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Started By
Message
I want to retire early and move to Montana
Posted on 9/25/13 at 7:44 pm
Posted on 9/25/13 at 7:44 pm
I'm talking about working for 15 more years and getting about $1 million dollars saved up. Buying some property in Montana in the mountains and building a small cabin. Live a minimalist life. No computers. No cable or tv. Have a garden and livestock. Maybe work a menial job like ranching or helping with a farm on the side. Something easy and flexible to pass the time. Hunt and fish for sustenence as well. Enjoy outdoors and live the life. Read and write. Hang out with locals.
How feasible is this? Am I speaking delusions of grandeur?
How feasible is this? Am I speaking delusions of grandeur?
This post was edited on 9/25/13 at 7:48 pm
38
Posted on 9/25/13 at 7:45 pm to TulaneUVA
Sounds like fun.
Posted on 9/25/13 at 7:45 pm to TulaneUVA
quote:
How feasible is this?
Very, just go.
quote:
Am I speaking delusions if grandeur?
There is no good time. If you ain't gone yet you don't have the balls to do it.
Posted on 9/25/13 at 7:46 pm to TulaneUVA
best landscape in North America IMO
Posted on 9/25/13 at 7:47 pm to TulaneUVA
With the direction this country is going, that would be something rather smart to pursue.
Posted on 9/25/13 at 7:47 pm to Nodust
Well I am a conservative person and make conservative decisions at times. This means that I would need a hotbed of cash as "just in case". The million dollars would only partially be used for land and cabin. Like $200k of it. I don't know what that gets me. But the rest would be just back up and slowly drained over time.
This post was edited on 9/25/13 at 7:50 pm
Posted on 9/25/13 at 7:47 pm to TulaneUVA
Sounds awesome, do they like your kind?
Posted on 9/25/13 at 7:49 pm to KingRanch
I dunno. I would turn into one of those mountain men with a dash of Asian Buddhist secluded monk with a fu man chu
Posted on 9/25/13 at 7:50 pm to TulaneUVA
quote:
The million dollars would only partially be used for land and cabin. Like $200k of it. I don't know what that gets me.
Land with no water or utilities most likely. There are towns and cities there. Jobs that pay good can be had, especially if you have an education. I lived there for three years. Loved it, but was too far from Grandparents for my kids.
Glad I did it early in life. Just go if you want to. You won't regret it.
Posted on 9/25/13 at 7:50 pm to TulaneUVA
I would do this in a minute if I could. My wife won't move to Montana though. 
Posted on 9/25/13 at 7:51 pm to TulaneUVA
Posted on 9/25/13 at 7:51 pm to TulaneUVA
One thing to think about is that you'll be older (obviously) and your health will be deteriorating much faster. You may not be able to manage the livestock as well or hunt as hard.
You're talking about buying the land and cabin and then having $1mm to live off of? If not, enough land to raise cows and hunt on, plus your cabin will cost close to a mill. Land is cheaper up there, but its still not cheap.
I like the idea though. I'm trying to do it closer to home though. Buy a couple hundred acres that butts up to a National Forest. Have a 40 or so as pasture land and have about 15 cows and a bull or two, a holstein cow or two, a few chickens, a 3-4 acre lake, a few fruit trees, and a garden. Make it my weekend home, and eventually move there full time.
You're talking about buying the land and cabin and then having $1mm to live off of? If not, enough land to raise cows and hunt on, plus your cabin will cost close to a mill. Land is cheaper up there, but its still not cheap.
I like the idea though. I'm trying to do it closer to home though. Buy a couple hundred acres that butts up to a National Forest. Have a 40 or so as pasture land and have about 15 cows and a bull or two, a holstein cow or two, a few chickens, a 3-4 acre lake, a few fruit trees, and a garden. Make it my weekend home, and eventually move there full time.
Posted on 9/25/13 at 7:51 pm to TulaneUVA
They duck hunt in Montana?
Posted on 9/25/13 at 7:51 pm to Nodust
Where were you at? I spent a couple weeks in Ennis a few summers ago and it was a great time. Real cowboys up there 
Posted on 9/25/13 at 7:53 pm to Slickback
quote:
One thing to think about is that you'll be older (obviously) and your health will be deteriorating much faster.
That's why I say go now while you're young. Montana is just a place like anywheres else. There are people that want to leave there and move there.
Posted on 9/25/13 at 7:53 pm to DrTyger
I don't know the voracity of their duck hunting but I've heard they have plenty if birds. And obviously not a lot of people per acre if land.
Posted on 9/25/13 at 7:55 pm to PapaPogey
Posted on 9/25/13 at 7:56 pm to Nodust
I've been to Livingston twice. Beautiful country up there.
Posted on 9/25/13 at 7:58 pm to El Josey Wales
Funny thing was when family would come visit they would be amazed we had McDonalds, Pizza Hut and all those normal things. I would have to remind them it was still America
Posted on 9/25/13 at 7:59 pm to TulaneUVA
Make damn good and sure you have a long chat with your accountant...tax shelters. MT is good in that there is no income tax, but damn it gets cold there...colder than Anchorage and Kodiak Alaska.
I mention this in that you may want to have a place in a slightly more temperate area as well. I bounce between Alaska and New Mexico....only going to Houston when I have to for business.
Seriously, make damn good and sure you have a good accountant you can trust. Your accountant is your friend.
Go for it. It's a friggin awesome lifestyle.
I mention this in that you may want to have a place in a slightly more temperate area as well. I bounce between Alaska and New Mexico....only going to Houston when I have to for business.
Seriously, make damn good and sure you have a good accountant you can trust. Your accountant is your friend.
Go for it. It's a friggin awesome lifestyle.
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