Canadian CoastFire abroad
Looking to coastfire in 1-2 years. Looking for a sanity check on my plan. I currently own a business in BC. Completely burned out from the increase in housing , food and everything else. No hope of owning land here and putting down roots so I’m looking to travel around and see what my options are elsewhere.
Mid thirties male , networth $850,000. Currently $600k invested and the rest is on corporation account. I would invest the rest of these money into equities once I am done with the company.
Plan would be to use $200k and invest in dividend paying ETF’s such as QQQI. I would balance this with a few other similar ETF’s. The income from this I would use to live off of while I travelled. The rest I will keep invested in equities and not touch it.
Once I get settled and established somewhere else I would go back to equities as I am looking for growth still.
I also have enough travel points to travel for free for atleast one year or more.
Has anyone done anything like this and is this do able ?
Posted Jun 23, 2025, 4:31 AM UTC