Re: Financing a Family Circumnavigation
I think it's all about a plan.
Given your alias including the word engineer you are probably near the top of the income scale in the US. I'm an engineer (about 5 years older than you?) and work with a lot of engineers and it's certainly easy and comfortable to match lifestyle to income. Many of my friends and coworkers have done this. It can be a happy way to live if you don't have big travel desires.
I made a choice about 10 years ago to try and limit spending and pay off all debts (so not moving into nicer and nicer houses or needlessly upgrading cars or sailing bigger and newer boats) and concentrate on being able to "retire" earlier (I put "retire" in quotes because it will probably mean switching to a lower stress/lower income job after some extended travel). I don't know that retirement will ever include sailing around the world, but it will certainly include some extended cruising.
I don't know how to do this without a plan.
I'm no longer participating on SailNet.