The Young Professional's Guide to A Year Off
Helping young professionals plan a sabbatical, career break, or gap year to travel the world for a year.
By most accounts, my Year Off was one hell of a success. I accomplished my goals of long-term travel and exploration. I learned new skills that always interested me and I tried many new activities, gaining new interests along the way. I avoided illness and injury and financial ruin. I came back to a good…
There are many reasons to take a Year Off, some big, some small. They vary widely from person to person. But I believe there are several reasons that stand out above the rest. My top reasons to take a Year Off were to gain more experience in the wilderness areas of the world, to travel…
It’s time to let our imaginations run wild for awhile. I want you to imagine you’re debt free, and you have a great start to your retirement savings. You have enough money to cover your mortgage and all your living and “fun” expenses for a year. What would you do? Think about some childhood dreams…
It was just about a year ago that my wife, Heather, and I decided to hike the Te Araroa (TA), a 1860 mile (3000 km) trail through New Zealand. We are both very pragmatic and detailed people, so immediately a host of to-do’s flooded our minds as we entered into six months of preparation.
So how much money does it cost to travel the world for a year? For some people, a million dollars. For others, $15,000. The amount can vary wildly. I believe that $40,000 is an excellent amount to have. This will easily cover your cost of living expenses and will leave plenty of money for all…