Save 75-80% for five years and then quit your work and do something else. I’m not the only, nor the first one to do this.
Here are some budget suggestions for bicycle touring.
While I do feel the urge to relocate every 3-4 years, tourism/permatravel has never really appealed to me (just send me a postcard). However, I know that it appeals to many of you. You can certainly travel with a location-independent business or by working along the way, but I’d feel safer and more relaxed about it if I was financial independent.
Thus, rather than spend 5 years of my twenties to travel around before I got started on the middle class life, I’d rather work the middle class life for 5 years while saving for FI and THEN set out to travel. That way, I’d know for sure that I wouldn’t have to come back unless I wanted to.
Originally posted 2010-10-06 12:32:10.