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Off Topic Off Topic - General non-Corvette related discussion. |
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01-08-2021, 3:03pm | #1 | ||||||
A Real Barner
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Taking the next step toward retirement . . .
I started working for a paycheck with SS deductions in 1979. In some way, shape, or form, I have either worked full time, part time, or went to school full time (sometimes more than one of those at the same time) ever since.
In 2012, I got the boot from Corporate America, and went into consulting. I made good money consulting, but could never keep myself fully employed that way, so it was kind of part time, with my property management as another part-time job. I left the consulting company I primarily used in 2016. I have done a few small paying gigs since then, but consider myself retired from consulting. In 2017, I still had 2 investment properties, which kept me pretty busy (old buildings), but I made decent money. I sold the 3 family last year, and today, listed the 2 family with a realtor. With any luck, it will sell in a few months, and I will be fully retired. |
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01-08-2021, 3:17pm | #2 | ||||||
Sparkles Flambeaux
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my investments don't call me at 2am with no hot water.
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01-08-2021, 3:20pm | #3 |
Explosive Salami
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When you retire, make sure to tell your boss to go **** himself
Seriously, I'll never buy property to rent out again unless it's making enough money to cover a management and maintenance team while still turning a profit. No way in hell will I rent out again. |
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01-08-2021, 3:31pm | #4 | |||||||
Latin American Goat Roper
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01-08-2021, 3:34pm | #5 | ||||||
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Retirement?
We can retire? F-K, I spent my life savings trying to keep the grand kids from going into a foster home. Anyone got some cardboard so I can make a "need food sign"
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01-08-2021, 3:39pm | #6 | ||||||
Chief Meat Gazer
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for me, I started working for a paycheck with SS deductions in 1974; never missed a 40hr paycheck in the past 46 years. I did go through a period of bad health (long ago), but my employer at that time continued to pay me; it was great they did that.
My magic date is Dec 13, 2021; I turn 66 and 2 months and will switch to part time then. Yeah, part time; I wasn't supposed to live past age 35 so I never did anything on my own for retirement; Social Security only. |
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01-08-2021, 4:37pm | #7 | ||||||
Barn Stall Owner #55
Island14 Cardio Team
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Working since 1976. Punched out on 1 January.
Ready to do what I want to do. Pretty sure they'll come back after my "skills" but it will definitely be on my terms now. Getting the F out of CA is my next step come Tuesday. Can't wait 'til Gavin comes after my retirement They tried this once when I got out of the military in '92, and I expect them to do it again. GFY |
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01-08-2021, 4:43pm | #8 | ||||||
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Good for you PK. I wish I could say the same.
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01-08-2021, 4:47pm | #9 | ||||||
Barn Stall Owner #74
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I retired in Oct 2017 after working full time since June 1973 (other than one 6 month period). I turn 65 this month and have already registered for Medicare but will hold off until at least 2022 for SS. Medicare and my supplement is still about $1,000 a month less than what I was paying for Obama Care.
I have not regretted retiring for a single day. |
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01-08-2021, 5:14pm | #10 | ||||||
A Real Barner
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I've been working full time since 1973. I retired in May 2020, after putting in 33 years and 6 months with the company. I haven't touched SS yet, as my full retirement age is 66 and 2 months which will occur on July 2021. I'm currently living off my 401k which is still making $$$ even pulling from it each month, and a small pension.
My biggest mistake - signing up for Medicare the same month I retired and my birthday which I turned 65. So my Medicare cost is now based on what I was making while working so I pay more. Now I have to do an adjustment through SS to have it reduced since I'm no longer working. |
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01-08-2021, 6:00pm | #11 | ||||||||
A Real Barner
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Exactly. One of the reasons why I am ready to leave that kind of self-employment. I've been doing the landlord thing for 15 years. It paid a lot of bills, and padded the kids' college savings accounts, so I have no regrets. But it really isn't doing much for me now that I can't do with some other way that doesn't involve me essentially being a slave to a bunch of whiners who are renting because they don't have the where with all to get off their ass and do something for themselves.
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Sorry to hear that. I don't have any grandchildren yet, and at least so far, the kids are fully independent, so I can focus on me and the wife at this time. I am aware that this can change in an instant. |
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01-08-2021, 6:04pm | #12 | ||||||
Bantayan Kids '13
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I retired in Dec. 2018. As a friend said it is now your time.
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01-08-2021, 7:08pm | #13 | |||||||
Barn Raising II,III
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01-08-2021, 7:31pm | #14 | ||||||
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Lol
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01-08-2021, 7:37pm | #15 | |||||||
Due to inflation they are no longer free
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This was enough. Quote:
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03-03-2021, 5:11pm | #16 | ||||||
A Real Barner
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Today, I took the next step. I listed my property for $540,000, and today, singed a contract to sell for $505,000. I now have a "proposed" retirement date of 4/30/21 if the deal finds its way to closing on the proposed date of 4/29/21. Fingers crossed!
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03-03-2021, 6:23pm | #17 | ||||||
A Real Barner
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***sang. Or..***signed
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03-03-2021, 6:26pm | #18 | ||||||
Barn Stall Owner #55
Island14 Cardio Team
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Good job! Only been a couple months but I haven't looked back. I've been going through so much crap that I collected, it's insane. Home weighs at least a ton less than at the start of the year.
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03-03-2021, 6:31pm | #19 | ||||||
Goldilocks
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03-03-2021, 6:51pm | #20 | |||||||
A Real Barner
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Yes, you are correct. I didn't "sing" a contract, I signed a contract.
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Late stage divorces will do that. Sorry Bud. |
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