Відео

Love that painting

If you have your finances in order, retire as soon as the career you have enjoyed becomes a daily grind. After 25 years in the railroad industry, I burned out this year and retired - something I thought I’d never do.

If you have your finances in order, retire as soon as the career you have enjoyed starts to become a daily grind.

It was really nice to meet in person. I hope we can again. That yarn matched your stripped yarn beautifully. Thank you for sharing.

Anyone that has to look at a Stranger on UA-cam to decide whether you retire or not, needs a psychiatrist. USE YOUR OWN BRAIN.

My spouse died a little over 3 years ago and I am just now starting to go through personal items to sort, discard, or donate. What you said about this being emotionally draining is SO true. I found that if I don’t do this in bite size portions I either start throwing everything away or keep everything.

Full time caregiving can take a terrible toll. Jill should probably get a support system. 😉

Mr. Bezos (I mean Mr. Rosen 😉) I’m enjoying your channel! Thanks for the great content and telling it like it is!

Absolutely recommend having an intelligent, assertive person (preferably adult child) attend medical appointments. Both my parents indirectly died from medical errors. One issue is simply lack attention by doctors; my mother received medication for several years while she had a condition that the doctor hadn't tested for which counter indicated the medication. Some doctors identify issues but fail to follow up on them. And many doctors are ageist, discounting the lives and wellbeing of older adults. Sometimes strong advocacy is needed!

My husband retired early because of a bad boss and I retired early because of healthissues.

Everytime I get rid of a box of my stuff, that open spot gets filled with two new boxes of stuff from my partner.

I do agree (I'm older than you, Buddy, by about 10 years---and we have 3 grown sons, married) that it is important to declutter and let go, clear away a lot of excess, HOWEVER, I'm also not going to deprive myself of things that make my living space beautiful and meaningful to ME, while I'm still alive. I don't want to live in an empty, barren BOX for the last years of my life, just so I'm not an "inconvenience" to whoever is left standing once I'm gone. Plus---what, exactly, is WRONG with taking the time to GRIEVE while sorting through objects? Hello---we're Humans, not Automatons, and shedding tears, smiling, and REMEMBERING our loved ones is a good thing. What's the big rush? Afraid you'll miss the next damned football game on tv or an idiotic text message trying to sell you something? I advocate MOVING ENERGY by tackling the job of sorting through all of the materials of a life that is done. I've helped clear out the earthly items left by my Grandmother, 2 sisters, 1 brother, and of course, my Mom. Was it "easy"? No. Was it Worth It? YES.

When doing this, think about the royal family. They have everything thought over. If they can do this, so can you.

I took care of my mother when she couldn't do all of the things needed by herself any more. I had the privilege to stay with her to the end. What she didn't have was money. It took me several years to pay off everything. I still haven't quite got to the point that other people get after the funeral. They can say goodbye and go on with their lives. So, use your money, but think about the people who have to stay behind.

Life Is A Journey, Retirement Think Of It As The Start Of A New Journey. Love Your Video, I Agree Many Videos You Watch Scare You Into Thinking You Need More. I Write Children's Books And Going Back To College At 62 So This Will Keep Me Young At Heart. Thank You So Much For The Video Its A Breathe Of Fresh Air

Darryl, love your channel and this video in particular. Cheers.

I made any decisions and changes to make it as easy as possible for when I pass I have downsized tremendously and moved to a smaller condo. We have a Living Trust and I have pre-paid for my creation and have left instructions on how I wish things to be done. I have file with family photographs and lore to help my grand daughter know her relatives. I have a dresser drawer with jewelry marked for my grand daughter with a bit of history written with each one. I figure it is enough that my son will have to deal with selling my condo, dealing with furniture clothing etc. Everything I can do ahead of time will make his job easier.

100% go to the doctors with your parents as soon as you can!

You are on-point about everything..I could relate to and agree with all your observations

This terrifies me. My husband has closed me out of all things financial. , i feel so vulnerable and alone. He is spending on stuff we don't need. I can't say anything. Fat broken face if I do. Appreciate your last comment on medical services. We are 2 hrs from any care. My only son doesn't want to get involved. At least to help me with this dilemma.. 80s in a very rural California.

I just cleaned out a huge amount of empty boxes from my dad’s basement. And working slowly on decluttering my own house.

🐘 is health insurance!

The main link in your notes isn’t working. Just a heads up.

A relative did everything on computer, when she passed, we didnt know the password.

I was diagnosed with cancer at 45. After recovery we had a new perspective, without going into debt, if we really wanted to do something we did it. There's no guarantees that tomorrow's going to be there.

I went to your website no description about how much you charge?

You’re so many financial gurus on UA-cam offering guidance. But, none share how much they charge from the first video. I think 🤔 if your prices are discussed up front possibly more new clients.

Probate in New Jersey is very efficient for average estate, but the lawyers fearMonger long-term care, taxes, and trust living trusts.

Probate in New Jersey is very efficient for average estate, but the lawyers fearMonger long-term care, taxes, and trust living trusts.

Hoarding money until death is like dieting and working out 2 hours per day for 30 years, building giant muscles, and then never kicking anyone’s ass. What’s the point😁

Doing everything you suggest except I see stairs as good exercise and I am still a hill climber at 79 and maybe I'm lucky but, although I have had things wrong with my body, I never see doctors, I rely in good eating, yoga, and a few good supplements.

My mother did the Swedish Death Cleaning before it was a thing. Only the best of her things remained and her family history. Yes. It made clearing her home a snap but I didn’t get the chance to mourn and laugh while clearing away her life. I did kind of miss that. Our clearing of her life took less than a day. It was too efficient in an odd way.

Your only friend in life is your wallet, when you die that’s all the kids want, cash! Old people get rid of the junk and make sure your accounts have updated beneficiaries.

Probably 99% of the stairs stats were for people that did not get the stair lift. Also, the reason WHY the stairlift guy was warning against his own product was not given, so that was completely worthless info. Maybe he hated his employer. Or maybe THEIR particular product was terrible. We got a stair lift in parent's home. They are easy to put in and easy to take out, and don't cost that much. Much easier and cheaper than moving. Another funny one is where you tell seniors to take their kids to the doctor with them. That's funny bc many seniors are afraid to go to the doctor bc they don't want to find out all the crap that is wrong with them, as a result of all the years of neglecting their own health. Better advice would be to tell the grown children to take their PARENTS to the doctor. I should have, but didn't, and now I have a parent AND a sibling in HOMES! There is even a Wash DC radio show that has an ongoing Take A Loved One To The Doctor campaign. Wish I had...

Thank you:)!

'Bound by a fiduciary standard' is a freaking myth as well and you know it. There is absolutely nothing stopping anyone from acting in their best interest over their clients. The chances of being sued for it are extremely slim, even finding a lawyer willing to take on such a case is extremely hard, and then 'proving' they acted against your best interest for their own is way beyond an easy task. There is no such thing as people being bound by a fiduciary standard. Might as well say the President of the United States is bound to support the Constitution. Trump has proven that is NOT a thing even though they take an 'oath' saying they will. If something is never enforced, it is NOT a requirement, law, bounding or restrictive thing. Plain and simple.

When my grandmother downsized, she made 6 collections of things for her 6 kids: baking ware, dishes, pots and pans, handmade quilts pots and pans, etc. Then invited all of them. They drew a number and made a game of it, choosing which things they got, trading around. It was a time of reminiscing, great laughter and joy.

Underspending? Must be nice

So I was forced to retire this year because of health concerns and my job was beginning to let older workers go. Two years earlier I saw the pattern of laying off older workers so I taught myself how to invest and do option trading. So now at age 60 I am, to me, still part time working with my trading. I also have various etfs, bdcs, reits, etc that so far cover my basic needs. As far as health care, I am being extremely cautious with my money these first few years until I take social security, so I take the minimum out to live on. I use obamacare, $57 health $21 dental. I am a renter, so don't have the security of home ownership. As for long term care, it is simply too expensive, my net worth is well under $400k. I don't like to travel or do expensive things, so I am hoping I can still trade at least until 70 to build up my nest egg even more. I agree, don't sweat the small stuff, but also don't sweat the big stuff that is completely out of your control.

I like what I see, especially the art on the wall behind you.😂

the problem with health care and early retirement (pre 65) is that finding out what costs are is a black box, you can't get any concrete costs until your almost ready to retire. I was able to get an idea and decided to calculate my insrance at $1000 per month for budgetting purposes. when I actually retired and got private insurance it was $578 per month so I came in under budget. I am 60 so I will need to do that for 5 more years.

Thank you for this good information. In addition to your advice about under spending I'd add this; Use some of your 'old age funds' to get alternative health care. The 'conventional medical advice' is not intended to actually be helpful nor healthful. It is designed to provide *long term profit* to the establishment medical businesses. There are arguably better choices available, particularly for seniors. Many health issues can be resolved but *not* by 'conventional medical practices'. At 69 I've seen too many spend their last years and their remaining funds on so-called 'medical care' that *only* treats symptoms! Both my parents suffered with this. There are real solutions but we *must* actively seek to find them. Otherwise 'medical care' becomes a 'good money after bad' endeavor.

In TN university is free after the age of 65❤

Social security is fixed income. Why have bonds at all?

Totally agree don’t go to medical services on own especially hospital having witnessed a deliberate murder in 2023 of friend

Yes good advice as an occupational therapist stay on one floor watch out rugs - be aware of strangers in the house 🏡

My husband kept opening savings accounts to collect the joining fee. After his death we had to contact about 20 building societies to check if all these accounts were closed or empty.

My husband and I have been hoarders for years. It is a difficult habit to break. But, now that we are both retirement age, we're wanting to get rid of most of our stuff, sell our house and everything of value in it, buy a yacht, and live full time and travel till we either run out of money or die. We have no kids or other heirs to leave our stuff to, anyway. And, I have Alzheimer's Disease in my family on both sides - so, we probably only have another ten or fifteen years left, before I am unable to continue. I'm 62 and my father was gone by the time he was 74, after suffering from AD for about six years.

This is pretty basic, a simple little thing that cost us a huge amount of aggravation, time, and money. What was it? My mother in law had a number of retirement accounts and had not named any BENEFICIARIES! Check all your accounts, and make sure that your beneficiaries are up to date. It will save your children a horrible probate experience.

Retirement isn’t an end goal, but a journey best secured by careful and consistent investments.