Milepost: 5-11-16 — Just moved into a small apartment
For many years it seemed like this day would never come — the day that we would be free to wander around the country in an RV and a pickup truck and choose our next destination with a random finger stab at the map lying in our laps. But the day did come, not by accident but by sheer determination and hard work. There were hard choices.
Six years ago we were living on a retired 30-acre Christmas tree farm with too much mowing to do… and a mortgage we could no longer afford. Our kids had all grown up and left our spacious rural estate and our large house, and our nearest grandchild now lived 80 miles away.
We had become weary of the upkeep on so much property and wanted to see the world — and our grandkids. But we couldn’t afford it. I had been running a full crew with my log home construction company when the housing bust arrived in Michigan — two years before the recession. It was 2006 and nobody else wanted a log home. Even the log home dealers were closing one by one — the people who had been referring their buyers to us to build their homes. I had to lay off the crew.
Our financial plan for retirement crashed and burned.
We had arrived at retirement age still owing a mortgage. Reality was brutal: We could afford to own and maintain this property OR we could afford to travel. But not both. We had to choose one or the other.
It looked as though our businesses had run their courses and we wouldn’t be needing so much space and so many resources — tools, machinery, etc. and the kids weren’t coming home to visit but once or twice a year. We were ready to downsize.
And so we did.
We spent the next few years cleaning out sheds and closets and selling stuff or giving it away. We put the property up for sale. But we were in the middle of the recession and nothing happened. Finally, a neighbor showed up at our door asking if we would sell him 10 acres. We did, and then used the money to buy a used RV. We put the rest of our stuff in storage, put renters in the big house, and we hit the road.
And the next year, while we were wandering around Alaska with our rig, the rest of our property sold. Our once impossible dream was becoming our new reality.
Over the last couple of years, we have explored three corners of our country, from Florida to California to Alaska and a thousand points in between, and have moved offshore for a couple of winters living in the tropics in vacation rentals.
New England (the fourth corner of our country) will have to wait for us, because we have decided to take a vacation from traveling (that sounds odd, maybe?) and move into a small apartment for a while.
And we can finally afford to do BOTH. We can have a Michigan home base again AND continue to travel. Our new apartment is only 13 miles from our kids and grandkids, and the rent is less than half of what our old mortgage was!
Somebody else mows the lawns, shovels the walks, and repairs the leaks… while I head down the rail trail with my bike or visit the local farm market or ice cream shop (One of the bike paths here ends at the local Dairy Queen).
If I have one regret, it is that we didn’t start downsizing sooner. Fortunately, Kaye and I are still physically fit and able to pursue our travel goals, and we really do appreciate and take advantage of our good fortune. Lots of folks run out of good health before they ever get to realize their dreams.
Anyway, I was doing a bit of reminiscing today and thinking about how far we have come in the face of a lot of challenges, and decided to write about it here. I am so happy that our present circumstance is so far different than where we were just a few years ago.
If you, my reader, find yourself in a similar almost impossible scenario, take heart; there is much that can happen to improve your outlook and bring your dreams within reach.
I suspect that your journey will begin with some difficult decisions and will be followed by a lot of hard work. That’s okay, isn’t it?
The struggle makes the reward all the more satisfying.
On the other hand, if you are in upsizing mode right now, it might be smart for you to stop and think about what you really want in 10 years or 20 years from now. Maybe you should quit bringing more stuff into your garage and basement and attic. It might turn into a ball and chain later and keep you planted at a time when you want to be free.
Just a thought. Do what sounds right to you.
And have fun!