Stocking Up On Gun Stuff Before Retirement.

[katonahjohn]

My philosophy has always been "If its worth doing, its worth over doing." I still have 3,600 rounds of Wolf steel 7.62X39 and 3,200 rounds of Blazer Brass 9mm that I bought when Hillary was going to be president. I'm 74 with no grandchildren. I look at my stash and think about putting 'for sale' ads in the local gun club newsletter. Only have ten guns so a call to my LGS would move them along at a fair price.

 

[CountryGent]

Are you having an attack of lunacy here or something? We're talking about our friend @arakboss here.

Well, I've never denied having the occasion moment of silliness.

 

[arakboss]

I'm not familiar with anything like that under the current tax code. There are those for education savings (e.g., 529s), kiddos (e.g., UTMAs), retirement years (e.g., IRAs, 401k/403b/457b, et al.), etc., but nothing specific to firearms or a hobby. Perhaps an attorney could draft up a trust or some such, but it would take some time and investment.

Wouldn't self-discipline just be the easiest route? Make a budget / plan, stick to it, and done.

"Wouldn't self-discipline just be the easiest route? Make a budget / plan, stick to it, and done."

Yes it would. My plan is to spend at least $500 on firearm related stuff every month until I retire. I will put $50 a month into my Roth for when I cave to the wife's desires to go somewhere I don't want to go or buy something I don't want to buy.

It's going to be tough sticking to it but I will do my best.

 

[Bobbygun]

My plan is to spend at least $500 on firearm related stuff every month until I retire.

MY MAN! Now that's how you budget right there!

I always thought you put a cap on spending for a budget, not a floor. I like your math better.

 

[arakboss]

MY MAN! Now that's how you budget right there!

I always thought you put a cap on spending for a budget, not a floor. I like your math better.

And when I said it will be tough sticking to this plan, I was referring to the $50 a month IRA contribution. Spending the $500+ will be a breeze.

 

[arakboss]

I'm not familiar with anything like that under the current tax code. There are those for education savings (e.g., 529s), kiddos (e.g., UTMAs), retirement years (e.g., IRAs, 401k/403b/457b, et al.), etc., but nothing specific to firearms or a hobby. Perhaps an attorney could draft up a trust or some such, but it would take some time and investment.

Wouldn't self-discipline just be the easiest route? Make a budget / plan, stick to it, and done.

A more complicated option for those with more patience than I, is to make contributions to a Roth. That will allow for a chance of investment gains. Then a year or two before retirement, yank out all the contributions you made and buy all the firearm stuff you can afford.

Then you can use the investment gains to go places you don't want to go and buy things you don't want to buy.

 

[arakboss]

"Wouldn't self-discipline just be the easiest route? Make a budget / plan, stick to it, and done."

Yes it would. My plan is to spend at least $500 on firearm related stuff every month until I retire. I will put $50 a month into my Roth for when I cave to the wife's desires to go somewhere I don't want to go or buy something I don't want to buy.

It's going to be tough sticking to it but I will do my best.

Back of the napkin math says that if I retired at 62, I would have 84 months to stock up. If I spent $500 a month on stocking up that would be $42000 worth of stuff. That will be one heck of a collection of firearm related stuff.

I might have to start buying more quality over quantity and smaller stuff.

 

[The Heretic]

Back of the napkin math says that if I retired at 62, I would have 84 months to stock up. If I spent $500 a month on stocking up that would be $42000 worth of stuff. That will be one heck of a collection of firearm related stuff.

I might have to start buying more quality over quantity and smaller stuff.

 

[CountryGent]

If I spent $500 a month on stocking up that would be $42000 worth of stuff. That will be one heck of a collection of firearm related stuff.

The question is, will it make you happy.

 

[arakboss]

The question is, will it make you happy.

I hope so.

 

[quneur]

The question is, will it make you happy.

Good question. I suggest arakboss send each and everyone of us $50 to see if money does make one happy.

 

[TTSX]

Good question. I suggest arakboss send each and everyone of us $50 to see if money does make one happy.

I'd be happy with that

 

[arakboss]

Good question. I suggest arakboss send each and everyone of us $50 to see if money does make one happy.

I don't think having lots of money would make me happy. It's what I get in exchange for the money that makes me happy.

 

[1911Fanatic]

Some people stock up on firearm stuff ahead of firearm restrictions.

Some people stock up on firearms stuff for SHTF or crisis scenarios.

Is or has anybody here stocked up on firearm stuff ahead of retirement?

Well, I am already retired, but I am trying to stock up on things like mags ahead of the restrictions and get a few more guns before permit to purchase happens.

Mostly I have been stocking up on Magazines and ammo. I don;t ever want to be so ammo poor as I was during the CRUD. I just placed a 700 dollar ammo order yesterday. I got some 9MM 115gr FMJ's with brass cases. They came out to 17 cents a round.

 

[arakboss]

Well, I am already retired, but I am trying to stock up on things like mags ahead of the restrictions and get a few more guns before permit to purchase happens.

Mostly I have been stocking up on Magazines and ammo. I don;t ever want to be so ammo poor as I was during the CRUD. I just placed a 700 dollar ammo order yesterday. I got some 9MM 115gr FMJ's with brass cases. They came out to 17 cents a round.

Magazines are the priority for me as well. Luckily they don't take up a lot of space.

 

[arakboss]

AI says men peak in their late 20s to early 30s. My collection will peak at retirement and go downhill from there.

 

[arakboss]

Storage space will be a big consideration as I stock up. For now I will focus on smaller items.

Magazines are going to be the main target for now.

I also want enough parts to build out all the stripped pistol frames and AR receivers I currently own.

I want to shoot out (wear out) a factory Savage barrel and replace it with a nicer quality barrel. I want the equipment to do this.

I want a few nice AR barrels like WOA, Criterion, etc.

I would like one or two decent scopes. I would also like a decent spotting scope.

I want a nice set of shooting bags front and rear and some decent bipods. All the bipods I have bought are cheap Amazon Chicom junk.

I want a bunch of upgraded triggers for various pistols and rifles.

More primers and powder will be acquired as I work through existing stock and when crazy good deals come up. I want more of less commonly avaliable brass, like 450BM, 458 SOCOM, 6.5G, 6.5CM, 6.8spc, 44-40, 50 BW, etc.

I want lots more standard velocity 22lr ammo.

Once I become familiar with certain rifles, I may want to upgrade stocks to fancier stocks or chassis. I would get rid of tupperware stocks as I upgraded.

I want a steel framed BP revolver with cartridge conversion cylinder.

I also want a muzzleloader rifle capable of firing smokeless powder loads.

As for 4473 firearms, I think I have enough to keep me busy until I move on to the next life.

$500 a month seems like a lot of money but it goes really quick when you start adding stuff to carts.

My wish list is pretty large and I expect it will take years to fulfill.

 

[The Heretic]

I don't think having lots of money would make me happy. It's what I get in exchange for the money that makes me happy.

True that.

However, if I had enough $ to not have to budget in the fashion I did (e.g., if I could pay off my mortgage, pay off my kid's mortgage, buy the stuff I want - including a better home/property without debt, take the trips I want, be able to support my kids so they did not have to work and still have plenty left over for the future), I would be happier or at least more content.

I have enough such that I don't stress about funds and normal living expenses, but I do have to be reasonably careful with how much I spend.

 

[ktgee]

I agree with arakboss. Spending money does bring me happiness. I have a membership to 2 gyms and a gun club. I've been updating the house, eating good, travelling, getting into other hobbies and activities.

After retirement three years ago, I've been spending a lot of money on my favorite hobby, shooting. I've never had time for it during my working days. I acquired several new guns after joining a local gun club.

I'm a single man and enjoying it. One of my routines is to the range three times per week for an hour. Each time, I'd bring a different gun.

 

[nwslopoke]

I don't think having lots of money would make me happy.

It won't make you sad.

I don't have a lot, but I have a lot more than I used to. I can't complain about having actual savings and less stress over unplanned events.