What's the number?

[The AD]

And, like I said, most resorts are dying for a responsible, educated, damn good looking (heh) mature employee who shows up on time and isn't hungover as their public interface. Weekends, easy job, free pass, gas money. Every little bit helps. Sure makes everyday skiing cheap. Pick a place with a nice summer, and you're set. Good investment.

I like the sound of this.

[4matic]

This is pretty much my take on it less the work at the mountain part. I'd be pretty stoked to ski Monday - Friday then rent the place on weekends and let them pay the freight and deal with the crowds. I'll spring the g for a pass vs working in retirement.

So it’s a hobby not an investment.

[4matic]

Why overthink the numbers on an investment? That's rich..

Lets say mr selfish baby boomer wants a $400k ski condo airbnb. That's at least 25% down plus associated costs. $100k. If you have a 4% return you could have $7k a year to spend on hotel rooms and lodging anywhere you want for the next 20 years That's 35 nights a year in a $200 a night hotel.

[Benny Profane]

Why overthink the numbers on an investment? That's rich..

Lets say mr selfish baby boomer wants a $400k ski condo airbnb. That's at least 25% down plus associated costs. $100k. If you have a 4% return you could have $7k a year to spend on hotel rooms and lodging anywhere you want for the next 20 years That's 35 nights a year in a $200 a night hotel.

You know, this only tells me that you really fucked up with your own "investment" strategies, and are in deep shit, savings wise, so you lash out at so called "selfish" boomers and at little of what they have, because, again, you don't have shit and you're scared of your future, like the large majority of Americans. You constantly post pithy little bon mots in the stock market thread, like you know what success is, but, at this point, you have to be a moron not to know that the game you play, or, just talk, is fail. It's stupid. Time and time again, simple charts and historical returns have shown you that it's easy. Mix of index, bonds and stocks, maybe some real estate, feed it, live under your means. You didn't/don't do that, right? Work for someone with a retirement package? Probably not, or you left for "greener" pastures too soon.
Anyway, what I'm trying to tell everyone is that return on investment may be more than 5%, it could be a cheap life in ski country, if lucky and thought out. But, really, go fuck yourself with your bitterness.

[Tye 1on]

heh, he's the bitter one....rich...

[Benny Profane]

Well, I'm skiing midweek right now, so.....

[BFD]

Why overthink the numbers on an investment? That's rich..

Lets say mr selfish baby boomer wants a $400k ski condo airbnb. That's at least 25% down plus associated costs. $100k. If you have a 4% return you could have $7k a year to spend on hotel rooms and lodging anywhere you want for the next 20 years That's 35 nights a year in a $200 a night hotel.

I don't know about your math. I bought a place I could afford in a place I decided I wanted to live. Paid cash. Rented it out this summer by the month to a couple. The rent covered all my expenses of the house and some left over for improvements. Condo fees never go away I am happy I stayed away.

[Benny Profane]

Property taxes keep going up.

[4matic]

heh, he's the bitter one....rich...

Benny is sensitive about his age..

[Benny Profane]

And you're obsessed with your so called trading acumen.

[4matic]

And you're obsessed with your so called trading acumen.

Not really. I don't trade much. I'm like a football fan only it's markets. I don't claim expertise on everything like you do.

[Benny Profane]

Really? You need a hobby.

[4matic]

Really? You need a hobby.

Just did two days at Squaw and one at Kirkwood. Golf today. I don't watch much sports except LPGA golf. What's wrong with technical charting as a hobby?

[Benny Profane]

What's more wrong is watching LPGA golf.

[4matic]

What's more wrong is watching LPGA golf.

Benny the well known woman hater prefers the guys.

[Benny Profane]

No man, I love watching lesbians play, too.

[4matic]

I am humbled with kind words from TGR spiritual guru.

[VTeton]

4M seems like a solid number assuming no mortgage, college done. I'd probably want half in real estate and half elsewhere. Healthcare is only wildcard.

I'd consider walking away with less if I had some good RE investments. Spent the last 15 years making people boatloads of money in RE, hopefully the next 15 will be more for me.

Sent from my SM-N950U using Tapatalk

[liv2ski]

$4M is a big number for most people to get anywhere close to. If you have $2M I think you did good.

[Marshall Tucker]

^ in your 4m/2m numbers/math; are you thinking per person, or a married couple?

[AdironRider]

So it’s a hobby not an investment.

You are the one insisting on investment. My original post says its a sweet, revenue neutral way to increase the awesomeness of retirement, not take it to the bank.

[The AD]

I think it's astounding to think you'd need $4 million even with no mortgage and college expenses to pay for.

[frorider]

I think it's astounding to think you'd need $4 million even with no mortgage and college expenses to pay for.

Depends where you fall on the hookers n blow index

[El Chupacabra]

I think it's astounding to think you'd need $4 million even with no mortgage and college expenses to pay for.

Agreed. Or you have a very expensive lifestyle that you need to fund.

When I started budgeting / planning a few years ago, I wrote down all my actual annual spending so I could figure out "what's the number" to support that. It came to something like $28K/ year, and there was fat to trim if needed.

[The AD]

Difficult to cut down on the blow budget, I guess.