Whats your idea of retirement?

No need for a job mate. I am starting a dairy farm with 50 cows. With conservative estimates, there is a monthly margin of around 3L a month just by selling the milk in nearby towns.

I second that profit will be 3 Lakh easily as my father is doing same business...
Profit Will be less in summer when milk production will be less compare to other season...
 
@OP:

Couple of days back I was discussing the same with a friend. I want to earn enough so that I can actually start spending at 45 without holding back. No work all play after 45. Would like to save as much as I can by that time. I am 34 and done with the house. Don't have big wishes like a mansion or a Ferrari.

A decent enough german car with a vacation every six months or so is all I desire as of now when I am 45.

But what about living THE life in the 20's & 30's . Sure doing it in 40's is not bad but 10 years down the line, it aint going to be what it will be if done now ;)

From all my little experience travelling around and meeting people from various parts of the world, there is a common belief that doing retirement sort of thing while young is the way to go.
Doing it after 40, 50 or 60 is not going to give pleasure but more pain physically & emotionally to have done it younger.

Sure making tons of money now, working long hours n saving up for later stages of life is what is done by most but riding a pimped out vehicle or climbing a mountain or partying in Ibiza sure doesnt appeal great visually in later stages of life if we get to live that long too :D
 
^I've seen a 80+ guy running for 10k. for the record, I cant even run a 1k at this point in life. but yeah, waiting till you get old has a lot of uncertainity attached to it. in my opinion, for many people attaching uncertainity to a dream is a way of killing and burying it without feeling bad.
 
I second that profit will be 3 Lakh easily as my father is doing same business...
Profit Will be less in summer when milk production will be less compare to other season...

I hope so. Also we have very mild summers there. Max temp during day in peak summers is just around 30°C. So shouldn't see a major drop even during summers.
 
@rdst_1 you have a plan mate !! Best of Luck for that. I was fascinated about animal husbandry when I saw the How its Made video on Milk.. Damn that was some automation !!

Oh and on the retirement part, I dint wanna retire. I will go into depression if I do so. I wanna open a car detailing shop once I am done with corporate things.. I wanna help bring cars back to glory if their owners wish to do so !!
 
i plan to retire only by death :)

just wish god takes me soon @50~~

@rdst_1 , you should forget about dairy/ farmhouse bizz, if you don't have any experience.

Loads of cost is involved in it, but one thing is that you would get much more enjoyment rather than profit, this is the reason i spend my weekend only ion farmhouse :D

as of now cost of 1 cow/ (high breeed) is 1 lac ~~~, then imagine its cost in future :P

then weekly doctor visit, monthly vaccination, daily high nutrient rich diet, air conditioned/ coolered living place, ample amount of water to bath and play , unavoidable disease, other animal attack .........

Goat biz is what you should look at, reap similiar benefits with less work
 
Blackjack and hookers.
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i plan to retire only by death :)

just wish god takes me soon @50~~

@rdst_1 , you should forget about dairy/ farmhouse bizz, if you don't have any experience.

Loads of cost is involved in it, but one thing is that you would get much more enjoyment rather than profit, this is the reason i spend my weekend only ion farmhouse :D

as of now cost of 1 cow/ (high breeed) is 1 lac ~~~, then imagine its cost in future :P

then weekly doctor visit, monthly vaccination, daily high nutrient rich diet, air conditioned/ coolered living place, ample amount of water to bath and play , unavoidable disease, other animal attack .........

Goat biz is what you should look at, reap similiar benefits with less work

Thanks for the advice mate, but I am not going into this unprepared. I will be shortly undergoing training at NDRI, Karnal.
My setup will be in Himachal, so no need of AC etc. According to my research, climate at my place is very similar to where these exotic breeds come from. Water is also not an issue and electricity is also among the cheapest in India. Also if I do go for it, I will be setting up a milk processing plant along with it as well and not just a dairy farm where people generally sell to big companies. Selling off the milk after taking the fat out and using that fat to form other products is how these companies earn and I am not inclined to let anyone else earn that way, if I can do that myself, especially since I will be handling the more difficult part i.e. dairy farming.
And you did hit the nail on the head when you said that I will get more enjoyment out of it. That is my prime motive which gravitated my interest in dairy farming. I am no more interested in living in cities, especially in India. The only two options for me were either go abroad or come up with a business in which I can earn enough to live comfortably in my village and this is what I decided.
You do have a point and even my father's certain friends from the industry are advising him against it, but I have read enough to know, that if done properly and with the use of latest technology, there is money to be earned. This is however not a job for someone who wants to sit in an AC office, as I was politely reminded by the Business Development Manager at Technology and Business Incubation Centre, NDRI and requires a hands-on approach for around 12 hrs. daily and that's what differentiates a successful operation from a failed one.
 
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@rdst_1 , bro loved your concept, please do invite me after your setup is done, so that i can tour himachal, and might chori your idea and implement here :) :)

any idea when it will kick off ?
 
@rdst_1 You bro are making your dream a reality. Also will milk production give u any subsidies with anything ??
I also want to live on a farm away from the daily crap and everything... but life...... :(
 
@rdst_1

My dad have this idea. Only now though.

He was a stock trader. Now retired. He comes from a big family who raised tonnes of animals. Even now we have 1 elephant in our family. We used to have 2.
Right now he is raising pedigree dogs. And he wants to go into a big dairy farm.

Issues are land and climate. Since we are from Kerala land comes at a premium. and he doesn't want to exactly go to our native. he wants this in city outskirts.
And the climate. This is the biggest issue after land. Summer is hard for diary farm in Kerala. At least for medium scale operation which we are hoping to.
And you know, in kerala there are few monopolies. And since we have some experience in animal breeding, don't discount the medical care.
Once you get attached to the animals you do anything for them. We use to have one Rottweiler, Julie. She got some stomach disease and died. the last 2 months
we were spending nearly 7000 to 8000 per week for her special food, medicines, doctor visit. The vet said she was going to die in like 3 weeks after it started. Dad didn't give up.
Mom was yelling at him ofcourse. And yea, that year our returns was very low due to that.

And dont think they are cows and its going to be ok. These things you need to be hands on, which you already said you going to be. You will get attached. :D

My dad used to talk to our hens and turkey's. I thought it was weird. But the birds used to acknowledge him too. It was a thing to see.
 
I think people tend to be more idealistic (not talking about rdst_1) when talking about retirement. We will move to a hill or to a town etc. Most of us will struggle a lot doing that considering the environment we have been in.

I belong to a small town and have quite a lot of inherited property there but.....the power situation is absolutely terrible, things which you take for granted (internet, autos if your car is in the garage etc) are difficult to come by. Makes me wonder whether I will ever go back.
 
@rdst_1

My dad have this idea. Only now though.

He was a stock trader. Now retired. He comes from a big family who raised tonnes of animals. Even now we have 1 elephant in our family. We used to have 2.
Right now he is raising pedigree dogs. And he wants to go into a big dairy farm.

Issues are land and climate. Since we are from Kerala land comes at a premium. and he doesn't want to exactly go to our native. he wants this in city outskirts.
And the climate. This is the biggest issue after land. Summer is hard for diary farm in Kerala. At least for medium scale operation which we are hoping to.
And you know, in kerala there are few monopolies. And since we have some experience in animal breeding, don't discount the medical care.
Once you get attached to the animals you do anything for them. We use to have one Rottweiler, Julie. She got some stomach disease and died. the last 2 months
we were spending nearly 7000 to 8000 per week for her special food, medicines, doctor visit. The vet said she was going to die in like 3 weeks after it started. Dad didn't give up.
Mom was yelling at him ofcourse. And yea, that year our returns was very low due to that.

And dont think they are cows and its going to be ok. These things you need to be hands on, which you already said you going to be. You will get attached. :D

My dad used to talk to our hens and turkey's. I thought it was weird. But the birds used to acknowledge him too. It was a thing to see.

I totally get what you are saying man. Thankfully, the climate at our place is perfect for these exotic breeds. In fact after my research, I can say that Himachal is perfect for a cow based dairy farm. Also just close to my place, we have the National Institute of Research in Veterinary Sciences, so govt doctors and support should be slightly cheaper and subsidized (I hope). The only thing holding back HP from being successful in milk production is small land holdings, lack of spaces for green fodder and most importantly, educated youth leaving for cities for a job, which I totally get btw. Thankfully technology has come of age and one can grow as much green fodder in a 15x15 feet room as would grow in 1 hectare of land. I will be using a DIY version of this system that companies sell from 7-12 L. Have seen enough people do it on their own successfully, including students from IIT-KGP. Also planning a tour of the Israel Dairy Industry as well. They are the pioneers of technology advancements in the dairy industry. One of their latest innovations is use of a fitness tracker like device to find when a cow is in heat.[emoji24]
As for getting attached to them, I totally hear you man. My grandfather bought a few chicks thinking he will grow them and then use them for personal consumption. Guess what, they grew and died of old age because he could never get himself to ever hurting them. He did get to enjoy desi eggs though. And cows, especially the Indian Zebu cattle are known to be extremely intelligent animals. I have been reading a lot about ethical dairy farming and am definitely gonna try to be more of a human being than a businessman.
 
I think people tend to be more idealistic (not talking about rdst_1) when talking about retirement. We will move to a hill or to a town etc. Most of us will struggle a lot doing that considering the environment we have been in.

I belong to a small town and have quite a lot of inherited property there but.....the power situation is absolutely terrible, things which you take for granted (internet, autos if your car is in the garage etc) are difficult to come by. Makes me wonder whether I will ever go back.

I agree 100% man. Living in Chandigarh, I can't stand even small 1 hour electricity cuts. My decision was a made a little easier though, because it being HP, our village boasts of even fewer electricity cuts than Chandigarh. Internet is also something I can't think of living without but I think we get basic internet connectivity over there. Will just have to stop downloading. Nothing a trip to Chandigarh once every month to get my HDDs filled can't take care of. Unluckily, not many people have this option as even after nearly 70 years of Independence, our villages still get step-motherly treatment from the forces in power.
 
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