hojo-e wrote: ↑
Fri Sep 28, 2018 7:41 pm
Knowing what you know today, if you could go back in time, what would you have done differently and when would you have done it?
After I received my LPR, I opened an IRA and 401k figuring that I could permanently trust/commit to the US retirement system. In retrospect, I would have opened Roth versions instead. This would make it easier to pull money out.
I have already lived outside of Denmark for too many years to receive anything from Danish social security, even if I move back now. Conversely, I do have enough points to get US SS. The US has various agreements with various countries as to whether US SS covers people depending on where they live. As the current treaty is I would only receive US SS payment if and only if I live in Denmark. That screwed up the previous Malta plan (aka plan B). Recall, until Aug 2018, DW was ineligible for family-based immigration to Denmark. A good example of losing $$$ because of unintended cracks in the rules.
I could have applied for US citizenship earlier. However, until the past few years (IIRC it was 2014), Denmark did not allow dual citizenship (they do now). I wanted to keep an exit open + EU passports are the most valuable in the world. Even after dual citizenship became allowed, applying would have killed any plans to ever move to Denmark due to the attachment rule.
I would have put more effort into traveling to different countries. I used to travel a lot, but since I came to the US, my efforts in that regard has been dialed down. For example, suppose we were making regular visits to Thailand or Malaysia or whatever ... this would reduce the uncertainty wrt a forced exit substantially. One might even imagine owning a second home elsewhere.
In that regard, having less roots/baggage would have been a better choice. We should not have bought a house and we should own less stuff, like e.g. http://earlyretirementextreme.com/how-t ... itcas.html
instead of accumulating enough tools and supplies over the past few years to be almost completely self-reliant.
There's none of this that does not have solutions (so in that regard my pursuit of optionality has worked) but we could certainly be in a better/more convenient position, so there's some work to do.