Re: Too Much at 65

Posted by Roger Tomfohrde on March 18, 2022 at 08:08:31 from (73.5.137.12):

In Reply to: Too Much at 65 posted by olgentdc on March 17, 2022 at 12:18:13:

First off get well!! I will try to keep this short if possible. Prioritize what you feel you can do. As others have mentioned do not just Quit, I am quite close to retirement but my health would let me run a few acres as a hobby (work is really stressful now and I will need to move on).I have to be doing something. My Advisor told me retirement is not a correct word now, just what you are doing in life. Bear in mind I sold my farm in the 90s when land was not as valuable. Kind of hard to get back into a acreage now. First your statement about the cattle getting out is correct. I rented out 40 acres of pasture before selling altogether. I spent more time trying to keep the critters (beef) in than any time in my life with the Holsteins. For me livestock is too much work that is a daily in some cases job and can't be left alone for long. The equipment is not going to run away. When we sold on an auction(live) back then, most of our equipment was too large for some and too small for others and it was a miserable day of weather. In the end the tractors sold OK but a majority of the rest was cut up for scrap on my front lawn and it did not feel good or right, so if something is special move it aside. Selling stuff to clean up is a good thing but in the case of my dad sometimes having the money caused tax issues, so be aware of that. Multiple online auctions of all the stuff you want to get rid of seems the best solution in principle. It would allow you to sell what you want at your pace and the best thing is it can be worded so you have minimal work involved. The scrap can be sold as scrap and not your responsibility to move it unless it is blended in with good equipment. It sounds like your Plate in life is loaded. Best wishes and I would help if you were close.
Roger

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