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Reinvent Your Retirement
Comfortable retirement in the US has become a pipe dream for anyone who is not super-rich. If you don't have a huge retirement savings, expect to work until you drop. But what if I told you there was a hack that could make it feel like you doubled your retirement savings? It's simple. Jump on a plane and Retire Overseas.
For 50% less than what you are spending in the US, you can live large abroad: leisurely summers exploring Europe, warm winters on sunny Southeast Asian beaches, gourmet dinners out, housekeepers, and private drivers. You don't have to be wealthy to enjoy this luxury. You just need someone to show you the shortcuts to Live Abroad.
More Freedom. More Travel. More Life
What Is This Site About?
First, tell me if this story of a "Traditional Life" sounds familiar to you:
- 1Study really hard.
- 2Go to university and get a degree.
- 3Get a “good job”.
- 4Work really hard.
- 5Buy a nice house. Drive a nice Car.
- 6Work till you are 65
- 7Retire rich. Travel the world.
This simple narrative is drilled into us our whole lives. Our parents preached it. Our friends lived it. We hear about it in the media. The financial industry makes our goals around it. This path must be the best way, right?
I was following this path and it can work. But here is the dark side the world doesn’t explain to you. A university degree and a “good job” is meant to mean a high paying job; Doctor, lawyer, software engineer and a $100,000 a year job. Let me guess. You are not making that? That is because most people are not making that either.
The U.S. Census Bureau reported in 2016 that real median personal income was $31,099.
“Work really hard” usually means long commutes in a car, sitting in a grey cubicle, and working 70+ hours a week. More than 40% of adults don’t take a SINGLE vacation day. NOT ONE DAY. No days off to visit your family, see your kids football game, or relax on a beach. It means missing out on life.
Number of Vacation Days Taken Annually (n=2000)
To live this version of success, people work an average of 59 hours per week. Many work 70 to 80 hours according to Barron's Financial and Investment News. These hours are not even the extreme. Extremes are Elon Musk (who I think is genius BTW), working 120 hours a week. Or as the entrepreneur and New Your Times best-selling author Grant Cardone states "Most people work 9-to-5. I work 95 hours [per week]." That comes out to about 14 hours of work a day, 7 days a week.
"If you ever want to be a millionaire, you need to stop doing the 9-to-5 and start doing 95."
So, this "Traditional Life” we are pushed towards means we work 70+ hours a week, with no vacation days and no life, until we are 65.
We are being asked to trade 47 Years of Work for 15 Years of Retirement???? Sounds great. Sign me up!
Ok the "Traditional Life" sounds like a terrible way of doing things. What are my options?
Financial Independance Retire Early (FIRE) is a growing movement showing there is a better way.
How Is FIRE Different?
There are two big things I disliked about the Traditional Path:
- 1The thought that 65 is the earliest we can really travel and enjoy life is a terrible notion. I guarantee you that traveling when you are 65 is much less enjoyable than traveling in your 40s. Who says we need to wait another 30-40 years, just to have some fun?
- 2Are only STEM graduates and doctors allowed to enjoy life? If the majority of the US makes less than $31,000 a year, does that mean most of the US is screwed? FIRE says no. There is a big difference between being “High Income” and being “Rich.” It’s not how much you make, but how much you keep. Just because someone makes $100,000+ a year, doesn’t make them rich.
Dr. Thomas Stanley
"Those who appear the richest generally fall into one of two categories: They are filthy rich with a net worth north of $10 million, or they earn a high income but have very little wealth to show for it because they spend the majority of what they earn."
Consequently, just because you make less than $40,000 a year also doesn’t mean you are doomed to a life of poverty. There are a lot of "rich" Doctors and Software Engineers who are cash poor and there are lots of working class people who are Millionaires-Next-Door.
“FIRE” is a FINANCIAL SYSTEM that prioritizes hitting Financial Independance (FI- the first part of FIRE) way before 65. Many advocates aim for 45 years. Some even try to hit their mark before 40.
No way! It is impossible to reach those financial goals that quickly
It is not impossible. I am part of that movement. I retired at 41 years old from a corporate job and have spent the last five years traveling the world and living on sun-kissed beaches, vibrant cities, and tranquil countrysides in 40 different countries. FIRE is the system I used to prioritize my spending and maximize my investments to get me to Financial Independence.
The second part of FIRE is RE. RE stands for Retire Early. While Early Retirement is inherent in the FIRE name; Retiring Early doesn’t necessary mean “Not Working.” It means that you have reached a level of freedom, where working is up to you. A job becomes optional, not a requirement to living.
Reinvent Your Retirement really means having a Retirement Optional life. You can Retire Early and work on things you want to do, rather than working because you have to.
How Does Nomadic FIRE Differ From Normal FIRE?
Nomadic FIRE is two parts:
FIRE is the FINANCIAL SYSTEM to prioritize your spending and maximize your investments.
Nomadic is the LIFESTYLE SYSTEM that amplifies your finances. A nomadic lifestyle allows you the luxury of traveling abroad to better weather, tastier food, a more appealing social life, and a HIGHER standard of living at a LOWER cost.
How Does Nomadic FIRE Make Financially Independence Easier?
Nomadic FIRE leverages geoarbitrage to make it easier for you to save money. Simply put, If your income is $2000 per month and we can reduce your rent, food, and other living expenses by 50%, you can save more money and reach your Financial Independence faster. Nomadic FIRE uses living abroad in countries with a lower cost of living than the US to maximize your FIRE savings. This concept is called Geographic Arbitrage or geoarbitrage.
Geoarbitrage doesn’t just mean retiring on a beach in Thailand once you quit working. You can still use Nomadic FIRE while working to allow you to save more to retire sooner. Geoarbitrage is a key tenant around another movement called being a “Digital Nomad.” We will get into the pros and cons of the Digital Nomad movement (and why I HATE IT) in later articles. But the concept of Nomadic FIRE and geo-arbitgrage is a powerful tool to Reinvent Your Retirement.
Saving just $500 per Month Generates over $1.2 Million for Your Retirement
You can use being Nomadic (the LIFESTYLE system) and FIRE (the FINANCIAL system) independently. If you don’t make any changes to your income or expenses, but become Nomadic and move to the Philippines, you will be financially better off. Your money in Manila, Philippines will allow you an upgraded lifestyle with a nicer apartment, maids, and a more active social life.
If you don’t want to move, but follow the FIRE system, you will still be financially better off, as your savings and investments increase, even if you stay in the same location.
BUT, if you leverage the LIFESTYLE with the FINANCIAL system, you can exponentially change your path to Financial Independence. It is not a scam or magic trick; it’s a process. How did I do it? It isn't a way to get rich quick. But it is actually much easier than you think.
What Can You Learn From Nomadic FIRE?
- 1Change Your Mindset to Change Your Lifestyle
Every day, people like you can decide to live very different lives than the majority. The key to happily living a Retirement Optional Life is to understand what is most important to you. It all starts with understanding that life is a mind game. Start thinking differently and figuring out your priorities are how best to achieve the life you want.
- 2Admit That You Suck At Budgeting
If you were great with money, you wouldn't be reading this. It's okay. Acknowledge the suck. We live in a world where adults graduate from high school with ZERO education on how to manage their money. Most of the world lacks the knowledge of how to budget, save, and invest to get reach Financial Independence. It's okay. Nomadic FIRE is where you can learn.
- 3Grow Your Passive Income To Generate Real Wealth
The act of saving money won’t by itself make you rich. It's the crappy truth that bringing a cold sandwich from home for lunch, instead of eating out with friends might save you a few hundred dollars over the course of a year. But is a few hundred bucks life-changing money? Early retirement is enabled by growing income generating assets. How much wealth you have is not just driven by how much you save.
- 4How To Invest Your Excess Cash Successfully
You ABSOLUTELY need to learn how to invest your money. You cannot afford to be ignorant, scared, or naive about investing. Cash IS NOT KING. Instead, I will show you why you should only store cash for a short period of time until you can invest it. Investing is the easiest and most effective way to grow the money you've already saved.
- 5How to Reinvent Your Retirement by Living Abroad
I'll show you how traveling HELPS you reach your financial goals. Living overseas is actually the strongest engine and the biggest benefit of Nomadic FIRE. "Geo-Arbitrage" is the most unused secret tool to achieving Financial Independence and Early Retirement. In simple terms, I will show you the costs and detail the shockingly lavish lifestyle you can live on beautiful beaches, amazing cities, and tranquil countrysides around the world.
OK, that sounds good. But how do you know about all this? Are you full of BULLSH*T? Who are you?
Hi, I am Marco Sison
For many years I spent my life worrying about money, but now I spend my time enjoying it. I have been traveling around the world for the last 5 years, visiting 40 countries and living in . But the journey to achieve this lifestyle wasn't overnight. Very few people wake up one day and just become wealthy. It’s is a choice that you make and a way that you live your life.
Like most of you, I was stuck behind a corporate desk, with grey cubicle walls. Driving 3 hours a day to work 70 hours a week. Was I successful? Maybe, but I was not happy. No. I knew I wanted, NEEDED a different life. It took me time and a ton of hard work, but I finally learned how to reach Financial Independence realistically. I’m certainly not super-rich, but my lifestyle has changed dramatically.
What People Are Saying About Marco On LinkedIn
“…One of a select few individuals that has mastery in many disciplines. These skills allow him to be an amazing manager; but more importantly, Marco's skill set influence decisions, impact change, and has brought significant value to his business partners.”
Vice President, Corporate Development & Innovation
“…great ability to cut through a great deal of information and get to the bottom line. His financial background was very helpful in insuring profit margins were maintained. He handled complex contract negotiations and insured that the essence of what the company's needs were met…”
Sr. Vice President Global Sales and Marketing
“…outstanding leadership qualities, managing with facts and data and decision making with truth and wisdom...xcels at contract negotiating and bringing both parties together to secure the deal. He is a strategic planner, an out of the box thinker...exceptional mentor...“
Vice President Business Development
Subscribe To Nomadic FIRE And Get The Tools and Information You Need To Achieve Financial Independence
Personal Finance Courses- Online courses where you learn how to budget and invest from the ground up. I show my REAL expenses, savings, and investments, using REAL money, REAL life scenarios, in the REAL stock market to show you exactly how to save and invest like me. I will be there, every step of the way, to help and answer your questions.
Explainer Videos and Video Lessons- Easy to understand interactive video lessons cover step by step basics; from simple budgeting lessons to complex investing strategies.
Financial Calculators- Determine how much you need per month to Retire Early. Find out what age you can retire successfully. Analyze and test your investment decisions to ensure a high return on investment.
International Living Guides- Understand the costs and benefits of living in another country. Get detailed breakdowns of monthly costs including rent, meals, entertainment, and utilities. Determine what kind of lifestyle you can can afford. Learn the best places to live and what kind of life you can expect.
Learn How to Reinvent Your Retirement Even if You Don't Know Anything About Money.
When you invest in your future by changing to a Retirement Optional life, you're creating meaningful change in your goals and how to achieve them. Let me help you overshoot your goals in the right ways. Click below for weekly updates sent straight to your inbox.