The level of inefficiency and corruption in this administration is becoming absurd. Those who are disabled and do not receive the support to which they are legally entitled make me sad. I sincerely thank you, June Renae Matthysse. Imagine making $6k in 20 days with an investment of $1.5k
I don’t have a hobby yet that I’m passionate about but I bike, ski, read, etc. My best advice is DON’T stress about anything! And look for the good and happy stuff.
Retired at 72. I wish I had retired several years earlier. This is my only regret. I had watched all the videos on retiring and they were saying u need One Million Dollars before u can retire! I retired because of covid. Did not want to be around people. I am one of the few people that covid actually helped because I might still be working today if covid had not hit. The three things u need for a great retirement r good health, no debt and a small(not one million dollars) nest egg. Great video by the way.
Regret 1: No ... I've already spent 50+ years with my wife. Regret 2: No ... spending as I please. Now have QCDs to play with. Regret 3: Not really ... Regret 4: Lots of things to stay busy. Regret 5: We travel when we want where we want I guess we're doing OK.
Before watching the video I wrote my 5 things down. Now I have not retired yet, getting close turning 66 in less than a week. I had 4 of the 5 the same. The one difference was spending more money in early retirement. I haven't retired so I wrote instead spending more time with family and friends. I too think about the hobby thing. I was in Martial Arts most of my life. My son "The Cajun Ninja" is a Master in Tae-kwon-do and trains in Brazilian Jujitsu. But Martial Arts is a young man's game. I too played the guitar in my younger days and wish I would have stayed with it. I love gardening but at some point the garden pretty much takes care of itself so to speak. My closest friends were into hunting and fishing which I was not and those are sort of expensive hobbies and I have never liked killing an innocent animal. Just lost another friend. He was 71. That's 2 friends in 3 months. I only have one close friend left. He is 6 months younger, retired, but his health is not the best and he drinks everyday of the week. I love watching football, but that is seasonal. I do love Texas Hold'em Poker and playing cards all for fun (no money) but no one else in my family likes playing cards. Money is not the issue for me in retiring except that I watched it grow all my life and one day it won't be doing that anymore. The other issues are the time I will have on my hands and my wife, a nurse will still be working as she is 5 years younger than me. Not sure how she will deal with it. The issues are real. Great Video!
Life is too short for regrets. Retiring this year so I can avoid number 1 and we're planning on spending 'big' the first ten years to avoid number 2. I have several hobbies to take up my time - in fact work is currently getting in the way of enjoying them. And travel is next up on the list, starting with Hawaii at Christmas.
I think I want to figure out a guard rail system where my spending is variable depending if the market went up or down in a given year. I don’t want to leave a big pile of money as I have no heirs.
38 years of high stress, very sedentary work in IT for Fortune 10 companies made for my only regret.....health. Haven't done enough and now at nearly 60 it's tough to change the old habits.
Keep working it...I'm in the same boat....don't try for overnight success in weight control, drinking, exercise and food (I'm at Day 264 no booze, I hit Orange Theory four times a week [burn 7-800 calories in that hour), down 18 pounds since July, and I'm working on getting my diet on track). Be kind to yourself, and acknowledge small victories.
Thirty percent of Americans take SS at 62. One in five or 20% of that total regret taking SS early. Yet no one regrets taking SS at their FRA. You can’t live off 1400 a month SS and then have meager savings. Let’s say this guy’s wife dies. No one wants to die alone. At some point he’s going to be in the market for a companion. What does he have to offer someone if he’s not financially secure himself? Not much. I’ve seen it over and over again when I’d talk to my patients in the hospital. They say, “if I knew I was going to live this long, I’d have worked a little longer.” What they’re really saying is they should have saved more. But you can only save while working. Having good health and not enough money makes for a long and miserable retirement.
Have you done a show on the guardrail withdraw system? Is there software for the guardrail system? I have no regrets leaving the workplace at 58. I relieved my wife of doing the home cooking after retirement to take up a little of my time. Don't leave your job BE your life.
I just read an article in cnbc that Andrew Biggs suggest the president can cap social security at 2050 dollars per month if no congressional action is done to fix social security by 2033 😱😱😱
better watch out Josh, your wife beings stressed at work at 8:22 may lead to resenting you. I already told my wife I'm quitting my crappy fortune 10 job with the IRS rule of 55, I'm 47. she isn't happy about it. She likes the six figure income I bring in. Like you said, you don't need millions to retire, yet we have that already. Our home will be paid off in 2 years too. I get too much stress and anxiety dealing with the bozos at work, it's a clown show. I'm counting my time left, 7 years and 3 months to go!!
Is the fidelity version of the Wellesley fund any good? I assume it’s a wash. My fidelity funds are in SPAXX but I could go the one version up. For $ that is forget $ that isn’t being actively managed or needed soon i need a good parking spot with minimal risk yet 4-5% is ok with me
walking is a hobby and a healthy hobby. You used to walk a lot but seemed to switch to driving for your daily rants, i mean comments. Reading is NOT a healthy hobby. See Wes Moss's research on this. He found those that read the most end up unhappy in retirement.
