A previous post, Announcing the Six Monthers, describes our desire to move to a new location every six months. This lifestyle gives us time to acquaint ourselves with the local culture and discover places and things that are off the beaten path. This is how we did it.
First, we have no debt. All credit card balances are paid off every month. Next, we downsized. This was the most significant challenge, and sentimental value cannot be casually dismissed. Take the time to enjoy the things you have. Then ask yourself if you want to pack them with you. We made a rule. If we boxed up stuff and we did not reopen the box within a year, we did not need it. Whatever you do, do not purchase storage space because the cost of storage will soon be greater than the value of your stuff.
We are not wealthy by any means. In fact, when we first decided to move outside the United States it was because we could not afford to live most places in the States on my retirement income. Florence will not be eligible to retire for another ten years, and she would have to work full-time for us to afford living in the States, especially given the cost of health care. That still leaves many countries where we can live comfortably on my $1,500/month Social Security check. Any country where rent and utilities cost under $800/month is within our means, including Mexico where we live now, and Florence works only if she so chooses.
The fun part is deciding where to live. As you consider your options, you should also plan how to adapt to your new lifestyle. Do you need to learn a new language? If so, it is not too soon to start studying. Is hot water a luxury or a necessity? We lived in Panama for $300/month with hot water only in the shower. We saved a lot of money, but it got old after awhile. The key is to live within your means and to adapt your lifestyle to your income.
This is not a vacation. This is the part of your life you will spend seeing the world, so pace yourself. Have fun making plans. Also, be flexible and change your plans should you discover better options along the way.
Perhaps most important of all, be on excellent terms with your significant other. Traveling abroad is not couples therapy. If you think this goes without saying, let me ask this. When was the last time you and your significant other shared a confined space while it rained for several days in a row? Do you still make each other laugh?
If you would have told me two years ago I would be moving every six months, I would have laughed at the thought of it. I did not even have a passport two years ago! All I am saying is if I can do it so can you. Good luck and buen viaje!