Reimagine Retirement | Jeremy Jacobson | TEDxFolsom

[nicolasbenson]

The thought of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you weren't to blame for.it's especially difficult for people who are retired.

[henryhwu]

At 72, 7 years after mandatory retirement from Permanente medical group, staying on to do per diem work, last week, did 8 gall bladder removal; also pick up locum work, doing traveling surgeon in New Mexico, serving rural communities for the past 5 years plus. Life need to have purpose!!!

[Riggsnic_co]

I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.

[jessicasquire]

I plan to retire or reduce my work hours in five years, and I'm interested in how others allocate their income between savings, spending, and investments. I currently earn about $175K annually but haven't built up much in savings so far

[caseylipok]

In a perfect world, when a person has the good fortune to not have life changing events arise early in life, a career that allows one the freedom to ride a bike to work, to stay on a plan to make those goals a reality is wonderful. I ride my bike an average of 3400 miles/year and love every mile! I've never had a career (building homes and other physical jobs) where riding a bike to work was not an option, especially in NW Wyoming and SW Montana. Not that it isn't achievable, but in the most productive years, late 20's early 30's when my father gets diagnosed with terminal cancer the same year their home burns, then over the next 20 years raising children and taking care of parents, nieces because a single parent, their father dies, takes one in a totally different direction. Life happens when you're planning to do everything else. At times sacrifice for the good of family takes priority over all and not for the sake of making money.

[FinancialFreedomLifestyle]

A lot of great information here! My wife and I were able to retire at ages 28. 2 years later we’re living it and our income continues to grow. It took us 6-7 years of hard work and wise investing. Far too many people things it’s impossible when in reality just about anyone in North America can do it. Just depends how bad you want it.

[TagandAvis]

This should be the norm instead of the extreme outlier. Congratulations on figuring it out. Wish I had done that a long time ago

[cherylcarlson]

Aggressively saved, lived well below my means, bought strategically. Good thing too. Became disabled by a neuromuscular disease at 58. Had too much in IRA that penalized me for needing before 59, would endorse having "jello" money... not frozen, not liquid to avoid penalties. Finally saving again on SS so I feel secure, only eat once or twice a day at home, keep expenditures way low... after covid deaths it is easy to think about what you absolutely need to live and how much is expensive junk when you go to estate sales.

[michaelmcmurphy]

For me, having a career that most see as a hobby (flying) has be key. It’s something I can enjoy, teach and share while still making a very good living.
We stay debt free and eat very healthy; we reward ourselves for our efforts.

[juliepetri]

My heart goes out to him. He was so nervous! Poor guy!

[ScottWaldenGuitar]

I loved the part about bicycling to work. Been doing that for most of my career. Made it a point to live close enough to my job to be able to bike to work, always within 10-15 miles.

[djohnson]

My husband & I worked for 35 years but luckily we both have pensions. Years ago most employers offered pensions. Too bad pensions were replaced with saving in 401ks …

[travelrefocused]

Jeremy and his blog played a large role in my motivation to become financially independent and now travel the world. I was specifically motivated by his writing on geographic arbitrage and tax minimization. Great to see him given a platform on Ted Talks. Thanks Jeremy.

[elsienorback]

When I was 30 years old I decided to save majorly of my money i had already paid off my two bdrm 1 bath condo, and truck and paid off my student loans. I made. I lived very frugal for 28 years. It can be done.

[HodgeChris]

My retirement account has gone down by 13.7% in the past year due to rebalancing I did out of fear uncertainty and doubt. What are best alternatives to take in other to secure a financially free retirement and achieve ultimate peace? I don’t want to fail after 42 years of working hard.

[JKSNY]

Way to be, man! Been following your blog for years. Takes guts to get up there and do something like this. Thanks for sharing your inspiring story!

[DKNY]

One thing most of these early retirement people don't discuss is their income. It's much easier to save 50% of a 250K income than a 50K income.

[CampFI]

Great Message Jeremy! Thanks for spreading the message. The approach you've taken continues to improve lives and give people an optimism they wouldn't otherwise have. And this optimism fuels relationships, dreams, and passion projects that would otherwise be left unpursued. The Trinity Study you talk about is truly a game changer for anyone willing to look into it. Thanks again.

[HeadUpKneeDown]

I don’t bicycle to work, but I’ve been lucky enough to drive a company vehicle for the last 14 years. My personal vehicle is a 22 year old pickup that I bought in 2006 and barely drive 1, 000 miles per year. The savings is massive.

[jonbrenton]

Deep breaths and RELAAAX.... I had a hard time understanding some of his words . I needed to stop and go back / replay to catch everything .
Maybe it was just me . Great bullet points though . Definitely sharing this with my kids....