Investment diligence over nearly 35 years has Trucker of the Month on path to profitable retirement

Overdrive Radio

In this week's Overdrive Radio podcast edition we’ll hear more of our talk with August Trucker of the Month Alan Kitzhaber, and a good bit about one particular subject near and dear to the 4-million-mile owner of a 1995 Kenworth T600 he's piloted since it was new. "I've been very religious about investing my money instead of spending it, and it's put me in a position where I can feel comfortable retiring." --Oakridge Transport owner-operator Alan Kitzhaber: https://www.overdriveonline.com/trucker-of-the-year/article/15681362/meticulous-maintenance-efficiency-trucker-of-the-month Part 1 of this two-part podcast: https://www.overdriveonline.com/trucker-of-the-year/podcast/15679534/4-million-miles-in-a-kw-t600-trucker-of-the-month-alan-kitzhaber His long-term retirement investment strategy, suffice it to say, has owner-operator Kitzhaber well-positioned for an exit, making good on his view of his truck and the trucking business itself. As he notes in today's podcast, trucking's always been a vehicle, a tool to "get me somewhere else," he said. "I want to generate profit from it." After squandering retirement savings from his work in the 1980s, mostly in his 20s, running a Radio Shack store, he's managed multiple qualified retirement accounts and other investments soundly. Nearing the end of a nearly 35-year run of consistently putting aside 15%-20% of his income, he’s nearly gotten to that "somewhere else," where he truly wants to go -- that’s retirement, setting out on a variety of projects, including building a house on his property in Eau Claire, Wisconsin; pursuit of photography and videography hobbies; taxidermy; and more. As some of you heard in the podcast last week, Kitzhaber achieved a significant milestone in May this year -- he’s passed 4 million miles behind the wheel of a Cat-powered truck, his 1995 Oakridge Transport Kenworth T600, pulling since 2010 for a single shipper. As is sometimes the case in the profiles we write of our Trucker of the Year contenders, that shipper, the Midwest home-improvement chain Menards, headquartered nearby to Kitzhaber in Eau Claire, was a little slow to get back to us fully. Yet respond the company did, with a bit of a tribute to their long-running partner in Kitzhaber you can hear in this week's edition, too. **You can enter your own owner-operator business -- or that of another deserving owner -- in Overdrive's Trucker of the Year program, sponsored by Bostrom Seating, via this link: https://overdriveonline.com/TopTrucker Entries to the 2024 program are open through September.