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Advice on farm future??
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Boone & Crockett
Posted 5/6/2025 07:33 (#11215508 - in reply to #11214962)
Subject: RE: Advice on farm future??


Jdel - 5/5/2025 17:35

Any chance you can start buying out any of those cousins?
Begs the question, Why? He’s ten years from retirement, no kids involved. It will take the rest of his life to get it paid for. The payments would bleed him dry during retirement. Should be relying on INcome, not OUTgo during retirement. Fund your 401k to the max over the next ten years. Your ten years from retirement, poor time for expansion plans at this juncture. Focus on two things, pay down debt, increase retirement account. Not the opposite.
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