Somehow I Got Asked Back on “What’s Up Next?”

What's Up Next? - Geoarbitrage Podcast

Somehow I was able to get invited back on the “What’s Up Next?” podcast… who’da thunk it?! You’d think after Doc G and Paul Thompson had me on their “What’s Up Next?” show the first time around, they would’ve learned their lesson.  Not so much! To top it off, they invited my better half to be a part of it – maybe they were thinking that through the law of averages, Lisa could help bring me up a little more. Well, here’s the good news – I think it went well.  It was Lisa’s first podcast appearance and it’s awesome that you get to hear her perspective on the changes in our lives as well. Similar to the other episodes

Our Return Trip to Panama – How We Saved Thousands

Our Return Trip to Panama – How We Saved Thousands

This return trip to Panama is well overdue.  We had a blast, but we’re whupped and ready to get back home (we’re finally starting to get comfortable calling Panama “home”). We spent over a month in the U.S. enjoying time with friends and family.  Then we took a roundtrip Caribbean cruise out of Miami. Who’da thunk that we’d be ready to go home after so much fun?!  But we really are – it’s time to enjoy the holidays together and get back into our normal routine. Today, I’m going to tell you a little bit about what the trip was all about and how we managed to save thousands of dollars coming back.   Why we left A lot of

How and Why We Changed Our State of Domicile

How and Why We Changed Our State of Domicile

One of the things we did before we headed to Panama was to change our state of domicile. If you’re not familiar with the term, your state of domicile refers to your principal place of residence.  If you leave for a while, it’s what can be thought of as the place you would return to afterward. In other words, it might be considered your “home base” in the U.S. – your permanent place of residence. For snowbirds that head from Ohio to places like Florida during the winter, their home in Ohio would more than likely be their state of domicile.  It’s also the state you’ll be taxed in for any income earned (though other states you reside it might

Uh-Oh… Our Retirement Expenses Are Higher than Expected

Uh-Oh… Our Retirement Expenses Are Higher than Expected

Retirement expenses are a tough one to plan for in life. You can budget for what you think your expenses will be, but you really don’t know if they’ll be more or less.  The biggest reason is that your life will likely be dramatically different at the time. This is probably even more on par the younger you are when you leave the workforce because you’re likely not going to be resting on your laurels.  Not only would you be trying your hand at all sorts of projects (some that cost money or transportation), but there’s a lot more time for changes to occur. And by changes, I mean that you have a longer amount of time for your likes

The What-Ifs of Moving to a Different Country

The What-Ifs of Moving to a Different Country

Recently, my friend Lisa from the Mad Money Monster blog wrote about the “what ifs” on moving to a different country.  It was appropriately titled The What Ifs of International Geoarbitrage And Early Retirement. There’s a lot of talk on the Internet, particularly in the personal finance community, about the idea of geoarbitrage.  That’s the strategy of moving to another location, domestic or abroad, to take advantage of the lower cost-of-living and move ahead financially or possibly retire early. It was a great post!  I love it because it raises a lot of questions that many people are thinking when they even consider geoarbitrage.  And she wasn’t trying to say whether or not moving to a different country is good

10 Reasons Not to Live in Panama

10 Reasons Not to Live in Panama

Life’s not all a bed of roses here in Boquete.  I thought today that I’d share some reasons not to live in Panama. So far, living here has been a wonderful experience for me and my family.  It definitely was an adjustment (and still is occasionally), but just being a part of a life that’s so different than we’re accustomed to is both interesting and amazing. A couple of weeks ago, I talked about The 7 Reasons I Love Living in Panama as an Expat.  Between the perfect temperature (at least for me!) in Boquete where we’re living, the mountain scenery, the cost of living, and more, we’ve been very happy. But there’s no perfect place and I thought I’d give