Matt Viera, Esq. Profile picture
Sep 3 21 tweets 7 min read Read on X
Since 2018, I've been on 4 (month-long+) mini-retirements.

Whenever I post any content about mini-retirements, someone always asks:

“What’s a mini-retirement?”

Here's everything you need to know:
Image
“Why not take the usual 20–30-year retirement and redistribute it throughout life instead of saving it all for the end?” —Tim Ferriss

Ferriss is widely credited with creating the concept of the mini-retirement. Image
I learned of mini-retirements when I read his NY Times bestseller:

The 4-Hour Workweek

So what exactly is a mini-retirement? Image
“A mini-retirement solves the problem of the tendency most people have with only have 2-3 weeks of vacation per year”

The problem: a vacation with a daily, down-to-the-minute, packed itinerary.

A mini-retirement is an alternative to what Ferriss calls “binge travel.” Image
If traveling internationally, people may want to see multiple cities (or countries) in 14-21 days.

That's “binge travel.”

The result: you "end up a wreck.”

A mini-retirement is about doing the exact opposite.

"It is the anti-vacation in the most positive sense." Image
A mini-retirement entails relocating to a destination for 1-6 months "before going home or moving to another locale."

It is "not an escape from your life, but a reexamination of it."

“The objective is to experience the world at a speed that lets it change you.” Image
You want to travel to a place "where meetings, emails, and phone calls don't exist for a set period of time."

To do the exact opposite of your typical day-to-day routine:

• Slow down
• Explore
• Discover
• Get lost
• Live Image
Going anywhere for 1-6 months is ambitious.

For me the sweet spot is 4-5 weeks in 1-2 cities.

More cities in that time frame and it starts to feel like a vacation.

Plus, you lose a day traveling between cities. Image
All of my mini-retirements have been in European cities.

I’m the first to admit, I'm missing out on many cool travel (and mini-retirement) experiences by limiting myself to European cities.

But... Image
In terms of ease of travel, affordability, and culture, European cities make ideal destinations to:

• Slow down
• Explore
• Discover
• Get lost
• Live Image
How much does a mini-retirement cost for a month?

I can tell you that you don’t have to be a millionaire.

Here are the numbers based on my mini-retirement in 2023:
Where can you go for a mini-retirement?

The sky's the limit.

• Pick a destination you're interested in traveling to
• Buy an airline ticket (using CC rewards points)
• Find & reserve accommodations
• Go, explore, and live

Here are my top 10 recommendations in Europe:
What do you pack?

I encourage you to keep this old adage in mind when packing:

Less is more.

I only take two bags with me for a mini-retirement.

I carry both on the plane.

If you can’t carry on, you packed too much.
Ferriss recommends:

• A travel guide
• One week of clothing appropriate for the season
• Backup photocopies/scans of important documents
• Debit, credit cards, and $200 of small bills in local currency
• Electronic dictionary of the target language (Google Translate)
Additional reminders from my experiences:

• Build a travel fund 9-12 months out
• You'll probably spend less than you think you will
• Stay in an accommodation with an A/C, washer machine, and a balcony (trust me on the balcony). Image
Finally:

Don't overthink or overplan.

Remember:

"The simple willingness to improvise is more vital, in the long run, than research." —Rolf Potts Image
What can you do for a similar experience if you can't take 1+ month(s) off from work?

Easy.

Get off-grid:
Three final tips for your first mini-retirement:

• Never wake up to an alarm clock
• Go out to dinner at a restaurant every night
• The best experiences you’ll have are the ones you stumble upon, not ones you planned for
Remember:

"One cannot be free from the stresses of a speed- and size-obsessed culture until you are free from the materialistic addictions, time-famine mind-set, and comparative impulses that created it in the first place."

—Tim Ferriss

Source: The 4-Hour Workweek
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More from @TheMattViera

Aug 26
I’m 52 years old. I made every financial mistake you can make.

In 2017, I was ~$250,000 in debt.

Today, I have a 6-figure net worth, invest in life experiences, and continue to build wealth.

If you're in 20s, here are 9 proven actions that will help you build wealth:
Pay yourself first

Automate contributions of 5 - 20% of your pre-tax income into:

Your employer-sponsored retirement account.

Take full advantage of any employer match.

Increase contributions as your salary increases.
Budget

It doesn’t have to be fancy or complicated.

It does have to work for you and your lifestyle.

Spend less than you earn.

Save & invest the difference.
Read 13 tweets
Aug 5
European cities are ideal destinations for a mini-retirement.

I’ve been on 4 (month-long+) mini-retirements since 2018 and they’ve all been in European cities.

Of all the European cities I traveled to, here are my top 10 recommendations for your first mini-retirement:
Vienna, Austria

Vienna is a chill city, even in the summer.

It never felt crowded, chaotic, or rushed (like it does in NYC).

There's plenty to discover and explore, public transportation is easy to navigate, and there’s a restaurant for every palate.
Image
Image
Berlin, Germany

Time Out magazine recently named Berlin as one of the best cities in the world and the best city in Europe (beating out London, Rome, and Porto).

Enough said.
Image
Image
Read 17 tweets
Jul 9
You don't have to be a millionaire to take a "mini-retirement."

I'm not a millionaire and I've taken:

Four, international, mini-retirements since 2018.

Ever wonder how much an int'l mini-retirement costs?

Let's dive into the numbers:
The cost of a mini-retirement will vary depending on:

• Food
• Airfare
• Location
• Accommodations
• Length of mini-retirement

How and where you choose to spend your mini-retirement may be different from how I choose to spend mine. Image
Length of mini-retirement

The length of a mini-retirement can vary between a month, to 6-months, to a year.

It all depends on a variety of factors such as your:

• PTO
• Budget
• Work schedule

I found a month to be the ideal length of time for me based on my budget and PTO. Image
Read 18 tweets
Jul 5
An off-grid getaway is an ideal way to disconnect, decompress, and spend time in nature.

I’ve spent hundreds of hours off-grid throughout the US.

Of all of the beautiful off-grid destinations I’ve been to, here are 9 of my favorite:
Image
Valley of the Gods, Utah

One of my favorite places on the planet.

Trust me and drive the Moki Dugway before or after your stay.

My plan is to spend at least 2 weeks here in my camper within the next year or two.
Image
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Bird Trap Springs, Oregon

Lots of wildlife.

Very few, if any, other people.
Image
Image
Read 13 tweets
Jun 8
European cities are ideal destinations for a mini-retirement.

I’ve been on 4 (month-long+) mini-retirements since 2018 and they’ve all been in European cities.

Of all the European cities I traveled to, here are 10 recommendations for your first mini-retirement:
Vienna, Austria

Vienna is a chill city, even in the summer.

It never felt crowded, chaotic, or rushed (like it does in NYC).

Vienna is walkable, public transportation is easy to navigate, and there’s a restaurant for every palate.
Image
Image
Berlin, Germany

Time Out magazine recently named Berlin as one of the best cities in the world and the best city in Europe (beating out London, Rome, and Porto).

Enough said.
Image
Image
Read 14 tweets
Mar 15
I won't lie, I:

• Am not a millionaire
• Don't invest in Bitcoin
• Don't own investment RE
• Spend ~$3-5K/year traveling
• Drink & dine out in expensive NYC restaurants

But, I'll retire better than 99% of people. Here are 7 reasons why: ↓
I was intentional with the career I chose

I chose a career that provides:

• A pension
• Health benefits
• Job security (tenure)
• Regular salary increases
• A ridiculous amount of PTO
• A generous retirement account
I invest regularly

I invest ~25% of my pre- and post-tax income into:

• A Roth IRA
• My retirement account
• A HYSA (for life experiences)
• 2 different investment accounts
Read 10 tweets

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