RetiredGypsy
Full time employment: Posting here.
- Joined
- Mar 17, 2008
- Messages
- 979
I wound up $23,000 in debt by the time I was 22. I traded through three different cars and two motorcycles. I wound up with a wonderful woman who slapped me upside the head and said stop being an idiot. I lost the woman but kept the advice. It's taken some time, but I've conquered that mountain of debt and am planning on moving beyond it oh so fast.
By the end of this year, beginning of next year at the latest, I’ll be a free man. I’ll be taking this along with me:
- $23,000 in cash for savings/investment
- ~$1,100/month
- Cell phone bill (about $400 annual)
- Motorcycle insurance (about $600 annual)
- $39,000 college fund
- Paid for and well-maintained motorcycle
The plan is to set up a base in the PNW or Southwest (much like Billy and Akaisha have done) and spend my time:
- Sailing
- Kayaking
- Bicycling
- Motorcycling
- Hiking
- Woodworking
- Taking the occasional basket weaving class
I’ve crunched the numbers six ways from Sunday and once more just for a change of pace. I like what I see. This comes out to a 5-year plan, and from what I learn from it I plan to wind up staying perma-semi-retired.
By the end of this year, beginning of next year at the latest, I’ll be a free man. I’ll be taking this along with me:
- $23,000 in cash for savings/investment
- ~$1,100/month
- Cell phone bill (about $400 annual)
- Motorcycle insurance (about $600 annual)
- $39,000 college fund
- Paid for and well-maintained motorcycle
The plan is to set up a base in the PNW or Southwest (much like Billy and Akaisha have done) and spend my time:
- Sailing
- Kayaking
- Bicycling
- Motorcycling
- Hiking
- Woodworking
- Taking the occasional basket weaving class
I’ve crunched the numbers six ways from Sunday and once more just for a change of pace. I like what I see. This comes out to a 5-year plan, and from what I learn from it I plan to wind up staying perma-semi-retired.