About seven
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 2017, our average
spending for 27 years of financial independence or 9855 days, is
$22,588 annually or $61.88 per day. This is an increase of .85 cents per day over 2016 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 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 City,
Oaxaca, flew to the beach
on a
private plane to
Puerto Escondido, visited
Tapachula and the States. The year before we enjoyed
Panama, the
Dominican Republic, and stayed in
Naples, Florida for 5 months to share with family and
friends.
We
self-insure for health care, taking advantage of
medical services in the countries where we stay. Now, since
we are 65, 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 couple of 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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