Too Old/Health

I will tell you the "other side ". My wife and I fulltimed for over 40 years, until she passed 4 years ago. I traded , sold, swapped my rig for a house and land. My kids are in calif and Fla. Im in Texas. I have lived in this huge house for 4 years, mowed 17 acres, maintained the house, paid all the taxes, elec bills, heating bills, air cond bills, and have no family around.

It is now for sale. I hope to unload this anchor in the next six months. I have in the meantime purchased another nice fiver for myself and my dog. Im 71 years in not so good health.

I have two choices:

No 1 , I can live here comfortably for the rest of my days, and they will find me dead in this big house. My kids sure don't want to move here when I go.
No 2 I can go back to fulltiming, live the way I enjoy, and they will find me dead in my fiver.

Now if you were in that same situation, what choice would YOU make?

bigblueok wrote:
I have been curious about full timers who get to a point in their lives where they, for whatever reason, can no longer live or travel the RV lifestyle. If they need to return to a traditional home, does this pose a financial burden they you to have plan for?

It is absolutely no different than a person already living in a 'traditional' home. What happens to them when they can no longer live in it?

Living in a RV IS living in a 'traditional' home for many. That is their home. When they can no longer live in it (meaning, not even if it's parked permanently) there are many options and they will be the same options as any other homeowner.

There's absolutely no problem in any case. By the way...we didn't have a so-call 'exit plan' 18 years ago and it's worked out just fine. We've dealt with multiple surgies and even cancel. Our RV was perfect for recouping. It's a comfortable small space. You just do what you have to do when the time comes. Why worry about it?

rockhillmanor wrote:
Planning for an exit strategy should be included in your plans to full time. People plan for the future when they live in a house. It is no different when you decide to live your life in an RV.

They bought a new motor home in 2003 with a 20 or 25 year note. If they have to go into assisted living before it is paid for (very likely based on their age and health) they will let it be repossessed. Their thinking is that they won't need credit at that point anyway.

They wanted to full time so much that they took this route knowing there could be problems down the road. Basically they just don't think about the future because it is too disturbing to do so.

I know that these are your friends but, that is just so unacceptable and irresponsible on so many levels.

I can't disagree with you, but over the 10 years we have known them I guess I have come to accept but not agree with their approach. As I noted above it sure isn't something I could do and be happy with.

rockhillmanor wrote:
Planning for an exit strategy should be included in your plans to full time. People plan for the future when they live in a house. It is no different when you decide to live your life in an RV.

They bought a new motor home in 2003 with a 20 or 25 year note. If they have to go into assisted living before it is paid for (very likely based on their age and health) they will let it be repossessed. Their thinking is that they won't need credit at that point anyway.

They wanted to full time so much that they took this route knowing there could be problems down the road. Basically they just don't think about the future because it is too disturbing to do so.

I know that these are your friends but, that is just so unacceptable and irresponsible on so many levels.

It not people that are irresponsible, there is a much bigger picture, it's a system that has been well established that is all about ME, MINE, GREED, and entitlement.....on some level you have to play the game or get swept away....

Planning for an exit strategy should be included in your plans to full time. People plan for the future when they live in a house. It is no different when you decide to live your life in an RV.

They bought a new motor home in 2003 with a 20 or 25 year note. If they have to go into assisted living before it is paid for (very likely based on their age and health) they will let it be repossessed. Their thinking is that they won't need credit at that point anyway.

They wanted to full time so much that they took this route knowing there could be problems down the road. Basically they just don't think about the future because it is too disturbing to do so.

I know that these are your friends but, that is just so unacceptable and irresponsible on so many levels.

My wife and I felt it was important to be able to exit the lifestyle when the time came. We put the money from the sale of the house away for that day.

After eleven wonderful years of full timing the time has come and we are now in the process of implementing our exit plan and are transitioning to snow-birding.

On the other hand we know a number of people who don't have much of a plan.

We have good friends whose plan is to go into assisted living in a place that takes their Social Security income for the rent when they have to leave the road.

They bought a new motor home in 2003 with a 20 or 25 year note. If they have to go into assisted living before it is paid for (very likely based on their age and health) they will let it be repossessed. Their thinking is that they won't need credit at that point anyway.

They wanted to full time so much that they took this route knowing there could be problems down the road. Basically they just don't think about the future because it is too disturbing to do so.
The only income they have is SSI and what they can make acting as gate guards. That means they are one sickness away from disaster.
The good news is they are living a dream they had for years before retirement and still loving it.

It appears to me that there is no one concept that fits everyone out there. Folks have to do what makes sense to them and if they enjoy it - good for them.

Why does everyone assume that when one stops fulltiming there must be a traditional S&B in the picture. A lot of folks fine an area that they like and park the rig and live in a park, either becoming annual renters or buying a deeded lot or becoming part of the co-op that owns the park. Lots go to Park Models to replace the rig. Others move into an apartment, with kids, condos, etc.

Barb

Forget the traditional home, how about a nice affordable park model!

When going fulltime, one of things on your to do list is to plan your exit strategy to answer this question. The answer varies from person to person. Some plan to live in their rv but not travel. Some plan for an apartment. Some saved the money from the sale of their home and plan to buy another house or condo. Some plan to live with their children. Some buy into a continuous care retirement village.

Since we sold our house at the bottom of the market, we needed to buy before the real estate market took off again so bought in Santa Fe, NM at the end of last year. It will be a good "home base" and we can make many summer trips from here and go south in the winter.

Of course. !!!!!