So this past week I was gifted a time share for the week because the owners were having a baby and couldn't go. The time share was at Massanutten ski resort during the off season. While we were there we met some timeshare owners who picked up their timeshare off of ebay for $1+ $400 yearly maintenance fee. This gave me a idea, what if I were to buy 52 timeshares for no upfront investment and only have the yearly maintenance fee.
To live like this it would only take $21k a year, however other costs in a normal living situation would be eliminated, no utilities,no taxes,no insurance and I would get a maid,linens and towels would be washed,most toiletries are included. There is also the perks of being around a community that is on vacation all the time, versus a community that works all the time. I can also choose to live in different parts of the world without owning multiple homes, mountains in the summer or beach life in florida for the winter. Pools, amusement parks, gyms, tennis courts and much more activities for a retiree.
This definitely is not for mustachians who are looking for the most frugal route to retire, but for $600k in savings with a safe withdrawal rate of 4% you could have this lifestyle. Add in another $200k to cover the other essentials you need in life.
Has anyone ever considered this is a option for retirement?