How Do I Know When I Have "Enough"?

The content is this video is worth hitting the subscribe button. Very impressed.

A gentleman at my gym who is 70 years old retired at age 55. He was in the corporate world and is still in great shape for his age (daily workouts) and healthy lifestyle. One day I asked him about retiring that early and if he regretted it or was scared of the downturn in the markets as a retiree. He responded by saying to retire as early as you can so you can enjoy life. He does not regret retiring early one bit. He lives a simple lifestyle and stays busy with hobbies and helping others. His investments and social security are enough for he and his wife to live comfortably and do some regular stateside traveling. He has convinced me that that there is more to life than working for someone else until my health is gone. Enough means living off of the monthly pension and social security while letting the investments cover big events such as home repairs or health events.

James, you’re wise beyond your years. If I didn’t already have a great financial planning company, I’d hire yours. Spot on great advice that also takes into consideration the “human” side of finance.

This video really hit home for me. James, you have an outstanding way of explaining things in a clear and concise manner. I have been watching all of your videos and listening to your podcast over the past few months. Thank you for the helpful information as I am getting close to retiring!

I think retirement age is different for every body. My husband retired at 66 and he is back to work part time after 4 years. He was bored not having something he feels it’s important to do. He is a CPA and loves what he does. We have a vacation home where we go to stay every other month and we also travel to Europe and Asia every year. We have plenty of money and probably won’t be able to spend half of it when we died. My husband certainly is not working for money but as he said “ for his mental health “. He needs to keep his brain Proactive .

I am so happy I didn’t let age bias stop me from viewing this content. When I saw the young man in the thumbnail, I thought what could he possibly offer of value to someone probably 30 years his senior? Boy was I wrong! This is some of the best content I’ve seen on YouTube bar none! What is your enough is so simple yet so powerful. Thank you so much for sharing.

This is one of the most helpful videos I’ve watched on personal financial planning and I’ve watch a lot. It shows that simplicity is often the best solution. Thank you, I’ve subscribed and will pass this on.

My phylosophy about "how much money" I need has always been: I want to be able to afford the things I want (within reason since my lifestyle is not extravagent) without having to worry about the cost and without my portfolio's capital being affected. In other words, I want to be able to have my money grow enough so that I don't have to worry about how much I spend/need. After that, it doesn't matter whether my portfolio makes 2% or 20% because my needs have been met and I'm not going to run out of money.

You are doing a great job! Thank you for explaining this mindset shift and funded contentment. You are very well spoken.

Excellent video! I just retired from a 27yr “high paying” job and all of your points are spot on! Thanks.

Thank you for this video. This eases up concerns about whether one has enough to retire and your perspective takes a different route which breaks down then connects the financial and emotional parts of retirement.

Your best video so far. Very helpful!

One of the best retirement videos I’ve ever seen. Thanks so much!!

Excellent video, I like the "reasons" you selected as they fall right in line with what I was thinking (Financial freedom, college expenses for kids/grand kids, Legacy) but I could never quite lay this out as simply as you did, now I can. Great Job!

I am so impressed with your knowledge about personal finances. Congrats on founding your firm and on producing some of the best Youtube content.

Your videos are so helpful. Thank you.

I started watching your videos about a year ago. I appreciate your calm, clear explanations and your focus on putting our portfolios into perspective.

Really good sound advice from Jason. All their videos are thought provoking and easy to relate to. They are the best I have come across.

Excellent video James! You are by far the best that I've watched so far in YT about retirement in all aspects. This one explains what is enough both financially and emotionally. Keep up the good work!

Once again clear, concise, direct, helpful...thank you