About eight
years ago we produced this video:
Adventures in Financial
Independence where we listed our annual spending and daily
average.
We like to
keep up-to-date with our Readers as to what our current spending
is and as of the end of 2018, our average spending for 28 years
of financial independence or
10,220 days, is $22,906 annually or
$62.76 per day. This is an increase of .88 cents per day over 2017 spending figures.
At the same
time our net worth has continued to climb outpacing inflation
after spending. With over a quarter of a century of experience, I think we are getting the hang of this
lifestyle and
financial freedom.
Generally
speaking, we have been utilizing Geographical Arbitrage, living in cost beneficial countries such as
Guatemala,
Mexico,
Vietnam, and
Thailand, thus positively affecting our numbers. The
Peso-to-Dollar exchange right
now is a great deal, making
Mexico seemingly on sale.
Because of this great exchange
rate, last year we traveled from
Guatemala to
Chapala,
Mexico to
McAllen, Texas, Prescott Valley, Arizona, more travel
through Mexico to
Chacala Beach,
Puerto Vallarta, and
took the ETN bus to
Morelia, and
Patzcuaro.
The year
before, we enjoyed
Mexico City,
Oaxaca, flew to the beach
on a
private plane to
Puerto Escondido, visited
Tapachula and the
States.
We
continue to self-insure for health care, taking advantage of
medical services in the countries where we stay. Now, since
we are 66, we qualify for Medicare and no longer need to take
out a Traveler's Health Insurance
Policy from
World
Nomads to cover our time in the USA. A few years ago at age 62, we decided to
begin taking our
Social Security. Billy has made some adjustments to our
portfolio using ETFs which allows him to buy and sell in
real time, and take advantage of market downturns, as well as
market upswings.
House sitting from time to time has helped with housing costs.
We continue to eat
well, live and travel comfortably and make visits to the States
regularly
to see
family. It's a GREAT life.
If we can do it, you can too!
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