A New Life....? - Page 2 - GM Forum - Buick, Cadillac, Chev, Olds, GMC & Pontiac chat


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Old 06-10-2007, 03:06 AM   #11
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The main thing is Paul, your vehicles are all paid off. Out here, you would land a job making at the MINIMUM 100,000 a year, however, its not cheap/
At 20 years old, my wish was to atleast RENT a place of some sorts, however, 45,000/year, what I make currently, Is not even enough, rent for some one room appartments here is 1500-2000/month. I know within the future I will be reloacting to somewere I can actually afford, I still gotta pay my car off too.

As said before, I'm sure you have some RRSPs put away for the distant future, say ten years.
Selling things are only a temporary fix, in the long run, you may need a secondary source of income to sustain yourself and your family.
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Old 06-10-2007, 09:09 AM   #12
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Why not start a business? Many retirees take what they have learned over the course of their employment and put it to good use.

Ebay is another good avenue. Go to junkyards, look for parts that you KNOW people need. Do a search on Ebay for parts that you know you could find in a scrapyard and are fetching high prices on the site.

There is always the postal service
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Old 06-10-2007, 10:46 AM   #13
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Quote:
Originally Posted by sandrock
Why not start a business?
You beat me to this suggestion. Say, why not? Hey, you've got two years to figure out what you want to sell and work on laying the ground work. And, this may sound bad, but you don't need to spend a WHOLE lot of effort on the present position you are in, after all, you know the future there! So you could concentrate your energy on the next venture. Hey, after all, fair is fair, they got 30 years of work out of you and don't seem to have any problem letting you go at 55!
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Old 06-10-2007, 08:14 PM   #14
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the hardware store isn't such a bad idea. i work with a guy who is collecting two pensions. one military and one from nasa. he works with us just to get out of the house...
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Old 06-10-2007, 09:13 PM   #15
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Work

Been there. Done that.

I think I really am going to retire and enjoy life.

Remember Matt, that I already have a paid off house (except for taxes and upkeep) filled with all the goodies and paid off vehicles.

It should be quite easy for two to live off $45 K ..............at least I have to keep telling myself that.

The 1/4 Mill I have socked in investments will be my pad for later if things get tough.

In the meantime...............after Sept.30 I'm gonna kick up my heels and relax.

Think of the freedom. :P

Ahhhhhhhhhhhhhhhhhhhhhhhhh!!!!!!!!!!!!!!!!!!!!!!!! !!!!

WCBF07 HERE I COME.
READY TO PARTY
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Old 06-10-2007, 09:42 PM   #16
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^^^^^^^^^^^^^^^^^

This doesn't sound like a man that is too depressed to me
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Old 06-10-2007, 09:43 PM   #17
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I give you three months before you'll head over to the hardware store
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Old 06-10-2007, 09:49 PM   #18
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The only problem I forsee is keeping Laura and your daughter in the lifestyle that they have become accustomed to. I'm sure they will adjust.

You are a smart, analytical man and you will make the right decisions and do whats best for you and your family.
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Old 06-10-2007, 09:54 PM   #19
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My friends dad retired years ago. He made an arrangement with the pro shop: free work for free golf. He loves it still. Now thats what I call a Win-Win situation.
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Old 06-10-2007, 10:01 PM   #20
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Quote:
Originally Posted by SSE14U24ME
The only problem I forsee is keeping Laura and your daughter in the lifestyle that they have become accustomed to. I'm sure they will adjust.
Quote:
Originally Posted by 2000SilverBullet

It should be quite easy for two to live off $45 K ..............at least I have to keep telling myself that.
I believe the demon child has been left out of the equation
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