How to Retire Early and Live Abroad: Your Guide to Making FIRE Last (Plus: 2025 Gas Prices Explained)

NerdWallet's Smart Money Podcast

Learn how to navigate gas prices this summer, then hear how to make your money work after retiring early and moving abroad.

What’s going on with gas prices this summer? How can early retirees turn their savings into income abroad? Hosts Sean Pyles and Elizabeth Ayoola discuss gas price trends and smart investment options for early retirees to help you plan a smoother ride — both on the road and in your financial journey. Joined by NerdWallet’s Anna Helhoski and AAA’s Aixa Diaz, they begin with a discussion of 2025 gas prices, with tips and tricks on timing your fill-ups, choosing the right fuel blend, and prepping your car for summer travel.

Then, Sean and Elizabeth answer a listener’s question about how to turn $150,000 in savings into ongoing passive income after achieving FIRE (Financial Independence, Retire Early) and relocating to Spain. They discuss how to balance accessibility with growth through options like CD ladders, T-bills, REITs, and dividend ETFs. They also explore considerations around managing rental properties from abroad, currency risk, and the importance of working with a CPA to avoid tax pitfalls when investing internationally.

Use NerdWallet’s free compound interest calculator to see how your savings and investment account balances can grow with the magic of compound interest: https://www.nerdwallet.com/calculator/compound-interest-calculator

Dividend aristocrats are stocks that raise their dividends every year. Here’s an overview of how to invest in them: https://www.nerdwallet.com/article/investing/top-dividend-aristocrats-list

Dividend stocks can be a great choice for investors looking for passive income and portfolio stability. View NerdWallet’s list of the best high-dividend stocks and learn how to invest in them: https://www.nerdwallet.com/article/investing/how-to-invest-dividend-stocks

Here’s NerdWallet’s list of the best ways to send money internationally: https://www.nerdwallet.com/article/banking/best-ways-to-wire-money-internationally

In their conversation, the Nerds discuss: gas prices 2025, summer gas prices, how to save money on gas, why are gas prices rising, AAA fuel cost calculator, road trip cost calculator, gas price trends, crude oil price impact on gas, how to prepare for a road trip, car maintenance for road trips, road trip emergency kit checklist, what affects gas prices, hurricane impact on gas prices, early retirement abroad, how to generate passive income after FIRE, CD ladder strategy, high-yield savings alternatives, best short-term investments, moving to Spain finances, cost of living in Spain vs USA, living off rental income abroad, managing rental property from overseas, REIT vs dividend ETF, opening brokerage account abroad, FATCA rules for expats, real estate income planning, investing while living overseas, treasury bills vs CDs, compound interest calculator, diversifying passive income, financial planning after FIRE, and retiring in your 40s.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected].

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