Like the OP I semi retired at 5 years ago and now swap between work and travel. When I started I was very uncertain how it would work financially but I've been very lucky and find I can work back at my old employer on projects. On average I work about 4 months and travel about 8 months of the year. This works for me; it covers my costs, I enjoy both and neither become stale in that time, I'm not away so long family and friends (or my employer) forgets me. Good luck with your plans I'm sure you can make them work.
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