I am wondering if a few occupation descriptions are sufficient or should be expanded on (all CTR’s “on own behalf”):
- Manager
- Investor
- Salesperson
- Retired Business Owner
- Assembly Man
The guidelines for occupation or type of business state “Record the occupation, profession, or type of business of the individual or entity recorded in Part I. Use specific descriptions such as doctor, carpenter, attorney, used car dealership, plumber, truck driver, hardware store, etc. Do not use non-descriptive items such as businessman, merchant, retailer, retired, or self-employed. If words like self-employed, unemployed, or retired are used, add the current or former profession if known (e.g. self-employed building contractor, retired teacher, or unemployed carpenter).” I was recommending that more detail be added going forward to the occupation listed in a few instances, but I am wondering if I am being too picky?
The more descriptive you can be, the better. I often hear that “retired” ought to be enough, but one can retire with a very comfortable income and one can retire in poverty. A retired teacher isn’t likely to have an income like a retired U.S. Senator.
Manager: What does she manage? Sports management. Hotel night manager, restaurant manager; Home Depot manager; automobile sales manager; bank manager; asset manager
Investor: What sorts of investments? Art investor; real estate investor; financial investor
Salesperson: What does he/she sell? Autos? Retail? Furniture? Insurance? Timeshares? Toys? Newspapers?
Assemblyman: What does he assemble? Autos? Trucks? Winnebagos? Electronics? Legos? Or is she a state assembly person, as in legislator?