Forum Discussion
RoadLife
Feb 23, 2014Explorer
X3 on exit strategy. Ours didn't exactly happen on the timeline we planned. We sold our house and set aside the money. After a few years the real estate market started bubbling, so we decided it was probably smart to buy a house for "home base" while the market was still low. I guess we are "snowbirds" for the winter and go somewhere at least once a month during the summer.
The key is to have an exit strategy. If you want to own a home or condo when you come off the road fulltime, make sure you plan the $$$ for that purchase. As I mentioned, we set aside the money from the sale of our house. You may want to rent, you may be able to continue living in your rv for a while.
, you may plan to live with children. You may not know how or where you want to live when you come off the road- simply have a nest egg designated for your next domicile.
The key is to have an exit strategy. If you want to own a home or condo when you come off the road fulltime, make sure you plan the $$$ for that purchase. As I mentioned, we set aside the money from the sale of our house. You may want to rent, you may be able to continue living in your rv for a while.
, you may plan to live with children. You may not know how or where you want to live when you come off the road- simply have a nest egg designated for your next domicile.
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