Wednesday, November 15, 2017

And the winner is....

Who really is the winner in our lives? I think of my Mum, just turned 98 and living well in a comfortable full care home in Devonshire, England.
She can remember much of her early life but little of my Father and her later years. She's done better than many and we are grateful.
My dear Brother John, who lives nearby her home has been battling the Government to get the funding she has been entitled to yet denied by bureaucrats in their ivory towers. He's held them accountable and stood his ground and done well but he knows you can only push so far and for so long.
So this leads one to ponder what it's all about.
Is it nothing more than trying to squeak by your daily grind, whilst contributing to the Govt.pension plan that you know will not be there for you when needed. What then?
Many remember the glorious pension promises of retirement at 55 with nothing but luxurious good times ahead. It's touted that a 1 million dollar investment portfolio is now needed to retire on comfortably. And in reality, how many of us have that??
But this raises even more concerns. You don't have your retirement money in your account, it's in the pension funds account. And so the security of the whole house of cards starts to look pretty shaky.

There are an alarming number of us starting to make our own plans, forget the rest and hunker down to the realization that it's going to be tough.
Packing a monthly deduction away to the pension fund was touted as the smart thing to do, but we've seen those funds vaporize overnight, with zero recompense for lost retirement savings.
So in reality, many are now looking at a meager fixed income for retirement and that's it.
Many do indeed own their home and have some security but that may not be enough.
More are waking up to the idea of $500 / month as your living allowance and planning to make that work.
So how does it work?
Living in a RV is becoming an increasingly attractive option to stretch the retirement budget. Spend summers in Canada and winter where it's warm and cheap in the south west US. That's usually boon-docking in Arizona or New Mexico deserts and it's becoming a viable option for many who choose to face reality early.
Taking action whilst they still have health and realize they can live both well and cheaply.
Can't be done??
Take a look here:

https://www.youtube.com/channel/UCAj7O3LCDbkIR54hAn6Zz7A

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