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Retirement comes early for these 20-something RV-travelers
05-23-2016, 08:23 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Williston, FL
Posts: 3,925
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Retirement comes early for these 20-something RV-travelers
A couple of Minnesotans. These folks have a bit more guts than me, but it is certainly early retirement.
Quote:
...But the truth was that we no longer wanted to work 50 to 60 hours a week, only dreaming of our upcoming vacations, and hating all the days in between. We wanted to spend more time with each other than our busy work schedules would allow, which was less than one day a week on average. Years of planning and scheming brought us to our motorhome idea.
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The money aspect is a tricky one. We have been able to pick up some contracted work along the way, and we’ve dabbled in jewelry making, soap making and photography. We are using this experience as an opportunity to explore what makes us happy because the only “jobs” we want are ones that we are passionate about.
Retirement comes early for these 20-something RV-travelers – Twin Cities
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__________________
FIRE no later than 7/5/2016 at 56 (done), securing '16 401K match (done), getting '15 401K match (done), LTI Bonus (done), Perf bonus (done), maxing out 401K (done), picking up 1,000 hours to get another year of pension (done), July 1st benefits (vacation day, healthcare) (done), July 4th holiday. 0 days left. (done) OFFICIALLY RETIRED 7/5/2016!!
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05-23-2016, 08:35 PM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,374
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I wonder what they are doing for health insurance and health care. One minor incident could wipe them out if they don't have health insurance.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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05-23-2016, 08:38 PM
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#3
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,731
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Quote:
Originally Posted by Senator
A couple of Minnesotans. These folks have a bit more guts than me, but it is certainly early retirement.
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I think it's temporary retirement. With no money (to speak of) and an aging RV, this adventure will come to an end sooner than later.
__________________
*********Go Yankees!*********
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05-23-2016, 08:41 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Mar 2008
Location: Jalisco, Mexico
Posts: 1,747
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No. No, no, no. This is not 'retirement' despite the headline...
Quote:
We spent that summer working and saving up as much money as we could. We wanted to be able to travel for a good amount of time before having to find an income again.
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Nor is it financially independent. It's more like a gap year, or location independence.
Quote:
The money aspect is a tricky one. We have been able to pick up some contracted work along the way, and we’ve dabbled in jewelry making, soap making and photography.
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It makes our own plans seem downright sane!
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05-23-2016, 08:44 PM
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#5
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Thinks s/he gets paid by the post
Join Date: Nov 2013
Location: Twin Cities
Posts: 3,941
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Good for them. They are having adventures and can plug back into The Matrix later.
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05-23-2016, 08:54 PM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Fast forward 40 years, and they are now in their 60s. Will they be like the subjects of the video "Broken Eggs" (or rather "No Eggs") in a recently revived thread?
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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05-23-2016, 09:17 PM
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#7
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 13,186
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Quote:
Originally Posted by Markola
Good for them. They are having adventures and can plug back into The Matrix later.
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+1
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
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05-23-2016, 09:36 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Mar 2014
Location: Southern Cal
Posts: 4,032
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I don't think this is permanent. It's like kids years ago backpacking in Europe for a year, that's not retirement. I call it temporary absence from real full time employment. Good for them. I wish I did more traveling when I was younger.
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05-23-2016, 10:10 PM
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#9
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Recycles dryer sheets
Join Date: Sep 2011
Location: MSP
Posts: 304
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"We were young, determined, skilled and couldn’t think of a single reason why this wouldn’t work for us. We didn’t consider all the other young, determined and skilled people who might be out there, too."
Reminds me of those toward the other end of the age spectrum whose plan is to work through their seventies, seemingly oblivious to all those other folks holding the same plan.
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05-24-2016, 06:40 AM
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#10
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Williston, FL
Posts: 3,925
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Quote:
Originally Posted by pb4uski
I wonder what they are doing for health insurance and health care. One minor incident could wipe them out if they don't have health insurance.
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In Minnesota, if you are low income, healthcare is free or nearly so. My DGF is going to rely on a BCBS policy that will cover most everything for less than $20 a month. $0 deductible. Healthcare, dental, vision, pharmacy and up to 6 ambulance rides per month.
__________________
FIRE no later than 7/5/2016 at 56 (done), securing '16 401K match (done), getting '15 401K match (done), LTI Bonus (done), Perf bonus (done), maxing out 401K (done), picking up 1,000 hours to get another year of pension (done), July 1st benefits (vacation day, healthcare) (done), July 4th holiday. 0 days left. (done) OFFICIALLY RETIRED 7/5/2016!!
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05-24-2016, 08:32 AM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
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couple of thoughts:
with the new overtime rules effective December 1, they could be making bank at 50 to 60 hours a week.
they are missing the most important part of life to be saving
I wouldn't call this "retirement" they are eeking out an existence
__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
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05-24-2016, 08:47 AM
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#12
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Thinks s/he gets paid by the post
Join Date: Jun 2004
Location: Diablo Valley (SF Bay Area)
Posts: 2,705
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Senator, is she finding providers who will accept her version of health insurance? Although it can be cheap, a lot of providers in more states than not won't accept ACA bronze plans
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05-24-2016, 08:50 AM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
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Quote:
Originally Posted by Fedup
I don't think this is permanent. It's like kids years ago backpacking in Europe for a year, that's not retirement. I call it temporary absence from real full time employment. Good for them. I wish I did more traveling when I was younger.
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Yes, indeed, good for them! There's enough room for all kinds, in this world. Whenever I've met young folks like them in our travels, I've emerged from the conversations refreshed and relieved that they are enjoying the wanderlust while still young enough to appreciate it so fully.
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
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05-24-2016, 09:32 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Location: GTA
Posts: 1,728
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Quote:
Originally Posted by Sarah in SC
Yes, indeed, good for them! There's enough room for all kinds, in this world. Whenever I've met young folks like them in our travels, I've emerged from the conversations refreshed and relieved that they are enjoying the wanderlust while still young enough to appreciate it so fully.
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+2 Youth is only wasted on those who forget to me young (like me). I was always a bit a lot money hungry and missed out on that freedom in my 20s. I encourage all my young relatives and the young staff I meet in bars (ahem) to make the most of life and live it. Old people can earn money.. they can't bungy jump and ride bikes across deserts.
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Family Motto: "Every penny's a prisoner"
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05-24-2016, 09:55 AM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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The couple in the OP's article are not unique. When I started RV'ing, I searched for and found a lot of blogs. One was called "Escape the 9-to-5 before 25".
This young couple were professional financial workers in NYC. They could not have saved much money when they took off in a 22-ft class C RV to wander across the US in 2010. They estimated that their expenses ran about $30K/year. They took on some short-term work here and there, but did not elaborate on how much they brought in.
After 2 years, they announced a divorce suddenly in 2012. It appeared to be in amicable terms. The girl went off on some other activities like modeling, dancing, public speaking, building a Web site, etc... The guy still hangs around in his RV and, according to his own blog which is updated only a few times a year, is volunteering as a campground host in a national forest campground. The gal continued the blogging for a couple of years before stopping the update.
This couple did a lot of interesting things while they were together. Their blog while living together is still online.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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05-24-2016, 10:08 AM
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#16
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Williston, FL
Posts: 3,925
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Quote:
Originally Posted by gayl
Senator, is she finding providers who will accept her version of health insurance? Although it can be cheap, a lot of providers in more states than not won't accept ACA bronze plans
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From what I see, it's the same providers that accept the BCBS insurance we have from the Megacorp. MN has money to burn. We are one of the highest taxed states in terms of income and sales tax.
So, in an RV situation, she would have no trouble getting care. (Once we would get married, then my income counts)
__________________
FIRE no later than 7/5/2016 at 56 (done), securing '16 401K match (done), getting '15 401K match (done), LTI Bonus (done), Perf bonus (done), maxing out 401K (done), picking up 1,000 hours to get another year of pension (done), July 1st benefits (vacation day, healthcare) (done), July 4th holiday. 0 days left. (done) OFFICIALLY RETIRED 7/5/2016!!
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05-24-2016, 10:31 AM
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#17
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 1,495
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Quote:
Originally Posted by dixonge
No. No, no, no. This is not 'retirement' despite the headline...
Nor is it financially independent. It's more like a gap year, or location independence.
It makes our own plans seem downright sane!
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Indeed. It's what's referred to as "eating your young." It's been said that your time is your money is your life. In life, you can spend either your time or your money, which are interchangeable, and in doing so you spend your life. Also in life, you always and only get out what you put in.
Currently, these young adults are spending their futures by "taking out/making withdrawals on" their pasts (which consist of minimal education and experience), and they will pay for it later. We are in a winner takes all economy now, and the margin for error--personally, professionally, financially--has been substantially reduced (if not extinguished, for some). I concur with NW-Bound's post (#6) above.
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05-24-2016, 11:13 AM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
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Quote:
Originally Posted by Koogie
+2 Youth is only wasted on those who forget to me young (like me). I was always a bit a lot money hungry and missed out on that freedom in my 20s. I encourage all my young relatives and the young staff I meet in bars (ahem) to make the most of life and live it. Old people can earn money.. they can't bungy jump and ride bikes across deserts.
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Perhaps as we move out of middle age into full-on curmudgeon status of the elders, we'll get tougher and more judgmental about such profligacies of youth.
Until then, keep encouraging, and don't forget you can ride bikes across the desert at 53, according to DH. Who admittedly spent a week on the couch after returning from said motorbike adventure in Morocco earlier this month.
Carry on, but skip the bungee jumping!
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
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05-24-2016, 11:15 AM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Any photo or video on the "monkey bike" trip? I am most interested to see.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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05-24-2016, 11:27 AM
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#20
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Location: GTA
Posts: 1,728
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Quote:
Originally Posted by Sarah in SC
Perhaps as we move out of middle age into full-on curmudgeon status of the elders, we'll get tougher and more judgmental about such profligacies of youth.
Until then, keep encouraging, and don't forget you can ride bikes across the desert at 53, according to DH. Who admittedly spent a week on the couch after returning from said motorbike adventure in Morocco earlier this month.
Carry on, but skip the bungee jumping!
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Ahh, so true ! I am looking forward to getting old and having the biggest lawn possible so I can tell those damn kids to stay OFFFFF !!!!!! lol
I second the need for footage of Morocco... tell Don to stop being lazy, get off the couch and feed the viewing needs of us ne'er do wells !!
Bungee was an example only. I squeak in fear when the elastic on my bananas breaks unexpectedly...
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Family Motto: "Every penny's a prisoner"
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