Quote:
Originally Posted by nostatic
Baja is another possibility, but less attractive to me. Easier because of proximity to the US though. Some very cool places along the coast to chill out and create stuff. And usually the plumbing works  |
Great minds think alike. Part of my plan is to have a second home somewhere warm and cheap. I was thinking La Paz. A friend and I are looking into buying a large sailboat down there pretty much right away. We each want to spend 4-6 weeks (seperately) on the boat and just chill out during the winter. It will be a way of getting my feet wet (rimshot) and a prelude to actual property ownership. I'll get to know the area first, and if it works out, I'll find some shack.
I want to work less. I'm hiring more people and letting one take more responsibility. I'll be involved till I die, but I would like to throttle back within the next 10 years. Less travel for sure.
My last child in high school graduates in 2 years. at that time we'll move back to the city. I want to reduce driving and fuel consumption. A move to the city will cost me more in housing but a LOT less in fuel. The costs should offset and property is a better investment than gas.
Speaking of which - rental properties and renovations. I'm good at it so I'm going to make some money on housing. Still viable here in the midwest.
In summary, by 55 I plan to work/travel less with my business on cruise control, have some property investments, live in a midwest city (probably Milwaukee) in the spring/summer/fall, and have a place by a beach an airplane ride away. All doable and in the works right now. Maybe even by 50.