No. of Recommendations: 3
Gingko100: <<It just takes some hustle, and it takes being really really organized. Anyone can do it - it isn't rocket science.>>

I agree. It further takes a little moxie and a lot of confidence in your abiities and yourself. I was downsized out of a large international corporation. Fortunately, through the years, I had built up a large network of potential clients, including competing companies. When, after losing my position (I was bought out), I started my own company immediately, and my first client was the company which downsized me. Yes, during the recession, I was not was rolling in "dough", but like you, I had a nestegg (along with SS) to carry me through. Now, business has picked up considerably, but I am ready for a downturn, if and when it occurs. I LOVE what I do.

Like you, I have a SEP, and am saving 25% of my pay (SubS Corp). Since I work parttime, due to my desire to travel and goofoff, I bring in about 25% of my original salary in 1999. But, I am comfortable, my company pays my Medigap, I have LTC insurance.

Donna (very grateful)
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.