Full Time Considerations
  • the cargo carrying capacity. Don't overload.
  • During winter, the cost of fuel/propane to warm up and recharge batteries). The solar panels are less effective in the winter due to the shorter days and lower sun. Plan for as much as $7 to $8 a day in fuel costs to dry camp in really cold weather. When hookups can be had for $8 to $10, it makes sense to plug in and fire up the electric heater…..

Making the decision

Making the decision to become a full-time RVer

  • Do I like adventure and excitement?
  • Am I a daring person? (Even driving a big rig is a challenge)
  • Am I a "people-intensive" and outgoing person?
  • Do I have a excellent relationship with my spouse?
  • Early retirement and it's impact on Social Security.

Positives

Some answers:

  • Save money from sold house (to keep smaller later)
  • Cost of fuel is easy to control: travel less, stay longer.


Negatives

Warnings and negative points when considering FT RV:

  • even big RV (40") cannot take all the comforts of stick house

Insurance

How to pay for retirement:

  • Spend taxable savings first
  • Spend tax-deferred accounts (Rollover IRA and 401k. Roth IRA is not taxed,
  • Wait close to 70 to start Soc Security benefits. SS Benefits increase 8% for every year deferred, and is inflation adjusted. Rare. And you can earn income without decreasing benefits.
  • Break-even age is 78 when deferring SS to 66 - you may want to start earlier if in really bad health. If married, start SS benefits for less-earning spouse first, defer more earning later.
  • Annuity is expensive.
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