Re: Too Much at 65

Posted by ss55 on March 17, 2022 at 16:46:58 from (96.42.227.92):

In Reply to: Too Much at 65 posted by olgentdc on March 17, 2022 at 12:18:13:

Sounds like you could retire today and be set for life. Change is always difficult, I am the same way, LOL. What seems obvious for someone else to do in a similar situation just does not apply to me when it happens to me.

Farmland rents are very high. Pencil out the numbers, renting out the farms might provide the same income as farming it yourself, especially if your illnesses get worst and you can't get things done on time or have to hire someone else to finish things for you and that will be when they have time to do it. You probably have enough feed on hand to finish out the livestock you have now. If you don't replace them you don't need the new crop to feed the next batch anymore.

Many retirees find that life gets better after they have fewer responsibilities. Some find new activities that they enjoy, new hobbies or part time work if they need to. A few can't bear to give things up for any reason.

If you know you have illnesses that could drastically affect your ability to carry out the duties of your office, then running for reelection may not be the right thing to do for your constituents. For example our US congressman from SE MN passed away halfway through his second term in office. He had long term cancer and was severely ill during his first term. He was not able to represent us well during part of the first term or during much of the second term. Now the taxpayers have to setup a special election to fill his office for the remainder of his term and we are without representation until that is completed. We are left wondering why did he ran for reelection if he knew he was that sick: pride; greed; simply didn't want to let someone else hold HIS office? Please consider what is best for the voters.

Good wishes whatever you decide to do.

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