Out of the work force that is!!
Because I worked for Magna for so many years they were obligated to keep paying me for a while, after they heaved me out the door. That gravy train is now coming to an end, and it necessitated a 'now what', decision for Roo and I.
After much discussion, and after a fairly exhaustive study of our finances, and our living needs, I have decided to go into temporary retirement. I call it temporary because I choose to remain open to possibilities. If anyone needs their bicycle repaired, or a house built, I'm your man. The only condition is that I work exclusively for cash. Forty years of paying income tax is enough!!
Of course, if we listened to our financial advisor, I would probably be out looking for work right now. He thinks there's a chance that I may live to be 91, and Roo even longer. Apparently the worst thing that can happen is that you outlive your money. Roo and I are of a mind that the exact opposite is true. What a shame it would be to leave some of our money un-spent.
Cancer is a powerful factor in my retirement decision making. If I live to be as old as my Dad before he succumbed to prostrate cancer, then I have a short 10 years left. When I combine that reality with my own cancer experiences, I'm very comfortable with trying to get to 80. If I go beyond that, then my children will have a problem! And since we've raised them well, I'm pretty sure they'll respect my wishes and put me on an ice flo. Actually Adrian promised me, and he was smiling as he did so!!
The decision doesn't however come easily as it will necessitate some lifestyle changes. When you have a secure income it's easy to spend your money. There's always tomorrow to make it back. We now have to get used to living on a fixed budget. Claudette and I believe we are up to the challenge, and in actual fact, I think there may be some valuable learning in the experience.
Oh....and our budget includes Ironman entry fees!!
In celebration of my retirement I went for a nice little run. It was one of those really special ones. Almost 58 years old, and I ran 38 kms "comfortably"!!! My average was 5:19/km and the last 5 kms were the fastest!! While I don't know how fast I'll be, I'm now comfortably prepared for my marathon in 2 weeks. My taper starts now. Then after the marathon it's full time Ironman training.
Run 38 kms 3:21:56
"A budget tells us what we can't afford, but it doesn't keep us from buying it."---William Feather
Love
Peter
Because I worked for Magna for so many years they were obligated to keep paying me for a while, after they heaved me out the door. That gravy train is now coming to an end, and it necessitated a 'now what', decision for Roo and I.
After much discussion, and after a fairly exhaustive study of our finances, and our living needs, I have decided to go into temporary retirement. I call it temporary because I choose to remain open to possibilities. If anyone needs their bicycle repaired, or a house built, I'm your man. The only condition is that I work exclusively for cash. Forty years of paying income tax is enough!!
Of course, if we listened to our financial advisor, I would probably be out looking for work right now. He thinks there's a chance that I may live to be 91, and Roo even longer. Apparently the worst thing that can happen is that you outlive your money. Roo and I are of a mind that the exact opposite is true. What a shame it would be to leave some of our money un-spent.
Cancer is a powerful factor in my retirement decision making. If I live to be as old as my Dad before he succumbed to prostrate cancer, then I have a short 10 years left. When I combine that reality with my own cancer experiences, I'm very comfortable with trying to get to 80. If I go beyond that, then my children will have a problem! And since we've raised them well, I'm pretty sure they'll respect my wishes and put me on an ice flo. Actually Adrian promised me, and he was smiling as he did so!!
The decision doesn't however come easily as it will necessitate some lifestyle changes. When you have a secure income it's easy to spend your money. There's always tomorrow to make it back. We now have to get used to living on a fixed budget. Claudette and I believe we are up to the challenge, and in actual fact, I think there may be some valuable learning in the experience.
Oh....and our budget includes Ironman entry fees!!
In celebration of my retirement I went for a nice little run. It was one of those really special ones. Almost 58 years old, and I ran 38 kms "comfortably"!!! My average was 5:19/km and the last 5 kms were the fastest!! While I don't know how fast I'll be, I'm now comfortably prepared for my marathon in 2 weeks. My taper starts now. Then after the marathon it's full time Ironman training.
Run 38 kms 3:21:56
"A budget tells us what we can't afford, but it doesn't keep us from buying it."---William Feather
Love
Peter
Do you build things other than houses? I'm very happy for you and joyful Roo. I'm pretty sure she is all you need!
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