fulltiming

rockyford708 wrote:
me and my wife have a nice home. but our kids are all gone. we are thinking of selling our house and buying class a . to live in. my question is I still have 11 years to retire from my job, we fiqure we could save a lot of money before I retire. if we live in motorhome. but some koa,rv parks . cost 400 a month. full hook ups. we need advice is it really worth it. oh we do take vacations every year.

I like your way of thinking. My wife and I have done something similar. All the kids are off and married and the last one is away at college. We've owned travel trailers the past 10 years and purchased a good used 5 year old 39' 5th wheel about a year ago. We got a great deal and let the original owner take the depreciation hit. It is parked at a beautiful RV park at a local reservoir that has a long term area and is very affordable (utilities and lot rent about the same as you mentioned). Over the last year, we've spent weekends there, enjoying the 40'x16' metal patio cover and have got to know many of the older full timers. Time was on our side so it gave me the chance to really make a comprehensive list of the pros and cons of full timing.

We took the plunge recently and leased our home to a young family we know (my house is 10 minutes away) with a written agreement that one bedroom is set aside exclusively for our use (bad weather, child comes home from college, etc). I do the majority of the maintenance and repairs myself. Plenty of contractor friends if one is needed.

The plan is to stay disciplined and "sock" back the monthly savings into my retirement plans and retire a bit early. So far everything is on track.

If nothing else, moving out of the house and discarding dumpsters full of clutter was great!