Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k.
This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
Its unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $287k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.
Rebecca Lynne Buie has always been my top recommendation. Renowned for her expertise in financial markets and backed by an impressive track record, she comes highly recommended.
Be very carful with financial advisors. I am retired and over my years leading up to retirement I have engaged three financial advisers at various times. Every one has lost me money, lots of money! The last one charged me $7,500 to loose $350,000 of my nest egg. My advise is to educate yourself on managing your finances yourself and be careful.
Thank you for sharing your experience-it’s an important reminder to approach financial advisors with caution. Losing such a significant amount must have been incredibly frustrating. Educating yourself and taking control of your finances is sound advice, and it’s great that you’re encouraging others to do the same. Wishing you all the best in managing your retirement funds moving forward!
Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments and savings.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skills and knowledge
Financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
Me also. Guaranteed public pensions that are COLA-adjusted and 100% passed to surviving spouse for life are the best. I retired at 58 four years ago and mine pays me 85% of my final salary for life. Checks keep coming without needing market returns or worrying about inflation. Retired life while living abroad is great.
Wow! You nailed this. I have been semi-retired since 2012 and fully retired since 2022 (I had to ease into retirement, because I really loved my career). ALL 13 of these mistakes will derail a great retirement. Great information needed by many. Thank you!
Omg, I totally had to back into retirement- teaching was Such a big part of my identity… and being retired did Not sound appealing at all. But now I can’t imagine how I would manage everything if I still had to work the way I used to… 🎉
I am 69, own my own home with an acre of land. I didnt save much but dont care, I can live on my pensions. I am extremely happy. I didnt plan, I didnt have jobs that warrented saving huge. I did my traveling and really didnt find that interesting. I say, have a home paid for if you can, no credit card debt and stay away from people wanting to tell you what you should do. Stay away from criminal investment scams
You’ve got it figured out! Living debt-free, enjoying your home, and avoiding unnecessary stress-what a fulfilling and balanced approach. It’s inspiring to hear how content and independent you are. Keeping life simple and steering clear of scams is excellent advice. 👏🏡
We needed 2 budgets. The first is the macro-level that sets income, expenses, and performance. The second budget is managing the income sources, bank accounts, and micro-level expenditures. Together these allow us to define our path and provides a road map to saying on it.
The phrase "retirement is the enemy to longevity" is often attributed to Dr. Howard Tucker, a neurologist recognized by Guinness World Records as the world's oldest practicing doctor, who believes that staying actively engaged in work contributes significantly to a long life and that fully retiring can be detrimental to longevity; essentially, he sees retirement as a negative factor in living a long life.
That’s such an insightful perspective, and Dr. Howard Tucker’s story is incredibly inspiring! Staying mentally and physically engaged does seem to play a big role in longevity. While retirement looks different for everyone, finding meaningful ways to stay active and involved is definitely something to strive for. What are your thoughts on staying engaged as we age?
I am not yet 50, but am already seeing the need to return to more of the activities I did in my teens and early 20's. Its been a matter somewhat of time and place, but with some time freed up I think i can make it happen. We are still working on freeing up time (still building a business).We are also now enjoying FL, but watch out for those crazy, irritable drivers!
It’s fantastic that you’re reconnecting with activities you loved in your younger years-it’s such a great way to stay energized and fulfilled! 😊 Building a business is definitely a demanding task, but it’s awesome that you’re finding time to make it happen. And yes, Florida drivers can certainly keep things interesting-stay safe out there! Thanks for sharing, and wishing you continued success and enjoyment in Florida!
Good stuff. Ever make a video about the "mulligan" year(s) in retirement? I retired 6 months ago and feel like Im having to learn by personal experience....
Thank you! 😊 The idea of a 'mulligan' year in retirement is such a great topic-we’ll definitely consider making a video on that. It’s a big adjustment, and learning through personal experience is part of the journey. Wishing you continued growth and discovery in your first year of retirement!
Hey guys! New subscriber here. Recently retired two weeks ago! I found your channel very Informative and very useful. Appreciate the “Don’t do what we did!” approach and balancing it with things we should consider doing instead. From my perspective, retirement is another chapter of my journey through life. Preparing and planning for this new chapter and then executing it, should provide all of us with the excitement and focus we need to live our best lives! Keep pursuing your passions, including posting relevant, useful, and impactful content! Thanks!! 🫶
Welcome to the channel, and congratulations on your retirement! 🎉 We're so glad you found our content helpful as you embark on this exciting new chapter. Your perspective is inspiring-retirement truly is a new journey full of opportunities to grow, explore, and thrive. Thank you for your kind words and encouragement-we’ll keep working to create content that supports and uplifts our amazing community. Wishing you all the best as you embrace this next phase of life! 🫶✨
Do you have a checklist for things to do plan or think about 12 to 24 months before you retire? Maybe a video idea, what would you both would have done 12 to 24 months before if you had a do over.
We did a series of videos about retiring including 12 months out. Here is the link. th-cam.com/play/PLm7TtW4yckpUzyDIjBVxNLHzfB5bDnf1d.html&si=9yZUn_3WYtEKcZGo
I write alot more than I did before. I also set my appt. for getting my filter changed for my heater and my air conditioner. I don't wait anymore until something happens. I found out keeping up with the maintenance and routine maintenance on my car saves me alot of money.😊
That’s such a smart approach! Staying proactive with maintenance-whether it’s for your heater, air conditioner, or car-definitely saves time, money, and stress in the long run. It’s great to hear you’re writing more too; it’s such a wonderful way to express yourself and stay creative. Thanks for sharing your tips and positivity! 😊✍️🚗
I have heard this longterm care insurance saga more than enough. Yes. It's nice to have, but it's not necessary nor efficient. Only max 5% of people use the insurance in LIFETIME. Why don't we just save its equivalent money separately and use it for other good purposes in case of rest 95%?
You bring up an interesting perspective! Long-term care insurance is definitely a debated topic, and saving the equivalent cost separately could be a practical alternative for many. It’s all about finding what works best for each individual’s situation and financial goals. Thanks for sharing your insight-it adds a valuable angle to the conversation!
Because, in my mother's case at 92, she is now in a nursing home. Her $178,000 CD will last only 11 months, and the care isn't stellar, but it is better than other places in the area. Having to resort to this necessary option has been devastating for her, but the level of care she needs is more than a family member can physically provide.
Thank you for mentioning mental health and suicide. My FIL retired at the top of his game - happily married, very wealthy, with lots of friends. Within a few months of retiring he fell into a deep depression and committed suicide. We were caught completely off guard and to this day it’s hard to imagine how someone so robust and financially well off was so deeply impacted emotionally by retirement. So thank you for not just focusing on the financial aspects, but also on the social, emotional and physical priorities 😊
I’m so sorry to hear about this tragic loss just at the beginning of this phase of life. It’s heartbreaking for sure and part of our inspiration to make our videos. My father failed at retirement and as a result he passed away very early as well.
Sorry to hear about that 😞… that’s one TOP reason I am waiting until I feel I can handle it mentally. I’m single and I’ve had somewhere to go, and people expecting me to be around/saying hello/etc for 35-40 years! It’s a thing. I’m thinking the club/gym or other activities can help substitute… but work is very very ingrained in many hours per day.
I am 67 and not retired yet. My fear is being socially connected. I am very unathletic but I train hard. I usually find myself hanging out with people half my age. Due to age declines I don’t know how long I can sustain that.
As a soon retiree, keeping my 401k on course after a rocky 2024 is top priority. I have been reading of lnvestors making up to 250k ROI in this current crashing market, any recommendations to scale up my ROI before retirement will be highly appreciated.
Please, please do a video about daily routine!! I am divorced single, and my friends are retired, and moved away. I had a stressful busy career, jam packed full of responsibilities, and then retired. I don’t know what to do with myself!! I am NOT a crafty woman, nor am I interested in becoming that way. I really, really need a meaningful routine. Thank you very, very much.
I don't recall and its so old Im not sure its the same product anymore. The best bet is to search for a local agent in your area who specializes with this product.
hank you for sharing such meaningful suggestions! A Bible-based church can be a wonderful source of community and shared values, and reconnecting with old friends is such a great way to rekindle bonds. Building and maintaining friendships is so important-thanks for the reminder!
Thank you so much! 😊 We’re thrilled to hear you found it interesting, even from across the pond. It’s always great to connect with viewers in the U.K.-thanks for tuning in!
Thank you for this. In the UK, we get upset with a flurry of snow. How did you keep a straight face when you said you'd relocated to Florida, for a more outdoor life, with the disadvantage of the odd hurricane going over.
It’s all about weighing the trade-offs-sunshine and outdoor living versus the occasional hurricane. We can only imagine the chaos a flurry of snow would cause in Florida! Thanks for the laugh and for watching!
Living in a place with a climate that affects your mood can be tough. Consider short-term escapes during challenging seasons or exploring a move to a location that lifts your spirits. Retirement is about creating a life that truly fulfills you!
My wife retired a year ago and she watches TV, plays video games from bed, spending 20+ hours a day in bed. Her health has plummeted! Now she claims she will never be healthy again and she can't even do 5 minutes of basic exercise, including walking, the pounds keep piling on and her health continues to get worse. PLANS are so important, otherwise you might become my wife.
Please either talk faster or cut back on all the details about each point. Videos are way to long. You go on and on over the same point. 10 minutes to 15 minutes max.
Sorry you feel this way. But totally understand. You can speed up the video as well. We get passionate about all these topics and tend to continue to dig deeper. We hope you continue to watch our channel.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family...
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks..
@@FreuleinBey Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* ..
I wish you would talk in detail about the stress on your relationship when u retired. You guys are always so politically correct and want to come across in a professional manner but I want you to talk about the ugly part. The reason why, is because I’m worried about how we will treat each other when we are togethern24/7. We are happy and kind now but I think he is going to get on my last nerve. I’m gonna need some help in this area!!!
Thank you for your honesty, Lisa! You're not alone in worrying about this-it's a common challenge for many couples transitioning to retirement. We’ve touched on relationship stress lightly before, but you’re right-getting into the “real talk” is so helpful. We'll plan a deeper dive into how retirement can change relationship dynamics, the struggles, and strategies that have worked for us. It’s important to acknowledge that it’s not always easy, but with communication and some space for individuality, it’s possible to thrive together. Stay tuned! 😊
You don't need a million dollars to retire, but a fraction of that. Get your expenses down to near zero, and you can retire on a whole ton of less money. By now your expenses should be near zero, you've had a lifetime to buy and accumulate everything you need. My expenses for everything, food, electricity, gas, spare parts, toiletries, new clothes, everything... is 300 a month. With 100K in the bank, that's enough for me to last 33 years.
@@phils6524has to be very sparse living. Franks and beans, no car. No rent/mortgage?That’s great but yes, it’s also about lifestyle choices. I could move to a tiny town in middle of nowhere or a really bad part of town and have a really inexpensive life, but I wouldn’t feel safe or wouldn’t fit in.
Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k.
This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
Its unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $287k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.
Rebecca Lynne Buie has always been my top recommendation. Renowned for her expertise in financial markets and backed by an impressive track record, she comes highly recommended.
Thanks a lot for this recommendation. I just looked her website up, and I have sent her an email. I hope she gets back to me soon.
Be very carful with financial advisors. I am retired and over my years leading up to retirement I have engaged three financial advisers at various times. Every one has lost me money, lots of money! The last one charged me $7,500 to loose $350,000 of my nest egg. My advise is to educate yourself on managing your finances yourself and be careful.
Thank you for sharing your experience-it’s an important reminder to approach financial advisors with caution. Losing such a significant amount must have been incredibly frustrating. Educating yourself and taking control of your finances is sound advice, and it’s great that you’re encouraging others to do the same. Wishing you all the best in managing your retirement funds moving forward!
Retirement is now more difficult than it was in the past. it's all about balancing your risk tolerance with your long-term goals.
Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments and savings.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skills and knowledge
Financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
Consulting with a financial consultant can provide personalized insights and help align your investment strategy with your retirement goals.
I’m glad I found you two. I’m going to take you along with me in my Retirment journey ❤
Welcome aboard! We are happy you are here.
I retired at 57 with a pension and love it. I work part time, volunteer and belong to a social group and exercise daily. Life is great❤
Im making the jump as well 58 w/pension early next year. I like your plan
Me also. Guaranteed public pensions that are COLA-adjusted and 100% passed to surviving spouse for life are the best. I retired at 58 four years ago and mine pays me 85% of my final salary for life. Checks keep coming without needing market returns or worrying about inflation. Retired life while living abroad is great.
That sounds great. I hope you continue to find inspiration here and share some of that you are doing.
That sounds great. It wonderful to have that financial security
@@Fell214your welcome
Wow! You nailed this. I have been semi-retired since 2012 and fully retired since 2022 (I had to ease into retirement, because I really loved my career). ALL 13 of these mistakes will derail a great retirement. Great information needed by many. Thank you!
So glad it resonated with you.
Omg, I totally had to back into retirement- teaching was Such a big part of my identity… and being retired did Not sound appealing at all. But now I can’t imagine how I would manage everything if I still had to work the way I used to… 🎉
I am 69, own my own home with an acre of land. I didnt save much but dont care, I can live on my pensions. I am extremely happy. I didnt plan, I didnt have jobs that warrented saving huge. I did my traveling and really didnt find that interesting. I say, have a home paid for if you can, no credit card debt and stay away from people wanting to tell you what you should do. Stay away from criminal investment scams
You’ve got it figured out! Living debt-free, enjoying your home, and avoiding unnecessary stress-what a fulfilling and balanced approach. It’s inspiring to hear how content and independent you are. Keeping life simple and steering clear of scams is excellent advice. 👏🏡
To enjoy retirement, plan your money, stay active, build routines, and keep strong relationships. Thanks for sharing! - Lipika - Team Evan Carmichael
Thank you!
We needed 2 budgets. The first is the macro-level that sets income, expenses, and performance. The second budget is managing the income sources, bank accounts, and micro-level expenditures. Together these allow us to define our path and provides a road map to saying on it.
Thanks for leaving this comment! It’s helpful for all of us to see.
The phrase "retirement is the enemy to longevity" is often attributed to Dr. Howard Tucker, a neurologist recognized by Guinness World Records as the world's oldest practicing doctor, who believes that staying actively engaged in work contributes significantly to a long life and that fully retiring can be detrimental to longevity; essentially, he sees retirement as a negative factor in living a long life.
That’s such an insightful perspective, and Dr. Howard Tucker’s story is incredibly inspiring! Staying mentally and physically engaged does seem to play a big role in longevity. While retirement looks different for everyone, finding meaningful ways to stay active and involved is definitely something to strive for. What are your thoughts on staying engaged as we age?
Doubtful !
I need things to do!
I am not yet 50, but am already seeing the need to return to more of the activities I did in my teens and early 20's. Its been a matter somewhat of time and place, but with some time freed up I think i can make it happen. We are still working on freeing up time (still building a business).We are also now enjoying FL, but watch out for those crazy, irritable drivers!
It’s fantastic that you’re reconnecting with activities you loved in your younger years-it’s such a great way to stay energized and fulfilled! 😊 Building a business is definitely a demanding task, but it’s awesome that you’re finding time to make it happen. And yes, Florida drivers can certainly keep things interesting-stay safe out there! Thanks for sharing, and wishing you continued success and enjoyment in Florida!
Good information
Thank you so much! 😊 We’re glad you found the information helpful!
Thank you for sharing
Thanks for watching!
Good stuff.
Ever make a video about the "mulligan" year(s) in retirement?
I retired 6 months ago and feel like Im having to learn by personal experience....
Thank you! 😊 The idea of a 'mulligan' year in retirement is such a great topic-we’ll definitely consider making a video on that. It’s a big adjustment, and learning through personal experience is part of the journey. Wishing you continued growth and discovery in your first year of retirement!
Great video. Retiring this month, so perfect timing.
Perfect! Let us know if you have any questions
Hey guys! New subscriber here. Recently retired two weeks ago! I found your channel very Informative and very useful. Appreciate the “Don’t do what we did!” approach and balancing it with things we should consider doing instead.
From my perspective, retirement is another chapter of my journey through life. Preparing and planning for this new chapter and then executing it, should provide all of us with the excitement and focus we need to live our best lives!
Keep pursuing your passions, including posting relevant, useful, and impactful content! Thanks!! 🫶
Welcome to the channel, and congratulations on your retirement! 🎉 We're so glad you found our content helpful as you embark on this exciting new chapter. Your perspective is inspiring-retirement truly is a new journey full of opportunities to grow, explore, and thrive. Thank you for your kind words and encouragement-we’ll keep working to create content that supports and uplifts our amazing community. Wishing you all the best as you embrace this next phase of life! 🫶✨
Good info
Glad you think so!
Great info! I just want to know your skin care routine. You both look fabulous!
Thank you!
Do you have a checklist for things to do plan or think about 12 to 24 months before you retire? Maybe a video idea, what would you both would have done 12 to 24 months before if you had a do over.
We did a series of videos about retiring including 12 months out. Here is the link.
th-cam.com/play/PLm7TtW4yckpUzyDIjBVxNLHzfB5bDnf1d.html&si=9yZUn_3WYtEKcZGo
I write alot more than I did before. I also set my appt. for getting my filter changed for my heater and my air conditioner. I don't wait anymore until something happens. I found out keeping up with the maintenance and routine maintenance on my car saves me alot of money.😊
That’s such a smart approach! Staying proactive with maintenance-whether it’s for your heater, air conditioner, or car-definitely saves time, money, and stress in the long run. It’s great to hear you’re writing more too; it’s such a wonderful way to express yourself and stay creative. Thanks for sharing your tips and positivity! 😊✍️🚗
I have heard this longterm care insurance saga more than enough. Yes. It's nice to have, but it's not necessary nor efficient. Only max 5% of people use the insurance in LIFETIME. Why don't we just save its equivalent money separately and use it for other good purposes in case of rest 95%?
You bring up an interesting perspective! Long-term care insurance is definitely a debated topic, and saving the equivalent cost separately could be a practical alternative for many. It’s all about finding what works best for each individual’s situation and financial goals. Thanks for sharing your insight-it adds a valuable angle to the conversation!
Because, in my mother's case at 92, she is now in a nursing home. Her $178,000 CD will last only 11 months, and the care isn't stellar, but it is better than other places in the area. Having to resort to this necessary option has been devastating for her, but the level of care she needs is more than a family member can physically provide.
Thank you for mentioning mental health and suicide. My FIL retired at the top of his game - happily married, very wealthy, with lots of friends. Within a few months of retiring he fell into a deep depression and committed suicide. We were caught completely off guard and to this day it’s hard to imagine how someone so robust and financially well off was so deeply impacted emotionally by retirement.
So thank you for not just focusing on the financial aspects, but also on the social, emotional and physical priorities 😊
I’m so sorry to hear about this tragic loss just at the beginning of this phase of life. It’s heartbreaking for sure and part of our inspiration to make our videos. My father failed at retirement and as a result he passed away very early as well.
Sorry to hear about that 😞… that’s one TOP reason I am waiting until I feel I can handle it mentally. I’m single and I’ve had somewhere to go, and people expecting me to be around/saying hello/etc for 35-40 years! It’s a thing.
I’m thinking the club/gym or other activities can help substitute… but work is very very ingrained in many hours per day.
I am 67 and not retired yet. My fear is being socially connected. I am very unathletic but I train hard. I usually find myself hanging out with people half my age. Due to age declines I don’t know how long I can sustain that.
It sounds like you are on a good path. I have friends of all ages and that helps keep me young
I agree about over commitment.
Yes it can get overwhelming when over committed
Love. Love your advice
Thank you so much!
As a soon retiree, keeping my 401k on course after a rocky 2024 is top priority. I have been reading of lnvestors making up to 250k ROI in this current crashing market, any recommendations to scale up my ROI before retirement will be highly appreciated.
It’s great that you're thinking ahead :) Consider diversifying your investments and focusing on long-term growth.
Please, please do a video about daily routine!! I am divorced single, and my friends are retired, and moved away. I had a stressful busy career, jam packed full of responsibilities, and then retired. I don’t know what to do with myself!! I am NOT a crafty woman, nor am I interested in becoming that way. I really, really need a meaningful routine. Thank you very, very much.
We will definitely make a specific video on creating the best retirement routine ever.
I am frustrated by most retirement videos being made by couples which is a whole different retirement to being a single person.
@@deecee9154
What long term care do you use
I don't recall and its so old Im not sure its the same product anymore. The best bet is to search for a local agent in your area who specializes with this product.
Great points guys!
Thank you
Friendships:
Best source is a Bible-based church (common core interests).
Reconnect with high school (or college) friends.
hank you for sharing such meaningful suggestions! A Bible-based church can be a wonderful source of community and shared values, and reconnecting with old friends is such a great way to rekindle bonds. Building and maintaining friendships is so important-thanks for the reminder!
Very interesting, even for someone living in the United Kingdom.
Thank you so much! 😊 We’re thrilled to hear you found it interesting, even from across the pond. It’s always great to connect with viewers in the U.K.-thanks for tuning in!
Thank you for this. In the UK, we get upset with a flurry of snow. How did you keep a straight face when you said you'd relocated to Florida, for a more outdoor life, with the disadvantage of the odd hurricane going over.
It’s all about weighing the trade-offs-sunshine and outdoor living versus the occasional hurricane. We can only imagine the chaos a flurry of snow would cause in Florida! Thanks for the laugh and for watching!
What about retirees living in a place with an awful climate that gets them down..?
Living in a place with a climate that affects your mood can be tough. Consider short-term escapes during challenging seasons or exploring a move to a location that lifts your spirits. Retirement is about creating a life that truly fulfills you!
Any pointers for a couple when one retires early and the other works for another couple of years?
We did a video on that. Posted it below.
th-cam.com/video/U6C4xN7Xsss/w-d-xo.html
@@RetirementTransformedGreat thanks!
im 53 yrs old añd ive been retired for 53yrs
:)
What about for women , women issues for retirement do a video on it just for women
Can you get more specific and what you want in the video.
Deep Daily routine with no friends close bye!
Share with us your routine. I’m always trying to improve mine
Me thinketh wasn't it Colonel Sanders that started KFC at age........58!@?
Anyway some great information Clint Eastwood and.......Anne Margaret!!?😉😁
Great references! Glad you enjoyed the info-thanks for bringing some fun to the conversation!
Jody, have you fully recovered from your fall?
Yes I have. Thank you for asking
As a male.. stay single... that's priority..
That advice may work for some. I would have a hard time not having a partner of some kind. Mark
My wife retired a year ago and she watches TV, plays video games from bed, spending 20+ hours a day in bed. Her health has plummeted! Now she claims she will never be healthy again and she can't even do 5 minutes of basic exercise, including walking, the pounds keep piling on and her health continues to get worse. PLANS are so important, otherwise you might become my wife.
We are so sorry that this is happening. Hopefully things will make a change for the better.
Please either talk faster or cut back on all the details about each point. Videos are way to long. You go on and on over the same point. 10 minutes to 15 minutes max.
Are you serious? You're not going to tell a creature how to do their videos and how long they should have it. If it's too long, scroll along
Sorry you feel this way. But totally understand. You can speed up the video as well. We get passionate about all these topics and tend to continue to dig deeper. We hope you continue to watch our channel.
@@RetirementTransformed
We're retired.... We've got the time!
I'm in the habit of watching almost everything at 1.5 speed across TH-cam
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family...
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks..
@@FreuleinBey Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* ..
@@AlilatTiamiyu Oh please I’d love that. Thanks!
@@FreuleinBey *MARGARET MOLLI ALVEY*
@@FreuleinBey Lookup with her name on the webpage.
I wish you would talk in detail about the stress on your relationship when u retired. You guys are always so politically correct and want to come across in a professional manner but I want you to talk about the ugly part. The reason why, is because I’m worried about how we will treat each other when we are togethern24/7. We are happy and kind now but I think he is going to get on my last nerve. I’m gonna need some help in this area!!!
Thank you for your honesty, Lisa! You're not alone in worrying about this-it's a common challenge for many couples transitioning to retirement. We’ve touched on relationship stress lightly before, but you’re right-getting into the “real talk” is so helpful. We'll plan a deeper dive into how retirement can change relationship dynamics, the struggles, and strategies that have worked for us. It’s important to acknowledge that it’s not always easy, but with communication and some space for individuality, it’s possible to thrive together. Stay tuned! 😊
You don't need a million dollars to retire, but a fraction of that. Get your expenses down to near zero, and you can retire on a whole ton of less money.
By now your expenses should be near zero, you've had a lifetime to buy and accumulate everything you need.
My expenses for everything, food, electricity, gas, spare parts, toiletries, new clothes, everything... is 300 a month.
With 100K in the bank, that's enough for me to last 33 years.
I have to admit that $300 a month is pretty good.
I find that pretty hard to believe. How much of that 300 is car insurance? How much is groceries? How much is electricity?
@@phils6524has to be very sparse living. Franks and beans, no car. No rent/mortgage?That’s great but yes, it’s also about lifestyle choices. I could move to a tiny town in middle of nowhere or a really bad part of town and have a really inexpensive life, but I wouldn’t feel safe or wouldn’t fit in.
Good information, but get to the point, Yawl have way too much intro.....
Sorry about that. Sometimes we can do that