I am trying to decide if I should stay at the post office or do my lawn business full-time. I was also offered a school bus driver position ($18,000 a year for 20 hrs. work each week) that offers full health care. I can cut during the day when I am not driving the school bus. How much should I make to maintain the same standard if I leave the post office?
I am 38 yrs. old, make $60,000 a year at the post office, and must work until I am at least 62 yrs. old. When I retire, I will get 1% for each year from the post office, money I invested into thrift savings and social security.
If I decide to go with the lawn business I will make $18,000 a year as a bus driver and $80,000 from my lawn service by myself. Most likely I will always have someone helping me.
I have also heard when you are self-employed, you can also get a break from certain expenses like workers comp. for example. I believe my employer and I have to pay 7.5% each for workers comp.
Thanks
I am 38 yrs. old, make $60,000 a year at the post office, and must work until I am at least 62 yrs. old. When I retire, I will get 1% for each year from the post office, money I invested into thrift savings and social security.
If I decide to go with the lawn business I will make $18,000 a year as a bus driver and $80,000 from my lawn service by myself. Most likely I will always have someone helping me.
I have also heard when you are self-employed, you can also get a break from certain expenses like workers comp. for example. I believe my employer and I have to pay 7.5% each for workers comp.
Thanks