Jeff D. Opdyke is The Savvy Retiree, your guide to a richer life in retirement. An American expat based in Prague, he spent 17 years as a financial writer at The Wall Street Journal, and has written several books on personal finance, investing, and alternative assets. Today, he travels globally as a freelancer writer and has visited nearly 70 countries while writing about the best ways to earn money, save money, and live a vibrant, adventurous retirement.

Live Better Remote Working

The Best Countries in Europe to Get a Freelance Visa

A larger trend that began several years ago is now ramping up as an after-effect of the COVID-19 pandemic: the work-and-live anywhere lifestyle of digital nomadism. What was once mainly a trend among millennials has become a coveted lifestyle among various age groups that now have the freedom to move about the world and work.  […]

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How to Prepare for the Coming Economic Eruption

What’s the best investment you can make these days? And stick with me—this is not a financial story…which, actually, hints at the answer. Because at this particular moment in history, I’ll argue that the best investment you can make is in yourself. Yes, yes, yes—one could make the identical assertion, regardless of the historical moment. […]

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Interview: How to Earn an Income From Your Blog

Professional blogger and Francophile Janine Marsh never imagined she’d earn an income through writing. The former banker launched her blog merely as a way to share her excitement about a renovation project she was working on.  Almost immediately, however, her blog started gaining a following and before long she was getting 60,000 views a month. […]

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A Dream Oceanfront Business in Caribbean Panama

Josh Acree always wanted to move to a Caribbean island, but he’d presumed this dream would have to wait until retirement. Then he and his partner, Chad Sorrow, were presented with the opportunity to buy a business in Bocas del Toro, Panama, and they decided to bring this dream to life…decades ahead of schedule.  The […]

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Fresh Attacks on Social Security and Retirement Benefits Leave Us With Just One Option…

Maybe you saw this bit of recent news: ExxonMobil management has declared that shareholders are more valuable than workers. That’s about the most honest take on the financially troubled oil giant’s decision this month to conserve cash by eliminating its 401(k) retirement-savings plan match for employees…while preserving the dividend it pays to shareholders.  And if […]

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5 Ways to Downsize for a Digital Nomad Lifestyle

Before I retired from practicing medicine, I began looking for a home base for travel in South America. I wanted a location that was safe, had first-world healthcare, would allow me to brush-up on Spanish, and had a rich history and culture. Ecuador checked all the boxes.  Once I downsize and sell property here in […]

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Why Over-50s Could Benefit From This New Employment Landscape

Two recent research reports from opposing sides of the Atlantic caught my attention last week. They both pretty much make the same point: That older workers face a daunting future—at least in the traditional work-a-day world. But here at The Savvy Retiree, we don’t play in that sandbox. We look for our opportunities elsewhere. And […]

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Make Money Online Income Online Income Opportunities Portable Incomes

What is Dropshipping?

Dropshipping is a business model that allows you to own and operate an online store but without having to buy or store inventory. The process works like this: A customer goes to your online store (website), orders a product at the retail price, and you take the payment. You then order the product from your […]

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Online Income Personal Finances

How to Become a Freelance Writer

I came to freelance writing after a variety of careers…professional cooking, aircraft mechanics, real estate. When, health issues forced my retirement and I started looking for a less strenuous form of income…

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Feeling Stuck in Life? Use This Crisis to Your Advantage…

Let’s immediately dispense with the bad news… The U.S. economy will not rebound quickly. We lost 5% of the economy in the first quarter, and another 9.6% in the second quarter. Those are epic numbers. On a more human scale, tens of millions of jobs are gone and more than 100,000 businesses have shuttered for […]

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Laidback, Affordable Living in Portugal’s Stunning Capital

In March 2018, I moved to the Portuguese capital of Lisbon with my three cats. The first nine weeks were challenging as my household goods made the slow trek across the Atlantic Ocean in a shipping container. I spent that time in an empty shell of an apartment with only a bed, a folding chair, […]

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5 Steps to Getting Paid as a Travel Writer

If you love travel and have an affinity for the written word, travel writing can be an excellent way to do what you love and get paid for it.  Earning paychecks as a travel writer is a more accessible career path than most people realize. There are virtually countless print and online travel publications out […]

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Retirement Finances

Don’t Believe This Million-Dollar Lie About Retirement

“Screw society. Living up to anyone’s expectations except your own is a pointless way to go through life.” You might call that the summary of a very short conversation—by way of text messages—I had this past week with my son back in Louisiana. Kid’s smart as a whip, but clearly not built for the antiquated […]

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Portable Incomes Remote Working

The Top 3 Cities in Portugal for Digital Nomads

The way we work is changing dramatically before our eyes, as the coronavirus has compelled companies in virtually every country and industry to embrace remote working. Once we emerge from this pandemic, this is going to open up the benefits of the digital nomad lifestyle to countless new workers. As a professional writer and blogger, […]

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Portable Incomes Remote Working

The Ultimate Remote Working Destination

Five years ago, I decided to leave the corporate rat race behind and start a new life in the Portuguese capital of Lisbon. In the half-decade since, I have not regretted this decision once. As an online coach, I’ve found the city to be the ideal remote working destination. Home to just over half a […]

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These Free Tools Can Help You Find the Perfect Product to Sell Online

One of the first and most important steps for any newcomer to dropshipping is choosing what product to sell.  There are successful dropshipping stores for virtually every kind of product you can think of, from small, inexpensive items like phone chargers to large, costly goods like furniture. But finding a product that will deliver consistent […]

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Build or Buy a Store—What’s the Best Way to Get Started in Dropshipping?

One of the most common questions I’m asked by newcomers to dropshipping is whether you should build a new store from scratch or buy an existing one.  I began my own e-commerce journey by purchasing a store. In the years since, I have built and bought stores and I have coached students who have adopted […]

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Get Paid for Writing About Your Hometown

Some years ago, I decided to quit my full-time teaching job and start a career as a travel writer. When my colleagues heard this, they were supportive but curious about how I would make it happen. I fielded numerous questions about how I would be able to afford all the travel to exotic overseas destinations, […]

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Believe It or Not, This Is an Excellent Time to Try Out the Digital Nomad Lifestyle

Some days are just made to write about. Like today, for instance. I woke to blue skies and mild temperatures here in Prague. Because the city is fully open again, I strolled across the street to my favorite coffee shop for an iced latte and a cinnamon roll, then spent the morning editing a script […]

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This Part-Time Online Business Provides a Full-Time Income

An online business can be a great way to earn some additional income to subsidize your pension, or gain the ability to retire early and travel the world. The most important factor when considering an online business is ease of operation. Just how many hours a day is it going to take? I began my […]

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How to Sell Products Online…Without Buying Any Inventory

Dropshipping is a way for store owners to sell and send physical goods to customers without the need to warehouse inventory.  Here’s the dropshipping process simplified in five steps:  1. Your customer visits your online store and places an order. 2. Your store processes the order and sends it to your third-party supplier automatically. 3. Your supplier receives […]

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