6 Reasons to Retire as Soon as You Can

I spend most of my time trying to convince people that now is a good time to retire, and I’ve heard all of the objections before:

“I’m nervous about the economy”
“I don’t know what I’d do with my time”
“I don’t know how much money I need”
“What if my children need extra support”
“What if I need extra support”

I’ll just do one more year…

Everyone starts off with similar concerns. But as you sit down and go through the step-by-step process of planning for retirement, you realise that there is little substance to these concerns or that they can be managed.

You'll realise that you don’t need more money. You just need a better plan.

That process starts here:

*Looking for help with Financial Planning?*

*Step-by-Step retirement planning videos*

DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice. Any opinions or assessments expressed are James’ own opinions or assessments, which are not affiliated with any third party. Any representations stated as facts or views based on such facts are relevant to circumstances applicable at the time of publication. This information should never be relied solely upon to make decisions, and James accepts no liability for any investment actions undertaken by viewers. Please seek regulated financial advice or an advisor if you require assistance.

James Shack™ property of James Shackell
Copyright © James Shackell 2023. All rights reserved.
The author asserts their moral right under the Copyright, Designs and Patents Act 1988 to be identified as the author of this channel and any video published on it.

[JamesShack]

If you’re already retired, do you have any words of encouragement for people who are thinking about taking the plunge?

[RuthEvelyn-rcbg]

Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $400K. considering all the inflation, i'm thinking of investing in stocks, i dont just have idea on market strategies.

[seanfrank]

I'm 50 and if I could retire right this very second I absolutely would. I'm so sick and tired of my job and I'm quite convinced that I picked the wrong path in life. It's too late for me to make a drastic change but there is one piece of advice I can give is to not waste so much of your life at a job or in a career that you hate. It is so not worth it.

[rsstnnr]

My dad worked as a laywer for 25 years. The job was stressful and he decided to retire early (about 5 years earlier than he was planning on retiring). I've never seen him happier. Work was literally killing him.

[PeterDavila-mxni]

Dude, you're much wiser than your age. Excellent video.
I'm 68.5 years young. I retired at age 65. I love retirement. What I did prior to retirement is to pay off all my debts. No car payment, no mortgage, no credit card debt. Then, I sat down and figured out my monthly budget I would need each month to cover the type of retirement that I wanted. My minimum happened to be $4500 a month. Then, I started going to the gym, at least 3 days a week, and for 2.5 hours each one of those days. I'm healthy and I feel great. Life is good. Now, people, go out there and give yourself the retirement that you want. Only you can.

[highentropy]

My dad passed away suddenly and unexpectedly in January 2021. He was 49. When my sister and I were handed the unfortunate task of sorting his affairs we saw that he had been paying into two private pension funds since 1998. It made us both realise that, whilst money IS important, you certainly can't take it with you. I'm sure if my dad was informed of his imminent death prior he would have enjoyed that money in every possible way. My message to everyone watching is - money isn't everything, don't get stressed about investing/saving every last bit while you're still young, because old age may never greet you.

[ArashHildeman]

You work for a 40yrs to have £1m in your retirement, meanwhile some people are putting just £10k in a bitcion coin for just fe months and now they are multimillionaires thanks to Charlotte Grace Miller

[vin]

Im retirement age, 66 and soon to be 67, i love my job as a joiner on building sites, i only do 4 days a week now and reducing to 3 come spring, my job now is like a hobby i get paid for, i don't need to do it and can leave anytime i want

[rangerwhite]

Retired at 51. Don't regret a moment of it. I'm starting to see friends go with illness etc and you do realise that your greatest commodity after 50 is time and health.

[leehamilton]

I needed to hear this. I retired at 55 with a lifetime pension. Not a huge pension, but a comfortable one. I have had a hard time giving up that hustling lifestyle. Within 6 months of retiring, I began working another job, then became dissatisfied with that one, then got another, then another and another. Although I told myself I needed to work these jobs I ended up disliking all of them. It has finally dawned on me that I need to just chill out and relax, find a hobby, visit family or travel more. Working a job is almost a bad habit at this point. I am now recognizing this job-hopping pattern and intend to stop the madness for once and all. I need to enjoy the fruits of my labor from here on out.

[simon]

Great real life advice. Too many people think they are living forever or think they’ll have plenty of time to spend with their parents, partner, children. My best mate died 4 weeks ago, he’d only retired in March this year. Life is short, make the most of the time you have left.

[mmabagain]

59 days until retirement for me. House and cars paid for. 2K/month Pension, 3.5K/month SS and 700K in 401K. I think we are ready. Thank God!

[Justmekpc]

I retired two years ago at 63 with very little saved I’m also single and live well within my means and so far it’s been a great decision I have a small school bus I converted and last year spent several months in Arizona NM California and Utah as I’m from Colorado I also travel to Sweden to see my son and his family, that’s where I’m at now My biggest advice is don’t get upset if you can’t do everything you hoped to do Live within your means and enjoy the things you can afford to do

[GwenMotoGirl]

I thought I was the only person who thinks this way, but I’m glad to know I’m not. Yes, the limited opportunities could be viewed as depressing, but I’m excited about retiring in a few months and getting on with those precious experiences. The countdown app is engaged and I’m ready. I’m 63 and I’ve invested a lot of effort in my physical health, and now I’m ready to visit my daughters and grands, do all the hikes, do the backcountry camping trips, and ride the long distance motorcycle trips that I’ve been wanting to do.

[glennet]

I'm 78 and my wife and I cycled the old cobbled road over the St Gotthard pass a couple of weeks ago so you may have more years of enjoyable cycling than you expect. We try to do it every year and hope to continue for a few more years.

We have been retired going on twenty years and it has been fantastic.

[louisairvin]

I am 52yrs old and I have started preparing for retirement but with the ongoing effects of high inflation, lower market returns and stagnant wages, achieving a secure early retirement could is more challenging than ever before. I'll appreciate a means of making short term profit from stocks and others.

[Beazle]

This is the video that changed my life. I saw it in September 2023. I retired on 17 November. Thank you James.

[trevorg]

I retired T 56 now 86 and still enjoying life I was worried about the money, but you adapt and still live a good life.

[GoodstuffsLonghaulcrew]

Starting working part time from this year at 52. Working 15 hours a week. I have more time to spend with my family and friends. Enjoying new hobbies such as baking and gardening and still having active social life with my work mates and staying connected with society. Minimalist is a new norm for me. God is good!

[JohnHoganN]

We targeted 55 for retirement, arbitrary target initially. I went on for another year to complete something and had a serious heart attack just before the pandemic. As James said, you have no idea what is around the corner. We live on the basis of how little we need rather than how much we need.