Start of a new journey

 

Recently, I had that moment a lot of people probably do when they wonder what is next for their life.

I am early 50’s, no partner or kids (but a cat), have a decent job with a fair salary and have a sizeable mortgage.

I guess I am reasonably content but not particularly enthused. Other than owning part of a house, I can’t say I have achieved a whole lot in terms of career or tangible assets. I started to review my life and experiences & it became clear that one of the few times I was really happy and at peace was during my several visits to Thailand. I found the people, culture, food and climate really worked for me and it is where I wanted to spend the rest of my life.

The problem is, I don’t have the money to retire there anytime soon. My savings and superannuation is on the low side. I have a reasonable amount if equity accrued in my house but not near enough to let me retire unless I want to be homeless after a few years.

I estimated I need approximately $500K to let me live fairly comfortably in Thailand without having to check my account balance every week. The other part of the equation is I want to retire there in 5 years. The numbers definitely don’t add up!

My blog will be partly about my journey to my goal of early retirement to Thailand, changes to my financial habits and other things I do to save and earn money.

Over time, I hope I find a few people to follow the process and keep me accountable, so I don’t lose focus when I can’t see the light at the end of the tunnel and it gets too hard.

It all starts today!

 

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Author: The Frugal Batchelor

Hi, my name is Scott. Batchelor by situation, not by practices. Used as a means to indicate that I am approaching my blog from a single persons perspective and any successes or mistakes will be the choices I make. Live with my cat Minty. Finding the days becoming very samey. Looking for the next step in my way through early retirement to Thailand. Don't have the money to do it and don't know where it will come from. Passion and commitment will find me the way.

2 thoughts on “Start of a new journey”

  1. Hey, I cam across your blog through “First Friday!” I look forward to hearing more about your journey to early retirement! Good luck

    Like

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