Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Greetings, I retired and re-invented myself
Old 02-20-2018, 03:59 PM   #1
Recycles dryer sheets
Offgrid Organic Farmer's Avatar
 
Join Date: Feb 2018
Location: An Un-Organized Township of Maine
Posts: 95
Greetings, I retired and re-invented myself

I served 20 years in the US Navy, mostly on various FBM submarines. I took 4 years for college, and I got a pension when I was 42.

During my working career, we collected an assortment of apartment buildings. Basically one at each duty station. When I retired, we sold them and used the money to buy a farm out in the forest.

I am now 58. We have done pretty well on my pension. This year it has gone up to ~$1650/month. I think we would be fine on only half of my pension if I would only stop building stuff.
__________________

Offgrid Organic Farmer is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-20-2018, 04:09 PM   #2
Moderator
braumeister's Avatar
 
Join Date: Feb 2010
Location: Northern Kentucky
Posts: 9,781
Welcome aboard.
One of my favorite lines refers to the notoriously stony soil of Maine by saying that what you call farming would be called mining anywhere else.

Quite a few of us here are retired military so you should find yourself in good company.
__________________

braumeister is offline   Reply With Quote
Old 02-20-2018, 04:09 PM   #3
Full time employment: Posting here.
 
Join Date: Jan 2018
Location: Tampa
Posts: 770
Welcome to this wonderful site Offgrid.
Been to Maine several times, but guessing your area could be more remote.
__________________
TGIM
Dtail is offline   Reply With Quote
Old 02-20-2018, 04:51 PM   #4
Full time employment: Posting here.
 
Join Date: Jun 2017
Location: Western NC
Posts: 569
Thanks for your service.

the benefits (including pension) is why I'm encouraging my kids to go career.

oldest's undergraduate is already being paid for and they're currently trying to get to med school on Uncle's dime as well.
ncbill is online now   Reply With Quote
Old 02-20-2018, 05:12 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Feb 2013
Posts: 5,612
Welcome. I'm trying to get our urban house partially off grid as a hobby.
__________________
Even clouds seem bright and breezy, 'Cause the livin' is free and easy, See the rat race in a new way, Like you're wakin' up to a new day (Dr. Tarr and Professor Fether lyrics, Alan Parsons Project, based on an EA Poe story)
daylatedollarshort is offline   Reply With Quote
Old 02-21-2018, 09:04 PM   #6
Thinks s/he gets paid by the post
street's Avatar
 
Join Date: Nov 2016
Posts: 1,295
Welcome. If I understand it correct you have been receiving a pension at 42 then had a career till the present time?
street is online now   Reply With Quote
Old 02-22-2018, 02:14 AM   #7
Thinks s/he gets paid by the post
 
Join Date: Dec 2010
Location: Midwest
Posts: 1,175
Welcome.
brucethebroker is offline   Reply With Quote
Old 02-22-2018, 10:23 AM   #8
Thinks s/he gets paid by the post
ExFlyBoy5's Avatar
 
Join Date: May 2013
Posts: 2,207
Welcome to the forum; I am yet another mil pensioner of the AF variety.

I find it ironic that you have a username that implies being "off the grid", yet you are on the internet.
__________________
Retired in 2014 at the Ripe Age of 40
Founder and Head Lounger @ The Life of Leisure Institute
ExFlyBoy5 is offline   Reply With Quote
Old 04-14-2018, 04:08 PM   #9
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,638
Quote:
Originally Posted by Offgrid Organic Farmer View Post
I served 20 years in the US Navy, mostly on various FBM submarines. I took 4 years for college, and I got a pension when I was 42.
Welcome, OOF, I just stumbled across another of your posts.

We seem to have an unusually high number of submariners on this forum. I was on the BLUE crew of JAMES MONROE during 1984-86 out of Charleston & Holy Loch, but since then my spouse and I have kept going west.
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 04-14-2018, 04:33 PM   #10
Full time employment: Posting here.
Red Badger's Avatar
 
Join Date: Jan 2017
Location: Piedmont Region
Posts: 823
Quote:
Originally Posted by ExFlyBoy5 View Post
Welcome to the forum; I am yet another mil pensioner of the AF variety.

I find it ironic that you have a username that implies being "off the grid", yet you are on the internet.
+3.

1. Welcome.
2. Army (active and reserve) retiree - army
3 Assume that if you're off the grid, you are using an analog device.

Anyway, I'm glad to have another veteran join these ranks. Thanks for your service.
__________________
Never let yesterday use up too much of today.
W. Rogers
Red Badger is online now   Reply With Quote
Old 04-14-2018, 04:48 PM   #11
Thinks s/he gets paid by the post
 
Join Date: Jun 2014
Posts: 1,785
Wow you guys have super low expenses to live off such a small pension.
Teacher Terry is offline   Reply With Quote
Old 04-14-2018, 05:07 PM   #12
Recycles dryer sheets
Offgrid Organic Farmer's Avatar
 
Join Date: Feb 2018
Location: An Un-Organized Township of Maine
Posts: 95
Quote:
Originally Posted by Nords View Post
Welcome, OOF, I just stumbled across another of your posts.

We seem to have an unusually high number of submariners on this forum. I was on the BLUE crew of JAMES MONROE during 1984-86 out of Charleston & Holy Loch, but since then my spouse and I have kept going west.
Shiny

ET1 SS - USN Retired
USS George C. Marshall SSBN 654
USS Simon Lake AS-33
USS Casimir Pulaski SSBN 633
USS Alaska SSBN 732
__________________
Retired at 42 and I have been enjoying retirement for 17 years [so far].
Offgrid Organic Farmer is offline   Reply With Quote
Old 04-14-2018, 05:11 PM   #13
Recycles dryer sheets
Offgrid Organic Farmer's Avatar
 
Join Date: Feb 2018
Location: An Un-Organized Township of Maine
Posts: 95
Quote:
Originally Posted by ExFlyBoy5 View Post
Welcome to the forum; I am yet another mil pensioner of the AF variety.

I find it ironic that you have a username that implies being "off the grid", yet you are on the internet.
It depends on how you use the term [I think].

We have 4400 watts of photovoltaic panels that feed a 600ah 48vdc battery-bank. We find that on most days our batteries are full by noon, which means that we can run every appliance in our home and every power tool without consuming all the power we generate.

Last year we bought a plug-in hybrid sedan to take up some of the surplus power we are generating.

__________________
Retired at 42 and I have been enjoying retirement for 17 years [so far].
Offgrid Organic Farmer is offline   Reply With Quote
Old 04-14-2018, 05:23 PM   #14
Recycles dryer sheets
Offgrid Organic Farmer's Avatar
 
Join Date: Feb 2018
Location: An Un-Organized Township of Maine
Posts: 95
Quote:
Originally Posted by Teacher Terry View Post
Wow you guys have super low expenses to live off such a small pension.
It took us a lot of searching to find a location that suited our needs.

I grew-up farming in a drought-prone region. I wanted to avoid droughts.

My wife is an accountant who has always focused on Home Economics. She practices frugal living.

We were both budget counselors and income tax preparers for 10+ years.

We moved to the nation's Oldest state with the highest percentage of retirees, and an area with average household incomes under $25k/year. It does not take much income here to be in the top 20% of the neighborhood.

Our fixed expenses are low and we grow most of our own food.
__________________
Retired at 42 and I have been enjoying retirement for 17 years [so far].
Offgrid Organic Farmer is offline   Reply With Quote
Old 04-14-2018, 05:28 PM   #15
Recycles dryer sheets
Offgrid Organic Farmer's Avatar
 
Join Date: Feb 2018
Location: An Un-Organized Township of Maine
Posts: 95
Quote:
Originally Posted by street View Post
Welcome. If I understand it correct you have been receiving a pension at 42 then had a career till the present time?
hmm, no.

In 2001, I was 42 and that year I was forced to retire from the US Navy. We returned stateside and we moved into an apartment building that we already owned. In 2005 we bought land in Maine, and I began building our farm.

I have not had a job since 2001.

Sorry if my wording was confusing.
__________________
Retired at 42 and I have been enjoying retirement for 17 years [so far].
Offgrid Organic Farmer is offline   Reply With Quote
Old 04-14-2018, 06:11 PM   #16
Full time employment: Posting here.
97guns's Avatar
 
Join Date: Nov 2011
Location: The Deep South Bay
Posts: 514
I know this avatar, Forrest Beekeeper?
__________________
Fired at 39 in 2009 with less than $300k in total net worth, current net worth 1.7mil
97guns is offline   Reply With Quote
Old 04-14-2018, 07:31 PM   #17
Recycles dryer sheets
Offgrid Organic Farmer's Avatar
 
Join Date: Feb 2018
Location: An Un-Organized Township of Maine
Posts: 95
Quote:
Originally Posted by 97guns View Post
I know this avatar, Forrest Beekeeper?
Yes, I go by various handles.

Should I have shaved, or was it the hat?

I live in dense forest and I keep bees [along with a herd of pigs, etc].

__________________
Retired at 42 and I have been enjoying retirement for 17 years [so far].
Offgrid Organic Farmer is offline   Reply With Quote
Old 04-14-2018, 09:05 PM   #18
Administrator
Gumby's Avatar
 
Join Date: Apr 2006
Posts: 10,710
Welcome aboard, Offgrid. I am also a former boomer sailor. USS George Washington (SSBN 598) and USS George Washington Carver (SSBN 656)
__________________
Living an analog life in the Digital Age.
Gumby is offline   Reply With Quote
Old 04-14-2018, 09:32 PM   #19
Recycles dryer sheets
Offgrid Organic Farmer's Avatar
 
Join Date: Feb 2018
Location: An Un-Organized Township of Maine
Posts: 95
Quote:
Originally Posted by Gumby View Post
Welcome aboard, Offgrid. I am also a former boomer sailor. USS George Washington (SSBN 598) and USS George Washington Carver (SSBN 656)
Greetings, fellow bubblehead.
__________________
Retired at 42 and I have been enjoying retirement for 17 years [so far].
Offgrid Organic Farmer is offline   Reply With Quote
Old 04-15-2018, 05:24 AM   #20
Recycles dryer sheets
 
Join Date: Feb 2017
Posts: 78
Lots of retired military in my area just below the 45th parallel in NH. I'm not one, but they are good people and a tight knit group. Welcome
__________________

nativenewenglander is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Hi, I'm just retired and neglected to introduce myself in 2012 2017ish Hi, I am... 22 09-12-2017 07:11 AM
Calling myself Semi-Retired lem1955 Hi, I am... 19 08-21-2014 05:46 PM
Greetings from john 85 percent retired... heyduke Hi, I am... 10 08-25-2009 02:57 PM
Greetings from Retired and Working in Florida unallowable Hi, I am... 14 01-16-2009 07:47 AM
Who Invented the Internet RetireeRobert Other topics 41 12-15-2007 02:57 PM

 

 
All times are GMT -6. The time now is 06:17 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.