFUL crossing streets and whatnot. Heh! Great video, love your channel ☺❤

[@HappyonMonday]

@@tophatbanjo Awesome!! Thanks! 🙂

[@johnurban7333]

I didn’t have a plan but retired anyways. I think the feeling of having to have something to do kept me working when I didn’t have to at all. I’m just fine not having a plan and doing what I want to do when I want. If I had known retirement was this great I would have done it a long time ago. Love your videos Julie. Very informative and fun to watch

[@HappyonMonday]

@@johnurban7333 That's awesome! Thank you! 😊

[@woodsparker7902]

Stress IS a killer. I cannot tell you how many times I came home from a stressful day of work and cracked open the ice cream container or consumed M&M's right out of the bag (instead of exercising portion control by first placing the M&M's into a small bowl and sealing up the bag). I knew it was wrong at the time, but it was as if a monster was taking over me.

[@HappyonMonday]

@@woodsparker7902 I totally agree! Stress can kill!

[@Pkeats817]

Same!

[@Mightyluna]

Yes, I was nervous for many of the reasons you mentioned and kept telling myself "just one more year". Since giving my notice a few weeks ago, I'm still nervous but I just visualize what my days will look like and feel (LESS stress, more sleep, slow mornings) and then I feel better and know that everything will be ok. Just the mere act of giving my notice felt like a HUGE weight had been lifted, so I know it was time. I'm moving full speed ahead and not looking back. 😁

[@HappyonMonday]

@Mightyluna That's awesome!! It is a huge weight That's lifted! 😊

[@iamjane9628]

I hope to soon be having the same experience!

[@Mightyluna]

@@iamjane9628 Good luck to you!

[@rroumeli]

You hit the nail on the head! Working and buying things does not buy you happiness. In fact, it seemed to only bring me stress and anxiety. I’m very glad I took a leap of faith and retired two years ago. The huge weight was literally lifted off my shoulders. I worried about having enough even though my financial planner said I was in great shape. Your advice to look at a monthly snapshot has really helped me feel more at ease. Now I’m looking for more new hobbies to keep me active and engaged.

[@HappyonMonday]

@@rroumeli That's wonderful!! I'm so glad you're enjoying retirement!! 🙂

[@mlw3984]

You're an inspiration. I'm 55 and want to retire at 62. I don't have a lot of money in retirement but if all goes well I should have maybe 350,000 - 400 000. Hopeful, that'll be enough with my SS. I don't need a lot to be happy

[@HappyonMonday]

Thank you! I'm so glad you have a plan - you can do this!! 😀

[@beyondthesunpodcast]

I think you did a good job of identifying and calling out the true or underlying reason people express fear of retirement: somehow retiring equates to being old and being old equates to being useless. The tips you offer are great ways to counter the negative feelings.

[@HappyonMonday]

@@beyondthesunpodcast That's awesome!!😊

[@elissshapingup]

I work for a library and our Friends of the Library group consists of many retirees. Honestly, we couldn't do all we do without them. We are so thankful for their help with events, book sales as well as campaigning for us when we have a levy. Just a suggestion to any retirees looking for volunteer opportunities to stay involved and help out their community.

[@Carnegiered52]

Retired a year ago at 60 with a modest government pension. It’s been a difficult transition to say the least. I’m still trying to figure things out but with the grace of God, I will be able to start anew and begin to feel whole again. Good luck and may you find inner peace.

[@HappyonMonday]

It's a journey for sure! Thank you! 😊

[@wildnfrantic1015]

You're mirroring my position - I'm also retiring shortly from being a civil servant and modest pension. I'm certainly struggling with the thought and worry but know that the time is right for me to go

[@markharris142]

I am already retired, but your videos are so inspiring that I think I’ll get a job so I can retire again.

[@HappyonMonday]

Thank you that's so nice! 😊

[@M_SC]

😂

[@Tavi-u4x]

👍Julie were living in uncertain times Your refreshing encouragement we need Educational and informative Appreciate your service! Fear of the unknown is a huge fear Especially when you're getting a paycheck for 30 years I was afraid BUT a calmness came over me Taking the leap of faith Retire early was the new life chapter I needed Decades of stress built up was finally released I can breath again Four years in at 57 Life began with retirement A PLAN is essential! Peace and freedom priceless! Retirement is living on your OWN terms and time!

[@HappyonMonday]

Thank you! I'm so glad you took the leap! ☺

[@411sponge72]

Get outta my head Miss Julie! :) Everything you mentioned in this video is what I'm currently thinking. Thank you for these videos! I'm really thinking about all of my options at the moment. I've been working for the education system for 35 years now and I've been a saver my whole life. I'm pretty certain I'll be fine in my retirement but, your right, those fears tend to come to the surface when I think about leaving work. But, your videos are really helping me in dealing with retirement emotions in general and getting over those fear hoops! You're the best!

[@HappyonMonday]

@@411sponge72 Thank you! I'm glad I'm helping!

[@brianmcg321]

It’s like the character Brooks from the movie Shawshank Redemption. He had been in jail so long he didn’t know how to function on the outside. He was afraid and didn’t want to be paroled.

[@HappyonMonday]

@@brianmcg321 I love that movie! Good analogy! 😊

[@PeteReinert]

Hi Julie! I'm 55 and got fired in July. Depression and anxiety are GONE! I plan to keep working until I take Medicare at 65, so after taking the summer off, I'll be looking for work this week.

[@HappyonMonday]

@@PeteReinert I'm so glad your depression & anxiety are gone!! That's wonderful! 😊

[@toxtwinzjl7602]

Retired 4 days ago. Already worried about money because I don't want to cut down on spending like I was when I was working. Already thinking of the small things like how I shut heat down for 14 hours twice a week while I worked so now the heat bill will be higher. Just found out I have a medical issue where tests won't be covered until I've hit my high deductible. So so far retirement doesn't feel any different, still worrying and the last thing I do is go back to work!

[@HappyonMonday]

@@toxtwinzjl7602 it's still a worry for sure!😊

[@CT-lo9ot]

If you live a little frugal, you would be less stressed about money.

[@HappyonMonday]

@@toxtwinzjl7602 I'm sorry to hear that you're so worried. Planning & crunching numbers is what helps me!

[@stfankaren]

Thanks! I needed this one today. 19 months to go, don’t want my fears to make it longer than that.

[@HappyonMonday]

@@stfankaren That's awesome! 😊

[@surrelljr]

Retirement isn’t bothering me personally, it’s just that other people think I have all the free time and sitting around doing nothing. I’m VERY busy, I’m able to focus on my home projects and do an excellent job, I fell into a bad habit of hiring people because I was too busy making a living than living. I’m starting to get that feeling back of satisfaction of independence and a job well done, I became too dependent on hiring someone to do it and paying them. I have enough money to hire people however it’s just more satisfying to do it myself, and not going home tired and laying around because I was an employee.

[@HappyonMonday]

@surrelljr That's awesome! I like to do DIY projects too! 😊

[@joiab11]

I needed this message so much, especially today! I have been teaching Pilates for 23 years and I want to retire. My body is sending strong signals that it’s time to move on to new things. Your thoughts here have made me realize it’s only fear, and I can push through it! Be brave and courageous! 🎉❤ thank you! 🙏 here’s to us Gen X, finally free!!!

[@HappyonMonday]

@@joiab11 Love this! 🥰

[@nncadi1]

Retiring May 2025. Emailed my boss last week. No fears at all due to the financial preparation and retiring TO something (long term slow travel). If you don’t have those two concepts solid before retiring, I could see why someone would fear retiring.

[@HappyonMonday]

@@nncadi1 For sure! 😃

[@saritarossi3939]

Enjoying your videos. You are so calming. I am terrified to retire too. I know i have plenty. I am working on the retirement website you suggested and also have a financial planner but money is my biggest scare although I am always told I have enough.

[@HappyonMonday]

It is scary! You got this! 😊

[@johnc4789]

A very accurate plan of incomes and expenditures on a spreadsheet made it easy to retire for us. I still use my spreadsheet to keep track of all numbers. Without the spreadsheet, managing monies would be a guessing game at best. Thanks for the video.

[@HappyonMonday]

@johnc4789 That's awesome! Good for you! 😚

[@char5477]

I have been keeping track of every penny spent and its purpose for the past 2 yrs. I have a very clear picture of my expenses and where to cut if necessary. I have been putting away money as I can. I live a frugal lifestyle but am contented. Will be retiring in about 2 months and looking forward to it. I have a few ideas as to some volunteering opportunities, and also some travel ideas. I've reached out to my community to see if I can do a free petsitting swap with neighbors, to help each other and save money when traveling.

[@HappyonMonday]

@@char5477 That's fantastic!! 😃

[@Bob-yh7ir]

Laid off at 58 and never looked back. There was a weight lifted off my mind and body. Casusl time with family. No rushing around any more. Our fee only advisor said a couple years ago - what are you waiting for. So expected the lay off and stayed a little longer to get the severance. We are going to do ACA. Our cost will be about 260 to 350 a month based on silver vs gold plan.

[@HappyonMonday]

That's awesome! 😊

[@notyet2345]

Im not gonna lie, I was scared to retire. I had omy (one more year) syndrome. I had contingency plans out the wazoo and was still scared until I just closed my eyes and took a running jump off the cliff.......I haven't landed yet. Best decision ever.

[@HappyonMonday]

@@notyet2345 That's awesome!! 😁

[@wildnfrantic1015]

Its like you're speaking for me - I certainly have the fear of stepping into the unknown and of course, the fear of how will I cope without my monthly salary coming in and the sense of purpose?

[@HappyonMonday]

It's very common to have fear about retiring! You got this! 🙂

[@enigmathegrayman2953]

I’m gonna retire no later than age 54 and maybe as soon as 50 (I’m 48 years old now). My co-workers say why do you want to retire now you’re still so young? I say to them well, that’s the point to retire young and not all old and busted up to where I can’t do anything, plus I still will met all the requirements to pull pension (30 years of service and 50 years old) benefits aways because I started working young I was 23. I’m not afraid I’m incredibly excited even though retirement for me is still about 5 years away!

[@HappyonMonday]

@@enigmathegrayman2953 That's fantastic! You put the time in. You deserve it! 😀

[@rosemarykingpate7832]

I just don't look at it as "retirement," and I'm not calling it that. I see it more as "never having to work again for anyone," and it sounds so sweet! I'm 64, and there's only a few months to go until FREEDOM!

[@HappyonMonday]

I love that!! Yay! congrats to you!! 🎉

[@rvnut1133]

A friend of mine is able to retire now at 62 but refuses to do so because he can get more money at 70 years of age. Well, he just had a stroke, he came out ok but is dealing with therapy to regain use of his left arm and leg. Retire NOW if you can people.

[@HappyonMonday]

@@rvnut1133 I hear stories like that all the time!! Thank you for sharing this. 😊

[@char5477]

I've thought of maybe working until I'm 70 to get more Social Security, but that thought gets rejected every time. :)

[@HappyonMonday]

@@char5477 😄

[@rvnut1133]

Not me, I am not waiting that long.

[@lakeeshacarter8608]

Great video I’m so glad I was not afraid to retire at the age of 54 after working 34 years at the same company I knew how to start cutting back and not just buying things I don’t need I switched to my husbands health insurance I wanted to be able to enjoy my retirement while I’m still healthy and can really enjoy it I have been thinking about working a non stressful temp job every few months then taking off a few months I LOVE the idea that I can do whatever I want when I want my husband supports my decision and that’s the best thing the stress of my job was making me so unhappy now I can spend more time with my husband and family and really be present for them those jobs will replace you the next day if something happens to you people are really trying to figure out how I don’t work and it’s non of their business I live frugally but still have things that I want

[@HappyonMonday]

@@lakeeshacarter8608 That's awesome! I'm so glad you figured that out! 😊

[@michellem8284]

Retiring in a week and am terrified. I've run the numbers a thousand times and talked to financial advisors several times. The numbers work but still scared to give up the security of a good job. I know I will feel like this regardless of when I do it or how mych money I have, so Im taking the leap at 61.5 years old.

[@StephsHealthMatters]

Congratulations

[@HappyonMonday]

@@michellem8284 That's totally normal! It's a scary thing!! 😊

[@briand4000]

I'm also 61.5 and am test driving a lighter work schedule (no more Fridays) through end of this year, then will make that permanent through next year until around this time when I'll call it quits. Meanwhile, sell rental, pay off mortgage next spring to get ALL debts retired and carry on with the next chapter of life! Scared, can't believe it's really happening but every day I see another wrinkle or something else hurts. We're not immortal.

[@janethall8475]

I retired 2 months ago and really regret it. The reduction of income and too much free time is difficult. I feel broke even though I've saved enough. I don't like the dependency on the stock market. I am now looking for a job and unretiring. Retirement is overrated!!!

[@muniondalenewyurk6777]

@@janethall8475it’s really a personal choice, if you feel better going back to work that’s your prerogative. But don’t knock folks who did retire or plan on retiring and enjoy their free time. When you do retire you should figure out what you would like to do with yourself to feel comfortable. Retirement doesn’t mean sitting at home and never going anywhere or doing anything. You should set goals for yourself, to keep your brain healthy and active. For example volunteering at an organization in your community to help others in need (ex: volunteer once a week at a food pantry, hospital, senior center, Veterans Hospital ect ). Or choose or learn a new hobby, knitting , painting, gardening, join a ymca or recreation center to do moderate exercises (senior Zumba, yoga, aquacise ect). What most active retires discovered is that they aren’t forced to work 40 hours a week at greedy uncaring corporations that don’t value us as human beings, only as another number. When your retired you have the FREEDOM, CHOICE and PEACE OF MIND do whatever you want and live your best life! Life is what you make it! If a person is miserable and toxic they will be that way whether in the job or retired! It’s about being positive and learning to accept that the job/career doesn’t define who you are and your purpose in life! If you always see the glass as half full, you will never be satisfied with anything! Working at a job to please an employer and be unappreciated, overworked and underpaid is also overrated! 😅😂 Most of us were brainwashed to believe that we must work until we are too old to enjoy the fruits of our labor or worst disabled! I have seen many people at my job pass away before retiring and never got the opportunity to enjoy their golden years! Guess what our job did when they passed away? Nothing and no one remembered them because they were replaced by another younger employee! Everyone has their own path and journey, so respect other’s personal decisions ! Best wishes to you in your future endeavors! ❤️

[@CurtisRetiredLife]

Great video Julie. I remember being anxious and distraught when making the decision to leave, but after I gave notice to my bosses I started to be much more relaxed during my last month of work. Like you said, it's not permanent, you can go back to work. After 5 months of retirement at 56, I am looking forward to finding a part time gig that I enjoy.

[@HappyonMonday]

@CurtisRetiredLife Yeah I was a little nervous too. But I KNEW it would be better than working! 😁 A part time job is totally manageable! ☺️

[@MinnesotaCabin6]

Great video! Hope you are enjoying your trip.

[@HappyonMonday]

@@MinnesotaCabin6Thank you! 😊

[@bg3603-d5b]

Not all advisors are encouraging even when you have enough. They want you to contribute more assets, not to start withdrawing

[@HappyonMonday]

@@bg3603-d5b That's true!

[@DEBBYHUGHSON-d1i]

Love your videos. Thank you!

[@HappyonMonday]

@@DEBBYHUGHSON-d1i You are welcome!! 😄

[@howardabe9256]

Nice finishing quote

[@FIRE_DrNinjaTurtle]

Great topic

[@HappyonMonday]

Thanks!😊

[@Facts_In60Seconds]

The primary concern isn’t just financial; it's healthcare. The costs are extremely high, and our government is so divided that one side might even consider repealing the ACA, despite it being income-based rather than "free." That possibility alone is alarming

[@HappyonMonday]

@Facts_In60Seconds Yes, Healthcare is a big concern. 👍

[@tonylevine2716]

As Nike says, “Just do it!” I don’t understand why people hate on you retiring early. 🤦🏾‍♂️

[@HappyonMonday]

@@tonylevine2716 I love that! Just do it! 😊 Thank you 😊

[@deranaomi]

I love your quotes :)

[@tancreddehauteville764]

I am 57 and 9 months and have $850k - I'm still terrified.

[@HappyonMonday]

@@tancreddehauteville764 I think it's scary no matter how much money you have! 🙂

[@CharlesAnsman]

Retirement was very easy for me, its spending the money that I worked so hard to save, is the difficult part. I do enjoy watching my investments grow, it grows faster then my expenses, Maybe an RV and full time travel ?

[@HappyonMonday]

@@CharlesAnsman That's awesome!! 😊

[@transitengineer]

I agree 100 percent. Lucky for me, I am still able to pay all of my monthly money bills, without needing to touch any of my retirement accounts (i.e. IRA, 401(k), 457).

[@DrLusEnglish]

Leap of faith to retire. But just retire

[@MemineAussi]

I need to pay off my mortgage before I can retire. Another 3 years for me!

[@brianmcg321]

You can do it!!!

[@HappyonMonday]

@@MemineAussi That's a great plan! You got this! 😊

[@desiv1170]

Am I afraid to retire? Yes, even tho my advisor says we are good. Why am I retiring in 6 months then? I am more afraid NOT to retire... :-)

[@HappyonMonday]

@desiv1170 I love this! I was also more afraid NOT to retire! 😊

[@char5477]

I wonder how many financial advisors tell their clients they will be fine? Are they really fine, or are they just saying that? I guess it depends on how you live your life and spend your money.

[@user-bg9em7ch6k]

@@char5477 most financial advisers (at least the majority, who charge a percentage of “assets under management,” don’t tend to tell their clients that they have plenty to retire on.

[@ibenglish]

Fear of change plays big on the human psyche. People are scared of change leaving a job, same as leaving a relationship that has run its course. Taking that leap doesn’t mean that there is nothing or no one on the other side to catch you. YOLO 👍🏻

[@HappyonMonday]

@@ibenglish Yes!! This is so true! 😁

[@desertraider]

Honestly, I'm not sure how you are able to do it with less than 500K. I think 750K to 1M is the sweet spot for most middle class folks. I'm glad you were able to do it but I think in my case, it's going to be a while longer in the workforce until I am really comfortable financially.

[@HappyonMonday]

@desertraider Yes it all depends on your expenses! 😊

[@liammaxsmama]

I’m concerned about the medical, first and foremost.

[@HappyonMonday]

@@liammaxsmama I totally get that!! 😊

[@shadowski72]

I looked in the description and do not see the healthcare link. Can you share it (again)? thank you Julie.

[@HappyonMonday]

@shadowski72 I just looked and it's there! It's right under the other video links. Maybe look again! 😊

[@luzcamacho2050]

How are you handling the medical insurance costs? That is what is holding us back.

[@HappyonMonday]

@@luzcamacho2050 I'm doing ACA in 2025. Here's a video about my plans. kzbin.info/www/bejne/f3eTopeNjdCBY80si=WsAlaM3RN6nyiehM

[@johnj4094]

I think most people are afraid of retirement because they lose their employer provided guardrails such as a reasonable priced Healthcare mini insurances that the employer pays for disability etcetera etcetera Question for you since you've already retired and we know $1 is not going to be worth the same purchasing power 510 years from now when you are even more retired maybe ask like many KZbinrs that share their investment profile what would be the Investments that you would consider to not only preserve but also protect against the ravages of inflation over time so that your 500,000 next stage can still provide for you especially more so as you get older and maybe even more need of health care or other expenses to maintain your household

[@HappyonMonday]

@johnj4094 That's a really good question that I will address in a future video! 😃

[@Pkeats817]

I’m not afraid to retire.

[@whyme7996]

New retirement is now called Boldin

[@HappyonMonday]

I didn't know that - thanks!

[@StephsHealthMatters]

Did you work with a financial advisor? Did you get push back on having 500k? I appreciate your videos. Thank you

[@HappyonMonday]

@StephsHealthMatters I met with a few different financial advisors but I haven't picked one yet! ☺️

[@danncorbit3623]

I guess that I will age at the same rate if I am working away or if I am walking on the beach. So retirement won't have any affect there that I can see.

[@HappyonMonday]

@@danncorbit3623 That's very true for some!! 😊

[@user-bg9em7ch6k]

Many people choose to spend more time exercising, and less time stressing when they’re retired, but if that’s not you, then you’re right it won’t make any difference.

[@EmilyFoxSeaton]

I wonder if there is a change in menopause / old age that does something to your head. I know I thought my mom was weird when I was a kid that she never wanted to travel or go to the movies. Now too I find myself not wanting to do these things when they were so much fun before. I wonder if it isn't some sort of hormone change that your body forces on you in anticipation of aging.

[@HappyonMonday]

That could very well be! I used to think I was becoming more introverted. Now I think I was just exhausted and overwhelmed from working so much! 🙂

[@ScottFurlon]

I just turned 54 and awfully late to investing with barely any portfolio except my 401k. I have a decent amount of cash saved up and with inflation currently soaring AGAIN, I’m getting worried about retirement. How do I best optimize my savings of over $ 200k.

[@HappyonMonday]

@ScottFurlon Diversify! I can't give financial advice but invest somewhere. Maybe Hysa, CDs, and whatever allocation stocks you're comfortable with. 😊

[@jimphillips7180]

What does everyone think about ACA. Do you think it will be eliminated or does anyone have any back up plans if it does get eliminated. Thanks

[@HappyonMonday]

@@jimphillips7180 They could reduce subsidies in 2026. My plan would be to go with health share if that happens. 🙂

[@user-bg9em7ch6k]

Back up plan-live in Mexico with no US based health insurance… 😳

[@deadandburied7626]

500k is a good nest egg. I retired at 58y 5m. I am single and lost both parents while I was working. I am now free and can enjoy life. Investment income + pensions.

[@HappyonMonday]

@@deadandburied7626 I'm so sorry you lost both parents! I'm glad you are doing well now!

[@M_SC]

The affordable care act might be going away

[@HappyonMonday]

Yes in 2026 the subsidies may be reduced. 😕

[@pizza4me298]

You are less secure working than when you are retired. This realization is what let me retire. The older you get the more likely you are to be laid off by your employer. My obamacare insurance is 57 medical 21 dental. Stay poor on paper. The normal fears that you had won't change in retirement, sickness, death, spiritual, etc. You will just have more time to do what you like and to think through your fears.

[@HappyonMonday]

I love this!! That is very true. ☺

[@zb2363]

What are your thoughts on the stock market for the next 4 years? I’m terrified of a crash and losing all I’ve worked so hard for.

[@HappyonMonday]

I use the bucket strategy in case if a bear market. The market goes in cycles and you have to be ready for that. I have 4 years worth of expenses to ride out a crash in bucket 1! ☺

[@zb2363]

@@HappyonMonday so would this look like a 4 year emergency fund bucket? Just cash, cds, no stocks in this bucket? Sorry to bother you with this, but I really appreciate your insights.

[@HappyonMonday]

@@zb2363 Yes, I have a high yield savings, CDs, and I-bonds in bucket #1. ☺

[@jodihawley2024]

What will happen to so many people wanting to retire early and health insurance. After the outcome of the election, on the agenda is doing away with Obama Care. How will people be able to afford insurance if they are not eligible for Medicare. Very frightening.

[@HappyonMonday]

@@jodihawley2024 It is frightening! Idk what will happen. I guess we wait and see!

[@williamrogers6186]

❤ i think in have a crush on you

[@HappyonMonday]

@williamrogers6186 lol that's very sweet 😊

[@user-FM1]

I have seen many people retire without strategy after retirement. They live broke and die broke .

[@HappyonMonday]

@user-FM1 Yes it's very important to have a strategy!! 😀

[@tomlim1598]

What works for you doesn’t mean it will work for others.

[@notyet2345]

@@tomlim1598 it’s all about options. Time and money gives you the options to find out what does work for you.

[@HappyonMonday]

Most definitely! I live very frugally. I can make it work, but others may not be able to.

[@alohastateofmind3565]

Are you A.I.?

[@HappyonMonday]

Nope

[@alohastateofmind3565]

@@HappyonMonday Such an A.I. response.

[@user-bg9em7ch6k]

@@alohastateofmind3565 you appear to be failing at your Aloha state of mind 😉

[@tomj528]

Early retirement with only $500,000...by the time you figure out it's not enough it'll be too late.

[@HappyonMonday]

@@tomj528 I'll be just fine 🙂

[@lisagardner9798]

Great video. Hope you are having fun on your vacation!

[@HappyonMonday]

@lisagardner9798 Thank you I am!! 😊