Honest Finance: Beat Burn Rate & Geo-arbitrage

income gap. The people who make this income gap. The people who make this work financially are not the people with work financially are not the people with work financially are not the people with the biggest portfolios. They're the the biggest portfolios. They're the the biggest portfolios. They're the people who modeled their finances people who modeled their finances people who modeled their finances honestly, who have the lowest burn honestly, who have the lowest burn honestly, who have the lowest burn rates, right? The most realistic rates, right? The most realistic rates, right? The most realistic numbers, the most stress-tested numbers, the most stress-tested numbers, the most stress-tested assumptions, a genuine understanding of assumptions, a genuine understanding of assumptions, a genuine understanding of their withdrawal rate and what happens their withdrawal rate and what happens their withdrawal rate and what happens to it in a bad market before they move, to it in a bad market before they move, to it in a bad market before they move, not afterwards. not afterwards. not afterwards. All this stuff is figure-out-able, All this stuff is figure-out-able, All this stuff is figure-out-able, right? The biggest one for sure though right? The biggest one for sure though right? The biggest one for sure though is if you don't have an income plan, is if you don't have an income plan, is if you don't have an income plan, this is the single most common financial this is the single most common financial this is the single most common financial failure mode. I want to be direct about failure mode. I want to be direct about failure mode. I want to be direct about it. It does not matter how much savings it. It does not matter how much savings it. It does not matter how much savings you have. Geoarbitrage is a spending you have. Geoarbitrage is a spending you have. Geoarbitrage is a spending strategy. It makes your money go strategy. It makes your money go strategy. It makes your money go further. It does not generate money or further. It does not generate money or further. It does not generate money or create money. If you retire abroad with create money. If you retire abroad with create money. If you retire abroad with no income stream, meaning no pension, no no income stream, meaning no pension, no no income stream, meaning no pension, no portfolio drawdown, no remote work, no portfolio drawdown, no remote work, no portfolio drawdown, no remote work, no online business, nothing, you're just online business, nothing, you're just online business, nothing, you're just burning capital every month in a foreign burning capital every month in a foreign burning capital every month in a foreign country with no obvious way to replenish country with no obvious way to replenish country with no obvious way to replenish it regardless of your burn rate. So, it regardless of your burn rate. So, it regardless of your burn rate. So, I've watched people move to Vietnam, to I've watched people move to Vietnam, to I've watched people move to Vietnam, to Thailand, the Philippines with Thailand, the Philippines with Thailand, the Philippines with six-figure savings, right? Oh, it's six-figure savings, right? Oh, it's six-figure savings, right? Oh, it's cheap. I'll be fine. It'll be 2,000 a cheap. I'll be fine. It'll be 2,000 a cheap. I'll be fine. It'll be 2,000 a month, comfortable budget, yada yada month, comfortable budget, yada yada month, comfortable budget, yada yada yada.