Selling Everything and Moving to Panama | Jim White
The Financial Independence Show - A podcast by Cody Berman and Justin Taylor - Wednesdays
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Today's episode features Jim White from Route to Retire. We're continuing our series on geoarbitrage which is the act of purposefully moving to a location for monetary benefits such as lower cost of living or tax treatment. Jim and his family utilized a traditional corporate job to amass a nest egg large enough to retire in his early 40s. They were conservative enough to save for a life in the U.S. but wanted to find a lower price point abroad. Jim poured over the research and took a successful test run to Panama. The rest is history and Jim and his family now live there full time. They live a vacation life on an ordinary budget. Take a listen and consider where you'd move if you had the freedom. Links From the Episode * Follow along with Jim's Net-worth * Roth IRA conversion calculator * Cost of living in Panama * Investment drawdown plan Join the Community We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! * Grab our FREE Budget Planner * Join our Facebook Group * Leave us a voicemail * Send an email to contact [at] TheFIshow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here << Learn More About Your Hosts Fly to FI (Cody’s Blog) Saving-Sherpa (Justin’s blog)