Real cost of full timing
I am nearing retirement and would like to RV full time, traveling the country stopping no longer than 30 days in any one area. I'm not frugal but I'm not extravagant either. I don't want to spend my r...
Forum Discussion
Everything seems to be a balancing act especially as you get older and living on a fixed income.
The break even point on SS seems to be about 82 no matter the age you start drawing. If your life expectancy is earlier than 82 it seems it would be more prudent to start drawing earlier. I looked at my family history and most all members of my family live around 80 years. I have a grandma who is 94 and a uncle who is 82 but they seem to be exceptions rather than the rule. Dad died in June at 78. With the exceptions of a few, most of my family die from heart related problems and were active with few debilitating problems prior to their deaths. About half of my siblings including me have already had our first heart attack in our 50's so I know I'm not immune.
So, if I look at my life honestly, I will probably die with-in a few years of the age of 80 but will probably remain active and in good health until then. I think realistically age 70-75 would probably the age when hauling a fifth wheel around the country would be too stressful, too physical, or too dangerous.
I don't know how long it will take to complete my bucket list but I want to allow at least ten years which means I need to be on the road by age 60.
Where I call home for tax and health purposes has also been on my mind and I believe NC is not as senior friendly as other states so If any one can share some insight into calling another state home I would love to hear from you. Thank you all for your generous time to respond. I'm learning a lot from each of you.
The break even point on SS seems to be about 82 no matter the age you start drawing. If your life expectancy is earlier than 82 it seems it would be more prudent to start drawing earlier. I looked at my family history and most all members of my family live around 80 years. I have a grandma who is 94 and a uncle who is 82 but they seem to be exceptions rather than the rule. Dad died in June at 78. With the exceptions of a few, most of my family die from heart related problems and were active with few debilitating problems prior to their deaths. About half of my siblings including me have already had our first heart attack in our 50's so I know I'm not immune.
So, if I look at my life honestly, I will probably die with-in a few years of the age of 80 but will probably remain active and in good health until then. I think realistically age 70-75 would probably the age when hauling a fifth wheel around the country would be too stressful, too physical, or too dangerous.
I don't know how long it will take to complete my bucket list but I want to allow at least ten years which means I need to be on the road by age 60.
Where I call home for tax and health purposes has also been on my mind and I believe NC is not as senior friendly as other states so If any one can share some insight into calling another state home I would love to hear from you. Thank you all for your generous time to respond. I'm learning a lot from each of you.
