We (my DW and I) have been researching the fulltime lifestyle and have come across a lot of advice to have an exit plan. Plan on what to do when you get too old to travel..
How many of you have exit plans? Do you mind sharing them with us?
dreamjosie said
08:05 AM Aug 25, 2006
We do NOT have an exit plan. But then we've never been big "plan aheaders" We like the spontaneity of life in general. When we went into this, we sold our home, and got rid of most of our stuff. We have a small self-storage room back in Wisconsin with family photos and some heirlooms for the day "when".
We just feel that we'll do this until we can't anymore, then we'll sell the rig and truck and find someplace simple to live. We don't really worry about it. Live for the moment. It's more fun that way.
blijil said
03:31 PM Aug 25, 2006
If at all possible sell the house and invest the proceeds. When we decide to exit we will have the nest egg. We don't have a clue what we will do then.
Larry
ken and cindy said
05:01 PM Aug 25, 2006
Doncat wrote:
We (my DW and I) have been researching the fulltime lifestyle and have come across a lot of advice to have an exit plan. Plan on what to do when you get too old to travel..
How many of you have exit plans? Do you mind sharing them with us?
EXIT PLAN ???? Isnt this it ???
Just kidding, you need to ask yourself, what was your end plan to begin with ? Live in the house until you dropped dead, or a small retirement community ,nursing home? In reality nothing really changes, except the scenery out your living room window and the size of your home. Escapee's has a really nice program,that you should also research.HERE
Right now keeping our house is not an option, I live on the gulfcoast and the property/school taxes here are just stupid, just last week my home insurance company advised us that we have to enter a state pool for windstorm and hail because they can't afford to cover the homes in my area anymore.
Our plan includes a small savings plan that if we get tired from the freedom of the road we can reset the clock and move back into the sticks and bricks or just buy a lot somewhere and park the motorcoach on it.
-- Edited by ken and cindy at 19:19, 2006-08-25
galeanna said
08:42 PM Aug 25, 2006
My parents are fulltimers and have been for somewhere between 15 and 20 years. They are in their late 70's now and just starting to look around in AZ for a place to either park the 5th wheel or buy a park model. It took them that long to start to feel it was getting to much to tow the fifth wheel between AZ, Mexico and Michigan.
Here4Now said
09:59 AM Aug 27, 2006
Recognizing that you can end up "upside down" when you purchase your RV home (meaning you could owe more than it's worth when you want to sell or trade in), Paul was insistent that we take the proceeds of the house and invest them. That is the extent of our exit strategy for the moment.
We committed to two years on the road...just to cover the ups and downs of the new lifestyle. We have camped and RV'd for 38 years and researched for 5 before going full-time, but we just weren't going to know for sure until we had tried it. We could stay on longer, do something like 6 and 6 in two different locations, purchase a lot with a park model, or move back into a stick house. We know we really would like to escape Pittsburgh winters permanently. However, with a newly married daughter (and only), we don't know how that will play in if and when grandchildren arrive.
We had a lot of 10-year old furniture which our daughter took and said we could have back if we decided to come off the road. Otherwise, we sold or gave away everything (well amost...the quilt frame is in storage at our daughter's) that wouldn't fit on the motorhome. It's amazing how much "stuff" you don't need.
mcw50 said
10:44 PM Aug 28, 2006
Like others have said, we invested the proceeds of our house when we sold it 6 years ago, and plan to not touch the money. Beyond that, what we will do, depends on why we are getting off the road....tired of it? our health? kids/parents need help? fuel finally hits $10 a gallon? Meanwhile, while traveling we often tour model homes, new developments and resorts, and drive around the area thinking if we would consider living there. We still have a lot to see, so we still haven't found "that perfect place." Guess we'll keep looking!
Doncat said
11:47 AM Aug 29, 2006
It is really interesting to read the different viewpoints on the "RV Lifestyles" and exit plans. I think the idea of having a nest egg tucked away for the future makes good sense. At least that way when I get to old to drive my rig, I can at least hire a Chauffer . Seriously it is hard to imagine ever wanting to give up RVing, but I guess it could happen.
Joan On The Road said
05:17 PM Aug 29, 2006
Like "dreamjosie" we have no exit plan. The most we've done is think about a few places we might like to stay for extended periods and that we could always find someone to move the coach if we couldn't drive. We had so many years of "planners" and "calendars" and "appoinment books"....we're done with that. We even have a hard time signing up for a rally because that means we'll have to be on a schedule
Maybe it's unrealistic but I like living "in the now"...no regrets about the past and as little worry as possible about the future. Just as we "knew" it was time to hit the road I imagine we'll know when it's time to quit and we'll figure it out then.
We (my DW and I) have been researching the fulltime lifestyle and have come across a lot of advice to have an exit plan. Plan on what to do when you get too old to travel..
How many of you have exit plans? Do you mind sharing them with us?
If at all possible sell the house and invest the proceeds. When we decide to exit we will have the nest egg. We don't have a clue what we will do then.
Larry
-- Edited by ken and cindy at 19:19, 2006-08-25
We committed to two years on the road...just to cover the ups and downs of the new lifestyle. We have camped and RV'd for 38 years and researched for 5 before going full-time, but we just weren't going to know for sure until we had tried it. We could stay on longer, do something like 6 and 6 in two different locations, purchase a lot with a park model, or move back into a stick house. We know we really would like to escape Pittsburgh winters permanently. However, with a newly married daughter (and only), we don't know how that will play in if and when grandchildren arrive.
We had a lot of 10-year old furniture which our daughter took and said we could have back if we decided to come off the road. Otherwise, we sold or gave away everything (well amost...the quilt frame is in storage at our daughter's)
that wouldn't fit on the motorhome. It's amazing how much "stuff" you don't need.
Like "dreamjosie" we have no exit plan. The most we've done is think about a few places we might like to stay for extended periods and that we could always find someone to move the coach if we couldn't drive. We had so many years of "planners" and "calendars" and "appoinment books"....we're done with that. We even have a hard time signing up for a rally because that means we'll have to be on a schedule
Maybe it's unrealistic but I like living "in the now"...no regrets about the past and as little worry as possible about the future. Just as we "knew" it was time to hit the road I imagine we'll know when it's time to quit and we'll figure it out then.