Joe you're familiar with the concept of geo arbitrage right?

Oh I love it.

Yes.

For the people who haven't heard of it, five seconds.

What is it?

Go.

You move to a place with the lower cost of living so that you're able to live the same lifestyle but

on a lot less.

Okay, and where would you go if you had to do that?

Let's say you needed to do it for like a year.

Oh, I like my time in Bali.

I thought that was really fun.

I go back to Indonesia.

Oh beautiful beautiful all right well we're going to talk to a couple who wants to retire on three million dollars they are

close but they're not there yet and they want to geo arbitrage in order to get to that 3 million mark.

Sweet!

Welcome to the Afford Anything Podcast, the show that understands you can afford anything but not everything.

Every choice carries a trade-off and that doesn't just

apply to your money it applies to your time your focus your energy your attention to

any limited resource that you need to manage. So what matters most and how do you make choices

accordingly? That is what this show is all about. My name is Paula Pan. I

trained in economic reporting at Columbia and I am the host of the show every other episode is

...