Well, I assume you are accumulating a nice retirement fund. And honestly, when you get old enough, you might find that you have run out of things you lust for to buy. So pulling in a lot less money won't be so bad. As long as everything you own is already paid for, there really isn't all that much pressure on the financial situation.
In any event, that seems to be how it has worked out for Connie and myself. Fortunate too, because with her cancer and my heart attack hitting all at once, medical bills are coming in. Fortunately we are with CHP/Medicare, otherwise those bills would be REALLY ugly. Between the two of us, pre-insurance adjustments, it would be over half a million bucks right now. :ack2:
We are putting about 12% of our income into a 401K at the moment. Of course with Joe running the ship that's been quite the roller coaster. More downhill losses than uphill gains it seems.
But the priority at the moment is getting renovations done to the house and property and then getting it paid off. I wish we could have been doing this 10 years ago but then the money wasn't this good back then, so we're just thankful this happened at all really.
And yeah, medical insurance has always been stupid high and getting worse by the day. Fortunately for most of the time I had the family covered through employers and it was very reasonable when I was law enforcement officer. I think the most I paid for the whole family was $194.00 a month and it was CHP so no 80/20 residual payments owed.
Now I'm on Medicare so $170.00 a month for me and it's a PPO which I understand is much like CHP so that's good. The company we work for covers my wife for a reasonable amount, she's got another 5 years before she's eligible for Medicare.
So as long as we can stay healthy and do what we do we don't mind working this job. A truckers dream really. We can't tell our associates about this dedicated route because they would all probably hate us or go whining to the bosses. I've seen some of their post and they are a self centered, vicious bunch. The truth is, you couldn't apply for a route like this. It is simply a pharmaceutical company that requested a truck and team dedicated to a custom route of their choosing. Truth be told, they're probably paying $20K a week or more for our services to justify what we are getting paid. We're pretty much making the same money as we were running 6000 miles a 7 day week, we're just running about a third of the mileage, so it's a win for the company too. Less miles equals less fuel, less wear and tear, less maintenance on the truck and a lot more time at home for us! And the manager that put this route together told us that if we keep the client happy we can probably keep the route for the next 10 years!
And somehow this is more economically feasible for the company who pays for this! It's no wonder prescriptions are so high. We have hauled one container. literally the size of a shoe box, from California to Canada (by itself, nothing else on this 53 foot trailer) that was valued at $700,000 dollars!
We don't always get the dollar amount on our invoices but quite often we do. I know of two instances that we had $4-$5 million dollars worth of something on 4 or 5 pallets and we have been told that that was a small number in comparison to some other loads we've hauled. Very high security. Trackers on everything. And we are armed, although that's just a bonus that the company is grateful for, since I'm a retired LEO I can carry in all 50 states. The drugs that we carry have no street value though, we don't carry anything that would get you high, plus everything we move is temperature critical. If it wasn't maintained at a certain temp it would be useless. But that's why we make the big bucks I guess!
And yeah, having this kind of income I can afford many things that I couldn't before. And I don't need any more guns. But honestly, I look at some things now that I may have wanted in the past, but I don't really have the desire for anymore. At some point I'm going to do some upgrades to the CTS V, probably rebuild the engine (got 209K miles on it now) new paint. It would be nice to take it to car shows again. But while I once thought about doing like you did on your C5, I know it's not going to be the fastest car out there and honestly, I don't think I want to go 140+ mph anymore! It would be nice.....but it's just not necessary anymore. And besides, that's retirement money now.