What to watch for and watch out for

We spend 3-4 months on the road. You can not plan for all possible problems. In August, we were happily driving down the road when our truck caught on fire and destroyed our truck and trailer. We were 1,800 miles from home. It was a fluke and couldn't be predicted. The Illinois Highway patrol, local fire fire fighters and our insurance company were a God-send in getting us going again. If you have medical and vehicle insurance, you should be able to weather any type of mishap and move forward. You might also have a plan in place in case of an expensive mechanical breakdown. Here's a picture of our rig burning up along side the highway.



Jim

You'll need money. A steady income AND investments or savings. I see too many retirees living on a shoelace - which may work for them but not for me.

Make a budget. RV maintenance, put away XX dollars a month for maintenance. Food, clothing is what you would expect at home. RV parking 35 to 50 dollars a night unless you get a monthly rate for long term stay. Everything else is pretty much normal expenses, fuel, etc.

I still own my stick and brick house, but consider myself a full timer, as my RV requires my full time attention! (he he!!!)

But if you're referring to those who have given up their stick and brick homes and are on the road (sort of say), permanently?... from everything I've read about the lifestyle, the number 1 thing to consider are .... those things you'd never consider. There's no way to prepare, so the best advise is to have enough capital (money) can you successfully do it. And if you think you have enough, well, maybe you need to double it!

Unfortunately, the unexpected happens. When that happens you need to have a back-up plan. This post from yesterday was a real wake-up call for me of just one such situation that can change everything in an instant! (for the week-end warrior OR the full time wanderers.) Bottom line ... plan for the unplanned!

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