Early Retirement Planning

It was early Summer of 2009. Weather in Alberta has vastly improved which was great. Winter was long and tough this year – temperatures did not go above -30 Degrees Celsius for two months. Having summer with lots of sunshine and steaming temperatures felt uplifting. Meantimely, my mind was on a rollercoaster. Resumption of travel after many years of having been nowhere brought breath of fresh air to my thinking. My body was back in Canada from Iceland, but my mind was still on the road. Within a span of last few months I travelled to Cuba, the Dominican Republic, Iceland, Toronto and the Rocky Mountains. I loved it to bits and continued travelling in my mind. My time off work was spent on the computer, discovering places I would like to visit next.

I wanted to travel more. I needed to travel more. And now that the value of time and the idea of early retirement became well defined in my mind, I started to plan my exit from work and entrance into the world of travel. The way I saw it was that I needed to come with a strategy to quit work as soon as possible while causing as little uproar and talk as achievable. At the same time, I was gonna dedicate maximum of my off work time to the growth of my websites that bring the most revenue while entertaining offers for sale of websites that were more popular, but brought little revenue. I needed more positive cash flow which could be done by focusing on 20% of my revenue generators that generate 80% of my revenue and eliminating the costs associated with ownership of low income generators. And among all the essentials, I needed to find time to figure out where to go to start my tour around the world while keeping the cost of travel as low as possible.

Traveling frugally is not difficult at all. Average person could spend thousands of dollars for a vacation, but smart traveller will find a way to spend one quarter of that but will get four times as much. I laugh at people who pay retail prices for plane tickets, hotel reservations or car rentals. They are voluntarily ripping themselves off. It doesn’t take much. Scoring awesome travel deals is really easy, but I will elaborate on it in more detail later.

Planning my early retirement was fun. I had a lot to take care of, but it was fun. It was as if I had a giant catalogue of the universe before me and my job was to pick what adventure I’m going to have next. This was the feeling of freedom. I was in charge of my life giving everybody else no chance at controlling it. No one had any say at what I should do tomorrow. It was me who decided what I was going to do and I did strictly what was in accord with my plans. The world of adventure lied right before me. I just needed to polish up a few tiny matters and then… the journey itself.

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