The Cost of Living in Panama… Geoarbitrage at Work!

The Cost of Living in Panama… Geoarbitrage at Work!

Ah, the cost of living in Panama… something I should have posted about months ago. As my long-time readers know, the Route to Retire family has decided to move to Panama in a couple years as part of our FIRE plans.  I’ve also talked about how inexpensive it can be to retire to a place like this. It’s interesting that you can actually take advantage of the difference in living costs between two locations to help you financially.  And there’s actually a term for this – geoarbitrage. It might be done to live on less money.  Alternatively, it might be to have the ability to afford the “greater things in life” you otherwise couldn’t afford. You see that used quite a bit on

Backpacking Trip… Cross It Off the Bucket List!

Backpacking Trip… Cross It Off the Bucket List!

I’m no Mrs. ONL when it comes to the outdoors, but I do enjoy some outdoor time when I can find it.  And there’s been one adventure that’s been on my bucket list for quite some time now. I love camping and enjoy the idea of some of the disaster preparation and survival shows.  So why not combine the two with a backpacking trip for a couple nights? This trip has been in the making for a few years.  Every year though, it seemed to fall apart for one reason or another… until this year. I went with a buddy of mine.  I thought about calling him by his first name in this post, but then I decided that might not

Panama Vacation – Part 2 – Boquete

Panama Vacation – Part 2 – Boquete

In my post, Panama Vacation – Part 1, I talked about the first half of our trip to Panama.  If you haven’t read it yet, I recommend you check it out… a lot of good information on Nueva Gorgona and Anton Valley.  But now it’s time for some Boquete talk and that’s what I’m excited about! After initially getting everyone on board for the idea of this trip, I started researching.  I dug into a lot of areas in the country that interested me as a potential place to retire and we all tossed around our different ideas. Finally, Mrs. R2R and I proposed an itinerary to my brother and sister-in-law.  It involved the hot sun, ocean, and beaches of Nueva

Panama Vacation – Part 1 – Nueva Gorgona and Anton Valley

Panama Vacation – Part 1 – Nueva Gorgona and Anton Valley

We finally made the trip I’ve been waiting for… our Panama vacation!  And guess what – it was awesome! Because there’s a lot to cover, I thought I’d break this up into a couple posts.  This first post will cover the first half of our trip and the second post will cover the second half – easy enough, right?  🙂 If you’ve been following my adventures, you know that I’ve been doing a lot of digging to determine if Panama is the perfect place for us to retire.  You might also know that I’ve become a lot more serious about the idea over the past year. Well, reading’s not enough, so taking the trip was the best way to determine

Panama Vacation Booked… Check!!

Panama Vacation Booked… Check!!

Well, we’re making it happen… we just finished booking our Panama vacation. I’ve heard all kinds of good things about the country for retirees and it’s really peaked my interest… enough so that we’ve been digging into the idea for quite a while now. We’ve learned quite a bit more about the country since I wrote my post “Is Panama the Right Place to Retire?“ a year and a half ago. We’ve been reading everything we can find out about the country and I talked to someone who lives there to get some feedback as well. Through our digging, we now have a better idea of the geography and the places that seem intriguing to live.  We also have a somewhat better understanding

2017 Personal and Financial Goals

2017 Personal and Financial Goals

Well, it’s 2017, which means it’s time to take stock of how your previous year went, but more importantly, you should set your sights to the future and get your personal and financial goals put in place for the year. Here are my plans for the year… My 2017 Financial Goals   Buy another rental property Buying rental property is an important stream of passive income that I’m working on building.  Currently, we own a couple of rental properties – a single-family house and a duplex.  They’re both filled and the duplex brings in a much better cash flow, but either way, I’m happy with the direction things are going. But now it’s time to expand.  One of my financial goals in the long-run is