Traveling is not expensive, traveling at speed is, if you can sit around and let the fund build when you need to then get on the road man!! Europe would be hard work on that kind of money and I'm sure America would also, but you get to buy super market food and have no accommodation costs, so i really think you will have enough cash.
But you might find 2/3 years on the road and you want to head back for a bit, i know Big Tom went back after his first year and a half for a bit then came back out and he's well into year 3 now.
Either way good luck to ya!
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