Ok so you retire and sell out now what?

[BTO_farmalll]

Rich,

And This Way of Thinkin is Exactly Why Yous are At, Where Yous At!!!!!! Should See What a Little Elbow Grease and Can-Do-Attitude Can Do 4You!!!!!! And Not Me, We Want More Cars, More Money, n' More Women!!!!!!! Tell Me, Whatch Yous Think We Out Here Fo!!!!!!!


#RunMeMyMoney

Ya Heard What I Said!!!!!!

[Ache4Acres]

SF3 it is a very interesting question. From what I see, farmers do great relative to the masses but compared to those in high finance or big Corp execs, they are not even in the same league. I guess it depends if life is a pissing match and a persons goal should be to become the next Trump or Oracle of Omaha.

In an environment of 2.5% interest rates and serious questions about the future of fiat dollars, IMHO I think that selling out now is a very dangerous prospect. I think you are miles ahead for the next couple years renting it out and resting easy knowing your money is safe in the "land bank".

[malleefarmer]

agree with someone above more than likely retire on the farm help out when needed travel a bit but no big flash retirement plans.

just help out next generation same as my father and father before him.

[newguy]

If your looking for a condo in Hawaii you should buy in Maui. I was told good investment there.Still full of Canadians.But this year they are not shopping and eating out as much as they usually do.To retire or not is a huge decision.All I know you need a plan on what you want to do when you retire.

[grassfarmer]

It smacks to me of someone not happy in their current life. Like the factory worker dreaming of winning the lottery so they can quit their job and go live on a cruise liner.
I love what I do and am happy doing so it couldn't get any better for me than watching my lifetime's work and dreams, and that of previous generations, continue albeit with the physical work done by someone else's hands when I'm no longer able. All about continuity for me not cashing out.

[Partners]

There is no right or wrong answer to retirement..Decide on what you want to do..Don't worry what the neighbor decides..Its your life..Just 1 life..enjoy, because it way shorter than most realize..Plan ahead...

[wakopa]

farmaholic could u define boasting to me please,dont bother,what a screwed up site.

[perfecho]

"Cattlemen don't retire, they just calve later.."
My problem is I love doing what I do, but I want to see and do lots of other stuff....

[mcfarms]

Most of you are straight grain farmers it should be an easy transition ..Bazinga

[farmaholic]

wakopa, I'm kinda slow, what are you getting at? Is there something I said or implied that I need to defend. Be a little clearer and I'll give it my best shot. I may need to make an apology?