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OK, you've pretty much convinced me...

I hope there will be a period in my life where I can actually do this :confused: at least the "just stitting there and relaxing" without having to worry about running businesses

Planning to earn enough money to be able to help uyou kids if / when you want to later in their lives than when they are children surely wouldn;'t stop you from teachign them financial literacy whiost they are chidlren / young adults etc ?

That's good.. encouraging. I'd feel scared if I retired with just $12k coming in though and nothing else coming in/there to access. That's just me. If there was enough of "something else coming/there to access" I'd have to add that into the $12k amount if I were trying to calculate what I...

"washing machine" was an example for erything I can't think of, but yeah, OK..

So there we go :) I still don't think someone living in their own home payng bills, repalcing things as they need to be repalced like washing machines and cars etc could do it on $12k pa in Australia though. Hmmmmm

When you get back to Canada and setlle back home, do you expect to continue to be able to live on $1k /month.. hence it beig the figure ? or more likely more than that ? Thats what I've been trying to work out and my guess is as Ive said, $30k -$50k

Well thanks for that. Cause I defintiely was looking at it as if you were suggesting it "forever" I think what you guys are doing is fantastic, travelling, without need to work, much earlier than many would (if at all) due to perceived low $ and experiencing so much because of it, whilst...

Of course I have been in the situaton where money was short & I lived pay cheque to cheque, only just making it a lot of the time... for years. And I know that if something rerrible happened, I could do exactly what was needed, I'm not that proud to say I'd "die" (nor that naive/silly either...

kathryn, I wasn't having a go and I beleive you do what you say you do and see nothing wrong with it. I'm trying to work out what I might feel I need like I said above that's all. I just can't see how one could it it much less than I worked out, the wya I worked it out. When I said...

kathryn, most of us aren't going to do what you do in terms of house sitting oerseas (or in Asutralis), so we are probably thinking budget for living at home, paying bills, food, healthcare, running a car, doing things with friends and relatives and all those things. Sure the week to week...

Trying to ttink of it from an I'd be ok and content enough standpoint, probalby about $1200 / week. More comfortable would be $1200/week + growing assets or something from which I coud spend extra and pay for big replaceable items Do I just call it $2k / week ? You dont have to...

I'm sorry We were only trying to help :o jeez you'd think I'd have read the initial post or even the title ! heck !

Nor much point to investing too much either (?)