The Financial Independence Show

Selling Everything and Moving to Panama | Jim White


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Today's episode features Jim White from Route to Retire.
We're continuing our series on geoarbitrage which is the act of purposefully moving to a location for monetary benefits such as lower cost of living or tax treatment.
Jim and his family utilized a traditional corporate job to amass a nest egg large enough to retire in his early 40s. They were conservative enough to save for a life in the U.S. but wanted to find a lower price point abroad.
Jim poured over the research and took a successful test run to Panama. The rest is history and Jim and his family now live there full time. They live a vacation life on an ordinary budget.
Take a listen and consider where you'd move if you had the freedom.
Links From the Episode
Follow along with Jim's Net-worth
Roth IRA conversion calculator
Cost of living in Panama
Investment drawdown plan
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