[dreamingat30fps]

- One of the guides on those exotic car tours
- Wood working of some kind, making furniture or wooden bowls and shit
- Fake farmer aka having some cows and what not for fun, I’m not butchering Leroy.
- I use to be really into filmmaking as a kid. Wouldn’t mind doing something on movie sets. Although I’m not sure if it would be as fun now when everything is CG and you can get shot.

[King_Leonard]

Originally Posted by upstatedoc

I wanna mow lawns when I retire. Heck, I would do that now but it won't pay the bills

You need to find the right type of lawns, if you know what I mean.

[sygazelle]

I'd want to be a moderator on the BMW off-topic forum. The first thing I'd do is ban each and every one of you whiny, arrogant, content-free a$$hats. Then, there would be no more forum and I could go right back to retirement.






Just a joke people. I love most all of you!

[fun ticket]

I'm currently retired but not by choice. My company was acquired by a competitor this past summer and they kept me until October. I was a VP and let the entire leadership team go, VP and above all C-Suite as well. I was there 21 years. I get paid for a year so no immediate rush but I have discovered I am not even close mentally to wanting to retire. I'm really struggling with boredom. I have painted the entire exterior of the house myself, sealed the driveway pavers, you name it. Out of home projects now. At my age it will be difficult to get a job similar to what I had and I understand that. I am willing to entertain less salary and responsibility. For grins, I applied and got an offer at West Marine (I'm a boater) but had a hard time wrapping my head around working an 8 hour day and not even making $100. To be clear, I don't have to work financially but damn all day and not even $100......

If anyone else has been through a similar situation would love to hear any thoughts you have.

Thanks.

[Merlin_83]

First off to the OP - This is a Great Post!

For me and my wife, we spoke often about some of the things others have mentioned. We live close to the farming area west of Portland, Oregon. And have discussed that in 15 years or so we buy a small working farm, for something like hazelnuts and add a small boutique vineyard.

But the farm would be a huge destination to foster and be a permanent home to as many cats and dogs as we could take in. I love the idea of having an old farm filled with all sorts of animals that we would have rescued. Plus tooting around in an old tractor and tending to the farm needs sounds awesome to me.


Cheers,
Merlin

[rebekahb]

Originally Posted by Bonk!

I want to foster dogs.

Originally Posted by DETRoadster

Bingo. Me too. I want a whole freakin' farm full of dogs. Puppies, old dogs, 3 legged dogs, dogs in wheelie-carts, I dont care. Just load me up with dogs. The fewer people around the better.

Have y'all checked out Old Friends Senior Dog Sanctuary? If you have FB you can check out their page or google them. Just cool that someone is loving on the old guys!

[wtwo3]

Here's a question for those of you who've already retired. Have you seen yourself downsizing in retirement, or are you continuing with the same standard of living?

I struggle with this thought in terms of what type of net worth I'd need if I wanted to maintain my lifestyle, but also considering that some expenses will go away (i.e. childcare, mortgage, student loans, etc) while some expenses will likely increase (healthcare).

[Esteban]

Originally Posted by rebekahb

Have y'all checked out Old Friends Senior Dog Sanctuary? If you have FB you can check out their page or google them. Just cool that someone is loving on the old guys!

Yeah, that sounds like a humane thing to do. Those old dogs need someone to love them and take care of them.

[Esteban]

Originally Posted by wtwo3

Here's a question for those of you who've already retired. Have you seen yourself downsizing in retirement, or are you continuing with the same standard of living?

I struggle with this thought in terms of what type of net worth I'd need if I wanted to maintain my lifestyle, but also considering that some expenses will go away (i.e. childcare, mortgage, student loans, etc) while some expenses will likely increase (healthcare).

My mother-in-law sold her home after her husband died. She bought a condo that she thought would be easier to take care of, plus it was close to her daughter (my wife). She ended up missing her old place and all the space she had, and all her old friends that lived in the neighborhood. I'm sure it's different for some but it didn't work out too well for her.

[3.0L]

Originally Posted by 3.0L

I

It's nice to have choices that I can take or leave.

Originally Posted by wtwo3

This is what it's all about!

One thing I neglected to mention is that if I take a paying job, it can reek havoc with my pension, even to the point of nullifying it.

But, that's not an issue for me. Any "work" I do outside the home is voluntary and with no pay. I know a few retirees who do voluntary community service in a variety of areas.

[Alfisti]

Originally Posted by wtwo3

Can't speak for Canada, but I know there's people who are able to run businesses using Turo as the platform with multiple cars. Not sure how successful they are but I've seen a few so it must be doable.

Yeah there's at least one guy in Toronto that does it, I have rented from him but I am struggling with numbers.

Let's take the Mustang PP2, GT Convertible I rented;

- $65K brand new so there's significant depreciation
- Insurance has gotta be $2K year
- Maintenance
- One's time to deal with customers, take photos every rental, service the car etc

Revenue wise it is $300 a day, of which Turo takes some and lucky if it is rented what, 50 times a year? That's $15K revenue tops, less all those expenses.... i can't make it work. Maybe once you have a fleet and a formal business the cars can be written off tax wise?

[dreamingat30fps]

Originally Posted by Alfisti

Yeah there's at least one guy in Toronto that does it, I have rented from him but I am struggling with numbers.

Let's take the Mustang PP2, GT Convertible I rented;

- $65K brand new so there's significant depreciation
- Insurance has gotta be $2K year
- Maintenance
- One's time to deal with customers, take photos every rental, service the car etc

Revenue wise it is $300 a day, of which Turo takes some and lucky if it is rented what, 50 times a year? That's $15K revenue tops, less all those expenses.... i can't make it work. Maybe once you have a fleet and a formal business the cars can be written off tax wise?

I looked into this briefly at some point also, too much work for me, but I do think it would work if it was a business. First I’m not sure I would buy any new cars to put on turo, maybe if it’s some high demand car that’s only available new. However I have a 2019 Mustang GT PP2 and I paid probably like half that used under 20k miles on it (maybe you are talking that fake Canadian money?). Regardless I think the biggest issue with your estimate is how often it would be rented. 50 times a year is not even worth thinking about. I think the guys that do this full time have those car out a lot more than that. Turo actually has an estimator. I’m sure it’s probably padded to make them look good or only under ideal situations. But I put my car in Ft Lauderdale area and it says 14 days a month thats 168 days per year. Still not a business I have any interest in, but I definitely think the numbers could work, at least here.

https://turo.com/us/en/carculator?co...tang&year=2018

[Alfisti]

New PP2's are $60K+ then 13pc tax so closer to 70K than 65K in canada.

In terms of days rented, i think the warmer climate helps. No matter what dates I pump in for the next 3 months, every car I am interested in on Turo is available.

[dreamingat30fps]

They actually have Toronto as a city choice. Even more than here.

[heitzke]

It's always been welding for me. I've always had this picture in my head of turning towards welding, fabrication and working more with my hands once I hang up the tech-industry day job.

[Alfisti]

Originally Posted by dreamingat30fps

They actually have Toronto as a city choice. Even more than here.

That'd be the 4 banger.

[stein_325i]

A fun sort of retirement job for me would probably be working somewhat as a porter for a nice luxury dealership. Low effort work typically and also getting to drive various different cars without owning or having to buy them, could be a lot of fun.

[dreamingat30fps]

Originally Posted by Alfisti

That'd be the 4 banger.

Doesn’t let you pick a trim, but if it’s a business then you would buy the most popular cars or the cars that give you the biggest return. Definitely not something I would do to rent out my own personal car, people will trash the fuck out of it.

[Darth One]

Originally Posted by stein_325i

A fun sort of retirement job for me would probably be working somewhat as a porter for a nice luxury dealership. Low effort work typically and also getting to drive various different cars without owning or having to buy them, could be a lot of fun.

I don't know if it's different now, but I used to have a lot of car dealerships in SoCal as clients and quite a few of them would employ retirees as porters. It was a sweet gig - beyond being able to drive nice cars, it was a pretty low stress job for the most part, as long as it didn't get too busy - and you just shot the shit with your friends the whole time.

I personally am not qualified for this job, but I'd love to be the guy that went around rating restaurants for the Michelin guide

[wtwo3]

Originally Posted by Alfisti

Yeah there's at least one guy in Toronto that does it, I have rented from him but I am struggling with numbers.

Let's take the Mustang PP2, GT Convertible I rented;

- $65K brand new so there's significant depreciation
- Insurance has gotta be $2K year
- Maintenance
- One's time to deal with customers, take photos every rental, service the car etc

Revenue wise it is $300 a day, of which Turo takes some and lucky if it is rented what, 50 times a year? That's $15K revenue tops, less all those expenses.... i can't make it work. Maybe once you have a fleet and a formal business the cars can be written off tax wise?

Maybe not profitable, but if you don't need a car everyday, it's an easy way to at least cover the costs of depreciation/maintenance/insurance. So your cost of ownership becomes little to nothing at worst, and at best you churn a small profit. It's like, "hey, I really want an M8, but I can't justify buying one to have it sitting around for half the year..... UNLESS I offer it up on Turo for the times I don't need it."

I don't know if that's how it works but that's my guess.

[KevinC]

Amateur gynecologist for local sorority.

[wtwo3]

Originally Posted by Darth One

I personally am not qualified for this job, but I'd love to be the guy that went around rating restaurants for the Michelin guide

Better yet, start your own rating system and figure out a way to make it official