I'm single M. Mid 30s and have been working since early 20s. 300k in investments ( including emergency fund) and another 200k in 401k retirement .
Fully stressed out and thinking of taking a break for 2 years to decide what I want to do with life and some global travelling with points. Plan is to use 2k/mo for 24 months totalling 48k.

Any other creative ways to coast for 2 years without losing much of what I have accumulated? Or anyone did something similar to this to share your experiences?

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Health is #1. Do it.

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Do it!

You can do Workaways here and there to save money if funds get tight (workaway.info). Exchanging part-time work for free housing and often meals for a few weeks or months. Anyone can host, so the “jobs” are things like helping with grape harvest in Bordeaux, au pairing in Paris, volunteering at an elephant sanctuary in northern Thailand. Great way to have a truly local experience and meet people while getting free basics and only working 4 hours/day.

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A2 - Was it an loa? If so, how easy/difficult to get the approval?

Remote part time work with your own team.

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Full time on my team is 12 hours. Part time would be 6 hrs/day and I don't think that will reduce the stress either.

Try to figure out what you’ll do for health insurance.

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I’m surprised you can find health insurance that cheap

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While you are chilling with no income take advantage of your low tax bracket and convert your pretax 401k into Roth

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Haven’t done it myself at this stage of my life, but is work and travel an option? This way you could leave your funds almost untouched and it’s probably not too stressful compared to a corporate job. Alternatively, remote gigs related to your area of expertise are probably more lucrative, but at the same time more stressful.

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Traveled solo for 5 months pre-covid and biggest expenses were flights/trains and then food in HCOL cities. Are you planning to stay in hostels? Depending on where you go, you could see nightly bed cost $7-$60. Some people work part time at hostels to pay for their stays. Others took part time jobs in cities doing construction/waiting tables. Met one or two that were doing part time 20hrs/week at a corporate job for half pay. I spent $10k across 6 months but could have done it cheaper if I didn’t move around so much. Feel free to DM with any questions :)

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Sure. Thanks

Why not freelance some work? Find remote work that you can do anywhere. Lots of interesting temp work abroad.

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Can you rent out your current place or airbnb it out? With the help of a property manager, this could bring in extra money while you’re abroad.

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Start with ACN’s future leave. They support health insurance.

Future leave is only for that calendar year PTO? Or have I need to check something different? Any pointers?

Negotiate a sabbatical and start with a month. Everyone is feeling massive burnout as a result of COVID. 2 years is a lot of time and I assume it will get very uncomfortable not having income for such a long period.

I think you should do it! But budgeting 2k/month seems a little low depending on lifestyle you're looking for as you travel. I spent about $4k/month for 3-4 months after I quit my last job in 2015. I spent an avg of $100-150/day for entrance fees to museums/churches/etc., hotel, transportation, food, entertainment as I toured around Asia and Italy. I guess it depends on how much you'll be moving around (train/plane tickets) as well as if you're OK sleeping in hostel bunks vs private room.

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