Think Save Retire - Selling Everything and Retiring to an RV

Financial Independence Podcast

The Mad Fientist

Taxavoidance, Business, Geographicarbitrage, Investing, Tax, Earlyretirement, Travelhacking, Entrepreneurship, Travel, Personalfinance, Stocks, Minimalism, Realestate, Frugality, Retirement, Financialindependence

4.8 • 1.7K Ratings

🗓️ 16 May 2017

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today’s episode of the Financial Independence Podcast, I had the pleasure of speaking with Steve from ThinkSaveRetire.com!

Steve initially planned to retire at the age of 40 but after making some drastic lifestyle changes, he ended up walking away from his job at 35.

One of the biggest factors that reduced his time to FI was his and his wife’s decision to sell nearly everything they owned and move into an Airstream.

If you have dreams of spending your early retirement traveling around North America in an RV, this episode is for you!

We dive into the costs of RV life, the benefits of drastic downsizing, and Steve’s advice for anyone who wants to hit the road after retirement!

Highlights:

How to shed the golden handcuffs
The problem with promotions and the joy of stepping off the ladder
The costs of living in an RV full-time
Using a health share ministry for health insurance and going to Mexico for dental work
Why you should start with a smaller RV than you think you need

Transcript

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0:00.0	I'm blind, if you were to finance.
0:05.0	Hey, everybody to the Financial Independence Podcast,
0:08.0	the podcast where I get inside the brains of some of the best
0:10.3	to brightest in the personal finance space to find out how they achieved financial independence.
0:14.4	On today's episode, I'm excited to introduce Steve from think save retire.com.
0:19.2	Steve's 35 and just retired in December, and now him and his wife are about to embark on a trip around
0:27.0	the country in an RV so they just sold both their houses, bought an RV, an airstream actually, and they've been living in it for the last year.
0:37.1	And as soon as his wife steps away from work, they're going to start a big trip around
0:41.8	the states and just live in it full time.
0:43.6	So I know a lot of people out there have dreams of traveling in an RV after they retire.
0:49.3	So hopefully this episode's going to give you a lot of useful information.
0:52.8	Steve's story is also very interesting because he wasn't frugal to begin with initially,
0:57.6	but then quickly embraced the whole FI lifestyle and the frugality and really accelerated his path to financial independence.
1:06.2	He discovered this whole scene in his 30s, declared that he wanted to retire by 40, but ended up doing
1:11.8	it by the time he turned 35 so lots of good stuff to
1:14.6	unpack here so hey Steve thanks a lot for being here I appreciate it
1:17.8	thanks a lot for having me you've been looking forward to it yeah so where are you right now
1:23.0	I'm in Tucson, Arizona.
1:25.0	We're finishing up our full-time working careers.
1:28.0	Well, actually, my wife is, I retired in December.
1:31.0	And she's retiring at the end of the month, and we're going to set sale April 1st.
1:35.0	That's exciting, so congratulations.
	...

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