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Getting too busy in Florida
Old 04-02-2011, 06:14 AM   #1
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Getting too busy in Florida

Interesting forum...good information.
Planning to retire from my STRESS day job with a good basic defined benifit retirement plan, I'll be 62. Still trying to figure out , should I take SS now or later? I have a bunch of rental properties that has and still is bringing good income, I own them free and clear, but I'd like to sell them all and pay off my house and invest the rest. I'l be pretty busy when I retire, I have a 7 acre Christmas Tree hobby farm that I started the planting this year (it will take 4-5 years to start getting income, but it did lower my taxes because I'm agriculture NOW). I hope the Christmas Tree farm helps me sell the BIG house later so I can down size and spend half my time in Tennessee and relax at my cabin "Lake Mist", .
I also teach Scuba diving in the summer, I've got 4 students ready to go. On the other side I have started a Water and Wastewater operations business and this year I have expanded into putting Septic Waste Receiving Station in at Florida cities that are looking or need additional income and want to do the right thing for the environment. I did this 20 years ago in the Florida Keys and I just getting this started again, I recently put a new one here in Central Florida. I have a couple more cities that have requested info, so I'm working on their contracts now.
So, you see I have plenty to do when I retire. It will be nice to ONLY work 7 days a week I think?
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Old 04-02-2011, 06:00 PM   #2
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Just reading your list of activities makes me feel pooped! What a busy man!

Are you sure you are on the right forum? We are supposed to be a bunch of laid back people who just want to goof off.

I only work part-time, at my leisure, and they want to expel me already.
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Old 04-02-2011, 06:44 PM   #3
Confused about dryer sheets
 
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I really need to slow down and let my kid work.
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Old 04-02-2011, 06:48 PM   #4
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So, you see I have plenty to do when I retire. It will be nice to ONLY work 7 days a week I think?
What you describe isn't retirement, just a job change.
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Old 04-02-2011, 07:00 PM   #5
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Stop! You are making my head hurt.
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Old 04-04-2011, 09:53 AM   #6
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Quote:
Originally Posted by GaryH View Post
Interesting forum...good information.
Planning to retire from my STRESS day job with a good basic defined benifit retirement plan, I'll be 62. Still trying to figure out , should I take SS now or later? I have a bunch of rental properties that has and still is bringing good income, I own them free and clear, but I'd like to sell them all and pay off my house and invest the rest. I'l be pretty busy when I retire, I have a 7 acre Christmas Tree hobby farm that I started the planting this year (it will take 4-5 years to start getting income, but it did lower my taxes because I'm agriculture NOW). I hope the Christmas Tree farm helps me sell the BIG house later so I can down size and spend half my time in Tennessee and relax at my cabin "Lake Mist", .
I also teach Scuba diving in the summer, I've got 4 students ready to go. On the other side I have started a Water and Wastewater operations business and this year I have expanded into putting Septic Waste Receiving Station in at Florida cities that are looking or need additional income and want to do the right thing for the environment. I did this 20 years ago in the Florida Keys and I just getting this started again, I recently put a new one here in Central Florida. I have a couple more cities that have requested info, so I'm working on their contracts now.
So, you see I have plenty to do when I retire. It will be nice to ONLY work 7 days a week I think?
Doesn't sound like retirement to me.
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Old 04-04-2011, 10:56 AM   #7
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What you describe isn't retirement, just a job change.
I agree with REWhoo on this one; seems like a job change.
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Old 04-04-2011, 11:09 AM   #8
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I think you're looking for the Early-Jobchange.com boards.

But re taking SS now or later, I don't know the formula, but the benefits are progressively reduced when income reaches a certain level until you reach 70, I think, so if you take it now you'll be leaving money in the fund.
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Old 04-04-2011, 12:22 PM   #9
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I really do need to really retire. I really need to slow down before it's too late.
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