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Old 02-23-2016, 01:58 PM   #4
MurrayM
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City: Kitimat, North Coast BC
Vessel Name: Badger
Vessel Model: 30' Sundowner Tug
Join Date: Jul 2012
Posts: 5,946
I'm 55 and our daughter is in grade 9...as it turns out my earliest retirement date for a full pension is less than a year after she graduates high school.

Everything we have is bought & payed for, so payments aren't an issue. We've been putting money aside for retirement and for post secondary education (or travel/exploration if that's what she'd rather do) so hopefully that's squared away.

The fixed costs of our boat are what I used to spend on cigarettes and booze, so it hasn't effected our life at all, financially that is!!!!

We pay into a spousal RRSP and the plan is to use income tax return monies to finance the upgrades Badger will need for us to comfortably travel BC's north coast for months at a time.

After retirement we'll keep Badger in good condition without major upgrades, and pad the retirement saving by selling our photographs.

Such is the plan...reality may intervene...
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