Tired of the BS and have approx $300k savings.. advice for couple, PLEASE? Travel, settle down, etc??

So basically, I left my job/career in October of 2012 after my mother passed away and moved to NM to get away from some psychologically manipulative family members.. and in addition, I'm simply tired of the "work, save, slave" paradigm.

Fast forward to July of 2013, I meet THE woman of my dreams; partner, mate, best friend - a true blessing. We become very close and after a few months, she decides to move from AR to NM to live with me and upon my suggestion, retires from her job at a major university of which she had been employed by for over 20 years.

So, we've basically spent the past year by getting to know one another better, traveling and basically indulging in our respective arts and creative outlets (music, painting, reading, writing, etc.).

Now today, it's mid-January of 2014 and we're starting to feel the pressure to resume some semblance of responsibility, or rather, have some goals and plans for our mutually shared future. We have approx $350k-ish in cash. No debt, all vehicles are paid off and we are renting a home. No children, three dogs and a cat. We're a bit disheartened and discouraged by the idea of trying to worm our way back into the "system"; doing the 9-5 thing and essentially the "working to live - living to work", routine. So we're debating if we should just travel the country (tenting+camping), looking to join a commune (without religious prerequisites or drug/alcohol restrictions), moving to and adapting to a small town in Mexico and/or South America(?).. hell, I don't know. She's 46 and I'm 35. Anyway, we beat our heads together just about every day trying to figure out a plan of action and how to stretch our savings out - Any advice or suggestions on what YOU'D do with $350k and how to you'd make it work and last? Even if we were to buy a home on some fertile land with a water well, then we're sure to run out of money soon after, unless we both start working again, asap. Our rental home lease is up on 3/31/14, so we have approx 2.5 months from now to find another rental home and continue paying rent OR put all of our stuff in storage and travel the country/globe for "x" amount of days/years and just see how things work out. Perhaps going out on a limb and throwing caution to the wind here; we gain not only the experience of the adventure, but possibly meet some good people/the right community, etc. and everything falls into place, who knows? Thanks in advance to anyone who cares to offer up their $0.2 and give us any insight/advice on the situation. Cheers!:)