Thread: Retiring Successfully
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01-31-2022, 03:52 PM #21
I have made sure my house is paid for so I will not have to eat Soylent Green in my final years.
Bill D
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01-31-2022, 04:06 PM #22
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01-31-2022, 04:29 PM #23
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02-01-2022, 05:49 PM #24
Yep,its the Soylent Brown the poor folks gotta eat.
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02-03-2022, 01:05 PM #25
I took a different route. I built my own houses when I wanted a new one, and did away with payments when I was 31. Then when I was 55 I bought some commercial land and built a mini storage. Something I could easily run and not government regulated like residential rentals. So I have a 7700 square foot shop on 15 acres and a house. Couple machines, couple car lifts, welding equipment and more. They send the money and I rarely here from anyone.
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Mark P. liked this post
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02-03-2022, 03:00 PM #26
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02-03-2022, 05:26 PM #27
Dad retired from his shop and did okay I guess.
Me.. I will retire when they pry my B-port out of my cold dead hands.
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02-03-2022, 05:38 PM #28
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02-03-2022, 06:05 PM #29
I know a lot of people that didn't expect to live a long life who have long surpassed their own expectations. I guess expect the worst, but don't plan to just wait to die if you do happen to live a long life.
A close friend is in his 80's running his shop with no plans to stop. There is no exit plan at all. Just go until he can't go anymore. I love the guy, but I couldn't operate that way. I'd have to have a plan and wind it down at some point.
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02-08-2022, 12:46 AM #30
A friend said to me "Im worried about leaving millions to ingrates"......I thought about this .....most I ever got was $600 when my grandfather died....certainly not enough to set me up for life like a lot of young uns will get now that houses are worth millions.
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