The Scenario: Affordable retirement in a cozy home
Check out the choices Betsy Barbour had.
3. Fort Myers, Florida - Hello, Roomie! ($375/month)
Betsy and a friend realized that with a roommate, they could afford — at about $375 a month each — a small two-bedroom rental in a gated age-55-plus Fort Myers condo community on a lake. “After years of living on my own, I really liked the idea of sharing space and costs,” she says.
Her pick: Option 2! It’s tiny time!
Elizabethtown, Pennsylvania ($28,000)
Betsy loves her mini abode’s affordability and mobility (she’s already moved it — to Pennsylvania!). There’s also a philosophical element to aging this way. “I’m already thinking this tiny house is too big, and I may go even tinier. The smaller I go, the more it forces me to pare down my life. By the time I’m done, my son won’t be burdened with going through a lot of my stuff.”