Selling Everything and Moving to Panama | Jim White

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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