Monday, October 2, 2023

A Nomadic Retirement Life…

So what is a Nomadic Retirement Life (NRL)?

That means we will spend different periods of the year in different parts of the world, preferably where the climate is optimal for that period of the year. 

We can be in Tokyo from April for a few weeks, watching the sakuras and chasing it north until ending up in Hokkaido by June.

Ueno Park, Tokyo, Japan in April

Lake Shikaribetsu, Hokkaido, Japan in June

As summer approaches we will return to Singapore for a couple of weeks before going to Melbourne or Sydney for Spring in the Southern Hemisphere to enjoy the cooler climate. 

Three Sisters, Sydney, Australia in June

Towards the end of the year we can choose to reside in Hiroshima, Fukuoka or Jeju to enjoy the cold, yet not freezing, winter~

Itsukushima Shrine, Hiroshima, Japan

Jeju, Korea

Kurokawa Onsen, Kyushu, Japan

Staying an extended period of time away from Singapore allows us to immerse ourselves in the lifestyle of the locals, not having to rush for that next flight, or to repack our belongings into the luggage every other day. It is a lifestyle that is impossible while still running the corporate rat race with the limited vacation leave. Another benefit of extended long-stay overseas is the potential to stretch the Singapore dollar to its maximum cost-performance.

Of course such a lifestyle is going to cost a bit of money to finance. Not to mention all the logistics like booking accommodations and travel insurances. Apart from that there’s still the little problem of maintaining an address in Singapore and whatever health insurances to cater for the unforeseen.

Annual expense

  1. Health Insurance
  2. Housing
  3. Transportation
  4. Daily Living Expenses
Travel expense
  1. Travel Insurance
  2. Overseas flight ticket
  3. Local transportation
So as dreamy as NRL sounds, I believe its actually achievable with a bit of planning and discipline. We intend to work for another 10-12 years when the kids would (should...) be independent and we have paid up all (or most) of our mortgages. 

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