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06-07-2015, 05:58 PM
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#1
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Thinks s/he gets paid by the post
Join Date: May 2014
Posts: 1,867
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Without bound
Worried about having enough saved for retirement. I came upon this documentary I think you will find it interesting.
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06-07-2015, 06:54 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: Sep 2005
Location: Northern IL
Posts: 25,808
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Wanna give us a hint before I invest 50:31 of my life?
-ERD50
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06-07-2015, 07:54 PM
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#3
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Thinks s/he gets paid by the post
Join Date: May 2007
Posts: 1,525
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I watched, and found it engaging enough to go all the way through.
It's a profile of a half-dozen full-time vagabonds. Single men, single women, a couple. All are living on ultra-low spending of perhaps $500 - $1000 per month. None live in conventional RVs or trailers, though. One has a stealth cargo trailer. Several have van conversions.
The common thread to each of them - and the part that makes it interesting in a way a good documentary does - is they all seem to be content and fulfilled living Thoreau's life in a van down in the National Forest, BLM land, or in a quiet parking lot in a town they are traveling through.
There's some hippy-dippiness to some of the story-tellers, though. I found myself wondering about the brownies being baked in a sun oven around 16:30.
Three and a half stars.
__________________
No doubt a continuous prosperity, though spendthrift, is preferable to an economy thriftily moral, though lean. Nevertheless, that prosperity would seem more soundly shored if, by a saving grace, more of us had the grace to save.
Life Magazine editorial, 1956
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06-07-2015, 08:02 PM
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#4
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Thinks s/he gets paid by the post
Join Date: May 2014
Posts: 1,867
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These are a group of people that retired with very little... some manage on as little as $500 a month. They live in campers or converted vans and travel about the country. They talk about our countries addiction to consumerism and what it really means to simplify. They are extreme examples no doubt but there are some valuable lessons to be learned.
Some started their adventure because they lost it all - others because they decided on a lifestyle change. They talk about where they can camp for $0 ... Government owned lands, the local car repair shop,...
What struck me most is that many people will tell you need $1MM to retire. These people will tell you and show you that you are wrong. They will tell you living a life as a slave to a home with a 30 year mortgage is insanity.
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06-07-2015, 08:19 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 25,808
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OK, thanks for the descriptions. Watched 5 minutes of it, that was enough for me. Too 'preachy' for me.
If these people like that life style, that's fine. I can see a certain attraction to it. But the comments like (paraphrasing) - 'the advertisers are trying to get everyone to buy a new car every year' and ' the average person spends 47% of their income on their home - that's a crime', turn me off. It's a choice. If someone wants to spend 47% of their income on their home, that's a choice. If someone wants to live in their vehicle, that's a choice.
Quote:
What struck me most is that many people will tell you need $1MM to retire. These people will tell you and show you that you are wrong. They will tell you living a life as a slave to a home with a 30 year mortgage is insanity.
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I disagree that they will show you it is 'wrong'. They will show you a different path. But what if that path isn't to your liking? Does that make me 'wrong'? And them 'right'?
My 30 year mortgages were not insanity and didn't make me a slave. That statement is crazy. We wanted a nice home in a good school district in a good place to raise our kids, that was close to my work. That was freeing. And it was a choice. It's not the only path, but it was ours, and even in hindsight I'm good with it.
I hope these people are happy with their choice as well. But I don't need any preachers telling me my way is 'wrong'.
Saved myself 45:31.
-ERD50
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06-07-2015, 08:19 PM
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#6
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 46,749
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I may be getting old, which is crummy in itsself, but what a blessing that I don't also have to live on $500/month.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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06-07-2015, 08:36 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Jun 2014
Posts: 1,069
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I liked the vid, and enjoyed being exposed to the mindset and getting a glimpse into the lifestyle.
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06-07-2015, 08:58 PM
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#8
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Dryer sheet wannabe
Join Date: Aug 2013
Posts: 24
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I wish I would have spent a few years traveling the country living in a minivan after highschool and before college. I could have survived without a daily hot shower back then. Not so now.
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06-07-2015, 09:07 PM
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#9
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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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I've watched it before (may have even seen it posted on this forum) and quite enjoyed it. I love seeing different perspectives and how different people can find satisfaction in lifestyles that are outside the norm.
Thanks for reminding me about it, and I did get a laugh again out of the aging hippy elements. But some of their stories are really touching, and it is clear they are living on their own terms.
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
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06-07-2015, 09:34 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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I'm sold. I'll be off to Prince Rupert inside a week. Thank you for sharing.
Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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06-07-2015, 10:48 PM
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#11
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Thinks s/he gets paid by the post
Join Date: May 2014
Posts: 1,389
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Quote:
Originally Posted by W2R
I may be getting old, which is crummy in itsself, but what a blessing that I don't also have to live on $500/month.
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Living on $500 a month to me borders on the impossible.
__________________
Understanding both the power of compound interest and the difficulty of getting it is the heart and soul of understanding a lot of things. Charlie Munger
The first rule of compounding: Never interupt it unnecessarily. Charlie Munger
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06-07-2015, 11:48 PM
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#12
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Recycles dryer sheets
Join Date: May 2015
Location: NorCal
Posts: 278
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Nice video. Good to see that some folks can enjoy life even with such meager financial resources. Goes to show how much one really needs to get by.
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06-08-2015, 06:37 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Chicago
Posts: 1,153
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Well, someone once said you are better off if you are wealthy or poor. It's most us middle class folk that get stuck with the bill.
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06-08-2015, 08:47 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Posts: 2,674
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That video convinced me that I would never want to live like that.
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06-08-2015, 09:13 AM
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#15
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Thinks s/he gets paid by the post
Join Date: Jun 2014
Posts: 1,069
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The internal ability to adapt to something even approaching this lifestyle, even temporarily, and still be happy, would be a priceless asset to have if the worst of times ever struck.
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06-08-2015, 09:28 AM
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#16
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Recycles dryer sheets
Join Date: Jul 2005
Location: Las Vegas
Posts: 90
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This guy is not retired but lives in his van. His says of himself "I'm a nomad, musician, and big proponent of the simple life".
To Simplify 2.0
__________________
FIRE may actually be attainable
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06-08-2015, 09:29 AM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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I could do it on a temporary basis, but not permanently...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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06-08-2015, 10:42 AM
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#18
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Thinks s/he gets paid by the post
Join Date: Apr 2011
Location: Madison
Posts: 1,337
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Some of them may even possibly yearn for the Great Depression. . .
__________________
Wild Bill shoulda taken more out of his IRA when he could have. . . .
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06-08-2015, 10:56 AM
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#19
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Thinks s/he gets paid by the post
Join Date: Aug 2005
Location: Crownsville
Posts: 3,149
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I think it would be fun to do something short term...might be a fun way to see the United States. But, I couldn't live that lifestyle, long term.
People talk about being trapped by big houses, luxury splurges, etc. But to me, something like living out of a van could become its own trap. If you have the money for something better, you can stop doing it and go home once the magic wears off. But to be forced to live on so little, I'd worry about what happened if the van broke down, where I might be spending my next night if I can't find a free/ultra-cheap place to park, where my next meal is coming from, etc.
I guess you'd get used to it, but to me it would seem like a life of constant worry.
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06-08-2015, 07:50 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 1,495
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Thanks for posting. Thoroughly enjoyed watching all of it. I live in an area where the stench of people preoccupied with the material (5 minutes from Beverly Hills, California) permeates everything. You can cut the buried unhappiness and dissatisfaction with a knife. When I leave here in 4 1/2 short years, I may very well consider buying a self-contained camper (RV would be too big for my tastes) and hitting the road, at least for a while. The Waldon reference in the video was priceless.
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