Like I said, for me the money will probably run out, but I continually bump into people where that is not a problem. They will do this for the rest of their lives.
> you are subject to their laws and at the mercy of their justice system.
While that's true in theory, in practice there is a hell of a lot of freedom here on the ground. It's extremely rare that I don't do something because "it's illegal" - i.e. riding on the top of a truck with no seat belt, riding a motorbike with no helmet, and basically anything else you would want to be doing.
There is a lot of personal freedom in Africa (& Latin America)
Some are retired, some have or had businesses, some are just renting out their house they already own.
Because driving around the world only costs something around $1500 - $2000 USD /mo, any kind of "good" retirement from a first world country is a LOT more than you can ever realistically spend. You bank account will always go up.
> Because driving around the world only costs something around $1500 - $2000 USD /mo
If you're in a smaller vehicle like your Jeep I can see it being under $2000/m. The retired people in giant Unimog overland trucks can spend hundreds per month on fuel alone. Maintenance on those trucks is expensive too.
I do spend hundreds per month on fuel alone :) It's by far my biggest expense.
I get around 16-18 mpg in the Jeep (it's heavy). Most Overland trucks I talk to get around 12-14mpg. They are also diesel, which is cheaper in virtually every country in the world.
Maintenance can be a thing for sure, but also remember something like a big Merc truck or unimog is designed to go 200k kms easily without any real work done, where-as my Jeep is not nearly that durable.
Remember too, that $/month is almost entirely dependent on how far you drive each month, given that fuel is by far the biggest expense. If you have all the time in the world, you can drive hardly at all and just spend $1000/mo :)
Not sure why I got downvotes. I live in a shuttle bus with a similar running cost to an overland truck. Massive offroad tires are $500-1000+ each. The engines hold gallons of oil and changes cost over $100 for materials. They typically get 8-12mpg.
If you stay parked somewhere for a long period of time sure, your costs will be low. But in that case it doesn't matter what you're living in, maintenance costs will be roughly the same.
Unimogs aren't very big, especially not compared to modern full size SUVs. I don't have one (wish I did!), but I doubt that the maintenance is difficult: I already repair all our vehicles except the newest one that's still under warranty.
[edit] However the prices have increased since I last looked. A truck dealership near me used to sell them, but not for $100k+
A 1960's Unimog may not be that large but those aren't what we're talking about. Most overland trucks you'll find in Africa and South America are modern cab-over 4x4 chassis (Unimog, other Merc models, Mann, Fuso, etc), in the range of 20ft (6m) long, 8ft (2.4m) wide, and 10ft (3m) high. The cutaway chassis alone is $50-75k new.
> you are subject to their laws and at the mercy of their justice system.
While that's true in theory, in practice there is a hell of a lot of freedom here on the ground. It's extremely rare that I don't do something because "it's illegal" - i.e. riding on the top of a truck with no seat belt, riding a motorbike with no helmet, and basically anything else you would want to be doing.
There is a lot of personal freedom in Africa (& Latin America)