U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Retirement
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 02-24-2018, 03:05 PM
 
10,604 posts, read 14,202,393 times
Reputation: 17203

Advertisements

Quote:
Originally Posted by fluffythewondercat View Post
Oh my, you're a riot! But thanks for the cut-and-paste throwdown.

I've grossed over $4 million in the last 6 years, so I await with bated breath your spectacular returns on, what is it, dog-walking and being a home health aide?
So funny when people resort to personal attacks instead of facts.

Yes I have a dog walking/pet sitting business.

No I'm not a "home health aide".

What does that even mean "await my spectacular returns"? *shrug

You want to know my income?

What does that have do with your misunderstanding of the IRS law I provided?

Sorry, I don't understand your request.
Reply With Quote Quick reply to this message

 
Old 02-24-2018, 05:00 PM
 
218 posts, read 86,838 times
Reputation: 553
My reading of OP's post is that he isn't concerned with income, but with "something to do." I was faced with the same question when I retired about 20 years ago. Like his profession, mine qualified me to do nothing outside of the field, which, after 35 years, I had grown tired of. I moved to the mountains, 25 miles from a cell tower. High in the Rockies. Bought horses and donkeys. Found hay a precious commodity in that high and dry elevation. So I began driving to where it was plentiful, cheap and of high quality. Loaded up and brought it home to sell to neighbors. Could have made a lot more money sitting at my home office desk brokering the stuff, but that would have been boring.

Later, found a source of good trees that needed felling and began cutting, hauling, splitting and selling firewood. Probably had more $$ in equipment than I ever made, but it was great exercise and I got to know more of my neighbors.

OP has to search the market and discover what's out there that he can actually tackle. If you don't need to feed the family with the money, it puts you in a comfortable pricing position vis-a-vis the competition.

Worked for me.

Oh, yeah. Over time I developed a close friendship with our vet. He'd call me to help with a surgery or to trudge through a snowy field to treat a sick horse or help with a cow, and a few castrations. Pay was lunch and a few drinks (his, I don't), and lots of learning about living things I never thought of.
Reply With Quote Quick reply to this message
 
Old 02-25-2018, 12:44 AM
 
292 posts, read 125,755 times
Reputation: 392
Quote:
Originally Posted by biscuitmom View Post
Odd statement, considering the OP has been crystal clear she was so unhappy in her field.

What is your basis for the claim that she has more choices than most of us?
When we announced our retirements, DH & I both were offered part-time opportunities. As late as last year, 4 years after retirement, DH was still being actively recruited for part time work.
Lawyers, accountants and other licensed professionals seem to have more options...this is my observation amoungst retiring friends and family " currently". I am in my fifties, and the DH legal eagle is at full retirement age in less than six months.....

OP mentioned that in her state of residence, her law license transferred over to a Realtors license. I believe that she might not have to sit for the realtors licensing test because of this. This gives her a leg up over others who do not understand the legalities involved in real estate transactions, etc.

I am in a highly specialized area of medical research which also requires academic involvement. Once I am out of that field for two years, I am history. Research and development are moving at the speed of light thanks to genomics. My medical license offers other options, but, in essence, my career is over once I leave the firm so to speak.

Every situation is different.....and I do not always believe some of the folks here on CD who tout having 18 offers for employment after they retire at age 65. Why? Because a lot of corporations do not hire anyone over retirement age anymore....you are retired, go consult, hit Wal-Mart whatever, but no more full , direct employment with many said companies.

Age discrimination is real, if you are let go at an advanced age, you are often offered a early retirement package or a severance to pacify the situation....depending on your years with said company.
And the soon to be ex- employee typically signs away any rights towards legal action against said company.

But do not misconstrue the above paragraphs to suggest that I do not believe that you and DH are being offered positions...but you must understand that is less "common" than you think, regardless of previous posters tales.

What I stated above does also relate to part time employment as well, depending on the field of employment OP, although looking for part time work, most likely is not considering a greeters position at Wal-Mart in her early years after retirement....later on? Why knows?
Reply With Quote Quick reply to this message
 
Old 02-25-2018, 12:51 AM
 
Location: Florida -
8,764 posts, read 10,843,052 times
Reputation: 16639
What kind of business should I start at retirement?

That's sort of like the contradiction of asking, "What kind of work should I do when I stop working?" -- Most small business owners work much harder and longer hours than most employees. Even most 'private business investors' quickly discover that a 'hands off' approach is rarely successful ... particularly if they are working in an area where they have no experience or skills.
Reply With Quote Quick reply to this message
 
Old 02-25-2018, 12:52 AM
 
292 posts, read 125,755 times
Reputation: 392
Quote:
Originally Posted by BucFan View Post
Heck no!

I actually feel sorry for anyone who hasn't established enough outside interests/hobbies during their lifetimes that they feel a need to keep doing "work".....

I've been retired almost a decade and not a single day have I been bored without absolutely nothing to do. I'm posting here now just become I'm coming down from three hours of yoga I did up in my city at a festival and need to unwind.

Anyone who enjoys "work" ought to think about volunteering anyway, imo - be useful to society and give back.
I mentioned her choices in part time or full time work based on her skill set, nothing about hobbies

Glad that you are happy...
Reply With Quote Quick reply to this message
 
Old 02-25-2018, 12:55 AM
 
Location: Florida -
8,764 posts, read 10,843,052 times
Reputation: 16639
What kind of business should I start at retirement?

That's sort of a contradiction, like asking, "What kind of work should I do when I stop working?" -- Most small business owners work much harder and longer hours than most employees. Even most 'private business investors' quickly discover a 'hands off' approach is rarely successful ... particularly if they are investing in a business where they have no experience or skills.

Nevertheless, if hard work, long hours, high risk and limited income sound like your idea of "retirement," one would think you should first decide what you really would like to do.
Reply With Quote Quick reply to this message
 
Old 02-25-2018, 01:01 AM
 
292 posts, read 125,755 times
Reputation: 392
Quote:
Originally Posted by ss20ts View Post
Envious? Nope. Not even a little. I'm quite happy in my life.

A person's education level doesn't mean much to me. There are intelligent people who didn't finish high school and there's people with PhD's that don't have the common sense god gave to a grapefruit. A piece of paper doesn't mean anything!
My comment was based on some of the snarky feedback the OP has received, not directed at you personally.

While I agree with your philosophy RE: education and those pieces of paper employers don't always agree. Unfortunately most of us want a lawyer with the schooling to back the legal license, as well as a plumber who provided his or her knowledge by going thru a journeymans process for their education.

I certainly can attest to both Ph.D and high school dropouts who have been dim bulbs in certain areas of life but like most people, we are all about average...good at some skills, and rather inept at others.
Reply With Quote Quick reply to this message
 
Old 02-25-2018, 03:55 PM
 
Location: Ohio
19,916 posts, read 14,235,190 times
Reputation: 16091
Quote:
Originally Posted by cebuan View Post
My thoughts? OK. 80% of all business startups fail. If you are one of them, you will lose everything you have.
That would depend on how the business was structured, and what personal assets were used as collateral to obtain financing/funding.
Reply With Quote Quick reply to this message
 
Old 02-26-2018, 08:01 AM
 
Location: Loudon, TN
5,783 posts, read 4,836,241 times
Reputation: 19453
I've got a retired friend who easily makes $17,000 year doing pet-sitting part-time. It's not a huge amount of dough, but considering how little work it takes it's great. It pays for her shopping habit and travel fun. There are virtually no expenses other than gas for her car and poop bags. She sticks to an area within a 10 mile radius of her home. Many of her customers are literally within a mile or three of her house. She does both multiple drop ins per day to feed and walk pets in their own home, and takes well socialized pets to her home to sit full time. The owners provide the food for their pets. She works completely off referrals from clients and has many regulars, so there isn't any advertising costs. Her calendar is often filled weeks in advance and she can easily work as much or little as she wants. When she needs to take time off, she has a list of other sitters to refer people to. Many people don't like kenneling their pets, so she gives them the personalized care in their own home, or hers, without all the cages and kennels, dozens of other dogs, etc.

Like I said, it's not a fortune, but she is a bit hyperactive, so having multiple clients and multiple visits at one time suits her personality and keeps her busy, and the hubby is happy she makes her own spending money.
Reply With Quote Quick reply to this message
 
Old 02-26-2018, 09:44 PM
 
292 posts, read 125,755 times
Reputation: 392
Quote:
Originally Posted by TheShadow View Post
I've got a retired friend who easily makes $17,000 year doing pet-sitting part-time. It's not a huge amount of dough, but considering how little work it takes it's great. It pays for her shopping habit and travel fun. There are virtually no expenses other than gas for her car and poop bags. She sticks to an area within a 10 mile radius of her home. Many of her customers are literally within a mile or three of her house. She does both multiple drop ins per day to feed and walk pets in their own home, and takes well socialized pets to her home to sit full time. The owners provide the food for their pets. She works completely off referrals from clients and has many regulars, so there isn't any advertising costs. Her calendar is often filled weeks in advance and she can easily work as much or little as she wants. When she needs to take time off, she has a list of other sitters to refer people to. Many people don't like kenneling their pets, so she gives them the personalized care in their own home, or hers, without all the cages and kennels, dozens of other dogs, etc.

Like I said, it's not a fortune, but she is a bit hyperactive, so having multiple clients and multiple visits at one time suits her personality and keeps her busy, and the hubby is happy she makes her own spending money.
Gal who watches my cats is exactly as you describe...and the furry bros. love.her. She has been featured on Caesar Romano's the "Dog Whisperer " in the past.

She has grown so much that she has assistants helping her. Local vets refer her. The veterinarian practice on the Nat Geo Show "Animal ER", Gulf Coast Veterinian specialists in Houston Texas refers her.

She made quite a second career for herself.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Retirement
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top