Choose your color scheme:
The Vette Barn  
 
Go Back   The Vette Barn > Off Topic/Babes/Other > Off Topic

Off Topic Off Topic - General non-Corvette related discussion.

User Tag List

Reply
 
Share Thread Tools Search this Thread
Old 01-08-2021, 3:03pm   #1
Mick
A Real Barner
Points: 8,151, Level: 63
Activity: 20.5%
 
Mick's Avatar
 
Join Date: Jun 2018
Posts: 2,988
Thanks: 359
Thanked 3,652 Times in 1,605 Posts
Gameroom Barn Bucks: $12721
Default 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.
Mick is offline   Reply With Quote
Old 01-08-2021, 3:17pm   #2
DAB
Sparkles Flambeaux
Barn Stall Owner #4
Barn Raising I,II
NCM Supporter '13,'14,'15,'16,'17,'21
Bantayan Kids '13,'14,'15,'17
Points: 140,573, Level: 100
Activity: 43.3%
 
DAB's Avatar
 
Join Date: Jan 2011
Location: Santa Fe, NM
Posts: 57,988
Thanks: 10,803
Thanked 24,302 Times in 11,990 Posts
Gameroom Barn Bucks: $17500122
Default

my investments don't call me at 2am with no hot water.
DAB is online now   Reply With Quote
The Following 5 Users Say Thank You to DAB For This Useful Post:
Old 01-08-2021, 3:20pm   #3
DJ_Critterus
Stall Owner #1120.2520
Points: 65,626, Level: 100
Activity: 47.0%
 
DJ_Critterus's Avatar
 
Join Date: Feb 2010
Location: I enjoy long romantic walks to the fridge.
Posts: 27,792
Thanks: 9,713
Thanked 8,538 Times in 4,052 Posts
Gameroom Barn Bucks: $9018209
Default

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.
DJ_Critterus is offline   Reply With Quote
The Following 5 Users Say Thank You to DJ_Critterus For This Useful Post:
Old 01-08-2021, 3:31pm   #4
mrvette
Latin American Goat Roper
Barn Stall Owner #101
Bantayan Kids '13
Points: 92,126, Level: 100
Activity: 30.6%
 
mrvette's Avatar
 
Join Date: Nov 2009
Location: Orange Park Florida
Posts: 51,875
Thanks: 26,389
Thanked 8,344 Times in 4,500 Posts
Gameroom Barn Bucks: $1138393
Default

Quote:
Originally Posted by DJ_Critterus View Post
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.
MY hard earned advice/opinion is NEVER take in any business partners.....it worked fine for my Dad, back when, even in the Wash DC region.....but that is all 80 years ago, ending in '86 or so his experience was fine......even when not paying off some CONNgress person......the few rentals I had over the years were not an issue.....never had a problem.....course I fixed houses for a living so........
mrvette is offline   Reply With Quote
The Following User Says Thank You to mrvette For This Useful Post:
Old 01-08-2021, 3:34pm   #5
thecornerman
Vette Barn Crew
Points: 5,740, Level: 51
Activity: 23.7%
 
thecornerman's Avatar
 
Join Date: Jul 2016
Location: Middleville
Posts: 961
Thanks: 225
Thanked 827 Times in 398 Posts
Gameroom Barn Bucks: $3335
Default

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"
__________________
2002 Roadster
K&N Air Filter
Borla Exhaust
thecornerman is offline   Reply With Quote
The Following User Says Thank You to thecornerman For This Useful Post:
Old 01-08-2021, 3:39pm   #6
Mike Mercury
Chief Meat Gazer
Charter Member
Barn Stall Owner #98
Barn Raising II,III,IV
Points: 112,836, Level: 100
Activity: 56.7%
 
Mike Mercury's Avatar
 
Join Date: Oct 2009
Location: Ohio
Posts: 38,496
Thanks: 14,695
Thanked 25,177 Times in 9,600 Posts
Gameroom Barn Bucks: $5135124
Default

Quote:
Originally Posted by Mick View Post
I started working for a paycheck with SS deductions in 1979.
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.
Mike Mercury is offline   Reply With Quote
The Following 5 Users Say Thank You to Mike Mercury For This Useful Post:
Old 01-08-2021, 4:37pm   #7
ZipZap
Barn Stall Owner #55
Points: 24,019, Level: 100
Activity: 96.3%
 
ZipZap's Avatar
 
Join Date: Jan 2011
Posts: 6,243
Thanks: 1,220
Thanked 2,384 Times in 1,213 Posts
Gameroom Barn Bucks: $23236
Default

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
ZipZap is online now   Reply With Quote
The Following 3 Users Say Thank You to ZipZap For This Useful Post:
Old 01-08-2021, 4:43pm   #8
The_Dude
Bantayan Kids '14
Points: 29,515, Level: 100
Activity: 99.0%
 
The_Dude's Avatar
 
Join Date: Apr 2010
Location: Oregon
Posts: 56,127
Thanks: 48,801
Thanked 9,331 Times in 3,785 Posts
Gameroom Barn Bucks: $306898
Default

Good for you PK. I wish I could say the same.
The_Dude is online now   Reply With Quote
Old 01-08-2021, 4:47pm   #9
99 pewtercoupe
Barn Stall Owner #74
Barn Raising II

Bantayan Kids '13,'17
Points: 73,957, Level: 100
Activity: 25.4%
 
99 pewtercoupe's Avatar
 
Join Date: Jan 2011
Location: On an island somewhere
Posts: 21,395
Thanks: 3,420
Thanked 10,647 Times in 5,083 Posts
Gameroom Barn Bucks: $10393746
Default

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.
99 pewtercoupe is online now   Reply With Quote
The Following User Says Thank You to 99 pewtercoupe For This Useful Post:
Old 01-08-2021, 5:14pm   #10
Wathen1955
A Real Barner
Points: 31,105, Level: 100
Activity: 16.4%
 
Wathen1955's Avatar
 
Join Date: Jan 2011
Location: Woodland, CA
Posts: 9,709
Thanks: 5,673
Thanked 4,428 Times in 1,563 Posts
Gameroom Barn Bucks: $1524159
Default

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.
Wathen1955 is offline   Reply With Quote
The Following User Says Thank You to Wathen1955 For This Useful Post:
Old 01-08-2021, 6:00pm   #11
Mick
A Real Barner
Points: 8,151, Level: 63
Activity: 20.5%
 
Mick's Avatar
 
Join Date: Jun 2018
Posts: 2,988
Thanks: 359
Thanked 3,652 Times in 1,605 Posts
Gameroom Barn Bucks: $12721
Default

Quote:
Originally Posted by DAB View Post
my investments don't call me at 2am with no hot water.
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.

Quote:
Originally Posted by DJ_Critterus View Post
When you retire, make sure to tell your boss to go **** himself
I've always said, the downside of self-employment is that I have an asshole for a boss. If I'm sick, or hurt, or just plain exhausted, he doesn't care. I tell him to **** off hoping I'll get fired, and he doesn't care about that either. No win situation.

Quote:
Originally Posted by mrvette View Post
MY hard earned advice/opinion is NEVER take in any business partners.....it worked fine for my Dad, back when, even in the Wash DC region.....but that is all 80 years ago, ending in '86 or so his experience was fine......even when not paying off some CONNgress person......the few rentals I had over the years were not an issue.....never had a problem.....course I fixed houses for a living so........
My only business partner is my wife. We met when we were teenagers, so I'm pretty sure we'll be taking it long-term. Between the two rentals and the house where I live, yeah, I feel like I have been fixing houses for a living for the last 5 years. Getting rid of the property last year really opened my eyes to how much time I spend keeping up with the bullshit associated with 100 year old buildings, and I've had enough!

Quote:
Originally Posted by thecornerman View Post
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"
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.
Mick is offline   Reply With Quote
Old 01-08-2021, 6:04pm   #12
Dan Dlabay
Bantayan Kids '13
Points: 19,072, Level: 95
Activity: 28.0%
 
Dan Dlabay's Avatar
 
Join Date: Mar 2011
Location: Kettering Ohio
Posts: 7,838
Thanks: 2,748
Thanked 4,030 Times in 1,977 Posts
Gameroom Barn Bucks: $875210
Default

I retired in Dec. 2018. As a friend said it is now your time.
Dan Dlabay is online now   Reply With Quote
Old 01-08-2021, 7:08pm   #13
snide
Barn Raising II,III
NCM Supporter '13
Bantayan Kids '17
Points: 114,977, Level: 100
Activity: 99.6%
 
snide's Avatar
 
Join Date: Oct 2009
Location: I could never live there.
Posts: 137,992
Thanks: 104,812
Thanked 21,630 Times in 10,313 Posts
Gameroom Barn Bucks: $108033784
Default

Quote:
Originally Posted by thecornerman View Post
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"
PM your address. I'll send you a cardboard box that you can use to make a couple of signs. The box will also contain two of the main ingredients for Cashew "Chicken", so you'll at least have a couple of meals.

snide is online now   Reply With Quote
Old 01-08-2021, 7:31pm   #14
thecornerman
Vette Barn Crew
Points: 5,740, Level: 51
Activity: 23.7%
 
thecornerman's Avatar
 
Join Date: Jul 2016
Location: Middleville
Posts: 961
Thanks: 225
Thanked 827 Times in 398 Posts
Gameroom Barn Bucks: $3335
Default

Lol
__________________
2002 Roadster
K&N Air Filter
Borla Exhaust
thecornerman is offline   Reply With Quote
Old 01-08-2021, 7:37pm   #15
Anjdog2003
A Real Barner
Points: 18,356, Level: 93
Activity: 87.3%
 
Anjdog2003's Avatar
 
Join Date: Dec 2019
Location: In some people's minds
Posts: 14,085
Thanks: 8,863
Thanked 11,740 Times in 4,231 Posts
Gameroom Barn Bucks: $324490
Default

Quote:
Originally Posted by The_Dude View Post
I wish I could say the same.


This was enough.

Quote:
Originally Posted by Mick View Post
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.
Anjdog2003 is online now   Reply With Quote
Old 03-03-2021, 5:11pm   #16
Mick
A Real Barner
Points: 8,151, Level: 63
Activity: 20.5%
 
Mick's Avatar
 
Join Date: Jun 2018
Posts: 2,988
Thanks: 359
Thanked 3,652 Times in 1,605 Posts
Gameroom Barn Bucks: $12721
Default

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!
Mick is offline   Reply With Quote
The Following 11 Users Say Thank You to Mick For This Useful Post:
Old 03-03-2021, 6:23pm   #17
Egnalf
A Real Barner
Points: 7,305, Level: 59
Activity: 8.6%
 
Egnalf's Avatar
 
Join Date: Dec 2019
Posts: 1,484
Thanks: 16
Thanked 2,057 Times in 866 Posts
Gameroom Barn Bucks: $18284
Default

Quote:
Originally Posted by Mick View Post
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!
***sang. Or..***signed
Egnalf is offline   Reply With Quote
The Following 2 Users Say Thank You to Egnalf For This Useful Post:
Old 03-03-2021, 6:26pm   #18
ZipZap
Barn Stall Owner #55
Points: 24,019, Level: 100
Activity: 96.3%
 
ZipZap's Avatar
 
Join Date: Jan 2011
Posts: 6,243
Thanks: 1,220
Thanked 2,384 Times in 1,213 Posts
Gameroom Barn Bucks: $23236
Default

Quote:
Originally Posted by Mick View Post
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!
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.
ZipZap is online now   Reply With Quote
The Following 2 Users Say Thank You to ZipZap For This Useful Post:
Old 03-03-2021, 6:31pm   #19
ThomasTheGiraffe
Goldilocks
Barn Stall Owner #905

Bantayan Kids '13,'15
Points: 80,742, Level: 100
Activity: 50.7%
 
ThomasTheGiraffe's Avatar
 
Join Date: Jan 2011
Location: Bukkake ruined my carpet
Posts: 26,481
Thanks: 4,012
Thanked 11,356 Times in 5,156 Posts
Gameroom Barn Bucks: $1009320
Default

Quote:
Originally Posted by thecornerman View Post
Retirement?
Anyone got some cardboard so I can make a "need food sign"
Make that two.
ThomasTheGiraffe is offline   Reply With Quote
Old 03-03-2021, 6:51pm   #20
Mick
A Real Barner
Points: 8,151, Level: 63
Activity: 20.5%
 
Mick's Avatar
 
Join Date: Jun 2018
Posts: 2,988
Thanks: 359
Thanked 3,652 Times in 1,605 Posts
Gameroom Barn Bucks: $12721
Default

Quote:
Originally Posted by Egnalf View Post
***sang. Or..***signed
Yes, you are correct. I didn't "sing" a contract, I signed a contract.

Quote:
Originally Posted by ZipZap View Post
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.
I have been working on that for YEARS! My kids have gotten it in the last few years, and their shit has been getting smaller and smaller. Every time I get rid of a pile of shit that belongs to me and the wife, a new pile shows up someplace else. Every, damn, time.

Quote:
Originally Posted by ThomasTheGiraffe View Post
Make that two.
Late stage divorces will do that. Sorry Bud.
Mick is offline   Reply With Quote
The Following 2 Users Say Thank You to Mick For This Useful Post:
Reply

The Vette Barn > Off Topic/Babes/Other > Off Topic


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 7:50pm.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
User Alert System provided by Advanced User Tagging (Pro) - vBulletin Mods & Addons Copyright © 2021 DragonByte Technologies Ltd.
Copyright 2009 - 2021 The Vette Barn


Support the Barn:
 
Download the Mobile App;
 
Follow us on Facebook:

Become a Stall Owner

 

Apple iOS App        Google Android App

 

Visit our Facebook page