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re: Wanting to settle down in a place like Hawaii before retirement, thoughts?

Posted on 6/20/16 at 1:39 pm to
Posted by VermilionTiger
Member since Dec 2012
39420 posts
Posted on 6/20/16 at 1:39 pm to
quote:

frick all of the USVI for that matter



Why?
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
63518 posts
Posted on 6/20/16 at 1:42 pm to
quote:

I know this dream will probably be shattered when/if I get married and have kids.



yep, but dreams change and can even get better
Posted by 777Tiger
Member since Mar 2011
93541 posts
Posted on 6/20/16 at 1:43 pm to
quote:

Why?

trashy, sullen, lazy assed people there, more violent crime than you'd think(although it's usually local on local,) there's so much more nicer places in the Caribbean
Posted by FLObserver
Jacksonville
Member since Nov 2005
16269 posts
Posted on 6/20/16 at 1:43 pm to
You better be OT Rich and not live near the locals .
Posted by Breauxsif
Member since May 2012
23218 posts
Posted on 6/20/16 at 1:47 pm to
You're not going to find any work. Why do you want a wife and kids anyhow?
Posted by Billder
Where you live
Member since Nov 2009
5250 posts
Posted on 6/20/16 at 1:47 pm to
quote:

It's not something I can honestly do anytime soon. I'm talking 40s..50s..


quote:

thoughts?


Me thinks it will not work well.

You can't fund a 50 year retirement with 20 years of work......unless you make movie star/professional athlete type of money.
Posted by VermilionTiger
Member since Dec 2012
39420 posts
Posted on 6/20/16 at 1:57 pm to
It's not as if I don't plan on working there
Posted by Billder
Where you live
Member since Nov 2009
5250 posts
Posted on 6/20/16 at 2:00 pm to
quote:

It's not as if I don't plan on working there


Fair enough

I missed where it said "before retirement" in the title. Sounds like a kick-arse plan if you can make it work.
Posted by 777Tiger
Member since Mar 2011
93541 posts
Posted on 6/20/16 at 2:00 pm to
quote:

It's not as if I don't plan on working there

better develop a specialized skill set, that may be tougher than it would seem


ETA: was thinking about your OP, about being attracted to the water, when I lived in FL I lived on the water, I could come home from work, jump in my boat and be heading out of the inlet in about 15 minutes, it was great, fishing, diving, Bahamas nearby, etc., once I had kids I may as well have been living in Baton Rouge, all of that shite was pushed down the list when the kids started getting into school and associated activities
This post was edited on 6/20/16 at 2:05 pm
Posted by VermilionTiger
Member since Dec 2012
39420 posts
Posted on 6/20/16 at 2:01 pm to
I'm not expecting to live a luxurious lifestyle while there. I just want to be at peace
Posted by northshorebamaman
Mackinac Island
Member since Jul 2009
38566 posts
Posted on 6/20/16 at 2:03 pm to
quote:


better develop a specialized skill set

Learning Japanese is a definite leg up in HI.
Posted by 777Tiger
Member since Mar 2011
93541 posts
Posted on 6/20/16 at 2:06 pm to
quote:

I just want to be at peace

first step is to be at peace with yourself, wherever you are, otherwise you'll always be looking at the grass on the other side
Posted by No Colors
Sandbar
Member since Sep 2010
13762 posts
Posted on 6/20/16 at 2:09 pm to
Consider Costa Rica. Closer, cheaper. Easier to get around. Growing country with expanding tourist and retirement community. Lots of people who work from home (commodity traders, finance, writers, bloggers, etc) are moving there.

The idea is that you don't really totally retire. If you have a skill like electrician (as you said) then you can go down there and find plenty of work to keep you half busy 2-3 days per week. If you go down with some money and no debt, that's all you'll need.
Posted by Ghost of Colby
Alberta, overlooking B.C.
Member since Jan 2009
16010 posts
Posted on 6/20/16 at 2:12 pm to
The problem is cost of living. Hawaii is expensive. You should reach your peak earning in your 40's or 50's. A good percentage of these earnings should go towards retirement. The cost of living in Hawaii would take a huge chunk of that money that could go to retirement. Also, you probably wouldn't be making as much as you could if you limit yourself to a job in Hawaii.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
37467 posts
Posted on 6/20/16 at 2:30 pm to
quote:

VermilionTiger


My wife and I have this discussion fairly often. We could both get jobs in Hawaii fairly easily, but the issue is that we would get paid the same as we get paid here, yet the cost of living is much greater.
Posted by LSUwag
Florida man
Member since Jan 2007
18141 posts
Posted on 6/20/16 at 2:33 pm to
I'm doing it. I bought a beach house at St Augustine Beach. The wife and I are going to retire there in a few more years.


I would really like to live down in the Carribbean. I might do it eventually.
Posted by VermilionTiger
Member since Dec 2012
39420 posts
Posted on 6/20/16 at 2:37 pm to


Lucky man
Posted by jscrims
Lost
Member since May 2008
3835 posts
Posted on 6/20/16 at 2:38 pm to
Don't. I knew at least 5 couples who retired there and left within a year.

Too expensive and not as cool as you would there.
Posted by 777Tiger
Member since Mar 2011
93541 posts
Posted on 6/20/16 at 2:42 pm to
quote:

Don't. I knew at least 5 couples who retired there and left within a year.

Too expensive and not as cool as you would there.



yep,variety is cool, I like to do to many different things than to blow the wad on one place, renting/leasing isn't that bad, live there a year, in the mountains a year, Thailand, Caribbean, etc.
Posted by lsugrad35
Jambalaya capital of the world
Member since Feb 2007
3358 posts
Posted on 6/20/16 at 2:43 pm to
Legitimately it's not as far out of reach as you may think. Friends of mine a married couple 28 & 29, without much savings up and moved there. Found jobs there. They haven't looked back. Been there 2 or 3 years now. They don't live a luxurious life, but they make use of the outdoors for their entertainment. I don't think they have cable or anything. Only the necessities. I've never been so I can't say anything about the people or any of that.
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