Re: No retirement

[HankHeath@xxxxxxx]

Carl:

I probably intimated some of this before, so I apologize if this is
repetitious. 

I had a very good retirement plan with sufficient savings, a lowered
lifestyle, a retirement home fully paid for, and interesting activities all
planned out when I was in my late thirties. In fact, I took a couple of years
off in mid-thirties to teach college. This was a test to see if I could stand
the slower pace of retirement (college teaching is not that challenging). I
thought I had the system beat. 

Then the system beat me during a divorce. I was allowed by the state of New
York to lose everything I had - savings, house, possessions, and all of my
income to child support. They were very nice about it. I could keep my life,
if I could figure to pay them more than my income, and still make more on the
side to feed myself. 

It taught me a very important fact of life: you have no civil rights if the
state determines a way of depriving you of them. I really didn't know that
before. 

It has taken me ten years to recover from that. I now am making the equivalent
of double my income of ten years - adjusted for inflation. I am now rebuilding
my nest eggs and making plans for the future.

Retirement? Nope. I don't trust the governments to leave me in peace if I fall
back on a retirement scheme. As a result, I am building a stream of
investments to supplement my income as it falls off during my later years.
I'll keep working, because I love the work. There's more detail to this, but
that's more than enough for now.

Hope that answers your question.

Sincerely,

Hank Heath

In a message dated 11/30/98 10:21:39 AM Eastern Standard Time,
cgalgano@ediconsulting.com writes:

<< What are your plans Hank? >>
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