I like to keep things simple, so I define a PT as someone who doesn't stay in the same place for more than 6-12 months I guess. Of course, there maybe plenty of PTs who decide to base themselves from one place for a few years. And I don't see why someone can't be a PT for just a year or two, before returning to a more conventional way of life.
Advancements in technology make it relatively simple to manage your life from anywhere in the world. This needn't exclude your professional life, I am fortunate to be able to pursue my career exclusively via the internet. As technology continues to advance so many more will be able work from anywhere they chose. Wi-Fi, easily available broadband and eventually even Wi-max are making simultaneous work and travel open to an ever growing community.
I anticipate a big jump in the Perpetual Traveller population over the coming years.
I'm giving thought to building a website designed for an online Perpetual Travel community. A place where people could share experiences, ideas, advice on all things PT. I can't find such a place online, if anyone else can please comment here. If registered a domain name and expect to go live with a non-commercial website within a week or two.
For those out there looking to figure out what is required to be a Perpetual Traveller I can only really define my formula, it's below and I hope it helps. For other opinions on what's needed to be a Perpetual Traveller check my links section.
My PT formula
Mortgage free with savings of US$50,000
Passport, Credit Card(s), Drivers Licence all registered to UK address of immeadiate family member.
Neteller.com account for global ATM card and online (work) transactions.
Good Laptop + Accessories
Good Rucksack (50litres is plenty for me) filled with clothes etc (Tshirts mostly!)
That's it, that's all it took for me. I look to live as good a lifestyle as possible on US$40/day. I find I can do that, certainly in South America. Rent (with all bills inc) on a sort-of-luxury studio flat with a shared pool is $20/day. The rest I spend on food/smokes/drinks etc. I'll post some pics to show you what you can get in BA for this.
To some $50K is a lot, to others it's not so much. To be honest the amount is almost irrelevant. Everyone's different, some can survive on US$5k per year and are confident to travel wit a small amount of capital saved. Others need enough to get by for a couple of months before finding a suitable source of income. Others have a lump sum saved and want to make it last as long as possible, sort of semi-retired. Yet more will have made sufficient to retire early.
For me, I figure I can travel and work at the same time. I want my savings to be edging UP not down, so I continue to logon most days, play some poker here and there. It's working for me. Others will have their own ideas of ways to make Perpetual Travel possible for themselves.
Enough for now.
Until next time: Be well