- 40
- 10 562
CurtisRetired
United States
Registrace 19. 11. 2011
I quit my job to take time off and figure out what is important in life.
Mini Retirement
Mini Retirement
The Freedom of Retirement Can Be Dangerous
Talking about the things in retirement that can trip you up and cause you problems.
zhlédnutí: 32
Video
Spend Less Than You Make
zhlédnutí 29Před 14 dny
This is the most important thing to do to build wealth, you have to start with this. Start by living below your means, build an emergency fund, pay down debt and start saving to invest. #savings #secureyourretirement #retirementplanning #money #retirementplanningmadeeasy #retireearly #debtfree #debtfreejourney #debtmanagement #savemoney #saveandinvest #livebelowmeans #spendless #frugal #frugali...
Expenses In Retirement - July
zhlédnutí 1,9KPřed 21 dnem
My expenses for July, my second month of retirement. #investing #savings #stockmarket #stocks #stockmarketforbeginners #stocktrading #staythecourse #money #investing #investment #investandhold
Stock Dip - Stay the Course #investing #savings #stockmarket #stocks #stockmarketforbeginners
zhlédnutí 22Před 21 dnem
Stock Dip - Stay the Course #investing #savings #stockmarket #stocks #stockmarketforbeginners
What it Takes to Save a Million Dollars - Lean to Loathe Debt
zhlédnutí 40Před 21 dnem
What you need to do to save a million dollars, invest over time and stay out of debt. I grew my portfolio from 70k to over half a million in the last 6 years and then decided to quit my job to enjoy some time off and figure out what to do. This channel is about my early retirement journey. #savemoney #retireyoungretirerich #retireearly #retirementliving #financialindependence #savings #saveandi...
Health is Wealth - Why You Need to Invest in Your Health Too
zhlédnutí 96Před měsícem
The importance of investing in your health. Health and fitness has always been a part of my life and I want to encourage you to be healthy just as much as I want you to save & invest so you have financial control of your life. czcams.com/video/NEcB4LOgxzQ/video.html #retirementliving #financialindependence #savings #healthylifestyle #health #healthyfood #healthy #diet #healthyeatinghabits #earl...
Early Retirement at 56- The Mindset That Made It Possible
zhlédnutí 762Před měsícem
Why I was able to retire early at the age of 56. #retirementliving #retireearly #savemoney #savings #startsaving #saveandinvest #investing #frugality #frugal #financiallyfreedom #financial #financialindependence #financialindependance #financialfreedom #finance #minimalism #minimalist
Track your Spending - Change your Habits - Grow your Wealth
zhlédnutí 50Před měsícem
Early retirement, no more weekly income, everything has changed. #Frugal #frugality #savings #savemoney #debtfree #earlyretirement #retireearly #financial#mortgagefree #investments #investing #investment #financialgoals #buildwealth #savings #retirementsavings #retiresooner #planningforretirement #retirementplanning
I Grew My Wealth from 70K to Half a Million, the Numbers Year by Year
zhlédnutí 282Před měsícem
I Grew My Wealth from 70K to Half a Million, the Numbers Year by Year
Save and Invest - Retire at 56, Mini Retirement or Early Retirement???
zhlédnutí 139Před měsícem
Save and Invest - Retire at 56, Mini Retirement or Early Retirement???
Do This Every Day and Feel Better - Quick Morning Stretch
zhlédnutí 86Před 3 lety
Do This Every Day and Feel Better - Quick Morning Stretch
Redneck Bon Fire or Getting Rid of Wooden Playset Swing Set
zhlédnutí 32Před 3 lety
Redneck Bon Fire or Getting Rid of Wooden Playset Swing Set
1st Blacksmith Forged KNIFE From a File # 1
zhlédnutí 15Před 5 lety
1st Blacksmith Forged KNIFE From a File # 1
We retired at 53 and 57. We have two rental properties that we rent as mid term rentals. its twice as much profit as yearly or airbnb rentals. no car payment is the best saver over our year with both our cars.
what do you use to track your spending. I just started looking at YNAB because mint closed.
I just use an excel spreadsheet, i'm just starting to track my monthly spending.
Or....grow your YT channel :) Good luck Curtis - looks like you're on the right path!
Working on it, not sure if YT will be a long term endeavor, I'll keep going as long as it is fun & rewarding.
Subscribed. At 62, I am still looking for work. Laid off in March. Had a job that was not working out that I resigned from a couple of weeks ago. I am not ready to pull the rip cord on my work. Have a mortgage still. But not in a hurry to pay it off. Kind of limbo for me, so I admire someone that knows his plan!
Thank you, good luck with finding work.
Loan sighning agent , real estate sales - look for jobs that you can work in your time. you could have three jobs at a time with freedom to say no. best wishes
New sub LOVE your honesty/ transparency 😊
Thanks!
Awww!!!
Your phone plan seems kind of poor for that price, you should be getting 10GB (rollover) data easily there.
I looked it up, I am getting 16 GB.
The bus driver gig might be fun. You have to be a to control them like a classroom though. Where I live we have to bunch of short Latin women driving around our school buses. They are the size of fifth graders! 🤣😂
The other people I met when I interviewed seemed happy... a part time job that I don't dread going to will be a win, being happy would be icing on the cake.
Looking forward to following you on your retirement journey...new Subscriber 👍
Thank you, I am looking forward to the journey and vlogging it.
When I was 56 I decided to take a year off then work again until 65, Well after a few months I knew I did not want to go back to work (which was a surprise to me as I thought I liked working). Living in Hawaii my expenses are a lot higher than most places but I found I spent much less than I anticipated. In any case it has been 7 years now and Ive never been happier. One thing you might look at is taking withdrawals from you 401K and putting them in a Roth (you must have some income to do this) or even in a regular brokerage account to take advantage of your low tax bracket. It important to work the numbers as one key is paying little to no tax on what you have. Good luck and have fun!
Congratulations on turning your year off into a retirement. Right now I don't want to go back full time, but I think I would enjoy a part time job. I am not commiting to anything right now, I have a year to figure things out, the future is wide open.
Do you have a lot of savings to finance the foreseeable future without working?
@@ChristopherReinke yes, mostly in stocks. I actually have more now than when I quit working. One of the reasons I quit was I realized my invents made me more than my work income.
Enjoy your very long and very healthy and fruitful retirement!
Thank you, I hope to continue to grow and learn.
If you will work part time why do you need 10-13 more years? You could take SS earlier, maybe not immediately at 62 but push it a bit - as much as possible... CZcams can be a nice side hustle :). Keep going, you're doing well! p.s. that 1K a mo in car loan just breaks my heart, but each of us have their own things that make us happy :) (hubby would prob do the same)
I think I would work until I collect SS and I don't want to collect before 67-70, but I could very well feel different in 5 years. Nothing is set in stone for me, I'm taking this journey 1 day at a time. I appreciate your sentiment, don't let the car payment bother you, I know if I wanted to, I could sell it, pay it off and still have enough to buy a used car. Thanks for the comment.
Sorry, but your annual car budget should be $12,000 not $1,200. Good job though.
That is a lot of car. I bought a Toyota Corolla cash, replaced my other Corolla at 180K miles. $24K out the door and gets 50mpg
@@tdgdbs1 How much did you get for trade in value for the used Corolla?
Thanks
😂😂😂
I'm guessing you have plants that deer come to eat also.
I didn't see a mortgage or rent payment in that budget, so it seems like your house might be paid off ? ...another possible option (to avoid having to work) is some sort of house hack such as taking on a roommate(s), or even renting entire house and moving into a comfortable apartment. It's possible that apartment rent is significantly less than what you can rent your house for. Great video !
Yes, house is paid off, I've considered a roommate, but I really like my privacy, having a good income for the last few decades has spoiled me. I know you live extremely frugal, I admire that, but I'm not sure how frugal I want to be, I will try to reduce expenses and see how it goes. Thanks for the comment.
Solid video Chris. As a guy that does personal financial coaching and retired at 56 myself, I’d focus on driving down expenses and working a part-time gig that lights your fire. Focus #1 - get that depreciating asset of a car paid off as that’s your meal ticket to freedom. I refuse to go back to the corporate jungle. I love seeing people set free from debt so that they can be all they are wired to be. Congrats on early retirement. There ain’t nothing quite like it!
Yes, I agree, my expenses are high, I have contemplated paying off the car with funds from my money market, still a possibility. I don't want to go back to the corporate world either, the last few months have been amazing. Thank you for the comment.
You don't love animal animal needs some care and love 👎👎👎
I see that deer almost every day, she eats blueberries, apples and othe things growing on my property, I know it sounded like I was trying to chase her off, but I was just talking to her like I always talk to her when she visits, that's why she didn't run. I appreciate you trying to protect her.
Love this! You are so right! I just retired at 56 at the end of May. There is nothing I own in that is more valuable than my freedom. I live near the woods and don't have a fenced backyard, so I've had a variety of critters help themselves to my garden - mostly groundhogs, rabbits, squirrels and deer. I've never had a ripe blueberry yet - the birds get them first. Groundhogs got my kale and beans and several cucumber plants a few weeks ago. Squirrels and birds have taken nearly all my strawberries. I don't want to make my garden into a fortress, so I figure I'm going to lose stuff and that's OK. Yesterday I saw a beautiful fox surveying my garden (he probably realized how many critters come visit it!) and that made me very happy!
So you're planting a garden to feed the local critters, I love it! I love seeing all the animals that come around my house, that deer came back a few days later and just layed under the blueberry bushes. Congratulations on retiring early. I am interested in seeing where your youtube journey take you.
I’ve rarely wanted stuff and hate shopping. It helped me retire at 44.
44! That's amazing, I wasn't even thinking about retirement at 44.
@@curtislake333 I was fortunate to get through the 27 years of military service
Excellent video Curtis...you are right Freedom is Priceless...my goal in my 20s was to retire before 50....and I can say I retired at 48 and loving it....Freedom to do what you want when you want is absolutely Priceless 😊
Congratulations on earning your freedom early in life. It stuns me that people were thinking about retirement in their 20's, dang...I was a dumba$$ with money in my 20's and 30's. Yes, not having to sell 40 hours of my time every week has been great for my life, I could not put a price on it.
Whats in there?
Sorry, I'm just playing around learning how to make and post videos. It's just soapy water, it doesn't atract the beetles. I just hold it under the plants they are on and most of the time they drop into the pan, sometimes I tap them to knock them into the pan.
Dang ! ..your path was almost exactly like my situation... I was 2015~2021 when I did what you just did...very similar amounts also. Congrats !
Thank you, I've watched and ejoyed your videos, I feel I am becoming more minimalist. Now that I have time for myself I am starting to want to declutter and get rid of more of the things that I own but don't use. Becoming minimalistic is life changing.
This video resonates so much with me. At 41, I was burning out of working at my dream company (one that I’ve been trying to join since 2017). So I bought a Miata to help me unwind by driving to a beachside town every Saturday morning. It helped but I did finally burn out and left. I’m grateful for it because it made me decide to never work again. Happy to say I’m retiring on Aug 2 at 42.
Congratulations, enjoy your time.
Congratulations, sir! This is THE WAY.
YES! 👍
Fantastic advice Curtis! My wife & I are in our early 50's; I wish we realized this sooner. We became debt free in our late 40's and have been hyper saving since then with early retirement as our goal. We need two more years from now to reach our financial goal. I'll be 55 1/2 when I leave the workforce. Enjoy your freedom Curtis! I'm just a couple years behind you. I hope you're able to enjoy your time, create memories, and spend time with loved ones. Cheers!
Thank you. Glad to hear you are on track for early retirement, congratulations! I also wish I had started saving for retirement sooner, but am so grateful that I started when I did.
Such a great message to share. Especially in a world of “over consumerism.” I also fix most things myself and just unclogged a bathtub drain by watching a CZcams video
Thank you. Yes, You Tube instruction videos for the win!
Love this!!
Who has 42,000 to invest each year?????
I hear you, I never had 42k to invest in my 30's and 40's, and in my 20's, forget it, I was in debt. I payed the electric bill when they threatened to turn it off. The only thing that changed when I turned 50 was my attitude. I always spent most all the money I made every year before that. I have worked the same job for 20 years, the first 14 I saved 3 to 4k a year and had 70k. When I turned 50 I decided I needed to save and invest so I could retire before I died. I still can't believe I was able to save that much in the last 6 years. But I guess it's possible, I did actually do it.
you have 500,000 how can we relate?
I used to live like the typical American - in debt and working overtime to pay the bills. I was able to change, so I guess it's possible for other people to change too, maybe not, it's really up to you, I'm just trying to tell my story.
you need more than that at retirement age.
@@aktin6011 There is no magic number that you need for retirement, it depends on your expenses, money from other sources like pensions and SS, your withdrawal rate and what you personally feel comfortable with. I feel I need more than that, so I will go back to work eventually, hopefully only part time.
💜
Good advice, wish I had figured it out in my 20's
I wish I had figured it out earlier, but am greatfull Iat least started to invest when I did!
@@curtislake333 yes sir! For sure
Be careful with your enthusiasm for the stock market. Sure, it can be great and investing is good. But as the amount grows and you get older, a correction can be devastating. Don't be afraid to take some off the table, get some more conservative. Especially if you are not working.
That is great advice! I still plan on going back to work in about a year, so I feel comfortable with my allocation now. When I actually retire, I know it will have to change.
The smile on your face says it all! Good job!
Thank You! Yes, I have been very happy these last 4 weeks since I left my job.
What are you buying?s&p type fund or dividend stocks? Etf or mutual fund?
Mostly Vanguard total stock market index fund, less than 10% of Vangard total bond and and about 5% in a money market fund. The MM fund is what I am allowing myself to live on now, I plan on going back to work when that runs out.
Yes I feel retarded thank you
Congratulations! This is inspiring! It would be great for you to break down how you achieved your retirement financially and to provide some recommendations for others to apply as well! Great video, new Subscriber!
Thank You, I have so many things that I want to say about retirement and living a great life with less material possessions, I will absolutely make a video about my financial journey soon.
Pretty cute.
I had never seen coyote babies in my life thank you 😅
Happy for you! NO STRESS is very healthy. Unfortunately, the sad reality is that most of us still have a house payment like myself even though I don’t spend money on much else. I can’t wait to be to tell my job BYE. Feel like I’m stuck in a vicious circle. My job is so stressful that by the time the weekend is here, I have no energy left and not much of my To Do list ever gets done. I do work from home for a large Fortune 500 company, but just because I’m home doesn’t mean it’s not stressful. Matter of fact, this is probably the most structured and stressful job I’ve ever had in my entire life. On the flipside, I did finish getting the new background for my CZcams video set up other than a few wrinkles left in the background. Very happy for you Curtis! I’m working on the motivation part!
Thank You, I am truly grateful for where I am, I feel my health returning. I Hope that you can get where you want to go. Looking at your channel it looks like you have done well, but you know the algorithm, you have to post to get views. Take a chance, post the video, “done is better than perfect” is what Grandpa would have said.
@@curtislake333 Long story on the toxic job environment I’m in. I will tell you that once you become a member of the CZcams partner program, it is a great source of passive income. Although I have dipped big time in the algorithm, I do still receive a monthly income from Google Adsense. I have a few more things to do and I will hopefully be back to making videos this week! I can’t wait to be able to make that video that says “I quit my job,” that alone is motivating for me! Glad to see you making videos, they are motivating!
Just one more thing, the frog analogy has been proven to be false. The frog will jump out once it gets hot enough lol
Thanks for that info, but I think it's still a good analogy for how we humans act sometimes.
Curtis, thank you for making this video. You are brave to do this at your age, it’s not easy and it makes me think I am playing it too safe. I am 38 and I feel like if I quit, I will have a hard time coming back and will be older. Also, gap is not that great and this would be my second time. You doing it at 56 gives me more courage to do it now. Also you dont look 56 bro you look lke you are 45.
I had to make the video because I needed to talk about it. I really struggled with leaving what was really a good job at 56, but since I resigned, I have felt very good about the decision. I can't tell you what to do, but I can say that I wish I had done this sooner. Thanks for the looking 45 comment, I do try to eat well and exercise regularly, but it is probably due more to genetics. Good luck with whatever you decide to do.
Exactly, you can always get another job. Your happiness comes first. I’m close to your age, and I think it is especially difficult for our generation (GenX) because we were raised by parents that didn’t have the internet. I have young parents (18 years apart) and feel like I would be a lot further along in my entrepreneurial journey if I had the support of my parents. I’m not blaming them either, they’re just looking out for my best interest, but ultimately this is my life. I am in the process of reviving and rebranding my CZcams channel. I will be quitting soon also. Follow your passions, dreams and best of luck to you! I subscribed to your channel and look forward to see your journey!
Thank You, Wow, looked at your channel, you are doing awesome. Yes, getting online, expressing my thoughts and just putting myself out there is something I am kind of uncomfortable with and something I never thought I would do. Taking a mini retirement is not common, I have no one to talk to about it, so I am talking about it and putting it out there. I am also looking forward to this journey, I am going to a place I've never been before, I can't wait to see what it looks like. Good luck with the rebranding, from what you have already achieved, I am sure you will do well, I have subscribed to see what you do.
@@curtislake333 thanks! FYI, now is a great time to start a CZcams channel. They changed the algorithm and are pushing out smaller creators! CZcams pays well. I didn’t make a video for a year due to personal reasons and still receive monthly payments from Google Adsense!
You got skills
Nice that’s awesome starting to work out tomorrow
First video, it leaves a lot of room for improvement, the next one will be better.