Join Date: Aug 2011
Thanked 9 Times in 9 Posts
Rep Power: 4
Re: Financing a Family Circumnavigation
Thanks for the details chall03, those are the kind of details I am trying to understand. I picked those parameters as rough guesses. I also didn't intend to over constrain to circumnavigating, perhaps sabbatical is a better term.
Yearly costs: $35k
Is still a solid $250k one had to come up with.
I could see that being in reach for retiring boomers with pensions or houses that appreciated during the housing boom. Might be tough for someone in their 30's today to get to