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My net spend per month is 4K at the moment. Obviously, I don't pay rent or mortage where I live so this is why I can live very comfortably. I also eat out a lot ...bu whatever I want. It is easy to live on 48 net for a single very very comfortably. I do ensure that I get the best priced...

Thanks....I am not quite a hatchling......i am in my mid forties. :p I agree the 100k in 10 years is conservative....but that is assuming that there are not train wrecks along the way. Interestingly...I am taking more interest in super...even with government fiddling this is still going to...

Kum as it is just myself and assuming that a house is paid off....100k net is very good. It is the equivalent of earning $140k per annum. Not many people have this net ....and if you are retiree....you would be in top 0.5%. I am not planning to throw in the hat totally till my mid 50s....that...

Hey Dazz it does not have a "Wh" in front instead of the "L"! :p On a more serious note.....I believe there is also a way to move properties into a SMSF prior to retirement. Whilst you will pay CGT....the income in the SMSF will be more tax effective. Need to read up more on this....

No offence taken....the strategy talked about will still given one $90k net. That should definitely pay for high quality care.

This is going to annoy some people...but here goes... I believe that LOE by itself is not a sustainable strategy. I feel that that can form part of your strategy but given a less agressive growth real estate market driven by tighter credit does bode for well for this strategy. As...