The Advantages of Early Retirement: Reasons why you shouldn't put it off!

Рет қаралды 14,459

Күн бұрын

Have you been putting off retirement? Is the fear of what's next or just the comfort of what you've always done keeping you from entering into your retirement years? Today we are talking about the advantages of early retirement and why you shouldn't shy away from early retirement if you are financially able to do so!
#retirement_transformed #retirementcouple #earlyretirement
CHAPTERS:
00:00 Advantages of early retirement
01:04 Client story
02:40 The first advantage: Time
04:14 Ability to focus on health and wellness
05:22 Ability to travel and not be limited in activities!
06:54 Leaving the rat race of the work world sooner
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Husband and wife duo, Mark & Jody Rollins, inspire and serve as personal guides to meaningful, transformational journeys for individuals who are planning for, going through or are living in retirement. This is everything in retirement beyond your financial plan.
We are not financial advisors or medical experts. Any advice we give is our own and should not be taken as professional advice. This video is for informational and entertainment purposes only. Please seek professional assistance before making any financial decisions or changes that can affect your physical or mental health.
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Пікірлер: 29

@GBU61 Жыл бұрын

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.

@firstlast2034 Жыл бұрын

amen, I retired at 55 and never looked back. Some would say I just changed jobs, which was true but I-was doing what I chose to do.

@tahirisaid2693 Жыл бұрын

That is so amazing, I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success..

@dr.raymond8 Жыл бұрын

Credits to ROCHELLE DUNGCA-SCHREIBER, she saw me through the process. You can glance her name up on the internet and verify her yourself. she has years of financial market experience...

@dr.raymond8 Жыл бұрын

The quickest way to make your first millions is to invest directly with an expert that is trustworthy and has made a name and individual billionaires

@eurobeats1 Жыл бұрын

I do believe eating out is your worst enemy for a healthy lifestyle at any age and should be mostly avoided

@dominicdavison8590 Жыл бұрын

All depends what you do for a living. I'm an artist and at 51 have no intention of retiring anytime soon. I would get bored after a week.Retiring early is only possible if you can financially. Most people just can't. You also have to have something to get up for everyday. It doesn't mean 9-5 till you're 65 but doing something part time or similiar to keep you busy and motivated is essential.

@Delta922 3 ай бұрын

I retired fairly early at 58 with no regrets and didn't look back. The freedom feels great. I have a pension, 457 plan and interest income which is more than enough. The only drawback is I have less freedom because I have to help take care of my old man who's 94.

@RetirementTransformed 3 ай бұрын

Happy you have no regrets. Taking care of your dad is a noble thing to do. Good for you!

@eurobeats1 Жыл бұрын

i think working longer in your job till over 65 to 70 etc will wreak havoc on your health for whatever reason so retiring around 62 you can focus on health rest relaxation eating a sound healthy diet exercise/gym yoga will hopefully make you live a longer happier healthier life.

@AnnMitt Жыл бұрын

If you're single, no partner, very few friends, then retirement can be lonely.

@Sushi2735 Жыл бұрын

Well whose fault is that????

@RetirementTransformed Жыл бұрын

Relationships are so critical during our entire life. But as people retire and end up living alone, it becomes harder for sure. I think that’s why we do so many videos and research on this topic. It’s critical to living a full life. Thank you Ann for commenting

@transitengineer Жыл бұрын

About 5-years prior to your planned early retirement date in addition, to financial items there two other areas which, are also very important. The first is your weekly activity gym, walks in the park, talking classes at a local junior college, etc. The second is relationship building (church, clubs, non-profit groups, etc.) and a plan to explore new areas such as joining your local senior center or a travel tour group (smile ...smile).

@melvano4014 Жыл бұрын

Great video! I was fortunate to ease into retirement. Gave up full time gig at 44, 25 hours a week until 50, 6 hours a week until I give it all up next month at age 56. Ready to travel, watch grandkids, bike and swim 15 hours a week and visit friends.

@RetirementTransformed Жыл бұрын

We love your plan and vision. Thank you for sharing. Mark and Jody

@highway17adv Жыл бұрын

That is fantastic advise! I want to do some long distance motorcycle rides that I know I won't be able to do later. I work with a guy who is 63 and has plenty of money- he says he wants to work "a few" more years just to be sure. I am 55 and almost fell in that trap but videos like these really let me know that it is ok and it is important. Thank you for what you are doing. Cheers,

@RetirementTransformed Жыл бұрын

This sounds like such a great plan. Jody and I are all about getting to the more active things on our list now versus later when it might be harder or even impossible.

@1uniqueislander968 Жыл бұрын

Hello. Besides my partner, family and both of you, everyone else is warning me not to retire early and wait to get most of retirement. I'm 47 currently at 22years at my job under the Define Contribution retirement plan. My plan is to wait for 55 but knee arthritis has caught up with my active life.

@macdaddymgiarc Жыл бұрын

I am 52 and I started planning my retirement two years ago in the dark days of the Pandemic. I am fully prepared financially, with activities, a full plan for time, etc. to retire in just over two years - the early part of 2025 at 54 years old. I think you NEED to go if you are the person who enjoys what life has to offer. Get out and do it. I am looking at it as a rebirth and new chance to live a third stage of life. Cheers!

@1uniqueislander968 Жыл бұрын

@@macdaddymgiarc Thank you. Cheers 👍😁

@nancyv4431 10 ай бұрын

Glad you put health and wellness as a top priority!

@RetirementTransformed 8 ай бұрын

Yes, it’s our number one thing to focus on. Along with the other 10 things, lol

@Waynegonefishing Жыл бұрын

Greetings from San Francisco! New to your videos. Your topics catch my attention. I am now in that pivotal moment.

@RetirementTransformed Жыл бұрын

We are glad you found us and hope that we can help you with this wonderful journey through this third phase of life. Try this FREE seven day challenge, it’s a great way to get a jump start on retirement. learn.retirementtransformed.com/7-day-challenge

@johnd4348 7 ай бұрын

Dont wait to travel . Do it when your in your 20, 30, 40's. Instead of putting an extra 2000 dollars into a IRA, put that into a trip. Even if you cant travel every year. You will have all those memories to look back on when your older.