08/30/2014 06:36 pm ET Updated Aug 30, 2014

Increasingly, Retirees Dump Their Possessions and Hit the Road

Sean Gallup via Getty Images

SOME call themselves “senior gypsies.” Others prefer “international nomad.” David Law, 74, a retired executive recruiter who has primarily slept in tents in several countries in the last two years, likes the ring of “American Bedouin.”

They are American retirees who have downsized to the extreme, choosing a life of travel over a life of tending to possessions. And their numbers are rising.

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