Need for exit plan?
Article covers real life issues. Good article but not a happy subject. The asking price is less than what she owes on it. Her situation is not uncommon for seniors who buy RVs but find health issu...
Forum Discussion
mds1 wrote:
Need for exit plan?
We have years left to plan before my wife and I hit the road. We both agreed we should also have an exit plan. We know a few details will change, such as where and in what we might live in after our time on the road. We also know things could change due to health.
We included funding the exit strategy as part of our financial plan. This is forcing us to buy a rig within a certain budget. Even if we have the money to buy a nicer rig, we will not if it does not fit in the budget.
The article is a sad one but is something repeated by so many people.
You have the top plan!!! That's what we did, too. When we went full-timing we sold the house & everything in it. We had absolutely no idea how long we'd full-time - could have been a month or many years. So the only plan we made was going into full-timing debt-free and investing the money from the house. It's now 18 years later, bought a much smaller maintenance-free house in an altogether different state and are still happily debt-free.
