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Old 10-13-2016, 03:23 PM   #1
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Default How Will You Spend Your Time When You Retire?

How Will You Spend Your Time When You Retire?-fishing.jpg

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"The running joke for entrepreneurs and solopreneurs when the topic of retirement comes up is, “We can retire?”. But what you’ll use for income when you put down the brushes and fold your drop cloths for the last time is something that requires serious consideration." Retirement Options for Painters
Have you thought much about preparing for retirement one day?

How will you spend your time?
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Old 10-13-2016, 05:17 PM   #2
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We can retire? I'm gonna probably be painting when/if I turn 85. I'll just be painting lower stuff that I don't have to get on my knees to cut in, using an extension pole as a cane. Maybe I'll just roll out floors..
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Old 10-13-2016, 06:22 PM   #3
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I don't think I will ever afford to retire, I will still be paying off college loans (my sons)
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Old 10-13-2016, 06:27 PM   #4
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I may be closer to retiring than I had planned. Starting to have flare ups with my neck and upper back again. I dodged this bullet once by having surgery but I will hang up my brush rather than put myself in a situation where it gets that bad again or where permanent nerve damage may occur.

Model railroading, camping and fishing, video gaming. I'll need a healthy neck and back for all three.
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Old 10-13-2016, 06:35 PM   #5
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Quote:
Originally Posted by Cricket View Post
Attachment 84401



Have you thought much about preparing for retirement one day?

How will you spend your time?
Doing something much like the picture in your post, hopefully. I feel like I gave up my hobbies to raise a family, volunteer at church, and to run a business. I hope I have time left when I am retired to enjoy fishing again.

Last edited by DeanV; 10-13-2016 at 06:50 PM..
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Old 10-13-2016, 06:38 PM   #6
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I don't see retirement as a viable option. Student loans, a daughter who needs my assistance, etc.

I think for me retirement will take place safely, deep in the earth. Safe in the womb of an everlasting night, that's when I'll really know I didn't plan my days on earth right.

Morbid, eh? I pilfered, and then edited some lyrics from "Fruit Tree" by the late Nick Drake.
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Old 10-13-2016, 09:51 PM   #7
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Retire?

from painting?

no way i am going out with a brush in my hand


.
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Old 10-13-2016, 10:08 PM   #8
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Retire, this is America, don't ever get sick or plan on retiring.
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Old 10-13-2016, 10:10 PM   #9
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Im going to teach painting to seniors at the home when i am there.
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Old 10-13-2016, 10:30 PM   #10
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Right. "Retire" is an attitude I'd like to have one day....I'm thinking about refinishing furniture for $$ as a hobby/retirement plan. I dont posess the ability to no longer work with my hands...gotta keep em busy.I also have a hubby with a pension. Nothin like a good man-plan. Lol
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Old 10-14-2016, 12:10 AM   #11
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I need to take more time off before I consider retirement. I also need to find something I would be passionate enough to want to pursue in retirement. Right now, I've got nothing.
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Old 10-14-2016, 12:23 AM   #12
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Quote:
Originally Posted by lilpaintchic View Post
Right. "Retire" is an attitude I'd like to have one day....I'm thinking about refinishing furniture for $$ as a hobby/retirement plan. I dont posess the ability to no longer work with my hands...gotta keep em busy.I also have a hubby with a pension. Nothin like a good man-plan. Lol
My plan is the same. I'm already getting set up for it. Just need the compressor and spray booth
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Old 10-14-2016, 03:49 AM   #13
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[QUOTE=DeanV;1293665]Doing something much like the picture in your post, hopefully. I feel like I gave up my hobbies to raise a family, volunteer at church, and to run a business. I hope I have time left when I am retired to enjoy fishing again.[/QUOTE]

Don't we all? The pic reminds me of Labrador, where my Dad used to take us Atlantic salmon fishing. Great place ,except for the blasted black flies
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Old 10-14-2016, 09:14 AM   #14
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Quote:
Originally Posted by DeanV View Post
Doing something much like the picture in your post, hopefully. I feel like I gave up my hobbies to raise a family, volunteer at church, and to run a business. I hope I have time left when I am retired to enjoy fishing again.
You gotta make time to go fishing. Nothing like getting "centered" standing in a river enjoying creation and hooking in to a chrome bright fish.....ahhhhhhhh. the pressures and anxieties just kinda fade out for a bit.
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Old 10-14-2016, 09:57 AM   #15
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I don't mean to be the downer guy here but unless you have invested wisely , have a pension or a spouse with one and makes good money retirement is a dream. I'm dealing with elderly family right now who have all of the above and it's still not enough money.

I don't know many retired painters most have never charged enough nor knew there costs even after them being in business for 40 plus years. Repaint and new construction painting here by 75 percent of PC's is bid the same money as 20 years ago.
A decent family plan for health insurance alone is $2000 a month with a $5000 deductible. Medicare covers crap . Taxes are only going up up up. Retire my a##.
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Old 10-14-2016, 10:01 AM   #16
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We should start another thread on this. I am surprise when I tried to bring the saving for retirement stuff up in the past how few guys here seemed to really take it seriously. I know I started too late, but 40 years old and am on track to make it happen, I think.


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Old 10-14-2016, 10:58 AM   #17
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I'll be resting peacefully in my casket.
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Old 10-14-2016, 12:40 PM   #18
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Quote:
Originally Posted by DeanV View Post
We should start another thread on this. I am surprise when I tried to bring the saving for retirement stuff up in the past how few guys here seemed to really take it seriously. I know I started too late, but 40 years old and am on track to make it happen, I think. Sent from my iPhone using Tapatalk
I began contributing to an IRA in the mid eighties, knowing it was the right thing to do. Unfortunately, I had to deplete it in the mid nineties for a very important reason that I would do all over again. Since then I have actively contributed to several retirement vehicles. My accounts are modest in comparison to other's, but it's something. Part of my retirement plan also includes reducing my debt to asset ratio.

Frankly, saving for retirement hardly fits into today's quality of life agenda for many.
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Old 10-14-2016, 08:12 PM   #19
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I just hope I'm out of debt and don't have people looking for me at that point.
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Old 10-14-2016, 08:33 PM   #20
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Having just watched Ryan and Emmilia's wedding while polishing off the last of the Cinamon school book cookies, I realize I have an intense propensity for laziness. If this is what retirement looks like, maybe being forced to drag my ass to work, is not such a bad idea afterall.
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Last edited by CApainter; 10-14-2016 at 08:38 PM..
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