What’s your plan to achieve this objective?

  • Yote.zip@pawb.social
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    1 year ago

    One of the more realistic answers that isn’t a get-rich-quick-scheme is to invest your capital and retire early, aka “financial independence”. If you’re young and don’t have a super low salary, you can invest as much as you’re able into index funds every year and still retire way before 65 (even with a salary of e.g. 50k). It takes commitment and a little bit of frugality though. On a semi-related note, “LeanFIRE” describes an even earlier retirement where you retire with just enough to live off of, and probably make some concessions in return for retiring sooner.

    Not a very “immediate” answer, but if the thought of working yourself to death your entire life is the primary concern, then this is an early way out.

  • Carsonian@lemmy.ml
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    1 year ago

    Here’s a few options I have…

    Save as much as possible and take it all to much cheaper countries. Vietnam, Indonesia, etc you can live for years on the savings from a year or so of work.

    Buy cheap land and homestead

    Monastery or communal living

    Volunteer with WWOOF or workaway long term

    Work seasonally take the rest off. Firewatch, ski bum, etc

    FIRE as mentioned in another comment. Takes a longer time but if you are super frugal and have a high salary actually very doable in 5-10 years. I suggest looking at mr money moustache.

    Also dropping out. Look up how to drop out there’s an old famous article about it.

    Overall read Early retirement extreme it gives lots of good ideas too.

    After looving at various possibilities for a few years I am much more hopeful cause I realized there are tons of realistic options!

    • MiddledAgedGuy@beehaw.org
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      1 year ago

      I would think long and hard about spending years in a foreign country. While admittedly I haven’t done so myself, I’ve traveled to some of the kinds of countries you’re thinking of and talked to and observed expats in those places and it seems awfully lonely. There’s a cultural and, I assume, language barriers that’ll make you feel like an outsider. You may find a community of others like yourself, but still you’re likely to struggle to make meaningful relationships. Sure, working for the man sucks. But I’d argue crushing loneliness might be worse.

      Of course I’m applying my wants/needs and my experiences to your situation. Maybe that’s not a concern for you. Maybe it’ll be the best thing you ever did. But it warrants consideration. The grass isn’t always greener on the other side.

      Also something to be mindful of is in some countries foreign individuals can’t own land.