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Thread: Retirement Planning for the Owner Operator

  1. #41
    Scottt is offline Board Regular
    Join Date
    May 2007
    Location
    Iowa
    Posts
    353

    Default

    All I can say is glad I live in small town USA

    1500 sq ft
    3 bedrooms
    family room on the back with fireplace
    3 1/2 car heated garage
    3 lots
    $36,000 in 1993 when I bought it on a 15 year loan
    Last year for payments for me
    Taxes $568 a year

  2. #42
    GMAN's Avatar
    GMAN is offline Administrator Board Icon
    Join Date
    Feb 2005
    Location
    Tennessee
    Posts
    15,247

    Default

    Buying a house is expensive, but there are a lot of advantages. Other than the tax benefits, there is also the advantage of having your home paid for at some point. Real estate typically appreciates over time. When you retire you can always sell your home and buy an RV or live in an apartment. If you buy at the right time, you could have a decent retirement.

  3. #43
    Nomad_'s Avatar
    Nomad_ is offline Board Regular
    Join Date
    Mar 2006
    Location
    Central Maine
    Posts
    445

    Default

    Quote Originally Posted by person
    http://www.dqnews.com/ZIPCAR.shtm
    Areas of OC are sinking like certain areas in every county.

    check out San Luis Obispo, a great area, and Paso Robles

    Yes it is "San Luis Obispo". Visited Morro Bay and surrounding area in August, very impressive. On my list for Semi-Retirement.
    ~ Being happy doesn't mean everything's perfect, it just means you've decided to see beyond the imperfections ~

  4. #44
    Evinrude is offline Board Regular
    Join Date
    May 2007
    Location
    Time and again after 8 hours work like another blue collar worker. Got My life back. Good bye CPM.
    Posts
    439

    Default

    Quote Originally Posted by Sonny Pruitt
    where are these o/o's making all this $$$$$$

    Lease on with Swift

  5. #45
    cutout is offline Rookie
    Join Date
    Nov 2004
    Location
    hickory,nc
    Posts
    31

    Default

    excuse me....i'm in the wrong room!!!!

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