Americans are retiring early and it’s pretty bad!

追加: 2026-05-31

[00:00:01]What up? What up? Say Sto G back with another topic, back with another video.

[00:00:07]So, the title of this video is going to be Americans are retiring early and it's pretty bad. So, we're going to talk about it. So, admin notes. Thanks again to all the subscriber that have subscribed to my channel. I endeavor to keep putting videos out and give you leverage better sales. Let's get into it.

[00:00:29]Uh, so why do I say Americans are retiring early and it's pretty bad. Um, so I've made a couple of um videos u within the last couple months about retirement. um actually encouraging folks to try to retire early because of this bad job market and you know you know folks are stressing out about trying to get a job and if you have the money to retire um you know what's the point of actually trying to navigate the job market if you actually have the funds to retire just stop working you know what I'm saying but um I know that's not uh that's not reality for a lot of folks a lot of folks have to work um you know past the the time they want to work um That's that's America, man.

[00:01:12]You know what I'm saying? Like a lot of folks, they are kind of forced to keep working um for a long period of time, way past the time they want to stop, right? But I saw this uh survey uh with a couple days ago. And uh yeah, man.

[00:01:28]This is crazy. So, not to not to belver the topic, but um so there was two groups. It was a group of folks that like uh um they made uh no more than 35,000 a year and then other group was folks that made over 75,000 a year. Not exactly sure um um why they didn't have a group in the middle. Um but some of the reasons why folks um um retired early in the 35,000 um group No, I'm sorry. I'm sorry. I'm sorry. I take that back. I'm sorry. So the group the first group was 35,000 up to 75,000 right um or maybe lower and then uh like yeah like I said in the other group was like 75,000 so the ones that was in the 75,000 group um they retired early mainly because of um health policies so we all know that the the uh the the health industry in America is not the best when it comes to payment and folks able to afford health care.

[00:02:37]That's a serious problem, man. You know what I'm saying? I've know I know folks now currently that are paying over a thousand a month for healthare.

[00:02:45]Now, it may not be because um because they're single, they may have a family, you know, that's uh that's on their healthcare plan, but I mean, but still, man, you know, when it, you know, when it comes to, you know, paying for rent or mortgage or paying for utilities and things of that nature and car insurance, all these other things, it's like, come on, man. Health insurance is like one of the biggest things that you that you need in life. You need to have access to medical. You just have to. There's too many things that we ingest in our bodies. There's too many things, too many too many areas of the world where we're exposed to certain things and exposed to crazy environments where like we a lot of times we don't have the knowledge to, you know, to to remedy ourselves. We need doctors, we need medical care, but um medical care is just not affordable for a lot of folk. It just isn't. So that was one of the main reasons a lot of folks actually retired early because they literally couldn't work anymore. Like physically the the their body just couldn't take it anymore. They had to be retired. And that's that's that's crazy. The other one was um uh job loss that came in uh almost a close second. So health problems and job loss is what caused the folks to retire early. when I retire when I when I say retire early I mean um folks that um you know they may have been um in their 50s right actually the survey um actually said that um these folks that were pled 59% of them um retired before they wanted to retire only 6% was able to actually retire during the time that they wanted to retire so think about that think about that I'm not exactly how how many folks were on that survey but who whoever was pled And it fold 59% of them people retire before they wanted to.

[00:04:40]That's not a good look, man. You know what I'm saying? If you if you are forced to retire before you want to, that means that more likely you haven't you haven't reached the level of financial freedom that you wanted to get to.

[00:04:51]So once you retire, that's it. You know what I'm saying?

[00:04:55]There is no more active income. You have to figure out some way to have passive income. And most Americans don't have passive income outside of social security. And social security for the most part, you know what I'm saying? If that's the only kind of money you have coming to you, that's that's not enough, man. It just isn't.

[00:05:12]It's not enough. Um the group that were um at 75,000 a year, and I'm talking about salary, right? What they make a year. The folks that actually um they were at 75,000 or more a year retired early because of dissatisfaction with their job, right? Um, meaning that like they worked a job for, you know, over 20 years or however long they worked it and they're like, "Man, screw this." You know what I'm saying? I I thought I could last to 65 or 66, 67 to work to make as much money as possible, but I really really don't like this job anymore. I don't like these people. I don't like my boss. So, I got the money.

[00:05:49]Screw y'all. I'm going to retire.

[00:05:51]And then uh this the the second reason was because once again, it tied to the first reason. They actually had savings.

[00:05:57]They had investments. They had a 401k.

[00:05:59]They had a way to retire early because um financially they put themselves in a very good position.

[00:06:07]Um so that's word to the wise man. You know what I'm saying? Most folks make a lot of money. You know what I'm saying?

[00:06:13]They at the very least understand that you know retirement is is is a is a real thing. It will happen eventually if you live long enough, right? And a lot of folks that make a certain amount of money that are not necessarily in poverty um understand that need to have some type of savings some type of way to you know to to invest in order to actually have money left over once they actually do retire and they able to live off of that. But I do understand that you have folks that make over 100k and live paycheck to paycheck. You know what I'm saying? But I from my personal experience even those folks that are like that they still have savings. They still have investments. You know what I'm saying? They may, you know, they may um are living paycheck to paycheck, but if they have a good paying job, they they actually have a 401k or they have a 403b or they have some type of investment engine. They have something, you know what I'm saying? They just are not good steward with their money and the active income they're bringing in every month or whatever. Outside of them having their 401k money, taking out their paycheck before they get to it, they're still like not living right financially. You know what I'm saying?

[00:07:13]But they still have um a retirement fund, you know what I'm saying? So they they may be broke as a joke before they get paid again, but they're going to make sure that that money comes out they check before they touch it for their 401k. So that's that's smart. You know what I'm saying? So even though they didn't pay check to paycheck, if they build their their 401k up enough, if they're forced to retire, they still have a good nest egg to sit on. Now they may have to, you know, I don't know, maybe supplement the income by, you know, working gig jobs and things of that nature, but at the very least, they're not going to be financially ruined. You know what I'm saying?

[00:07:44]because of them losing their job or quitting early, right?

[00:07:48]But um the reason why I titled this this video the way I did was because um yeah, the healthcare system sucks when it comes to folks being a being able to afford it and uh the job market is trash. You know what I'm saying? So I think that the the the medical sector and the job sector is really screwing people over right now and these folks are are forced to not to not be able to uh to to work. um longer than they wanted to. You know what I'm saying? And they're being forced to retire. Now, once again, I've made videos recently about, you know, being able to retire and retire if you have the means to retire. Um, but I didn't say anything about retirement and you don't have a good financial foothold on your life.

[00:08:30]You know what I'm saying? I'm not saying it at all. You know what I'm saying? If if you are broke and you don't have any investments, you don't have any assets, you don't have any way to make passive income, then retirement early is not a smart move. It just isn't. You know what I'm saying? I I don't care if you have anybody that you know that that uh that is going to be willing to take care of you. At the end of the day, you know, um and I'm I'm even saying this as far as family is concerned. A lot of times, man, when it comes to money, money can be funny for for some folks, man. You know what I'm saying? You may have somebody in your life that say, "You know what? Well, retire early. It'll be okay. I'm not talking about your spouse.

[00:09:04]I'm talking about like, you know, somebody that's actually in your life that that loves you and they're saying that, you know, that uh you know, you may not be physically able to work anymore. So, go ahead and retire early.

[00:09:13]But what I would suggest to you is just my personal opinion, right?

[00:09:17]Keep working as long as you can and you can't work no more. I'm saying if you don't have a good financial foothold on your life. Now, if you have investments, if you have savings, if you have a 401k, all these other things, and you're able to retire early, then so be it. But the majority of Americans retire early, too early. You know what I'm saying? And it's pretty bad.

[00:09:38]Um, you know, the uh the older population is for to a certain degree outpacing the younger population, right?

[00:09:45]So these folks that are in the older bracket are still the consumers of products. So if you have a huge amount of folks that retire early and they lose more than half of their income for a whole year, then what happens to the economy? The economy is not stimulated anymore. You know what I'm saying? You got birth rates that that are at an all-time low. You know what I'm saying?

[00:10:04]We're not having enough babies on the planet. That's just not even America.

[00:10:07]That's just everywhere. So, it's I got a couple couple more videos I can make when it comes to some of this stuff to break some some things down. But, um folks folks retire early, man. And they're not retiring early on their own.

[00:10:19]They're retiring early because they can't afford a medical care. And um this economy is forcing folks to lose jobs.

[00:10:29]It's crazy. I saw a Tik Tok um actually a text that appeared that that article that I saw um recently and this uh this lady was a Gen Xer like me. I'm I'm one of the uh the I'm one of the young I'm on the youngest spectrum of Gen X. I'm at the very tail end, right? Pause.

[00:10:46]Like if I had been if I had if I was born two years later, I'd have been a millennial millennial. But I'm I'm on the very tail end of Gen X. So I'm considered younger Gen X. But the majority of Gen Xers, you know, did a a talking about early retirement or in their late 50s, right? And uh this lady, long story short, she was complaining pretty much that like, you know, literally her body just shut down on her and she was forced to retire, but she didn't have no s no next nest egg, uh no 401k, no investments, no no type of savings, and she had to she had to draw retirement early. And she said that basically she was not making it at all.

[00:11:22]She it it was a really hard time for her. So, um, the solution to this, and I know it's it's it's it's kind of farfetched to even think this can even happen, but you know, the solution is is to figure out some kind of way for folks to be able to get affordable health care and to give people work life balance. You know what I'm saying? Folk get allow folks to be able to go to the damn doctor and get checked out. You know what I'm saying? instead of like, you know, something could something gets worse and worse over time and now these folks are damn near forced to to retire early and leave a job early because their health got so bad. It's a constant grind, man. You know what I'm saying?

[00:12:00]Like you get on a job and, you know, you don't want to go and take, you know, take off too early. So, you may be on a job for, I don't know, maybe three or four months for you ask for the first day off. Meanwhile, you're sick as hell.

[00:12:10]Meanwhile, you got things going on with your body and with your health and with your mind. You know, it's mental health is a real thing, too. So you're waiting all this time to go to the doctor where when my personal opinion, you should allow folks to be able to do what they need to do. You know what I'm saying? So they can be healthy. The healthier the worker is, the more productive you're going to have when it comes to them working a job.

[00:12:33]This is this is dreams I'm I'm talking about, man. This is fantasy. It's not how this not this is not how capitalism works, man. It isn't. You work work work until you can't work no more. So it's unfortunate. You know what I'm saying?

[00:12:45]Um, you know, I hope that folks are able to, you know, navigate this this this thing the best way possible. But this is word to the wise, man. You know what I'm saying? I say this all the time. Find some way to be able to create passive income for yourself because a retire early and you don't have passive income is feel I feel for these folks, man. It's crazy. You know what I'm saying? If you retire early and you lose that job and basically that's the only income you had, what are you going to do?

[00:13:18]It's crazy.

[00:13:20]But I appreciate you. I love y'all. I catch y'all next video. Say so. G signing out. I'm gone.