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How We Retired Early and Quit Our 9-5 Jobs: Money-Saving Secrets Revealed!

People are always asking us how did we retire early and quit our 9-5 jobs. But before we get into that today, I'm Sarah. I'm Olivier and our channel is called "Enjoy Retirement Life". So one of the first things we did was to have a look at our debt and to see if we could reduce it in any way. And the other thing was to look at our weekly spending and to see if we could trim that back.

So when we started to analyse our debt, we figured out that there were two cars. Why do we need two cars? I don't know, because where was your car all week? On the drive. Because where did you work? I was commuting to London. I used a train. The train is very expensive as well. So we decided we didn't need two cars. I actually had a car loan on mine. So we decided to sell mine, clear the loan. And basically I ended up with a bit of an upgrade because he had a much nicer car than me. So we just had one car, no mortgage, nothing. Win-win, because I had a decent car and we were paying less each month. So we noticed as well the number two in our spending was the TV subscriptions. We have, how many do we have? We have ***, we have ***** Video, we have ******* and even ****** Channel for our children. A lot.

That is too much because we don't have time to watch all these channels at the same time. So we had to make some decisions about which ones we were going to keep and which ones we were going to give up. And actually that was quite a nice saving, wasn't it? Every month. Very nice saving. So we kept just one, the one we watched the most and all the others, we cancelled. And we haven't really missed them, have we? Not at all.

To be honest. So one of the other things we noticed was how much money we were spending on restaurants each month. So we love going to restaurants, whether it's on our own or with friends, but we decided as we wanted to quit our jobs and retire early, perhaps we should save money by switching to takeaways. So that worked for a while. Until our kids ordered a pizza from our favourite place and I almost had a heart attack when I saw the bill. They ordered four pizzas and some nibbles and the bill was 60 quid. Don't forget pizza is flour, salt, water and baking powder. It's true. A little bit of toppings, that's it. 60 quid. So from then on our kitchen at home became a pizza kitchen and we did it ourselves and we saved even more money. So that was another win. A win, win. Again. Another point where we noticed we spend a lot of money is on food and we spend a lot of money on supermarkets.

It's not what we were buying, it's where we were buying. So we made a switch. We went for a lower cost supermarket and we were quite surprised because the prices were good and the food was very similar quality. For example, if you buy pasta in one supermarket, and pasta to the other supermarket, the only difference is the label because it's still flour and water inside. And some eggs. Yeah. So another plus was that there was a better selection of wine and actually that was less expensive too. So it was another win. A win for us because we love wine. So another way that we started to save money was also to think about leftovers and how much we had left in the fridge and what was going to waste each week. I don't like to waste food. No, he really doesn't like to waste food. Even if I need to eat the same thing for one week, I'm going to do it.

So we started to make shopping lists, really plan the meals for the week and then make sure that we were cooking enough so we could eat the same thing. Maybe not the next day. So I introduced to your family, the leftovers. We need to eat the leftovers. Yeah, the problem was before that we didn't have any leftovers. Yes, they ate everything. Anyway, we cooked a bit more. And of course, there's economy of scale and it means that you've got some for maybe a couple of days' time. Because the benefits to cooking more, you use the same gas, you use the same electricity, you just buy a little bit more food and you can switch that for this day and to another day.

And actually for us, when it was a night where we didn't have to cook, it was brilliant. We could just put our feet up after a day at work and enjoy the fact that the food was already in the fridge and we just had to heat it up. So not only did we save money, it was very convenient too. Yeah. As you notice, it was very easy to save money each month and that was part of educating our brain to our new retirement journey. Because we knew that in the end when we retired early, we had a five-year plan, that we wouldn't have a monthly pay check anymore. We would be too early for a pension and probably not able to get any support from the government. So we knew that we had to adjust to having less money. So not only did we save money, we also re-educated ourselves about how to live, what was important. With less things because we don't need all these things. So that was one part of our journey to quit the 9-5. It's kind of an essential part that we needed to go through.

Yeah. So don't forget to subscribe and to click on the thumbs up. That is helping us and helping our channel. Don't worry, it's free for you. And we've got plenty more videos to come about our retirement journey to France. So hopefully you'll watch us again soon..

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Follow this step-by-step process to retire early than 99% people | Financial Planning

hi everyone so here is my holding on four big stocks that I own in my portfolio and if you aggregate the numbers you will see that my investment amount is huge on the flip side this is the car that I drive it's a tat Nixon so I naturally get asked a question that aat you have a lot of money a lot of wealth this that so why are you driving a basic car the short answer is that it is a part of my retirement planning living frugally spending less being sensible about it being practical about it is the core tenant on which I operate basically my my viewpoint is that I would rather have a lot of flexibility in my life not stress about money live wherever I want to live for example right now I'm in South Goa I keep on traveling here and there peaceful environment weather right and all that stuff so I prefer this flexibility so this is a practical Insight that I have discovered right from the time I had a corporate job K sensibly I have to save and invest and I have to keep my lifestyle inflation in check in order to achieve early Financial Independence SL retirement so on this video video I'm going to share with you practical insights practical strategies that I have personally used in order to achieve early Financial Independence after watching this entire video you will get a very clear idea what is it that you should be doing what is it that you should not be doing because most of the people that I see who are interested in getting early Financial Independence SL retirement they just keep on doing Excel all day right we will become like retired in like this amount of time no all this will not help you study the math also so first and foremost please like this video so that these type of fundamentally research video reach out to more people I speak from life and practical experiences whatever I have personally done second key point is please watch this video till the very end it's a very humble request I will condense a lot of interesting insights for you in a very short span of time watch it till the very end you will not need to watch any other retirement oriented video all practical points will be spoken about so on that note let me me share a very broad framework and the rule is called as 991 Rule now what is the meaning of the rule so here is the snippet take a look at this this rule is applicable across a wide range of Industries let's pick the example of Internet what you will observe is the fact that 90% of people waste their time on internet scrolling we scroll all day we'll just watch like shorts after shorts after shorts learn nothing do nothing so 90% people on the internet waste time 9% % of the people use internet intelligently probably to gain knowledge learn something new upskill themselves do good good things probably watch my channel subscribe to my channel and like this video and 1% who are at the top of the internet food chain they are the one using internet to make a lot of money and turn it into a profession so this split of 99 and one is applicable across a bunch of Industries and it is also applicable in terms of Investments Exel EX all day long that you know what okay if I save this much amount of money grow it at like this much rate then I will be retired in like these many years that's incorrect that will not work you have to have basic principles sorted out you need to have basic practical wisdom on this topic in order to understand this concept more let me give you some math here for example let's say that it is the year 2023 you have saved roughly 1 rupe right now and you'll say right and now I can retire just live off by growing my money at like crazy rate and I'm done but see the point is that if you study inflation and the way the inflation is being played out practically in the economy the cost of raising a kid has gone up like crazy on top of that foreign education has become extremely expensive the inflation there is crazy so from that perspective you know what the rate of inflation in the economy is 5 6 7% but practically the type of services that you might be availing the inflation there is absolutely mindboggling for example consider health insurance the premiums on health insurance term insurance is growing at roughly 14% kager 14% kager every single year so it is critical to Avail these type of services as soon as you can so on that note let me introduce you the sponsors of today's video which is Max life insurance imagine that you're 35 years old and you won a lottery of 10 CR rupees you'll feel yeah oh 10 CR rupees I'm just going to rule the world with it I'm going to resign from my job live a retired life this that all good good things but here is a problem and let me use the math of 1 CR rup and the value of it after a few years so 1 rupe after 10 years only remains 50 lakhs if you assume a 7% inflation similarly after 15 years the value will be only 36 lakhs after 20 years it will only remain 25 lakhs of buying power at current inflation of roughly 7% so the point I'm trying to drive home through this example is very simple that retirement planning is not that easyl models and we follow so many things systematic withdrawal plan this is that but it is not easy those are not practical practical things so retirement planning is an area where I have had some bit of practical experience because I currently live in Goa I could technically call myself retired I'll not use the word retired because that has a negative connotation to it but I would call myself financially independent that I get to work wherever I want whenever I want how much ever I want so from that perspective I can call myself semi-retired so to say on that note the very first thing that you absolutely need to do literally the ABC of retirement planning is that you need to protect yourself and Safeguard your family and for that you need to have an insurance and on that note let me introduce you to the partners of today's video which is Max life insurance they offer the plans at very affordable premiums by paying 700 rupees monthly you can get a life cover of 1 CR rupe now this comprehensive plan comes with a host of advantages SL riders for example you can get disability cover you can get protection against 64 critical illnesses you ALS also get accidental cover life cover on top of that one of the key components that you need to remember while buying an insurance is the claim settlement ratio which simply means that if an insurance organization is getting 100 requests for processing claims how many claims are they actually processing out of it Max life has a claim settlement ratio of 99.51% which is good Max life also offers free cost of term plans with special exit value which means that with Max life term insurance plans you can get back your premium at no extra cost so do check out all the details in the description and comment box and let's move on to point number two so with that said let us move on to the concept of retirement planning practical points the first critical point that you must understand about retirement planning is the retirement planning math Excel spreadsheet I will tell you in very simple back of the envelope calculation of critical points that you need to understand in order to grasp the concept of retirement okay so the retirement math formula comprises of these four buckets I will quickly explain it highly practical points right so the first point is that you must understand what your current lifestyle is and what is the inflation on that lifestyle so let me give you an example so let's say that currently you live in Delhi and your monthly expense is one lakh rup home you have a family and right now one simple choice that you can make is and if your work permits that you're working from home online then probably you can go to some other smaller City so that maybe you will be able to cut down your expenses by 30 40% and studies show us that you can cut your expenses so these are some of the Practical tips that you must keep in mind so the first practical tip in terms of your retirement planning that I will give you is that if you're planning on retiring early then always look for scope to shifting to smaller cities because this 30 40 dip in expenses will be there right so this is part one part two is that see your life will always be upgraded right that we want like better phones better Hospital facilities better education kids then more expenses on kids so lifestyle inflation will always be there so the first challenge that you will witness is that you need a very honest assessment that okay I'm living in Delhi and 1 lakh rupee is my ker what is the realistic expectation in inflation I expect in my lifestyle where I will be happy for example okay that okay if I have like a wife and if I have two kids or if I have a husband two kids then then my will get doubled right so this is the base amount that you need to consider and here there will be an approximation only right you cannot again like sit on Excel spreadsheet that okay today the education expenses like this after one year it will only grow by 10% and my rent will only grow by 10% right so this is the Practical point that I I'm telling you and one mitigation strategy is that always figure out early in your life and get that that location Independence Point very very critical it can help you out a lot in terms of your retirement planning then comes the second point that it is pretty much irrelevant what your current salary is for example your current salary could be 1 CR rupe a month but if you invest 0% of it or if you save 0% of it then how much you have contributed to your early retirement or retirement planning the short answer is zero it is almost relevant how much money you are making more important factor is that how much you save and invest so this is the second critical point the third critical point is the rate of growth of Investments now this is a very interesting snippet it shows that bab India May that only 3 three and a half% people invest their money in mutual funds most of the savings of Indians savings means that okay if your salary is 1 lak rupe and you're saving 10,000 rupe then most almost 90% of Indians keep that in fixed deposit now this is not a rant against fixed deposit fixed deposits are good instruments under certain circumstances No Doubt about that but your growth money the money that you're looking to grow at a rate of 10% plus that needs to be put in something called as growth assets and FD is not a growth asset something like mutual fund is a growth asset something like real estate good real estate is a growth asset something like a stock or a good stock is a good growth asset now why am I calling this 10% as the Baseline there has to be some head or leg to this 10% right so what you need to understand is that even if you consider the official rate of inflation in India it is somewhere around 6% and please note that this is just official number this is unofficial inflation will be much higher but official because that is a number that we can all be sure of that inflation in India which simply means that in 2023 you are getting an Apple at 100 rupees then next year most likely the cost of that apple is going to be 106 rupees why because the price rise of apple has happened by 6% so that is what inflation means so inflation in India is roughly 6% and 4% you need as a systematic withdrawal limit or systematic withdrawal plan so how does this work out let me quickly explain that right so let's imagine that this is the year 2023 you have saved 1 CR rupe okay and then you say that you know what my current lifestyle is such that I live in a tier 2 tier three City Village and inflation be if I compute on my standard of living that I will get married have kids all this stuff hypothetically then my Kaa every year or my expense every year I'm talking on yearly basis is roughly 4 lakh rupees okay now as per systematic withdrawal plan what you can do is that in 2023 you can theoretically retire why and there is a condition that needs to be met here that your total Corpus is 1C right your current lifestyle plus inflation is how much 4 lakh rupees roughly four lakh is what mywp a systematic withdrawal plan would be so in 2023 you retire you stop working in 2024 how much money you need 4 lakh rupe because that is the estimate that you have run now what is your Corpus down to you will say that okay it is down to 96 lakhs because 1 CR minus 96 lakhs but here is where Point number three comes into the equation that this Corpus if you have invested it properly it will grow at a certain rate and what is the growth rate of that Corpus you need to achieve it should minimum be 10% why is that because that in 2023 1 CR by 2024 how much does this become it becomes 1.1 CR then you withdraw 4 lakh out of it then you left with how much you left with roughly 1.06 CR now where does this 6 lakh go it goes to inflation that ch% inflation 4% is your systematic withdrawal rule so what are the key takeaways that you must understand practically from this discussion number one have a very correct understanding of what your current lifestyle is where will you live and what is the expected amount of expenses you will incur on early basis have a very very clear handle on that fact so in my case that Kaa comes out to be 2 lakh rupees there is a video that I had done somewhere so please go and take a look that is the max limit that so 2 lakh is what I'm estimating then comes the second key takeaway that you must save and invest quickly in order to get to your goal which is based on that 4% withdrawal rule for example example that okay I need 4 lakh rupees every month as s swp then how much money you need to have as the kitty or the pool 1C okay so that is point number two point number three is that you must be able to grow your portfolio at minimum 10% why because there is inflation angle to it and there is 4% s swp to it okay so now since we have understood the retirement math and the formula around it now let us start getting deeper into the concept about retirement methods and what are the best assets where you could invest in order to achieve that early Financial Independence or retirement so see what people think is if I go and invest my money in mutual funds retir stocks same is the case if I go and buy like five shops then yes again I'll retire very early people retire by buying real estate also people retire by buying stocks also mutual funds also the point is that whatever you are buying that asset should be good there is no point in buying like absolutely nonsense stocks which are going to go to zero how will it help in retirement planning again a related Point here is that if we just simply go and buy dividend stocks then our retirement is pakka see guys what ends up happening is that when you are buying mutual funds or stocks the issue is that markets sometimes go up like this and then they fall like this now if you are banking on the fact that every month or every year I need to withdraw 4% of my portfolio and type situation 2008 type situation Market took four 4 years to recover that every year I need to withdraw 4% of my money market has corrected unfortunately 50 60% and now you're sitting unnecessarily withdraw and all that stuff so it becomes a problem for you so please understand that both mutual funds and stocks have a component called as volatility guaranteed regular return is not the area which is useful in mutual fund and stocks people just imagine pfolio pfolio but draw down is also quite massive so you have to mix and match with other three instruments here right so this is very very important that you use mutual funds and stocks for growing your portfolio at what math at more than 10% why 10% because I told you the math earlier that 4% is your s swp and 6% is what 6% is inflation so yeah say right if your average portfolio which is a combination of this part and this part if that portfolio needs to grow at a weighted average please Google what weighted average means if the weighted average return of your portfolio needs to be somewhere more than 10% then from the growth part well it should at least be 12 to 15% returns here and then also it's fine because what this part this blue part does is that this part of your portfolio gives you stability right and this part of your portfolio gives you what it gives you growth right lot of people in the equity Market Equity best real estate real estate invest no you have to mix and match in order to do retirement planning that is the key concept that you must understand so now let me quickly delve deeper that what are some of the best options within this space if you are planning your retirement if you are picking mutual funds and if you know nothing just simply go and put your money in something called as index mutual funds expense ratio is really low expense because the commissions that you pay to mutual fund people it ends up eating a big part of your portfolio here there is a tweet that I had made on that simple topic that if you're doing retirement planning then 30 30 years 40 40 years retirement planning right every for 30 years they will invest in some mutual fund what ends up happening if there's a difference of 2% commission 1 to 2% commission well here's a math that I explained that if you invest 25,000 rupe monthly at a kager of 12% for a period of 30 years the total portfolio or Corpus size is 8.82 same math at 14% kager it comes out to be 14% but we think what's a big deal no please read this tweet carefully very very important tweet from a retirement planning point of view so if you are picking mutual fund and your aim is to grow your money at 12% that is the historic kager of nifty50 or the entire Indian market simply go and buy Index Fund it has the lowest risk no problem there right so this is point right second key point that if you are going to stocks then you should pick stocks with the intent that how to exit the stock also now this is something that I teach fundamentally on my member Community also so please go and check it out you will learn a lot more Nuance techniques of Investments I keep on saying that if you're a serious investor give it a try try for 2 three months you yourself will see a c change in your investing style but stocks don't purchase unless you know the fundamentals unless you understand the basics of stock stocks are wonderful if you're looking to grow your portfolio between 15 to 20% cash and your timeline accelerates for retirement what about real estate FD bonds okay the real estate for example when you buy a house you are buying it for your own consumption a house is not an investment per se in which you are living for example you're seeing that I'm standing and shooting a video this house is on K I will always live on K house right why because I'm consuming this but the real estate that I own every single real estate is on commercial use or is doing some kind of commercial activ AC it so to say even the Villa that I have purchased in Goa that is on Airbnb generating somewhere around 6 to 8% yield for me every single shop that I own generates 6% yield now why am I talking about 4% 6% Yi simple see real estate it gives you stability for example imagine a situation where the stock market has corrected by 50% you require your 4 lakh of yearly expenses what will you do you will draw down in the stock market if you're 100% stock investor but on the flip side if you own some real estate that real estate gives you cash flows right you might have already bought I don't know right by the time you retire you might have four five shops so every year you might be making 68 lakh rupes of rental income a it gives you an option to put more money in a down market right because you have that stability of cash flow B it fulfills your requirement that from that example point of view now I know that many critics will say that time agree guys I I'm not saying that you know there's a full proof 100% proof method out there which you will use and everything will be Hy Dy but the point is diversification there are some assets like these which are for stability Viewpoint so rather than having all your money or stable money in real estate you can put some money in bonds right don't do fds but do government bonds because the return or rate of return on government bonds is slightly higher that of FD so that is the good part there right so please understand I'm giving you all the options you need to mix and match it eventual goal that you need to accomplish is very simple that your portfolio grows at more than 10% and that can easily happen for you the moment that starts happening you will have a fairly easy time now let me close out the video by talking about four or five actionable points that you need to start executing in the year 2023 to accelerate your retirement planning timelines so there are four action points that I will leave you with number one action point is that if you have just recent recently started making money or if you are already making good money but not saving much start with the target of saving 10% of your salary just 10% and all that please do it do it for your own you will get more freedom you'll have less stress in life okay so step one is that literally start saving 10% of your salary and every 6 months try to jump up your savings rate by another four to 5 percentage points so for example we are in October and you have just started saving money you start out with the goal of 10% budgeting it can happen now by like next March April get that number to 15% what is the goal till what point you should do it well ideally right or like in know extremely good scenario would be that you end up saving 70% of your salary I save almost 95% of whatever money I'm making why because I enjoy the flexibility and lifestyle inflation that does not mean yeah I do not drive a car no I do all those things I drink like good Italian coffee and bu buch of other good good things I do right I travel abroad but budget sensibly that is the point you should spend within your limits for example for Me 2 L monthly expense is a lot I can get a lot done now my income level might be very high so that 2 lakh might look very high but that is not the case I still spend good amount of money but despite that my savings rate is very very high and that is what you should focus on point number two that if you're new to investing don't be that 90% people in that 991 rule start with index investing if you know nothing just simply go and do sip in index you are fine there is no problem there commissions be come all good good things are there you will be able to grow your money at 12 12 and half% kager what is the average return and you will be okay so this is point number two this way you will migrate from that 90% while bucket to that 9% bucket right at least intelligent and then eventually try to get into that top 1% bucket by learning about direct Stock Investing third key point you need to bifurcate your portfolio into growth portfolio and slightly risk-free portfolio so for that if you understand bonds invest in bonds if you understand real estate invest in real estates point is that you must have some stability of cash flow and buy good assets there then comes the final point that have a basic sense of what that goal of money you need to have should it be 1 CR or 5 CR or 10 CR or 100 CR whatever that money is it depends on your lifestyle what you currently have and what you expect your lifestyle to be for example if your goal is I'm working in Mumbai and I'm going to earn money in India and my goal is to eventually retire in New York so for that versus if your goal is that okay I'm working in Mumbai now I want to settle in this particular Village in India right so I hope you got that perspective that this math or setting that goal is something that you'll have to figure out depending on where you currently are external comparison that for example if you're currently on 1 lakh rupe are you happy with your lifestyle that you're currently living are you married unmarried what future responsibilities you might have so as for today do that computation maybe it will be like additional responsibilities double right so 2 lakh is your target goal on a monthly basis this is your expense now run the 4% math that I had explained you and you will have a very simple answer what is the Corpus site that you might so on that note I would encourage you to watch this particular video which is around why the Youth of India is getting financially bankrupt if you watch this video you will avoid making a lot of mistakes in your retirement planning so please go check out this video and I'll see you soon

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ūüĆć Top 10 BEST Countries in ASIA to Get Retired

Are you planning to retire soon and looking for 
the best countries in Asia to spend your golden   years? Look no further! In this video, we'll be 
exploring the top 10 best countries in Asia to get   retired. From the bustling cities of Japan to the 
serene beaches of Thailand, we've got you covered.   So sit back, relax, and let's take a journey 
through the best retirement destinations in Asia. Welcome to The Global Adventures, where 
we explore the best places to live, work,   and retire around the world. In this video, 
we will show you the top 10 best countries   in Asia to get retired, based on factors 
such as cost of living, quality of life,   health care, culture, and climate. Whether 
you are looking for a tropical paradise,   a vibrant city, or a peaceful countryside, Asia 
has something for everyone. Let's get started! РNumber 10: Sri Lanka. Sri Lanka is a 
beautiful island nation in the Indian Ocean,   with a rich history and culture, diverse 
wildlife, and stunning scenery. It is one of   the most affordable countries in Asia, with a low 
cost of living and a favorable exchange rate.

You   can live comfortably on a budget of around $1,000 
per month, including rent, food, transportation,   and health care. Sri Lanka also offers a variety 
of visa options for retirees, such as the My Dream   Home Visa, which allows you to stay for up to 
two years with a minimum investment of $15,000. РNumber 9: Vietnam. Vietnam is a fast-growing 
and dynamic country in Southeast Asia, with a   mix of modern and traditional influences. 
It is famous for its delicious cuisine,   friendly people, and natural beauty. 
You can enjoy a high standard of living   in Vietnam for a fraction of the cost in 
the West, with an average monthly budget   of around $800 to $1,200. Vietnam also has a 
high-quality and affordable health care system,   with many private hospitals and clinics that cater 
to foreigners. You can apply for a retirement visa   in Vietnam if you are over 55 years old and 
have a monthly income of at least $1,000. РNumber 8: Malaysia. Malaysia is a diverse 
and multicultural country in Southeast Asia,   with a blend of Malay, Chinese, Indian, and 
European influences. It is one of the most   developed and stable countries in the region, with 
a high quality of life and a low crime rate.

You   can live comfortably in Malaysia for around $1,500 
to $2,000 per month, depending on your lifestyle   and location . Malaysia also has a world-class 
health care system, with many accredited hospitals   and doctors that speak English. You can qualify 
for the Malaysia My Second Home (MM2H) program,   which grants you a 10-year renewable visa, if 
you meet the age and financial requirements. РNumber 7: Cambodia. Cambodia is a charming 
and laid-back country in Southeast Asia,   with a rich and tragic history, a vibrant 
culture, and a friendly population. It is   one of the cheapest countries in Asia, with 
a very low cost of living and a favorable   tax system. You can live well in Cambodia for 
around $600 to $1,000 per month, including rent,   food, utilities, and entertainment4. Cambodia 
also has a simple and flexible visa policy,   which allows you to stay indefinitely 
with a renewable retirement visa,   as long as you are over 55 years old and 
have a monthly income of at least $1,200. РNumber 6: Thailand. Thailand is a popular 
and attractive country in Southeast Asia,   with a diverse and fascinating culture, a warm 
and tropical climate, and a hospitable and   fun-loving people.

It is also one of the most 
affordable and convenient countries in Asia,   with a low cost of living and a high quality 
of life. You can live comfortably in Thailand   for around $1,000 to $1,500 per month, depending 
on your location and lifestyle . Thailand also   has a modern and accessible health care system, 
with many internationally accredited hospitals   and doctors that speak English. You can obtain 
a retirement visa in Thailand if you are over 50   years old and have a monthly income of at least 
$2,000 or a bank balance of at least $25,000. РNumber 5: Indonesia. Indonesia is a vast 
and diverse country in Southeast Asia,   with more than 17,000 islands, each 
with its own unique culture, landscape,   and lifestyle. It is also one of the most 
affordable and adventurous countries in Asia,   with a low cost of living and a high level 
of excitement.

You can live well in Indonesia   for around $800 to $1,200 per month, including 
rent, food, transportation, and entertainment4.   Indonesia also has a decent and inexpensive 
health care system, with many public and   private hospitals and clinics that offer basic 
services. You can apply for a retirement visa in   Indonesia if you are over 55 years old and 
have a monthly income of at least $1,500. РNumber 4: Philippines. Philippines is a 
friendly and welcoming country in Southeast Asia,   with a strong and colorful culture, a diverse 
and beautiful nature, and a lively and energetic   people. It is also one of the most affordable and 
enjoyable countries in Asia, with a low cost of   living and a high level of happiness. You can live 
comfortably in the Philippines for around $800 to   $1,200 per month, including rent, food, utilities, 
and entertainment. The Philippines also has a good   and affordable health care system, with many 
hospitals and doctors that speak English and   accept international insurance. You can qualify 
for the Philippine Retirement Authority (PRA)   program, which grants you a permanent visa, if 
you meet the age and financial requirements.  In the Philippines, retirees can enjoy various 
benefits such as discounts on goods and services,   tax exemptions, free medical and dental services, 
and priority assistance in government offices.   Retirees can also avail of the Philippine 
Retirement Authority (PRA) program, which offers   incentives such as multiple-entry privileges, 
exemption from customs duties and taxes for   the importation of personal effects, and access to 
the Greet and Assist Program at selected airports.

РNumber 3: Taiwan. Taiwan is a modern 
and progressive country in East Asia,   with a strong and vibrant economy, a rich 
and diverse culture, and a friendly and   polite people. It is also one of the most 
developed and comfortable countries in Asia,   with a high quality of life and a low cost 
of living. You can live well in Taiwan for   around $1,500 to $2,000 per month, depending 
on your location and lifestyle4. Taiwan also   has one of the best and cheapest health care 
systems in the world, with universal coverage   and high-quality services. You can apply for 
a retirement visa in Taiwan if you are over 60   years old and have a monthly income of at least 
$2,000 or a bank balance of at least $50,000.  In Taiwan, retirees can benefit from the 
National Pension Insurance (NPI) program,   which provides a basic pension for citizens 
aged 65 and above who are not covered by   other pension systems.

The monthly pension 
amount ranges from NT$3,628 to NT$18,144,   depending on the number of years of insurance 
and the income level of the beneficiary. Retirees   can also enjoy various welfare programs such as 
the Senior Citizens Health Examination Program,   the Senior Citizens Welfare Allowance Program, 
and the Senior Citizens Care Service Program. РNumber 2: Japan. Japan is a sophisticated 
and advanced country in East Asia, with a   unique and fascinating culture, 
a stunning and diverse nature,   and a respectful and courteous people. It is also 
one of the most safe and stable countries in Asia,   with a low crime rate and a high life expectancy. 
You can live comfortably in Japan for around   $2,000 to $3,000 per month, depending on your 
location and lifestyle. Japan also has one of   the most efficient and effective health care 
systems in the world, with universal coverage   and high-quality services. You can obtain a 
retirement visa in Japan if you are over 60   years old and have a monthly income of at least 
$2,500 or a bank balance of at least $100,000.

РNumber 1: Singapore. Singapore is a small 
and prosperous country in Southeast Asia,   with a dynamic and cosmopolitan culture, a 
clean and green environment, and a diverse   and harmonious people. It is also one of the 
most livable and convenient countries in Asia,   with a high quality of life and a low cost 
of living. You can live well in Singapore for   around $2,500 to $3,500 per month, depending on 
your location and lifestyle4. Singapore also has   one of the most excellent and affordable health 
care systems in the world, with universal coverage   and high-quality services.

You can apply for a 
retirement visa in Singapore if you are over 55   years old and have a monthly income of at least 
$3,000 or a bank balance of at least $200,000. Thank you for watching this video. We hope 
you enjoyed it and learned something new.   If you are interested in retiring in Asia, 
we recommend you to do your own research and   visit the countries that appeal to you. 
Asia is a diverse and amazing continent,   with many opportunities and challenges 
for retirees. Let us know in the comments   which country is your favorite and 
why. Don't forget to like, share,   and subscribe to our channel for more videos like 
this. See you next time on The Global Adventures!.

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Why do People Struggle the First Year in Retirement? We were surprised!

the first year of retirement isn't always the dreamy Escape many people imagine no it's not maybe one of the most significant transitions in your life it was for us and it probably is going to be for you and that's because it's filled with all the unexpected challenges roadblocks and adjustments you have to make in this new pH and I think it's really important to understand that if you fail to navigate this first year you might find yourself questioning your entire decision to retire and today we're going to give you some strategies to feel empowered to overcome any of the struggles you might find do we ever feel like we made a mistake and we should still be working I do sometimes do you I do back in your corporate life I oh my good I do I know but listen and I'm sure some people do maybe but if you're new here I'm Mark Rollins and this is my wife Jody Rollins we don't focus on the financial aspects of retirement but rather life lifestyle Health relationships and more and we're so happy you're here today and it really would be helpful to us if you could share this video with anyone else that you know or care about that's in their retirement Journey too and you know join our free Facebook community at retirement transformed we go live each week and offer guidance support strategies to make this chapter the best it can be so before we jump in I want to remind you that this first year of retirement really sets the foundation for all the future years to come so you want to be able to equip yourself with the knowledge that you need you want to stay proactive and embrace this new Journey with a lot of confidence you know we know dozens of people who are floundering in this first year of retirement and it's really not pretty to watch I was at a bridal shower this past weekend and a woman across the table from me said um you know I heard her talking to someone else and she said I'm terrified and I thought oo this will be an interesting conversation we're at a bridal shower I'm not sure what there is to be terrified about but she's a teacher and this is her last year so in June she's done done after 35 years of teaching the third grade and she said I'm I'm literally terrified I don't know where to start that is scary and it it's scary for everyone I'm not saying it's scarier for a teacher or doctor whatever but if this is all you've known and you know teachers have a special kind of thing they they work from the middle of August through the end of June and then I have the summer off right and you do that for 30 40 years right and it's a routine that you're comfortable with and you get enjoy it you get fulfillment right what do you how do you feel that so the first year is really really important to get that right my dad screwed it up big time I mean he without a doubt he's a good example of someone who made a lot of mistakes in his first year and I you know I I tell people that retirement actually killed my dad because he just didn't know how to get through this first year and set himself off in a spiral which yeah he was he was unprepared and a lot of people do enter this phase of their life maybe prepared financially but unprepared emotionally and with all of the kind of red flags that start to come their way you know your dad really just couldn't reinvent himself he lived in the used to world yeah it was it was bad but you know we do know plenty of people who think this phase is easy and for some people they actually make the transition smoothly but for others like my dad you know like I said it can actually kill you if you don't really get it right so we should cut the mystery and jump into what people really struggle with yeah and I think the first thing we see in people that we know and clients that we have and talks that we have given as well as the research that we do is this major loss of identity that hits you probably a week or two after you retire ire yeah and for a long time whether you're a teacher or a doctor or a lawyer or an insurance agent or a corporate executive we derived a lot of our selfworth from our job roles right I mean that's just the way it was and it you know when you first got out of college and started your job it was one thing but by the time you ended up you were at a much higher very senior level in your company and that was your identity and when that identity no longer exists you really find yourself in a strange danger zone right you know without an identity in retirement you can have feelings of worthlessness and and really have a hard time finding your purpose and passion so it's really a reinvention of source so in your first year this is going to happen you're going to lose your identity and you really need to start thinking about creating a new one you don't want to go too long like my dad did and spend the next 10 years holding on to or feeling sad about losing your identity you want to make a new one it's really really important now the other thing that people struggle with in the first year of retirement is financial concerns and that's normal right because you're moving from a time in your life when you have a steady paycheck or an expense account or whatever it might be health insurance all of that is just coming at you automatically yeah and then it stops it does stop and then you have your nest egg and Market volatility can add to your stress you know if you've planned properly up to that moment but then have to make different financial decisions moving forward maybe riskier or less risky Investments depending on you know how you're advised you find yourself in a little bit of a budgeting process that becomes really crucial to how you're going to live this first year well it's a good point and we spend 30 40 Years of our life accumulating assets right just adding to it adding to it adding to it 401 okay whatever it might be but then that stops and now you go into this new phase called uh decumulation where you're actually taking your savings and your assets and living on that and that is mentally is a really hard financial concern so in the first year you've really got to make sure that you figure that out and get comfortable with it and have a good plan a good financial plan or you know really nail your financials yeah really and then you know we hear a lot from people you know that they're bored they're bored in retirement you know they don't really have a routine that they can stick to and they really struggle that first year getting away from you know the the structure and accountability that they had with their work days just this morning I was down watching the sun come up and I ran into my friend who retired a year ago and he keeps himself busy but you know I was checking with him and say how's it going cuz it's it's okay it's okay how's your you know how's your new uh career that you're doing he's a he's a writer now and he's writing he said well it's interesting you know I watch you guys on YouTube and you talk a lot about um having routines and I find that it's easier not having a routine which it is but then he doesn't do what he wants to do which frankly is harder if you don't have some routines built in and some plans for your day in the first year of retirement you're going to get used to not having routines you're going to get used to not getting things done and you're not going to like it you just are not going to like it so I think that it's easier to have routines maybe harder to get moving in that direction but once you have them your life becomes so much easier I don't know how you think about no I I agree with you I do know we get a lot of push back on people who want to just abandon routine because they've lived 35 or 40 years in a strict routine and I really advise people I think it's okay to let it go for a little while but not too long so that you know as they say the proverbial horse is out of the barn and now you can't get it back you wake up every day what am I going to do today that is not a good position to be in for a whole year for sure now the other thing that you can struggle with and you might struggle with right out of the box when you leave your career is social isolation I know for me I had you know 80 people working in my company I was the CEO and I had great relationship with these people and it was kind of like Fridays were what are you going to do this weekend what's going to happen Mondays were how was your weekend what did you do how are the kids how are the grandkids all of this stops right and then it's just you and me I really I really it's important to remember that um you know those relationships that you had at work even extending out to you know I knew a lot of you know my co-worker spouses and their children and I watch them grow and go through college you know you have that longevity of your story your relationship story with these folks and some of them you will bring with you but a lot of them get kind of left behind in the situational kind of friendship bucket um so the big message here is you need to is to replace it you've got to find Community whether it's joining a health club or you know we do pickle ball we talk about that a lot going back to church or religious institution Social Clubs community centers Gym classes gym classes reaching out to your friends make a list of all your friends and start contacting them because you don't want to struggle with social isolation in your first year it's really going to bring you down you know and the fourth thing that we really wanted to talk about was your health and physical activity because I know we did this when we retired you know we were like you know we're just going to go ahead and relax and eat and drink and just sleep late and you know we got a little sluggish there for a while and it wasn't healthy for us and we did course correct and um you know not saying seven days a week you know 30 days out of the month we're always on track we do stay on the health and wellness you know Mission because as you age health challenges come your way it just happens well the other big thing that you could find yourself struggling with is when you first retire in your first year depending upon your circumstances with your partner in in this case jod and I as a married couple that relationship can struggle because we both had work we had our careers we had time at home but every all the Dynamics change when both of you now are home all day long and Frank of this business for us is really helpful because it gives us something to do together but we also do a lot of things on our own we do and and you know while the business is helpful it adds stress and boundaries become even more important I think so if you're starting a business in retirement which we should maybe do a series on that we are we definitely are because there is some Milestones that we uncovered well the other thing that people struggle with in the first year is getting used to setting goals like you said a lot of people say gosh you guys do all this planning and stuff but you need to if you don't set some goals for yourself because you were used to that during your career right you set work rated Milestones um you might find yourself without goals a little bit aimless and at least having personal goals on your physical or whatever it might be yeah I think the big difference with goals is now you have a chance to hold yourself accountable and your goals can be aimed at things that you're really interested in right and then if you're really interested in for example I've been trying to I've been practicing I don't know that I'll ever end the practice but you know different things in yoga and I set goals for for myself no one else is holding me accountable I mean you would have no idea no I but you come home and you tell me about the new stances like the the the one-legged chicken is that one of the things it is not one but we'll do a whole another yoga series I guess well I think again having goals is really important and you know just a a couple more things your emotional well-being it's easy to get in this first year and all of a sudden find yourself sad and down and cre uh you know that stuff will will creep into your life if you're not doing everything we said you know what's funny about this this emotional well-being one because I'm so sad all we actually had a little bit of a tussle this morning you think and sometimes I wonder if in retirement you have more time to think about things mhm and you know maybe you create a mountain out of a mole hill you think no no no what is this I didn't do that yes you did my finger never you're the one that built this huge mountain this morning out of a mole hill so you know I wonder if this is something to really focus on you know you know recognize emotions that you have and consider even you know seeking some counsel on it so now I need a therapist for our relationship this this whole first year of retirement can be very very difficult without a doubt definitely it's meant to be fun and exciting so we don't want to find ourselves in a rut and unsure what to do next yeah I mean trust us when it when we tell you if you get into some good rhythm in your first year the rest of your retirement can become all that you dreamed of like our retirement right that's so funny we hope you enjoyed this video and if you did this next one a happy retirement is in your control we talk about how to bring healthy habits into your life so that you can flourish in retirement so watch this one next

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Don’t get bored in retirement! Steps so you don’t fall into this retirement trap.

because there are many people who leave retirement with a huge sense of relief and excitement you have your life back maybe they were shocked when a month or six months or a year or even longer went by and they finally hit a wall for some it creeps up sooner and others it hits later and harder and that you get that feeling of okay so so now what or the feeling like everything feels a little out of control although I'm bored which is kind of a strange juxtaposition today we want to focus on how to prevent boredom in this phase of life boredom is the silent killer that can end your retirement way too soon if you begin to let the days unfold with Lila or no planning you're going to find yourself with idle time and that can lead down a path of self-destruction or at a minimum feel lost and a little scared about what the next 30 years of your life will more and there is boredom leads to loneliness which leads to a list of chronic illnesses such as heart disease anxiety depression and more today we're going to give you some easy Surefire steps to make sure this doesn't happen to you and you're going to finish this video knowing that what you can expect and make a plan to avoid this largest retirement Challenge and stay to the end where we're going to give you three easy steps to bounce back if you feel bored but before we go any further we want to introduce ourselves my name is Mark Rollins and I'm Jody Rollins and we started retirement transformed not only for us but also for you and the 10 000 people turning 65 every day now we don't focus on the financial aspects of retirement but rather lifestyle Health relationships and more if you're new here please hit the Subscribe button and also the notification button so you'll get notified when our videos come out all right let's get into it during your career or if you are a stay-at-home uh mom or dad you were busy right 40 to 60 hours a week and you had a built-in schedule you did if you had children then that was your schedule running them from place to place organizing being involved and you had routines and you had routines that were commonplace maybe you got up at six there was coffee you checked emails maybe had breakfast you did a little exercise that was what our morning was like but it was just automatic we didn't even think about it we had to do that right and then at night at night we would uh come home uh open a bottle of wine cook some dinner and put another bottle have another bottle of wine watch some TV and almost busy Beyond busy in fact we made busy a thing in our house yeah during the week it was it was sort of Controlled Chaos yeah so sometimes it was just chaos weekends for us was rest catching up doing chores doing laundry going dry cleaners having fun with friends but then and they landed that's right you land in retirement and there's this huge relief that now you're free to commit and do whatever you want to do without a schedule and you're free from your from you're free from being Tethered to your career with all of those responsibilities and time commitments that's right and it opens up I remember our first Monday after retirement we retired at the end of 2018 on a Friday at three in the afternoon we walked out of the office with our boxes with our boxes and I remember that Monday the weekend was kind of cool but I remember Monday we still got up at six because our bodies were used to it we still had the coffee we still watched the news but then we had more coffee more news and we said hey we've never really been able to watch the morning shows let's do that all of a sudden it was 10 30 and we're looking at each other like now what do we do well and then if you think about it on that Monday where the blues were just starting to sink in we decided to shower and go out for lunch right and what we didn't really click into was most restaurants were closed on Mondays that we would go to so we came home when we made a list of chores we needed to do around the house well wait a second what we were going to do you made a list of chores I needed to do around the house which wasn't really fair but that's not true you wanted to keep me busy well and then Mark will say things like let's go to Home Depot and before I know it we're at like nine other stops and we finally get to Home Depot well we also decided let's start a Netflix series which we had never really gotten into no so all of a sudden it's six o'clock in the afternoon and we hadn't done anything other than made a list went to Home Depot watched three hours of TV and now it's time to cook dinner and then before we knew it Tuesday looked like that Wednesday looked like that Thursday looked like that and Bam there we are with a board retirement and that was embarrassing to say boredom had set in and we we didn't even want to say to each other but there it was right it was there so we got to work we did we dug ourselves out of that feeling and invested some real time in figuring out how would we fill our days you know maybe you had a different experience because there are many people who leave retirement with a huge sense of relief and excitement you have your life back maybe they were shocked when a month or six months or a year or even longer went by and they finally hit a wall for some it creeps up sooner and others it hits later and harder and that you get that feeling of okay so so now what or the feeling like everything feels a little out of control although I'm bored which is kind of a strange juxtaposition today we want to focus on how to prevent boredom in this phase of life so the first thing you need to do is you need to do some planning now I know I know what you're thinking and you've heard us say this before you've heard us say this before but there's no way you went through a 30 or 40 year career without planning so you need to plan in retirement too because you want to plan on how to fill this new found 40 plus hours of free time that come your way and it's going to guarantee you have at least one activity each day to look forward to you know it's also going to open up you know opportunity for you to make some commitments yes you know we had a client Deb who ended up making a commitment to her College roommates after she retired that she was going to do 52 new things a year that was one new thing every week for a year sometimes alone sometimes with her friends but that's the other thing about this phase book sometime with your friends go to a gym play golf with a friend just go have a cup of coffee or carve out time for your partner Jody and I carve out a lot of time during the week for each other and I would say also especially as a prior recovering working executive mom workaholic maybe you know carve some time out for just yourself what is it that you want to do but again by planning you're going to open up your calendar and you're going to be able to make these commitments so morning time yeah our coffee we sit and chat no TV we just it's funny because we watch we did the whole thing in the beginning with the Netflix series and binging we've really stepped away from TV we don't do it that much if it's a rainy day and we get the urge maybe but our coffee time is pretty sacred I think that's important it is and you know we don't even really turn on the news anymore because there's so many ways that we get news right so news comes at us through our phones and our laptops and you know YouTube and all these other people besides the planning that we do when we're having coffee we just have nice conversations we chat about the kids and things we're going to do or dinner plans or opportunities each of us may have been given for the week and we also talk about what we're grateful for yeah now a lot of people say okay we heard you say that but what do you fill your days with well we obviously have this business but you also need to find something for for ourselves a hobby exercise reading research go to the library when was the last time you were in the library and got lost in some research on a hobby or a or anything that you wanted to learn something about or spend time with a friend you know having a community in retirement is really critical I also think this is a great time you know I know for me weekends were filled with chores when I was working because that was the only time I had a chance to do them but they were always the emergency chores well there are also chores that like kind of overwhelmed me because I had to get it all done now you know I can space out you know I can clean a closet I can clean a drawer I can organize part of the basement I can take a load of stuff to a charity you know so you know adding a chore or something like that to do each day actually makes it a little more fun and a lot less pressure you know the other thing that we've found is that we retired with closets filled with work clothes that we haven't worn in years we've already purged twice right really give serious thought to getting rid of your work clothes so that someone else can wear them you know I think that's really really important you know I think it's important to remember that building each day with a plan begin with your plan it'll do wonders for your boredom it almost negates the opportunity for boredom to get in plus I think it's okay at the end of the day when we're having dinner whatever to check in and see how did we do today right what was it what was the best thing that we did today and what are we looking forward to tomorrow right you know if you stick to this schedule with the morning planning making commitments and activities and filling your days putting in some down time too you'll feel less bored and more excited about what tomorrow brings so the last thing we want to share with you to make sure boredom does not creep into your retirement is to protect your weekends we did talk about that a little bit how weekends were so important to us during our career but they're really important now too we really like our weekends we do and you know we we fight that urge and we fight that wave and we actually fight some clients on the fact that they say shouldn't every day be a Saturday now that I'm retired but our weekends we still do fun weekends right and our response is no you know protect your weekend Savor your weekend still make Saturday Saturday plus you do want to plan some things we did another video on this we want you want to plant some things so you know what day of the week it is right you don't want to just feel like every day is a Saturday but we do certain things on Mondays and Wednesdays and Fridays and all of that but the other thing about weekends is a lot of our friends are younger and they still work right so we plan things to do on the weekend with them because they're more available yeah I mean even if it's dinner out or a farmer's market or breakfast or you know a day trip to a to a village nearby we plan that on the weekends really savoring that weekend time you know what you don't want to do is be a weekend homebody because because there are crowds you know it's okay these days to get out you know bring your own crowd into the weekend bring your own energy into the weekend so we're big fan of weekends so make your weekends fun all right we're at the end and we wanted to give you three steps to get unstuck if you feel like you're bored first thing is as soon as you feel bored do something fun for yourself do not sit there in your sadness work on the hobby read for an hour call a bunch of friends just pick up your phone and call your friends don't just sit there and lament that you're bored you know something easy you can do is to just turn on some music loud music dance sing I like loud music Mark doesn't so much but I turn on music when I feel that boredom creeping in the second thing is spend some time planning a vacation Dream a Little Google some fun places pick some great hotels or Resorts make it a project that when you have time you feel that you can work on it get a folder include kids don't include kids include another couple talk to your spouse where do you want to go and how can you dream there's actually science around the fact that you get happier oh yeah when you're planning a vacation as opposed to even just going on the vacation so yeah if you get happier planning your day if you just sit there and plan your day even if you don't do everything it gets exciting right all right right you're feeling bored here's the third thing you can do get out of the house and take a walk fresh air if it's raining if it's snowy it doesn't matter dress for the weather go to a beach and walk along the beach or walk in the in the woods on a trail the Japanese call that Forest bathing if you're bored get out and move you know feeling bored is not a good feeling and it's not an option for you in retirement if it continues for a long period of time it can be debilitating when it kicks in adjust and do something to get you out of this funk now if you want to learn more ideas on having fun in retirement check out this video right here we just posted a while ago and it gives you a lot of great ideas and if you enjoyed this please share with your friends and also please subscribe by clicking the Subscribe button below and finally join our free Facebook Community the link is also in the notes below thanks for being with us today and we'll be back again soon

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6 Retirement Essentials (Most people only prepared 2 or 3)

I'm planning for retirement most people focus 
mostly on marshaling together enough money you   know Financial Resources so that they can last 
the distance and then maybe at the back of their   heads they have some vague plan right perhaps 
two or three things to fill the time with a lot   of the times this is stuff like travel family 
well unfortunately I'm gonna say that's not   quite nearly enough for Preparation we ourselves 
have been retired for two years and going looking   back on the past two years I kind of see like 
six essential things that if you prep for it   beforehand before your retirement starts I think 
this can really make such a positive difference   to your retirement so that's what I wanted 
to bring up and discuss with you guys today   number one first and foremost of course we have 
to talk about money most people's concern is the   amount of money that they have in retirement 
whether it will last them till the end come   comfortably and allow them to afford the Hobbies 
like travel good food Etc but I actually think   after going through the last two years building up 
our financial Acumen is just as important if not   more so what do I mean by Financial Acumen I mean 
stuff like budgeting tracking projecting investing   I mean if you think about it the money in your 
bank account can always be squandered we all   know that story I think more importantly what's 
going to make your retirement more fireproof is   having an ability to generate more money where 
it came from in the first place so the second   essential thing that you can prepare for so that 
you have a wonderful retirement it's definitely   the ability to be self-directing and disciplined 
self-direction definitely helps so much with   spending your retirement days meaningfully right 
after all there are no more like work schedules   or like demands from colleagues or bosses to help 
shape your days anymore you have to be the person   to take charge in retirement there's a study out 
there actually that shows that for happily retired   folks most of them actually have about 3.6 core 
Pursuits that's what they say and the unheably   retired folks tend to have less than 3.6 corporate 
suits coming in at about 1.9 call Pursuits that's   what the study reflected I guess it kind of just 
shows in retirement you really need to fill your   life to the brim and keep busy with activities 
you love and that is a really great formula for   happiness and self-direction will help you 
to achieve that state as well as discipline   because if you think about it like discipline 
directly affects the state of your finances right   it affects whether you stick with your retirement 
planning whether you keep fit and active and you   get to maintain your health in retirement even 
whilst you're left up to your own devices even   to find your cover suits if you don't have any 
when you're starting or in your retirement so   discipline and self-direction will be like 
the building blocks for enjoying your life   in retirement the third essential thing you might 
want to work on and cultivate or happy retirement   is people skills right so studies and research 
have reflected very consistently that the main   determining factor for happiness and Longevity 
for most of us is actually relationships Human   Relationships friendships relationship with 
your spouse and with your family I guess if   you look at most of us you know we all have 
a little need of work on some social skills   in some aspect I mean some of us are a bit shy 
paper hats or graph or maybe socially anxious   working on our people skills really will help us 
to get along and live happily with our spouse and   family members and also importantly to make 
new friendships at whatever age we all know   that making new friends gets a lot more difficult 
as we get older I mean I haven't heard anyone say   otherwise for me personally making new friends 
as I get older is the biggest challenge there's   this huge feeling that nothing can replace 
friendships with people who have known you   all your life but it is also a challenge as I 
have chosen to exercise through Arbitrage in   our retirement and we've moved away from home 
so those friends aren't with us in our present   I find that it takes a lot of intention I have 
to consciously push myself to broaden my Social   Circles and make the effort to get to know people 
on a more intimate basis I am also very happy   to be able to say that it has paid off in that for 
the last two years in Bali I have actually made   two or three new friends that I'm happy to say are 
kindred spirits and not just social acquaintances   so that's very nice and it's a huge Comfort to our 
daily life here in a foreign land away from home   now before we move on a big thank you to 
Mumu Singapore for sponsoring this video   Singapore is an online trading platform for 
stocks ETFs and options I've been using the   MooMoo mobile trading app myself for almost 
a year now and I think it's awesome it's   fast intuitive trading US Stocks is commission 
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app will save you so much money already when   you deposit at least a hundred same dollars and 
start using the mobile app to trade you stand   to receive cash coupons up to 128 Sing dollars 
and even a free Coca-Cola share worth around 87   subscribe two thousand Sing dollars or more into 
funds on the MooMoo fun Hub and MooMoo will give   you cash coupons up to 150 Sing dollars subscribe 
at least 100 Sing dollar us to Momo cache plus   and they'll throw in an additional tensing 
dollars cashback altogether that's 368 Sing   dollars worth of Welcome rewards absolutely free 
just for using the Momo app so if you're actively   investing anyhow I recommend checking out the 
MooMoo ad using my link in the description below   now back to the video the fourth essential 
thing that you can definitely work on and that   will benefit your retirement tremendously it's 
actually courage you're definitely gonna need lots   of courage in retirement and I guess this isn't 
a skill exactly it's kind of more of a quality   but in retirement you need a lot of courage 
to even plunge into retirement you need the   courage to you know take that leap of faith to 
stop putting it off due to fear of the unknown   feel or financial insecurities so then it's all 
about courage at that stage not let fear and   insecurity rule your life and your decisions it 
is also the courage to recognize that in life at   the start at the end in the middle the Domino's 
you need are never all nicely lined up you know   at some point you just got to jump into it and 
then learn to cross the obstacles as they come   so for retirement long term I guess the 
biggest issue most commonly is always money   but my perspective on this is that hey budgets 
can always be reduced money can always be earned   or recouped or whatever happens so I still 
think that you know it is actually beneficial   to Advocate an approach whereby you get to 
a point where you feel that you have most of   your Ducks lined up you've planned well you've 
prepped for it grab hold of your courage with   both hands and then take the plunge people tend 
to think of retirement as the end but it's not   it's the start of a new phase where you should be 
trying so many new things new Pursuits new ways   to live and for each of these new adventures 
you're gonna need courage to take action and   once you have taken the plunge you'll find the 
next fifth thing very very useful and that would   be a mentality of resilience especially in early 
retirement there are a lot more decades ahead of   you you know and therefore a lot more chances that 
they things can go wrong whether it be down to bad   financial planning or perhaps an unexpected Health 
catastrophe or even sometimes natural disasters   whatever comes I guess you will always need that 
strength of Will and the resilience so that you   can roll with the punches and then get back up 
you want to know that you have the mental strength   that even if things go pear-shaped you won't just 
give up and lose hope and certain Corner you've   got to Marshall what you've got inside you go out 
there find Solutions perhaps if necessary you've   got to go back to work but know that later on 
you can return to retirement and try again so the   sex essential thing that I believe will benefit 
everyone in retirement is to cultivate an attitude   of gratitude we all know life is a very long 
journey hopefully at least and so much of what   we Chase using most of our years actually doesn't 
really matter in the big picture once you have   taken a step back and then at that point is when 
you start realizing the earlier you cultivate and   attitude of gratitude and that appreciation for 
the simple little things that are probably around   you everywhere every day the happier you probably 
will be and it sounds silly but it's not really   automatic I mean we all live and grow up and 
work and go to school in a society that kind of   innovates us with messages that we need to reach 
for more have more ambition gives us you know that   High definitions of success in life that we 
have to try to jump to reach and nobody sings   the Praises of the pleasures of a simple cup of 
tea you know the importance of family time with   your loved ones or or just the pleasure of being 
able to take an evening walk on the beach with   your dog so I think that it's very important that 
somebody reminds you that you know you can not   overload what you already have what you're already 
surrounded by growing that muscle of appreciation   so that in each and every moment you are present 
in your own life you see all the little Joys that   you're surrounded with every day and if you 
live life like that I think that will help   you achieve contentment with just the small stuff 
around you and that's what majority of your life   in retirement may be about is just a small stuff 
every day but in my own retirement here in Bali it   is what makes me so grateful and so happy every 
day that I am surrounded by my loving husband   and very interesting and independent little dog 
that's very very cute you know that we have very   comfortable a bit simple house we have the ability 
to enjoy good food even if it's simple stuff   from the war rooms locally we have a garden and 
beautiful things are growing around us every day   the weather is great you know stuff is good yeah 
I think this is one of the most essential simple   things that's often overlooked simply because it's 
a matter of mentality but I believe this essential   quality or characteristic could make all the 
difference for you so these are the six essential   things that I believe are very very important for 
you to cultivate and prepare for in the leader to   actually taking the plunge into a return then I 
think that if you have these six strong skills and   qualities going for you you will be in a position 
much more well placed to make the best out of your   retirement however long that period may be let me 
know what you think of my suggestions whether you   agree or if you think they suck let me know why 
but in any event I really appreciate you tuning   in and sharing my thoughts for this week and 
wherever you are in the world I'm wishing you   a happy Saturday evening and let's speak again 
next week till then you take care and bye for now

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Top Tips to Declutter Your Home for Retirement

living in a cluttered home filled with too many possessions that don't mean anything to you can create stress anxiety and depression and you have to know that this clutter is actually stealing from you whether you know it or not it's stealing your energy it's certainly stealing your space it's stealing your money and it's definitely stealing your happiness you know it's been proven that people are less productive in a cluttered environment now look this idea of decluttering is so hard for some people and maybe you have a little bit of a hoarder mentality I think we all do we don't like to throw certain things away or maybe you always disagree with your partner on what gets thrown away yeah exactly like that stupid frying pan from college that you had there had Teflon peeling off and was killing us one egg at a time you know clutter breeds more clutter Mark's mom loved pigs pigs everywhere not live pigs but she did like live pigs pigs in every way shape or form if they were printed on plates painted on cups she had knickknacks years of pigs every gift she was given I swear had a pig on it yeah and because over the years I was buying my mom so many Pig things Jody started buying meat Pig things and I said no no I'm not the pig person no only after so this is well it's an example of someone who has a I don't know roosters or pigs or pillows would do tchotchke names on it oh that's nice but then people start giving you all this stuff and in the end your house is filled with it I mean think about it how do we get clutter in the first place and if and if you go back to what we just said you do have objects that remind you of important things or objects that have sentimental value those are hard ones we're going to talk about that at the end actually how to declutter those but then there's the expensive yeah oh really like the snowshoes that you purchased top of the line snowshoes that we have those are going to my niece who lives in Vermont they've been going to Lucy for years okay so this is what this is how this is going to go today but so to your point an expensive purchase sometimes we're afraid to let go right right we also take a lot of comfort in our possessions sure you know they make us feel comfortable you know people give us gifts and maybe you don't really want them but you hate to just get rid of them because sometimes they look for them when they come into your house well we're talking about that at the end too because that's not fair that we don't get rid of it just because they gave it to us right so appliances from your kids wait we use the air fryer twice let's jump into decline we need better air frying stuff come on recipes yes all right so if you have a good air frying recipe stick it below yeah let's talk about our process right now this might seem mundane and very granular but this is what you need to do to start and you want to start small so you have some easy wins just try it try taking your kitchen utensil drawer and take that apart first start with the area above it can't have all sorts of stuff clean that out but then take your drawer open it up and everything comes out as you're taking it out if you know something's definitely going to go in the garbage put in the garbage but get everything out clean the drawer and then if you need any kind of new separators or organizational stuff you know you want to get that ahead of time well and I'd be careful I mean you know maybe you have two of something so it doesn't go in the garbage but it goes into a bit where you're going to well I know I'm just saying I mean I'm just garbage things well if there's something in there that's garbage I'm saying put it in the garbage don't put it on the counter right but if there's something that you can donate so here's the things you can do you take it out and you want to sort it some it's either going to go in the garbage you're going to donate it it's going to go back in the drawer or saved items might go in a different drawer so you might reorganize a little bit so you can actually start a new junk drawer no and we're not in a junk drawer we're in a utensil door you're right but it might belong somewhere else this is what I do you don't do this I know you mess up I clean them I love this stuff very true but you want to keep going until the counter is clean and the drawer is full and maybe you need to make a list of new things you need like the rusty can opener doesn't work anymore but do one drawer get it done and look at it and you'll feel great and then keep going if you have the energy but do not start a new drawer never mark never start a new drawer unless you have the commitment to finish it correct right don't look at me I'm like the king of this oh my goodness so just take pictures and leave them below there's nothing worse than having a drawer half empty on the counter in there and then you won't touch it for days yep but there's also some Rules of Engagement if you're married or in a relationship or you live with someone if you have a roommate right yeah you can't you can't create this d-cut cluttering plan and have it lead to fighting you know you got to make it fun you got to make it purposeful and you could even turn it into a game you know you can agree on some items and maybe you choose not to agree on other items and I know we have a few of those well the other thing to do is if I'm going to clean a drawer I make sure Jody is gone for the day and I do it and then she doesn't even notice it but it feels so much cleaner I feel great huh what do you mean is that when that happens that's when it happens you think a little munchkin comes in the middle of night and does it no so you're going through this process start small start small start with a drawer make sure you can finish it and make sure you stay till the end we're going to give you some tips on decluttering the sentimental items that's where we really get stuck yeah we'll all do all right so let's tackle the bathroom okay now we've done the kitchen kitchen drawer not the whole kitchen which is testing we're getting warmed up all right now we're in the bathroom okay another easy one under the sink in the drawers medicine cabinet get some divisors for down below but most of the crap down there you could throw out you just don't need it you know what's funny is there are dates and expiration dates on a lot of things you know and I know there's debate whether they're true expiration dates or not but I know when we did this recently and we went through like half of our sunscreens had expired well yeah they moved all over the place and so you know you got to look at the dates look at things that are half empty things that you can combine things you don't use anymore and pay particular attention to medicines right and you can't flush everything down like you have to figure that out but the same rules apply when you're taking everything out it's either garbage donate goes back or go somewhere else and you need to be rigid with yourself you can't mess around with this you got to make sure you do it right all right so now you've had some good and easy wins and everybody feels like I should start a new business how to how to declutter people's houses I would love to do like Maria Conde or whatever yeah we should switch shift from retirement transform to clean your house I should just go out more in the house would maybe be cleaner because apparently you do it well all right so we've had some easy wins everyone's feeling great now you got to figure out how to do the rest of the house so you want to set a time frame to finish it let's say six months well you can do six months I I would say do this you know count your rooms before you set your time frame so if you have three bedrooms a living room dining room and kitchen you know that's six so then the six month time frame give yourself a month in each room I was going to say a week oh I would do a week in each of those rooms and I would say the attic the garage and the basement for Less you are definitely the expert oh yeah because they're complicated they're loaded with things that always kind of move around the house and that's where they end up well they're also loaded with things that aren't necessarily yours what do you mean so our basement attic garage is loaded with things that are the kids well that too yeah yeah but the bedrooms that's another process and I think it's it's individual but you have to take your dresser take everything out touch every piece of stuff that goes in there and put it on your bed you do my dresser when I'm gone no I never touch your dresser but it's either going to go back in the dresser it's going to donate or it's going to go and that's where donating really feels good if you have you know things that you're not wearing or things that you're not using that you know other people can use and you get them together and you put them in the car and you donate them that really does feel good bedrooms are tough because you tend some people tend to have piles of things boxes and all of that so you just have to start somewhere and keep working your way around and that's why maybe six months is a good time but I do the stuff in my hanging my hanging clothes you know if I look at a piece and I haven't worn it in a year it gets donated and what's funny is when I go through that process every year sometimes I always find a few pieces that I haven't worn in three years right but now that you have some Rhythm let's in and then move on to the dining room if you have one you know you might have a dining room cabinet that's full of glasses and platters and you know just make sure you're using them all or donate them or hand them down to their kids if they're family heirlooms living which by the way the kids don't love like China my kids don't anymore China Crystal they kind of look at it and go like no what am I going to do with that living rooms you're going to run into problems because you're going to probably have a lot of sentimental things in there like we said we're going to cover that at the end so keep listening but it's the same process yeah and and I can tell you firsthand so while you're cleaning drawers and potentially under the sink I got stuck cleaning the attic before we moved out of New York so the attic can definitely be a multi-day project and here is really the time to be really clear with yourself that you're gonna get rid of junk I mean just yeah I need a dumpster that's where junk ends up and believe me I learned that firsthand attic basement garage yeah they're tough multi-day projects might want to do it on a weekend and then clean the areas up you might benefit from putting some shelving in there or some racks we like to use those racks that have wheels on them so you can move them around the garage and clean it when you need to but right it's really um it's for me it's a fun process it's painful sometimes but in the end gosh you just feel so much better well listen thanks for staying to the end but now let's talk about what to do with the sentimental things you know first thing you can do is see if your kids or any other family members want it and believe me we tried that we got a few things from our parents we didn't know what to do with them and I remember our kids looking at us with a few Furniture pieces and said no we don't want your brown furniture so um we had a hard time we actually had to donate it donated a lot all right so with sentimental things you need to be intentional is it something that we actually use or is it just feeding memories if it's that I don't know that spoon in the kitchen you never use it because it's all crappy and old and Rusty get rid of it if you're not using it are you talking about my grapefruit spoon with the serrated edges no that's that's up on a mount on the wall with a plaque my grandmother game but don't keep these things in your life just if it's for the memory if it's feeding memories maybe limit the number like one photo one spoon for grapefruit one serving dish one tool from your dad one beloved heirloom just keep one but not all of them it's just it's just too much gosh that's a hard one what you just went through I know I guess the other thing you could do and this is a big project but turn your photos into a digital format you know get the digital picture frame what is the name of our picture frame it's called Remember uh Adventure we'll find out what it is put a link below it's amazing it just flips through pictures all day long well you can upload them from anywhere that you have Wi-Fi and you can also Grant access to other people to upload so if one of the kids takes a great picture when they're here and they have access they can upload that so instead of having hundreds of photos just send baskets do that and it's hard to have hundreds of photos if then something happens to you like your mom we have 12 moving boxes of photos that your mom had now you also can make a scrapbook which is kind of fun and if you're not really good at this you can hire someone to do it but take some photos some letters some cards and notes and put them in a scrapbook put some handwritten notes in the column one why that item is important to you and maybe it's something you could pass on to your kids and this and this fifth one is hard for me be a burden you know if someone gives you a gift and you know you're gracious and you accept it and but it's not something you want to keep forever you can't keep it forever because that's really how clutter starts all over again look this is a hard process but in the end you lighten the load you make space in your home and you make space in your mind and you're gonna feel happier really having more empty space in your home will make you feel a difference in so many areas of your life now if you like this video you're really going to like this next one do this instead of downsizing now not everyone wants to downsize so it's not going to work for everyone but in this video we walk you through ways you can make your current home feel fresh and new and we give you 10 easy low-cost tips to upgrade your house so watch this next

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Our Day In Retirement / A Day In The Life

well team i got a favorite beatles song from way back when can you tell what the title is i was gonna say is it a hard day's night norm well that might describe a marriage but uh hey yay no i was thinking about day in the life oh that's that's a great topic for a video team it is but before we get to that we are tina and norm and we talk all things retirement lifestyle and travel when we can travel and if you're new to the channel um thank you for joining us and please consider subscribing it really does help our channel grow soden a day in the life and the reason we're doing this is because we've had quite a lot of viewers actually say to us what do we do in a day so we thought we would talk you through it so it's quite simple team i get up i sit in my chair and that's it i don't do anything no that's not true is that the end of the video in actual fact norm is the early riser he gets uh at around 5 30ish in the morning and he will creep away and go into the office and he will do video editing or photos or pictures whatever is needed um for youtube or for stock that's right tina's a hard task master she boots me out of bed so i enjoy that because it's quiet i get a lot of work done i'm able to concentrate on video editing and photo editing and i i quite enjoy that so then around uh well i can hear i know when it's 6 30 because i start to smell coffee wafting through from the kitchen oh yeah that's a good sort of mini alarm clock isn't it i don't even have to look at my watching actually no you can hear it gurgling in the distance so coffee goes off on the coffee maker at 6 30.

So my job at quarter to seven seven o'clock is to get her highness here or a cup of tea in bed what the perfect way to start the day i love to do it and so we uh i wake her up with the team bed and i don't throw it at him no we put a light on and uh and then we start having our first discussion of the day yeah we um at that point we do look at our youtube channel we do just to make sure there's no naughty comments on there that need deleting we always like to see like if where the subscriber numbers are how many views we've had on the videos we've put up we just generally just have a quick chat about it don't we we do and after we've done that we will then move through into the kitchen where we will have breakfast between around 7 30 to 8.

Yeah and then normally that's uh we we tend to like eggs and um as as we've told you in a in a video it seems a long long time ago we go to an egg farm that's uh that's just in the countryside not too far from here and we get fresh eggs from the farmer and um they're absolutely fantastic so we will have eggs for breakfast of some description and um and once again we will listen to the news um on our amazon device yeah we can't say a name because you'll start talking now we've really enjoyed listening or putting that on and just talking about the news that's going on and current affairs keep up the date so that we mentally caught it it catches us and keeps us um stimulated and aware of what's going on doesn't it that's kind of nice to do that and then after breakfast i will um sit in a nice comfortable chair and i like to do some of these brain games sort of either word puzzles or suduko um yeah you like those don't you i just feel as though your brain needs to be kept active and exercised as as much as your muscles do and um so i do that every day and then um yeah generally while you're doing that i'll do like comments and that on the youtube channel won't i tina's the chief commentator replier on our youtube channel i help her out with comments but tina does an awful lot of the comments so you know who to blame if you don't like the comment and then we might have maybe maybe a mid-morning coffee or after that we'll rotina's favorite is either a hot cross bun or a currant bun from our baker friend out in the countryside with coffee so she would have that every day at 10 30 toasted with butter yeah but we have tried to cut that down a bit looking sort of weight and things haven't we yeah the injuries are starting to pack on and then we will try to go for a walk um if we can we'll go for about an hour or so it has been really cold lately so when we have to adapt to the weather and if it's really really cold we'll sometimes just walk up and down the floors and go up and down the stairs in the apartment building and it's a great way of exercising um sometimes i will go swimming but the pool's being closed hopefully it's going to be opening soon so then i might go swimming too it's had a leak which has defied uh fixing for a long time so it looks like it might be coming back online um tina would swim every day um so and then with the markets being open i like i have a watch list uh that i have put together i have two actually i have uh the global mail newspaper has a watch list that you're able to set up and also yahoo finance does and i've just switched to the yahoo finance one because it it allows you to input your stocks into there as a portfolio and it shows the running amount by the second as the market is trading it's very addictive to sit there and it's actually very interesting isn't it because as we're buying new stocks and you're putting them on there then you can instantly hopefully that we're making money as opposed to losing it but you see the graph go up and it is quite exciting isn't it but we don't we think it's important to be aware if you if you are invested directly in the stock market um because the one thing that we have done is to is to leave a fair amount of cash in uh high interest bank accounts and if we see a pullback then we will invest if it's the type of stock that we are interested we just recently did that with the bank of nova scotia and the cibc bank and bought them at a at a nice discount they they dropped in a day um and uh they've gone back up yeah it's great we're doing really well on those aren't we so we spend quite a bit of time or you spend a lot more time than i do on that but we do that and then normally tina there's that magic hour of the day comes around oh that one hey you've missed lunchtime norm oh i'm on a diet so generally we will then have lunch and then we might do lots of different things in the afternoon we might go grocery shopping yeah um we might just go for a run out just for the hell of it to get out the apartment because as you realize this day is generally different because we're at home with the pandemic isn't it but this at this time of year as we're making this video we would normally be uh somewhere sunny uh either portugal or the us all destinations yet to be explored but we can't do that at the moment so we're adapting to around here on we are we're adapting to having a boring day actually and sometimes normal say in the morning this is just like groundhog day because he feels it's the same day in day out and it kind of is isn't it but it'll get better and that takes us to that well-earned great time of the day which happens at four o'clock doesn't it norm yep happy hour yay so we have been doing um virtual happy hours with friends yeah and i must admit this it's been working really well hasn't it so we use facetime but but just to to save all our own modesties we we just do it as audio um message uh facetime so our friends can be in their pajamas if they want to be and we normally chat for an hour and a half to two hours easily don't we we'll have a beverage or two and uh chat about news what's going on about mutual friends yeah and but the beauty is that then you can actually start to prepare your meal your dinner as well while you're chatting and having your happy hour so you know we might be chatting for an hour and a half and then in the last half hour we'll start to prepare dinner which is great isn't it and there are two ways that we eat dinner we'll either sit at our table and once again continue chatting we we have a lot to talk about with our youtube channel no shortage is this our stock photography business and with with places that we've identified we'd like to travel yeah so we will chat about that well the other way is we just stick the good old tele on and we sit on the couch with our dinner and watch a movie or a show and we've been finding some really good shows on our new tv with some great movies so that's been working really well it's been very enjoyable and that's kind of what we do in the evening now we will also check then our youtube channel before we go to bed see what's happening there um get updated with comments and things and normally we're we're in bed by 10 o'clock yeah and have a really sound sleep and then it's groundhog day again and then home gets up at 5 30 in the morning now we are hoping this will change slightly as we progress to being able to go to the trailer in may we do we're looking forward to yeah which will be great but basically that's kind of what we do we're just ordinary people day in the life of isn't it and what you find in retirement is you you wonder how you're going to spend the days but those minutes just find a way of filling up on all on their own and you'll be swept along with it yeah so that's our day in the life and thanks for watching and we hope that everybody is staying safe and keeping well till the next time bye bye bye

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