I retired my self from the automotive service industry and opened my own business in wholesale manufacturing and proto typing. I'm also working on and restoring older vehicles. I'm now entering the retail side of the industry. I did it all with one of the retirement funds that I started in high school and an investment IRA with the help of Apple and AIG . You can do what ever you want but you have to be smart about it. I still have my other IRA's and union pension to keep growing for retirement.
I would suggest you hire an investment adviser and make a plan. I'm not too sure how far you are from retirement age but it's never too late. Plan it right and you can do what you want and live your life.
Rental properties are nice but I doubt you have enough to over come the insurance and taxes.
I gotta tell you going out on my own was the best thing I did. Living outside of corporate control gives you a freedom everyone should have. Even my worst days as a business owner doesn't give me the stress of working under someone.
Last edited by Vince@Meanstreets; 12-08-2013 at 01:02 PM.
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