January 13, 2021
2020 was the year of the RV.
You might have noticed as you scrolled through social media that more of your friends, family, and maybe even your in-laws are moving out of their homes and living on the open road. Don’t believe it? Search #vanlife on Instagram and see what comes up!
It’s not hard to see why. The RV lifestyle pairs material minimalism with adventure. The possessions and mortgage payments that can weigh you down are replaced by bare essentials and the open road.
People crave freedom. A bigger house and lots of toys can’t promise happiness. If you’re a born adventurer, exploring the country in an RV might be the opportunity for escape that you’ve been waiting for.
But it’s not a decision to be made lightly. RVs cost anywhere between $60,000 and $600,000.¹ Beyond that, you’ll have to buy gas, food, and pay for vehicle maintenance. Unless you have a job that allows you to work remotely, you’ll need to save diligently in order to afford life on the road.
That fact has made the RV lifestyle an attractive retirement choice. It’s increasingly common for retirees to sell their homes and use the proceeds to buy a van or RV.
So if you are an adventurer, love freedom, and have the career or savings to afford it, life on the road might be the choice for you!
¹ “Is an RV the Perfect Retirement Lifestyle for You?,” Margo Armstrong, The Balance, July 21, 2020, https://www.thebalance.com/retire-in-an-rv-2388787