Hi Everyone. Well, after 15 years the RV-Dreams Community Forum is coming to an end. Since it began in August 2005, we've had 58 Million page views, 124,000 posts, and we've spent about $15,000 to keep this valuable resource for RVers free and open. But since we are now off the road and have settled down for the next chapter of our lives, we are taking the Forum down effective June 30, 2021. It has been a tough decision, but it is now time.
We want to thank all of our members for their participation and input over the years, and we want to especially thank those that have acted as Moderators for us during our amazing journey living and traveling in our RV and growing the RV-Dreams Family. We will be forever proud to have been founders of this Forum and to have been supported by such a wonderful community. Thank you all!!
Hello everyone. This is my first post and a long one so I apologize.
Introductions - My wife and I are in our late 40's we have camped for most of our adult lives, owned pop-up and Class A RV's and we love to travel. Our kids are are 18+ and looking for ways to move into adulthood themselves. We are now in full time prep mode for our "leisure time".
Our end goal is to be full time RV'ing in 6 years time (no house). This gives the kids time for higher education while living at home and moving on with their lives. The wife and I are looking at all our options at this point.
1) We own outright a Can-Am Spyder RT which we now use exclusively for 2 up travel and camping. This would be our preferred TOAD.
2) Keep adding to the retirement income.
3) Researching RV technology in hopes that when the time comes what is on my wishlist will become reality and available for RV's. (more efficiency, and better battery tech)
4) Researching RV living and new trends.
5) Already started downsizing so the kids know were serious.
Intentions are to travel a lot, but the wife would still like a "home base". I think it's too soon to look at making an investment like this without knowing where the kids will be. Investment properties are being considered but it appears the zoning regulations are so varied and I can't find a resource that will allow an inclusive search of all counties/townships for this type of information. They don't make it simple for RV and Tiny Home owners. Hopefully with the surge in Tiny Home interest this information will become more upfront.
With time on our hands to prepare I hope we can find something that fits perfectly for what we want. Maybe we should start a blog so I can document all this.
I like that you have a multi-step plan :) I will say that timelines tend to accelerate and in our case our youngest child going into the military (so no college) escalated our timeline by 4 years. I really recommend that you attend an RV dreams rally if you can. It's a wonderful environment, a great way to get your questions answered, and most importantly a way to meet people in the exact same situation that you are. Just don't be surprised if the timeline changes lol
You don't say whether you own your home outright. If you are still paying a mortgage then I'd focus on killing that before buying an RV ahead of time. If not and your July travel expenses (mentioned on your other thread) are typical monthly travel expenses then I'd consider the purchase of an RV has some merit. The same would apply if you have built up sufficient equity in your home that you can start the RV lifestyle with no debt (use equity to buy your rig for cash). Lot's of variables to consider on how you can make it work for your situation but bottom line is you will lower your stress level with no debt when it comes to the roof over your head.
As usual the answer is sorta "it depends". What works for you doesn't necessarily work for anyone else. Trace is right about working out good plans beforehand and not being surprised if it all happens sooner than you think. We originally figured on 2022 to start but we have it fairly firmly planted on a late 2018 or early 2019 just from becoming more educated on RV budgeting, understanding the changes in cashflow going from FT JOB and S&B living to relatively fixed income and mobile lifestyle. Knowledge is your friend.