Відео

Thank you Walt ; good advice!

you can retire. Depends on your lifestyle.

The answer is - I don't know but we have someone who you can pay to tell you.

Gees, can you be any more vague?

I'll never retired, but I never worked every single day either. I always had a side hustle. Making money on the side. To me it never seems like work at all. How can it be work, if you enjoy it and do it all the time while not working at a regular job. So funds are always there. Retiring seems to me all you want to do is stop working and stop your weekly paycheck and dip in this money pool that will end at some time. You all have to do math, what will end first the money pot or me. I never have to stop and think about that. I just enjoy life and my side hustles and when I end, it ends.

I'm never going to retired. But that didn't mean I work all my life either. I'm 60 and very healthy, I still work but it's simple work. I became a caregiver working only 65-78 hours bi-weekly. I can cut those hours anytime I want to and work less if I choose so. My side hustle is running a flea market booth over the weekends. I enjoy all of this. I take trips anytime I want to. So I can plan a trip and take it. I was in construction work most of my life. Building houses from the ground up. So I actually learn 6 skilled trades over those years. The catch I moved a lot while I was young. I made this long bucket list and I knew a old frail man wouldn't be able to do it. So I surely wasn't going to wait to retire to do these bucket list task. What you do, is do them now. How I accomplish this. Is I work hard, save money. So I never in my life save for a nest egg. No I created saving up for the golden goose egg instead. What's that, well it's a fund to able to live off of, during breaks between jobs. Yes, I quit my job to go onto my bucket list adventures. So I move from town to town, city to city, state to state. My breaks can be as long as 1-3-6-9 months to 1-3 years. My longest break between jobs was 2 years and 9 months. The story is I finish up my long bucket list at age 56 and I'm now 60. So I added a few since and will be doing them soon. I been debt free since I was 36 been paying cash every since then. I did the owning a home backwards. The money I been saving and going on trips with. Well I can't spend it fast enough and saved a lot of money so much. I was able to buy my first home at age 56 in cash at the end of my bucket list accomplishments. I finally settle down and enjoying everything I done so far in my life. Will even slow down more at age 67 but will still continue doing the side hustles until death. I call all of this semi-retirement and its been working out great for me.

Clickbait. You're telling us things we already know and give zero answers.

The key don't stop the money coming in. I have hobbies. I enjoy my hobbies. I make money on my hobbies. I live and breath with my hobbies. Started making money as on side hustles since I was 13. I'm 60 and still continue doing my side hustles. It's money, it keeps the world to go around me in a smoothly fashion. That's the key of life.

You missed a very important point. Leaving your spouse a larger check by delaying SS. Your spouse benefits if you are the bread winner and wait.

Im gonna try n hold out taking it til 70...thus getting the largest check amt.

Social Security is going to be insolvent in less than a decade. Congress has no plan to fully fund SS. Their only fix is to continue cutting benefits and increasing the eligibility age. The SS calculators all assume SS will be around for all your life which is obviously not true. How can you keep giving full benefits when congress continues to cut them? Take SS at 62 and get all you can before the "trust fund" is gone. Don't fall for the same scam that corporations play where they won't give you more salary up front but instead promise bonuses and more money later if you wait. Of course these promises are empty and never materialize. SS is the same game.

Serious question for the creator. Ive done the math and it seems for most Americans taking it at 61 is the smartest. The benefit is way lower but starting at 61 you have payments for 6 years so 72 extra payments than starting at 67. Assuming your a male you life expectancy is only 76. Even if they payment at 67 is 1.5x what its at 61 which is high the break even point would be 71.5 years old. Youd make slightly more if you lived long but your wasting it if you die even 3 years below expectancy.

This guy...."If you have money you may be able to delay pulling from your retirement" Yea. No shit.

If you claim at 62, whatever you lose by continuing to work gets paid to you later. That's a huge key point you're missing here.

So security? Try it with me: So-cial. That's right, so-cial. Very nice.

Never knew this. I would’ve just taken it immediately😅

Sail, sure. But you're still just blowing with the wind unless you have a keel and a rudder. Even that doesn't matter if you don't have a destination to set a course (plan).

You can tell this guy gets it.