“Digital Nomads” are modernizing an age-old lifestyle, replacing spears with laptops, according to a Kiplinger article. Leveraging technology for remote work while living a location-independent life, the trend is seen as a way for early retirees to blend work with the flexibility to roam the world.
The lifestyle aligns with the F.I.R.E movement, often opting for low-cost countries as a way to invest savings into long-term financial growth.
Some 18.1 million Americans identify as digital nomads.
Key to success is a blend of careful financial planning, including multi-income streams and an emergency fund, and maintaining social connections.
My Take…
Nice article, worth a read.
Location arbitrage to save money and build your wealth is here and now. Count me as one of those “FIRE Disciples” 🙂
For more details click on the link:
https://www.kiplinger.com/retirement/become-a-digital-nomad-an-early-retirement-lifestyle
