Living in the U.S., one can be made to feel as a failure if your retirement account doesn't meet a certain threshold. This video lends hope to those feeling discouraged! Personally, it is key to make and stick to a budget. Being a married couple, budgeting can be a challenge. For us, the method I used, spreadsheets, just made my spouse's eyes roll back in her head when I presented them. (For her is was just a bunch of numbers on a page.) Our retirement financial outlook really didn't gain traction until we started using a budgeting app. It was a method we both could get behind and would use together. We climbed out of debt using a budgeting app and still use it today to stay out of debt.Beautiful walk BTW. What's better than a beautiful walk with coffee at the end? 😃
Ola Chris, You are right! What is better than a lovely walk with coffee at the end. We had a nice day and the best part of this walk is you can safely take children along and well it is easy for us old folk. As for the budgeting app. They really do help you at any level to understand where your money is going and make better choices. Hope to see you on the meetup tonight. Have a wonderful day, Alan and Leslie
For us, it's about living below our means and never chasing our bills! We go out when we want and have security in owning a home we can afford no matter what...No rent or landlords! We live very comfortably on a modest income, do not work(except on our home) and do not chase our bills! We are lucky and blessed with a good life!! Key is spending less than you make...And doing the research and footwork to finding your dream! ❤Portugal
Ola Tamara You nailed it! That is how we feel. We can have a choice it is just matter of understanding how to set it up no matter where you are starting from. Thanks for always being here with us. We appreciate it. Have a wonderful day! Alan, Leslie and Wolf
And we love you for it!!!! Thank you so much for your support! Because 'Life Is Short' and 'We Should Have Done This Sooner!'. Have a wonderful day! Alan, Leslie and Wolf
Hi Alan. Another informative video. Yes, don’t spend money on new cars. That is easier said than done to some people. Obviously everyone is entitled to do whatever they want with their money. I just drive old cars and save on the loan interest. Just today I was fitting a new ABS sensor in my old banger. I’m not a mechanic but I educated myself to maintain my cars in order to save a bit more for my retirement.😅
Ola Rui, We totally agree. I have only had one new car in my life and I put 150,000 miles on it before I sold it. Just like learning about finances it is important to understand as much as possible. Nobody will keep your best interests at heart like you will. See ya, Alan
Ola cookmaster Thanks for being here. We appreciate your support. We hope it that helps encourage others letting them know that there is way to build there dreams. Have a wonderful day Alan and Leslie
Ola Rui And that walk is great to take with children. It is so safe has treats at the end, ducks to feed. It is family perfect. Thanks for being here! Alan
Great video. Retired to mainland portugal 5 years ago and our doing very well on 500000k savings and wife's social security and are debt free. Your video reminded me of the quote " the opposite of poverty is enough. Tem boa sorte no sua aventura
Olá @anthonybutler3157, Thanks for watching and supporting our channel. Sounds like you are doing just fine. We appreciate your support. Muito obrigado, Alan, Leslie and Wolf
Thanks for the walk through on the financials, pun intended. Question, assuming you haven't mastered the Portuguese language yet, is it difficult to do the day/day things on Madeira for someone who doesn't speak Portuguese?
Ola! Sim, your assumption is correct. Sadly we are not very good at the language. However it is very easy to live on the island while you are learning the language. Thanks for being here! Have a wonderful day, Alan, Leslie and Wolf
Its crazy when I was younger, I made less, but had more. Life was better. Now I make lot more, and can bearly make it month to month. Its crazy. I will have a pension of 3,400 month. No savings. Then also social security when I get of age.
Ola Rosa You said that right. But it sounds like it is all going to work out well for you when you retire. Thanks for being here and taking g part in our channel. Have a wonderful day, Alan
Ola Italy gil, Glad your here. You can join us on Patreon at www.patreon.com/itllbefun there is a free week just pop in and send us a note. Or we invite you to join at the next level for the group meet up which is later today at 7pm Madeira Island time. Hope to hear from you soon. Have a wonderful day, Alan
Ola! Yes, we have discussed all of this! Isn't it freeing to get to say it out loud! And thank you we are slowly getting our weight back under control. It was wonderful seeing you! Have a wonderful day, Alan, Leslie and Wolf
Ola rapid... Thanks for watching and supporting our channel. It can be hard sometimes. But as the saying goes, you have to trust someone sometime. In our chase we chose to trust ourselves. Have a wonderful evening Alan, Leslie and Wolf
Ola rapid... There are so many choices. We used full retirement age which is different for.each.of us but about 66-67 at this point. Have a wonderful day, Alan, Leslie and Wolf
Living in the U.S., one can be made to feel as a failure if your retirement account doesn't meet a certain threshold. This video lends hope to those feeling discouraged! Personally, it is key to make and stick to a budget. Being a married couple, budgeting can be a challenge. For us, the method I used, spreadsheets, just made my spouse's eyes roll back in her head when I presented them. (For her is was just a bunch of numbers on a page.) Our retirement financial outlook really didn't gain traction until we started using a budgeting app. It was a method we both could get behind and would use together. We climbed out of debt using a budgeting app and still use it today to stay out of debt.Beautiful walk BTW. What's better than a beautiful walk with coffee at the end? 😃
Ola Chris,
You are right! What is better than a lovely walk with coffee at the end. We had a nice day and the best part of this walk is you can safely take children along and well it is easy for us old folk.
As for the budgeting app. They really do help you at any level to understand where your money is going and make better choices.
Hope to see you on the meetup tonight.
Have a wonderful day,
Alan and Leslie
😉👍 Another interesting video. Could be titled " Something to think about " ...
Olá,
Thanks for watching and supporting our channel. And for sharing your thoughts.
Obrigado,
Alan, Leslie and Wolf
For us, it's about living below our means and never chasing our bills! We go out when we want and have security in owning a home we can afford no matter what...No rent or landlords! We live very comfortably on a modest income, do not work(except on our home) and do not chase our bills! We are lucky and blessed with a good life!! Key is spending less than you make...And doing the research and footwork to finding your dream! ❤Portugal
Ola Tamara
You nailed it! That is how we feel. We can have a choice it is just matter of understanding how to set it up no matter where you are starting from.
Thanks for always being here with us.
We appreciate it.
Have a wonderful day!
Alan, Leslie and Wolf
This is encouraging. I'll have a bout 3.5 to 4 million when I retire to Portugal so I'm assuming we can live comfortably there?
@@alanmartins6349 Absolutely! Prices are going up, but with that nest egg you'll be fine !!
I paused watching an old James Bond movie to watch It'll Be Fun.... Easy decision.
Another wonderful video. 🤗
And we love you for it!!!! Thank you so much for your support!
Because 'Life Is Short' and 'We Should Have Done This Sooner!'.
Have a wonderful day!
Alan, Leslie and Wolf
Hi Alan. Another informative video. Yes, don’t spend money on new cars. That is easier said than done to some people. Obviously everyone is entitled to do whatever they want with their money. I just drive old cars and save on the loan interest. Just today I was fitting a new ABS sensor in my old banger. I’m not a mechanic but I educated myself to maintain my cars in order to save a bit more for my retirement.😅
Ola Rui,
We totally agree. I have only had one new car in my life and I put 150,000 miles on it before I sold it. Just like learning about finances it is important to understand as much as possible. Nobody will keep your best interests at heart like you will.
See ya,
Alan
@@ItllBeFun 164k miles and counting on my old banger
Congrats
@@ItllBeFun Thanks
Great Vlog Alan. This should be an Eyeopener for every one who wants to enjoy a safe and worry free retirement.
Ola cookmaster
Thanks for being here. We appreciate your support. We hope it that helps encourage others letting them know that there is way to build there dreams.
Have a wonderful day
Alan and Leslie
It is always nice to have a bar or a coffee shop at the end of the walk.
Ola Rui
And that walk is great to take with children. It is so safe has treats at the end, ducks to feed. It is family perfect.
Thanks for being here!
Alan
@@ItllBeFun We will try next time in Madeira. Thanks for letting us know.
Great video. Retired to mainland portugal 5 years ago and our doing very well on 500000k savings and wife's social security and are debt free. Your video reminded me of the quote " the opposite of poverty is enough. Tem boa sorte no sua aventura
Olá @anthonybutler3157,
Thanks for watching and supporting our channel. Sounds like you are doing just fine. We appreciate your support.
Muito obrigado,
Alan, Leslie and Wolf
Bom dia! Join us here each week and join us on patreon. Lots of the fun is free and easy to find. www.patreon.com/itllbefun
How do you find driving in Portugal? When I was in Madeira it was incredibly hilly. Do you find it to be difficult driving with those conditions?
At firsr it's a little daunting, but you soon find it to be normal.
Thanks for watching and supporting our channel.
Alan, Leslie and Wolf
Thanks for the walk through on the financials, pun intended. Question, assuming you haven't mastered the Portuguese language yet, is it difficult to do the day/day things on Madeira for someone who doesn't speak Portuguese?
Ola! Sim, your assumption is correct. Sadly we are not very good at the language. However it is very easy to live on the island while you are learning the language.
Thanks for being here!
Have a wonderful day,
Alan, Leslie and Wolf
Its crazy when I was younger, I made less, but had more. Life was better. Now I make lot more, and can bearly make it month to month. Its crazy. I will have a pension of 3,400 month. No savings. Then also social security when I get of age.
Ola Rosa
You said that right. But it sounds like it is all going to work out well for you when you retire. Thanks for being here and taking g part in our channel.
Have a wonderful day, Alan
No they aren't you just missed them.
Wolf the words are missing!
Life is short! We should have done this sooner!
Hello there, how is it possible to get in contact with you 🙏
Itay Gil
Ola Italy gil,
Glad your here. You can join us on Patreon at www.patreon.com/itllbefun there is a free week just pop in and send us a note. Or we invite you to join at the next level for the group meet up which is later today at 7pm Madeira Island time.
Hope to hear from you soon. Have a wonderful day,
Alan
How come the cat and dog are not getting mentioned anymore?
Ola! It's always good to change it up a bit.
Thanks for noticing!!!
Have a wonderful day,
Alan
They needed a break!
Don't worry...they'll be back.
Thanks for watching
Alan, Leslie and Wolf
T-Shirts are Coming!!!!!!
Life is short!
you two just keep looking fitter. Keep walking! Yep, we've discussed all of this.
Ola! Yes, we have discussed all of this! Isn't it freeing to get to say it out loud!
And thank you we are slowly getting our weight back under control.
It was wonderful seeing you!
Have a wonderful day,
Alan, Leslie and Wolf
I don't trust ANY financial advisor period they are all scam artists
Ola rapid...
Thanks for watching and supporting our channel. It can be hard sometimes. But as the saying goes, you have to trust someone sometime. In our chase we chose to trust ourselves.
Have a wonderful evening
Alan, Leslie and Wolf
@@ItllBeFun you also
Those social security numbers you're using are at age 70 not 62. I don't want to wait till 70. I want to collect at 62
Ola rapid...
There are so many choices. We used full retirement age which is different for.each.of us but about 66-67 at this point.
Have a wonderful day,
Alan, Leslie and Wolf
@@ItllBeFun thank you
🎉 I'm already 70 and still alive ... 😊"'