quote:
Originally posted by grumplestiltskin
Was just sitting here dreaming about winning the 25mil powerball jackpot and started considering just how much do you really need to be able to give up work and be able to sail fulltime.
Assuming you own your own house, or are prepared to rent in a "reasonable" abode, and you are prepared to drive a cheap bunky would $300 a week, between you and your partner, cover it?
aaaaaahhhhhhh dreams dreams dreams
quote:
Originally posted by Gonewindsurfing247
Ah grumplestiltskin, this way of thinking truely shows your passion for the sport.
Whoever invented working needs to be shot. I don't call it work, I call it prison.
Anyway, the answer to your question is:
[1] Add up all of your living expenses for the entire year (this includes food, house repairs, car, windsurfing renewals, etc.)
[2] The total in part [1] is your financial freedom number. That is, all you need is a passive income greater than your living expenses and you no longer need to work.
[3] Now all you have to do is figure out the passive income part.
I hope this has helped you rather than depress you.
quote:
Originally posted by elmo
if ya got saturdays ticket thats ok