Is it possible? Is it a pipe dream? Well, Tim Ferriss, in his book, The 4-Hour Workweek, says it's possible. In fact, there are hundreds of people who approach and conquer his "luxury lifestyle design"and blog about it on his blog: www.fourhourblog.com.
It sounds like a scam. But then, I haven't tried it yet. The process requires a step out of the automaton existence most of us lead (I do), and a commitment to self-examination that few dare to engage. Defining dreams (and making corresponding goals to achieve them) takes time, honesty, and oh, trust. (Do I REALLY think this will work? I am risking FAILURE!) How can I spare the time? I am SO busy being busy.
In the book Ferriss teaches how to control the three ingredients that achieve this seemingly fictitious, (impossible?) work/life balance: Time, income, and mobility. Can I? Will I? I'll let you know.