Do I have enough saved to go full time ?
I know everyone's finances are personal, but I would like opinions if you think I have enough money saved. We have been pretty certain that we are going to do full time RVing, but after reading many f...
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My suggestion would be to use the money you have saved, to buy your RV now, rather than later.
Then take a long vacation (how much time can you and DW take at any one time?), and get away for the whole time. Try and "live" the way you would want to when you do retire...don't go crazy with spending, but also don't be so frugal, that you don't enjoy yourselves.
You will then have a fairly accurate account of what your monthly expenses will be, and you can figure out if you can make it with the money you have saved, or if you will need to supplement with additional income.
Every year, the SSA sends out a listing of what you should be entitled to when you begin collecting you SS...so you can figure that into your plans.
There are lots of folks who have started out with a lot less than you have, and probably don't have any "exit" plan to speak of, so you are fortunate in that sense.
I agree that you want to go as soon as you can....you never know what might come up to ruin your plans....and even if you just take a 2-3 year "vacation", you'll still have a great time:)
Good Luck:)
Then take a long vacation (how much time can you and DW take at any one time?), and get away for the whole time. Try and "live" the way you would want to when you do retire...don't go crazy with spending, but also don't be so frugal, that you don't enjoy yourselves.
You will then have a fairly accurate account of what your monthly expenses will be, and you can figure out if you can make it with the money you have saved, or if you will need to supplement with additional income.
Every year, the SSA sends out a listing of what you should be entitled to when you begin collecting you SS...so you can figure that into your plans.
There are lots of folks who have started out with a lot less than you have, and probably don't have any "exit" plan to speak of, so you are fortunate in that sense.
I agree that you want to go as soon as you can....you never know what might come up to ruin your plans....and even if you just take a 2-3 year "vacation", you'll still have a great time:)
Good Luck:)
