Early Retirement Full Time Travel Budget | How Much Money Do You Need
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- Опубліковано 26 вер 2024
- In this video we share our early retirement full time travel budget. We travel to countries such as Thailand, Vietnam, Italy, Japan, Colombia and Malaysia.
www.groundedli...
Finally! Found a channel were actual dollar amounts are discussed! Thank you so much for your straight forward information. can’t wait to watch more.
Thanks for watching
As part of my retirement plans and also owing to the very shaky housing market now, I just sold a property in Philly and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains in months, I'm really just confused at this point...
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge, And it also all depends on how long you're willing to hold for, stocks might likely tank further, but making serious gains in this downtrend wouldn't be a problem if you're a pro...
@@EdwardWells-bj4eh Reason I decided to work closely with a broker ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings...
@GiovanniJakob Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Victoria Carmen Santaella” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up....
We plan to do the same. Have been on dozens of trips now so we have our legs under us. We go to a bit more expensive places in Ireland and Scotland but allocate 20-25K a year for travel. That gets us 4+ months of slow travel. The rest of the time is spring and fall where we live and we love it so we will stay home for those and the holidays while our folks are still around. Then Jan, Feb somewhere milder like panama, costa rica, New Zealand.
Thanks for your video and the information you provided. We to have retired and are traveling the world and loving every moment.
I’m waiting for my kids to get bigger but this is so inspirational! Thanks for sharing all this info.
You are so welcome!
These are great videos. I thought that it would require a much higher budget but this is very doable. I am using the information to put together a list of tasks and a timeline for traveling. Thanks!!
Thanks!
Thank you, both! 😊
Our pleasure!
You two have amazing content, I'm glad I found your channel.
Thanks so much!
Great video. Sounds like $4k/month is the "sweet spot". Nicely done!
Yes, we think so
Nice video! We met you guys briefly on the Venezia from Barcelona. You have a great channel. My husband and I are part time nomadic slow travelers also. The Carnival cruise was our first cruise and after eight months of SE Asia and European travel. We are early retirees too but I think a bit older than you guys. We also try to stay 28 days at Airbnbs when we can.
Awesome! Thank you! Hope you had a great cruise!
This has been extremely helpful. Thank you ❤
Thanks for watching!
Good to note that this is for 2 people as well.
Yes, 2 people
Early Retirement full time final end travel again for continue helping.
Where are you from house ? Where are you from city?
Somewhere, someday, sometime. Allie, Rob, Robert (myself), and my Wife will bump into each other in a 7-11 in Bangkok, or Rome, or somewhere. Got it. Looking forward to sharing a Big Gulp with you. Robert in NYC.
Let's make it a Super Big Gulp! Haven't had one of those in years!
Love you two. Thanks for your views .
Thanks!
Yikes. $1,500 a month for airbnb in europe only gets you a room and nothing else. It's gotten way too expensive.
If you get out of the EU and into surrounding countries, it is way less. We are full time travellers currently living in Saranda, Albania and a months rent here is about $450 USD. We would NEVER pay $1500 USD a month.
How do you guys do your snail mail or what do you use for a home address when filing out forms?
There are mail services that will collect and scan your mail for you. That is what most do in that situation.
This has nothing to do with Time Travel. I’m very disappointed.
Are you including your credit card annual fees in your budget? Thanks for sharing with us!
Yes, they are. But we also offset that with the free nights and rides we get on trains.
Are any tv shows in other countries in english
Recently found your videos and very mich like them! We've been nomads a bit over 3 years now, done a lot of pet sitting and also like cruises. A 45 day cruise with balcony sounds like a fantastic deal! May I ask what the ship and journey was? Thanks!
Thanks! It was actually 5 back to back cruises
5 back-to-back cruises?! WOW! I especially like Cruiseplum for searching and it seems to have a cool way of tracking for possible back to backs. I also like you can do searches and save them and - most of all - it gives the TOTAL cost in the search including gratuities and port charges. Is there a search engine / site you epsecially like?
@@GroundedLifeRetirementTravel
Thanks for the video,
I want to know if the $4k a month includes getting to your overseas destinations?
Also, have you guys been to Australia/ New Zealand yet?
If not, we are cruising in Mar/Apr 2024 for 28 days, and it's coming in at about $4500, not including tips.
Great way to see that part of the expensive world!
Awesome, what cruise line are you going on? Yes, we generally include flights in costs, but often use points.
@@GroundedLifeRetirementTravel Carnival Splendor is the ship. Not sure if you guys have been to Australia but its pretty expensive for basically everything.
We haven't but watching other videos its not cheap!
Below are our cost note this is based on $400AU credit per cruise so it could be even cheaper, if you when with the basic cruise fare.
COST
1227.08 - 8 Days South Pacific
4 Days gap to visit Sydney
1688.24 - 10 Days New Zealand (Northern)
1767.06 - 10 Days Great Barrier Reef
4682.38 - Total for 28 days
less $264 US credit per each cruise as on board credit which you can use to pay for tips
❤
From your experience, someone doing this solo would spend about half of what you do? Or are there some expenses that can’t be reduced by that much?
Great video and very helpful. Question, you mentioned you were on a cruise for 45 days? Can you share any details. From and to, cruise line, cost etc. Thanks for your help
Yes, it was 5 cruises actually around Florida and then to Europe and back. We have a cruise channel, Grounded Life Cruises, where they are all in great detail!
Thanks friends. You mentioned a sim card for each country. Why is that needed?
what phone plan works for all these countries
Would you share how you buy stock. Can you share the name of your broker? Is there a website? Thank you.
You could go to the websites for JP Morgan, Charles Schwab, or Fidelity and it will give you all the info you need.
@@GroundedLifeRetirementTravel Are you able to say which one you use? Thank you.
Is that $4000/month before or after taxes?
I'm starting a travel blog, hopefully eventually moving to Full Time traveling. So my question is, are your online business at as LLC's? Or some other entity?? Since you live in the road, just curious where you set up your LLC? what state? I'm sure it's in a state with no state income tax. Just curious how you guys handle all this. Thanks.
How much for a single person do you think?
Thanks. So your budget would translate to $2700 for a solo traveler.
Might be more than that; lodging seems to be the largest item cost of the budget and there's rarely a discount for solo travelers. Just my opinion.
@@live2thefullest617 there is never a discount for solo travellers, nor a surcharge for 2. The price is the price. The exception of course is a hostel which is paid per person.
Are your cost per person or per couple?
Per couple
So very happy to have found you here... How much would this budget change for a solo person please?
Thank you for the candid and informative discussion. I'm considering do this alone and I'm wondering if you think $3000/month would still afford a single person the same lifestyle that describe?
Yes, it should
Great info. We were wondering about the travel cost to and from your destinations. How do you calculate those into the monthly budget?
thanks
We have a rough idea of what it'll cost ahead of time, but we go in a logical order, staying in the same continent as long as possible to keep the cost down.
You two are great. Were from Atlanta as well spending the summer in Thailand. Will you be back here this Summer?