------------------------------------------------------------- *_PLEASE STOP USING Spreadsheets!_** It falls way short optimizing every retirement factor* Retirement Tool Link I reference and use and recommend -- Boldin (old name: New Retirement) Free 2 week trial. $120/yr after. You will buy this after trying (I have purchased for 5 years ). * NEW NAME: BOLDIN All my old links will continue to work for your free trial!* www.newretirement.com/?nr_product=NRC&nr_a=35&nr_medium=affiliate& -------------------------------------------------------------------- *Need a CFP to create your professional retirement plan for a one time fee?* My Recommendation: Neil Fortwendel (812) 471-2492. Neil created my plan. Plan updates as you wish for a smaller fee. Check Neil out on Facebook and LinkedIn. Average Cost: $4000 ---------------------------------------------------------------------- *DO NOT GO IT ALONE!!!!!!!* *Money Pickle - FREE! use link to set up a FREE 45 minute dialog with a Financial Advisor* No obligation. Get answers to your questions. Get an expert to look at your plan. moneypickle.com/joekuhn --------------------------------------------------------------------- Most Popular VIDEOS *Health Insurance before Medicare* th-cam.com/video/KPs4RXOOS64/w-d-xo.html *You Cannot retire with these 4* th-cam.com/video/4qlCbfizoaI/w-d-xo.html *2 shocking surprises in retirement * th-cam.com/video/pCDR29HztnQ/w-d-xo.html *15 things you must let go to retire * th-cam.com/video/Hg0nvDeM1X4/w-d-xo.html *My retirement budget* th-cam.com/video/A5PCt_43Ruo/w-d-xo.html * 5 early retirement regrets* th-cam.com/video/9qCbvCF2Swk/w-d-xo.html *this convinced me to retire* th-cam.com/video/cU6qG_xC5CU/w-d-xo.html *Timing of Social Security* th-cam.com/video/UMH4UM3F3Ag/w-d-xo.html *How I fill my buckets* th-cam.com/video/vKMGjb1Myv0/w-d-xo.html *How I document my retirement plan* th-cam.com/video/aYmiXTmZAms/w-d-xo.html *What I have learned from 300 retirement coaching clients: * th-cam.com/video/EqZutxRckUw/w-d-xo.htmlsi=dqz8JoLrcpfgjj9t --------------------------------------------------------------------------- RECOMMENDED FINANCIAL ADVISOR - Assets under Management or one time plan creation Neil Fortwendel with Northwestern Mutual ph: 812 471 2492 Video by Lean Driven Reliability LLC This is not investment advice. For entertainment ONLY. Seek professional help to understand your unique situation. #retirement #retirementplanning #retireearly #retireearlyandtravel #financialfreedom #financialindependence #retirementincome #retirementstrategy #findingpurpose #keto #ketodiet #ketovore #hiit #hiitworkout #healthylifestyle #howmuchcanIspend
Not always, but to do it correctly you need to understand tax rates, RMD's, and keep careful track of your expenses by category. In addition, you need to understand exactly what your social security payment is expected to be. And most importantly, you need to be very experienced with Excel to do it correctly. I don't think Google sheets has the ability to do this well.
@@teekay_1Crucially, you also need to understand life expectancy, asset return variances, and how to assess risk. If using a spreadsheet, you would need to know how to enable it for simulation, how to carry out the simulation, and how to assess the results. I did this for myself. It exercises a lot of disciplines that nearly everyone won't be knowledgeable of because they were busy learning other things.
Totally agreed. A fact I had to learn over 20 yrs in the same company. But one has no other choice if he "loves" his job to call colleagues his friends? For me (44) I decided to distance myself a bit more from my job to focus also on the other parts of my personality. When I started doing so, I saw that my "colleague-friends" and me in fact do not have many things in common. Made me a bit sad. But helped me in some ways.
I completely disagree with this. As a veteran and retired firefighter some of my best friends were made. Maybe it depends on what occupation one works in. But this fact is not some anomaly.
@ It’s wonderful you made genuine friendships!! I however worked as a manager at the same restaurant for 21 years, announced my retiring, and moving…….and heard crickets (after 21 years working directly with about a dozen or so people) out of about 140 employees, it’s a large, 2-story restaurant. 🤷🏼♂️🤷🏼♂️🤷🏼♂️
I announced my retirement, and my employer told me to do so, but also then said he would continue to pay my salary for 6 more years. Some employers look after their employees.
Agreed. Whenever I go for an interview and they say we are family, I see that as a red flag. Most families, including my own, are toxic as hell and I don't want to spend the majority of my day in a toxic environment.
Yeah that's what it's like at my job. I come in do my job and don't care what happens when I'm not actually on the clock. I also outright refuse to socialize with any of my coworkers off the clock.
@@audrablue515 Great point, people want to heap all their efforts on their own families. But reality is that they will eventually drift off as well, in the best of cases. In the worst of cases, they'll abandon you.
The husband of my friend passed away. He had had a leading position at a certain successful company. The widow called the company one year later. The employee who took the phone had never even heard about her late husband who had been one of the pillars at the company before his death! That shows how quickly we will be forgotten after we retire or pass away.
There’s so much turnover these days that the people who came before them don’t have any relevance to the new people coming and what they care about is their financial situation and their families- totally understandable. Work is just a means to an end, not family, not even close. I can count on one hand all the true friendships I’ve made at various jobs
If you have colleagues that are fond of you, the may talk about you for a few weeks, think about you for a few months but we are all quickly forgotten after about 3 months!
@@orangesun3030I kind of agree with you in some sense, depending on your job. My new job involved training me for a very specific testing and data gathering. They would need a few months to find and train the next person, but alas, they still would find and train the next person.
I recently retired at 60. I want to compare work with vacation. When I was working we would always vacation at the same lake. It was fun and I enjoyed it. Now that I am retired we have been exploring back roads and discovering many incredible lakes, far more beautiful than the one I had been vacationing at my whole life. Going to the old lake was comfortable and routine like work. Retiring is getting out of your routine and exploring new things. Odds are, you will find a better lake.
@@PaulSimon-b4b Great comment, I kept many back issues of the magazine Texas Highways. I am going to dig them out of attic and start visiting those places.
I had no idea how sleep deprived I was until retirement. My priorities are health and happiness. More exercise, sleep better, down 25lbs, eat better, read more, in art school, lower BP 🎉
Hell yeah! health is wealth! go travel. LIVE AND USE EVERY SECOND! Im 50....and all i do is look back and say....where did it go. Enjoy life!! Fuck work
You have absolutely nailed it. In particular the “nobody cares” part. I retired in July after almost 37 years and I’m 55. Like you had many jobs, loved the people. But boy oh boy, do I appreciate no longer working. I told my husband, if he looks over at me and I’m shaking my head, it’s because I am so filled with gratitude. Thanking God every day!
Joe, everything you stated in your video was absolutely the truth. I’ve been retired two years and I am 63 years old. I put 39 years in to healthcare and was looking to do 45 but it got too stressful. I couldn’t take it any longer, and I took the plunge. I do not regret it ! I live life now and enjoy it!!!
Hah! I am also 63 and was released/downsized/fired at 61. I decided not to return to the workforce, therefore entered the "Retirement Zone". I do miss some of the challenges and identity associated with my work, and I get bored at times, but the stress is definitely way down.
Agree 100%. 25 year back office guy where I worked since company inception retired at 70. He knew every contract by heart, all the bugs in homegrown software, went through all the late nights and holidays with the owners as company struggled to grow. He knew the owners kids birthdays. Everyone said how are we going to survive without Rob (not real name)? Nice guy, well liked. Left without a whisper. No congratulation email from the bosses, no party. By the following Monday he was forgotten and a younger replacement picked up his job in a week and not one bad thing happened. He got not one phone call on how to do something. No one cares like you think they do and you’re not nearly as important as you think you are.
100 percent! I love what I do too. I’m eligible to retire in 6 months at 52 years old. I’m going in 6 months. Everyone I work with keep asking if there is anything that would keep me working. Absolutely not. I put in my time and I can’t wait to relax.
Wow, great video Joe! This one really hit home, every reason was spot on. I was in the trades for 42 yrs. I owned my own company for 31 yrs, sold it, stayed on for a few yrs as required, then left for good in May. Not 1 phone call from them, no emails, no hellos, no anything. And you know what…THANK God! I’m done and not ever looking back. We’re debt free 100% and no more stress!!!!! I’ll be 60 in December and we just bought a small camper to travel around this beautiful country and Canada eventually.
Very similar to my experience. After running one business for 31 years and another for 25 simultaneously health issues surfaced. It was kind if the frog in the water thing, pressures of life turned up slowly and I learned to deal with them in exchange for prosperity financially that i did not recognize the stress i was under. Almost exactly one year ago i closed the doors on my businesses and went to work as a employee. Only three or four phone calls have came in from clients I had for 30 years, and mostly they just wondered if I was for sure never coming back to provide my services to them? We bought the travel trailer last week, and I commented to my wife last night as we were walking how I had no idea how much less stressful it is to not be a sole proprietor. She still works her very stressful job, but one day, soon we may get to enjoy the finer simple things of life.....together.
“The cemetery is full of irreplaceable people!” Yes sir! When people tell me they love their job or I see it online, I say “don’t love it to death!” Why work into your 70s or later? Why say you will get bored in retirement? Tomorrow is not promised so you have to enjoy life while you can. Yes, you can go on vacations while you are still working but it’s not the same! You still have to ask your supervisor for time off and you still have a limit on how long you can vaca for. They will post your job while you are still cold in the morgue! Great video! 👍🏾👏🏾
Gary Keller said it all with his parady liking work to a rubber ball and family, health, quality of life as balls made from glass. You drop the tubber ball. It bounces back. The glass ones shatter when dropped.......
Just stumbled across your video. I’m 56 and can retire and thinking “one more year”. Your comments are reinforcing my belief that it is time to go. Thank you for sharing this video. Great wisdom!
I was thinking the same thing as you before I retired. Then an old gentlemen at my church said, "Don't kill yourself to make another nickel..." Been retired for 5 years now with no change in standard of living, but significant improvement in my physical, mental health, and family relationships. You will find other things that take up your time and you will eventually wonder how you ever had time to work. Good luck.
So true for all of this Joe. I’ve been retired for over a year, and I can say I recognized all of the things as I went through my announcement, then my subsequent 4 months of still hanging around. First, people scramble to take your job, everyone switches gears and goes elsewhere for advice, etc. I had a major role in my organization and I could have left the day of my announcement and they would have easily figured out how to live without me!
We received an email that a coworker passed away. The next morning we all received another email telling people to return his belongings to his office because his family was there to pick them up. Your chair and pencil holder means more to people than you do. Even if you worked there for 20 years. Nobody cares; just do what inspires you and what your curious about. Thank you for the video.
You just reminded me of a girl who self ended her self about three decades ago. She was 18 and hung her self in the family's garage. The next day her father was in the office demanding her last paycheck because his motorcycle loan payment was due in a couple of days. Yeah family can be such wonderful people.
The fact that between the first email and the following email co-workers had pilfered all office equipment from his office shows a lot about humanity! 😢
Been retired 1.5 years and it's amazing how quickly I stopped thinking about my job. I liked my job, but never LOVED it. Once I hit my number I gave 2 weeks notice and never looked back. Work sucks. Lol😊
Well done. Hit all the important points. Not retired yet, but hope to be in four months. Won't miss my work or coworkers, or work politics and drama. Already feeling the relief of leaving my 30 year career. Thanks.
After 31 years with one company and leaving 2 weeks ago, everything Joe says is TRUTH!! There are absolutely other journeys that we can all take in life that will satisfy our needs and desires. The world has much to offer and believing that your current job is the only thing is something I got caught up in. Thanks Joe for your insights and passion.
I retired one year ago and the advice provided in your videos helped with my decision. Months before retiring, a friend and I were simultaneously working through our emotional and financial analyses, and we often discussed your warnings about working "just one more year." It would have been easy to keep working, but it would not have been healthy. This past year in retirement has been wonderful and I am so grateful I did not spend it working! Although I could not afford to retire until 65, I am a healthy hiker, mountain biker and cyclist supporting my community by building and maintaining mountain trails and volunteering with local schools providing environmental education. Thank you for sharing your retirement wisdom Joe, it helped changed my life.
Joe, your #10 brought back a sad memory of our Chief Engineer Mr Meek who had open heart surgery. He was in his early 70’s, but wanted to come back to work intead of retiring so he could have health insurance for his wife who didn’t work…I kept telling my boss that I did not think he should be back at work, but he told me HR cleared him to work so we had to let him come back…Sometime later on a Sunday afternoon one of our radio stations was off the air, he came in to try and get it back on but had a heart attack and died right there in the control room…I’ll never forget that day…Rest in Peace Mr Meeks☮️🙏💟🙏✝️🙏
If you were able to retire at age 51, you’re probably in much better financial shape than the majority of people. Many people just don’t have that option.
@@frankenbeans6930 Actually it was pretty simple. I've always lived within my means. Never carried any credit card debt EVER. Purchased all of my cars with cash. All of the houses we lived in were fixer uppers which I then slowly remodeled on the budget. Always paid myself first with any extra cash going into the brokerage account. All of this was done on a pretty average salary while raising 2 kids. It is not rocket science. All you need is some self discipline and rejection of the mindless American consumerism. Highly recommend.
You're spot on with your 10 points. I had a career in HR. Unfortunately, having been in on many "you're getting laid off" meetings, what I learned was 1. Everyone is a Free Agent (It's a business, not a family), 2. Everyone needs a Plan B (totally agree that no one person is indispensable; Companies have Succession Plans for a reason).
Your comments are spot on, Joe. I’m a high school teacher and I’ve been unhappy in this career for years. I have a little less than 4 years until I can retire at 60. All the negative stereotypes of education pertain to this school. I am easily replaceable. The job is soul crushing. The second I walk out that door, I will forget all about them and they will forget about me.
Your story makes me feel bad and also makes me curious about the problems in education you allude to. Are these problems related to high school students that do not take their education seriously, or is this related to the career and management side of education? I only ask because my wife works at a private high school in the SF Bay area. She does not work as a teacher but she did get her teaching credentials.
I recommend she NOT teach middle nor high school. Get an elementary school job. I work at one with 90 percent Hispanic kids. They are mostly sweet kids. We have fewer problems. No tampons in boys’ bathroom or kids who identify as cats. The key is the kids and the principal! It’s tough, but when your wife interviews, have her find out somehow if the principal is an ego maniac. Most of mine have been; I’ve gotten lucky the past two years. I started late, but if your wife can get her PHD ( or masters…. but better with PHD) , she won’t have to work as many years because salary is based on time/ years AND degrees held. Good luck to her. It’s not always bad.
Another four years of "soul crushing" hell? I wouldn't last five minutes with the mouthy, unruly kids we have today. They'd be in the ER and I'd be in jail.
Good points. Early on I noticed when retired former co-workers came around to visit, it always had a similar "what is he doing here?" awkward feeling as when an 18 year old college freshman visits his old high school to see his friends. This was true even for the most respected formerly hardest working people - the ones who sacrificed everything for the job. I realized this early on and made a point of prioritizing my family instead. And you'd better believe I'm retiring the first day I'm eligible - six months to go!
I have worked in several different workplaces over the years and I make it a rule to never go back to visit a former workplace. If I see a former coworker at a store, or event, or on the street, yah...we visit, catch up, or have coffee but it's true: You can never go home again.
As a 30yr old I really enjoy watching these videos to get the perspective and knowledge to better prepare for the future. My husband has a great job in finance and is part time remote which is nice. I’m pretty much a stay at home mom since I work from home and have a flexible schedule, which is perfect because I can watch and take care of our 1 year old which saves us a ton of money. We’re debt free and focused on investing so that he can retire early. It’s also kinda cool that you’re in Indiana cause we live in fishers. My husband is born and raised here, but I relocated from SoCal a few years ago, but absolutely love living here way more. Just wanted to drop a comment and show appreciation for your content and efforts. It’s nice to see those who put out genuine helpful videos because they enjoy it and not following the crowd by pushing out fear for clicks and views like the mainstream TH-camrs. So thank you✨
Great insight Joe. What helped me enter retirement at 62 from a job I loved was coming across this pearl of wisdom from Dr Suess ... "Don't cry because it's over. Smile because it happened."
I worked two years longer than I should have. I could have spent more precious time with several people who were dear to me, whose time I didn't know was running out. My boss didn't even give me a retirement lunch, something I used to arrange for others when they retired there.
Joe; Liked this video message, all very true. I retired 2 yrs ago from Engineering in the PertroChem industry at 60 years old and 38 years of experience. To support your views, when a co-worker died their job was typically posted before their funeral was held. Work will go on just fine, despite our belief that we, or anybody else, is irreplaceable. Thanks for the great content., Mark, Baton Rouge, LA
I retired last December with a huge media project I had spearheaded for 18 months about 90% done. It was launched in March with a splash, and no surprise, the person who sat back and watched got all the credit for the work on the 5 pm news! I laughed, so happy I was out of the stress and collecting my monthly check. 😊
So true. Love working on my health. Firing up old hobbies that i just didn't have time for while working. I got cut in the middle of a project. They are completing it this weekend. I was never in the mindset i am irreplaceable. I knew they would be fine. I always told my colleagues just die in your chair and see how fast they replace you. Loving this new journey. Have already reconnected with old family and friends that i have not seen in many years.
I’m 45 and your videos have made me reassess what I want for my life. I enjoy my profession and will happily spend the next 10-15 years getting financially ready to retire - but I now realise that being emotionally ready is just as important. Thank you for sharing your journey
Very true about the stress you did not even know you carried when you were employed. The day after I quit, I woke up with a sense of freedom that I had never experienced before, even on vacations. I felt I had this new freedom to do whatever I wanted to do with my time. Felt like a weight was removed off my shoulders. It was beautiful, still is.
I definitely felt a large amount of stress removed after I retired. I knew I had some stress from work but didn't know how great it was until it was gone.
Yep. Definitely tough love issues here. I'm 68 years old... still working as an IT Manager with all the stress and drama that comes with the job. I'm convinced now more than every... the clock is ticking. Will watch this again and again. I believed so many of those myths and it's time for a new challenge.
I'm a 62 year old IT Manager thinking of working 5 more years but struggling to feel motivated. Had kids a little older than most... youngest is 19 and in her second year of college. Was between jobs briefly and COBRA was expensive... not sure how people afford it.
Thank you for your Service, but I never met a single person who Fully Retired after 20 years (myself included). 14 years after my USN Retirement and still punching in and out. God Speed !
@@jayp4114 I agree. Just say I have been very blessed with my investment choices and will start a business that produces passive income. I am not working for anyone ever again where I chase an eval.
@@jayp4114 I will do something, but have placed an incredible amount in BTC and other mutual funds. My future is good. It is up to me to mess it up. Thank you.
This is the first truly helpful video on the decision to retire that I’ve watched. Thank you. I’m 47 and have reached all of my financial retirement goals, but I’ve been hanging on to work using many of these excuses, but they’ve started to wear pretty thin lately. 50 was always the goal or when the kids were no longer eligible to be on my benefits, but now you’ve got me thinking “why not right now?”
If you wait 3 more years, you might have a bit more money, but that is 3 years lost that you could have started a more interesting life. After the 3 years are up you’ll either realize it was the best thing to retire at 47 or you’ll regret you lost 3 years of curiosity and adventure by sticking around.
I'm about the same age, but in my case, the financial target for retirement is somewhere around 60. Being in Australia, healthcare costs are not a major issue, but housing costs are. Technically, I could retire at 55 and access my defined benefit pension, but it would only cover about half of my cost of living in retirement.
I was ready to retire at the end of 2022 at age 52 but convinced myself to go another year as our company was building a new facility and I wanted to help and see this happen. In August of '23, a dear friend was diagnosed with stage 4 prostate cancer at age 58. This was enough for me to decide to retire at the end of 2023. A few months into my retirement, I lost 3 friends...age 50 (liver failure), 53 (stroke), and 56 (heart attack). Reality life is short. Now 9 months into retirement, I've lost 32 lbs, eating a healthy diet, exercising 60-90 minutes per day and feeling amazing. If and when you are ready to retire, do it!
No, life is short for those who have poor nutrition, don't exercise, and/or drink. To die of liver failure, stroke, or heart attack in your 50s in not normal.
Had a co-worker retire after 26 years of work. He wanted to stay but health issues made him leave. They collected money to get him a gift but they got lazy and just gave him an envelope filled with the cash as though he was some homeless person. After the good bye gathering he left the building but forgot something. When he tried to get back inside the building they had already deactivated his key pass.
I was laid off my job at 62 when the company closed. I sat at home for 4 months, kept busy, but decided that a) I needed insurance and b) more money in savings. Now two years later, am glad that I went back to work. My plan is to retire at 65 with Medicare insurance and work part time, maybe 4 days a month to cover the bills. I work in the health care field so I feel personal satisfaction helping those in need.
Healthcare is the most mismanaged business I have ever seen. I've been around the 800 largest companies in the world over a 30 year career. I went to a hospital system to have a "final" stint of 7-8 years. I've never seen such lack of business savvy. I went and asked a few others in my network what they saw, telling them what I was seeing, in a complete lack of strategy and competence. From three of the largest in the nation they all repeated back the same.... "Yep". That place treated me worse than any business I'd interfaced with and it's endemic to the entirety of the vertical. They all have god syndromes and feel they know more because of their "Doctor" titles. I disagree, they are to blame for much of the issue in healthcare delivery due to lack of business understanding.
My God, every single thing you mentioned in this video (that I personally can relate to anyhow) is 100% BANG ON. This is a great video and a very interesting topic. I've been retired two years now and LOVE it. One thing I've noticed is that I can look back on my working years and see things now that I didn't see then. It's funny how in retrospect or hindsight things become a bit more clear. That being said, I have no idea why anyone would want to work longer than they have to. I worked in a manufacturing plant the last 25 years of my working life, and it was not an easy job (but it WAS a good company and we were treated well and fair) and it got difficult to continue doing it as I got older. I'm not necessarily talking about brutal physical labor, but once you hit your fifties and sixties - and sixty five, which is when I retired, you realize that, hey, you're not 30 anymore. Couple that with no less than NINE people, all men, that worked with us died (all but one suddenly) without even sniffing retirement or social security or their 401k that they worked so long and so hard for. To be honest, most of the people I worked with all wanted to leave at 62, but the caveat is that health insurance, so medicare is imperative. Buying it on your own is way too expensive, or it was for me and most of us at work. Thanks for this video. Very insightful.
Joe, on point again. I recently retired, and the weight I did not know I had was put down. I have better focus on friends, family, travel, exercise and self care.
I retired just over two years ago and it really hit me a couple of months into retirement just how much stress I had been under at work. It felt like a ton of worry had been lifted off my shoulders!
You speak the truth. I'm still working. I have 2 friends that I worked with that retired that I keep in touch with. It's rare...most people you work with aren't your friends. Just nice people you work with. One thing I'd add - when you talk to someone who retired, nobody cares AT ALL about what projects they worked on, what great things they think they did. The only thing that will come up is - were they a good guy? Your family and actual friends will remember you for who you are, not what material things you did.
Great points. First thing you said is true... you need to be brave and turn the page. Retirement was not easy for me to transition to at first but so glad I did. Healthcare with ACA is not expensive, if more people knew about how it works, more people would probably be retired early. And my former employer is doing just fine without me
I always watch and enjoy your videos and I have to say this is one of your best and it is especially timely for me. I am 61 and have a date in mind to retire, but now that it is getting closer, I am getting some second thoughts. Your video helped me focus on why I was planning to retire in the first place. Looking forward to the next act.
I retired at full retirement age of 66 at the time and I actually liked my job. I’m still am Facebook friends with some coworkers and run into each at bike events. The thing I miss the most are the office dogs, yes we had dogs that employees could bring if they were well behaved. I feel lucky I worked for a good company that treated me well. Good luck!
Someone once told me “leaving the company would be like pulling your thumb out of a bucket of water. The void will be easily filled.” Your list is spot on and hopefully will help those in the “just one more year” mentality. I’ll add that the new found feeling of true freedom was an unexpected source of joyful happiness. Retired 5 years ago at age 52.
Good to see somebody gets it. I retired before most of my friends. I have been fully retired for about 2 years. I retired at 59. You are absolutely right on every single point. I don’t even think about work anymore. I lost 15 pounds and have kept it off. My blood pressure is back to normal. My friends and family love the new me. They say I am so relaxed and happy instead of tired and irritable. I go to the gym 4 days a week to do treadmill and weights. I read books for pleasure, not for work. I practice guitar as much as I want whenever I want. I avoid obligations, commitments, and schedules. If after recently retiring you get bored and want to return to work, you obviously didn’t plan psychologically for retirement. Give yourself a slap. You have to have a plan of what you’re going to do in retirement. Also, when you retire, there’s a lineup of people who want you to volunteer for anything and everything. Don’t feel you need to volunteer to give yourself a sense of purpose. What a crock. My wife and I are about to go on our 4th cruise since retiring. I go on long motorcycle trips in the summer. To close, I don’t miss work at all and rarely think about it. Retirement is better than anyone said it would be. My challenge now is to stay healthy long enough to enjoy eventual grandchildren.🎉
I agree with all the myths. When the family relies on my paycheck, it holds me from retiring until I'm 65. Kids are grown... husband has a better job... and I'm looking forward to volunteer more and find what I can do in that 40 hour work week. I believe my team will succeed without me. Newbies with new ideas and ways to work through issues in an ever changing world should be welcomed. I just need to let go. Thank you for the video.
Recently retired at 45. Worked about 22 years. Started coasting after about 15 for the usual reasons. Decided to end it early. No regrets. Can't imagine ever going back to the insanity of a 9 to 5.
Joe is right-once you announce your retirement, the office dynamics shift. I retired three months ago at 65, and I’m really glad I did. I have plenty of activities to keep me busy during the day. I also deal with chronic tinnitus, which worsens with stress. Now that I've eliminated the daily work-related stress, my tinnitus has become much more manageable.
Tomorrow is 40 years of work for me, 11 jobs. Long hours, stress, no peace of mind. I'll be 64 soon and retiring in early 2025. I've really changed a lot over the years and life has molded me into a confident, tough, resilient person.
When I was a young boy, all of the grownups used to ask me what I wanted to be when I grew up. Looking back over my life, the answer I should have given is “Retired!”
I learned the point about friends while I was still working. For twenty years I had a job that required lots of travel in teams and long hours. So, you'd spend much more than the usual 9-5 together, in airports, in cars, in hotels or having dinner or going on outings on the road. It was really easy to feel like you were close friends when you worked that closely. But I'd always be baffled when someone I considered a friend left the company and I'd do my best to keep in touch and it was like pulling teeth. The connection often withered pretty quickly. (Sometimes it would happen if they just went to work in a different department!) Then I wised up. Colleagues are not friends. They just aren't. I'm approaching my third month of retirement (at age 57) and I'm loving it. My only regret is that I didn't save more aggressively throughout my career, so I could have done it even earlier.
I'm also 60 and do find satisfaction and challenge in my job, which is highly unique (classified hypersonic flight research). As much as I love the science and importance of what we do, I am out the door as soon as we sell a rental and pay off our mortgage...planning for next spring. From what you reference regarding giving notice and the "weirdness that ensues"...I may only notify my manager and just STFU with colleagues. No forced pleasantries, no feigned interest in my plans, just pack and GO.
Very true about the corporate game. Everyone is replaceable and just a cog in the wheel. Once you announce you're leaving, you're officially out and all the nice words and hugs, will be quickly forgotten as life goes on for everyone. I decided to pull the trigger and retire as i wanted to get back time to explore what's next. Time is flying by and if anyone can afford to retire, don't wait...
Perfect timing on this video showing up in my feed. A. I hate my job--I just do it because I have to pay the bills and I'm almost 20 years in with a small retirement when I leave. B. People at work are NOT your friends, for sure! (I work from home since 2006 and started telling myself that people I work with are NOT my friends, and started treating them as just colleagues pretty soon on). C. My family has a history of untimely passing (65, 69, 71) so I'm aiming to retire at 63. (The stats don't look good on longevity). Thanks for this video. Great!
Thank you for the video and the pespective you bring being 6 years into your retirement!! I'm 29 years old and have been working since I was 18. I've charted my career such that I will shut it down when I'm 38. Then finally i'll start living my life. I resonate with the message that we are MORE than our jobs and careers. It bothers me a lot when friends and family question why I'm rushing retirement, asking things like "What will you do?"
Hi! TH-cam must know I'm thinking about retirement about 5 or less years out because much of my feed shows me videos like yours 😊. I appreciate your tips and sage advice.
I just stared transferring everything to Boldin. I look forward to the comprehensive view of the entire retirement picture. I have wanted a one stop shop for it for some time now. Thanks Joe.
Great points and all true. I would just like to add one thought. After 38 years with the same company, doing a job I loved, lived and breathed, I am happily walking away (next week). I am making the retirement leap. But my wife is terrified. She does not like change. We will be fine. I share the whole journey with her. Your points are all valid but it’s not just me. Its us. It was my wife who wanted me to do ‘just one more year’. Then it would be ‘just round it off to 40 years’ 😁. But now the time is right. Thanks for a great video.
This subject, the concern of wives, would probably merit it's own vlog. Yes, we have major concerns...is this guy going to be underfoot all day?, is he going to mess up my outings w/ my girlfriends?, is he going to expect that I cook more meals for him?...Yep, we have our concerns. Just being real here.
I am ready to start retirement now at 59 and I believe we would be financially fine, but my wife is scared as well. How do I convince her it’s time and we are financially secure?
@@mnb3566 Well, you're going to need to get her to sit down w/ you & go over the numbers. Make your case. She has a point, 59 is pretty young for retirement (6 yr's out from Medicare) so you need to prove yourself.
Nice vid. Retired (semi) at 55. Coming up on the best 5 years since making the decision. Renewed health and relationships with family and friends. Made a move across the pond. Building a successful brewery and loving it! One bit of advice, have a plan to keep you "busy", and ideally augment income if you can to defer drawdown on retirement assets. Other than that, don't delay and get on with real living! 😎🍻
I'm a few years away from a planned retirement, and i am using this time to plan the next phase of life. Work will never end, goals are never-ending, there's always another year. Work is less important as i realize there is life after a career. I am also working to optimize my health. I see retirement as another inevitable phase in life.
Everything you say here is true! I spoke with someone at work yesterday who often doesn’t take their allotted lunch break, because they feel they have to work through it or the work won’t get done. I pointed out that the company won’t feel grateful for her “sacrifice” and will absolutely find a way to adapt to the work getting done a little bit slower. That if you give up your physical needs and sacrifice your wellbeing to get the work done, they’ll just pile on more work to be done. That’s all. She wasn’t convinced. I work hard, too. But I take my allotted breaks and enjoy them. The company we work for sees us a “resources”, nothing more. We’re like sippy-drinks that they’ll stick a straw in, and suck as dry as they can, then toss out. The key is to have boundaries and understand the transaction of employment. Never make the mistake of thinking it’s some kind of relationship. It’s a transaction, just like the hundreds we do at the registers each day. Treat it as such, and work is much less stressful. That being said, this whole discussion only applies to those who’ve had employment that paid enough for retirement. The brutal truth of our economic system is: not everyone can have that. There is a whole broad swath of our society’s work that gets done by people who struggle simply to save anything, who work multiple jobs, who will never have more than SSI to “live” on after they physically no longer can perform the work they’ve labored at their whole lives. Retirement isn’t a “thing” for lots of hardworking people.
I started working in my trade when I was 19. Since day one I, had always hoped that my path would allow me to retire before 60 if I could work steady. In the last 2-1/2 years I lost a great friend to cancer at 53, my brother at 54, and now another very good friend is dealing with colon cancer. I just turned 59 and I'm in a great position and will retire sometime this year, hopefully at 59-1/2 with a nice pension and well funded annuity through my trade. I've had people ask me what I'm going to do and I tell them "don't worry, I have plenty of hobbies and things to do and more I want to do". The future is never guaranteed so you better live in the present.
I submitted my notice last Thursday at the age of 51. I've been watching your videos for quite a while now. I could totally see the body language and reactions to those that I told were mainly only interested in how the change impacted them. That's fine. I feel that going into this process with my eyes wide open has been very helpful. They asked me to stay on thorough the rest of the year, 'as a favor'. Probably not. Thanks Joe! I really appreciate your prospective.
If it's critical for your company to keep you on for the rest of the year as a favor, would it make sense to say yes in exchange for a 50% bump in temporary salary? You could explain that you have another (better) opportunity so unfortunately you must decline their offer otherwise. A better opportunity must not always be financial, it could be the opportunity to visit your children in Hawaii or hike the mountains with your dog or think about your next cool business opportunity doing auto work out of your garage.
I am six years from retirement and have been planning for four years. Having a plan and milestones you achieve every year makes the process less scary and more fun.
Another hard truth I accept: I’ve noticed in my last five years of working that wherever I work, what are somebody leaves to retire or to another job or if they were let go or whatever, people always blame them and talk them down after they leave. For whatever reason it makes people feel better. I’ve decided not to care. I know the work I did, the way I treated others, and the value I brought. I’m proud of my work ethic and my results, and that’s good enough because I’m the one who knows.
Well, this was spot on for me. I tell myself almost all of these things all the time. Afraid to retire. I’m 60 and I need to be healthier but work way too much.
I retired six months ago. I had very close relationships at work with clients and co-workers. None of them matter today. Fortunately, I was well prepared for that and had no anticipation otherwise. I’ve got lots of close friends and enjoy being away from work.
I haven't retired yet, but I did take a three-month sabbatical this summer and got to experience that feeling of relief. No obligations, no deadlines, no commitments beyond my family and the things that are important to me. I can't wait to retire! I'm currently on track to do that in 22 months.
Man, I needed this. I'm targeting Jan 2025 to pull the plug and those internal whispers of "One More Year" are getting louder and louder. Fingers crossed.
I was targeting the end of 2026, but events at work recently made me realize that I need to retire sooner. Now I am working towards the end of 2025. It feels like a weight has lifted with this decision.
Everything you said is true! My health started declining at age 45 & 2 1/2 years later at age 48, I was totally disabled & had to retire from my professional job. While I can barely leave the house now at age 54, I don’t miss working at all.
-------------------------------------------------------------
*_PLEASE STOP USING Spreadsheets!_** It falls way short optimizing every retirement factor*
Retirement Tool Link I reference and use and recommend -- Boldin (old name: New Retirement)
Free 2 week trial. $120/yr after. You will buy this after trying (I have purchased for 5 years ).
* NEW NAME: BOLDIN All my old links will continue to work for your free trial!*
www.newretirement.com/?nr_product=NRC&nr_a=35&nr_medium=affiliate&
--------------------------------------------------------------------
*Need a CFP to create your professional retirement plan for a one time fee?* My Recommendation: Neil Fortwendel (812) 471-2492. Neil created my plan. Plan updates as you wish for a smaller fee. Check Neil out on Facebook and LinkedIn. Average Cost: $4000
----------------------------------------------------------------------
*DO NOT GO IT ALONE!!!!!!!*
*Money Pickle - FREE! use link to set up a FREE 45 minute dialog with a Financial Advisor*
No obligation. Get answers to your questions. Get an expert to look at your plan.
moneypickle.com/joekuhn
---------------------------------------------------------------------
Most Popular VIDEOS
*Health Insurance before Medicare* th-cam.com/video/KPs4RXOOS64/w-d-xo.html
*You Cannot retire with these 4* th-cam.com/video/4qlCbfizoaI/w-d-xo.html
*2 shocking surprises in retirement * th-cam.com/video/pCDR29HztnQ/w-d-xo.html
*15 things you must let go to retire * th-cam.com/video/Hg0nvDeM1X4/w-d-xo.html
*My retirement budget* th-cam.com/video/A5PCt_43Ruo/w-d-xo.html
* 5 early retirement regrets* th-cam.com/video/9qCbvCF2Swk/w-d-xo.html
*this convinced me to retire* th-cam.com/video/cU6qG_xC5CU/w-d-xo.html
*Timing of Social Security* th-cam.com/video/UMH4UM3F3Ag/w-d-xo.html
*How I fill my buckets* th-cam.com/video/vKMGjb1Myv0/w-d-xo.html
*How I document my retirement plan* th-cam.com/video/aYmiXTmZAms/w-d-xo.html
*What I have learned from 300 retirement coaching clients: * th-cam.com/video/EqZutxRckUw/w-d-xo.htmlsi=dqz8JoLrcpfgjj9t
---------------------------------------------------------------------------
RECOMMENDED FINANCIAL ADVISOR - Assets under Management or one time plan creation
Neil Fortwendel with Northwestern Mutual ph: 812 471 2492
Video by Lean Driven Reliability LLC
This is not investment advice. For entertainment ONLY. Seek professional help to understand your unique situation.
#retirement #retirementplanning #retireearly #retireearlyandtravel #financialfreedom #financialindependence #retirementincome #retirementstrategy #findingpurpose #keto #ketodiet #ketovore #hiit #hiitworkout #healthylifestyle #howmuchcanIspend
Not always, but to do it correctly you need to understand tax rates, RMD's, and keep careful track of your expenses by category. In addition, you need to understand exactly what your social security payment is expected to be. And most importantly, you need to be very experienced with Excel to do it correctly. I don't think Google sheets has the ability to do this well.
@@teekay_1Crucially, you also need to understand life expectancy, asset return variances, and how to assess risk. If using a spreadsheet, you would need to know how to enable it for simulation, how to carry out the simulation, and how to assess the results.
I did this for myself. It exercises a lot of disciplines that nearly everyone won't be knowledgeable of because they were busy learning other things.
Thank you for your comments! I just retired and you have really helped me to acclimate to this new journey!
“The people you work with are NOT your friends”. VERY TRUE statement!!!!!
Totally agreed. A fact I had to learn over 20 yrs in the same company. But one has no other choice if he "loves" his job to call colleagues his friends? For me (44) I decided to distance myself a bit more from my job to focus also on the other parts of my personality. When I started doing so, I saw that my "colleague-friends" and me in fact do not have many things in common. Made me a bit sad. But helped me in some ways.
I completely disagree with this. As a veteran and retired firefighter some of my best friends were made. Maybe it depends on what occupation one works in. But this fact is not some anomaly.
@ It’s wonderful you made genuine friendships!! I however worked as a manager at the same restaurant for 21 years, announced my retiring, and moving…….and heard crickets (after 21 years working directly with about a dozen or so people) out of about 140 employees, it’s a large, 2-story restaurant. 🤷🏼♂️🤷🏼♂️🤷🏼♂️
@muddobber1621 I am quite sure you are right. I am from science and in there are a lot of carrerr-driven egoguys.
That old saying “you never see written on a tombstone, I wish I had spent more time at work” is true. Retire as soon as you possibly can.
BINGO.
Then eat CAT FOOD when you’re 75 years old.
@@Tryp-j9d…. Plan ahead
Define "work". We were made to work, people who do nothing but engage in pleasure all the time don't live very long.
Life is short, eternity never ends…….repent-trust Jesus
Your Employer is not your friend. Live Your life!
Correct and sometimes they are your nemesis
I announced my retirement, and my employer told me to do so, but also then said he would continue to pay my salary for 6 more years.
Some employers look after their employees.
also: colleagues are not your friends.. often they are proper cunts.
@TheHavocdog why would they pay you 6 years more for no work?
"indispensable at work", they won't remember you were there in two weeks.
If that.
Yep, I've seen senior people with 30 years experience leave, forgotten immediately.
@JohnnyBoy-h6zBINGO
😂😂😂😂😂
Yep. They wont remember. The hamster will keep running the wheel.
You mentioned something that reminded me of a work pet peeve - "We're a family."
Work is *not* your family. Work is work. Full stop.
Agreed. Whenever I go for an interview and they say we are family, I see that as a red flag. Most families, including my own, are toxic as hell and I don't want to spend the majority of my day in a toxic environment.
Yeah that's what it's like at my job. I come in do my job and don't care what happens when I'm not actually on the clock. I also outright refuse to socialize with any of my coworkers off the clock.
@@audrablue515 Great point, people want to heap all their efforts on their own families. But reality is that they will eventually drift off as well, in the best of cases. In the worst of cases, they'll abandon you.
They don't say that when they fire you.
@@audrablue515 my work "family" is actually pretty good and much more functional tan my actual family, but.... I still can't wait to retire.
The husband of my friend passed away. He had had a leading position at a certain successful company. The widow called the company one year later. The employee who took the phone had never even heard about her late husband who had been one of the pillars at the company before his death! That shows how quickly we will be forgotten after we retire or pass away.
Simple fact is most people are forgotten the moment they leave. People vastly overestimate their importance in things.
6 weeks after I am gone I am sure another dude will be sleeping in my bed next to my wife to help with the grieving
There’s so much turnover these days that the people who came before them don’t have any relevance to the new people coming and what they care about is their financial situation and their families- totally understandable. Work is just a means to an end, not family, not even close. I can count on one hand all the true friendships I’ve made at various jobs
If he was a suit, he probably never rubbed elbows with the little people, therefore nobody knows him besides the other suits.
Matters not your position from janitor to CEO if you drop dead today you will be replaced tomorrow and the organization will go on.
If you have colleagues that are fond of you, the may talk about you for a few weeks, think about you for a few months but we are all quickly forgotten after about 3 months!
We lost a guy 2 years ago, and we’re still looking for a replacement.
Don’t ever believe the boss when he says that you can be easy replaced.
@@orangesun3030I kind of agree with you in some sense, depending on your job. My new job involved training me for a very specific testing and data gathering. They would need a few months to find and train the next person, but alas, they still would find and train the next person.
@@orangesun3030 And yet they are surviving with that position open...
I recently retired at 60. I want to compare work with vacation. When I was working we would always vacation at the same lake. It was fun and I enjoyed it. Now that I am retired we have been exploring back roads and discovering many incredible lakes, far more beautiful than the one I had been vacationing at my whole life. Going to the old lake was comfortable and routine like work. Retiring is getting out of your routine and exploring new things. Odds are, you will find a better lake.
@@PaulSimon-b4b Great comment, I kept many back issues of the magazine Texas Highways. I am going to dig them out of attic and start visiting those places.
I had no idea how sleep deprived I was until retirement. My priorities are health and happiness. More exercise, sleep better, down 25lbs, eat better, read more, in art school, lower BP 🎉
Hell yeah! health is wealth!
go travel. LIVE AND USE EVERY SECOND!
Im 50....and all i do is look back and say....where did it go. Enjoy life!! Fuck work
With discipline you could have had all of those things during your working years.
You have absolutely nailed it. In particular the “nobody cares” part. I retired in July after almost 37 years and I’m 55. Like you had many jobs, loved the people. But boy oh boy, do I appreciate no longer working. I told my husband, if he looks over at me and I’m shaking my head, it’s because I am so filled with gratitude. Thanking God every day!
So encouraging to me. I am hoping to retire by next year if not sooner, it all depends on my nerves...lol
My husband died at 40, they filled his position in a second! I've been retired now for 7 years, all of your points are accurate!
Joe, everything you stated in your video was absolutely the truth. I’ve been retired two years and I am 63 years old. I put 39 years in to healthcare and was looking to do 45 but it got too stressful. I couldn’t take it any longer, and I took the plunge. I do not regret it ! I live life now and enjoy it!!!
Hah! I am also 63 and was released/downsized/fired at 61. I decided not to return to the workforce, therefore entered the "Retirement Zone". I do miss some of the challenges and identity associated with my work, and I get bored at times, but the stress is definitely way down.
Re: #3. I had a boss I admired retire. I said, I'll really miss you. He said, and I'll miss you- and we'll both get over it.
Loved this, when my retirement was announced, people started asking when my job would be posted right during the zoom call
Omg! 😢
hahahaaaa
Agree 100%. 25 year back office guy where I worked since company inception retired at 70. He knew every contract by heart, all the bugs in homegrown software, went through all the late nights and holidays with the owners as company struggled to grow. He knew the owners kids birthdays. Everyone said how are we going to survive without Rob (not real name)? Nice guy, well liked.
Left without a whisper. No congratulation email from the bosses, no party. By the following Monday he was forgotten and a younger replacement picked up his job in a week and not one bad thing happened. He got not one phone call on how to do something. No one cares like you think they do and you’re not nearly as important as you think you are.
100 percent! I love what I do too. I’m eligible to retire in 6 months at 52 years old. I’m going in 6 months. Everyone I work with keep asking if there is anything that would keep me working. Absolutely not. I put in my time and I can’t wait to relax.
Wow, great video Joe! This one really hit home, every reason was spot on.
I was in the trades for 42 yrs. I owned my own company for 31 yrs, sold it, stayed on for a few yrs as required, then left for good in May. Not 1 phone call from them, no emails, no hellos, no anything. And you know what…THANK God! I’m done and not ever looking back. We’re debt free 100% and no more stress!!!!!
I’ll be 60 in December and we just bought a small camper to travel around this beautiful country and Canada eventually.
Congratulations
@@joekuhnlovesretirement Thank You. You too!!
Best of futures!!
Very similar to my experience. After running one business for 31 years and another for 25 simultaneously health issues surfaced. It was kind if the frog in the water thing, pressures of life turned up slowly and I learned to deal with them in exchange for prosperity financially that i did not recognize the stress i was under. Almost exactly one year ago i closed the doors on my businesses and went to work as a employee. Only three or four phone calls have came in from clients I had for 30 years, and mostly they just wondered if I was for sure never coming back to provide my services to them? We bought the travel trailer last week, and I commented to my wife last night as we were walking how I had no idea how much less stressful it is to not be a sole proprietor. She still works her very stressful job, but one day, soon we may get to enjoy the finer simple things of life.....together.
“The cemetery is full of irreplaceable people!” Yes sir! When people tell me they love their job or I see it online, I say “don’t love it to death!” Why work into your 70s or later? Why say you will get bored in retirement? Tomorrow is not promised so you have to enjoy life while you can. Yes, you can go on vacations while you are still working but it’s not the same! You still have to ask your supervisor for time off and you still have a limit on how long you can vaca for.
They will post your job while you are still cold in the morgue! Great video! 👍🏾👏🏾
Wise
Gary Keller said it all with his parady liking work to a rubber ball and family, health, quality of life as balls made from glass.
You drop the tubber ball. It bounces back. The glass ones shatter when dropped.......
Since retirement I no longer dread the end of a holiday.
Look at Steve Jobs, an irreplaceable visionary, leader, and face of the company. Where is Apple now?
@ Apple is still a trillion dollar company or close to it.
Just stumbled across your video. I’m 56 and can retire and thinking “one more year”. Your comments are reinforcing my belief that it is time to go. Thank you for sharing this video. Great wisdom!
I was thinking the same thing as you before I retired. Then an old gentlemen at my church said, "Don't kill yourself to make another nickel..." Been retired for 5 years now with no change in standard of living, but significant improvement in my physical, mental health, and family relationships. You will find other things that take up your time and you will eventually wonder how you ever had time to work. Good luck.
Just hurry up and retire, you'll love it.
@@macaccount4315 Go ahead and retire! It’s so wonderful!
@ 2 more months! And then I pull the chord 😊
So true for all of this Joe. I’ve been retired for over a year, and I can say I recognized all of the things as I went through my announcement, then my subsequent 4 months of still hanging around. First, people scramble to take your job, everyone switches gears and goes elsewhere for advice, etc. I had a major role in my organization and I could have left the day of my announcement and they would have easily figured out how to live without me!
We received an email that a coworker passed away. The next morning we all received another email telling people to return his belongings to his office because his family was there to pick them up. Your chair and pencil holder means more to people than you do. Even if you worked there for 20 years. Nobody cares; just do what inspires you and what your curious about. Thank you for the video.
That is true.
You just reminded me of a girl who self ended her self about three decades ago. She was 18 and hung her self in the family's garage. The next day her father was in the office demanding her last paycheck because his motorcycle loan payment was due in a couple of days. Yeah family can be such wonderful people.
@@Donkeyearsa That is absolutely horrible on many levels.
The fact that between the first email and the following email co-workers had pilfered all office equipment from his office shows a lot about humanity! 😢
What office doesn't own the chairs and the pencil cups that people use at the office? That's weird.
Been retired 1.5 years and it's amazing how quickly I stopped thinking about my job. I liked my job, but never LOVED it. Once I hit my number I gave 2 weeks notice and never looked back. Work sucks. Lol😊
Well done. Hit all the important points. Not retired yet, but hope to be in four months. Won't miss my work or coworkers, or work politics and drama. Already feeling the relief of leaving my 30 year career. Thanks.
After 31 years with one company and leaving 2 weeks ago, everything Joe says is TRUTH!! There are absolutely other journeys that we can all take in life that will satisfy our needs and desires. The world has much to offer and believing that your current job is the only thing is something I got caught up in. Thanks Joe for your insights and passion.
Congratulations
My friend, you look great for 60. Keep up the great work!
I retired one year ago and the advice provided in your videos helped with my decision. Months before retiring, a friend and I were simultaneously working through our emotional and financial analyses, and we often discussed your warnings about working "just one more year." It would have been easy to keep working, but it would not have been healthy. This past year in retirement has been wonderful and I am so grateful I did not spend it working! Although I could not afford to retire until 65, I am a healthy hiker, mountain biker and cyclist supporting my community by building and maintaining mountain trails and volunteering with local schools providing environmental education. Thank you for sharing your retirement wisdom Joe, it helped changed my life.
Thanks for your story
I am out in a year. Beginning my preparation effective January. Can't wait.
Joe, your #10 brought back a sad memory of our Chief Engineer Mr Meek who had open heart surgery. He was in his early 70’s, but wanted to come back to work intead of retiring so he could have health insurance for his wife who didn’t work…I kept telling my boss that I did not think he should be back at work, but he told me HR cleared him to work so we had to let him come back…Sometime later on a Sunday afternoon one of our radio stations was off the air, he came in to try and get it back on but had a heart attack and died right there in the control room…I’ll never forget that day…Rest in Peace Mr Meeks☮️🙏💟🙏✝️🙏
Thanks for this story
Medicare is for everyone over 62 in the us. No need to work for health insurance
Retired recently at 51. All of the points you make are true. Best decision ever. If anyone here is on the fence then my advice is: just do it!
If you were able to retire at age 51, you’re probably in much better financial shape than the majority of people. Many people just don’t have that option.
I’m 51. Do tell us how you did it. I’m listening!
@@frankenbeans6930 Actually it was pretty simple. I've always lived within my means. Never carried any credit card debt EVER. Purchased all of my cars with cash. All of the houses we lived in were fixer uppers which I then slowly remodeled on the budget. Always paid myself first with any extra cash going into the brokerage account. All of this was done on a pretty average salary while raising 2 kids. It is not rocket science. All you need is some self discipline and rejection of the mindless American consumerism. Highly recommend.
You're spot on with your 10 points. I had a career in HR. Unfortunately, having been in on many "you're getting laid off" meetings, what I learned was 1. Everyone is a Free Agent (It's a business, not a family), 2. Everyone needs a Plan B (totally agree that no one person is indispensable; Companies have Succession Plans for a reason).
best advice I got, take a bucket of water, scoop out a cup and the hole left behind is the hole you will leave when you move on from your job
Your comments are spot on, Joe. I’m a high school teacher and I’ve been unhappy in this career for years. I have a little less than 4 years until I can retire at 60. All the negative stereotypes of education pertain to this school. I am easily replaceable. The job is soul crushing. The second I walk out that door, I will forget all about them and they will forget about me.
Your story makes me feel bad and also makes me curious about the problems in education you allude to. Are these problems related to high school students that do not take their education seriously, or is this related to the career and management side of education? I only ask because my wife works at a private high school in the SF Bay area. She does not work as a teacher but she did get her teaching credentials.
I recommend she NOT teach middle nor high school. Get an elementary school job. I work at one with 90 percent Hispanic kids. They are mostly sweet kids. We have fewer problems. No tampons in boys’ bathroom or kids who identify as cats. The key is the kids and the principal! It’s tough, but when your wife interviews, have her find out somehow if the principal is an ego maniac. Most of mine have been; I’ve gotten lucky the past two years. I started late, but if your wife can get her PHD ( or masters…. but better with PHD) , she won’t have to work as many years because salary is based on time/ years AND degrees held. Good luck to her. It’s not always bad.
hang in there and thank you for being a high school teacher! it's getting hard to find good ones these days.
Another four years of "soul crushing" hell? I wouldn't last five minutes with the mouthy, unruly kids we have today. They'd be in the ER and I'd be in jail.
I get it @JRZ67 but that one child you got to will never ever forget you.
Good points. Early on I noticed when retired former co-workers came around to visit, it always had a similar "what is he doing here?" awkward feeling as when an 18 year old college freshman visits his old high school to see his friends. This was true even for the most respected formerly hardest working people - the ones who sacrificed everything for the job. I realized this early on and made a point of prioritizing my family instead. And you'd better believe I'm retiring the first day I'm eligible - six months to go!
Congratulations
I have worked in several different workplaces over the years and I make it a rule to never go back to visit a former workplace. If I see a former coworker at a store, or event, or on the street, yah...we visit, catch up, or have coffee but it's true: You can never go home again.
About Schmidt
As a 30yr old I really enjoy watching these videos to get the perspective and knowledge to better prepare for the future. My husband has a great job in finance and is part time remote which is nice. I’m pretty much a stay at home mom since I work from home and have a flexible schedule, which is perfect because I can watch and take care of our 1 year old which saves us a ton of money. We’re debt free and focused on investing so that he can retire early. It’s also kinda cool that you’re in Indiana cause we live in fishers. My husband is born and raised here, but I relocated from SoCal a few years ago, but absolutely love living here way more. Just wanted to drop a comment and show appreciation for your content and efforts. It’s nice to see those who put out genuine helpful videos because they enjoy it and not following the crowd by pushing out fear for clicks and views like the mainstream TH-camrs. So thank you✨
What’s the part time finance job? I’m retired military but don’t want a full time gig
Great insight Joe.
What helped me enter retirement at 62 from a job I loved was coming across this pearl of wisdom from Dr Suess ...
"Don't cry because it's over. Smile because it happened."
So totally true Joe when you said your job means less as you get older. There are more important things in life.
I worked two years longer than I should have. I could have spent more precious time with several people who were dear to me, whose time I didn't know was running out. My boss didn't even give me a retirement lunch, something I used to arrange for others when they retired there.
Same here
@@goingcrazee wow
Yep. Sounds familiar. Bet you’re glad you spend not a minute more in that job
Same here
Joe; Liked this video message, all very true. I retired 2 yrs ago from Engineering in the PertroChem industry at 60 years old and 38 years of experience. To support your views, when a co-worker died their job was typically posted before their funeral was held. Work will go on just fine, despite our belief that we, or anybody else, is irreplaceable.
Thanks for the great content.,
Mark, Baton Rouge, LA
I retired last December with a huge media project I had spearheaded for 18 months about 90% done. It was launched in March with a splash, and no surprise, the person who sat back and watched got all the credit for the work on the 5 pm news! I laughed, so happy I was out of the stress and collecting my monthly check. 😊
Well, you didn’t finish the project or launch the product, then left the company, so why would they give you the credit?
Bro you got paid for your job forget the status, you don't need it
So true. Love working on my health. Firing up old hobbies that i just didn't have time for while working. I got cut in the middle of a project. They are completing it this weekend. I was never in the mindset i am irreplaceable. I knew they would be fine. I always told my colleagues just die in your chair and see how fast they replace you. Loving this new journey. Have already reconnected with old family and friends that i have not seen in many years.
I’m 45 and your videos have made me reassess what I want for my life. I enjoy my profession and will happily spend the next 10-15 years getting financially ready to retire - but I now realise that being emotionally ready is just as important. Thank you for sharing your journey
Love the bluntness and honesty in this one. We are in fact all just numbers in the corporate machine. Save, invest and get out as fast as you can.
Very true about the stress you did not even know you carried when you were employed. The day after I quit, I woke up with a sense of freedom that I had never experienced before, even on vacations. I felt I had this new freedom to do whatever I wanted to do with my time. Felt like a weight was removed off my shoulders. It was beautiful, still is.
Yes, I didn't realize the level of stress I was under until it stopped with retirement. It's a wonderful new mindset. 🙂
I definitely felt a large amount of stress removed after I retired. I knew I had some stress from work but didn't know how great it was until it was gone.
Dude, youre an easy person to listen to. Thanks for the work on this channel.
Thanks for listening
I agree with you, Joe. Life has so much to offer. Get out there and live your life.
Yep. Definitely tough love issues here. I'm 68 years old... still working as an IT Manager with all the stress and drama that comes with the job. I'm convinced now more than every... the clock is ticking. Will watch this again and again. I believed so many of those myths and it's time for a new challenge.
Thanks for sharing!
I'm a 62 year old IT Manager thinking of working 5 more years but struggling to feel motivated. Had kids a little older than most... youngest is 19 and in her second year of college. Was between jobs briefly and COBRA was expensive... not sure how people afford it.
This video just sealed the deal for me now. I was waffling back and a lot of these points were the only reasons for staying.
At 17.5 years in the military I hear you loud and clear. I am dedicating my last 3 to me more than ever.
Thank you for your Service, but I never met a single person who Fully Retired after 20 years (myself included). 14 years after my USN Retirement and still punching in and out. God Speed !
@@jayp4114 I agree. Just say I have been very blessed with my investment choices and will start a business that produces passive income. I am not working for anyone ever again where I chase an eval.
@@jayp4114 I will do something, but have placed an incredible amount in BTC and other mutual funds. My future is good. It is up to me to mess it up. Thank you.
This is the first truly helpful video on the decision to retire that I’ve watched. Thank you. I’m 47 and have reached all of my financial retirement goals, but I’ve been hanging on to work using many of these excuses, but they’ve started to wear pretty thin lately. 50 was always the goal or when the kids were no longer eligible to be on my benefits, but now you’ve got me thinking “why not right now?”
Glad it was helpful!
If you wait 3 more years, you might have a bit more money, but that is 3 years lost that you could have started a more interesting life. After the 3 years are up you’ll either realize it was the best thing to retire at 47 or you’ll regret you lost 3 years of curiosity and adventure by sticking around.
I'm about the same age, but in my case, the financial target for retirement is somewhere around 60. Being in Australia, healthcare costs are not a major issue, but housing costs are. Technically, I could retire at 55 and access my defined benefit pension, but it would only cover about half of my cost of living in retirement.
I was ready to retire at the end of 2022 at age 52 but convinced myself to go another year as our company was building a new facility and I wanted to help and see this happen.
In August of '23, a dear friend was diagnosed with stage 4 prostate cancer at age 58. This was enough for me to decide to retire at the end of 2023.
A few months into my retirement, I lost 3 friends...age 50 (liver failure), 53 (stroke), and 56 (heart attack). Reality life is short.
Now 9 months into retirement, I've lost 32 lbs, eating a healthy diet, exercising 60-90 minutes per day and feeling amazing.
If and when you are ready to retire, do it!
Great story. Congratulations
Thanks for sharing. I can relate.
No, life is short for those who have poor nutrition, don't exercise, and/or drink. To die of liver failure, stroke, or heart attack in your 50s in not normal.
Had a co-worker retire after 26 years of work. He wanted to stay but health issues made him leave. They collected money to get him a gift but they got lazy and just gave him an envelope filled with the cash as though he was some homeless person. After the good bye gathering he left the building but forgot something. When he tried to get back inside the building they had already deactivated his key pass.
😂
@@stanleymcvay9283 It's so horrible it's funny. Would make a good script for a movie!
My husband "retired" b/c of a layoff & it has been the BEST thing for him. Lack of stress has been life-changing.
@@kimnelson2488 and could he do that if he was single?
I was laid off my job at 62 when the company closed. I sat at home for 4 months, kept busy, but decided that a) I needed insurance and b) more money in savings. Now two years later, am glad that I went back to work. My plan is to retire at 65 with Medicare insurance and work part time, maybe 4 days a month to cover the bills. I work in the health care field so I feel personal satisfaction helping those in need.
Good job
Healthcare is the most mismanaged business I have ever seen. I've been around the 800 largest companies in the world over a 30 year career. I went to a hospital system to have a "final" stint of 7-8 years. I've never seen such lack of business savvy. I went and asked a few others in my network what they saw, telling them what I was seeing, in a complete lack of strategy and competence. From three of the largest in the nation they all repeated back the same.... "Yep". That place treated me worse than any business I'd interfaced with and it's endemic to the entirety of the vertical. They all have god syndromes and feel they know more because of their "Doctor" titles. I disagree, they are to blame for much of the issue in healthcare delivery due to lack of business understanding.
Very smart and you are helping others! So it’s not like you are mistaking them for your family.
Excellent presentation, hits many nails on the head!6 months retired, just turning 60,loved my job but loving all I can do in retirement even more!
My God, every single thing you mentioned in this video (that I personally can relate to anyhow) is 100% BANG ON. This is a great video and a very interesting topic. I've been retired two years now and LOVE it. One thing I've noticed is that I can look back on my working years and see things now that I didn't see then. It's funny how in retrospect or hindsight things become a bit more clear. That being said, I have no idea why anyone would want to work longer than they have to. I worked in a manufacturing plant the last 25 years of my working life, and it was not an easy job (but it WAS a good company and we were treated well and fair) and it got difficult to continue doing it as I got older. I'm not necessarily talking about brutal physical labor, but once you hit your fifties and sixties - and sixty five, which is when I retired, you realize that, hey, you're not 30 anymore. Couple that with no less than NINE people, all men, that worked with us died (all but one suddenly) without even sniffing retirement or social security or their 401k that they worked so long and so hard for. To be honest, most of the people I worked with all wanted to leave at 62, but the caveat is that health insurance, so medicare is imperative. Buying it on your own is way too expensive, or it was for me and most of us at work. Thanks for this video. Very insightful.
Great thinking
Joe, on point again. I recently retired, and the weight I did not know I had was put down. I have better focus on friends, family, travel, exercise and self care.
I retired just over two years ago and it really hit me a couple of months into retirement just how much stress I had been under at work. It felt like a ton of worry had been lifted off my shoulders!
You speak the truth. I'm still working. I have 2 friends that I worked with that retired that I keep in touch with. It's rare...most people you work with aren't your friends. Just nice people you work with. One thing I'd add - when you talk to someone who retired, nobody cares AT ALL about what projects they worked on, what great things they think they did. The only thing that will come up is - were they a good guy? Your family and actual friends will remember you for who you are, not what material things you did.
Great points. First thing you said is true... you need to be brave and turn the page. Retirement was not easy for me to transition to at first but so glad I did. Healthcare with ACA is not expensive, if more people knew about how it works, more people would probably be retired early. And my former employer is doing just fine without me
I always watch and enjoy your videos and I have to say this is one of your best and it is especially timely for me. I am 61 and have a date in mind to retire, but now that it is getting closer, I am getting some second thoughts. Your video helped me focus on why I was planning to retire in the first place. Looking forward to the next act.
Its nice to hear someone say this outloud. I have 2.5 years left. I am 57.5. Everyone asks "what will you do?" Whatever I want!!!
Thanks for doing this, I just retired at 59, everything you said is true!
I retired at full retirement age of 66 at the time and I actually liked my job. I’m still am Facebook friends with some coworkers and run into each at bike events. The thing I miss the most are the office dogs, yes we had dogs that employees could bring if they were well behaved. I feel lucky I worked for a good company that treated me well. Good luck!
Someone once told me “leaving the company would be like pulling your thumb out of a bucket of water. The void will be easily filled.” Your list is spot on and hopefully will help those in the “just one more year” mentality. I’ll add that the new found feeling of true freedom was an unexpected source of joyful happiness. Retired 5 years ago at age 52.
Good to see somebody gets it. I retired before most of my friends. I have been fully retired for about 2 years. I retired at 59. You are absolutely right on every single point. I don’t even think about work anymore. I lost 15 pounds and have kept it off. My blood pressure is back to normal. My friends and family love the new me. They say I am so relaxed and happy instead of tired and irritable. I go to the gym 4 days a week to do treadmill and weights. I read books for pleasure, not for work. I practice guitar as much as I want whenever I want. I avoid obligations, commitments, and schedules. If after recently retiring you get bored and want to return to work, you obviously didn’t plan psychologically for retirement. Give yourself a slap. You have to have a plan of what you’re going to do in retirement. Also, when you retire, there’s a lineup of people who want you to volunteer for anything and everything. Don’t feel you need to volunteer to give yourself a sense of purpose. What a crock. My wife and I are about to go on our 4th cruise since retiring. I go on long motorcycle trips in the summer. To close, I don’t miss work at all and rarely think about it. Retirement is better than anyone said it would be. My challenge now is to stay healthy long enough to enjoy eventual grandchildren.🎉
I agree with all the myths. When the family relies on my paycheck, it holds me from retiring until I'm 65. Kids are grown... husband has a better job... and I'm looking forward to volunteer more and find what I can do in that 40 hour work week. I believe my team will succeed without me. Newbies with new ideas and ways to work through issues in an ever changing world should be welcomed. I just need to let go. Thank you for the video.
Recently retired at 45. Worked about 22 years. Started coasting after about 15 for the usual reasons. Decided to end it early. No regrets. Can't imagine ever going back to the insanity of a 9 to 5.
Joe is right-once you announce your retirement, the office dynamics shift. I retired three months ago at 65, and I’m really glad I did. I have plenty of activities to keep me busy during the day. I also deal with chronic tinnitus, which worsens with stress. Now that I've eliminated the daily work-related stress, my tinnitus has become much more manageable.
Tomorrow is 40 years of work for me, 11 jobs. Long hours, stress, no peace of mind. I'll be 64 soon and retiring in early 2025. I've really changed a lot over the years and life has molded me into a confident, tough, resilient person.
Congratulations
Congratulations
Enjoy your retirement! I like your comment, working hard does help us to become better and stronger. I don't plan to stop when I "retire".
Also 63 and also retiring in early 2025. Congrats and best wishes to you!!
When I was a young boy, all of the grownups used to ask me what I wanted to be when I grew up. Looking back over my life, the answer I should have given is “Retired!”
👍🏻 brilliant
I learned the point about friends while I was still working. For twenty years I had a job that required lots of travel in teams and long hours. So, you'd spend much more than the usual 9-5 together, in airports, in cars, in hotels or having dinner or going on outings on the road. It was really easy to feel like you were close friends when you worked that closely. But I'd always be baffled when someone I considered a friend left the company and I'd do my best to keep in touch and it was like pulling teeth. The connection often withered pretty quickly. (Sometimes it would happen if they just went to work in a different department!) Then I wised up. Colleagues are not friends. They just aren't. I'm approaching my third month of retirement (at age 57) and I'm loving it. My only regret is that I didn't save more aggressively throughout my career, so I could have done it even earlier.
I'm also 60 and do find satisfaction and challenge in my job, which is highly unique (classified hypersonic flight research). As much as I love the science and importance of what we do, I am out the door as soon as we sell a rental and pay off our mortgage...planning for next spring. From what you reference regarding giving notice and the "weirdness that ensues"...I may only notify my manager and just STFU with colleagues. No forced pleasantries, no feigned interest in my plans, just pack and GO.
Very true about the corporate game. Everyone is replaceable and just a cog in the wheel. Once you announce you're leaving, you're officially out and all the nice words and hugs, will be quickly forgotten as life goes on for everyone.
I decided to pull the trigger and retire as i wanted to get back time to explore what's next. Time is flying by and if anyone can afford to retire, don't wait...
Perfect timing on this video showing up in my feed. A. I hate my job--I just do it because I have to pay the bills and I'm almost 20 years in with a small retirement when I leave. B. People at work are NOT your friends, for sure! (I work from home since 2006 and started telling myself that people I work with are NOT my friends, and started treating them as just colleagues pretty soon on). C. My family has a history of untimely passing (65, 69, 71) so I'm aiming to retire at 63. (The stats don't look good on longevity). Thanks for this video. Great!
Great video. You are awesome. Very honest. This is a video everyone's ego needs to see. And to help be challenged by the journey of retirement!
Thank you for the video and the pespective you bring being 6 years into your retirement!!
I'm 29 years old and have been working since I was 18. I've charted my career such that I will shut it down when I'm 38. Then finally i'll start living my life.
I resonate with the message that we are MORE than our jobs and careers. It bothers me a lot when friends and family question why I'm rushing retirement, asking things like "What will you do?"
So much to think about here. "I love my job" is just a lie to myself...I wouldn't do it if they didn't pay me.
@@seriousfaith that’s a great question for anyone thinking about retiring.
Been there, and found myself coming in and not getting paid.
Retired but seems you just changed jobs.
Hi! TH-cam must know I'm thinking about retirement about 5 or less years out because much of my feed shows me videos like yours 😊. I appreciate your tips and sage advice.
Joe - LOVED this post, as it mirrors my experience as well (retired two years ago). Keep up the great work! (But don't get stessed about it!) 😉
Thank you for a great list of compelling reasons to retire, the best I’ve heard. Great to have a straight shooter taking it like it is!
I just stared transferring everything to Boldin. I look forward to the comprehensive view of the entire retirement picture. I have wanted a one stop shop for it for some time now. Thanks Joe.
Great points and all true. I would just like to add one thought. After 38 years with the same company, doing a job I loved, lived and breathed, I am happily walking away (next week). I am making the retirement leap. But my wife is terrified. She does not like change. We will be fine. I share the whole journey with her. Your points are all valid but it’s not just me. Its us. It was my wife who wanted me to do ‘just one more year’. Then it would be ‘just round it off to 40 years’ 😁. But now the time is right. Thanks for a great video.
This subject, the concern of wives, would probably merit it's own vlog. Yes, we have major concerns...is this guy going to be underfoot all day?, is he going to mess up my outings w/ my girlfriends?, is he going to expect that I cook more meals for him?...Yep, we have our concerns. Just being real here.
@@penelope5500Yes Joe should feature a video with his wife. We are always only getting HIS side of the story.😊
@@penelope5500yes, you make excellent points/concerns. My boss worked until the day he died because his wife didn’t want her life to change.
I am ready to start retirement now at 59 and I believe we would be financially fine, but my wife is scared as well. How do I convince her it’s time and we are financially secure?
@@mnb3566 Well, you're going to need to get her to sit down w/ you & go over the numbers. Make your case. She has a point, 59 is pretty young for retirement (6 yr's out from Medicare) so you need to prove yourself.
Nice vid. Retired (semi) at 55. Coming up on the best 5 years since making the decision. Renewed health and relationships with family and friends. Made a move across the pond. Building a successful brewery and loving it! One bit of advice, have a plan to keep you "busy", and ideally augment income if you can to defer drawdown on retirement assets. Other than that, don't delay and get on with real living! 😎🍻
I'm a few years away from a planned retirement, and i am using this time to plan the next phase of life. Work will never end, goals are never-ending, there's always another year. Work is less important as i realize there is life after a career. I am also working to optimize my health. I see retirement as another inevitable phase in life.
Everything you say here is true! I spoke with someone at work yesterday who often doesn’t take their allotted lunch break, because they feel they have to work through it or the work won’t get done. I pointed out that the company won’t feel grateful for her “sacrifice” and will absolutely find a way to adapt to the work getting done a little bit slower. That if you give up your physical needs and sacrifice your wellbeing to get the work done, they’ll just pile on more work to be done. That’s all. She wasn’t convinced. I work hard, too. But I take my allotted breaks and enjoy them. The company we work for sees us a “resources”, nothing more. We’re like sippy-drinks that they’ll stick a straw in, and suck as dry as they can, then toss out. The key is to have boundaries and understand the transaction of employment. Never make the mistake of thinking it’s some kind of relationship. It’s a transaction, just like the hundreds we do at the registers each day. Treat it as such, and work is much less stressful.
That being said, this whole discussion only applies to those who’ve had employment that paid enough for retirement. The brutal truth of our economic system is: not everyone can have that. There is a whole broad swath of our society’s work that gets done by people who struggle simply to save anything, who work multiple jobs, who will never have more than SSI to “live” on after they physically no longer can perform the work they’ve labored at their whole lives. Retirement isn’t a “thing” for lots of hardworking people.
“The graveyards are full of indispensable men” is a quote by Charles de Gaulle, the former president of France.
Totally agreed that people don’t care so retire as soon as you can.
One of your best vids. Really hit home.
I started working in my trade when I was 19. Since day one I, had always hoped that my path would allow me to retire before 60 if I could work steady. In the last 2-1/2 years I lost a great friend to cancer at 53, my brother at 54, and now another very good friend is dealing with colon cancer. I just turned 59 and I'm in a great position and will retire sometime this year, hopefully at 59-1/2 with a nice pension and well funded annuity through my trade. I've had people ask me what I'm going to do and I tell them "don't worry, I have plenty of hobbies and things to do and more I want to do". The future is never guaranteed so you better live in the present.
I submitted my notice last Thursday at the age of 51. I've been watching your videos for quite a while now. I could totally see the body language and reactions to those that I told were mainly only interested in how the change impacted them. That's fine. I feel that going into this process with my eyes wide open has been very helpful. They asked me to stay on thorough the rest of the year, 'as a favor'. Probably not. Thanks Joe! I really appreciate your prospective.
If it's critical for your company to keep you on for the rest of the year as a favor, would it make sense to say yes in exchange for a 50% bump in temporary salary? You could explain that you have another (better) opportunity so unfortunately you must decline their offer otherwise. A better opportunity must not always be financial, it could be the opportunity to visit your children in Hawaii or hike the mountains with your dog or think about your next cool business opportunity doing auto work out of your garage.
I am six years from retirement and have been planning for four years. Having a plan and milestones you achieve every year makes the process less scary and more fun.
Another hard truth I accept: I’ve noticed in my last five years of working that wherever I work, what are somebody leaves to retire or to another job or if they were let go or whatever, people always blame them and talk them down after they leave. For whatever reason it makes people feel better. I’ve decided not to care. I know the work I did, the way I treated others, and the value I brought. I’m proud of my work ethic and my results, and that’s good enough because I’m the one who knows.
You get to blame everything that goes wrong on whomever was the last to leave well after they're gone
Work got so much better for me when I realized the people I work with are not my friends…they are colleagues. That distinction is important.
Well, this was spot on for me. I tell myself almost all of these things all the time. Afraid to retire. I’m 60 and I need to be healthier but work way too much.
Ugh I did the same mental game, went to 30 years for round number. could have left earlier, wasted some years. Keep preaching Joe.
I retired six months ago. I had very close relationships at work with clients and co-workers. None of them matter today. Fortunately, I was well prepared for that and had no anticipation otherwise. I’ve got lots of close friends and enjoy being away from work.
I haven't retired yet, but I did take a three-month sabbatical this summer and got to experience that feeling of relief. No obligations, no deadlines, no commitments beyond my family and the things that are important to me. I can't wait to retire! I'm currently on track to do that in 22 months.
Man, I needed this. I'm targeting Jan 2025 to pull the plug and those internal whispers of "One More Year" are getting louder and louder. Fingers crossed.
I’m retiring end of 2025 and I’m already hearing it lol.
No regrets
I was targeting the end of 2026, but events at work recently made me realize that I need to retire sooner. Now I am working towards the end of 2025. It feels like a weight has lifted with this decision.
Me too. Jan 25 and let's see if I can strike a deal to leave!
Make it Jan 24, you might not get to 25. In fact make it now.
Thank you for this!! Spot on!! I needed to hear it!!!
Everything you said is true! My health started declining at age 45 & 2 1/2 years later at age 48, I was totally disabled & had to retire from my professional job. While I can barely leave the house now at age 54, I don’t miss working at all.