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Your Retirement Guide To Living Cheap…Four Ways To Have It All

The guide to living cheap does not mean sacrifice. If you think you do not have enough money to retire…stop a minute. Here are four different lifestyles which has kept the writer and wife retired for 15 years. They are not only cheap they are fun as well…you can do this too.

1) Living on a sailboat in the Caribbean. We lived the life Jimmy Buffett sings about for eight wonderful years. Up and down the island chain from Venezuela to the Virgin Islands. Cheap…we averaged spending $1,000 a month when in the islands. Remember there is no charge for dropping your anchor in a beautiful bay. Ashore in the hotels they were paying $500 and up per night…we had a better view.

2) Full time RV is a great frugal retirement lifestyle. If you enjoy traveling without the hassle of packing and unpacking, give it a try. Monthly rent was around $450…pretty cheap including utilities. We used the RV as a means of finding a permanent retirement home. You can enjoy this fun, frugal retirement lifestyle too.

3) Live Overseas…we did for eight years. It is fun, cheap, safe and interesting. Currently one million Americans are living in Mexico. You can live very well here for $1500 to $2000 a month…including a maid…and health insurance which is $270 a year. You are three times more likely to a victim of violent crime in Mexico vs the US. Jimmy Buffett is right folks…changes in latitude changes in attitude.

4) Downsizing…when we moved from a 1800 square foot home to a 35 foot sailboat…about 50 square feet of space where you can stand up. You quickly find out that you can do without 98% of your stuff…and that is conservative. Downsizing from a big house to a condo is a piece of cake.

Yes you can still retire. We have done so for 15 years…having fun with no regrets. You can too…armed with the right information. You need the guide to living cheap. Interested?

Need to learn more from the guide to living cheap? For more information on fun and frugal ways to retire visit frugal retirement living. Do not quit on retirement until you check it out. Visit the Uber Article Directory to get a totally unique version of this article for reprint.

  1. February 15th, 2010 at 08:42 | #1

    Senior rental housing also is a cost affordable choice. You have largely fixed rental costs and then you can add a la carte services as you need or want them. For a lot of people this is a much better route to go than a CCRC.

    Eric Schubert
    Ecumen
    http://www.seniorhousingdevelopment.org and http://www.changingagingblog.org

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