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If you are working in the medical field and have a career that is in demand, have you considered working as a temp for an agency. That way you could go ahead and get that 5th wheeler and make use of it in your travels. Maybe your spouse could get a job in the campgrounds (google work camping) until he lands a more permanent job and you can then go full time in the same location.
Your spouse might be able to homeschool your child as well, to allow you the freedom to move around.
If you are working in the medical field and have a career that is in demand, have you considered working as a temp for an agency. That way you could go ahead and get that 5th wheeler and make use of it in your travels. Maybe your spouse could get a job in the campgrounds (google work camping) until he lands a more permanent job and you can then go full time in the same location.
Your spouse might be able to homeschool your child as well, to allow you the freedom to move around.
I love that idea! I hadn't thought about being a traveler as that side of the industry dried up a few years back. But. I'm starting to think that would also be the best way to find where we would like to ultimately retire. I guess I need to run some numbers and see if having a rig would be more advantageous than renting. The DD would love that as well as she is on the shy side, maybe at least for a year or two. Thanks for the feedback. I really appreciate it.
Age 40 is about the right time to retire (if not sooner). You can always go back to work AFTER your kids leave home (Tho the jobs don't seem to pay as well (Walmart Greeter... Consider Starbucks or Costco Health Benefits for PT workers ))
Based on reading your posts over time, you have obviously done it your way by taking the road less traveled. Good for you. But some people are not tempermentally suited to certain things which you have done, such as having real estate in various places around the country. The problems and hassles of being an absentee landlord would drive me bonkers, for example. But if it has worked for you I have no quarrel with it.
The statement which I quoted above I would take issue with, however. Retirement at age 40 is pie-in-the-sky for most people. I left the bolding as you had it, but I want to comment on the second sentence ("You can always go back to work AFTER your kids leave home..."). First, even finding a job is far from assured. Second, the three examples of jobs you gave (Walmart, Starbucks, and Costco) barely pay more than minimum wage. Hello? Those are clerking jobs! Why would someone want to spend time working when the pay is such a pittance? That must be so demoralizing - spend hours working at a boring job and have almost nothing to show for it. That is not a viable plan, but a recipe for drudgery and misery. It would be a high price to pay for that retirement at 40.
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
34,714 posts, read 58,054,000 times
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Quote:
Originally Posted by MAXIALE02
Any thoughts on this:... | Moneyland | TIME.com[/url]
Wow, what a miserably written article (to find the point...? / solution)
401k Retirement Plans Are Under Fire: ...401K's been under fire since inception, and for good reason... not every 'generic employee' is motivated to participate in a voluntary savings program, and even fewer are capable / interested in being a strategic and successful 'money manager'. There are many arguments / blame games, but this 401k fiasco really feathered the pockets of a few financial companies / and many crooks. Especially compounded when unknowing retirees / laid off workers succumb to the sharks that get them to roll 401k's to 'managed' IRA's.
or What Could Replace Them? "the time has come to allow private sector workers to enroll in cost-efficient and professionally managed state-operated retirement programs. The private money would be pooled and invested alongside the public money—at virtually no cost to taxpayers. ?? Reality = State-operated retirement investment pools are yet another problem, and frequent disaster
This is not a game for the average U.S. 'Joe six-pac'. You are playing with the pros, tho there are a ways to succeed, you will not always win. And you can lose BIG TIME
I would suspect whatever becomes of 401k will NOT be of benefit to the wage earner. ... IMHO I do think the recent ROTH 401K is a better deal for many, tho not all. (betting on future tax rates/ regulations... subject (likely) to change)
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
34,714 posts, read 58,054,000 times
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Quote:
Originally Posted by Escort Rider
... done it your way by taking the road less traveled. ...The problems and hassles of being an absentee landlord would drive me bonkers, for example. Road less traveled is good comparison, as I would much rather manage rentals in rural areas than drive LA freeways, so... what is good for some...
The statement which I quoted above I would take issue with, however. Retirement at age 40 is pie-in-the-sky for most people. ...("You can always go back to work AFTER your kids leave home..."). First, even finding a job is far from assured. Second, the three examples of jobs you gave (Walmart, Starbucks, and Costco) barely pay more than minimum wage[b]. ... a recipe for drudgery and misery. It would be a high price to pay for that retirement at 40.
Actually, I would have meant... retiring at 40 would have been absolutely a cinch, had I been part of a 2 earner family, and I'm sure quite doable for many single earners. I feel the yrs spent homeschooling my kids was of far more value than 'punching a clock'. (YMMV). Families / schools / learned and modeled responsibilities are a waning US Value.
A 40 yr old retiree has lots of advantages (mainly TVM... investment $$ growth), and hopefully NEVER need to return to work, or just for some 'spending / play money'. Going back to work @ 55+ is not ez, but one could have attended more college / trade school with HS kids, or worked PT to stay sharp.
I have many friends that actually PREFER the Starbucks / Costco PT jobs in retirement. Several drive parts / bank / truck / bus delivery, relocate Motorhomes, planes, boats, and RV's, are Secret shoppers, PT accountants, and professionals... menial jobs for sure, but we no longer get our 'worth' from our jobs. We have successfully raised a family and continue to volunteer and serve the community in ways that are of more benefit than the prestige of employment (ICK) (I need a 'throw-up' emoticon)
I guess Carly soured my taste for employment. (if Dairy Farm Boarding School already hadn't)
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))
(if Dairy Farm Boarding School already hadn't
)
