Tag Archives: Retire Young

33 Months of Location Independence – A Personal Update

Next February will mark three years since we sold our business and left Japan. It seems like such a long time since we first made the one year plan to change countries and careers back in 2009. Here is an update on what is happening in our lives and some of the lessons learned over the past few years.

Location Independent 33 Months

Travel Plans

Today, we’ll be headed back to Asia for the winter. We will spend most of our time in Chiang Mai again, but also have some shorter trips planned to Singapore, Malaysia, Laos and possibly some other nearby countries. This will probably be our last trip to Asia for a while, as we haven’t been to Europe for a couple of years and we still haven’t made it South of Mexico.

New JetSetCitizen.com Website

This website has finally gotten a redesign. You’ll notice (I hope) that the site is simplified to make it easier to navigate and find past content. It is not 100% finished yet, but I wanted to get it up before I leave. I’ve lost the count of the Twitter shares, but everything else seems to have went well in the migration.

I’ve been blogging for four …

Retire in Chiang Mai, Thailand – Interview with Godfree Roberts


Chiang Mai, Thailand is one of my favorite places in the world for it’s great balance between quality of life and low cost of living. (2016 Update – I’ve recently created a comprehensive guide on finding a Chiang Mai apartment. My favourite apartment is only about US$150 per month.) Those factors also make it a popular destination for digital nomads and other long-term travellers. In this interview, Chiang Mai retiree, Godfree Roberts shares his reasons for choosing the city and talks about the business he set up there to help others retire in Thailand.

 

 

Godfree Roberts

How long have you been living in Thailand?

Twelve months.

Why did you choose Chiang Mai?

I chose Chiang Mai for four reasons:

1. It’s small. 160,000 people in the 1 square mile old town–the hub of life here. Another 1.5 million in the surrounding area support the amenities of a real city, but are not enough to create the negatives of a big city.

2. It’s better than just laid back. Chiang Mai people put fun first. They like to start work around 10 am, go to bed around midnight, and spend as much time as possible in between hanging out, …

Is this Lifestyle Design – Digital Nomad Stuff Foolish?

Is Lifestyle Design Foolish?Many people have ask my wife and I if we’re worried about our future. Quitting your job to travel the world and start new businesses is great in the short term, but is it the wisest choice for a secure financial future? What if I get sick? How will I survive when I am too old to work? What if I die, how will my wife survive? There are a lot of questions we have considered and continue to discuss.

 Lifestyle Design Take One

I was in my twenties the first time I gave up everything to move abroad. It was just after finishing university and a failed start up attempt so all I had to look forward to was an entry level job in a company I wasn’t particularly enamored with. I needed to reset my life, and leaving Canada for the unknown was the best way I new. I bought a plane ticket to go to Japan one week later with $1000, no work visa and no job. It was probably the best decision I ever made.

Lifestyle Design Take Two

I was 40 years old the second time I decided to change careers and leave Japan, …

Retire in Kuala Lumpur, Malaysia

Petronas Towers - Kuala LumpurMore and more people are considering retiring overseas to make their savings go further. Great weather combined with a lower cost of living make countries like Costa Rica, Thailand and The Philippines great choices for long term stays. Bob Webb and his wife have chosen to make Kuala Lumpur, Malaysia their retirement home base. Bob offers some insights into his retirement in this interview.

Please tell us a little about your background?

We are Australians who retired after a number of years in the Public Sector. I spent 40 years with the Australian Defence Department (20 in uniform and 20 as a civilian) and my wife worked for Veterans Affairs. We retired about 2 years ago and decided to head overseas.

Why Kuala Lumpur?

We started off on our travels to Asia and then caught up with our daughters in New York. We then moved on to Las Vegas, Memphis, Cancun and finally ended up in Kuala Lumpur. We had been to Asia a number of times during our working lives, but had no ties to Asia.
English is understood by nearly everyone in Malaysia. There is a great diversity of entertainment here, including theatres, bars and clubs. Unlike some …

Interview with Digital Nomad, James Clark

Interview with Digital Nomad, James ClarkIt is hard for most people to imagine what it is like to constantly travel. Most imagine that great riches are required, but from my own experiences and those I have interviewed, a travel lifestyle is probably much easier than you imagine. Digital nomad, James Clark of NomadicNotes shares his story of creating a life of constant travel in this interview. By keeping his expenses low, he is able to fund his travels through various advertising driven travel related websites.

Please tell us about your travels.

My first trip abroad was a brief holiday to Hawaii which activated the travel bug. I took some annual leave holidays after that, but I found that even saving up 2 months of leave from work wasn’t enough time to explore in a time frame I wanted. My long term travels began in 1999 when I moved to London on a 2 year working holiday visa, where I used London as a home base for travels around Europe. So far my travels have taken me to over 40 countries across North America, Europe and Asia. I still have much of the world to see, but I am not in a hurry to tick off …

Retire Young and Travel the World, Interview with Wendy Justice

Interview with Long Term Traveller, Wendy Justice

Do you have to wait until you are 65 years old to retire? What would it take to quit your job and travel the world? How much money would you need and what would you do to prepare?  Wendy Justice answers those questions and offers some great advice in this interview.

How did you come to the decision to retire at age 50?

I wish that I could have retired earlier! It wasn’t until I was 50 that I felt that I had enough funds accumulated to afford relinquishing my full-time nursing job. Even then, I looked at it more as a sabbatical than a permanent lifestyle change. To me, working was always intended to be a means to an end – in this case, becoming a global traveler.

What did you do to prepare to retire?

I have always lived frugally. I don’t like being in debt, and that helped a lot when it became time to retire – my first piece of advice to someone considering this is don’t even think about it unless you’ve settled all your obligations first. The last year or two that my husband and I were working, we knew that retirement was right …

Why I am so Successful (Hint: It is not because of my over-sized ego)

The Secret of My Success

The Secret of My Success

In a recent email, a reader of this blog asked me how I became so successful. He read in one of my posts about how I moved to Japan on one week’s notice with no job, no work visa and only $1000 to my name and later became a jet-setting global rock star celebrity. (Okay, I added the ‘jet-setting global rock star celebrity part ‘ for added effect. :-))

Here is the Secret to my Success

The short answer is … I am not successful. Most people, myself included, tend to glamorize or even exaggerate successes and hide set backs or negative aspects of their lives. Don’t believe everything you read or hear because you are only getting the positive side of the story.

I am not rich. I am not famous. I am not particularly smart or talented either. I am just an ordinary person that is not afraid of hard work. When I arrived in Japan more than 13 years I worked a lot to save money and pay down debt. I worked two English teaching jobs and a bar job.

A couple of years later I started teaching private students in my …

My One Year Plan to Find a New Country and Career – Mission Accomplished!

We are Leaving Japan!

We are Leaving Japan!

It has been a few months since I have written about my progress of achieving my one year goal of leaving Japan. I didn’t have much to report so I spared you the boring details, however, now my goal is much, much closer.

Step One – Mission Accomplished!

The biggest challenge my wife and I had in order to begin our new nomadic lives was to sell our business in Japan. We just received the money for the sale of our English school so now the hard work is finished. That was the only major obstacle holding us back and now that it is complete there are only small details and preparation left ahead of us.

We have to stick around and train the new owners and teacher, but we will be free from all obligations a couple of months ahead of schedule. We are leaving!

Japan is a fantastic country, so don’t get me wrong. We definitely plan to return regularly. However, running the same business for a decade was growing tiresome and we are definitely ready for a change.

Step Two – Rent Out Our House

The next step is to decide whether or …

Interview with Upcoming Sailing Nomad George Horning

Real Estate for $50,000 Around the World

Many of us are calculating how much money we need to retire. With accommodations often taking up about one third of our budgets, this is a good place to start. Owning your own property can help to hedge against rising costs and exchange rate risks. If you choose wisely, your new home may also prove to be a good investment rather than just an accommodation expense.

My previous articles, Retire on $500 per Month and Rent for Less than $10 per Day rely on stable low priced rental properties around the world. With more people traveling and living abroad, I feel that it is inevitable that rents will increase around the world. While purchasing property in a foreign country has its risks, it can greatly decrease your monthly living expenses. For example, my mortgage in Japan, is close to what I was paying for one room in a shared apartment when I first arrived more than 12 years ago.

Matadorlife.com had an article, “What Can $150K Buy in Real Estate Around the World,” while that was helpful, I wanted to see what could be bought for much less. I chose the arbitrary figure of $50,000. Anyone can afford …