What do y'all do for a living?

[flybigjet]

Originally Posted by R N M

I would get a Macan S and enjoy your life while you’re healthy and have the means especially since you don’t have kids. Ask any old person with $$$ and they will tell you same thing.

If I didn’t have kids I would probably be retired by now lol
Instead i’m about to pay $5k for my daughter’s braces 😬

I'm "fairly" certain that I'm enjoying my life..... but if I could find a used late-model Macan S in orange, I'd consider it.

But, I have no idea even I'd even start to look-- the local dealer is one of those "We're doing a favor by even letting you in the door" types. Um, nope.

Carvana, etc? Nuthin'.

And besides? I **LOVE** my Element. (which is orange as well. )

R.

[kudos]

Originally Posted by flybigjet

I'm "fairly" certain that I'm enjoying my life..... but if I could find a used late-model Macan S in orange, I'd consider it.

But, I have no idea even I'd even start to look-- the local dealer is one of those "We're doing a favor by even letting you in the door" types. Um, nope.

Carvana, etc? Nuthin'.

And besides? I **LOVE** my Element. (which is orange as well. )

R.

Try looking on the auction sites.

[R N M]

Originally Posted by flybigjet

I'm "fairly" certain that I'm enjoying my life..... but if I could find a used late-model Macan S in orange, I'd consider it.

But, I have no idea even I'd even start to look-- the local dealer is one of those "We're doing a favor by even letting you in the door" types. Um, nope.

Carvana, etc? Nuthin'.

And besides? I **LOVE** my Element. (which is orange as well. )

R.

Use Porsche Finder - it’s Porsche’s website, you can save the cars your interested in.

Element im sure is great but i think Macan will make you much happier 👍

[bm5bullit]

Just catching up on this thread. I have got business that is kind of unique and extremely hard to get into. My partner and I have a fire protection contracting company and we also do fire engineering. A rare field which is made rarer by the fact that up until about 20 years ago, the only accredited and long standing school for this type of engineering is the University of Maryland. My partner is the FPE and I come from a fire marshal background and we both ended up at a very large fire engineering firm in San Diego. Nowadays, there are more universities offering a similar program without the actual technical proficiency being taught. Business has always been recession proof.

[Socal_R8]

adult entertainment









don't get excited



casino mgmt

[Phillies8008]

Originally Posted by R N M

Ok but what is the point of that.
You will always have regrets later on.

I don’t spend crazy except on cars and try to maximize savings/ reduce unnecessary costs. But you also have to live for today as once you get to your 40s or 50s, this will probably the best you will feel. I don’t want to wait and drive a GT3RS when i’m 60+. It’s hard to get out of those bucket seats for me now 😀

I've come to the conclusion that though you can't ignore the future, you equally should not ignore the present. Over the last few years I've watched a lot of people have significant medical problems, including my parents. I drove "sensible" cars for decades, but I'll be damned if I'm going to continue to wait for the "perfect" time only to find out that I'm suddenly too old or in too poor health to drive the stuff I really want to drive.

[dcstep]

Originally Posted by Phillies8008

I've come to the conclusion that though you can't ignore the future, you equally should not ignore the present. Over the last few years I've watched a lot of people have significant medical problems, including my parents. I drove "sensible" cars for decades, but I'll be damned if I'm going to continue to wait for the "perfect" time only to find out that I'm suddenly too old or in too poor health to drive the stuff I really want to drive.

Balance is the key. Easier said than done.

I was a partner in an elite, international CPA firm, a senior officer in a NYSE company and consulting for decades, yet continued to play trumpet at a high level, I'm a photographer published in Travel & Leisure, etc and, oh, the cars. Coached girls soccer, was a leader in Indian Princesses. Always had nice, but not extravagant homes and moved for work several times. Alpha type.

If I limited anything, it was the cars in the early decades. (Craved Porsche, etc) I focused on high performance, but inexpensive. The only guy in the executive parking with a 5.0 'stang, modded for SCCA ESP as my daily driver. Parked between a Mercedes and a Lexus. (The women, loved the 'stang).

I had many years when it was a strain to save. Moving for work lost me money on three out of seven houses. I kept striving, but kept saving also. I was helped by a few BIG paydays along the way. (I hunted "deals" and some hit).

My youngest took a totally different path and is set for life before 40. She got her network engineering certs from Cisco, then was IPO at LinkedIn and Uber. Her husband was IPO at Square and they started their own blockchain development platform a few years ago and they are wealthier than me, drive a loaded Rivian and travel constantly.

Can 20-somethings still get pre-IPO stock these days?? In 2008, she moved to Silicon Valley with no job, hanging out in Starbucks and got that LinkedIn job off Craigslist. It's a path that my daughter followed, along with several of her buddies from Rochester Institute of Technology. All of her buddies have ended up well off before 40.

I wonder about software engineering these days. That daughter became a senior software developer at Uber before she left, but is spending more time as a network engineer now. When things go wrong, NE is hands on, replacing cables and servers, where software engineer is, "ask AI."

At least as a dentist, hands are needed, at least for now. Still, the higher your specialty, the better.

[Vindicator3]

Agree that balance is the key. Living like a monk and saving everything no matter how much you make is almost as silly as spending beyond your means and saving nothing.

Commit first to a savings rate that will avoid the need for a lifestyle cut when you retire (outside of assuming that you'll slow down when you're 80), then beyond that there's nothing foolish about spending today to enjoy today, as long as you're not borrowing to do so.

[dcstep]

Originally Posted by Vindicator3

...
Commit first to a savings rate that will avoid the need for a lifestyle cut when you retire (outside of assuming that you'll slow down when you're 80), then beyond that there's nothing foolish about spending today to enjoy today, as long as you're not borrowing to do so.

Good advice EXCEPT, at 78, I'm not planning to slow down at 80. I have time for photography trips, Nurburgring with BMW, all kinds of fun. I'm not trying to spend it all before I die and making it last until I do is an objective, but slowing down????

I'm blessed and thankful for that. At my age, many good friends have already died. Rather than curl up in a ball, that encourages me to enjoy the life that I have and be thankful for how blessed I am..

[G MONEY]

Originally Posted by Moe2Moto

Anyone else have anything to contribute?

Here was my path. Out of high school get into a Pipefitter union. On the advice from my father ( one time I listened ) my first house was a duplex. Lived in 1 and rented the other. To 2 little hotties back then😳😄. Lived in my side for 3 years. Bought another one, rented my original and now had 3 rental living in the 4th. 25jsh at the time. Then I bought my first single family and had 4 rentals. After that , flipped a few and used that for 2 more rentals. Long story, I had 12 rentals. Sold one end of Covid and bought a 458😉. I would not consider myself filthy rich, but I’m free rolling these days. Have a shore house in Margate with a 3 car collection. I plan on selling the homes in about 5 years but rentals these days are gold. None of these kids want to own shit. Rentals are through the roof. Plus, anyone going to college is so underwater with dept, they have no money for a down payment. It’s sad. Glad I didn’t do college. Didn’t cost me or my parents a penny. I was making good money for those years. If I had to guess, I probably make an average of about 7-800 a month on each of the 11 rentals. Plus my normal job. It takes some work early on but you will never lose in my opinion going with rentals. I always do well on taxes with the write offs. I’m going to set my nephew up with this plan and get him into my one duplex.

[SaltyVeteran]

Something like this

[Phillies8008]

You identify as an Apache helicopter?

[Vindicator3]

Originally Posted by dcstep

Good advice EXCEPT, at 78, I'm not planning to slow down at 80.

That is awesome! Well done.

Obviously, everyone is different. Many will be dead before 80. Many will be like you. But most will start to slow down (spending wise) around there, give or take.

The main point for this is that you can force yourself to over-save or delay retirement too long if you plan to spend heavy as soon as you retire (travel, etc.) and plan to live a long time, and plan to keep spending heavy the whole time. The data show that very few people do this and most folks if they live long enough spend heavy from retirement to 75 or 80 (ish), then spend less, then spend more again as medical expenses rise in the last few years.

[RPM33]

Originally Posted by R N M

Ok but what is the point of that.
You will always have regrets later on.

I don’t spend crazy except on cars and try to maximize savings/ reduce unnecessary costs. But you also have to live for today as once you get to your 40s or 50s, this will probably the best you will feel. I don’t want to wait and drive a GT3RS when i’m 60+. It’s hard to get out of those bucket seats for me now 😀

You can option your GT car with sport seats. I optioned my GT4 RS with sport seats and I have no issues.

[bm5bullit]

I went thru this thread now for the second time and I have to say that hardly a one of you had a life handed to you. Makes you appreciate all of the interesting backgrounds, sacrifices, unique paths to your own happiness which is not possible in some parts of this planets. Congrats to all you that made it happen.

[Moe2Moto]

Originally Posted by G MONEY

I’m going to set my nephew up with this plan and get him into my one duplex.

I can be your nephew

[G MONEY]

Originally Posted by Moe2Moto

I can be your nephew

Ha ha. Good luck brother!

[Phillies8008]

Originally Posted by bm5bullit

I went thru this thread now for the second time and I have to say that hardly a one of you had a life handed to you. Makes you appreciate all of the interesting backgrounds, sacrifices, unique paths to your own happiness which is not possible in some parts of this planets. Congrats to all you that made it happen.

The truth of the matter is that for a lot of people whatever plan they think they have when they're beginning their career rarely ends up going the way you thought it would. When I was 24 I never would've predicted I'd end up where I am – a lot of it has been shaped by circumstance, opportunity, and luck. You obviously have to work once you get there, but sometimes it's just being in the right place at the right time that leads you to where you end up. If I hadn't have known a couple of people that I do, and if my son didn't have a chronic disease I definitely wouldn't have ended up anywhere near where I am today. As they say, life happens.

There are certainly a fair number of professions that require having that plan and following through with it, like the medical field, etc., but a lot of them really just happen more than anything.

[Efthreeoh]

Originally Posted by R N M

Ok but what is the point of that.
You will always have regrets later on.

I don’t spend crazy except on cars and try to maximize savings/ reduce unnecessary costs. But you also have to live for today as once you get to your 40s or 50s, this will probably the best you will feel. I don’t want to wait and drive a GT3RS when i’m 60+. It’s hard to get out of those bucket seats for me now 😀

Lol. WTF.

I'm in my mid-60's and my last three vehicles purchased are: a manual Z4 E86 Coupe in 2014, a Gen 6 Ford Bronco 2-door (manual) in 2022, and just recently, a 758-pound, 3.2 sec.-to-60 BMW K1600B scooter.

[Phillies8008]

Originally Posted by Efthreeoh

Lol. WTF.

I'm in my mid-60's and my last three vehicles purchased are: a manual Z4 E86 Coupe in 2014, a Gen 6 Ford Bronco 2-door (manual) in 2022, and just recently, a 758-pound, 3.2 sec.-to-60 BMW K1600B scooter.

No one's saying that everyone can't do these things at an older age, but the fact of the matter is that your chances of not being able to are increasingly higher the older you get. There are people that have no mobility problems at 80, and people who do have them at 55. Just depends on genetics and luck.

I don't think it's an unreasonable consideration since there's no guarantee that you won't fall prey to those increasing odds and lose the opportunity.

[The Guvna]

Joined the service to escape poverty. Retired from the service and now do cyber security and can afford a nicer car

[Efthreeoh]

Originally Posted by Phillies8008

No one's saying that everyone can't do these things at an older age, but the fact of the matter is that your chances of not being able to are increasingly higher the older you get. There are people that have no mobility problems at 80, and people who do have them at 55. Just depends on genetics and luck.

I don't think it's an unreasonable consideration since there's no guarantee that you won't fall prey to those increasing odds and lose the opportunity.

Nearly everyone has mobility issues as they age; I very much do, but driving sports cars (the Bronco qualifies) and riding motorcycles is more important than any minor aches and pains I get from using such vehicles. Plus they have Aleve with the arthritis cap!

The post made it sound like once a person hits his 50's he's ready for the retirement home (automotively speaking). I was just countering that point of view.