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RETIRED!!!

Discussion in 'Investor Psychology' started by skater, 12th Aug, 2015.

  1. skater

    skater Capitalist Premium Member

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    I thought Hubby would be on here, but since he hasn't I'll say it!

    Hubby retired yesterday!


    So....there is NO living on Equity, NO centrelink, NO shares......only residential rental income. AND just so that I'm being perfectly honest here, yes, we do have a Business, but we have not drawn one cent in income from that Business, as the role of the Business is to slowly suck up losses that are quarantined in our discretionary Trust.

    Of course, as time moves on, there will be income to be had from the Business, but as it stands today, we are not drawing an income from it. In fact I see a future where we sell that as well, so we can holiday as we please.

    For those that say it can't be done on residential property, I am here to say it most certainly can.:D
     
  2. Big Will

    Big Will Well-Known Member

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    Well done Skater, how long did your journey take?

    I have just crossed the first hurdle and about to take on the second one. I feel about 20 years away from your stage.
     
    Esh likes this.
  3. The Y-man

    The Y-man Moderator Staff Member

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    Congrats for living the LOR dream :)

    The Y-man
     
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  4. Biz

    Biz Well-Known Member

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    FIGURES!!!! WE NEED FIGURES!!!!!
     
    Esh, juzzy, York and 3 others like this.
  5. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

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    Awesome work - well done!
     
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  6. tobe

    tobe Well-Known Member

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    Congratulations.
     
    skater likes this.
  7. Chilliblue

    Chilliblue Well-Known Member

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    Well done. What are your plans now.
     
  8. Simon Hampel

    Simon Hampel Founder Staff Member

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    Great ... so now you have more time to annoy me? *sigh* :p
     
    Esh and skater like this.
  9. Coota9

    Coota9 Well-Known Member Premium Member

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    Congrats..
     
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  10. sumterrence

    sumterrence Well-Known Member

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    Good work! mind share bit more background info for example how many property and the suburbs? rental income per property and if there are any loan against them? :)
     
  11. Redwing

    Redwing Well-Known Member

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    Well done...what is BH's age, if he doesn't mind answering
     
  12. Peter_Tersteeg

    Peter_Tersteeg Finance broker and strategist Business Member

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    But you're way to young to retire...

    Way to go, that's awesome.
     
  13. willair

    willair Well-Known Member Premium Member

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    Good to see,it's a long road with all investing some find out the adverse outcomes that come along with bumps in the road and give up, I hope you both enjoy the next stage of your life well done..
    http://greynomadsaustralia.com.au/
     
  14. jins13

    jins13 Well-Known Member

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    Well done Skater and hubby! Dreaming about doing that soon....
     
    skater likes this.
  15. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    Congrats to @skater and @Bargain Hunter!! Now make sure you each have something to do outside the house so that you don't kill each other due to shared cabin fever.
    Send @Bargain Hunter to Melbourne to au pair for @Lil Skater and drive her nuts :rolleyes:
     
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  16. stumpie

    stumpie Well-Known Member

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    @skater - that is awesome, well done and congratulations.
     
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  17. CU@THETOP

    CU@THETOP Well-Known Member

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    Well done. How long did it take and how many properties? Any tips as to strategies?
     
  18. JenW

    JenW Well-Known Member

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    Congratulations!!
     
    skater likes this.
  19. Eric Wu

    Eric Wu Mortgage Broker Business Member

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    Congratulations skater, well done
     
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  20. Leo2413

    Leo2413 Well-Known Member Premium Member

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    Congrats!
     
    skater likes this.