Have you made changes in your TS ownership with phases of retirement (Go-Go to Go-Slow to No-Go)?

[klpca]

We are just entering our 70s so definitely going slower. I got it down to one nice HGVC contract from a high of 5, but recently picked up an eoy from @klpca and just this week some Embarc points. I still wanted access to different exchanges, so now if the mood strikes I can access RCI, Interval (gave away a Vistana but still pay the membership), GPX, and now DEX.

Another fabulous TUG transaction! It is so nice to be able to work with people that you have met on the board. It definitely takes away the sting of letting a beloved timeshare go.

 

[Krteczech]

We are Go-go 73 y old. We moved to touristy place after we retired 7 years ago, but still travel about five months every year. Spring back to back cruise Japan and Alaska, right now at Scandinavia after Greenland, Iceland, Norway cruise. Our last stop will be at Paris for one TS week of Extra vacation. There are still two shorter trips ahead before year end, San Diego TS week and more of Colorado.

 

[Luanne]

We are in the slow go category, mostly due to my husband's health issues. We only have two timeshares. San Diego Country Estates is in the process of being sold and dissolved, so we will be out from under that one (and maybe even get some money). We still use our Maui Hill timeshare and our daughters are interested in it so we'll hang on to that one. We had used the SDCE to trade into the Manhattan Club the last three years and have had to cancel each year, again due to health issues. We traded into Newport Rhode Island twice and cancelled both of those, not due to health, but due to weather issues where we weren't able to get to Rhode Island.

We are both retired, and have been for almost 13 years. We are in our 70's, with dh reaching 80 next year.

 

[Mjasp]

This article was great and I've been trying to find this post for a couple of weeks to print it out as I try to tell my husband about it but I really can't explain it like the article. It won't let me read it now unless I subscribe to the WSJ.
Did anyone print it, so I can get a copy? In the meantime, I'm going to search if it's written somewhere else besides the WSJ. Can you tell I am newly retired? lol
Thanks

 

[Mjasp]

This article was great and I've been trying to find this post for a couple of weeks to print it out as I try to tell my husband about it but I really can't explain it like the article. It won't let me read it now unless I subscribe to the WSJ.
Did anyone print it, so I can get a copy? In the meantime, I'm going to search if it's written somewhere else besides the WSJ. Can you tell I am newly retired? lol
Thanks

UPDATE!!I I found it online, it's out there. Thank you for posting this, now I can show my husband what I was talking about

 

[pedro47]

UPDATE!!I I found it online, it's out there. Thank you for posting this, now I can show my husband what I was talking about

Can you post this article for the slow to go category???.
We are both retired for over twenty-five years and in our last seventies
Thanks for your assistance . LOL

 

[Mjasp]

Can you post this article for the slow to go category???.
We are both retired for over twenty-five years and in our last seventies
Thanks for your assistance . LOL

How to Plan for Retirement’s Go-Go, Slow-Go and No-Go Years

When retirement planning, it’s best to expect to do the big (and more expensive) stuff early on, when you’re healthier, then slow things down as you get older.

www.kiplinger.com

 

[pedro47]

How to Plan for Retirement’s Go-Go, Slow-Go and No-Go Years

When retirement planning, it’s best to expect to do the big (and more expensive) stuff early on, when you’re healthier, then slow things down as you get older.

www.kiplinger.com

Thanks for sharing this article. We are in the Slow-GO category.

 

[chriskre]

I retired at 47 so did the go-go for about 6 or 7 years with about 10 vacations a year.
I owned 8 timeshares at the time.

Then switched to the Slow-go at around 57.
I divested of 2 of those timeshares.

Now at 61 I'm divesting of 3 more timeshares and will own just 5, I just added a Marriott. LOL.

I moved to the suburbs during Covid to a house I bought with Mom years ago and kept my
downtown condo so have been using it as a Pied-a-terre for the weekends for fun and it's
working out nicely. It's like going on a mini-vacation every weekend but I don't have to
pack and unpack. It's like a resort and so much to do now in downtown Miami so I get to
live like a tourist on the weekends. I keep my little scooter down there and just hop on the
trolley and don't even need to drive and park.

I never imagined having this new lifestyle with the best of both worlds in a city that many
want to live in but here I am.
Life is good.

 

[mountainboy]

UPDATE!!I I found it online, it's out there. Thank you for posting this, now I can show my husband what I was talking about

This is a related article which some may enjoy.
Not about travel per se, but about money & our relationship to it. Many save but focus so much on the saving part but forget what we save it for...
Live, while we can...
TY!

https://www.wsj.com/personal-finance/my-mothers-illness-changed-the-way-i-think-about-financial-planning-24baed55?st=g9muLQ&reflink=desktopwebshare_permalink

 

[mcdanielpj]

Guess we're still Go-Go?
Last month in London spent Day 1 walking from our hotel near Waterloo Station to Buckingham Palace for a tour followed by the Royal Gardens tour. Walked from the end of that tour all the way to Trafalgar Square. Did take a short bus ride down Fleet Street to Ye Old Cheshire Cheese and then on to The Old Bank. Walked back to hotel over Waterloo Bridge.
Day 2 visited Churchill War Rooms, lunched at a Pub (confess to a rest back at hotel) and then off to a matinee of Six. Walked back to restaurant near hotel, Strings.
This was 12 weeks post TKR for me who's nearly an octogenarian and DH who's 3 years into that decade!
Lucky and Grateful.

Do you recommend the Churchill War Rooms?

 

[Bucky]

We are No-Go anymore. With all the medical equipment I would have to take it just doesn’t make it worthwhile anymore. We bought a townhouse in North Myrtle Beach during Covid and that’s all the traveling we need. Have rented our MOW 2 weeks for many years now. Getting ready to put them on the market for sale as we are trying to slimline our estate as we are both 75 now.

 

[beejaybee]

Do you recommend the Churchill War Rooms?

Highly recommend the Churchill War Rooms!

 

[rickandcindy23]

I realized that. I am actually on a wait list for a similar type CCRC. My friends keep staying I am too young. Too young for what I say. The residents are living it up there. If more seniors saw these luxury resort type CCRC's their opinions would change.

We just toured one for my stepdad, who is 91. He didn't go with us, and I know this will be a huge fight between us and him, when the time comes for him to go. He has dementia and gets lost when he drives even a few miles from home. We are taking away his driving privileges at the end of the month. We have to do everything slowly.

This particular facility is so nice and has studio apartments with microwave and small refrigerator and cabinets, and a nice walk-in shower in the bathroom, a big closet, and no more satellite, utilities, etc., to pay. It's an ideal location, less than a mile from us. It looks like a Sheraton on the outside and has a huge courtyard in the middle of the four big buildings. Three good meals a day and choices for picky eaters that are standard on the menu (like burgers and sandwiches).

They have activities and entertainment. No pool that I could see. We are in Colorado, so a pool isn't really something he'd use.

It's a great place, but he has used most of his equity in his house with a reverse mortgage and owes $300K to the mortgage company. That sucks because that leaves him very little money to pay the fees of $5K/month for that studio deluxe room. He will have to go on Medicaid after he exhausts his money.

We are the only ones who live close by of the 3 stepdaughters and 2 daughters. His daughters live in Georgia. They will support whatever we decide, but my other two sisters are going to stand by us as well. They know this has been difficult for us when we travel. My youngest sister does see him when we are out of town, if she is in town. She travels a lot now as well.

 

[Panina]

We just toured one for my stepdad, who is 91. He didn't go with us, and I know this will be a huge fight between us and him, when the time comes for him to go. He has dementia and gets lost when he drives even a few miles from home. We are taking away his driving privileges at the end of the month. We have to do everything slowly.

This particular facility is so nice and has studio apartments with microwave and small refrigerator and cabinets, and a nice walk-in shower in the bathroom, a big closet, and no more satellite, utilities, etc., to pay. It's an ideal location, less than a mile from us. It looks like a Sheraton on the outside and has a huge courtyard in the middle of the four big buildings. Three good meals a day and choices for picky eaters that are standard on the menu (like burgers and sandwiches).

They have activities and entertainment. No pool that I could see. We are in Colorado, so a pool isn't really something he'd use.

It's a great place, but he has used most of his equity in his house with a reverse mortgage and owes $300K to the mortgage company. That sucks because that leaves him very little money to pay the fees of $5K/month for that studio deluxe room. He will have to go on Medicaid after he exhausts his money.

We are the only ones who live close by of the 3 stepdaughters and 2 daughters. His daughters live in Georgia. They will support whatever we decide, but my other two sisters are going to stand by us as well. They know this has been difficult for us when we travel. My youngest sister does see him when we are out of town, if she is in town. She travels a lot now as well.

It sounds more like assisted living. A CCRC I was referencing is when you go in healthy and if you ever need additional services of assisted living or long term care they are provided at no additional cost.

I feel for you. Unfortunately you probably will have a difficult time convincing him to go there. My mom who is in her 90s and her two sisters in their 80s will not even consider independent or assistant living. My cousin and I always hear only old people are there. We are not going there. We can live cheaper at home. As they get older they cannot understand their diminished capacity.

 

[geist1223]

We turned 71 this year. We recently signed up for a CCRC here in Salem. The waiting list is about 5 to 8 years. They have everything from 2 Bedroom Cottages to Studio Apartment. We signed up to go on the Waiting List for a 2 Bedroom Terrace Apartment. These are in the "Tower" and have a covered patio. They have the longest Waiting List.

 

[rapmarks]

We just toured one for my stepdad, who is 91. He didn't go with us, and I know this will be a huge fight between us and him, when the time comes for him to go. He has dementia and gets lost when he drives even a few miles from home. We are taking away his driving privileges at the end of the month. We have to do everything slowly.

This particular facility is so nice and has studio apartments with microwave and small refrigerator and cabinets, and a nice walk-in shower in the bathroom, a big closet, and no more satellite, utilities, etc., to pay. It's an ideal location, less than a mile from us. It looks like a Sheraton on the outside and has a huge courtyard in the middle of the four big buildings. Three good meals a day and choices for picky eaters that are standard on the menu (like burgers and sandwiches).

They have activities and entertainment. No pool that I could see. We are in Colorado, so a pool isn't really something he'd use.

It's a great place, but he has used most of his equity in his house with a reverse mortgage and owes $300K to the mortgage company. That sucks because that leaves him very little money to pay the fees of $5K/month for that studio deluxe room. He will have to go on Medicaid after he exhausts his money.

We are the only ones who live close by of the 3 stepdaughters and 2 daughters. His daughters live in Georgia. They will support whatever we decide, but my other two sisters are going to stand by us as well. They know this has been difficult for us when we travel. My youngest sister does see him when we are out of town, if she is in town. She travels a lot now as well.

If he has dementia, how long can he last in that place. If it is a ccrc, what level is he in?
Will they take him to the meals? Or does he know that it is time for a meal? Does he understand how to order or does he say I’ll have what you’re having? Does he realize he hadn’t had a meal?
Will he walk away from the facility and get lost?
As I type this I realize that I have had responsibility for someone with dementia for thirty years.

 

[rickandcindy23]

If he has dementia, how long can he last in that place. If it is a ccrc, what level is he in?
Will they take him to the meals? Or does he know that it is time for a meal? Does he understand how to order or does he say I’ll have what you’re having? Does he realize he hadn’t had a meal?
Will he walk away from the facility and get lost?
As I type this I realize that I have had responsibility for someone with dementia for thirty years.

This is assisted living. Goofy me, thinking this is what you are all talking about. I could see me there before any big issues set in. It's nice, no yard to worry about, no utilities, it's a nice place. They have two bedrooms. If one of my sisters is surviving, especially my sister who has limited means, I could see us sharing one of these two bedrooms.

My stepdad is a stubborn old guy. He has been adamant that he will not move into assisted living. I am so baffled at his mindset that he should still be able to drive anywhere he wants. Even if we got him there, I would absolutely worry about him wandering off, and then he would be in the memory care part, which is not as nice.

They don't take them to meals, they just let them know the meal times and post them on the wall.

You all are talking more about The Villages, or places like that. When the kids get big enough to not care about us anymore, I can see us moving there. Or Sun City, Hilton Head.

 

[jp10558]

It sounds more like assisted living. A CCRC I was referencing is when you go in healthy and if you ever need additional services of assisted living or long term care they are provided at no additional cost.

I feel for you. Unfortunately you probably will have a difficult time convincing him to go there. My mom who is in her 90s and her two sisters in their 80s will not even consider independent or assistant living. My cousin and I always hear only old people are there. We are not going there. We can live cheaper at home. As they get older they cannot understand their diminished capacity.

I think many people can't afford such a place, but also remember their grandparents and parents living at home the entire time. What I thing gets forgotten (but that I'm trying to stay aware of) is my fathers side grandparents both died ~ 60. They were independent, then dead. My mothers side grandmother had 4 kids, 2 lived next door, one to the left, one to the right, and one lived with her till she died. She had 3 adults plus their kids to help take care of her as she aged. My mom had 2 kids and we live in the same area. We all took care of my dad till he passed, including my mom's brothers, and us kids. He was much older than my mom though. My mom is now aging, and it's me and my sister and BIL, but again, 3 people plus friends can take care of her. She doesn't really have to move.

Some people don't realize they need other plans. I also notice that as people get older they get "fixed" in "how life was" back when they were kids, or maybe in their 20s. Heck, I have to keep reminding myself when thinking about schools or college that my experience is now probably more out of date than many cause I don't have kids. What high school was like in the 90s or college in the aughts probably isn't representative of today (for example). If you aren't in touch with the changes over time, you will insist, against all evidence, that "my parents didn't need to move so why would I" when almost everything might be different.

And I see it with my mom - a family a few miles away from us used to be real old school neighbors with my grandmother. They all knew each other, they'd get together, they'd help out with stuff. Now one of them had a total loss house fire. My mom was saying "we have to go over there and bring them food or offer them a place to stay". We were like - Who even are these people? We last saw them at a relatives funeral a couple years ago. My mom couldn't get in touch with anyone, my sister found someone on Facebook. We then found out the person my mom knew died in Feb. We had no idea. They had everything figured out for the now homeless person within their family and didn't need or want anything from us - mostly cause anyone on their family who knew who we were had died. But my mom still has this idea that the relationship from 45 years ago holds today with no upkeep...

People's grandkids don't inherit friend or relative relationships by osmosis. Things won't be "the same" if you don't work to keep it the same, and many don't for whatever reason. I just think people don't want to update their concept of themselves and the world as time goes on.

Tangent: I also think that more cultural things changed too - I hear all sorts of stories about how my grandparents would go for summers to different relatives houses, how my oldest uncle would send my 10 year older cousins to my grandparents for summers etc etc. You know how often I got sent to my oldest Uncle's house? Once when I was home from college with my teenage sister. Of course we're not as close with that side of the family... Now my cousin's has brought his kids up to see me 3 times, I think once was for his dad's funeral. I try and go down and see them, but scheduling is complicated - the kids are always busy on weekends with activities, his wife is getting an MBA, etc etc. Summer isn't a months long vacation for kids anymore to send them off to relatives for a month, and kids seem to need way more supervision too - helicopter parenting etc. Plus it seems like people that would have just died in the past are alive, but need a lot more elder care than a generation or two ago, so the adults are at best split in time taking people to doctors visits, cancer treatment, their own doctors (Cause it seems like by 40 you just get infinite specialists now - though we get to often make it to the early 80s vs dying at 60 so yay I guess) and don't have a bunch of "free time" to spend on kids of their relatives to swap summers around and have strong relationships.

Tangent sort of over: So people may think their relatives are going to come take care of them in place of assisted living, but it's often a fantasy they refuse to be disabused of. And at least one reason is they didn't live their 30s-60s deep in their relatives kids lives and they didn't have 4+ kids themselves so there's no relatives coming...

 

[rapmarks]

This is assisted living. Goofy me, thinking this is what you are all talking about. I could see me there before any big issues set in. It's nice, no yard to worry about, no utilities, it's a nice place. They have two bedrooms. If one of my sisters is surviving, especially my sister who has limited means, I could see us sharing one of these two bedrooms.

My stepdad is a stubborn old guy. He has been adamant that he will not move into assisted living. I am so baffled at his mindset that he should still be able to drive anywhere he wants. Even if we got him there, I would absolutely worry about him wandering off, and then he would be in the memory care part, which is not as nice.

They don't take them to meals, they just let them know the meal times and post them on the wall.

You all are talking more about The Villages, or places like that. When the kids get big enough to not care about us anymore, I can see us moving there. Or Sun City, Hilton Head.

They are not talking about the villages.
About your step father driving, if he got in an accident which was the other Drivers fault, would he be able to explain what happened to the police and insurance?

 

[Panina]

We turned 71 this year. We recently signed up for a CCRC here in Salem. The waiting list is about 5 to 8 years. They have everything from 2 Bedroom Cottages to Studio Apartment. We signed up to go on the Waiting List for a 2 Bedroom Terrace Apartment. These are in the "Tower" and have a covered patio. They have the longest Waiting List.

We were on a wait list for two years which we just took our names off of as we like another place much better. The new place, the waiting list is estimated to be 15-20 years for the newest building that has 148 apartments because the average age living there is 71. We are actually on the list for an older building, still a waiting list. We initially wanted the first floor, estimated wait time is 7 years. We put our name on for a higher floor. Seems the good places have long wait lists.

 

[rapmarks]

We were on a wait list for two years which we just took our names off of as we like another place much better. The new place, the waiting list is estimated to be 15-20 years for the newest building that has 148 apartments because the average age living there is 71. We are actually on the list for an older building, still a waiting list. We initially wanted the first floor, estimated wait time is 7 years. We put our name on for a higher floor. Seems the good places have long wait lists.

This sounds like newborns being placed on waiting lists for schools. Those are unbelievable wait times.