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.
Because of the recent poor economy, people are needing to reconsider what their finances will look like down the road, particularly people who are already retired or are looking to retire soon. Investments have taken some huge losses and a lot of people don’t think they can retire right now. But that might not be true.
It is possible to retire on a budget, but still lead an active and enjoyable life. One option is to consider park-model mobile home. These can be either seasonal or year-round residences.
You might be wondering how this is frugal. You are able to purchase a nice and already furnished park model mobile home for $15,000 to $20,000. You could also purchase a brand new unit for $25,000 or over. If you attempt to buy a stick built home for this kind of money you will be looking at something similar to a dog house, and for a small dog at that.
Can a park-model mobile home support an active lifestyle? 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. Craft rooms, clubhouses and classes offer fun activities for those older than 55. 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. There are many options available that are both inexpensive and fun. A park-model mobile home can give you many of the amenities often found in more expensive residences — all at an extremely reasonable price. So when it’s time to retire, you can sit back and enjoy.
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