Living on a fixed income is a reality for many of today’s retirees. While it might sound like something that limits your ability to enjoy your long awaited retirement, it does not have to be that way. With these useful tips for senior mobile home living on a fixed income, you can have both the retirement you dreamed of while staying on track financially.
Downsize. If your children are grown and you’re still trying to take care of a large home, think about downsizing. The smaller home will cost less to heat and cool plus it may cost less for regular home maintenance and weekly housecleaning. You might want to consider a 55+ manufactured home community where you can purchase a smaller home and enjoy the good life for less with access to community amenities such as a swimming pool or fitness center and planned activities with neighbors your same age. Spend your new free time doing something you love and pursuing your passions instead of spending time maintaining a larger home.
Get Real. Have a heart to heart with your finances. Create a budget by looking at Continue reading