Interesting topic. I've talked to my wife about this and I think we could be pretty happy with a Cape Dory 25d for around $15k. The rest would be spent on the minimum necessities to stretch the cash for a very long time. But we are willing to live without alot of creature comforts.
1971 23' Oday Pop Top
You can't steer a boat that isn't moving? Just like a life - P. Lutus