Travel
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FAQ
"How much does traveling cost?"
Cost of living(rent, utilities, wifi, groceries) is $500 USD per month for most countries, $1000 for most others.
"Health care and insurance?"
Health care and insurance are both pennies on the US dollar abroad via medical tourism
"What about visas?"
Usually don't need them, the ones you need are almost all entirely online now, a fifteen minute form and nominal fee that is offset by the drastically lower cost of living in that country.
"How do you make money while abroad?"
Any job that nets you $500 a month works. There are over 2 billion English students globally right now, so native English speakers have lucked into a guaranteed job on or offline.
"What qualifications do I need as an English teacher?"
Some countries and schools require a TEFL certificate or prefer candidates with an associate's degree depending on the position, but if you want to teach English, all you need is to be a fluent English speaker.
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If you save up $150k, then you can more or less sustain a lifestyle of $500/month from a relatively stable 4% rate of return investment.
You got that right, that's exactly what I recommend.
Teach English in a low cost of living country(or several), save your paychecks for a few years, stop working unless you want to.
Thailand even has a 10 year duration retirement visa where you qualify for it by being over 50 and having ~$100k deposited in a Thai bank, or ~$50k in the bank with ~$40k yearly income https://consular.mfa.go.th/th/content/80939-non-%E2%80%93-immigrant-visa-%E2%80%9Co-x%E2%80%9D-(long-stay-10-years)?page=5d68c88b15e39c160c0081e5&menu=5d68c88b15e39c160c0081e6