Traveling FT vs being anchored

donn0128 wrote:
We have a neighbor who has been here 12 years. Their plan was one winter and then travel. Hubby got sick and passed away. Now wife is here all alone with no exit stradigy.

Not sure I understand. Are you living/staying in a trailer park? If the wife is still there after 12 years, she's certainly not stuck, nor is she all alone.

Apparently it's just me, but I've always been perplexed by the whole "exit strategy" thing. Our exit strategy is, when one of us can no longer travel, we'll stay parked in our home in the place that suits us best. What's difficult about that?

I do NOT want to live in a house again. I do not want the expense and worry about upkeep. I do not want to rent an apartment and worry about the rent rising and me being unable to move, or renting a house and being forced to move when the owner wants to sell/move in themselves (both of which I had happen to me when I was a renter).

In all of the living situations I have had over the years, one of the happiest times of my life was when I was single and living in a trailer park. It was tiny and well-managed, and I was surrounded by a community of supportive people who helped me with anything I needed.

So by all means, have a plan for the rest of your life, but why does it need to be an "exit strategy"? Join Escapees and investigate their Care Program.

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.

Bumpyroad wrote:
that's why I caution people about selling their homes. nothing to fall back on.
bumpy

There's nothing wrong with selling the home as long as you take all or a good amount of the proceeds and put them away in a safe account. Then when your ready to come off the road you will have a good chunk of cash to use for your next home.

-paul

Its all about money and a plan B. I dont know your finances so I will just throw some thoughts out there. Ex mil husband died, hooked up with schitzo goofball, bought a new motor home and something minor broke on it less than a year later so they drove into a dealer and traded it in on another new one. A year or so later goofball flipped out on her threatening to kill her so she bailed on him and the RV and ended up in an income adjusted high rise senior building. So.....moral of that story is that with Soc Sec I think everyone is able to live somewhere decent.
A guy I worked with brother got a complete separation buyout from GM. $140,000 and thought he was rich so he bought a motor home and spent the rest traveling. Now the motor home is parked next to his in laws house in Tenn with a blown engine and they are not old enough for SS and developed no job skills working the assembly line. AND no health care.

Part of your question said they are in one place. Part of that could be money or they thought it would be great to travel and found they didn't like it. Maybe they sold the house and spent the money. Its not cheap to be moving. You can park the rig for $200 to $300 a month. House or RV makes no difference. Your net worth is doing one of three things. Its going up, staying the same or going down.

Have a plan B and get out there and enjoy as we are close to the end. This is your time.

that's why I caution people about selling their homes. nothing to fall back on.
bumpy

Exit plan. Every full timer needs one. We have a neighbor who has been here 12 years. Their plan was one winter and then travel. Hubby got sick and passed away. Now wife is here all alone with no exit stradigy.