How this couple retired in their 30s to travel the world

first_imgby: Laura ShinJeremy graduated from college on a Friday, started working on cell phone design at Motorola on a Monday and worked 80 hours a week for the next four or five years. What fueled his work ethic was $40,000 in debt — $35,000 from student loans and $5,000 in credit card debt for food and other essentials.But his desire to keep up with his peers led him, on his $40,000 salary, to buy a new car and a three-bedroom house, which turned his previous bike ride to work into a 40-minute commute. The added debt got him to focus on his finances, so he began making models of how he could pay it off, mapped out his trajectory to retirement at 65 and began investing. He then used credit card checks charging 0% interest for 12 months to pay big chunks of his mortgage, his student loan and car loan.When he started working at Microsoft and moved from Chicago to Seattle, getting a salary bump up to $85,000, he made many of the same decisions (which he now calls mistakes) again: buying a house, having a long commute, and not taking a vacation. Three years in, a girlfriend convinced him to take his first real, multi-week vacation — to the Philippines. He spent the first week thinking about work, checking email. But the scuba diving, mangoes and and tropical drinks began to have an effect, and by the third week, he was wondering how he could live like this every day.He sold his house, began renting close to work and biking to the office. With his costs slashed, he was able to save. At a conference in Beijing, he met his future wife, Winnie, who is from Taiwan and had been saving 50% of her salary in order to travel. Now, Jeremy, 40, and Winnie, 36, are financially independent, travel the world and blog about their envious lifestyle on (The site is named for their rallying cry derived from their favorite snack on their honeymoon hiking Mt. Rainier in Washington, during which they endured bone-soaking rain and encountered mosquitoes as big as bats.)Here’s the story of how they saved enough to retire in their 30s — Jeremy at 38 and Winnie at 33 — and how they’ve been spending their money and time since. continue reading » 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more