The Bottom Line: Budgeting for Retiring Abroad


“Don’t tell me what you value, show me your budget, and I’ll tell you what you value.” –Joe Biden

 

One of our biggest challenges in planning for retirement abroad was creating a realistic budget before we jumped into a new life. After our ‘pretirement’ experiment in Nicaragua in 2004-05, we set a goal to become financially independent. Many articles have been written about adjusting and assimilating into a different culture, but few articles stress the importance of financial planning before making the big jump.

Continue reading

Ignorance is Our Deepest Secret


“There are no foolish questions and no man becomes a fool until he has stopped asking questions.” ― Charles Proteus Steinmetz

Fifteen years ago, when we explored our options to retire abroad, I joined many expat forums. Most of the forums were on Yahoo, but today you can find a variety of expat forums on Facebook.

the earth from above Continue reading