Been working on the plan for 5 years, and just under 10 years to go.... money going away each month, seen by us as untouchable.....
Will retain a house in the UK, which we will rent out to provide additional income...
All financial commitments are (intentionally) finished by 49 at the latest.... unlike so many of our friends we have no long term mortgage or other financial commitments taken out aged 35 that run until we are 60..... we have happily sacrificed the crawl up the property ladder to enable us to achieve this position.
From quitting the rate race, we'll have a long wait until the pension kicks in at 65, and it will be significantly reduced in value, but we'll cope with that....
We have a number of goals we've set ourselves.... we want to sail our own boat under the Sydney Harbour bridge.... we want to explore Greece properly... we want to visit the Pacific islands... we want to transverse the Panama Canal... we want to visit the Glaciers and the Fjords.... etc etc
We both think (at this point in time) that once we're on the boat, then we'll remain on it until we are too old to continue comfortably....
-------------------- Bored?.... why not read my blog .... its the developing story of the trials and tribulations of boat ownership!
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Re: What AGE are you planning or indeed DID retire... and if pos.. how.. ?
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