In 1991, we sold our house, my wife hired a manager to run her stationary store, I closed out my building company(tough years after "Reaganomics"), and we decided to cruise
for about 1 - 2 years. Wound up leaving the boat in Trinidad, came back and worked. Next decision was to not get re-erstablished, but to cruise for 6-8 months, then work for 4-8 months. Did that until 2001, when we returned back to the States. By then we had run out of money
, had just enough to put a down payment on another house, very small, but a good investment. We both went back to what we were doing, she ran her retail store, and I started building again. After a series of medical
issues, and the changes that occurred in small retail businesses, mainly the big box stores creating an environment
that meant a very small profit margin, the store was liquidated. I continued to build, and was able to dig us out of almost negative numbers. Now in 2010, economy is terrible, people don't pay, and you have to work for nothing, we are planning to leave again this summer or fall. This time open ended. I can collect SS, so there will be a small amount of income, rental income will carry fixed expenses, and we hope to find part time jobs while still in the States.
When cruising the first time, it was almost impossible to find any income while out of the country. We will have to be more creative this next time.