Unpleasant thoughts of eating cheap foods can be brought up when you think about cheap living in retirement. Although this does not have to be how it is at all. There can actually be a lot of enjoyment in being frugal.
The current state of the economy has many of us changing our vision of the future, especially if we are nearing retirement age. Almost everyone has seen their investments take a beating, leaving some to wonder if they can truly afford to retire.
It is possible to retire on a budget, but still lead an active and enjoyable life. What about moving to a mobile home park? These can be either seasonal or year-round residences.
But is this really an economical alternative? You should be able to purchase a pre-owned mobile home for between $15,000 to $20,000, including furnishings. For a minimum of $25,000, you can purchase a brand new model. Consider what you might get if you attempted to purchase a traditional home with that budget. You’d probably be looking at a shed, or worse yet, a dog house.
What makes mobile homes enjoyable to live in? Here in Phoenix, we are just an hour away from Mesa, Arizona — which happens to be a virtual park model mobile home mecca. There are a number of different communities in the Mesa area. On the smaller side, there are those with just around a hundred mobile homes. Others have over 2,000 units in one community. These communities have a variety of amenities. You will find golf courses at some.
Many of these offer a wide variety of activities for residents. For those who are 55 and older they have clubhouses and craft rooms that are kind of like summer camps for older people. The residents can keep as busy as they’d like. The only problem you’ll run into is what activity to choose.
So, if you’re looking at retiring on a limited budget, there is no need to worry. Until every option has been explored, you should not give up on retiring. A park-model mobile home can give you many of the amenities often found in more expensive residences — all at an extremely reasonable price. Have fun.
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