From Valencia to Madrid: Strategizing (Your Situation)
For a review of what we’re doing here and what we’ve done, see the first four posts of this special February series, on location in Spain and, eventually, Italy.
This is post #5 of 20 for the month of February.
In addition to photography and highlights from the cities we visit and a breakdown of how we spent our money each day to compare the cost of living in Spain and Italy to the U.S. and elsewhere, each post includes:
A Never Retire checklist item. A total of 20 practical money/work/life-related boxes you need to check to live the semi-retired life you wanna live now and for the duration.
In March, I’ll do 20 posts in 31 days, meticulously detailing each of the 20 items.
Today’s Never Retire checklist item: Strategizing your situation.
Assess. Acknowledge. Accept (embrace!). Theorize.
For one of the biggest decisions we’ll make in life—how to manage our work and money now and for the duration—most people don’t take methodical steps. They don’t assess, acknowledge, accept (embrace) and theorize before they strategize. And the strategizing often follows a standard formula of going through the traditional retirement motions.
Invest $500 a month, every month, for 30 or 40 years, then see what happens.
Post #5 in March details the see what happens part in traditional retirement, focusing on what can go wrong over those 30 or 40 years. Then, it outlines strategy for when you determine—once and for all—that you’ll Never Retire.
Now final thoughts from a suddenly rainy Valencia.
Including a first for me that we just stumbled upon and what we spent on a quick trip to the grocery store, as we head out for five nights in Madrid.
