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

Money For the Rest of Us

This podcast episode features an interview with Joshua Sheets, a financial planner, discussing his changed perspectives on national debt, the benefits of US citizenship, and the FIRE (Financial Independence, Retire Early) movement after living abroad for several years. Sheets argues that while living abroad can offer short-term cost savings in areas like housing and domestic help, the overall quality of life in the US often surpasses that of other countries, especially considering access to amenities and conveniences. He also advocates against traditional retirement, suggesting people should only retire *to* something fulfilling and after thoroughly testing that alternative lifestyle. He emphasizes the importance of having options and multiple citizenships/residencies as a form of insurance against unforeseen political or economic instability in one's home country.

Takeaways

Outlines

Q & A

Preview

How to Get Rich: Every EpisodeNaval