Header Ad Module

Collapse

Announcement

Collapse
No announcement yet.

What to do when I retire in 12 years?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • #61
    Originally posted by grip View Post
    If you spend 3-4 months over winter travelling around Asia, it will cost you less than you would ordinarily spend in NZ anyway.
    It seems lots of people want to travel. It doesn't have to be expensive as Gavin has illustrated so well.

    One of my favourite blogs is http://www.mrmoneymustache.com/
    He talks about how he lived frugally, retired young (30s) and what he does with his time etc
    Done that - doing some more.
    South America is great also, interesting cultures.
    As I said before, and each to their own, I don't want to HAVE to live frugally in retirement.

    Comment


    • #62
      MrMoneyMustache(MMM) is good - but just be aware it's more financial porn than anything. People have gone through and added up his claims and they don't match up.

      The Millionaire Next Door is excellent, also I recommend http://www.earlyretirement.org/, it's a huge community of people looking to retire early through living below their means and investing carefully. They're pretty friendly and can answer as many questions as you need regarding every aspect of this.

      Comment


      • #63
        I am an avid reader of both MMM and ERE blogs. They're both fantastic resources and great for inspiration. I spent several months reading all the posts (comments included) and have to say that the content was a great contributor to changing my attitudes towards frugality. Once viewed as a miserly mean spirited way of finance, I now think of it as an efficient lifestyle and the only sensible way to live. Still working on implementing all aspects of frugal living (gym membership and meals out are my weak spots) and trying to reach that elusive 75% savings rate that is crucial to early retirement. Can't believe Jason from ERE lives on US$7000 a year!

        Comment


        • #64
          Originally posted by Neongreen View Post
          MrMoneyMustache(MMM) is good - but just be aware it's more financial porn than anything. People have gone through and added up his claims and they don't match up.

          The Millionaire Next Door is excellent, also I recommend http://www.earlyretirement.org/, it's a huge community of people looking to retire early through living below their means and investing carefully. They're pretty friendly and can answer as many questions as you need regarding every aspect of this.
          That early retirement one isn't a website, it's just a parked domain. Correct the address maybe?
          You can find me at: Energise Web Design

          Comment


          • #65
            My apologies, http://www.early-retirement.org is the one I meant.

            Comment


            • #66
              I didn't have those blogs when I was starting out, it was just a matter of getting on with it.
              Without the goal and the reason behind wanting to be financially independent I doubt I would had been so focused.

              My motivation was not just to be able to go travelling but to be able to do what I wanted, when I wanted, with whom I wanted! The funny thing is it was like an exponential growth and all of a sudden I arrived.

              As to accomodation abroad, I find Roomarama.com good value where you use someone elses abode while they are away.
              Profiting from Property, not People

              Want free help on taking your portfolio to the next level?

              Comment


              • #67
                Originally posted by DaveW View Post
                As to accomodation abroad, I find Roomarama.com good value where you use someone elses abode while they are away.
                How do you find that?
                I have been trying to work out how you would manage your personal stuff?
                Say my wine cellar with 12 doz wine and my filling cabinet with my personal records as well as all the clothes etc.

                Comment


                • #68
                  I'm a big fan of millionaire next door, and the millionaire mind. Amazing research and eye-opener when I read these books years ago.

                  MMM is good because he goes through in detail how he does it. Often a lot of people talk about their success but few describe the process of getting there.

                  Comment


                  • #69
                    Originally posted by Wayne View Post
                    How do you find that?
                    I have been trying to work out how you would manage your personal stuff?
                    Say my wine cellar with 12 doz wine and my filling cabinet with my personal records as well as all the clothes etc.
                    They are purposely fitted. Have a read of the site.
                    Profiting from Property, not People

                    Want free help on taking your portfolio to the next level?

                    Comment

                    Working...
                    X