Originally Posted by Bob_mt
Originally Posted by Calvin
Social security will probably be kicking in at 70 when I get to that age.

I always thought 6k a month would be plenty doable when the kids are out of the house.

When you look at the statistics of what most people retire on, it shows it can be done on much less.

My plan is a mix of part time commercial fishing, rentals, leasing out my business, leasing out quota/permits, SS, and interest income.

Plan on staying on the boat until 55, then hiring my replacement until 65, then leasing the business.

I was going to get into rentals...I was a builder after all.....but for me I didn't see the upside, it looked like I would be making a job for myself. I know it works for others. good plan you have....bob


I already own one free and clear. I wouldn’t jump into rentals at today’s prices. And yes, it is a pain in the ass. If rent stays high it’s good income.