Tiny Houses

Retirement may be just around the corner and you might catch yourself thinking Where am I going to retire to Do I have the money to live comfortably and still do the things I want to with my retirement Unfortunately today s world is quite expensive and people have been saving less and less for retirement. Even those who have ample retirement funds use a good portion to pay rent or other living expenses leaving less money to enjoy retirement vacations or dream travel. But fortunately for you there is a solution- buying or renting a tiny home .What is a tiny home The term generally refers to houses or apartments that are less than 400 sq. ft. That s a small living area but many people enjoy the smaller space claiming it gives them more freedom. There are benefits and disadvantages to a tiny home of course but for many the benefits outweigh the downsides.Pros of a Tiny House Cheaper Tiny houses cost much less than normal houses to buy or to build meaning you have more funds left over for your retirement activities and in the case of renting they usually run at prices at least half as much as other apartments in the same area. Utility bills are also much less of a monthly drain as some residents report monthly bills as low as 20.Downsizing With less people in the home (assuming your children are all grown up and living on their own) you may have less space requirements. A smaller home means less rooms to clutter up. And less space means faster and easier cleaning.Customization Tiny homes are easy to modify and many are changed with senior living in mind. No troublesome stairs to navigate showers and baths can have access bars and other such modifications can be made to make your life easier.Cons Less Space If you have lots of antique furniture you won t be able to fit it all in the Tiny home. This does require you to get rid of larger furniture pieces that may have fit in our old home. Facilities Some of the Smaller homes don t have full kitchens or space for washers and dryers so keep this in mind when looking into buying or renting a tiny house.

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