Retirement plans recommendations for truckers?

Discussion in 'Ask An Owner Operator' started by mitmaks, Jul 21, 2023.

  1. Deere hunter

    Deere hunter Road Train Member

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    Have y’all seen that billboard that says, your in-laws are not your retirement plan.. lmbo!!!
     
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  3. zinita17601

    zinita17601 Road Train Member

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    I plan to die before i retire.
     
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  4. Chinatown

    Chinatown Road Train Member

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    I knew a couple of hard charging, heavy drinking, partying sailors one time. Their wives kicked them out, so they bought a used houseboat and tied up on a river in Florida. Living the good life fishing and doing whatever they want; very relaxing life.
     
  5. Chinatown

    Chinatown Road Train Member

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    .....or vice versa
     
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  6. xsetra

    xsetra Road Train Member

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    Start investing in rental properties. Start with duplex, tri or quad. Live in one unit rent the others. Let the renters pay the mortgage.
    Pay that unit off and buy another.
    Stock market purchase, should be dividend paying shares.
    Good Luck
     
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  7. Chinatown

    Chinatown Road Train Member

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    A few years ago a driver on the forum did that. Bought a 4-plex and lived in one and rented out the other 3.
     
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  8. rollin coal

    rollin coal Road Train Member

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    That was double yellow but I haven't seen him on the forum in a few years. Renters are great. They always pay on time and don't tear anything up. I'd rather deal with rattlesnakes, copperheads and freight brokers than renters lol. Good luck with that
     
  9. Chinatown

    Chinatown Road Train Member

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    I agree! Tried that at one time. Relatives are the worst renters.
     
  10. JonJon78

    JonJon78 Road Train Member

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    Been reading so much lately though about renters not paying...Owning a couple units is as big of a headache as owning a couple extra trucks... Seems you need tons of rentals to off set the scum bags....
     
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