Sunday, October 3, 2010

Retirement Thanks To Timeshare 101







I am one of those "idiots" who got messed up in buying timeshare vacation housing. Back in 1984 Sherry and I purchased our first timeshare property in Tennessee. Throughout the next 26 years we picked up a little more here and there as we could afford it. With each purchase our "Annual Maintenance Fee" increased to be quite sizable but for the last ten years we have rented enough vacation weeks to pay 90% of that fee.


Now as we retire we have enough "points" accumulated to live at Wyndham Vacation Resorts year-round. While Sherry continues to work for Delta Airlines (6 more years) we will live here at Wyndham Cypress Palms in Kissimmee, Florida. After she retires, we will be free to travel anywhere there is a Wyndham and stay however long we like.


Here's the bottom line! We paid our monthly maintenence fee ($700) and that's it! No utility bills, no pool care expense, no lawn care expense, no cable TV expense, no upkeep expense (if anything breaks they replace it), no home insurance payments, etc. You get the idea! We'll never have to buy toilet paper, kleenex, dish washer soap, laundry soap, coffee, appliances, furniture, carpet, window treatments, newspaper, etc. You get the idea.


Here, at Cypress Palms, we will have 2 pools, 2 hot tubs, an exercise club, playgrounds, gas grills, twice weekly maid service, etc. You get the idea. The two bedroom condo we have is spacious and newly remodeled (last month) with all new furniture, floor coverings, appliances, etc. You get the idea.


We have sold or given away all our furniture and most of our clothes. We are going to live simply yet comfortably. So you can begin to see how I can continue to say: THE BEST IS YET TO COME!


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