Coming back off the road
Let me start by saying that I am in my 40s and I am not a full timer. It is my hope that someday this will happen and we will spend our retirement in the wind. I had put a decent amount of thought...
Forum Discussion
I'm also in my mid-40's and have dreamed of full timing for 10 years now. My wife and I think we might be about 10-12 years away from full timing.
Our plan, while not a single plan nor "nailed" down, consists of scenarios. I feel the scenario way of planning (having more than one plan) is usually a good way to go.
Our scenarios:
1. Keep house we have now (it will be paid for in a few years) and full time but with a home base, where we come back to visit family, maybe one or both our daughters may live (in the house that is). Our home now has RV hookups (installed by Dad and I), is outside town, and is a comfort.
2. Sell house, full time 100%. This gives us a chunk of cash from sale of home, and we would no longer be tied to it. Kind of like your scenario.
3. sell house, buy house in another city (South, South West, West, someplace different!) to use as a base of operations.
We have a few other scenarios, and maybe some don't consider having a house and full timing to go together, but the reality is we like our garden, our home, our family close by.
To answer your question specifically, if you 100% full time, with house gone, and later need to have a stick built home but can't afford it, consider renting or a condo or apartment. Honestly, there are so many choices and if you plan for it, it can happen.
Hope this gives some ideas.
Our plan, while not a single plan nor "nailed" down, consists of scenarios. I feel the scenario way of planning (having more than one plan) is usually a good way to go.
Our scenarios:
1. Keep house we have now (it will be paid for in a few years) and full time but with a home base, where we come back to visit family, maybe one or both our daughters may live (in the house that is). Our home now has RV hookups (installed by Dad and I), is outside town, and is a comfort.
2. Sell house, full time 100%. This gives us a chunk of cash from sale of home, and we would no longer be tied to it. Kind of like your scenario.
3. sell house, buy house in another city (South, South West, West, someplace different!) to use as a base of operations.
We have a few other scenarios, and maybe some don't consider having a house and full timing to go together, but the reality is we like our garden, our home, our family close by.
To answer your question specifically, if you 100% full time, with house gone, and later need to have a stick built home but can't afford it, consider renting or a condo or apartment. Honestly, there are so many choices and if you plan for it, it can happen.
Hope this gives some ideas.
