Re: How much $ to retire
[Re: Timber Hole]
#6317004
09/03/18 09:20 PM
09/03/18 09:20 PM
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Joined: Jan 2012
Posts: 1,622 Warren co Mo
hrdtoflw
OP
trapper
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OP
trapper
Joined: Jan 2012
Posts: 1,622
Warren co Mo
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I retire in two days so I値l decide whether it was a good decision on Thursday. I do intend to work part time but if I feel like heading to the woods, I知 going. I can make a case for working longer but I finally decided it was time to enjoy some of what I have worked for. Good for you. Go get life like you own it. You earned it, and that is the final word. I will be the same way when my time gets here. CONGRATS to you!!!
If your mind draws a blank, turn off the sound, because ya can't learn a thing if you're doin all the talkin
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Re: How much $ to retire
[Re: Timber Hole]
#6317080
09/03/18 10:55 PM
09/03/18 10:55 PM
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Joined: Dec 2011
Posts: 10,308 MT
snowy
trapper
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trapper
Joined: Dec 2011
Posts: 10,308
MT
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I retire in two days so I’ll decide whether it was a good decision on Thursday. I do intend to work part time but if I feel like heading to the woods, I’m going. I can make a case for working longer but I finally decided it was time to enjoy some of what I have worked for. That is great! I wish you well and you will find your way. It may take some adjustments but you will soon find that freedom. Now you are the boss, everyday, do it your way.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
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Re: How much $ to retire
[Re: hrdtoflw]
#6317081
09/03/18 10:56 PM
09/03/18 10:56 PM
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Joined: Oct 2014
Posts: 1,655 Meridian , ID
Badgerman50
trapper
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trapper
Joined: Oct 2014
Posts: 1,655
Meridian , ID
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Our passive income exceeds the amount we need to live on by a few thousand a month. Next year I値l be eligible to draw a small pension. All our money is tied up in rentals. The trouble is we池e used to making the money my job brings in as well. While we could make it without my income, it would be a definite hit in lifestyle. If it was solely up to me, I壇 be gone now. Any talk about early retirement makes my wife nervous as all get out. I知 54 as of this week. Some people in my family live until they池e 90 and others dropped dead in their 30痴. So who knows. Definitely something to think about.
Badgerman
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Re: How much $ to retire
[Re: hrdtoflw]
#6317389
09/04/18 11:17 AM
09/04/18 11:17 AM
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Joined: Dec 2014
Posts: 1,222 MN
yukonal
trapper
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trapper
Joined: Dec 2014
Posts: 1,222
MN
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I retired this year at 57, and am busier than when I was working. I make a "to do" list weekly. When it is all crossed off, I make another one. Between competitive rifle shooting, reloading, competitive fishing, fun fishing, hunting, trapping, welding, wood working projects, home improvement projects, food plotting, working on and maintaining 4 vehicles, yard work and landscaping, putting up firewood, BBQ'ing and smoking meat, visiting my 80 some year old parents weekly, and helping them with the farm...I barely have time to eat supper and go to bed. And...I left out a few other things that I do weekly. I went to New Zealand this May, hunting Red Stag and Himalayan Tahr. Next year it is an African Safari for plains game. 2020 will be grizzly bear in Alaska. And so it will go until I tip over. The original question was...how much to retire? There is no set price for everyone. Financially, I can do it...so I did. I spent the last 26 years running heavy equipment, and all the bouncing and banging around is taking a toll. I'm starting to slow down...I can feel it. I'm going to enjoy it while I can.
Last edited by yukonal; 09/04/18 11:18 AM.
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Re: How much $ to retire
[Re: hrdtoflw]
#6317466
09/04/18 01:12 PM
09/04/18 01:12 PM
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Joined: Aug 2011
Posts: 45,261 james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 45,261
james bay frontierOnt.
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When you retire you should have way more disposable income than when you are working.No mortgage,no kids to raise,no college fund,everything paid off,no debt,lower tax bracket,and a slush fund bank account.Even if you have a bit less monthly income when your retired,the expenses should be way less than when you are younger paying a mortgage,and raising kids. Also,just because you retired from a steady job,doesnt mean you have to blimp out in front of the TV.You can work at what you want,when you want and how much or little you want(Trapping fits in very well especially if your young enough when you retire).Also volunteer for church or trapping org,etc.
Last edited by Boco; 09/04/18 01:17 PM.
Forget that fear of gravity-get a little savagery in your life.
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Re: How much $ to retire
[Re: hrdtoflw]
#6317475
09/04/18 01:26 PM
09/04/18 01:26 PM
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Oh Snap
Unregistered
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Oh Snap
Unregistered
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Stay working as long as you can. Keep your mind busy, you will stay younger and live longer!
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