Well Tina you're looking very glamorous in your sparkly top I haven't seen that for a wee while
- Well thanks Norm - We're getting dressed up for YouTube - Yeah we are aren't we
- So what are we talking about today Tina - Retirement what they don't talk about
- Yeah and if you're new to our channel we're Tina and Norm and we talk all things retirement travel
and quite a lot about Portugal - Yes we do and if you are new to our channel
we would love you to subscribe and give us the thumbs up
because it really does help our channel and it gets out to a wider audience
- Most people in the retirement space doing videos and talking about retirement writing about
retirement they solely seem to concentrate on the financial aspects of retirement and making sure
that you have enough money to retire but the one thing that we wish we knew when in our 50s
was what the decline in your health will be like in the next 10 to 15 years
we have noticed as as we get into our 60s we're not as strong as we used to be and
perhaps mentally not as sharp as we used to be so we really want to touch on that today
and we've got a couple of stories to tell you, you know we love stories Tina - Yes we do and the first
story that we're going to tell you about is obviously us as you know when we retired
we were 58 and 60 and one of the big things we really wanted to do was we wanted to travel
didn't we Norm - We really did - Boy the minute we sold the house moved down here we were on a big
plan we were going to travel everywhere and that's what we did for the first 5 years prior to COVID
we went on trips and cruises you name it we went and we've got some fabulous memories haven't
- We took a big chunk out of the world by going to see it - Yeah we did - And luckily we managed
to see a lot of those bucket list places so we were very fortunate - But one thing we did find
didn't we Norm that now as we're moving and we are getting a little older now we're 64 and 66
we're finding that it's things do happen you do get a few more aches and pains and things that
oh you maybe think twice about doing hat 100% energy that we had when we first started doing it
is not quite there is it after a period of time - It seems after 65 I'm experiencing that each year
after 65 feels like 5 years when you're in your 50s or 40s you do notice the aches and pains I
have regular medical checkups and they're finding the odd thing wrong with me nothing serious
but you're not as strong and you're not as vibrant as you used to be and we really just wanted
to bring that message to you especially if you're in your 50s don't just be so focused on the money
be focused on your health as well and maybe use that time to get more into shape maybe lose
some weight gain some muscle because it will really help you in those early years of retirement
- We have our second story don't we - We have we have the second story that we would like to tell
you we know this couple and what happened with them was which happens to a lot of people
he got offered early retirement there was a downsizing so he retired when he was 55
from work but his wife who was just a few years younger than him really enjoyed her work so she
wanted to stay working until she was 65 so that she would get the traditional retirement pension
and finish her career at 65 she'd been brought up with that in her mind
the trouble is this person who retired early had to spend 12 years basically on his own during the
day and by the time that his wife became 65 he had inherited a medical condition which really
started preventing him to travel and they had planned to travel and they never actually did
that and part of what we're saying is if you do have this early retirement
your partner really ought to retire too if you want to maintain a strong relationship
and maximize retirement opportunities especially with failing health around the corner
- Yeah because basically we're saying that and with lots of couples there is one that's often
younger than the other so we're saying if one is going to be eligible to retire or take early
retirement yet your partner is 6 or 7 years behind you that one should consider taking
it even a lot earlier so that you can both do things together while you have got that health
and enjoy what you want to do now we travel not everybody wants to travel and we're saying
you know some people are happy doing volunteer work going golfing - Doing yard work gardening
landscaping - Doesn't matter what it is you want to do just do it together while you have that
time isn't it - And where we have the energy we've had a number of viewers who have left comments
on our videos we recall one who has a partner 9 years younger than him (oh yeah) and really
if he waits to retire so if he retires at 60 and his partner isn't ready to retire then there's 9
years that he has to wait but we're saying those are the most valuable years of your
retirement we keep saying this in our videos you can't buy health (yeah) and it's like the
egg timer that has the grains of sand running through it that's your health yeah that's
going in retirement - It's going through that timer isn't it - It is just a grain of time but you start
feeling it so we're encouraging you retire as a couple if it means you're making sacrifices maybe
having to become more frugal then it's worth it (yeah) otherwise you won't get a retirement
- If you have to put a plan in together before say your pensions and that kick in then just
put together a plan to allow you to get that extra money so that you can retire early at either 55
or earlier but just realize that once you get to that 60 or as Norm says particularly from 65 plus
things are gonna start to change quite rapidly aren't they (yeah) we just want everybody to
sort of learn from this because this was something we didn't know no - No so we're giving
you the opportunity to time travel and to hear the reality that from 65 onwards
you know things start going wrong and maybe you start slowing down a bit now we still anticipate
traveling into our mid 70s - Yes we do - Once this pandemic goes - Yeah and we're still hopefully
that maybe next winter we're not going this winter but hopefully next winter we're going to get back
to traveling and you know we've got hopefully another at least 4 or 5 years to be able to travel
but after that we might be just quite happy staying at home in the apartment and going to
the trailer we might not want to do the big international trips might we - No not at all
so really that was our message and do think about health in retirement not just the money
because it's equally as important as the money so thanks for watching - Yeah and we hope
that everybody is staying safe - And keeping well - Until the next time bye-bye, bye-bye