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

Video quality	The size	Download

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

Title	:	5 Things I Wish I Knew Before Retirement – My Early Retirement Regrets
Lasting	:	16.28
Date of publication	:
Views	:	219 rb

Join my FREE newsletter for the latest market updates & investment tips (personal finance + economics + markets): wwwmorningdownloadcom
Comment from : Invincible Money

Please help me understand the 12 cigarette and lonely analogy Thanks
Comment from : Shawn Patton

You look real young to retire
Comment from : Martin Ng

The #1 reason I'm retiring early at 49 is to get out of the corporate machine There is more to life than being stressed and depressed on a constant basis
Comment from : Midwest Money

I am 65 and I cannot retire until I am 67 I hope to continue working until closer to 70 Hopefully, my company and my health won't change my plans
Comment from : T Wilde

You didn’t do your homework
Comment from : Caper Boy

I like to think of it as "Financial Independence - Re-balance Early"as in re-balance your life
Comment from : Mal van London

I retired at 52, and I never looked back I should have retired at 42
Comment from : Peter Johnson

I don't miss my working environment I no longer could stand my work or going to work around people I didn't care for Leaving was wonderful
Comment from : Cn Wil

Not sure why some feel the need to work at the same level until death Hobbies, family, and non-work friends will more than fill the time and void left by not working/commuting 50 hours a week I know no one who has retired in the last 10 years that said "I should have worked longer"The sentiment usually is the opposite
Comment from : Mark Williamson

Going from the "top" to doing nothing IS the plan for me!
Comment from : Mark Williamson

Thanks for a thought provoking video, I do believe focusing on health will make it much better Doing things you love now is so wise! I am working toward retirement but have just taken a job that is much less stressful so I will do a gradual slow down
Comment from : Marian Reddy

Yes!! 5 reasons to get panamá residency!!👈
Comment from : Joel Madrid

"PANAMA RELOCATION TOURS! WITH JACKIE!😊🙋👍❤👈"
Comment from : Joel Madrid

I remembered what an old cocker I befriended used to tell me , Son these roosters made me get up every morning and look forward to a nice day He just passed on a couple of years back at 96 I'm getting me some roosters :)
Comment from : Manuel R

The first 18 months after retirement I cried off and on I really struggled with letting go of who I was Once I moved to an over 55 community it solved many of the struggles regarding the social aspect There are so many activities and amenities here that I’m never bored Now, I love my life
Comment from : Daisy Reinacher

Very important tips 🙏
Comment from : Alicia Ngareh

I can not wait to retire The money will be difficult because of an expensive divorce and loss of my 401k and home but I’m trying to build it all back I’m 52 and hope to retire in 10 years Thanks for your stories
Comment from : HollyAnn

Alhamdullilah igot early retirement 2 years before to prepare my next life after death Alhamdullilah I am studying Quran since 2020 for NurulQuran ❤ it’s my great achievement I love my studies ❤
Comment from : Deeba Parveen

That was so interesting thank you a lot
Comment from : Michel POHL

Good point, about retirement being more than just about money I know too many people that fell into a doing nothing routine, and it effected and still effects their health Once you stop moving it seems life stops Those that are healthy and going strong into their late 80s and I even know someone in her later 90s still going, have stuff to do They volunteer, they have dogs that force them to go out and walk and that encourages socializing I know a woman that plays cards every few days to keep her mind going I know a woman in her 50s that stopped working in her late 30s and lives like an old lady in a home She doesn't do anything but stuff around the house but talks all the time about what she will eventually do, only she never does I am not sure when I will collect ss but I won't stop working, I need to for the money but even if I won the jackpot lottery I would have to work somewhere, or volunteer, because I want to have somewhere to go at least a few days a week
Comment from : Ester Drass

Im Under 40 and i tried semi retirementIve made older friends in my journey throughout life to understand, and ive seen my older family just be bored until death with years wasted and penny pinchingi never wanted to go down that path, so ive taken time off between jobs throughout the years to enjoy hobbies and family with 2-3yrs on a job and 1 year off and the 1yr off always left me lostid go back to work and realized my passion was always to have my own business, i work on ideas, Different things, it hasn't been successful but i never give up knowing one day ill achieve it, it drives me knowing ill be helping others and passing the knowledge on day, even towards my kids so i work and work on my business ideas to have goals because its not just money as you mentioned, its to live life fully
Comment from : The Fas Life

Hi I am interested in hearing about the mistake you made with paying more for your health insurance than your family member I would find it very helpful as I am looking at paying quite a bit for health insurance from my company once I leave the company (if that makes sense)
Comment from : inikidaisy

So you didn’t prepare properly for retirement at all
Comment from : Delayed Gratification

I just turned 40 this year and funny thing is that I want to retire and play video games on my free time from my video game collection and raise my kids and spend more time with them Unfortunately, early retirement for me would be 55-60 years old so I don't think about it as much and try to live the now and enjoy the now because I know my kids will grow up fast and time will go by fast
Comment from : Eplugplay

Thank you
Comment from : Busisiwe Dlamini

Without knowing this point: transition brI’m doing it without the advise: I moved from full time to part timebrbrAlways working all my life since 20 yo in management so at age 55 I retired from management brTook a job where I did training and certification tests full time thought it wouldn’t be that stressful but I copedbrSo now I’m in my 60brRequested a part time as a certificate tester and on my way to retirement but taking it easy and getting used to the change yo let go at 63 brIm already traveling, doing excercise, enjoying my grandkids etc while part timingbrbrNext step letting go the part time- I knew I wouldn’t like to resign without doing a transition - so far it’s working!brI don’t miss the full time 😂
Comment from : Just viewing!

I retired at 56 from my corporate job to continue running my successful rental real estate business The company I worked for was bought by a bigger company that I did not want to work for The biggest mistake I made was under estimating the governments ability to destroy my business with eviction bans and regulations Now, at 61 I am struggling financially to reach 62 in order to be eligible for 70 of my Social Security that I paid into since I was 16 SS won't even cover my rent It looks like I will have to get 2-3 minimum wage jobs to supplement my meager SS just to survive Or, I can take my SS overseas and live like a king with the lower cost of living Hmmmm
Comment from : X Files

“Retirement is a process, not a set date” - like this perspective very much!
Comment from : Nobe C

I think men retiring have many mental challenges they are ill prepared for :brbrNo longer working and having the social life and purpose of workbrMost likely your parents have passed away and you do not have their supportbrYou need to contemplate your deathbrYour health deteriorating
Comment from : JimJ

You look too young to be retired😂😅
Comment from : Mary Fuentes

Yes, retirement in not all about money But Money is the foremost, most important and indispensible thing No money, no retirement
Comment from : K T Leong

I hate going to work
Comment from : Sam Ramazotti

I'm 63 yo and planning on retiring when I celebrate my 65th birthday I'll apply for medicare 3 months prior and start to collect SS I am planning on taking time off to do whatever the heck I want but I'm sure I'm going to get bored and will find something part time
Comment from : Gobsmacked

I'm working my hard labor job until I'm literally dead I don't ever want to retire, and I never will It's pure lazy in my mind
Comment from : Doge Gamer

Unfortunately, the globalist / oligarchs want us to work till the day we die They want to squeeze every nickel, out of us
Comment from : His Overlord Upon High

Go back to workwork until you die this is 2023 bub
Comment from : Gerald Hardy

I’m only 50 years but looking for my retirement actually, i want to retire at the age of 62
Comment from : Beautiful Mom

Nice video +1 subscriber from San Diego, CA
Comment from : Ted LaSalvia

"I missed the meetings Not ALL of the meetings!" Laughed pretty hard at that one! 😃😄😅😂
Comment from : Road Runner Billiard Club

A lot of options instead of full time work?? In what world? Who has the luxury of taking MONTHS off at a time, returning to work when they choose? Sorry but most of us are either in or out Luxury sabbaticals, who??
Comment from : Anna Melanie

Watched my mom and dad make bad financial decisions which forced him to work until he died at 79 5 years later my mom is 79 and working because she has to Now I am striving to try and retire at 62 13:25
Comment from : TK765

Miss the "social life" at work???? Lol Yeah right!
Comment from : Roman Hollow

He looks like Rocco Siffredi xD
Comment from : __a

My hubby is 63 been retired for 4 months now and he is loving it I’m retiring at age 55 in September brI have a plan in place to stay busy
Comment from : Stuff & Things in Retirement

Retiring and taking SS are not the same thing Retire whenever you want to, start SS at 70
Comment from : Jack Dreddle

It takes all kinds of people, I can tell a relaxing chilled out existence is not your cup of tea and people like you need challenges However people like me love the idea of the freedom to do as I please after the stress of having to be accountable to the company I used to work for I am in your honeymoon phase but am loving it so far
Comment from : bog roll

People, challenges, social, interactions, deadlines, family, goals, all the reasons I want to retire😢
Comment from : A Con

God wants me to cast out demons probably take up gods work
Comment from : Jimmy Carter

I don’t care about health insurance going to live til I die I would rather live a short time than to die at this job😊
Comment from : Jimmy Carter

I I’ll ll have more money hanging around the house more coffee and less drive watch all the crazy news
Comment from : Jimmy Carter

66 yrs old, retiring in a just a few weeks; many years leading multidisciplinary teams delivering complex strategic business transformation projects I love the work, still got the energy to do it as well as ever BUT today's working environment is no longer recognisable to me for many reasonsI'm fortunate because I can turn myself to just about anything Majority of millennials and Gen-Z don't have a clue, but won't listen to seasoned experienced old hands like me - good riddance, and good luck in your entitled victimhood (you're going to need it)
Comment from : CGO22

At my workplace I've never so many people in their 70's and 80's coming back to work Mostly healthcare costs is primary reasons If you can afford and budget to retire early by all means do it I'm 58 but I see myself working several more years yet due to not saving and getting into the 401K late in life I've been able to do anything I wanted while still working I don't see myself slowing down At 66/67 Life for me will be as fun as I can make it while working full time I don't want to budget my money at this point Life is too fun than just sit at home This is for all you people out there that didn't or couldn't save while busting your hump for low pay for many years Good luck to every one out there and enjoy life!
Comment from : Joe Goss

Thank you!!!
Comment from : free loader!!

I am retiring next month at 54 We've got some travel lined up over the next few months so that will be my honeymoon phase I can't see the future but I know that I can adjust to the changes along the way
Comment from : GO Retire

I love your sincere delivery and enjoyed your take on these topics
Comment from : Alex Fjallstrom

Why did the retiree compile a list of '5 Things I Wish I Knew Before Retirement - My Early Retirement Regrets'? br brBecause they realized that discovering those regrets is like finding out you've been using the wrong side of the hammock all along!
Comment from : Julia

Glad i came across this video because I was planning on retiring in 3 months time, which is on my 40th Birthday
Comment from : Diamond Girl

It was good to get your advice a decade ago
Comment from : Kifle Alemayehu

I’ve been practicing my upcoming retirement @55 buy taking 4 of my 6 weeks off all together and I’m darn good at it You can’t replace time with others It can’t be bought
Comment from : VanaConn

t's recommended to save at least 15 of your income in a 401k You can use online calculators to estimate how much you should save based on your age and income Saving at least 15 of your income in a 401(k) can help ensure that you have enough money to retire comfortably By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time don't think I could retire with less than $3m in income generating investments and i'm not talking 401k, maybe $2m at the very minimum I plan to work until I'm at least 45
Comment from : Sherry Brooks

If you had to return to work, you weren't fit for retirement It's just bad planningbrFirst of all, you need to live within your means, and that doesn't mean spend every penny you have Spend money only when necessary, and get the best deals you canbrI have been living on between $1000 and $2000 of grocery a year for 20 years now People always see that as a challenge Buying when items are on sale is the magic This week I just stocked up 40 lbs of boneless, skinless chicken breasts at $177 a pound I buy 20 lbs of medium grain rice for $1088 I grow my own vegetables in 6 feet by 6 feet backyard farm I receive $30,000 a year social security payment and save 50 of it
Comment from : P Wu

One thing for sure when you retire is to keep moving Do nothing and your health deteriorates quickly
Comment from : Luftwaffe65

This guy only changed one job for another (youtuber) and he did not break free mentally from job duty and thinking about money😮
Comment from : Marek Rudzki

5 years (mid-50s) when my youngest is out of college I am pulling the rip-cord from the rat race I have a sailboat and plan on sailing around the Earth over a 2 year period flying my wife out to a couple ports I have enough money to do it…barely! I’ll figure it out when I get back IF I get backbrbrLife’s too short not to live! Retirement is for old people
Comment from : George Washington

Thank you for this comprehensive review
Comment from : TheSUale

Is there a book on this?
Comment from : Ithicar Peters

Bin tua
Comment from : Then Khong Wooi

Would it be good to have a hobby business?
Comment from : JAI HD

Do you have a video on how you could have saved on insurance?
Comment from : CHEP

You look really young 😂😂😂 I'm 40, and I was so done with my toxic micromanager and i decided to go for early retirement for good!
Comment from : Curious고양이

Maybe you might have to be a carer for your wife with MS for the next 26 years She wasn't able to ambulate for the last 15 years I had to earn how to cook, use a hoist, wheelchair, powerdrive, lost of cleaning up She has now passed That was my experience after I retired early She was very accepting I am gay I am not looking for a husband, but my life is very different now I walk 11,000 steps a day
Comment from : Ron Smith

Biggest problem I’ve seen is people retiring and don’t have any hobbies or interests to pass the time That leads to problems with depression and down a bad path
Comment from : Matt Irsik

The day after I retired I began volunteering at the local animal shelter, where I stayed 7 days a week, for 15 years It was a soft landing for me
Comment from : Kathryn Baker

I retired on May 3rd, when I turned 62 Everyone I worked with assured me that I would be back I sensed jealousy and dread as they thought about this day What will you do? How can you not work? These people can't see a day such as this I feel bad for them (most of them) The key is to have a plan and have a backup plan as well as this guy mentioned It is daunting You wake up and NO WORK, something you have done for 50 years or so(for me) I do plan to work part time 2-3 days a week doing something different, taking my sweet time searching I still get texts asking when i'm coming backI just laugh and laugh !!
Comment from : Joseph Esposito

looks similar to rocco siffiredi
Comment from : Nathan

Speak for yourself I worked in a hell hole for 37 years and after retiring, miss nothing about my former job No regrets
Comment from : rob p

I am 45 and seriously considering quitting from my job because it takes majority of my time I really want to explore the world and don't want to sit at home at 60 with a large amount of money
Comment from : W C

Very comprehensive overall view of the diversity of what retirement means I'm a small businessman who is mixed with celebrity I will was Sir Roger Moore's web manager for 20 years 007 but also a businessman I'm now approaching 65 in a couple of weeks and I'm going to buy a motorhome and continue a YouTube channel on celebrity Graves wwwyoutubecom/@MotorHomeBeepBeepbrSometimes you just completely change without screwing down on making money to allow the future will be interesting I have subscribed
Comment from : MotorHome Beep Beep

I admire the financial independence of people, But you can live better if you work a little more After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early To each their own but to me retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc I don't think I could retire with less than $3m in income generating investments, maybe $2m at the very minimum I plan to work until I'm at least 45
Comment from : Sensational

This is a great vid with wonderful advice I am 57 and I have been working from home for 8 years and i love it What i learned from the pandemic is how to save and how precious life truly is! I am lookkng to retire, but the only thing that gives me pause is money and health insurance I do not have any serious health issues, however I like being prepared Of course as you age it is very important Also having money to me means security and being able to do what i want My hubby has been retired and he keeps telling me that I need a plan!! We are debt free so I want to go for it at the end of this year Just need to plan how I will fill me days!
Comment from : margo wilson

I retired at age 52 and never look back
Comment from : Annie Nguyen

Instead of dying from a heart attack, stroke, or diabetes after years of working in an office environment, it's better to die peacefully and relaxed in retirement with enough money for humbly life, even cats prefer to die alone
Comment from : Food Lover

I spent most of my 20's being unemployed (my country has decent welfare system, which anyone can use), but even though I had all that time I didn't really know what to do with it I jogged and lifted weights here and there, maybe played some video games, but as more time passed I just didn't do anything anymore, just laid on couch waiting to die basically I work now and everything feels so much better, like free time, that friday wine and ordering Indian food just feels so good
Comment from : Retroman94

Brilliant advice beyond the ovious (financial) thanks 👏
Comment from : Dave Hood

I want to retire at 55 because I want to have time to do things I want to do Is there a checklist or cheat sheet to determine if it is a wise decision I am also afraid I will miss the paychecks
Comment from : Angela Arnold

You have 3 young kids?
Comment from : J2 Shoes2

Great vid, the way I see it when I look at my peers who are on the fence about retirement is several things, 1 they don't want to be home with their significant other so they would rather continue to work which is a SMH moment, 2 they didn't plan well financially because of a new car/truck summer beach home 401k dropped / crashed because they were extremely aggressive with funds til the end so they have to continue to work, 3 they have no life outside of work no social skills even with a neighbor or family so they feel like their work is their life which to me is disturbing, 4 they're scared because it's like they feel as if now they have to start talking to people I get it, it's hard for some easy for others but man what I witness now is some people really need to get a grip and understand you don't live to work you work to live and life shouldn't be lived at work it's at home or within yourself your soul and loved ones
Comment from : MikolF