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 think it depends on two factors. Number 1: how strong is your retirement income, and Number 2: what is the total expense liability of keeping your existing home while full timing.
For us it only made sense to sell the house when starting full timing. We were not interested in renting it out and in our area property taxes were running us almost $5,000 a year.
Since we started with hardly any bills, plus no more house expenses (property tax, utilities, insurance, etc.) we actually started saving more money each month.
So for us the money balance was okay and we really didn't have to worry about an "exit" plan. We just figured we would travel and do what we wanted to do and not worry about it.
For us it only made sense to sell the house when starting full timing. We were not interested in renting it out and in our area property taxes were running us almost $5,000 a year.
Since we started with hardly any bills, plus no more house expenses (property tax, utilities, insurance, etc.) we actually started saving more money each month.
So for us the money balance was okay and we really didn't have to worry about an "exit" plan. We just figured we would travel and do what we wanted to do and not worry about it.
