Our financial independence date, new and improved

54 thoughts on “Our financial independence date, new and improved”

  1. I’ve been waiting for this post after I heard to good news on Twitter! Congrats! At the campground I used to work at the worker-campers also got paid an hourly rate on top of the free site! It wasn’t much but hey – cash is cash. I’ve also always had this idea in the back of my mind, but you have definitely got me thinking about it again!

    1. Yup, we’ve heard that some of the campgrounds pay a very small hourly wage…but we’ve also heard that is primarily dedicated for those working 40 hours a week, but we’re not 100% positive on that point. Either way, free rent is a pretty darn nice perk. 🙂

      Thanks for reading! It’s gonna be a fun transition for sure.

    1. Thanks AmberTree. We’re definitely looking forward to it as well. Sometimes it still seems so far off, but less than 2 years is nothing. 🙂

  2. Whoa! Stories like that are what kept me away from FI in the first place, lol.
    Seriously though, that sounds really exciting and I’m looking forward to some pics and stories that keep me wistfully looking out my office window trying to hurry up my FI date.
    I don’t know if a boat is too limiting, but my mom loved the 10+ years she spent on one, especially if you want to live cheap and see South America, the Caribbean, etc… Fun times ahead and I’m excited for you!

    1. Thanks Mr. SSC! Yeah, come next year, we’re gonna be in for some interesting changes, that’s for sure. Hopefully they are all positive and we slip into this new lifestyle without a lot of trouble. Only one way to find out! 🙂

  3. Congrats on declaring the updated FI date, that’ literally right around the corner. Have you had a chance to rent or airbnb an airstream to see if you guys like it?

    The only thing that throws up a small red flag is the decision to go with the RV living after spending some time in Montana/National Parks, although it could have just been the final push you needed. Either way I’m certainly here to watch the RV live reveal itself:)

    1. Thanks Even Steven. We haven’t stayed at an airbnb yet, no – availability has been spotty in our area. Our trip to Montana was purely coincidental. My wife and I have been traveling to all kinds of wilderness areas over the past couple of years. It’s all added up into something that we see ourselves doing for a long time. 🙂

  4. Congrats, you guys! How exciting to be staring down a date that’s so close in the future! If you haven’t already connected with them, I highly recommend checking out http://livelaughrv.net/. They are full-time RVers, and have learned a lot of good lessons along the way.

    We’ve talked about being campground hosts, but don’t love the idea of cleaning the toilets or outhouses, which seems to be a big part of the job at most campgrounds! So you guys are hardcore! 😀 Also curious where you plan to camp when you’re not hosting, to avoid paying campground fees? We’ve looked at a number of BLM land sites that offer huge discounts if you stay for a month or more, but it seems like true boondocking is tougher in the national parks. Near us, the national and state parks all seem to charge $20-$30 a night, which is certainly way cheaper than having a home, but it’s definitely not free.

    Can’t wait to see how your plans unfold!

    1. Hey ONL!

      We plan on making whatever RV we buy completely self-sufficient, including solar panels and a composting toilet. Our goal is to boon dock most of the time and only fill up with things like propane and gas when we need to. We aren’t against paying campground fees, but we’d like to keep that expense to a minimum, and when we do stay at parks, we will try our best to do so under a work camping situation.

      Of course, much of this is still up in the air a bit, but we have a plan that we both think will work with our expected net worth at the time of retirement and our anticipated expenses. We will see how it works out. We’ve adjusted our future plans a lot over the last couple of years, so if we get on the road and need to adjust some more, that shouldn’t be a big deal.

      Thanks for the link – not sure if my wife follows that blog or not, but we certainly will be now. I may have already browsed through their ‘Favorite Photos’ page before even finishing this comment (yeah, I ADD a lot!). We’ve been doing a LOT of reading on this subject and are getting some excellent ideas out of it. One of our favorite blogs is http://www.watsonswander.com.

      We’re nothing if not flexible. 🙂

    1. Hey DP – thanks, yup, we think it’ll be a blast too. I haven’t met too many people who full time RV and not like it…my folks included. It should be quite the experience! 🙂

      1. Hi Steve. Your plans sound exciting. Do you have a spreadsheets to show your plans?
        I’d like to see something numeric (income statement, balance sheet, etc ).

        I just wanted to make sure what you are describing is actually making sense.

        Thank you.

        1. Hi Igor – We haven’t published spreadsheets of our current plan, but my wife is a spreadsheet wizard and did put together a numbers-based report of our previous retirement plan that had us retiring up in Sedona, AZ. You can take a look at that blog post if you’d like with the understanding that it doesn’t accurately represent our newer retirement plans (that involve much, much reduced yearly expenses):

          http://www.thinksaveretire.com/2015/04/27/planning-our-retirement-by-the-numbers/

    1. That’s right, Erik! December looms. We are feeling great and ready to make it all happen. We’re looking into the RV purchase this weekend to get that ball rolling, and the rest will be a whirlwind of downhill fun from here (not really, but hey, keeping a good attitude about what’s to come as we prepare for this new lifestyle!). 🙂

  5. That’s quite a holiday present! Good for you guys! I have the National Parks Annual Pass and recently just took a road trip through Utah – Nevada – California and stopped at a few national parks and forests along the way. Super jealous that you guys get to experience that lifestyle so closely but if my fiance and I get aggressive about our savings this year – we can get there too!

    1. Thanks, it really was a terrific gift! We don’t have the annual pass yet but we’ll definitely get one. And that road trip sounds absolutely amazing, too – some of the best scenery in the country exists out west in my humble opinion. There is just so much to see, so much open space. We are itching to start traveling!

  6. Retiring early is a kind of dream every single person is dreaming these days. But only few people like you can achieve that by putting too much hard work and dedication. Great motivational blog you have.
    Keep up the good work.

  7. The RV travel has always sounded great to me but I always amagined a motor home rather than a trailer. Do you already have the airstream and a truck large enough to pull it? Working at campsites sounds good too. How do you find sites ahead of time willing to do that? The campsites I’ve stayed at usually don’t have that many employees to begin with. Do you just arrive and ask if there’s work to be done in exchange for a campsite and if they say no just move on down the road?

    1. My folks lived in a motorhome for 13 years – there are both advantages and disadvantages, but certainly nothing wrong with motorhomes. We already have the 30′ Airstream trailer and we pull it with a 2008 Dodge RAM 2500 HD. Does an excellent job. Strong pulling machine.

      Regarding how we find work, we generally refer to online job postings. My wife subscribes to a Workcamping email list that’ll email her when a gig becomes available. Word-of-mouth works at times as well. 🙂

  8. Congratulations on your soon to be FI date. Really, really cool, being there in your 30’s!

    It’s interesting how people have different perspectives on things. I took a slightly different tack. I waited until I was 48, and various friends commented that I was crazy, seeing how little I spent from how I lived (compared to my income), and receiving various financial advice from me over the decades — and realizing the financial shape I must be in (relative to my spending habits).

    They asked, “Why in the ^&$*!! don’t you retire?” My response was, “I’d rather work a few/several more years as long as it’s not TOO bad, because once I retire, I NEVER want to have to worry AT ALL about needing to work at Arby’s for minimum wage to pay the bills, if things don’t go well. At least in my current job, I sit at a desk and earn many times minimum wage, and work with my mind.”

    But different strokes and all that. Despite the details, you are so far on the smart/frugal side of the spectrum, you are practically a different species than the average first-world wage and spend cycle slaves!

    So again, congrats and best of luck! And I hope you keep this website going. I really like the reviews of the books, films, etc, and letting people comment to get more perspectives is an excellent choice.

    Cheers!

    1. Thanks Roger! You bring up a point that really gets to the heart of the matter. It’s true that we could work longer, just to make sure that we have enough. But on the other hand, I don’t enjoy my job all that much, and we are very flexible people. If it looks like things aren’t going as plan, we adjust *before* we’d need to get a minimum wage job, whether that means cutting spending or picking up some odd jobs around the country. We’re more than okay with either one.

      Also, I don’t necessarily believe that there is a “full proof” retirement plan. Things happen in this world…you just never know. I just don’t want to be on my death bed in five year’s time – for whatever reason – and regret not prioritizing my freedom sooner.

      Thanks for the comment!

Leave a Reply