Over the years I've been able to depend on an average annual increase in various fee's (MF's, Club Fee's, Exchange Fee's, Membership Fee's) of approx. 5%. My pay hasn't kept pace and it's to the point we're beginning the divest our TS portfolio. At this point one week has been given away and we have reached a take back agreement on two other weeks.
It's a shame. We've enjoyed our TS vacations. But there's no way we'll be able to maintain paying MF's during our retirement years. Fee's are doubling every 14 to 17 years plus companies are finding creative ways to tack on club/management fee's. Last year our total MF's on 8 resort weeks was a little over $8,000. By they time I retire that figure would become $16,000. It's unfortunate but it's quickly become time to move on. Perhaps that truck and RV we thought about in the 80's may be our future retirement plans after all.
It's a shame. We've enjoyed our TS vacations. But there's no way we'll be able to maintain paying MF's during our retirement years. Fee's are doubling every 14 to 17 years plus companies are finding creative ways to tack on club/management fee's. Last year our total MF's on 8 resort weeks was a little over $8,000. By they time I retire that figure would become $16,000. It's unfortunate but it's quickly become time to move on. Perhaps that truck and RV we thought about in the 80's may be our future retirement plans after all.
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