live out

verb

1. To not reside on the premises of one's employer (used especially of domestic staff such as nannies, cooks, maids, etc.)

   “Our nanny used to live out, but now she lives with us.”

2. To fulfill or act out a dream or fantasy or aspiration.

   “Jackie is going to fashion school to live out her dream of becoming a fashion designer.”

3. To pass time or to pass the remainder of one's life, especially in a particular place or situation.

   “to live out one's days”

   “He is paying $200,000 a year to live out his days on a cruise liner.”