Kirk
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Yeah, the land, it's north of Springfield, Missouri, and so it's just a rural land. It's just farmland. It does have some water that goes through it. So we're probably going to just sell it, not like to be developed, but just someone who would want the farmland to run cattle or add to their farm or whatever. And so it's not in a county with like a big city, so the value per acre is lower.
Yeah, the land, it's north of Springfield, Missouri, and so it's just a rural land. It's just farmland. It does have some water that goes through it. So we're probably going to just sell it, not like to be developed, but just someone who would want the farmland to run cattle or add to their farm or whatever. And so it's not in a county with like a big city, so the value per acre is lower.
Yeah, the land, it's north of Springfield, Missouri, and so it's just a rural land. It's just farmland. It does have some water that goes through it. So we're probably going to just sell it, not like to be developed, but just someone who would want the farmland to run cattle or add to their farm or whatever. And so it's not in a county with like a big city, so the value per acre is lower.
Maybe it's like $10,000 an acre.
Maybe it's like $10,000 an acre.
Maybe it's like $10,000 an acre.
I'm just going to say I'm 58 years old, so we're going to be retiring here soon. What do you think you guys stand to make on that? On that land? Your cut. I'm thinking maybe $750,000. I'm figuring it's like 150 acres, so if my wife gets 75 acres of it and it's worth $10,000, that's $750,000.
I'm just going to say I'm 58 years old, so we're going to be retiring here soon. What do you think you guys stand to make on that? On that land? Your cut. I'm thinking maybe $750,000. I'm figuring it's like 150 acres, so if my wife gets 75 acres of it and it's worth $10,000, that's $750,000.
I'm just going to say I'm 58 years old, so we're going to be retiring here soon. What do you think you guys stand to make on that? On that land? Your cut. I'm thinking maybe $750,000. I'm figuring it's like 150 acres, so if my wife gets 75 acres of it and it's worth $10,000, that's $750,000.
not in the short term, but definitely through retirement, because like I said, we don't have a whole lot. And so this, this 400 close, close to 500,000 that we already have in a, in mutual funds, we're going to need to buy a house. So we're thinking maybe 250 to $300,000 house.
not in the short term, but definitely through retirement, because like I said, we don't have a whole lot. And so this, this 400 close, close to 500,000 that we already have in a, in mutual funds, we're going to need to buy a house. So we're thinking maybe 250 to $300,000 house.
not in the short term, but definitely through retirement, because like I said, we don't have a whole lot. And so this, this 400 close, close to 500,000 that we already have in a, in mutual funds, we're going to need to buy a house. So we're thinking maybe 250 to $300,000 house.
So that's going to take a big chunk of that and then just live on the rest and put it in a trust and give what we can to our kids. But,
So that's going to take a big chunk of that and then just live on the rest and put it in a trust and give what we can to our kids. But,
So that's going to take a big chunk of that and then just live on the rest and put it in a trust and give what we can to our kids. But,
Is it just sitting? Not really. And her brother lives down there. And so like fixing some fence, we actually lease it to a guy. We don't really make a whole lot on it. He just runs some cattle on it. So there is some upkeep on the land somewhat. I don't know. What would you do?
Is it just sitting? Not really. And her brother lives down there. And so like fixing some fence, we actually lease it to a guy. We don't really make a whole lot on it. He just runs some cattle on it. So there is some upkeep on the land somewhat. I don't know. What would you do?
Is it just sitting? Not really. And her brother lives down there. And so like fixing some fence, we actually lease it to a guy. We don't really make a whole lot on it. He just runs some cattle on it. So there is some upkeep on the land somewhat. I don't know. What would you do?
I'll be 59 in February. I mean, I want to retire whenever I can. But, yeah, so I'm figuring, you know, 60, 67, 68, something like that to retire.
I'll be 59 in February. I mean, I want to retire whenever I can. But, yeah, so I'm figuring, you know, 60, 67, 68, something like that to retire.