Kathy Gloeckler

Comments:

• Hello again Ken. Thanks for asking---me and my family are doing great and enjoying retirement immensely! One of my good friends at PE once told me a line that I'll never forget: "Money doesn't buy you happiness--it gives your options and plenty of opportunities that you may not get if you don't save aggressively and invest". He was able to take advantage of one of the first retirement packages offered. Since I (and my wife) was always thrifty, saver, and do it yourselfer, that made me even more hopeful that if the day ever arrived when I could take advantage of an early retirement, I'd be ready. It did come in 2000, and at age 51, I jumped at the opportunity, and have been living my 'dream life' ever since. Hope you are doing well also! I really enjoy reading about all your experiences, and you got me thinking about trying out a bed and breakfast vacation. I'm very thankful that Jonathan Clements created the Humble Dollar website, after really enjoying his articles in the WSJ for many ears prior. In addition, all the contributors of articles from different people all over the country are excellent with very constructive and helpful comments! Enjoy the rest of the summer!

  Post: Requiem for a CEO by Ken Cutler

  Link to comment from August 24, 2024

• Hi Ken! Fred Gloeckler here. I totally concur with all your comments on Joe Paquette! He was honest, genuine, sincere, empathetic, and, unlike many of today's executives, got 'down into the trenches' and listened to workers thoughts and concerns. Excellent summary!

  Post: Requiem for a CEO by Ken Cutler

  Link to comment from August 24, 2024

• That's why we drive our Ford Expedition. It's a 6,000 lb tank, and if we get hit in an accident, we'll be shaken up a bit, but able to walk away. Like you said--it's cheap life insurance. We'll pay $300+ more in gas each year, but it's worth it!!

  Post: Turning on a Dime

  Link to comment from August 10, 2024

• I continue to drive our 12+ year old Ford Expedition. It's a 6,000 pound tank, and it's got all the safety features (air bags), ABS, 4WD, etc. that we need. Because of its size and weight, it's a very safe vehicle. As a retired mechanical engineer, I know that momentum (mass x weight) means a lot in a front, side, or rear end accidents. The oil and filter get changed every 6 months, even though we drive less than 5,000 miles per year, and the engine & transmission are in great condition. If we're ever in an accident, I want a strong structure around us for protection. We have no intention of replacing this vehicle. I continue to read and hear about all the (expensive to repair) problems people are having with today's newer vehicles. We have a great radio, CD player (try to find that in new vehicles today), heat, and great A/C -it's all we need!

  Post: Connor suffers from new car envy

  Link to comment from July 30, 2024