Anyone have regrets about having gone full-time?
Anyone have regrets about having gone full-time? We would like to hear about any that have decided that it was NOT the right lifestyle for them and why. Thanks in advance!
Forum Discussion
MeanderMan wrote:
"OK-Where would you go if by some chance your health was bad after 5 years of full timing? Would you have enough funds to buy another house? Or, would you have to SETTLE and rent somewhere?"
We've been full timing for eight years, and I find this statement ridiculous. Why, at an advanced age that takes me off the road, would I want to BUY a home? What, am I going to build equity by living to be 112? And why is renting a condo or townhome with all of the maintenance taken care of SETTLING for less. The last thing I ever intend to do is become another homeowner. I already own one, and it can take me anywhere I want to live.
Next time you go to anywhere it's desirable to live (I am not talking the middle of the desert) check out what a one bedroom or two bedroom apartment costs in a half decent complex. The thing is now almost all apartment buildings are owned by major Real Estate Investment groups of one kind or the other-and they are concerned about one thing and that is RETURN ON INVESTMENT. Rents have gotten ridiculous.
I think it's a very serious question. Some of us (not everyone) wants to leave a legacy of some sort to our children and/or Grandchildren. One sure way not to do this is to sell an appreciating asset and buy one that not only doesn't appreciate, but may even need to be replaced.
TODAY-it might not always be this way-Full timing is something one wants to do JUST BECAUSE. It is in no way a sound financial situation to go in to.
