40 now, and everything is paid for. Fortunately, I had a college economics teacher who taught me a lesson when I was 18 years old. That lesson was: you can't buy something else for every purchase you make. Having multiple sources of income is prudent, as is living within your means. I have a 13-year-old vehicle because it is all I need, I like it, and I can do whatever I want with it. My net worth is $900k, and I can pay my bills without stress, but I don't live like I have that. I have no complaints.
I fully agree; I'm 56 years old and recently retired with approximately 1.2 million in outside retirement funds, no debt, and very few dollars in retirement funds in comparison to my portfolio balance over the last three years. To be honest, the financial advisor's role can only be ignored, not dismissed. Therefore do your research to get a reputable one and that should be any individuals main route into the market.
Yes, I'm in my mid-50s, and a few years back, I moved my investments to my wife's wealth manager. While I haven't caught up to her long-term gains, my current earnings and the growth of my retirement fund, compared to just relying on the 401(k), are pretty satisfying.
Definitely! All of this happened in less than a year after *Izella Annette Anderson* told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.
oh! i never take this advises online seriously, but i checked Izella up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response
I retired at 53 and through my 60s had good health. I’ll soon be 71 and feeling my age but no major health problems yet but it’s coming. I’m so glad my plans put down at 22 played out. Nothing in the universe is permanent. Time is your greatest gift. Make the most of it. Azule is a very wise man. Not because he is a genius (though he might be) but rather because he has thought long and hard on the subject. Take his advice seriously.
You are spot on. I was thinking that my chest and back bloody hurt and then nothing....... I had no thoughts about work or anything like it. Well that was a blockage in the left descending artery in the heart at 52. Take care all and retire when you can. M
Unfortunately, people think they will live forever. Excellent video! I am 66 years old, and I was forced to retire because I couldn't find a job at my age. I was fortunate to work as long as I have. The best thing is when I sold my expensive home, stop working and got out of debt. I just bought a small home in the country to enjoy a quiet life. I am healthy and now stress free. Unfortunately, I have known too many people that died young, and not enjoying their retirement. Work stress is a killer.
I'm 61. All I could think about for the past year or two when I'm getting ready for work in the morning, was quitting. So I finally decided to start part time instead beginning in 2025. I'm so excited I can hardly stand it. It's my transition to retirement. I can't WAIT to start only working 20 hours a week. I don't even think of quitting any more. Yaaay for Me. :) ang
I did the same thing. I’m easing into retirement. I’m a nurse and work 7pm-7am. I work two 12 hours one week and then the next week only work one 12 hour shift. We self schedule so I work Monday and Tuesday the first week then Saturday the next week thus having 10 days off in a row. I need the health insurance until age 65- only 2 years 9 1/2 months to go but who is counting ( besides me)….
You better believe it as an RN I see patients everyday in their 40’s-50’s-60’s Stroke, MI, Cancer, etc. when he says on average we lose our health at 65 he’s not lying !!
I lost my very stressful job at 62 due to ageism. At first I was angry, hurt and frightened that my life was now over. However, now that I am almost 68, I believe that ending my career life was a Godsend. I am so much happier and experience so much less. Stress. I’m sure that if I had continued to work I would have died by now.
I sold my stressful small business at 60, which is what my wife and I planned since we were in our 30’s. I love it! Now 64, I do not miss the ever more demanding customers and immature employees, and my stress is virtually gone. I ride my road bike 60-80 miles a week, do weights and strength training, dropped 20lbs and at my last physical my doctor said my vitals are as good or better than when is was under 40. We saved and invested, and now managing my finances is my new job. One thing you discover is the quality of life and time to enjoy things is way more important than killing yourself working to upgrade to a newer expensive toy. Traveling, exercise, hobbies and spending more time with family and friends while you’re still young enough to do whatever you want is tuely how to win the game of life.
Retired at 60. Will stay retired even if I have live on the streets. No way on this earth will I go back to work for a company that never cared about me. NO way will I be subjected to the Politics and BS of corporate America
You're so lucky.... I have worked for corporate America for 36 years and you know how I'm... but by my Social security minimum age is 65 .... I'm 62... counting the days
Agree! In US we treat hard workers like shit! I had a job that required lifting up to 200 pounds yet the mothafuckas in charge instead of having our uniforms be more of an athletic concept we instead forced to wear neckties which not only impedes on performance but cuts oxygen to the brain! A dangerous health hazard but NOBODY cared or listened to me. Neckties are fucking dumb even for white collar jobs but to force employees to wear them for a job that requires (sweat) athleticism makes no sense! No wonder why we have health problems in this country.
I retired from a stressful job as a college instructor just 2 weeks ago at age 60 and I can feel the difference in my health already - finally able to prioritize getting exercise every day - my doctor told me that movement like walking is a major key to staying healthy, never mind the absence of job-related stress! I can't say I feel that I've lost very much from leaving a job that I found so difficult, particularly the last 4 years of it.
When you die, it is the end of the world. No need to worry about anyone else, they're already gone too. When you die, you take everything you've ever known, the people, your mind, memories, and ultimately the Earth with you as well as the Universe itself. My late father was a minister. Just like flowers, we bloom and then decay. Rejoice in the life you were fortunate enough to experience, and who knows, you might experience it again somewhere else.
My husband and I read the book, Die with Zero by Bill Perkins before we retired. Another book we had read was The Power of Enough by Lynn A. Miller. Both of us retired early and the books made it easier to transition our mindset from accumulation to enjoyment of our resources - time, money and health.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
More reason I enjoy my day to day market decisions is that i'm being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to
talking about coaching, do u consider anyone worthy for recommendations? I have about 80k to taste the waters now that large cap stocks are at a discount... thanks
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, ¨Sophia Maurine Lanting¨ turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
Azul, your videos are very interesting and hit home hard. I have known many people who had ample funds but operated under the foolish assumption that they would live until 100 years of age. It was so sad to see who inherited their money and blew it all in a short period of time.We should all think of death as a daily companion who can tap us on the shoulder any day. Keep up the good work...we need more wise men like you
On top, when very old all you want to do is sit and watch TV if you are lucky enough not to be blind. A lot of money in the bank will not change the situation much.
Working isn’t the issue, but it’s the type of work you do. For me, I would like to teach math at a community college after retirement. Retirement doesn’t mean having a sedentary lifestyle to me
When I will retire I plan to be busy with all sort of things that I cannot do now because all my time is taken by my job. I love my job but I also want to do other things. It is my solution to keep me alive and motivated. But as you pointed out, we are all different and it is very good.
I started walking 5 miles a day 5 days a week over a year ago. Im down 65 pounds. Also quit drinking and eating healthy and intermittent fasting. Im 62 in January. Im still overweight but all other vitals good. Im losing friends, it sucks so Im pushing myself.
I am in the same boat. 62 I'm November, obese, swimming a lot what keeps my blood pressure and heart rate low. Joints are sufering, though. If a joint goes bad, bye bye retirement.
I'm taking the time to improve my fitness. I eat keto, walk 6 miles a day. I've lost 24lbs so far, and I'm almost out of the overweight BMI category (25.3). I love my job. I work locally, so there is no commute, and I only work 30 hours a week, with every third week off. This means, with 6 weeks holiday, we don't work for 23 weeks a year. I feel semi retired. The best of both worlds. My job gives me a reason to get up and be of service to others. I do feel blessed, even on a low income. I still enjoy the countryside and sunrise/sunsets. Enjoy the simple joys.
@@MrOsasco Hang in there gents. I've been walking and eating right for a few years. I'm slim and trim now. I wasn't before, but now I am. It feels good. You're on the right path.
I was a healthy 54 year old. I did my 6 hours a week cardio and resistant training. Then at 55 i was diagnosed with multiple myeloma cancer. I'm 56 and my cancer is in remission but the damage was done. My bones are weak. instead of going back to work and risk injury we decided for me to retire and be a stay at home Dad. With my wife going back to work and other sources of income we are making it work. It's still not what i was bringing in on my own but we make it work.
There are so many things you can do to help your health that cost little, or can even save you money. -Eat out at restaurants less, and cut back on take away food. You have much more control over food that you prepare yourself at home, in terms of nutritional value. -Drink plenty of water, cut out alcohol, fizzy drinks, and smoking. -Cut down on red meat, sugar, salt, and dairy. Also do not over do it on bread/gluten. -Walk/cycle more, and use the car a bit less. -Don’t waste money on expensive gym memberships, unless you really enjoy it and want to. There are a multitude of really good fitness, yoga, meditation classes online. Also walking, running, cycling, and swimming are all free. - Put aside some time specifically dedicated to your well being using a combination of any of the above, into your daily routine.
I stopped work at 63 and went back to work at 70. I work two online jobs that I love. I can do them from anywhere even when traveling. They help keep my mind sharp. I go to the gym 5 times a week and eat healthy. Now I weigh the same as when I was in my 20’s and feel way better than when I was in my 60’s
At 70, I just started a new business. My Dad worked full-time in his business til 88, my grandfather in his til 94, and my great granddad worked his farm til 106. I don't have time to retire. Busy building things.
Looks like work is not work for you. It is a passion. You look forward to work when you wake up each morning. Friday evening is no different from Monday morning. You work because you want to, and not because you need to. Good luck with the new business.
@amvora777 Thank you. I do realize that being self-employed is a different life than being an employee grinding away at a job. I think some folks are born with a personality for risk and independent endeavor, while others seek more structure and security. When times were tough, I found myself asking why I wasn't cut out for a regular job. As for those who worked away in jobs, I've no doubt that at times they might envy me the sunshine, but pity me the rain. Each of us is born differently and needs live our best accordingly. Best to all out there!
Aww, that's great. Makes me think of Paul McCartney, who's in his early 80s and still touring. He obviously doesn't need the money and loves what he does. Unfortunately, I don't think for most people it's a realistic goal...to have a viable economy you need certain jobs that aren't really the best. And trying to make those seem better than they are is what people were doing pre-pandemic until they finally realized the job wasn't helping their quality of life.
I’m 79 and have just spent a couple of days in hospital for a non-age related disease, just one of those random things - the first hospital stay since the maternity ward. The thing is that because I do vigorous exercise, cycling, hiking, skiing every day my body was in the best possible shape to deal with it and I recovered very quickly and was out of there. So I really want to encourage people to get and keep fit.
I too have taken care of my health over the years and ironically, a few months before retirement and I have a rotator cuff injury and a rolled ankle. Rehabbing both plus working on reversing too much time being bent over a computer sitting in a chair. I’m doing it with the help of a PT and on my own. I’ll be fine, but it just confirms that I need to keep training always. I took several months off because I was building a large deck and thought I’d get enough exercise. I was wrong.😊
My cousin was ready to retire early at around 57 years old. They asked him to stick around another 6 months. He agreed. Then a day or two later he was hit by a car and killed. He was healthy and fairly young by retirement standards. Sad day. Terry
@@esfahan1961 it was on the job. Nobody said it was because he worked 6 more months. The point is he could have retired snd would not have been working that day. If course anyone can get hit anytime. That really has nothing to do with the situation or the point of the video. Terry
I had a very stressful job at a Dental Clinic for 30 years. During Covid, I was offered a retirement incentive if I retired early (at age 64). You bet I took it, and, 4 years later, I am very glad that I did!
I just stumbled on this. I'm about to turn 45 and I'm late in getting starting my wealth path but I hope to be like Warren Buffet and manage my business well in to my 90s. I have started taking my health seriously so that I can ensure I am able to do so. Staying healthy will buy you more time.
I just retired and realize that I can't afford anything. Going for a mammogram tomorrow. Usually, they want to do more films, which aren't paid for by Medicare. This year, I will decline the extra films and take my chances. If I am diagnosed with cancer, I will not seek treatment. Just turned 67. Single, no children. Looking at the long lense of the future, I do not want to wither away and cannot afford to anyway.
Years ago a good friend at work gave me a piece of paper and on the paper was a graph. The title of the graph was “age at retirement versus age at death”. There was a significant negative slope on the curve indicating that working longer correlated to earlier demise. You can find a similar graph at various websites. I don’t know if the data is valid, but I decided to get out at 58.5. By the way, my friend who gave me the graph got out at 60 and he lasted six months due to an aneurysm. I encourage you to look at that graph.
Yeah, I was one of those showing that graph probably like 30 years ago. I'm still working full time at 65, because my wife ran up student loans and credit cards so high I need to work until I'm at least 70. My dad died at 67 while working, in an aerospace desk job just like me.
I just retired at 63. For the past 13 years I’ve been practicing piano 2-4 hours a day. Now I play with 3 different classical and jazz ensembles and perform at senior centers and hospitals in their arts for recovery program. I meet people and it keeps my mind active.
You are giving real wisdom. I am still under 50, but begin to very much prioritize my well-being. It is hard to do, but I do things that I plan to do after I retire.
Your videos have helped me make the decision not to delay any further. At 64 and 62 my wife and I are financially set, using an advisor, in good health and retired 2 months ago. About to embark on a South American tour, onto Egypt at the end of the year and in between, training for the next World Master's Swimming Championships. A lot of hobby's to keep us interested and seeking to thoroughly enjoy these early senior years.
I started dealing with health issues starting at 58 1st losing a kidney because of Kidney disease, then being diagnosed with prostrate cancer at 59, after a procedure with focal ablation I've been just fine, at 60 was diagnosed with Leukemia but fortunately and God's grace My numbers to date are low. I'm now reaching 66 retiring at 63 enjoying the best years of my life collecting Social Security and two small pensions .
Retired at 59.5 Major heart attack at 62. It's been 2 years. I will never be the same, but very glad to still be here. Retire ASAP. No one knows the hour.
I have an observation about not having enough time to exercise. I have a membership at a local gym that’s only $9.99/mo. I work out 3 days a week for an hour each time. How can people be so busy they don’t have 3 hours a week? Also, I was lucky enough to be able to bicycle to work. That’s a great way to exercise.
Because it’s not 3 hours. It’s a half hour to get there, a half hour to clean up afterwards, and a half hour back and that’s hard to do on a lunch hour. So now you have to exercise in the evening on the way home. Sometimes I could make that work, but I was written up for not returning to work at 10 pm (after a funeral and wake, the one and only personal event I ever took time off from work) and working overtime-meaning all night, so there was no support for my health at work. I rip muscles if I exercise in the morning. Eventually at 50, I quit that job and that career, because I recognized that I would never make it to 55. I went back and got another degree and moved into a second career.
Thanks Azul, I love these videos of yours, been with you since you only had a thousand subscribers and now you've got 138k, and not surprised!. I'm now in late fifties, I got out of the corporate world last year, now have a little part-time role in a charity, and today playing golf with my mates! Your insight is 'gold' and resonates with me so much. Just bought Bill Perkins book and can't wait to read it. Thanks from the UK.
Wow! Thanks for joining me on this journey. And congrats on leaving the corporate world! Enjoy your day golfing with friends and the rest of this new chapter of life. Your friend on UA-cam … 😎 Azul
Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $400K. considering all the inflation, i'm thinking of investing in stocks, i dont just have idea on market strategies.
At a point like this, when the pressure is already on you to retire, its best recommended you seek the services of an adviser, as this allows you make smarter investing decisions.
I retired at 45 years old , pension , financially stable , the problems with retiring early is boredom , 1st 6 month worked out like an Olympian , the boredom , injuries , slowed the workouts , when everybody else is working you things alone all the time , that’s get old , I would say best middle ground is love your career , workout your whole life , doesn’t take much time or energy and retire when your friends and family are retiring so u have company on adventures , and make sure your financial life is in order cause I’ve seen financial issues destroy more physical and mental health, then smoking
I am 51. I have a physical every 6-months with the 12-hour fast and blood draw. I don’t drink, smoke or do drugs. I am lucky I don’t work in an office. I can flex my work week between Sunday and Saturday. I schedule my workouts daily and workout 700 minutes a week. And I eat once a day. Evening. Light meal. Snack: cereal with low fat milk. Replaced chips with pretzels and peanuts. Staying healthy can help your finances in retirement better than anything you can do.
Drink plant based milk. Why consume hormones from a lactating mom? Apart from the unimaginable cruelty of killing babies, it's the fastest way to to breast/prostate cancer
I've been pretty active all my life. Basketball, weight training, etc. I pretty much eat what I want within reason and stay conscious of what I'm putting in my body. Being active isn't an activity.. ITS A LIFESTYLE. Nearing retirement and in great shape and same weight as i was in my early thirties.
Everything you said is true for me. I fought and fought to keep going with my business. When i finally was forced to stop i was thrilled. I wish i had not kicked that can down the road. Im so grateful i still have my health at 60 bloody 8.😅
I'm at retirement age and exercise everyday. I have a stationary bike I ride and watch my diet. The worse thing you can do is stop being active and stuff yourself with donuts and chips.
As someone who has successfully made the transition from urban university manager to rural orchardist at 64, I want to endorse Azul’s wisdom. Circumstances decided my time of retirement age 62. I was certainly close enough to my financial goals to make the shift but also I was totally prepared to make the tweaks Azul discusses to come in for a smooth landing into retirement with zero regrets.
Great video, but FYI, I believe you misstated your opening premise. At 34 seconds, in addition to money: “being wealthy is also having time and having wealth”. I think you meant health….
Fantastic advice and another great video. I like to think of exercise as building currency in the bank of my life. The more I add to it, the healthier I become, and the more dividends it will pay when I am ready to retire. The same principles of good finances apply to our health.
In Adam Grant ‘s book “Think Again” he dispels the boiling the frog story we have all heard. When the water gets too hot the frog will still jump out even if you put it in cold water and slowly warm it
I retired at 51 after 30 years as an engineer and executive. I was financially independent and have developed a much healthier lifestyle. I cook healthy meals, power walk every day and get plenty of sleep. I was sleep deprived for decades and often worked 7 days a week. No more.
Retired at 53,Why?, little brother had cancer,spent his lastyear with him,bucketlist,he died48,father 47, 3rd.heart.dead,I'm 65 now,7 heart attacks,15% heart function.Still getting around,live every day like it's your last, one day you'll be right. Worked my ass off ,starting at 12, have a 6 figure retirement income,GODBLESS ALL.
My uncle died shortly after retirement of a heart attack, his brothers died too soon, too; years later his son, retired, had a heart operation. Something in the family 'genes'. My dad's family has a 'problem' for some but not all. There's no operation or cure for it. You never know, live your life as best you can and in old age, hopefully, enjoy it. Dying in the traces isn't fair, but....
I've done sport all my life and you are so right, Time, Health and Invested Wealth are the key. We actually gave up our careers in our late 40s sold up and really simplified our situation. I ride my bike on Zwift every day for 1.30, it's my entertainment and keeps me very fit with a Resting HR of 38. We have a 14 year old daughter and it's been great to be at home when she comes home and chats about her day. I help people with their building projects around town for free and like to help those who help themselves. Life is Grand and as we near our 60s long may it last. Time is Finite for us all.
100%. I use resistance bands, calisthenics, and timed static contractions (isometrics). For strength. Walking & stretching daily. Nothing wrong with the gym, if that's your preference. But not at all necessary.
This is hitting me so hard. I am struggling to decide on retirement (I am 63.5 years old). I have moderate CAC and high cholesterol. I need to get to the gym and can't with my job! I want to enjoy and relax! What to do!
INSURANCE IS THE BIGGEST ISSUE FOR ME. ITS A RACE TO MEDICARE ! THREE MORE YEARS. WILL WORK FULL TIME TILL THEN. DONT WANT TO LOSE EVERYTHING I WORKED FOR OVER A POSSIBLE HEART ATTACK OR STROKE.
Unless you can afford Medicare Supplemental, Medicare is very restrictive. Cancer, stroke or a heart attack will bankrupt you. I have a Healthcare Proxy and have specifically stated that I don't want to go into a nursing home. What's the point of paying all that money for a terrible quality of life? May have early-stage dementia at 67. Will take my chances with little medical intervention.
@@myboyjasper You are so right with the nursing home thing! I told my Dad that he would never end up in a nursing home! I took care of him at the end of his life. I miss him! He was my best friend. I have a daughter that I raised myself. When it gets bad with me… Will get a hold of hospice, and take care of things at my house. I told my daughter to have my body cremated, and to not have a funeral. I don’t want anyone burdened by my death. Hopefully my soul will meet up with my Dad! Thanks for the reply!
A friend at 65 (his wife tried later to pinpoint the beginning) began making mistakes and doing 'what is he thinking' things. His job was figures, math, and he wasn't able to figure a tip in a restaurant. He died at 72 with Lewy's Bodies Dementia. His wife was 58 and now, still fine at 81 but not overly happy because of his planned retirement he never got to enjoy.
I am 65 going on 66. I cut back on work this year from 6 days a week to 4 days a week, thinking I needed to slow down. My work is meaningful and I love what I do. My worst days are the ones not at work. I pray every day for God to keep me healthy so that I can continue to work and help people. My mantra is: “ retire to what?” My advice is to love your work and what you do and continue if you can. If you retire you are most likely on a path of illness, cognitive decline and isolation.
My health started goin downhill at 50, when I was diagnosed with HBP and diabetes. At 57 my conditions are under control, but I'm eagerly looking forward to retirement.
Still working and had my knee replaced. But I am swimming playing pickelball playing softball walking and going to the gym. I am 60, the plan is to retire at 65 I work from home so it's relatively easy.
Yes nothing is guaranteed you can never plan the unexpected, few weeks ago my friend at work left for the weekend on Friday that Sunday morning he passed away at 57 Hit me hard I'm only a year older to say that my plans have become more urgent in regards to my future is an understatement there is no time to waste and I am going to get some enjoyment out of this life, I deserve it 🙏
At nearly 64 I’ve been working part time since turning 60. 1st shaved Fridays off and at 62 shaved off Mondays too making my work week 3 days and my my weekends 4. Gave up 80% of my clients to a 30 years old private banker in the process, reducing my business trips to the Middle East to 5-6 weeks/year from 18. Love every bit of it as my revenues are pretty much what they’ll be at 65. Cycling every day 12-20km and climbing 4-8 storeys on foot rather than by lift. Hope I’m doing well by your standards 😉
Retired to the Philippines at 51. Bike toured for 18 years now all over many islands. Gym 4 times a week and at 69 can out lift men half my age and leave most all behind on a mountain bike. Eat fresh daily from public markets, fish chicken veggies and fruit. Health is wealth....
People are facing a tough retirement. and it's even harder for workers to save due to low-paying jobs, inflation, and high rents. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire in.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
A song to be listened to by anyone presented with a chance to retire is ‘ That’s what they always say ‘ by the great Chris Rea . It sums up your wise words to a dam good tune .
after a life threatening (almost) event at 65yo i realised anything can happen anytime and there is little point extending working life if it chews up the duration of your retired life
What I find most shocking is how this applies fairly equally to men and women, women do indeed live a few years longer, on average, but those extra years are all in poor health, give or take a few months
I am so lucky. I am 64 and a personal trainer as a side job. I manage the gym in the same building that I do my main job. I am very disciplined with exercise and my nutrition. I also like to enjoy a few beers and red wine now and again. I take no medications and neither does my lovely wife who is 72. My ex-wife died suddenly last year at 61. My wife's mother died at 69 in 1991. Live every day as if it's your are last. We live in the UK and overall healt here isn't much better than in the US. On my gravestone, I am going to have inscribed, 'It's been a blast'.
I was laid off my job in April 2023 at age 60. All I could find was a contract job at half the pay I was making with zero medical benefits or vacation etc. I've been working it for a year now. I was hoping to at least have some friendly colleagues on my team. Nope. In this one year, I have aged exponentially. I see it in the new lines etched in my face plus the exaggerated aches and pains. I'm also pretty depressed. I'm thinking of retiring at 62 on SS. If I see my house, and move to cheaper state, I will be ok. I figure if I have to start over, I better do it now since I am not getting any younger.
The key is to have a balanced life during all phases of life. Be it student life or working life or old age. Healthy eating adequate sleep regular exercise and a life of passion for whatever you love doing. I am a 67 years eye surgeon with a passion for cross country skiing learning new languages and travelling the world. I am not thinking of retirement or quitting my work. I love my being a busy vitreo retinal surgeon and spending a useful life having a meaning but in my spare time I am always training for my next cross country skiing trip in the winters. Besides
I believe to live longer you should keep working. Everyone one i know who retired has gone down hill tremendously after retirement. If you do retire you must have an interest that keeps you physically active, that is key to a long life. My grandmother lived to 105, she was an avid gardener even well into her 90's she was out in her garden for more than 10 hours per day working and being productive.
High prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.
It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of investing in the stock market and potentially grow your retirement savings over time.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Jessica Dawn Walters” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
40 now, and everything is paid for. Fortunately, I had a college economics teacher who taught me a lesson when I was 18 years old. That lesson was: you can't buy something else for every purchase you make. Having multiple sources of income is prudent, as is living within your means. I have a 13-year-old vehicle because it is all I need, I like it, and I can do whatever I want with it. My net worth is $900k, and I can pay my bills without stress, but I don't live like I have that. I have no complaints.
I fully agree; I'm 56 years old and recently retired with approximately 1.2 million in outside retirement funds, no debt, and very few dollars in retirement funds in comparison to my portfolio balance over the last three years. To be honest, the financial advisor's role can only be ignored, not dismissed. Therefore do your research to get a reputable one and that should be any individuals main route into the market.
Yes, I'm in my mid-50s, and a few years back, I moved my investments to my wife's wealth manager. While I haven't caught up to her long-term gains, my current earnings and the growth of my retirement fund, compared to just relying on the 401(k), are pretty satisfying.
@@hunter-bourke21Impressive can you share more info?
Definitely! All of this happened in less than a year after *Izella Annette Anderson* told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.
oh! i never take this advises online seriously, but i checked Izella up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response
I retired at 53 and through my 60s had good health. I’ll soon be 71 and feeling my age but no major health problems yet but it’s coming. I’m so glad my plans put down at 22 played out. Nothing in the universe is permanent. Time is your greatest gift. Make the most of it.
Azule is a very wise man. Not because he is a genius (though he might be) but rather because he has thought long and hard on the subject. Take his advice seriously.
"I wish I spent more time at the office," said no one on their death bed, ever.
Perfect!!
You are spot on.
I was thinking that my chest and back bloody hurt and then nothing.......
I had no thoughts about work or anything like it.
Well that was a blockage in the left descending artery in the heart at 52.
Take care all and retire when you can. M
@@markeh1971 hope that you are doing alright now. Will put up some prayers for you
@@rhonddavincent2803 thank you Rhondda. Enjoy life and be thankful for what you have and those around you. M.
No one wishes about inputs, but they do wish they got that promotion, that pay rise, that larger home etc.
Unfortunately, people think they will live forever. Excellent video! I am 66 years old, and I was forced to retire because I couldn't find a job at my age. I was fortunate to work as long as I have. The best thing is when I sold my expensive home, stop working and got out of debt. I just bought a small home in the country to enjoy a quiet life. I am healthy and now stress free. Unfortunately, I have known too many people that died young, and not enjoying their retirement. Work stress is a killer.
My two college roommates died last year at 54.
I'm 61. All I could think about for the past year or two when I'm getting ready for work in the morning, was quitting. So I finally decided to start part time instead beginning in 2025. I'm so excited I can hardly stand it. It's my transition to retirement. I can't WAIT to start only working 20 hours a week. I don't even think of quitting any more. Yaaay for Me. :) ang
I am doing the same thing ; 24 hours per week next year😊
@@dan6756 By the way, I've also lived off just my pension since 10/1/2023 and banked everything else. Have you tried that yet?
@@angelaland4759 No pension. Just learn to spend less 😊
I did the same thing. I’m easing into retirement. I’m a nurse and work 7pm-7am. I work two 12 hours one week and then the next week only work one 12 hour shift. We self schedule so I work Monday and Tuesday the first week then Saturday the next week thus having 10 days off in a row. I need the health insurance until age 65- only 2 years 9 1/2 months to go but who is counting ( besides me)….
@@dan6756 It really feels good, doesn't it. :)
Seriously, stop the processed food. Stop the sugar. It worked for me.
Actually it's stop the Ultra Processed Foods
Sugar is probably the biggest problem.
@jdollar5852 Ultra Processed Foods including sugar - although sugar can actually be less harmful than artificial sweeteners !
Life is too short to deprive yourself of sugar.
@jamessteele7102 Life is too short to not stop eating Ultra Processed Food
You better believe it as an RN I see patients everyday in their 40’s-50’s-60’s Stroke, MI, Cancer, etc. when he says on average we lose our health at 65 he’s not lying !!
Coming from an RN, it carries lot of weight!! Thanks from a working 57 yo.
Lifestyle causes or aggravates most of these major chronic illnesses.
Carrying a lot of weight ... @@amadeus0123
Your future is never guaranteed. RN here as well, thought I was super healthy, got a cancer diagnosis at 53.
@@kloatlanta sorry about that I hope you’re able to recover from that 🙏🏻
I lost my very stressful job at 62 due to ageism. At first I was angry, hurt and frightened that my life was now over. However, now that I am almost 68, I believe that ending my career life was a Godsend. I am so much happier and experience so much less. Stress. I’m sure that if I had continued to work I would have died by now.
I hear you, same here!
Exactly same here!
I guess you're from England? In a LOT of countries you would already of state retired at 60
I just retired at age 62. There is ZERO doubt in my mind I just extended my life. I certainly just increased my happiness.
I sold my stressful small business at 60, which is what my wife and I planned since we were in our 30’s. I love it! Now 64, I do not miss the ever more demanding customers and immature employees, and my stress is virtually gone. I ride my road bike 60-80 miles a week, do weights and strength training, dropped 20lbs and at my last physical my doctor said my vitals are as good or better than when is was under 40. We saved and invested, and now managing my finances is my new job. One thing you discover is the quality of life and time to enjoy things is way more important than killing yourself working to upgrade to a newer expensive toy. Traveling, exercise, hobbies and spending more time with family and friends while you’re still young enough to do whatever you want is tuely how to win the game of life.
Retired at 60. Will stay retired even if I have live on the streets. No way on this earth will I go back to work for a company that never cared about me. NO way will I be subjected to the Politics and BS of corporate America
You're so lucky.... I have worked for corporate America for 36 years and you know how I'm... but by my Social security minimum age is 65 .... I'm 62... counting the days
Agree! In US we treat hard workers like shit!
I had a job that required lifting up to 200 pounds yet the mothafuckas in charge instead of having our uniforms be more of an athletic concept we instead forced to wear neckties which not only impedes on performance but cuts oxygen to the brain!
A dangerous health hazard but NOBODY cared or listened to me.
Neckties are fucking dumb even for white collar jobs but to force employees to wear them for a job that requires (sweat) athleticism makes no sense!
No wonder why we have health problems in this country.
I retired from a stressful job as a college instructor just 2 weeks ago at age 60 and I can feel the difference in my health already - finally able to prioritize getting exercise every day - my doctor told me that movement like walking is a major key to staying healthy, never mind the absence of job-related stress! I can't say I feel that I've lost very much from leaving a job that I found so difficult, particularly the last 4 years of it.
When you die, it is the end of the world. No need to worry about anyone else, they're already gone too. When you die, you take everything you've ever known, the people, your mind, memories, and ultimately the Earth with you as well as the Universe itself. My late father was a minister. Just like flowers, we bloom and then decay. Rejoice in the life you were fortunate enough to experience, and who knows, you might experience it again somewhere else.
My husband and I read the book, Die with Zero by Bill Perkins before we retired. Another book we had read was The Power of Enough by Lynn A. Miller. Both of us retired early and the books made it easier to transition our mindset from accumulation to enjoyment of our resources - time, money and health.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
More reason I enjoy my day to day market decisions is that i'm being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to
talking about coaching, do u consider anyone worthy for recommendations? I have about 80k to taste the waters now that large cap stocks are at a discount... thanks
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, ¨Sophia Maurine Lanting¨ turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
I just checked her out on google and I have sent her an email. I hope she gets back to me soon.
Azul, your videos are very interesting and hit home hard. I have known many people who had ample funds but operated under the foolish assumption that they would live until 100 years of age. It was so sad to see who inherited their money and blew it all in a short period of time.We should all think of death as a daily companion who can tap us on the shoulder any day. Keep up the good work...we need more wise men like you
@@MikeBentos-ne8wt One in 200 men make it to 100. Act accordingly.
@@robertmeyers3640it is actually 3 out of 10000 Americans - so not very likely
On top, when very old all you want to do is sit and watch TV if you are lucky enough not to be blind. A lot of money in the bank will not change the situation much.
I'm 79 and still working as a cad draftsperson, I'm sure it keeps me alive and motivated. We are all different.
Same here 67 now
Working isn’t the issue, but it’s the type of work you do. For me, I would like to teach math at a community college after retirement. Retirement doesn’t mean having a sedentary lifestyle to me
When I will retire I plan to be busy with all sort of things that I cannot do now because all my time is taken by my job. I love my job but I also want to do other things. It is my solution to keep me alive and motivated. But as you pointed out, we are all different and it is very good.
I started walking 5 miles a day 5 days a week over a year ago. Im down 65 pounds. Also quit drinking and eating healthy and intermittent fasting. Im 62 in January. Im still overweight but all other vitals good. Im losing friends, it sucks so Im pushing myself.
I am in the same boat. 62 I'm November, obese, swimming a lot what keeps my blood pressure and heart rate low. Joints are sufering, though. If a joint goes bad, bye bye retirement.
I'm taking the time to improve my fitness. I eat keto, walk 6 miles a day. I've lost 24lbs so far, and I'm almost out of the overweight BMI category (25.3). I love my job. I work locally, so there is no commute, and I only work 30 hours a week, with every third week off. This means, with 6 weeks holiday, we don't work for 23 weeks a year. I feel semi retired. The best of both worlds. My job gives me a reason to get up and be of service to others. I do feel blessed, even on a low income. I still enjoy the countryside and sunrise/sunsets. Enjoy the simple joys.
@@MrOsasco Hang in there gents. I've been walking and eating right for a few years. I'm slim and trim now. I wasn't before, but now I am. It feels good. You're on the right path.
@@heather333I did keto for a year. I felt better and my joints aren't stiff in the evenings. I'm 70.
@@DavidKroff I will see. Inhave nonidea what keto is
I was a healthy 54 year old. I did my 6 hours a week cardio and resistant training. Then at 55 i was diagnosed with multiple myeloma cancer. I'm 56 and my cancer is in remission but the damage was done. My bones are weak. instead of going back to work and risk injury we decided for me to retire and be a stay at home Dad. With my wife going back to work and other sources of income we are making it work. It's still not what i was bringing in on my own but we make it work.
There are so many things you can do to help your health that cost little, or can even save you money.
-Eat out at restaurants less, and cut back on take away food.
You have much more control over food that you prepare yourself at home, in terms of nutritional value.
-Drink plenty of water, cut out alcohol, fizzy drinks, and smoking.
-Cut down on red meat, sugar, salt, and dairy. Also do not over do it on bread/gluten.
-Walk/cycle more, and use the car a bit less.
-Don’t waste money on expensive gym memberships, unless you really enjoy it and want to.
There are a multitude of really good fitness, yoga, meditation classes online.
Also walking, running, cycling, and swimming are all free.
- Put aside some time specifically dedicated to your well being using a combination of any of the above, into your daily routine.
I stopped work at 63 and went back to work at 70. I work two online jobs that I love. I can do them from anywhere even when traveling. They help keep my mind sharp. I go to the gym 5 times a week and eat healthy. Now I weigh the same as when I was in my 20’s and feel way better than when I was in my 60’s
Can you tell us what kinds of jobs you do online?
At 70, I just started a new business. My Dad worked full-time in his business til 88, my grandfather in his til 94, and my great granddad worked his farm til 106. I don't have time to retire. Busy building things.
Yes! As my 98 year old friend "Zeb" says..."When you quit walk'in, you quit walk'in. "
Looks like work is not work for you. It is a passion. You look forward to work when you wake up each morning. Friday evening is no different from Monday morning. You work because you want to, and not because you need to. Good luck with the new business.
@amvora777 Thank you. I do realize that being self-employed is a different life than being an employee grinding away at a job. I think some folks are born with a personality for risk and independent endeavor, while others seek more structure and security. When times were tough, I found myself asking why I wasn't cut out for a regular job. As for those who worked away in jobs, I've no doubt that at times they might envy me the sunshine, but pity me the rain. Each of us is born differently and needs live our best accordingly. Best to all out there!
@@timcisneros1351 There's freedom when you're walkin', even tho you're walkin' slow.
Aww, that's great. Makes me think of Paul McCartney, who's in his early 80s and still touring. He obviously doesn't need the money and loves what he does. Unfortunately, I don't think for most people it's a realistic goal...to have a viable economy you need certain jobs that aren't really the best. And trying to make those seem better than they are is what people were doing pre-pandemic until they finally realized the job wasn't helping their quality of life.
Feeling younger than your years is true wealth
I’m 79 and have just spent a couple of days in hospital for a non-age related disease, just one of those random things - the first hospital stay since the maternity ward.
The thing is that because I do vigorous exercise, cycling, hiking, skiing every day my body was in the best possible shape to deal with it and I recovered very quickly and was out of there. So I really want to encourage people to get and keep fit.
I too have taken care of my health over the years and ironically, a few months before retirement and I have a rotator cuff injury and a rolled ankle. Rehabbing both plus working on reversing too much time being bent over a computer sitting in a chair. I’m doing it with the help of a PT and on my own. I’ll be fine, but it just confirms that I need to keep training always. I took several months off because I was building a large deck and thought I’d get enough exercise. I was wrong.😊
Lifestyle choices are so important.
My cousin was ready to retire early at around 57 years old. They asked him to stick around another 6 months. He agreed. Then a day or two later he was hit by a car and killed. He was healthy and fairly young by retirement standards. Sad day.
Terry
@@ForestToFarm oh dear, sorry for your loss.
@@ForestToFarm condolences for your loss but working 6 months more certainly didn’t get your cousin hit by a car. He could have been hit retired too…
@@esfahan1961 it was on the job. Nobody said it was because he worked 6 more months. The point is he could have retired snd would not have been working that day. If course anyone can get hit anytime. That really has nothing to do with the situation or the point of the video.
Terry
I'm sorry. . God that sux x
. Unlikely, since he would not have been at that specific location
I had a very stressful job at a Dental Clinic for 30 years. During Covid, I was offered a retirement incentive if I retired early (at age 64). You bet I took it, and, 4 years later, I am very glad that I did!
Got cancer at 66. Now 68. So far so good
I just stumbled on this. I'm about to turn 45 and I'm late in getting starting my wealth path but I hope to be like Warren Buffet and manage my business well in to my 90s. I have started taking my health seriously so that I can ensure I am able to do so. Staying healthy will buy you more time.
Most people would love to retire early but can’t afford to.
Last three and half years added four years to most people working.
I just retired and realize that I can't afford anything. Going for a mammogram tomorrow. Usually, they want to do more films, which aren't paid for by Medicare. This year, I will decline the extra films and take my chances.
If I am diagnosed with cancer, I will not seek treatment. Just turned 67. Single, no children. Looking at the long lense of the future, I do not want to wither away and cannot afford to anyway.
Thanku finally someone here in my boat
Years ago a good friend at work gave me a piece of paper and on the paper was a graph. The title of the graph was “age at retirement versus age at death”. There was a significant negative slope on the curve indicating that working longer correlated to earlier demise. You can find a similar graph at various websites. I don’t know if the data is valid, but I decided to get out at 58.5. By the way, my friend who gave me the graph got out at 60 and he lasted six months due to an aneurysm. I encourage you to look at that graph.
Yeah, I was one of those showing that graph probably like 30 years ago. I'm still working full time at 65, because my wife ran up student loans and credit cards so high I need to work until I'm at least 70. My dad died at 67 while working, in an aerospace desk job just like me.
I bet the friend who got out at 60 would still be around had he not stopped work
Thank you for the information and god bless you. I retired at 64 and I haven’t looked back the only thing I miss are my work friends.
I have seen people retire and the go back to work
Once people are about 62 or 63 they seem to get tired more
I just retired at 63. For the past 13 years I’ve been practicing piano 2-4 hours a day. Now I play with 3 different classical and jazz ensembles and perform at senior centers and hospitals in their arts for recovery program. I meet people and it keeps my mind active.
The problem is that we do not have a healthcare system to support early retirement. We depend on our jobs for health insurance.
You are giving real wisdom. I am still under 50, but begin to very much prioritize my well-being. It is hard to do, but I do things that I plan to do after I retire.
Your videos have helped me make the decision not to delay any further. At 64 and 62 my wife and I are financially set, using an advisor, in good health and retired 2 months ago. About to embark on a South American tour, onto Egypt at the end of the year and in between, training for the next World Master's Swimming Championships. A lot of hobby's to keep us interested and seeking to thoroughly enjoy these early senior years.
I started dealing with health issues starting at 58 1st losing a kidney because of Kidney disease, then being diagnosed with prostrate cancer at 59, after a procedure with focal ablation I've been just fine, at 60 was diagnosed with Leukemia but fortunately and God's grace My numbers to date are low. I'm now reaching 66 retiring at 63 enjoying the best years of my life collecting Social Security and two small pensions .
Retired at 59.5
Major heart attack at 62. It's been 2 years. I will never be the same, but very glad to still be here.
Retire ASAP. No one knows the hour.
I have an observation about not having enough time to exercise. I have a membership at a local gym that’s only $9.99/mo. I work out 3 days a week for an hour each time. How can people be so busy they don’t have 3 hours a week? Also, I was lucky enough to be able to bicycle to work. That’s a great way to exercise.
Because it’s not 3 hours. It’s a half hour to get there, a half hour to clean up afterwards, and a half hour back and that’s hard to do on a lunch hour. So now you have to exercise in the evening on the way home. Sometimes I could make that work, but I was written up for not returning to work at 10 pm (after a funeral and wake, the one and only personal event I ever took time off from work) and working overtime-meaning all night, so there was no support for my health at work. I rip muscles if I exercise in the morning. Eventually at 50, I quit that job and that career, because I recognized that I would never make it to 55. I went back and got another degree and moved into a second career.
Because they’re lazy and excuse makers
Thanks Azul, I love these videos of yours, been with you since you only had a thousand subscribers and now you've got 138k, and not surprised!. I'm now in late fifties, I got out of the corporate world last year, now have a little part-time role in a charity, and today playing golf with my mates! Your insight is 'gold' and resonates with me so much. Just bought Bill Perkins book and can't wait to read it. Thanks from the UK.
Wow! Thanks for joining me on this journey. And congrats on leaving the corporate world! Enjoy your day golfing with friends and the rest of this new chapter of life. Your friend on UA-cam … 😎 Azul
Love for me was retiring to Thailand at 62 with my younger/thin/pretty Thai gf-swim/gym/steam/pool daily-zero stress-$3 bolt rides-healthy-fresh food!
I was offered a job for 200 dollars an hour that was flexible but I turned it down at age 50 and retired because it would cut into my workouts.
😅
@@sallyjb6209true. I’ve always been frugal even as a 10 year old buying silver with my paper route money.
Thank you Azul for your videos.
Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $400K. considering all the inflation, i'm thinking of investing in stocks, i dont just have idea on market strategies.
Do you plan on retiring before 59?
That is what determines it for me. I switched to cash flowing assets because I wanted to retire early.
At a point like this, when the pressure is already on you to retire, its best recommended you seek the services of an adviser, as this allows you make smarter investing decisions.
Can you recommend any? I am in need of a Cfp to grow my retirement account.
Melissa Terri Swayne’ is the licensed adviser I use. Just research the name. You’d find necessary details to work with to set up an appointment.
I retired at 45 years old , pension , financially stable , the problems with retiring early is boredom , 1st 6 month worked out like an Olympian , the boredom , injuries , slowed the workouts , when everybody else is working you things alone all the time , that’s get old , I would say best middle ground is love your career , workout your whole life , doesn’t take much time or energy and retire when your friends and family are retiring so u have company on adventures , and make sure your financial life is in order cause I’ve seen financial issues destroy more physical and mental health, then smoking
68, retired at 54. No regrets , very healthy, time really goes by quickly. Don’t postpone
I am 51. I have a physical every 6-months with the 12-hour fast and blood draw. I don’t drink, smoke or do drugs. I am lucky I don’t work in an office. I can flex my work week between Sunday and Saturday. I schedule my workouts daily and workout 700 minutes a week.
And I eat once a day. Evening. Light meal. Snack: cereal with low fat milk. Replaced chips with pretzels and peanuts. Staying healthy can help your finances in retirement better than anything you can do.
You workout 1hr 40 mins every day but live on 1 meal per day lol.
Drink plant based milk. Why consume hormones from a lactating mom? Apart from the unimaginable cruelty of killing babies, it's the fastest way to to breast/prostate cancer
I've been pretty active all my life. Basketball, weight training, etc. I pretty much eat what I want within reason and stay conscious of what I'm putting in my body. Being active isn't an activity.. ITS A LIFESTYLE. Nearing retirement and in great shape and same weight as i was in my early thirties.
Everything you said is true for me. I fought and fought to keep going with my business. When i finally was forced to stop i was thrilled. I wish i had not kicked that can down the road. Im so grateful i still have my health at 60 bloody 8.😅
Thank you for sharing this with us.
I'm at retirement age and exercise everyday. I have a stationary bike I ride and watch my diet. The worse thing you can do is stop being active and stuff yourself with donuts and chips.
As someone who has successfully made the transition from urban university manager to rural orchardist at 64, I want to endorse Azul’s wisdom. Circumstances decided my time of retirement age 62. I was certainly close enough to my financial goals to make the shift but also I was totally prepared to make the tweaks Azul discusses to come in for a smooth landing into retirement with zero regrets.
You are phenomenal with such wonderful life tips as well as financial!
Money, Time, and Wealth. In the opening, I believe you meant to say, Wealth, Time, and Health.
Great video, but FYI, I believe you misstated your opening premise. At 34 seconds, in addition to money: “being wealthy is also having time and having wealth”. I think you meant health….
Fantastic advice and another great video. I like to think of exercise as building currency in the bank of my life. The more I add to it, the healthier I become, and the more dividends it will pay when I am ready to retire. The same principles of good finances apply to our health.
In Adam Grant ‘s book “Think Again” he dispels the boiling the frog story we have all heard. When the water gets too hot the frog will still jump out even if you put it in cold water and slowly warm it
I retired at 51 after 30 years as an engineer and executive. I was financially independent and have developed a much healthier lifestyle. I cook healthy meals, power walk every day and get plenty of sleep. I was sleep deprived for decades and often worked 7 days a week. No more.
Great vlog, Azul! So important a topic for older workers.
Retired at 53,Why?, little brother had cancer,spent his lastyear with him,bucketlist,he died48,father 47, 3rd.heart.dead,I'm 65 now,7 heart attacks,15% heart function.Still getting around,live every day like it's your last, one day you'll be right. Worked my ass off ,starting at 12, have a 6 figure retirement income,GODBLESS ALL.
My uncle died shortly after retirement of a heart attack, his brothers died too soon, too; years later his son, retired, had a heart operation. Something in the family 'genes'. My dad's family has a 'problem' for some but not all. There's no operation or cure for it. You never know, live your life as best you can and in old age, hopefully, enjoy it. Dying in the traces isn't fair, but....
I was medically retired in my late 50's. The job was literally killing me.
Ended up with high blood pressure, so now I can't eat good food. Retire early, stop stress, and go eat all the good food you want.
Well said Azul. Could not agree more.
I've done sport all my life and you are so right, Time, Health and Invested Wealth are the key. We actually gave up our careers in our late 40s sold up and really simplified our situation. I ride my bike on Zwift every day for 1.30, it's my entertainment and keeps me very fit with a Resting HR of 38. We have a 14 year old daughter and it's been great to be at home when she comes home and chats about her day. I help people with their building projects around town for free and like to help those who help themselves. Life is Grand and as we near our 60s long may it last. Time is Finite for us all.
You DO NOT need to go to a gym to stay healthy and fit. There are many upon many exercizes that can be performed at home.
Yup that’s what I do
I can’t stand to hear the word gym
100%. I use resistance bands, calisthenics, and timed static contractions (isometrics). For strength. Walking & stretching daily. Nothing wrong with the gym, if that's your preference. But not at all necessary.
@@doriasalmon4790 why?
Yes true, walking is sufficient at a later age, you don't need a gym, I've never been in one in my life
This is hitting me so hard. I am struggling to decide on retirement (I am 63.5 years old). I have moderate CAC and high cholesterol. I need to get to the gym and can't with my job! I want to enjoy and relax! What to do!
I recommend getting out ASAP. Think it over, have counsel from advisors pro and con and make your decision!
It’s a tough decision, don’t get caught trading money for time.
Main problem is, you are too young for Medicare.
What do you mean you can’t with your job?
Stop consuming cholesterol laden animal flesh and secretions. Watch FORKS OVER KNIVES and THE GAME CHANGERS
INSURANCE IS THE BIGGEST ISSUE FOR ME. ITS A RACE TO MEDICARE ! THREE MORE YEARS. WILL WORK FULL TIME TILL THEN. DONT WANT TO LOSE EVERYTHING I WORKED FOR OVER A POSSIBLE HEART ATTACK OR STROKE.
Unless you can afford Medicare Supplemental, Medicare is very restrictive. Cancer, stroke or a heart attack will bankrupt you.
I have a Healthcare Proxy and have specifically stated that I don't want to go into a nursing home. What's the point of paying all that money for a terrible quality of life?
May have early-stage dementia at 67. Will take my chances with little medical intervention.
@@myboyjasper You are so right with the nursing home thing! I told my Dad that he would never end up in a nursing home! I took care of him at the end of his life. I miss him! He was my best friend. I have a daughter that I raised myself. When it gets bad with me… Will get a hold of hospice, and take care of things at my house. I told my daughter to have my body cremated, and to not have a funeral. I don’t want anyone burdened by my death. Hopefully my soul will meet up with my Dad! Thanks for the reply!
A friend at 65 (his wife tried later to pinpoint the beginning) began making mistakes and doing 'what is he thinking' things. His job was figures, math, and he wasn't able to figure a tip in a restaurant. He died at 72 with Lewy's Bodies Dementia. His wife was 58 and now, still fine at 81 but not overly happy because of his planned retirement he never got to enjoy.
I am 65 going on 66. I cut back on work this year from 6 days a week to 4 days a week, thinking I needed to slow down. My work is meaningful and I love what I do. My worst days are the ones not at work. I pray every day for God to keep me healthy so that I can continue to work and help people. My mantra is: “ retire to what?” My advice is to love your work and what you do and continue if you can. If you retire you are most likely on a path of illness, cognitive decline and isolation.
My health started goin downhill at 50, when I was diagnosed with HBP and diabetes. At 57 my conditions are under control, but I'm eagerly looking forward to retirement.
You can reverse type 2 diabetes with low fat whole food plant based diet. No medication needed
Still working and had my knee replaced. But I am swimming playing pickelball playing softball walking and going to the gym. I am 60, the plan is to retire at 65 I work from home so it's relatively easy.
"with absolute certainty...nothing compares to exercise." - Peter Attia
Yes nothing is guaranteed you can never plan the unexpected, few weeks ago my friend at work left for the weekend on Friday that Sunday morning he passed away at 57 Hit me hard I'm only a year older to say that my plans have become more urgent in regards to my future is an understatement there is no time to waste and I am going to get some enjoyment out of this life, I deserve it 🙏
At nearly 64 I’ve been working part time since turning 60. 1st shaved Fridays off and at 62 shaved off Mondays too making my work week 3 days and my my weekends 4. Gave up 80% of my clients to a 30 years old private banker in the process, reducing my business trips to the Middle East to 5-6 weeks/year from 18. Love every bit of it as my revenues are pretty much what they’ll be at 65. Cycling every day 12-20km and climbing 4-8 storeys on foot rather than by lift. Hope I’m doing well by your standards 😉
👍
Yes, working Tuesday, Wednesday and Thursday is a wonderful lifestyle (and a slightly unfortunate acronym)
Retired to the Philippines at 51. Bike toured for 18 years now all over many islands. Gym 4 times a week and at 69 can out lift men half my age and leave most all behind on a mountain bike. Eat fresh daily from public markets, fish chicken veggies and fruit. Health is wealth....
Ii retired at 45/46yo to Thailand now I an 62, fit healthy, strong and happy. Just got up its 7.00 am sun is shining I am off for my daily 6km.jog.
I read an article that “Dying at your work desk is not a good retirement plan.” Life is too short and time so fast.
Buy a bullworker it’s 120 quid in uk and I do that 4 days a week for an hour plus walking 5 or so days a week no gym needed
Great videos, Azul! Thank you
What are you waiting for Azul? When will you retire and put all this knowledge into action for yourself? Good message, thanks for sharing.
I think he’s only 59-60
@@dantheman6607 Exactly. He speaks of retiring as soon as you can and enjoying the youth of your senior years. I retired at 57.
Reading the comments I feel blessed.
People are facing a tough retirement. and it's even harder for workers to save due to low-paying jobs, inflation, and high rents. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire in.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
Hi Sir, nice presentation. This video speaks to my heart 🎉🎉🎉
I appreciate what I’ve heard here, thanks for sharing!
i retired at 48 now 61 wish i would have stayed working now OH WELL
A song to be listened to by anyone presented with a chance to retire is ‘ That’s what they always say ‘ by the great Chris Rea . It sums up your wise words to a dam good tune .
after a life threatening (almost) event at 65yo i realised anything can happen anytime and there is little point extending working life if it chews up the duration of your retired life
What you need is stay healthy. Keep working if you can do it. It's better for the mind, body and soul.
Yes that's what I say too. If you enjoy your job and it's not stressful, then keep working. Always keep moving
Brilliant mate, thank you and greetings from Durham uk
What I find most shocking is how this applies fairly equally to men and women, women do indeed live a few years longer, on average, but those extra years are all in poor health, give or take a few months
I am so lucky. I am 64 and a personal trainer as a side job. I manage the gym in the same building that I do my main job. I am very disciplined with exercise and my nutrition. I also like to enjoy a few beers and red wine now and again. I take no medications and neither does my lovely wife who is 72. My ex-wife died suddenly last year at 61. My wife's mother died at 69 in 1991. Live every day as if it's your are last. We live in the UK and overall healt here isn't much better than in the US. On my gravestone, I am going to have inscribed, 'It's been a blast'.
I was laid off my job in April 2023 at age 60. All I could find was a contract job at half the pay I was making with zero medical benefits or vacation etc. I've been working it for a year now. I was hoping to at least have some friendly colleagues on my team. Nope. In this one year, I have aged exponentially. I see it in the new lines etched in my face plus the exaggerated aches and pains. I'm also pretty depressed. I'm thinking of retiring at 62 on SS. If I see my house, and move to cheaper state, I will be ok. I figure if I have to start over, I better do it now since I am not getting any younger.
Don’t retire sooner, take better care of yourself sooner! Geez.
The key is to have a balanced life during all phases of life. Be it student life or working life or old age. Healthy eating adequate sleep regular exercise and a life of passion for whatever you love doing. I am a 67 years eye surgeon with a passion for cross country skiing learning new languages and travelling the world. I am not thinking of retirement or quitting my work. I love my being a busy vitreo retinal surgeon and spending a useful life having a meaning but in my spare time I am always training for my next cross country skiing trip in the winters. Besides
Lift heavy, walk more, stop binging(eat a little less than enough)
Great advice indeed thank you so much.
So the three things are: 1. Being wealthy. 2. Having time. 3. Having wealth.
Got it.
Sage advice
Thank you
Well said!
I believe to live longer you should keep working. Everyone one i know who retired has gone down hill tremendously after retirement. If you do retire you must have an interest that keeps you physically active, that is key to a long life. My grandmother lived to 105, she was an avid gardener even well into her 90's she was out in her garden for more than 10 hours per day working and being productive.
You make a lot of sense.
High prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.
It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of investing in the stock market and potentially grow your retirement savings over time.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Jessica Dawn Walters” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
I just curiously looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.