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How many have an exit/retirement plan?

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    How many have an exit/retirement plan?

    How many have a plan? How many intend to die with their boots on?
    I have always had a plan....just not that good at following it!
    I am really not enjoying this year all that much. It seems like winter gets tougher every year.
    I'm down to 54 cows now. Three years ago I had 150.

    #2
    Maybe it's time to get some sheep?

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      #3
      I think sheep would be stress full to have in the summer...you would need your fences to be like "alcatraz" or just have them in the corrals all year long?...just my two cents. We have a plan in our operation but seem to fall off the wagon lots...

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        #4
        Allfarmer: Don't even go there!

        One time I bought this old ewe at the auction mart for like $10. She was obviously pregnant and I thought the kids would have lots of fun with a little lamb.
        She had triplets....and promptly died!
        So I had these three little bums on the bottle!
        Eventually the coyotes got two of them, big trauma! (and we had to have funerals!), and the last one eventually rolled over and died at about three years old!
        You couldn't keep that damned sheep in anything....she could crawl out of a federal prison!
        Of course when she croaked there was another big trauma that poor "Lucy" had kicked the bucket!
        ......only one person was smiling! LOL
        ....that was the end of the sheep business for me.

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          #5
          It would be interesting to know how long it would take without giving it all to the government? Most seem to figure a good 5-8 years as you chop up the cowherd/equipment/land.

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            #6
            My father in law's strategy was that he quit keeping replacements, and quit buying equipment. His cow herd petered out over about 10 years. As the equipment wore out, we bought the replacements. We replaced the cows, too with cows of our own. His tax problems were zero, since he spread it out so well, and the work load got smaller as he got older.

            We're planning to do something similar, but we're also being flexible about it. I see a lot of people around here are keeping their land, and renting it out as a form of retirement income.

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              #7
              MARY CHRISTMAS HAPPY NEW YEAR
              TO ALL OF YOU!
              FARMING HAS BEEN VERY GOOD TO OUR FAMILY , SO WE ENJOY A VERY NICE RETIREMENT LIVE, WIFE AND I.
              BUT YOU HAVE TO WORK ON WHEN SAVE FOR NICE TIME TO COME, TO MANY BITCH AND COMPLAIN ABOUT OUR GOOD COUNTRY ONE OF THE BETTER FOR FARMING IN THE WORLD .!!!! LOVE ALL NICE COMMENT ON aGRIVILLE

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