My Actifit Report Card: December 6 2021
It was a bit rainy today so I just went on short walks and stuck around the house. Doggie is happy with the usual stuff but I'm wanting to get out on the disc golf course again. It's just a little too cold and drizzly to be much fun.
Some of the passes have travel advisories so I think the mountains are getting snow. I'm not sure if it will be advisable to head back to Colorado this winter but we shall see.
I'm thinking about closing down my business and going into full retired status. Over the years I have managed to get enough in my retirement accounts to be alright. With that said taxes keep going up and who knows what will happen with the economy.
I'm just having a lot of issues trying to figure out how to do the accounting correctly and I don't really make enough to hire someone else to do it. Honestly it has been a bit of a struggle and with the change in the tax laws coming up with crypto... Best to just retire I suppose and wait it out to see what happens.
My plan now is to just play disc golf, write, take photos and post. Basically what I'm doing now.
Another view of the recent flooding on the disc golf course:
Tee pad fourteen is somewhere under the pond.
Thanks for reading! I always value your support and comments. The pictures were taken by me with my Galaxy S9+. Text and graphics copyright lightsplasher & litesplasher.
This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io
I think retiring is better than facing complications. Of course, you can say your best. We have been getting a lot of rain here for the last few days due to the cyclone.
Retiring sounds good.
Most of my life, I thought it would be the day I turned 65 ! Our politicians fiddle with the social security though and I won't get my full benefit till I'm 66 1/2. I do have a little retirement money put back, but not really enough I don't think, so I really need that full benefit. If they had left it alone, I would not be working full time but another month. As it is, unless something else changes, I will be working another year and a half. I do admit it is nice having lots of extra money and I do have that while I am working, but still, I would like to have some time I didn't have to work before I croak. LOL.....
I have a lot to be thankful for and that I am now working from home, so it is not as terrible as it could have been.
Hope you work it out and are able to enjoy it nicely. Nothing says you can't go back to work if you don't like how it works out... right ?
I'm not old enough yet to get social security but at least I can withdraw from IRA's without getting penalized extensively. I'm hoping that it will last for long enough but I'm really not sure.
I think that things will change for the better but right now I'm very concerned with the new tax regulations that were just signed into law.
Are you saying they want to tax crypto? If so, in a nutshell, what would that mean?
It has always been taxed although difficult to account for correctly imho. (I guess I'm getting too old and slow, lol.)
It's this article that really got me concerned about it:
https://cointelegraph.com/news/things-to-know-and-fear-about-new-irs-crypto-tax-reporting
In particular this part:
Ah... ok.... I'll have to check that out.
Well...
It's so sad to hear you have to close your business. I hope you will be foind a better way to fix it. Actually it is a hard time for everyone, not only you. But we need to be patient for everything what we have to fight for it. I believe all things gonna be fine in time...
I do hope that you are right. It is very difficult to see what is going to happen even in the near future. The way the regulations are going I'm not sure if it is worthwhile continuing. Perhaps I'm feeling overly concerned at the moment but after reading this article: https://cointelegraph.com/news/things-to-know-and-fear-about-new-irs-crypto-tax-reporting
I'm just not sure how one can comply with these regulations and it seems easier at this point to just disappear like Satoshi Nakamoto, lol.
Hehe...
You shouldn't going to disappear like that guy. And about that articles, their is still opinion, that could be wrong. All we need to do is watching how it's done.
when the retirement time,if can do fix our life it will be success future time.yes,one day we have to move from stress life. need to get freely. If you can take a accountant,I think you can get help from him.
Yes, I might need to get an accountant or something, I'm still not sure exactly how to proceed.
Retirement sweetly! I'm so jealous of you. :) I mean, if I could just retire like you and just enjoy it. 👍👍
I hope you have the success to be able to do what you want to do.
Amen!
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You wrote well and I like the image you provided, thank you for sharing