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21 Minutes of People With Less Retirement Savings Than You

George Kamel

433,457 views

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Roughly 20% of adults over 50 have no retirement savings. So today, I’m reacting to videos on TikTok to see who’s ready to retire and who’s living on ramen and a prayer to ride out their golden years.

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20 Comments

@GeorgeKamel Creator 1 month ago Pinned

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@sueleahy2115 1 month ago

My retirement planning really kicked in when a coworker literally died at her work desk. She had to work well into her 70s because her husband spent all their money. He handled all the finances - she never asked about their retirement funds. It was when he died that she found out she was broke. Life lesson - always be involved in your retirement planning!

@ryanmyers8335 1 month ago

I’m opening my Vanguard brokerage account with the first 1k+ I made working over the summer next month for my 18th birthday. Watching this channel for over 4/5 months has given me great insight on money, the economy, and building on pre-established habits. Cheers 🍻

@JuniReacts 1 month ago

I feel good for watching this kinda stuff at 22 y/o

@ytv2779 1 month ago (edited)

Just hit 100K in my retirement account at 31. Trying to sock away what I can while saving for a house. I may be able to taper back contributions once I have kids but for now we are plugging away!

@patheticprepper4496 1 month ago (edited)

I started investing for retirement at 51.. doing better then most already at 59... its not pretty but doable.

@Vaelosh466 1 month ago

2:05 - I feel like this woman was about to sell something right before you turned off the video. Maybe a masterclass on side hustles.

@tonyarichards5430 1 month ago

I’m 65. I recommend being nice to old people. My best friend died of cancer two years ago. Neither of us have any heirs. He left me $33K.

@1Sapphire1 1 month ago

There were people I worked with that didn’t participate in our 401(k) plan. I talked a few into just starting with 1%. With the company match they had an instant 100% return. I encouraged them to increase by 1% every time they got a raise until at least they were getting the full match. They would not miss the additional contributions because the raise would increase their pay anyway. Thirty years later these people are thanking me.

@BC-te9ow 1 month ago

It should be mandatory for every HS student to be shown the 25 to 65 with $100 per month investing /compounding example Dave always talks about.

@JakeLastname-u8x 1 month ago

The point of having $800 worth of debt payments is such a hard concept to get people to grasp. People seem confused that you can live comfortably without financing it monthly lol

@NatsFan18 1 month ago

I love watching these to make me feel better about myself 😂

@IvoryTowerKing-f8x 1 month ago

Cancer doc isn't realizing she has a massive bias in who she thinks is average

@ndk2k4 1 month ago

Septum piercing at 55 and 0 financial responsibility, checks out.

@CrazyChris0985 1 month ago

I’ve started my 401k at age 20 I’m age 28 now since then I’ve reach a HUGE milestone by hitting $40,000 in it. My financial advisor told me by the time I retire I’ll have about $1.9 Million by company match and contribute 9% of my pay at age 28

@WilfordTalmadge-n5d 3 weeks ago

Retired at 56, earning 45K biweekly… but honestly, the money isn't even the highlight. What means the most is having a family that stood by me when life was tough. I'm living the life I once prayed for. If you're still fighting your battles, don't lose hope — your season is coming. ❤️

@mitchconner6316 1 month ago

I'm 38, swamped in debt, and up until recently, had accepted my fate of being broke and in debt probably until the day I die. Watching George Kamel, Ramsey, and others, I've had a total mental shift. I've seen the light lol. With a little bit of effort and even with a normal person's job and pay, I actually CAN pay off my debt and even build over a million dollars in retirement. Absolutely crazy.

@beconrad1 1 month ago

That retired British lady sounds just like me. I worked for more than 30 years and routinely put in 12 plus hours at my day job plus another six at my freelance writing side hustle. I have been happily retired for several years now and leaving the house to go to the doctors seems like a big impediment to my happiness. I love filling my days listening to podcast and hanging out and I can't remember the last time I was bored