"In the end, we only regret the chances we didn’t take."

We’ve put together a pretty rough five year plan, but, it’s a plan and we’ll tweak it as we need to.  Our goal is to transition to a simpler lifestyle by paying off our debt, selling our stuff, quitting our jobs and moving onto a boat!  Eventually, we plan to cruise as much as possible while maximizing our self-sufficiency, but, first things first.

2016: “PLANNING FOR THE PLAN” (2016 Goal Review Here)

  • Make a concerted effort to stop buying unnecessary stuff.  (Success in 2016!)
  • Identify outstanding debt and come up with a plan for eliminating existing debt. (Completed in 2016.)
  • Make a list of must-haves, wants and wishes for prospective future boat. (Completed in 2016.)
  • Agree on a price point for prospective future boat to help guide research. (Postponed.)
  • Research, research, research boats within our price range considering list of must-haves, wants and wishes. (Ongoing.)
  • Maintain a list of possible boats that fit our budget and must-haves, wants and wishes. (Ongoing.)
  • Get a handle on the “paper” in our house.  Convert everything possible to digital format and purge paper copy and go forward maintaining digital files instead of papers. (HUGE SUCCESS in 2016!)
  • Winter 2016 – Complete renovations on master bedroom, den and remainder of 2nd story of our current home. (Anticipated Completion Early 2017 / Actual completion in July 2017.)

2017: YEAR ONE “NO WASTED MOTION” (2017 Goal Plan Here · 2017 Goal Review Here)

  • Continue concerted effort to stop buying unnecessary stuff. (Success in 2017!)
  • Continue to purge items that we don’t need / want that won’t impact daily living. (Success in 2017!)
  • Continue to digitize all new, incoming “paper.” (Success in 2017!)
  • Major focus on paying down debt. (Success in 2017!)
  • July April March January 2017 – Plan to pay off of Lowe’s credit card. (We paid the Lowe’s card off, in full, on Friday the 13th, 1/13/2017!)
  • July 2017 Colorado Trip – Keep credit card charges to a minimum and pay cash for as much as possible.
  • December June May March 2017 – Plan to pay off motorcycle loan. (We paid the motorcycle off, in full, on Friday 3/10/2017!  9 months ahead of our original schedule.)
  • October September July 2017 – Plan to pay off PSECU loan. (We paid off the loan, in full, on Friday, 7/14/2017.)
  • January 2018 November October 2017 September 2017 – Plan to pay off Alexis’ Nissan Juke. (We paid off the Juke, in full, on Sunday, 9/24/2017.)
  • Early 2017 – Finish renovations on master bedroom, den and remainder of 2nd story of our current home. (Den was 100% completed in July 2017.)
  • Winter 2017 – Complete renovations on guest room and hallway on 1st floor of our current home. (Anticipated Completion Early 2018.)

2018: YEAR TWO “LEARNING AS WE GO” (2018 Goal Plan Here2018 Goal Review Here)

  • Continued major focus on paying down debt.
  • January 2018 – Plan to pay off Alexis’ Nissan Juke.
  • April 2018 – Plan to pay off of PSECU loan.
  • May 2018 – Plan to pay off Alexis’ Nissan Juke.
  • July May March January 2018 – Plan to pay off PSECU loan for Kubota tractor. (We paid off the tractor on Friday, 1/26/2018!)
  • December 2018 – Plan to pay off PSECU loan for Kubota tractor.
  • January 2019 November October August July June 2018 – Finish paying off all outstanding debt (except for mortgage) by paying off Josh’s Silverado. (We paid off the truck on Sunday, 6/17/2018!)
  • Celebrate being debt-free!
  • Establish high-yield savings account.  (We set up our high-yield savings account on Sunday, 6/17/2018)
  • Beginning February 2019 December September July 2018 – Take monthly debt payment (estimated $2,550 $2,650 $3,000 $3,015 $3,131 per month) and pay our savings account.
  • Throughout 2018, continue to purge items that we don’t need / want that won’t impact daily living.  Specifically, ensure the basement has been cleared of anything that we don’t use or see ourselves using between now and when we move aboard. (Progress made in 2018 but still some work to do.)
  • Winter 2018 – Complete renovation of kitchen in our current home. (Anticipated Completion Early 2019.)

2019: YEAR THREE “GET SHIT DONE” (2019 Goal Plan Here)

  • January 2019 – Finish paying off all outstanding debt (except for mortgage) by paying off Josh’s Silverado.
  • June 2019 – Finish paying off all outstanding debt (except for mortgage) by paying off Josh’s Silverado.
  • Celebrate being debt-free!
  • Beginning February 2019 – Take monthly debt payment (estimated $2,550 per month) and pay our savings account.
  • Shop for and purchase secure boat slip. (We secured a slip at Lippincott Marine in late March 2019, just before taking possession of the boat.)
  • Begin boat shopping. (We started boat shopping on Friday, 3/1/2019.)
  • Buy the damn boat! (We bought the damn boat on Friday, 3/29/2019, a year ahead of our originally anticipated plan!)
  • Spend a lot of time on the boat.
  • Enjoy a lot of cocktails.
  • Determine what items we need on the boat.
  • Winter 2019 – Finish left-over small tasks associated with renovations in our current home
  • December 2019 – Savings goal of $25,500 $31,800 $34,450 $45,000 $51,255 from saved monthly debt payments since February 2019 December November September July 2018.

2020: YEAR FOUR

  • Continue saving monthly debt payment (estimated $2,550 $2,650 $3,000 $3,015 per month).
  • Buy the damn boat!
  • Spend a lot of time on the boat.
  • Enjoy a lot of cocktails.
  • Determine what items we need on the boat.
  • Increase purging of household items not needed on the boat.
  • March 25, 2020 – The “new” official end of Alexis’ employment commitment and possible “time to move on” date.

2021: YEAR FIVE

  • October 17 22, 2021 – This date is the driving force behind the five year plan.  Alexis will be vested in her pension with the Commonwealth of Pennsylvania and (with any luck) October 2021 will mark the end of Alexis’ employment with the Commonwealth of Pennsylvania.  Onward to brighter opportunities!
  • We anticipate listing our current home for sale in late October / November 2021 , with a hope of finding a buyer and closing before Christmas 2021.
  • Purge all remaining household items that will not be going aboard.
  • Christmas 2021 – Hopefully our first holiday as liveaboards and the start of our next chapter!
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