If you had Eight Years to Plan
I posted this topic in another forum and wanted to use it again to introduce myself. My wife and I are planning to retire to an RV in 2023 and are using the time to plan. I've been browsing these fo...
Forum Discussion
Two mistakes most people make when they retire;
They over estimate their returns on investment.
And under estimate their expenses.
We are 60 and pay our own medical. Ten years ago it was $350 a month with low deductibles.
Now we pay $20,000 per year.
Few can full time without a base. More power to you if you can. We could never. Maybe as a transition for a year but at some point there will be a small house with RV parked next to it in the picture.
If you have a base, try to have a simple property that requires little attention and you have some type of support system for eg Family or neighbors or property mgr.
They over estimate their returns on investment.
And under estimate their expenses.
We are 60 and pay our own medical. Ten years ago it was $350 a month with low deductibles.
Now we pay $20,000 per year.
Few can full time without a base. More power to you if you can. We could never. Maybe as a transition for a year but at some point there will be a small house with RV parked next to it in the picture.
If you have a base, try to have a simple property that requires little attention and you have some type of support system for eg Family or neighbors or property mgr.
