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Money For the Rest of Us

Should You Retire Early and Live Outside Your Home Country? with Joshua Sheets

Money For the Rest of Us

J. David Stein

Economy, Economics, Investing Podcast, Business, Investing

4.31.3K Ratings

🗓️ 8 January 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

In episode 506, Joshua shares the pros and cons of living outside of your home country. He convinces David why he needs more than one passport. Finally, Joshua makes a strong case for not retiring, and if one does, under what circumstances.

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Show Notes

https://www.radicalpersonalfinance.com

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Transcript

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0:00.0

As a long-term investor, you need long-term insights. Use Asset Camp to look past speculative

0:05.8

market hype and understand past performance, current trends, and model expect returns for stock

0:11.5

and bond indexes. Markets move in cycles. Don't miss what's next. Get a seven-day free trial at

0:17.8

assetcamp.com. That's A-S-S-S-E-T-C-A-M-P.com. Welcome to Money for the rest of us.

0:25.9

This is a personal finance show on money, how it works, how to invest it, and how to live without

0:31.4

worrying about it. I'm your host, David Stein. Today is episode 506. It's titled,

0:37.0

Should you retire early and live outside your home country? Seven years ago. David Stein. Today is episode 506. It's titled, Should You Retire Early and Live Outside Your Home

0:40.2

Country? Seven years ago in 2018, LaPril and I spent five months traveling through the southern

0:46.3

portion of the U.S., visiting family and friends, holding meetups, and exploring the country.

0:52.4

While in Florida, we visited with Joshua's

0:55.0

sheets and his family. Joshua is host of the podcast and education platform, Radical Personal Finance.

1:02.0

We have known each other for over a decade. During the visit, Joshua and I recorded episode

1:06.2

250 of money for the rest of us, the great national debt debate. Surprisingly, if you have listened

1:13.5

to my three-part national debt series from last year, especially the finale, episode 479,

1:20.0

my views have changed somewhat from what I expressed in episode 250. I am more concerned about

1:26.0

the U.S. national debt today than I was seven years ago.

1:29.8

In that episode, Joshua was a bit discouraged about what he saw as a lack of freedom in the U.S.

1:35.7

Less than a year later, he left the U.S. with his family, and they have lived outside of the country for over five years.

1:43.8

During the holidays, Lepro, and I spent some time with Joshua, his spouse, and five children.

1:48.8

Joshua and I recorded another episode together.

1:52.0

I was intrigued about how his views had changed in the last seven years, most of which he

1:59.1

has spent outside of his home country. His views have indeed

...

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