PROACTIVATING
Dryer sheet wannabe
Hi I am PROACTIVATING. As instructed introducing myself.....
I am so grateful to have stumbled on this wonderful forum at just the right time in my life. What a great support structure for folks with a plan.
We are 55 and 54. We are married with 4 children, two still at home. By living way below our means and working hard, planning carefully, and dilligently running our own company, we have reached the point where we are ready to pull the plug. We are selling our very good business to our wonderful and talented employees and will stay on with them for one year to help get them dialed in to do well. We have not factored in proceeds from the sale of our business in our retirement plans. thats an extra +
We have been debt free in business and personally for many years. We own high quality residential real estate with no mortgages, and managed to dodge the last stock market debacle unscathed because I ignored my broker's advice to buy stocks with abandon at the top of the cliff, listened instead to my business instincts, and went into safety before the market went off that cliff. So because of that we are able to start the next half right on schedule. I hope to continue doing some of the things I was doing in my former business (inventing machines, instruments and new technology but in a more relaxed environment) but also want take my wife and children traveling, and just slooooow doooowwnn a little. We will continue to live frugally, and based on the FIRE thingy calculator and several other calculators, we should be fine for the next 30 years with our assets carefully managed. Praise God.
Anyway... I am really enjoying the stories and information available here.
Hopefully I can contribute something to others to help them get along with their plans as others have helped us.
I am so grateful to have stumbled on this wonderful forum at just the right time in my life. What a great support structure for folks with a plan.
We are 55 and 54. We are married with 4 children, two still at home. By living way below our means and working hard, planning carefully, and dilligently running our own company, we have reached the point where we are ready to pull the plug. We are selling our very good business to our wonderful and talented employees and will stay on with them for one year to help get them dialed in to do well. We have not factored in proceeds from the sale of our business in our retirement plans. thats an extra +
We have been debt free in business and personally for many years. We own high quality residential real estate with no mortgages, and managed to dodge the last stock market debacle unscathed because I ignored my broker's advice to buy stocks with abandon at the top of the cliff, listened instead to my business instincts, and went into safety before the market went off that cliff. So because of that we are able to start the next half right on schedule. I hope to continue doing some of the things I was doing in my former business (inventing machines, instruments and new technology but in a more relaxed environment) but also want take my wife and children traveling, and just slooooow doooowwnn a little. We will continue to live frugally, and based on the FIRE thingy calculator and several other calculators, we should be fine for the next 30 years with our assets carefully managed. Praise God.
Anyway... I am really enjoying the stories and information available here.
Hopefully I can contribute something to others to help them get along with their plans as others have helped us.