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From: mgd9121961 (no email)
Date: Mon Dec 13 2004 - 21:23:46 EST
MY GOD........How do you get up in the morning?
I dont want this to sound like some kind of attack but i think if I
plan every buck I might or might not have for the next 25 years I
just might never sell up and shove off. Hell, I might never leave the
house again.
The cruising lifestyle is about taking a risk or two and building
some memories along the way and those memories dont have to cost alot
of cash. If you have any sure income at all you are well ahead of
most of the cruising folks that Ive been in contact with. Most have a
little income from a rental property or two, maybe a 401K if they are
lucky.
buy a boat, sell the house, junk the car, kiss the kids and SAIL. If
its so damn bad, wind is free, just sail on back home, resume your
life and keep worrying about all the stuff you have no control over
anyway.
As for me, one more Kid to graduate and Im outta here no matter what
the dollar is doing in its 20 year cycle, because thats just what it
is, a cycle and nothing more.
Mike D.
--- In , lynn stone <lynnstone1 at y dot dot dot >
wrote:
> Dwight,
>
> Until we are both able to reach that magic age of
> about 66 or 67 or so when we can both retire and
> receive social security (it's no longer 65 for full
> benefits you know), we will have varying amounts of
> money. If we were starting cruising now we would have
> less than 1500 per month to work with for
> _everything_. Not a lot when you consider the cost of
> insurance, etc. In a couple more years it could be
> more and that would increase until we get to about
> 3,000 or so in about 10 years and level off.
>
> Sounds like a lot I know until you get to the part
> about devaluation. $3kUSD in say 10 years will be
> what? It's _now_ only 1500 Pounds. In 10 years will
> that be 1000 Pounds or less? Same thing could be said
> for the Euro.
>
> What about the other countries. There is now a move
> afoot to organize the South American countries in the
> same direction as Europe. I presume that will also
> mean a standard currency for South America. Will that
> include Central America and Mexico? How will that
> currency stand up to the devalued USD? Who knows.
> Someone else said something about having a wheelbarrow
> full of cash, having a wheelbarrow full of cash looks
> great but what will it buy?
>
> We also want to move around and experience other
> cultures in the world and not just exist on a small
> boat anchored in a third world country hoping that we
> will be able to make next month's bills and our
> medications actually arrive on time and are not stolen
> enroute or that we run out of USDs to buy them at all.
>
> Worry? Yes, we worry. But, we also know that proper
> planning can cut the worry way down and we can relax.
> How much do _you_ need every month vs how much do you
> have to do with every month? What are _you_ doing to
> plan for the further degradation in the USD's buying
> power as it applies to you and your family's future
> apart from taking a long walk off a short boat when
> you feel the time is right? Life insurance? Will it
> pay if you take that walk? Are you converting all your
> USDs to Euros monthly and then reconverting as you
> need it in hopes that you will receive back more USDs
> than you gave them before when you originally
> converted from USDs? What is the _plan_ that you are
> following for the future or the plan that you are
> using to cruise now? Are you giving up going to
> Britian or Europe because the Pound will be $3 USD or
> the Euro will be $2 USD and maybe the Peso or other
> South American currency will be 1 to 1 with the USD or
> worse?
>
> Maybe we can do well right now in Mexico, the
> Carribean, and a few other places but it will be a
> couple years before we can go. What then? In 10 years
> will it still be so good? What about 20? Will our
> perhaps $3k USD monthly retirement be enough then?
> Will it only be worth 500 somethings or other when we
> need a minimum of 1000? We want to plan now based on
> what others are doing and thinking so that when the
> time comes, we won't need to take a short walk if a
> problem comes about but will be prepared for most any
> reasonable problems that might arise. True, we can't
> plan for everything but we can for most things in
> general. How are you taking care of that? We've got a
> couple years to plan and prepare.
>
>
> --- Dwight Yachuk <dwight dot yachuk at p dot dot dot > wrote:
>
> >
> > I guess in order to answer your questions I need to
> > ask you how much money you have Lynn.
> >
> > You should be able to live comfortably in the
> > caribbean for under $1K/month. This summer I was in
> > the Azores. The cost of living was about the same
> > as in the US. Spain and Portugal are relatively
> > cheap. The Scandinavian countries are expensive but
> > they always have been.
> >
> > You can live in Mexico and get excellent medical
> > coverage for a fraction of the US cost.
> >
> > The best thing to do is to decide where you want to
> > live and where you want to travel and then research
> > the costs of doing so. All I'm hearing from you is
> > a lot of worrying. don't worry, you won't starve.
> >
> > When I get too old for anything else I'll walk off
> > the back of the boat one night at sea. The cost of
> > an ocean burial will be nothing.
> >
> > dwight
> >
> >
>
>
> =====
> Lynn
>
>
>
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