We did it, a few years ago... we were at the point where the house was paid off, the property we planned on building on was paid off.. we were at the point where we would sell the house and build our retirement home on the property we owned........
For us, we weighed out all the options, pro and cons, and decided to travel instead of settleing in.. We're both 55 so we made this decision at 50. Pall we wanted to keep in storage and bought the 42..
We also made an agreement that we would live the life for at least two years before making any other decision.. The first few month had there ups & downs as we got used to our inviorment..
But now we look bac on it and would not have had it any other way.
We've recently been working on a restrained lifestyle........
With the money we had left over the from the house, We invested some of which gives us a return of around $800.00 a month.. and we're working to stay within that area-(without working) and thats tyed to a dock and paying $400.00 amonth for rent.
By working within this budget, we'll be able to leave for our trip around the world within a month or so..
We know we wont be able to move back into a house but we figure when we get to old to sail, we'll buy a motorhome and travel the US hi-ways...watch-out...
We also know that if we dump it all, including the boat, we can by a condo somewhere..... but for now.....we're living our dreams.