So do I, but I paid cash for my pole barn, last 2 houses, last 2 vehicles, take trips, cash for room addition, cash for 2 new trailers, tractors. I haven't been to a bank to borrow money for decades.
Are you aware that over half the homes sold to retired people in the expensive areas of Florida pay cash for their homes that average over $500K?
You buy a Willie Nelson, travel buss, you can easily spend $500K, not to mention the fuel bill.
If you live long enough INFLATION will bite you in the wallet. The average life for people today is over 80. You retire early, like I did, hope to live for another 30 years, you have better plan on everything costing more.
I guess you could live like a hermit and not want to do anything in your retirement. As for me, I'm having too much fun. I just wish I could have gotten out of college and went directly in to retirement.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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