Go Back   iRV2 Forums > iRV2.com COMMUNITY FORUMS > Just Conversation
Click Here to Login
Join iRV2 Today

Mission Statement: Supporting thoughtful exchange of knowledge, values and experience among RV enthusiasts.
Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on iRV2
 
Thread Tools Search this Thread Display Modes
 
Old 01-18-2016, 08:50 AM   #15
Senior Member
 
Join Date: Apr 2005
Posts: 332
We semi retired at 41 and bought our coach to last 25 to 30 years. Getting close to half way on that figure and don't suspect it will be a problem getting it to last 30 years. We have been full timers since day one but intend to be part timers by age 60 as we are getting ready to build a house in the next 4 or 5 years. Once we are fully retired our snowbirding locations will switch to europe so there will be less wear and tear on the motorhome. Good coach though. No problems. Just regular maintenance and renos.
__________________

__________________
radar is offline   Reply With Quote
Join the #1 RV Forum Today - It's Totally Free!

iRV2.com RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!

Old 01-18-2016, 09:39 AM   #16
Junior Member
 
Join Date: Aug 2015
Posts: 6
My wife and I purchased a used 2005 Fleetwood Terra 26y last year for our 25th wedding anniversary. The intent is for this to be our "practice" MH. We want to see what we like and do not like then when we retire in 5 years we will get just what we want and need. We will not full time it but living in Arizona my plan is to be north during the summer months.
__________________

__________________
milobramble is offline   Reply With Quote
Old 01-18-2016, 10:20 AM   #17
Senior Member
 
MattTaylor's Avatar
 
Join Date: Feb 2014
Posts: 134
We are in close to the same situation as the original poster. I'm 50 and a retired Realtor as well as a 100% disabled veteran. My wife is the same age, retired from the military and will retire soon from a city job.

When we bought our 2004 Sightseer about 3 years ago we thought it was going to be our 'getting started' RV with an intent of buying new, right about now actually, but that has changed. What we've realized over the last 3 years after researching a bunch of new class A's getting ready to buy a new class A is that we bought our Sightseer in practically new shape, low miles, for a fraction of the new price. The generator had less than 100 hours on it and the V10 only had 28,000 miles on it.

What we've decided to do, rather than buying new, is to turn our already great RV into exactly what we want to live in. I've added --

- Safe-T=Plus steering stabilizer
- Solar Power System (excellent!!)
- Extra Propane Tank
- All lights are LED
- Changed out tube TV's

Things I will add over the next six months

- Composting toilet
- TurboKool Swamp Cooler (Fantastic fan moves to replace bathroom fan)
- Auto Generator Start

I've kept very good records on how much all of this has cost us. On July 1st we will roll out with our Sightseer fully paid for and setup exactly how we want it and we will have spent less than $45,000 total over a 3 1/2 year period to do it. Our goal is to be able to live for extended periods in remote locations without hookups, in that regard and many others we think our RV is even better than new, but of course we may be just a bit biased
__________________
2017 Winnebago Forza 36G (Puff The Magic Wagon)
2004 Jeep Wrangler 4x4 (Golden Eagle)
YouTube Channel - Nomadic Native
MattTaylor is offline   Reply With Quote
Old 01-18-2016, 10:33 AM   #18
Senior Member
 
ArmandV's Avatar


 
Winnebago Owners Club
Ford Super Duty Owner
Join Date: Apr 2015
Location: Tarzana, CA
Posts: 1,176
I retired two months ago at 61. I will be 62 next month and Social Security will kick in shortly thereafter. I am great financial shape right now and in good health (knock on wood). After seeing how my parents really didn't enjoy retirement all that much due to health issues, I decided to [Moderator Edit] and leave the rat race now so I can enjoy my retirement.

I bought my 2015 Minnie Winnie new for cash and have paid off a lot of outstanding debts. At this point, this will be the last RV I'll buy, but you never know if I may change my mind. I am happy with what I've got.
__________________
2015 Winnebago Minnie Winnie 22R

"Outside of a dog, a book is man's best friend. Inside of a dog is too dark to read." - Groucho Marx
ArmandV is offline   Reply With Quote
Old 01-18-2016, 09:18 PM   #19
Senior Member
 
Outdoors RV Owners Club
Join Date: Jul 2014
Location: Salt Lake City area
Posts: 542
Looking at it from a purely financial view, it depends! :-) I just retired and my husband retired two years ago. We had the trailer we wanted (we have no desire to full-time), but wanted a new truck. I could have paid for the truck with the retirement funds, but I am actually making more on the investments than the percentage on the loan. So much depends on how much money you have, and it also depends on what interests rates do as compared to the investment rates.

We do anticipate that we will buy a DP at some time in the future, when DH has trouble dealing with heavy hitches. Since he is only 63, we aren't thinking it will be soon. However we have financial plans that could cover the cost in as little as 5 years, about the earliest we think it could happen.

Summary: Have a good talk with your financial advisor.
__________________
2014 Outdoors RV Timber Ridge 240 RKS
2015 Ram 2500 Diesel
http://toobusyforwork.com
UTTransplant is offline   Reply With Quote
Old 01-19-2016, 03:45 PM   #20
Senior Member
 
rapid rick's Avatar
 
Fleetwood Owners Club
Join Date: May 2013
Location: CT
Posts: 567
I retired 2 years ago at 55, no regrets. All I can say is use every bit of common sense when it comes to spending big money.I just attended the 6th funeral since christmas,a buddy died at 54 years old,right in my face life DOES NOT last forever,live it,while you can .
__________________

Rapid Rick
2013 Fleetwood Terra 35K
rapid rick is offline   Reply With Quote
Old 01-20-2016, 10:13 AM   #21
Senior Member
 
beamisl's Avatar
 
Winnebago Owners Club
Ford Super Duty Owner
Join Date: Jul 2014
Location: MI
Posts: 3,470
Hello,

My husband and I bought what will be our first and only MH. It was used and we paid cash. I DO NOT WANT PAYMENTS when I retire. We looked long and hard to find it and almost bought another but so very glad we went with this one. Less than 19000 miles on it.

We plan to get new carpet, have to replace 2 windows, and want to upgrade the TV and Radio this spring. We are looking for a company now to do the work. Live in MI and want someplace within 4 hours drive to do this.

I guess you can plan and do all you can to make sure you have all areas covered but life often interferes. We want to travel and I retire in 18 months. Our first winter out of Michigan will be 2017. I look forward to it and so does my husband who is already retired.

You have to go with your best choice and if it turns out wrong then adjust. Nothing is permanent. Lynne
__________________
Retirement coming soon on January 4th, 2018
Lynne and Jerry RVM 105
2004 Winnebago Itasca Sunova (Miss May) Blue Ox Tow Bar /2015 Equinox
beamisl is offline   Reply With Quote
Old 01-21-2016, 10:36 AM   #22
Senior Member
 
38Chevy454's Avatar
 
Join Date: Aug 2013
Location: Cincinnati, OH
Posts: 742
Mine will last me long into retirement, not quite retired yet. I bought what will work for longer trips and extended travel. I am similar to others, buy it now and not have any debt once retired, although I paid cash for my MH. Just replacing and building up the retirement savings now until retirement gets here!
__________________
2005 Kenworth Showhauler truck conversion.
. 44 ft, Cummins ISX15 450 hp, 10 speed, twin screw
I used to have a handle on life, but it broke
38Chevy454 is offline   Reply With Quote
Old 01-22-2016, 01:08 PM   #23
Senior Member
 
Join Date: Dec 2014
Posts: 264
Bought the first after I retired. Never thought I would ever be able to afford one. Haven't specifically budgeted. In ten years I will see where investments are and determine if I can afford one more. If not I will make this one last as long as I can.Maybe another one in 15 years, maybe not.
__________________
AbdRahim is offline   Reply With Quote
Old 01-22-2016, 01:31 PM   #24
Registered User
 
Join Date: Sep 2014
Posts: 2,319
My wife retired at 50 3 years ago. We weren't totally prepared for that and I'm driving old cars and working a little OT to help out. We have lots of equity but are finding that equity doesn't necessarily help right now.

The good news for us is that by 2020 (when I can retire at 56) We'll have 2 rental houses paid for. We both worked for the government so health care is pretty good. My wife's SS supplement kicks in and we are going to be better off in retirement than before. I only plan on using the interest on my investments for the first several years. I'm a blue collar guy but we've always put money away and hope to make between 8500-10k per month in retirement.

Plan is to use the rental income to pay for a 100k DP if I can get the loan.

We have a older class C now with solar.
__________________
okcnewbie is offline   Reply With Quote
Old 01-22-2016, 06:40 PM   #25
Senior Member
 
Roger G's Avatar
 
Join Date: Mar 2011
Location: Amory, Ms
Posts: 698
I can retire now but I figure that as long as she is working, I owe it to her to keep working too. We are debt free but would probably borrow money if we bought new now, depending on interest rates and returns. By working 5 more years, I can save the money to pay cash for a diesel pusher in the 250-300 k range but my current RV will depreciate for five more years. I can trade now and get more for my present coach and pay less for a new one than I will in five years. I guess I'm over thinking this. The fear of the unknown and not having a steady income as a safety net is driving me nuts.
__________________
Roger And Kim Goodwin
bout them DAWGS!!
Roger G is offline   Reply With Quote
Old 01-23-2016, 09:13 AM   #26
Senior Member
 
American Coach Owners Club
Join Date: Feb 2000
Location: Oxford, Conn & Davenport,Florida
Posts: 414
Quote:
Originally Posted by Roger G View Post
Did you budget for another RV in your retirement or did you retire with what you thought was your last RV? We are 51 and 50 and can retire from DW's job at 55 with benefits including access to company health insurance which is the deciding factor for us. We have a paid for 2014 gas MH now but ideally would like to have a DP when we really hit the road. I realize a gas coach will go anywhere a diesel will go but I don't see us living in this coach for the next 20 yrs if we live that long and decide to fulltime that long as well. We were discussing this today, do we buy our last MH now and get it paid for by retirement or do we sit pat and budget for a new DP or gas coach post retirement? Just wondering what other people have done and experienced. Thanks in advance.
Roger, I believe you've asked the questions we all have faced....but I'm convinced there is no one answer that would fit all the people on here who thought it.and as you see there was a varied amount of answers..as people have different bucket lists and DIFFERENT financial situations to live with in

We retired at 53 and am now 74..wow, has time flew,we sort of had an idea of what we wanted, but things change,family changed..daughter not married then, actually she started college day I retired.son had graduated 3 months earlier..no grandkids...now 4 great grandsons...9,9,7,3....was probably biggest game changer going..have bought 4 motorhomes since then...each was not planned and the last one....
Guess my advice would be;have a plan>write it down in the sand...not concrete..and as you go along adjust it to both of your wants and needs.....FLEXIBILITY I think is the key to live with in your own situation
I by the way....have in my plans, both bucket list and finances , to live to 100 yrs old
CHUCK
__________________
2017 45 FT Newmar Mountain Aire Seville Freightliner..with a 2015 Granite Grand Cherokee
Limited....GO NOLES
2012 American Tradition Merlot-Spartan>>SOLD
chuckster52 is offline   Reply With Quote
Old 01-23-2016, 09:21 PM   #27
"Formerly Diplomat Don"
 
Dutch Star Don's Avatar
 
Newmar Owners Club
Join Date: Apr 2005
Location: Moorpark, Ca.
Posts: 9,290
"Roger G"......If you're looking for suggestions....here's mine. We bought a year old used gasser about 5 years before I retired. The intent was to use it until retirement and then buy a new DP. We hated the gasser (Fleetwood Terra) because it had the Workhorse brake issue and a badly designed toilet that plugged every time you used it. We sold it a year later and bought a new 2005 Monaco Diplomat. We kept that coach for nine years, 5 years before retirement and 4 years after retirement (retired at 55). Since most can RV to at least 70-75 years old, we decided that we didn't want to stretch the Diplomat out over another 15-20 years. We decided to buy at least one more new RV and hopefully keep it to 70 years old if our health holds out.

So, we kind of did what you're talking about doing, but would not be my recommendation. My suggestion would be to keep your 2014 motor home, save for a new DP and then buy one shortly after you retire. In retirement you can shop for what you want, take your time prepping it and making it your own. It will also be a viable unit for at least 15 years if you take good care of it.

Now here is the most important reason for following the above plan to buy after retirement. "Mr D" has been very open about buying a luxurious retirement RV and then his wife came down with cancer. I have a lot of respect for him because he openly discusses the situation, which may have helped many make a decision to enjoy life now! He may never know how many people have heard his story and stepped up their plans

So, with that said.....you have a good plan that will allow you to retire young and hopefully enjoy a long life, but I would wait until you retire, make sure nothing changes in your life and then use your current RV as a down payment on a new motor home. It will also give you five more years of technology.
__________________

__________________
Don & Mary
2014 Newmar Dutch Star - All Electric - 450 ISL
2016 GMC Canyon 4WD Crew Cab
Dutch Star Don is offline   Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Another hitch question gap23 Trailer Towing and Tow Vehicles Discussion 6 08-10-2015 10:22 PM
Battery and Power Question rrthor Alpine Coach Owner's Forum 31 07-12-2015 08:05 AM
Slideout Question -Grumpy- Winnebago Industries Owner's Forum 5 07-01-2015 04:44 PM
A/C & Gas Heater Maint Question Bilgerat Fleetwood Products Owner's Forum 0 03-11-2015 07:46 PM

» Virginia Campgrounds

Reviews provided by


Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 09:20 PM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.