This is frighteningly similar to what I want.
I want the house close to Albany NY, rural, but 30 minutes away. Neighbors a few stones throws away. Garden and greenhouse and a sloping back hill that I can landscape into a terrance flower and tree garden over the years, full of apple trees and white birch, all going down to State owned forever wild land. I want to sit back there with my wife and watch the sun go down and breathe; and be on deck coming off the house watching it come up with a smoking cup of coffee.
So, this leads to the next question: how much do I need? What is the price of this move? House, car(s), insurance, the move itself, all the little things? The hidden costs?
Coming to Taiwan was easy, I had two backpacks. Leaving is not so easy. How much money will it take to get this dream? 50-100K? 150k? 200? More? Getting set up to have the money work for me is not the problem; living off dividends and having a bond ladder is easy enough to figure out, BUT, how much to get started? I have a very lucky friend whose Dad made a great deal of money and gave all 3 kids 500k when they were 30. He doesn’t work, has a 250K home and two kids (now divorced-money can’t buy love). I don’t need a 250k home and I except to do SOME kind of work just to keep sane, although it could be growing hydroponic tomatoes and strawberries…
Come on number crunchers! Figure this out.
I am always shocked at how cheap houses are in upstate NY. My husband and I were checking out prices on the net last year, and saw an awesome old Victorian home complete with a river in the back, about 4 acres of land, and a pricetag of less than $100,000.
I would say that to go back to that area and buy a home, two cars, and other necessities like furniture, you would need about $250,000, assuming that you and your wife can both get decent work in a reasonable amount of time.
Housing prices have been on the rise recently though, even upstate, so act fast! You could buy something now and employ someone to take care of the property in your absence…there are certainly companies that do that, and will even rent it out for you for a small(ish) fee. I think that’s a great way to go. Something I have certainly been looking into.