So, first of all hi! My wife and I are relatively young (35) and we have a 10 month old baby! We are international school teachers and currently work in Asia. We've been investing in ETFs for a little while and have 17000 thousand euros invested, so early days yet.
We have worked in 3 different countries and have been international for around 6 years. We love it and we love where we currently are, however, we always thought of taking a year off, something like a gap year - a break from work to be able to enjoy our kid and our families.
With this pandemic, and not being able to fly back home to Europe easily - even not knowing when that will be and how it will be with possible quarantines etc. All this has made us think about maybe doing one more year to finish our contract and then heading home for a school academic year and taking our year off.
We have a house in Europe which we have a mortgage for and could live there. We calculate that we could save 50k euro and use that to continue to pay our mortgage and live off during our year off.
Plan would be to them look for work again in international schools and go back internationally again.
Would just like some advice or thoughts from some people with more experience than us. Obviously things that worry us:
-Not being able to continue to invest in our etf regularly
-Not finding work
-We need to pay our mortgage so we would need work after a year
-Not finding work that pays as well
-Stigma from people who would think us irresponsible for taking a year out.
Thanks, hope we get some advice! Any questions please just ask!