I've done the math with respect to retirement, and I see no value in paying off a residence over the course of a lifetime, only to turn right around and sell it with hopes of then paying cash for my final resting place, pun intended, in the name of "cutting back." Big deal.
Pretty anticlimactic, if you ask me. Yet, it's exactly what my parents did, and they're quite happy.
I honestly don't think the average person of my generation will realize that kind of life profit margin. I may be wrong.
I thought about how much disposable income I'd have to "live it up" if my final residence were a motorhome. And, if a large vehicle with all the creature comforts is what I had mind, then the answer is "not much." An RV's energy consumption as built under current standards is atrocious. It guzzles gas, is horribly insulated, has oversized appliances and is remarkably inefficient when it comes to electricity. Parking is limited and can be quite costly in certain locations -- not to mention any kind of mortgage I'd be paying on my $100,000 + retirement vehicle.
While it is true that there are very few options for beautiful homes situated in beautiful places that will have a purchase price of such a low figure...
...once I tack on all of those other costs I'd still need a sizable income to keep my big RV afloat.
The Roving Home is actually an experiment. In the big picture of my life, the cost is very reasonable. It will be paid for upon completion. It can be parked anwhere over night, preferrably in a place that's free. It will be virtually self sustaining, able to sip energy due to a thick insulation and a small appliance load. Of course, included in that efficiency is the willingness and desire to tread lightly -- to trim down what I've known since childhood to be the right way to live -- long showers, lights on all night and a full time refrigerator keeping bottles of condiments cold. It's far healthier to eat fresh fruits, vegetables and meats, anyway.
According to "What's My Carbon Footprint.com," I contribute 11.9 tons of pollutants to the atmosphere anually, due to my current energy cosumption and lifestyle choices. Ouch!
If all works out, then I do believe I will have found my future in lodging along with a way to save large sums of money, for my later years.
I will always be able to build another Roving Home if there are things I really want to change. And, the interior will be luxurious, with accents found commonly in a nicely designed house. Why not, right? It's such a tiny space. It's not as if I have to buy three extravagent faucets. All I need is one, so I can spend a lot more on it. I'll need to refill the water and propane tank. I won't have a large heating bill or a huge property tax bill. I will no longer have my gigantic property insurance bill, electric bill or trash fee.
I can't wait to roll up to my mom's retirement community in this thing. She probably won't even open the door when I ring the bell ... provided security lets me pass through the gates.