Monday, November 3, 2008
Retirement Date is Set!!
We've set the date. January 2010 is the date for my retirement regardless of how the stock market is doing. We'll just have to get by on my Federal pension and my Social Security check until our Thrift TSP account gets healthier. Might be a few more years; but we have until I'm 72 before we have to start taking it out. Until then it will grow tax free. We were planning on more income for retirement but we should still have enough to join the ranks of full-time RV'ers.
We hope to get a lot of help from those RV'ers that blazed this trail before us. So many decisions to made. We have to sell our house; should we sell everything else or put it in storage? What kind of RV to buy. We have an older 23' Fleetwood Terry that we pull with our 1999 F150. That obviously won't cut if we plan to live in it full-time. What's best? Should we buy another bumper pull, a 5th wheel or a motorhome. Finances play a significant part of that decision. We would like to spend less than $30-35k for our rig. Also, what is a reasonable budget for traveling expenses? How about GIS systems?! What about internet service; do we need it if we use something like the Iphone or the T-Mobile Google Phone?
Labels:
pension,
retire,
RV,
social security,
TSP
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