In the year-plus since I semi-retired, I’ve noticed something unexpected: just how polarizing and controversial the word “retire” is. (Especially among the generation older than I.) And it’s really no wonder that some people straight up scoff at retiring early, in a nation where busy-ness and overwork is a badge of honor... and when the first question we are asked when we meet someone new is, “So what do you do?" But many of those reactions confuse me. Here's why.
Last year, I shared that I socked away $30K in cash to fund my sabbatical, and I just revealed how I lived on $27K in 2022. So... $30K minus $27K = $3K left to work with in 2023, right? Not exactly. I have a few tricks up my sleeve... dominos I put in place in years past. It turns out the moves I've made allowed me to "earn" ~$13K in 2022 without a job, real estate, or lifting a finger (except for a few clicks of my mouse!).
I’m coming upon the end of my first year of mini-retirement, and as usual, I’m sharing yet another spending recap with you (as I’ve done all year long as I’ve traveled across Mexico and Europe)! You’ll recall, at the end of 2021, at age 36, I participated in the great resignation/financial independence retire early (FIRE) movement. After quitting my job, my goal for my semi-retirement was to take back my time, energy, and creativity for MYSELF, vs. my employer… and to get the most out of my travels sans the demands of a job. Now that my first year “on sabbatical” is coming to a close, here’s my total spending for the year (as an unemployed person spending five-sixths of the year traveling across 14 countries): $27,014.26, or $74 a day. This is how I lived. P.S. Want to join me for a free webinar and Q&A where I dig in deep to my budget and spending? Enter to receive the details by email.
I have another 30-day, full-time-traveler, nomad-in-Europe spending update for you! I spent most of my second month of my stint in Europe in the Balkans and Mediterranean, so you'd think my mini-retirement spending would be lower than western Europe, buuuuuuut... I had a couple bills come due and a few "splurges," like my 7-day sailing trip in Turkey. So, in days 31-60 in Europe, I spent (and please excuse me while I mentally cringe)...