Comments on: Early Retirement with Kids http://blog.canadian-dream-free-at-45.com/2009/06/22/early-retirement-with-kids/ Wed, 08 Feb 2012 17:31:40 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Canadian Dream http://blog.canadian-dream-free-at-45.com/2009/06/22/early-retirement-with-kids/comment-page-1/#comment-28374 Canadian Dream Tue, 23 Jun 2009 11:23:15 +0000 http://blog.canadian-dream-free-at-45.com/?p=791#comment-28374 Guinness416, Very good point. Travel can be a killer to keep in touch with family. Trying to predict that is very hard to do, so I guess your option is planning for a healthy travel budget each year in early retirement plan. I personally don't have much of a travel budget myself, but if it becomes significant I could also work a bit to fund some extra trips. Or if it becomes apparent close to retirement that the kids are likely to be living elsewhere I can always work a bit longer to bank up some more. Cash Canuck, That is significant, good job. I didn't even finish my degree debt free. I would encourage my kids to do if possible, but it will be there choice. Tim Guinness416,

Very good point. Travel can be a killer to keep in touch with family. Trying to predict that is very hard to do, so I guess your option is planning for a healthy travel budget each year in early retirement plan.

I personally don’t have much of a travel budget myself, but if it becomes significant I could also work a bit to fund some extra trips. Or if it becomes apparent close to retirement that the kids are likely to be living elsewhere I can always work a bit longer to bank up some more.

Cash Canuck,

That is significant, good job. I didn’t even finish my degree debt free. I would encourage my kids to do if possible, but it will be there choice.

Tim

]]> By: Cash Canuck http://blog.canadian-dream-free-at-45.com/2009/06/22/early-retirement-with-kids/comment-page-1/#comment-28342 Cash Canuck Mon, 22 Jun 2009 23:17:45 +0000 http://blog.canadian-dream-free-at-45.com/?p=791#comment-28342 My parents helped out a bit with my education (tuition only). I had to pay for books, lodgings, and food (and partying) myself. I managed to squeeze by while holding down a part-time job and taking one extra year to complete my degree... loan free. I consider that achievement almost as significant as getting the degree. I'm sure that the kids of Canadian Dream will be well equipped to make sound financial choices when it's time to fly the coop. My parents helped out a bit with my education (tuition only). I had to pay for books, lodgings, and food (and partying) myself. I managed to squeeze by while holding down a part-time job and taking one extra year to complete my degree… loan free. I consider that achievement almost as significant as getting the degree. I’m sure that the kids of Canadian Dream will be well equipped to make sound financial choices when it’s time to fly the coop.

]]> By: guinness416 http://blog.canadian-dream-free-at-45.com/2009/06/22/early-retirement-with-kids/comment-page-1/#comment-28319 guinness416 Mon, 22 Jun 2009 13:29:24 +0000 http://blog.canadian-dream-free-at-45.com/?p=791#comment-28319 Isn't the risk not when they're home and you can tell them to get jobs at the local bar/supermarket, but when they leave? In other words if one kid moves to Newfoundland and one to Singapore and you're the one with the freedom to travel and presumably want to maintain relationships with your grandchildren, are you covered for that? My husband's siblings live in California, NYC, England, Germany and Dhaka. We're in Toronto. It does cost the family a collective fortune (well worth it of course) to stay connected! Isn’t the risk not when they’re home and you can tell them to get jobs at the local bar/supermarket, but when they leave? In other words if one kid moves to Newfoundland and one to Singapore and you’re the one with the freedom to travel and presumably want to maintain relationships with your grandchildren, are you covered for that?

My husband’s siblings live in California, NYC, England, Germany and Dhaka. We’re in Toronto. It does cost the family a collective fortune (well worth it of course) to stay connected!

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