DVC dues and retirement thoughts....

[Brianstl]

Kenny Chesney song comes to mind, Don’t Blink. Time goes by too fast. It’s a balance to enjoy the moment and plan for the future. A little luck along the way is always helpful.

It only goes by faster and faster

 

[CarolynFH]

I’ve been thinking about this more as DVC dues upon death (morbid, I know). For us, even though we have wills, Florida property needs to go through probate. I need to talk to my attorney about an addendum requiring the executor of the estate to pay MFs until my daughter is of age to decide if she will sell.

DH and I added adult DD as an owner a couple of years ago so that if we expire before BWV does (a real possibility), she can avoid probate in Florida. Then she can decide whether to keep it or sell it.

 

[Shera-Kasuni Brown]

The cabins are already pretty close to that.

How do you see that? Just checked for when we’re using our points at WDW and the cabins cash price is $633/nt for 10/14 and 10/15

 

[Moonspinner]

DVC is part of our retirement plan. We are in our early 50’s and plan on visiting WDW as long as we can. We treated our purchases as vacation prepayment. The dues are part of this. We have staggered expiration dates so we have some flexibility but I’m very aware the our RIV contracts will outlast us.

This is us too. It is part of our retirement plan.

And we’ve already asked our kids— they want all the contracts. It will be interesting to see if they still feel the same way in about 20 years.

 

[muppets3d]

How do you see that? Just checked for when we’re using our points at WDW and the cabins cash price is $633/nt for 10/14 and 10/15

The annual passholder discount they were offering for over the summer was very attractive. Even grand Floridian was on an aggressive promo.

 

[Sprinkles&Sprints]

Echo pp about speaking with a financial advisor if this is a concern. With every new contract I’ve done the math and even though I’m a diligent saver and have no issues paying my current dues, seeing the projected total for 2060 does make me pause.

So I was just honest with my FA and had him run a few extra scenarios - and while he said I would be fine, I’m forcing myself to fund an additional DVC dues fund so that any money I’ll need to pay for them long term won’t impact other areas down the road.

It really was just for my own peace of mind but OP if you’re spending a lot of time worrying about it - and it’s detracting from your ability to enjoy today - I would recommend doing the same.