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Retire and Travel the World

July 15, 2013

Retire and travel the world on a low budget for romantic picnics in Paris

Can you retire early to travel the world if you have a tight budget? We are living proof that it can be done as we are almost 8 years into our open ended world trip.

RETIRE EARLY AND TRAVEL THE WORLD

We were a bit nervous to retire at barely 50, but now we are so glad that we sold everything to do this and took the risk. As Tim Ferriss said about us:

"You don't have to be rich to live a rich life"

LONG TERM TRAVEL AND RETIREMENT

AND we had a late baby, so educated our ( now fluently trilingual) daughter through world schooling and homeschooling all of her primary school years Likely the best education in the world for a 21st century kid and allowed us so much time together and freedom. Slow travel is the key for keeping costs down and preventing travel burnout.

Handle retirement investments any where via laptop ..even at the beach!

"To know you have enough is to be rich" Lao-Tzu

CAN YOU AFFORD TO TRAVEL IN RETIREMENT?


We don't have unlimited funds and very few people have that, but with careful planning and some calculated risk, this is a very doable goal for many baby boomers who want to explore the world. Most people wish that they could leave their everyday work routine behind and depart on a world tour that never ends. You can!

early retirement travel means seeing exciting places like China

EXTENDED TRAVEL IS CHEAP

As I wrote long ago, extended travel is MUCH easier than most people realize and can be done on a very small budget. We've traveled the world  and lived large on $23/day per person ( 45 countries on 5 continents) and could do it on even less. That turns out to be 25K a year which is actually pretty typical retirement annual budget.

retirment travel can mean a hammock in Bora Bora

STRETCHING RETIREMENT DOLLARS

We can just stretch our dollars more through world travel and by not owning a home or many things. A purposefully "homeless" retirement opens many options and you won't really be homeless, but more like you have many homes like the very rich.

Due to the world wide real estate boom where many bought second homes and then recession, there are a glut of furnished homes and apartments world wide, so most can be rented very easily and cheaply for long term ( especially off season).

retire in a beautiful white village in southern Spain

"HOMELESS" RETIREMENT TRAVEL - CHEAP RENTALS

What is renting a place in Spain for the winter like? Or a home in tropical Asia with living costs? Here is how we found our rentals in Spain and apartments in Penang. It is easier than ever to find furnished rentals today and we have done it in Austria, China, London,repeatedly in Spain and Malaysia, plus California and Hawaii in the USA and more. Some times we stay for a week , sometimes for six months or a year.

retirement travel means adventure in places like Tahiti

KEYS TO FRUGAL LIVING IN RETIREMENT TRAVEL

Even places like Bora Bora, Tahiti can be cheap if you live like a local and rent an apartment. We spend time in expensive places like Paris, Norway, Bhutan, Moorea, Sydney etc, but the key to frugal living is living a minimalist life ( which is a maximalist life in ways like freedom), living like a local, not doing a lot of flying and spending the bulk of your time in more rural and cheaper locations.

6a00e5502a95078833015438383aa1970c-pi

RV'S ARE PERFECT FOR RETIREES - ESPECIALLY IN EUROPE

We also think a small motorhome is the best way to vacation in Europe, and is an ideal way to keep a vehicle/home/storage unit in Europe for many road trips and grand tours of the continent over many years. We store it very cheaply when we are not there.

Camping is luxurious in Europe and these are some of our favorite sites, but you can also do it for free in many countries. Bring your kids or grandkids with free summer camps and free kids clubs or even learn a language while there. Multigenerational travel rocks!

travel makes retirement in Europe divine

ONE BASE OR MANY?

A growing number of
Americans are spending their golden years abroad and stretching their retirement savings that way. Some like to base in one place, but we like combining family travel and location independence with the concept of "many homes" plus the advantages of  being a global citizen.

travel retirement means jumping for joy

YES YOU CAN RETIRE EARLY AND TRAVEL

What is sad is most people don't realize that one doesn't need millions to live this life and if you are a curious and flexible type, it is so much easier and more rewarding than you can imagine. We travel the world quite luxuriously on much less than we could ever live at home in California.

Do you plan to retire and travel? What is your retirement dream? Are you planning for early retiremnt?

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Travel Tips & Hacks

You guys are an inspiration. I've gone through your posts and you have wonderfully shown that it is possible to live to the fullest on a minimal budget, explore and go places even with a kid in tow! Cheers.

Dan

Truly inspiring, you folks are incredible. Please keep it up!

Sunshine Suggs

Wow! What an inspiration! I love the places you visited. Your pictures are exciting!

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