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Updated over 5 years ago,
Advice is good as gold and im gold poor
Hi my name is Charles Stubblefield and i have been looking into to several ways to be able to retire in about 10 years.
A little about me . I started out in restaurants when i was 14 . My family never had a lot of money so when i started working i said forget school i was going to make money, so i quit school started working full time and spent more time partying and chasing women than worrying about saving money. But as i got older i stayed in the restaurant game and became a GM for a fast food chain and did that for 20 years. I had a pretty good 401 k build up when dummy me went in with a partner and thought it would be a good idea to open a bar.
Well that was the worst experience of my life . Not only was i working at least 50 hrs a week at the restaurant now i was closeing a bar at 2 am and having to get up and go to work the next morning and still losing my *** on the bar . So i had to file bankruptcy to get out of that mess and used all my 401 k to boot.
So now i have been researching on ways i can retire and real estate has my interest. I dont have hardly any cash but unfortunately my mother passed away back in may leaving me and my sister her house . So i have some fixing up to do on it and it will be ready to either sell or rent . All so my house will be payed completely off in about 5 years so i all so have that . So now im just trying to figure out my plans of action and what check list i need to be working on to get everything going. I am sorry for such a long post but i wanted anyone that was interested to sort of know my back story.
Thank everyone that reads this and replies back to me.