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Old 05-03-2012, 05:40 PM
 
28,906 posts, read 42,495,558 times
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Quote:
Originally Posted by LS Jaun View Post
Did he say how much the rent is. Fully furnished, yes!
He said it was $1500 a month. Given that they won't have cars, home insurance, or a host of other expenses, that's outstanding. I realize that he's being optimistic here, but he did the math and realized that if he simply billed 12 hours a week, he'd be breaking even. Go for it, I say.
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Old 05-03-2012, 05:43 PM
 
Location: Tucson
42,837 posts, read 73,761,827 times
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Quote:
Originally Posted by Chowhound View Post
I do like to have a roof over my head and some food.
Me, too, unfortunately... And some smokes! And some Johnnie!

Quote:
Originally Posted by cpg35223 View Post
You can do web design work from anywhere.
Not everybody is lucky enough to have a portable job.
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Old 05-03-2012, 05:46 PM
 
Location: Tucson
42,837 posts, read 73,761,827 times
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Quote:
Originally Posted by cpg35223 View Post
He said it was $1500 a month.
There are plenty of places in the world where rent can be half of that and less. The main problem is making a living, if you don't have other sources. Had that not been the problem, I would've been out of this goddamn hell maaaany moons ago, even before I sold my parents' property.
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Old 05-03-2012, 05:47 PM
Status: "Conservative Liberal" (set 23 days ago)
 
Location: USA
16,454 posts, read 11,946,630 times
Reputation: 11209
Quote:
Originally Posted by cpg35223 View Post
He said it was $1500 a month. Given that they won't have cars, home insurance, or a host of other expenses, that's outstanding. I realize that he's being optimistic here, but he did the math and realized that if he simply billed 12 hours a week, he'd be breaking even. Go for it, I say.
$1500 just for rent would be too much. If I cashed out of my retirement, payed the Government for early withdraw I'm speculating 2k a month for everthing with out sacrificing the principle. Now, if I had a room mate to split housing with
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Old 05-03-2012, 05:57 PM
 
Location: Tucson
42,837 posts, read 73,761,827 times
Reputation: 22814
Quote:
Originally Posted by LS Jaun View Post
$1500 just for rent would be too much. If I cashed out of my retirement, payed the Government for early withdraw I'm speculating 2k a month for everthing with out sacrificing the principle. Now, if I had a room mate to split housing with
How exactly do you figure for how many years you'd need the money...? That's what has always puzzled me about the retirement calculators. Are you supposed to check with the guy up there? I wish I could... I really do...

I might become a roommate... You can't count on me for too many years, though.
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Old 05-03-2012, 06:09 PM
 
28,906 posts, read 42,495,558 times
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Quote:
Originally Posted by sierraAZ View Post
Not everybody is lucky enough to have a portable job.
Yup. I'm not one of them, either. Neither's my wife. Or we would have been gone like a shot. As it is, we have to wait out the kids' graduations.

But my friend? One lucky guy. And, given all he's been through, deserving as hell.
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Old 05-03-2012, 06:20 PM
Status: "Conservative Liberal" (set 23 days ago)
 
Location: USA
16,454 posts, read 11,946,630 times
Reputation: 11209
Quote:
Originally Posted by sierraAZ View Post
How exactly do you figure for how many years you'd need the money...? That's what has always puzzled me about the retirement calculators. Are you supposed to check with the guy up there? I wish I could... I really do...

I might become a roommate... You can't count on me for too many years, though.
"How exactly do you figure for how many years you'd need the money...?"
I figured a 6% return and 3% to account for inflation and no digging into the principle.

"I might become a roommate... You can't count on me for too many years, though"
$750 a month divided by 2 sounds more like it too me.
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Old 05-03-2012, 06:25 PM
 
Location: Tucson
42,837 posts, read 73,761,827 times
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Quote:
Originally Posted by LS Jaun View Post
"How exactly do you figure for how many years you'd need the money...?"
I figured a 6% return and 3% to account for inflation and no digging into the principle.
Hey, if you can do it without touching the principal, more power to ya! Don't forget inflation, though... It's waaaaaaay higher than that!
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Old 05-03-2012, 06:45 PM
 
Location: Chicago
5,256 posts, read 7,688,691 times
Reputation: 6077
Quote:
Originally Posted by sierraAZ View Post
I haven’t been to the Caribbean myself because the flights are horribly inconvenient out of here. I’d like to go once, but only to an island that was a former European colony and has more interesting culture and architecture. If I am to just bum around on the beach, the beaches South of Cancun are the same and it’s a lot easier to get there. I’ve no desire to ever go to Aruba. I’ve seen enough cacti to last me a few lifetimes.

Jamaica is crime-ridden… Actually, there are still many unspoiled and cheap places along the coasts of Mexico – it’s a huge country. Unfortunately, many of them are in areas that are no longer safe. Also, development will reach them eventually. As you may know, it has already moved South of Tulum on Riviera Maya. These places are still not easily accessible, but once they are, the prices will shoot up.

I really envy you if you can afford to hang it up!
I have been all over the Caribbean. My unsolicited personal opinions having been to the places you mentioned...

Cancun - too developed, too Springbreak party crowd. Like nearby Cozumel for diving though, some nice shallow sculpture gardens there.

Jamaica - physically beautiful but WAY too much crime - I believe it has some of highest crime rates in the world.

Tulum - very cool, love the diving, cliff views, and Mayan ruins. I had the most perfect hammock nap there.

Aruba - going there again next month for business. Too much desert, development and casinos for me. The diving is pretty good, though I prefer nearby Bonaire.

Nearby Curacao also has some good dives, excellent orange liquor (love that stuff), and awesome duty-free shopping. This is an excellent island for buying jewelry and watches. Also some nice shore dives, dolphin/turtle dives, and cool mushroom coral.

Though I think I prefer the British West Indies and French islands over the Dutch islands.
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Old 05-03-2012, 06:46 PM
 
Location: City of Angels
2,935 posts, read 4,279,341 times
Reputation: 2218
Quote:
Originally Posted by sierraAZ View Post
There are plenty of places in the world where rent can be half of that and less.
the last apt i had in BKK was 4000 baht/month, which at the time was around US$120. nowadays since i don't stay anywhere long term i mostly just stay in serviced apts and guesthouses, so i pay more, but ya there's plenty of places in the world where rent is essentially nothing, not even an important factor when considering ones budget.

Quote:
Originally Posted by sierraAZ View Post
The main problem is making a living, if you don't have other sources.
ya, that's always been my problem. i'm a younger guy, so no retirement income coming in. plus my skills are relatively limited, so getting a job in a saturated expat job market is unlikely. so i try to work in the US half of the year then go back overseas the other have. wish i could make money elsewhere, but don't see that happening any time soon.
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