I just read a story in the Chicago Tribune about a man in Newport Beach, California who lives the retired life many of us dream about and are working hard to achieve.
His story makes me wonder if he is crazy - or are we for not copying him?
The man, Dave Dixon, is 60 years old and lives surrounded by the multi-million dollar views of the bay, and spends hours every day golfing or playing tennis.
Yet, 8 years ago, when Dixon decided to live his dream life, he was an unemployed, twice-divorced, middle-age man with no savings.
He still only works 15 hours a week, singing at private parties and two restaurants in Orange County.
How did he do it?
He bought a beat-up 37 foot yacht with a credit card for $10,000.
Instead of buying a permanent mooring, he saves money by being a guest boater in Newport Harbor. He is allowed to stay 15 days a month on a mooring, and another 5 days at anchor in the bay. He then anchors in the ocean for the last 10 days of the month.
He showers in the Orange County Harbor Patrol's guest facilities, and drives an old car with over 300,000 miles on it.
He became an ordained pastor, and sees himself as the richest resident of the beach town.
He believes that spirituality has set him free from the world's bondages, and he is living God's message that faith and people, not possessions, are of true value.
Here is a breakdown of his monthly expenses:
$15 Post office Box
$75 Rent for 15 days mooring in Newport Harbor
$85 storage unit
$90 car insurance
$150 gas and generator for yacht
$150 gas for car
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$565 Total monthly expenses
Tuesday, 24 June 2008
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