2 hours ago, siteunseen said:

I "LIKE" what you say Dennis, I'm maxed out for the day though.  Ten per day and I'm an early riser.

Tomorrow's another day 

Dennis

First of my day!  8^)

If the prices continue to rise the way they have been, I will buy as many as I can find down here.  Work on them until I'm not able to anymore then sale.  They're a great investment.

On 7/16/2016 at 4:20 PM, psdenno said:

As far as Social Security goes, you take a substantial hit if you start collecting at 62 compared to 65.  Something to remember is that if you don't start collecting at 65/66, your entitlement amount goes up 8% a year for every year you delay until age 70.  You kind of have to play the odds if longevity runs in your family.  Interestingly, 70 is the last  legally significant birthday you have to keep track of (16 for driving, 18 to vote, 21 to drink, 65/66 for SS & Medicare, 70 for maximum SS and mandatory time to start tapping IRA accounts for required minimum distributions if you haven't already.) so mark your calendar, take your chances, and plan your retirement Z budget accordingly. 

Dennis

Actually full SS payments for my age bracket start at age 67. Interesting little known fact: You do have to start taking "Mandatory" distributions from your IRA(s) at age 70 1/2, but if you are still working you do not have to take money out of your 401K. I know people who have increased their 401K contributions by the amount of their mandatory distributions to prevent paying taxes on that money until they actually quit working. (Maybe they think that they will live forever?)

 

congrats on the retirement. I did the same a couple of years ago and have no regrets at all. It was quite a drop in yearly income, but with a small pension, a few RRSPs and CPP coming up this year we have made a go of it. Not having to get up to a alarm clock every day has been on of the best parts. Enjoy.

On 7/15/2016 at 8:47 PM, zhead240 said:

after 35 years on the high seas I retired on Wednesday. fished lake erie and lake huron ( commercial gill nets) mostly for perch walleye whitefish and lake trout. tough hard job. no pension, only a hardy hand shake and a fine farewell. fortunately me and the wife lived modestly within our means. the zed and 68 mustang ( which she recently sold) were the only extravagant purchase for us and that was late in life. after getting up at 3 oclock every morning now I can toss the alarm. lots of time to cruise and golf.

Congrats!!  Enjoy your time, maybe start a Z hobby building something cool for the cars...  Or, just cruise and golf... 

Enjoy it ! You will see there are plenty of things to do, you won't get bored