Cheap Retirement Can Be Great Fun





On cheap retirement, people does not actually look into a retirement that is cheap.  Most want to have bankrolls of cash that will finance travel, recreational toys, and the dream home, but in many cases, reality is that stretching a dollar to make ends meet occupies the minds of retirees regardless of age.

Saving for retirement has taken decades of hard work, and stretching every dollar for a great retirement makes the funds last for decades.

Freedom to live a modest lifestyle is possible by having like-minded friends, seeking free entertainment sources, and never paying retail prices. Friends, who have millions of dollars to spend, are nice to see periodically, but if you try to keep up with them, your funds will disappear more quickly than your retirement years.

 

With limited funds you can

People, who have limited funds, can have great friends, who also like to eat most meals at home, and will gladly accept an invitation to dinner or even a potluck supper.

Sharing meals and great conversation during any season of the year grows friendships and enhances the joys of life, this is inexpensive retirement but rather enjoyable and unnoticeable.

After dinner, pull out a deck of cards or an old-fashioned board game to lighten the conversation and interject some healthy competition.

With great friends, finding ways to save even more money becomes a great team project. Some resistance from “the Jones” may be met, but you will be enjoying your frugality so much, you probably will not notice.

 

 

Creativity for an Inexpensive Retirement Living

Creativity is born out of necessity when money is not available to solve a problem or meet a need during cheap retirement living. And here are just some ways on how to achieve this:

1. Existing DVD collections can be supplemented by borrowing DVDs from the local library’s collection.

2. Visit the library to borrow for books and audio books to keep the mind sharp and learn new hobbies and pastimes.

3. Share books with friends who also love to read and will share theirs in return.

4. Trade books with a used bookstore and renew your personal collection.

5. Spend time outside during every season under the sun with your grandchildren.

6. Cook outside and visit your local parks to get some fresh air.

7. Exercise multiple times every week.  Daily exercise will keep your bones healthy and your joints loose. Walk on a treadmill or go to the mall and walk the halls while you wear a pedometer.

Active seniors draw people to themselves and will never be lonely no matter what the future holds.

On frugal retirement, every purchase must save money and can be completed creatively in the most obscure places to ensure that every dollar has the buying power of at least two.

 

Other means of cheap retirement

Thrift stores are great, but so are clearance stores that have most of last year’s favorites at greatly reduced prices. Find a salvage grocery store that is near to your home, and take a friend to find the greatest bargains you can imagine on food and household goods.

Use coupons from every imaginable source for any purchase including gifts. Join every possible membership club and remember to use the discounts offered. Buying club warehouse quantities can be split between multiple families to save hundreds of dollars every year.

When you do travel, visit the National Parks and use the senior golden passport and Eagle Pass, for which you paid a one-time fee that covers every entrance fee to parks and wildlife areas across the nation. Learn to travel at the last minute and snag deals that were once only scams. There are great ways to stretch your travel dollars and take your friends along, too.

 

Click here to Return to Cheapest Places to Retire



feed icon

Twitter

Facebook



The Advantages and Disadvantages of Frugal Living Abroad

Frugal living abroad can save one a lot of money. There are many countries that have a low cost of living; many of these nations are becoming retirement hot spots for those who want to save money and still live comfortably. However, one will not automatically save money by moving abroad. There are pitfalls to […]

Five Methods for Living Cheap in Retirement

Living cheap in retirement is not impossible. In fact, with a bit of preplanning and careful budgeting, one can save a considerable amount of money. Following are five ways to save money and still enjoy the golden years. Consider RV Living Many retirees are opting to sell their homes and belongings and move into an […]

Tips on Living Frugal

By living frugal, one can save a lot of money. It may take an initial sacrifice to live frugally, but in the end it is more than worth it. Living cheap will enable one to stay debt free and set aside money for the future. Most everyone wants to stay out of debt and maintain […]

Living at Home vs. Living in a Retirement Home

Living at home has its advantages and disadvantages. A retiree should consider the pros and cons before deciding where to spend his or her retirement. Whether it is best to live at home or in a retirement community depends on a person’s finances, health and other factors. A lot also depends on what a person […]

How Much Do I Need To Retire

How much do I need to retire?   This is a question we all ask ourselves at some point. Calculating retirement needs will vary for each individual.   There are many factors to consider such as where one plans to retire as well as the kind of lifestyle one wants to live during this time.   Most of […]

The Advantages of Making Cheap Living a Way of Life

By making cheap living a way of life, one will be able to save a considerable amount of money every year. Contrary to popular misconception, cheap living does not need to be Spartan. A person can live quite comfortably on a limited budget. The key to cheap living is self discipline. One will have to […]

What One Should Know About Living Cheaply and Well

Living cheaply and well means that one will be able to live comfortably and still save money. The first step is to make a monthly budget. One should write out a list of necessary expenses (i.e. utilities, mortgage, insurance) as well as list expenses that are not vital but are nonetheless important (i.e. shopping, entertainment, […]

Finding the Money to Retire

Everyone needs money to retire. The questions one needs to ask is how much money does one need and how does one acquire enough to retire comfortably. The amount of money one has during retirement can have a great influence on how one spends his or her retirement years. It could mean the difference in […]

A Guide on Eat at Home Save Money

Eat at home save money it is that simple.   Unless you have been living under a rock your whole life, it is common knowledge that restaurants markup their food prices.   Of course, some restaurants are more high scale than others are, and their markups are much more extreme compared to low-end restaurants.   No matter whether […]

Frugal Living Ideas for Everyday Living

Frugal living ideas can be what you want or need them to be. As an individual with your own set of unique circumstances, you can define frugality any way you like to fit into what works best for you. Frugality is basically living better while spending less. It all depends on the type of lifestyle […]

Planning For Simple Retirement

Creating a simple retirement plan can be done in many ways. One could calculate how much he or she needs to put in savings and/or use an IRA through an employer or set up a trust or insurance contract. One should also consider any other income he or she will receive such as pensions and […]

Living in Small Spaces Can Simplify Your Life

Living in small spaces is becoming a way of life for many environmentally and fiscally conscious people. There is a growing movement of individuals who are voluntarily downsizing their living spaces in order to cut down on their carbon footprints and their expenses. While adopting this type of lifestyle does come with some sacrifices, those […]

Is Living Off the Grid the Lifestyle for You

Living off the grid can be a way to avoid high utility bills, intrusive homeowners associations and other hassles of modern life. This type of lifestyle means different things to different people. Some would consider off grid living to be freeing yourself from a reliance on power companies and other utility providers, while others take […]

A Dining Out Guide to Living Cheap to Help with Pricey Restaurants

Follow this dining out guide to living cheap, if you fancy fine dining, but often find yourself lacking the necessary funds to do so, then  as it should help you find affordable ways to enjoy your favorite restaurants. Living on a budget can be quite frustrating because you find yourself having to cut out certain pleasures […]

Comfortable Ways to Keep Cool for Cheap

Wanting to keep cool for cheap is a notion that most people would like to exercise. With electric and gas bills skyrocketing in price, people are worrying about whether they can afford to pay their utility bill, especially during the coldest and hottest months of the year. Dealing with the cold can be easier than […]

Frugal Living in Retirement Blog

Frugal living in retirement blog advice abounds around cyberspace. Regardless of your retirement portfolio’s relative size, frugal retirement living is amazingly simple. Financial resources are somewhat diminished, but so are daily living costs. Following are helpful hints to find your own happy financial medium.   Pre-Retirement Planning Visit ssa.gov for an official inflation-adjusted estimate of […]

Simple Tips for Living a Frugal Retirement

Frugal retirement is something many people are faced with; however, not all individuals are aware of exactly how this can be accomplished. Being frugal essentially means living on a strict budget and carefully watching all one’s expenses in order to ensure that money is not being spent frivolously, as this can potentially lead to financial […]

How to Best Engage in Cheap Retirement Living

During cheap retirement living, after collecting enough money, you will be legible for retirement, you will want to do your best to live comfortably while still saving enough money. Obviously, the situation for everyone will vary, based on numerous factors such as family and friends, spending habits, and the amount of money you have saved […]

A Simple Guide to Living Cheap

In living cheap you don’t have to make drastic changes to your lifestyle; a few small steps will save you small amounts of money in the short term, which will add up to substantial long term savings. Use the money you save to pay off debts, or treat yourself to a vacation or something you’ve […]

Truly Enjoying Life After Work: The Cheapest Retirement

With cheapest retirement, after fifty plus years in the full-time work force, many people are ready to retire but cannot see a way to enjoy life after work. Those who dutifully saved into retirement accounts or will be receiving a large pension fund may plan to live out the next twenty years of their lives […]

How Much Is Enough to Save for Retirement

The question of how much is enough to retire on is not easy to answer. A lot depends on an individual’s health condition, where he or she wants to retire and how a retiree would like to spend his or her golden years. Some retirees can get by on a limited amount of money, while […]

Create Your Own Guide to Living Cheap

Guide to living cheap will help people looking to live a simpler lifestyle with less money. We have been programmed by our society to believe that money equates happiness. In some respect, this is true. Money is associated with security and identity. However, there are some people who are strong enough to forgo these preconceived […]

Top Ten Things a Person Can Do Through Cheapest Living

Figuring out cheapest living can be difficult for those on a fixed income. As prices seem to rise on everything from utilities to groceries. What once may have been a very comfortable amount of money now seems excessively tight. Fortunately, there are many ways that normal people can save money. Here are ten tips to […]

How Much Money Will I Need to Retire?

How much money will I need to retire? Their clients are asking many personal financial planners this important question. It is never too early to consider planning for retirement. Developing a strategy on how much income you should save towards retirement begins with outlining your own future goals and dreams. Setting your retirement savings target […]

Approximations for How Much to Retire

How much to retire? This is a question a lot of older people are asking themselves, as well as many younger who are not close to retirement but who want to plan for it properly. Obviously, there are many different factors to consider. Where will you want to live? What activities do you plan on […]

Creative Ideas for Cheap Retirement Gifts

The hunt for cheap retirement gifts can be a challenge because most people already have everything they want when they hit retirement age. This should not discourage you from thinking outside of the box though. If you know someone who is getting ready to retire, consider buying him or her one of the gifts below. […]



  • Free Newsletter Sign-up

    How to Chose the Right Place to Retire Cheaply
    Enter Your Email Address
    * = required field

    powered by MailChimp!