Taking Equity out of Home to Go on Guided Hunts

[Bigred323]

Post up some pics of your hunt!

 

[wildwilderness]

Seems as if Bill Perkins thought this through pretty carefully and came up with a good plan. But what happens if your plan falls through and you hit zero long before you die?

Based on your comment it doesn’t seem like you read the book?

It addresses your exact question (fear).

(It probably doesn’t apply to low income earners that well, but realistically they aren’t considering a Grand Slam of sheep anyway)

 

[SDHNTR]

The Die With Zero notion is fine IF you have a plan and know exactly what your annual spending allowance is, with a very safe assumption of life expectancy. The fault of that notion, however, lies in the fact that very few people have actually formalized a financial plan and know these numbers. Instead, they wing it.

 

[BCDJR]

Even if you raise the money there is no guarantee you will kill a sheep on those four hunts. Think about that!

 

[keller]

So many negative comments. Let the man live his dream. And let the ney sayer wish he would have. Nothing in this life is promised

 

[SDHNTR]

So many negative comments. Let the man live his dream. And let the ney sayer wish he would have. Nothing in this life is promised

Just a hypothetical question… I’m not saying this applies to the OP.

With your mentality as stated here, are you OK with paying additional taxes to support additional Gov entitlement programs? Hey, as long as the guy enjoyed life, right? Who cares if he spent down all those assets and is now on Medicaid, bet it was a fun ride!

Because, if you’re paying attention, that is the reality we are faced with now as 10,000+ Boomers retire every day. Most without enough savings. The rest of us will have to pay for it.

Not ripping on the OP, but this general sentiment has society in trouble.

 

[Loco4dux]

OP should start a new thread just for the hunts so we can follow along without all this financial BS comments.

 

[cbeard64]

OP should start a new thread just for the hunts so we can follow along without all this financial BS comments.

And now (as always these days) politics has entered the chat.

 

[schmalzy]

Just a hypothetical question… I’m not saying this applies to the OP.

With your mentality as stated here, are you OK with paying additional taxes to support additional Gov entitlement programs? Hey, as long as the guy enjoyed life, right? Who cares if he spent down all those assets and is now on Medicaid, bet it was a fun ride!

Because, if you’re paying attention, that is the reality we are faced with now as 10,000+ Boomers retire every day. Most without enough savings. The rest of us will have to pay for it.

Not ripping on the OP, but this general sentiment has society in trouble.

I realize you said this doesn’t apply to the OP, but can you or anyone on Rokslide point to a real life scenario or instance where you personally know someone that is now dependent on government assistance due to financing a hunt utilizing equity they had in a paid off 7 figure asset?

The general sentiment that has society in trouble is making polarizing assumptions about other people.


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