Have you ever dreamt about living on a yacht in retirement, or perhaps touring the country in a swanky RV? Maybe you’re considering selling the house and moving to the lake cabin full-time. Does community living sound right up your alley? Or do all those design shows have you on a mission to chuck it all for a tiny house? Retirement opens some serious doors — or eliminates them if you’re constructing a rustic yurt. We’ve analyzed some of the cool ideas you might be kicking around.
Falling asleep to water lapping against the hull in a different port of call each night sounds pretty great. A yacht provides you with a floating condo you can take around the world. Many high-end manufacturers include appliances and other amenities that are nicer than what you’ll find in most land abodes. On the other hand, unexpected boat maintenance can interfere with your island-hopping plans. And all that travel requires a hefty amount of fuel, which is hard on the wallet. Slip fees can quickly add up, too, especially if you maintain one in a home port. Closet space is often lacking, so you’ll have to downsize your life before you set sail.
An RV can be just as luxurious as a yacht, minus the water. Parking fees at campgrounds and longer-term resorts are relatively inexpensive, and an RV lets you travel the continent in comfort and take in all the national parks. Keep in mind that the larger your rig the harder it will be to maximize your exploration, unless you tow a car behind. The less romantic aspects of RV travel include frequent stops at waste pump-out stations.
If you’ve been weekending at a lake cabin for years, you might be tempted to sell your urban home and live on the water full time. This is a great choice for wilderness lovers who adore the peace and quiet and access to fresh air. You may have bought or designed your lake house with temporary or summer living in mind, so it might require some upgrades to make it work as a main or year-round home. Moving to a truly remote hideaway may not be a safe idea if you’re dealing with any serious health issues that require frequent medical attention.
Community living complexes are cropping up all over the nation. They feature a mix of private living spaces with communal gathering areas for cooking, hanging out and enjoying recreational activities. If you’re a people person, community living might be just the ticket for having a solid group of friends and active support network. But if you like your space and privacy and hate an overabundance of rules, community living could be your worst nightmare.
The tiny house craze has lots of people giving up their excess belongings in favor of minimalist living. They are a highly affordable choice for folks who want to own rather than rent and who don’t want a mortgage. Some tiny homes can even be stationed in other people’s back yards, depending on city regulations. This makes a great option for retirees wanting to live near other family members — like grandkids. Of course, tiny homes are tiny, so consider your ability to settle in to a space that’s a fraction of the size of what you might be used to.
Yurts have been used as dwellings for thousands of years in Central Asia, but they’ve only recently gained popularity as homes in the U.S. Modern yurts are often made with industrial materials to withstand harsh weather. Yurts have similar benefits to tiny homes in that they are affordable and unique living spaces. Unfortunately, many yurt structures don’t meet city zoning requirements, so you’ll have to do your homework on what’s legal. Yurts can also be more susceptible to pest infestations than traditional homes. But if rustic living in retirement is your goal, then a yurt could be for you.
Whatever you choose, your Farm Bureau agent looks forward to helping you make your retirement dreams come true and navigating your boat, RV or homeowners insurance needs.