PoBoy's Retirement Program -- its beginnings

PoBoy has put in a lot of work and life's blood into his

retirement. It began just four years ago when he woke at age

62 to discover he had no retirement plan whatsoever. From

that time, PoBoy has tried to piece together a piecemeal sort

of retirement package.

It began with a dream. He dreamed he'd move to Florida to

live out the remainder of his years. But how could he

accomplish such an idea in four years.

Reflection of his past life was instrumental in formulating a

program that he could accomplish and that would work for him.

He was raised in Florida by a divorced mother who although

not destitute was only a stepping stone above that level.

There were three of them: PoBoy, his mother and his sister.

His mother worked as a secretary on the Atlantic Ocean side

of Florida. She worked along a busy route A1A -- called the

strip. People with money, like Ed Sullivan, and many others

of his caliber owned condo's along the strip. Some like Ed

Sullivan owned the top floor of a hotel.

After divorcing her second husband, PoBoy's mother vowed

never to marry again until her children had grown and left

the nest. The nest she referred to was an 8 x 28 trailer

(mobile homes they were called in those days). The trailer

had one bedroom, kitchen and living room. There was no

bathroom except that provided by the park community.

At seven years old, PoBoy's mother found him a job washing

dishes (and other odds and ends) at the restaurant that stood

at the corner of the trailer park. PoBoy's mother needed his

assistance in earning dollars and that he did. He washed

dishes from the time he came home from school until the

restaurant closed at nine. (Five hours a day of worktime he

put in religiously each week). Weekends found PoBoy working

ten hours Saturday and Sunday. He was full-time and didn't

even know it.

Meantime, his mother attended school. She acquired her

secretarial degree which helped to insure her of a full-time

position.

Ton's more of hard times for the PoBoy came into being but as

PoBoy remembered the "8 x 28 foot trailer" stuck in his mind.

If PoBoy's mother could raise two children in a trailer

without air conditioning, PoBoy could sustain himself in the

same manner in retirement. The plan was born.