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57 for me...
I don't want to go to work tomorrow.
- Thread starter Kern Dog
- Start date
59 and 9 months.
52 for me, but my brother and I had a business for 5 years after I retired.
My job for the last 40 days has been flipping a condo. Some might find this interesting so I thought I explain how it works. First, I now only buy Condos and only in this one development. Why, three reasons, one, they know me and I've worked on at least a few dozen. Two, I charged VERY reason rates and ask if they sold if they would give me first chance at buying it. Third, I buy with no contingencies, cash, no nothing, sold as is. The one I'm working on now was an old friend that past away a few months ago. His wife went to a nursing home. Their son quoted me a price and I gave him 12 thousand more, two months nursing home fees for his mother and let him take ANYTHING he wanted, including appliances. It was sold two days, had two offers, after the 20 yarder showed up, they knew it was me, word of mouth. Condos are usually bought by people looking for that last landing spot before death or old folks homes. For the 280 to 300 a month in condo fees you get, drywall out totally taken care of by the development, water, trash, sewer, a club house to use for parties and two swimming pools. This development is loved by all and they fly off the shelves as fast as I can get out of the way. 1000 to 1200 square feet. I go in and gut everything but the walls. This time my floor man hung all new two panel doors and 5 1/4 inch baseboards. All new appliances, new water heater and if the furnace is over 12 years old, it goes along with the a/c unit, whether it works or not, it's called peace of mind. New bathrooms vanities and toilets and whatever it takes to make it look new. The kitchen is a suckers bet and if it's ok, it gets a face lift and that's it. I don't do rental property at my age for several reasons, I'm too old to wait for equity, I don't need a stream of income, I'm looking for walking around money and I definitely don't need the hassle of dealing with people, period. All in after, material and labor expenses, taxes, title fees and a broker writing up a contract, which I spit with the buyer. I still came out just north of 50 thousand. I only do cash on these condos, if you're old and moving into a condo, cash should be your last problem and if it is, keep looking. I close in 12 days and I'm done till the next phone call.
My job for the last 40 days has been flipping a condo. Some might find this interesting so I thought I explain how it works. First, I now only buy Condos and only in this one development. Why, three reasons, one, they know me and I've worked on at least a few dozen. Two, I charged VERY reason rates and ask if they sold if they would give me first chance at buying it. Third, I buy with no contingencies, cash, no nothing, sold as is. The one I'm working on now was an old friend that past away a few months ago. His wife went to a nursing home. Their son quoted me a price and I gave him 12 thousand more, two months nursing home fees for his mother and let him take ANYTHING he wanted, including appliances. It was sold two days, had two offers, after the 20 yarder showed up, they knew it was me, word of mouth. Condos are usually bought by people looking for that last landing spot before death or old folks homes. For the 280 to 300 a month in condo fees you get, drywall out totally taken care of by the development, water, trash, sewer, a club house to use for parties and two swimming pools. This development is loved by all and they fly off the shelves as fast as I can get out of the way. 1000 to 1200 square feet. I go in and gut everything but the walls. This time my floor man hung all new two panel doors and 5 1/4 inch baseboards. All new appliances, new water heater and if the furnace is over 12 years old, it goes along with the a/c unit, whether it works or not, it's called peace of mind. New bathrooms vanities and toilets and whatever it takes to make it look new. The kitchen is a suckers bet and if it's ok, it gets a face lift and that's it. I don't do rental property at my age for several reasons, I'm too old to wait for equity, I don't need a stream of income, I'm looking for walking around money and I definitely don't need the hassle of dealing with people, period. All in after, material and labor expenses, taxes, title fees and a broker writing up a contract, which I spit with the buyer. I still came out just north of 50 thousand. I only do cash on these condos, if you're old and moving into a condo, cash should be your last problem and if it is, keep looking. I close in 12 days and I'm done till the next phone call.
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1997, 38 for me I semi-retired, Contractor
I still worked for the exact same group I had prior...
I went into consulting & project/facility management,
not much of the physical stuff...
I didn't have to leave home most the time...
I worked more hrs, just on my timeline, free to travel & race
especially since I started a brick & mortar golf business/pro-shop
in Rancho Murieta, did resale or retail, lesson, fittings & custom clubs
Had my kids all work for me, learn how to be prompt & deal with people
all but 1 were homeschooled anyway...
I did that for 10 years, traveled, raced like 20 events a year,
went to kid games sports & played in about 80-ish tournaments
(didn't make much $$$)
& then I moved up here 2007
(take care of my dad, he didn't want to move somewhere else),
I still did a bit of consulting, until 2021...
I still do custom clubs every so often, just not really as a business...
I still did some consulting for the dealership group...
At 4 times my old fee...
I had to fulfill 40 hrs a month but, most of it/that was by phone...
Then at 62 (July 2021)
Full Retirement about almost 2 years ago,
the last 5 were really slow years anyway, with dad's health crap...
Retirement... It was the best damn thing I ever did...
It's not underrated whatsoever...
I highly recommend it, if you can afford it...
Last edited:
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I was a month shy of turning 57.
It is funny telling people that I am retired given that I don't look that old. I've always had an image of a gray haired hunchback dude as the symbol of retirement age.
It is funny telling people that I am retired given that I don't look that old. I've always had an image of a gray haired hunchback dude as the symbol of retirement age.
That will be me, lol
I retired in 2016. As I tell folks that ask how I like retirement, I tell them 2 things... I recommend it and now every day is Saturday...
Cojohnso1
Well-Known Member
Overrated would mean not as good as advertised. Underrated means better than advertised.1997, 38 for me I semi-retired, Contractor
I still worked for the exact same group I had prior...
I went into consulting & project/facility management,
not much of the physical stuff...
I didn't have to leave home most the time...
I worked more hrs, just on my timeline, free to travel & race
especially since I started a brick & mortar golf business/pro-shop
in Rancho Murieta, did resale or retail, lesson, fittings & custom clubs
Had my kids all work for me, learn how to be prompt & deal with people
all but 1 were homeschooled anyway...
I did that for 10 years, traveled, raced like 20 events a year,
went to kid games sports & played in about 80-ish tournaments
(didn't make much $$$)
& then I moved up here 2007
(take care of my dad, he didn't want to move somewhere else),
I still did a bit of consulting, until 2021...
I still do custom clubs every so often, just not really as a business...
I still did some consulting for the dealership group...
At 4 times my old fee...
I had to fulfill 40 hrs a month but, most of it/that was by phone...
Then at 62 (July 2021)
Full Retirement about almost 2 years ago,
the last 5 were really slow years anyway, with dad's health crap...
Retirement... It was the best damn thing I ever did...
It's not underrated whatsoever...
I highly recommend it, if you can afford it...
I read a top lists of pros and cons. The list started. "Retiring too soon, or not soon enough." is top mistake. I stopped reading. "Thanks a padload!" That really tells me alot. Lol.
But you're right. It's all about financial comfort. And what are retirement goals? As well as Healthcare options to before Medicare and after.
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At 43 I hired a GM and walked out the plastic plants door some 20 years after starting from scratch, said goodbye to each and every one of my 100+ employees, all after my Wife had been read her last rights for the third time... that was some 18 years ago now. We've tried to stay in camp for 5 months of the year in cleaner Northern air and for the other 7 I have built and repaired airplanes for folks to cover the day to day bills. Last year I called it a done deal on the airplane side at 60 years old. All I want to do now is enjoy the granddaughter(s), family and our cars.
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This is my first summer off since I retired. The wife keeps giving me a list of things to do. This is week two that I have misplaced that list.
I'm glad you had the opportunity to do, like me, what's really important. You're living the dream and bringing light to what could have been called a darken place. You're a good man and I personally enjoy watching you and your family doing your thing, and naturally, letting the horses run.
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Thanks... I bought the camp to keep the Wife alive and don't have to tell you what happened instead in the middle of all of this in the past years.
We both live a similar story yet still trudge forward, as there's no point living in the past. It is still there and thought of daily, but there's still smiles to be found going forward. I'm grabbing everyone of those smiles I can, while I still can. Flyin back lake for Rainbow Trout tmrw.. but I'll probably get skunked, but I'll still be smiling!
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KiwiKid72
Well-Known Member
I just calculated how old I will be when I'm financially comfortable enough to retire. 628-years-old, and that's with refraining from buying car parts. Can't wait.
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I haven't worked since just before Halloween last year.
Nice temps here today, I doubt it topped 85.
Nice temps here today, I doubt it topped 85.
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Only hit 100 here again.....84 as I type this at 7:07am with 78%. Feels ok right now.
Ya'll say it's hot, think about our gang of guys & gals that were deployed to the desert with FULL GEAR!!! Army son did 2 Iraq & 1 Afgan, so when its "hot", I just think of them & the gang in the jungles of Vietnam. (no politics about the wars please!)
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