I don't mind some boredom at times. Beats the hell out of that job I was in. Boredom gives you time to think, plan, release tension. It's not always a bad thing. I just don't want to be in that state of mind all the time. Which I have found I am not in retirement. I get to plan my own day and that is great.
Hear hear!!! After a year and a half of working from home and having more “me” time, I’m convinced I would not get bored in retirement. Congrats on retiring early!
Exactly! I NEVER understand when people say they are “bored” on their days off.. I”m like.. Dude, we aren’t living in the 1800’s There is so much to enjoy in life LOL. But good on you for “fixing” your health… I can’t tell you how many people I know died from being overweight, and was about to retire literally in the next year or two…
The key is to stay headstrong and not be swayed by hysterical headlines. Don't make emotional decisions and stick to a tried and true investing strategy.
Lately I've been considering setting up an investment account for retirement, I have set asides $400k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing, please I could really use some guidelines.
@@potentialkeez560 If you are new to the markets, I'd advise you get some kind advise or assistance from a financial consultant or Investment coach. That’s the most ideal way to jump into the market in these uncertain times.
@@arithmeticgoldstein1819 I agree with this, Investment coaching sounds like a great idea, thought about it before but never knew how to go about it, Have you used a coach? what is the experience like?
@@orangenote3325 I made over $300,000 net between December and now with my adviser, Lisa Jill Grenell despite all happening and the occurrences across the nation. I hired help of a professional and I avoid a lot of losses diversifying into different markets spaces using this avant-garde strategy of hers. She is the only licensed fund manager that has got it right with me.
Boredom is a state of mind, learn to enjoy the simple things and forget about "bucket lists", it puts pressure on you to do things. You can enjoy a walk in the park and good sandwich, you do not need to go on cruises and stay at 5 star hotels.
My wife & I do exactly that. We walk around the town square going in and out of shops and stop at a little Italian sandwich shop for lunch. It's relaxing.
I have two retirements w/pensions, wife and I both draw SS. Retired at 62 and haven't looked back! I do not want to fly anywhere or stay in another hotel room (business travel - ugh!). Moved to Florida from DC ... shorts and t-shirts year around, casual laid back life style. But your points are well taken Chris. You do have to think it through with your family, because your life changes dramatically. What I did professionally used to define who I was (for better or worse), now it just doesn't matter, I'm just like all the other retirees down here. Getting a part time job is the easy part, but, if you have been in a leadership position for your professional life, getting an entry-level job and not running it takes a bit of getting used to. Having said that ... I am SO GLAD I retired at 62, while I have my health and can enjoy it. It's an intensely personal choice and decision, just think it through!
Perhaps do some business leadership consulting. ..many businesses would pay for your experience and knowledge....perhaps better than a part time job...but you may have to suit up...
There are millions of wonderful things to do and experience in our short lives! Unfortunately work gets in the way of most of it. It really frustrates me when I hear people go back to work because they are “bored”.
@@rharnevious The mentality reminds me of an institutionalised prisoner. The guards opens the cell and says you are free to do whatever you want. Then they walk back in the cell. The opposite of working is not sitting at home.
Heard somewhere tprogressinghat Happiness is not eliminating the stress. Needs solving problems and . Humans need to be useful to our species. And working when you don’t need the money is very different..
@@zhoudan4387 I completely agree that having stress and challenging situations in life is essential. When this stress is connected to a job that doesn’t improve your life then it is pointless. Jobs are for earning money, that’s it. If the financial reward is removed then there is no point to show up.
Nice pick, I’m compiling and picking stocks that I’d love to hold on to for a few years before retirement, do you think these stocks would do better over the years? I’d love to retire with at least $2million savings. Now you gotta rely on a pretty good diversification if you must stay green. Currently up 11% and being cautious. Still better deal than letting it sit in savings or checking earning near 0-1% interest.
Well up at 11% in this present market is impressive. I was wondering if investing in a cumulative ETF during this next decade is a sound investment. Or is it better to invest in a distributing ETF (even considering taxes)?
@@larrytyler823 ETFs are cool. My portfolio is very much diversified so it's not like i have a particular fund i invest in. You should probably copy a licensed person more so one with experience of the past bear markets. I copy a chartered financial analyst Karen Marie Emma" Been quite consistent. My portfolio returned $350k in Q1
@@justingregory2965 i am envious i've been in the red for too long even before the dip but would like to ask are you giving her your money or the money stays in your account?
@@philipparker9893 You don't give out funds here. My account only mirrors her trades in real time that's the ideal for this system. The lady I just recommended is a renowned advisor and knows what the heck she's doing. Check her out and get in touch if you'd need help
@@philipparker9893 m ever confident in Karen Marie Emmas ability to create expeditious future benefit. I made profit withdraw in December. A total of $570k for the final quarter. I used all of it to buy gold and resume investment with my original $200k cap
Balance as always is key. I dont consider myself retired but I gave up working for an employer at 23 years old and worked for myself for 20 years so had the freedome to do what I wanted fitting in work and fun as it suited, I liked that life a LOT and saved hard to build up enough to cover any down time, the last 10 years I've not worked due to ill health so sort of retired but not quite enough money there to properly do it and the combination of ill health and not much money is miserable, but health is the most important one like you say, if you dont have that you wont have much fun in retirement.
What's the best approach to capitalize on the current market conditions? I'm deliberately on whether to diversify my $150k stocks portfolio. What strategy should I employ
The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/ETF you focus on
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secured for over five years, yielding nearly $1 million in returns on investments
Risk management should always come first, the reason many traders lose money is not simply due to inexperience or a lack of knowledge of the market, but because of poor risk management
@@stephenbates6Timothy Eric Meek is the licensed fiduciary I use, just research the name you'd find a necessary details to work with a correspondence to set-up an appointment
Great video. I am 55 and have the financial ability to retire but have decided instead to keep working part time. I struggled to make that decision but am now happier than I have even been in my career.
My grandfather refused to retire because he did not want to be bored at home. He worked every week of his life. But he did it because it made him happy. It's all about teaching a balance. Financial independence is the true goal. Whether you work or not. 8 years goal/target.
Really! Nothing but nothing better to do than make someone else rich working until you die? These people mistake being in a rut and lacking creativity for what to do with their time with working at a job cause they like it,
"Retirement" generally means stop working at a job you don't like. If you love what you do at the job, then it's not really work and you can do that until you no longer can. Most of us work at $hitty jobs so we use the word retirement when we're ready to quit. If you've saved enough money, you don't have to stop working, you just do the work that you like. I might work less at something different but I won't "retire" unless I can't get up. Anyway, I find the best point about this video is the last point -- health. That is important.
Retired and LOVING it. Agree with most of the financial advice given. But not when it comes to "early retirement." My biggest regret is not being able to retire sooner. Too many people DIE working, or shortly after retiring. There comes a time in our lives when t's not about how much MONEY you have, but how much TIME you have left. "food for thought."
One sector left unmentioned…”Not me”! Try and not support adult children and their children! Be there for good times and in case of emergencies. I know far too many people that had their life taken over by family members after retirement.
Invest in your health. So many retirement channels and programs should be talking more about this. They don’t have to get specific but man I wish the was more highlighted. You cant retire and enjoy all that retirement if your physically broken down.
I’m 61 working half the day in my own home based business. Couldn’t wait to leave the ridiculous corporate world at 53 but also couldn’t spend the rest of my life without some daily structure. I have two speeds, 0 & 100 mph! Had to find a happy medium.
My father retired at 58 years old and just turned 83. He is in much better shape than he was while working and is 1000% happier. By his own admission, he said his retirement years are among his happiest. The work grind wears you down and will take years off your life if you continue it too long. For me, I am 49 and plan on retiring in the next 3-5 years. I could technically retire now, but I want to give myself a little more of a buffer.
Yes!! I’m the same.. But be careful.. I think the buffer is a trap also.. you keep feeling like you need more of a buffer.. or more money.. for x,y,z…. But I’m finally gonna listen to my soul, and leave next year.. Good luck to you, and do what you feel is best… just don’t wait too long!!
Same! My dad worked for the DOT. had a bad heart attack at 40. doc sez "get your affairs in order, you could go at any time." 45 years later he lives in a cabin in the Rockies and is as ornery as ever. Retiring at 50 saved his life. For him that was only possible w/ a government pension. For me I had to earn and save every penny. This video is right about how to do that. Retired at 58 and loving it. Boring? Oh hell no :-)
Realize, though, that not all people struggle at their job. For some, it sustains them. I work with a 72 year-old who could have retired a decade ago. He just loves his job, loves the challenge, loves interacting with others toward a common goal. Mind you, he has never said so in those words, but it's clearly the case. Different strokes, I suppose.
Wow! While there’s some really solid advice here, a lot of the first half is a total downer - and only accurate if you were bored during your working years. If you end up bored in retirement, how did you survive at the end of work day, on weekends and vacations!?! Real life happiness, both during “working” years and in retirement comes with outside interests that float your boat.
When people spend most of their lives at work, it is no surprise that some retirees miss it (this includes people who didn't enjoy their jobs). Similarly, some ex-cons 'miss' prison because they've spent most of their lives in the same environment (which becomes familiar and routine, like a family or a home). My advice: Just as you make choices that keep you out of prison, make choices to avoid spending your life at work (especially from the work you hate). If anything, stop, think and realize you can make choices, and know that you do have some control over the chaos that is your life.
For folks who have now been working from home for almost two years due to COVID, the "casual work relationship" aspect no longer applies nearly so much. I think the pandemic has caused people to re-assess lots of things.
To keep it simple, save enough to live comfortable and everyday you wake up make sure you have something to do. If you can't meet these 2 things, don't retire.
I left the workforce in 2018 at age 55. My investment strategy involved term deposits where my principal was generating interest income. The interest rates have been so low that my accumulated nest egg is both losing value, and being gobbled up, especially now with inflation. However, I have no intention of working for someone else ever again. I miss the camaraderie of certain coworkers, but that is about all. My biggest advice to younger people is to try not to buy a vehicle. Try to live in areas that have good public transit and you will be able to save thousands of dollars every year, and you'll never have a hassle with speeding tickets, crooked tow truck drivers or the department of motor vehicles. A sign of a good transit system is when people choose to use it.
Been in the same house for 33 years. I see no point in downsizing. Moving would be a headache. My wife and I paid off the mortgage 13 years ago. I'm 63 and she is 59. I'm surprised this video didn't mention the benefits of having no rent or mortgage payment. We retired December 2019. Just in time for COVID-19.
I've got a paid-off mortgage like you, so my incentive to downsize, per se, is less, but part of my retirement plan is to eventually move to a lower-cost area (I live in the SF Bay Area) and thereby significantly enhance my nest egg with the difference between what I'll be able to sell my current house for and what it'll cost to build one in a cheaper area (already bought the land). That plan could change depending on whether I really feel the need for that additional boost in nest egg, though. So, yeah, I agree, if you have no mortgage and already live in a low-cost area or you don't really need an additional boost to your nest egg, there doesn't seem to be a big incentive to downsize. Some savings in property taxes and maintenance costs (though perhaps not the former since you've been in your house for 33 years and a new house would be taxed at its full value).
@@victorwilburn8588 Smart! You have a good plan. I suspect your new home will be an upgrade from your current home. I read an article about people leaving California to move to Duluth, MN. That surprised me.
@@JRudy17: It will be an upgrade in terms of newness (current home was built in early 70s) and being custom-built to our specifications, but it will be about the same size. Probably fewer rooms, but larger rooms. But probably at less than half the cost to build than what I will be able to sell my current home for. Not quite ready to take the plunge to a place like MN from CA, though. That would be TOO much of a weather shift! :) No, we bought some land in Springfield, OR. I love CA and have lived there all my life, but it's drying out way too much (so is OR to some degree, but it's starting from a much wetter place). And there just isn't that combination of affordability, weather, and not being too remote in CA that the Eugene/Springfield area represents. I grew up with hot weather (Fresno) and I don't want to spend the rest of my days in it. And the places in CA with more temperate weather are very expensive (like the Bay Area). I've been thinking about this for a long time. :) Early retirement has always been the goal.
@@JRudy17 I'm not retired but moved from Southern California to Wisconsin. We'll be moving to Germany when we retire (warmer than Wisconsin but not by much).
We retired in 2002. I was 53, he was 55. Our youngest graduated college. We each had a small pension and saved/ invested at least 20% of our (small) incomes. We had a small home, then bought a 2BR condo. I worked part time for the Census, my husband was a school crossing guard for a few years. I do a lot of volunteer work and have a lot of hobbies. My husband has many hobbies and also volunteers. We have one small car we share. Tina
Yep you followed my 4 rules Low debt High savings Small house Used car Very few of us needs anything more than a 3 bed ranch and a 5 year old Camry Finally DON'T try to succeed, mediocrity is highly underrated.
I keep watching these videos, and I think I’m gonna take the plunge next year. I’m turning 41 on the 13th of August. Long story short. If I’m smart with my money, I think I can make it retiring now. You will NEVER feel like you have enough money people. I’m saying this as a person with a paid off house. Making around 2g a month from rent. 100k in savings (regular, and yes I know that’s “dumb”) with a little over 600k in my 401k…So basically I’m good on paper.. but my job is easy, and I keep wanting to save more… but I never been a money person…. I just don’t want to take things for granted..With that being said.. I’ve always said once I’m not happy I would leave…. I’m not unhappy.. but I’m not content like I used to be….I have anxiety to leave, like I never had before…. So I guess technically I’m not happy… but not in the way I though I would be… SO my point it to no boast,, or rub this anyone face… but just to say that 1. You can save and do well (IF i did it anyone can) 2. You just have to recognize when your not happy, and then change it… We are all on this earth for a short time…I’m not one of those saying don’t save and do what your want..I’m one of those saying,, live your life to the fullest , but prepare EARLY and know what is best for you when you hit that goal. Don’t keep pushing the goal post.. unless you’re already content. Learn from others mistakes… I can’t tell you how many people were about to retire, but die a few years beforehand because of being obese.. How many videos I seen on people who said they wished they started earlier, before their bodies gave out..how many wished to haven spent more time with family or friends..but only start if you have the means… I understand I have the privilege and luxury to say all this…. But please people… its cliche… but life really is too short.. Save now,, enjoy life now.. Good luck to you all.
In the 2008 market crash my 401k lost nearly ALL it's value. I strongly suggest you consider what you might do if that scenario happens to you. I hope it doesn't.
@@happycook6737 I’m assuming your an older person. But if you don’t mind, can I ask if you had it in a aggressive portfolio? I found that talking with a lot of people they didn’t know or had it in wrong positions at their age bracket. A lot of people didn’t change the aggressiveness of their portfolio the older they got. So they lost a lot without have it time to recoup. I did loose money in 2008, but I didn’t pay it mind, and I was younger, so I had time to recoup. Others were talking their money out, and lost a lot. But recently I’m doing ETF, so I’m getting paid Monthly for my savings, and looking into back up. Cause your right. I could still loose everything. It can happen to anyone. Just one medical issue, and I could be broke. Even with insurance. But I’m very sorry that happened to you. I hope things gotten a little better. But thank you for the advice. I actually do think about that too. That what if’s. I’m doing everything possible to prevent and serious losses. But even in a bad situation, I’m supposedly still good, based off the math. But I’m still preparing for the worst too. Thank you for the comment, and truly I hope things worked out for you in the end.
I have a definite goal in mind: to travel with a food truck. That's the basic idea. I am using the profession to help fund this later. While also using experience to navigate, quite literally, around. If this help someone to find a bit more happiness 😊 I liked your explanation.
@@filippjovanov6196 keep it simple, invest in broad based diversified index funds, domestic and international, invest regularly and invest in your 401 k and most certainly in a Roth IRA…
Replace retirement with financial freedom. I quit working last year to work on my projects. There are unlimited God-honoring good things to do now and forever.
My best advice...keep 5-10% of your portfolio in exponential growth stocks. It's a good feeling knowing every time your stock goes up 10 cents it's another $20,000 in your pocket.
Most people can't retire because they did not plan and save. They lived to impress others and spent more than they made. Financial success is living within your means and saving over time to build wealth, imo. We need to teach our kids this and not teach them to try and use debt to somehow make them wealthy. The system is designed to keep people broke so they are motivated to do things they hate doing like work in horrible jobs with little to no fulfillment. We should teach finding jobs you love and saving no matter your earnings. Saving 10% of any job's income will make you wealthy if invested at a young age and retire "on time". Check the math on investment calculators.
Purchase cheap land without any planning concent just outside towns even if it is green belt. The odd thing is green belt moves outwards over time so your green belt land becomes housing land 30 years later about when you wish to retire thus you sell for a big profit.
I don't think I'll ever be able to within the timeframe... but I would LOVE to drop my 9-5 in favour of a part time job that will allow me to be home in the mornings and afternoons. Be home for my kid.
In my case it was SO incredibly boring to "retire early" last year. I thought starting my YT channel would have been a great way to spend my time helping people, but it's so saturated here LOL. Good call on focusing on health, that was one thing I dedicated myself to and I definitely feel much better than when I was chained to my desk all day.
Personally, I would love to learn to day-trade and just do that a few hours of that each morning before teaching a class at a community college as an adjunct professor.
Despite the fact that stock prices fluctuate, what is the best method for capitalizing on the current market? I'm still undecided about investing $400k in my stock portfolio.
The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.
I was recently through an investing nightmare during the crash in march 2020. With the assistance of my advisor I have so far grown my dwindling portfolio of $145k to $480k
How can one get a decent investment advisor? I wouldn’t mind getting in touch with yours. In few years I will retire and my portfolio will definitely need some management.
My financial advisor is Nicole Desiree Simon . I found her on a CNBC interview where she was featured and I reached out to her afterwards. She has long helped me with my portfolio and is exactly what you need right now.
I quit my job and was outta work for 9 months between 2018 & 2019. Then I quit again and was out for 10 months between 2020 & 2021 I HATE working 😆😆 I'm praying to be retired in the next 7-10 years. Tired of the Rat race... 🔥🔥
@@ChrisInvests I enjoy sleeping in, Playing video games, Learning Spanish, Watching netflix, Going to the Gym, And riding my bike on a nice sunny day. Having a "job" gets in the way of all those things 🤣🤣 But... in all fairness, I think it's the *40hr work week* that's the dealbreaker. If I only worked 20 hours a week... I'd probably feel differently. ❤❤
I suggest talking with a career guidance counselor, taking the Myers Briggs Personality Preference test, and considering self employment. You have gifts to share. Seize the day. You can figure this out.
@@resourcefulqueen ❤❤ I'm pretty sure it would be parttime *Teaching/ tutoring.* It's something I've always enjoyed. it's just not Financially sustainable... and I'm NOT about to spend 30K for a Master's degree just to be *UNDERPAID.* If I can get my finances in order within the next 8 years... I may finally be able to escape outta the rat race and just *teach* for fun. ☀️☀️
I retired 5 years ago at 60. There is a period of several months where I felt weirdly adrift, but I got over that soon enough. If you have hobbies and interests outside of your career, it's easy to adjust. The people who go back to work are those who had much of their persona wrapped up in their career, and need that sense of purpose and can't get over that adrift sensation. Me, I've been grooving on not having to answer to anybody (except the missus and dogs) for so long, I would sell everything and live in a trailer before I'd go back to work.
I had a colleague once who said he would even get bored just on weekends from not working. That is definitely NOT my mentality! I've always tried to make sure my identity is not overly wrapped-up in my career (which has been great and one to be proud of, but also stress I would rather not have if I don't have to). I'm planning an early retirement and am pretty confident that I have sufficient compelling hobbies and activities to keep me occupied. A few years back, I quit a job without having another lined up and took my time looking for the next one. Ended up being off for two months (and wouldn't have minded longer). I considered that my practice retirement. It was great, and I'm looking forward to the real thing.
I’m pretty sure I will not get bored when I retire…just so many things I want to do. I certainly won’t be sitting around doing nothing. Another few years I’ll be 55 and able to access my personal pension and exit the rat race…can’t wait! 😁
I’ve been retired 5 1/2 years i went out at 60 1/2. You need good health and plenty of funds I left work and never looked back. Part time work not me. I’m done
Save for nursing homes very expensive and senior homes for indecent living and assisted living very expensive thousands a month health care stay healthy
I am 62 and have an income, investments and a paid for home good health that I could retire but I think having some meaningful interesting work to do is one of life's greatest joys.... I have left the corporate office and am writing books and preparing myself for a new career in the changing future by creating robots and studying AI. I have also studied orgone energy and built and tested several energy accumulators... Interestingly when I built and turned on a cloud buster to try and break a drought a UFO showed up... no I am not losing my mind.. but I have started discussions with the lizard people to try and fix our political problems .. just kidding
Only boring if you're a boring person. Can you imagine going back to work? Spent years away from working and never bored. Work is a nightmare, only happy when I'm away from it.
There is no need to "fill up your time" during retirement. It's just as enjoyable, valuable and even healthier to spend time alone taking care of yourself and being able to pay attention to the small details of our experiences.
I knew of a guy who sold his company for tens of millions dollars when he was in his mid 20s. He was traveling the world and he complained of being board all of the time. I'm in my early 50s and can retire early but I plan on working until my later 60s just so I am not board.
At this point? It's too late for this type of thing. I am 60 , having issues keeping jobs ,. Can't discuss the reason. Things went very wrong 23 years ago. And it's just bad. Have no 401k , IRA, just social security, haven't filed yet,. Just, I can't fix nothing lack of job, maybe, we'll see
I’m with you. Same situation. Large mortgage, no retirement saving, no pension (although worked 32 yrs in same field). Retirement is not possible. I will retire when this go black, just like final scene in Sopranos, won’t even know it when retirement bell rings, as it will be my final retirement and not the interim step many have after working days. Coming to this realization is liberating, knowing I spend the remainder of my years on this planet in the working world prison. No need to fret about previous decisions or plans to allow retirement, as the dice have been already cast….by me and my actions. I don’t like working, but I don’t sweat it either, my story already written.
I retired at age 50. Love retirement, miss work every chance I get, never get bored, enjoy doing whatever I want, and have no financial worries. For me, the hardest part of retirement is outliving my friends, family, and pets.
My plan is NOT to retire - at least, as long as I'm physically able to work. The percentage of people actually enjoying retirement seems pretty small to me; the majority just seem to be looking for ways to kill time between funerals.
I retired at 56 years old and single. I was obese and have lost 35 pounds. I've never been happier. Boring people are bored in retirement.
Yes!!!! I completely agree. There are so many wonderful things to do in life. Being bored should be impossible.
I don't mind some boredom at times. Beats the hell out of that job I was in. Boredom gives you time to think, plan, release tension. It's not always a bad thing. I just don't want to be in that state of mind all the time. Which I have found I am not in retirement. I get to plan my own day and that is great.
Hear hear!!! After a year and a half of working from home and having more “me” time, I’m convinced I would not get bored in retirement. Congrats on retiring early!
Exactly! I NEVER understand when people say they are “bored” on their days off.. I”m like.. Dude, we aren’t living in the 1800’s There is so much to enjoy in life LOL. But good on you for “fixing” your health… I can’t tell you how many people I know died from being overweight, and was about to retire literally in the next year or two…
Good for you! I agree! Keep working out! It’s a wonderful gift you give yourself!
The key is to stay headstrong and not be swayed by hysterical headlines. Don't make emotional decisions and stick to a tried and true investing strategy.
Completely agree
Lately I've been considering setting up an investment account for retirement, I have set asides $400k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing, please I could really use some guidelines.
@@potentialkeez560
If you are new to the markets, I'd advise you get some kind advise or assistance from a financial consultant or Investment coach. That’s the most ideal way to jump into the market in these uncertain times.
@@arithmeticgoldstein1819
I agree with this, Investment coaching sounds like a great idea, thought about it before but never knew how to go about it, Have you used a coach? what is the experience like?
@@orangenote3325
I made over $300,000 net between December and now with my adviser, Lisa Jill Grenell despite all happening and the occurrences across the nation. I hired help of a professional and I avoid a lot of losses diversifying into different markets spaces using this avant-garde strategy of hers. She is the only licensed fund manager that has got it right with me.
Boredom is a state of mind, learn to enjoy the simple things and forget about "bucket lists", it puts pressure on you to do things. You can enjoy a walk in the park and good sandwich, you do not need to go on cruises and stay at 5 star hotels.
Sure you don't but if you enjoy those things then it's nice to stay at nice hotels and go on a cruise occasionally
5 star hotels are fun. Do it sometimes
My wife & I do exactly that. We walk around the town square going in and out of shops and stop at a little Italian sandwich shop for lunch. It's relaxing.
@MA2 doubletree rules !!!!
I find long bucket lists to be overrated. Perhaps 2-3, tops.
I retired at 54 haven't worked since and have no plans to do so. Super happy,
Great to hear 👍
I have two retirements w/pensions, wife and I both draw SS. Retired at 62 and haven't looked back! I do not want to fly anywhere or stay in another hotel room (business travel - ugh!). Moved to Florida from DC ... shorts and t-shirts year around, casual laid back life style. But your points are well taken Chris. You do have to think it through with your family, because your life changes dramatically. What I did professionally used to define who I was (for better or worse), now it just doesn't matter, I'm just like all the other retirees down here. Getting a part time job is the easy part, but, if you have been in a leadership position for your professional life, getting an entry-level job and not running it takes a bit of getting used to. Having said that ... I am SO GLAD I retired at 62, while I have my health and can enjoy it. It's an intensely personal choice and decision, just think it through!
The changing in roles can take some getting used to but it's probably less stressful! Thank you for sharing.
Perhaps do some business leadership consulting. ..many businesses would pay for your experience and knowledge....perhaps better than a part time job...but you may have to suit up...
There are millions of wonderful things to do and experience in our short lives! Unfortunately work gets in the way of most of it. It really frustrates me when I hear people go back to work because they are “bored”.
True...maybe they don't have the money to spend on recreation
What should they do instead? Fwiw I know a millionaire that's works because she said she can't sit at home doing nothing. 🤣🤣🤣🤣🤣🤣🤣🤷♂️👀🤔
@@rharnevious The mentality reminds me of an institutionalised prisoner. The guards opens the cell and says you are free to do whatever you want. Then they walk back in the cell. The opposite of working is not sitting at home.
Heard somewhere tprogressinghat Happiness is not eliminating the stress. Needs solving problems and . Humans need to be useful to our species. And working when you don’t need the money is very different..
@@zhoudan4387 I completely agree that having stress and challenging situations in life is essential. When this stress is connected to a job that doesn’t improve your life then it is pointless. Jobs are for earning money, that’s it. If the financial reward is removed then there is no point to show up.
Nice pick, I’m compiling and picking stocks that I’d love to hold on to for a few years before retirement, do you think these stocks would do better over the years? I’d love to retire with at least $2million savings. Now you gotta rely on a pretty good diversification if you must stay green. Currently up 11% and being cautious. Still better deal than letting it sit in savings or checking earning near 0-1% interest.
Well up at 11% in this present market is impressive. I was wondering if investing in a cumulative ETF during this next decade is a sound investment. Or is it better to invest in a distributing ETF (even considering taxes)?
@@larrytyler823 ETFs are cool. My portfolio is very much diversified so it's not like i have a particular fund i invest in. You should probably copy a licensed person more so one with experience of the past bear markets. I copy a chartered financial analyst Karen Marie Emma" Been quite consistent. My portfolio returned $350k in Q1
@@justingregory2965 i am envious i've been in the red for too long even before the dip but would like to ask are you giving her your money or the money stays in your account?
@@philipparker9893 You don't give out funds here. My account only mirrors her trades in real time that's the ideal for this system. The lady I just recommended is a renowned advisor and knows what the heck she's doing. Check her out and get in touch if you'd need help
@@philipparker9893 m ever confident in Karen Marie Emmas ability to create expeditious future benefit. I made profit withdraw in December. A total of $570k for the final quarter. I used all of it to buy gold and resume investment with my original $200k cap
I retired at 54. Have been retired for 5 years now. Very happy
Great to hear 👍
Balance as always is key.
I dont consider myself retired but I gave up working for an employer at 23 years old and worked for myself for 20 years so had the freedome to do what I wanted fitting in work and fun as it suited,
I liked that life a LOT and saved hard to build up enough to cover any down time, the last 10 years I've not worked due to ill health so sort of retired but not quite enough money there to properly do it and the combination of ill health and not much money is miserable, but health is the most important one like you say, if you dont have that you wont have much fun in retirement.
Thank you for sharing
What's the best approach to capitalize on the current market conditions? I'm deliberately on whether to diversify my $150k stocks portfolio. What strategy should I employ
The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/ETF you focus on
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secured for over five years, yielding nearly $1 million in returns on investments
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help
Risk management should always come first, the reason many traders lose money is not simply due to inexperience or a lack of knowledge of the market, but because of poor risk management
@@stephenbates6Timothy Eric Meek is the licensed fiduciary I use, just research the name you'd find a necessary details to work with a correspondence to set-up an appointment
Great video. I am 55 and have the financial ability to retire but have decided instead to keep working part time. I struggled to make that decision but am now happier than I have even been in my career.
That's the best of both worlds for some people!
My grandfather refused to retire because he did not want to be bored at home. He worked every week of his life. But he did it because it made him happy. It's all about teaching a balance. Financial independence is the true goal. Whether you work or not. 8 years goal/target.
Really! Nothing but nothing better to do than make someone else rich working until you die?
These people mistake being in a rut and lacking creativity for what to do with their time with working at a job cause they like it,
I think it's great that some people really enjoy their work 😁
"Retirement" generally means stop working at a job you don't like. If you love what you do at the job, then it's not really work and you can do that until you no longer can. Most of us work at $hitty jobs so we use the word retirement when we're ready to quit. If you've saved enough money, you don't have to stop working, you just do the work that you like. I might work less at something different but I won't "retire" unless I can't get up. Anyway, I find the best point about this video is the last point -- health. That is important.
People ask me if I ever get bored in retirement, I reply yes but I also got bored at work.
Good point!
Retired and LOVING it. Agree with most of the financial advice given. But not when it comes to "early retirement." My biggest regret is not being able to retire sooner. Too many people DIE working, or shortly after retiring. There comes a time in our lives when t's not about how much MONEY you have, but how much TIME you have left. "food for thought."
One sector left unmentioned…”Not me”! Try and not support adult children and their children! Be there for good times and in case of emergencies. I know far too many people that had their life taken over by family members after retirement.
+¹ ⁴²⁴²8¹90³8
Thanks for watching
Text me now for more on my investment tips.
Text me as soon as possible...
@@ltextme9217 🤖🤖🤖
Invest in your health. So many retirement channels and programs should be talking more about this. They don’t have to get specific but man I wish the was more highlighted. You cant retire and enjoy all that retirement if your physically broken down.
+¹ ⁴²⁴²8¹90³8
Thanks for watching
Text me now for more on my investment tips.
Text me as soon as possible...
I’m 61 working half the day in my own home based business. Couldn’t wait to leave the ridiculous corporate world at 53 but also couldn’t spend the rest of my life without some daily structure. I have two speeds, 0 & 100 mph! Had to find a happy medium.
Great, I'm glad to hear it's working out for you
My father retired at 58 years old and just turned 83. He is in much better shape than he was while working and is 1000% happier. By his own admission, he said his retirement years are among his happiest. The work grind wears you down and will take years off your life if you continue it too long.
For me, I am 49 and plan on retiring in the next 3-5 years. I could technically retire now, but I want to give myself a little more of a buffer.
That's great 👍
Yes!! I’m the same.. But be careful.. I think the buffer is a trap also.. you keep feeling like you need more of a buffer.. or more money.. for x,y,z…. But I’m finally gonna listen to my soul, and leave next year.. Good luck to you, and do what you feel is best… just don’t wait too long!!
Same! My dad worked for the DOT. had a bad heart attack at 40. doc sez "get your affairs in order, you could go at any time."
45 years later he lives in a cabin in the Rockies and is as ornery as ever. Retiring at 50 saved his life. For him that was only possible w/ a government pension. For me I had to earn and save every penny. This video is right about how to do that.
Retired at 58 and loving it. Boring? Oh hell no :-)
Realize, though, that not all people struggle at their job. For some, it sustains them. I work with a 72 year-old who could have retired a decade ago. He just loves his job, loves the challenge, loves interacting with others toward a common goal. Mind you, he has never said so in those words, but it's clearly the case. Different strokes, I suppose.
Wow! While there’s some really solid advice here, a lot of the first half is a total downer - and only accurate if you were bored during your working years.
If you end up bored in retirement, how did you survive at the end of work day, on weekends and vacations!?!
Real life happiness, both during “working” years and in retirement comes with outside interests that float your boat.
Most people are trained to run in the rat cage on the wheel until they get sick, die or are burned out. Get out of the cage and off the wheel ASAP
I agree! The best thing is to do what you like .
Take time to take a shit
Agree
When people spend most of their lives at work, it is no surprise that some retirees miss it (this includes people who didn't enjoy their jobs). Similarly, some ex-cons 'miss' prison because they've spent most of their lives in the same environment (which becomes familiar and routine, like a family or a home). My advice: Just as you make choices that keep you out of prison, make choices to avoid spending your life at work (especially from the work you hate). If anything, stop, think and realize you can make choices, and know that you do have some control over the chaos that is your life.
I will be stuck in prison until things go black. Totally my doing. It’s strangely‘liberating’ knowing your fate and rolling with it daily.
For folks who have now been working from home for almost two years due to COVID, the "casual work relationship" aspect no longer applies nearly so much. I think the pandemic has caused people to re-assess lots of things.
True, not quite the same for the office dwellers
To keep it simple, save enough to live comfortable and everyday you wake up make sure you have something to do. If you can't meet these 2 things, don't retire.
Retired at 52....never been busier in my life! How do I retire from retirement?
Congratulations on your success
Great advice, I'm an early retiree but I'm enjoying it much more than working! I also enjoyed this video, love the artwork! 💕👍🙂
+¹ ⁴²⁴²8¹90³8
Thanks for watching
Text me now for more on my investment tips.
Text me as soon as possible...
Many days I am jealous of the early retirement crowd, but I need structure for my day that work provides.
There are pros and cons to both for sure!
Part time work can solve a lot of problems. Amazing what happens when the boss knows you can walk away at any point
Work part time as a transition. Then get into a routine. Tina
I left the workforce in 2018 at age 55. My investment strategy involved term deposits where my principal was generating interest income. The interest rates have been so low that my accumulated nest egg is both losing value, and being gobbled up, especially now with inflation. However, I have no intention of working for someone else ever again. I miss the camaraderie of certain coworkers, but that is about all. My biggest advice to younger people is to try not to buy a vehicle. Try to live in areas that have good public transit and you will be able to save thousands of dollars every year, and you'll never have a hassle with speeding tickets, crooked tow truck drivers or the department of motor vehicles. A sign of a good transit system is when people choose to use it.
We live in a rural area so affordable transportation is important to our lifestyle and work. But I'm glad public transportation isn't available here.
Been in the same house for 33 years. I see no point in downsizing. Moving would be a headache. My wife and I paid off the mortgage 13 years ago. I'm 63 and she is 59. I'm surprised this video didn't mention the benefits of having no rent or mortgage payment. We retired December 2019. Just in time for COVID-19.
Thanks for sharing your perspective. Ive mentioned paying off the mortgage many times before--just not in this video 🙂
I've got a paid-off mortgage like you, so my incentive to downsize, per se, is less, but part of my retirement plan is to eventually move to a lower-cost area (I live in the SF Bay Area) and thereby significantly enhance my nest egg with the difference between what I'll be able to sell my current house for and what it'll cost to build one in a cheaper area (already bought the land). That plan could change depending on whether I really feel the need for that additional boost in nest egg, though.
So, yeah, I agree, if you have no mortgage and already live in a low-cost area or you don't really need an additional boost to your nest egg, there doesn't seem to be a big incentive to downsize. Some savings in property taxes and maintenance costs (though perhaps not the former since you've been in your house for 33 years and a new house would be taxed at its full value).
@@victorwilburn8588 Smart! You have a good plan. I suspect your new home will be an upgrade from your current home. I read an article about people leaving California to move to Duluth, MN. That surprised me.
@@JRudy17: It will be an upgrade in terms of newness (current home was built in early 70s) and being custom-built to our specifications, but it will be about the same size. Probably fewer rooms, but larger rooms. But probably at less than half the cost to build than what I will be able to sell my current home for.
Not quite ready to take the plunge to a place like MN from CA, though. That would be TOO much of a weather shift! :) No, we bought some land in Springfield, OR. I love CA and have lived there all my life, but it's drying out way too much (so is OR to some degree, but it's starting from a much wetter place). And there just isn't that combination of affordability, weather, and not being too remote in CA that the Eugene/Springfield area represents. I grew up with hot weather (Fresno) and I don't want to spend the rest of my days in it. And the places in CA with more temperate weather are very expensive (like the Bay Area).
I've been thinking about this for a long time. :) Early retirement has always been the goal.
@@JRudy17 I'm not retired but moved from Southern California to Wisconsin. We'll be moving to Germany when we retire (warmer than Wisconsin but not by much).
We retired in 2002. I was 53, he was 55. Our youngest graduated college. We each had a small pension and saved/ invested at least 20% of our (small) incomes.
We had a small home, then bought a 2BR condo. I worked part time for the Census, my husband was a school crossing guard for a few years. I do a lot of
volunteer work and have a lot of hobbies. My husband has many hobbies and also volunteers. We have one small car we share. Tina
Glad to hear it's working out for you
Yep you followed my 4 rules
Low debt
High savings
Small house
Used car
Very few of us needs anything more than a 3 bed ranch and a 5 year old Camry
Finally DON'T try to succeed, mediocrity is highly underrated.
I keep watching these videos, and I think I’m gonna take the plunge next year. I’m turning 41 on the 13th of August. Long story short. If I’m smart with my money, I think I can make it retiring now. You will NEVER feel like you have enough money people. I’m saying this as a person with a paid off house. Making around 2g a month from rent. 100k in savings (regular, and yes I know that’s “dumb”) with a little over 600k in my 401k…So basically I’m good on paper.. but my job is easy, and I keep wanting to save more… but I never been a money person…. I just don’t want to take things for granted..With that being said.. I’ve always said once I’m not happy I would leave…. I’m not unhappy.. but I’m not content like I used to be….I have anxiety to leave, like I never had before…. So I guess technically I’m not happy… but not in the way I though I would be…
SO my point it to no boast,, or rub this anyone face… but just to say that 1. You can save and do well (IF i did it anyone can) 2. You just have to recognize when your not happy, and then change it… We are all on this earth for a short time…I’m not one of those saying don’t save and do what your want..I’m one of those saying,, live your life to the fullest , but prepare EARLY and know what is best for you when you hit that goal. Don’t keep pushing the goal post.. unless you’re already content.
Learn from others mistakes… I can’t tell you how many people were about to retire, but die a few years beforehand because of being obese.. How many videos I seen on people who said they wished they started earlier, before their bodies gave out..how many wished to haven spent more time with family or friends..but only start if you have the means… I understand I have the privilege and luxury to say all this…. But please people… its cliche… but life really is too short.. Save now,, enjoy life now.. Good luck to you all.
That feeling of never being quite ready translates to many different things. Good luck in your retirement 🍀
@@ltextme9217 Turing Test Results: not human, not intelligent.
In the 2008 market crash my 401k lost nearly ALL it's value. I strongly suggest you consider what you might do if that scenario happens to you. I hope it doesn't.
@@happycook6737 I’m assuming your an older person. But if you don’t mind, can I ask if you had it in a aggressive portfolio? I found that talking with a lot of people they didn’t know or had it in wrong positions at their age bracket. A lot of people didn’t change the aggressiveness of their portfolio the older they got. So they lost a lot without have it time to recoup. I did loose money in 2008, but I didn’t pay it mind, and I was younger, so I had time to recoup. Others were talking their money out, and lost a lot.
But recently I’m doing ETF, so I’m getting paid Monthly for my savings, and looking into back up. Cause your right. I could still loose everything. It can happen to anyone. Just one medical issue, and I could be broke. Even with insurance.
But I’m very sorry that happened to you. I hope things gotten a little better. But thank you for the advice. I actually do think about that too. That what if’s. I’m doing everything possible to prevent and serious losses. But even in a bad situation, I’m supposedly still good, based off the math. But I’m still preparing for the worst too.
Thank you for the comment, and truly I hope things worked out for you in the end.
Open the noor
Retiring will make me happier as staying in bed until noon makes me happy. Ergo my work starts at 7 am. See the issue?
Maybe get a job that starts later 😬
+¹ ⁴²⁴²8¹90³8
Thanks for watching
Text me now for more on my investment tips.
Text me as soon as possible...
I have a definite goal in mind: to travel with a food truck. That's the basic idea. I am using the profession to help fund this later. While also using experience to navigate, quite literally, around.
If this help someone to find a bit more happiness 😊
I liked your explanation.
Awesome goal! Thanks for watching 😁
If u have enough grandchildrens and kids retirement will not be boring
Absolutely great advice 👍🏾👍🏾👍🏾👍🏾
Thanks for watching!
I’m 68, been retired five years…saved my money and invested it appropriately and could not be more satisfied….
Can I ask you, how you did invest it? 32 Years old ICU nurse here
@@filippjovanov6196 keep it simple, invest in broad based diversified index funds, domestic and international, invest regularly and invest in your 401 k and most certainly in a Roth IRA…
@@hump1953 👍🏻😀Thank you!
Nursing is one of the most popular professions of millionaires. Good luck 👍
@@ChrisInvests Good to know!!!! thanks for the motivation ☺️👍🏻
Yes - I will SO MISS the “woke” hellhole corporate America has become……🙄
😂 you don't have to work corporate
And "woke" doesn't exits, except to those who dwell in right wing media world. ABA! (always be angry)
Everybody is always angry. It comes from believing the internet too much. The land of lies, myths and half truths.
Yeah, heaven forbid we expect our companies to be socially responsible!
The only people that get bored, or boring people. I’m 50 retired for several years I keep myself so damn busy.
Yes I understand my friend
Replace retirement with financial freedom.
I quit working last year to work on my projects.
There are unlimited God-honoring good things to do now and forever.
My best advice...keep 5-10% of your portfolio in exponential growth stocks. It's a good feeling knowing every time your stock goes up 10 cents it's another $20,000 in your pocket.
Great as long as you don't mind the fluctuations 👍
Everybody should see this video, the best.
Most people can't retire because they did not plan and save. They lived to impress others and spent more than they made. Financial success is living within your means and saving over time to build wealth, imo. We need to teach our kids this and not teach them to try and use debt to somehow make them wealthy. The system is designed to keep people broke so they are motivated to do things they hate doing like work in horrible jobs with little to no fulfillment. We should teach finding jobs you love and saving no matter your earnings. Saving 10% of any job's income will make you wealthy if invested at a young age and retire "on time". Check the math on investment calculators.
Purchase cheap land without any planning concent just outside towns even if it is green belt. The odd thing is green belt moves outwards over time so your green belt land becomes housing land 30 years later about when you wish to retire thus you sell for a big profit.
Great idea 💰
This is a great video. Thank you for talking about the downsides of retirement so we can plan for them. 👍😊
Thank you, Dorina! It's important to look at both sides of the equation.
I don't think I'll ever be able to within the timeframe... but I would LOVE to drop my 9-5 in favour of a part time job that will allow me to be home in the mornings and afternoons. Be home for my kid.
In my case it was SO incredibly boring to "retire early" last year. I thought starting my YT channel would have been a great way to spend my time helping people, but it's so saturated here LOL. Good call on focusing on health, that was one thing I dedicated myself to and I definitely feel much better than when I was chained to my desk all day.
😂 it is saturated but you just need more videos!
@@ChrisInvests LOL I'll give that a shot, thanks Chris :)
Personally, I would love to learn to day-trade and just do that a few hours of that each morning before teaching a class at a community college as an adjunct professor.
Could luck learning how to lose all your money 😆
I'm 65, never worked in America and just recently moved here form the UK. How do I sign up for SS?
Call the department of Social security and make a appointment
Gotta remember to account for health cost.
Despite the fact that stock prices fluctuate, what is the best method for capitalizing on the current market? I'm still undecided about investing $400k in my stock portfolio.
The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.
I was recently through an investing nightmare during the crash in march 2020. With the assistance of my advisor I have so far grown my dwindling portfolio of $145k to $480k
How can one get a decent investment advisor? I wouldn’t mind getting in touch with yours. In few years I will retire and my portfolio will definitely need some management.
My financial advisor is Nicole Desiree Simon . I found her on a CNBC interview where she was featured and I reached out to her afterwards. She has long helped me with my portfolio and is exactly what you need right now.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
I quit my job and was outta work for 9 months between 2018 & 2019.
Then I quit again and was out for 10 months between 2020 & 2021
I HATE working 😆😆
I'm praying to be retired in the next 7-10 years.
Tired of the Rat race...
🔥🔥
Need to find something you enjoy 🤷♂️
@@ChrisInvests
I enjoy sleeping in,
Playing video games,
Learning Spanish,
Watching netflix,
Going to the Gym,
And riding my bike on a nice sunny day.
Having a "job" gets in the way of all those things 🤣🤣
But... in all fairness,
I think it's the *40hr work week* that's the dealbreaker.
If I only worked 20 hours a week... I'd probably feel differently.
❤❤
I suggest talking with a career guidance counselor, taking the Myers Briggs Personality Preference test, and considering self employment.
You have gifts to share.
Seize the day. You can figure this out.
@@resourcefulqueen
❤❤
I'm pretty sure it would be parttime *Teaching/ tutoring.*
It's something I've always enjoyed.
it's just not Financially sustainable... and I'm NOT about to spend 30K for a Master's degree just to be *UNDERPAID.*
If I can get my finances in order within the next 8 years...
I may finally be able to escape outta the rat race and just *teach* for fun.
☀️☀️
I HATE working
Yes. That's obvious.
I retired 5 years ago at 60. There is a period of several months where I felt weirdly adrift, but I got over that soon enough. If you have hobbies and interests outside of your career, it's easy to adjust. The people who go back to work are those who had much of their persona wrapped up in their career, and need that sense of purpose and can't get over that adrift sensation. Me, I've been grooving on not having to answer to anybody (except the missus and dogs) for so long, I would sell everything and live in a trailer before I'd go back to work.
Glad you're enjoying your retirement. Thanks for sharing.
I had a colleague once who said he would even get bored just on weekends from not working. That is definitely NOT my mentality! I've always tried to make sure my identity is not overly wrapped-up in my career (which has been great and one to be proud of, but also stress I would rather not have if I don't have to). I'm planning an early retirement and am pretty confident that I have sufficient compelling hobbies and activities to keep me occupied. A few years back, I quit a job without having another lined up and took my time looking for the next one. Ended up being off for two months (and wouldn't have minded longer). I considered that my practice retirement. It was great, and I'm looking forward to the real thing.
Reall good video - thanks 😀
Thank you Susan!
I’m pretty sure I will not get bored when I retire…just so many things I want to do. I certainly won’t be sitting around doing nothing. Another few years I’ll be 55 and able to access my personal pension and exit the rat race…can’t wait! 😁
You're almost there 👍
I’m 62. I’m looking to retire to practice my piano lessons.
I’ve been retired 5 1/2 years i went out at 60 1/2. You need good health and plenty of funds I left work and never looked back. Part time work not me. I’m done
Glad you're enjoying your retirement 👍
Saving and investing can be fun if done in ways that interest you.
Completely agree!
I am semi retired at 48. I get bored easy. As a result I dont see myself fully retiring.
That's pretty common!
Education in science and/or technology, particularly software development, can be an effective way to combat boredom.
I retired at 59,and living my best life at home, enjoying life my house is paid for and car ,loving life
Glad it's working out for you
@@ChrisInvests I am 70 now and only have one credit card, and it will be paid off in 3 months
Best retirement video I’ve seen to date 👍
Thank you David....glad you enjoyed it
Wish I knew about this 10 years ago. I made enough that I could’ve Retired well by now. I screwed up.
You're definitely not alone!
Apparently budgets don't work for people that seems to be what I learned over the years
I think it is more important to pay something even a little into your retirement savings until you can get enough to invest
Save for nursing homes very expensive and senior homes for indecent living and assisted living very expensive thousands a month health care stay healthy
Barista 🔥 FIRE 👍🏼❤️🏆🙏🏽🙌🏼👏👑
But being retired gives you time to complain and be outraged over things you can do nothing about!
😂
I am 62 and have an income, investments and a paid for home good health that I could retire but I think having some meaningful interesting work to do is one of life's greatest joys.... I have left the corporate office and am writing books and preparing myself for a new career in the changing future by creating robots and studying AI. I have also studied orgone energy and built and tested several energy accumulators... Interestingly when I built and turned on a cloud buster to try and break a drought a UFO showed up... no I am not losing my mind.. but I have started discussions with the lizard people to try and fix our political problems .. just kidding
😂 The first part was true
Only boring if you're a boring person. Can you imagine going back to work? Spent years away from working and never bored. Work is a nightmare, only happy when I'm away from it.
Wow, sounds like you're in the wrong line of work
There is no need to "fill up your time" during retirement. It's just as enjoyable, valuable and even healthier to spend time alone taking care of yourself and being able to pay attention to the small details of our experiences.
Lol who are all these people that feel fulfilled from a job?
Retirees get bored when they run out of option that needs $. Those prepared are busily retired
Eagles don't flock .... and have never been happier ... debt free ... I/we get paid to be alive, it's our job
60, almost zero saved, no pension, large mortgage, my fault, work until things go black like ending episode of Sopranos….goes on and on and on and on…
I knew of a guy who sold his company for tens of millions dollars when he was in his mid 20s. He was traveling the world and he complained of being board all of the time.
I'm in my early 50s and can retire early but I plan on working until my later 60s just so I am not board.
Sure is different for everyone!
At this point? It's too late for this type of thing. I am 60 , having issues keeping jobs ,. Can't discuss the reason. Things went very wrong 23 years ago. And it's just bad. Have no 401k , IRA, just social security, haven't filed yet,. Just, I can't fix nothing lack of job, maybe, we'll see
I’m with you. Same situation. Large mortgage, no retirement saving, no pension (although worked 32 yrs in same field). Retirement is not possible. I will retire when this go black, just like final scene in Sopranos, won’t even know it when retirement bell rings, as it will be my final retirement and not the interim step many have after working days. Coming to this realization is liberating, knowing I spend the remainder of my years on this planet in the working world prison. No need to fret about previous decisions or plans to allow retirement, as the dice have been already cast….by me and my actions. I don’t like working, but I don’t sweat it either, my story already written.
I now fly first class, take Limos and wont settle for just ANY paid escort!
I retired at age 50. Love retirement, miss work every chance I get, never get bored, enjoy doing whatever I want, and have no financial worries.
For me, the hardest part of retirement is outliving my friends, family, and pets.
Sound bittersweet 😊
My retirement plan is to be a walmart greeter. Not a nice one but an ahole instead and roast people coming in the door Al Bundy style.
😬
I have something called imagination and I won't be bored in retirement!
Are you a Cartoon or a Real Person ? Thank You, Sincerely, Bugs Bunny-:(
😂
Just get a hobby, like building things. That or grinding netherite
Open the noor
Work as long as you can ... In America working and work is fun.
😁👍
Where are you from?
My plan is NOT to retire - at least, as long as I'm physically able to work. The percentage of people actually enjoying retirement seems pretty small to me; the majority just seem to be looking for ways to kill time between funerals.
There are pros and cons to each, that's for sure. Depends on the individual I suppose.
You are talking to the wrong people. Tina
Second
Thanks for stopping by 👋
I guess I’m first.
☝️ 😁