Hello to All! Just signed up to Escapees and this is my first post. Looking forward to learning from all the experts on here.
I would really like to retire in 5 years at 65. I could work until 66 1/2 and get my full retirement. I have been researching full timing in an RV for about a year now. I really like the idea of having the capability of being able to move around. I am thinking that I won't "travel" that much but rather find a location and stay a month or two then go to the next location. Will definitely follow the warmth for winters. I lived in Florida for 6 years so leaning on going back during the winter months but that's not a definite, can look at other warm locations. I now live in upstate NY as of earlier this year due to a job transfer. I just can't decide in what or if I can really afford to do it.Here is what I am thinking at this point in time: Buying a used class a gas motor home, in the 35' range. My current vehicle is towable on a dolly. I really don't want to buy a big truck to pull something. I realize that with a truck and either a travel trailer or 5th wheel there would only be 1 motor, transmission etc. for repairs. I am by myself.
Here is some other info on me:1) Will be debt free at retirement. This includes having either a toad or tow vehicle paid off by then and will pay cash for whatever RV I decide to get.2) Looking at spending up to $40,000 on the used motor home.3) Will have approximately $2,000.00 a month for social security coming in.4) Will have approximately an additional $25,000.00 in savings after purchasing the RV.5) I am NOT handy repairing anything mechanical ie; engines.Here are my questions:1) Is it bad for a motor home to sit for a month or two? 2) Is living full time in a motor home doable on $2,000.00 a month? Please remember I am alone, no other person or pets to consider. I don't have a lavish lifestyle, don't eat out very often, stay pretty much at home now. I don't want to get into it only to discover in a year or so I can't afford it.Thank you for all your expertise advise in advance.