Not everyone is looking for a sprawling condo in Florida once they retire. More and more as the tiny house revolution is spreading across the globe, many retirees are seeking to downsize their lives to something much more manageable, and the tiny home is on their list of options. Another reason the tiny home is becoming a popular idea for retirees is that you don’t have to leave the state unless you choose to, because there are many ways to have a tiny home built somewhere near where you already are. Often, if you are a land owner, your tiny house can be built in your backyard. These are issues that need to be discussed with your county and all of its rules and regulations.
Here are 6 reasons you may want to think about retiring to a tiny home:
1. You Get Rid of Your Mortgage
Getting rid of their mortgage is normally the number one perk when it comes to downsizing to a tiny home. You can sell whatever property you have and use those funds to build your tiny home or to buy one that is already built. Most likely you will have money leftover from this process.
2. You Can Travel the Country
If you want to build your tiny house on wheels or turn a camper into a tiny house, you can use it to travel and never really leave home. For many this is a plus, to be able to see the country, enjoy freedom of travel and still be able to live in your own comfortable surroundings. You will also save money on hotels, so gas will be your most important expense, but you can sleep in your own leisurely and familiar space.
3. Less Stuff, Less to Clean
The practical reason to downsize to a small home, is that if have less things, there is less to clean and care for. Living a minimalist life doesn’t need to be boring. You can always add a lot of color to your tiny home instead of a lot of furniture. As retirees, it would seem like a great idea to lessen the amount of chores and work that a regular sized house would require.
4. Lower Utility Bills
Lower utility bills is another great practical reason to retire into a tiny home. Lower utility bills is another perk that will help you save you money and the more money you save, the more you can travel with ease, should that be your desire. If you’re not into travel and are simply looking for comfort, lower bills are still one of the best reasons to downsize.
5. You Can Retire Early or Work Part-time
Having lower bills and no mortgage, frees you up to either retire early or work only part-time. The pressure to make a certain amount of money a month will change drastically. You will feel more freedom in your life especially if you ran your own business. You can cut your hours down to the minimum, if you choose.
6. Create a Super Fun Retirement Project
You can also create your own tiny house plans and begin a project together building your own home. You can design it just the way you want to and create a home that is specifically catered to your needs and wants. It can also be a lot of fun watching your tiny house come together, particularly if you are a natural DIYer. There are endless reasons why retiring to a tiny house is a great idea for retirees, but what is most important is that you enjoy the process.