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fishbuck
Banned
Posts: 5318
Registered: 8-31-2006
Member Is Offline
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Should I retire to my fishcamp?
I just found out last week that my company (Boeing) will offer another Volountary Lay Off next year.
This coincides with my 58th birthday so I will be eligile for full pension too.
I was hoping to have more money by now but oh well...
Now I am just wondering if I can survive on my pension and 401k until 62 and I will take early social security. I keep medical until I get medicare.
I just paid off my lots this year.
Some my fantasy is to put in my paperwork and get out on the 1st day possible.
Have my truck loaded and head south and not stop until I am at my camp.
I have no plan for what I will do after that.
Maybe pitch a tent and live outside until I build a small structure. I will have nothing but time...
A truck load of block at a time and a few bags of cement.
Anybody done this or thinking about it.
I mean I can litterally go off grid and live a very thifty life. A real pioneer.
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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jbcoug
Senior Nomad
Posts: 709
Registered: 9-24-2006
Location: Vancouver, WA
Member Is Offline
Mood: Needing Baja!
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If you can, do it! You'd be living the life. I sure don't regret retiring as soon as I practically coul. Where is your lot?
\"The average dog is a nicer person than the average person.\" Andy Rooney
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fishbuck
Banned
Posts: 5318
Registered: 8-31-2006
Member Is Offline
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Bahia San Quintin.
I thinking sooner is better. If I am going to build something I want to use it as long as possible.
I mean at 58 how many "good" years will I have left? 20-25 maybe. Don't most people head back north at around 80 or so?
20 years go by quick.
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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chuckie
Elite Nomad
Posts: 6082
Registered: 2-20-2012
Location: Kansas Prairies
Member Is Offline
Mood: Weary
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DO IT! I got laid off at 59...Was at my place in Mulege 3 days later,,Never looked back...
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tiotomasbcs
Super Nomad
Posts: 1837
Registered: 7-30-2007
Location: El Pescadero
Member Is Offline
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I retired down south in 98 and a teacher's pension. I am so glad I have experienced some earlier years and am living comfortably at almost 70 today.
Lots of Baja still to explore, come on down. San Q is a great jumping off place, too. Takes a few years to learn the weather--winds, water temps
and the secret spots! Go for it!! Tomas
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weebray
Super Nomad
Posts: 1094
Registered: 7-19-2010
Location: La Paz
Member Is Offline
Mood: lleno
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My wife's favorite quote: "It's never to early to retire." - But remember + "The trouble with retirement is that you never get a day off." ~Abe
Lemons
I sorta remember another good one: If everyone did the thing they loved the most there would be a shortage of fishing poles.
Every beautiful beach in the world needs a few condo towers - NOT.
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shari
Select Nomad
Posts: 13043
Registered: 3-10-2006
Location: bahia asuncion, baja sur
Member Is Offline
Mood: there is no reality except the one contained within us "Herman Hesse"
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I vote for DO IT!!! With the world churning more chaotic turmoil every day...who knows how long we have left...enjoy it brother!
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fishbuck
Banned
Posts: 5318
Registered: 8-31-2006
Member Is Offline
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I think about you and Juan often Shari. And ofcourse darling Sirena.
I remember your house when I first visited. It was simple but adequate. And the view...
That's what I want.
Of course your wonderful house has evolved a bit. Can't wait to visit again.
[Edited on 12-22-2016 by fishbuck]
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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motoged
Elite Nomad
Posts: 6481
Registered: 7-31-2006
Location: Kamloops, BC
Member Is Offline
Mood: Gettin' Better
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Now, Chuckie....if I remember correctly, when we met a few years ago with the Mulege cabal scarfing pizza, you were facing south....are the Kansas
plains not to the north?
Ahhhh, you would have had to look back to get home....
I "retired" this past April at age 65.....and am spending my first "full" winter in Baja....I have decided to not buy down here as it will be cheaper
to rent than buy....and I can choose different locales for each session down here....
Don't believe everything you think....
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline
Mood: must be 5 O'clock somewhere in Baja
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Go for the retirement!! Buy yourself an 18 foot camping trailer and chill for a while. Sit on your property and enjoy the views
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fishbuck
Banned
Posts: 5318
Registered: 8-31-2006
Member Is Offline
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This year was the 1st VLO which is early or full retirement with up to a years 26 weeks base pay.
I think about 2000 people did it. A few of my buddies did and they left in oct. and nov.
I wasn't even thinking about it until I talked with them a little and the light bulb went on in my head and I realized I was eligible.
Now I'm doing the math...
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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David K
Honored Nomad
Posts: 64723
Registered: 8-30-2002
Location: San Diego County
Member Is Offline
Mood: Have Baja Fever
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Quote: Originally posted by motoged  |
Now, Chuckie....if I remember correctly, when we met a few years ago with the Mulege cabal scarfing pizza, you were facing south....are the Kansas
plains not to the north?
Ahhhh, you would have had to look back to get home....
I "retired" this past April at age 65.....and am spending my first "full" winter in Baja....I have decided to not buy down here as it will be cheaper
to rent than buy....and I can choose different locales for each session down here.... |
Good question. Why not in Baja anymore? I know for some it is medical.
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advrider
Super Nomad
Posts: 1859
Registered: 10-2-2015
Member Is Offline
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The sooner the better I say! In four years I'll be 50 and can retire, I will! It's seems the older I get the faster the time goes and the more value I
put on my time, so I will head South and enjoy it!
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rhintransit
Super Nomad
Posts: 1588
Registered: 9-4-2006
Location: Loreto
Member Is Offline
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Absolutely!
reality\'s never been of much use out here...
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Udo
Elite Nomad
Posts: 6342
Registered: 4-26-2008
Location: Black Hills, SD/Ensenada/San Felipe
Member Is Offline
Mood: TEQUILA!
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I throw my vote for early retirement, fishbuck. You can live like a king on $1500.00 USD per month in Baja.
Wait until 66 to collect your SSI if doable on 401K and pension. It will be worth almost $500 USD per month if you wait until 66 to collect SSI.
Udo
Youth is wasted on the young!
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline
Mood: must be 5 O'clock somewhere in Baja
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Hopefully he won't be collecting SSI......
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willardguy
Elite Nomad
Posts: 6451
Registered: 9-19-2009
Member Is Offline
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didn't you already do the "should I retire" thread a couple months ago?
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BajaRat
Super Nomad
Posts: 1303
Registered: 3-2-2010
Location: SW Four Corners / Bahia Asuncion BCS
Member Is Offline
Mood: Ready for some salt water with my Tecate
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Life is short, and if your fortunate enough to be able to live comfortably on your retirement plan well the sooner the better.
Imagine all the cool places you can visit without the constraint of that four letter word schedule.
Like tin boat camping in that awesome bay.
Have fun, enjoy and all the best 
Lionel
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desertcpl
Super Nomad
Posts: 2396
Registered: 10-26-2008
Location: yuma,az
Member Is Offline
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I say take it and don't look back
but I would add one thing, buy a small inexpensive trailer
make this your home base while your building
you will need to place to get out of bad weather, buy a fully contained trailer
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Bob and Susan
Elite Nomad
Posts: 8813
Registered: 8-20-2003
Location: Mulege BCS on the BAY
Member Is Offline
Mood: Full Time Residents
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work is about money...
you need to look at what you net now then
what "the man" will pay you if you stay home (retired)
the difference is what you actually make...divide that by 40hours
and that your new hourly wage if you stay
I've seen guys work for 25 cents an hour thinking they were making MORE money staying at work
do the math for you
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