One RV and Home Free

Another keynote done. My friends at the Hitch House had me back again to speak at their fall event on Saturday. Six hours of driving for the two-hour segment. And probably close to three days of prep work. But I do enjoy the process of creating and delivering a presentation.

I’ve pulled a few of the slides from the deck (I had 76 slides in total).

Always start a presentation with a catchy image and title as it will set a great tone for your story. This was the title slide.

An audience wants to connect with the speaker at a personal level. I like to share a few personal details to let the audience know that we are all in this together — trying to live life as best we can.

Spoke at length about our decision to sell our home and to travel full-time in our motorcoach. This was our house. We lived in the country on 7 acres. We had about 5,200 square feet of living space and almost 2,000 square feet between the two garages. We went from all that space to about 450 square feet in our coach. Quite the change.

This was the senior executive team from my corporate life. I’m the guy in the suit on the far right. I held senior technology roles in several of Canada’s largest financial services company over the past 35 years. I spent the last ten years of my career as the Chief Information Officer for this company. And I started to sense that it was time to consider retirement.

It was this book, Younger Next Year, that made me think about retirement. Coincidently, I had just turned sixty.

I took this shot in the Great Smoky Mountains. Sink Falls. A waterfall with someone going over the edge. That sound, the sound of the waterfall, the sound of mortality, was far more present in my life back when I was working. It still is today.

Inspiration to retire came from a variety of sources including Nikki and Jason Wynne. This was their advice to me.

We had started looking at coaches way back. In 2006. I still have the brochure on the Newmar Dutch Star from that year. It took ten years before we finally got one. This was definitely a process for us and it did not happen overnight.

To get to one RV we had a decision framework with a few major considerations.

Money

How much were we prepared to spend on this lifestyle? Not just the initial purchase but for life on the road.

Lifestyle

Weekender? Vacationer? Part-time (extended)? Full-time? What lifestyle would we take on? That lifestyle will have an influence on what type of RV we might consider.

Type

Based on budget and desired lifestyle, the type of RV is another decision factor. We always wanted a Class A although I’ve often debated about jumping into a Prevost conversion.

Brand

Which brand should we buy? The RV industry is highly consolidated with three companies holding almost 90 percent of the market (Thor, Forest River and Winnebago). All of them build their products using parts from a small number of suppliers. There is not as much differentiation between the brands if buying new as some might argue. All RVs will have issues. It comes with the lifestyle.

I did point out that there has been quite a drop in inventory. The RV industry shipped 487,893 units in 2018. The forecast is for 344,790 units in 2019. That is a drop of over 140,000 units.

New or Used

We bought new. If we were to do this again, we would buy gently used but here are the pros and cons.

 

Floorplan

What floorplan will work for us during this stage of our retirement? We had a few non-negotiable items for our coach: Class A at least 40-feet in length and equipped with two washrooms and a king-size bed. This is the floorpan of our current coach.

There was a lot more content shared in the session. Lots of audience interaction and I really enjoyed the time. I closed with another quote from Younger Next Year. The rest of our life can be great. We think it is awesome right now!

 

In a couple of weeks we arrive to our site in Florida. Good friends, sun, warmth and palm trees. Life doesn’t get much better than this. I shared this item with the audience. Lorraine and Tabby enjoying an amazing sunset view from the front of our coach.

And, after a couple of hours, the session was done. I slept well that night.

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