5 Things I Wish I Knew Before Retirement – My Early Retirement Regrets

I retired from construction after 32 years ,and I realized we were created to work ,I'm still retired and receive my pension, but I have found another type of work to do ,I work for 6 months and take 6 months off.

So, what are your retirement mistakes? You video dont seemed to be describing that???

The advantage of still working is you have something to look forward to during payday and you basically not touching anything from your savings but after retirement everything you spend comes from your savings and this becomes very stressful. That is why every retiree needs a passive income and should not just rely on his monthly pension which is generally small or insufficient, especially here in the Phils.

i've been mentally retired for the last few years...just waiting for my early retirement age so my body catches up to my mind!

I'm not watchin another retiree who is still working and selling. Use your head folks

Thank you🎉

Having plans before you retire is the best,investing in the real company helps you to save up for the future.

great video. I'm 44 and working to be prepared for retirement by 60. I really like how you rephrased "retirement" to be "financially independent"

great tip

What a thought provoking, well-made video. Made me reconsider life in general.

Have been retired for 5 years currently in my 60's absolutely Happy/bored all depends on the day in saying that 3 close friends in their mid 60's in the last couple of years didn't get the opportunity to retire due to health issues.
My advice enjoy Life to the fullest whether working or retired.

The wife and I are both 62. She is not going to retire until she is 65 (she works from home), but i Semi-retired at 60. I had several businesses and taught Golf and Tennis for over 16 years, 6 days per week, so I find retirement extremely boring. Before that, I worked in Corporate America for 15 years. I have friends who actually sold everything and moved to other countries and love it. I am just buying time but did start a Non-profit to help others in the meantime. Good luck to all!

I retired at the age of 39 and no regrets because before I exit the corp world, I established a 2nd career and enjoyed a financial independent life.

A dear friend just discovered cancer in her breast and lymph gland. 57. Good Lord, stop working. Enjoy life NOW. F the tax man accountant and kids. You deserve better.

The average person doesn't retire in their 30's or 40's. A matter of fact, some begin their 1st careers in their 30's.
The earliest my peers retired was at 55.

I'm not at all worried about leaving work from a social perspective

i always lived below my means and had aavings to fall back on. I hated having to be at the mercy of some dipshit boss who felt like he could treat me however he felt like and get away with it.

How much or what percentage of your net worth is or was cryptocurrency?

I love retirement. I was a worker. Now I'm a player.

I'm 55 and I have two sons in college, my wife is my same age. We are at our FI number this year, but I plan to keep working full time as a critical care nurse another 5 years then I will reevaluate.

Im 45 years old and im retired because of economy crises and its too hard to find a new passion. i think i will be end for looking new business or passion and start play video game :D

excellent video

thank goodness ive never looked at work as my imagination. work to retire.
my mom goes grocery shopping, run errands and sits at home.......ill pass, no thanks.

Tell a Yahoo Yahoo boy, You have all this money and free time😅.

Now the truth comes out. You are tired of baby sitting and you have a wife. Your retirement will be different from a single man with No wife or little kids. I was wondering as you were speaking but towards the end i understood why you sound that way. Young retired and occupied with things you dont want to do.😢 Find something to do. Im retiring this year July with a Date and chosen the identity of an Advid Traveler and business owner of 3 physical location in 3 different industries.

I agree with your idea to do things now such as travel pick up a hobby while you are younger ,but this could also affect your retirement plans and lead to doing less if those experiences are already checked off your retirement bucket list.

Thank you I needed those words. I am considering doing something different because I’m not feeling useful or productive and still with so much energy, missing the interaction with others in the daily grind.

Thank you for the good information

It would be interesting to see how somebody who doesnt work in an office feels aboit retirement.

Am planning on retire at 45 am 38 at the moment I have a business and my own home, I have some plans and I should be able to accomplish them in 7 years

To be honest I think it’s subjective, cause if you have a job that’s stressing you out and your so much years in already, your just doing it to get where you wanna be retiring would be your mind a lot but if it’s something you love maybe you should go all the way

The message here for me is financial independence, not retirement.

1. Retirement isnt about money - ? Challenges
2. Most people go back to work because of creativity and people
3. Hobby
4.

What do retirees DO all day???

Be aware of the Windfall Provision in Social Security. For example, my statement listed my expected social security income at age 62 as $800. Due to the Windfall Elimination Provision, my actual social security at age 62 was less than $250 per month.

I’m a 60 year old teacher, I make good money, have summers off, a week at Thanksgiving, two weeks at Christmas, Spring Break etc. Why would I retire? It’s great rn

i retired at 59 because i hate factory work

I chose not to work at 57, if you are enjoying work - don’t stop. However if you wake up dreading the day ahead that is a slow death.
You have to be disciplined or you will end up broke!
An older wealthy friend told me when I was young “just because you have money doesn’t mean you don’t have money worries - you just have different money worries” took me a while to understand that and it is 100% correct. The other advice he gave me “just because you can do something doesn’t mean it’s the right thing to do” so you have be disciplined, well most of the time :-) great video and advice! BTW in Spain don’t call it retirement they call it Jubilation! Enjoy your life whatever you choose!

Your channel is timely for my age, turning 65 next year. At the age of 60 I stopped working full time job. I’m still working 3 hours every day and do many things on my fee time . . . Life is beautiful 👍

The retirement fund in my country continues to pay every citizen annual dividends till the age of 100 and the average rate per yr since 2000 was 5.6% (it's much higher if I back date to 1985). Therefore i made it a point to ensure that my retirement nest egg has enough to benefit fr the yearly payout when I reach 55 so that I don't have to worry about expenses. But my top priority is staying healthy and keeping myself occupied with hobbies.

"wish I had known"

I retired at 47, and in a jiffy, I am 75 now. I remember initially after 3 months of retirement, like the man says, I did miss my secretary, my office, and my “power”. Without my secretary, I have to type my letters and find stamps for the envelopes ! That’s kind of irritating 😅 However, when I started developing new hobbies like golfing and dancing, time really flies…….

Keep in mind- If you retire early and have no earned income, you CANNOT contribute to a retirement account such as an IRA. Unless, of course, your spouse makes a "spousal contribution" on your behalf.

I retired from the military at age 42, and am financially independent due to my pension and disability. I won't even have to touch my retirement savings. But, I was ready to return to work a few years later. God created us to work. He knows best.

This video was VERY helpful and I appreciate the honesty and forward thinking. Being a 50 year old I have thought about these things a great deal !!

Using a quote from a convicted rapist. Lovely. Use your brain dude.

Quick question. Did you invest in crypto that close to retirement?

I’m in my 40’s and retired in 2021. I have a small and fun social circle. I’m learning to play the harp, volunteering at a youth detention and travel every other month. I am ENJOYING being retired. Out of habit I still get up by 6am. I’m not bored at all. 🤷🏽‍♀️

I think there is no one size fits all. Each of us must be realistic. I have heard people regreting why they went on holiday and spent money which they need now. Bottom line dont outlive your finances

I have always said that retirement should be flexibility, because of what you just shared. When you step into the retirement/flex, you should have your house paid for and all fixed up with no major renos needed. and/or a nest egg established, so that investments can help with rent. We don't know what curve ball will be thrown at us. So we do need to enjoy life while we can and not necessarily wait to retirement. I think people find they are burning out when they get into their mid 50's and need to step back. Maybe finding a situation where you can work and take enough time to regenerate and enjoy life might help. Life is much more expensive now and we are living longer, so we might have to work part time.