Posted by oldtanker on October 16, 2014 at 21:29:10 from (64.118.3.75):
In Reply to: Retire or not posted by LAA on October 16, 2014 at 18:55:45:
I was retired for about 5 years, got bored and started farming. Small scale but it keeps me busy. We spent less than when were working. For one didn't need work clothing. That for some is jeans and work boots and dress shirts and ties for others. Both cost money. When you are not working jeans and boots last a lot longer. We drive less not having to commute. The biggest thing I see with people getting close to retirement today is their debt load. Far too many that just had to have that bigger, now empty house sense the kids left, the new cars and expensive vacations. And lets not forget that 100K dream motor home. If a person can get their debt down then they darn sure don't need as much. I know a guy who retired from Onan as one of their mechanical engineers. Younger wife who is expensive to maintain. His retirement was much larger than mine. He's always complaining that he should have stayed working.
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