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Old 02-01-2016, 06:40 PM   #41
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Really, twenty years... for everyone?
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Old 02-02-2016, 09:02 AM   #42
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Originally Posted by Sunset View Post
2) Children, will you really raise them in a 3rd world country, won't that limit educational and health opportunities ?
I know of one first world country that limits education and health care opportunity for its poorer citizens. They also limit their opportunity for home ownership.

There are many 3rd world countries that treat ALL their citizens better than that.

(From one such country, Mexico)
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Old 02-02-2016, 09:41 AM   #43
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I think the biggest wildcard isn't money or where to live... It's children.

Speaking as a 40 year old with 2 kids that CAN fire, I can tell you that it's looks VERY different with kids than without.

Without kids you can do what you want... Spend hours on hobbies, travel the world, pick up side gigs, play video games all day
We have two friends who took two years off when their kids had just reached school age. They bought a house in Antequera and spent 2 years giving their kids total emersion in Spanish. They kept their house in Monterey CA. He was a school teacher and she had just sold her store on the waterfront so leaving was easy. We visited them after our Med Cruise. The kids would play on the street after school. A childhood like the old days.

I think anything is possible if you want to do it enough. Obviously it takes planning and commitment. Thinking you are tied to a job is one of the biggest mental blocks.
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Old 02-02-2016, 10:57 AM   #44
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I think anything is possible if you want to do it enough. Obviously it takes planning and commitment. Thinking you are tied to a job is one of the biggest mental blocks.
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Old 02-02-2016, 11:13 AM   #45
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My tuition was $117.50 to $192.50 in a big city state university, and I graduated in 1972.

But with current college graduates running up $20-25K in student loans (on the low end,) it's going to put them 7-10 years behind in starting saving for retirement aggressively.

And with compounding and taking those years out of the marjet, those having to pay back student loans are going to be way behind those that didn't have to take out student loans.

If I was going to start college today, I'd go to cheaper community college 2 years, including going to Summer school. Then I'd transfer to a state university to finish up. And I'd live like a monk--triple frugal.
1960's. JC then UW in Seattle.

heh heh heh -
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