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  1. V

    LOE: Starting with $560k.

    Loe Hiya May i suggest you read Tim Ferriss book "the 4 hour workweek?" his concept of mini-retirement helped to turn my hubby's head:p also read this blog by Mr Financial Samurai:http://www.financialsamurai.com/2012/04/16/achieve-financial-freedom-slice/ There are 2 ways to early...
  2. V

    LOE: Starting with $560k.

    So your LOC is 300K; going by your example; the interest on the IPs is 78K plus other rates etc 24K altogether 102K ..correct me if i am wrong here....doesn't it mean your LOC will get eaten up in about 3 years seeing you are saying he gets his rents paid into a 100% offset and live off...
  3. V

    LOE: Starting with $560k.

    How? Please explain using some simple numbers....thanks:D
  4. V

    LOE: Starting with $560k.

    Kids Oh I forget...these are assuming kids do not come into the pic...i have 3 and i reckon they set my retirement back 10 years:p but on the other hand, i may live longer by 10 years:p
  5. V

    LOE: Starting with $560k.

    Loe Hiya How about: 1) downsize from your 700K PPOR...to a 300 one (plenty of those in Western Sydney ...ok i will not suggest Wilmot but hey there's always Penrith?; if you say u are intending to finish paying it off next year, this would leave you with 400K which you can stuff it into...
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