tag:blogger.com,1999:blog-27951078.post8642834466489788902..comments2024-02-02T05:45:33.724-06:00Comments on Incoming: John Phippshttp://www.blogger.com/profile/03245790061133614986noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-27951078.post-49482006231310539012010-02-18T12:36:57.619-06:002010-02-18T12:36:57.619-06:00I just retired from farming, I am 56. My son and I...I just retired from farming, I am 56. My son and I started a plan 10 years ago, he is 36. Now he and his family are free too make their decisions good or bad. The greatest gift my dad gave me was turning it over to me and retiring at about the same ages as my son and I are now. Sometimes I wonder if the guy's that keep on are just plain old greedy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27951078.post-3406545496317694042010-02-18T07:53:31.259-06:002010-02-18T07:53:31.259-06:00John good thoughts. Those of us in our late thirti...John good thoughts. Those of us in our late thirties thinking that buying more ground now will put us in debt till we are 60. But waiting five years pushes this bacvk to an age we may not be comfortable with. However with boomers not retiring we can see that it well could take another five years before a lot of opportunity again arises. I see a lot of guys who started in the late 70's who are sitting there with quite a bit of equity and really on easy street and when they talk to thier off farm cousins they see they are much better off than the mom and pop commercial business who they used to eye with envy. Maybe they are better off just paying a son a very handsom wage which couldn't be offerd off the farm and keeping control. The Problem of off farm heirs just waiting for the big pay day. When that happens some of us will be waitng with pent up shadow demand for farm ground. The real benefit will be to the guy an gal who left the fsrm and then waited for the pay day. Us poor shlubs who came back may never be outa debt! ( especially those of us who milk cows). JRAnonymousnoreply@blogger.com