Challenging the Concept of Retirement

Property Management — By Shopping Blogs on November 15, 2008 9:40 am

Tom’s managerial career had spanned thirty five years with various companies. At just about every job he held, he would rise to upper management within the first year of employment. At one time he managed a nationwide chain of over one hundred and twenty auto parts stores. Back then he was making all kinds of money, and he and his wife and kids were living well. That was before the divorce, of course, when the boys were still children, rather than parents themselves.

After retirement, Tom didn’t want to slow down. He found himself bored most of the time, and the last thing he wanted was to sit around and watch television. After thinking long and hard about the idea, Tom decided that he wanted to begin buying up properties and leasing them out. He had been a great manager of employees. How could real estate management be too much for him to handle?

Tom sold off some of his stocks, successfully, and in turn purchased several homes that were relatively inexpensive. They needed a little work, but between Tom and his sons, who had offered to help, he knew that they could make the upgrades and the necessary repairs. It took about six months of work before the homes were ready to be rented. The process of remodeling had brought him and his boys back together on many occasions. Tom was enjoying the hard work, spending time with his sons and the feeling of being in control of his own life, a feeling that his new position as business owner was instilling in him. Not only that, but he was proud to have created something that he could pass on to his children someday. Real estate management was turning out to be the best career choice that Tom had ever made.

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