More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Annette Christine Conte is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
I got layed off at 59yrs old after working at the company for 28yrs. Ageism is very real in the corporate world. I will not work in the corporate cesspool ever again.
@floydestelle6242 i would think so. I mean if you work 20 years on good income, you should be in a situation where you don't struggle if you lose your job. Unless of course something else happened
It sounds like you boys are underworked and overpaid. A few gray hairs spell your downfall. Get a real Job. I am 51 years old and my own boss called me back to work after I quit over a pay dispute. I am a CNC Machinist. I am in demand because the generation behind me doesn't want to do a physical labor job. And neither do you
@@laurijohnson7754 Thank you so much. I appreciate you. I keep trying to find ways of making a living and will share with you all. Thank you for your support 🙏🙂
@ my husband got a job opportunity in West Virginia making 6 figures. He was working for Bombardier. He was sure he was getting laid off so he took the chance. After the other company moving us and paying for a place to stay he got let go after 6 months! But we were fortunate to have our old house paid off, no debts, and a six month emergency fund. We moved back to AZ and for three years he worked at a local hardware store. He eventually got hired back with Bombardier as a contract worker with less pay and no guarantee of permanent work. He is now retired. The struggle is real
Been there and done that. Got laid off in what the company said was a downsizing but at age 58 I knew my age was a factor. The good part was the company didn't let me go with an empty pocket. I looked hard for work for six months and finally landed a job and worked five more years until retirement .I have now been retired for eleven years and working part time on my own schedule. If I had any suggestion I'd just say don't lose faith in yourself and never ever give up. Take care everyone and have a great Holiday Season.
My employer suffered a devastating loss and closed down so yesterday was my last day and retirement has begun! I have been offered the possibility of a couple jobs but i feel like this will be my only chance to retire and enjoy life. I have so many things that need my attention but was always too tired to do anything but just maintain. Granted I wont have as much extra money now but i will have 'time' and that is what matters to me now (I am 65.).
Enjoy your life - and even if the unplanned retirement happened, take full advantage of it because we never know how long we have. Sixty five is the time to go. I did. Most of my old coworkers want to retire at 62 but healthcare is the big caveat. We have to have that and Medicare doesn't start until sixty five, obviously. I have no idea why people want to work past retirement age (unless, obviously, they love their job or need the extra money I guess). I have seen no less than 8 coworkers pass away before even sniffing social security the past ten or so years - after working HARD and LONG hours their whole lives, only to never even get to retire. ALL had plans for after retirement; two died after very brief illnesses and six died VERY suddenly - one even at work. That is the reason I didn't work until my FRA - which would have been sixty six and a half. I know people (my brother is one of them) who work a physical job, in their sixties, and still want to work to FRA to get an extra measly $150 a month in social security. I've tried to talk him out of it as he's not the healthiest person, but all he sees is that extra few dollars, which IRONICALLY, he doesn't need. There's no changing his mind though. Not me. I LOVE being retired. Best of luck to you!
@@lynnec5395 Sorry for your employer’s misfortune and for your unplanned job loss but yes if you’re able, it’ll be a great time to slow down and enjoy life. Money is not the important thing. If you can, enjoy this moment. 🙏🙂
@@dyates6380 Thank you so much for sharing this. I appreciate it and I believe many of our viewers do as well. The comment section is where we get to share and learn. Much respect. Cheers 🙏🙂
If I may suggest: Take six months off, attend to the things that need your attention, focus on losing weight if need be and your overall health. Once this is accomplished, consider going back to work. Most people our age (I am 68) have not prioritized our health because of the demands of work. God bless
@@loriflarson4236 Thank you so much. I appreciate you actually watching a couple videos. And thank you for subscribing and supporting my channel growth 🙏🙂
Martin, YOU are a HALF FULL Kind of Guy that Appreciates Life and is a REAL INSPIRATION to Others (Especially Your Viewers). Gratitude attracts ALL Kinds of Opportunities...Many of which we never imagined. I sincerely appreciate Your Courage, Honesty and Determination to Create a New and Profitable SECOND CHAPTER in Your Life. Warmest Wishes, Kelly😀
Martin, I enjoyed your video and your views on early or "forced" retirement. I retired from full employment at 64, but kept working a part-time job. I was very fortunate to have earned a small pension in addition to Social Security here in the US. Rising food, housing, and medical costs have had a tremendous impact on many seniors here. Many are forced ( or persuaded) to sign up for Medicare Advantage plans, which simply deny many claims. Keep up the good work on the videos, and good luck.
@@NJGuy5981 Thank you so much for your support and kind words. I have other videos planned that I will be releasing shortly including writing and publishing novels and short stories (which I have done) I’m happy to hear you are doing well. Thank so much for commenting and sharing ideas and your story. Cheers my friend 😃🙏
I remember how tough it was when my Dad got laid off his job in the mid 1980s after working at the same factory for 30 years . He was only 58 and the company offered no pension or severance pay . He eventually got a janitorial job and retired at 62 . You’re absolutely right about the lack of loyalty from Corporate jobs and a lot of employers just see you as a number . Great points !
Solution….get in shape, take ANY job..waiting tables…does not matter what. Hit the gym hard, diet down and like I said get in shape. Early retirement is a death sentence. Being laid off sucks, but sitting around won’t make it better so get your hustle on right now…today! I took a job whitening teeth at a mall. I refused to do nothing and simply except things as they were.
Hello my friend. Thank you so much. I so appreciate you. I hope you come back and share with us and this new found community. May God Bless You and your Family. 🙏🙂
Martin just want to mention I been doing uber rides for the last 4 Years I located in Vancouver working Monday to Friday 6 am to 1 pm half hour brake in between my average is 170 to 200 dollars daily if you want more info I be more than happy to give you some advice Cheers 🍻
When you go to work for Corporate America, it is actually not a question of IF you are gonna get screwed. The real question is WHEN.... you are gonna get screwed.
I remember when I was 40, I am 68 and semi retired, I do 2 nights truck Driving a week. I try and keep fit by walking and some times going to the Gym. I drink bottled water as well. and gave up Alcohol to try and prolong my life. I am based in the UK, but I enjoy your take on trying to makes ends meet and how you deal with life in your 60s. I like your positive outlook and how your adapt to your situation. I try and keep off medication but I do take a Cod liver oil capsule and an iron capsule daily. look forward to your next Video Martin. all the best pal.
Great heartfelt discussions Martin. The auto kills a lot of people and that includes the trucking business. I have started a program at 60 to take this carcass out for a 12 km walk twice a week, working wonders. Far too many wealthy people in graveyards left a lot of time on the clock, materialism is toxic. It is a trait leftover from our hunter gatherer days to safeguard against lean times. I own no real estate though I have owned some in my past. Free stress less lifestyle is it for me. New sub here. VM
I am so happy to see you here Van Man 😃 Yes I agree. I would rather have experiences than a big house, cars, stuff and all the stress that comes with it. Being single would make things less complicated but as I am married I have a partner to consider. Thank you for commenting and sharing. Much appreciated 🙏😃
Hubby was l let go after 28 yrs at the same place. He had so many achievement awards, we had to buy additional shelving for them. Owner turned over the business to his young son. Thankfully, we always lived frugally but none the less, at 58 yo, he still needed to work. I had a small business so he jumped in and helped grow it even more. Also, we both work side jobs-he got his cdl and me retail. Its a card we didnt think would be dealt but made the best of it. btw, good video! People relate raw honesty ie the good, bad and ugly,
I've said for a long time that people need to put an early retirement first above everything else and try to get there when you're in your 40s or sooner. Relying on the labor market has become a very bad plan and it's only getting worse so get out of it asap. I'm already in my 50s and still working because I wasn't aggressive enough with my saving and investing.
Don't let those young people who leave bad comments bother you, Martin. They don't understand that the reasons why most older people work is not because they are riding some "gravy train" - it is because they need the money for retirement. Keep up the great videos!!
I retired at 57 and honestly, I wish I’d done it sooner. The 9-to-5 grind always steals your freedom for a paycheck that barely scratches the surface. My advice? If you’re in your late 30s or early 40s, start saving for FIRE now (Financial Independence, Retire Early.) And if you’re in your 50s, invest smartly and break free from relying on your job. Market trends, like the Trump Effect, have made millions for many, including me. Stay focused, stay consistent, and remember financial freedom is within reach if you make it a priority.
Working with Lorrie Greta Hillard , a financial advisor, was a game changer. She helped me refine my savings strategy, including retirement planning, and provided expert guidance on investments and budgeting to maximize my savings.
It is that bad here in the state. I was forced to retire early in 2019 at the age of 59. No reasons were given, I had been there 15 years, and my manager liked me. We got a set of new people "younger" workers. They got rid of the older HR department and the newer "younger workers" decided I need to go. I got severance and health insurance per the years I worked there. I was working on another job together with AARP. Then the pandemic hit and that fell through. So here I am soon to be 64, I have SS. My home is paid off and I don't have any expenses, I've always been good with my finances. I have no family, so that's a good thing. I've used temp agencies, but they seem to not want older workers. I talked to a friend that works with an agency, and he told me that most employers don't want older workers anymore. I guess they want to hire untrained much younger that don't really like to work much, from what I've read and heard. Let's see how all this goes for me, I really want to work. I need to get out and about in my 60s and just be around people my age. I might even volunteer at a senior center. I like photography and I'm good at it, so I've posted to some site that sell stock photography. I do not have the patients for Door Dash, lol.
@@tonycollazorappo Thank you for sharing. Yes it can be very difficult not necessarily financially but just emotionally etc. losing a career or long standing job. I signed up three weeks ago at a temp agency and even took additional training at my expense but have not been called to work. I called a few times to say I’m available but nothing. It’s funny because when I first went in to apply they got me to attend a new hire orientation with 7 other “young” men all from 3rd world countries. I certainly stood out 😆 the old white guy 👀 Oh well. I’ll keep doing deliveries over the winter I guess.
Yes I'm 46 and working on paying off some small debts and pay off my house. I am also contributing to my 401k, Roth and HSA accounts. I am planning as if I will not have SSI but if I do I will be doing extremely well even with a small one of like $1000. I also have a income property that will help. I plan to be ready for a forced early retire at 55. And have founds for that. Then Roth and I think at 59. Take ss at 62 if still active and can touch the HSA at 65 for non medical. I'm a natural home body so I want to plan on things to get me out of the house.
Getting out of the house and stay active is key.donating to a non profit is good. Also going to the library. You could baby sit for some one that has a need. Also if you have a computer and fast internet you could do virtual call center. It's contract work and can set your hours. Decent money. Also you could learn new skills for fun. Udemy is good. Wait for the specials and load up.
If you are in your 50ties in private industry you are expendable. My dad really helped me understand why he became a trades men. He said his family would never go hungry. He could always find side work. He also, helped me understand you need multiple income sources. I bought a dilapidated 2 unit in my 30's. While my friends were traveling buying new cars, I was spending money restoring that 2 unit. Now it produces 44 K a year in Gross income. Its paid for and worth 750K. When I got laid off at 56, That income made all the difference til I could rebound. When I cash in that 750K with what I have saved I will be set.
I was let go at the tender young age of 48, for chasing kitty whilst on the clock, and am now 55, been retired since then, and can chase kitty now anytime I want to, without some knuckle dragger kilin' my game. Life Is Good!
Good advice. Find your happiness. “Tis a gift to be simple, Tis a gift to be free “ as the old hymn goes. None of us are promised a tomorrow. See it all the time.
As a mid 30s guy, im living in a cheap window less basement and have foregone all hopes of a family, relationship, or home ownership. I'm trying to build a stronger financial future for myself as there is no guarantee I will even have a job until 65 so sacrificing my current is really the only way to do this while I still have this cheap basement. Think about all the jobs that will not exist because of AI and there are no fields to retrain into as AI and onshoring of cheaper labor pushes into all industries. My dad was also put into forced retirement at 60 because they put his entire department offshore and thankfully he paid off his mortgage but the monthly costs eat into his savings even with his pension. What a stressful time to be alive. Glad I came upon your videos to help prepare in advance.
We’ve all been there. It’s called paying your dues and you may not realize it now but you’re actually in a better position than people who have a lot less and a lot more.
@@juvawaveredlighttherapy The thing is paying my dues is now a permanent to keep surviving. I dont know whats happened to this country. Most of friends in their 30s are also now looking for room mates because they cant afford rent/ insurance / gas / and just whats needed to live a quality life that our parents had. The dating world is also trash if youre not willing to be seen as only a provider. So most of us will grow old and die alone. Im tired.
@@WizardHarry69 if you believe in Jesus, repeat this 10 times “Jesus, I surrender myself to you. Take care of everything” it’s called the surrender novena and it will work miracles in your life. First you thank Jesus for his blessings like having a roof over your head, keeping your family safe and healthy and then you ask him for what you need help with and he will deliver. 3 years ago I was living in my Car and I prayed to Jesus and told him thank you for this shelter and I trust you and whatever plan you have for me and 3 months later I was in a nice apartment and now I’m buying my first house next month so always count your blessings and always glorify God and he will never let your cup run empty. Kyrie Elesion!
Hello! I am enjoying your videos. I had an agism semi forced retirement this past June. I am taking a year to rest and reset. Then I will look for something new to try with fewer hours, but great healthcare..lol Keep up the tips!
@@wendysherbert3257 Hello my friend. Sorry for the delayed reply. I’m sorry to hear your forced retirement situation. Hopefully taking a year off will be very beneficial for you emotionally, physically, mentally and spiritually. Enjoy your morning coffee or tea. Watch the sun come up. And don’t forget to breathe and be in the moment. I hope you come back and visit often. Cheers. 🙏🙂
Hey I’m in Australia , I was pushed out of my engineering job at aged 50 , had to get retrained driving a bus ( public transport) , driving heavy vehicles is well paid in Australia and I don’t have any problems paying my bills , is driving buses well paid in Canada?
I was forced to retire early, because I worked in Healthcare and refused to get the Jab. i already had reitrement plans in place. It forced me to move my plans up a year early. In less than 3 months, I sold my house, moved into my van, and traveled across the country. I found my new home to buy and have been here since. Financially, it has been more of a challenge, but I wouldn't change a thing.
Wow well done to you for not being forced to take the jab. How absolutely disgraceful to force it on people. I bet you was glad you never took it after everything coming out about it. I never took it either.
I got laid off during COVID for refusing the Jab too at age 53 yrs old. . Got unemployment for about 6 months then went into being an Independent Caregiver. I don't do hands on, take only one 24 hour shift per week (though I will fill in) take jobs where I can charge my car while there and sleep in a private room for 9+ hrs each night w/wifi. I LOVE this job. My client has severe behavioral issues but that's okay. I'd be here all day if I explained the perks but my health is better, I brush my teeth 3-4x a day with tumeric so they're less stained. I bring my own food so juice vegetables. I love watching a direct tv movie every so often. It's perfect
@ Wonderful to hear you made a great comeback after your bad experience with Covid and your former employer. My daughter in law’s mom does caregivering too and stays the night like you. Thanks for sharing 🙏🙂
Keep plugging away. My situation is different but Thailand was my answer to being able to live the life I wanted and could afford. Anyway, I just subscribed and wishing you the best.
Thank you so much. I love your channel and watch a lot of your content. I continue to learn from you about Thailand especially Pattaya and I’m very much looking forward to coming there when able. Thank you so much for your support 🙏🙂 Martin
@@themartinblairproject Hi Martin....I'm a Canadian, but built a house in northern Thailand twenty years ago. Based on my thirty odd years of coming here, I cannot recommend living here enough. Although I have no pension from Canada, the lower cost of living in Chiang Rai is a big positive, and some rental properties and other part time "hobbies" make it easy to enjoy life here. No slush or snow either.
@@RobertBalcer I appreciate the information. I am hoping to make my way there next year for a visit and to get familiar with certain cities. Can't wait. It's so expensive here in Canada. Thanks for commenting. :)
Be grateful you're in Canada. In the USA you'd also be on the hook for healthcare. I retired at 63 1/2 & paid for my COBRA for 18 months before Medicare kicked in. $1100 a month back in 2020/21. I'd hate to see what that costs today. GL to you sir.
I retired 22 years ago at 45. I see you getting a $3 car wash, going out for coffee, buying drinking water and I think wow that guy must be a billionaire. I was a software engineer earning and spending a lot. But even then I would never buy cups of coffee, never in my life have gone to a car wash. It's not about the money. I just always saw those things as a waste. I blew a lot of money on really dumb things...just different things. And time was a factor too. The time needed to pick up water, get coffee, wash my car was "waste" to me. Next year planning to move to SE Asia and my spending will change entirely. Next adventure.
@@waterbug1135 Ha ha. The coffee (Latte) was on a gift card of $50 my son bought me for my 62nd birthday in October so I’ve been making it last. The bottled water is for my wife. She’s working so she pays for it not me lol And the $3.00 car wash was from a $5.00 tip I got last week when delivering a customer’s food order. Believe me, my car needed a good rinse. So see there’s always things that are different than they appear 😆 But having said that, I’d definitely love to move down to SE Asia sooner rather than later. In three years when I’m 65 I’ll get my full government old age security + and any savings I may have. Just need to convince the wife to sell our house 😝 Thanks for your support and sharing your thoughts.
My girlfriend is like that. Reality still hasn't hit her. She has health problems, social security from when her husband worked (he passed last year) and a small savings. She rented a two bedroom apartment that costs more than half her income. She buys things that I would never buy, getting her car detailed (I bring mine to the car wash and use the spray for cheaper). Then she says she needs to work. It's not so easy to economize when you are used to spending a champagne taste with a beer budget.
@@Patty747 I completely understand what you’re saying. Yes it’s hard when two people (a couple) can’t agree on important life decisions. Many divorces are probably caused by this. Thank you for sharing. 🙂🙏
I use 'zero water' filters. Look at what hard water does to your plumbing fixtures. What do you think it is doing to the inside of your body? Money well spent.
That’s such a defeatest statement, it takes a lot of hard work but it is possible to bring yourself out of poverty. Not so much if you’re late in life but if you start early enough you can definitely get ahead. I started out poor and now I am wealthy. That was with a huge setback in my early 40’s and I built back up again. It is possible but requires living well below your means and making moves to put yourself in a better position.
Not at all. Too many people live above their means. Also, most "poor" people I know have made some really bad life choices. I am just a regular guy, and have been just a regular, ordinary person my whole life, but I was smart with money and was always a good saver. I was BROKE at forty, and that was MY FAULT. Not some rich person's fault, MY fault for not being smart enough to start saving more money. I got it together and heavily invested (as much as legally allowed) into my company's 401k plan. It has nothing to do with "the rich getting richer and the poor getting poorer". That's nonsense. EVERY good and bad thing that happens to us in life mostly a direct result of our personal choices. If someone fails to prepare or makes stupid life choices that puts them in financial straits, whose fault is that? Of course there are exceptions, but not many. It's pretty much that simple.
@@dyates6380Having worked in social services for the last 30 years, I can honestly attest to the fact that some people are not given the same chances as others and are always going to be marginalized and poor. Not everyone, but some.
I was forced into retirement at 53 in 2020. The steel mill was ruthless to its management and shed many every slow cycle in the industry so I always had to live like every day was my last. When my time came I was debt free, so going into retirement earlier than planned wasn’t devastating. Luckily, the markets done well for my IRA except for 2022 so financially I’m doing fine and looking forward to social security at 62 and never having to work again. I never looked for work, figuring who’s going to want to hire an over fifty engineer and I don’t think a move at thais age would be financially beneficial.
Hi Martin, it’s good advice you are giving. You never rely on your job for retirement. But, picking a job that has a 401K plan and health benefits does help. I got laid off at 64 in mid 2019, I had worked there 9 years. I got control of my 401K ($92K) and rolled it over into my IRA. I bought 100% in Tesla stock in late 2019 with the money. I never sold any shares since. I don’t have a care in the world now in retirement. When I’m 73, I’ll just have to worry about paying taxes. Even after I die I bet I still pay some taxes. 😢
@@andrerodriguez7603 Thank you so much for your support and kind words. Yes it’s important to have a good attitude as well. When life gets tough we can’t give up. We just look for solutions and don’t be afraid to ask for advice. I appreciate you for sharing and commenting. Cheers 🙏🙂
@ that is so true. As we know things don’t always go as planned. I do have close friends and a brother I can rely on for help when the going gets rough. Thank you! Happy Holidays to you and your family.
Worked previously at Canada Post for 10 years and quit to start my own business. Struggled for a number of years and at the age of 69 got hired back at Canada Post. Got 3 days in before they went on strike!!!
I laid myself off in 2019 at age 53 as soon as I was eligible for my employer's pension. That's the 4th best decision I ever made (marrying my wife, enrolling at The University of Texas, getting out of the military are my top three decisions).
Im retired and deliver Uber food at my leisure. If the miles dont equal the money, I dont accept the orders. Luckily I live with a friend whom I pay a low rent to.
having a healthy lifestyle and going to the gym has helped me so much with putting up with my disability. The work world is totally backwards at the moment. Took me 8 months to find a job but I found one and its working out but i have a 2nd income as well
@@nbaballers2277 Absolutely. I train for Strongman competition but it’s more focused on strength rather than good health but it benefited me when I had Covid in 2021 and came close to pushing up daisies lol 😝 I’m happy to hear you’re doing well and have found work again. Thank you for sharing 🙏🙂
I was laid off and into early retirement. I received several awards 3 months priot to this event. The company was bought by investmant group. No need to go through that crap. I am grateful for this early retirement. It does work out and gets better each day.
worse ! you will be forced back to work in a yr r 2 due to exploding inflation n collapsing govs i could be wrong, but i hear this is happening to retires here in canada.
I guess we retired somewhat early, depending on different opinions. I retired at 64 and my husband at 62. We are lucky in the US in that we can get a reduced amount of Social Security at age 62. We also both had pensions and retired with fully paid health insurance. My dad was not so lucky. He owned a gas station business and they came thru with expanding the highway. The construction took years and people stopped coming by for gas. The franchise was taken away from him. He got sick and delayed going to the doctor, and passed away from colon cancer at age 57. I was only 22 when he passed and made sure my husband and I both had secure government jobs when we were in our 50s.
@@Patty747 Thank you for sharing. So sorry to hear about your father. Yes it seems you and your husband have made good decisions. Happy to hear you are doing well. 🙏🙂
59 now. No job since I got laid off. Right about after COVID starting from zero, I put any money I could make off grid into REITs and now ETF's and just kept reinvesting. I am clearing $2k now finally in dividends and planning to fly to Southeast Asia next year and retire as a expat. Single, so I can marry a local girl and start a business and own a house through her when social security kicks in on the second year. I don't think you need a million to retire on. Am doing it with $40k only.
@@zibomacadangdang108 That is so good that you invest and are doing well. I have some money invested currently in 16 dividend paying stocks and a lot are REITs too. I’m not bringing in as much as you but hopefully with all my little streams of income I’ll be okay. Awesome to hear you’re going to SE Asia. Maybe one day I’ll run into you there 🙏😃 Thank you for sharing 🙂
I got laid off from a company I worked at for 9 years. While I'm grateful for the opportunity they gave and the money I made, I sure aint excited to go back to the office!
@@tomgeorgestory I absolutely agree. Now that I’ve had no boss for six months I don’t know if I could go back to a “regular job” 😝 Thank you so much for sharing 🙏🙂
Retired at 55. Yup, we were sold on freedom 55, but reality is quite a bit different. I could not continue in my chosen career and truth is, it was a job for the younger man. I did find employment, but it was seasonal and not as lucrative as my career had been to that point. I was lucky to have some retirement savings and a good cash settlement from my previous job. A good financial adviser is a godsend here. We all think we're going to travel when we retire, but that was not the case. Health issues accrue and by the time I was 65, travel and continuing to work were out of the question. I watched a lot of friends work hard all their lives only to be taken down within a short period from their retirement. All that retirement cash you worked for is no help when you are gone. It takes quite a bit of luck and some strategic planning to make it through retirement.
@@rayfunk5659 Absolutely. Freedom 55 was sold to me in about 1986. I paid into it for over a year until I smartened up and got out of it. Yes there are so many variables. Who knows the future? No human lol Thank you for sharing and commenting. I appreciate you.
Im not retiring til 75. Taking my SS (If its still there) at 70, then banking that $ fir 4 ir so yrs so as to have a "nestegg" of $ for emergencies. Waiting til 75 (my min reqd age) to start taking RMDs outta my retirement plans... thats my plan. Good video!😊
If you take SS at 70, then technically you're retired at that age, and may work part-time. That's just how it is, you retire when you begin social security.
Live within the means and saved asmuch as one could and stay healthy are the most important. I have seen people wastng money on luxury things, vacation, hobbies, and supporting family.
Companies were never in the history of the world "loyal" to employees. It's not economically possible. It's a myth worker bees made up to rationalize staying at the same place for decades. I did hear some companies like Hewlett-Packard promising "no layoffs" when they were trying to hire. They're out of business now. I worked at 14 different tech startups. Shortest I ever worked at a company was 1 day. Skill set is important. Moving across the country for the best job is important. Living within means is important. Most people are delusional about their skill set and lifestyle spending. Ya can't tell people anything. Betting 99% of people watching this video are guys already retired. The dudes who could benefit aren't watching.
I retired in 2015 at age 56. Voluntarily walked from a six figure income. Haven’t looked back once. Nearly 66, but haven’t started social security yet. 0:23 As someone who is almost four years older than you, I strongly encourage you to do something about your state of physical fitness. You are the poster child for a widow making heart attack. Take that in the spirit intended.
Have you seen my other videos? I compete in Strongman and I’m actually Canada’s 3rd strongest Masters 50+ This includes cardio work. But I do need to drop more body fat as I’m most likely going to retire from competition soon. But thanks for the tip.
@@themartinblairprojectI’ve only seen your sad videos that have shown up in my feed. But good on you for the strength endeavors. Resistance training is good for us seniors…some say even more so than cardio.
@@BigBrother04 you couldn’t resist the urge to say this could you. Keep commenting though it helps the algorithm. Oh and by the way if you’re talking about that sound when I was driving that was my mic strapped to my seatbelt rubbing as I was driving and moving around. Not me breathing heavy. If you want to see me breathing heavy look at my competition videos 😆😂
@@Lastipiilihytti Thank you my friend for sharing your thoughts and commenting on my videos. I appreciate you. Sweden looks like such a wonderful and beautiful country. I’d love to visit. Is it relatively expensive? I hope all is well with you. Once an older person loses a job, is it hard for the to get rehired? Looking forward to hearing from you again 🙂🙏
@@karimbennett5651 Singing the same songs day after day week after week, move endlessly from city to city, seems like a very repetitive grind to me. The only plus is that they are paid good money for this grind.
What I have Noticed here in the USA via. Here. Y T. Is that Seniors at Work are being let go , wicked crooked places. Love to Save $$$$ and hire rookies to do your job for cheap 👎🏼👎🏼👎🏼👎🏼😎👍🏼🇺🇸🦅
Yes it appears to be happening all over. I see a lot of this on TH-cam also. Thank you for commenting and being a part of my little community. I appreciate you 🙏😃
I’m not retired. This video is directed to those who have been let go, laid off, forced to retire (because they can’t find work possibly) etc. Thanks for commenting.
You are such a positive person. It is nice to see in a time when people are so angry. Life here in Canada is so expensive, and I get the anger. Have you tried using a temp agency? I see people having success with them.
Thank you for the kind words. I am signed up with a temp agency but they haven’t called me and honestly don’t pay well and so currently I’m happy with doing some food delivery driving. If I can make $400-$500 a week doing that it’ll be fine. Thank you 🙏
Canadian unemployment rate is 6.8% and increasing and most new hires are government positions. This unemployment number doesn't include people who have given up looking for work or people working at lower skilled jobs than what they are qualified for. The real unemployment rate is probably 15%. Most new private sector jobs are part time service work. Excessive immigration has not helped the employment situation either. If we get those threatened 25% American tariffs in 2025 Canada will really be done. We have a serious situation on our hands and all Trudeau can come up with is a two month GST holiday and a $250 cheque (that doesn't include seniors). Meanwhile they are goosing the real estate market to try and get people into even more debt. We need an election NOW to get rid of those incompetent clowns in Ottawa and elect a government who can actually run the country properly.
Gave my previous employer 28 years and was forced out at 58....I took up trucking...it was the only industry that gave me a chance...3 years later n i love my job..will put in 2 more and call it a day...
You did good, I think because that's a good boost for your Social Security benefit. The last few years can be important just for that alone, plus being physically and mentally active.
Its about to get a lot worse for older workers soon. Seniors are also considered to be DEI hires by many of the top employing businesses. Now they will be free to lay off older workers with seniority so that they will not have to pay them a pension. And many companies that are hiring are looking for a younger work force with more education and less need for medical coverage.. The US will be just like the Philippines soon.... Once you reach a certain age, no one will hire you.... I retired at the age of 46, at age 52 my wife and I packed up, sold the house and moved to the Philippines for a few years... We will either move to Korea or back to the US for a few years depending on the housing market at the end of next year.... Not to confident in the US since corporate America is increasingly buying up single family properties and listing them as overpriced rentals...
WIll it use a step pay - does Canada have social security? America is like Full retirement SS benefit is age 67, or you can opt for 75% pay at the age of 62. Also opt for 80% pay at age 63 etc....
Because of health, i will have to take my Social Security in 2025 at 62. I live in the United States and will be working a low paying job in public transportation while i am collecting my SS. It was never my intention to retire and take SS before my full retirement age. I just have no choice and have to be wise. Thanks for sharing! 👍👍
So sorry to hear about your health issues. That’s so unfortunate. There is such a thing as a healthy life expectancy vs life expectancy. So many folks work all their lives only to become ill shortly before or after they retire. I truly wish you improved health and prosperity in your future. Thank you for sharing and commenting. I appreciate you 🙏🙂
What happened ?? You boomers had the highest wages in history and the lowest cost for housing. So where exactly did you fail ??? My generation have been paying into social security for 30 years and we won't even see a dime because of your generation.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.
Annette Christine Conte is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
I got layed off at 59yrs old after working at the company for 28yrs. Ageism is very real in the corporate world. I will not work in the corporate cesspool ever again.
Yup. Banks work really well.
Your income was the difference
@floydestelle6242 i would think so. I mean if you work 20 years on good income, you should be in a situation where you don't struggle if you lose your job. Unless of course something else happened
I hear you. It’s so difficult nowadays. Things have definitely changed.
It sounds like you boys are underworked and overpaid. A few gray hairs spell your downfall. Get a real Job. I am 51 years old and my own boss called me back to work after I quit over a pay dispute. I am a CNC Machinist. I am in demand because the generation behind me doesn't want to do a physical labor job. And neither do you
I'm 51 and making some plans for retirement recently. I needed to hear your message. Thank you and best of luck to you, sir.
Keep vlogging. I am happy to support someone who works hard and who is creative. Keep plugging away. We are here for you
@@laurijohnson7754 Thank you so much. I appreciate you. I keep trying to find ways of making a living and will share with you all. Thank you for your support 🙏🙂
@ my husband got a job opportunity in West Virginia making 6 figures. He was working for Bombardier. He was sure he was getting laid off so he took the chance. After the other company moving us and paying for a place to stay he got let go after 6 months! But we were fortunate to have our old house paid off, no debts, and a six month emergency fund. We moved back to AZ and for three years he worked at a local hardware store. He eventually got hired back with Bombardier as a contract worker with less pay and no guarantee of permanent work. He is now retired. The struggle is real
Been there and done that. Got laid off in what the company said was a downsizing but at age 58 I knew my age was a factor. The good part was the company didn't let me go with an empty pocket. I looked hard for work for six months and finally landed a job and worked five more years until retirement .I have now been retired for eleven years and working part time on my own schedule. If I had any suggestion I'd just say don't lose faith in yourself and never ever give up. Take care everyone and have a great Holiday Season.
@@bigbossman3806 Thank you for sharing this. Much appreciated 🙏🙂
✔️
My employer suffered a devastating loss and closed down so yesterday was my last day and retirement has begun! I have been offered the possibility of a couple jobs but i feel like this will be my only chance to retire and enjoy life. I have so many things that need my attention but was always too tired to do anything but just maintain. Granted I wont have as much extra money now but i will have 'time' and that is what matters to me now (I am 65.).
Enjoy your life - and even if the unplanned retirement happened, take full advantage of it because we never know how long we have. Sixty five is the time to go. I did. Most of my old coworkers want to retire at 62 but healthcare is the big caveat. We have to have that and Medicare doesn't start until sixty five, obviously. I have no idea why people want to work past retirement age (unless, obviously, they love their job or need the extra money I guess). I have seen no less than 8 coworkers pass away before even sniffing social security the past ten or so years - after working HARD and LONG hours their whole lives, only to never even get to retire. ALL had plans for after retirement; two died after very brief illnesses and six died VERY suddenly - one even at work. That is the reason I didn't work until my FRA - which would have been sixty six and a half. I know people (my brother is one of them) who work a physical job, in their sixties, and still want to work to FRA to get an extra measly $150 a month in social security. I've tried to talk him out of it as he's not the healthiest person, but all he sees is that extra few dollars, which IRONICALLY, he doesn't need. There's no changing his mind though. Not me. I LOVE being retired. Best of luck to you!
@@lynnec5395 Sorry for your employer’s misfortune and for your unplanned job loss but yes if you’re able, it’ll be a great time to slow down and enjoy life. Money is not the important thing. If you can, enjoy this moment. 🙏🙂
@@dyates6380 Thank you so much for sharing this. I appreciate it and I believe many of our viewers do as well. The comment section is where we get to share and learn. Much respect. Cheers 🙏🙂
Just be glad that you had a job till age 65
If I may suggest: Take six months off, attend to the things that need your attention, focus on losing weight if need be and your overall health. Once this is accomplished, consider going back to work. Most people our age (I am 68) have not prioritized our health because of the demands of work. God bless
I find your content, very interesting and informative. I’m 65 and can relate to everything you’re saying. Keep up the great work.
@@tombkk1322 Thank you 🙏 much appreciated.
Your videos kept popping up in my feed so I watched a couple of them. You seem like such a nice person so I subscribed.
@@loriflarson4236 Thank you so much. I appreciate you actually watching a couple videos. And thank you for subscribing and supporting my channel growth 🙏🙂
Martin, YOU are a HALF FULL Kind of Guy that Appreciates Life and is a REAL INSPIRATION to Others (Especially Your Viewers). Gratitude attracts ALL Kinds of Opportunities...Many of which we never imagined. I sincerely appreciate Your Courage, Honesty and Determination to Create a New and Profitable SECOND CHAPTER in Your Life.
Warmest Wishes, Kelly😀
Martin, I enjoyed your video and your views on early or "forced" retirement. I retired from full employment at 64, but kept working a part-time job. I was very fortunate to have earned a small pension in addition to Social Security here in the US. Rising food, housing, and medical costs have had a tremendous impact on many seniors here. Many are forced ( or persuaded) to sign up for Medicare Advantage plans, which simply deny many claims. Keep up the good work on the videos, and good luck.
@@NJGuy5981 Thank you so much for your support and kind words. I have other videos planned that I will be releasing shortly including writing and publishing novels and short stories (which I have done) I’m happy to hear you are doing well. Thank so much for commenting and sharing ideas and your story. Cheers my friend 😃🙏
I remember how tough it was when my Dad got laid off his job in the mid 1980s after working at the same factory for 30 years . He was only 58 and the company offered no pension or severance pay . He eventually got a janitorial job and retired at 62 . You’re absolutely right about the lack of loyalty from Corporate jobs and a lot of employers just see you as a number . Great points !
Thank you for your comments and for sharing your information about your Dad. Have a Blessed week :) Martin
Just retired out of the military at 45. Enjoying it. Haven't worked for 2 years.
@@brianbutler4969 That sounds blissful. Good for you. 😃
Man with a plan here.😊
Solution….get in shape, take ANY job..waiting tables…does not matter what. Hit the gym hard, diet down and like I said get in shape. Early retirement is a death sentence. Being laid off sucks, but sitting around won’t make it better so get your hustle on right now…today! I took a job whitening teeth at a mall. I refused to do nothing and simply except things as they were.
oh bull my dad died at 68 i will retire as early as i can
@@davidspensberger7862 oh bull, mine lived till 88…so what
@@davidspensberger7862I'd rather die working than retired and destitute.
Hi Martin,
Thank you for sharing with all of us
God bless .
Hello my friend. Thank you so much. I so appreciate you. I hope you come back and share with us and this new found community. May God Bless You and your Family. 🙏🙂
Martin just want to mention I been doing uber rides for the last 4 Years I located in Vancouver working Monday to Friday 6 am to 1 pm half hour brake in between my average is 170 to 200 dollars daily if you want more info I be more than happy to give you some advice
Cheers 🍻
@ Thank you. Much appreciated. I’ll keep you in mind if or when I do uber rides. Cheers my friend.
When you go to work for Corporate America, it is actually not a question of IF you are gonna get screwed. The real question is WHEN.... you are gonna get screwed.
and how many times we'll get screwed cause it's never only once.
That's exactly right ESPECIALLY if you're an older person. There's no such thing as getting laid off "unexpectedly" if you're an older worker. PERIOD!
Truth 💯
I remember when I was 40, I am 68 and semi retired, I do 2 nights truck Driving a week. I try and keep fit by walking and some times going to the Gym. I drink bottled water as well. and gave up Alcohol to try and prolong my life. I am based in the UK, but I enjoy your take on trying to makes ends meet and how you deal with life in your 60s. I like your positive outlook and how your adapt to your situation. I try and keep off medication but I do take a Cod liver oil capsule and an iron capsule daily. look forward to your next Video Martin. all the best pal.
Great heartfelt discussions Martin. The auto kills a lot of people and that includes the trucking business. I have started a program at 60 to take this carcass out for a 12 km walk twice a week, working wonders. Far too many wealthy people in graveyards left a lot of time on the clock, materialism is toxic. It is a trait leftover from our hunter gatherer days to safeguard against lean times. I own no real estate though I have owned some in my past. Free stress less lifestyle is it for me. New sub here. VM
I am so happy to see you here Van Man 😃 Yes I agree. I would rather have experiences than a big house, cars, stuff and all the stress that comes with it. Being single would make things less complicated but as I am married I have a partner to consider. Thank you for commenting and sharing. Much appreciated 🙏😃
Hubby was l let go after 28 yrs at the same place. He had so many achievement awards, we had to buy additional shelving for them. Owner turned over the business to his young son. Thankfully, we always lived frugally but none the less, at 58 yo, he still needed to work. I had a small business so he jumped in and helped grow it even more. Also, we both work side jobs-he got his cdl and me retail. Its a card we didnt think would be dealt but made the best of it. btw, good video! People relate raw honesty ie the good, bad and ugly,
I've said for a long time that people need to put an early retirement first above everything else and try to get there when you're in your 40s or sooner. Relying on the labor market has become a very bad plan and it's only getting worse so get out of it asap. I'm already in my 50s and still working because I wasn't aggressive enough with my saving and investing.
Don't let those young people who leave bad comments bother you, Martin. They don't understand that the reasons why most older people work is not because they are riding some "gravy train" - it is because they need the money for retirement. Keep up the great videos!!
I retired at 57 and honestly, I wish I’d done it sooner. The 9-to-5 grind always steals your freedom for a paycheck that barely scratches the surface. My advice? If you’re in your late 30s or early 40s, start saving for FIRE now (Financial Independence, Retire Early.) And if you’re in your 50s, invest smartly and break free from relying on your job. Market trends, like the Trump Effect, have made millions for many, including me. Stay focused, stay consistent, and remember financial freedom is within reach if you make it a priority.
Exactly My point! The 9 to 5 grind is just not worth it the stress and low payoff. What specific steps did you take to break free?
Working with Lorrie Greta Hillard , a financial advisor, was a game changer. She helped me refine my savings strategy, including retirement planning, and provided expert guidance on investments and budgeting to maximize my savings.
Got it! Thanks for the tip! I was curious, so I looked up Lorrie
So done with 9-5, its Depressing!
I have 5 more years and I can’t wait!
It is that bad here in the state. I was forced to retire early in 2019 at the age of 59. No reasons were given, I had been there 15 years, and my manager liked me. We got a set of new people "younger" workers. They got rid of the older HR department and the newer "younger workers" decided I need to go. I got severance and health insurance per the years I worked there. I was working on another job together with AARP. Then the pandemic hit and that fell through. So here I am soon to be 64, I have SS. My home is paid off and I don't have any expenses, I've always been good with my finances. I have no family, so that's a good thing. I've used temp agencies, but they seem to not want older workers. I talked to a friend that works with an agency, and he told me that most employers don't want older workers anymore. I guess they want to hire untrained much younger that don't really like to work much, from what I've read and heard. Let's see how all this goes for me, I really want to work. I need to get out and about in my 60s and just be around people my age. I might even volunteer at a senior center. I like photography and I'm good at it, so I've posted to some site that sell stock photography. I do not have the patients for Door Dash, lol.
@@tonycollazorappo Thank you for sharing. Yes it can be very difficult not necessarily financially but just emotionally etc. losing a career or long standing job. I signed up three weeks ago at a temp agency and even took additional training at my expense but have not been called to work. I called a few times to say I’m available but nothing. It’s funny because when I first went in to apply they got me to attend a new hire orientation with 7 other “young” men all from 3rd world countries. I certainly stood out 😆 the old white guy 👀 Oh well. I’ll keep doing deliveries over the winter I guess.
I'm going to continue on the ideas of making some money with what I like, photography. Good luck on your journey@@themartinblairproject
Yes I'm 46 and working on paying off some small debts and pay off my house. I am also contributing to my 401k, Roth and HSA accounts. I am planning as if I will not have SSI but if I do I will be doing extremely well even with a small one of like $1000. I also have a income property that will help. I plan to be ready for a forced early retire at 55. And have founds for that. Then Roth and I think at 59. Take ss at 62 if still active and can touch the HSA at 65 for non medical. I'm a natural home body so I want to plan on things to get me out of the house.
Getting out of the house and stay active is key.donating to a non profit is good. Also going to the library. You could baby sit for some one that has a need. Also if you have a computer and fast internet you could do virtual call center. It's contract work and can set your hours. Decent money. Also you could learn new skills for fun. Udemy is good. Wait for the specials and load up.
@ Sounds like you’re a smart person and thinking ahead. Thank you for sharing 🙏🙂
Man I feel for you brother. I’m 67 and retired thankfully but I feel your pain. Cheers Rob Thunder Bay
I love Canadian optimism. Good luck with everything
@@astrumdeus7098 Hello 👋. Much appreciated. Thank you for commenting. I hope you stick around and share your story or ideas. 🙏🙂
If you are in your 50ties in private industry you are expendable. My dad really helped me understand why he became a trades men. He said his family would never go hungry. He could always find side work. He also, helped me understand you need multiple income sources. I bought a dilapidated 2 unit in my 30's. While my friends were traveling buying new cars, I was spending money restoring that 2 unit. Now it produces 44 K a year in Gross income. Its paid for and worth 750K. When I got laid off at 56, That income made all the difference til I could rebound. When I cash in that 750K with what I have saved I will be set.
I was let go at the tender young age of 48, for chasing kitty whilst on the clock, and am now 55, been retired since then, and can chase kitty now anytime I want to, without some knuckle dragger kilin' my game. Life Is Good!
It sounds like you have a problem chasing Kitty. LOL
@@gregorylyon1004 trouble getting caught chasing thy neighbors kitty perhaps ?
@@jeffreyplumber1975 ain't no one want your old withered ween
Good advice. Find your happiness. “Tis a gift to be simple, Tis a gift to be free “ as the old hymn goes. None of us are promised a tomorrow. See it all the time.
@@denim99987 Great to hear from you. Thank you for your support and kind words. I appreciate you 🙏🙂
What type of nonsense ridiculous with the oysters? What allowed the ballocks?
As a mid 30s guy, im living in a cheap window less basement and have foregone all hopes of a family, relationship, or home ownership. I'm trying to build a stronger financial future for myself as there is no guarantee I will even have a job until 65 so sacrificing my current is really the only way to do this while I still have this cheap basement. Think about all the jobs that will not exist because of AI and there are no fields to retrain into as AI and onshoring of cheaper labor pushes into all industries. My dad was also put into forced retirement at 60 because they put his entire department offshore and thankfully he paid off his mortgage but the monthly costs eat into his savings even with his pension. What a stressful time to be alive.
Glad I came upon your videos to help prepare in advance.
We’ve all been there. It’s called paying your dues and you may not realize it now but you’re actually in a better position than people who have a lot less and a lot more.
@@juvawaveredlighttherapy The thing is paying my dues is now a permanent to keep surviving. I dont know whats happened to this country. Most of friends in their 30s are also now looking for room mates because they cant afford rent/ insurance / gas / and just whats needed to live a quality life that our parents had. The dating world is also trash if youre not willing to be seen as only a provider. So most of us will grow old and die alone. Im tired.
@@WizardHarry69 if you believe in Jesus, repeat this 10 times “Jesus, I surrender myself to you. Take care of everything” it’s called the surrender novena and it will work miracles in your life. First you thank Jesus for his blessings like having a roof over your head, keeping your family safe and healthy and then you ask him for what you need help with and he will deliver. 3 years ago I was living in my Car and I prayed to Jesus and told him thank you for this shelter and I trust you and whatever plan you have for me and 3 months later I was in a nice apartment and now I’m buying my first house next month so always count your blessings and always glorify God and he will never let your cup run empty. Kyrie Elesion!
My neighbor is 62 and dying of cancer. He just bought a beach house last year and was looking forward to spending a lot of time there.
Good topics!!
I retired early got cut few from social security but I am surviving God got me. Walk by faith
@@lucyjay7963 Amen 🙏
Hello! I am enjoying your videos. I had an agism semi forced retirement this past June. I am taking a year to rest and reset. Then I will look for something new to try with fewer hours, but great healthcare..lol Keep up the tips!
@@wendysherbert3257 Hello my friend. Sorry for the delayed reply. I’m sorry to hear your forced retirement situation. Hopefully taking a year off will be very beneficial for you emotionally, physically, mentally and spiritually. Enjoy your morning coffee or tea. Watch the sun come up. And don’t forget to breathe and be in the moment. I hope you come back and visit often. Cheers. 🙏🙂
Thank you very much 😊😊😊
Keep the hustle going brother!!
@@TimmyCramer Thank you brother. I will. There’s no stopping 😃
Like your presentation style ,🙂
Nice video! Is the cost of food out of control in Canada?
Yes food is getting very expensive :)
Hey I’m in Australia , I was pushed out of my engineering job at aged 50 , had to get retrained driving a bus ( public transport) , driving heavy vehicles is well paid in Australia and I don’t have any problems paying my bills , is driving buses well paid in Canada?
Welcome Australia :) I believe bus driving pays pretty good here. Thanks for visiting. I hope you come back often :)
I was forced to retire early, because I worked in Healthcare and refused to get the Jab. i already had reitrement plans in place. It forced me to move my plans up a year early. In less than 3 months, I sold my house, moved into my van, and traveled across the country. I found my new home to buy and have been here since. Financially, it has been more of a challenge, but I wouldn't change a thing.
Wow well done to you for not being forced to take the jab. How absolutely disgraceful to force it on people. I bet you was glad you never took it after everything coming out about it. I never took it either.
@@churchofpos2279 That’s amazing. What a journey. Thank you so much for sharing. I’m happy you are doing better now.
I got laid off during COVID for refusing the Jab too at age 53 yrs old. . Got unemployment for about 6 months then went into being an Independent Caregiver. I don't do hands on, take only one 24 hour shift per week (though I will fill in) take jobs where I can charge my car while there and sleep in a private room for 9+ hrs each night w/wifi. I LOVE this job. My client has severe behavioral issues but that's okay. I'd be here all day if I explained the perks but my health is better, I brush my teeth 3-4x a day with tumeric so they're less stained. I bring my own food so juice vegetables. I love watching a direct tv movie every so often. It's perfect
Great JOB!! I'm so glad you were adventurous while you have your health.
@ Wonderful to hear you made a great comeback after your bad experience with Covid and your former employer. My daughter in law’s mom does caregivering too and stays the night like you. Thanks for sharing 🙏🙂
get a different doctor if he's telling you to not drink tap water in Canada
Thanks for the video.
Thank you for checking in. Please come back often :)
Take it easy bud!
Would going freelance be an option?
@@jcoul1sc I am doing a few independent contractor jobs. I will look into other options in the new year. Thanks for your advice 😃🙏
keep posting brother, something will materialize from this channel.
Just came across your video and watching from Edmonton, AB.
That is so cool. I am in Edmonton too :) I just uploaded another video so I hope you come back often :)
Keep plugging away. My situation is different but Thailand was my answer to being able to live the life I wanted and could afford. Anyway, I just subscribed and wishing you the best.
Thank you so much. I love your channel and watch a lot of your content. I continue to learn from you about Thailand especially Pattaya and I’m very much looking forward to coming there when able. Thank you so much for your support 🙏🙂 Martin
@@themartinblairproject Hi Martin....I'm a Canadian, but built a house in northern Thailand twenty years ago. Based on my thirty odd years of coming here, I cannot recommend living here enough. Although I have no pension from Canada, the lower cost of living in Chiang Rai is a big positive, and some rental properties and other part time "hobbies" make it easy to enjoy life here. No slush or snow either.
@@RobertBalcer I appreciate the information. I am hoping to make my way there next year for a visit and to get familiar with certain cities. Can't wait. It's so expensive here in Canada. Thanks for commenting. :)
Be grateful you're in Canada. In the USA you'd also be on the hook for healthcare. I retired at 63 1/2 & paid for my COBRA for 18 months before Medicare kicked in. $1100 a month back in 2020/21. I'd hate to see what that costs today. GL to you sir.
I am grateful I am in USA, I can retire anywhere in the world with USA Social security
I retired 22 years ago at 45. I see you getting a $3 car wash, going out for coffee, buying drinking water and I think wow that guy must be a billionaire.
I was a software engineer earning and spending a lot. But even then I would never buy cups of coffee, never in my life have gone to a car wash. It's not about the money. I just always saw those things as a waste. I blew a lot of money on really dumb things...just different things. And time was a factor too. The time needed to pick up water, get coffee, wash my car was "waste" to me.
Next year planning to move to SE Asia and my spending will change entirely. Next adventure.
@@waterbug1135 Ha ha. The coffee (Latte) was on a gift card of $50 my son bought me for my 62nd birthday in October so I’ve been making it last. The bottled water is for my wife. She’s working so she pays for it not me lol And the $3.00 car wash was from a $5.00 tip I got last week when delivering a customer’s food order. Believe me, my car needed a good rinse. So see there’s always things that are different than they appear 😆 But having said that, I’d definitely love to move down to SE Asia sooner rather than later. In three years when I’m 65 I’ll get my full government old age security + and any savings I may have. Just need to convince the wife to sell our house 😝 Thanks for your support and sharing your thoughts.
My girlfriend is like that. Reality still hasn't hit her. She has health problems, social security from when her husband worked (he passed last year) and a small savings. She rented a two bedroom apartment that costs more than half her income. She buys things that I would never buy, getting her car detailed (I bring mine to the car wash and use the spray for cheaper). Then she says she needs to work. It's not so easy to economize when you are used to spending a champagne taste with a beer budget.
@@Patty747 I completely understand what you’re saying. Yes it’s hard when two people (a couple) can’t agree on important life decisions. Many divorces are probably caused by this. Thank you for sharing. 🙂🙏
God bless. 😭❤️
I like riding with you. I'm shut in.
And budget tight. 😊😊😊
Keep riding a long my friend. I put out more videos so stay tuned :)
I use 'zero water' filters. Look at what hard water does to your plumbing fixtures. What do you think it is doing to the inside of your body? Money well spent.
Absolutely :)
I have tried to get a position for the last 4 years in the US and zero, nothing.
It can be very hard for sure.
@themartinblairproject I agree since I have vast experience in the software industry and 3 degrees.
My 2ex wives ruined me. That's y I have no retirement.
You should have only one . Why did you marry two?😂
Two heads are better than one 😂😂
@@hi_lo574 Only if they were down there!!!
And I'll bet that both of your ex wives will file for spousal benefits against your social security that YOU PAID IN ?????
the rich get richer , and the poor stay broke is all it is !!
Absolutely. In some cases I’m sure.
That’s such a defeatest statement, it takes a lot of hard work but it is possible to bring yourself out of poverty. Not so much if you’re late in life but if you start early enough you can definitely get ahead. I started out poor and now I am wealthy. That was with a huge setback in my early 40’s and I built back up again. It is possible but requires living well below your means and making moves to put yourself in a better position.
Not at all. Too many people live above their means. Also, most "poor" people I know have made some really bad life choices. I am just a regular guy, and have been just a regular, ordinary person my whole life, but I was smart with money and was always a good saver. I was BROKE at forty, and that was MY FAULT. Not some rich person's fault, MY fault for not being smart enough to start saving more money. I got it together and heavily invested (as much as legally allowed) into my company's 401k plan. It has nothing to do with "the rich getting richer and the poor getting poorer". That's nonsense. EVERY good and bad thing that happens to us in life mostly a direct result of our personal choices. If someone fails to prepare or makes stupid life choices that puts them in financial straits, whose fault is that? Of course there are exceptions, but not many. It's pretty much that simple.
@@dyates6380Having worked in social services for the last 30 years, I can honestly attest to the fact that some people are not given the same chances as others and are always going to be marginalized and poor. Not everyone, but some.
@@dyates6380 I completely agree with this. Thanks for sharing.
I was forced into retirement at 53 in 2020. The steel mill was ruthless to its management and shed many every slow cycle in the industry so I always had to live like every day was my last. When my time came I was debt free, so going into retirement earlier than planned wasn’t devastating. Luckily, the markets done well for my IRA except for 2022 so financially I’m doing fine and looking forward to social security at 62 and never having to work again. I never looked for work, figuring who’s going to want to hire an over fifty engineer and I don’t think a move at thais age would be financially beneficial.
Hi Martin, it’s good advice you are giving. You never rely on your job for retirement. But, picking a job that has a 401K plan and health benefits does help. I got laid off at 64 in mid 2019, I had worked there 9 years. I got control of my 401K ($92K) and rolled it over into my IRA. I bought 100% in Tesla stock in late 2019 with the money. I never sold any shares since. I don’t have a care in the world now in retirement. When I’m 73, I’ll just have to worry about paying taxes. Even after I die I bet I still pay some taxes. 😢
@@andrerodriguez7603 Thank you so much for your support and kind words. Yes it’s important to have a good attitude as well. When life gets tough we can’t give up. We just look for solutions and don’t be afraid to ask for advice. I appreciate you for sharing and commenting. Cheers 🙏🙂
@ that is so true. As we know things don’t always go as planned. I do have close friends and a brother I can rely on for help when the going gets rough. Thank you! Happy Holidays to you and your family.
Worked previously at Canada Post for 10 years and quit to start my own business. Struggled for a number of years and at the age of 69 got hired back at Canada Post. Got 3 days in before they went on strike!!!
I hope all is well now. :)
I laid myself off in 2019 at age 53 as soon as I was eligible for my employer's pension. That's the 4th best decision I ever made (marrying my wife, enrolling at The University of Texas, getting out of the military are my top three decisions).
Healthy life expectancy where I live in Northern England is 59! The retirement age is 67.
Oh Wow. I am sorry to hear that. How are you coping?
Are you in edmonton?
He said Sherwood Park
Tapwater is fine if you boil it
Im retired and deliver Uber food at my leisure. If the miles dont equal the money, I dont accept the orders. Luckily I live with a friend whom I pay a low rent to.
Having low expenses certainly helps. Thank you for sharing :)
I got kicked out when they had to fund my defined benefit pension at 50. I was eligible to retire at 55.
Im nearly 40 and I am aggressively saving and planning for my retirement and wish I had started in my 20s. So much wasted time.
having a healthy lifestyle and going to the gym has helped me so much with putting up with my disability. The work world is totally backwards at the moment. Took me 8 months to find a job but I found one and its working out but i have a 2nd income as well
@@nbaballers2277 Absolutely. I train for Strongman competition but it’s more focused on strength rather than good health but it benefited me when I had Covid in 2021 and came close to pushing up daisies lol 😝 I’m happy to hear you’re doing well and have found work again. Thank you for sharing 🙏🙂
I was laid off and into early retirement. I received several awards 3 months priot to this event. The company was bought by investmant group. No need to go through that crap.
I am grateful for this early retirement. It does work out and gets better each day.
It would certainly be difficult to go work for a boss again. Thank you for sharing :)
Im 53, healthy, and do gig jobs. Maintain good health for me was most important. I dont work unless i want to. 🙏💚
Thank you for sharing. Yes staying healthy is so important. In fact my next video will likely be about staying fit after 50 😃
@themartinblairproject yaay! Yes looking forward to it.
@@mysticallavish1360 Yes I just uploaded the new video just for you 😃🙏❤️
@@mysticallavish1360 Fit and Fabulous After 50 🙏🙂
@@themartinblairproject 🙏🙏🙏
worse !
you will be forced back to work in a yr r 2
due to exploding inflation n collapsing govs
i could be wrong,
but i hear this is happening to retires here in canada.
You’re a nice man.
Awww thank you for your kind words. I try to be kind and respectful to everyone :) Come back and visit and thank you for your comments.
I guess we retired somewhat early, depending on different opinions. I retired at 64 and my husband at 62. We are lucky in the US in that we can get a reduced amount of Social Security at age 62. We also both had pensions and retired with fully paid health insurance. My dad was not so lucky. He owned a gas station business and they came thru with expanding the highway. The construction took years and people stopped coming by for gas. The franchise was taken away from him. He got sick and delayed going to the doctor, and passed away from colon cancer at age 57. I was only 22 when he passed and made sure my husband and I both had secure government jobs when we were in our 50s.
@@Patty747 Thank you for sharing. So sorry to hear about your father. Yes it seems you and your husband have made good decisions. Happy to hear you are doing well. 🙏🙂
59 now. No job since I got laid off. Right about after COVID starting from zero, I put any money I could make off grid into REITs and now ETF's and just kept reinvesting. I am clearing $2k now finally in dividends and planning to fly to Southeast Asia next year and retire as a expat. Single, so I can marry a local girl and start a business and own a house through her when social security kicks in on the second year. I don't think you need a million to retire on. Am doing it with $40k only.
@@zibomacadangdang108 That is so good that you invest and are doing well. I have some money invested currently in 16 dividend paying stocks and a lot are REITs too. I’m not bringing in as much as you but hopefully with all my little streams of income I’ll be okay. Awesome to hear you’re going to SE Asia. Maybe one day I’ll run into you there 🙏😃 Thank you for sharing 🙂
I got laid off from a company I worked at for 9 years. While I'm grateful for the opportunity they gave and the money I made, I sure aint excited to go back to the office!
@@tomgeorgestory I absolutely agree. Now that I’ve had no boss for six months I don’t know if I could go back to a “regular job” 😝 Thank you so much for sharing 🙏🙂
Retired at 55. Yup, we were sold on freedom 55, but reality is quite a bit different. I could not continue in my chosen career and truth is, it was a job for the younger man. I did find employment, but it was seasonal and not as lucrative as my career had been to that point. I was lucky to have some retirement savings and a good cash settlement from my previous job. A good financial adviser is a godsend here. We all think we're going to travel when we retire, but that was not the case. Health issues accrue and by the time I was 65, travel and continuing to work were out of the question. I watched a lot of friends work hard all their lives only to be taken down within a short period from their retirement. All that retirement cash you worked for is no help when you are gone. It takes quite a bit of luck and some strategic planning to make it through retirement.
@@rayfunk5659 Absolutely. Freedom 55 was sold to me in about 1986. I paid into it for over a year until I smartened up and got out of it. Yes there are so many variables. Who knows the future? No human lol Thank you for sharing and commenting. I appreciate you.
Im not retiring til 75. Taking my SS (If its still there) at 70, then banking that $ fir 4 ir so yrs so as to have a "nestegg" of $ for emergencies. Waiting til 75 (my min reqd age) to start taking RMDs outta my retirement plans... thats my plan. Good video!😊
If you take SS at 70, then technically you're retired at that age, and may work part-time.
That's just how it is, you retire when you begin social security.
I am happy you have a plan. I hope all works out for you and yours. Thank you for commenting and sharing. Please come visit often :)
Make sure not to say the names of customers, another guy did and nearly got fired
Live within the means and saved asmuch as one could and stay healthy are the most important.
I have seen people wastng money on luxury things, vacation, hobbies, and supporting family.
But if you are not spending any money on lucky, on vacations, on hobbies, or family...what's the point of living? Saving for when you are 90?😂
Companies were never in the history of the world "loyal" to employees. It's not economically possible. It's a myth worker bees made up to rationalize staying at the same place for decades.
I did hear some companies like Hewlett-Packard promising "no layoffs" when they were trying to hire. They're out of business now.
I worked at 14 different tech startups. Shortest I ever worked at a company was 1 day. Skill set is important. Moving across the country for the best job is important. Living within means is important. Most people are delusional about their skill set and lifestyle spending.
Ya can't tell people anything. Betting 99% of people watching this video are guys already retired. The dudes who could benefit aren't watching.
@@waterbug1135 I agree with much of this. Loyalty. What’s that? Thank you for sharing your thoughts. Come back often. Cheers 🙏🙂
Are u unemployed or retired ?
I already think about this at 44...I have no intention of living to my 60s let alone 80s.
I retired in 2015 at age 56. Voluntarily walked from a six figure income. Haven’t looked back once. Nearly 66, but haven’t started social security yet.
0:23 As someone who is almost four years older than you, I strongly encourage you to do something about your state of physical fitness. You are the poster child for a widow making heart attack.
Take that in the spirit intended.
Have you seen my other videos? I compete in Strongman and I’m actually Canada’s 3rd strongest Masters 50+ This includes cardio work. But I do need to drop more body fat as I’m most likely going to retire from competition soon. But thanks for the tip.
@@themartinblairprojectI’ve only seen your sad videos that have shown up in my feed.
But good on you for the strength endeavors. Resistance training is good for us seniors…some say even more so than cardio.
@ Thank you. I hope you take a few moments to check out some of my shorts or other competition videos. I compete in Strongman. Cheers
@@themartinblairprojecttbh I'm equally shocked. I could hear your breathing, wasn't even watching ...and I thought this guy needs some exercise😂
@@BigBrother04 you couldn’t resist the urge to say this could you. Keep commenting though it helps the algorithm. Oh and by the way if you’re talking about that sound when I was driving that was my mic strapped to my seatbelt rubbing as I was driving and moving around. Not me breathing heavy. If you want to see me breathing heavy look at my competition videos 😆😂
In Sweden they want us to work as long as possible, but in the other way its hard for an older to get a job.
@@Lastipiilihytti Thank you my friend for sharing your thoughts and commenting on my videos. I appreciate you. Sweden looks like such a wonderful and beautiful country. I’d love to visit. Is it relatively expensive? I hope all is well with you. Once an older person loses a job, is it hard for the to get rehired? Looking forward to hearing from you again 🙂🙏
I would hire you . keep looking for full and part time work. lots of gig work ideas on you tube to try as well . 59 yrs in Edmonchuck
Aww thank you for such kind words. Yes I’ll definitely keep looking. Edmonchuck 😆
As Alice Cooper says “you retire. You expire” he’s 77 and still touring
He’s a performing artist though, not working some soul-sucking, repetitive grind.
@@karimbennett5651 Singing the same songs day after day week after week, move endlessly from city to city, seems like a very repetitive grind to me. The only plus is that they are paid good money for this grind.
🏴👏🏾well said sir
What I have Noticed here in the USA via. Here. Y T. Is that Seniors at Work are being let go , wicked crooked places. Love to Save $$$$ and hire rookies to do your job for cheap 👎🏼👎🏼👎🏼👎🏼😎👍🏼🇺🇸🦅
Yes it appears to be happening all over. I see a lot of this on TH-cam also. Thank you for commenting and being a part of my little community. I appreciate you 🙏😃
It was NOT a company retirement date .....
IT WAS A TERMINATION DATE ....
What forced retirement.....?
W
I’m not retired. This video is directed to those who have been let go, laid off, forced to retire (because they can’t find work possibly) etc. Thanks for commenting.
You are such a positive person. It is nice to see in a time when people are so angry. Life here in Canada is so expensive, and I get the anger.
Have you tried using a temp agency? I see people having success with them.
Thank you for the kind words. I am signed up with a temp agency but they haven’t called me and honestly don’t pay well and so currently I’m happy with doing some food delivery driving. If I can make $400-$500 a week doing that it’ll be fine. Thank you 🙏
Canadian unemployment rate is 6.8% and increasing and most new hires are government positions. This unemployment number doesn't include people who have given up looking for work or people working at lower skilled jobs than what they are qualified for. The real unemployment rate is probably 15%. Most new private sector jobs are part time service work. Excessive immigration has not helped the employment situation either. If we get those threatened 25% American tariffs in 2025 Canada will really be done. We have a serious situation on our hands and all Trudeau can come up with is a two month GST holiday and a $250 cheque (that doesn't include seniors). Meanwhile they are goosing the real estate market to try and get people into even more debt. We need an election NOW to get rid of those incompetent clowns in Ottawa and elect a government who can actually run the country properly.
Healthy life expectancy in Australia for a man 71.6 years
That is downright depressing.
@ USA is 63.9 years , beats USA by far
no it's not, it's over 75 if you're still healthy at 60 based on 2021 WHO data
Need to get rid of the car, huge expense for newer car, just buy 10 year old one, ford is high selling so cheaper parts
they have no respect for age here in the UK.
Gave my previous employer 28 years and was forced out at 58....I took up trucking...it was the only industry that gave me a chance...3 years later n i love my job..will put in 2 more and call it a day...
You did good, I think because that's a good boost for your Social Security benefit.
The last few years can be important just for that alone, plus being physically and mentally active.
The workplace creates a who gives a shit attitude. How much can I make for you! KMA!
Its about to get a lot worse for older workers soon. Seniors are also considered to be DEI hires by many of the top employing businesses. Now they will be free to lay off older workers with seniority so that they will not have to pay them a pension. And many companies that are hiring are looking for a younger work force with more education and less need for medical coverage.. The US will be just like the Philippines soon.... Once you reach a certain age, no one will hire you.... I retired at the age of 46, at age 52 my wife and I packed up, sold the house and moved to the Philippines for a few years... We will either move to Korea or back to the US for a few years depending on the housing market at the end of next year.... Not to confident in the US since corporate America is increasingly buying up single family properties and listing them as overpriced rentals...
Canada is moving the retirement age to 67. Already underway. It's a gradually adjusted changeover.
WIll it use a step pay - does Canada have social security?
America is like Full retirement SS benefit is age 67, or you can opt for 75% pay at
the age of 62. Also opt for 80% pay at age 63 etc....
I've heard that as well. :(
tell them you may sue for ageism and negotiate exit package
I retired at 33 years old I am 37 years old now. I never count on social security because next 30 years SSI won't be exist anymore.
Social Security won't exist anymore in 10 years tops. LOL
What was your main/longest job before your retirement ?
Okay fred I'm sorry for djt ass this presidential position
😊😊😊
Please explain your comment?
@metalmike570 I feel djt is going to cause a lot of people to retire before they want to leisure time ⌚....
@metalmike570 djt is not a 👷 worker 👷 he be leisure man. Golf ⛳ ers
Because of health, i will have to take my Social Security in 2025 at 62. I live in the United States and will be working a low paying job in public transportation while i am collecting my SS. It was never my intention to retire and take SS before my full retirement age. I just have no choice and have to be wise. Thanks for sharing! 👍👍
So sorry to hear about your health issues. That’s so unfortunate. There is such a thing as a healthy life expectancy vs life expectancy. So many folks work all their lives only to become ill shortly before or after they retire. I truly wish you improved health and prosperity in your future. Thank you for sharing and commenting. I appreciate you 🙏🙂
What happened ?? You boomers had the highest wages in history and the lowest cost for housing. So where exactly did you fail ??? My generation have been paying into social security for 30 years and we won't even see a dime because of your generation.
@ Child. It’s okay. Don’t be bitter.