Planning for Full time Finances
“Money is the last thing you want to worry about when you retire, yet too many retired (and soon-to-be-retired) RVers face the prospect of outliving their earnings or compromising their standard of li...
Forum Discussion
I would sit down with a qualified financial planner and be guided accordingly. In my experience only they can help you put out the "fire".
In my 30's, I found myself a personally happy but woefully broke divorced mother of 2. Gave up my share of jointly owned real estate just to get him out of that part of my life. Then got sucker punched by the IRS. Served me right since I paid little attention to the advice of my elders. 20 odd years later, I'm financially secure in a manner I couldn't imagine back then. Although it was a hardship I procured the services of a qualified financial planner and stuck to the plan outlined for me and updated it every year or two. I'm now in my 50's, able to lend money to the ex(IF I'm so inclined; revenge is a dish best served cold) and able to retire at a rate of 87.4% of my highest annual income. Working with my planner now to up the percentage.
Oh and in my opinion the David Ramseys of the world are only needed for minute portions of your life(lack of self control, much?) and certainly will not get you to older age unless you plan to join the paid lecture route with him/them. Credit is a tool; use it to your benefit.
In my 30's, I found myself a personally happy but woefully broke divorced mother of 2. Gave up my share of jointly owned real estate just to get him out of that part of my life. Then got sucker punched by the IRS. Served me right since I paid little attention to the advice of my elders. 20 odd years later, I'm financially secure in a manner I couldn't imagine back then. Although it was a hardship I procured the services of a qualified financial planner and stuck to the plan outlined for me and updated it every year or two. I'm now in my 50's, able to lend money to the ex(IF I'm so inclined; revenge is a dish best served cold) and able to retire at a rate of 87.4% of my highest annual income. Working with my planner now to up the percentage.
Oh and in my opinion the David Ramseys of the world are only needed for minute portions of your life(lack of self control, much?) and certainly will not get you to older age unless you plan to join the paid lecture route with him/them. Credit is a tool; use it to your benefit.
