Quote:
Originally Posted by rubicon
The OP IMHO was expressing her surprise concerning expenses she and her husband had not anticipated. In many places customers who recycle experience a credit for their efforts. However in TV you pay extra.
TV advertises "free golf for the rest of your life" but it really isn't free. If you only play the executive courses it will cost you $140+ in trail fees and $8 per month to access the computerized tee time scheduling system. Forget the telephone system it is labor intensive and frustrating with all the various prompts.. In prime season and depending on how often you play it will become more difficult to get tee times and not unusual to get bumped.
Many villagers mistakenly thought that the amenities fees cocered golf courses too.
If you want to play championship you will find that it cost more to play courses in TV then off campus and you are providing your own cart. If you buy priority whic I have every year since arriving you need to play 66 times just to break even. Is a golfer any less likely to get a tee time if he/she doesn't buy priority??? You do get a discount on fees and other items sold at the pro shop.
SECO is a coop. A coop serves the rural area well but is it the best business model for TV?????
Amenitiy fees are paid monthly. However if a resident doesn't use the pools, rec enters, etc then all that resident is doing is subsidizing other residents.
I have known a few people who moved out of TV and relocated nearby because of that fact and found that they still could use the town squares.
Some residents indicate that you can live in TV for $50,000 a year. If one lives 20 years then with no price increases, etc a resident will lay out $1,000,000 and that amount was based on the fact that a resident had no debt
It is good that residents post asking questions about value for their dollar in TV. It will help us all in getting utility for our dollar.
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On a $50 K /yr budget and say half is SS it's at least tied to inflation albeit not retirement inflation but it definitly helps.
Lot's of people are conservatively budgetting a 3-4% take from their savings in retirment. It's a good way to start. But one can earn say 8%/yr.
I use Fidility retirement tool where it shows we have a 90% chance to meet our goals by the time my wife and me hit 92. ie we don't run out of money!This is based on almost the worst case scenario.
It also says that we have a 50% chance to have over 3 times what we started with including adjustments for inflation. ( if we just keep our withdraws adjusted for inflation)
My inlaws were conservative spenders during retirement and my wife and brother-in-law had a nice inheritance that we will probably leave to our grandchildren! Moral of the story, watch your investments, but also enjoy your blessed retirement!
