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.

@TylerJamestown

16 күн бұрын

Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.

@StocksWolf752

16 күн бұрын

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.

@LiaStrings

16 күн бұрын

wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisor please, if you don’t mind me asking? in dire need of asset allocation

@StocksWolf752

16 күн бұрын

Sonya lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@lolitashaniel2342

12 сағат бұрын

I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

@VioletJessica-

15 күн бұрын

I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

@FernandoBowen-78

15 күн бұрын

@@VioletJessica- That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

@VioletJessica-

15 күн бұрын

@@FernandoBowen-78 My advisor is Victoria Carmen Santaella;

@VioletJessica-

15 күн бұрын

You can look her up online

@FlorentGulliver

15 күн бұрын

@@VioletJessica- The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

@EdmundEthan093

5 күн бұрын

Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings losing value because of high inflation. Where else can we keep our money?

@roxdietren

5 күн бұрын

@@EdmundEthan093 Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

@EdmundEthan093

5 күн бұрын

@@roxdietren this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation

@roxdietren

5 күн бұрын

@@EdmundEthan093 My CFA ’claire robert's durand’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

@natureboy1313

3 күн бұрын

@@roxdietren And here comes the scam.

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

@JacquelinePerrira

2 ай бұрын

Consider buying stocks when the economy is not doing well, like during a recession. It could be a chance to buy them at a lower price and sell later when prices go up. Just keep in mind, this isn't financial advice, but sometimes it's better than keeping a lot of cash.

@LindaHaire

2 ай бұрын

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

@martingiavarini

2 ай бұрын

Mind if I ask you to recommend this particular coach you using their service?

@LindaHaire

2 ай бұрын

Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

@martingiavarini

2 ай бұрын

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.

@carolpaige2

Ай бұрын

Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.

@Johnlarry12

Ай бұрын

I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!

@KevinClarke9

Ай бұрын

who is your advisor please, if you don't mind me asking?

@Johnlarry12

Ай бұрын

Carol Vivian Constable is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@KevinClarke9

Ай бұрын

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

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.

@Mrshuster

Ай бұрын

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.

@Peterl4290

Ай бұрын

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.

@sabastinenoah

Ай бұрын

Please pardon me, who guides you on the process of it all?

@Peterl4290

Ай бұрын

Her name is “VIVIAN CAROL GIOIA” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

@sabastinenoah

Ай бұрын

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

The concept of mini-retirement changed my life. I'm no longer waiting for some retirement paradise when I'm 65. It helps to know how to fund the lifestyle. You know, making money while you sip that piña colada by the beach does help. I wouldn't have been able to do it otherwise.

@albacus2400BC

2 ай бұрын

Yeah, people miss that part. You don't jet out to Puerto Rico with your life savings. Proper investing and a good business acumen are big pluses. Invest in the stock market, real estate, build businesses. That's just it.

@ericmendels

2 ай бұрын

Safe to say not everybody has the skill to pursue investing. But it's always easy to follow the advice of someone who knows how to i.e a financial advisor. You could anywhere between 10--40k with the right ones. Online businesses are a good bet too if you are savvy.

@gregorywhem

2 ай бұрын

I think most people want to try out a financial advisor, but the amount of information on the internet is overwhelming. Could recommend any good one(s)?

@ericmendels

2 ай бұрын

Overwhelming indeed. Maybe check out Sharon Lynne Hart. She's got a contact website. She's excellent and I work with her currently. I worked with one Kelvin in the long past. You could look him up too.

@FeelMyTruth

2 ай бұрын

I agree. Taking mini-retirements is the only way to not postpone your life into a future you are not assured of.

Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?

@Dannyholt33

Ай бұрын

as most investing-related questions, the answer is, it depends.. my best suggestion is to consider advisory management

@PatrickLloyd-

Ай бұрын

Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around 300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.

@PhilipDunk

Ай бұрын

this is huge! mind if I look up the advisr that guides you please? only invest in my 401k through my employer for now, but enthused about diversifying my investments for a prosperous financial future

@PatrickLloyd-

Ай бұрын

‘Amber Dawn Brummit’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@PhilipDunk

Ай бұрын

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.

@michealliam8189

4 ай бұрын

Nice way to retire. For me, I believe 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 wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.

@joshbarney114

4 ай бұрын

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.

@rogerwheelers4322

4 ай бұрын

It's 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 $875k 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.

@Eddy-Hope

4 ай бұрын

☝️

@rogerwheelers4322

4 ай бұрын

Finding financial advisors like Natalie Noel Burns who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

I retired last October at age 53 … worked 37years on the railway and now my health isn’t great … I now live a simple life with photography as my hobby … keep up the good work you do

@Eddy-Hope

5 ай бұрын

Thanks for sharing Mick 👍🏻

@peterfritzphoto

5 ай бұрын

Photography is one of the best elixirs in life - especially landscape photography.

@joelhemms2448

5 ай бұрын

Very informative and thought provoking….thank you!

@paulbutterworthbillericay

5 ай бұрын

What discipline on the railways did you work, I was OHL for 17 years. I enjoyed it, but I felt like Ben Hur towards the end chained to the Galley oars

@bigmickphotography

5 ай бұрын

@@paulbutterworthbillericay I went from working on the platforms too working in the gangs … then the last 22 years as a welder

I've been diligently working, saving, and investing towards financial freedom and early retirement. However, the economy's downturn since the pandemic has significantly eroded my portfolio. My question now is: Should I continue contributing to my portfolio in these unstable markets, or should I explore alternative sectors?

@Sampson-jh7yq

Ай бұрын

Yeah, people miss that part. You don't jet out to Puerto Rico with your life savings. Proper investing and a good business acumen are big pluses. Invest in the stock market, real estate, build businesses. That's just it.

@alicegomez7232

Ай бұрын

It's safe to state that not everyone possesses the aptitude for investing. However, it's always simple to heed the guidance of an expert, such as a financial advisor. The range of 10-40k is possible with the appropriate ones. If you're smart, online enterprises are also a fantastic investment.

@RuthEvelyn-rc3bg

Ай бұрын

Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

@alicegomez7232

Ай бұрын

There are many independent advisors to choose from. But I work with Monica Shawn Marti and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.

@CrystalJoy-32

Ай бұрын

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

About to retire and unsure if my 401(k) and IRA will provide a stable future. i need an approach that will align with my risk tolerance and financial goals, i set aside $1m to achieve this. Do you suggest i get into stocks or buy a rental property?

@HildaBennet

Ай бұрын

Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio.

@FinnBraylon

Ай бұрын

I agree. Based on personal experience working with a financial manager, I currently have ($2million) in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

@JosephineKenney

Ай бұрын

Your manager must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

@FinnBraylon

Ай бұрын

I work with Sharon Lee Peoples as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.

@JosephineKenney

Ай бұрын

I find this informative, truly appreciate it.. just inputted Ther name on the web, spotted her consulting page, and was able to send my inquiry across, i'm hoping to end the year winning !

I always think about my late father. Born in 1912 he started full time work at 13. He was injured in WWII (18 months in hospital) and when he came back his employer told him his job had gone to someone else, cut his wages and demoted him. He worked till 65 and got cancer within a year, died in two. All the poor bugger wanted was a nice garden to enjoy. Governments don’t care about you. Employers don’t care about you. World events don’t care about you. Retire when you can.

@DBSYT

5 ай бұрын

🙏❤️

@paulb5680

5 ай бұрын

Yep, exactly. We weren’t put on this earth to spend our entire lives going to work in the dark and coming home in the dark. I know it is really hard financially,especially for younger people now but I truly believe that you should retire as early as you can if that’s what you want.

@Stigman101

5 ай бұрын

Yep as my responce..

@macflod

5 ай бұрын

Agree- similar story with my poor mother, she put all her very little wage jnto her kids- she never complained and did enjoy life over the years. She diagnosed with early onset dementia months before she retired. She got a 2-3 years but people already treated her differently after a year and then after that it was just more the disease than her she went into care full time and slowly disappeared :( All she wanted was to walk the dog and do news paper crosswords

@Valehass

5 ай бұрын

Absolutely, your employer wont be there to help you apply for disability after years of never taking a sick day. The government wont make it easy for life long tax payers to get the allowance they need in old age.

I worked my butt off from the age of 17. I paid off the mortgage and retired at 48. Now aged 70, I have experienced 22 years of real freedom. I have spent quality time with my son and two grandsons which would have been impossible if I had worked until 65. I realised early on in life, money cannot buy happiness and today's consumerism traps people into a spiral of personal debt. At the end of the day, whatever we accumulate during our lives cannot be taken with us when it is our time.

@pauldeal68

5 ай бұрын

I'm mortgage free but can't bloody retire ...who pays the other bills

@Nate1975

5 ай бұрын

@@pauldeal68 same here, it’s all about being able to afford to retire early

@mikesweeney651

5 ай бұрын

@@pauldeal68I’m in the same position

@selwynleacock6601

5 ай бұрын

100 percent

@unknowngoogleuser4372

5 ай бұрын

I'm in the same position, retired at 48.

if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries.

@tahirisaid2693

2 ай бұрын

Well said, with the help of the an investment advi-sor, I diversified my 62K portfolio across many markets and in a matter of months, I was able to produce over 356K in net profit from high dividend yield equities, bonds, and exchange-traded funds (ETFs)

@Williamesq12327

2 ай бұрын

wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you dont mind me asking? in dire need of asset allocation

@natureboy1313

2 ай бұрын

​@@Williamesq12327scammer

*I was homeless, got into drug's went to prison and then I got to know Jesus and he changed my life...Heaven came through for me in my finances too, getting $50,000 in 2months . I can support God's work and give back to my community. God is absolutely more than enough! Now I have a new identity and a child of God*

@BettyFoster-yv3fe

Ай бұрын

I started pretty low investing in forex though with $2000 thereabouts. The returns came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Ava Brenda Harry is a Blessing to my life

@AndreasBergman-yj4em

Ай бұрын

I know this lady just mentioned here . She's really good with and on her job. She's helped a couple of families and individuals' finances

@TuomasIhalainen

Ай бұрын

I think I'm blessed if not I wouldn't have met someone who is as spectacular as Ava Brenda Harry her successful story is every

@AdalynWong-iz6or

Ай бұрын

I and my family will forever be indebt to you, your a blessing to my family, thanks so much Mrs Ava

@DrewClark-qg8sg

Ай бұрын

Hello Can i get connected here in Switzerland 🇨🇭I keep hearing " Ava Brenda Harry " name being mentioned everywhere, my life is facing lots of challenges lately please how do I reach Her

Retired last year at 57 I’d had enough of the NHS after 27 years. Travelling into London everyday, grinding Sold the house in Essex and moved to Lincolnshire, love the place ❤ I’ve seen too many colleagues die before or immediately after retirement I’m now very happy, I don’t have to worry about ANYTHING and have no debt, great friends and an awesome wife.

@pauldeal68

5 ай бұрын

Gold plated public sector

@bobjames6622

5 ай бұрын

@@pauldeal68 Ah, we've found the Daily Fail reader among us! And, as we all know, ALL public sector workers only work 2 days a week, and spend the rest of the week playing golf, while wearing bowler hats and quaffing champagne like it's going out of fashion.

@tancreddehauteville764

5 ай бұрын

Easy for medics on £100k+ a year to retire early!!

@janecox4173

5 ай бұрын

Who said they were a medic?

@jaydunstan1618

5 ай бұрын

Ah, that is why the NHS collapsed - because you left at teatime on Friday 23rd October 2015! I knew it!

I retired age 56, I am 70 in a few weeks. Every day retired has been like being on holiday - it's brilliant.

@Healinglove

10 күн бұрын

How do you retire at 50???

@Healinglove

10 күн бұрын

Sorry, 56?

Great video. I lost half my pension by retiring at 50. It’s definitely not about money and the time with my family and now grandchildren has been priceless. I will be 70 next year and will celebrate 20 years of being in complete control of my life.

@Eddy-Hope

5 ай бұрын

☝️👊🏻

I retired at 55 and for the following 10 years I had the best hillwalking of my life both at home and abroad. I’m now 86 in reasonable health but incapable of doing the things I once did. But so happy I have the memories to look back on of taking advantage of my fit years to be able do what I wanted to do.

@hezekielmsibi

3 ай бұрын

Thanks a lot for sharing with us a bolt step. I also want to be free from taking instructions from another person every day even when you see it's not worth.

Brilliant Eddy, I retired at 53 nearly nine years ago, as you explained the key is planning your £ . Like you I haven’t looked back , nobody lies on their death bed saying “ I wish I had worked another ten years “ . Thank you for posting. 😊

@Eddy-Hope

5 ай бұрын

Cheers bud 👊🏻👍🏻

@duckman5642

5 ай бұрын

I'm 75 and still working, love it will die on the Job.

@SEANPOL203

5 ай бұрын

I know few workaholics who think about work every waking minute

@LS-gk4zc

5 ай бұрын

​@@duckman5642so in actual fact, on your death bed you might actually say you wished you'd worked another ten years. Proving the commenter above incorrect 😊

@cheguevara5560

5 ай бұрын

That thing you said about " dead bed " ha ha ha farking dead right ! So funny mate

Same here retired at 47 I'm 60 this year & I've never looked back, take on zero debt throughout your life & get that mortgage paid off as quick as poss, live a simplistic life & its doable, the great outdoors costs nowt👏👌👍

@Eddy-Hope

5 ай бұрын

Well said Will 👍🏻☝️

@nigelwatson2750

5 ай бұрын

100%

@stephencomer9276

5 ай бұрын

Take on Xero debt throughout your life and get that mortgage paid off did you really think that through before you sent the comment.youve been in debt for 25 years

@Daniel-jo4he

5 ай бұрын

@@stephencomer9276 most people don’t view a mortgage as a debt.

@badlefthook624

5 ай бұрын

​@stephencomer9276 I think what he was getting at was credit card debt, car finance, loans etc for material nonsense. A mortgage is a debt with a goal for stability long term and investment. It's quite simple really.

Health is the most important thing in life. I remember this proverb. A man with good health can dream of doing anything, a man with bad health only dreams of getting better.

one common challenge is accurately estimating the required savings. With increasing life expectancies, individuals often underestimate the amount needed for a secure retirement.

@Thomas-ff7wn

5 ай бұрын

That's true. In India, where the cost of living is rising, estimating retirement needs becomes more complex. Medical expenses, inflation, and maintaining a desired lifestyle all play crucial roles in the planning process. It's essential to account for these factors to avoid financial strain during retirement.

@V.stones

5 ай бұрын

Recently retired in germany, I faced the challenge of ensuring my savings would last. The initial projections didn't consider unexpected health costs and inflation's impact on living expenses. Engaging a financial advisor was a game-changer; they helped reassess my retirement plan, ensuring a more robust financial strategy.

@MONROEJACQ

5 ай бұрын

It sounds like consulting a financial advisor made a significant difference. I have seen alot around but i fail to know which to talk to for insights

@V.stones

5 ай бұрын

Work with some who has lots of experience and serched in FINRA site.

@V.stones

5 ай бұрын

Like NATHAN TRAVIS COOK

I retired at 45, 23 years ago. Spent 15 years living on the road (in Oz) and now homesteading in the bush. The best thing I ever did

@ChrissyC2021

5 ай бұрын

You must have had a pretty good job to be able to retire in oz at 45. Likewise I lived in the bush (ultima vitcoria). But couldn't retire....still had to do abit of work and to be honest it was very quiet there.

@GRAYnomad

5 ай бұрын

@@ChrissyC2021 We did both have good jobs, also didn't waste money on eating out, new cars etc. But the biggy is no kids 😁

@ChrissyC2021

5 ай бұрын

@GRAYnomad yeah kids are a huge sacrifice. Have you ever been Ultima/Lascelles/Swan Hill direction. Lived there for a few years. Nice people. Typical country folk but in general nice people.

@whitetroutchannel

5 ай бұрын

​@@GRAYnomadthe worst thing i ever did was wait till my 30s to have a kid, shuda done it in my 20s, lifed a good life but it all meant zero until id my son

@jaydunstan1618

5 ай бұрын

That is not true, I only saw you last week working the door at Club Borrawommba!

I'm 75 and still working as a road sweeper. It beats walking the streets.

@Eddy-Hope

5 ай бұрын

😂

@willringwood8095

5 ай бұрын

😂👌

@maryportfc

5 ай бұрын

I spend my time meditating - it beats sitting around doing nothing.@@willringwood8095

@DRILLBABYDRIL

5 ай бұрын

I thought a road sweeper has to walk the streets….. Go figure, right?

@wrcoles

5 ай бұрын

@@DRILLBABYDRILgod damn that went over your head eh Clay?

I would be retiring or working less in 5 years, and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $250K per year but nothing to show for it yet.

@rapp-in1mz

Ай бұрын

predicting short-term market movements is extremely difficult in reality. It also essentially requires the investor to be right twice: they must perfectly time both their entrance to and exit from the market.

@WalterDorcas

Ай бұрын

That is exactly the reason I stopped taking advise from KZreadrs; in the long run, I only end up with a jumbled collection of stocks and bonds. Whereas all I needed to earn over $350k in less than two years was guidance from a true market expert.

@bonner-qv3mi

Ай бұрын

I hope you don't mind if I ask you recommend this particular professional you use their service? I have quite a lots of difficulty sorting myself out in this downtime.

@WalterDorcas

Ай бұрын

"Angela Lynn Schilling" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.!!

@WalterDorcas

Ай бұрын

"Angela Lynn Schilling" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.!!

Was written off at 50! Started training in crumbling garage lifting rocks doing pushups on paint cans pullups on beams got ripped af at 53 years old!!!

@sazmc7642

5 ай бұрын

Just checked your channel garageman brutal training keep it up grandpa

@BananaGirl-yd4sv

5 ай бұрын

Crazy training on your channel garageman subbed!

@Deltron6060

4 ай бұрын

TRT?

I retired at 51, never looked back, I volunteer for a couple of charities, because I enjoy it and benefit from the mental stimulation. I have more interests than time to enjoy them. However a friend of mine was in a career with a retirement age of 50, he loved the first 6 months of retirement, doing all those household jobs he had put off, then with very few interests, he sat and watched daytime TV, had a breakdown, heart attack, divorce etc. Everything went down hill. So my advice is always think about how you will fill your time, sitting around watching TV or KZread is not an option if you value your mental and physical health and if you are married, remember it's a massive change for your partner too.

@4ce5bf154

4 ай бұрын

Yeah for a lot of persons retiring can be a living hell specially if you don't have hobbies and close friends/family around with lot of free time like you...

@stephenk0nig252

4 ай бұрын

I think that's spot on advice.

@max_dee

Ай бұрын

Yes - completely can relate to this. I had a 'practice run' taking 12 months leave to celebrate turning 50. Indeed the first 6 months were GOLD. Doing projects around the house that I never had time with F/T work, and just enjoying the FREEDOM and lack of accountability (OMG those winter mornings staying in your PJ's and doing the daily puzzles from the paper were amazing). But then after 6 months I was getting anxious about returning to work, seeking a different career, trying to find things to do around the place, and just ended up vegetating many weekdays and playing PC games....it really made me think if I would get bored doing this routine for the next 30 years....or at least waiting for my wife to catch up and retire herself. So back to work now, sitting on the fence, wondering...when to retire and give up the job I really don't enjoy anymore.

This is a great video. Unfortunately for me I’ve gone through my life in the complete opposite way. One divorce and two failed long term relationships have seen me lose everything. I’ve grafted all my life as a carpenter but living beyond my means to keep others happy has finished me off financially. It’s taken me until 53 years of age to realise that less is sometimes more and financial worry is a killer, often literally. I’ll likely never have a permanent home again and will be working for as long as my body will let me but I have some peace of mind at last and will do what I can to survive older age when it comes! Stay well and healthy, thanks for the video.

@TheB1nary

5 ай бұрын

Exactly the same, my friend!

@seasidegalaxystreet

5 ай бұрын

Exactly the same for me.

@thomaswillans4085

5 ай бұрын

Good luck mate 👍🏻

@donnaleepatzer5642

5 ай бұрын

I feel bad for you. That is one thing I tell my kids all the time. Your partner you choose and your relationship are going to make you or break you. The most important decision you’ll ever make (or close to!)

@aficio698

5 ай бұрын

Taken 2d cleaners by the devil! From then I decided I would never let put myself in that position again.

40 now, and everything is paid for. Fortunately, I had a college economics teacher who taught me a lesson when I was 18 years old. That lesson was: you can't buy something else for every purchase you make. Having multiple sources of income is prudent, as is living within your means. I have a 13-year-old vehicle because it is all I need, I like it, and I can do whatever I want with it. My net worth is $900k, and I can pay my bills without stress, but I don't live like I have that. I have no complaints.

@JulieAnn-hn6rt

2 ай бұрын

I fully agree; I'm 56 years old and recently retired with approximately 1.2 million in outside retirement funds, no debt, and very few dollars in retirement funds in comparison to my portfolio balance over the last three years. To be honest, the financial advisor's role can only be ignored, not dismissed. Therefore do your research to get a reputable one and that should be any individuals main route into the market.

@maryHenokNft

2 ай бұрын

I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

@maryHenokNft

2 ай бұрын

The decision on when to pick an Adviser is a very personal one. I take guidance from *Gertrude Margaret Quinto* to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

@StellaMaris-lv2uq

2 ай бұрын

My needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it.

Agree 100%. I planned my retirement for 53 (retired 10 years), my dad died and 53 so I decided that was it for me. I took up motorcycling and love it

@napoleano2748

4 ай бұрын

I also think like you do, my father passed away at 56 and i'm now 58/59 in June. I keep hinting to my wife that i've pretty much had it with the working world but to no avail lol! Planned is to retire early at age 63 but i'm starting to have my doubts. We have no mortgage and have money saved. The only real worry I have is with medical insurance and how that would play out. We live in Germany.

Retired at 42 and moved to Spain. Enjoining every day, blood pressure down to normal, headaches reduced to once or twice a year. Never missed work for a second.

@keepitreal1547

5 ай бұрын

How are you managing the post Brexit restrictions, are you finding it OK? Visa etc?

@pujapete3665

5 ай бұрын

what are you living on?....

@keepitreal1547

5 ай бұрын

@@pujapete3665 I'm absolutely positive that he's living on food & liquids, just like everyone else 😋

@mrnoisy4883

5 ай бұрын

Did you win lottery or early bitcoin investor??

@VoiceOfThe

5 ай бұрын

Cool. I left U.K. August 2021, sold up and invested everything, retired at 47. Live in Cyprus at the moment. Considering moving to Bali though in 2025 as you get more bang for your buck.

I retired at 50 too. To wake up every morning not having to worry about work at the rat race is priceless 😊

@ostrajazda7507

4 ай бұрын

I would love to look at your financial statement. I wonder what your net worth is; do you own a house? What are your monthly bills and expenses, as well as your investments? Most people hide their financials for various reasons, such as fearing robbery. I partially understand this, as those nearby might become jealous and try to make our lives harder. However, I believe it is easier to share our finances with strangers; some people do. There is a guy on KZread, IsainvestorUK, who shows his investment portfolio and provides updates online. Additionally, there is a girl in London named Marta Lis who shares her ISA and other accounts, and she is financially free. So many people showing their life free of work,but they don't mention one very important aspect: finances. I might do my channel one day too.

@Chubby713

4 ай бұрын

Well done Mr smug 😂

@svuvmdv4608

4 ай бұрын

Do you live in the west? do you rent or own? what city?

@nicke6394

3 ай бұрын

Just retired at 56! Huge relief from the stress I was facing. As a very wise old man told me in my early 20’s …., “Life is not a rehearsal son”. No truer words said 👍

@nicke6394

3 ай бұрын

@@GlobRes no I retired without hitting my financial goal. I’ve just cut my cloth accordingly.

Video really resonated with my own situation......thanks for creating and posting, useful resource for me to refer to when needed.

Really pleased for you Eddy. And, great video. I took a "Special Early Retirement" last year at 57. It was the best decision I have made! I'd been off work due to depression/anxiety and bereavement. i.e. cared for my Dad in his last 7 months of life. Then my sister took her own life. Wirk had a discussion with me and I agreed a separation. You realise that life is too short to waste, especially after bereavements. I've convinced my wife to retire later this year. She's just had a health scare so she's now 100% convinced! Time and health have to come first.

@Eddy-Hope

5 ай бұрын

Thanks for sharing Phil ☝️👊🏻

Enjoyed your video, the decisions you took remind me of my dad, i lost him in October 2023, he was a retired Police Officer, and retired at 51, he did 30yrs although his health was deteriorating. Like you he got rid of his car, and joined a walking club, always going to the lakes, best thing he did was retire, he had a good fullfiling retired life, kept himself active, and was 84 when he passed away. So proud of him, and i miss him every day.

Working in a cemetery two things are always upsetting, firstly burying children and secondly burying folks on the verge of retirement in their mid 60s ⚰

@user-sf7kl9uh7k

5 ай бұрын

That's life, people are on average living longer.

@wingnut71

5 ай бұрын

Worked with a fella who was coming up to retirement. A real nice guy who would help anyone with anything. He told me he was looking forward to the day he retired. The Poor sod fell down the stairs at home and hit his head. Not wanting to bother the ambulance service he phoned his ex-wife instead, but she didn't answer. He passed out soon after and died alone in his living room. You never know what is in store for you in this life.

@user-sf7kl9uh7k

5 ай бұрын

@@wingnut71 Sad story, he was just unlucky.

@darrenedwards6538

5 ай бұрын

Listen to the government….everyone is living longer!! If you say it enough times people will just believe it!!!

@user-sf7kl9uh7k

5 ай бұрын

@@darrenedwards6538 Yeah, do you also ignore people that claim the earth is round?

I semi retired at 50 , chosing to work in a care home for 20 hours a week on mimimum wage. It was the best decision ever . When you see people having worked all their lives end up in poor health and having to give up the family home to pay for care ,it puts life into perspective. Do what ever it takes to give up full time work. Don't take expensive holidays,give up the car ,live in the smallest house/caravan ,eat proper food live simply. You will not regret it. But like anything worth doing it takes courage and effort.

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

@AmeliaJohnson-ow6ew

4 ай бұрын

Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

@RaffaellaRanaudo

4 ай бұрын

@@AmeliaJohnson-ow6ewYou have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

@AlexKowalski-mp3gu

4 ай бұрын

@@RaffaellaRanaudo I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

@RaffaellaRanaudo

4 ай бұрын

@@AlexKowalski-mp3gu The financial advisor I work with is *NICOLE ANASTASIA PLUMLEE* . .

@HelenHoltman

4 ай бұрын

There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts

Eddy, I am so happy to have found your channel. I am in a very similar position so your words really hit home. I am currently 52 years old, nearly 53. I served in the military for 25 years and am currently just over 9 years in as a police officer. I plan to drag it out till i am 55….depending on how many times i can stand being punched, verbally abused and spat on. I am literally clinging on. I have just bought myself a campervan in preparation for retirement and to start planning and getting used to it now…..ready for my next adventure. I am also enjoying it now and it allows me quality enjoyable stress free rest days. Thanks for letting me know it’s doable.

@Eddy-Hope

5 ай бұрын

Thanks for sharing Jude. I feel your pain! I bought a campervan when I retired and had plans to travel. Keep me updated 👍🏻

@hilarygibson3150

5 ай бұрын

I retired a little before my 55th birthday. I bought a narrowboat, great community, move between brief city centre stops to top up the shopping and off into the beautiful countryside. You will enjoy it.

@stevenhull5025

5 ай бұрын

How about a road trip from the UK through Europe and on to Asia in the campervan?? That would be an epic journey. With military and police training and skills the journey would compliment them.

@chrisfox3161

5 ай бұрын

Jude, dude. We bought ourselves a campervan too. It's brilliant. Big community of old farts out there doing the same thing. It's a complete blast.

@throughtheeyesofachild61_45

5 ай бұрын

I wish you all the best Jude 👍🏻😃

The KZread algorithm has worked. perfectly. This video randomly came up on my feed. OMG. if ever there was a perfect time for me to watch this video, it's now! I too am 57, have worked for the ambulance service for 20 years, amongst a other things and too many times in my job I have seen couples in tears as we are rushing patients into ED with various ailments telling me, they have worked hard all their lives, only to be dealt with a sudden unexpected event, such as heart attack, or stroke. I have witnessed this too many times & like you I firmly believe we only have one chance at life. Let's live it. Absolutely fantastic, genuinely thought provoking video - I too have a YT channel, and I love to travel, vlog, hike, bike, camp, van life blah blah, and this video has inspired me to do even more of it. Thank you so much. I cannot fully retire, but am going part time very soon, as I just cannot work nightshifts anymore. they kill me. And if ever I needed encouragement I am doing the right thing, this video has been it. Thanks again Eddy. Just subbed. Adam 💪

@keepitreal1547

5 ай бұрын

It worked for me also Adam I've now subscribed to your channel 😊

@roywit7836

5 ай бұрын

worked for me too. Just turned 50 and perfect timing for a bit of educated perspective

@johnconnor7163

5 ай бұрын

Me too. I had to take ill health retirement last year aged 52, my whole life perspective changed to now looking at having good next 20 yrs and spending my time wisely. Likewise it’s now more to do with experiences rather than things for me, my wife and youngs son (and dog).

I'm 57, 58 this year. I'm retiring in march next year. You're so right with your comments. 2 health scares have made me make my decision. Great video.

Hi, 17 yrs military, 21 years cop, myself. Not an easy life. Retired at 58 yrs . Absolutely love it. Please introduce your dogs as people like me want to hear about them. How you interact. Liked the video. See , feel the past pains. Hopefully they do fade with time.

@Eddy-Hope

5 ай бұрын

Will do, thank you Gary 👊🏻☝️

Got 3 weeks left of my 8 weeks notice at 56 going to retire. I have so many things I want to do whilst my health is still good. I've declutteted & started growing my own food a few years ago. I'm so excited about my next adventure of living. I'm not materialist so that's a big win as far as I'm concerned. It's about the quality of life from here on in.

@stephencomer9276

5 ай бұрын

Send me a few tips on how to grow fish chips and mushy peas

@angiej4865

5 ай бұрын

Troll....jealous troll@@stephencomer9276

@HALFSQUASHED

5 ай бұрын

@@stephencomer9276 1st one goes in the water, last 2 go in the ground 😉

@humanitylane

5 ай бұрын

@@stephencomer9276 😂

@magnuswalker7957

5 ай бұрын

Good luck for the future.

I'm 72 and still "work" but I believe in the contribution I make to the world and do not want to stop.

@StepDub

5 ай бұрын

70+ and still working. Poor pension arrangements and a disrupted career have limited my retirement choices. Must be nice to work in the union backed state sector and having those risking the choppy waters in the private sector pay for indexed salaries, guaranteed pensions and early retirement etc. But like yourself, the pros generally outweigh the cons most days and I have a good sense of self worth. Best of all is not having to evaluate every minor expense.

@enigma7791

5 ай бұрын

I've heard some excuses for poor planning but that's a corker lol

@moodobusiness

5 ай бұрын

I could retire at 40 but still working - on my own terms. It a structure with I personally enjoy

@VoiceOfThe

5 ай бұрын

@@enigma7791 Yes, it does sound like a cope. Fair enough if people love working, but, some people say stuff like this because they’re too scared to make changes. People will do more to avoid pain than they will to gain pleasure.

@bradshawvincent

5 ай бұрын

Watching this in Thailand! Aged 68 and retired at 66 . Sod staying in the cold UK and paying heating bills I'm spending 4 months out here every winter!!! I'm single with no responsibilities so why not?

How refreshing Eddy! You just popped up on my feed 😁🙏 Am 58 and have just given notice and leaving work end of April. I am taking my pension two years early and am good with what I will be getting. Stuff doesn’t mean much to me these days. I just want to dump that feeling that I have to work. I don’t! Good on you and thanks for the affirmation 🎉🎉

@Eddy-Hope

5 ай бұрын

Glad you found it useful Gina and thanks for sharing

Great video and that first point you make about the uncertain future in terms of your health and personal circumstances really resonated with me. I don't want to get too morose but I'm 53 and in the last 6 years 4 friends have passed away. I'm not talking face book friends or work acquaintances, I'm talking 4 people I've been very close to - or had been very close to😔 more accurately now - for over 30 years. 3 died in their late 40's and the other just last year at 51. All of them it was very fast. A heart attack, a grand mal seizure/ aneurysm and 2 who found out they had cancer when it eas already very advanced and both were gone inside 20 months. The point of that depression tale is that I know all of them were making retirement plans for a future 5, 10, 15 years off that will never come. It put me in a dark place but it also lit a fire under me and I brought forward my own retirement plans 5 years and stopped just 6 months ago now. When I read comments on vlogs of people retired in Thailand etc and people in the comments are saying things like - "that's me in 8 years just counting down the days" I just find myself shaking my head. People talk about the future like its a certainty, you're guaranteed your 4 score years and 10 at the very least in this day and age. Hopefully you will and much more - but nothing is a given beyond right now. Obviously rushing into retirement with no financial planning or idea about how and where you'll live would be foolish don't get me wrong. But equally I think its important to really keep focused on the now and if you want to retire ( and of course some people absolutely love what they do and don't which is totally fine) try to figure out what you NEED to achieve that as opposed to erecting unnecessary barriers. Just my 2 cents.

I was laid off and retired 2 days before my 49th birthday, it’s one of the best things that has happened to me in a long time and now enjoying life

@pauldeal68

5 ай бұрын

What u living on ....gold plated public sector probably

68 and retired but still work 2 days a week doing deep cleans on ambulances....don't need the cash but it's a reason to get up in the morning, socialise and keep active...live near the Lake District with plenty of opportunities to get out and about, weather permitting.

@LilyGazou

5 ай бұрын

Sounds like a good plan.

Fantastic! The KZread algorithm has served me well in finding you, Eddy. I thoroughly enjoyed your video and quickly subscribed. I retired at fifty with very little education, so I have been addressing that part-time, and in the summer, I like bike-packing around the UK with friends. Fresh air and movement are the best anti-depressants available.

@Eddy-Hope

5 ай бұрын

👊🏻☝️

I RETIRED AT AGE 50 AND DIDN'T REGRET IT - I NEVER HAD ANY FREEDOM FROM WORK - NOW I DO - I EVEN WROTE A BOOK - I AM HAPPIER NOW WITH ALOT MORE FAMILY AND ME TIME -- ALL I CAN SAY IS - THANK YOU GOD! FOR EVERYTHING BECAUSE ITS TRUE LIFE IS TOO SHORT. 👀

I retired in 2016 at age 61. I approached my decision to retire the same way I had approached my decision to have children many years ago. That is "if you wait until you can afford it, you'll never do it!" I sat down at age 60 and made a plan and figured it out. Best thing I ever did.

I became semi retired at 55. I now do part time food delivery on a 125 scooter. I happen to have paid off my mortgage at that time, kids grown and left home, so we needed less money. I love riding the scooter and feel healthier then when I was 40. Still have a small car, diesel smart car, cheap to run, we often visit the forest with our dog Max and generally walk a lot. Don't smoke, don't drink and not interested in spending £5 on a coffee, love picnics with my wife and dog. You've discovered that less is more!

Eddy, your video has seriously resonated with me. I’m now 55 and cannot get the thought of retirement ASAP out of my head. To do so isn’t going to mean I can live an extravagant life, quite the opposite. The money isn’t the motivating factor for me, it’s the chance to spend my remaining years the way I want to without being a slave to someone else’s rhythm. I’m about to embark on a similar KZread journey myself and it’s refreshing to see your video.

@Eddy-Hope

5 ай бұрын

👊🏻👍🏻☝️

@andrewhoughton-py1hq

5 ай бұрын

Less is more 😊

Retired at 55 several years ago, $1m in the bank. More time with my wife. 3-5 trips to the gym each week that I couldn’t do while working. Way less stress. More time for hobbies. Cycled 5,000 miles my 1st year of retirement. Joined a golf league that work travel had prevented. Actually have seen our net worth INCREASE nearly each year in retirement, thanks to no debt and years of dedicated investing with my FA Dianne Sarah Olson who made me a million after giving her a sum of one hundred and eighty thousand to start. Now i'm able to help my elderly mom more. Way more time spent outdoors with my family. Life is good!

@ericwilde4583

4 ай бұрын

smart, You've done well for yourself. It’s all about accumulating wealth through compound interest investment

@katelynrenesse4798

4 ай бұрын

Hi, i'm 54 and already planning ahead for my retirement, i know it's really early but i'm working really hard to retire by 60. I've been working as an accountant for an AUTO company for 12 years and i already have close to 100+ saved but i don't know where to start. Can your Fa invest it for me please? i don't think i can do it myself. please i need a reply

@stanleyfujiwara1394

4 ай бұрын

I admire your hard work and i must say you're well on your way to retiring early. Look her up, she's not hard to find. Goodluck

@Tipberends

4 ай бұрын

out of curiosity i did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply. Thanks for the tip

@katelynrenesse4798

4 ай бұрын

reached out to her through her website and her responses were articulated. I'm more confident working with her now

You're dead right about needing a purpose. I retired 4 years go at 56, after 2 years I could feel myself deteriorating. Got a part time job and immediately felt like I had a purpose again, only importantly with no stress attached. Now loving retirement.

@Eddy-Hope

5 ай бұрын

Excellent stuff mate 👍🏻

@wl660

5 ай бұрын

But you are not retired if you are working

@AlanBrownPhotography

5 ай бұрын

Retired from a full-time job..........

@wl660

5 ай бұрын

@@AlanBrownPhotography Yes, agreed. That’s NOT retired from working.

@alistairtaylor4989

5 ай бұрын

Not technically retired, but I’m sure it feels like retirement as the part time job is probably more like a hobby/interest than a stressful job. I am in the same boat as I retired a couple of years ago from my career and a few months later started casual work. I still feel retired as I have completed control over the frequency and amount of work I do. The financial reward is also not the reason for working as it is more about fulfilment.

Retired at 51 and it is fantastic. I'm now mid 50s and seeing peers dying of heart issues and cancer. Get out while you can. If you can get your mortgage cleared, it's quite easy to budget and live a reasonable life.

@willringwood8095

5 ай бұрын

Now seeing peers dying of heart issues & cancer, yep thanks to that life saving Jibjab👍

@getawayhs2856

5 ай бұрын

@@willringwood8095 Just about to say exactly the same thing - so glad I decided not to take them.

@bobjames6622

5 ай бұрын

@@willringwood8095 Ah, but don't forget just how safe and effective it was!

@tancreddehauteville764

5 ай бұрын

Pubic sector employee on a final salary pension?

@LilyGazou

5 ай бұрын

Avoid the needles.

Fellow police officer here. Thanks for your service. I am currently in the investigations division, and I have 4 years and 9 months until I can retire with a 27-year pension. I could work longer and earn more money, but I'm going to cash my chips in while I still have them in my hand. Health and time become huge factors in that decision as you stated. I have always loved my career, but with media and society's lack of accountability, it has grown increasing more difficult to continue. Congratulations on fighting the good fight and living long enough to see your pension. I tell everyone that this is the type of career where you are one bad day away from losing everything you've worked so hard for, so congrats.

@Eddy-Hope

4 ай бұрын

Thanks for sharing Dale 👊🏻👍🏻

Great video - I couldn't agree more - I had a very similar set of thoughts about time versus money and managed to retire at 47 (I'm now 56) and like you keep myself busy with my "side hustle" which again like you is a KZread channel. I don't regret it for one moment, in the time since I strated doing the stuff I like doing (rather than having to do) I have lost two similar aged friends as me to cancer, and have another pal just diagnosed - you never know what's around the corner....enjoy life as soon as you can is my advice! Best of luck to you and thanks for posting this video...

@Eddy-Hope

5 ай бұрын

☝️👊🏻

Retired at 55 after 35 years running very busy central London tube stations round the clock shifts..I knew it was killing me so I retired early.even though the car had to go and the wife buggered off three years in, I replaced them with a Honda 750 and a French bulldog..retired almost 8 years now and have not regretted a single day.time is all any of us have and none of us know how much we have left we wasn't put on this earth to work your life away and die.the question is not why retire early..the real question is why on earth wouldn't you.all the best.

I quit my NHS role at 55. Currently living a leaner life for sure, but as I no longer got any joy from my work it was time to go. I now have fun painting and drawing and volunteer at a local aviation museum. Life has so much more meaning and if I get a day when I don’t want to do anything I don’t have to. While in the NHS, I saw far too many good people who had worked all there days in expectation of enjoying a long and happy retirement only to be told their cancer was terminal. Life’s too short so grab life while you can.

@Eddy-Hope

5 ай бұрын

☝️

Hello and thank you for this encouraging video. While your video was not the catalyst for my own situation, I agree with many of the points you made supporting early retirement. I turned 50 in January and I retire next week (end of April). I plan on prioritizing many of the same things you outlined in this video. Spend more time with family/friends, take more time to exercise and be healthy, and pursue my hobbies (photography/drums/travel). People keep asking me what am I going to do once I am retired. I tell them I’m going to enjoy life and try to minimize stress. I hope you continue to enjoy a healthy and happy retirement. Thanks again.

@Eddy-Hope

3 ай бұрын

☝️👊🏻👍🏻

Brilliant topic - full of wisdom for a 34 year old viewer. Life is mo dress rehearsal - one shot. Wishing you a blessed Sunday ❤

As my GP said to me when I walked in the surgery feeling totally burned out from working 7 days a week running my business and feeling responsible for all the staff, I recall his words ‘Martin something has to change, and now, please understand that your health is your greatest wealth’ that was my moment of realisation. I’ve now transitioned the business into an employee owned business and gradually letting the staff take the reigns. I’m not retired yet but slowing down and doing less days

Done this at 45 . I’m soooo happy . It’s the best feeling ever . Would not change a thing . Great video Eddie . Long my you enjoy your life

Hey Eddy, your video popped up in my feed and I soon noticed that you’re a local lad. I’m just down the road in. Teesside. Just subscribed! I’m 48 and although I have no intention of retiring yet I do run my own online business that allows me to live / work from anywhere and it’s super flexible so I’m not tied to working any specific days / weeks. Most of the business is programmed to run itself. When I work I’m essentially working on creating new projects that in turn will bring in money. So I do feel blessed and I love what I do. I rented my house out last year and have already spent 5 weeks in Bali, 3 weeks in Thailand and 3 weeks in India this last few months. Heading to Australia, Bali and Vietnam in a few months from now, with a couple of European trips in the meantime. Life is 100% for living and keeping your overheads and outgoings low is key so I completely agree with that. Consumerism prevents many people from retiring early or travelling. Keep up the good work!

@Eddy-Hope

5 ай бұрын

👊🏻

Nice video, thanks for all your thoughts and considerations. It makes me think again on what choices to make…

Life balance is so important and it’s too easy to get sucked into the system, like ‘keeping up with the Jones’. Time and health are the most valuable things because without them we all have nothing! Get out there and do it, whilst we can - that’s my mantra!! Great video Eddy 👍

@Eddy-Hope

5 ай бұрын

Well said ☝️

@VoiceOfThe

5 ай бұрын

“We buy stuff we don’t need with money we don’t have to impress people we don’t like”. The vast majority of people in the U.K. live their lives this way.

Spot on - cars are a big financial drain, and we become hostage to them.

@Eddy-Hope

5 ай бұрын

Definitely ☝️

@stevenhull5025

5 ай бұрын

So are mortgages especially when you consider interest actually doubles the price you paid.

@throughtheeyesofachild61_45

5 ай бұрын

Cars, mortgages, credit, food 🤷🏼‍♀️🥺is crippling so many. Poverty stricken Britain 🇬🇧 such a sad state 🤦🏼‍♀️ it’s scary; I worry for my young grandchildren, i mean what is life going to be like for them? I dread to imagine to be honest. And homelessness is rife right now!

@enigma7791

5 ай бұрын

Just something else to stress about. Cars are a money pit!

@simonsmanor

5 ай бұрын

@@throughtheeyesofachild61_45 they need to leave mine will I'm sure

I retired just Christmas 2023 , at age 57 and I honestly think it's the best thing I ever did. I was a painter and decorator for Greenwich council and I had got to the point where I dreaded every Monday morning. I spend my time now doing what I want and not what someone else is telling me to do 😊

Eddy you are spot on. Iv got the same mind set as you and have for a good few years now. Iv always cut my cloth to suit and im more than happy with the simple things in life and never take them for granted either!!!. I have a small terraced house very nearly paid off and have never wanted or needed to upgrade. I drive a 22year old small car and I’m more than happy with my lot. I’m planning on retiring in the next couple of years and doing exactly what you’re doing.👍 life is too short. Thanks for the video and I wish you well mate.👍

@Eddy-Hope

5 ай бұрын

☝️👊🏻

Hi Eddie I just stumbled across your channel 😊 excellent tips. I retired last year at 53 . I had planned my retirement for many years, hoping to go at 50. I was in sales since 24 and on commission only, so I had the fortunate role to work when I chose. I started investing in the stock market 30 years ago and live off dividends paid mainly through isas. My key tips would be Retire debt free Have a structure or hobby. Accept that winter is more challenging 😊 mentally.. Make sure you have a good income coming in. And look after yourself mentally and physically 👍

Great quote, “if you’re not earning money, you’re spending money.” People need to think about their futures now as time creeps up very quickly.

@Eddy-Hope

5 ай бұрын

Cheers Richie 👍🏻

@elterco7

4 ай бұрын

If this is how you think, you will be making a mistake retiring -- ever.

@scrimmy45

4 ай бұрын

If money is not earned to be spent then what's it's purpose ? Enjoy trying to attach pockets to your shroud.

All the best to you!!! Thanks for this beautiful message… ❤🎉

Thank you Eddy - good thoughts you mention.

Hi there, it's amazing but your video just arrived into my feed at just the right time. As a nurse who will be 56 in May, I had intended to remain until at least 60 year of age. However, owing to all of the changes and introduction of metrics, performance indicators, tools, audits, more and more obligatory education courses, and a whole host of other bureaucratic additions to a days work, I am beginning to feel stressed during every shift. It is no longer enough to just be kind, efficient and attentive to my patient's needs, this has little value when measured using the business speak and measurement tools that have now permeated the health sector. I too am now considering calling it day after 28 years. I am encouraged by your story and wish you much good health in your retirement.

@Eddy-Hope

5 ай бұрын

Thank you for sharing ☝️

One driving factor is whether you have a gold plated public sector pension , for most of us private sector workers on crap pay with hardly any spare money to throw at pensions or paying off the mortgage early is a pipe dream for 60% of the population.

@Eddy-Hope

5 ай бұрын

👍🏻

@williamc6774

5 ай бұрын

Most of my working life was private sector but early retirement happened by following the exact same rules. Always being sensible with money, only buying what can be genuinely afforded etc. It can be done if one has the right attitude.

@kevinwall795

5 ай бұрын

Police officers contribute a substantial portion of their monthly pittance of a wage toward their pension. I should know, I had to withdraw from paying pension contributions when I was a you police officer as my wage was so low. Private sector workers seem to forget this aspect. It is not all sunshine and roses being a cop, believe me. A lot of my ex-colleagues died just before or just after retirement. Heartbreaking.

@davidwhiteman4649

5 ай бұрын

@@kevinwall795the real issue is not that public sector pensions are too generous. Its that private sector pensions have been cut back to levels that are inadequate. I work in the pensions industry and get a bit irritated by people trying to cut public sector pensions. It’s the private sector employer pension contributions that need to improve to a sensible level. It’s a ticking time bomb that the government don’t seem to care about.

@person.X.

5 ай бұрын

@@davidwhiteman4649 Good point. I joined one of the big accountancy firms in the 90s and I was the first or second year intake without the DB pension. In effect we were getting paid about 20% less for doing exactly the same job as we got a 5% employer contribution while the DB contribution was about 25%. And that was the level that is needed for employees to have a decent pension. 5% is an absolute joke. We should have had a higher salary to allow us to take on the responsibility ourselves. But no. The extra money was simply grabbed by the partners of the firm.

Nice to find someone with the right attitude towards the world. I'm 55 and semi retired four months ago. Work 3 days a week now at the same job that I did full time. It's a bit of a transition but I'm getting my head around having this freedom time. People are conditioned to think that they need this, they need that, and they work to try and get some false happiness from what they've been told they need. Once that realisation hits, that you don't need all this cobblers to be happy, it's a game changer. You got yourself a new sub Squire !

@Eddy-Hope

5 ай бұрын

Welcome aboard bud 👊🏻👍🏻

I quit my job at 50 after 33yrs employment and building a company pension which I can draw in 2yrs time.I payed off my mortgage at that time also. I became my own boss painting, decorating and gardening and absolutely love my work life balance now,every day seems to be a gift.

Lost my job at 54, and I got ill very soon after. Mobility is limited, and they want to do nerve block injections before eventually operating. I'm nearly 56 and on a waiting list for injections. I'll likely be in my 60s before I can properly walk again. I'm likely never going to work again. But I'm happy with life, small financial stress that's insignificant compared to the stress of my work life. Like you, I have a KZread channel about my passion, and I'm enjoying learning new skills with that. As Bob Marley said, "possessions make you rich? My richness is life" ❤

@jaydunstan1618

5 ай бұрын

According to Messers Jeremy Hunt, you are classified as peak health and thus can work, long and hard for our Nation.

@gbeeshrimp

5 ай бұрын

@@jaydunstan1618 Yep, just like people working until aged 70 to keep paying the taxes for maximum time before their demise.

@jaydunstan1618

5 ай бұрын

@@gbeeshrimp You are being very selfish...according to Sueella Braverman EXPRESS.

@gbeeshrimp

5 ай бұрын

@@jaydunstan1618 Oh well, I've been called worse

My Gran used to say you had to ‘Cut your shirt to suit your cloth.’ I worked as a paramedic and was diagnosed at 52 with dyslexia I was forced into an office job following a physical injury and I too am clinging on for dear life. I’m 53 now with 15 months until I’m 55, I’m hoping I can hang on in the job until then. Thanks for sharing your story.👍

@Eddy-Hope

5 ай бұрын

I feel your pain mate

@commuterbranchline8132

Ай бұрын

@@Eddy-Hopefurther update: I have now been clinically diagnosed was having ASD and highly likely ADHD. Less than a year to go now in work and my diagnosis will be a challenge my employer to actually provide some support. Things make more sense now, so hopefully with some reasonable adjustments I’ll make it through to retirement.👍

I'm 57 and cant afford to retire but found a job that pays me enough to survive on 15 hours per week. People find it odd that i don't work full time. It really seems to bother them.

@SweetestGyrl

4 ай бұрын

It’s jealousy and I’m glad you’re able to work so little …… you can still enjoy life 🙌🏻

@ariefraiser140

4 ай бұрын

57 is actually not that strange an age to be retired. Lot's of teachers, police, firefighters and other public workers with pensions retire at 55 even 50.

@MindHole98

4 ай бұрын

Working full-time is like being in shackles. It’s truly awful. Literally little/no time to do anything outside of work, which over many years wears you down (both physically and emotionally).

@hankjones3527

4 ай бұрын

Dude that's awesome. My plan is semi retirement just like you. Don't quit all together but go part time.

@factsnotfeelingssendit5961

4 ай бұрын

​@@ariefraiser140Yeah if you suck the government tit. Independents like me they expect us to work till 70 while they tax us so they can retire early with different insurance etc.Thank the Dems for this abortion

Great video and story. I retired at 55 and agree, it’s life-changing, life-enriching. I’ve achieved more on a personal level in the last 5 years than in the previous 55.

I totally relate to this. I worked hard and retired last year at 55. I could have carried on working but I didn't like what I did (on a laptop with conference calls all hours) and I was time poor. I love now being time rich and able to do the things I want, when I want. I enjoy cycling / walking and really looking forward to the better weather when I can get out more. My top tip to early retirement would be to live within your means and not take on too much debt. I've never owned a new car and live in a modest house, but I'm OK with that. Each to their own I guess.

@Eddy-Hope

5 ай бұрын

Great message Steve 👍🏻

Eddy, this is probably the best example of retiring early scenarios I have watched. It covers all the possibilities. I am 59 now and retired at 55 and without doubt it is the best decision I ever made. All external worries have gone and I really couldn’t be happier. Enjoy your retirement.

I retire next week aged 54. Having been in the army from the age of 16 then into the police. Your film has given me some key points to consider moving forwards. Thank you mate.

Thanks for your candid advice and insight into how and why you retired 👏. I’m 61 and in a quandary about what to do since I lost my job last April. I’m working on it and totally agree that health is your wealth. Good on you 👍🏻

@Eddy-Hope

5 ай бұрын

Do it 👍🏻

Well done Eddy, I enjoyed your philosophy and approach to life and retirement; clearly amongst your new learning you have also become very accomplished in film making and speaking to the camera. Unfortunately I have found the adjustment to being a free agent somewhat difficult and my reflection has taught me that my high flying and highly paid career was how I judged who I am and when it switched off I felt a sense of loss in identity, status and particularly in purpose. I have eventually been able to recognise that all the hard work has bought me the right to do as I please but having a job of some sort for me, probably part time, would help in terms of the loss of people interaction that I have been used to on a daily basis. The jobs market unfortunately is a complete nonsense as employers read my CV and either reject me on age (63) or tell me I'm too qualified and will only move on once I've found a better job. I've subscribed so I am hoping you will teach me more!

Hi Eddy, no idea why this came up on my YT wall, other than my mind being read...but I'm glad it did. You've mentioned all the things I've been thinking about this past year & at a similar age to yourself. I completely agree with you needing a purpose to retire to & I think not doing is a mistake made by many. I'm fortunate to have loved my self employed work, it's been my passion, yet now I'm ready to trade it in for total freedom in retirement. My only drawback being my driving purpose is to travel many countries overseas & at this current time, I'm unable to do so, due to responsibilities & love of my two best friends...my elderly dogs. Although they're healthy, they're too old to go to the hot weather countries I want to travel & the legistics would be extremely difficult. For the time being I'm enjoying my dogs, getting out & about as you do, while still working a little. I do feel in limbo, because I know what I'd be doing & where, if I was able to. For the time being I love my dogs & they love me, so their time & happiness comes first. A single man & his best friends. I've subscribed & I'll look forward to watching more from you & the lovely area you live. I know it quite well 😊 P.s I've also recently given up on driving/owning a car after never being without since 17yrs of age. The rising cost of insurance, plus costs to run a car etc has brought me to the decision. Being able to take my dogs with me on public transport has made the transition doable. All the very best to you & your best friends 😊

Great video, found it very interesting and enjoyable. I too want to retire early and at the age of 49 I decided to do something about it. I didn't have quite enough money to retire so I started a new career in HGV driving because I knew once I had built up some experience I could cut back to just doing a few days a week and at least become semi retired. I am now 52 and do a maximum of three days a week and am absolutely loving it. I plan on fully retiring at 55 and cannot wait!

What a wonderful video. This really rings true and we are currently striving to 'retire' - well lead a better life in the next 2 years! Success is being happy and being with the ones you love and as you said, the outdoors is free! Cheers 🍻

@Eddy-Hope

5 ай бұрын

☝️

I remember being told about a person I didn’t know personally but this person was working all through life and came to retire at 65. On the same day that person retired and had a bit of a social drink with work to bid farewell sadly passed away that evening of a heart attack or related incident. Just shows you can’t plan for that imaginary future as who knows what’s going to happen

@Eddy-Hope

5 ай бұрын

Exactly ☝️

The wisest video I’ve ever watched! I had two massive heart attacks at 47 ( and no I’ve not taken any of the experimental jabs) I am now going flat out to retire as soon as possible! I tern 50 this year and aim to finish in the next three years 🤞🏼🤞🏼 excellent video! Thank you for the inspiration! Enjoy your time and very best wishes 👍🏻👍🏻😎

@Eddy-Hope

5 ай бұрын

Thank you for sharing and I’m glad the video resonated with you 👊🏻👍🏻

@MadDogSurvival

5 ай бұрын

Thank you 👍🏻👍🏻😎

@TR4zest

5 ай бұрын

Do you mean the covid vaccinations that saved millions?

@LilyGazou

5 ай бұрын

Find a naturopathic doctor if you can. A lot of help with heart issues.

@MadDogSurvival

5 ай бұрын

Thank you 😊

Brilliant outlook on life, that’s all I need to hear, thank you 🙏🌟

@Eddy-Hope

5 ай бұрын

☝️

Nice video. Keep up the good work and keep enjoying your life. We all learn a bit late in life that time is the real value not money. But as soon as you realise it you’ve got to act on it. I’m glad I did and zero regrets.

So glad this video popped up in my feed! Now subscribed! I am 45 and have started having conversations about retirement with my wife… we are plotting how this can happen as early as possible for many of the reasons discussed in this video! Thank you for sharing and I look forward to diving into more of your videos! Have a great weekend!

When I left school at 16, I got a job straight away, worked hard, got promoted and I always paid into a pension (my Dad told me too), paid in extra when I could, and also paid into an ISA when I had the money. I had a very stressful job, and it all came to a head when I was 47. Me and my partner sat down and went through all our finances and said that I could leave work. Went in the next day and handed in my notice and walked out. Now I am 55 and just started to take my pensions, and moved money so that I can take a salary. I was the best thing I ever did, and have never looked back. It was scary at first as I was earning around 42k, but as others have said money really isn't everything.

@Eddy-Hope

5 ай бұрын

Great message Mark thank you ☝️👊🏻

Great video Eddy. Very good reminder of some important facts of life, or at least living your best one.

Great vid, earned a new subscriber. Currently approaching 52, worked on the railway since i was 19 and almost retired when Northern dangled the voluntary leavers scheme carrot before snatching it back. Will be watching your videos with interest.

@Eddy-Hope

5 ай бұрын

Cheers Paul 👍🏻