The 2018 ERN Family World Tour

My apologies in advance to all who were expecting an update on the Safe Withdrawal Rate Series. I posted Part 24 last week with a promise to do an update this week. Well, I got distracted a little bit last weekend and the new simulations take some more time. Stay tuned until next week! What to do now? Less math, more travel! We’re planning our June-December 2018 ERN Family World Tour and I thought now might be a good time to share our plans. The locations and dates are pretty much fixed already, though some details are still being finalized.

Let’s look at where the ERN family is heading for the second half of 2018…

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Guest Post: Why geographic arbitrage is so important to retire early and what you can do to about it

Today we feature a Guest Post from my blogging buddy Benjamin Davis. A very exciting and important topic: Geographic arbitrage! Benjamin holds a Ph.D. and decided to become a landlord to retire early. He writes on From cents to Retirement, a blog about early retirement and real estate investing. He also wrote the book My strategy to retire early and runs a real estate and investment consulting business in Portugal. His goal is to build a real estate portfolio with 100 units before he turns 35 and turn From Cents To Retirement into a reference blog for early retirement through Real Estate investments, while he inspires others with his own story. Take it away, Ben!

I was born in Portugal and divided my childhood between Portugal and Italy. I lived in Canada and Germany after that. My family is Canadian and Italian so you can imagine how much I have been exposed to different cultures.

When I decided I was going to retire early, I needed to select the country I was going to live in. I decided to move to a country that would allow me to take advantage of geographic arbitrage, which is defined as the practice of taking advantage of different prices and tax rates in different markets.

There are multiple reasons why I selected Portugal. It would be very easy to talk about the food, the weather, the overall quality of life, etc. But this post is to talk about the financial aspects of this decision.Read More »

Grand Canyon Rim to Rim Hike

Mrs. ERN, little Ms. ERN and I recently headed out to visit the great American West. We visited Zion National Park, Bryce Canyon National Park, (upper) Antelope Canyon, and Grand Canyon National Park, both North and South Rim. We got a good deal on the airfare by booking way in advance, we did the Priceline name-your-own-price deals for the various hotels along the way and paid almost all hotel charges with the credit card reward points.

The trip was also a great opportunity to check off one item on my personal bucket list: Hike through the Grand Canyon from the North to South Rim. In one single day. Since I didn’t bring anybody else along for the hike (Mrs. ERN and little Ms. ERN took the rental car to the South Rim) I thought I will bring all of you ERN blog readers along for a digital ride. Not that any camera can really do the Grand Canyon justice, but I’ll try my best.Read More »