In Nathan’s post a week or so back he revealed we actually have a long term plan, a plan he likes to call, “four years to freedom”.
I think we actually have a five year plan (as the plan culminates in 5 years, in 2020, after the next 4 years of hard work – yes I’m a pedantic wife!) so I wanted to share it with you today in the interests of accountability.
And to see whether you agree with me that it’s actually a five year plan…
I’ve already shared my plan for 2016, but it is just part of the greater plan. A plan that will culminate in our family having a gap year in 2020 and travelling around the world for 12 months.
How’s that for an ambitious goal?
We’ve always wanted to travel and have been trying to fit it in, as much as work and our finances allow. We even applied for a teacher exchange this year, in the hope that we’d be able to do a little more travel in between school terms, wherever we’d be posted. However that was not meant to be.
So, we instead looked for another way to incorporate long-term travel into our life.
And we found an even better alternative, one that won’t require Nathan to work while we travel. Instead he’s been cleared to set aside a portion of his income for 4 years, in order to have the 5th year away from the workplace, paid at the same proportional amount.
It means we can have a full year away, comfortable there will be a regular income to help keep our mortgage in the black and our bills paid.
While the next 4 years are going to be tough financially (as we have to deal with the shortfall in Nathan’s income in the meantime), this gives us a definite family goal to work towards. But it also means I need to start earning an income to help meet this shortfall, build up additional savings for the trip and establish some passive income streams so I don’t have to keep working full-time while we are travelling.
Which means a lot of work right now so we can build up these streams well before we leave in 2020.
But we’re determined to succeed.
We’ve put up big laminated maps on the wall in our kitchen so we can see what we are working towards. We’re even starting to pin some of the places we’d love to visit. Nathan inserted the first pin. He wants to be in Paris in October 2020 to celebrate our 20th wedding anniversary and to commemorate 20 years since we travelled to Paris on our honeymoon.
How romantic is that?
Meanwhile, before he clarified his thought process with me, I was cursing him for wanting to go to Paris in October when the French Open tennis is clearly held in May.
My priorities may be slightly out of whack there… 😉
While the potential for family adventure in 2020 is beyond exciting, we’re both finding it hard already, with the prospect of 4 more years of hard slog in front of us. The lure of the prize is strong but it is still a long, long time away. Nathan needs to get through another 15 terms of teaching before then. And I need to make this working from home thing actually work. Which is scaring me witless on those occasions I wake up at 3am in the morning feeling like the weight of the world is on my shoulders.
However, looking beyond these next 4 years, we are definitely ready for the adventure. The kids are looking forward to a whole year away from school (we’ll school them as we travel) and we’re looking forward to the opportunity to do what we’ve always wanted to do.
Live, love and learn in another country.
I’d love to hear from any other families that have taken the plunge and travelled for long periods of time, with kids. And I would especially love to hear about your long term goals too.
Do you have a five year plan?