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by econgeeker 5472 days ago
We're not living like tourists, we're working, a normal life. It is essentially the same as if we'd remained in the USA and done a startup. Yes, it is true, we do take longer and more frequent "vacations" than others (but that's in part possible because we live like raman lovers the rest of the time.) I think that's just part of a good work-life balance. The thing is, if we were in the states it would still be good to take such breaks, but it is much harder.

Whenever you decide to start a company with your partner, you're making a big commitment. You're taking risk of future reward in exchange for giving up immediate high salary (but horribly no-fun corporate jobs.) Previously we'd done the corporate jobs and the startup thing, and it was time for us to do our own startup.

For anyone out there considering doing what we're doing, the budget is what matters. If you can do this for the same cost of living, or less, than living in the USA, then why not do it?

What I didn't talk about is how much income we're currently making. And I didn't mention whether we were profitable or not, or whether we've passed the income we would have been making if we'd stayed in our corporate jobs. I don't want to go into that, because it isn't really useful for anyone considering this, as you have to make your own determination, but I feel safe in saying that I expect to live more comfortably in "retirement" than I would have if I hadn't done this startup.

Finally, I'm not sure what retirement is, really. I took a long break before, and travelled, and within a week of being on the road I was exploring ideas for starting a company. I had set aside 6 months for myself, didn't have to do anything (and when I came back, I got a job quickly, with the interviewers seeing my "employment gap" as something to be jealous of.) I don't expect I will ever stop working.

But, in my "later years" I do plan to travel more luxuriously.