cxr133
Sunny Cali
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Joined: 10/15/2005
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HOW HAS THIS ECONOMY AFFECTED you fulltimers?
i know from reading posts alot of people here that fulltime are retired and were living off of retirement accounts, 401k and pensions.
these accounts are probably down 30-40%. just wonddring how this is affecting peoples lifestyle.
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dalehelman
Liberty Lake (Spokane) Wa.
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Joined: 11/16/2003
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Our retirement funds are in CDs and our paid for home. Our principle is secure for now. Home prices are still stable in Spokane. Loans are harder to qualify for so home sales are slowing. We are not planing on any large purchases, and we are still going south for the winter. Lower gas prices should help.
l
Dale & Sandi
2005 Cadillac Escalade
2005 32S Terra
Liberty Lake (Spokane) WA.
Air levelers(DIY for around $20)
Sewer solutionDIY under $50
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2Rovers
On The Road
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Joined: 11/09/2004
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We're doing OK also. About a year ago we got out of the market and went into T Bills & CD's. I think the market will stabilize and things will get somewhat back to normal. We're fortunate we don't have a stick/brick chewing into our funds.
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Nascarcruzin
Home is where the RV is parked.
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Joined: 01/06/2005
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Our money is in mutual funds, which I am sure have taken a hit, saving accounts and real estate which is in a good area of the country near an Army base that is thriving. So far, everything is still good for us; will be better with cheaper fuel.
Rebecca
Ronnie & Rebecca
Check out our journal: North to Alaska
Another website to view our trip to Alaska:
Adventure to Alaska
FMCA #388387
Full-time RVer's since 2004
Monaco LaPalma Workhorse chassis 37' 2-slides
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DianneOK
Donnelly, ID
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Joined: 03/19/2004
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We are fine. We had an exit strategy. Unfortunately we cashed in our investments as the market was going down. Lost a bit, but we are out and putting our funds into dirt. It will take a better economy to sell our rig, so we will wait that out. Meanwhile, we will store the fiver and move into the house......and Mom will relocate to Idaho in the spring.
This proved to us that our exit strategy was a good thing.
Dianne
Donnelly, ID
DataStorm
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2005 Teton 39' Frontier Grand
2003 Freightliner FL60
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Enjoying the Lagniappe
Destin,FL,US
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Joined: 07/28/2003
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We are hanging on until it turns. It always turns and it always will. The problem with living off of the market is that you have highs and lows.
During the highs we move around a lot, buy things, eat out, etc.
During the lows we sit still longer, eat out less, buy less and hang on for better times ahead.
Typically bear markets last 18 months or less, so the hard times are very hard but in the long haul are short.
Enjoying the Lagniappe
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marvmarcy
Polson, MT, USA
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Joined: 04/19/2003
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We just pulled everything out of the stock market and into CDs for now. We have no home other than the fiver. We have been living off military retirement and social security, so rarely had to touch savings. Our average daily "rent" (utilities and parking space) have been running around $10 for the past several years (boondocking and staying at friends/family a lot).
Unlike the previous posters, I think we are in for a long "drought" (7 years), and the economy will not recover back to where it was. This is an international crisis and many huge companies have collapsed, unlike the S&L crisis or previous problems. We have seen extremely risky fiscal policies cause many of the problems, and many of these will not change readily. We've exported much of our manufacturing to China and other countries, helping to build their economies and hurt our own. We've become increasingly an "its all about me" society, absorbed in IPods, cell phones, computer games, and other personal pleasures. Our huge dependence on foreign fuel doesn't help. I can site many other reasons, but not on this forum. Of course this is just my personal opinion.
2001 Volvo VNL42T420, ISX450/1650, super 10sp w/GearMaster
2003 Newmar Mountain Aire 38RLRK
Piaggio MP3 400 scooter
RVing since 1979 - Fulltime since 2000 (mostly CO, MT, NC & Key West)
Retired USAF
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elh0146
Sioux Falls, SD
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Joined: 01/13/2002
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Most of our funds are in CD's and bonds. We do have a few mutual funds that are down, of course, but we'll hang onto them and ride out this downturn.
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WTTCS
freedom , U.S.A.
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Joined: 07/28/2003
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I am doing great, got out 2 years ago, never looked back. All funds in C A S H. So I only make 3.4%. That works for me and I sleep gooooood at night.
1997 chev crew cab 454, 5 sp. 4.10
2000 Fleetwood Caribou 11.5
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Triker33
Homestead, FL
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Joined: 11/30/2002
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The SS & Company pension check are still the same amount every month. So far the SS one has increased every year for COL.
I haven't touched the 401k yet. 401k has had no loss because it is in the low paying MM. No big gains, but always a gain every year. But the IRS is forcing me to start next year, taking some of that out so they can get some tax money from me.
Rest in CD's with one paying 7% for two more years yet.
It comes down to no affect on my RV travels. Have been doing the same every year for the last 9.
Three weeks ago I paid cash for a new Toad and everything to get it ready for 4 down pulling. My Son is going to get my old "98" year car that has 52,400 miles on it. After I put new front brake pads, air filter, fuel filter and 2 new Oxygen sensor's on it this week.
Larry Full Time Since 99
1999 34Q Discovery DP ISB 275HP 6 Speed Allison
Banks Powerpack
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14' Chariot Trailer
2001 FXSTI HD
08 HHR LT2
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