Okay, this video was the kick in the pants that I needed. I live in US, been at same job for 11 years and cannot stand it anymore, burned out. I have 100k in savings/investments and plan to sell my house and anticipate around 100k in profit. I think I can retire on this at 54 1/2 and move to another country and live a lot cheaper. I love you both for doing what you do!!
Absolutely! Planning ahead is vital for a prosperous retirement. A dedicated financial advisor will help navigate the complexities, making your golden years not just secure but truly fulfilling. Here's to taking charge of our financial future and enjoying the retirement we've worked hard for!
*Jenny Pamogas Canaya* is her name. She is a genius when it comes to diversifying holdings. You can verify her for yourself by looking her up online. She is well knowledgeable about the financial markets.
One thought is that it costs money to work . The cost of getting to work, work clothes , paying people to do things for you because you don't have time. How about that $12.00 /day lunch at the company cafeteria or the $5.00 breakfast on the way to work. In retirement one can do this at home for about 75% less . Another thought is to work 2 days a week to supplement your income and you will still have 5 days a week of freedom. Or work a seasonal job only . One could work 6 days a week from thanksgiving through New Years day in retail with the Christmas rush and then call it quits ! They probably only want you for that 7 weeks away. Stores like Lowe's also offer temporary jobs from April the June for the outdoor lawn and garden spring retail rush.
Awesome video, Allie and Rob! Wish I would have known all of this 20+ years ago (I'm 70 now, retiring 12/31/23). But on the plus-side, you have introduced me to the pleasure of train travel. Thank you!
I like the idea of house sitting . Add to that house sitting where you also care for the pet. Another one is driving older people in their car to Florida in the fall for the winter. Then they pay for airfare to get you home. And the opposite in the spring.
I knew a guy who retired young and moved to Colombia. To supplement his income and to see his family, every year came back to the states and worked as a caregiver for two months. Made 4-6k a month and lived very well down there.
Really glad we found your channels! 38 days and counting...then I step away from the corporate life and we begin our retired life (54 and 50 here, with a 12 year old in middle school.) We'll probably be here for about another year and a half (through middle school) then we're looking to sell the house and travel very similarly to how you guys are doing it. We'll use this interim time to research and learn, as well as prep for conducting high school online/abroad. We're excited and your channels are great resources and inspiration!
This describes my situation. My original plan was to retire at 55 (when I could access a private pension), but I realized I would have too much money, with no particular use for it. So I'm pushing up the date to 49, because I don't even want to "waste" years 50-55.
same, teacher pension at 55. If I leave now I lose almost 30% age penalty. I have a lot of home equity and more than a million save. I just don't want to take the penalty.
@@beatricerights Would taking the 30% penalty change the probability of success in your retirement? If not, you might want to reconsider. Don't let the "golden handcuffs" hold you back from living your life.
@@earlyretirement1459 Thank you for that message. I honestly think I would be ok. It's the fear that's holding me back. Also, most of my friends are civil workers and they are encouraging me to stay since the time I have left is so short. Btw, I'm binge watching all your videos. Great work! You now have a new subscriber.
I am retiring at 62 in May 2025. I can't wait. I've been working since I was 16 and raised 2 kids on my own. I'm old and my body has developed so much arthritis. There isn't a day that goes by that I'm not in pain. I'm ready to slow down and try to enjoy my senior years.
I know a postal worker who passed away of cancer as SOON as he retired after over 30 years, & worse, I was told by his colleague that he never even got his FIRST coveted postal service retirement check. 😢
I just retired I’m 56 no bills house sold gave car to daughter paid off. Moving to Thailand in January. I have a nice pension and good investments. Never working again. You only live once go for it and enjoy. Hope to meet you two in one of the countries we traveling. Dinner on me 😊. Thanks for your information.
Great video and totally agree with everything you said! I live in Australia and retired at 63 as I was burned out by my job. My friends were worried as I don't have a lot of money but I can see how I can make it work. I love waking up in the morning and knowing that I don't have to work like that again. 😊
Great video. I left my career a few years ago in my early 50s. I don’t miss the stress one bit and I love having the time and freedom to do what I want. It’s a bit scary when the markets are so volatile and inflation has driven prices up, but like you say, I can always get a little job if I need to make some extra money.
A friend of mine is single… and she is afraid to travel full time because she is by herself. I told her I would ask y’all to talk about how safe it would be in Vietnam or Bangkok
Too funny - I"m 45 and would also love to do this but my S/O also is hesitant - he loves the local area (MN) we live in but I want to see the world and enjoy life - it's so short. Hopefully she will change her mind!!! Best wishes to you!
I would like to point out that at some time near the making of this video you experienced a pretty scary "what if." Emergency surgery is terrifying and you had put yourself in an outstanding situation to deal with and manage that "what if." Last year - the day before my mothers birthday she was scheduled for a planned surgery and she stood in a freezing hospital lobby while she had to fast and couldn't drink water, waiting for the insurance to approve the surgery. For 6 hours. A great deal of people end up paying dearly for doing the "right" or standard thing.
I should also mention that I never planned to be a business founder/owner because I valued job stability and security. It really just took a nudge for me to step into a terrifying opportunity, which resulted in one of the best decisions of my life. Nearly 30 years later, I cautiously embraced retirement at 65. The first year went fast. It's definitely a weird feeling to be paying bills without earned income, but it's liberating at the same time. My advice is don't put all your eggs in one basket and definitely have a backup plan. Btw, my wife isn't on Medicare because she's younger than 65. If the ACA isn't affordable, check out short term (1-3 years) plans. I didn't know they existed. Some have great coverage and can be more affordable than ACA depending on your situation.
Why did I retire on Dec 31, 2022 after the worst stock market year in a long time? Because life expectancy won't wait for a correction and a subsequent rally. No regrets whatsoever. Own your remaining years and leave a legacy for the people and causes that matter to you.
Have you guys ever considered hosting a get together somewhere in Southeast Asia? Something along the lines of having a few people that follow you meet up, spending time togethe,r and maybe doing some sightseeing?
We have done some informally with people we've met along the way, but not announced. We are considering it though. Thanks for sharing your interest. It would be fun.
For a non entrepreneurial, 9 to 5 working class stiff like myself, options for me are limited. 401k and SS will be my retirement nest egg, which at the earliest can't be accessed until im 59 1/2. (401k) and 62 (SS).
What do you do about health insurance? I am 59 and my wife is 52. Our health insurance alone would be over 1000 dollars a month. That’s not including life insurance!
Probably not retired for me overseas in SE Asia, however if i can get a 3rd home based up to 2 months nights on the cheap by hotel such as IHG and Marriott. So, currently 1st home base is in California (house), 2nd is Japan (house), and now we need 3rd home based by hotel long term stays/nights. What do yall think on my situation?
@GroundedLifeFinances ok, think I got a plan. Stay at IHG properties (cheap one), 3 weeks at each SEA (SE Asia) countries including some cheap stays around Japan, until I hit the 40 nights to earn IHG top status then head back to base camp 🏕 (California). That's 1 1/2 months away. Hopefully the total cost will be under $5k.
@@theinternationalist1357 You'll get platinum status with the card if you are getting that, so the 40 nights gets you lounge access, and then at 70 nights you get Diamond. But 40 is the one to shoot for, as you are, because the lounge access is the most valuable thing. Good plan!
Okay, this video was the kick in the pants that I needed. I live in US, been at same job for 11 years and cannot stand it anymore, burned out. I have 100k in savings/investments and plan to sell my house and anticipate around 100k in profit. I think I can retire on this at 54 1/2 and move to another country and live a lot cheaper. I love you both for doing what you do!!
Glad it was helpful! Best of luck to you. Give Vietnam a look if you haven't yet, best bang for the buck out there.
YES YOU CAN!!!!!!!!!!
Absolutely! Planning ahead is vital for a prosperous retirement. A dedicated financial advisor will help navigate the complexities, making your golden years not just secure but truly fulfilling. Here's to taking charge of our financial future and enjoying the retirement we've worked hard for!
*Jenny Pamogas Canaya* is her name. She is a genius when it comes to diversifying holdings. You can verify her for yourself by looking her up online. She is well knowledgeable about the financial markets.
Thanks you for sharing. It was easy to find her on internet, seems very proficient and flexible. I booked a call session with her..
One thought is that it costs money to work . The cost of getting to work, work clothes , paying people to do things for you because you don't have time. How about that $12.00 /day lunch at the company cafeteria or the $5.00 breakfast on the way to work. In retirement one can do this at home for about 75% less . Another thought is to work 2 days a week to supplement your income and you will still have 5 days a week of freedom. Or work a seasonal job only . One could work 6 days a week from thanksgiving through New Years day in retail with the Christmas rush and then call it quits ! They probably only want you for that 7 weeks away. Stores like Lowe's also offer temporary jobs from April the June for the outdoor lawn and garden spring retail rush.
It does add up. That's what makes it so nice if you can work online.
Awesome video, Allie and Rob! Wish I would have known all of this 20+ years ago (I'm 70 now, retiring 12/31/23). But on the plus-side, you have introduced me to the pleasure of train travel. Thank you!
Congrats on your very soon retirement!
I like the idea of house sitting . Add to that house sitting where you also care for the pet. Another one is driving older people in their car to Florida in the fall for the winter. Then they pay for airfare to get you home. And the opposite in the spring.
We've never done the house sitting but it works well for people.
I knew a guy who retired young and moved to Colombia. To supplement his income and to see his family, every year came back to the states and worked as a caregiver for two months. Made 4-6k a month and lived very well down there.
Really glad we found your channels! 38 days and counting...then I step away from the corporate life and we begin our retired life (54 and 50 here, with a 12 year old in middle school.) We'll probably be here for about another year and a half (through middle school) then we're looking to sell the house and travel very similarly to how you guys are doing it. We'll use this interim time to research and learn, as well as prep for conducting high school online/abroad. We're excited and your channels are great resources and inspiration!
Awesome! Best wishes to you. Great you can take that time to plan and prepare!
This describes my situation. My original plan was to retire at 55 (when I could access a private pension), but I realized I would have too much money, with no particular use for it. So I'm pushing up the date to 49, because I don't even want to "waste" years 50-55.
Awesome!
same, teacher pension at 55. If I leave now I lose almost 30% age penalty. I have a lot of home equity and more than a million save. I just don't want to take the penalty.
@@beatricerights Would taking the 30% penalty change the probability of success in your retirement? If not, you might want to reconsider. Don't let the "golden handcuffs" hold you back from living your life.
@@earlyretirement1459 Thank you for that message. I honestly think I would be ok. It's the fear that's holding me back. Also, most of my friends are civil workers and they are encouraging me to stay since the time I have left is so short. Btw, I'm binge watching all your videos. Great work! You now have a new subscriber.
I am retiring at 62 in May 2025. I can't wait. I've been working since I was 16 and raised 2 kids on my own. I'm old and my body has developed so much arthritis. There isn't a day that goes by that I'm not in pain. I'm ready to slow down and try to enjoy my senior years.
Congrats to you!
I know a postal worker who passed away of cancer as SOON as he retired after over 30 years, & worse, I was told by his colleague that he never even got his FIRST coveted postal service retirement check. 😢
I just retired I’m 56 no bills house sold gave car to daughter paid off. Moving to Thailand in January. I have a nice pension and good investments. Never working again. You only live once go for it and enjoy. Hope to meet you two in one of the countries we traveling. Dinner on me 😊. Thanks for your information.
Awesome and congratulations to you! 🎉
Great video and totally agree with everything you said! I live in Australia and retired at 63 as I was burned out by my job. My friends were worried as I don't have a lot of money but I can see how I can make it work. I love waking up in the morning and knowing that I don't have to work like that again. 😊
Thanks for sharing!
I love your personalities, your channel, your adventurousness, & your relationship. You are couple, travel, & retirement goals for me.
Thank you so much!
Opening my mind, changing my ideas, giving me options. I love you guys!
So glad!
Great video. I left my career a few years ago in my early 50s. I don’t miss the stress one bit and I love having the time and freedom to do what I want. It’s a bit scary when the markets are so volatile and inflation has driven prices up, but like you say, I can always get a little job if I need to make some extra money.
Thanks for sharing!
I’m in my 40’s and these last 5 weeks can’t come fast enough. Moving to Bogotá 🇨🇴 and have passive income.
I love your comment about "what-ifs" are noisy - SO true!!! Congrats on your success!! Love your channels!!
Yes! Thank you!
Thank you for sharing everything u do 🥰
Excellent video! Super encouraging!
Thanks!
A friend of mine is single… and she is afraid to travel full time because she is by herself. I told her I would ask y’all to talk about how safe it would be in Vietnam or Bangkok
Totally recommended. It feels very safe in Bangkok. Allie goes out all the time by herself without a problem.
I'm 44 and would love to be doing this in the next few years! 🤞Trying to get my wife on board!
Perfect age, we started at 45!
Too funny - I"m 45 and would also love to do this but my S/O also is hesitant - he loves the local area (MN) we live in but I want to see the world and enjoy life - it's so short. Hopefully she will change her mind!!! Best wishes to you!
I would like to point out that at some time near the making of this video you experienced a pretty scary "what if." Emergency surgery is terrifying and you had put yourself in an outstanding situation to deal with and manage that "what if." Last year - the day before my mothers birthday she was scheduled for a planned surgery and she stood in a freezing hospital lobby while she had to fast and couldn't drink water, waiting for the insurance to approve the surgery. For 6 hours. A great deal of people end up paying dearly for doing the "right" or standard thing.
Great insights, thanks for sharing!
I should also mention that I never planned to be a business founder/owner because I valued job stability and security. It really just took a nudge for me to step into a terrifying opportunity, which resulted in one of the best decisions of my life. Nearly 30 years later, I cautiously embraced retirement at 65. The first year went fast. It's definitely a weird feeling to be paying bills without earned income, but it's liberating at the same time. My advice is don't put all your eggs in one basket and definitely have a backup plan. Btw, my wife isn't on Medicare because she's younger than 65. If the ACA isn't affordable, check out short term (1-3 years) plans. I didn't know they existed. Some have great coverage and can be more affordable than ACA depending on your situation.
Thanks for sharing your thoughts!
Why did I retire on Dec 31, 2022 after the worst stock market year in a long time? Because life expectancy won't wait for a correction and a subsequent rally. No regrets whatsoever. Own your remaining years and leave a legacy for the people and causes that matter to you.
Great thoughts!
Your words make sense.
You definitely gave me some things to think about.
Considering all your options is great!
Do you have a video that breaks down health insurance options for people that retire early?
Yes, LOTS of info on that coming soon.
Thanx for this video
Most welcome
Have you guys ever considered hosting a get together somewhere in Southeast Asia? Something along the lines of having a few people that follow you meet up, spending time togethe,r and maybe doing some sightseeing?
We have done some informally with people we've met along the way, but not announced. We are considering it though. Thanks for sharing your interest. It would be fun.
For a non entrepreneurial, 9 to 5 working class stiff like myself, options for me are limited. 401k and SS will be my retirement nest egg, which at the earliest can't be accessed until im 59 1/2. (401k) and 62 (SS).
Side hustle while keeping your 9-5.
Good info but what if you need senior care? That is big $ in USA and not sure how it is in another country like Vietnam.
Great info! 💯
Glad it was helpful!
New Zealand looks interesting, but is it any cheaper to live there then the U.S.? Plus I'd have to learn to drive on the left side of the road. :-)
It's not on a list of the cheaper countries.
@@GroundedLifeRetirementTravel Drat!
What do you do for health insurance? I have chronic health issues.
We will have some new videos about that soon
What do you do about health insurance? I am 59 and my wife is 52. Our health insurance alone would be over 1000 dollars a month. That’s not including life insurance!
We will have some videos up soon on it, but it is dramatically cheaper than that.
Probably not retired for me overseas in SE Asia, however if i can get a 3rd home based up to 2 months nights on the cheap by hotel such as IHG and Marriott. So, currently 1st home base is in California (house), 2nd is Japan (house), and now we need 3rd home based by hotel long term stays/nights.
What do yall think on my situation?
That's great! We love Japan too. You could pretty easily do 2 months in a hotel somewhere on points in Malaysia, Indonesia, India or Vietnam.
@GroundedLifeFinances ok, think I got a plan. Stay at IHG properties (cheap one), 3 weeks at each SEA (SE Asia) countries including some cheap stays around Japan, until I hit the 40 nights to earn IHG top status then head back to base camp 🏕 (California). That's 1 1/2 months away. Hopefully the total cost will be under $5k.
@@theinternationalist1357 You'll get platinum status with the card if you are getting that, so the 40 nights gets you lounge access, and then at 70 nights you get Diamond. But 40 is the one to shoot for, as you are, because the lounge access is the most valuable thing. Good plan!
can I ask what you are doing now to make more money than when you were at your jobs? Thank you!
Yes, this video will explain it. ua-cam.com/video/iCOVyqnQ6xg/v-deo.html
100%!!
❤
Very few can retire these days. The dream has become a nightmare for millions.
yes you can