One not so small (gigantic actually!) change that I will make in 2025 to simplify my life is to retire! Living simply and with a purpose allows us to thrive in retirement regardless of the size of our nest egg. All great advice, Trena!
I love how calmly and concisely you speak. A lot of the finance content makers are much more intense and make videos of double or triple this length. You get straight to the point. Also, it's notable that I enjoy your channel as a 40 year old married man, so your audience has definitely become more diverse than your own situation. Also, I noticed that the "early retirement police" have made it to the comment section. Heaven forbid you pick up a hobby that makes money. This happens to all the early retirement content creators and is a rite of passage. Keep up the great content!
Great common sense advice, Trina. Wanna lose weight? Track/Count your calories. Wanna get in shape? Track/Count your steps. Wanna save money? Track/Count your money. All of these things are easier said than done, because they all require an investment of your time. Life is about priorities. You will make time for the things that are most important to you. I started seriously saving for retirement a few years ago. My first move was to develop a realistic budget and stick to it by tracking every dollar. Best decision I ever made. I paid off my 15-year mortgage in just over 5 years. I have more money in savings than I’ve ever had in my life, and while I’m nowhere close to having the amount of money “the experts” say I will need for retirement, my plan and budget say I’ll be fine. Hoping to retire in the next year. 😊
Being frugal is not about being cheap. Being cheap is about saving money at the expense of taking advantage of others or stiffing others. Being frugal is about conscious spending. Conscious spending is about spending money on things that truly matter and on expenses that bring true fulfillment.
Finding nature, hiking etc in retirement is such fun. Now that I don’t have to answer to a demanding schedule, I can finally take the time to enjoy the world around me. And yes, it’s typically free or close to it. I’m finding that my budget requirement in retirement is significantly less than during my most recent working years.
To punctuate the part about minimizing, it cannot be emphasized enough. I've got a house filled with "I've gotta have its" purchased at various times in my life. Now, as retirement approaches, it turns out I never needed most of those things and they were largely forgotten shortly after opening the box they arrived in. I don't consider myself a super minimalist, but there's a lot -- a LOT -- to be said for living as simple a life as possible.
I am so falling in love with the minimalist movement. Sitting here looking around I am drowning in stuff. Subscriptions I don’t need. Nicknacks that just sit there gathering dust. Getting rid of all of life’s debris is my next goal. Lol just found my first work uniform in storage. Started a new mantra, just because it is on sale, if I don’t need it, it is not a bargain.
what a breath of fresh air....ahhhhhhhhh. I love the simple life too. happiness, joy satisfaction, stress-free living doesn't cost much. It's a mindset. Enjoy life. Thank you for making this video.
Thanks for sharing! I'm not retired yet, but I'm obsessed with being in nature. I recently became a certified Forest Therapy Guide, and I'm currently taking a wilderness 1st aid course.
This week was one of those weeks where the brutal GRIND of corporate America really kicked my ass - good Lord, help me make it another couple years! Can’t wait to get off the miserable hamster wheel……..😱
Retirement becomes truly fulfilling when you possess two essential elements: ample financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement.
Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
When you moved how did you find your outdoor and book clubs. FB? Maybe you want to do a video about your home. Condo or detached house, bedrooms, bad rooms, sq ft. Part of HOA or not etc.
I am a bit introvert so I enjoy not being exposed to a lot of people everyday when I go on retirement as I do in my work. However my identity and status hangs on my job so if i retire I think I will loos a lot of friends.
You might consider starting a social hobby now, before you retire. Board gaming, bowling, knitting, book club, walking groups, volunteering, etc. Anything that's fun for you, and creates an excuse to be around other people.
T, serving others helps me keep life simple. 5 children and 3 grandchildren may sound complicated but it truly is rewarding to assist when needed. Keeping involved with community and church opportunities helps me remain grounded. Really like your ideas about keeping a simple life and living modestly. Keep up the good work. L
Very good advice. Thanks for sharing. I definitely need to look at digital subscriptions. I signed up for a few based on initial offers to sign up for free or for very low cost, but am now noticing more substantial monthly charges. In addition to the cost, my inbox is cluttered with headlines from multiple news sources. Cancelling the subscription would give me more money and more time - a double simplification.
Can you please explain free books to me? I used to read all the time but buying books is so expensive. I live in a very small town and not a lot of books at our little library. Thanks for your channel! Oh also what is the free meditation app? I’m paying for an app and would love to cut that expense.
@superriley02 great questions! Most libraries offer e books and audio books on the Libby app. Download the app, enter your library card number and pin. Then Wala! You can check them out. If your local library doesn't offer that, there are other libraries that will let you get a library card online, without having to live near them. And the meditation app is the free version of the Calm app. Enjoy!
Great video, thanks. I was wondering, what do you think is the youngest age someone could retire at with $500,000 if they had your lifestyle and level of spending?
You have only been retired a short time.You can only answer this question years from now. You can retire on $50,000.Making it last for a reasonable period of time is the trick.
She's now making UA-cam income so as not to dip into savings. It's her side gig. So it's not really "retirement" is it? Same with that guy, Duane, out in California.
@@rubicon3416 Right. She basically just changed jobs. I've been exploring starting a podcast in my impending retirement. It takes up quite a bit of time to generate 1-2 podcasts per week which is what you need to do to be successful. UA-cam content would be similar.
Cynics in the house! Curious to know why you are watching my videos if you feel this way? It doesn't take that much time to make an 8 minute video. You set up your phone, hit record, and talk. Trust me, this is not a job. I can come and go as I please from this channel. Unlike working a 9-5 grind. It is a fun hobby that I am fortunate enough to be able to make some $$ from. YT income is not a guarantee, nor is the income anything you can rely on. I wish you well in your channel launch though!
What’s one small change you could make to simplify your life?
One not so small (gigantic actually!) change that I will make in 2025 to simplify my life is to retire! Living simply and with a purpose allows us to thrive in retirement regardless of the size of our nest egg. All great advice, Trena!
@@meemka8251 I'm retiring too! 10 more business days!!
I hear what you're saying. I live a frugal lifestyle, blue jeans and 'Crocs'. And , a regular dose of cat videos.😀
I love how calmly and concisely you speak. A lot of the finance content makers are much more intense and make videos of double or triple this length. You get straight to the point. Also, it's notable that I enjoy your channel as a 40 year old married man, so your audience has definitely become more diverse than your own situation.
Also, I noticed that the "early retirement police" have made it to the comment section. Heaven forbid you pick up a hobby that makes money. This happens to all the early retirement content creators and is a rite of passage. Keep up the great content!
Yes, it is a shame that some folks have to be negative. I'm going to keep doing what I do! Thanks so much for your support!
Great common sense advice, Trina. Wanna lose weight? Track/Count your calories. Wanna get in shape? Track/Count your steps. Wanna save money? Track/Count your money. All of these things are easier said than done, because they all require an investment of your time. Life is about priorities. You will make time for the things that are most important to you.
I started seriously saving for retirement a few years ago. My first move was to develop a realistic budget and stick to it by tracking every dollar. Best decision I ever made. I paid off my 15-year mortgage in just over 5 years. I have more money in savings than I’ve ever had in my life, and while I’m nowhere close to having the amount of money “the experts” say I will need for retirement, my plan and budget say I’ll be fine. Hoping to retire in the next year. 😊
Kelly, that is fantastic! Congratulations on some excellent planning!
Love these vids. So much good info, thanks.
Glad you like them!
Being frugal is not about being cheap. Being cheap is about saving money at the expense of taking advantage of others or stiffing others. Being frugal is about conscious spending. Conscious spending is about spending money on things that truly matter and on expenses that bring true fulfillment.
Wise words David!
Exactly. It's spending "wisely"👍👍
Finding nature, hiking etc in retirement is such fun. Now that I don’t have to answer to a demanding schedule, I can finally take the time to enjoy the world around me. And yes, it’s typically free or close to it. I’m finding that my budget requirement in retirement is significantly less than during my most recent working years.
That's awesome!
The hair, tattoo…whew, smoking 🔥
😊
Grounded for an entire summer!! That is a story I want to hear next time!!😂
haha! My mother was a bit extreme on that one for sure!
Let's face it. Without the ACA for healthcare, there would be a lot fewer retirees under the age of 65.
I was a Republican until they tried to destroy it. Thank God for John McCain.
you are probably right!
To punctuate the part about minimizing, it cannot be emphasized enough. I've got a house filled with "I've gotta have its" purchased at various times in my life. Now, as retirement approaches, it turns out I never needed most of those things and they were largely forgotten shortly after opening the box they arrived in. I don't consider myself a super minimalist, but there's a lot -- a LOT -- to be said for living as simple a life as possible.
I agree! And I have sold a lot of my no longer needed stuff through Ebay and Facebook Marketplace. Nice way to recoup some of the $$.
I am so falling in love with the minimalist movement. Sitting here looking around I am drowning in stuff. Subscriptions I don’t need. Nicknacks that just sit there gathering dust. Getting rid of all of life’s debris is my next goal. Lol just found my first work uniform in storage. Started a new mantra, just because it is on sale, if I don’t need it, it is not a bargain.
You got this!!
what a breath of fresh air....ahhhhhhhhh. I love the simple life too. happiness, joy satisfaction, stress-free living doesn't cost much. It's a mindset. Enjoy life. Thank you for making this video.
That’s exactly right!
Thanks for sharing! I'm not retired yet, but I'm obsessed with being in nature. I recently became a certified Forest Therapy Guide, and I'm currently taking a wilderness 1st aid course.
Those both sound really interesting! I signed up for a Master Gardener course.
@retirethisway that's awesome!
Great stuff, Trina! Thank You!
You are very welcome!
This week was one of those weeks where the brutal GRIND of corporate America really kicked my ass - good Lord, help me make it another couple years! Can’t wait to get off the miserable hamster wheel……..😱
I remember those days. I am sorry!
getting rid of stuff I don't use or need...its simple, but very hard.
If you sold the extra stuff for extra cash would that help you part with it?
@@retirethisway No, I don't really need the money, and I always think I might need that item sometime, but never do.
good video!
😊
Retirement becomes truly fulfilling when you possess two essential elements: ample financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement.
Indeed!
Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
Health ❤
So....what did the little vixen do that got her grounded all summer 🙂
haha! Nothing that warranted that extreme of a punishment!
Lol my silver vixen term is catching 😁
inspirational
thanks!
When you moved how did you find your outdoor and book clubs. FB? Maybe you want to do a video about your home. Condo or detached house, bedrooms, bad rooms, sq ft. Part of HOA or not etc.
Great suggestions! I will add it to my video list. With regards to the activities, I LOVE meetup.org. That is where I have found most of my goups.
Well of course we need to ask - what were you grounded for an entire summer for???? ;)
I may have to create a video on that topic. But trust me, the crime didn't fit the punishment!
I am a bit introvert so I enjoy not being exposed to a lot of people everyday when I go on retirement as I do in my work. However my identity and status hangs on my job so if i retire I think I will loos a lot of friends.
You might consider starting a social hobby now, before you retire. Board gaming, bowling, knitting, book club, walking groups, volunteering, etc. Anything that's fun for you, and creates an excuse to be around other people.
great advice Kevin!
@@kevinsmith9899 i wonder if I could join a photo club again, as I am horrible at bowling and I hate to loose everytime. thanks for the advise.
T, serving others helps me keep life simple. 5 children and 3 grandchildren may sound complicated but it truly is rewarding to assist when needed. Keeping involved with community and church opportunities helps me remain grounded. Really like your ideas about keeping a simple life and living modestly. Keep up the good work. L
That sounds like a wonderful life! Thanks for tuning in!
I have to admit it everything you said I agree with a lady after my own heart :)
😊
Very good advice. Thanks for sharing. I definitely need to look at digital subscriptions. I signed up for a few based on initial offers to sign up for free or for very low cost, but am now noticing more substantial monthly charges. In addition to the cost, my inbox is cluttered with headlines from multiple news sources. Cancelling the subscription would give me more money and more time - a double simplification.
I'm so glad you're taking control of your subscriptions - it's a great step to simplify your life and finances! Good job!
Can you please explain free books to me? I used to read all the time but buying books is so expensive. I live in a very small town and not a lot of books at our little library. Thanks for your channel! Oh also what is the free meditation app? I’m paying for an app and would love to cut that expense.
@superriley02 great questions! Most libraries offer e books and audio books on the Libby app. Download the app, enter your library card number and pin. Then Wala! You can check them out. If your local library doesn't offer that, there are other libraries that will let you get a library card online, without having to live near them. And the meditation app is the free version of the Calm app. Enjoy!
Great video, thanks. I was wondering, what do you think is the youngest age someone could retire at with $500,000 if they had your lifestyle and level of spending?
You have only been retired a short time.You can only answer this question years from now. You can retire on $50,000.Making it last for a reasonable period of time is the trick.
She's now making UA-cam income so as not to dip into savings. It's her side gig. So it's not really "retirement" is it? Same with that guy, Duane, out in California.
@@rubicon3416 Right. She basically just changed jobs. I've been exploring starting a podcast in my impending retirement. It takes up quite a bit of time to generate 1-2 podcasts per week which is what you need to do to be successful. UA-cam content would be similar.
I am sharing my journey, and everything in this video is true for anyone, at any age.
Cynics in the house! Curious to know why you are watching my videos if you feel this way? It doesn't take that much time to make an 8 minute video. You set up your phone, hit record, and talk. Trust me, this is not a job. I can come and go as I please from this channel. Unlike working a 9-5 grind. It is a fun hobby that I am fortunate enough to be able to make some $$ from. YT income is not a guarantee, nor is the income anything you can rely on. I wish you well in your channel launch though!
I suppose retirement can mean different things to different people. As long as I don't have to work a 9-5 grind, I consider myself retired!