How to transition into retirement Tina somebody asked us that so did we transition into retirement
- Yes we did but before that we are Norm and Tina and we talk all things retirement - We do
- And if you haven't been to visit our channel before please subscribe give us the thumbs up
because it really does help our channel - People fear retirement Tina (yes) We eliminate fear by
planning we spent our careers planning - Yes we have - So what's the best thing to do
take fear away from retirement Tina - One of the things we did was we set goals for our retirement
we looked at what was going to be important to us to do and 3 of the things that
were important to us was Travel being Debt Free and we also wanted to have Experience's
rather than possessing new possessions and purchasing things
- So retirement was an event we planned there was no easing in it we just jumped in it was
a clear break from us from being employed or self-employed to being retired and
this is how we came about to do that as Tina said travel was at the top of our list and we were
lucky that we were able to do it prior to COVID-19 - Yes we were - So the one thing living in Ottawa
Ottawa airport didn't go to that many destinations we were constantly flying from Ottawa to Toronto
having a layover picking up the flight from Toronto so we thought why don't we move closer
to Toronto - It seemed the obvious one didn't it - It really did so that's why we sold a house
and we moved to a small town near Toronto so that we were more available to the airport - And
one thing with doing that too Norm was that everything was new wasn't it and it gave us
all new things to explore in our new place - It did - Wasn't it - It was like closing the door
on our previous life on our previous careers our previous house so we were not going to be sat
in the house where we raised our family and where we had jobs and to sit there
moping that we had lost our careers and there was nothing more in life for us but to sit in our
empty house alone that wasn't for us (no) get rid of the house we booted it
got the money and ran - What we got was a new home, new town and this was so stimulating
and the place that we're living in now we've only known being retired here
so we don't have the past memories of the work - And I think that's important Tina because
we've only had retired experiences (yes) in this home and in this town so
we're not dwelling on what we've lost in previous surroundings - Like everything's new and exciting
isn't it and we have no debt so we don't have any money fears we took care of all
that when we did the move to our new place - And we wrote a budget and so we knew exactly
how much we would need to live and the important thing is sticking to that
(yeah) if we hadn't done that we could have a budget that we needed 5 grand a month to live
so we became modest and we found an apartment that we like that we felt was safe
and it was affordable so we built our budget around that and we keep to it - That was it
was a good way of doing it wasn't it we have completely looked at retirement a new beginning
to us it's like a second childhood but we have money this time Norm - We do indeed
retirement to us is just a new chapter and a new set of goals and new experiences to have
and we're enjoying it - Yeah it's pretty wonderful isn't it - I'm lucky that Tina as we've said in
previous videos is a glass half full type of character whereas I'm the glass half empty
but definitely retirement is a glass half full for us and we think that it could be for you as well
we appreciate that not everybody wants to sell their house we get that but equally so it's
a useful tool to move in retirement, move to maybe a place where you don't need to be our
previous house suited us for when we had a a family - Yes it did - It suited us for our careers
but in retirement it didn't it was a more rural property more isolated and it meant that we had
longer distances to drive to go get groceries this has solved all those problems we're now
- What less than 10 minutes we can walk to a grocery store because it's great isn't it
- We're saying break that link to employment from your career and embrace retirement it's
great it should be a good time of your life you've earned it you've worked towards it so do it,
how about that - That's great we hope some of the tips that we have done will help eliminate any
fears or apprehensions people might have - That's right so thanks for watching we really appreciate
the support we love reading the comments we it's a great interaction - Yeah it's
part of our day isn't it - So stay safe - And keep well until the next time bye bye, bye