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I've been retired 16 yrs and still get stressed thinking about my years at work. It was terrible but I did it to provide for my family. You are right, easier looking at it objectively once you are out of the insanity. I envy those who love what they are doing and don't want to retire, but I think they are in the minority.

@ThisIsOurRetirement

8 ай бұрын

We agree David, being retired is great and now can do it for yourself.

My position was eliminated after 31 years of service, thankfully I was 55 and eligible for early retirement that was 9 months ago and words can’t express how much I DONT miss work 🎉

@ThisIsOurRetirement

8 ай бұрын

Same as us, once you cut the ties and look back at work, it wasn’t that great!!

@trainluvr

8 ай бұрын

Same here. Was largely stress free but still hardly ever think about work days. With lower taxes you probably won't have to touch your savings for a long time.

@user-zw9vh5ws4e

8 ай бұрын

@@trainluvr same here

This is great advice - I almost lost my beloved husband last year to a sudden brain hemorrhage- never sick a day before and had run 8 miles a few days before. Luckily, he recovered fully. We’ve reviewed our plan and moved up retirement by several years. Cheers!

@ThisIsOurRetirement

8 ай бұрын

We are so glad your husband is fully recovered Brenda and we wish you both well with your retirement plans have a nice weekend 🍁🙂

All great points. I retired at 57 from a job I enjoyed and have not regrets. It has been a decade and i haven't been bored yet. The greatest stressor of my job turned out to be the commute. I didn't realize how terrible it was until I no longer had to do it. Mine was only 45 minutes however northern winters can be challenging. Black ice, fog, whiteouts, other cars not adjusting for the road conditions, un plowed rural roads and deer leaping out of the darkness and into your path all take a toll on your nerves. Now if I look out and see a snow storm I can just stay in my warm cozy house and make another coffee.

@ThisIsOurRetirement

8 ай бұрын

We are exactly the same didn’t like the winter driving especially freezing rain. Like you Susan in bad weather we stay home!

@trainluvr

8 ай бұрын

Commuting was the best part of my day after I switched to doing it by e-bike. You learn all the tricks to stay safe if you have a decent route to travel.

Prior the retirement, all home repairs were paid with funds we have accumulated. Never did we tap a credit line. With all the repairs and improvements that we made to our home we wanted to enjoy our home for decades to come. We retired in 2021, debt free, and all big-ticket items i.e., new roof, completed prior to our retirement. This is the correct approach to take when contemplating retirement.

@ThisIsOurRetirement

8 ай бұрын

That might be true Scott but the repairs don’t last forever and the money set aside is money 💰 that could be enjoyed during your retirement. We also wanted to remove that unexpected maintenance and expenses, and increased property taxes and insurance as home prices go up we are very happy that we sold and are now renting . Have a great weekend Cheers 🍁🙂🍷☕️

@Grayce47

8 ай бұрын

That's what we have done. Mortgage is paid, 50 year roof installed, furnace replaced etc. We have also set aside $ for home maintenance in our retirement budget. One of the things our financial planner discussed was planning for big ticket repairs/maintenance on our home prior to and during retirement.

@ThisIsOurRetirement

8 ай бұрын

We are happy for you , as we wanted to travel having someone visit our house every 24hours over Winter to keep the house insurance became a big problem so we sold and rented Cheers Grayce 🍁🙂☕️

@e-spy

8 ай бұрын

@@ThisIsOurRetirement for sure! My furnace gave out after only 9 years (design flaw), and one day I found some of my new roof on the ground. And property taxes are more than my house payment was! 9.5 billion surplus in my state, and they are proposing a 1% sales tax increase to pay for road maintenance which we are still billed for yearly? insanity. Also, they taxed me for a stimulus check I never got! Though I could prove it, the IRS here didn't care. There are many issues state side that should be addressed for sure, healthcare being the most pressing. Many of my doctors are leaving because insurance companies don't pay them. And for who is left you must wait 6 months for an appointment. Wasn't that the reason they said nationalized healthcare wouldn't be good here? um...

You keep forgetting here in the good ol' USA health insurance is tied to employment and only marginally allayed at age 65. If you retire before 65 you need to buy your insurance which for most is cost prohibitive. You're fortunate to live in a first world country that provides health insurance to its citizens, allowing you to be truly free and retire at will.

@ThisIsOurRetirement

8 ай бұрын

We never forget about U.S. health insurance, it is a real problem to early and regular retirement. Saving money to buy health insurance or selling assets to cover it, or making yourself low income to get on Medicare are probably the only solutions to explore for early retirement.We have very little knowledge of U.S. healthcare other than knowing it’s expensive.

Hi Tina and Norm! I have been retired for 5 years now,because of health issues and I'm so thankful for not having to go to work every day. It's like winning a lottery! The only stress I have now is finding reliable companies to come to my home for maintenance work. No one wants to return your call. It is so frustrating. You always get a leave a message please! I agree totally, do not wait till you are 65 to retire! Your health is not the best later in life! Mind you, my dad just celebrated his 98th birthday. 💙

@ThisIsOurRetirement

8 ай бұрын

That must be a real pain that people don’t get back to you , a lot of parents ours included lived till their 90s but perhaps they didn’t eat as much processed food as our age group of baby boomers have been exposed to Cheers 🙂🍁🍻🍷

We've been married 48+ yrs & had our dillemas.. we saved shy of $100K and had a few stumbles & lost a house in a nice community, couldn't keep it on one income. Then moved out of state to work in the oil fields, that fell through & we used half our 401K, then decided to get a VA loan, 0 down, home, on the edge of retiring, so stuff happened, we recovered well, mortgage is reasonable, daughter has joined us & has a great job (RX) And she pays all the bills & takes care of everything, while planning & single handedly ( her choice) upgrading, paint. Etc. Wish things went smoother & I'm sure your advice will help many. We are pretty much debt free except mortgage... so iz good. Thx for helping... things are changing.

You spoke of the commute how stressful that got to be at an older age, i was a truck driver in the u.s.a. and the last year from 59 to 60 was almost unbearable the stress was so bad. I never really thought i was in so much danger but the way others around me were driving i thought they were going to hit me and kill them selfs and i would be blamed so i had to quit the stress was so bad and i am so glad best decision i could have made, retired at 60, and i would have missed out and not even realized it had i kept working. Life has never been so good, my advise to all would be retire as soon as possible it's great. Love these videos and the views you share, in early retirement its good to learn from others with great experience and knowledge, thanks for sharing.

Excellent video. Having just retired I see and feel the huge difference of having less stress. I agree with both of you and thank you for your wonderful words of wisdom.

@ThisIsOurRetirement

8 ай бұрын

Your are welcome Julie congratulations 🥳 on your retirement welcome to the club Cheers 🍁🙂☕️

I can agree more than a 100% to you Norms and Tin! Early retirement is so liberating. We have enough to live a simple life , and enjoying short vacations and attending to the hobbies that we missed when we were working. Always a delight to see you both!

@ThisIsOurRetirement

8 ай бұрын

Thanks so much for watching glad you enjoyed it Cheers 🙂🍁☕️

As always, You are so RIGHT!

@ThisIsOurRetirement

8 ай бұрын

Thanks Debbie!

As always a great episode ❤ thanks Bill

@ThisIsOurRetirement

8 ай бұрын

You are very welcome have a wonderful weekend Bill Cheers 🍻🍁🙂

I retired at 67, so I could be debt-free at retirement. That was in 2009, and it took years to get rid of the PTSD from all of the conditions Tina mentioned. I still bless every day that I don't have to get up in time for a long commute, and the stress of being 'on' all day (I was in a public-facing job).

@ThisIsOurRetirement

6 ай бұрын

Happy New Year Carole 🥳☕️🥂

Our annual travel insurance plan is from the Bank of Montreal called "BMO Total Travel and Medical Protection" a comprehensive policy with total coverage and we bought it from the Bank of Montreal Air Miles MasterCard

@kristinam2719

8 ай бұрын

Thank you both so much! As always, you’re providing us with such usual information. Kristina

@ThisIsOurRetirement

8 ай бұрын

Your very welcome Kristin Cheers 🍁🙂☕️

@theholdenfamily5953

8 ай бұрын

Are you buying a different package than what the card offers? I have the BMO MC and didn’t realize any of this - just spent over $1k last trip on an insurance plan with TUGO and would like to not do that again if there is a less expensive way. Thank you.

@ThisIsOurRetirement

8 ай бұрын

Yes it’s a plan you can buy through them if you have the CC , go on the BMO website or call them ours covers up to 31 days ( we are grandfathered in on the old plan ) it might have gone to 21 but that’s still good .You can then top up with TD for longer trips we are doing that this winter for Portugal 🇵🇹 it’s an amazing way to save money 💰 Good luck 🍁🙂☕️

@Ray-iz7tv

8 ай бұрын

Thank you for the information. Does a person have to be a Canadian citizen to be able to buy this insurance?

Thanks for the video guys!

@ThisIsOurRetirement

8 ай бұрын

Our pleasure!

You guys give wonderful retirement and life advice….but more than that, you model how to be a loving couple. I really appreciate how you communicate with each other and as a team. The respect and regard that you have for each other jumps off the screen, especially in an age when men and women seemingly spend too much time in competition and conflict. Wishing you all the best.

@ThisIsOurRetirement

7 ай бұрын

Thank you so much Lee for a lovely comment we are very fortunate to have each other and very much enjoy each other’s company and love ❤️ doing Our You Tube Channel together Cheers 🍁🙂☕️❤️

GOOOOD INFO thanks Norm & Tina!💝

@ThisIsOurRetirement

8 ай бұрын

Our pleasure! have a great weekend Cheers 🍁🙂☕️

Always lovely to see you guys. As pleasant as a cup of tea with gran and gramps.

@ThisIsOurRetirement

8 ай бұрын

Thanks so much for your very sweet comment take care have a wonderful weekend Cheers 🍁🙂

Great pointers, thank you.

@ThisIsOurRetirement

8 ай бұрын

Our pleasure glad you enjoyed it have a wonderful weekend Cheers 🍷🍁🙂

I totally agree with you ❤

@ThisIsOurRetirement

8 ай бұрын

Thanks so much have a wonderful weekend Cheers 🍁🙂🍷

You seem to have a very chilled out and supportive wife. Lucky man.

@ThisIsOurRetirement

8 ай бұрын

Thanks

I truly appreciate your nuggets of wisdom and positive attitude. Thank you!

@ThisIsOurRetirement

8 ай бұрын

Thanks so much Shannon!

Good info as always! Cheers!

@ThisIsOurRetirement

8 ай бұрын

Thank you! have a wonderful week Cheers 🇺🇸🍁🙂🇨🇦

Good points!

@ThisIsOurRetirement

8 ай бұрын

Glad you think so!

Hi, I retired at age 45. I’m 55 years old now, I have no debt whatsoever. During my working years, I made a point to save 30% of my annual income. Im enjoying my time, go to the gym, going out with friends and having fun. My parents drilled the importance of saving money and planning for a successful retirement. I’m so glad I listened.

@ThisIsOurRetirement

8 ай бұрын

That sounds like great advice they gave you glad you are enjoying your retirement Cheers 🍁🙂☕️

Thank you for your honesty about your debts. It's refreshing to hear as so many people boast about how very successful they are financially, when it's not true.

@ThisIsOurRetirement

8 ай бұрын

Thank you Katherine.

Two weeks and I’m retired. Paying rent is a cost. Good advice again.

@ThisIsOurRetirement

8 ай бұрын

That’s wonderful congratulations 🥳 welcome to retirement Cheers 🥳🍁🙂

Excellent advice! Life can be too short!

@ThisIsOurRetirement

8 ай бұрын

So true! have a great weekend Carol Cheers 🍁🙂🍷

I'm a Silver Lining type of person, so I saw that silver lining when as a early retiree, being diagnosed with cancer was made so much easier. No job worries. Never a stress making appointments or days for treatment on days off. No worries when my hair fell out! That was years ago and now it's really a time to live every day as it's the last one!!

@ThisIsOurRetirement

8 ай бұрын

Sorry to hear that you got Cancer Patty but glad that you are living life for today as we are due to past health issues we too have had have a nice weekend 🍁🙂

@MrGearoid65

8 ай бұрын

Wishing you a speedy recovery. Your positive attitude will help. God Bless. ❤

@barbaraebner5889

8 ай бұрын

I hope you are doing well and looking forward to a new chapter in your life post cancer.

Great 👍 advice. I like the look of your place. Moving up in life, eh? My hypertension at work almost killed me! I am healing now. Amen 🙏 Early retirement at 57 with no debts is a blessing thus far.

@ThisIsOurRetirement

8 ай бұрын

Thanks Johnny, it's the same apartment, just turned the chairs around 😂😂

please we need more videos and advises like this .. thanks so much

@ThisIsOurRetirement

8 ай бұрын

That's very kind of you Mickey, we will try for more!

Norm - the line of yours that resonates is "Be stress free - get rid of that job". Having worked for 37 years and financially able to go, I'm trying - but struggling with "One more year" syndrome

@ThisIsOurRetirement

8 ай бұрын

From our experience Rob as you say financially you are good “just do it “ we did and never looked back you can’t buy time back Cheers 🙂🍁☕️

Good info about the annual travel insurance. Going to check it out 😊

@ThisIsOurRetirement

8 ай бұрын

Great!

This is a good one. Thanks so much your sharing. Wife and I are doing the same with very careful on money spending.

@ThisIsOurRetirement

Ай бұрын

Glad it was helpful! 🙂

Great advice Tina and Norm! Thank you. That is exactly what I intend to do, retire as soon as possible.

@ThisIsOurRetirement

8 ай бұрын

Wonderful!

Hi Tina & Norm good to see you both and I’m pleased you are going back to Portugal again thanks for more great advice keep the good work up . Regards. Christopher Barker

@ThisIsOurRetirement

8 ай бұрын

Our pleasure! have a wonderful weekend Christopher Cheers 🇬🇧🍁🙂🍷🇨🇦🇵🇹

Excellent video, thanks for sharing! I can’t wait for retirement!! Come on 3 years 🎉

Great advice Norm and Tina! I agree regarding the TD travel insurance top up. Have used that to top up my husband’s visa coverage and it was fast and reasonable.

@ThisIsOurRetirement

8 ай бұрын

It is a great solution Debbie!

Thanks!

@ThisIsOurRetirement

8 ай бұрын

Thanks so much Pat have a wonderful day Cheers 🇺🇸☕️🇨🇦

I would have loved to retire earlier than 65 but wouldn’t have been able to afford health insurance. Three years later I still have work nightmares lol. I wake up and realize it was just a dream and go back to sleep.

@ThisIsOurRetirement

8 ай бұрын

We are glad the nightmares have stopped Michael and you enjoy being retired have a wonderful weekend Cheers 🍻🙂

Another shot of great advice guys - thanks!. So glad I checked into paying into UK pension early enough. Even tho' I left UK at 25 and only had a few years full time work - I had worked multiple part time jobs to put myself through college and it really paid off.

@ThisIsOurRetirement

8 ай бұрын

We are so pleased for you Susan that it paid off have a wonderful weekend Cheers 🇬🇧🍷🇨🇦🍁

Couldn’t agree with you more Norm and Tina! Life is too short not to retire as soon as you can!

@ThisIsOurRetirement

8 ай бұрын

Yay!!

Thanks for presenting a real time video for retirement of those of average means like me. After years of decreased energy and and inability to keep up with change, I have set the date with a loosely structured plan in place, with room for adapting it as time goes on. The relief is so great that I can only imagine the actual event! The only comment is how many folks like me can do contract work these days. Contracts can pay for extras like travel, hobbies and so forth. . And the number getting called back.. .

@ThisIsOurRetirement

8 ай бұрын

We wish you well JoAnn and so glad you enjoyed our video have a great weekend Cheers 🍁🙂☕️

Hi Norm and Tina! Retirement Rocks! Just returned from our Paris to Swiss Alps vacation. Medical is only part of the equation with travel insurance. Lucky to have a great medical policy for life with no questions. Looking forward to planning the next trip. Not quite over the jet lag and a Pavlo concert tonight in Brampton. Live the dream! Cheers😊

@ThisIsOurRetirement

8 ай бұрын

Great to hear from you Paul glad you had a good trip and agree retirement is awesome have a great weekend enjoy the concert Cheers 🙂🍁🍻

I retired at 56 because I could (Government DB pension) and I was sick of work and reckoned at the time that those (these) were the best years I had left and was not prepared to give them up to the ‘company’). As to health, one has to make an effort to exercise to push back the hands of time. Light weights are all it takes. I’m happy to be debt free but am feeling the pinch of this economy.

@ThisIsOurRetirement

8 ай бұрын

Glad it is working out for you, agree about the weights.

@ThisIsOurRetirement

8 ай бұрын

Thanks for sharing Murray have a wonderful weekend Cheers 🍻🍁🙂

good advise

@ThisIsOurRetirement

8 ай бұрын

Thanks for watching Cheers 🍁🙂☕️

This is what I called learning from other people's mistakes. Even though I have already made most of them. I appreciate your sharing of your wisdom.

@ThisIsOurRetirement

8 ай бұрын

Thanks!

The stress of spending the Summer in Portugal.

Thanks so much for the advice. I'm soon to retire & can relate to everything you've discussed. I didn't think of the travel policy. I will definitely look into that! Thanks for the tips & encouragement! Appreciate your genuine & helpful content. Best wishes.....Bob V

@ThisIsOurRetirement

8 ай бұрын

Thanks so much Bob!

Loved the video! I enjoyed my job immensely and would probably have worked another year or two, but the Covid came and I was furloughed. After staying home for months they called me back and I realized how much I had missed for ME… so I said no. ..though I liked my job. (I was 73!) I’m now 3 years retired and feel better then I ever have. Iim so sorry I waited as long as I did..I always wondered how I would stay “busy”😂😂😂 ha! Now when people ask what I do to keep occupied, I say” I DONT! “-I do whatever I want🎉😍🥳 Nothing feels as good as retirement. Thank you for this uplifting message as a reminder to open your world up to living! Cheers you two… excited for the trip photos to come!!

@ThisIsOurRetirement

8 ай бұрын

Wow great story Barb thanks for sharing we are so glad you are now happily retired have a wonderful weekend Cheers 🍁🙂🍷

I am free of debt, the house is paid off, but I am afraid to sell the house. One son lives with me, and my daughter is not doing well. One son is in long term care. I am scared to sell, because I feel like my house is our security.

@ThisIsOurRetirement

8 ай бұрын

Your decision is so much more difficult, we do sympathise with you.

I agree 100%

@ThisIsOurRetirement

8 ай бұрын

Thanks for watching Jacquie have a wonderful weekend Cheers 🍁🙂

hi Norm and Tina, I like Norm's golden words "after 30, 35 years you have done it all, you don't need to keep working, what are you trying to achieve?", this is absolutely very true. Thanks again, from Ricky.

@ThisIsOurRetirement

8 ай бұрын

Thanks so much Ricky glad you enjoyed it have a wonderful weekend Cheers 🍁🙂

Great video! I plan to retire next year and I am a little nervous about it. Thanks for your good advice. I will go ahead with my plan… thanks again!❤

@ThisIsOurRetirement

8 ай бұрын

Thanks for watching Sandra and good luck!

Thank you for sharing : Like for you : Greetings from Poland

@ThisIsOurRetirement

8 ай бұрын

Thanks for visiting have a great weekend Cheers 🇵🇱 🍷🇨🇦☕️🙂

So, I'm not near retirement, but i just love your channel. I took a break year after 15 years of work, and I loved it. I can't wait to be fully retired one day. My mother is days away from retirement and it's a bit scary because money management has been an issue. Your tips are helpful.

@ThisIsOurRetirement

8 ай бұрын

Thank you so much for your kind words, we wish your Mother a long and happy retirement.

Laughing. I want to thank you for your honesty. Great information . Love the shirt Norm but the Doors t-shirt is my favorite. Take care.

@ThisIsOurRetirement

8 ай бұрын

Awesome! Thank you Pamela have a wonderful weekend Cheers 🍁🙂🍷

I retired at 62 debt free. Best advice I ever got was to have your house paid in full before you do. I had a stressful job and have never regretted retirement. I am very fortunate.

@ThisIsOurRetirement

7 ай бұрын

We agree, good advice!

Hello T&N thank you for the video as always very informative in easy to understand format, some of the advise I am sorry to say is a little late for me but I still enjoy the info as I have said in the past I kept my house because my mortgage is half the rent I was paying in NY and where I now live in Las Vagas there is no rent control,you could be paying 1000 a month when your lease is up your landlord can say the new lease will be 2000 and as of right now it's perfectly legal ,so for now there is no selling of house for me .The extra money I was paying in rent I will put that aside for the eventual repairs as for now I just finished a massive rehab due to the mess the tenants left.I wish I had retired earlier but I kept listening to the so call experts like Suzy Orman that said you need at least 1mill to retire not true I am doing just fine with a pension & social security .oh my how I did go on sorry for this long response,see you next week.

@ThisIsOurRetirement

8 ай бұрын

Don’t worry Barbara we all kept listening at some time from the experts glad we broke away from them as we like you are having a great retirement Cheers 🇺🇸🏡 🍁🙂🇨🇦

Great advice and tips thanks Tina and Norm. I am 52 turning 53 next year. I am learning a lot from you both.

@ThisIsOurRetirement

7 ай бұрын

Our pleasure! have a great weekend Maryrose Cheers 🙂🍁☕️🍷

Thank you for your insightful videos. We watch on our big screen which does not have a keyboard. Thus we seldom write comments. Keep it up.

@ThisIsOurRetirement

8 ай бұрын

Thanks so much!

Almost through my second year of retirement. Just back from a trip to London and Naples. We are loving the freedom and cannot argue with your advice of "its never too early to retire".

@ThisIsOurRetirement

8 ай бұрын

That’s wonderful so glad you are enjoying your retirement Cheers 🍁🙂☕️

Thank you very much for all your advices, I am 56 and I can't wait to retire

@ThisIsOurRetirement

8 ай бұрын

Your very welcome Helen have a great weekend Cheers 🍷🍁🙂

Great advice for people thinking of leaving the stress of the daily work force grind, we agree that if you can afford it leave as soon as possible specially if you’re reaching your 60’s . We both left in our late 50’s and don’t regret it one bit, my dad lived 1 month shy of 96 and used to say to me that life is all but 2 days and 1 has passed, we like you spend a lot of time in sunny Portugal 🇵🇹 ( 3months this year 7 last year) Cheers and all the best to you both 🥂

@ThisIsOurRetirement

8 ай бұрын

Thanks so much for watching!

Excellent advice in my opinion. (I’m age 67 and retired.) Thoughtful and practical. And your presentation style is so pleasant and engaging. Thank-you!

@ThisIsOurRetirement

8 ай бұрын

You are so welcome! glad you enjoyed it Glenn have a wonderful weekend Cheers 🍁🙂🍻

The best thing about retirement is that I always have time to handle unexpected errands. If I had been working, I would need to somehow fit the errand into my schedule. Now I can rearrange my schedule to meet any unexpected issues. I also agree with on work related stress. I loved my job, but I love having the time to myself even more.

@ThisIsOurRetirement

8 ай бұрын

Isn’t being retired wonderful Bruce Cheers 🍁🙂☕️

Great advice and information. 😊

@ThisIsOurRetirement

8 ай бұрын

Thanks! 😂😂

I feel anything with responsibility brings a little bit of stress, not exclusively in our job/work.

@ThisIsOurRetirement

8 ай бұрын

Very true

I have been watching your videos for a couple of months now. I am being challenged with selling our home which our children love as we built it up (on acreage) since we started marriage and family. Very hard decision as we are all deep rooters. Your experience and advice is so helpful.

@ThisIsOurRetirement

8 ай бұрын

It is a difficult decision and not one to take lightly, we found with our children that they bought their own homes and wanted to start their family traditions, the “family home”, then became less important. Also there is a financial cost to keeping it. In the end only you can decide what is best for your family. Good luck and thanks for watching our videos.

I became Debt free at 36 years old , but i went without for a long time . Than saved up and invested , for early retirement .

@ThisIsOurRetirement

8 ай бұрын

Sounds a great plan Jimmy we worked hard to retire early too Cheers 🍁🙂🍻

Excellent video! I agree that retirement asap.

@ThisIsOurRetirement

8 ай бұрын

Thanks for watching!

My Father told me years ago when I got out of school: "if you can't afford to pay cash for a new truck or tractor, then you don't need it"; and he said "stay out of debt". I have never financed a car or truck; and built my small house myself using cash when available. Wish I had your pension benefits, but my cows never paid me a pension. Expenses are so high that i opted out of my house insurance this week saving me $2,000. If it burns down, then it is time for a change. Have been debt free for years. Cheers.

@ThisIsOurRetirement

8 ай бұрын

Being debt free is great we don’t have any private pensions just what the government gives us have a great weekend Cheers 🍁🙂

For me I had a great deal of stress for almost a year after retiring because my job required long hours every week. I needed a year to adjust

retire as soon as possible , yes, cut expenses ( the kids have a negative view of homelessness), so right about the immense stress ( retiring felt like a big weight off) just to wake up without an alarm my god is so nice , my tenant pays my house expenses, but having a tenant has it risks, luckily i found a great tenant GREAT ADVICE THANKS AGAIN

@ThisIsOurRetirement

8 ай бұрын

Thanks for watching have a wonderful weekend Cheers 🙂🍁☕️

@Autonomous1969

8 ай бұрын

I took my bedside clock away. I now wake up when my body tells me to.

@ThisIsOurRetirement

8 ай бұрын

That’s wonderful no ⏰

Perhaps someone has already commented on this but Tina should get the british state pension at age 66. It changes to 67 from April 2026. Great channel. Thanks!

@ThisIsOurRetirement

5 ай бұрын

She has already applied just waiting to hear back Dave fingers crossed 🇬🇧🇨🇦☕️

@dave_w8476

5 ай бұрын

Shouldn't stress on this one. If you were born before 1st April 1960 you will get it unless the fact that you haven't lived in the UK for a number of years complicates the issue, but I can't see that it will. Good luck!@@ThisIsOurRetirement

So correct: Retire as early as possible! I was trying to count my significant trips since I quit my job over 6 years ago and I am not sure I can remember them all... somehow the many planes I boarded sometimes taking extra time in one place for a stop over to see the highlights and continuing on to the primary destination made it feel like two or three trips... For example, hanging out 3 days in San Francisco on the way home from Mexico or stopping off in Las Vegas before continuing on to Texas... Love that I retired early and having a great time!

@ThisIsOurRetirement

7 ай бұрын

It is wonderful Diana to have time on your side, you sound like you are having a great time, thanks for watching our video!

Tips, ideas and new insights are always handy to receive. Mull them over, compare and choose what fits your situation. I enjoyed my working life- of course there were some pressure moments- but that's life. Now we are retired we are still running out of hours in the day, but by choice as there is so much we can and want to do. Carpe Diem. Enjoy Portugal. 🍷😎🍷😎🇳🇱🙋‍♀🇳🇿

@ThisIsOurRetirement

8 ай бұрын

Hello Anita! Yes we wonder how we every had time for work 😂😂 good to hear from you today. 🇨🇦🇳🇱🍷

Hi Norm and Tina, thanks for another great video! Where did you buy your renewable travel insurance policy? And does it cover more than a travel cc? Thanks!

@ThisIsOurRetirement

8 ай бұрын

Yes it's a total travel and medical plan so more comprehensive with larger coverageand we bought it from the Bank of Montreal Mastercard.

Just turned 60 and recently finished cancer treatment (all good!), debt free, healthy retirement account, just finding it hard to quit a good paying job even though intellectually I know it's best for my health (reduce stress) and there is enough money for retirement. Its the emotional letting go of a great job I've had for 32 years and the people I've worked with for decades.

Stress anxiety, and insomnia was a killer,,,, for me,,,i aganized over financial decisions after retirement,,,and fear,,, hopefully i am on a better footing going forward,, but it takes courage to make decisions

@ThisIsOurRetirement

8 ай бұрын

Thanks for your comment Maryjoan

hi tina and norm we are both retired now and are going to the algarve 29th jan for a 54 day holiday we will look out for you.great vids thankyou Gary

@ThisIsOurRetirement

8 ай бұрын

Hi Gary, Enjoy your time in the Algarve! 🇵🇹

Buying extra years in the UK state pension scheme is the best money you could ever invest. Good advice.

@ThisIsOurRetirement

8 ай бұрын

Thanks

The author Greg Clarke spent his later years living in the King Edward Hotel, in downtown Toronto during the 1970’s. Others have been doing this in the past, for many of the reasons that you mentioned.

Have a date of retirement in mind I had September 2023 (I had it on my diary as that was 40 years work) circumstances happened that I retired in October 2021 due to I’ll health and a pay off from my employer I totally agree since I retired people keep saying to me how well I look (I’m only 57) it’s nice to hear I do miss the “intellectual challenge “ of work but not that much !!!!!

@ThisIsOurRetirement

8 ай бұрын

We are pleased retirement is working out for you David.

🤯 I have to say,you guys have made me really think about travel insurance in a new light. I’m 52 and retired,but my wife is a bit younger and still loving her career. We do travel quite a bit nonetheless and we always have travel insurance,but it just never occurred to me to do a yearly insurance. Thanks so much for mentioning this! 👍👍👍 also, totally agree about retiring as soon as the numbers make sense. But I also agree with the person who is 70 and loves working. If you love what you do,why not keep doing it! But fir me,I love being retired!😂

@ThisIsOurRetirement

8 ай бұрын

Hope the tip for travel insurance helps we have saved a lot of money 💰 over the years and we too love being retired Derek Cheers 🍻🙂🍁

@freedomlife3623

8 ай бұрын

A lot of work extended health plan already has travel insurance, my covers up to 60 days. Also premier credit card also has trip interruption and cancellation coverage along with Medical travel insurance. You just have to find out the detail.

I was let go after 37 years with a company. I was told I could financially retire and it has been six months and honestly I’m a little freaked out. Earning money for so long and working towards retirement and suddenly not earning an income is a mental struggle. your video helps a bit. Thank you. Mentally I’m just not prepared for it yet. Everyone tells me I should be excited and thrilled to retire, but I’m not at that point. I was a workaholic and this is a big change.

@ThisIsOurRetirement

8 ай бұрын

We felt better after we did a net worth statement and budget, after the budget we multiplied what we thought would be our life expectancy and divided it by net worth. Also are you receiving government pensions if you are 60 or 65, it gets better when you get SS in USA or CPP and OAS in Canada. Good luck and hang in, it will get better.

@Dbatem

8 ай бұрын

@@ThisIsOurRetirement thanks did both the financials line up…just mentally hard to get to the spend side..and not save after so many years. Thinking part-time might be a good bridge for a year or two.

I really enjoy your video's. I was doing research on bank savings rates thanks to a previous video of yours. Noting that a lot are offering promo rates for 5 months or so, then pulling the bait & switch for a lower annual return. I looked at Wealth Simple to see what they're offering. Turns out they'll pay 4% annual. Calculated daily, paid monthly. 4.5% if you hold 100k with them, and 5% if you hold 500k with them. Can be any type of account. RRSP TFSA LIRA, etc. Sharing this because you guys really helped me focus on trying to find the best paying yield without locking into a GIC. Cheers.

@ThisIsOurRetirement

8 ай бұрын

Thanks Dave we appreciate it!

Remind low income people that there is a Rebate on their Hydro Bill . Ontario Energy Rebate . I get 40 a month off my hydro . You have to be actually paying the bill if you are renting . But if you own your home and are low income you can apply . It goes on income and how many people in the house .

Thanks Tina & Norm these are great points. Our question is what are your plans for Long Term Care as you age and need more assistance. We are looking into self funding ours or maybe purchasing an insurance policy. We would like to hear your opinion. Thanks.

Hi Tina and Norm, which insurance company did you both buy the travel insurance? Thank you so much for your advice.😊

@ThisIsOurRetirement

8 ай бұрын

Yes we have a no cost MasterCard through BMO and the cc offered a “total travel protection policy”, underwritten by Allianz insurance and TD Insurance offers a top for after our 31 days. Thanks for watching and have a wonderful weekend Cheers 🍁🙂🍷

How people afford two homes in retirement is beyond my middle class purse. One house is enough!!!!

@ThisIsOurRetirement

8 ай бұрын

very true

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them.

@ThisIsOurRetirement

8 ай бұрын

Thanks for watching have a great day Cheers 🙂🍁

Thanks again Norm and Tina for another informative video. What insurance company do you use for travel. All my Banking is with TD and you had mentioned them.

@ThisIsOurRetirement

8 ай бұрын

BMO MasterCard

@ThisIsOurRetirement

8 ай бұрын

We use TD for top up , our plan is with Allianz through BMO the plan is on our Credit card 💳 Cheers 🍻🍁🙂

What a lovely couple 🌿

@ThisIsOurRetirement

8 ай бұрын

You are so kind

fun video and informational. I envy your retirement life. I got 7.5 years to go.

@ThisIsOurRetirement

8 ай бұрын

Thank you Christopher, you still have time to fine tune your savings and investments. Good luck.

Hi Tina & Norm...LOVE your videos, super informative! I have a question on the annual travel insurance - I'm 55 and my hubby is 64, and I want to buy this insurance as we are headed to Europe for 2+ months, also have a few smaller trips coming up and don't want to buy the "one of" insurance...can you share more about the annual travel insurance, and where did you buy it? Any help you can give me would be super great...thanks!

@ThisIsOurRetirement

8 ай бұрын

Hi Eileen it’s a travel insurance policy on our BMO credit card with Allianz and covers up to 31 days then we get TD to do a top up for the extra days .You need to apply in your name as you are the youngest good luck and enjoy your trips Cheers 🍁🙂🍷

Some great advice especially regarding insurance before 65. I’m 62 and will probably retire next year. I work for the government so my Sun life covers everything including travel. I will loose than when I retire. I do bank with TD however can you tell me what insurance company you use? You mentioned TD for a top up after 30 days but not your primary insurance coverage. Thanks and safe travels.

@ThisIsOurRetirement

8 ай бұрын

We bought a total travel and medical protection policy from the Bank of Montreal through their no fee Air Miles Mastercard. The benefits now have been reduced since we bought it 15 years ago.

👍👍✌️ Debt free is stress free

@ThisIsOurRetirement

8 ай бұрын

Very true 🙂🍁☕️