Do you have any long term plans? Or do you just want to try it out for a couple of years but eventually get back to a (more) traditional lifestyle? It's fairly common for people to spend winters in Florida and summers in NY or some other place north. What do you think about that?
Current projections is that we should be able to pay off our condo in Florida by the end of 2026. That means it will actually be bringing in income instead of just being cash flow neutral when we aren’t there and we don’t have to be there during the low season - October - early March and May.
Then we can buy a “permanent” home somewhere else. We still haven’t decided where that is. As we travel more we will know. Heck, we might not even retire in the US and keep our place in Orlando.
But since we can keep our living expenses basically level whether we are at home or traveling, there is really no rush.
I lived in Atlanta until last year and I still have my house there.
- not too far away from a major airport.
- not too hot in the summer. We don’t care about the winter. We have our winter home
- not too expensive.
- suburbs is okay. But not rural. But we would really like a walkable place. Our condo isn’t in a “walkable” area. But since it is built as a resort hotel, there are three restaurants, a well stocked convenience store, three pools and a gym on site, and a jogging trail.
- a low tax state.
The only city that we have been to that real piqued our interest is Charlotte, NC.
We were there last year for three weeks. But I ended up traveling for work two of those weeks. We are going back next year for three weeks.
We both love Vegas just because there is so much to do and Nevada is state income tax free and the cost of living isn’t high. But it’s hot.
Like I said, there is really no urgency even though I will be 50 next year. We might even end up buying a place in Atlanta again and going back and forth between Atlanta and Orlando.
