If you stay in just one place and do the same things each day, that time seems to pass by very quickly because our brains get in autopilot mode. When you encounter different situations such as travel, your brain has to work and even though it may be the same amount of time as staying home, the different situations make time seem longer. So travel stretches your life experiences.
I was reading this article that said Americans in their 40s are the least prepared for retirement. It makes sense when you think about it. Most people are busy with mortgages, kids, or paying off debt, so retirement planning takes a back seat.
That’s true, but the 40s are also a crucial time to start catching up if you’re behind. You still have about 20 years before retirement, so compounding can work in your favor if you’re consistent.
Exactly! I learned the hard way. I didn’t start saving seriously until I was 42, and I realized how much I was leaving on the table. Now I max out my 401(k) and put extra into an IRA. Better late than never, right?
That’s where working with a F.A like Graciela Lynne Schriewer truly makes a difference. after seeing her at a conference in New York I decided to collaborate with her, and it has been a transformative experience. She helped me streamline my finances, cut down on unnecessary expenses, and create a practical, tailored retirement plan.
Thanks again for your great videos. We retired at 64 and 58, downsized our home, and are traveling internationally about half time now. It’s the best thing we have ever done!! If anyone is on the fence about making some sacrifices in order to travel, I urge you to go for it! Never stop exploring!!
I’ve watched so many of your videos but, in my opinion, this is among the very top ones. A must watch, especially for those contemplating retiring soon. We have been retired for six years and have been traveling for about 24 years. Getting rid of stuff is a must! It clarifies your way of thinking about the possibilities!
Great advice, thank you! I've really enjoyed these videos that you and your wife have made, and you certainly have the credibility to speak to these issues. All the best.
Such valuable advice, regardless of how you decide to live your retirement. They are all important, but being debt-free and taking care of your health are particularly important. The book Outlive is really a great read. Selling/donating everything to become a minimalist turned out to be an unexpected joy for me. So liberating!
I have volunteered with Samaritan's Purse and Operation Blessing doing disaster relief and it has been an amazing experience. I encourage you all to give it a try. I have met some wonderful people and found it very rewarding!
Such great advice, as always! My wife and I often talk about previous trips and adventures we have been on. We noticed many years ago we talk about these memories and rarely of things we bought. Love the community group!
Thanks, and that's such a great observation about talking about experiences more than material things! It really does make a difference. Glad you are enjoying the community group. Happy journeys, John and Bev
Thanks again for some thoughtful words. I retired about six weeks ago, and your videos are very helpful, and encouraging us to make some changes, notably downsizing our home and possessions. Not easy to deal with, but as you note, it’s inevitable and we might as well do it sooner.
I was a minimalist well before I retired at 46 but it makes a world of difference. I made more progress after retirement as much of my items were work related. Having a real passion or passion project is really important as is staying connected to friends.
Great job on the the minimalism and completely agree about the passion project. Thanks for sharing and congrats on the early retirement. Happy journeys, John and Bev
One of your best videos! To me, it really drives home the importance of planning ahead. I know so many people who go into retirement without a plan and then live the next 20 years doing the same things they did before, except they are not working. It all goes by too fast and seems like such a waste of a wonderful opportunity for a fresh start.
Thanks so much. Glad you enjoyed it! You are so right about both the planning and that life goes by so fast. We look back at our five years of retirement in amazement at everything we have seen, experienced, learned, etc and want to share that hope with others. Thanks for following along with us and wishing you an amazing retirement. Happy journeys, John and Bev
My neighbor planned ahead for retirement his entire life. He cut down all his trees and has grass, very few plantings-very little yard work. He and his wife don't spend much money. He has to have at least a few million saved. He has been retired for at least 3 years now. Doing the same things he has always done except not going to work. I think he has a very boring life. They have never been on an airplane or traveled out of state. They have no debt though.
Great video! Being debt free is the is so important to having a stress free retirement. Being positive, friends..all important. About the spouse whose spouse doesn't want to travel. Compromise. It's okay that some people want to sell everything and go. It's also okay that some people are homebodies. Me and my husband find joy in adventure, but we also find it in being at home with our family and in our community. The key to happiness is that we found what works for both of us. If someone has a spouse who doesn't love to travel then compromise. Plan some trips together and enjoy. The spouse who wants to explore can join a group that travels or go solo. There's no rule saying our spouse has to do and live everything we do.
Thanks for this video! We have been following along your travels and you are both an inspiration and a modal for us. We are in the process of downsizing to a smaller place, giving away what our kids don’t want and beginning the next chapter. We too use financial planners, believe in alignment and making new contacts post retirement. We are exercising regularly and look forward to our new adventures. Thank you both for the inspiration. It has truly changed what retirement will look like for us!
Thanks for the kind words and for following along with us. Great job on the downsizing and living your best life in retirement. Stay in touch and happy journeys! John and Bev
Wow, John! This is a wonderful video!!! Thank you! You guys are such an inspiration to me! I have international trips #2 and 3 booked!!! My husband is finally joining me on trip 3!!!! Let's go, Mountaineers!!!!!
We’re so glad we could inspire you. Hope you guys have some amazing travels. Keep us posted. Let us know if we can help in any way. Go Mounties! John and Bev
Thanks for the positive feedback! We are trying to make the transition to retirement as positive as possible for everyone. Happy journeys, John and Bev
House up for sale, everything sold, just pending our trip for slow travel in Asia in the Spring. No kids, no debts, no anchors. We have lived overseas before and now will do it for the duration.
That's great. We look forward to hearing about your journey in Asia. Feel free to join our Facebook community group and share some photos and stories. Happy journeys, John and Bev
Enjoy your videos and have many of the same views and blessings though we have no desire to travel full time For us we have the best of both worlds - we enjoy traveling and having our sweet home / life in the mountains with our canine companion(s) Yes - we are debt free and have a financial advisor We walk every day in the mountains We have opportunities to be as involved in our community as we choose We are happy with our choices of where and how we live and our long time marriage ❤
Thanks for the wonderful list! You are living your best life, and it sounds like you are blessed and grateful! Thanks for the addition to the chat! Happy Journeys, even if it's just a walk in the woods! John & Bev
I enjoy your videos! You are so encouraging! My biggest travel challenge is that my husband is very tall and broad so doesn’t fit well in any regular seats. That makes travel very expensive.
Thanks, we are glad you enjoy our videos. We know it can be challenging when you don't fit the 'average' mold. We did a video on strategies to find affordable business class tickets that you might find helpful. th-cam.com/video/LSh8akYommk/w-d-xo.htmlsi=ScPkQ44-feKPGKin Happy journeys, John and Bev
My husband as well. We can’t quite afford business class yet, so we usually try to break the trip into shorter segments (5 hours or less) and upgrade to exit rows or extra legroom section - with him in the aisle. It’s not ideal, but better than not traveling. 😁
All very good points you make there John. We found the most important thing was your first point , going out of the workforce to retirement without debt. Downsizing was also most helpful plus the surplus funds from the sale of our big home was able to be invested into our superannuation to "bulk up" the investment. Both of us being on the same page with the will to travel is, as you say, very important. We're still trying to get rid of "stuff" but that's a progressive process, and it's helping me know more about what's important in our lives and what's just superfluous "fluff". Keeping fit is also very important as a precursor to extended good health in our later and years. Hope to go far beyond the stated "no-go years", (I'm 75 in a few months time).
It's always good to hear your thoughts and encouragement! My short trip to Quebec City is coming up the day after Christmas, and I am so excited!! Got several things off of your travel shop on your website, and I am beginning to put it all together for my pre-retirement practice run. Thank you for being a guiding light through this transition. I know you and Bev are where you need to be right now. My thoughts and prayers are with you. ❤
Quebec City is amazing! Enjoy your trip! We’re sure you will find it even better with your new travel gear! Thanks for the kind words and following along with us. Happy journeys, John and Bev
Re: Downsizing, I just finished reading the book "Scarcity Brain: Fix Your Craving Mindset and Rewire Your Habits to Thrive with Enough", it was great in the part about re-prioritizing having "gear" to facilitate your journey versus having possessions to weigh you down.
We always said if we were needed back home, we'd stop traveling in a heartbeat. This, unfortunately, has been one of those times. We are where we need to be at the moment, but we have some big travels planned in 2025. In fact, more travel vlogs are in our future to some out of the way places...Stayed tuned and thanks for hanging in there with us! John & Bev
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
A good friend of mine retired at 62. Turned 65 in August. Died Thursday from a heart attack. He loved retirement, but his health began slipping a year ago.
Hi John. Great video. I am 45 and looking for retirement by or before 50. These insights are hugely valuable. Are you able to suggest which financial advisor to pick. Fee only or a true wealth manager ? Thanks in advance.
Thanks. We have used a wonderful couple from Florida for the past 6 years and are very pleased. Here is a link to their website. We use them for all aspects of wealth management. www.ursadvisory.com John and Bev
Question for you? I've never traveled internationally and haven't traveled much in the US. We want to travel more once we retire. Which would you recommend we do first? I don't want to miss out on international travel but also wonder if driving will be too difficult if we put off the US travel.
Our recommendation would be to do a little of both if possible. Perhaps go visit a National Park in the US and make a trip to Europe for your first international trip. Somewhere like Spain, Netherlands, Italy, Portugal, etc would be nice places. Best of luck to you and stay in touch. Feel free to join our Facebook travel community group for more discussions. John and Bev
I love that you included the bit about positivity. My mom (now 80) has been relentlessly negative for many years and it is such a huge bummer, and has really decreased her quality of life into her golden years. Making an active effort to be positive and encouraging to others has huge benefits - at any age, really!
It’s amazing how negativity can really take a toll! Life is just so much better when you are positive and surround yourself with positivity. Thanks for following along with us. John and Bev
Well done John! I especially like the last 2 points! Be freaking positive! Don't watch TV! TV drags you down and makes you negative.... Surround yourselves with positive interesting people! Makes life so much more fun! PLUS get in shape! Eat better and exercise and surround yourself with positive people and get out of your comfort zone and see the world and experience other cultures and never watch TV ... and you will enjoy yourself! THANK YOU John and Bev!!!
Thanks for your enthusiasm! It's great to hear what resonated with you! Thanks for following along with us. Happy journeys, John and Bev retirementtravelers.com/
My husband and I retired at 50. We are based in Australia. We have paid everything off in our mid 40. Love your YT channel! We have been travelling a lot, and plan to continue for a very long time. We both love USA too, great travel destination…. Greetings from hot Australia!
I'm not sure if you mentioned having a will and a trust according to the laws of your state. We just closed my brother's estate and it took close to two years of probate, plus a lot of anxiety and legal fees.
You are absolutely right, it is very important to have a will and trust. We encourage our viewers to consult with an estate planning attorney, which is something we did just before retirement. Happy journeys, John and Bev
This is an awesome, well-rounded video, John! Really important information that only those with experience can impart. Thank you for the shoutout, too! Can't wait to see you guys soon.
I agree with the no debt. My mom shortly after she retired she decided to not only move to a different state but, also into a bigger house and bought a new car a few years later. To say I was upset would be an understatement. Now that she is in assisted living i have the fun filled task of getting rid of most of her stuff and in order to get rid of most of it I have decided to have an estate sale. They will get rid of most of the stuff even the things you dont think people will be interested in like cleaning supplies etc because they have the connections and have even given me recommendations on places that will get rid of the stuff that wont sell.
Very nice job covering the basics. I am sharing this not to brag but to show what’s possible. I’m retired and I have 2 separate portfolios. One is a long term growth dividend portfolio of stocks where i sell covered calls strategically and my 2nd portfolio is the Crypto trading strategy where its all about income. This year I am on pace to make $120K in realized options profits and around $869K in crypto profit... What is great is that my long-term portfolio is still up significantly as well. As such, it’s possible to generate excellent income but still have a total return perspective. ...Amidst this, the insights of a knowledgeable guide like that of Expert Shellane Maxwell can be crucial. Her expertise in navigating the nuances of trading has been the key for Me understanding and making the most of these emerging financial trends
What I appreciate about Shellane Maxwell. is her ability to tailor strategies to individual needs. she recognizes that each investor has unique goals and risk tolerances, and he adapts his advice accordingly
The issue is people have the "I will do it myself mentality" but not equipped for a crash, hence get burnt. Ideally, advisors are reps for investing, and at first-hand encounter, my portfolio has yielded over 300% since covid-outbreak to date, summing up nearly $1m
When you say that over 60% of retired folks are in credit card debt, I suspect you are mistaken. What is your definition of credit card debt? If I owe money from putting my groceries on my credit card and have a balance on my account until the bill is due, does that mean I am in debt? I don't pay any interest and pay the bill in full before the due date.
We are heading out the day after Christmas. Our next video is our update video where we tell our plans for 2025. It's a biggie for us, and we can't wait! Thanks for hanging in there with us. We had some family matters that needed our attention. John & Bev
Two things: 1) I loved my home. Lived here for a quarter of a century. Letting it go in retirement...downsizing...was the hardest and best thing I did, 2) Healthy til I hit 78 and my messy, broken back crushed my physical independence...one of the most cherished aspects of life. Appreciated all the things I did but was not ready to give it up. Best advise: Do it. Go now. You never know when it will stop. 🖐 from Wisconsin 🍻
Thanks for the forecast! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
Originally, my plan was to retire at 62, work part-time, and save steadily. However, rising costs across the board have seriously disrupted that plan. I can’t help but wonder if those who lived through the 2008 financial crisis had it easier than I do now. With the stock market’s volatility and a decrease in my income, I’m increasingly worried that I won’t have enough savings for retirement, especially since I can’t contribute as much as I once could.
I’m 77 and still working full-time. I genuinely enjoy my work-it gives me purpose and has helped secure my financial future. Many people rush to retire as early as possible, but I believe even if you do retire early, it’s wise to take on a part-time job for the reasons mentioned here, along with following many (if not all) of the suggestions in this video.
@@AlexSandra-g4d Proper asset allocation is essential for financial security. Many investors incorporate hedging or defensive assets in their portfolios to protect against market downturns. Seeking professional financial advice has been key to my success. This strategy has kept me financially secure for over five years, with a return on investment approaching $1 million.
@@HenryLawson-n7t Credit goes to Sophia Kathryn Jones, one of the top portfolio managers in the industry. She’s highly regarded and well-known for her expertise-definitely worth checking out her work.
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Everyone should have BTC in their portfolio
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
I am a 58 year old Network Admin, Retired Military, working on a small 2nd retirement, never owned a house, NO Debt, Small Savings, I am looking to purchase a Vacation Home in Vicenza Italy. I have done the research and know that I have to go through all the Hoops to get an Italian Mortgage and get it paid off with in 3 years or less. I don't want to purchase a home in the US. I would really like to talk with you all for 15 to 20 Minutes. My plan is to acquire a home in Italy and push everything I have to Savings. I built quite an Network Lab for my IT Studies and now. It is time to get rid of Everything.
1. Get out of debt - No brainer. 2. Align with spouse - Easy if you do whatever your wife wants. 3. Set goals - Can be good, but only if you really want to. You might not want the burden of new responsibilities. 4. Get rid of all the stuff - When you travel, you can live out of a suitcase. How much stuff do you really need? If you do happen to get rid of something that you actually need later, you can order pretty much anything on Amazon. 5. Get a financial advisor - Probably a good idea for most people. However, you could probably do a breakdown like 60% S&P, 30% bonds, 10% gold/silver/bitcoin, and you would probably do just as well as any advisor. 6. Social network - It depends if you want this. Some people do not really get much out of social interaction. Spending your time with family can be much more rewarding. 7. Travel while you can - It can be fun, but it can also be a pain. 8. Bad purchases - Definitely avoid. 9. Health - Being overweight is definitely something you can control. However, you cannot change your genes.
Fred, well said😉 #5 is more than "what to buy and what percentage", that's the accumulation phase. Retirement involves the spend down phase, etc as well as the phase when your noggin' ain't firing on all cylinders. And if not single, then the extra layer of the survivor's needs,
@@emc6511 , you are in spend down phase, but you still need return and growth because the government is constantly destroying the value of the money. Some how the 2% inflation goal has become 3% to 4%. And we all know the real number is about 2% higher than the official number. With our debt based money system, you never know when they will have to crank up the printing presses to bail everything out. I plan to always invest fairly aggressively based on investment strategies I have developed. I am going to teach my son how to run these systems, and hopefully he can be my financial advisor when I become unable to handle it.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Rebecca Lynne Buie has always been my top recommendation. Renowned for her expertise in financial markets and backed by an impressive track record, she comes highly recommended.
![KRK - ชนิสรา Ft.WanMai , N/A [Official MV] Prod. By Sakarin](http://i.ytimg.com/vi/C-WMwwYobcU/mqdefault.jpg)
If you stay in just one place and do the same things each day, that time seems to pass by very quickly because our brains get in autopilot mode. When you encounter different situations such as travel, your brain has to work and even though it may be the same amount of time as staying home, the different situations make time seem longer. So travel stretches your life experiences.
Thanks for the great insight. We agree that travel is a great way to keep things interesting!
Happy journeys,
John and Bev
I was reading this article that said Americans in their 40s are the least prepared for retirement. It makes sense when you think about it. Most people are busy with mortgages, kids, or paying off debt, so retirement planning takes a back seat.
That’s true, but the 40s are also a crucial time to start catching up if you’re behind. You still have about 20 years before retirement, so compounding can work in your favor if you’re consistent.
Exactly! I learned the hard way. I didn’t start saving seriously until I was 42, and I realized how much I was leaving on the table. Now I max out my 401(k) and put extra into an IRA. Better late than never, right?
That’s where working with a F.A like Graciela Lynne Schriewer truly makes a difference. after seeing her at a conference in New York I decided to collaborate with her, and it has been a transformative experience. She helped me streamline my finances, cut down on unnecessary expenses, and create a practical, tailored retirement plan.
Thanks again for your great videos. We retired at 64 and 58, downsized our home, and are traveling internationally about half time now. It’s the best thing we have ever done!! If anyone is on the fence about making some sacrifices in order to travel, I urge you to go for it! Never stop exploring!!
We’re so glad you are enjoying retirement, and we hope to inspire others to do the same! Keep living your best life.
Happy journeys,
John and Bev
I’ve watched so many of your videos but, in my opinion, this is among the very top ones. A must watch, especially for those contemplating retiring soon. We have been retired for six years and have been traveling for about 24 years. Getting rid of stuff is a must! It clarifies your way of thinking about the possibilities!
Thanks, we are so glad you found this one so helpful! We do hope that our content helps people.
Happy journeys!
John and Bev
Great advice, thank you! I've really enjoyed these videos that you and your wife have made, and you certainly have the credibility to speak to these issues. All the best.
We’re so glad you’re finding the videos helpful. Happy journeys!
John and Bev
Such valuable advice, regardless of how you decide to live your retirement. They are all important, but being debt-free and taking care of your health are particularly important. The book Outlive is really a great read. Selling/donating everything to become a minimalist turned out to be an unexpected joy for me. So liberating!
Thanks, glad you enjoyed the tips. Glad you are enjoying your minimalistic lifestyle.
Happy journeys,
John and Bev
I have volunteered with Samaritan's Purse and Operation Blessing doing disaster relief and it has been an amazing experience. I encourage you all to give it a try. I have met some wonderful people and found it very rewarding!
Thanks for sharing your experience - helping others is a great way to give back. Well done.
John and Bev
Thanks for the info. I just submitted my profile to them!
Such great advice, as always! My wife and I often talk about previous trips and adventures we have been on. We noticed many years ago we talk about these memories and rarely of things we bought. Love the community group!
Thanks, and that's such a great observation about talking about experiences more than material things! It really does make a difference. Glad you are enjoying the community group.
Happy journeys,
John and Bev
Hi John…you are spot on and many thanks for the encouragement and most importantly the clarity from someone who has walked the talk…
Thanks! Glad you found it helpful.
Happy journeys,
John and Bev
retirementtravelers.com/
This video should be mandatory for everyone before or during retirement! 😀👍
Thank you John for such great advice! Love alll your videos. You and Bev are an inspiration!
Thanks for the kind words and for watching!
Happy journeys,
John and Bev
Thanks again for some thoughtful words. I retired about six weeks ago, and your videos are very helpful, and encouraging us to make some changes, notably downsizing our home and possessions. Not easy to deal with, but as you note, it’s inevitable and we might as well do it sooner.
Thanks and glad you found it helpful. Downsizing our possessions has been life changing for us.
Happy journeys,
John and Bev
Excellent summary, succinctly and kindly delivered!
We appreciate that! Thanks for watching.
Happy journeys,
John and Bev
I was a minimalist well before I retired at 46 but it makes a world of difference. I made more progress after retirement as much of my items were work related. Having a real passion or passion project is really important as is staying connected to friends.
Great job on the the minimalism and completely agree about the passion project. Thanks for sharing and congrats on the early retirement.
Happy journeys,
John and Bev
One of your best videos! To me, it really drives home the importance of planning ahead. I know so many people who go into retirement without a plan and then live the next 20 years doing the same things they did before, except they are not working. It all goes by too fast and seems like such a waste of a wonderful opportunity for a fresh start.
Thanks so much. Glad you enjoyed it! You are so right about both the planning and that life goes by so fast. We look back at our five years of retirement in amazement at everything we have seen, experienced, learned, etc and want to share that hope with others. Thanks for following along with us and wishing you an amazing retirement.
Happy journeys,
John and Bev
My neighbor planned ahead for retirement his entire life. He cut down all his trees and has grass, very few plantings-very little yard work. He and his wife don't spend much money. He has to have at least a few million saved. He has been retired for at least 3 years now. Doing the same things he has always done except not going to work. I think he has a very boring life. They have never been on an airplane or traveled out of state. They have no debt though.
Great video! Being debt free is the is so important to having a stress free retirement. Being positive, friends..all important.
About the spouse whose spouse doesn't want to travel. Compromise. It's okay that some people want to sell everything and go. It's also okay that some people are homebodies. Me and my husband find joy in adventure, but we also find it in being at home with our family and in our community. The key to happiness is that we found what works for both of us. If someone has a spouse who doesn't love to travel then compromise. Plan some trips together and enjoy. The spouse who wants to explore can join a group that travels or go solo. There's no rule saying our spouse has to do and live everything we do.
Thanks for sharing your perspective. We agree that compromise is key.
Happy journeys,
John and Bev
Thanks for this video! We have been following along your travels and you are both an inspiration and a modal for us. We are in the process of downsizing to a smaller place, giving away what our kids don’t want and beginning the next chapter. We too use financial planners, believe in alignment and making new contacts post retirement. We are exercising regularly and look forward to our new adventures. Thank you both for the inspiration. It has truly changed what retirement will look like for us!
Thanks for the kind words and for following along with us. Great job on the downsizing and living your best life in retirement. Stay in touch and happy journeys!
John and Bev
Wow, John! This is a wonderful video!!! Thank you!
You guys are such an inspiration to me! I have international trips #2 and 3 booked!!! My husband is finally joining me on trip 3!!!!
Let's go, Mountaineers!!!!!
We’re so glad we could inspire you. Hope you guys have some amazing travels. Keep us posted. Let us know if we can help in any way.
Go Mounties!
John and Bev
Very well done! Great points without the negativity that sometimes can surround topics such as these.
Thanks for the positive feedback! We are trying to make the transition to retirement as positive as possible for everyone.
Happy journeys,
John and Bev
Great video, thank you! 😊
You are so welcome! Glad you enjoyed it.
Happy journeys,
John and Bev
🥇 Outstanding points, brilliantly said, hopefully heeded by all for far better retirements + lives no matter where…thank y’all! 🙌
Thanks! We are glad you found it helpful!
Happy journeys,
John and Bev
retirementtravelers.com/
What a helpful video! I bookmarked it as it is a great blueprint for retirement planning. Thank you!
Thanks! We are so glad you found it helpful!
Happy journeys,
John and Bev
House up for sale, everything sold, just pending our trip for slow travel in Asia in the Spring. No kids, no debts, no anchors. We have lived overseas before and now will do it for the duration.
That's great. We look forward to hearing about your journey in Asia. Feel free to join our Facebook community group and share some photos and stories.
Happy journeys,
John and Bev
Enjoy your videos and have many of the same views and blessings though we have no desire to travel full time
For us we have the best of both worlds - we enjoy traveling and having our sweet home / life in the mountains with our canine companion(s)
Yes - we are debt free and have a financial advisor
We walk every day in the mountains
We have opportunities to be as involved in our community as we choose
We are happy with our choices of where and how we live and our long time marriage ❤
Thanks for the wonderful list! You are living your best life, and it sounds like you are blessed and grateful! Thanks for the addition to the chat! Happy Journeys, even if it's just a walk in the woods! John & Bev
Hello Jon. You and Bev give great advice. Thanks for all yall do! I'm checking in from Memphis.
Hello in Memphis. Glad you are enjoying our channel.
Happy journeys,
John and Bev
Great video! Thanks.
We're glad you enjoyed it! Happy journeys.
John and Bev
I enjoy your videos! You are so encouraging! My biggest travel challenge is that my husband is very tall and broad so doesn’t fit well in any regular seats. That makes travel very expensive.
Thanks, we are glad you enjoy our videos. We know it can be challenging when you don't fit the 'average' mold. We did a video on strategies to find affordable business class tickets that you might find helpful.
th-cam.com/video/LSh8akYommk/w-d-xo.htmlsi=ScPkQ44-feKPGKin
Happy journeys,
John and Bev
My husband as well. We can’t quite afford business class yet, so we usually try to break the trip into shorter segments (5 hours or less) and upgrade to exit rows or extra legroom section - with him in the aisle. It’s not ideal, but better than not traveling. 😁
EXCELLENT TIPS!! Thanks, John & Bev for being trailblazers and such an inspiration. 👏🩷
Thanks, we are so glad you found them helpful! Glad you are enjoying our channel.
Happy journeys,
John and Bev
All very good points you make there John.
We found the most important thing was your first point , going out of the workforce to retirement without debt.
Downsizing was also most helpful plus the surplus funds from the sale of our big home was able to be invested into our superannuation to "bulk up" the investment.
Both of us being on the same page with the will to travel is, as you say, very important.
We're still trying to get rid of "stuff" but that's a progressive process, and it's helping me know more about what's important in our lives and what's just superfluous "fluff".
Keeping fit is also very important as a precursor to extended good health in our later and years.
Hope to go far beyond the stated "no-go years", (I'm 75 in a few months time).
Thanks. Being debt free just gives you so many more options in retirement.
John and Bev
Great advice! Thank you!
You’re welcome! Thanks for watching.
John and Bev
Excellent advice!! Could not agree more on every point! Thank you so much. I will be sending this to our kids! 😊
That’s great! We are thrilled you are passing it along to your kids. Thanks and hope they find benefit from it.
Happy journeys,
John and Bev
Some great tips and suggestions Tom. Thank you so much!
I'm so glad you found them useful!
Happy journeys,
John and Bev
It's always good to hear your thoughts and encouragement! My short trip to Quebec City is coming up the day after Christmas, and I am so excited!! Got several things off of your travel shop on your website, and I am beginning to put it all together for my pre-retirement practice run. Thank you for being a guiding light through this transition. I know you and Bev are where you need to be right now. My thoughts and prayers are with you. ❤
Quebec City is amazing! Enjoy your trip! We’re sure you will find it even better with your new travel gear! Thanks for the kind words and following along with us.
Happy journeys,
John and Bev
So much truth here. Retirement is our last chance to get everything right. Enjoy the journey.
Thanks so much. Retirement is a very special time.
Happy journeys,
John and Bev
Great points, and good reminders!! I love the idea of following your dreams at any age. Subscribed! 🤗
Thanks so much for subscribing and glad you enjoyed the video! Happy journeys!
John and Bev
@@RetirementTravelers 🤗TY!!
Thanks for your great video. Planning is as well very important in order to make things happening.
Thanks! Glad you enjoyed it. We agree, planning is key. Happy journeys!
John and Bev
All 100% solid suggestions.
Thanks, we hope they will help you on your retirement journey!
John and Bev
Re: Downsizing, I just finished reading the book "Scarcity Brain: Fix Your Craving Mindset and Rewire Your Habits to Thrive with Enough", it was great in the part about re-prioritizing having "gear" to facilitate your journey versus having possessions to weigh you down.
Thanks for sharing. Sounds like a great read.
Happy journeys,
John and Bev
We are retiring at 62 and 60 in 5 days and debt free😊
That's awesome. Congrats and enjoy your retirement. Hope you can follow along with us.
John and Bev
Great tips! Looking forward to seeing more travel videos in 2025!
We always said if we were needed back home, we'd stop traveling in a heartbeat. This, unfortunately, has been one of those times. We are where we need to be at the moment, but we have some big travels planned in 2025. In fact, more travel vlogs are in our future to some out of the way places...Stayed tuned and thanks for hanging in there with us! John & Bev
Don't work for money; make money work for you. Invest wisely today to create the freedom you desire tomorrow!!
Many new tra-ders face challenges without proper guidance. I found success by learning from James Clark's expertise.
@@thesearethefablesexactly that's why I always seek Mr J Clark's guidance in all I do 😊
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
Health is very important!...start early with this priority!
The earlier the better. Thanks for sharing.
Happy journeys,
John and Bev
A good friend of mine retired at 62. Turned 65 in August. Died Thursday from a heart attack. He loved retirement, but his health began slipping a year ago.
Sorry to hear about your friend. Life is short.
John and Bev
My dear sister passed unexpectedly 5 years ago (just passed the anniversary) at 46. She did not enjoy a healthy, well deserved retirement 😢
Hi John. Great video. I am 45 and looking for retirement by or before 50. These insights are hugely valuable. Are you able to suggest which financial advisor to pick. Fee only or a true wealth manager ? Thanks in advance.
Thanks. We have used a wonderful couple from Florida for the past 6 years and are very pleased. Here is a link to their website. We use them for all aspects of wealth management.
www.ursadvisory.com
John and Bev
Question for you? I've never traveled internationally and haven't traveled much in the US. We want to travel more once we retire. Which would you recommend we do first? I don't want to miss out on international travel but also wonder if driving will be too difficult if we put off the US travel.
Our recommendation would be to do a little of both if possible. Perhaps go visit a National Park in the US and make a trip to Europe for your first international trip. Somewhere like Spain, Netherlands, Italy, Portugal, etc would be nice places. Best of luck to you and stay in touch. Feel free to join our Facebook travel community group for more discussions.
John and Bev
I love that you included the bit about positivity. My mom (now 80) has been relentlessly negative for many years and it is such a huge bummer, and has really decreased her quality of life into her golden years. Making an active effort to be positive and encouraging to others has huge benefits - at any age, really!
YES!
It’s amazing how negativity can really take a toll! Life is just so much better when you are positive and surround yourself with positivity. Thanks for following along with us.
John and Bev
Well done John! I especially like the last 2 points! Be freaking positive! Don't watch TV! TV drags you down and makes you negative.... Surround yourselves with positive interesting people! Makes life so much more fun! PLUS get in shape! Eat better and exercise and surround yourself with positive people and get out of your comfort zone and see the world and experience other cultures and never watch TV ... and you will enjoy yourself! THANK YOU John and Bev!!!
Thanks for your enthusiasm! It's great to hear what resonated with you! Thanks for following along with us.
Happy journeys,
John and Bev
retirementtravelers.com/
My husband and I retired at 50. We are based in Australia. We have paid everything off in our mid 40. Love your YT channel! We have been travelling a lot, and plan to continue for a very long time. We both love USA too, great travel destination…. Greetings from hot Australia!
Congrats on early retirement. So glad you are enjoying our channel. We plan a return visit to Australia in 2026.
Happy journeys,
John and Bev
I'm not sure if you mentioned having a will and a trust according to the laws of your state. We just closed my brother's estate and it took close to two years of probate, plus a lot of anxiety and legal fees.
You are absolutely right, it is very important to have a will and trust. We encourage our viewers to consult with an estate planning attorney, which is something we did just before retirement.
Happy journeys,
John and Bev
Good video but completely disagree about using financial advisors taking a percentage of assets every year.
Fair enough. We just share what has worked for us.
John and Bev
This is an awesome, well-rounded video, John! Really important information that only those with experience can impart. Thank you for the shoutout, too! Can't wait to see you guys soon.
We appreciate the kind words. Thanks for watching. See you soon.
John and Bev
I agree with the no debt. My mom shortly after she retired she decided to not only move to a different state but, also into a bigger house and bought a new car a few years later. To say I was upset would be an understatement. Now that she is in assisted living i have the fun filled task of getting rid of most of her stuff and in order to get rid of most of it I have decided to have an estate sale. They will get rid of most of the stuff even the things you dont think people will be interested in like cleaning supplies etc because they have the connections and have even given me recommendations on places that will get rid of the stuff that wont sell.
Thanks for sharing your story. We are big believers in taking care of managing stuff while you are still able.
John and Bev
Very nice job covering the basics. I am sharing this not to brag but to show what’s possible. I’m retired and I have 2 separate portfolios. One is a long term growth dividend portfolio of stocks where i sell covered calls strategically and my 2nd portfolio is the Crypto trading strategy where its all about income. This year I am on pace to make $120K in realized options profits and around $869K in crypto profit... What is great is that my long-term portfolio is still up significantly as well. As such, it’s possible to generate excellent income but still have a total return perspective. ...Amidst this, the insights of a knowledgeable guide like that of Expert Shellane Maxwell can be crucial. Her expertise in navigating the nuances of trading has been the key for Me understanding and making the most of these emerging financial trends
CAN”T SHARE MUCH HERE SHE’S MOSTLY ON TELEGRAMS WITH HER NAME
@Shellanemaxwell she's verified
What I appreciate about Shellane Maxwell. is her ability to tailor strategies to individual needs. she recognizes that each investor has unique goals and risk tolerances, and he adapts his advice accordingly
The issue is people have the "I will do it myself mentality" but not equipped for a crash, hence get burnt. Ideally, advisors are reps for investing, and at first-hand encounter, my portfolio has yielded over 300% since covid-outbreak to date, summing up nearly $1m
She's definitely a top player in the trading world. Her ability to make successful trades is really impressive
When you say that over 60% of retired folks are in credit card debt, I suspect you are mistaken. What is your definition of credit card debt? If I owe money from putting my groceries on my credit card and have a balance on my account until the bill is due, does that mean I am in debt? I don't pay any interest and pay the bill in full before the due date.
Our definition is “carrying a balance.” In your case you do not have credit card debt, but many people do!
John and Bev
More people than not are paying interest on their cards. They're not able to fully pay the balance.
Hey guys when are you doing more travel? Where to in 2025?!
We are heading out the day after Christmas. Our next video is our update video where we tell our plans for 2025. It's a biggie for us, and we can't wait! Thanks for hanging in there with us. We had some family matters that needed our attention. John & Bev
Two things: 1) I loved my home. Lived here for a quarter of a century. Letting it go in retirement...downsizing...was the hardest and best thing I did, 2) Healthy til I hit 78 and my messy, broken back crushed my physical independence...one of the most cherished aspects of life. Appreciated all the things I did but was not ready to give it up. Best advise: Do it. Go now. You never know when it will stop. 🖐 from Wisconsin 🍻
Sorry about your back troubles, but thanks for the wisdom and experience.
John and Bev
@RetirementTravelers aw..thanks...it's been a good life.
Thanks for the forecast! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
??
I'll be 50 soon, very timely advice for me. Outlive is on my list to read. Thanks for the tips John.
Glad it was helpful. Enjoy the book and thanks for following along with us.
Happy journeys,
John and Bev
Originally, my plan was to retire at 62, work part-time, and save steadily. However, rising costs across the board have seriously disrupted that plan. I can’t help but wonder if those who lived through the 2008 financial crisis had it easier than I do now. With the stock market’s volatility and a decrease in my income, I’m increasingly worried that I won’t have enough savings for retirement, especially since I can’t contribute as much as I once could.
I’m 77 and still working full-time. I genuinely enjoy my work-it gives me purpose and has helped secure my financial future. Many people rush to retire as early as possible, but I believe even if you do retire early, it’s wise to take on a part-time job for the reasons mentioned here, along with following many (if not all) of the suggestions in this video.
@@AlexSandra-g4d Proper asset allocation is essential for financial security. Many investors incorporate hedging or defensive assets in their portfolios to protect against market downturns. Seeking professional financial advice has been key to my success. This strategy has kept me financially secure for over five years, with a return on investment approaching $1 million.
@@JamesCarter-t6s This is impressive! Could you share more details about your advisor? I'd love to know how I can vet them.
@@HenryLawson-n7t Credit goes to Sophia Kathryn Jones, one of the top portfolio managers in the industry. She’s highly regarded and well-known for her expertise-definitely worth checking out her work.
@@JamesCarter-t6s I’ve looked her up and sent her an email. I’m hopeful she’ll get back to me soon. Thank you for the recommendation!
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Everyone should have BTC in their portfolio
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days
Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I am a 58 year old Network Admin, Retired Military, working on a small 2nd retirement, never owned a house, NO Debt, Small Savings, I am looking to purchase a Vacation Home in Vicenza Italy. I have done the research and know that I have to go through all the Hoops to get an Italian Mortgage and get it paid off with in 3 years or less. I don't want to purchase a home in the US. I would really like to talk with you all for 15 to 20 Minutes. My plan is to acquire a home in Italy and push everything I have to Savings. I built quite an Network Lab for my IT Studies and now. It is time to get rid of Everything.
1. Get out of debt - No brainer.
2. Align with spouse - Easy if you do whatever your wife wants.
3. Set goals - Can be good, but only if you really want to. You might not want the burden of new responsibilities.
4. Get rid of all the stuff - When you travel, you can live out of a suitcase. How much stuff do you really need? If you do happen to get rid of something that you actually need later, you can order pretty much anything on Amazon.
5. Get a financial advisor - Probably a good idea for most people. However, you could probably do a breakdown like 60% S&P, 30% bonds, 10% gold/silver/bitcoin, and you would probably do just as well as any advisor.
6. Social network - It depends if you want this. Some people do not really get much out of social interaction. Spending your time with family can be much more rewarding.
7. Travel while you can - It can be fun, but it can also be a pain.
8. Bad purchases - Definitely avoid.
9. Health - Being overweight is definitely something you can control. However, you cannot change your genes.
Fred, well said😉 #5 is more than "what to buy and what percentage", that's the accumulation phase. Retirement involves the spend down phase, etc as well as the phase when your noggin' ain't firing on all cylinders. And if not single, then the extra layer of the survivor's needs,
@@emc6511 , you are in spend down phase, but you still need return and growth because the government is constantly destroying the value of the money. Some how the 2% inflation goal has become 3% to 4%. And we all know the real number is about 2% higher than the official number. With our debt based money system, you never know when they will have to crank up the printing presses to bail everything out. I plan to always invest fairly aggressively based on investment strategies I have developed. I am going to teach my son how to run these systems, and hopefully he can be my financial advisor when I become unable to handle it.
Thanks.
John and Bev
Retirement isn’t an end goal, but a journey best secured by careful and consistent investments.
Retirement is the reward of disciplined investing over the long term, not just a destination.
yes it is.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Mind if I ask you to recommend this particular coach you using their service?
Rebecca Lynne Buie has always been my top recommendation. Renowned for her expertise in financial markets and backed by an impressive track record, she comes highly recommended.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Assume you are under 70 and both in good health and have no young grandchildren ?