Forum Discussion
Thunder Mountain wrote:
1. We are in our early-mid 60s and in excellent health. So, I would expect we would have a good 10-15 years to full time. Did you sell everything or did you store some "seed" items to restart housekeeping after the road?Since we sold the S&B, everything had to go because we didn't want to store anything.
2. We are burdened by generations of family stuff plus 40 years of our own collecting and buying and selling. We have everything from a grand piano to a 6 1/2' antique rolltop desk. We have no kids or family that needs or wants our stuff. How long did it take you to sell out your stuff?Timing will depend on your particular situation. Here's ours . . . Our house went on the market in January, sold in March, and we had to be out of the house April 26.
Though we were able to get rid of some of our possessions before the house sold, we had a boatload of "stuff" left, so we had an estate sale the week before we had to leave the house.
The estate company was able to get rid of most of our things during a weekend sale. The remaining items were sold on consignment. However, an estate sale means pennies on the dollar. C'est la vie.
3. Did you rent a safety deposit box to keep jewelry and important papers or take everything on the road? What about your will?Nope, but not a bad idea. We tried to scan as many of those important papers as possible.
4. Did you sell the house or lease it in case you didn't like the road?It's sold.
5. Please share any additional information from you experiences!DOMICILE -- Unless you currently live in Florida, South Dakota, or Texas, you may want to change your domicile to one of these 3 states because of no state taxes.
On the other hand, if you have to buy individual heath insurance (because you're not on Medicare), South Dakota would probably not be the best choice because of limited choices.
That said, we domicile in AZ because we bought a park model there.
BANKING -- If you don't have one already, I'd suggest a national bank (BOA, Wells Fargo, etc) instead of a state bank as it's handy having branch offices and ATMs all over the country.