What can I do to coast off of ~$40k for as long as possible without having to get a job. I will move anywhere.
>>34590062in some european countries you could live off like 700-1000 euro per month. That would be 3+ years. If u move to some third world countries it could be even longer I think
A few years ago I had $30K in my bank account. I quit my job at Walmart, had a $400 apartment, spent $50 bucks a week on food, $20 internet, $30 electricity, and only went outside once a week to buy groceries with a $4 all day bus pass.I managed to live like that for 5 years without getting a job.I'm in the USA.
Move in with your mom. If you don't have a mom get a FAT girlfriend who will cook and clean for you and feed you and provide you shelter in exchange for love. If you are not attractive or charismatic enough to even pull that off then yeah. Id go argentina. I wonder if you could go buy property in Ukraine for nothing right now? You might be able to get a small farm in Ukraine with your 40k american lol
At a safe withdrawal rate of 4%, you could live off $1600 per year without depleting your reserve. That's more than enough for a comfortable Homeless+ lifestyle.1600/year = 133/month = 4/dayMore than enough for 3 cans of beans and a dessert.
I know it sounds good but don't do it if you can. Invest your savings