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<blockquote data-quote="sl1000794" data-source="post: 277938" data-attributes="member: 6974">I retired in May of 2008 after working 40 years.&nbsp; I was 62 years and 10 months old.&nbsp; I started taking SS then.&nbsp; I felt that I could use more money at an early age in my retirement, so that is why I did that.&nbsp; I don’t have a pension, I have a “money purchase pension plan.”&nbsp; It is funded and I rely on market appreciation to keep solvent.&nbsp;We have a large home in San Jose, CA (probably my best investment) and we had purchased our cabin on Metigoshe before I retired.&nbsp; I bought a fishing boat, a pontoon and 2 battery powered lifts for the boats on Metigoshe.&nbsp; For the cabin, a Ford 250 PowerStroke and the boats, etc. and some living expenses I used a line of credit on our house, so I owe money on the line of credit that we are now paying off.&nbsp; If/when we sell the house in SJ we will have a serious nest egg to live out our time on.&nbsp;We spend the winters (mid Oct-April) in CA and summers (May until after UND Homecoming) at Metigoshe.&nbsp; It is not a winterized cabin.&nbsp; My wife is dealing with issues with her Mom in assisted living in Minot, so we have had an apartment in Minot for a couple of years so she has a place to stay when she goes to help her Mom.&nbsp;I have to say that when I worked I loved what I did.&nbsp; I have a degree from UND in Civil Engineering, but I have worked in construction my whole career.&nbsp; My last 27 years were in CA and that was where I made my retirement money.&nbsp; I built homes, apartments and a small 159 unit hotel.&nbsp; Our retirement plan was&nbsp; great.&nbsp;I’m glad I retired when I did.&nbsp; I could afford it.&nbsp; I have always looked forward to retirement.&nbsp; It’s just that when you look forward to retirement you are young and you don’t realize just how old you will be/feel when you retire.&nbsp;Everyone knows the saying: “Getting old ain’t for the faint of heart”!&nbsp;They are right, but I wouldn’t trade it for anything.</blockquote>

[QUOTE="sl1000794, post: 277938, member: 6974"] I retired in May of 2008 after working 40 years. I was 62 years and 10 months old. I started taking SS then. I felt that I could use more money at an early age in my retirement, so that is why I did that. I don’t have a pension, I have a “money purchase pension plan.” It is funded and I rely on market appreciation to keep solvent. We have a large home in San Jose, CA (probably my best investment) and we had purchased our cabin on Metigoshe before I retired. I bought a fishing boat, a pontoon and 2 battery powered lifts for the boats on Metigoshe. For the cabin, a Ford 250 PowerStroke and the boats, etc. and some living expenses I used a line of credit on our house, so I owe money on the line of credit that we are now paying off. If/when we sell the house in SJ we will have a serious nest egg to live out our time on. We spend the winters (mid Oct-April) in CA and summers (May until after UND Homecoming) at Metigoshe. It is not a winterized cabin. My wife is dealing with issues with her Mom in assisted living in Minot, so we have had an apartment in Minot for a couple of years so she has a place to stay when she goes to help her Mom. I have to say that when I worked I loved what I did. I have a degree from UND in Civil Engineering, but I have worked in construction my whole career. My last 27 years were in CA and that was where I made my retirement money. I built homes, apartments and a small 159 unit hotel. Our retirement plan was great. I’m glad I retired when I did. I could afford it. I have always looked forward to retirement. It’s just that when you look forward to retirement you are [B]young[/B] and you don’t realize just how [B]old[/B] you will be/feel when you retire. Everyone knows the saying: [B]“Getting old ain’t for the faint of heart”![/B] They are right, but I wouldn’t trade it for anything. [/QUOTE]

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